View Financial HealthKing Polytechnic Engineering 配当と自社株買い配当金 基準チェック /36King Polytechnic Engineering配当を支払う会社であり、現在の利回りは7.15%で、収益によって十分にカバーされています。主要情報7.2%配当利回り2.2%バイバック利回り総株主利回り9.3%将来の配当利回りn/a配当成長41.6%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向71%最近の配当と自社株買いの更新Upcoming Dividend • Aug 05Upcoming dividend of NT$3.27 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).Declared Dividend • Jul 10Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 12th August 2025 Payment date: 10th September 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Aug 16Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.6%).Declared Dividend • Aug 07Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 20th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Aug 22Upcoming dividend of NT$0.90 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.5%).Upcoming Dividend • Sep 27Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (5.9%).すべての更新を表示Recent updatesReported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.13 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.13 in 1Q 2025). Revenue: NT$841.0m (down 8.3% from 1Q 2025). Net income: NT$78.6m (down 11% from 1Q 2025). Profit margin: 9.4% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.78 (vs NT$4.41 in FY 2024)Full year 2025 results: EPS: NT$4.78 (up from NT$4.41 in FY 2024). Revenue: NT$4.19b (up 1.4% from FY 2024). Net income: NT$368.9m (up 7.2% from FY 2024). Profit margin: 8.8% (up from 8.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 10King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 23, 2026King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: 4 floor no,2-1, sec.1 chi nan rd., taipei city TaiwanBuy Or Sell Opportunity • Jan 20Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$62.50. The fair value is estimated to be NT$50.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%.New Risk • Nov 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (76% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: NT$1.23 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.23 (up from NT$1.18 in 3Q 2024). Revenue: NT$1.03b (down 1.7% from 3Q 2024). Net income: NT$94.1m (up 1.8% from 3Q 2024). Profit margin: 9.1% (up from 8.8% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.35 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.08 (down from NT$1.35 in 2Q 2024). Revenue: NT$1.06b (up 2.5% from 2Q 2024). Net income: NT$84.1m (down 20% from 2Q 2024). Profit margin: 7.9% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 05Upcoming dividend of NT$3.27 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).Declared Dividend • Jul 10Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 12th August 2025 Payment date: 10th September 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$1.13 (vs NT$0.91 in 1Q 2024)First quarter 2025 results: EPS: NT$1.13 (up from NT$0.91 in 1Q 2024). Revenue: NT$917.1m (down 7.4% from 1Q 2024). Net income: NT$88.4m (up 25% from 1Q 2024). Profit margin: 9.6% (up from 7.1% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 51% per year.お知らせ • Apr 23King Polytechnic Engineering Co., Ltd. to Report Q1, 2025 Results on May 05, 2025King Polytechnic Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$38.00, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 146% over the past three years.New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.30b (US$99.7m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.30b market cap, or US$99.7m).Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$4.41 (vs NT$5.00 in FY 2023)Full year 2024 results: EPS: NT$4.41 (down from NT$5.00 in FY 2023). Revenue: NT$4.13b (down 22% from FY 2023). Net income: NT$344.2m (down 12% from FY 2023). Profit margin: 8.3% (up from 7.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 51% per year.お知らせ • Mar 11+ 1 more updateKing Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 16, 2025King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 16, 2025. Location: 4 floor no,2-1, sec.1 chi nan rd., taipei city Taiwanお知らせ • Mar 01King Polytechnic Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025King Polytechnic Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$1.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$1.51 in 3Q 2023). Revenue: NT$1.05b (down 23% from 3Q 2023). Net income: NT$92.4m (down 22% from 3Q 2023). Profit margin: 8.8% (up from 8.6% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 71% per year.お知らせ • Oct 23King Polytechnic Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024Upcoming Dividend • Aug 16Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.6%).Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.42 (vs NT$1.01 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.42 (up from NT$1.01 in 2Q 2023). Revenue: NT$1.03b (down 20% from 2Q 2023). Net income: NT$105.4m (up 40% from 2Q 2023). Profit margin: 10% (up from 5.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year and the company’s share price has also increased by 79% per year.Declared Dividend • Aug 07Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 20th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jul 27King Polytechnic Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024Buy Or Sell Opportunity • Jun 07Now 20% overvaluedOver the last 90 days, the stock has fallen 8.3% to NT$59.40. The fair value is estimated to be NT$49.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 87%.Buy Or Sell Opportunity • May 23Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to NT$59.20. The fair value is estimated to be NT$49.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 87%.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.95 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$0.95 (up from NT$0.78 in 1Q 2023). Revenue: NT$990.1m (down 2.2% from 1Q 2023). Net income: NT$70.7m (up 22% from 1Q 2023). Profit margin: 7.1% (up from 5.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Apr 29Now 23% overvaluedOver the last 90 days, the stock has fallen 2.7% to NT$60.70. The fair value is estimated to be NT$49.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 91%.お知らせ • Apr 25King Polytechnic Engineering Co., Ltd. to Report Q1, 2024 Results on May 06, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$5.25 (vs NT$1.74 in FY 2022)Full year 2023 results: EPS: NT$5.25 (up from NT$1.74 in FY 2022). Revenue: NT$5.31b (up 116% from FY 2022). Net income: NT$390.7m (up 203% from FY 2022). Profit margin: 7.4% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 85% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14+ 1 more updateKing Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 19, 2024King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 19, 2024. Location: 4F, No. 2-1, Sec. 1, Ji'nan Rd. Taipei City Taiwan Agenda: To consider 2023 Business Report and 2024 Business Plan; to consider audit Committee's review report on the 2023 financial statements; to consider Report on the 2023 Total Endorsement and Guarantee Liabilities; to consider 2023 Employees' Compensation and Directors' Remuneration Distribution Report; and to consider other issues.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 463% over the past three years.New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$97.1m) 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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$3.14b market cap, or US$97.1m).Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$44.75, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 328% over the past three years.Upcoming Dividend • Aug 22Upcoming dividend of NT$0.90 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.5%).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$1.04 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.04 (up from NT$0.42 in 2Q 2022). Revenue: NT$1.29b (up 131% from 2Q 2022). Net income: NT$75.3m (up 149% from 2Q 2022). Profit margin: 5.9% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$44.45, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 276% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$33.05, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 161% over the past three years.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$1.79 (vs NT$0.77 in FY 2021)Full year 2022 results: EPS: NT$1.79 (up from NT$0.77 in FY 2021). Revenue: NT$2.46b (up 37% from FY 2021). Net income: NT$129.0m (up 132% from FY 2021). Profit margin: 5.2% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$23.95, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 113% over the past three years.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.45 (up from NT$0.21 in 3Q 2021). Revenue: NT$541.5m (up 16% from 3Q 2021). Net income: NT$32.0m (up 118% from 3Q 2021). Profit margin: 5.9% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 27Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (5.9%).Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.061 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (up from NT$0.061 in 2Q 2021). Revenue: NT$557.8m (up 42% from 2Q 2021). Net income: NT$30.2m (up NT$26.0m from 2Q 2021). Profit margin: 5.4% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$18.90, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total returns to shareholders of 96% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.022 in 1Q 2021)First quarter 2022 results: EPS: NT$0.35 (up from NT$0.022 in 1Q 2021). Revenue: NT$505.0m (up 66% from 1Q 2021). Net income: NT$24.5m (up NT$22.9m from 1Q 2021). Profit margin: 4.9% (up from 0.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$19.00, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 98% over the past three years.Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.79 (up from NT$0.23 in FY 2020). Revenue: NT$1.80b (down 2.2% from FY 2020). Net income: NT$55.7m (up 248% from FY 2020). Profit margin: 3.1% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Upcoming Dividend • Sep 10Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 20 October 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.9%).Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.17 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$392.6m (down 8.9% from 2Q 2020). Net income: NT$4.29m (down 65% from 2Q 2020). Profit margin: 1.1% (down from 2.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.11 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$303.5m (down 62% from 1Q 2020). Net income: NT$1.58m (down 80% from 1Q 2020). Profit margin: 0.5% (down from 1.0% in 1Q 2020). The decrease in margin was driven by lower revenue. 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 8% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 20Investors Will Want King Polytechnic Engineering's (GTSM:6122) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$0.23 (vs NT$2.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.84b (down 4.7% from FY 2019). Net income: NT$16.0m (down 91% from FY 2019). Profit margin: 0.9% (down from 8.7% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 16We Think King Polytechnic Engineering (GTSM:6122) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Feb 18New 90-day low: NT$11.35The company is down 3.0% from its price of NT$11.65 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 1.0% over the same period.分析記事 • Feb 09Should King Polytechnic Engineering Co., Ltd. (GTSM:6122) Be Part Of Your Dividend Portfolio?Is King Polytechnic Engineering Co., Ltd. ( GTSM:6122 ) a good dividend stock? How can we tell? Dividend paying...分析記事 • Jan 05Returns On Capital - An Important Metric For King Polytechnic Engineering (GTSM:6122)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Is New 90 Day High Low • Dec 12New 90-day low: NT$11.40The company is down 8.0% from its price of NT$12.35 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 1.0% over the same period.分析記事 • Nov 30King Polytechnic Engineering (GTSM:6122) Has A Rock Solid Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Is New 90 Day High Low • Nov 20New 90-day low: NT$11.65The company is down 10.0% from its price of NT$13.01 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.14 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$317.4m (down 19% from 3Q 2019). Net loss: NT$9.87m (down NT$11.8m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Oct 31New 90-day low: NT$11.70The company is down 9.0% from its price of NT$12.82 on 31 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.Is New 90 Day High Low • Sep 22New 90-day low: NT$12.15The company is down 9.0% from its price of NT$13.30 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.決済の安定と成長配当データの取得安定した配当: 6122は 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: 6122の配当金は増加していますが、同社は6年間しか配当金を支払っていません。配当利回り対市場King Polytechnic Engineering 配当利回り対市場6122 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (6122)7.2%市場下位25% (TW)1.5%市場トップ25% (TW)5.1%業界平均 (Construction)3.6%アナリスト予想 (6122) (最長3年)n/a注目すべき配当: 6122の配当金 ( 7.15% ) はTW市場の配当金支払者の下位 25% ( 1.48% ) よりも高くなっています。高配当: 6122の配当金 ( 7.15% ) はTW市場 ( 5.06% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 6122の配当金は、合理的な 配当性向 ( 70.7% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 6122は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/05/21 10:50終値2026/05/21 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King Polytechnic Engineering Co., Ltd. 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
Upcoming Dividend • Aug 05Upcoming dividend of NT$3.27 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).
Declared Dividend • Jul 10Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 12th August 2025 Payment date: 10th September 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Aug 16Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.6%).
Declared Dividend • Aug 07Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 20th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Aug 22Upcoming dividend of NT$0.90 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.5%).
Upcoming Dividend • Sep 27Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (5.9%).
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.13 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.13 in 1Q 2025). Revenue: NT$841.0m (down 8.3% from 1Q 2025). Net income: NT$78.6m (down 11% from 1Q 2025). Profit margin: 9.4% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$4.78 (vs NT$4.41 in FY 2024)Full year 2025 results: EPS: NT$4.78 (up from NT$4.41 in FY 2024). Revenue: NT$4.19b (up 1.4% from FY 2024). Net income: NT$368.9m (up 7.2% from FY 2024). Profit margin: 8.8% (up from 8.3% in FY 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 10King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 23, 2026King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: 4 floor no,2-1, sec.1 chi nan rd., taipei city Taiwan
Buy Or Sell Opportunity • Jan 20Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 36% to NT$62.50. The fair value is estimated to be NT$50.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 28%.
New Risk • Nov 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (76% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 05Third quarter 2025 earnings released: EPS: NT$1.23 (vs NT$1.18 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.23 (up from NT$1.18 in 3Q 2024). Revenue: NT$1.03b (down 1.7% from 3Q 2024). Net income: NT$94.1m (up 1.8% from 3Q 2024). Profit margin: 9.1% (up from 8.8% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$1.08 (vs NT$1.35 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.08 (down from NT$1.35 in 2Q 2024). Revenue: NT$1.06b (up 2.5% from 2Q 2024). Net income: NT$84.1m (down 20% from 2Q 2024). Profit margin: 7.9% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 05Upcoming dividend of NT$3.27 per shareEligible shareholders must have bought the stock before 12 August 2025. Payment date: 10 September 2025. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.7%).
Declared Dividend • Jul 10Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 12th August 2025 Payment date: 10th September 2025 Dividend yield will be 6.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 49% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 43% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$1.13 (vs NT$0.91 in 1Q 2024)First quarter 2025 results: EPS: NT$1.13 (up from NT$0.91 in 1Q 2024). Revenue: NT$917.1m (down 7.4% from 1Q 2024). Net income: NT$88.4m (up 25% from 1Q 2024). Profit margin: 9.6% (up from 7.1% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year whereas the company’s share price has increased by 51% per year.
お知らせ • Apr 23King Polytechnic Engineering Co., Ltd. to Report Q1, 2025 Results on May 05, 2025King Polytechnic Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$38.00, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 146% over the past three years.
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.30b (US$99.7m) 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.30b market cap, or US$99.7m).
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$4.41 (vs NT$5.00 in FY 2023)Full year 2024 results: EPS: NT$4.41 (down from NT$5.00 in FY 2023). Revenue: NT$4.13b (down 22% from FY 2023). Net income: NT$344.2m (down 12% from FY 2023). Profit margin: 8.3% (up from 7.4% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 56% per year whereas the company’s share price has increased by 51% per year.
お知らせ • Mar 11+ 1 more updateKing Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 16, 2025King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 16, 2025. Location: 4 floor no,2-1, sec.1 chi nan rd., taipei city Taiwan
お知らせ • Mar 01King Polytechnic Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025King Polytechnic Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$1.18 (vs NT$1.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.18 (down from NT$1.51 in 3Q 2023). Revenue: NT$1.05b (down 23% from 3Q 2023). Net income: NT$92.4m (down 22% from 3Q 2023). Profit margin: 8.8% (up from 8.6% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year whereas the company’s share price has increased by 71% per year.
お知らせ • Oct 23King Polytechnic Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024
Upcoming Dividend • Aug 16Upcoming dividend of NT$3.20 per shareEligible shareholders must have bought the stock before 20 August 2024. Payment date: 13 September 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.6%).
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$1.42 (vs NT$1.01 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.42 (up from NT$1.01 in 2Q 2023). Revenue: NT$1.03b (down 20% from 2Q 2023). Net income: NT$105.4m (up 40% from 2Q 2023). Profit margin: 10% (up from 5.9% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year and the company’s share price has also increased by 79% per year.
Declared Dividend • Aug 07Dividend of NT$3.20 announcedShareholders will receive a dividend of NT$3.20. Ex-date: 20th August 2024 Payment date: 13th September 2024 Dividend yield will be 5.8%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (59% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jul 27King Polytechnic Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024
Buy Or Sell Opportunity • Jun 07Now 20% overvaluedOver the last 90 days, the stock has fallen 8.3% to NT$59.40. The fair value is estimated to be NT$49.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 87%.
Buy Or Sell Opportunity • May 23Now 20% overvaluedOver the last 90 days, the stock has fallen 5.3% to NT$59.20. The fair value is estimated to be NT$49.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 50% over the last 3 years. Earnings per share has grown by 87%.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.95 (vs NT$0.78 in 1Q 2023)First quarter 2024 results: EPS: NT$0.95 (up from NT$0.78 in 1Q 2023). Revenue: NT$990.1m (down 2.2% from 1Q 2023). Net income: NT$70.7m (up 22% from 1Q 2023). Profit margin: 7.1% (up from 5.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 81% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Apr 29Now 23% overvaluedOver the last 90 days, the stock has fallen 2.7% to NT$60.70. The fair value is estimated to be NT$49.17, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 45% over the last 3 years. Earnings per share has grown by 91%.
お知らせ • Apr 25King Polytechnic Engineering Co., Ltd. to Report Q1, 2024 Results on May 06, 2024King Polytechnic Engineering Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$5.25 (vs NT$1.74 in FY 2022)Full year 2023 results: EPS: NT$5.25 (up from NT$1.74 in FY 2022). Revenue: NT$5.31b (up 116% from FY 2022). Net income: NT$390.7m (up 203% from FY 2022). Profit margin: 7.4% (up from 5.2% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 85% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14+ 1 more updateKing Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 19, 2024King Polytechnic Engineering Co., Ltd., Annual General Meeting, Jun 19, 2024. Location: 4F, No. 2-1, Sec. 1, Ji'nan Rd. Taipei City Taiwan Agenda: To consider 2023 Business Report and 2024 Business Plan; to consider audit Committee's review report on the 2023 financial statements; to consider Report on the 2023 Total Endorsement and Guarantee Liabilities; to consider 2023 Employees' Compensation and Directors' Remuneration Distribution Report; and to consider other issues.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 463% over the past three years.
New Risk • Oct 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$97.1m) 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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (NT$3.14b market cap, or US$97.1m).
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$44.75, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 328% over the past three years.
Upcoming Dividend • Aug 22Upcoming dividend of NT$0.90 per share at 2.0% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.5%).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$1.04 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.04 (up from NT$0.42 in 2Q 2022). Revenue: NT$1.29b (up 131% from 2Q 2022). Net income: NT$75.3m (up 149% from 2Q 2022). Profit margin: 5.9% (up from 5.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$44.45, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 276% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$33.05, the stock trades at a trailing P/E ratio of 18.5x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 161% over the past three years.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$1.79 (vs NT$0.77 in FY 2021)Full year 2022 results: EPS: NT$1.79 (up from NT$0.77 in FY 2021). Revenue: NT$2.46b (up 37% from FY 2021). Net income: NT$129.0m (up 132% from FY 2021). Profit margin: 5.2% (up from 3.1% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$23.95, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 113% over the past three years.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$0.45 (vs NT$0.21 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.45 (up from NT$0.21 in 3Q 2021). Revenue: NT$541.5m (up 16% from 3Q 2021). Net income: NT$32.0m (up 118% from 3Q 2021). Profit margin: 5.9% (up from 3.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 27Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 04 October 2022. Payment date: 01 November 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (5.9%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.061 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (up from NT$0.061 in 2Q 2021). Revenue: NT$557.8m (up 42% from 2Q 2021). Net income: NT$30.2m (up NT$26.0m from 2Q 2021). Profit margin: 5.4% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$18.90, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.022 in 1Q 2021)First quarter 2022 results: EPS: NT$0.35 (up from NT$0.022 in 1Q 2021). Revenue: NT$505.0m (up 66% from 1Q 2021). Net income: NT$24.5m (up NT$22.9m from 1Q 2021). Profit margin: 4.9% (up from 0.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Apr 06Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$19.00, the stock trades at a trailing P/E ratio of 24.1x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 98% over the past three years.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.79 (up from NT$0.23 in FY 2020). Revenue: NT$1.80b (down 2.2% from FY 2020). Net income: NT$55.7m (up 248% from FY 2020). Profit margin: 3.1% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Upcoming Dividend • Sep 10Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 20 October 2021. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.9%).
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.17 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$392.6m (down 8.9% from 2Q 2020). Net income: NT$4.29m (down 65% from 2Q 2020). Profit margin: 1.1% (down from 2.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.11 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$303.5m (down 62% from 1Q 2020). Net income: NT$1.58m (down 80% from 1Q 2020). Profit margin: 0.5% (down from 1.0% in 1Q 2020). The decrease in margin was driven by lower revenue. 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 8% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 20Investors Will Want King Polytechnic Engineering's (GTSM:6122) Growth In ROCE To PersistWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Mar 25Full year 2020 earnings released: EPS NT$0.23 (vs NT$2.37 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.84b (down 4.7% from FY 2019). Net income: NT$16.0m (down 91% from FY 2019). Profit margin: 0.9% (down from 8.7% in FY 2019). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 16We Think King Polytechnic Engineering (GTSM:6122) Can Manage Its Debt With EaseSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Feb 18New 90-day low: NT$11.35The company is down 3.0% from its price of NT$11.65 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is down 1.0% over the same period.
分析記事 • Feb 09Should King Polytechnic Engineering Co., Ltd. (GTSM:6122) Be Part Of Your Dividend Portfolio?Is King Polytechnic Engineering Co., Ltd. ( GTSM:6122 ) a good dividend stock? How can we tell? Dividend paying...
分析記事 • Jan 05Returns On Capital - An Important Metric For King Polytechnic Engineering (GTSM:6122)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Is New 90 Day High Low • Dec 12New 90-day low: NT$11.40The company is down 8.0% from its price of NT$12.35 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 1.0% over the same period.
分析記事 • Nov 30King Polytechnic Engineering (GTSM:6122) Has A Rock Solid Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Is New 90 Day High Low • Nov 20New 90-day low: NT$11.65The company is down 10.0% from its price of NT$13.01 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.
Reported Earnings • Nov 10Third quarter 2020 earnings released: NT$0.14 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$317.4m (down 19% from 3Q 2019). Net loss: NT$9.87m (down NT$11.8m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Oct 31New 90-day low: NT$11.70The company is down 9.0% from its price of NT$12.82 on 31 July 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Sep 22New 90-day low: NT$12.15The company is down 9.0% from its price of NT$13.30 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 9.0% over the same period.