Feng Tay Enterprises (9910) Investor presentation summary

Company overview

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

• Specializes in shoe manufacturing and sales with a capital of NTD 9,875 million.

• Production capacity distributed across China (10%), Indonesia (14%), Vietnam (46%), and India (30%).

• Employs approximately 135,000 people.

Financial performance highlights (2024)

• Consolidated revenue reached NTD 87,487 million, up 2% year-over-year.

• Gross margin improved to 23%, a 2 percentage point increase.

• Operating profit margin rose to 9%, and after-tax net profit margin to 7%.

• Earnings per share increased by 18% to NTD 5.94.

• Return on equity climbed to 23%.

Income statement summary (2024)

• Gross profit grew 11% to NTD 19,813 million.

• Operating expenses rose 11% to NTD 12,422 million.

• Operating profit increased 12% to NTD 7,391 million.

• Net income attributable to owners was NTD 6,266 million, up 15%.

• EPS reached NTD 5.94, an 18% increase.