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2207 · TWSE · Taiwan · Consumer discretionary
In shortHOTAI MOTOR (和泰車) is profitable, generates cash and carries moderate debt, with revenue stable (+0.0% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 6.7% | 47/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 23.0% | 100/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | – | n/a |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.04× | 20/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.63× | 20/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.6% | 54/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.29× | 100/100 |
| Years with positive free cash flow (last 5) | 1 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 6.0% | 89/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.8% | 43/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
TWD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 246,917 | 245,775 | 279,477 | 282,573 | 282,609 |
| Cost of revenue | 178,774 | 170,526 | 195,696 | 195,196 | 194,631 |
| Gross profit | 68,143 | 75,249 | 83,781 | 87,377 | 87,978 |
| Research & development | 111 | 123 | 136 | 261 | 371 |
| Interest expense | 1,930 | 3,195 | 5,741 | 7,166 | 7,279 |
| Pre-tax income | 24,971 | (14,635) | 29,499 | 27,882 | 27,421 |
| Income tax | 5,413 | 1,111 | 3,368 | 3,931 | 4,952 |
| Net income | 16,211 | (19,330) | 22,858 | 20,467 | 18,900 |
| Diluted EPS | TWD29.66 | −TWD34.70 | TWD41.00 | TWD36.71 | TWD33.90 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: MOPS (mops.twse.com.tw). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated –