Reported Earnings • May 17
First quarter 2026 earnings released: EPS: NT$1.06 (vs NT$0.17 loss in 1Q 2025) First quarter 2026 results: EPS: NT$1.06 (up from NT$0.17 loss in 1Q 2025). Revenue: NT$5.39b (up NT$5.36b from 1Q 2025). Net income: NT$942.3m (up NT$1.09b from 1Q 2025). Profit margin: 18% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Annuncio • Mar 11
Run Long Construction Co., Ltd., Annual General Meeting, Jun 09, 2026 Run Long Construction Co., Ltd., Annual General Meeting, Jun 09, 2026, at 09:00 Taipei Standard Time. Location: no,8, chih fu rd., jhongshan district, taipei city Taiwan Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$1.36 (vs NT$2.53 in FY 2024) Full year 2025 results: EPS: NT$1.36 (down from NT$2.53 in FY 2024). Revenue: NT$6.50b (down 26% from FY 2024). Net income: NT$1.30b (down 42% from FY 2024). Profit margin: 20% (down from 26% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 09
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to NT$28.50. The fair value is estimated to be NT$35.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. New Risk • Nov 24
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 6.8% 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Reported Earnings • Nov 12
Third quarter 2025 earnings released: NT$0.14 loss per share (vs NT$0.45 profit in 3Q 2024) Third quarter 2025 results: NT$0.14 loss per share (down from NT$0.45 profit in 3Q 2024). Net loss: NT$134.4m (down 130% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Nov 06
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 13 November 2025. Payment date: 28 November 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.5%). Buy Or Sell Opportunity • Oct 31
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 21% to NT$38.00. The fair value is estimated to be NT$31.67, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company became loss making. Upcoming Dividend • Sep 18
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 25 September 2025. Payment date: 31 October 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%). Declared Dividend • Aug 15
Dividend of NT$2.00 announced Shareholders will receive a dividend of NT$2.00. Ex-date: 25th September 2025 Payment date: 31st October 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having 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 36% per year over the past 10 years. However, payments have been volatile during that time. Reported Earnings • Aug 13
Second quarter 2025 earnings released: NT$0.08 loss per share (vs NT$1.74 profit in 2Q 2024) Second quarter 2025 results: NT$0.08 loss per share (down from NT$1.74 profit in 2Q 2024). Revenue: NT$38.0m (down 99% from 2Q 2024). Net loss: NT$80.0m (down 105% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$34.10, the stock trades at a trailing P/E ratio of 19.1x. Average forward P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 41% over the past three years. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.34 profit in 1Q 2024) First quarter 2025 results: NT$0.15 loss per share (down from NT$0.34 profit in 1Q 2024). Revenue: NT$30.9m (down 98% from 1Q 2024). Net loss: NT$149.9m (down 144% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Annuncio • May 03
Run Long Construction Co., Ltd. to Report Q1, 2025 Results on May 12, 2025 Run Long Construction Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$29.30, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 36% over the past three years. Annuncio • Mar 12
Run Long Construction Co., Ltd., Annual General Meeting, Jun 17, 2025 Run Long Construction Co., Ltd., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: no,8, chih fu rd., jhongshan district, taipei city Taiwan Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: NT$2.28 (vs NT$7.76 in FY 2023) Full year 2024 results: EPS: NT$2.28 (down from NT$7.76 in FY 2023). Revenue: NT$8.79b (down 71% from FY 2023). Net income: NT$2.26b (down 71% from FY 2023). Profit margin: 26% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 01
Run Long Construction Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025 Run Long Construction Co., Ltd. announced that they will report fiscal year 2024 results at 9:00 AM, Taipei Standard Time on Mar 10, 2025 Board Change • Dec 24
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yun-Chi Yen was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: NT$0.45 (vs NT$4.18 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.45 (down from NT$4.18 in 3Q 2023). Revenue: NT$1.98b (down 88% from 3Q 2023). Net income: NT$443.2m (down 89% from 3Q 2023). Profit margin: 22% (down from 25% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 30
Run Long Construction Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024 Run Long Construction Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024 Upcoming Dividend • Sep 19
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 26 September 2024. Payment date: 31 October 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (3.6%). Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: NT$3.82 (vs NT$3.00 in 2Q 2023) Second quarter 2024 results: EPS: NT$3.82 (up from NT$3.00 in 2Q 2023). Revenue: NT$5.26b (up 18% from 2Q 2023). Net income: NT$1.72b (up 27% from 2Q 2023). Profit margin: 33% (up from 30% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Declared Dividend • Aug 14
Dividend increased to NT$3.00 Dividend of NT$3.00 is 400% higher than last year. Ex-date: 26th September 2024 Payment date: 31st October 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has increased by an average of 3.9% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 67% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 03
Run Long Construction Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024 Run Long Construction Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024 Reported Earnings • May 15
First quarter 2024 earnings released: EPS: NT$0.75 (vs NT$1.90 in 1Q 2023) First quarter 2024 results: EPS: NT$0.75 (down from NT$1.90 in 1Q 2023). Revenue: NT$1.35b (down 56% from 1Q 2023). Net income: NT$337.7m (down 61% from 1Q 2023). Profit margin: 25% (down from 28% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Annuncio • May 05
Run Long Construction Co., Ltd. to Report Q1, 2024 Results on May 13, 2024 Run Long Construction Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: NT$17.08 (vs NT$0.35 in FY 2022) Full year 2023 results: EPS: NT$17.08 (up from NT$0.35 in FY 2022). Revenue: NT$30.7b (up NT$28.2b from FY 2022). Net income: NT$7.70b (up NT$7.54b from FY 2022). Profit margin: 25% (up from 6.3% 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 87% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 14
Run Long Construction Co., Ltd., Annual General Meeting, Jun 13, 2024 Run Long Construction Co., Ltd., Annual General Meeting, Jun 13, 2024. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$112, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 140% over the past three years. Upcoming Dividend • Sep 19
Upcoming dividend of NT$0.60 per share at 0.6% yield Eligible shareholders must have bought the stock before 26 September 2023. Payment date: 31 October 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (5.4%). Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: NT$3.00 (vs NT$0.001 in 2Q 2022) Second quarter 2023 results: EPS: NT$3.00 (up from NT$0.001 in 2Q 2022). Revenue: NT$4.46b (up NT$4.18b from 2Q 2022). Net income: NT$1.35b (up NT$1.35b from 2Q 2022). Profit margin: 30% (up from 0.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 22% per year. Annuncio • Aug 11
Run Long Construction Co., Ltd. Announces Cash Dividend, Payable on October 31, 2023 Run Long Construction Co., Ltd. announced cash dividends of TWD 270,615,680 (TWD 0.6 per shares). Ex-rights (ex-dividend) trading date is September 26, 2023. Ex-rights (ex-dividend) record date is October 2, 2023. Payment date of cash dividend distribution is October 31, 2023. Annuncio • Jun 14
Run Long Construction Co., Ltd. Approves the Distribution of Cash Dividends Run Long Construction Co., Ltd. at the AGM held on June 13, 2023, approved the distribution of cash dividends of TWD 0.6 per share (TWD 600 per thousand shares). The cash dividends are calculated up to TWD 1.0, decimal points are not accounted for. The total uncounted shares in fractions of TWD 1.0 shall be listed as other income of the Company. Reported Earnings • Nov 16
Third quarter 2022 earnings released: NT$0.23 loss per share (vs NT$0.69 profit in 3Q 2021) Third quarter 2022 results: NT$0.23 loss per share (down from NT$0.69 profit in 3Q 2021). Revenue: NT$52.7m (down 97% from 3Q 2021). Net loss: NT$104.5m (down 134% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Yung-Chang Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: NT$0.23 loss per share (vs NT$0.69 profit in 3Q 2021) Third quarter 2022 results: NT$0.23 loss per share (down from NT$0.69 profit in 3Q 2021). Revenue: NT$52.7m (down 97% from 3Q 2021). Net loss: NT$104.5m (down 134% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 19
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 26 September 2022. Payment date: 31 October 2022. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (5.7%). Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: NT$0.001 (vs NT$0.77 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.001 (down from NT$0.77 in 2Q 2021). Revenue: NT$278.7m (down 87% from 2Q 2021). Net income: NT$279.0k (down 100% from 2Q 2021). Profit margin: 0.1% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 11
Run Long Construction Co.,Ltd. Announces Cash Dividend, Payable on October 31, 2022 Run Long Construction Co.,Ltd. announced cash dividend of TWD 784,393,274 or TWD 2 per share with ex-rights (ex-dividend) trading date as September 26, 2022, ex-rights (ex-dividend) record date as October 2, 2022 and payable on October 31, 2022. Annuncio • Jun 10
Run Long Construction Co.,Ltd. Resolves to Approve Cash Dividends Run Long Construction Co.,Ltd. board of directors resolved to approve the distribution of cash dividends of TWD 2 per share (TWD 2,000 per thousand shares), at the 2022 annual general shareholders' meeting held on June 9, 2022. The cash dividends are calculated up to TWD 1.0, decimal points are not accounted for. The total uncounted shares in fractions of TWD 1.0 shall be listed as other income of the company. Reported Earnings • May 10
First quarter 2022 earnings released: EPS: NT$0.11 (vs NT$1.17 in 1Q 2021) First quarter 2022 results: EPS: NT$0.11 (down from NT$1.17 in 1Q 2021). Revenue: NT$607.5m (down 82% from 1Q 2021). Net income: NT$41.5m (down 91% from 1Q 2021). Profit margin: 6.8% (down from 14% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 6 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). Independent Director Yun-Chi Yen was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 16
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: NT$4.26 (up from NT$0.30 in FY 2020). Revenue: NT$10.5b (up 37% from FY 2020). Net income: NT$1.67b (up NT$1.55b from FY 2020). Profit margin: 16% (up from 1.5% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 38%. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.30 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$1.90b (down 39% from 3Q 2020). Net income: NT$311.4m (up 168% from 3Q 2020). Profit margin: 16% (up from 3.8% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 17
Upcoming dividend of NT$0.20 per share Eligible shareholders must have bought the stock before 24 September 2021. Payment date: 29 October 2021. Trailing yield: 0.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.8%). Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.058 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.14b (up 43% from 2Q 2020). Net income: NT$299.8m (up NT$278.5m from 2Q 2020). Profit margin: 14% (up from 1.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • May 08
First quarter 2021 earnings released: EPS NT$1.24 (vs NT$0.33 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.33b (up 484% from 1Q 2020). Net income: NT$460.2m (up NT$580.9m from 1Q 2020). Profit margin: 14% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Annuncio • Mar 20
Run Long Construction Co.,Ltd., Annual General Meeting, Jun 10, 2021 Run Long Construction Co.,Ltd., Annual General Meeting, Jun 10, 2021. Reported Earnings • Mar 20
Full year 2020 earnings released: EPS NT$0.32 (vs NT$1.77 in FY 2019) The company reported a mediocre full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$7.66b (up 82% from FY 2019). Net income: NT$117.2m (down 82% from FY 2019). Profit margin: 1.5% (down from 16% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Jan 20
New 90-day low: NT$57.70 The company is down 11% from its price of NT$64.60 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 Construction industry, which is flat over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS NT$0.31 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$3.10b (up 278% from 3Q 2019). Net income: NT$116.2m (up NT$208.9m from 3Q 2019). Profit margin: 3.8% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 12
New 90-day high: NT$63.70 The company is up 24% from its price of NT$51.25 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Construction industry, which is up 6.0% over the same period.