AI 銘柄分析 · 10年
Hon Hai Precision Industry Co., Ltd.
2317 · TWD · 分析基準日 2026-11-06
鴻海：製造事業とAIサーバーの10年評価
AIによるシナリオ分析です。基準日以降の出来事、株価や為替の変化は個別に確認が必要です。各数値は元の分析の単位と前提に従います。
分析の要約
受託製造・AIサーバーの成長と設備投資、株式報酬、転換社債を5ケースで評価。2026年上期財務は一部の子会社などのレビューに限定があり、基準日株数は代理値です。2027年の転換社債売戻し権と2029年の転換・借換は予測。台湾でETFが負担する源泉税は未反映です。
要約の補足
- investment_thesis
AIサーバー構成比上昇による売上成長は強い一方、ICT量産の低い営業利益率、顧客集中、在庫・売掛・現金循環、地政学と設備投資が親会社持分価値を左右する。
- primary_risks
内容を開く
- 1
large_unnamed_US_smart_device_customer_concentration_exact_share_not_disclosed
- 2
AI_server_revenue_breakdown_and_AI_only_profit_margin_not_disclosed
- 3
high_inventory_receivables_and_seasonal_cash_conversion
- 4
US_localization_capex_and_semiconductor_supply_chain
- 5
bond_conversion_dilution_and_2317_treasury_count_uncertainty
- 6
NCI_and_equity_method_investments_not_equivalent_to_100pct_parent_cfs
- 7
Taiwan_country_ETF_USD_FX_and_tax_not_modelled
- 2026_11_06_price_vs_expected
Computed under explicit 11% TWD CoE and post-2026 hypotheticals; sensitivity to terminal sustainable investment and buybacks critical
- 2026Q3_results_after_cutoff_excluded
- はい
- auditor_2026_H1_review
reviewed with qualification; not a FY2026 audit
結論の補足
- expected_intrinsic_per_share_twd
- 177.8014
- twse_last_close
- 224.5
- 時価総額（億）
- 31601.93556102
- probability_weighted_old_holder_pv_oku
- 25028.36416852
- expected_cashflow_IRR
- 0.0783025432
- cost_of_equity
- 0.11
- 状態
quantified_illustrative_scenario_model_not_investment_advice
事業
- segments_and_revenue_definition
FY2026H1 note (31) product revenues, not profit segments: smart consumers, cloud/networking, computing, components & other
- AI_server_sales_reported_separately_oku
- 未確認
- AI_server_profit_margin_reported
- 未確認
- large_key_customer_names_and_sales_weights_in_IFRS_product_note
- 未確認
- Apple_exposure
substantial risk because smartphones and large US customers drive smart consumer cycle; precise Apple % not asserted as primary disclosed revenue
- AI_server_profitability
No company audited AI-only op margin; lower-margin assembly/AI racks scenario is a risk inference, not a reported number
- verified_order_backlog_by_product_2026Q2
- 未確認
- orders_status
Company Q2 IR described direction of customer AI/server demand and 2027 capacity, not an audited per-client booked order backlog. No fabricated backlog quantity.
- pricing_and_mix
Global OEM-EMS scale and procurement/engineering help but customer negotiating power and pass-through parts costs constrain margin
- working_capital
receivables + inventory - accounts payable; net seasonal exposure depends on customer advances, seasonality, FX
- investment_and_capex
US and other manufacturing localization, AI hardware capacity and R&D require cash capex and NWC upfront
- separate_entity_financials_verified
- 未確認
- separate_entity_financials_missing_reason
Only consolidated H1 issuer-reviewed statements were sufficiently retrieved for the pre-cutoff period; no unsupported parent-only revenue/net-asset figure fabricated
競争力・事業の質
- accounting
2026 H1 consolidated, reviewed/qualified, SBC charged in IFRS operating expenses
- earnings
profit driven by thin group op margin over immense revenue, can mask volatility
- cashflow
2026H1 cash operations negative, seasonal WC and capex heavy; annual assumption not annualised mechanically
- capital_allocation
FY2026 already ex-cash dividend; future board decisions uncertain
- score_method
qualitative judgment without fabricated quantitative credit ratings
業界と環境
- 市場
global EMS, networking and server manufacturing
- peers
Quanta, Wistron, Compal, Pegatron (comparative names only, not used in terminal multiple)
- risk
AI-capex cycle and low-margin assembly balance
- market_multiples_used_to_set_terminal
- いいえ
財務・資本配分
- IFRS_observed_H1_report_date
2026-06-30
- 親会社持分（億）
- 19079.36607
- NCI_equity_oku
- 2116.50977
- gross_interest_bearing_borrowings_ex_lease_oku
- 13045.30201
- cash_and_equivalents_oku
- 9630.02077
- current_amortized_cost_fin_assets_oku
- 5591.15211
- leases_oku
- 418.38471
- group_equity_method_investments_oku
- 2032.78997
- parent_equity_only_for_old_holder_terminal
- はい
- gross_debt_not_subtracted_a_second_time_in_parent_equity_FCFE_DCF
- はい
- time_deposits_not_assumed_all_unrestricted_cash
- はい
- debt_maturities_2026_H1_filing
内容を開く
- 2016_USD400m_2026_09_23
prior to valuation; assumed refinanced in base bridge
- 2019_USD300m_2029_03_12
rollover assumption
- 2021_USD110m_2028_08_25
rollover assumption
- 2020_USD600m_2030_10_28
rollover assumption
- 2024_USD700m_convertible_2029_10_24
partial conversion in stronger cases and rollover of remaining carrying value
- 2025_EUR650m_2031_11_04
rollover assumption
- 2025_subsidiary_convertible_due_2028_02_27
NCI subsidiary issue not parent ordinary shares
- sbc_past_observed_H1_expense_oku
- 14.13967
- parent_new_shares_from_subsidiary_level_SBC_not_assumed
- はい
- known_2026_total_dividend_and_cash_timing
2026 June 30 equity already lower by declared NT$100.932bn; July31 pays previously booked dividend payable and reduces cash only, not equity again
- 2024_parent_convertible_compound_instrument_bridge
内容を開く
- 出典番号
- 1
s03
- 2
s16
- 状態
2026H1 total and 2024/2021/2025 issue-level convertible amounts DIRECTLY VERIFIED in issuer H1 Table 9 page 5; future amortization/2029 conversion/refinancing FORECAST
- issue_date
2024-10-24
- maturity_date
2029-10-24
- contractual_end_of_conversion_period
2029-09-24
- bondholder_three_year_put_recheck
2027-10-24
- original_USD_principal
- 700000000
- fixed_TWD_USD_contract_conversion_rate
- 32.186
- TWD_face_value_oku
- 225.302
- adjusted_conversion_price_2026_07_TWD
- 281.09
- max_shares_at_2026_fixed_conversion_price
- 80152975.915
- 2026_H1_total_convertible_face_oku
- 237.11451
- 2026_H1_total_convertible_discount_oku
- 26.94551
- 2026_H1_total_convertible_net_carry_oku
- 210.169
- 2026_H1_non2024_remaining_face_oku
- 3.15151
- 2026_H1_2024bond_issue_carry_estimated_oku
- 198.70737
- 2026_H1_2024bond_issue_carry_VERIFIED_oku
- 198.70737
- 2026_H1_2024bond_issue_specific_discount_VERIFIED_oku
- 26.59463
- 2026_H1_2025bond_issue_face_VERIFIED_oku
- 8.661
- 2026_H1_2025bond_issue_discount_VERIFIED_oku
- 0.35088
- 2026_H1_2025bond_issue_carry_VERIFIED_oku
- 8.31012
- 2026_H1_2021bond_remaining_face_and_carry_VERIFIED_oku
- 3.15151
- 2026_Aug05_2021bond_prebasis_settlement_ASSUMPTION
June30 residual 3.15151oku TWD proxy repaid in cash on contractual 2026-08-05 maturity; unverified actual redemption/conversion
- 2026_H1_2024bond_issue_carry_directly_disclosed
- はい
- discount_allocation_assumption
NONE. Issue-specific 2024 unamortised discount NT$2,659,463 thousand verified in H1 Table9; 2025 subsidiary bond NT$35,088 thousand discount; 2021 remaining note NT$315,151 thousand book=face. Future effective interest rate and no FX reset assumed.
- other_convertible_carry_estimate_oku
- 11.46163
- 2026H1_direct_issue_liability_source_location
issuer 2026H1 report Appendix Table 9 Page 5 (229th PDF page, zero indexed 228)
- 2024_issue_original_equity_option_reserve_booked_in_parent_equity_oku
- 38.40462
- 2026H1_all_share_option_capital_reserve_oku
- 38.45982
- option_2021_remainder_in_reserve_oku
- 0.0552
- existing_equity_option_increment_on_any_future_conversion_oku
- 0
- estimated_accrual_rate_to_2029_FX_constant_effective_interest
- 0.038579118709
- effective_interest_treated_as_NONCASH_financing_expense_not_SBC
- はい
- 2029_maturity_conversion_cases_assumptions
内容を開く
- bull
- 60000000
- upside
- 40000000
- base
- 20000000
- downside
- 0
- bear
- 0
- 2029_conversion_date_assumed
2029-09-24
- 2029_end_of_conversion_window_source
SGX 2024 Offering Circular, period closes 30 calendar days prior to maturity; actual trading day and Closed Period to be reconfirmed
- 2029_conversion_debt_carry_at_conversion_date_IF_100pct_oku
- 224.60259667
- 2029_discount_after_last_conversion_date_to_maturity_IF_UNCONVERTED_oku
- 0.69940333
- 2029_no_new_cash_on_conversion
- はい
- 2029_unconverted_principal_assumed_refinanced_at_face_same_day
- はい
- real_2029_put_exercise_conversion_price_FX_and_refinancing_unverified
- はい
- past_non_cash_conversion_2026_H1_2021_bond_USD346_7m_not_2024_bond
- はい
- 2026_H1_non_cash_bond_conversion_liability_derecognition_NTthousand
- 9501121
- 2026_H1_non_cash_issued_share_par_NTthousand
- 700207
- 2026_H1_non_cash_share_premium_increment_NTthousand
- 8967336
- 2026_H1_existing_option_reserve_reversal_NTthousand
- 166422
- issuer_accounting_2026_H1_2021_conversion_identity_NTthousand
9,501,121 liability + 166,422 pre-existing equity-option -> 700,207 par + 8,967,336 share premium
- asof_debt_carry_2024cb_estimated_oku
- 201.38177001
- audit_statement
book equity clean surplus includes ONLY debt carrying amount extinguished at conversion, never the preexisting option reserve again; stock issuance dilutes old cohort
評価の前提と確認
- price*shares_oku
- 31601.93556102
- price_source_verified_TWSE
- はい
- share_count_confirmed_exact_on_asof
- いいえ
- newer_sept30_secondary_share_proxy_used
- はい
- IFRS_reported_2026_H1_parent_profit_includes_SBC_cost
- はい
- profit_parent_excludes_NCI
- はい
- profits_from_equity_method_are_in_parent_earnings_no_separate_add_to_terminal
- はい
- no_company_cash_or_debt_added_to_parent_FCFE_value
- はい
- old_holder_proportional_tender_all_repurchases
- はい
- old_cohort_cash_received_only_on_actual_dividend_payment_and_buyback_proceeds
- はい
- SBC_noncash_addback_and_stock_neutralization_cost_each_once
- はい
- no_ex_date_before_asof_counted_in_future_payout
- はい
- no_ex_date_after_exit_paid_to_seller
- はい
- all_scenarios_equal_sized_old_2026_cohort
- はい
- full_2026_Q3_financial_results_excluded
- はい
- future_dividend_rights_are_forecast_and_recheck_pre_ex
- はい
- per_share_market_P/E_as_terminal_basis
- いいえ
- 2024_cb_ifrs_compound_instrument_double_count_prevention
- はい
資本コストの前提
- 資本コスト
- 11.00%
- long_horizon_equity_cost
- 0.11
- currency
TWD
- real_or_nominal
nominal
- derivation
TWD equity required return scenario assumption: mature Taiwanese equity base + concentration/customer/FX/Asia-Pacific supply-chain risks
- not_observed_bond_yield
- はい
事業別データ
- 1
内容を開く
- key
smart_consumer
- 名称
Smart Consumer Electronics
- actual_H1_2026_oku
- 14275.99
- actual_Q2_2026_oku
- 7387.65
- 出典番号
- 1
s03
- mix_2026_H1
- 0.3073127
- margin_disclosed
- 未確認
- business
smartphones/TV/game consoles; Apple customer share not disclosed by segment
- 2
内容を開く
- key
cloud_networking
- 名称
Cloud and Networking Products
- actual_H1_2026_oku
- 22909.28
- actual_Q2_2026_oku
- 12759.44
- 出典番号
- 1
s03
- 2
s05
- mix_2026_H1
- 0.4931576
- margin_disclosed
- 未確認
- AI_only_revenue_reported
- 未確認
- business
cloud/AI server and networking; AI-specific rev/margin forecast only
- 3
内容を開く
- key
computing
- 名称
Computing Products
- actual_H1_2026_oku
- 6675.27
- actual_Q2_2026_oku
- 3719.54
- 出典番号
- 1
s03
- mix_2026_H1
- 0.1436955
- margin_disclosed
- 未確認
- business
PCs/tablets
- 4
内容を開く
- key
components_other
- 名称
Components and Others
- actual_H1_2026_oku
- 2593.74
- actual_Q2_2026_oku
- 1392.31
- 出典番号
- 1
s03
- mix_2026_H1
- 0.0558343
- margin_disclosed
- 未確認
- business
connectors, mechanical parts and services
10年のシナリオ
シナリオごとの確率、期間内の株主還元・追加負担、終価です。金額は億TWD。株主の範囲や受取時点は各分析の前提を確認してください。
| シナリオ | 確率 | 株主還元・追加負担 | 終価 |
|---|---|---|---|
| 強気：AIサーバー需要・部材付加価値の拡大 | 10.0% | 30,296.91 | 88,858.38 |
| やや強気：AI増勢と安定した利益率 | 20.0% | 23,507.21 | 58,481.02 |
| 中立：AIの高成長減速と低マージンの継続 | 40.0% | 19,244.47 | 41,209.45 |
| やや弱気：AI投資減速・顧客圧力 | 20.0% | 10,461.22 | 19,622.40 |
| 弱気：地政学・主要顧客・AI設備投資の複合悪化 | 10.0% | 4,266.21 | 8,948.72 |
金額の単位
oku_TWD
事業の詳細
- segments_and_revenue_definition
FY2026H1 note (31) product revenues, not profit segments: smart consumers, cloud/networking, computing, components & other
- AI_server_sales_reported_separately_oku
- 未確認
- AI_server_profit_margin_reported
- 未確認
- large_key_customer_names_and_sales_weights_in_IFRS_product_note
- 未確認
- Apple_exposure
substantial risk because smartphones and large US customers drive smart consumer cycle; precise Apple % not asserted as primary disclosed revenue
- AI_server_profitability
No company audited AI-only op margin; lower-margin assembly/AI racks scenario is a risk inference, not a reported number
- verified_order_backlog_by_product_2026Q2
- 未確認
- orders_status
Company Q2 IR described direction of customer AI/server demand and 2027 capacity, not an audited per-client booked order backlog. No fabricated backlog quantity.
- pricing_and_mix
Global OEM-EMS scale and procurement/engineering help but customer negotiating power and pass-through parts costs constrain margin
- working_capital
receivables + inventory - accounts payable; net seasonal exposure depends on customer advances, seasonality, FX
- investment_and_capex
US and other manufacturing localization, AI hardware capacity and R&D require cash capex and NWC upfront
- separate_entity_financials_verified
- 未確認
- separate_entity_financials_missing_reason
Only consolidated H1 issuer-reviewed statements were sufficiently retrieved for the pre-cutoff period; no unsupported parent-only revenue/net-asset figure fabricated
競争力の詳細
- accounting
2026 H1 consolidated, reviewed/qualified, SBC charged in IFRS operating expenses
- earnings
profit driven by thin group op margin over immense revenue, can mask volatility
- cashflow
2026H1 cash operations negative, seasonal WC and capex heavy; annual assumption not annualised mechanically
- capital_allocation
FY2026 already ex-cash dividend; future board decisions uncertain
- score_method
qualitative judgment without fabricated quantitative credit ratings
業界の詳細
- 市場
global EMS, networking and server manufacturing
- peers
Quanta, Wistron, Compal, Pegatron (comparative names only, not used in terminal multiple)
- risk
AI-capex cycle and low-margin assembly balance
- market_multiples_used_to_set_terminal
- いいえ
財務・資本配分の詳細
- IFRS_observed_H1_report_date
2026-06-30
- 親会社持分（億）
- 19079.36607
- NCI_equity_oku
- 2116.50977
- gross_interest_bearing_borrowings_ex_lease_oku
- 13045.30201
- cash_and_equivalents_oku
- 9630.02077
- current_amortized_cost_fin_assets_oku
- 5591.15211
- leases_oku
- 418.38471
- group_equity_method_investments_oku
- 2032.78997
- parent_equity_only_for_old_holder_terminal
- はい
- gross_debt_not_subtracted_a_second_time_in_parent_equity_FCFE_DCF
- はい
- time_deposits_not_assumed_all_unrestricted_cash
- はい
- debt_maturities_2026_H1_filing
内容を開く
- 2016_USD400m_2026_09_23
prior to valuation; assumed refinanced in base bridge
- 2019_USD300m_2029_03_12
rollover assumption
- 2021_USD110m_2028_08_25
rollover assumption
- 2020_USD600m_2030_10_28
rollover assumption
- 2024_USD700m_convertible_2029_10_24
partial conversion in stronger cases and rollover of remaining carrying value
- 2025_EUR650m_2031_11_04
rollover assumption
- 2025_subsidiary_convertible_due_2028_02_27
NCI subsidiary issue not parent ordinary shares
- sbc_past_observed_H1_expense_oku
- 14.13967
- parent_new_shares_from_subsidiary_level_SBC_not_assumed
- はい
- known_2026_total_dividend_and_cash_timing
2026 June 30 equity already lower by declared NT$100.932bn; July31 pays previously booked dividend payable and reduces cash only, not equity again
- 2024_parent_convertible_compound_instrument_bridge
内容を開く
- 出典番号
- 1
s03
- 2
s16
- 状態
2026H1 total and 2024/2021/2025 issue-level convertible amounts DIRECTLY VERIFIED in issuer H1 Table 9 page 5; future amortization/2029 conversion/refinancing FORECAST
- issue_date
2024-10-24
- maturity_date
2029-10-24
- contractual_end_of_conversion_period
2029-09-24
- bondholder_three_year_put_recheck
2027-10-24
- original_USD_principal
- 700000000
- fixed_TWD_USD_contract_conversion_rate
- 32.186
- TWD_face_value_oku
- 225.302
- adjusted_conversion_price_2026_07_TWD
- 281.09
- max_shares_at_2026_fixed_conversion_price
- 80152975.915
- 2026_H1_total_convertible_face_oku
- 237.11451
- 2026_H1_total_convertible_discount_oku
- 26.94551
- 2026_H1_total_convertible_net_carry_oku
- 210.169
- 2026_H1_non2024_remaining_face_oku
- 3.15151
- 2026_H1_2024bond_issue_carry_estimated_oku
- 198.70737
- 2026_H1_2024bond_issue_carry_VERIFIED_oku
- 198.70737
- 2026_H1_2024bond_issue_specific_discount_VERIFIED_oku
- 26.59463
- 2026_H1_2025bond_issue_face_VERIFIED_oku
- 8.661
- 2026_H1_2025bond_issue_discount_VERIFIED_oku
- 0.35088
- 2026_H1_2025bond_issue_carry_VERIFIED_oku
- 8.31012
- 2026_H1_2021bond_remaining_face_and_carry_VERIFIED_oku
- 3.15151
- 2026_Aug05_2021bond_prebasis_settlement_ASSUMPTION
June30 residual 3.15151oku TWD proxy repaid in cash on contractual 2026-08-05 maturity; unverified actual redemption/conversion
- 2026_H1_2024bond_issue_carry_directly_disclosed
- はい
- discount_allocation_assumption
NONE. Issue-specific 2024 unamortised discount NT$2,659,463 thousand verified in H1 Table9; 2025 subsidiary bond NT$35,088 thousand discount; 2021 remaining note NT$315,151 thousand book=face. Future effective interest rate and no FX reset assumed.
- other_convertible_carry_estimate_oku
- 11.46163
- 2026H1_direct_issue_liability_source_location
issuer 2026H1 report Appendix Table 9 Page 5 (229th PDF page, zero indexed 228)
- 2024_issue_original_equity_option_reserve_booked_in_parent_equity_oku
- 38.40462
- 2026H1_all_share_option_capital_reserve_oku
- 38.45982
- option_2021_remainder_in_reserve_oku
- 0.0552
- existing_equity_option_increment_on_any_future_conversion_oku
- 0
- estimated_accrual_rate_to_2029_FX_constant_effective_interest
- 0.038579118709
- effective_interest_treated_as_NONCASH_financing_expense_not_SBC
- はい
- 2029_maturity_conversion_cases_assumptions
内容を開く
- bull
- 60000000
- upside
- 40000000
- base
- 20000000
- downside
- 0
- bear
- 0
- 2029_conversion_date_assumed
2029-09-24
- 2029_end_of_conversion_window_source
SGX 2024 Offering Circular, period closes 30 calendar days prior to maturity; actual trading day and Closed Period to be reconfirmed
- 2029_conversion_debt_carry_at_conversion_date_IF_100pct_oku
- 224.60259667
- 2029_discount_after_last_conversion_date_to_maturity_IF_UNCONVERTED_oku
- 0.69940333
- 2029_no_new_cash_on_conversion
- はい
- 2029_unconverted_principal_assumed_refinanced_at_face_same_day
- はい
- real_2029_put_exercise_conversion_price_FX_and_refinancing_unverified
- はい
- past_non_cash_conversion_2026_H1_2021_bond_USD346_7m_not_2024_bond
- はい
- 2026_H1_non_cash_bond_conversion_liability_derecognition_NTthousand
- 9501121
- 2026_H1_non_cash_issued_share_par_NTthousand
- 700207
- 2026_H1_non_cash_share_premium_increment_NTthousand
- 8967336
- 2026_H1_existing_option_reserve_reversal_NTthousand
- 166422
- issuer_accounting_2026_H1_2021_conversion_identity_NTthousand
9,501,121 liability + 166,422 pre-existing equity-option -> 700,207 par + 8,967,336 share premium
- asof_debt_carry_2024cb_estimated_oku
- 201.38177001
- audit_statement
book equity clean surplus includes ONLY debt carrying amount extinguished at conversion, never the preexisting option reserve again; stock issuance dilutes old cohort
評価根拠の詳細
- price*shares_oku
- 31601.93556102
- price_source_verified_TWSE
- はい
- share_count_confirmed_exact_on_asof
- いいえ
- newer_sept30_secondary_share_proxy_used
- はい
- IFRS_reported_2026_H1_parent_profit_includes_SBC_cost
- はい
- profit_parent_excludes_NCI
- はい
- profits_from_equity_method_are_in_parent_earnings_no_separate_add_to_terminal
- はい
- no_company_cash_or_debt_added_to_parent_FCFE_value
- はい
- old_holder_proportional_tender_all_repurchases
- はい
- old_cohort_cash_received_only_on_actual_dividend_payment_and_buyback_proceeds
- はい
- SBC_noncash_addback_and_stock_neutralization_cost_each_once
- はい
- no_ex_date_before_asof_counted_in_future_payout
- はい
- no_ex_date_after_exit_paid_to_seller
- はい
- all_scenarios_equal_sized_old_2026_cohort
- はい
- full_2026_Q3_financial_results_excluded
- はい
- future_dividend_rights_are_forecast_and_recheck_pre_ex
- はい
- per_share_market_P/E_as_terminal_basis
- いいえ
- 2024_cb_ifrs_compound_instrument_double_count_prevention
- はい
分析基準とデータ
- 価格・単価
- 224.5
- 株価基準日
2026-11-06
- price_currency
TWD
- price_exchange
TWSE
- 株価の出所
TWSE daily MI_INDEX official 2317 row
- price_source_ids
- 1
s01
- price_status
verified_primary
- 株数
- 14076585996
- shares_status
2026_09_01_issued_less_2026_06_30_parent_treasury_PROXY_UNVERIFIED_2026_11_06
- issued_shares_proxy
- 14078069074
- issued_shares_proxy_asof
2026-09-30
- issued_shares_2026_06_30_registered_proxy
- 14027166000
- issued_including_unregistered_entitlements_2026_06_30_proxy
- 14071941000
- treasury_parent_shares_proxy
- 1483078
- treasury_parent_shares_asof
2026-06-30
- 株数の出所
Issuer FY2026H1 note 26 plus latest pre-cutoff 2026/09 historical capital-formation table (secondary); exact Nov6 TWSE/MOPS capital certificate unavailable
- shares_source_ids
- 1
s03
- 2
s13
- 3
s15
- shares_source_caution
2026/09 historical capital table includes 2,322,577 additional shares relative to Sep1 registration; neither the issuer original registered count on November6 nor whether the September step is matched by incremental 2026H2 debt-to-equity credit was directly validated; accounting bridge excludes unknown additional capital; share denominator is explicitly a proxy.
- old_holder_cohort_shares
- 14076585996
- old_holder_scope
all initially economically outstanding 2317 common shares, not just excluding existing employee ownership or GDR-held stock
- initial_old_holder_purchase_cost_oku
- 31601.93556102
- 時価総額（億）
- 31601.93556102
- 2026_06_30_treasury_at_cost_book_oku
- 0.15194
- 2024_CB_conversion_option_equity_preexisting_as_of_2026H1_oku
- 38.40462
- 2024_CB_initial_bond_total_net_book_from_combined_note_oku
- 210.169
- 2024_CB_specific_liability_book_proxy_2026H1_oku
- 198.70737
- 2024_CB_specific_liability_book_DIRECTLY_VERIFIED_Table9_oku
- 198.70737
- 2026_06_30_registered_vs_economic_different_due_conversion_certificates
- はい
- alternative_if_only_Sep1_registration_used_old_economic_shares
- 14074263419
- alternative_market_cap_oku
- 31596.72137566
- 2026_02_26_company_IR_shares_thousand
- 14074263
- company_IR_page_data_stale_for_basis_date
- はい
- known_2026_dividend_per_share_TWD
- 7.17179227
- known_2026_dividend_ex_date
2026-07-02
- known_2026_dividend_paid_date
2026-07-31
- known_2026_dividend_eligible_for_buyer_on_2026_11_06
- いいえ
- known_2026_total_dividend_oku
- 1009.31672888
- share_count_reconfirmation_required_before_import
- はい
- specific_taiwan_withholding_effective_for_EWT
- 未確認
- tax_model
gross_issuer_TWD_returns_before_any_Taiwan_withholding_or_US_Japan_investor_tax; NOT ETF NAV dividend flows
追加データ・検証記録
分析ごとに収録された追加の前提、年度別データ、検証上の注意を確認できます。
分析に使用した資料
- TWSE daily trading record / 2317: close 224.50, traded volume 89,094,382
- Hon Hai issuer FY2026Q2 board approved financial results
- Hon Hai consolidated financial statements and independent auditors review, 2026 H1, 229-page issuer statement
- Hon Hai Technology Group announces 2Q26 results
- Hon Hai 2Q26 results English transcript
- Hon Hai unaudited sales Oct2026 and January-October
- Hon Hai 2026 ex dividend 2026-07-02 and payment 2026-07-31
- Hon Hai dividend adjusted to 7.17179227 due convertible bond conversion
- Hon Hai IR fundamentals historical shares and annual revenue and profit
- Scheduled Q3 investor call on 2026-11-12
- Hon Hai FY2025 audited summary
- 2026 September registered capital 14,075,746,497 shares reported by local bank news from issuer notice
- MOPS public issuer filings navigation (raw individual/company-only 2026H1 not independently established)
- Historical 2026/09 capital formation showing 14,078,069,074 shares; secondary reconstruction, not confirmed direct MOPS original
- Issuer original prospectus, USD700m currency linked zero-coupon bonds due Oct24 2029