Bausen（2948）株式概要株式会社バウセンは、木製家具、フローリング、室内装飾建材の卸売および小売を台湾内外で行っている。 詳細2948 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より95.7%で取引されている 過去1年間で収益は14.6%増加しました リスク分析過去5年間で収益は年間20.5%減少しました。 意味のある時価総額がありません ( NT$1B )不安定な配当実績 すべてのリスクチェックを見る2948 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$36.0037.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue NT$2.4bEarnings NT$76.3mAdvancedSet Fair ValueView all narrativesBausen Inc. 競合他社CKM Applied MaterialsSymbol: TPEX:8930Market cap: NT$2.3bSanitarSymbol: TWSE:1817Market cap: NT$2.8bChampion Building MaterialsLtdSymbol: TWSE:1806Market cap: NT$3.1bSunspring MetalSymbol: TWSE:2062Market cap: NT$3.7b価格と性能株価の高値、安値、推移の概要Bausen過去の株価現在の株価NT$36.8552週高値NT$44.0552週安値NT$33.80ベータ-0.201ヶ月の変化-3.15%3ヶ月変化-7.64%1年変化0.21%3年間の変化-47.63%5年間の変化-48.36%IPOからの変化-14.21%最新ニュースReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.38 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.38 in 1Q 2025). Revenue: NT$531.1m (up 1.5% from 1Q 2025). Net income: NT$12.4m (up 5.4% from 1Q 2025). Profit margin: 2.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% 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.New Risk • Apr 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (90% payout ratio). Market cap is less than US$100m (NT$1.21b market cap, or US$38.4m).お知らせ • Mar 16Bausen Inc., Annual General Meeting, Jun 09, 2026Bausen Inc., Annual General Meeting, Jun 09, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city TaiwanReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.14 (vs NT$2.12 in FY 2024)Full year 2025 results: EPS: NT$2.14 (up from NT$2.12 in FY 2024). Revenue: NT$2.14b (up 1.8% from FY 2024). Net income: NT$66.4m (up 1.3% from FY 2024). Profit margin: 3.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x 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 (2.5x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$36.7m).Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.35 in 3Q 2024). Revenue: NT$543.2m (flat on 3Q 2024). Net income: NT$20.3m (up 85% from 3Q 2024). Profit margin: 3.7% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.38 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.38 in 1Q 2025). Revenue: NT$531.1m (up 1.5% from 1Q 2025). Net income: NT$12.4m (up 5.4% from 1Q 2025). Profit margin: 2.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% 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.New Risk • Apr 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (90% payout ratio). Market cap is less than US$100m (NT$1.21b market cap, or US$38.4m).お知らせ • Mar 16Bausen Inc., Annual General Meeting, Jun 09, 2026Bausen Inc., Annual General Meeting, Jun 09, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city TaiwanReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.14 (vs NT$2.12 in FY 2024)Full year 2025 results: EPS: NT$2.14 (up from NT$2.12 in FY 2024). Revenue: NT$2.14b (up 1.8% from FY 2024). Net income: NT$66.4m (up 1.3% from FY 2024). Profit margin: 3.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x 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 (2.5x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$36.7m).Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.35 in 3Q 2024). Revenue: NT$543.2m (flat on 3Q 2024). Net income: NT$20.3m (up 85% from 3Q 2024). Profit margin: 3.7% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.05, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 20x in the Building industry in Taiwan. Total loss to shareholders of 31% over the past three years.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.57 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.60 (up from NT$0.57 in 2Q 2024). Revenue: NT$561.9m (up 6.8% from 2Q 2024). Net income: NT$17.9m (up 2.0% from 2Q 2024). Profit margin: 3.2% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% 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.Declared Dividend • Jul 26Dividend of NT$1.82 announcedShareholders will receive a dividend of NT$1.82. Ex-date: 8th August 2025 Payment date: 29th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and 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 3.0% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control. However, EPS has declined by 4.0% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.39 (vs NT$0.63 in 1Q 2024)First quarter 2025 results: EPS: NT$0.39 (down from NT$0.63 in 1Q 2024). Revenue: NT$523.4m (up 5.3% from 1Q 2024). Net income: NT$11.8m (down 38% from 1Q 2024). Profit margin: 2.3% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 41% 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.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.19 (vs NT$3.98 in FY 2023)Full year 2024 results: EPS: NT$2.19 (down from NT$3.98 in FY 2023). Revenue: NT$2.10b (down 3.8% from FY 2023). Net income: NT$65.6m (down 39% from FY 2023). Profit margin: 3.1% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Mar 14Bausen Inc., Annual General Meeting, Jun 16, 2025Bausen Inc., Annual General Meeting, Jun 16, 2025, at 10:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city TaiwanBuy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 19% to NT$46.00. The fair value is estimated to be NT$38.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%.Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.79 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.37 (down from NT$0.79 in 3Q 2023). Revenue: NT$543.8m (down 6.1% from 3Q 2023). Net income: NT$11.0m (down 48% from 3Q 2023). Profit margin: 2.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.63 (vs NT$1.68 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.63 (down from NT$1.68 in 2Q 2023). Revenue: NT$526.1m (down 8.6% from 2Q 2023). Net income: NT$17.6m (down 61% from 2Q 2023). Profit margin: 3.3% (down from 7.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 01Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.7%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.68 (vs NT$1.03 in 1Q 2023)First quarter 2024 results: EPS: NT$0.68 (down from NT$1.03 in 1Q 2023). Revenue: NT$497.2m (down 3.4% from 1Q 2023). Net income: NT$18.9m (down 26% from 1Q 2023). Profit margin: 3.8% (down from 4.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% 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.Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$4.26 (vs NT$6.23 in FY 2022)Full year 2023 results: EPS: NT$4.26 (down from NT$6.23 in FY 2022). Revenue: NT$2.19b (down 3.8% from FY 2022). Net income: NT$106.6m (down 27% from FY 2022). Profit margin: 4.9% (down from 6.5% in FY 2022). 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 whereas the company’s share price has fallen by 3% per year.お知らせ • Mar 15Bausen Inc., Annual General Meeting, Jun 24, 2024Bausen Inc., Annual General Meeting, Jun 24, 2024.New Risk • Feb 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (166% cash payout ratio). Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$1.76b market cap, or US$56.1m).New Risk • Jan 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor 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: Minor Risks Dividend is not well covered by cash flows (147% cash payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$1.95b market cap, or US$63.0m).New Risk • Nov 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (6.4% increase in shares outstanding). Market cap is less than US$100m (NT$2.57b market cap, or US$79.7m).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$105, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 21x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 37% over the past year.Upcoming Dividend • Aug 02Upcoming dividend of NT$3.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 09 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (1.0%).Reported Earnings • Apr 27Full year 2022 earnings released: EPS: NT$6.23 (vs NT$6.93 in FY 2021)Full year 2022 results: EPS: NT$6.23 (down from NT$6.93 in FY 2021). Revenue: NT$2.27b (up 14% from FY 2021). Net income: NT$146.7m (down 4.9% from FY 2021). Profit margin: 6.5% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$91.50, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 32% over the past year.Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$4.11 (vs NT$3.78 in 1H 2021)First half 2022 results: EPS: NT$4.11 (up from NT$3.78 in 1H 2021). Revenue: NT$1.14b (up 19% from 1H 2021). Net income: NT$91.2m (up 9.6% from 1H 2021). Profit margin: 8.0% (down from 8.6% in 1H 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Aug 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (3.8%).Reported Earnings • Apr 28Full year 2021 earnings released: EPS: NT$7.28 (vs NT$4.55 in FY 2020)Full year 2021 results: EPS: NT$7.28 (up from NT$4.55 in FY 2020). Revenue: NT$2.00b (up 43% from FY 2020). Net income: NT$154.3m (up 69% from FY 2020). Profit margin: 7.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue.Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$3.97 (vs NT$1.52 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$963.4m (up 69% from 1H 2020). Net income: NT$83.2m (up 176% from 1H 2020). Profit margin: 8.6% (up from 5.3% in 1H 2020). The increase in margin was driven by higher revenue.分析記事 • Apr 21Bausen Inc.'s (GTSM:2948) Business And Shares Still Trailing The MarketBausen Inc.'s ( GTSM:2948 ) price-to-earnings (or "P/E") ratio of 18.6x might make it look like a buy right now...Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$5.00 (vs NT$2.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.40b (up 37% from FY 2019). Net income: NT$91.3m (up 127% from FY 2019). Profit margin: 6.5% (up from 3.9% in FY 2019). The increase in margin was driven by higher revenue.お知らせ • Mar 20Bausen Inc., Annual General Meeting, Jun 08, 2021Bausen Inc., Annual General Meeting, Jun 08, 2021.Is New 90 Day High Low • Mar 11New 90-day high: NT$85.30The company is up 74% from its price of NT$49.00 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 12% over the same period.分析記事 • Mar 10Why Bausen Inc. (GTSM:2948) Looks Like A Quality CompanyMany investors are still learning about the various metrics that can be useful when analysing a stock. This article is...Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$85.20, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 45x in the Building industry in Taiwan.Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$60.00, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 42x in the Building industry in Taiwan.株主還元2948TW BuildingTW 市場7D4.4%7.5%8.4%1Y0.2%188.9%103.4%株主還元を見る業界別リターン: 2948過去 1 年間で188.9 % の収益を上げたTW Building業界を下回りました。リターン対市場: 2948は、過去 1 年間で103.4 % のリターンを上げたTW市場を下回りました。価格変動Is 2948's price volatile compared to industry and market?2948 volatility2948 Average Weekly Movement5.4%Building Industry Average Movement4.6%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 2948 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 2948の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト2015n/aKai-Lun Huangwww.bausen.com株式会社バウセンは、台湾内外で木製家具、フローリング、室内装飾建材の卸売・小売業を営んでいる。同社はArtisan Hardwoodブランドで人工、ラミネート、複合フローリング製品を、Villa Blancaブランドで広葉樹フローリング製品を提供している。また、「モダンホームコンセプツ」のブランド名で、フローリング、床材、モールディング、キャビネットシステム、大理石・石材カウンタートップ、ホームエクステンション資材・アクセサリーを提供する卸売・小売店も運営している。同社は2015年に設立され、台湾の台北に本社を置いている。もっと見るBausen Inc. 基礎のまとめBausen の収益と売上を時価総額と比較するとどうか。2948 基礎統計学時価総額NT$1.14b収益（TTM）NT$67.07m売上高(TTM)NT$2.15b17.0xPER（株価収益率0.5xP/Sレシオ2948 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計2948 損益計算書（TTM）収益NT$2.15b売上原価NT$1.23b売上総利益NT$916.33mその他の費用NT$849.26m収益NT$67.07m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.16グロス・マージン42.65%純利益率3.12%有利子負債／自己資本比率46.7%2948 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.2%現在の配当利回り89%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/27 16:30終値2026/05/27 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Bausen Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.38 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.38 in 1Q 2025). Revenue: NT$531.1m (up 1.5% from 1Q 2025). Net income: NT$12.4m (up 5.4% from 1Q 2025). Profit margin: 2.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% 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.
New Risk • Apr 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (90% payout ratio). Market cap is less than US$100m (NT$1.21b market cap, or US$38.4m).
お知らせ • Mar 16Bausen Inc., Annual General Meeting, Jun 09, 2026Bausen Inc., Annual General Meeting, Jun 09, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.14 (vs NT$2.12 in FY 2024)Full year 2025 results: EPS: NT$2.14 (up from NT$2.12 in FY 2024). Revenue: NT$2.14b (up 1.8% from FY 2024). Net income: NT$66.4m (up 1.3% from FY 2024). Profit margin: 3.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x 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 (2.5x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$36.7m).
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.35 in 3Q 2024). Revenue: NT$543.2m (flat on 3Q 2024). Net income: NT$20.3m (up 85% from 3Q 2024). Profit margin: 3.7% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.38 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.38 in 1Q 2025). Revenue: NT$531.1m (up 1.5% from 1Q 2025). Net income: NT$12.4m (up 5.4% from 1Q 2025). Profit margin: 2.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 35% 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.
New Risk • Apr 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks High level of debt (47% net debt to equity). Dividend is not well covered by earnings (90% payout ratio). Market cap is less than US$100m (NT$1.21b market cap, or US$38.4m).
お知らせ • Mar 16Bausen Inc., Annual General Meeting, Jun 09, 2026Bausen Inc., Annual General Meeting, Jun 09, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.14 (vs NT$2.12 in FY 2024)Full year 2025 results: EPS: NT$2.14 (up from NT$2.12 in FY 2024). Revenue: NT$2.14b (up 1.8% from FY 2024). Net income: NT$66.4m (up 1.3% from FY 2024). Profit margin: 3.1% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.5x 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 (2.5x net interest cover). Earnings have declined by 13% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$1.15b market cap, or US$36.7m).
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.66 (vs NT$0.35 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.66 (up from NT$0.35 in 3Q 2024). Revenue: NT$543.2m (flat on 3Q 2024). Net income: NT$20.3m (up 85% from 3Q 2024). Profit margin: 3.7% (up from 2.0% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Sep 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.05, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 20x in the Building industry in Taiwan. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.60 (vs NT$0.57 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.60 (up from NT$0.57 in 2Q 2024). Revenue: NT$561.9m (up 6.8% from 2Q 2024). Net income: NT$17.9m (up 2.0% from 2Q 2024). Profit margin: 3.2% (down from 3.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 45% 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.
Declared Dividend • Jul 26Dividend of NT$1.82 announcedShareholders will receive a dividend of NT$1.82. Ex-date: 8th August 2025 Payment date: 29th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 3.6%. Sustainability & Growth Dividend is not adequately covered by earnings (93% earnings payout ratio) and 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 3.0% per year over the past 4 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 3.7% to bring the payout ratio under control. However, EPS has declined by 4.0% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 16First quarter 2025 earnings released: EPS: NT$0.39 (vs NT$0.63 in 1Q 2024)First quarter 2025 results: EPS: NT$0.39 (down from NT$0.63 in 1Q 2024). Revenue: NT$523.4m (up 5.3% from 1Q 2024). Net income: NT$11.8m (down 38% from 1Q 2024). Profit margin: 2.3% (down from 3.8% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 41% 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.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.19 (vs NT$3.98 in FY 2023)Full year 2024 results: EPS: NT$2.19 (down from NT$3.98 in FY 2023). Revenue: NT$2.10b (down 3.8% from FY 2023). Net income: NT$65.6m (down 39% from FY 2023). Profit margin: 3.1% (down from 4.9% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 14Bausen Inc., Annual General Meeting, Jun 16, 2025Bausen Inc., Annual General Meeting, Jun 16, 2025, at 10:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
Buy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 19% to NT$46.00. The fair value is estimated to be NT$38.08, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 31%.
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.79 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.37 (down from NT$0.79 in 3Q 2023). Revenue: NT$543.8m (down 6.1% from 3Q 2023). Net income: NT$11.0m (down 48% from 3Q 2023). Profit margin: 2.0% (down from 3.6% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.63 (vs NT$1.68 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.63 (down from NT$1.68 in 2Q 2023). Revenue: NT$526.1m (down 8.6% from 2Q 2023). Net income: NT$17.6m (down 61% from 2Q 2023). Profit margin: 3.3% (down from 7.7% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 01Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 08 August 2024. Payment date: 30 August 2024. Payout ratio is a comfortable 67% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.7%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.68 (vs NT$1.03 in 1Q 2023)First quarter 2024 results: EPS: NT$0.68 (down from NT$1.03 in 1Q 2023). Revenue: NT$497.2m (down 3.4% from 1Q 2023). Net income: NT$18.9m (down 26% from 1Q 2023). Profit margin: 3.8% (down from 4.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% 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.
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$4.26 (vs NT$6.23 in FY 2022)Full year 2023 results: EPS: NT$4.26 (down from NT$6.23 in FY 2022). Revenue: NT$2.19b (down 3.8% from FY 2022). Net income: NT$106.6m (down 27% from FY 2022). Profit margin: 4.9% (down from 6.5% in FY 2022). 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 whereas the company’s share price has fallen by 3% per year.
お知らせ • Mar 15Bausen Inc., Annual General Meeting, Jun 24, 2024Bausen Inc., Annual General Meeting, Jun 24, 2024.
New Risk • Feb 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.5% Last year net profit margin: 7.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (166% cash payout ratio). Profit margins are more than 30% lower than last year (4.5% net profit margin). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$1.76b market cap, or US$56.1m).
New Risk • Jan 06New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor 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: Minor Risks Dividend is not well covered by cash flows (147% cash payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$1.95b market cap, or US$63.0m).
New Risk • Nov 08New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risks Dividend is not well covered by cash flows (137% cash payout ratio). Shareholders have been diluted in the past year (6.4% increase in shares outstanding). Market cap is less than US$100m (NT$2.57b market cap, or US$79.7m).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$105, the stock trades at a trailing P/E ratio of 20.7x. Average trailing P/E is 21x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 37% over the past year.
Upcoming Dividend • Aug 02Upcoming dividend of NT$3.00 per share at 3.6% yieldEligible shareholders must have bought the stock before 09 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (1.0%).
Reported Earnings • Apr 27Full year 2022 earnings released: EPS: NT$6.23 (vs NT$6.93 in FY 2021)Full year 2022 results: EPS: NT$6.23 (down from NT$6.93 in FY 2021). Revenue: NT$2.27b (up 14% from FY 2021). Net income: NT$146.7m (down 4.9% from FY 2021). Profit margin: 6.5% (down from 7.7% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$91.50, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 18x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 32% over the past year.
Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$4.11 (vs NT$3.78 in 1H 2021)First half 2022 results: EPS: NT$4.11 (up from NT$3.78 in 1H 2021). Revenue: NT$1.14b (up 19% from 1H 2021). Net income: NT$91.2m (up 9.6% from 1H 2021). Profit margin: 8.0% (down from 8.6% in 1H 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Aug 04Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 11 August 2022. Payment date: 31 August 2022. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (3.8%).
Reported Earnings • Apr 28Full year 2021 earnings released: EPS: NT$7.28 (vs NT$4.55 in FY 2020)Full year 2021 results: EPS: NT$7.28 (up from NT$4.55 in FY 2020). Revenue: NT$2.00b (up 43% from FY 2020). Net income: NT$154.3m (up 69% from FY 2020). Profit margin: 7.7% (up from 6.5% in FY 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$3.97 (vs NT$1.52 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$963.4m (up 69% from 1H 2020). Net income: NT$83.2m (up 176% from 1H 2020). Profit margin: 8.6% (up from 5.3% in 1H 2020). The increase in margin was driven by higher revenue.
分析記事 • Apr 21Bausen Inc.'s (GTSM:2948) Business And Shares Still Trailing The MarketBausen Inc.'s ( GTSM:2948 ) price-to-earnings (or "P/E") ratio of 18.6x might make it look like a buy right now...
Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$5.00 (vs NT$2.46 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.40b (up 37% from FY 2019). Net income: NT$91.3m (up 127% from FY 2019). Profit margin: 6.5% (up from 3.9% in FY 2019). The increase in margin was driven by higher revenue.
お知らせ • Mar 20Bausen Inc., Annual General Meeting, Jun 08, 2021Bausen Inc., Annual General Meeting, Jun 08, 2021.
Is New 90 Day High Low • Mar 11New 90-day high: NT$85.30The company is up 74% from its price of NT$49.00 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 12% over the same period.
分析記事 • Mar 10Why Bausen Inc. (GTSM:2948) Looks Like A Quality CompanyMany investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$85.20, the stock is trading at a trailing P/E ratio of 24.9x, up from the previous P/E ratio of 20.8x. This compares to an average P/E of 45x in the Building industry in Taiwan.
Valuation Update With 7 Day Price Move • Jan 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$60.00, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 14.6x. This compares to an average P/E of 42x in the Building industry in Taiwan.
