SanDi PropertiesLtd（1438）株式概要Ltd.は台湾で建設業を営んでいる。 詳細1438 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績3/6財務の健全性3/6配当金1/6報酬株価収益率（ 8.1 x） TW市場（ 20.3 x）を下回っています。今年は黒字化を達成 リスク分析負債は営業キャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( NT$2B )すべてのリスクチェックを見る1438 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW479,757 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA479,757 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$22.4576.5% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-172m10b2016201920222025202620282031Revenue NT$10.2bEarnings NT$1.9bAdvancedSet Fair ValueView all narrativesSanDi Properties Co.,Ltd. 競合他社Tech-Top EngineeringSymbol: TPEX:6750Market cap: NT$2.5bTriocean Industrial CorporationSymbol: TWSE:1472Market cap: NT$4.6bNew Asia Construction & DevelopmentSymbol: TWSE:2516Market cap: NT$3.1bKung Sing EngineeringSymbol: TWSE:5521Market cap: NT$5.0b価格と性能株価の高値、安値、推移の概要SanDi PropertiesLtd過去の株価現在の株価NT$22.3552週高値NT$41.2052週安値NT$19.10ベータ-0.151ヶ月の変化1.82%3ヶ月変化3.00%1年変化-41.95%3年間の変化-25.25%5年間の変化-24.49%IPOからの変化-75.44%最新ニュースValuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$24.05, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total loss to shareholders of 17% over the past three years.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.37 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.65 (up from NT$0.37 loss in 1Q 2025). Revenue: NT$377.5m (up NT$377.2m from 1Q 2025). Net income: NT$71.8m (up NT$112.7m from 1Q 2025). Profit margin: 19% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total loss to shareholders of 26% over the past three years.New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 33% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.19b market cap, or US$99.7m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.74 (vs NT$1.54 loss in FY 2024)Full year 2025 results: EPS: NT$1.74 (up from NT$1.54 loss in FY 2024). Revenue: NT$1.26b (up 7.9% from FY 2024). Net income: NT$194.0m (up NT$334.9m from FY 2024). Profit margin: 15% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Mar 11SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026. Location: 2 floor no,118, chin ting rd., sanmin district, kaohsiung city Taiwan最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$24.05, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total loss to shareholders of 17% over the past three years.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.37 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.65 (up from NT$0.37 loss in 1Q 2025). Revenue: NT$377.5m (up NT$377.2m from 1Q 2025). Net income: NT$71.8m (up NT$112.7m from 1Q 2025). Profit margin: 19% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total loss to shareholders of 26% over the past three years.New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 33% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.19b market cap, or US$99.7m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.74 (vs NT$1.54 loss in FY 2024)Full year 2025 results: EPS: NT$1.74 (up from NT$1.54 loss in FY 2024). Revenue: NT$1.26b (up 7.9% from FY 2024). Net income: NT$194.0m (up NT$334.9m from FY 2024). Profit margin: 15% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Mar 11SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026. Location: 2 floor no,118, chin ting rd., sanmin district, kaohsiung city Taiwanお知らせ • Jan 03Sandi Properties Co., Ltd. Announces Change of Representative for Corporate Director Effective December 31, 2025SanDi Properties Co. Ltd. announced a change of representative for the company's corporate director. The previous position holder was Lee, Chung-His, President, Kaohsiung Bus Company Ltd. The new position holder is Hsiao, I-Fan, Chairman, Jia Yang Enterprise Co. Ltd. The reason for the change is replacement of representative. The original term was from June 26, 2024 to June 25, 2027. The effective date of the new appointment is December 31, 2025.Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.51 loss in 3Q 2024)Third quarter 2025 results: NT$0.27 loss per share (improved from NT$0.51 loss in 3Q 2024). Net loss: NT$29.7m (loss narrowed 36% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.38 loss in 2Q 2024)Second quarter 2025 results: NT$0.26 loss per share (improved from NT$0.38 loss in 2Q 2024). Net loss: NT$28.9m (loss narrowed 17% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.お知らせ • Jun 24SanDi Properties Co.,Ltd. Approves the Election of Hsieh,Cheng-Han as Independent DirectorSanDi Properties Co.,Ltd. at its AGM held on June 23, 2025, approved the election of Hsieh,Cheng-Han as Independent Director.お知らせ • May 01SanDi Properties Co.,Ltd. to Report Q1, 2025 Results on May 09, 2025SanDi Properties Co.,Ltd. announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Mar 18Full year 2024 earnings released: NT$1.54 loss per share (vs NT$0.71 loss in FY 2023)Full year 2024 results: NT$1.54 loss per share (further deteriorated from NT$0.71 loss in FY 2023). Revenue: NT$1.17b (up 269% from FY 2023). Net loss: NT$140.9m (loss widened 117% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.お知らせ • Mar 07SanDi Properties Co.,Ltd., Annual General Meeting, Jun 23, 2025SanDi Properties Co.,Ltd., Annual General Meeting, Jun 23, 2025, at 10:00 Taipei Standard Time. Location: 3 floor no,118, chin ting rd., sanmin district, kaohsiung city TaiwanNew Risk • Jan 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding).分析記事 • Dec 17Is SanDi PropertiesLtd (TWSE:1438) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).お知らせ • Oct 31SanDi Properties Co.,Ltd. to Report Q3, 2024 Results on Nov 08, 2024SanDi Properties Co.,Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024New Risk • Sep 20New 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 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Revenue is less than US$5m (NT$46m revenue, or US$1.4m).分析記事 • Sep 06Is SanDi PropertiesLtd (TWSE:1438) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...New Risk • Aug 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 7.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (NT$44m revenue, or US$1.3m).お知らせ • Jul 31SanDi Properties Co.,Ltd. to Report Q2, 2024 Results on Aug 09, 2024SanDi Properties Co.,Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 11First quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.23 profit in 1Q 2023)First quarter 2024 results: NT$0.11 loss per share (down from NT$0.23 profit in 1Q 2023). Net loss: NT$10.2m (down 148% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.New Risk • May 09New 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: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).お知らせ • Apr 26SanDi Properties Co.,Ltd. to Report Q1, 2024 Results on May 03, 2024SanDi Properties Co.,Ltd. announced that they will report Q1, 2024 results on May 03, 2024Reported Earnings • Mar 29Full year 2023 earnings released: NT$0.71 loss per share (vs NT$5.17 profit in FY 2022)Full year 2023 results: NT$0.71 loss per share (down from NT$5.17 profit in FY 2022). Net loss: NT$65.0m (down 117% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.お知らせ • Mar 11SanDi Properties Co.,Ltd. has filed a Follow-on Equity Offering in the amount of TWD 920 million.SanDi Properties Co.,Ltd. has filed a Follow-on Equity Offering in the amount of TWD 920 million. Security Name: Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: TWD 36.8 Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: TWD 36.8 Transaction Features: Reserved Share Offering; Rights Offeringお知らせ • Mar 09SanDi Properties Co.,Ltd., Annual General Meeting, Jun 26, 2024SanDi Properties Co.,Ltd., Annual General Meeting, Jun 26, 2024. Location: Jin Shi Hu Hotel, No. 118, Jinding Rd. Sanmin Dist. Kaohsiung City Taiwan Agenda: To approve 2023 Business Report; to approve Audit Committee's Review Report; to approve 2023 Employees' compensation and Directors' remuneration; to approve Report on external endorsements and guarantees for 2023; to approve Amendments to the Standards of Procedures of the Board of Directors; and to consider other matters.Upcoming Dividend • Sep 04Upcoming dividend of NT$1.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 28 September 2023. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (5.4%).Reported Earnings • Aug 10Second quarter 2023 earnings released: NT$0.39 loss per share (vs NT$5.61 profit in 2Q 2022)Second quarter 2023 results: NT$0.39 loss per share (down from NT$5.61 profit in 2Q 2022). Net loss: NT$35.9m (down 109% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$5.17 (vs NT$0.57 in FY 2021)Full year 2022 results: EPS: NT$5.17 (up from NT$0.57 in FY 2021). Revenue: NT$595.3m (up NT$583.0m from FY 2021). Net income: NT$373.5m (up NT$343.5m from FY 2021). Profit margin: 63% (down from 245% in FY 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.40, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 79% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. No independent directors (5 non-independent directors). Supervisor Guo Li Chen was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.061 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.02 (up from NT$0.061 loss in 1Q 2021). Net income: NT$1.13m (up NT$4.25m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. No independent directors (5 non-independent directors). Supervisor Guo Li Chen was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.57 (down from NT$0.90 in FY 2020). Net income: NT$30.1m (down 35% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.052 loss in 3Q 2020)Third quarter 2021 results: Net income: NT$15.8m (up NT$18.4m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.094 profit in 2Q 2020)Second quarter 2021 results: Net loss: NT$3.70m (down 177% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.93 profit in 1Q 2020)First quarter 2021 results: Net loss: NT$3.12m (down 107% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 28% share price gain to NT$33.25, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 108% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.45 (vs NT$0.20 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$98.4m (up NT$98.4m from FY 2019). Net income: NT$45.9m (up NT$56.4m from FY 2019). Profit margin: 47% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 13Is SanDi PropertiesLtd (TPE:1438) Using Too Much Debt?Some 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 • Mar 10New 90-day low: NT$11.20The company is down 9.0% from its price of NT$12.30 on 10 December 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 6.0% over the same period.分析記事 • Feb 06Is SanDi PropertiesLtd (TPE:1438) A Future Multi-bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...Is New 90 Day High Low • Feb 04New 90-day low: NT$11.55The company is down 10.0% from its price of NT$12.85 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period.Is New 90 Day High Low • Jan 20New 90-day low: NT$11.70The company is down 10.0% from its price of NT$13.00 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period.分析記事 • Jan 11We're Not Counting On SanDi PropertiesLtd (TPE:1438) To Sustain Its Statutory ProfitabilityStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...分析記事 • Dec 15Declining Stock and Decent Financials: Is The Market Wrong About SanDi Properties Co.,Ltd. (TPE:1438)?It is hard to get excited after looking at SanDi PropertiesLtd's (TPE:1438) recent performance, when its stock has...分析記事 • Nov 19SanDi PropertiesLtd (TPE:1438) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$6.0k (up 50% from 3Q 2019). Net loss: NT$2.66m (loss narrowed 71% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 02New 90-day low: NT$11.75The company is down 8.0% from its price of NT$12.80 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 8.0% over the same period.株主還元1438TW ConstructionTW 市場7D-4.1%5.7%3.1%1Y-41.9%12.6%82.1%株主還元を見る業界別リターン: 1438過去 1 年間で12.6 % の収益を上げたTW Construction業界を下回りました。リターン対市場: 1438は、過去 1 年間で82.1 % のリターンを上げたTW市場を下回りました。価格変動Is 1438's price volatile compared to industry and market?1438 volatility1438 Average Weekly Movement6.6%Construction Industry Average Movement5.6%Market Average Movement6.5%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.7%安定した株価: 1438 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1438の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト194420Junyu Zhuangwww.sandirealestate.com.tw三地物産股份有限公司は台湾で建設業を営む。商業・工業ビルの建設、住宅の賃貸・販売、不動産売買、百貨店の運営を手掛ける。前身は裕福国際公司。1944年に設立され、台湾の高雄に本社を置く。もっと見るSanDi Properties Co.,Ltd. 基礎のまとめSanDi PropertiesLtd の収益と売上を時価総額と比較するとどうか。1438 基礎統計学時価総額NT$2.49b収益（TTM）NT$306.76m売上高(TTM)NT$1.64b8.1xPER（株価収益率1.5xP/Sレシオ1438 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1438 損益計算書（TTM）収益NT$1.64b売上原価NT$1.11b売上総利益NT$527.31mその他の費用NT$220.54m収益NT$306.76m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.76グロス・マージン32.22%純利益率18.75%有利子負債／自己資本比率261.1%1438 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.9%現在の配当利回り7%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/09 01:46終値2026/08/07 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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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SanDi Properties 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 • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$24.05, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total loss to shareholders of 17% over the past three years.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.37 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.65 (up from NT$0.37 loss in 1Q 2025). Revenue: NT$377.5m (up NT$377.2m from 1Q 2025). Net income: NT$71.8m (up NT$112.7m from 1Q 2025). Profit margin: 19% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total loss to shareholders of 26% over the past three years.
New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 33% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.19b market cap, or US$99.7m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.74 (vs NT$1.54 loss in FY 2024)Full year 2025 results: EPS: NT$1.74 (up from NT$1.54 loss in FY 2024). Revenue: NT$1.26b (up 7.9% from FY 2024). Net income: NT$194.0m (up NT$334.9m from FY 2024). Profit margin: 15% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 11SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026. Location: 2 floor no,118, chin ting rd., sanmin district, kaohsiung city Taiwan
Valuation Update With 7 Day Price Move • Jun 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$24.05, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 14x in the Construction industry in Taiwan. Total loss to shareholders of 17% over the past three years.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.65 (vs NT$0.37 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.65 (up from NT$0.37 loss in 1Q 2025). Revenue: NT$377.5m (up NT$377.2m from 1Q 2025). Net income: NT$71.8m (up NT$112.7m from 1Q 2025). Profit margin: 19% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total loss to shareholders of 26% over the past three years.
New Risk • Mar 24New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.19b (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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 33% per year over the past 5 years. High level of non-cash earnings (23% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.19b market cap, or US$99.7m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.74 (vs NT$1.54 loss in FY 2024)Full year 2025 results: EPS: NT$1.74 (up from NT$1.54 loss in FY 2024). Revenue: NT$1.26b (up 7.9% from FY 2024). Net income: NT$194.0m (up NT$334.9m from FY 2024). Profit margin: 15% (up from net loss in FY 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 11SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026SanDi Properties Co.,Ltd., Annual General Meeting, Jun 25, 2026. Location: 2 floor no,118, chin ting rd., sanmin district, kaohsiung city Taiwan
お知らせ • Jan 03Sandi Properties Co., Ltd. Announces Change of Representative for Corporate Director Effective December 31, 2025SanDi Properties Co. Ltd. announced a change of representative for the company's corporate director. The previous position holder was Lee, Chung-His, President, Kaohsiung Bus Company Ltd. The new position holder is Hsiao, I-Fan, Chairman, Jia Yang Enterprise Co. Ltd. The reason for the change is replacement of representative. The original term was from June 26, 2024 to June 25, 2027. The effective date of the new appointment is December 31, 2025.
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.51 loss in 3Q 2024)Third quarter 2025 results: NT$0.27 loss per share (improved from NT$0.51 loss in 3Q 2024). Net loss: NT$29.7m (loss narrowed 36% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.26 loss per share (vs NT$0.38 loss in 2Q 2024)Second quarter 2025 results: NT$0.26 loss per share (improved from NT$0.38 loss in 2Q 2024). Net loss: NT$28.9m (loss narrowed 17% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance.
お知らせ • Jun 24SanDi Properties Co.,Ltd. Approves the Election of Hsieh,Cheng-Han as Independent DirectorSanDi Properties Co.,Ltd. at its AGM held on June 23, 2025, approved the election of Hsieh,Cheng-Han as Independent Director.
お知らせ • May 01SanDi Properties Co.,Ltd. to Report Q1, 2025 Results on May 09, 2025SanDi Properties Co.,Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Mar 18Full year 2024 earnings released: NT$1.54 loss per share (vs NT$0.71 loss in FY 2023)Full year 2024 results: NT$1.54 loss per share (further deteriorated from NT$0.71 loss in FY 2023). Revenue: NT$1.17b (up 269% from FY 2023). Net loss: NT$140.9m (loss widened 117% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 07SanDi Properties Co.,Ltd., Annual General Meeting, Jun 23, 2025SanDi Properties Co.,Ltd., Annual General Meeting, Jun 23, 2025, at 10:00 Taipei Standard Time. Location: 3 floor no,118, chin ting rd., sanmin district, kaohsiung city Taiwan
New Risk • Jan 28New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 22% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (22% increase in shares outstanding).
分析記事 • Dec 17Is SanDi PropertiesLtd (TWSE:1438) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change).
お知らせ • Oct 31SanDi Properties Co.,Ltd. to Report Q3, 2024 Results on Nov 08, 2024SanDi Properties Co.,Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024
New Risk • Sep 20New 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 9.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risk Revenue is less than US$5m (NT$46m revenue, or US$1.4m).
分析記事 • Sep 06Is SanDi PropertiesLtd (TWSE:1438) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
New Risk • Aug 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 7.0% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (NT$44m revenue, or US$1.3m).
お知らせ • Jul 31SanDi Properties Co.,Ltd. to Report Q2, 2024 Results on Aug 09, 2024SanDi Properties Co.,Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 11First quarter 2024 earnings released: NT$0.11 loss per share (vs NT$0.23 profit in 1Q 2023)First quarter 2024 results: NT$0.11 loss per share (down from NT$0.23 profit in 1Q 2023). Net loss: NT$10.2m (down 148% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings.
New Risk • May 09New 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: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change).
お知らせ • Apr 26SanDi Properties Co.,Ltd. to Report Q1, 2024 Results on May 03, 2024SanDi Properties Co.,Ltd. announced that they will report Q1, 2024 results on May 03, 2024
Reported Earnings • Mar 29Full year 2023 earnings released: NT$0.71 loss per share (vs NT$5.17 profit in FY 2022)Full year 2023 results: NT$0.71 loss per share (down from NT$5.17 profit in FY 2022). Net loss: NT$65.0m (down 117% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Mar 11SanDi Properties Co.,Ltd. has filed a Follow-on Equity Offering in the amount of TWD 920 million.SanDi Properties Co.,Ltd. has filed a Follow-on Equity Offering in the amount of TWD 920 million. Security Name: Shares Security Type: Common Stock Securities Offered: 5,000,000 Price\Range: TWD 36.8 Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Price\Range: TWD 36.8 Transaction Features: Reserved Share Offering; Rights Offering
お知らせ • Mar 09SanDi Properties Co.,Ltd., Annual General Meeting, Jun 26, 2024SanDi Properties Co.,Ltd., Annual General Meeting, Jun 26, 2024. Location: Jin Shi Hu Hotel, No. 118, Jinding Rd. Sanmin Dist. Kaohsiung City Taiwan Agenda: To approve 2023 Business Report; to approve Audit Committee's Review Report; to approve 2023 Employees' compensation and Directors' remuneration; to approve Report on external endorsements and guarantees for 2023; to approve Amendments to the Standards of Procedures of the Board of Directors; and to consider other matters.
Upcoming Dividend • Sep 04Upcoming dividend of NT$1.00 per share at 3.3% yieldEligible shareholders must have bought the stock before 11 September 2023. Payment date: 28 September 2023. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (5.4%).
Reported Earnings • Aug 10Second quarter 2023 earnings released: NT$0.39 loss per share (vs NT$5.61 profit in 2Q 2022)Second quarter 2023 results: NT$0.39 loss per share (down from NT$5.61 profit in 2Q 2022). Net loss: NT$35.9m (down 109% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$5.17 (vs NT$0.57 in FY 2021)Full year 2022 results: EPS: NT$5.17 (up from NT$0.57 in FY 2021). Revenue: NT$595.3m (up NT$583.0m from FY 2021). Net income: NT$373.5m (up NT$343.5m from FY 2021). Profit margin: 63% (down from 245% in FY 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.40, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. No independent directors (5 non-independent directors). Supervisor Guo Li Chen was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.061 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.02 (up from NT$0.061 loss in 1Q 2021). Net income: NT$1.13m (up NT$4.25m from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 7 highly experienced directors. No independent directors (5 non-independent directors). Supervisor Guo Li Chen was the last director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.57 (down from NT$0.90 in FY 2020). Net income: NT$30.1m (down 35% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.052 loss in 3Q 2020)Third quarter 2021 results: Net income: NT$15.8m (up NT$18.4m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.094 profit in 2Q 2020)Second quarter 2021 results: Net loss: NT$3.70m (down 177% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.93 profit in 1Q 2020)First quarter 2021 results: Net loss: NT$3.12m (down 107% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 05Investor sentiment improved over the past weekAfter last week's 28% share price gain to NT$33.25, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 108% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.45 (vs NT$0.20 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$98.4m (up NT$98.4m from FY 2019). Net income: NT$45.9m (up NT$56.4m from FY 2019). Profit margin: 47% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 13Is SanDi PropertiesLtd (TPE:1438) Using Too Much Debt?Some 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 • Mar 10New 90-day low: NT$11.20The company is down 9.0% from its price of NT$12.30 on 10 December 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 6.0% over the same period.
分析記事 • Feb 06Is SanDi PropertiesLtd (TPE:1438) A Future Multi-bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term? In a...
Is New 90 Day High Low • Feb 04New 90-day low: NT$11.55The company is down 10.0% from its price of NT$12.85 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period.
Is New 90 Day High Low • Jan 20New 90-day low: NT$11.70The company is down 10.0% from its price of NT$13.00 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is flat over the same period.
分析記事 • Jan 11We're Not Counting On SanDi PropertiesLtd (TPE:1438) To Sustain Its Statutory ProfitabilityStatistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
分析記事 • Dec 15Declining Stock and Decent Financials: Is The Market Wrong About SanDi Properties Co.,Ltd. (TPE:1438)?It is hard to get excited after looking at SanDi PropertiesLtd's (TPE:1438) recent performance, when its stock has...
分析記事 • Nov 19SanDi PropertiesLtd (TPE:1438) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.03 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$6.0k (up 50% from 3Q 2019). Net loss: NT$2.66m (loss narrowed 71% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 02New 90-day low: NT$11.75The company is down 8.0% from its price of NT$12.80 on 04 August 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Construction industry, which is up 8.0% over the same period.
