Tong Ming Enterprise Co., Ltd.
Tong Ming Enterprise Co., Ltd. (TAI: 5538) is trading at NT$36.25, about ₹109 at today's TWD/INR rate, as of 1 Oct 2026, 12:29 AM ET. Tong Ming Enterprise 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$35.95
Today's high
NT$36.45
52 week low
NT$28.00
52 week high
NT$38.75
5538 opened at NT$36.40, closed previously at NT$36.25, and has traded between NT$28.00 and NT$38.75 over the past 52 weeks.
About
Tong Ming Enterprise Co., Ltd., along with its affiliated entities, specializes in the production and distribution of stainless steel fasteners and wires, marketed under the TONG brand, primarily serving the Mainland Chinese market. Its product portfolio includes various fasteners, such as screws, nuts, and threaded rods, which find extensive application across sectors like mechanical engineering, energy, communication, and construction. Additionally, the company supplies stainless steel wires, engineered as bespoke raw materials for the production of items such as small screws, kitchenware, wire belts, redrawing wires, and springs. Beyond its manufacturing operations, the company also participates in investment activities. Established in 2009, Tong Ming Enterprise Co., Ltd. maintains its headquarters in Grand Cayman, Cayman Islands.
Key statistics
Avg. volume
82.14K
Market cap
NT$7.29B
P/E Ratio
8.33
Price-to-sales ratio
0.55
Enterprise value
NT$9.08B
Free cash flow yield
9.42%
Debt-to-equity ratio
0.57
Return on equity
8.17%
ROIC
4.28%
Beta
0.41
Dividend yield
4.14%
Last dividend
NT$1.50
Financial overview
Revenue
NT$12.73B
Earnings per share
NT$3.02
Free cash flow
NT$583.81M
Net profit margin
6.57%
Gross margin
14.65%
EBITDA
NT$1.04B
Revenue growth
1.51%
Similar securities
This is not an investment recommendation
Tong Ming Enterprise for Indian investors
Tong Ming Enterprise 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 Tong Ming Enterprise 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. Tong Ming Enterprise’s current yield is 4.14%.Dividend tax explained
FAQs
Can I buy Tong Ming Enterprise on Paasa?
Tong Ming Enterprise (5538) has been listed on the Taiwan Stock Exchange since 2013, in the Manufacturing - Metal Fabrication industry. Tong Ming Enterprise 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 Tong Ming Enterprise share cost in rupees?
One Tong Ming Enterprise share is NT$36.25 — about ₹109 at a TWD/INR rate of 3.01 on 30 Sep 2026. Both the Tong Ming Enterprise 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 Tong Ming Enterprise 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 Tong Ming Enterprise price.
Does Tong Ming Enterprise pay a dividend, and how is it taxed in India?
Yes. Tong Ming Enterprise pays a dividend and the current yield is 4.14%; the last declared dividend was NT$1.50 per share, about ₹4.51. 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.
Is Tong Ming Enterprise a Taiwan company, and does that change how it is taxed?
Tong Ming Enterprise trades on the Taiwan Stock Exchange in TWD, but the company is domiciled in Cayman Islands. Tong Ming Enterprise trades as an ordinary share listed directly in Taiwan, not a depositary receipt. Your India-side capital-gains treatment is the same either way.
Do I have to declare Tong Ming Enterprise 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 Tong Ming Enterprise?
Yes. Tong Ming Enterprise 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.