Hwa Fong Rubber Ind Co (TPE:2109) Net Income: NT$384 Mil (TTM As of Jun. 2026)

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TPE:2109 Hwa Fong Rubber Ind Co Ltd TPE:2109
71 GF Score
Price NT$14.75
GF Value NT$14.64
Valuation Fairly Valued
! 4 Warning Signs
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What is Hwa Fong Rubber Ind Co Net Income?

Hwa Fong Rubber Ind Co TPE:2109 -0.67% 71 Net Income is NT$384 Mil as of Jun. 2026. GuruFocus rates TPE:2109 with a GF Score™ of 71/100 and a GF Value™ of NT$14.64 (Fairly Valued). The stock has 4 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Hwa Fong Rubber Ind Co's Net Income for the three months ended in Jun. 2026 was NT$89 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$384 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Hwa Fong Rubber Ind Co's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was NT$0.32.


Hwa Fong Rubber Ind Co  (TPE:2109) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Hwa Fong Rubber Ind Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Hwa Fong Rubber Ind Co Net Income Related Terms


Hwa Fong Rubber Ind Co Net Income Historical Data

* Premium members only.

The historical data trend for Hwa Fong Rubber Ind Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hwa Fong Rubber Ind Co Net Income Chart

Hwa Fong Rubber Ind Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 362.02 294.49 422.34 449.98 324.88

Hwa Fong Rubber Ind Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.35 75.46 106.59 113.50 88.60
TPE:2109
71GF Score
Hwa Fong Rubber Ind Co Ltd TPE:2109
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hwa Fong Rubber Ind Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Hwa Fong Rubber Ind Co's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=498.863+-84.998+0+-88.988
=325

Hwa Fong Rubber Ind Co's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=147.613+-40.607+0+-18.411
=89

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$384 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of NT$384 Mil mean?
Hwa Fong Rubber Ind Co (TPE:2109) has a Net Income of NT$384 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hwa Fong Rubber Ind Co and its competitors.
Is Hwa Fong Rubber Ind Co's Net Income too high?
Hwa Fong Rubber Ind Co's current Net Income is NT$384 Mil. Overall, Hwa Fong Rubber Ind Co has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hwa Fong Rubber Ind Co's Net Income compare to ORLY and AZO?
Hwa Fong Rubber Ind Co's Net Income of NT$384 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for a Vehicles & Parts company?
A good Net Income depends on the Vehicles & Parts industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Hwa Fong Rubber Ind Co and its competitors. Hwa Fong Rubber Ind Co's current Net Income is NT$384 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwa Fong Rubber Ind Co stock overvalued right now?
Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co (TPE:2109) is currently considered Fairly Valued. The stock's GF Value™ is NT$14.64, compared to a current price of NT$14.75 — trading 0.8% above its estimated fair value. The current Net Income is NT$384 Mil. Hwa Fong Rubber Ind Co's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Hwa Fong Rubber Ind Co (TPE:2109), the current Net Income is NT$384 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hwa Fong Rubber Ind Co (TPE:2109) Overvalued in 2026?

Based on GuruFocus' analysis, Hwa Fong Rubber Ind Co stock appears to be overvalued. The current stock price of NT$14.75 is trading 0.8% above its estimated GF Value™ of NT$14.64. GuruFocus considers Hwa Fong Rubber Ind Co to be Fairly Valued.

Key valuation signals for TPE:2109:

  • Net Income: NT$384 Mil
  • GF Value™: NT$14.64 vs. price of NT$14.75 (0.8% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the TPE:2109 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwa Fong Rubber Ind Co Business Description

Address No.300, Chung-Shan Road, Section 2, Ta-Tsun Township, Changhua County, Changhua, TWN, 515002
Hwa Fong Rubber Ind Co Ltd is a Taiwan-based company engaged in the manufacture, processing, domestic and foreign sales, import and export of rubber and plastic products. The company is engaged in the manufacture, processing, distribution, and trading of inner and outer bicycle tubes for automobiles, agricultural vehicles, recreational vehicles, light trucks, and radial tires. The company's reportable segments from a geographical perspective are Taiwan, Thailand, the United States of America, China and Other areas. The company generates the majority of its revenue from Other Areas.
71GF Score

Get the complete analysis for TPE:2109

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$14.75
Price
NT$14.64
GF Value