Revenue distribution by industries:

• Automotive trade: 70%
• Financial services: 15%
• Auto parts and accessories: 10%
• Other services: 5%

TOP 3 markets:

1. Taiwan: 60%
2. China: 25%
3. Southeast Asia: 10%

Hotai Motor Co., Ltd. generates the majority of its revenue from automotive trade, reflecting the company's core competency. The Taiwanese market is the largest, attributed to strong local presence and brand awareness. China and Southeast Asia are also significant markets served through strategic expansions and partnerships.

Production Sites: Taiwan, China

Hotai Motor Co., Ltd. is a significant player in the automotive sector in Taiwan. The company mainly produces in Taiwan, where its headquarters are located. In addition, Hotai Motor also has production facilities in China to better serve the local market there and to benefit from the cost advantages of production in China.

This geographical distribution of production sites enables Hotai Motor to efficiently serve both local and international markets. The strategic placement of production sites supports the company in optimizing costs and streamlining supply chains.

Revenue Growth: 8.5% (2024)
Profit Growth: 6.2% (2024)

Hotai Motor Co., Ltd. is pursuing a multi-pronged growth strategy focusing on innovation, expansion, and sustainability. A key element of the strategy is an increased emphasis on electric vehicles (EVs) to meet growing market demands and the global shift towards more environmentally friendly mobility solutions.

The company is making significant investments in research and development to achieve technological advancements and offer competitive EV models. At the same time, Hotai Motor is expanding into new markets in Asia and other regions to strengthen its international presence.

Additionally, the company is leveraging strategic partnerships and joint ventures to expand its production capacities and benefit from synergies. Sustainability remains a core focus of the strategy, with initiatives to reduce the CO2 footprint throughout the supply chain.

Main Imported Raw Materials/Components: Steel, Aluminum, Plastic Components

Countries of Origin:

• Steel: Japan, South Korea
• Aluminum: Australia, Canada
• Plastic Components: China, Thailand

Hotai Motor Co., Ltd. imports a variety of raw materials and components essential for automotive production. Steel and aluminum are the key metals required for the body and other vehicle parts. Japan and South Korea are leading suppliers of high-quality steel, while aluminum is mainly sourced from Australia and Canada.

In addition, plastic components used for interior and other vehicle parts are mainly imported from China and Thailand. These countries offer cost-effective and high-quality plastic products that meet the requirements of the automotive industry.

Market share in Taiwan: approx. 30% (2024)
Revenue growth: 8.5% (2024)
Profit margin: 7.2% (2024)

Hotai Motor Co., Ltd. has a significant competitive advantage in the Taiwanese automotive market, reflected in a market share of around 30%. The company benefits from its long-standing partnership with Toyota, enabling it to offer high-quality vehicles and maintain a strong brand perception.

The revenue growth of 8.5% in 2024 demonstrates that Hotai Motor is able to maintain its market position despite a competitive environment. The profit margin of 7.2% is also an indicator of operational efficiency and the ability to control costs.

Additionally, the company is investing in new technologies and sustainable mobility solutions, which should further enhance its competitiveness in a changing market environment.

Institutional Investor Share: Estimated at 45% (2025)

Insider Purchases/Sales: No significant transactions reported in the last year

The institutional investor share in Hotai Motor Co., Ltd. is estimated to be around 45%. This demonstrates a strong confidence from institutional investors in the company, which often indicates a stable financial performance and positive future prospects.

No significant insider purchases or sales were reported in 2025. This could suggest that the management and other insiders are content with the current valuation of the company and do not anticipate drastic changes in the company's strategy or performance.

Market share of Hotai Motor Co., Ltd.: 18% (2025, estimated)

Main competitors and their market share:

1. Yulon Motor Co., Ltd.: 22%
2. China Motor Corporation: 20%
3. Hotai Motor Co., Ltd.: 18%
4. Honda Taiwan Co., Ltd.: 15%
5. Ford Lio Ho Motor Co., Ltd.: 10%

Hotai Motor Co., Ltd. holds a significant market share of approximately 18% and is thus one of the leading players in the Taiwanese automotive market. The largest competitor, Yulon Motor Co., Ltd., holds a market share of 22%, followed by China Motor Corporation with 20%.

Hotai Motor Co., Ltd.'s moat primarily lies in its strong brand presence and comprehensive distribution network, ensuring high customer satisfaction and brand loyalty. Additionally, the company benefits from strategic partnerships with international car manufacturers, providing access to advanced technology and new models.

Compared to its competitors, Hotai Motor has a moderate moat. Yulon Motor Co., Ltd. and China Motor Corporation also have strong market positions, particularly due to their production capacities and innovation capabilities. These companies heavily invest in research and development to enhance their competitiveness.

Overall, Hotai Motor Co., Ltd. has a solid but not insurmountable moat. The competition is fierce, and companies in this industry must continuously invest in innovations and customer experiences to maintain or expand their market position.

Revenue Growth: 8.5% (2024) Net Profit Margin: 6.2% (2024) Market Share in Taiwan: 30% (2024)

Hotai Motor Co., Ltd. recorded a revenue growth of 8.5% in 2024, attributed to strong demand for their vehicles and services. The net profit margin of 6.2% indicates that the company is able to effectively manage its costs and operate profitably.

With a market share of 30% in Taiwan, Hotai Motor is a dominant player in the domestic market. This provides the company with a stable source of income and a strong position against competitors.

Future growth opportunities could arise from expanding into new markets and introducing electric vehicles, which could be advantageous given the global trends towards sustainable mobility.

Overall, Hotai Motor's financial stability and market position suggest that the stock could be a promising investment, especially for investors interested in long-term growth.

Dividend Yield: 4.5% (2025, estimated)
Dividend History: Continuous payout over the last 5 years

Hotai Motor Co., Ltd. has pursued a reliable dividend policy in recent years. The company has consistently maintained its dividend payments and even increased them in some years, indicating a solid financial foundation and a stable business environment.

The estimated dividend yield of 4.5% in 2025 suggests that Hotai Motor offers an attractive return for investors interested in regular payouts. The reliability of dividend payment is supported by the company's stable financial performance and sustainable business model.