Giant Manufacturing Co., Ltd.

TWSE:9921 Stock Report

Market Cap: NT$27.6b

Giant Manufacturing Management

Management criteria checks 2/4

Giant Manufacturing's CEO is Phoebe Liu, appointed in Jan 2025, has a tenure of 1.33 years. total yearly compensation is NT$13.69M, comprised of 36.1% salary and 63.9% bonuses, including company stock and options. directly owns 1.61% of the company’s shares, worth NT$442.44M. The average tenure of the management team and the board of directors is 5.5 years and 4.8 years respectively.

Key information

Phoebe Liu

Chief executive officer

NT$13.7m

Total compensation

CEO salary percentage36.05%
CEO tenure1.3yrs
CEO ownership1.6%
Management average tenure5.5yrs
Board average tenure4.8yrs

Recent management updates

Recent updates

Analysis Article • Mar 27

Giant Manufacturing (TWSE:9921) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article • Feb 04

What Does Giant Manufacturing Co., Ltd.'s (TWSE:9921) Share Price Indicate?

Giant Manufacturing Co., Ltd. ( TWSE:9921 ), is not the largest company out there, but it saw significant share price...
Analysis Article • Jan 01

Why Investors Shouldn't Be Surprised By Giant Manufacturing Co., Ltd.'s (TWSE:9921) P/E

With a median price-to-earnings (or "P/E") ratio of close to 21x in Taiwan, you could be forgiven for feeling...
Analysis Article • Nov 19

Giant Manufacturing's (TWSE:9921) Soft Earnings Are Actually Better Than They Appear

The most recent earnings report from Giant Manufacturing Co., Ltd. ( TWSE:9921 ) was disappointing for shareholders...
Analysis Article • Oct 21

Giant Manufacturing (TWSE:9921) Could Be Struggling To Allocate Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article • Oct 06

Is Now The Time To Look At Buying Giant Manufacturing Co., Ltd. (TWSE:9921)?

While Giant Manufacturing Co., Ltd. ( TWSE:9921 ) might not have the largest market cap around , it received a lot of...
Analysis Article • Aug 12

Giant Manufacturing (TWSE:9921) Will Pay A Smaller Dividend Than Last Year

Giant Manufacturing Co., Ltd.'s ( TWSE:9921 ) dividend is being reduced from last year's payment covering the same...
Analysis Article • Jul 29

Giant Manufacturing's (TWSE:9921) Dividend Is Being Reduced To NT$5.00

Giant Manufacturing Co., Ltd. ( TWSE:9921 ) has announced that on 19th of September, it will be paying a dividend...
Analysis Article • Jul 12

Giant Manufacturing (TWSE:9921) Is Reinvesting At Lower Rates Of Return

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Analysis Article • Jun 26

When Should You Buy Giant Manufacturing Co., Ltd. (TWSE:9921)?

Giant Manufacturing Co., Ltd. ( TWSE:9921 ), might not be a large cap stock, but it saw significant share price...
Analysis Article • Jun 07

Is Giant Manufacturing (TWSE:9921) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article • May 02

Giant Manufacturing Co., Ltd.'s (TWSE:9921) P/E Still Appears To Be Reasonable

There wouldn't be many who think Giant Manufacturing Co., Ltd.'s ( TWSE:9921 ) price-to-earnings (or "P/E") ratio of...
Analysis Article • Apr 02

Giant Manufacturing's (TWSE:9921) Soft Earnings Don't Show The Whole Picture

The market for Giant Manufacturing Co., Ltd.'s ( TWSE:9921 ) shares didn't move much after it posted weak earnings...
Analysis Article • Mar 28

Is There Now An Opportunity In Giant Manufacturing Co., Ltd. (TWSE:9921)?

Giant Manufacturing Co., Ltd. ( TWSE:9921 ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article • Feb 29

There Are Reasons To Feel Uneasy About Giant Manufacturing's (TWSE:9921) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

CEO Compensation Analysis

How has Phoebe Liu's remuneration changed compared to Giant Manufacturing's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

NT$156m

Dec 31 2025n/an/a

NT$723m

Sep 30 2025n/an/a

NT$378k

Jun 30 2025n/an/a

NT$149m

Mar 31 2025n/an/a

NT$1b

Dec 31 2024NT$14mNT$5m

NT$1b

Compensation vs Market: Phoebe's total compensation ($USD434.70K) is above average for companies of similar size in the TW market ($USD239.55K).

Compensation vs Earnings: Insufficient data to compare Phoebe's compensation with company performance.

CEO

Phoebe Liu

1.3yrs
Tenure
NT$13,691,000
Compensation

Ms. Su- Jyuan Liu also known as Phoebe serves as the Global Head of CMO at Giant Manufacturing Co., Ltd. since July 2018 and has been its Director since June 21, 2024 and also serves as CEO since January 0...

Leadership Team

NamePositionTenureCompensationOwnership
Su-Jyuan Liu
CEO, Global Head of CMO & Director1.3yrsNT$13.69m1.61%
NT$ 442.4m
Chiao-Li Pan
Accounting Supervisor & Group CFOless than a yearno datano data
Ken Li
Global Marketing Directorno datano datano data
Feng-Neng Kao
Chief Sales Officerno datano datano data
Huo-Ming Wang
President of Taiwan Factory9.6yrsno datano data
Sheng-Chang Chang
Chief Strategy Officer & Global Head of Research and Development9.6yrsno data0.12%
NT$ 33.7m
Hung-Yang Shih
Chief Manufacturing Officerno datano datano data
5.5yrs
Average Tenure

Experienced Management: 9921's management team is seasoned and experienced (5.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Su-Jyuan Liu
CEO, Global Head of CMO & Director1.9yrsNT$13.69m1.61%
NT$ 442.4m
Kai-Lien Tsou
Independent Director1.9yrsNT$1.53mno data
Tu Hsiu Chen Tho
Director53.8yrsNT$55.85mno data
Yuon-Chan Liu
Chairman of the Board28.8yrsNT$44.52mno data
Ta-Peng Chiu
Director28.8yrsNT$6.94mno data
Ta-Wei Chiu
Director7.9yrsNT$6.94m0.30%
NT$ 81.4m
Chi-Wen Chang
Independent Director1.9yrsNT$1.53mno data
Chun-Sheng Ho
Independent Director4.8yrsNT$3.05mno data
Tzu Sing Tho
Director4.8yrsNT$6.94m1.07%
NT$ 295.3m
Meng-Hsueh Yang
Specialist of Global TM1.9yrsNT$6.26m0.54%
NT$ 148.5m
4.8yrs
Average Tenure

Experienced Board: 9921's board of directors are considered experienced (4.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 20:33
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Giant Manufacturing Co., Ltd. is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Qihui LiBarclays
Ronald LeungBofA Global Research
Hongyan LinCGS International