Feng Tay stock reports weaker first-half margins

Published on 10/05/2026 at 17:51 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Feng Tay stock was last at TWD 66.70 on October 5, 2026, while its market value stood at TWD 65.9 billion. First-half revenue fell 3.7 percent to TWD 39.61 billion and net profit declined 9.6 percent.

Feng Tay, TW0009910000, Illustration mit AI erstellt.

Feng Tay stock (ISIN TW0009910000) was last at TWD 66.70 on Taiwan S.E. on October 5, 2026, down 1.62 percent for the session. The footwear manufacturer entered the autumn market with first-half revenue of TWD 39.61 billion, down 3.7 percent year over year, according to Quartr in its September 18, 2026 summary.

First-half margins contract

The earnings picture is weaker below the sales line. Net profit attributable to owners fell 9.6 percent year over year to TWD 1.69 billion for the six months ended June 30, 2026, while gross margin declined from 23 percent to 18 percent, Quartr reported.

Feng Tay linked the pressure to higher operating costs, lower sales volume and foreign exchange losses. Operating cash flow for the first half was TWD 1.14 billion, down from TWD 2.44 billion in the prior-year period, adding a cash-conversion risk to the margin story.

Second quarter improves sequentially

The second quarter offered a better sequential comparison. Operating revenue reached TWD 20.38 billion, up 6 percent from the first quarter, while net income rose 54 percent quarter over quarter to TWD 1.032 billion, according to MarketScreener on September 7, 2026.

Basic EPS rose 51 percent quarter over quarter to TWD 1.03 in Q2 2026, but the year-over-year margin comparison remained negative. That split leaves the stock dependent on a recovery in volume and profitability rather than revenue growth alone.

Analysts stay below current levels

The analyst consensus is Underperform from 13 analysts, with an average target price of TWD 76.13, according to MarketScreener. That target is TWD 9.43 above the October 5 price, although the consensus label points to continuing caution around earnings quality.

Stock trades near yearly low

At TWD 66.70 on October 5, 2026, Feng Tay stock stood 50.96 percent below its 52-week high of TWD 136.00 and just above its 52-week low of TWD 66.40. The market capitalization was TWD 65.9 billion and volume reached 2,535,958 shares.