View Future GrowthHiwin Technologies 過去の業績過去 基準チェック /16Hiwin Technologiesの収益は年間平均-19.5%の割合で減少していますが、 Machinery業界の収益は年間 増加しています。収益は年間2.8% 2.8%割合で 減少しています。 Hiwin Technologiesの自己資本利益率は4%であり、純利益率は6.5%です。主要情報-19.53%収益成長率-20.66%EPS成長率Machinery 業界の成長9.99%収益成長率-2.79%株主資本利益率3.99%ネット・マージン6.54%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$4.31 (vs NT$5.57 in FY 2024)Full year 2025 results: EPS: NT$4.31 (down from NT$5.57 in FY 2024). Revenue: NT$24.3b (flat on FY 2024). Net income: NT$1.53b (down 23% from FY 2024). Profit margin: 6.3% (down from 8.1% in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.26 (down from NT$1.88 in 3Q 2024). Revenue: NT$6.00b (down 5.2% from 3Q 2024). Net income: NT$445.9m (down 33% from 3Q 2024). Profit margin: 7.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.38 (down from NT$1.65 in 2Q 2024). Revenue: NT$5.93b (down 4.2% from 2Q 2024). Net income: NT$135.2m (down 77% from 2Q 2024). Profit margin: 2.3% (down from 9.4% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • May 12First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.36 (up from NT$1.12 in 1Q 2024). Revenue: NT$5.84b (up 6.0% from 1Q 2024). Net income: NT$482.8m (up 22% from 1Q 2024). Profit margin: 8.3% (up from 7.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • May 01Hiwin Technologies Corporation to Report Q1, 2025 Results on May 09, 2025Hiwin Technologies Corporation announced that they will report Q1, 2025 results on May 09, 2025Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$5.57 (down from NT$5.75 in FY 2023). Revenue: NT$24.4b (down 1.0% from FY 2023). Net income: NT$1.97b (down 3.1% from FY 2023). Profit margin: 8.1% (down from 8.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesDeclared Dividend • Jun 17Dividend reduced to NT$2.00Dividend of NT$2.00 is 17% lower than last year. Ex-date: 8th July 2026 Payment date: 5th August 2026 Dividend yield will be 0.6%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 47%.Buy Or Sell Opportunity • May 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to NT$390. The fair value is estimated to be NT$320, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.Price Target Changed • May 11Price target increased by 9.1% to NT$310Up from NT$284, the current price target is an average from 15 analysts. New target price is 12% below last closing price of NT$351. Stock is up 57% over the past year. The company is forecast to post earnings per share of NT$8.80 for next year compared to NT$4.31 last year.Major Estimate Revision • May 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$27.4b to NT$28.4b. EPS estimate increased from NT$6.76 to NT$8.76 per share. Net income forecast to grow 91% next year vs 71% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$284 to NT$301. Share price rose 2.2% to NT$320 over the past week.New Risk • Apr 15New 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 8.4% 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. This is currently the only risk that has been identified for the company.Buy Or Sell Opportunity • Apr 14Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$275. The fair value is estimated to be NT$220, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.Major Estimate Revision • Mar 09Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$26.2b to NT$27.4b. EPS estimate increased from NT$6.18 to NT$6.90 per share. Net income forecast to grow 55% next year vs 54% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$218 to NT$255. Share price fell 13% to NT$220 over the past week.お知らせ • Mar 02Hiwin Technologies Corporation, Annual General Meeting, May 27, 2026Hiwin Technologies Corporation, Annual General Meeting, May 27, 2026. Location: 4 floor no,129, an huo rd., taichung city TaiwanReported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$4.31 (vs NT$5.57 in FY 2024)Full year 2025 results: EPS: NT$4.31 (down from NT$5.57 in FY 2024). Revenue: NT$24.3b (flat on FY 2024). Net income: NT$1.53b (down 23% from FY 2024). Profit margin: 6.3% (down from 8.1% in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Price Target Changed • Feb 27Price target increased by 8.1% to NT$229Up from NT$211, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of NT$230. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$6.28 for next year compared to NT$4.31 last year.Buy Or Sell Opportunity • Feb 25Now 21% undervaluedOver the last 90 days, the stock has risen 20% to NT$226. The fair value is estimated to be NT$286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 11% to NT$249. The fair value is estimated to be NT$313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.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$234, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 36x in the Machinery industry in Taiwan. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$310 per share.New Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.8% Last year net profit margin: 8.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.26 (down from NT$1.88 in 3Q 2024). Revenue: NT$6.00b (down 5.2% from 3Q 2024). Net income: NT$445.9m (down 33% from 3Q 2024). Profit margin: 7.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Major Estimate Revision • Nov 12Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$24.5b to NT$24.0b. EPS estimate also fell from NT$5.30 per share to NT$4.08 per share. Net income forecast to grow 20% next year vs 54% growth forecast for Machinery industry in Taiwan. Consensus price target broadly unchanged at NT$217. Share price fell 5.5% to NT$206 over the past week.Buy Or Sell Opportunity • Nov 04Now 23% undervaluedOver the last 90 days, the stock has risen 3.8% to NT$217. The fair value is estimated to be NT$281, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 67% in the next 2 years.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.38 (down from NT$1.65 in 2Q 2024). Revenue: NT$5.93b (down 4.2% from 2Q 2024). Net income: NT$135.2m (down 77% from 2Q 2024). Profit margin: 2.3% (down from 9.4% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.4b to NT$24.2b. EPS estimate also fell from NT$5.62 per share to NT$4.68 per share. Net income forecast to shrink 5.4% next year vs 38% growth forecast for Machinery industry in Taiwan . Consensus price target down from NT$232 to NT$225. Share price was steady at NT$209 over the past week.Buy Or Sell Opportunity • Aug 06Now 20% undervaluedOver the last 90 days, the stock has risen 2.0% to NT$209. The fair value is estimated to be NT$262, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 12% to NT$209. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Upcoming Dividend • Jul 11Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.9%).Buy Or Sell Opportunity • Jul 07Now 22% undervaluedOver the last 90 days, the stock has risen 4.0% to NT$207. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.Declared Dividend • Jun 27Dividend reduced to NT$2.40Dividend of NT$2.40 is 4.0% lower than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (454% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • May 29Hiwin Technologies Corporation Approves Board ElectionsHiwin Technologies Corporation announced at annual general meeting held on May 28, 2025, approved election of Eric Y.T. Chuo, Cheng-Lun Lee and Shou-Yu Chuo as directors and Zheng-He Jiang, Cheng-Yuan Chen and Hui-Show Li as independent directors of the company.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$242, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$178 per share.Price Target Changed • May 12Price target decreased by 17% to NT$244Down from NT$295, the current price target is an average from 15 analysts. New target price is 9.0% above last closing price of NT$224. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of NT$5.98 for next year compared to NT$5.57 last year.Reported Earnings • May 12First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.36 (up from NT$1.12 in 1Q 2024). Revenue: NT$5.84b (up 6.0% from 1Q 2024). Net income: NT$482.8m (up 22% from 1Q 2024). Profit margin: 8.3% (up from 7.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Major Estimate Revision • May 10Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$26.9b to NT$25.9b. EPS estimate also fell from NT$7.66 per share to NT$6.21 per share. Net income forecast to grow 24% next year vs 34% growth forecast for Machinery industry in Taiwan. Consensus price target down from NT$295 to NT$276. Share price fell 7.6% to NT$208 over the past week.お知らせ • May 01Hiwin Technologies Corporation to Report Q1, 2025 Results on May 09, 2025Hiwin Technologies Corporation announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$223, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$249 per share.Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to NT$199. The fair value is estimated to be NT$254, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.分析記事 • Apr 02Estimating The Fair Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hiwin Technologies fair value estimate is NT$248 Hiwin...Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$5.57 (down from NT$5.75 in FY 2023). Revenue: NT$24.4b (down 1.0% from FY 2023). Net income: NT$1.97b (down 3.1% from FY 2023). Profit margin: 8.1% (down from 8.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Price Target Changed • Feb 27Price target increased by 8.7% to NT$298Up from NT$274, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of NT$313. Stock is up 30% over the past year. The company is forecast to post earnings per share of NT$6.06 for next year compared to NT$5.75 last year.お知らせ • Feb 27Hiwin Technologies Corporation, Annual General Meeting, May 28, 2025Hiwin Technologies Corporation, Annual General Meeting, May 28, 2025. Location: 4 floor no,129, an huo rd., taichung city Taiwanお知らせ • Feb 19Hiwin Technologies Corporation to Report Fiscal Year 2024 Results on Feb 26, 2025Hiwin Technologies Corporation announced that they will report fiscal year 2024 results on Feb 26, 2025分析記事 • Feb 18Earnings Tell The Story For Hiwin Technologies Corporation (TWSE:2049) As Its Stock Soars 26%Despite an already strong run, Hiwin Technologies Corporation ( TWSE:2049 ) shares have been powering on, with a gain...分析記事 • Feb 17There Are Reasons To Feel Uneasy About Hiwin Technologies' (TWSE:2049) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...Buy Or Sell Opportunity • Feb 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to NT$315. The fair value is estimated to be NT$255, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.分析記事 • Feb 03Here's Why Hiwin Technologies (TWSE:2049) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jan 01Is Now An Opportune Moment To Examine Hiwin Technologies Corporation (TWSE:2049)?Hiwin Technologies Corporation ( TWSE:2049 ), might not be a large cap stock, but it saw a significant share price rise...Buy Or Sell Opportunity • Dec 24Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 50% to NT$323. The fair value is estimated to be NT$259, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$294, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$258 per share.分析記事 • Dec 18Hiwin Technologies Corporation's (TWSE:2049) 26% Jump Shows Its Popularity With InvestorsDespite an already strong run, Hiwin Technologies Corporation ( TWSE:2049 ) shares have been powering on, with a gain...New Risk • Dec 17New 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. This is currently the only risk that has been identified for the company.分析記事 • Dec 02Calculating The Fair Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hiwin Technologies fair value estimate is NT$255 Hiwin...Reported Earnings • Nov 15Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$1.88 (up from NT$1.78 in 3Q 2023). Revenue: NT$6.33b (down 3.5% from 3Q 2023). Net income: NT$664.5m (up 5.3% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Nov 05Hiwin Technologies Corporation to Report Q3, 2024 Results on Nov 12, 2024Hiwin Technologies Corporation announced that they will report Q3, 2024 results on Nov 12, 2024Buy Or Sell Opportunity • Oct 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$240. The fair value is estimated to be NT$198, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.分析記事 • Oct 28Does Hiwin Technologies (TWSE:2049) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$249, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Machinery industry in Taiwan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$193 per share.Buy Or Sell Opportunity • Oct 11Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to NT$234. The fair value is estimated to be NT$193, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.分析記事 • Sep 30What Is Hiwin Technologies Corporation's (TWSE:2049) Share Price Doing?While Hiwin Technologies Corporation ( TWSE:2049 ) might not have the largest market cap around , it saw a double-digit...分析記事 • Sep 16What You Can Learn From Hiwin Technologies Corporation's (TWSE:2049) P/EWith a price-to-earnings (or "P/E") ratio of 36.9x Hiwin Technologies Corporation ( TWSE:2049 ) may be sending very...分析記事 • Aug 30Calculating The Intrinsic Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights The projected fair value for Hiwin Technologies is NT$193 based on 2 Stage Free Cash Flow to Equity Hiwin...分析記事 • Aug 16Hiwin Technologies Corporation (TWSE:2049) Just Reported Earnings, And Analysts Cut Their Target PriceLast week saw the newest quarterly earnings release from Hiwin Technologies Corporation ( TWSE:2049 ), an important...Reported Earnings • Aug 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: NT$1.65 (down from NT$1.77 in 2Q 2023). Revenue: NT$6.18b (down 6.1% from 2Q 2023). Net income: NT$582.1m (down 7.0% from 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Aug 06Hiwin Technologies Corporation to Report Q2, 2024 Results on Aug 13, 2024Hiwin Technologies Corporation announced that they will report Q2, 2024 results on Aug 13, 2024分析記事 • Jul 18We Think Hiwin Technologies (TWSE:2049) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Upcoming Dividend • Jul 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 08 August 2024. Payout ratio is a comfortable 45% and the cash payout ratio is 99%. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.4%).Declared Dividend • Jun 03Dividend of NT$2.50 announcedShareholders will receive a dividend of NT$2.50. Ex-date: 10th July 2024 Payment date: 8th August 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Jun 01Hiwin Technologies Corporation Approves Cash Dividend, Payable on August 8, 2024Hiwin Technologies Corporation approved cash dividend of TWD 884,480,600 will be distributed. Date of the resolution by the board of directors or shareholders meeting or decision by the company is May 31, 2024. Ex-rights (ex-dividend) trading date is July 10, 2024. Ex-rights (ex-dividend) record date is July 16, 2024. Payment date of common stock cash dividend distribution is August 8, 2024.分析記事 • May 13Hiwin Technologies Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowLast week saw the newest first-quarter earnings release from Hiwin Technologies Corporation ( TWSE:2049 ), an important...Reported Earnings • May 11First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$1.12 (down from NT$1.26 in 1Q 2023). Revenue: NT$5.51b (down 4.0% from 1Q 2023). Net income: NT$395.3m (down 11% from 1Q 2023). Profit margin: 7.2% (down from 7.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.お知らせ • May 02Hiwin Technologies Corporation to Report Q1, 2024 Results on May 10, 2024Hiwin Technologies Corporation announced that they will report Q1, 2024 results on May 10, 2024分析記事 • Apr 21Is Now The Time To Look At Buying Hiwin Technologies Corporation (TWSE:2049)?While Hiwin Technologies Corporation ( TWSE:2049 ) might not have the largest market cap around , it saw significant...分析記事 • Apr 05Hiwin Technologies Corporation's (TWSE:2049) Earnings Haven't Escaped The Attention Of InvestorsHiwin Technologies Corporation's ( TWSE:2049 ) price-to-earnings (or "P/E") ratio of 46.9x might make it look like a...New Risk • Mar 27New 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 6.2% 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 Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (8.3% net profit margin).分析記事 • Mar 21Hiwin Technologies' (TWSE:2049) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Mar 01Earnings Miss: Hiwin Technologies Corporation Missed EPS By 10% And Analysts Are Revising Their ForecastsHiwin Technologies Corporation ( TWSE:2049 ) shareholders are probably feeling a little disappointed, since its shares...Reported Earnings • Feb 29Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$5.75 (down from NT$12.98 in FY 2022). Revenue: NT$24.6b (down 16% from FY 2022). Net income: NT$2.03b (down 55% from FY 2022). Profit margin: 8.3% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 28Hiwin Technologies Corporation, Annual General Meeting, May 31, 2024Hiwin Technologies Corporation, Annual General Meeting, May 31, 2024. Location: 5F,No.129, Anhe Rd., Xitun Dist., Taichung City 407022, Taiwan Taichung City Taiwan Agenda: To report the business of 2023; to consider audit Committee review the 2023 report; to report the bonus to employees and the remuneration to directors of 2023; to report the earnings distribution cash dividends of 2023; to ratify 2023 financial results; to ratify 2023 earnings distribution; to consider amendment to the Rules of Procedure for Shareholders Meetings; and to consider other issues.Major Estimate Revision • Feb 28Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$27.4b to NT$26.2b. EPS estimate also fell from NT$9.41 per share to NT$7.80 per share. Net income forecast to grow 34% next year vs 26% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$244 to NT$260. Share price was steady at NT$255 over the past week.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$257, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Machinery industry in Taiwan. Total loss to shareholders of 31% over the past three years.New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.8% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (90% payout ratio). Profit margins are more than 30% lower than last year (8.8% net profit margin).Major Estimate Revision • Nov 14Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$6.88 to NT$6.17 per share. Revenue forecast steady at NT$24.7b. Net income forecast to shrink 8.0% next year vs 24% growth forecast for Machinery industry in Taiwan . Consensus price target broadly unchanged at NT$247. Share price rose 2.9% to NT$210 over the past week.Price Target Changed • Aug 18Price target decreased by 7.2% to NT$266Down from NT$287, the current price target is an average from 16 analysts. New target price is 35% above last closing price of NT$198. Stock is down 10% over the past year. The company is forecast to post earnings per share of NT$7.12 for next year compared to NT$12.98 last year.Reported Earnings • Aug 13Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: NT$1.77 (down from NT$3.60 in 2Q 2022). Revenue: NT$6.58b (down 20% from 2Q 2022). Net income: NT$625.8m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$25.7b to NT$24.6b. EPS estimate also fell from NT$7.92 per share to NT$6.87 per share. Net income forecast to shrink 23% next year vs 23% growth forecast for Machinery industry in Taiwan . Consensus price target down from NT$287 to NT$272. Share price fell 6.0% to NT$196 over the past week.Upcoming Dividend • Jun 29Upcoming dividend of NT$5.50 per share at 2.3% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.1%).お知らせ • Jun 01Hiwin Technologies Corporation Approves the Cash Dividend, Payable on August 4, 2023Hiwin Technologies Corporation approved the cash dividend of TWD 1,945,857,320, at the AGM held on May 31, 2023. Ex-rights (ex-dividend) trading date is July 6, 2023. Ex-rights (ex-dividend) record date is July 12, 2023. Payment date of cash dividend distribution is August 4, 2023.Major Estimate Revision • May 11Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from NT$25.2b to NT$26.0b. EPS estimate fell from NT$8.72 to NT$7.05 per share. Net income forecast to shrink 39% next year vs 4.0% growth forecast for Machinery industry in Taiwan . Consensus price target broadly unchanged at NT$289. Share price was steady at NT$232 over the past week.Major Estimate Revision • Mar 14Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$24.4b to NT$25.2b. EPS estimate increased from NT$7.45 to NT$8.72 per share. Net income forecast to shrink 31% next year vs 9.2% growth forecast for Machinery industry in Taiwan . Consensus price target up from NT$271 to NT$288. Share price fell 8.2% to NT$242 over the past week.Major Estimate Revision • Mar 08Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$24.3b to NT$24.7b. EPS estimate increased from NT$6.96 to NT$7.98 per share. Net income forecast to shrink 35% next year vs 9.8% growth forecast for Machinery industry in Taiwan . Consensus price target up from NT$252 to NT$285. Share price rose 5.4% to NT$262 over the past week.Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$12.98 (up from NT$10.37 in FY 2021). Revenue: NT$29.3b (up 7.5% from FY 2021). Net income: NT$4.48b (up 27% from FY 2021). Profit margin: 15% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Price Target Changed • Feb 21Price target increased by 7.9% to NT$248Up from NT$230, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$248. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of NT$13.56 for next year compared to NT$10.36 last year.Price Target Changed • Feb 07Price target increased by 12% to NT$230Up from NT$205, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$232. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$13.69 for next year compared to NT$10.36 last year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Jhen-Yuan Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 09Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$4.13 (up from NT$3.98 in 3Q 2021). Revenue: NT$7.92b (up 5.2% from 3Q 2021). Net income: NT$1.43b (up 5.2% from 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be NT$201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 3.9% in 2 years. Earnings is forecast to grow by 0.7% in the next 2 years.Buying Opportunity • Sep 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be NT$224, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 5.6% in 2 years. Earnings is forecast to grow by 2.2% in the next 2 years.お知らせ • Aug 31Hiwin Technologies Corp. has completed a Follow-on Equity Offering in the amount of TWD 2.08 billion.Hiwin Technologies Corp. has completed a Follow-on Equity Offering in the amount of TWD 2.08 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 13,000,000 Price\Range: TWD 160 Transaction Features: Rights OfferingReported Earnings • Aug 13Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$3.60 (up from NT$3.09 in 2Q 2021). Revenue: NT$8.24b (up 17% from 2Q 2021). Net income: NT$1.23b (up 17% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 9.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Price Target Changed • Aug 11Price target decreased to NT$259Down from NT$280, the current price target is an average from 13 analysts. New target price is 24% above last closing price of NT$210. Stock is down 36% over the past year. The company is forecast to post earnings per share of NT$14.82 for next year compared to NT$10.36 last year.Upcoming Dividend • Jul 05Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 08 August 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.4%).収支内訳Hiwin Technologies 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TWSE:2049 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 2624,8031,6224,4011,01731 Dec 2524,2631,5264,3101,02530 Sep 2524,1351,3944,2911,01830 Jun 2524,4671,6134,2631,00231 Mar 2524,7242,0594,2931,00031 Dec 2424,3921,9724,19696330 Sep 2423,7741,9744,13494430 Jun 2424,0051,9414,10794931 Mar 2424,4051,9854,07694431 Dec 2324,6332,0354,06194330 Sep 2324,4672,1624,01997130 Jun 2325,8302,9574,0141,03331 Mar 2327,4823,5573,9981,10531 Dec 2229,3154,4794,0141,12930 Sep 2230,4184,6123,9891,15530 Jun 2230,0274,5423,9101,10431 Mar 2228,8404,3673,7651,05631 Dec 2127,2653,5323,6421,05930 Sep 2126,7213,5083,4991,07130 Jun 2125,0643,0783,3521,06131 Mar 2123,6442,5933,1421,03331 Dec 2021,2671,9303,0441,01430 Sep 2019,1301,4012,97596930 Jun 2018,3188633,01598431 Mar 2018,7761,1143,2061,04731 Dec 1920,2101,8653,2731,10130 Sep 1922,8442,6963,5911,22530 Jun 1926,1344,0503,7011,30731 Mar 1927,8284,7973,7431,34231 Dec 1829,3335,3923,8241,38630 Sep 1828,8335,3693,5361,34930 Jun 1826,0964,5253,3801,32631 Mar 1823,4183,6683,2611,26431 Dec 1721,1652,7383,0461,19130 Sep 1719,5792,3543,0241,10430 Jun 1718,1841,7802,9931,00331 Mar 1717,4341,4692,94597731 Dec 1616,1181,3272,91993230 Sep 1614,7179682,79290330 Jun 1614,2581,2392,70991131 Mar 1614,2281,2702,63992031 Dec 1514,8811,6422,53289930 Sep 1516,0162,3212,44589230 Jun 1516,4972,4862,305876質の高い収益: 2049は 高品質の収益 を持っています。利益率の向上: 2049の現在の純利益率 (6.5%)は、昨年(8.3%)よりも低くなっています。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: 2049の収益は過去 5 年間で年間19.5%減少しました。成長の加速: 2049は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 2049は過去 1 年間で収益成長率がマイナス ( -21.2% ) となったため、 Machinery業界平均 ( -12% ) と比較することが困難です。株主資本利益率高いROE: 2049の 自己資本利益率 ( 4% ) は 低い 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2026/06/25 11:51終値2026/06/25 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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Hiwin Technologies Corporation 15 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。26 アナリスト機関Sebastian HouBarclaysTomohiko SanoBarclaysMing-Hsun LeeBofA Global Research23 その他のアナリストを表示
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$4.31 (vs NT$5.57 in FY 2024)Full year 2025 results: EPS: NT$4.31 (down from NT$5.57 in FY 2024). Revenue: NT$24.3b (flat on FY 2024). Net income: NT$1.53b (down 23% from FY 2024). Profit margin: 6.3% (down from 8.1% in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.26 (down from NT$1.88 in 3Q 2024). Revenue: NT$6.00b (down 5.2% from 3Q 2024). Net income: NT$445.9m (down 33% from 3Q 2024). Profit margin: 7.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.38 (down from NT$1.65 in 2Q 2024). Revenue: NT$5.93b (down 4.2% from 2Q 2024). Net income: NT$135.2m (down 77% from 2Q 2024). Profit margin: 2.3% (down from 9.4% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 12First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.36 (up from NT$1.12 in 1Q 2024). Revenue: NT$5.84b (up 6.0% from 1Q 2024). Net income: NT$482.8m (up 22% from 1Q 2024). Profit margin: 8.3% (up from 7.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • May 01Hiwin Technologies Corporation to Report Q1, 2025 Results on May 09, 2025Hiwin Technologies Corporation announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$5.57 (down from NT$5.75 in FY 2023). Revenue: NT$24.4b (down 1.0% from FY 2023). Net income: NT$1.97b (down 3.1% from FY 2023). Profit margin: 8.1% (down from 8.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Declared Dividend • Jun 17Dividend reduced to NT$2.00Dividend of NT$2.00 is 17% lower than last year. Ex-date: 8th July 2026 Payment date: 5th August 2026 Dividend yield will be 0.6%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 46%. Cash payout ratio: 47%.
Buy Or Sell Opportunity • May 15Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 68% to NT$390. The fair value is estimated to be NT$320, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 28% per annum over the same time period.
Price Target Changed • May 11Price target increased by 9.1% to NT$310Up from NT$284, the current price target is an average from 15 analysts. New target price is 12% below last closing price of NT$351. Stock is up 57% over the past year. The company is forecast to post earnings per share of NT$8.80 for next year compared to NT$4.31 last year.
Major Estimate Revision • May 09Consensus EPS estimates increase by 30%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$27.4b to NT$28.4b. EPS estimate increased from NT$6.76 to NT$8.76 per share. Net income forecast to grow 91% next year vs 71% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$284 to NT$301. Share price rose 2.2% to NT$320 over the past week.
New Risk • Apr 15New 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 8.4% 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. This is currently the only risk that has been identified for the company.
Buy Or Sell Opportunity • Apr 14Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 29% to NT$275. The fair value is estimated to be NT$220, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.6% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 29% per annum over the same time period.
Major Estimate Revision • Mar 09Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from NT$26.2b to NT$27.4b. EPS estimate increased from NT$6.18 to NT$6.90 per share. Net income forecast to grow 55% next year vs 54% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$218 to NT$255. Share price fell 13% to NT$220 over the past week.
お知らせ • Mar 02Hiwin Technologies Corporation, Annual General Meeting, May 27, 2026Hiwin Technologies Corporation, Annual General Meeting, May 27, 2026. Location: 4 floor no,129, an huo rd., taichung city Taiwan
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$4.31 (vs NT$5.57 in FY 2024)Full year 2025 results: EPS: NT$4.31 (down from NT$5.57 in FY 2024). Revenue: NT$24.3b (flat on FY 2024). Net income: NT$1.53b (down 23% from FY 2024). Profit margin: 6.3% (down from 8.1% in FY 2024). Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Price Target Changed • Feb 27Price target increased by 8.1% to NT$229Up from NT$211, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of NT$230. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$6.28 for next year compared to NT$4.31 last year.
Buy Or Sell Opportunity • Feb 25Now 21% undervaluedOver the last 90 days, the stock has risen 20% to NT$226. The fair value is estimated to be NT$286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 90% in the next 2 years.
Buy Or Sell Opportunity • Jan 30Now 21% undervaluedOver the last 90 days, the stock has risen 11% to NT$249. The fair value is estimated to be NT$313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.8% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 86% in the next 2 years.
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$234, the stock trades at a forward P/E ratio of 40x. Average forward P/E is 36x in the Machinery industry in Taiwan. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$310 per share.
New Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.8% Last year net profit margin: 8.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 13Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$1.26 (down from NT$1.88 in 3Q 2024). Revenue: NT$6.00b (down 5.2% from 3Q 2024). Net income: NT$445.9m (down 33% from 3Q 2024). Profit margin: 7.4% (down from 11% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 16%. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Major Estimate Revision • Nov 12Consensus EPS estimates fall by 23%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$24.5b to NT$24.0b. EPS estimate also fell from NT$5.30 per share to NT$4.08 per share. Net income forecast to grow 20% next year vs 54% growth forecast for Machinery industry in Taiwan. Consensus price target broadly unchanged at NT$217. Share price fell 5.5% to NT$206 over the past week.
Buy Or Sell Opportunity • Nov 04Now 23% undervaluedOver the last 90 days, the stock has risen 3.8% to NT$217. The fair value is estimated to be NT$281, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.1% over the last 3 years. Earnings per share has declined by 39%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 67% in the next 2 years.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues miss analyst expectationsSecond quarter 2025 results: EPS: NT$0.38 (down from NT$1.65 in 2Q 2024). Revenue: NT$5.93b (down 4.2% from 2Q 2024). Net income: NT$135.2m (down 77% from 2Q 2024). Profit margin: 2.3% (down from 9.4% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Revenue missed analyst estimates by 5.5%. Earnings per share (EPS) also missed analyst estimates by 65%. Revenue is forecast to grow 8.1% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Aug 13Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$25.4b to NT$24.2b. EPS estimate also fell from NT$5.62 per share to NT$4.68 per share. Net income forecast to shrink 5.4% next year vs 38% growth forecast for Machinery industry in Taiwan . Consensus price target down from NT$232 to NT$225. Share price was steady at NT$209 over the past week.
Buy Or Sell Opportunity • Aug 06Now 20% undervaluedOver the last 90 days, the stock has risen 2.0% to NT$209. The fair value is estimated to be NT$262, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 37% in the next 2 years.
Buy Or Sell Opportunity • Jul 22Now 21% undervaluedOver the last 90 days, the stock has risen 12% to NT$209. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Upcoming Dividend • Jul 11Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 17 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 41% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.9%).
Buy Or Sell Opportunity • Jul 07Now 22% undervaluedOver the last 90 days, the stock has risen 4.0% to NT$207. The fair value is estimated to be NT$263, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 41% in the next 2 years.
Declared Dividend • Jun 27Dividend reduced to NT$2.40Dividend of NT$2.40 is 4.0% lower than last year. Ex-date: 17th July 2025 Payment date: 15th August 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but not covered by cash flows (454% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 67% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • May 29Hiwin Technologies Corporation Approves Board ElectionsHiwin Technologies Corporation announced at annual general meeting held on May 28, 2025, approved election of Eric Y.T. Chuo, Cheng-Lun Lee and Shou-Yu Chuo as directors and Zheng-He Jiang, Cheng-Yuan Chen and Hui-Show Li as independent directors of the company.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$242, the stock trades at a forward P/E ratio of 36x. Average forward P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 19% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$178 per share.
Price Target Changed • May 12Price target decreased by 17% to NT$244Down from NT$295, the current price target is an average from 15 analysts. New target price is 9.0% above last closing price of NT$224. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of NT$5.98 for next year compared to NT$5.57 last year.
Reported Earnings • May 12First quarter 2025 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2025 results: EPS: NT$1.36 (up from NT$1.12 in 1Q 2024). Revenue: NT$5.84b (up 6.0% from 1Q 2024). Net income: NT$482.8m (up 22% from 1Q 2024). Profit margin: 8.3% (up from 7.2% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.1%. Earnings per share (EPS) exceeded analyst estimates by 12%. Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Major Estimate Revision • May 10Consensus EPS estimates fall by 19%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$26.9b to NT$25.9b. EPS estimate also fell from NT$7.66 per share to NT$6.21 per share. Net income forecast to grow 24% next year vs 34% growth forecast for Machinery industry in Taiwan. Consensus price target down from NT$295 to NT$276. Share price fell 7.6% to NT$208 over the past week.
お知らせ • May 01Hiwin Technologies Corporation to Report Q1, 2025 Results on May 09, 2025Hiwin Technologies Corporation announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$223, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 6.2% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$249 per share.
Buy Or Sell Opportunity • Apr 08Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 33% to NT$199. The fair value is estimated to be NT$254, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.0% over the last 3 years. Earnings per share has declined by 34%. For the next 3 years, revenue is forecast to grow by 9.9% per annum. Earnings are also forecast to grow by 24% per annum over the same time period.
分析記事 • Apr 02Estimating The Fair Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hiwin Technologies fair value estimate is NT$248 Hiwin...
Reported Earnings • Mar 03Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$5.57 (down from NT$5.75 in FY 2023). Revenue: NT$24.4b (down 1.0% from FY 2023). Net income: NT$1.97b (down 3.1% from FY 2023). Profit margin: 8.1% (down from 8.3% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 8.1%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Price Target Changed • Feb 27Price target increased by 8.7% to NT$298Up from NT$274, the current price target is an average from 16 analysts. New target price is approximately in line with last closing price of NT$313. Stock is up 30% over the past year. The company is forecast to post earnings per share of NT$6.06 for next year compared to NT$5.75 last year.
お知らせ • Feb 27Hiwin Technologies Corporation, Annual General Meeting, May 28, 2025Hiwin Technologies Corporation, Annual General Meeting, May 28, 2025. Location: 4 floor no,129, an huo rd., taichung city Taiwan
お知らせ • Feb 19Hiwin Technologies Corporation to Report Fiscal Year 2024 Results on Feb 26, 2025Hiwin Technologies Corporation announced that they will report fiscal year 2024 results on Feb 26, 2025
分析記事 • Feb 18Earnings Tell The Story For Hiwin Technologies Corporation (TWSE:2049) As Its Stock Soars 26%Despite an already strong run, Hiwin Technologies Corporation ( TWSE:2049 ) shares have been powering on, with a gain...
分析記事 • Feb 17There Are Reasons To Feel Uneasy About Hiwin Technologies' (TWSE:2049) Returns On CapitalTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Buy Or Sell Opportunity • Feb 05Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 24% to NT$315. The fair value is estimated to be NT$255, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 23% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.
分析記事 • Feb 03Here's Why Hiwin Technologies (TWSE:2049) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jan 01Is Now An Opportune Moment To Examine Hiwin Technologies Corporation (TWSE:2049)?Hiwin Technologies Corporation ( TWSE:2049 ), might not be a large cap stock, but it saw a significant share price rise...
Buy Or Sell Opportunity • Dec 24Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 50% to NT$323. The fair value is estimated to be NT$259, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 29%. Revenue is forecast to grow by 24% in 2 years. Earnings are forecast to grow by 70% in the next 2 years.
Valuation Update With 7 Day Price Move • Dec 19Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$294, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 6.5% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$258 per share.
分析記事 • Dec 18Hiwin Technologies Corporation's (TWSE:2049) 26% Jump Shows Its Popularity With InvestorsDespite an already strong run, Hiwin Technologies Corporation ( TWSE:2049 ) shares have been powering on, with a gain...
New Risk • Dec 17New 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. This is currently the only risk that has been identified for the company.
分析記事 • Dec 02Calculating The Fair Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights Using the 2 Stage Free Cash Flow to Equity, Hiwin Technologies fair value estimate is NT$255 Hiwin...
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$1.88 (up from NT$1.78 in 3Q 2023). Revenue: NT$6.33b (down 3.5% from 3Q 2023). Net income: NT$664.5m (up 5.3% from 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 05Hiwin Technologies Corporation to Report Q3, 2024 Results on Nov 12, 2024Hiwin Technologies Corporation announced that they will report Q3, 2024 results on Nov 12, 2024
Buy Or Sell Opportunity • Oct 28Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to NT$240. The fair value is estimated to be NT$198, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
分析記事 • Oct 28Does Hiwin Technologies (TWSE:2049) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$249, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 25x in the Machinery industry in Taiwan. Total loss to shareholders of 15% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$193 per share.
Buy Or Sell Opportunity • Oct 11Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 3.8% to NT$234. The fair value is estimated to be NT$193, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 23%. Revenue is forecast to grow by 19% in 2 years. Earnings are forecast to grow by 68% in the next 2 years.
分析記事 • Sep 30What Is Hiwin Technologies Corporation's (TWSE:2049) Share Price Doing?While Hiwin Technologies Corporation ( TWSE:2049 ) might not have the largest market cap around , it saw a double-digit...
分析記事 • Sep 16What You Can Learn From Hiwin Technologies Corporation's (TWSE:2049) P/EWith a price-to-earnings (or "P/E") ratio of 36.9x Hiwin Technologies Corporation ( TWSE:2049 ) may be sending very...
分析記事 • Aug 30Calculating The Intrinsic Value Of Hiwin Technologies Corporation (TWSE:2049)Key Insights The projected fair value for Hiwin Technologies is NT$193 based on 2 Stage Free Cash Flow to Equity Hiwin...
分析記事 • Aug 16Hiwin Technologies Corporation (TWSE:2049) Just Reported Earnings, And Analysts Cut Their Target PriceLast week saw the newest quarterly earnings release from Hiwin Technologies Corporation ( TWSE:2049 ), an important...
Reported Earnings • Aug 15Second quarter 2024 earnings: EPS misses analyst expectationsSecond quarter 2024 results: EPS: NT$1.65 (down from NT$1.77 in 2Q 2023). Revenue: NT$6.18b (down 6.1% from 2Q 2023). Net income: NT$582.1m (down 7.0% from 2Q 2023). Profit margin: 9.4% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.6%. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 06Hiwin Technologies Corporation to Report Q2, 2024 Results on Aug 13, 2024Hiwin Technologies Corporation announced that they will report Q2, 2024 results on Aug 13, 2024
分析記事 • Jul 18We Think Hiwin Technologies (TWSE:2049) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 July 2024. Payment date: 08 August 2024. Payout ratio is a comfortable 45% and the cash payout ratio is 99%. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.4%).
Declared Dividend • Jun 03Dividend of NT$2.50 announcedShareholders will receive a dividend of NT$2.50. Ex-date: 10th July 2024 Payment date: 8th August 2024 Dividend yield will be 1.1%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 1.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 91% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 01Hiwin Technologies Corporation Approves Cash Dividend, Payable on August 8, 2024Hiwin Technologies Corporation approved cash dividend of TWD 884,480,600 will be distributed. Date of the resolution by the board of directors or shareholders meeting or decision by the company is May 31, 2024. Ex-rights (ex-dividend) trading date is July 10, 2024. Ex-rights (ex-dividend) record date is July 16, 2024. Payment date of common stock cash dividend distribution is August 8, 2024.
分析記事 • May 13Hiwin Technologies Corporation Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowLast week saw the newest first-quarter earnings release from Hiwin Technologies Corporation ( TWSE:2049 ), an important...
Reported Earnings • May 11First quarter 2024 earnings: EPS misses analyst expectationsFirst quarter 2024 results: EPS: NT$1.12 (down from NT$1.26 in 1Q 2023). Revenue: NT$5.51b (down 4.0% from 1Q 2023). Net income: NT$395.3m (down 11% from 1Q 2023). Profit margin: 7.2% (down from 7.8% in 1Q 2023). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year.
お知らせ • May 02Hiwin Technologies Corporation to Report Q1, 2024 Results on May 10, 2024Hiwin Technologies Corporation announced that they will report Q1, 2024 results on May 10, 2024
分析記事 • Apr 21Is Now The Time To Look At Buying Hiwin Technologies Corporation (TWSE:2049)?While Hiwin Technologies Corporation ( TWSE:2049 ) might not have the largest market cap around , it saw significant...
分析記事 • Apr 05Hiwin Technologies Corporation's (TWSE:2049) Earnings Haven't Escaped The Attention Of InvestorsHiwin Technologies Corporation's ( TWSE:2049 ) price-to-earnings (or "P/E") ratio of 46.9x might make it look like a...
New Risk • Mar 27New 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 6.2% 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 Share price has been volatile over the past 3 months (6.2% average weekly change). Profit margins are more than 30% lower than last year (8.3% net profit margin).
分析記事 • Mar 21Hiwin Technologies' (TWSE:2049) Returns On Capital Not Reflecting Well On The BusinessIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Mar 01Earnings Miss: Hiwin Technologies Corporation Missed EPS By 10% And Analysts Are Revising Their ForecastsHiwin Technologies Corporation ( TWSE:2049 ) shareholders are probably feeling a little disappointed, since its shares...
Reported Earnings • Feb 29Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$5.75 (down from NT$12.98 in FY 2022). Revenue: NT$24.6b (down 16% from FY 2022). Net income: NT$2.03b (down 55% from FY 2022). Profit margin: 8.3% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 10%. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 28Hiwin Technologies Corporation, Annual General Meeting, May 31, 2024Hiwin Technologies Corporation, Annual General Meeting, May 31, 2024. Location: 5F,No.129, Anhe Rd., Xitun Dist., Taichung City 407022, Taiwan Taichung City Taiwan Agenda: To report the business of 2023; to consider audit Committee review the 2023 report; to report the bonus to employees and the remuneration to directors of 2023; to report the earnings distribution cash dividends of 2023; to ratify 2023 financial results; to ratify 2023 earnings distribution; to consider amendment to the Rules of Procedure for Shareholders Meetings; and to consider other issues.
Major Estimate Revision • Feb 28Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$27.4b to NT$26.2b. EPS estimate also fell from NT$9.41 per share to NT$7.80 per share. Net income forecast to grow 34% next year vs 26% growth forecast for Machinery industry in Taiwan. Consensus price target up from NT$244 to NT$260. Share price was steady at NT$255 over the past week.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$257, the stock trades at a forward P/E ratio of 30x. Average forward P/E is 27x in the Machinery industry in Taiwan. Total loss to shareholders of 31% over the past three years.
New Risk • Nov 21New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.8% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (90% payout ratio). Profit margins are more than 30% lower than last year (8.8% net profit margin).
Major Estimate Revision • Nov 14Consensus EPS estimates fall by 10%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NT$6.88 to NT$6.17 per share. Revenue forecast steady at NT$24.7b. Net income forecast to shrink 8.0% next year vs 24% growth forecast for Machinery industry in Taiwan . Consensus price target broadly unchanged at NT$247. Share price rose 2.9% to NT$210 over the past week.
Price Target Changed • Aug 18Price target decreased by 7.2% to NT$266Down from NT$287, the current price target is an average from 16 analysts. New target price is 35% above last closing price of NT$198. Stock is down 10% over the past year. The company is forecast to post earnings per share of NT$7.12 for next year compared to NT$12.98 last year.
Reported Earnings • Aug 13Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: EPS: NT$1.77 (down from NT$3.60 in 2Q 2022). Revenue: NT$6.58b (down 20% from 2Q 2022). Net income: NT$625.8m (down 49% from 2Q 2022). Profit margin: 9.5% (down from 15% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) missed analyst estimates by 11%. Revenue is forecast to grow 9.8% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 11Consensus EPS estimates fall by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$25.7b to NT$24.6b. EPS estimate also fell from NT$7.92 per share to NT$6.87 per share. Net income forecast to shrink 23% next year vs 23% growth forecast for Machinery industry in Taiwan . Consensus price target down from NT$287 to NT$272. Share price fell 6.0% to NT$196 over the past week.
Upcoming Dividend • Jun 29Upcoming dividend of NT$5.50 per share at 2.3% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 04 August 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.1%).
お知らせ • Jun 01Hiwin Technologies Corporation Approves the Cash Dividend, Payable on August 4, 2023Hiwin Technologies Corporation approved the cash dividend of TWD 1,945,857,320, at the AGM held on May 31, 2023. Ex-rights (ex-dividend) trading date is July 6, 2023. Ex-rights (ex-dividend) record date is July 12, 2023. Payment date of cash dividend distribution is August 4, 2023.
Major Estimate Revision • May 11Consensus EPS estimates fall by 19%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from NT$25.2b to NT$26.0b. EPS estimate fell from NT$8.72 to NT$7.05 per share. Net income forecast to shrink 39% next year vs 4.0% growth forecast for Machinery industry in Taiwan . Consensus price target broadly unchanged at NT$289. Share price was steady at NT$232 over the past week.
Major Estimate Revision • Mar 14Consensus EPS estimates increase by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$24.4b to NT$25.2b. EPS estimate increased from NT$7.45 to NT$8.72 per share. Net income forecast to shrink 31% next year vs 9.2% growth forecast for Machinery industry in Taiwan . Consensus price target up from NT$271 to NT$288. Share price fell 8.2% to NT$242 over the past week.
Major Estimate Revision • Mar 08Consensus EPS estimates increase by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has improved. 2023 revenue forecast increased from NT$24.3b to NT$24.7b. EPS estimate increased from NT$6.96 to NT$7.98 per share. Net income forecast to shrink 35% next year vs 9.8% growth forecast for Machinery industry in Taiwan . Consensus price target up from NT$252 to NT$285. Share price rose 5.4% to NT$262 over the past week.
Reported Earnings • Mar 01Full year 2022 earnings: EPS and revenues miss analyst expectationsFull year 2022 results: EPS: NT$12.98 (up from NT$10.37 in FY 2021). Revenue: NT$29.3b (up 7.5% from FY 2021). Net income: NT$4.48b (up 27% from FY 2021). Profit margin: 15% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 5.0%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Price Target Changed • Feb 21Price target increased by 7.9% to NT$248Up from NT$230, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$248. Stock is down 9.3% over the past year. The company is forecast to post earnings per share of NT$13.56 for next year compared to NT$10.36 last year.
Price Target Changed • Feb 07Price target increased by 12% to NT$230Up from NT$205, the current price target is an average from 13 analysts. New target price is approximately in line with last closing price of NT$232. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$13.69 for next year compared to NT$10.36 last year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Jhen-Yuan Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 09Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$4.13 (up from NT$3.98 in 3Q 2021). Revenue: NT$7.92b (up 5.2% from 3Q 2021). Net income: NT$1.43b (up 5.2% from 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be NT$201, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 3.9% in 2 years. Earnings is forecast to grow by 0.7% in the next 2 years.
Buying Opportunity • Sep 28Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 27%. The fair value is estimated to be NT$224, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 5.6% in 2 years. Earnings is forecast to grow by 2.2% in the next 2 years.
お知らせ • Aug 31Hiwin Technologies Corp. has completed a Follow-on Equity Offering in the amount of TWD 2.08 billion.Hiwin Technologies Corp. has completed a Follow-on Equity Offering in the amount of TWD 2.08 billion. Security Name: Shares Security Type: Common Stock Securities Offered: 13,000,000 Price\Range: TWD 160 Transaction Features: Rights Offering
Reported Earnings • Aug 13Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$3.60 (up from NT$3.09 in 2Q 2021). Revenue: NT$8.24b (up 17% from 2Q 2021). Net income: NT$1.23b (up 17% from 2Q 2021). Profit margin: 15% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) missed analyst estimates by 3.3%. Over the next year, revenue is forecast to grow 5.2%, compared to a 9.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Price Target Changed • Aug 11Price target decreased to NT$259Down from NT$280, the current price target is an average from 13 analysts. New target price is 24% above last closing price of NT$210. Stock is down 36% over the past year. The company is forecast to post earnings per share of NT$14.82 for next year compared to NT$10.36 last year.
Upcoming Dividend • Jul 05Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 08 August 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (3.4%).