Declared Dividend • Jun 19
Dividend increased to NT$0.10 Dividend of NT$0.10 is 100% higher than last year. Ex-date: 22nd July 2026 Payment date: 26th August 2026 Dividend yield will be 0.8%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is not adequately covered by earnings (98% earnings payout ratio). However, it is well covered by cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 8.9% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 19
First quarter 2026 earnings released: EPS: NT$0.19 (vs NT$0.60 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.19 (up from NT$0.60 loss in 1Q 2025). Revenue: NT$2.73b (up 24% from 1Q 2025). Net income: NT$41.7m (up NT$172.3m from 1Q 2025). Profit margin: 1.5% (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 increased by 8% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 20
Full year 2025 earnings released: NT$0.69 loss per share (vs NT$0.25 loss in FY 2024) Full year 2025 results: NT$0.69 loss per share (further deteriorated from NT$0.25 loss in FY 2024). Revenue: NT$9.19b (up 2.6% from FY 2024). Net loss: NT$150.0m (loss widened 178% from FY 2024). 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 6% per year, which means it is significantly lagging earnings. Annuncio • Mar 16
Kingcan Holdings Limited, Annual General Meeting, Jun 17, 2026 Kingcan Holdings Limited, Annual General Meeting, Jun 17, 2026, at 09:00 Taipei Standard Time. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan Reported Earnings • Nov 14
Third quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.77 loss in 3Q 2024) Third quarter 2025 results: NT$0.07 loss per share (improved from NT$0.77 loss in 3Q 2024). Revenue: NT$2.43b (up 7.3% from 3Q 2024). Net loss: NT$14.9m (loss narrowed 91% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 31
Second quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.13 profit in 2Q 2024) Second quarter 2025 results: NT$0.22 loss per share (down from NT$0.13 profit in 2Q 2024). Revenue: NT$2.15b (down 1.3% from 2Q 2024). Net loss: NT$48.6m (down 274% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year. Upcoming Dividend • Jul 15
Upcoming dividend of NT$0.05 per share Eligible shareholders must have bought the stock before 22 July 2025. Payment date: 26 August 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.3%). Declared Dividend • Jun 22
Dividend reduced to NT$0.05 Dividend of NT$0.05 is 38% lower than last year. Ex-date: 22nd July 2025 Payment date: 26th August 2025 Dividend yield will be 0.4%, which is lower than the industry average of 5.2%. Annuncio • Jun 21
Kingcan Holdings Limited Approves Cash Dividend, Payable on August 26, 2025 Kingcan Holdings Limited approved Cash dividend of TWD 0.05 per share (Cash dividends on common stock: TWD 10,920,216), at the shareholders meeting held on June 20, 2025. Ex-rights (ex-dividend) trading date is July 22, 2025. Ex-rights (ex-dividend) record date is July 28, 2025. Payment date of common stock cash dividend distribution is August 26, 2025. New Risk • May 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.3x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Earnings have declined by 31% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.88b market cap, or US$96.3m). Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.60 loss per share (vs NT$0.061 loss in 1Q 2024) First quarter 2025 results: NT$0.60 loss per share (further deteriorated from NT$0.061 loss in 1Q 2024). Revenue: NT$2.20b (up 8.5% from 1Q 2024). Net loss: NT$130.7m (loss widened NT$117.4m from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • May 02
Kingcan Holdings Limited to Report Q1, 2025 Results on May 09, 2025 Kingcan Holdings Limited announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Mar 20
Full year 2024 earnings released: NT$0.25 loss per share (vs NT$0.15 profit in FY 2023) Full year 2024 results: NT$0.25 loss per share (down from NT$0.15 profit in FY 2023). Revenue: NT$8.95b (up 8.4% from FY 2023). Net loss: NT$53.9m (down 270% from profit in FY 2023). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • Mar 18
Kingcan Holdings Limited, Annual General Meeting, Jun 20, 2025 Kingcan Holdings Limited, Annual General Meeting, Jun 20, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan Annuncio • Mar 07
Kingcan Holdings Limited to Report Q4, 2024 Results on Mar 14, 2025 Kingcan Holdings Limited announced that they will report Q4, 2024 results on Mar 14, 2025 New Risk • Nov 26
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 11% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). New Risk • Nov 17
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Risks Interest payments are not well covered by earnings (0.8x net interest cover). Earnings have declined by 11% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.95b market cap, or US$90.7m). Reported Earnings • Nov 17
Third quarter 2024 earnings released: NT$0.77 loss per share (vs NT$0.19 profit in 3Q 2023) Third quarter 2024 results: NT$0.77 loss per share (down from NT$0.19 profit in 3Q 2023). Revenue: NT$2.27b (down 2.1% from 3Q 2023). Net loss: NT$169.1m (down NT$210.6m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • Nov 02
Kingcan Holdings Limited to Report Q3, 2024 Results on Nov 08, 2024 Kingcan Holdings Limited announced that they will report Q3, 2024 results on Nov 08, 2024 New Risk • Sep 11
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.2x net interest cover). Minor Risk Market cap is less than US$100m (NT$3.07b market cap, or US$95.5m). Reported Earnings • Aug 29
Second quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.036 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.13 (up from NT$0.036 in 2Q 2023). Revenue: NT$2.18b (up 2.2% from 2Q 2023). Net income: NT$28.0m (up 257% from 2Q 2023). Profit margin: 1.3% (up from 0.4% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 16
Upcoming dividend of NT$0.08 per share Eligible shareholders must have bought the stock before 23 July 2024. Payment date: 26 August 2024. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.9%). Board Change • Jul 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Ming-Kai Hsieh was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Jun 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.5x net interest cover). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.08b market cap, or US$95.2m). Reported Earnings • May 17
First quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.15 loss in 1Q 2023) First quarter 2024 results: NT$0.06 loss per share (improved from NT$0.15 loss in 1Q 2023). Revenue: NT$2.03b (up 22% from 1Q 2023). Net loss: NT$13.2m (loss narrowed 59% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • May 05
Kingcan Holdings Limited to Report Q1, 2024 Results on May 10, 2024 Kingcan Holdings Limited announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$0.15 (vs NT$1.69 loss in FY 2022) Full year 2023 results: EPS: NT$0.15 (up from NT$1.69 loss in FY 2022). Revenue: NT$8.26b (down 4.8% from FY 2022). Net income: NT$31.8m (up NT$339.6m from FY 2022). Profit margin: 0.4% (up from net loss in FY 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Annuncio • Mar 16
Kingcan Holdings Limited, Annual General Meeting, Jun 19, 2024 Kingcan Holdings Limited, Annual General Meeting, Jun 19, 2024. Location: Hotel National, No. 57, Guanqian Road, West District, Taichung City Taiwan Agenda: To report the business report of 2023; to report the Audit Committee's review report on the financial statements of 2023; to report the compensation to employees and remuneration to directors of 2023; to report on cash dividend distribution from earnings in 2023; to report the the company's second unsecured conversion corporate bonds; to consider report on remuneration to directors for 2023; and to consider other matters. New Risk • Jan 31
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$99.8m). Annuncio • Dec 30
Kingcan Holdings Limited Appoints Chou,Po-Yen as Information Security Officer Kingcan Holdings Limited announced the appointment of Information Security Officer. Name, title, and resume of the new position holder: Mr. CHOU,PO-YEN,Manager. Effective from December 29, 2023. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$0.19 (vs NT$1.19 loss in 3Q 2022) Third quarter 2023 results: EPS: NT$0.19 (up from NT$1.19 loss in 3Q 2022). Revenue: NT$2.32b (down 8.0% from 3Q 2022). Net income: NT$41.5m (up NT$249.3m from 3Q 2022). Profit margin: 1.8% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Aug 31
Second quarter 2023 earnings released: EPS: NT$0.04 (vs NT$0.81 loss in 2Q 2022) Second quarter 2023 results: EPS: NT$0.04 (up from NT$0.81 loss in 2Q 2022). Revenue: NT$2.13b (up 4.9% from 2Q 2022). Net income: NT$7.85m (up NT$150.6m from 2Q 2022). Profit margin: 0.4% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has remained flat, which means it is well ahead of earnings. New Risk • Aug 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.1x net interest cover). Minor Risks Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (NT$3.08b market cap, or US$96.7m). New Risk • Aug 15
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.17b (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks High level of debt (46% net debt to equity). Shareholders have been diluted in the past year (25% increase in shares outstanding). Market cap is less than US$100m (NT$3.17b market cap, or US$99.2m). Annuncio • Jun 21
Kingcan Holdings Limited Elects Hsiao, Yu-Chun as Independent Director Kingcan Holdings Limited announced at annual general meeting held on June 20, 2023, the shareholders elected Hsiao, Yu-Chun as independent director of the company. Resume of the new position holder: Independent Director of Far East Bio-Tec. Co. Ltd. and Independent Director of Redwood Group Ltd. Effective date of the new appointment is June 20, 2023. Reported Earnings • Mar 16
Full year 2022 earnings released: NT$1.69 loss per share (vs NT$2.22 profit in FY 2021) Full year 2022 results: NT$1.69 loss per share (down from NT$2.22 profit in FY 2021). Revenue: NT$8.68b (up 11% from FY 2021). Net loss: NT$307.8m (down 179% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
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 an independent director. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Ming-Shou Lin was the last independent director to join the board, commencing their role in 2021. 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 • Sep 02
Second quarter 2022 earnings released: NT$0.81 loss per share (vs NT$0.38 profit in 2Q 2021) Second quarter 2022 results: NT$0.81 loss per share (down from NT$0.38 profit in 2Q 2021). Revenue: NT$2.03b (up 14% from 2Q 2021). Net loss: NT$142.7m (down 316% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 19
Upcoming dividend of NT$0.40 per share Eligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (6.7%). Annuncio • Jun 23
Kingcan Holdings Limited Proposes Cash Dividend, Payable on August 25, 2022 Kingcan Holdings Limited proposes cash dividend of TWD 0.4 per common share, payable on August 25, 2022. Ex-rights (ex-dividend) record date is August 1, 2022. Ex-rights (ex-dividend) trading date is July 26, 2022. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.07 loss per share (vs NT$0.072 loss in 1Q 2021) First quarter 2022 results: NT$0.07 loss per share (up from NT$0.072 loss in 1Q 2021). Revenue: NT$1.84b (up 12% from 1Q 2021). Net loss: NT$12.4m (loss narrowed 1.2% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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. 1 experienced director. 7 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Hsien-Chang Chou was the last independent director to join the board, commencing their role in 2012. 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 • Apr 01
Full year 2021 earnings released: EPS: NT$2.22 (vs NT$0.38 in FY 2020) Full year 2021 results: EPS: NT$2.22 (up from NT$0.38 in FY 2020). Revenue: NT$7.81b (up 35% from FY 2020). Net income: NT$389.9m (up 481% from FY 2020). Profit margin: 5.0% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 31
Kingcan Holdings Limited, Annual General Meeting, Jun 22, 2022 Kingcan Holdings Limited, Annual General Meeting, Jun 22, 2022. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS NT$0.29 (vs NT$0.52 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$2.02b (up 19% from 3Q 2020). Net income: NT$51.6m (down 43% from 3Q 2020). Profit margin: 2.6% (down from 5.3% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 30
Second quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.20 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.78b (up 20% from 2Q 2020). Net income: NT$66.2m (up 86% from 2Q 2020). Profit margin: 3.7% (up from 2.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 14
First quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.33 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$1.65b (up 66% from 1Q 2020). Net loss: NT$12.6m (loss narrowed 78% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS NT$0.38 (vs NT$0.34 loss 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$5.79b (down 4.6% from FY 2019). Net income: NT$67.1m (up NT$127.3m from FY 2019). Profit margin: 1.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 28
New 90-day low: NT$13.25 The company is down 1.0% from its price of NT$13.40 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 5.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: NT$14.80 The company is up 16% from its price of NT$12.75 on 20 August 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 11% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.52 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.70b (up 4.3% from 3Q 2019). Net income: NT$90.4m (up NT$115.9m from 3Q 2019). Profit margin: 5.3% (up from net loss in 3Q 2019). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.