Feng Tay Enterprises (9910) Investor presentation summary

Company overview

• Founded in 1971 with headquarters in Yunlin Science and Industrial Park, Taiwan.

• Capital of NTD 9,875 million and employs around 131,000 people.

• Main business is shoe manufacturing and sales, with production in China (8%), Indonesia (14%), Vietnam (43%), and India (35%).

Financial performance (2026 Q1)

• Consolidated revenue was NTD 19,235 million, down 7% year-over-year.

• Gross margin decreased to 17% from 21%, and profit margin after tax fell to 3% from 6%.

• Net income dropped 44% to NTD 669 million; EPS declined 41% to NTD 0.68.

• Annualized ROE was 9%, down from 16% a year earlier.

Balance sheet and cash flow

• Total assets stood at NTD 52,202 million as of March 31, 2026; equity was NTD 28,583 million.

• Cash balance was NTD 4,598 million, with bank loans at NTD 5,687 million.

• Cash from operating activities was negative NTD 287 million in Q1 2026.

• Capital expenditures were NTD 428 million; cash dividends paid totaled NTD 5,036 million.