Upcoming Dividend • Jul 07
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 14 July 2026. Payment date: 05 August 2026. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.4%). Reported Earnings • May 20
First quarter 2026 earnings released: EPS: NT$0.29 (vs NT$0.86 in 1Q 2025) First quarter 2026 results: EPS: NT$0.29 (down from NT$0.86 in 1Q 2025). Revenue: NT$1.30b (down 8.4% from 1Q 2025). Net income: NT$45.8m (down 67% from 1Q 2025). Profit margin: 3.5% (down from 9.6% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Ankündigung • Mar 13
China Wire & Cable Co., Ltd., Annual General Meeting, Jun 24, 2026 China Wire & Cable Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,362, sec.2 chung shan e. rd., t`ou chou li, sinwu district, taoyuan city Taiwan Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$3.26 (vs NT$2.85 in FY 2024) Full year 2025 results: EPS: NT$3.26 (up from NT$2.85 in FY 2024). Revenue: NT$5.52b (up 22% from FY 2024). Net income: NT$518.2m (up 15% from FY 2024). Profit margin: 9.4% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$1.20 (vs NT$1.02 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.20 (up from NT$1.02 in 3Q 2024). Revenue: NT$1.24b (up 6.5% from 3Q 2024). Net income: NT$190.7m (up 17% from 3Q 2024). Profit margin: 15% (up from 14% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$0.96 (vs NT$0.51 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.96 (up from NT$0.51 in 2Q 2024). Revenue: NT$1.43b (up 25% from 2Q 2024). Net income: NT$153.1m (up 88% from 2Q 2024). Profit margin: 11% (up from 7.2% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 15% per year. Declared Dividend • Aug 14
Dividend increased to NT$1.50 Dividend of NT$1.50 is 15% higher than last year. Ex-date: 28th August 2025 Payment date: 22nd September 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 8.6% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 17
First quarter 2025 earnings released: EPS: NT$0.86 (vs NT$0.67 in 1Q 2024) First quarter 2025 results: EPS: NT$0.86 (up from NT$0.67 in 1Q 2024). Revenue: NT$1.43b (up 39% from 1Q 2024). Net income: NT$137.4m (up 30% from 1Q 2024). Profit margin: 9.6% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Ankündigung • May 06
China Wire & Cable Co., Ltd. to Report Q1, 2025 Results on May 13, 2025 China Wire & Cable Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$28.55, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 8.7% over the past three years. Reported Earnings • Mar 20
Full year 2024 earnings released: EPS: NT$2.85 (vs NT$2.99 in FY 2023) Full year 2024 results: EPS: NT$2.85 (down from NT$2.99 in FY 2023). Revenue: NT$4.54b (up 13% from FY 2023). Net income: NT$451.9m (down 4.7% from FY 2023). Profit margin: 10.0% (down from 12% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.02 (vs NT$1.08 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.02 (down from NT$1.08 in 3Q 2023). Revenue: NT$1.17b (down 2.2% from 3Q 2023). Net income: NT$162.6m (down 5.2% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Ankündigung • Nov 05
China Wire & Cable Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024 China Wire & Cable Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.51 (vs NT$0.70 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.51 (down from NT$0.70 in 2Q 2023). Revenue: NT$1.14b (up 18% from 2Q 2023). Net income: NT$81.5m (down 27% from 2Q 2023). Profit margin: 7.1% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$42.90, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 66% over the past three years. Declared Dividend • Aug 14
Dividend increased to NT$1.30 Dividend of NT$1.30 is 160% higher than last year. Ex-date: 28th August 2024 Payment date: 20th September 2024 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (40% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 7.8% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 33% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Ankündigung • Aug 09
China Wire & Cable Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024 China Wire & Cable Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.67 (vs NT$0.41 in 1Q 2023) First quarter 2024 results: EPS: NT$0.67 (up from NT$0.41 in 1Q 2023). Revenue: NT$1.03b (up 18% from 1Q 2023). Net income: NT$105.9m (up 61% from 1Q 2023). Profit margin: 10% (up from 7.5% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 14% per year. Ankündigung • May 08
China Wire & Cable Co., Ltd. to Report Q1, 2024 Results on May 14, 2024 China Wire & Cable Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024 Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$51.20, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 87% over the past three years. New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to NT$47.25, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total returns to shareholders of 86% over the past three years. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: NT$2.99 (vs NT$2.07 in FY 2022) Full year 2023 results: EPS: NT$2.99 (up from NT$2.07 in FY 2022). Revenue: NT$4.01b (up 16% from FY 2022). Net income: NT$474.2m (up 45% from FY 2022). Profit margin: 12% (up from 9.5% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 12% per year. Ankündigung • Mar 15
China Wire & Cable Co., Ltd., Annual General Meeting, Jun 21, 2024 China Wire & Cable Co., Ltd., Annual General Meeting, Jun 21, 2024. New Risk • Oct 12
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$40.00, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 46% over the past three years. Upcoming Dividend • Aug 21
Upcoming dividend of NT$0.50 per share at 1.4% yield Eligible shareholders must have bought the stock before 28 August 2023. Payment date: 20 September 2023. Payout ratio is a comfortable 24% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.3%). Valuation Update With 7 Day Price Move • Jul 03
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$38.10, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 38% over the past three years. Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: NT$2.07 (vs NT$1.78 in FY 2021) Full year 2022 results: EPS: NT$2.07 (up from NT$1.78 in FY 2021). Revenue: NT$3.47b (up 36% from FY 2021). Net income: NT$328.3m (up 16% from FY 2021). Profit margin: 9.5% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.07 (vs NT$0.64 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.07 (up from NT$0.64 in 3Q 2021). Revenue: NT$964.6m (up 43% from 3Q 2021). Net income: NT$169.2m (up 67% from 3Q 2021). Profit margin: 18% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.07 (vs NT$0.64 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.07 (up from NT$0.64 in 3Q 2021). Revenue: NT$964.6m (up 43% from 3Q 2021). Net income: NT$169.2m (up 67% from 3Q 2021). Profit margin: 18% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 22
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 29 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.36 (vs NT$0.31 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.36 (up from NT$0.31 in 2Q 2021). Revenue: NT$785.2m (up 71% from 2Q 2021). Net income: NT$57.1m (up 14% from 2Q 2021). Profit margin: 7.3% (down from 11% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: NT$0.28 (vs NT$0.49 in 1Q 2021) First quarter 2022 results: EPS: NT$0.28 (down from NT$0.49 in 1Q 2021). Revenue: NT$706.6m (down 4.1% from 1Q 2021). Net income: NT$44.8m (down 42% from 1Q 2021). Profit margin: 6.3% (down from 11% in 1Q 2021). Buying Opportunity • Apr 29
Now 22% undervalued Over the last 90 days, the stock is up 6.0%. The fair value is estimated to be NT$35.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%. Buying Opportunity • Apr 11
Now 20% undervalued Over the last 90 days, the stock is up 3.5%. The fair value is estimated to be NT$34.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 29%. Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: NT$1.78 (vs NT$2.05 in FY 2020) Full year 2021 results: EPS: NT$1.78 (down from NT$2.05 in FY 2020). Revenue: NT$2.56b (up 14% from FY 2020). Net income: NT$282.1m (down 13% from FY 2020). Profit margin: 11% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$0.64 (vs NT$1.54 in 3Q 2020) The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$677.1m (up 34% from 3Q 2020). Net income: NT$101.1m (down 59% from 3Q 2020). Profit margin: 15% (down from 48% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.3%). Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.34 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$463.1m (down 10% from 2Q 2020). Net income: NT$50.0m (down 7.6% from 2Q 2020). Profit margin: 11% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.49 (vs NT$0.073 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$738.4m (up 13% from 1Q 2020). Net income: NT$77.3m (up NT$65.7m from 1Q 2020). Profit margin: 11% (up from 1.8% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 12
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$33.45, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 18x in the Electrical industry in Taiwan. Total returns to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improved over the past week After last week's 18% share price gain to NT$31.70, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 29% over the past three years. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS NT$2.05 (vs NT$1.46 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.24b (down 17% from FY 2019). Net income: NT$325.8m (up 40% from FY 2019). Profit margin: 14% (up from 8.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 20
New 90-day low: NT$26.75 The company is down 8.0% from its price of NT$29.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$1.54 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$506.2m (down 28% from 3Q 2019). Net income: NT$245.2m (up 192% from 3Q 2019). Profit margin: 48% (up from 12% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.