Company Iron Force Industrial Co., Ltd.

Equities

2228

TW0002228004

Auto, Truck & Motorcycle Parts

Analysts' Consensus

Business Summary

Sales per Business

Sales per region

Managers

Members of the board

Share class

Shareholders

Company contact information

Sector

Sales per Business

Sales per region

Quarterly revenue - Rate of surprise

Sector Automotive Accessories

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-05-02 pm EDT			5-day change	1st Jan Change
101.5 ^TWD	+4.75%		+6.28%	+10.93%

Mar. 08	Iron Force Industrial Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Iron Force Industrial Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	CI

IRON FORCE INDUSTRIAL CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of automotive parts and components. The Company's main products include pre-retractable seat belt precision catheters, airbag components, display racks and hangers and others. The Company distributes its products to overseas markets, such as Europe, the Americas and the rest areas of Asia.

Number of employees: 2,063

TWD in Million	2022	Weight	2023	Weight	Delta
Automobile Parts 84.9 %	3,521	80.5 %	4,157	84.9 %	+18.08%
Display Frame 15.1 %	853	19.5 %	737	15.1 %	-13.61%

TWD in Million	2022	Weight	2023	Weight	Delta
China 47.7 %	2,072	47.4 %	2,337	47.7 %	+12.79%
Taiwan 36.5 %	1,636	37.4 %	1,789	36.5 %	+9.32%
Europe 15.7 %	666	15.2 %	769	15.7 %	+15.45%

Managers	Title	Age	Since
Cheng Yi Huang FOU	Founder	-	77-04-26
Cheng Chung Huang CEO	Chief Executive Officer	-	82-08-19
Ting Chun Lin DFI	Director of Finance/CFO	-	13-06-17
Ying Ling Chang PRN	Corporate Officer/Principal	-	84-04-01

Members of the board	Title	Age	Since
Yung Tu Wei BRD	Director/Board Member	78	12-06-19
Su Huan Wu BRD	Director/Board Member	-	13-06-17
Cheng Chung Huang CEO	Chief Executive Officer	-	82-08-19
Cheng Yi Huang FOU	Founder	-	77-04-26
Yuan Chen Chang BRD	Director/Board Member	-	12-06-19
Yao Tsu Shih BRD	Director/Board Member	-	13-06-17
Sha Wei Chang BRD	Director/Board Member	-	15-06-01

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	75,780,000	35,260,281 ( 46.53 %)	0	46.53 %

Name	Equities	%	Valuation
Yuanta Securities Investment Trust Co., Ltd. 0.1560 %	118,202	0.1560 %	368 232 NT$
UBS Asset Management (Singapore) Ltd. 0.1431 %	108,437	0.1431 %	337 812 NT$
Dimensional Fund Advisors Ltd. 0.0673 %	50,964	0.0673 %	158 767 NT$
First Securities Investment Trust Co. Ltd. 0.0530 %	40,162	0.0530 %	125 116 NT$
DWS Far Eastern Investments Ltd. 0.0396 %	30,000	0.0396 %	93 458 NT$
DFA Australia Ltd. 0.008436 %	6,393	0.008436 %	19 916 NT$

Iron Force Industrial Co., Ltd.

19/F No. 98, Section 1, Sintai 5th Road

221 02, New Taipei

http://www.ironforce.com.tw

address Iron Force Industrial Co., Ltd.(2228)

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

101.5 TWD

Average target price

111 TWD

Spread / Average Target

+9.36%

Consensus

Company calendar

Consumer Cyclicals

Automobiles & Auto Parts

Automobiles & Auto Parts

Auto, Truck & Motorcycle Parts

Automotive Accessories

	1st Jan change	Capi.
IRON FORCE INDUSTRIAL CO., LTD.	+10.93%	238M
GENTEX CORPORATION	+4.50%	7.89B
CHANGZHOU XINGYU AUTOMOTIVE LIGHTING SYSTEMS CO.,LTD.	+1.71%	5.26B
THULE GROUP AB	+11.99%	3.01B
TOYOTA BOSHOKU CORPORATION	+2.97%	2.69B
ADIENT PLC	-24.61%	2.5B
NINGBO JIFENG AUTO PARTS CO., LTD.	-1.48%	2.31B
PHINIA INC.	+35.62%	1.88B
KUNSHAN HUGUANG AUTO HARNESS CO.,LTD.	+45.03%	1.74B
NINGBO HUAXIANG ELECTRONIC CO., LTD.	+6.99%	1.54B

Automotive Accessories