Reported Earnings • May 12
First quarter 2026 earnings released: EPS: NT$0.91 (vs NT$0.90 in 1Q 2025) First quarter 2026 results: EPS: NT$0.91 (up from NT$0.90 in 1Q 2025). Revenue: NT$1.53b (down 11% from 1Q 2025). Net income: NT$269.5m (up 1.5% from 1Q 2025). Profit margin: 18% (up from 16% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Annuncio • Mar 16
San Shing Fastech Corp., Annual General Meeting, Jun 18, 2026 San Shing Fastech Corp., Annual General Meeting, Jun 18, 2026, at 10:00 Taipei Standard Time. Location: no,355, sec.3 chung shan rd., nan hsing li, gueiren district, tainan city Taiwan Declared Dividend • Mar 16
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 1st April 2026 Payment date: 23rd April 2026 Dividend yield will be 5.4%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it covered by cash flows (101% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control, which is more than the 8.2% EPS growth achieved over the last 5 years. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$3.02 (vs NT$3.58 in FY 2024) Full year 2025 results: EPS: NT$3.02 (down from NT$3.58 in FY 2024). Revenue: NT$6.22b (down 8.9% from FY 2024). Net income: NT$891.3m (down 16% from FY 2024). Profit margin: 14% (down from 16% 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 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Mar 14
San Shing Fastech Corp. announces Annual dividend, payable on April 23, 2026 San Shing Fastech Corp. announced Annual dividend of TWD 2.7300 per share payable on April 23, 2026, ex-date on April 01, 2026 and record date on April 02, 2026. Reported Earnings • Nov 11
Third quarter 2025 earnings released: EPS: NT$0.74 (vs NT$0.86 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.74 (down from NT$0.86 in 3Q 2024). Revenue: NT$1.55b (down 13% from 3Q 2024). Net income: NT$219.1m (down 14% from 3Q 2024). Profit margin: 14% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 1% per year. New Risk • Aug 19
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 105% Cash payout ratio: 107% Dividend yield: 5.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: NT$0.40 (vs NT$1.05 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.40 (down from NT$1.05 in 2Q 2024). Revenue: NT$1.44b (down 16% from 2Q 2024). Net income: NT$118.2m (down 62% from 2Q 2024). Profit margin: 8.2% (down from 18% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has remained flat. Reported Earnings • May 13
First quarter 2025 earnings released: EPS: NT$0.90 (vs NT$0.99 in 1Q 2024) First quarter 2025 results: EPS: NT$0.90 (down from NT$0.99 in 1Q 2024). Revenue: NT$1.71b (down 4.0% from 1Q 2024). Net income: NT$265.5m (down 9.2% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 2% per year. Annuncio • Apr 27
San Shing Fastech Corp. to Report Q1, 2025 Results on May 08, 2025 San Shing Fastech Corp. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: NT$3.58 (vs NT$3.38 in FY 2023) Full year 2024 results: EPS: NT$3.58 (up from NT$3.38 in FY 2023). Revenue: NT$6.82b (up 2.6% from FY 2023). Net income: NT$1.06b (up 6.0% from FY 2023). Profit margin: 16% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year. Declared Dividend • Mar 08
Dividend of NT$3.00 announced Dividend of NT$3.00 is the same as last year. Ex-date: 25th March 2025 Payment date: 18th April 2025 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not covered by cash flows (156% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 4.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Feb 25
San Shing Fastech Corp. to Report Fiscal Year 2024 Results on Mar 06, 2025 San Shing Fastech Corp. announced that they will report fiscal year 2024 results on Mar 06, 2025 Reported Earnings • Nov 11
Third quarter 2024 earnings released: EPS: NT$0.86 (vs NT$0.94 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.86 (down from NT$0.94 in 3Q 2023). Revenue: NT$1.78b (up 5.3% from 3Q 2023). Net income: NT$253.2m (down 9.0% from 3Q 2023). Profit margin: 14% (down from 16% in 3Q 2023). 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 2% per year. Annuncio • Oct 25
San Shing Fastech Corp. to Report Q3, 2024 Results on Nov 07, 2024 San Shing Fastech Corp. announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 12
Second quarter 2024 earnings released: EPS: NT$1.05 (vs NT$0.83 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.05 (up from NT$0.83 in 2Q 2023). Revenue: NT$1.71b (up 6.4% from 2Q 2023). Net income: NT$308.4m (up 26% from 2Q 2023). Profit margin: 18% (up from 15% 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 5% per year whereas the company’s share price has remained flat. Annuncio • Jul 30
San Shing Fastech Corp. to Report Q2, 2024 Results on Aug 08, 2024 San Shing Fastech Corp. announced that they will report Q2, 2024 results on Aug 08, 2024 Buy Or Sell Opportunity • Jul 01
Now 20% undervalued Over the last 90 days, the stock has risen 1.6% to NT$57.00. The fair value is estimated to be NT$71.16, 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 7.9%. Buy Or Sell Opportunity • Jun 26
Now 20% undervalued Over the last 90 days, the stock has risen 1.4% to NT$57.00. The fair value is estimated to be NT$71.26, 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 7.9%. Buy Or Sell Opportunity • Jun 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.2% to NT$56.80. The fair value is estimated to be NT$71.03, 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 7.9%. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.99 (vs NT$0.80 in 1Q 2023) First quarter 2024 results: EPS: NT$0.99 (up from NT$0.80 in 1Q 2023). Revenue: NT$1.78b (up 10% from 1Q 2023). Net income: NT$292.5m (up 25% from 1Q 2023). Profit margin: 16% (up from 14% 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 8% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Mar 19
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 26 March 2024. Payment date: 19 April 2024. Payout ratio and cash payout ratio are on the higher end at 89% and 78% respectively. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.7%). Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: NT$3.38 (vs NT$3.60 in FY 2022) Full year 2023 results: EPS: NT$3.38 (down from NT$3.60 in FY 2022). Revenue: NT$6.64b (down 7.3% from FY 2022). Net income: NT$997.1m (down 6.0% from FY 2022). Profit margin: 15% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Declared Dividend • Mar 09
Dividend of NT$3.00 announced Dividend of NT$3.00 is the same as last year. Ex-date: 26th March 2024 Payment date: 19th April 2024 Dividend yield will be 5.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (89.5% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share declined by 3.4% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range. New Risk • Feb 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. New Risk • Feb 09
New major risk - Revenue and earnings growth Earnings have declined by 0.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$0.83 (vs NT$1.01 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.83 (down from NT$1.01 in 2Q 2022). Revenue: NT$1.61b (down 15% from 2Q 2022). Net income: NT$244.2m (down 18% from 2Q 2022). Profit margin: 15% (in line with 2Q 2022). 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 7% per year, which means it is significantly lagging earnings growth. Annuncio • Jun 15
San Shing Fastech Corp. Announces Dividend Payment San Shing Fastech Corp. announced dividend of TWD 3 per share at its shareholder meeting held on June 14,2023. Upcoming Dividend • Mar 21
Upcoming dividend of NT$3.00 per share at 5.7% yield Eligible shareholders must have bought the stock before 28 March 2023. Payment date: 21 April 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.7%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.2%). Reported Earnings • Mar 15
Full year 2022 earnings released: EPS: NT$3.60 (vs NT$3.33 in FY 2021) Full year 2022 results: EPS: NT$3.60 (up from NT$3.33 in FY 2021). Revenue: NT$7.17b (flat on FY 2021). Net income: NT$1.06b (up 7.9% from FY 2021). Profit margin: 15% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 5% 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 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Guo Jian 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 12
Third quarter 2022 earnings released: EPS: NT$0.91 (vs NT$0.96 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.91 (down from NT$0.96 in 3Q 2021). Revenue: NT$1.73b (down 12% from 3Q 2021). Net income: NT$269.5m (down 5.3% from 3Q 2021). Profit margin: 16% (up from 14% in 3Q 2021). 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 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2022 earnings released: EPS: NT$1.01 (vs NT$0.86 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.01 (up from NT$0.86 in 2Q 2021). Revenue: NT$1.89b (up 1.4% from 2Q 2021). Net income: NT$296.8m (up 17% from 2Q 2021). Profit margin: 16% (up from 14% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 01
San Shing Fastech Corp. Announces Director Changes San Shing Fastech Corp. announced that change of representative of juristic person director. Name of the previous position holder: Yang, Long.Resume of the previous position holder: Director of Hexico Enterprise Co., LTD. Name of the new position holder: Hsu, Chih-Jen. Resume of the new position holder: Chairman of Spring House Entertainment Technology Inc. Independent Director of Mega International Commercial Bank Co. Ltd. Effective date of the new appointment is July 1, 2022. Upcoming Dividend • Jun 27
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 04 July 2022. Payment date: 22 July 2022. Payout ratio and cash payout ratio are on the higher end at 88% and 99% respectively. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.2%). Annuncio • Jun 17
San Shing Fastech Corp. Announces Cash Dividends, Payable on July 22, 2022 San Shing Fastech Corp. announced resolution by the board of directors for the ex-dividend record date of cash dividends. .Type and monetary amount of dividend distribution is TWD 884,820,462 cash dividend for common share (TWD 3 per share). .Ex-rights (ex-dividend) trading date is July 4, 2022. Last date before book closure is July 5, 2022. Book closure starting date is July 6, 2022. Book closure ending date is July 10, 2022. Ex-rights (ex-dividend) record date is July 10, 2022. Cash dividend payment date is July 22, 2022. Reported Earnings • May 11
First quarter 2022 earnings released: EPS: NT$0.86 (vs NT$0.80 in 1Q 2021) First quarter 2022 results: EPS: NT$0.86 (up from NT$0.80 in 1Q 2021). Revenue: NT$1.88b (up 15% from 1Q 2021). Net income: NT$254.0m (up 8.1% from 1Q 2021). Profit margin: 14% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 1% per year. 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. 3 experienced directors. 6 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Chine-Jine Hsiao 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 17
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$3.33 (up from NT$2.04 in FY 2020). Revenue: NT$7.11b (up 40% from FY 2020). Net income: NT$982.9m (up 63% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.97 (vs NT$0.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.97b (up 48% from 3Q 2020). Net income: NT$284.6m (up 124% from 3Q 2020). Profit margin: 14% (up from 9.6% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 07
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 14 October 2021. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.8%). Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$0.86 (vs NT$0.27 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.87b (up 137% from 2Q 2020). Net income: NT$254.3m (up 215% from 2Q 2020). Profit margin: 14% (up from 10% 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 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • May 14
First quarter 2021 earnings released: EPS NT$0.80 (vs NT$0.64 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.63b (up 9.2% from 1Q 2020). Net income: NT$234.9m (up 24% from 1Q 2020). Profit margin: 14% (up from 13% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS NT$2.04 (vs NT$2.77 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$5.07b (down 23% from FY 2019). Net income: NT$601.5m (down 26% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annuncio • Mar 20
San Shing Fastech Corp., Annual General Meeting, Jun 17, 2021 San Shing Fastech Corp., Annual General Meeting, Jun 17, 2021. Is New 90 Day High Low • Feb 22
New 90-day high: NT$53.00 The company is up 8.0% from its price of NT$49.00 on 24 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: NT$50.00 The company is up 11% from its price of NT$44.90 on 22 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is up 15% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS NT$0.43 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.33b (down 20% from 3Q 2019). Net income: NT$127.4m (down 41% from 3Q 2019). Profit margin: 9.6% (down from 13% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% 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. Is New 90 Day High Low • Nov 09
New 90-day high: NT$46.10 The company is up 1.0% from its price of NT$45.80 on 11 August 2020. The Taiwanese market is also up 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Machinery industry, which is up 3.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$44.10 The company is down 4.0% from its price of NT$45.70 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period.