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Taiwanese maker of electrical equipment such as transformers and motors, part of the Chung-Hsin group which also has real-estate interests.
Taiwanese maker of electrical equipment such as transformers and motors, part of the Chung-Hsin group which also has real-estate interests.
In one line: A smaller Taiwanese electrical-equipment maker akin to a regional Siemens Energy supplier.
Moat: narrow (scale, customer qualification). Long-established electrical-equipment supplier to Taiwan's utilities and industrial sector.
Headquarters: Taipei, Taiwan
Size Chung-Hsin Electric & Machinery Manufacturing (1513.TW) is a Taiwan Industrials company (Electrical Products) with a market value of $2.07B, the 166th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$138.50 on 6 Nov 2026.
Performance Over six months the shares fell 10.1%, against -21.1% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 6th highest of 19 in its peer set.
Growth Revenue grew 3.8% over the last twelve months (peer median +6.3%); the operating margin is 18.9% (peer median 9.4%).
Valuation It trades at 14.7× forward earnings against a peer median of 21.5× (6th cheapest of 16).
Price implies For today's price to make sense, revenue must grow about -2% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -14 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 9.2 points above its cost of capital (6.3% WACC).
Next results Next results expected around 11 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$27.9B | NT$27.4B | NT$25.6B | NT$22.1B | NT$18.5B |
| Revenue growth | — | +7% | +16% | +19% | — |
| Gross profit | NT$7.33B | NT$6.92B | NT$6.57B | NT$6.28B | NT$4.63B |
| EBITDA | NT$8.94B | NT$8.54B | NT$7.82B | NT$7.24B | NT$5.45B |
| Net income | NT$4.39B | NT$3.99B | NT$3.62B | NT$1.59B | NT$2.43B |
| Free cash flow | NT$8.59B | NT$11.2B | NT$3.19B | NT$5.47B | NT$2.80B |
| Capital expenditure | NT$926M | NT$932M | NT$1.12B | NT$2.16B | NT$3.43B |
| Total debt | NT$9.32B | NT$10.4B | NT$16.5B | NT$14.6B | NT$17.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Chung-Hsin Electric & Machinery Manufacturing 1513.TW | $2.07B | -10% | +4% | 19% | 14.7× | -2.2% |
| Voltronic Power Technology 6409.TW | $2.10B | +1% | -13% | 20% | 21.5× | 6.2% |
| Siemens Energy ENR.DE | $111B | -33% | +9% | 9% | 26.4× | 17.3% |
| Fortune Electric 1519.TW | $4.75B | -50% | +5% | 21% | 26.0× | 16.1% |
| Shihlin Electric & Engineering 1503.TW | $2.51B | -20% | +8% | 12% | 18.9× | 11.5% |
| Teco Electric & Machinery 1504.TW | $4.23B | -13% | +8% | 9% | 19.5× | 9.3% |
| Tatung 2371.TW | $1.70B | -15% | +8% | 4% | 10.0× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 1513.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -16.8% | -11.1% | 8th lowest of 21 |
| 6-month return | -10.1% | -21.1% | 6th highest of 19 |
| Distance from 52-week high | -31.1% | -43.4% | 6th highest of 21 |
| Revenue growth (TTM) | +3.8% | +6.3% | 10th lowest of 21 |
| Operating margin | 18.9% | 9.4% | 5th highest of 21 |
| Forward P/E | 14.7× | 21.5× | 6th cheapest of 16 |
| Growth the price implies (Req g, 7 yrs) | -2.2% | 5.7% | 4th least demanding of 9 |
| Growth delivered (Del g) | +12.3% | +7.6% | 3rd highest of 9 |
| Hurdle (Req g minus delivered) | -14.5 pp | -2.1 pp | 2nd least demanding of 9 |
| ROIC minus cost of capital | +9.2 pp | +2.1 pp | 5th highest of 20 |
| EV / EBITDA | 8.3× | 8.5× | 5th cheapest of 9 |
| Net debt / EBITDA | 0.6× | -0.5× | 2nd most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Chung-Hsin Electric & Machinery Manufacturing 1513.TW | Taiwan | $2.07B | -10% | +4% | 19% | 14.7× | -2.2% | +12.3% |
| Ligent Technologies 9856.HK | Hong Kong | $2.07B | n/a | +33% | 12% | n/a | n/a | n/a |
| Signify LIGHT.AS | Netherlands | $2.09B | -26% | -8% | 7% | 8.5× | -12.5% | -2.4% |
| Titan Wind Energy (Suzhou) 002531.SZ | China | $2.05B | -37% | -1% | 5% | 29.4× | n/a | n/a |
| Zhejiang E-P Equipment 603194.SS | China | $2.04B | -3% | +17% | 13% | 14.8× | n/a | n/a |
| AQ Group AB AQ.ST | Sweden | $2.04B | -5% | +11% | 9% | 24.7× | 12.4% | +13.5% |
| Voltronic Power Technology 6409.TW | Taiwan | $2.10B | +1% | -13% | 20% | 21.5× | 6.2% | +8.5% |
| Chengdu Jiachi Electronic Technology 688708.SS | China | $2.11B | -33% | -7% | 26% | n/a | n/a | n/a |
| Dajin Heavy Industry 1081.HK | Hong Kong | $2.03B | n/a | +2% | 19% | 10.6× | n/a | n/a |
| Minmetals New Energy Materials (Hunan) 688779.SS | China | $2.00B | -36% | +146% | 5% | 23.8× | n/a | n/a |
| Xian Sinofuse Electric 301031.SZ | China | $1.99B | -16% | +56% | 21% | 22.1× | n/a | n/a |
| SMA Solar Technology S92.DE | Germany | $1.99B | -21% | +4% | -7% | 16.7× | -4.2% | +8.1% |
| Jinlongyu 002882.SZ | China | $1.97B | -21% | -1% | 3% | n/a | n/a | n/a |
| NuScale Power SMR | United States | $2.18B | -60% | -81% | -6,854% | n/a | n/a | n/a |
| TD Power Systems TDPOWERSYS.NS | India | $1.96B | -7% | +54% | 17% | 47.1× | 40.6% | +25.6% |
| Meidensha 6508.T | Japan | $1.96B | -20% | +12% | 10% | 11.0× | 5.1% | +7.1% |
| Jiangxi Special Electric Motor 002176.SZ | China | $1.96B | -52% | -13% | -13% | n/a | 48.7% | +1.2% |
| Rept Battero Energy 0666.HK | Hong Kong | $2.19B | -57% | +56% | 6% | 10.0× | n/a | n/a |
| Nuode New Materials 600110.SS | China | $2.21B | -22% | +100% | 4% | 37.0× | n/a | n/a |
| Simplo Technology 6121.TWO | Taiwan | $1.90B | -6% | +3% | 11% | 9.6× | -20.1% | -0.8% |
| Jiangsu Cnano Technology 688116.SS | China | $1.90B | -19% | +8% | 19% | 32.6× | n/a | n/a |