Hsin Yung Chien Co., Ltd.
Hsin Yung Chien Co., Ltd. (TAI: 2114) is trading at NT$90.10, about ₹273 at today's TWD/INR rate, as of 8 Oct 2026, 1:30 AM ET, up 0.11% today. Hsin Yung Chien is not currently available to trade on Paasa; this page shows its price, statistics and the Indian tax treatment for information.
Quote
Today's low
NT$89.70
Today's high
NT$90.10
52 week low
NT$86.40
52 week high
NT$95.30
2114 opened at NT$89.70, closed previously at NT$90.00, and has traded between NT$86.40 and NT$95.30 over the past 52 weeks.
About
Hsin Yung Chien Co., Ltd., which began its operations in 1964 and adopted its current name in 2003 (formerly Hsin Yung Chien Industrial Co., Ltd.), is headquartered in Nantou City, Taiwan. This global manufacturer and supplier specializes in a diverse portfolio of rubber products, including a comprehensive array of rubber conveyor belts, rubber sheets, hot-pressing cushion pads, and advanced composite materials. The company's KING brand encompasses a wide selection of rubber conveyor belts. This extensive range features standard types like straight warp, light duty, Chevron, Kevlar, and steel cord, in addition to specialized variants designed to withstand heat, oil, flames, abrasion, cold, and chemicals. Their offerings further extend to pipe, rip stop, sidewall, EP/NN, seal, and bucket elevator belts. These durable belting solutions are crucial for numerous sectors, including mining, steel production, aviation, agriculture, logistics, and automated port facilities. Beyond its core conveyor belt business, Hsin Yung Chien also produces hot-pressing cushion pads for electronic and solar panel manufacturing, marketed under the Silieet brand. Additionally, the company provides NEWsheet-branded composite materials, which are integral components for car parts, bicycle parts, and various consumer products.
Key statistics
Avg. volume
77.10K
Market cap
NT$7.03B
P/E Ratio
14.39
Price-to-sales ratio
4.24
Enterprise value
NT$6.82B
Free cash flow yield
8.23%
Debt-to-equity ratio
0.08
Return on equity
14.22%
ROIC
11.45%
Beta
0.20
Dividend yield
5.55%
Last dividend
NT$5.00
Financial overview
Revenue
NT$1.60B
Earnings per share
NT$5.78
Free cash flow
NT$580.75M
Net profit margin
29.53%
Gross margin
39.19%
EBITDA
NT$607.74M
Revenue growth
8.87%
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This is not an investment recommendation
Hsin Yung Chien for Indian investors
Hsin Yung Chien is listed on the Taiwan Stock Exchange. It is not currently available to trade on Paasa; the figures on this page are for information, and the tax notes below apply to Indian residents who hold it.
Taxes on Hsin Yung Chien for Indian residents
Trading and limits
- Trading hours
- 9:00 am – 1:30 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Hsin Yung Chien’s current yield is 5.55%.Dividend tax explained
FAQs
Can I buy Hsin Yung Chien on Paasa?
Hsin Yung Chien (2114) has been listed on the Taiwan Stock Exchange since 2007, in the Manufacturing - Miscellaneous industry. Hsin Yung Chien is not currently available to trade on Paasa; the figures on this page are for information. Indian residents who hold it through another broker still declare it under the rules below.
How much does one Hsin Yung Chien share cost in rupees?
One Hsin Yung Chien share is NT$90.10 — about ₹273 at a TWD/INR rate of 3.03 on 8 Oct 2026. Both the Hsin Yung Chien price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for investing abroad from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability.
How are gains on Hsin Yung Chien shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the TWD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hsin Yung Chien price.
Does Hsin Yung Chien pay a dividend, and how is it taxed in India?
Yes. Hsin Yung Chien pays a dividend and the current yield is 5.55%; the last declared dividend was NT$5.00 per share, about ₹15.16. Dividends are taxed at your slab rate in India.
When does TAI trade, in Indian time?
The Taiwan Stock Exchange trades 6:30 am – 11:00 am IST in Indian time.
Do I have to declare Hsin Yung Chien shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. The holding is reported with its cost and its closing value.
Does the rupee rate affect what I make on Hsin Yung Chien?
Yes. Hsin Yung Chien is priced in TWD, so your rupee outcome combines the TWD move with the TWD/INR move between the day you remit and the day you convert back.