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1810.TW TWSE Construction Supplies & Fixtures

Hocheng Corp

$18,80
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Mcap
P/E
EV / Rev
Div yield
1,09 %
Op margin
-1,1 %
ROE
0,2 %
Net margin
0,3 %
Debt / equity
0,11
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Hocheng Corp is a construction supplies and fixtures company operating in the Consumer Cyclicals sector, primarily generating revenue through the production and distribution of building materials.

Business. Hocheng Corp (1810.TW) is a company engaged in the construction supplies and fixtures industry, operating within the broader cyclical consumer products sector. The firm generates revenue through the sale of products and is listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic presence are not provided in the available data.

Classification92 %
SectorConsumer Cyclicals
Business sectorCyclical Consumer Products
IndustryConstruction Supplies & Fixtures
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
0,2 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 1810.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 1810.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Hocheng Corp (1810.TW) is a company engaged in the construction supplies and fixtures industry, operating within the broader cyclical consumer products sector. The firm generates revenue through the sale of products and is listed on the Taiwan Stock Exchange. Specific details regarding its operating segments and geographic presence are not provided in the available data.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorCyclical Consumer Products
    IndustryConstruction Supplies & Fixtures
    AI synthesis
    GENERATED

    Hocheng Corp's capital structure is characterized by a low debt-to-equity ratio of 0.11, indicating a conservative leverage profile. The company maintains a current ratio of 1.58, suggesting adequate short-term liquidity to cover its obligations. However, its cash and equivalents of 4,131,000 TWD are significantly lower than its long-term debt of 726,913,000 TWD, resulting in a net cash position that is negative after subtracting total debt.

    Profitability metrics reveal a weak performance, with a return on equity (ROE) of 0.0021 and a return on assets (ROA) of 0.0014. These figures are below the typical thresholds for healthy returns in the construction supplies industry, indicating that the company is not effectively utilizing its equity or assets to generate profit.

    The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no material geographic diversification reported. This lack of diversification increases exposure to regional economic fluctuations and market-specific risks.

    Hocheng Corp's growth trajectory appears to be mixed. While the company reported a revenue of 4,556,763,000 TWD in the latest period, this is below the analyst estimate of 5,466,174,000 TWD. The operating income was negative at -49,252,000 TWD, signaling operational challenges. The outlook for the current fiscal year suggests a need for improvement in both revenue and profitability.

    Risk factors include medium liquidity risk due to the company's limited cash reserves relative to its debt obligations. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. However, the company's negative operating income and weak ROE suggest potential for future dilution if earnings do not improve.

    Recent events include the disclosure of financial results showing a decline in operating income and a marginal net income. No significant new filings or transcripts have been reported that would indicate major strategic shifts or operational changes.

    Key takeaways
    • Hocheng Corp has a conservative capital structure with a low debt-to-equity ratio of 0.11.
    • The company's profitability is weak, with a return on equity of 0.0021 and a return on assets of 0.0014.
    • Revenue is concentrated in a single business segment, increasing exposure to regional economic fluctuations.
    • The company's current revenue is below analyst estimates, and operating income is negative.
    • Liquidity risk is medium, and dilution risk is low, but profitability improvements are needed to sustain operations.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $18,80
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $6.87B
    Net cash
    -$722.8M
    Current ratio
    1.6
    Debt / equity
    0.1
    ROA
    0.1%
    ROE
    0.2%
    Cash conversion
    3112.0%
    CapEx / revenue
    -2.1%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin-1,1 %Bottom quartile
    Net Margin0,3 %Below median
    ROE0,2 %Below median
    Capex / Rev-2,1 %Above median
    D/E0,11Above median
    Cash Conv31,12Best in class

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Capex To Revenue
      capital_expenditure / revenue
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    Source documents
    • Hocheng Corp Market data — financials · 2026-05-26
    • Hocheng Corp Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    1810.TWCanonical
    TWSE · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage