View Financial HealthRuentex Engineering & Construction 配当と自社株買い配当金 基準チェック /46Ruentex Engineering & Construction配当を支払う会社であり、現在の利回りは5.99%で、収益によって十分にカバーされています。主要情報6.0%配当利回り0%バイバック利回り総株主利回り6.0%将来の配当利回りn/a配当成長16.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向85%最近の配当と自社株買いの更新Declared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).お知らせ • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).すべての更新を表示Recent updatesDeclared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.77 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.77 in 1Q 2025). Revenue: NT$7.35b (up 20% from 1Q 2025). Net income: NT$739.8m (up 35% from 1Q 2025). Profit margin: 10% (up from 8.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$10.75 (vs NT$8.93 in FY 2024)Full year 2025 results: EPS: NT$10.75 (up from NT$8.93 in FY 2024). Revenue: NT$31.5b (up 21% from FY 2024). Net income: NT$3.34b (up 20% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 10Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026. Location: 3 floor no,260, sec.2 pa to rd., taipei city TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$3.08 (vs NT$2.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.08 (up from NT$2.31 in 3Q 2024). Revenue: NT$8.09b (up 18% from 3Q 2024). Net income: NT$957.4m (up 34% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.40 (vs NT$2.03 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.40 (up from NT$2.03 in 2Q 2024). Revenue: NT$7.79b (up 16% from 2Q 2024). Net income: NT$745.8m (up 18% from 2Q 2024). Profit margin: 9.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.12 (vs NT$1.53 in 1Q 2024)First quarter 2025 results: EPS: NT$2.12 (up from NT$1.53 in 1Q 2024). Revenue: NT$6.19b (up 16% from 1Q 2024). Net income: NT$549.4m (up 39% from 1Q 2024). Profit margin: 8.9% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.お知らせ • Apr 29Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2025 Results on May 14, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$148, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 94% over the past three years.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$10.71 (vs NT$7.35 in FY 2023)Full year 2024 results: EPS: NT$10.71 (up from NT$7.35 in FY 2023). Revenue: NT$26.2b (up 18% from FY 2023). Net income: NT$2.77b (up 46% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 21Under The Bonnet, Ruentex Engineering & Construction's (TWSE:2597) Returns Look ImpressiveFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...お知らせ • Feb 08Ruentex Engineering & Construction Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025お知らせ • Jan 22Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan分析記事 • Nov 21The Strong Earnings Posted By Ruentex Engineering & Construction (TWSE:2597) Are A Good Indication Of The Strength Of The BusinessEven though Ruentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) recent earnings release was robust, the market...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.77 (vs NT$2.34 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.77 (up from NT$2.34 in 3Q 2023). Revenue: NT$6.88b (up 20% from 3Q 2023). Net income: NT$717.3m (up 18% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 26Ruentex Engineering & Construction Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.3% to NT$138. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Oct 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$139. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.分析記事 • Sep 30Why We Like The Returns At Ruentex Engineering & Construction (TWSE:2597)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Sep 24Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to NT$140. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Sep 09Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to NT$140. The fair value is estimated to be NT$177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.分析記事 • Aug 18A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TWSE:2597)Key Insights The projected fair value for Ruentex Engineering & Construction is NT$175 based on 2 Stage Free Cash Flow...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.44 (vs NT$1.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.44 (up from NT$1.41 in 2Q 2023). Revenue: NT$6.78b (up 22% from 2Q 2023). Net income: NT$630.8m (up 73% from 2Q 2023). Profit margin: 9.3% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$228, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 19x in the Construction industry in Taiwan. Total returns to shareholders of 165% over the past three years.お知らせ • Jul 25Ruentex Engineering & Construction Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$175, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 143% over the past three years.分析記事 • Jun 21Insufficient Growth At Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Hampers Share PriceRuentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) price-to-earnings (or "P/E") ratio of 16.2x might make it...Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.14 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$2.14 (up from NT$1.26 in 1Q 2023). Revenue: NT$5.36b (up 12% from 1Q 2023). Net income: NT$395.9m (up 70% from 1Q 2023). Profit margin: 7.4% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 28Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024分析記事 • Apr 17Returns At Ruentex Engineering & Construction (TWSE:2597) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$10.28 (vs NT$11.14 in FY 2022)Full year 2023 results: EPS: NT$10.28 (down from NT$11.14 in FY 2022). Revenue: NT$22.5b (down 8.0% from FY 2022). Net income: NT$1.90b (down 7.7% from FY 2022). Profit margin: 8.5% (up from 8.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 14The Market Lifts Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Shares 28% But It Can Do MoreThe Ruentex Engineering & Construction Co., Ltd. ( TWSE:2597 ) share price has done very well over the last month...Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$147, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 193% over the past three years.お知らせ • Feb 03Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024. Location: 3F.,No.260, Sec.2, Bade Rd., Zhongshan Dist Taipei Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' remuneration; and to consider Other Reported matters.Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$5.60b (down 9.3% from 2Q 2022). Net income: NT$363.9m (down 24% from 2Q 2022). Profit margin: 6.5% (down from 7.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 32% per year.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 187% over the past three years.Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$11.14 (vs NT$9.96 in FY 2021)Full year 2022 results: EPS: NT$11.14 (up from NT$9.96 in FY 2021). Revenue: NT$24.6b (up 16% from FY 2021). Net income: NT$2.06b (up 12% from FY 2021). Profit margin: 8.4% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 43%.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$3.97 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.97 (up from NT$2.54 in 3Q 2021). Revenue: NT$6.28b (up 25% from 3Q 2021). Net income: NT$733.9m (up 56% from 3Q 2021). Profit margin: 12% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.59 (vs NT$2.35 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.59 (up from NT$2.35 in 2Q 2021). Revenue: NT$6.20b (up 14% from 2Q 2021). Net income: NT$479.4m (up 10% from 2Q 2021). Profit margin: 7.7% (down from 8.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$2.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (down from NT$2.00 in 1Q 2021). Revenue: NT$5.13b (up 12% from 1Q 2021). Net income: NT$294.9m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 8.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 40% per year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.96 (up from NT$5.46 in FY 2020). Revenue: NT$21.3b (up 50% from FY 2020). Net income: NT$1.84b (up 82% from FY 2020). Profit margin: 8.6% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.お知らせ • Feb 12Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.54 (vs NT$1.72 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.09b (up 40% from 3Q 2020). Net income: NT$469.4m (up 47% from 3Q 2020). Profit margin: 9.2% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$129, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 481% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$3.22 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.52b (up 91% from 2Q 2020). Net income: NT$435.3m (up 319% from 2Q 2020). Profit margin: 7.9% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$146, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 369% over the past three years.Upcoming Dividend • Jul 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 30 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$173, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 459% over the past three years.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.74 (vs NT$0.63 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.63b (up 73% from 1Q 2020). Net income: NT$369.6m (up 337% from 1Q 2020). Profit margin: 8.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 310% over the past three years.分析記事 • Mar 27Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.48 (vs NT$5.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$14.5b (up 27% from FY 2019). Net income: NT$1.01b (up 49% from FY 2019). Profit margin: 7.0% (up from 6.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year.分析記事 • Mar 10Does Ruentex Engineering & Construction (TPE:2597) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 16x in the Construction industry in Taiwan. Total returns to shareholders over the past three years are 163%.分析記事 • Feb 22We're Watching These Trends At Ruentex Engineering & Construction (TPE:2597)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...Is New 90 Day High Low • Feb 17New 90-day high: NT$70.30The company is up 12% from its price of NT$62.60 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 3.0% over the same period.お知らせ • Feb 06Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021.分析記事 • Feb 04Ruentex Engineering & Construction Co., Ltd. (TPE:2597) Investors Should Think About This Before Buying It For Its DividendToday we'll take a closer look at Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) from a dividend investor's...分析記事 • Jan 20A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TPE:2597)Does the January share price for Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) reflect what it's really...分析記事 • Jan 04Ruentex Engineering & Construction (TPE:2597) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentOne simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...Is New 90 Day High Low • Jan 04New 90-day high: NT$66.00The company is up 10.0% from its price of NT$60.00 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 5.0% over the same period.分析記事 • Dec 20Ruentex Engineering & Construction Co., Ltd.'s (TPE:2597) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Ruentex Engineering & Construction's (TPE:2597) stock up by 7.5% over the past three months. However, the company's...Is New 90 Day High Low • Dec 15New 90-day high: NT$64.40The company is up 7.0% from its price of NT$60.10 on 15 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 1.0% over the same period.分析記事 • Dec 05Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.36The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$3.71b (up 26% from 3Q 2019). Net income: NT$318.6m (up 19% from 3Q 2019). Profit margin: 8.6% (down from 9.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.お知らせ • Nov 13Ruentex Engineering & Construction Co. Ltd to Undertake the Turnkey Project of the New Construction of the Company PlantPhison Electronics Corp. announced that on November 12, 2020 Ruentex Engineering & Construction Co. Ltd. is selected to undertake the turnkey project of The New Construction of the Company Plant with the Affiliated Loading/Unloading Parking Garage case located in Zhunan Guangyuan Science and Technology Park. In addition, the Company plans to use the compound chemical method to build a two-story underground and nine-story three-dimensional parking garage building with a reinforced concrete (RC) structure. The total floor area is about 9,400 square meters and the total construction price is approximately TWD 829 million (tax excluded) (including the architectural design, civil engineering, decoration, elevators, electricity, ventilation, water supply and drainage, weak electricity, fire protection, etc.). The Estimated Invested Capital and Its Source: The total cost of the new construction of the plant with the affiliated loading/unloading parking garage is approximately TWD 829,000,000 (tax excluded) and the company plans to support it by the equity fund. Payment Period: Place the order: 10% of the total contract price. After the start of construction is completed: 20% of the total contract price. The first project payment: 20% of the total project contract price (after grouting of the first floor of the structure is completed). The second project payment: 20% of the total project contract price (after the upper beam of the structure is completed). The third project payment: 15% of the total project contract price (after the fire protection project application is checked). The fourth project payment: 10% of the total project contract price (after obtaining the project license). Final payment: 5% of the total contract price of the project (guarantee after acceptance). The Estimated Duration: The Estimated Duration: After signing the contract, the estimated duration starts from February 5, 2021 to March 31, 2022; after obtaining the Usage License before March 31, 2022, the three-dimensional parking garage will be officially opened.Is New 90 Day High Low • Nov 11New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.60 on 13 August 2020. The Taiwanese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 7.0% over the same period.決済の安定と成長配当データの取得安定した配当: 2597の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 2597の配当金は過去10年間にわたって増加しています。配当利回り対市場Ruentex Engineering & Construction 配当利回り対市場2597 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (2597)6.0%市場下位25% (TW)1.7%市場トップ25% (TW)5.2%業界平均 (Construction)4.0%アナリスト予想 (2597) (最長3年)n/a注目すべき配当: 2597の配当金 ( 5.99% ) はTW市場の配当金支払者の下位 25% ( 1.68% ) よりも高くなっています。高配当: 2597の配当金 ( 5.99% ) はTW市場 ( 5.21% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 現在の配当性向（ 85.1% ）では、 2597の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 2597は高い 現金配当性向 ( 588.3% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/30 12:34終値2026/07/30 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ruentex Engineering & Construction Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Declared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).
お知らせ • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.
Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).
Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).
Declared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.77 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.77 in 1Q 2025). Revenue: NT$7.35b (up 20% from 1Q 2025). Net income: NT$739.8m (up 35% from 1Q 2025). Profit margin: 10% (up from 8.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$10.75 (vs NT$8.93 in FY 2024)Full year 2025 results: EPS: NT$10.75 (up from NT$8.93 in FY 2024). Revenue: NT$31.5b (up 21% from FY 2024). Net income: NT$3.34b (up 20% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 10Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$3.08 (vs NT$2.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.08 (up from NT$2.31 in 3Q 2024). Revenue: NT$8.09b (up 18% from 3Q 2024). Net income: NT$957.4m (up 34% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.40 (vs NT$2.03 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.40 (up from NT$2.03 in 2Q 2024). Revenue: NT$7.79b (up 16% from 2Q 2024). Net income: NT$745.8m (up 18% from 2Q 2024). Profit margin: 9.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.12 (vs NT$1.53 in 1Q 2024)First quarter 2025 results: EPS: NT$2.12 (up from NT$1.53 in 1Q 2024). Revenue: NT$6.19b (up 16% from 1Q 2024). Net income: NT$549.4m (up 39% from 1Q 2024). Profit margin: 8.9% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.
お知らせ • Apr 29Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2025 Results on May 14, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$148, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$10.71 (vs NT$7.35 in FY 2023)Full year 2024 results: EPS: NT$10.71 (up from NT$7.35 in FY 2023). Revenue: NT$26.2b (up 18% from FY 2023). Net income: NT$2.77b (up 46% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 21Under The Bonnet, Ruentex Engineering & Construction's (TWSE:2597) Returns Look ImpressiveFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
お知らせ • Feb 08Ruentex Engineering & Construction Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025
お知らせ • Jan 22Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan
分析記事 • Nov 21The Strong Earnings Posted By Ruentex Engineering & Construction (TWSE:2597) Are A Good Indication Of The Strength Of The BusinessEven though Ruentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) recent earnings release was robust, the market...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.77 (vs NT$2.34 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.77 (up from NT$2.34 in 3Q 2023). Revenue: NT$6.88b (up 20% from 3Q 2023). Net income: NT$717.3m (up 18% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 26Ruentex Engineering & Construction Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.3% to NT$138. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Oct 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$139. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
分析記事 • Sep 30Why We Like The Returns At Ruentex Engineering & Construction (TWSE:2597)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Sep 24Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to NT$140. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Sep 09Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to NT$140. The fair value is estimated to be NT$177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
分析記事 • Aug 18A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TWSE:2597)Key Insights The projected fair value for Ruentex Engineering & Construction is NT$175 based on 2 Stage Free Cash Flow...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.44 (vs NT$1.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.44 (up from NT$1.41 in 2Q 2023). Revenue: NT$6.78b (up 22% from 2Q 2023). Net income: NT$630.8m (up 73% from 2Q 2023). Profit margin: 9.3% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$228, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 19x in the Construction industry in Taiwan. Total returns to shareholders of 165% over the past three years.
お知らせ • Jul 25Ruentex Engineering & Construction Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$175, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 143% over the past three years.
分析記事 • Jun 21Insufficient Growth At Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Hampers Share PriceRuentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) price-to-earnings (or "P/E") ratio of 16.2x might make it...
Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.14 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$2.14 (up from NT$1.26 in 1Q 2023). Revenue: NT$5.36b (up 12% from 1Q 2023). Net income: NT$395.9m (up 70% from 1Q 2023). Profit margin: 7.4% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 28Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024
分析記事 • Apr 17Returns At Ruentex Engineering & Construction (TWSE:2597) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$10.28 (vs NT$11.14 in FY 2022)Full year 2023 results: EPS: NT$10.28 (down from NT$11.14 in FY 2022). Revenue: NT$22.5b (down 8.0% from FY 2022). Net income: NT$1.90b (down 7.7% from FY 2022). Profit margin: 8.5% (up from 8.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 14The Market Lifts Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Shares 28% But It Can Do MoreThe Ruentex Engineering & Construction Co., Ltd. ( TWSE:2597 ) share price has done very well over the last month...
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$147, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 193% over the past three years.
お知らせ • Feb 03Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024. Location: 3F.,No.260, Sec.2, Bade Rd., Zhongshan Dist Taipei Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' remuneration; and to consider Other Reported matters.
Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$5.60b (down 9.3% from 2Q 2022). Net income: NT$363.9m (down 24% from 2Q 2022). Profit margin: 6.5% (down from 7.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 32% per year.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 187% over the past three years.
Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$11.14 (vs NT$9.96 in FY 2021)Full year 2022 results: EPS: NT$11.14 (up from NT$9.96 in FY 2021). Revenue: NT$24.6b (up 16% from FY 2021). Net income: NT$2.06b (up 12% from FY 2021). Profit margin: 8.4% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 43%.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$3.97 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.97 (up from NT$2.54 in 3Q 2021). Revenue: NT$6.28b (up 25% from 3Q 2021). Net income: NT$733.9m (up 56% from 3Q 2021). Profit margin: 12% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.59 (vs NT$2.35 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.59 (up from NT$2.35 in 2Q 2021). Revenue: NT$6.20b (up 14% from 2Q 2021). Net income: NT$479.4m (up 10% from 2Q 2021). Profit margin: 7.7% (down from 8.0% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$2.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (down from NT$2.00 in 1Q 2021). Revenue: NT$5.13b (up 12% from 1Q 2021). Net income: NT$294.9m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 8.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 40% per year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.96 (up from NT$5.46 in FY 2020). Revenue: NT$21.3b (up 50% from FY 2020). Net income: NT$1.84b (up 82% from FY 2020). Profit margin: 8.6% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
お知らせ • Feb 12Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.54 (vs NT$1.72 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.09b (up 40% from 3Q 2020). Net income: NT$469.4m (up 47% from 3Q 2020). Profit margin: 9.2% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$129, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 481% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$3.22 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.52b (up 91% from 2Q 2020). Net income: NT$435.3m (up 319% from 2Q 2020). Profit margin: 7.9% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$146, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 369% over the past three years.
Upcoming Dividend • Jul 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 30 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$173, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 459% over the past three years.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.74 (vs NT$0.63 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.63b (up 73% from 1Q 2020). Net income: NT$369.6m (up 337% from 1Q 2020). Profit margin: 8.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 310% over the past three years.
分析記事 • Mar 27Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.48 (vs NT$5.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$14.5b (up 27% from FY 2019). Net income: NT$1.01b (up 49% from FY 2019). Profit margin: 7.0% (up from 6.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year.
分析記事 • Mar 10Does Ruentex Engineering & Construction (TPE:2597) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 16x in the Construction industry in Taiwan. Total returns to shareholders over the past three years are 163%.
分析記事 • Feb 22We're Watching These Trends At Ruentex Engineering & Construction (TPE:2597)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Is New 90 Day High Low • Feb 17New 90-day high: NT$70.30The company is up 12% from its price of NT$62.60 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 3.0% over the same period.
お知らせ • Feb 06Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021.
分析記事 • Feb 04Ruentex Engineering & Construction Co., Ltd. (TPE:2597) Investors Should Think About This Before Buying It For Its DividendToday we'll take a closer look at Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) from a dividend investor's...
分析記事 • Jan 20A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TPE:2597)Does the January share price for Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) reflect what it's really...
分析記事 • Jan 04Ruentex Engineering & Construction (TPE:2597) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentOne simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...
Is New 90 Day High Low • Jan 04New 90-day high: NT$66.00The company is up 10.0% from its price of NT$60.00 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 5.0% over the same period.
分析記事 • Dec 20Ruentex Engineering & Construction Co., Ltd.'s (TPE:2597) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Ruentex Engineering & Construction's (TPE:2597) stock up by 7.5% over the past three months. However, the company's...
Is New 90 Day High Low • Dec 15New 90-day high: NT$64.40The company is up 7.0% from its price of NT$60.10 on 15 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 1.0% over the same period.
分析記事 • Dec 05Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.36The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$3.71b (up 26% from 3Q 2019). Net income: NT$318.6m (up 19% from 3Q 2019). Profit margin: 8.6% (down from 9.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
お知らせ • Nov 13Ruentex Engineering & Construction Co. Ltd to Undertake the Turnkey Project of the New Construction of the Company PlantPhison Electronics Corp. announced that on November 12, 2020 Ruentex Engineering & Construction Co. Ltd. is selected to undertake the turnkey project of The New Construction of the Company Plant with the Affiliated Loading/Unloading Parking Garage case located in Zhunan Guangyuan Science and Technology Park. In addition, the Company plans to use the compound chemical method to build a two-story underground and nine-story three-dimensional parking garage building with a reinforced concrete (RC) structure. The total floor area is about 9,400 square meters and the total construction price is approximately TWD 829 million (tax excluded) (including the architectural design, civil engineering, decoration, elevators, electricity, ventilation, water supply and drainage, weak electricity, fire protection, etc.). The Estimated Invested Capital and Its Source: The total cost of the new construction of the plant with the affiliated loading/unloading parking garage is approximately TWD 829,000,000 (tax excluded) and the company plans to support it by the equity fund. Payment Period: Place the order: 10% of the total contract price. After the start of construction is completed: 20% of the total contract price. The first project payment: 20% of the total project contract price (after grouting of the first floor of the structure is completed). The second project payment: 20% of the total project contract price (after the upper beam of the structure is completed). The third project payment: 15% of the total project contract price (after the fire protection project application is checked). The fourth project payment: 10% of the total project contract price (after obtaining the project license). Final payment: 5% of the total contract price of the project (guarantee after acceptance). The Estimated Duration: The Estimated Duration: After signing the contract, the estimated duration starts from February 5, 2021 to March 31, 2022; after obtaining the Usage License before March 31, 2022, the three-dimensional parking garage will be officially opened.
Is New 90 Day High Low • Nov 11New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.60 on 13 August 2020. The Taiwanese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 7.0% over the same period.