View Future GrowthTech-Top Engineering 過去の業績過去 基準チェック /66Tech-Top Engineeringは、平均年間18.7%の収益成長を遂げていますが、 Construction業界の収益は、年間 成長しています。収益は、平均年間10.9% 11.8%収益成長率で 成長しています。 Tech-Top Engineeringの自己資本利益率は20.7%であり、純利益率は4.7%です。主要情報18.69%収益成長率9.23%EPS成長率Construction 業界の成長17.45%収益成長率11.80%株主資本利益率20.70%ネット・マージン4.73%前回の決算情報31 Dec 2025最近の業績更新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.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.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.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...収支内訳Tech-Top Engineering の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:6750 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Dec 254,616218291730 Jun 254,707154290731 Mar 254,151139271731 Dec 243,595124253630 Jun 242,96390210631 Mar 242,90872203631 Dec 232,85354195630 Sep 233,10355194630 Jun 233,35356194631 Mar 233,23959180631 Dec 223,12562167630 Sep 222,81564166630 Jun 222,50566166631 Mar 222,80679176631 Dec 213,10892186630 Jun 213,115117169631 Mar 212,55487153631 Dec 201,99258137530 Jun 201,27010107531 Mar 201,28522117531 Dec 191,30134128530 Sep 191,51357136530 Jun 191,72680144531 Mar 191,68766134531 Dec 181,64853124631 Dec 171,100-33128331 Dec 161,389-311363質の高い収益: 6750は 高品質の収益 を持っています。利益率の向上: 6750の現在の純利益率 (4.7%)は、昨年(3.4%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6750の収益は過去 5 年間で年間18.7%増加しました。成長の加速: 6750の過去 1 年間の収益成長率 ( 76.5% ) は、5 年間の平均 ( 年間18.7%を上回っています。収益対業界: 6750の過去 1 年間の収益成長率 ( 76.5% ) はConstruction業界33.6%を上回りました。株主資本利益率高いROE: 6750の 自己資本利益率 ( 20.7% ) は 高い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YCapital-goods 、過去の業績が好調な企業。View Financial Health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2026/05/23 22:54終値2026/05/22 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
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.
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.
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.
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...