View ValuationTech-Top Engineering 将来の成長Future 基準チェック /06現在、 Tech-Top Engineeringの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Construction 収益成長13.5%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$71.50, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 261% over the past three years.お知らせ • Mar 27Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2026Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2026. Location: 1 floor no,171, chien pa rd., jhonghe district, new taipei city TaiwanValuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$68.80, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 255% over the past three years.New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (NT$2.58b market cap, or US$82.2m).New Risk • Jan 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (65% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$2.16b market cap, or US$68.4m).Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$46.55, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 154% over the past three years.New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (65% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.89b market cap, or US$60.3m).New Risk • Sep 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (65% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.94b market cap, or US$64.0m).Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 118% over the past three years.Reported Earnings • Aug 17First half 2025 earnings released: EPS: NT$2.02 (vs NT$1.73 in 1H 2024)First half 2025 results: EPS: NT$2.02 (up from NT$1.73 in 1H 2024). Revenue: NT$2.57b (up 76% from 1H 2024). Net income: NT$87.4m (up 52% from 1H 2024). Profit margin: 3.4% (down from 3.9% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year.Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 4th July 2025 Payment date: 31st July 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (55% 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 35% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 53% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (53% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$1.73b market cap, or US$57.3m).Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$35.60, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 51% over the past three years.お知らせ • Apr 01Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2025Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2025, at 09:30 Taipei Standard Time. Location: 4 floor no,9, wu kung 6th rd., wugu district, new taipei city TaiwanNew Risk • Mar 18New 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 7.7% 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 Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 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$2.04b market cap, or US$61.9m).New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 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 (7.4% average weekly change). Market cap is less than US$100m (NT$1.81b market cap, or US$54.9m).New Risk • Feb 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). 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 (7.4% average weekly change). Market cap is less than US$100m (NT$1.80b market cap, or US$54.8m).New Risk • Jan 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.5% average weekly change). Market cap is less than US$100m (NT$1.50b market cap, or US$45.9m).Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$41.30, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 76% over the past three years.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$34.85, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 51% over the past three years.Upcoming Dividend • Jul 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.4%).New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.6% average weekly change). Market cap is less than US$100m (NT$929.8m market cap, or US$28.8m).Reported Earnings • May 04Full year 2023 earnings released: EPS: NT$1.66 (vs NT$1.81 in FY 2022)Full year 2023 results: EPS: NT$1.66 (down from NT$1.81 in FY 2022). Revenue: NT$2.86b (down 8.6% from FY 2022). Net income: NT$55.1m (down 8.2% from FY 2022). Profit margin: 1.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Mar 30Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 20, 2024Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 20, 2024.New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$773.7m market cap, or US$24.5m).Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$0.60 (vs NT$0.78 in 1H 2022)First half 2023 results: EPS: NT$0.60 (down from NT$0.78 in 1H 2022). Revenue: NT$1.35b (up 20% from 1H 2022). Net income: NT$21.0m (down 19% from 1H 2022). Profit margin: 1.6% (down from 2.3% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.Upcoming Dividend • Jul 26Upcoming dividend of NT$0.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (5.5%).Upcoming Dividend • Nov 01Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 30 November 2022. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 7.1%. Lower than top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (6.1%).Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.10, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 47% over the past year.Upcoming Dividend • Aug 04Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 03 September 2021. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).分析記事 • Mar 11Here's What You Should Know About Tech-Top Engineering CO., LTD's (GTSM:6750) 1.8% Dividend YieldCould Tech-Top Engineering CO., LTD ( GTSM:6750 ) be an attractive dividend share to own for the long haul? Investors...Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.10, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 30.3x. This compares to an average P/E of 17x in the Construction industry in Taiwan. Total returns to shareholders over the past year are 67%.Is New 90 Day High Low • Feb 20New 90-day low: NT$19.90The company is down 2.0% from its price of NT$20.30 on 20 November 2020. The Taiwanese market is up 19% 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 • Jan 13Here’s What’s Happening With Returns At Tech-Top Engineering (GTSM:6750)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...Is New 90 Day High Low • Jan 12New 90-day high: NT$21.20The company is up 4.0% from its price of NT$20.35 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 2.0% over the same period.分析記事 • Dec 10Should Weakness in Tech-Top Engineering CO., LTD's (GTSM:6750) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?With its stock down 3.8% over the past three months, it is easy to disregard Tech-Top Engineering (GTSM:6750). However... このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Tech-Top Engineering は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6750 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20254,61621898137N/A6/30/20254,707154-379-292N/A3/31/20254,151139-346-213N/A12/31/20243,595124-312-134N/A6/30/20242,96390387495N/A3/31/20242,90872342400N/A12/31/20232,85354297305N/A9/30/20233,10355179193N/A6/30/20233,353566181N/A3/31/20233,2395969100N/A12/31/20223,1256278119N/A9/30/20222,81564-333N/A6/30/20222,50566-143-113N/A3/31/20222,80679-141-6N/A12/31/20213,10892-140102N/A6/30/20213,11511725263N/A3/31/20212,5548725150N/A12/31/20201,992582436N/A6/30/20201,27010-81-73N/A3/31/20201,28522-95-58N/A12/31/20191,30134-108-42N/A9/30/20191,51357N/A46N/A6/30/20191,72680N/A135N/A3/31/20191,68766N/A173N/A12/31/20181,64853N/A210N/A12/31/20171,100-33N/A-122N/A12/31/20161,389-31N/A35N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6750の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6750の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6750の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6750の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6750の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6750の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/20 02:03終値2026/05/20 00:00収益2025/12/31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Tech-Top 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
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$71.50, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 261% over the past three years.
お知らせ • Mar 27Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2026Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2026. Location: 1 floor no,171, chien pa rd., jhonghe district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$68.80, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 255% over the past three years.
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (58% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.3% average weekly change). Market cap is less than US$100m (NT$2.58b market cap, or US$82.2m).
New Risk • Jan 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (65% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$2.16b market cap, or US$68.4m).
Valuation Update With 7 Day Price Move • Jan 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$46.55, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 154% over the past three years.
New Risk • Dec 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (65% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.89b market cap, or US$60.3m).
New Risk • Sep 11New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (65% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.94b market cap, or US$64.0m).
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 118% over the past three years.
Reported Earnings • Aug 17First half 2025 earnings released: EPS: NT$2.02 (vs NT$1.73 in 1H 2024)First half 2025 results: EPS: NT$2.02 (up from NT$1.73 in 1H 2024). Revenue: NT$2.57b (up 76% from 1H 2024). Net income: NT$87.4m (up 52% from 1H 2024). Profit margin: 3.4% (down from 3.9% in 1H 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year and the company’s share price has also increased by 31% per year.
Declared Dividend • Jun 23Dividend increased to NT$2.00Dividend of NT$2.00 is 67% higher than last year. Ex-date: 4th July 2025 Payment date: 31st July 2025 Dividend yield will be 3.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (55% 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 35% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 53% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (53% accrual ratio). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$1.73b market cap, or US$57.3m).
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$35.60, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 51% over the past three years.
お知らせ • Apr 01Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2025Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 18, 2025, at 09:30 Taipei Standard Time. Location: 4 floor no,9, wu kung 6th rd., wugu district, new taipei city Taiwan
New Risk • Mar 18New 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 7.7% 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 Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 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$2.04b market cap, or US$61.9m).
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). 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 (7.4% average weekly change). Market cap is less than US$100m (NT$1.81b market cap, or US$54.9m).
New Risk • Feb 11New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). 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 (7.4% average weekly change). Market cap is less than US$100m (NT$1.80b market cap, or US$54.8m).
New Risk • Jan 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.5% average weekly change). Market cap is less than US$100m (NT$1.50b market cap, or US$45.9m).
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$41.30, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$34.85, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 18x in the Construction industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Upcoming Dividend • Jul 09Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 72% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.4%).
New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: 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 (6.6% average weekly change). Market cap is less than US$100m (NT$929.8m market cap, or US$28.8m).
Reported Earnings • May 04Full year 2023 earnings released: EPS: NT$1.66 (vs NT$1.81 in FY 2022)Full year 2023 results: EPS: NT$1.66 (down from NT$1.81 in FY 2022). Revenue: NT$2.86b (down 8.6% from FY 2022). Net income: NT$55.1m (down 8.2% from FY 2022). Profit margin: 1.9% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 30Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 20, 2024Tech-Top Engineering CO., LTD, Annual General Meeting, Jun 20, 2024.
New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.6% net profit margin). Market cap is less than US$100m (NT$773.7m market cap, or US$24.5m).
Reported Earnings • Aug 14First half 2023 earnings released: EPS: NT$0.60 (vs NT$0.78 in 1H 2022)First half 2023 results: EPS: NT$0.60 (down from NT$0.78 in 1H 2022). Revenue: NT$1.35b (up 20% from 1H 2022). Net income: NT$21.0m (down 19% from 1H 2022). Profit margin: 1.6% (down from 2.3% in 1H 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat.
Upcoming Dividend • Jul 26Upcoming dividend of NT$0.50 per share at 2.5% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 25 August 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (5.5%).
Upcoming Dividend • Nov 01Upcoming dividend of NT$1.60 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 30 November 2022. Payout ratio is on the higher end at 78% but the company is not cash flow positive. Trailing yield: 7.1%. Lower than top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (6.1%).
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.10, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 47% over the past year.
Upcoming Dividend • Aug 04Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 03 September 2021. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).
分析記事 • Mar 11Here's What You Should Know About Tech-Top Engineering CO., LTD's (GTSM:6750) 1.8% Dividend YieldCould Tech-Top Engineering CO., LTD ( GTSM:6750 ) be an attractive dividend share to own for the long haul? Investors...
Valuation Update With 7 Day Price Move • Feb 27Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$23.10, the stock is trading at a trailing P/E ratio of 35x, up from the previous P/E ratio of 30.3x. This compares to an average P/E of 17x in the Construction industry in Taiwan. Total returns to shareholders over the past year are 67%.
Is New 90 Day High Low • Feb 20New 90-day low: NT$19.90The company is down 2.0% from its price of NT$20.30 on 20 November 2020. The Taiwanese market is up 19% 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 • Jan 13Here’s What’s Happening With Returns At Tech-Top Engineering (GTSM:6750)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Ideally, a business will show two...
Is New 90 Day High Low • Jan 12New 90-day high: NT$21.20The company is up 4.0% from its price of NT$20.35 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 2.0% over the same period.
分析記事 • Dec 10Should Weakness in Tech-Top Engineering CO., LTD's (GTSM:6750) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?With its stock down 3.8% over the past three months, it is easy to disregard Tech-Top Engineering (GTSM:6750). However...