Desiccant Technology（5292）株式概要デシカント・テクノロジー・コーポレーションは子会社とともに、台湾と中国で工業用除湿、乾燥、汚染防止装置を製造・販売している。 詳細5292 ファンダメンタル分析スノーフレーク・スコア評価4/6将来の成長0/6過去の実績4/6財務の健全性6/6配当金3/6報酬当社が推定した公正価値より83.6%で取引されている 過去1年間で収益は8.3%増加しました リスク分析不安定な配当実績 すべてのリスクチェックを見る5292 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW494,830 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG494,830 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$227.0011.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture06b2016201920222025202620282031Revenue NT$5.5bEarnings NT$851.5mAdvancedSet Fair ValueView all narrativesDesiccant Technology Corporation 競合他社Khgears InternationalSymbol: TWSE:4571Market cap: NT$9.0bNational Aerospace FastenersSymbol: TWSE:3004Market cap: NT$9.7bWaffer TechnologySymbol: TWSE:6235Market cap: NT$8.8bAsia Metal IndustriesSymbol: TPEX:6727Market cap: NT$12.0b価格と性能株価の高値、安値、推移の概要Desiccant Technology過去の株価現在の株価NT$227.0052週高値NT$271.5052週安値NT$135.00ベータ0.101ヶ月の変化0.89%3ヶ月変化7.33%1年変化62.67%3年間の変化123.31%5年間の変化315.02%IPOからの変化753.49%最新ニュースUpcoming Dividend • Jul 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 03 August 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.6%).Declared Dividend • Jun 12Dividend of NT$5.50 announcedShareholders will receive a dividend of NT$5.50. Ex-date: 9th July 2026 Payment date: 3rd August 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 24% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$2.58 (vs NT$2.40 in 1Q 2025)First quarter 2026 results: EPS: NT$2.58 (up from NT$2.40 in 1Q 2025). Revenue: NT$623.6m (down 13% from 1Q 2025). Net income: NT$108.8m (up 7.5% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$254, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 388% over the past three years.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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$234, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 316% over the past three years.最新情報をもっと見るRecent updatesUpcoming Dividend • Jul 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 03 August 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.6%).Declared Dividend • Jun 12Dividend of NT$5.50 announcedShareholders will receive a dividend of NT$5.50. Ex-date: 9th July 2026 Payment date: 3rd August 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 24% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$2.58 (vs NT$2.40 in 1Q 2025)First quarter 2026 results: EPS: NT$2.58 (up from NT$2.40 in 1Q 2025). Revenue: NT$623.6m (down 13% from 1Q 2025). Net income: NT$108.8m (up 7.5% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$254, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 388% over the past three years.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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$234, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 316% over the past three years.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$9.93 (vs NT$8.96 in FY 2024)Full year 2025 results: EPS: NT$9.93 (up from NT$8.96 in FY 2024). Revenue: NT$2.86b (up 27% from FY 2024). Net income: NT$418.3m (up 11% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 04Desiccant Technology Corporation, Annual General Meeting, May 20, 2026Desiccant Technology Corporation, Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: 17 floor no,88, chung shan rd., jhongli district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$213, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 334% over the past three years.Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$171, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 240% over the past three years.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.23 (vs NT$2.03 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.23 (up from NT$2.03 in 3Q 2024). Revenue: NT$733.5m (up 38% from 3Q 2024). Net income: NT$93.9m (up 10.0% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 42% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.24 (vs NT$2.05 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.24 (up from NT$2.05 in 2Q 2024). Revenue: NT$664.7m (up 46% from 2Q 2024). Net income: NT$94.5m (up 9.4% from 2Q 2024). Profit margin: 14% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 03Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.8%).Declared Dividend • Jun 12Dividend of NT$4.50 announcedShareholders will receive a dividend of NT$4.50. Ex-date: 10th July 2025 Payment date: 1st August 2025 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 22% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 23Desiccant Technology Corporation Approves Board ElectionsDesiccant Technology Corporation approved the election of CHENG, SHIH-CHIH as Director and CHANG, JUNG-MING, HSIUE, JUNG-SHENG and HUNG, SHENG-HAO as Independent Directors, at its 2025 shareholders’ meeting held on May 22, 2025. 14th-term Board of Directors of the Company - Directors: CHENG, SHIH-CHIH, CHEN, HSIN-HUAN, LEE, LAI MING-CHU and Independent Directors: CHANG, JUNG-MING, GUO, ZI-HONG, HSIUE, JUNG-SHENG, and HUNG, SHENG-HAO.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.64 (vs NT$2.22 in 1Q 2024)First quarter 2025 results: EPS: NT$2.64 (up from NT$2.22 in 1Q 2024). Revenue: NT$720.3m (up 31% from 1Q 2024). Net income: NT$101.2m (up 19% from 1Q 2024). Profit margin: 14% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 06Desiccant Technology Corporation to Report Q1, 2025 Results on May 13, 2025Desiccant Technology Corporation announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 129% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$9.86 (vs NT$8.87 in FY 2023)Full year 2024 results: EPS: NT$9.86 (up from NT$8.87 in FY 2023). Revenue: NT$2.25b (up 7.5% from FY 2023). Net income: NT$377.3m (up 24% from FY 2023). Profit margin: 17% (up from 15% 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 24% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 05Desiccant Technology Corporation, Annual General Meeting, May 22, 2025Desiccant Technology Corporation, Annual General Meeting, May 22, 2025, at 10:00 Taipei Standard Time. Location: 17 floor no,88, chung shan rd., jhongli district, taoyuan city Taiwanお知らせ • Feb 25Desiccant Technology Corporation to Report Fiscal Year 2024 Results on Mar 04, 2025Desiccant Technology Corporation announced that they will report fiscal year 2024 results on Mar 04, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$2.23 (vs NT$1.84 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.23 (up from NT$1.84 in 3Q 2023). Revenue: NT$532.4m (up 31% from 3Q 2023). Net income: NT$85.3m (up 37% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 05Desiccant Technology Corporation to Report Q3, 2024 Results on Nov 12, 2024Desiccant Technology Corporation announced that they will report Q3, 2024 results on Nov 12, 2024分析記事 • Sep 20Investors Don't See Light At End Of Desiccant Technology Corporation's (TWSE:5292) TunnelWith a price-to-earnings (or "P/E") ratio of 19.2x Desiccant Technology Corporation ( TWSE:5292 ) may be sending...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.26 (vs NT$2.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.26. Revenue: NT$454.1m (up 14% from 2Q 2023). Net income: NT$86.3m (up 5.9% from 2Q 2023). Profit margin: 19% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses.お知らせ • Aug 07Desiccant Technology Corporation to Report Q2, 2024 Results on Aug 12, 2024Desiccant Technology Corporation announced that they will report Q2, 2024 results on Aug 12, 2024分析記事 • Aug 06Desiccant Technology (TWSE:5292) Could Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...Upcoming Dividend • Jul 05Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.4%).Declared Dividend • Jun 20Dividend of NT$4.50 announcedShareholders will receive a dividend of NT$4.50. Ex-date: 11th July 2024 Payment date: 5th August 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 25% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$2.45 (vs NT$2.07 in 1Q 2023)First quarter 2024 results: EPS: NT$2.45 (up from NT$2.07 in 1Q 2023). Revenue: NT$551.5m (down 13% from 1Q 2023). Net income: NT$85.1m (up 34% from 1Q 2023). Profit margin: 15% (up from 10.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 22Desiccant Technology's (TWSE:5292) Solid Earnings Are Supported By Other Strong FactorsDesiccant Technology Corporation ( TWSE:5292 ) just reported healthy earnings but the stock price didn't move much...Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$9.75 (vs NT$7.90 in FY 2022)Full year 2023 results: EPS: NT$9.75 (up from NT$7.90 in FY 2022). Revenue: NT$2.09b (up 3.7% from FY 2022). Net income: NT$305.1m (up 26% from FY 2022). Profit margin: 15% (up from 12% in FY 2022). 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 30% per year.お知らせ • Mar 13Desiccant Technology Corporation, Annual General Meeting, Jun 07, 2024Desiccant Technology Corporation, Annual General Meeting, Jun 07, 2024. Location: 17F., No. 88, Zhongshan Rd., Zhongli Dist Taoyuan City 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' and directors' remuneration; to consider report on the performance assessments and remuneration for directors and managers; to consider amendment of the rules governing procedure for board of directors meetings of DTECH; to consider 2023 business report and financial statements; to consider 2023 earnings distribution; to consider amendment the rules of procedure for shareholders' meetings of DTECH; to consider proposal for the issuance of new shares for stock dividends; and to consider other issues.New Risk • Jan 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (13% increase in shares outstanding).Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$138, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 242% over the past three years.New Risk • Nov 22New 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 8.0% 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 (8.0% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$121, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 213% over the past three years.New Risk • Oct 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.23b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.23b market cap, or US$99.7m).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$2.65 (vs NT$1.65 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.65 (up from NT$1.65 in 2Q 2022). Revenue: NT$398.9m (down 22% from 2Q 2022). Net income: NT$81.5m (up 61% from 2Q 2022). Profit margin: 20% (up from 10.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$125, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 200% over the past three years.Upcoming Dividend • Jun 29Upcoming dividend of NT$3.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$95.30, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 131% over the past three years.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$79.30, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 96% over the past three years.Reported Earnings • Apr 26Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$2.02b (up 37% from FY 2021). Net income: NT$242.0m (up 67% from FY 2021). Profit margin: 12% (up from 9.9% in FY 2021). The increase in margin was driven by higher revenue.Upcoming Dividend • Jun 24Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 01 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (3.3%).Reported Earnings • May 04Full year 2021 earnings released: EPS: NT$5.42 (vs NT$4.33 in FY 2020)Full year 2021 results: EPS: NT$5.42 (up from NT$4.33 in FY 2020). Revenue: NT$1.47b (up 32% from FY 2020). Net income: NT$145.3m (up 25% from FY 2020). Profit margin: 9.9% (in line with FY 2020).Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 44% over the past year.Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$2.99 (vs NT$1.47 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$710.7m (up 34% from 1H 2020). Net income: NT$80.1m (up 104% from 1H 2020). Profit margin: 11% (up from 7.4% in 1H 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • Jul 23Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 18 August 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$71.80, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past year.Reported Earnings • May 02Full year 2020 earnings released: EPS NT$4.33 (vs NT$2.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 5.2% from FY 2019). Net income: NT$115.9m (up 73% from FY 2019). Profit margin: 10% (up from 6.3% in FY 2019).分析記事 • Mar 10We Like These Underlying Trends At Desiccant Technology (GTSM:5292)If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$70.30, the stock is trading at a trailing P/E ratio of 25.2x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 20x in the Machinery industry in Taiwan. Total returns to shareholders over the past year are 70%.Is New 90 Day High Low • Feb 26New 90-day high: NT$59.50The company is up 24% from its price of NT$48.00 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 17% over the same period.分析記事 • Feb 03Are Strong Financial Prospects The Force That Is Driving The Momentum In Desiccant Technology Corporation's GTSM:5292) Stock?Most readers would already be aware that Desiccant Technology's (GTSM:5292) stock increased significantly by 20% over...分析記事 • Jan 13Did Desiccant Technology's (GTSM:5292) Share Price Deserve to Gain 61%?These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors can...Is New 90 Day High Low • Jan 02New 90-day high: NT$50.60The company is up 4.0% from its price of NT$48.80 on 05 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.分析記事 • Dec 23Here's Why Desiccant Technology's (GTSM:5292) Statutory Earnings Are Arguably Too ConservativeMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...分析記事 • Nov 18Should Desiccant Technology Corporation (GTSM:5292) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Desiccant Technology Corporation (GTSM:5292) from a dividend investor's perspective...Is New 90 Day High Low • Sep 24New 90-day low: NT$41.00The company is down 20% from its price of NT$51.00 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period.株主還元5292TW MachineryTW 市場7D9.1%8.2%5.1%1Y62.7%73.5%106.1%株主還元を見る業界別リターン: 5292過去 1 年間で73.5 % の収益を上げたTW Machinery業界を下回りました。リターン対市場: 5292は、過去 1 年間で106.1 % のリターンを上げたTW市場を下回りました。価格変動Is 5292's price volatile compared to industry and market?5292 volatility5292 Average Weekly Movement7.3%Machinery Industry Average Movement7.6%Market Average Movement6.4%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 5292 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 5292の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1978n/aShih-Chih Chengwww.dtech-group.comデシカント・テクノロジー・コーポレーションは子会社とともに、台湾および中国で工業用除湿・乾燥・汚染防止装置の製造・販売を行っている。また、空気浄化・加工、プラスチック加工、省エネルギー設備とその部品も提供している。さらに、揮発性有機ガス排ガス処理システム、回転式再生・触媒熱酸化装置、廃液・廃水熱酸化装置システム、有機溶剤回収装置、熱交換器、超低露点乾燥剤吸着装置、ケミカルフィルター、汚泥熱酸化・乾燥システムを提供している。さらに、投資および国際貿易活動も行っている。乾燥剤技術有限公司は1989年に設立され、台湾桃園市に本社を置いています。もっと見るDesiccant Technology Corporation 基礎のまとめDesiccant Technology の収益と売上を時価総額と比較するとどうか。5292 基礎統計学時価総額NT$9.56b収益（TTM）NT$425.89m売上高(TTM)NT$2.76b22.4xPER（株価収益率3.5xP/Sレシオ5292 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計5292 損益計算書（TTM）収益NT$2.76b売上原価NT$2.09b売上総利益NT$677.64mその他の費用NT$251.76m収益NT$425.89m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）10.11グロス・マージン24.51%純利益率15.41%有利子負債／自己資本比率2.0%5292 の長期的なパフォーマンスは？過去の実績と比較を見る配当金2.4%現在の配当利回り54%配当性向5292 配当は確実ですか？5292 配当履歴とベンチマークを見る5292 、いつまでに購入すれば配当金を受け取れますか？Desiccant Technology 配当日配当落ち日Jul 09 2026配当支払日Aug 03 2026配当落ちまでの日数4 days配当支払日までの日数29 days5292 配当は確実ですか？5292 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/04 07:26終値2026/07/03 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Desiccant Technology Corporation 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
Upcoming Dividend • Jul 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 03 August 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.6%).
Declared Dividend • Jun 12Dividend of NT$5.50 announcedShareholders will receive a dividend of NT$5.50. Ex-date: 9th July 2026 Payment date: 3rd August 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 24% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$2.58 (vs NT$2.40 in 1Q 2025)First quarter 2026 results: EPS: NT$2.58 (up from NT$2.40 in 1Q 2025). Revenue: NT$623.6m (down 13% from 1Q 2025). Net income: NT$108.8m (up 7.5% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$254, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 388% over the past three years.
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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$234, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 316% over the past three years.
Upcoming Dividend • Jul 02Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 03 August 2026. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.6%).
Declared Dividend • Jun 12Dividend of NT$5.50 announcedShareholders will receive a dividend of NT$5.50. Ex-date: 9th July 2026 Payment date: 3rd August 2026 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 24% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$2.58 (vs NT$2.40 in 1Q 2025)First quarter 2026 results: EPS: NT$2.58 (up from NT$2.40 in 1Q 2025). Revenue: NT$623.6m (down 13% from 1Q 2025). Net income: NT$108.8m (up 7.5% from 1Q 2025). Profit margin: 17% (up from 14% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$254, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 388% over the past three years.
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 8.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change).
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$234, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total returns to shareholders of 316% over the past three years.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$9.93 (vs NT$8.96 in FY 2024)Full year 2025 results: EPS: NT$9.93 (up from NT$8.96 in FY 2024). Revenue: NT$2.86b (up 27% from FY 2024). Net income: NT$418.3m (up 11% from FY 2024). Profit margin: 15% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 04Desiccant Technology Corporation, Annual General Meeting, May 20, 2026Desiccant Technology Corporation, Annual General Meeting, May 20, 2026, at 09:00 Taipei Standard Time. Location: 17 floor no,88, chung shan rd., jhongli district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$213, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 26x in the Machinery industry in Taiwan. Total returns to shareholders of 334% over the past three years.
Valuation Update With 7 Day Price Move • Dec 31Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$171, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 24x in the Machinery industry in Taiwan. Total returns to shareholders of 240% over the past three years.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$2.23 (vs NT$2.03 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.23 (up from NT$2.03 in 3Q 2024). Revenue: NT$733.5m (up 38% from 3Q 2024). Net income: NT$93.9m (up 10.0% from 3Q 2024). Profit margin: 13% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. 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 42% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.24 (vs NT$2.05 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.24 (up from NT$2.05 in 2Q 2024). Revenue: NT$664.7m (up 46% from 2Q 2024). Net income: NT$94.5m (up 9.4% from 2Q 2024). Profit margin: 14% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 03Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 01 August 2025. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (2.8%).
Declared Dividend • Jun 12Dividend of NT$4.50 announcedShareholders will receive a dividend of NT$4.50. Ex-date: 10th July 2025 Payment date: 1st August 2025 Dividend yield will be 3.0%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (38% cash payout ratio). The dividend has increased by an average of 22% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 35% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 23Desiccant Technology Corporation Approves Board ElectionsDesiccant Technology Corporation approved the election of CHENG, SHIH-CHIH as Director and CHANG, JUNG-MING, HSIUE, JUNG-SHENG and HUNG, SHENG-HAO as Independent Directors, at its 2025 shareholders’ meeting held on May 22, 2025. 14th-term Board of Directors of the Company - Directors: CHENG, SHIH-CHIH, CHEN, HSIN-HUAN, LEE, LAI MING-CHU and Independent Directors: CHANG, JUNG-MING, GUO, ZI-HONG, HSIUE, JUNG-SHENG, and HUNG, SHENG-HAO.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.64 (vs NT$2.22 in 1Q 2024)First quarter 2025 results: EPS: NT$2.64 (up from NT$2.22 in 1Q 2024). Revenue: NT$720.3m (up 31% from 1Q 2024). Net income: NT$101.2m (up 19% from 1Q 2024). Profit margin: 14% (down from 15% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 06Desiccant Technology Corporation to Report Q1, 2025 Results on May 13, 2025Desiccant Technology Corporation announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 129% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$9.86 (vs NT$8.87 in FY 2023)Full year 2024 results: EPS: NT$9.86 (up from NT$8.87 in FY 2023). Revenue: NT$2.25b (up 7.5% from FY 2023). Net income: NT$377.3m (up 24% from FY 2023). Profit margin: 17% (up from 15% 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 24% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 05Desiccant Technology Corporation, Annual General Meeting, May 22, 2025Desiccant Technology Corporation, Annual General Meeting, May 22, 2025, at 10:00 Taipei Standard Time. Location: 17 floor no,88, chung shan rd., jhongli district, taoyuan city Taiwan
お知らせ • Feb 25Desiccant Technology Corporation to Report Fiscal Year 2024 Results on Mar 04, 2025Desiccant Technology Corporation announced that they will report fiscal year 2024 results on Mar 04, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$2.23 (vs NT$1.84 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.23 (up from NT$1.84 in 3Q 2023). Revenue: NT$532.4m (up 31% from 3Q 2023). Net income: NT$85.3m (up 37% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 05Desiccant Technology Corporation to Report Q3, 2024 Results on Nov 12, 2024Desiccant Technology Corporation announced that they will report Q3, 2024 results on Nov 12, 2024
分析記事 • Sep 20Investors Don't See Light At End Of Desiccant Technology Corporation's (TWSE:5292) TunnelWith a price-to-earnings (or "P/E") ratio of 19.2x Desiccant Technology Corporation ( TWSE:5292 ) may be sending...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.26 (vs NT$2.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.26. Revenue: NT$454.1m (up 14% from 2Q 2023). Net income: NT$86.3m (up 5.9% from 2Q 2023). Profit margin: 19% (down from 20% in 2Q 2023). The decrease in margin was driven by higher expenses.
お知らせ • Aug 07Desiccant Technology Corporation to Report Q2, 2024 Results on Aug 12, 2024Desiccant Technology Corporation announced that they will report Q2, 2024 results on Aug 12, 2024
分析記事 • Aug 06Desiccant Technology (TWSE:5292) Could Become A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
Upcoming Dividend • Jul 05Upcoming dividend of NT$4.50 per shareEligible shareholders must have bought the stock before 11 July 2024. Payment date: 05 August 2024. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.4%).
Declared Dividend • Jun 20Dividend of NT$4.50 announcedShareholders will receive a dividend of NT$4.50. Ex-date: 11th July 2024 Payment date: 5th August 2024 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (44% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 25% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$2.45 (vs NT$2.07 in 1Q 2023)First quarter 2024 results: EPS: NT$2.45 (up from NT$2.07 in 1Q 2023). Revenue: NT$551.5m (down 13% from 1Q 2023). Net income: NT$85.1m (up 34% from 1Q 2023). Profit margin: 15% (up from 10.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 22Desiccant Technology's (TWSE:5292) Solid Earnings Are Supported By Other Strong FactorsDesiccant Technology Corporation ( TWSE:5292 ) just reported healthy earnings but the stock price didn't move much...
Reported Earnings • Mar 20Full year 2023 earnings released: EPS: NT$9.75 (vs NT$7.90 in FY 2022)Full year 2023 results: EPS: NT$9.75 (up from NT$7.90 in FY 2022). Revenue: NT$2.09b (up 3.7% from FY 2022). Net income: NT$305.1m (up 26% from FY 2022). Profit margin: 15% (up from 12% in FY 2022). 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 30% per year.
お知らせ • Mar 13Desiccant Technology Corporation, Annual General Meeting, Jun 07, 2024Desiccant Technology Corporation, Annual General Meeting, Jun 07, 2024. Location: 17F., No. 88, Zhongshan Rd., Zhongli Dist Taoyuan City 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' and directors' remuneration; to consider report on the performance assessments and remuneration for directors and managers; to consider amendment of the rules governing procedure for board of directors meetings of DTECH; to consider 2023 business report and financial statements; to consider 2023 earnings distribution; to consider amendment the rules of procedure for shareholders' meetings of DTECH; to consider proposal for the issuance of new shares for stock dividends; and to consider other issues.
New Risk • Jan 19New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.4% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (13% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Nov 24Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$138, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 242% over the past three years.
New Risk • Nov 22New 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 8.0% 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 (8.0% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$121, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 213% over the past three years.
New Risk • Oct 31New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.23b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.23b market cap, or US$99.7m).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$2.65 (vs NT$1.65 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.65 (up from NT$1.65 in 2Q 2022). Revenue: NT$398.9m (down 22% from 2Q 2022). Net income: NT$81.5m (up 61% from 2Q 2022). Profit margin: 20% (up from 10.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$125, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 200% over the past three years.
Upcoming Dividend • Jun 29Upcoming dividend of NT$3.00 per share at 2.8% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$95.30, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 131% over the past three years.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$79.30, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Apr 26Full year 2022 earnings releasedFull year 2022 results: Revenue: NT$2.02b (up 37% from FY 2021). Net income: NT$242.0m (up 67% from FY 2021). Profit margin: 12% (up from 9.9% in FY 2021). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jun 24Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 01 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 28% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (3.3%).
Reported Earnings • May 04Full year 2021 earnings released: EPS: NT$5.42 (vs NT$4.33 in FY 2020)Full year 2021 results: EPS: NT$5.42 (up from NT$4.33 in FY 2020). Revenue: NT$1.47b (up 32% from FY 2020). Net income: NT$145.3m (up 25% from FY 2020). Profit margin: 9.9% (in line with FY 2020).
Valuation Update With 7 Day Price Move • Dec 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$67.50, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 44% over the past year.
Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$2.99 (vs NT$1.47 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$710.7m (up 34% from 1H 2020). Net income: NT$80.1m (up 104% from 1H 2020). Profit margin: 11% (up from 7.4% in 1H 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jul 23Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 30 July 2021. Payment date: 18 August 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • May 21Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$71.80, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 50% over the past year.
Reported Earnings • May 02Full year 2020 earnings released: EPS NT$4.33 (vs NT$2.80 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 5.2% from FY 2019). Net income: NT$115.9m (up 73% from FY 2019). Profit margin: 10% (up from 6.3% in FY 2019).
分析記事 • Mar 10We Like These Underlying Trends At Desiccant Technology (GTSM:5292)If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$70.30, the stock is trading at a trailing P/E ratio of 25.2x, up from the previous P/E ratio of 20.2x. This compares to an average P/E of 20x in the Machinery industry in Taiwan. Total returns to shareholders over the past year are 70%.
Is New 90 Day High Low • Feb 26New 90-day high: NT$59.50The company is up 24% from its price of NT$48.00 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 17% over the same period.
分析記事 • Feb 03Are Strong Financial Prospects The Force That Is Driving The Momentum In Desiccant Technology Corporation's GTSM:5292) Stock?Most readers would already be aware that Desiccant Technology's (GTSM:5292) stock increased significantly by 20% over...
分析記事 • Jan 13Did Desiccant Technology's (GTSM:5292) Share Price Deserve to Gain 61%?These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But investors can...
Is New 90 Day High Low • Jan 02New 90-day high: NT$50.60The company is up 4.0% from its price of NT$48.80 on 05 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.
分析記事 • Dec 23Here's Why Desiccant Technology's (GTSM:5292) Statutory Earnings Are Arguably Too ConservativeMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
分析記事 • Nov 18Should Desiccant Technology Corporation (GTSM:5292) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Desiccant Technology Corporation (GTSM:5292) from a dividend investor's perspective...
Is New 90 Day High Low • Sep 24New 90-day low: NT$41.00The company is down 20% from its price of NT$51.00 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 7.0% over the same period.
