Cathay Consolidated（1342）株式概要Cathay Consolidated, Inc.は、台湾でテクニカルファブリックと完成品の受託製造業を営んでいる。 詳細1342 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績3/6財務の健全性5/6配当金2/6報酬株価収益率（ 19.7 x） TW市場（ 22.8 x）を下回っています。リスク分析5.11%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見る1342 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$117.509.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04b2016201920222025202620282031Revenue NT$4.5bEarnings NT$696.0mAdvancedSet Fair ValueView all narrativesCathay Consolidated, Inc. 競合他社Taiwan PaihoSymbol: TWSE:9938Market cap: NT$13.5bDe Licacy IndustrialSymbol: TWSE:1464Market cap: NT$4.4bKing Chou Marine TechnologySymbol: TPEX:4417Market cap: NT$3.9bTST Group HoldingSymbol: TWSE:4439Market cap: NT$3.4b価格と性能株価の高値、安値、推移の概要Cathay Consolidated過去の株価現在の株価NT$117.5052週高値NT$117.5052週安値NT$80.10ベータ0.171ヶ月の変化25.67%3ヶ月変化32.02%1年変化31.28%3年間の変化2.58%5年間の変化140.69%IPOからの変化88.96%最新ニュースValuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 16% over the past three years.Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.79 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.79 in 1Q 2025). Revenue: NT$917.3m (up 18% from 1Q 2025). Net income: NT$162.2m (up 15% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Mar 05Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.0%).New Risk • Feb 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 113% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 15Full year 2025 earnings released: EPS: NT$5.62 (vs NT$6.27 in FY 2024)Full year 2025 results: EPS: NT$5.62 (down from NT$6.27 in FY 2024). Revenue: NT$2.86b (up 14% from FY 2024). Net income: NT$442.8m (down 9.6% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.Declared Dividend • Feb 07Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 12th March 2026 Payment date: 16th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 13% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.最新情報をもっと見るRecent updatesValuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 16% over the past three years.Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.79 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.79 in 1Q 2025). Revenue: NT$917.3m (up 18% from 1Q 2025). Net income: NT$162.2m (up 15% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.Upcoming Dividend • Mar 05Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.0%).New Risk • Feb 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 113% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Feb 15Full year 2025 earnings released: EPS: NT$5.62 (vs NT$6.27 in FY 2024)Full year 2025 results: EPS: NT$5.62 (down from NT$6.27 in FY 2024). Revenue: NT$2.86b (up 14% from FY 2024). Net income: NT$442.8m (down 9.6% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.Declared Dividend • Feb 07Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 12th March 2026 Payment date: 16th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 13% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 06+ 1 more updateCathay Consolidated, Inc., Annual General Meeting, May 14, 2026Cathay Consolidated, Inc., Annual General Meeting, May 14, 2026. Location: no,15, kung yuan 2nd rd., wujie township, yilan county TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.34 (vs NT$1.46 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.34 (down from NT$1.46 in 3Q 2024). Revenue: NT$614.4m (up 2.4% from 3Q 2024). Net income: NT$106.0m (down 7.0% from 3Q 2024). Profit margin: 17% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: NT$0.88 (vs NT$1.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.88 (down from NT$1.77 in 2Q 2024). Revenue: NT$706.2m (up 14% from 2Q 2024). Net income: NT$69.7m (down 50% from 2Q 2024). Profit margin: 9.9% (down from 22% 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 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 05First quarter 2025 earnings released: EPS: NT$1.79 (vs NT$1.59 in 1Q 2024)First quarter 2025 results: EPS: NT$1.79 (up from NT$1.59 in 1Q 2024). Revenue: NT$778.9m (up 27% from 1Q 2024). Net income: NT$140.8m (up 13% from 1Q 2024). Profit margin: 18% (down from 20% 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 8% per year whereas the company’s share price has increased by 13% per year.お知らせ • Apr 17Cathay Consolidated, Inc. to Report Q1, 2025 Results on Apr 24, 2025Cathay Consolidated, Inc. announced that they will report Q1, 2025 results on Apr 24, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$78.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 56% over the past three years.Upcoming Dividend • Mar 13Upcoming dividend of NT$4.79 per shareEligible shareholders must have bought the stock before 20 March 2025. Payment date: 16 April 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.0%).Reported Earnings • Feb 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$6.27 (down from NT$6.83 in FY 2023). Revenue: NT$2.51b (down 2.1% from FY 2023). Net income: NT$489.6m (down 7.6% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.9%. 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 26% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Feb 15Dividend of NT$4.80 announcedShareholders will receive a dividend of NT$4.80. Ex-date: 20th March 2025 Payment date: 16th April 2025 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Feb 14+ 1 more updateCathay Consolidated, Inc., Annual General Meeting, May 22, 2025Cathay Consolidated, Inc., Annual General Meeting, May 22, 2025. Location: no,15, kung yuan 2nd rd., wujie township, yilan county Taiwanお知らせ • Feb 06Cathay Consolidated, Inc. to Report Q4, 2024 Results on Feb 13, 2025Cathay Consolidated, Inc. announced that they will report Q4, 2024 results on Feb 13, 2025Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.46 (down from NT$1.99 in 3Q 2023). Revenue: NT$600.0m (down 9.6% from 3Q 2023). Net income: NT$114.0m (down 26% from 3Q 2023). Profit margin: 19% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. 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 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 10Cathay Consolidated, Inc. to Report Q3, 2024 Results on Oct 17, 2024Cathay Consolidated, Inc. announced that they will report Q3, 2024 results on Oct 17, 2024Buy Or Sell Opportunity • Aug 07Now 26% overvaluedOver the last 90 days, the stock has fallen 12% to NT$92.90. The fair value is estimated to be NT$73.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 11% in the next year.Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.77 (down from NT$1.83 in 2Q 2023). Revenue: NT$619.9m (up 2.1% from 2Q 2023). Net income: NT$138.4m (down 2.0% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.4%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan. 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 26% per year.お知らせ • Jul 18Cathay Consolidated, Inc. to Report First Half, 2024 Results on Jul 25, 2024Cathay Consolidated, Inc. announced that they will report first half, 2024 results on Jul 25, 2024お知らせ • May 25+ 2 more updatesCathay Consolidated, Inc. Announces Remuneration Committee ChangesCathay Consolidated, Inc. announced the new-elected members of the Remuneration Committee. Title and name of the previous position holder:Chen Xian-Zhi. Resume of the previous position holder: Manager of Hua Nan Commercial Bank Ltd. Title and name of the new position holder:Jackie,Shao 6.Resume of the new position holder: Professor of Department of Recreation and Sport Management, University of Taipei. Circumstances of change is new appointment. Effective date of the new appointment is May 23, 2024.お知らせ • Apr 19Cathay Consolidated, Inc. to Report Q1, 2024 Results on Apr 25, 2024Cathay Consolidated, Inc. announced that they will report Q1, 2024 results on Apr 25, 2024Upcoming Dividend • Mar 14Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 18 April 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (4.2%).Reported Earnings • Feb 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$7.52 (up from NT$7.34 in FY 2022). Revenue: NT$2.56b (flat on FY 2022). Net income: NT$529.8m (up 6.1% from FY 2022). Profit margin: 21% (up from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year.分析記事 • Feb 27Cathay Consolidated (TWSE:1342) Will Pay A Smaller Dividend Than Last YearCathay Consolidated, Inc. ( TWSE:1342 ) has announced it will be reducing its dividend payable on the 18th of April to...Declared Dividend • Feb 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 6.9% lower than last year. Ex-date: 21st March 2024 Payment date: 18th April 2024 Dividend yield will be 4.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 21% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Feb 23+ 1 more updateCathay Consolidated, Inc. Announces Cash Dividend, Payable on April 18, 2024Cathay Consolidated, Inc. announced Cash dividends of TWD 5 per share. Ex-rights (ex-dividend) trading date is March 21, 2024. Ex-rights (ex-dividend) record date is March 29, 2024. Payment date of common stock cash dividend distribution is April 18, 2024.お知らせ • Dec 15Cathay Consolidated, Inc. Announces Appointment of George T.S. Liu as Chief Information Security OfficerCathay Consolidated, Inc. announced the appointment of George T.S. Liu as Chief Information Security Officer. Name, title, and resume of the new position holder: George T.S. Liu, General manager. Effective date is December 14, 2023.お知らせ • Oct 16Cathay Consolidated, Inc. Announces Death Death and Dismissal of Independent Director and Audit Committee and the Remuneration CommitteeCathay Consolidated, Inc. announced death and dismissal of Independent Director and the Audit Committee and the Remuneration Committee. Date of occurrence of the change: October 15, 2023. Name of the functional committees: Independent Director and Audit Committee and the Remuneration Committee. Name of the previous position holder: Independent director of the company /Chen Xian-Zhi Resume of the previous position holder: The Company Audit Committee and the Remuneration Committee. Circumstances of change: death. Any other matters that need to be specified: The Company was informed of the unfortunate death of Mr. Chen Xianzhi, a member of the Audit Committee and Remuneration Committee, on 2023/10/15, and hereby makes an announcement.お知らせ • May 19+ 1 more updateCathay Consolidated, Inc. Announces Remuneration Committee ChangesCathay Consolidated, Inc. announced the appointment of Chen Xian-Zhi as member of the Remuneration Committee, effective May 18, 2023. Chen Xian-Zhi is Manager of Hua Nan Commercial Bank Ltd. The company also announced the resignation of Syu Guang Huei as member of the Remuneration Committee, effective May 18, 2023. Syu Guang Huei is Attending physician of Taipei Medical University Hospital.Upcoming Dividend • Mar 09Upcoming dividend of NT$5.40 per share at 3.5% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 20 April 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.9%).Reported Earnings • Feb 25Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$7.34 (up from NT$3.92 in FY 2021). Revenue: NT$2.59b (up 25% from FY 2021). Net income: NT$499.5m (up 88% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$145, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total returns to shareholders of 193% over the past three years.Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Luxury industry in Taiwan. Total returns to shareholders of 142% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$94.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Luxury industry in Taiwan. Total returns to shareholders of 77% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director David Biing was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$1.91 (up from NT$1.12 in 3Q 2021). Revenue: NT$645.3m (up 23% from 3Q 2021). Net income: NT$130.1m (up 71% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to stay flat during the next 2 years compared to a 7.0% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$92.80, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 12x in the Luxury industry in Taiwan. Total returns to shareholders of 57% over the past three years.お知らせ • Sep 03+ 1 more updateCathay Consolidated, Inc. Announces Resignation of David Biing as Independent Director of the Company as Member of the Audit Committee and the Remuneration CommitteeCathay Consolidated, Inc. announced resignation of David Biing, Independent Director of the Company as A Member of the Audit Committee and the Remuneration Committee. Due to personal career planning, he accepted a new position in a domestic group, he will go overseas to be responsible for marketing business,so he could not concurrently serve as an independent director of Cathay Consolidated, Inc., and will resign from January 1, 2023.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$1.85 (vs NT$0.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.85 (up from NT$0.84 in 2Q 2021). Revenue: NT$619.3m (up 35% from 2Q 2021). Net income: NT$125.8m (up 121% from 2Q 2021). Profit margin: 20% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue.お知らせ • Jul 08+ 2 more updatesCathay Consolidated, Inc. Announces Changes in Audit CommitteeCathay Consolidated, Inc. announced name of the functional committees: the Audit Committee. Name and resume of the previous position holder Shih Sin Chuan Independent Directors of Cathay Consolidated, Inc.; Wu Cun yi Independent Directors of Cathay Consolidated, Inc.; Pan Sian Dean of Taipei Medical University Hospital. Name and resume of the new position holder: Shih Sin Chuan Independent Directors of Cathay Consolidated, Inc.; Pan Sian Dean of Taipei Medical University Hospital.; David Biing General Manager of FORD LIO HO MOTOR CO., LTD. Reason for the change is term expired. Effective date of the new member is July 7, 2022.Upcoming Dividend • May 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (6.1%). In line with average of industry peers (3.8%).Board Change • May 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Pan Sian was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$1.52 (vs NT$0.75 in 1Q 2021)First quarter 2022 results: EPS: NT$1.52 (up from NT$0.75 in 1Q 2021). Revenue: NT$616.1m (up 41% from 1Q 2021). Net income: NT$103.3m (up 102% from 1Q 2021). Profit margin: 17% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue.Board Change • Apr 27High number of new directorsDirector Cing-Sia Cyue was the last director to join the board, commencing their role in 2019.Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.92 (up from NT$3.15 in FY 2020). Revenue: NT$2.07b (up 35% from FY 2020). Net income: NT$266.2m (up 36% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates.お知らせ • Feb 26+ 1 more updateCathay Consolidated, Inc. Approves Cash Distribution for the Year Ended December 31, 2021The Board of Directors of Cathay Consolidated, Inc. approved 2021 cash distribution for the year ended December 31, 2021 of TWD 3 per share and total amount of cash distributed to shareholders is TWD 203,536,089.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.12 (vs NT$1.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$523.9m (up 18% from 3Q 2020). Net income: NT$76.1m (up 1.6% from 3Q 2020). Profit margin: 14% (down from 17% in 3Q 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • May 27Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 03 June 2021. Payment date: 25 June 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.6%).Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.97 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$436.3m (up 13% from 1Q 2020). Net income: NT$51.0m (down 14% from 1Q 2020). Profit margin: 12% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses.分析記事 • Apr 26Some Investors May Be Worried About Cathay Consolidated's (TPE:1342) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Apr 08These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 21Introducing Cathay Consolidated (TPE:1342), A Stock That Climbed 27% In The Last YearWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...Reported Earnings • Mar 04Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.53b (up 6.1% from FY 2019). Net income: NT$196.2m (up 8.7% from FY 2019). Profit margin: 13% (in line with FY 2019).分析記事 • Mar 03Is Cathay Consolidated, Inc.'s(TPE:1342) Recent Stock Performance Tethered To Its Strong Fundamentals?Cathay Consolidated (TPE:1342) has had a great run on the share market with its stock up by a significant 6.5% over the...お知らせ • Feb 24Cathay Consolidated, Inc., Annual General Meeting, May 18, 2021Cathay Consolidated, Inc., Annual General Meeting, May 18, 2021. Location: Shangrila Boutiquew Hotel No.15,Gongyuan 2nd Rd.,Wuchieh Township,Yi-Lan County Taiwan Taiwan Agenda: To consider 2020 business report; to consider 2020 financial satements; to consider 2020 distribution of employees remuneration and directors remuneration; to consider 2020 dividend distribution plan,sumittde for recognition; and to consider other matters.分析記事 • Feb 10Here's How We Evaluate Cathay Consolidated, Inc.'s (TPE:1342) DividendIs Cathay Consolidated, Inc. ( TPE:1342 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Jan 23Should You Use Cathay Consolidated's (TPE:1342) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...Is New 90 Day High Low • Jan 18New 90-day low: NT$58.10The company is down 27% from its price of NT$79.60 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.分析記事 • Jan 05What Do The Returns On Capital At Cathay Consolidated (TPE:1342) Tell Us?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Dec 17Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Nov 26Will Weakness in Cathay Consolidated, Inc.'s (TPE:1342) Stock Prove Temporary Given Strong Fundamentals?Cathay Consolidated (TPE:1342) has had a rough month with its share price down 21%. However, stock prices are usually...Is New 90 Day High Low • Nov 24New 90-day low: NT$65.60The company is down 13% from its price of NT$75.00 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS NT$1.21The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$443.2m (up 11% from 3Q 2019). Net income: NT$75.0m (up 60% from 3Q 2019). Profit margin: 17% (up from 12% in 3Q 2019). The increase in margin was driven by higher revenue.株主還元1342TW LuxuryTW 市場7D13.0%2.0%-2.1%1Y31.3%-11.2%98.5%株主還元を見る業界別リターン: 1342過去 1 年間で-11.2 % の収益を上げたTW Luxury業界を上回りました。リターン対市場: 1342は、過去 1 年間で98.5 % のリターンを上げたTW市場を下回りました。価格変動Is 1342's price volatile compared to industry and market?1342 volatility1342 Average Weekly Movement5.5%Luxury Industry Average Movement4.3%Market Average Movement6.3%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 1342 、 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: 1342の 週次ボラティリティ ( 5% ) 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1982457George Liuwww.cathayconsolidated.comキャセイ・コンソリデーテッド社は台湾でテクニカルファブリックと完成品の受託製造業を営んでいる。同社は、熱可塑性ポリウレタン（TPU）フィルムとテクニカルファブリックの開発・生産、およびTPUテクニカルファブリックの加工を行い、様々な用途のインフレータブル製品を製造している。同社は、航空、海洋、産業、医療産業、およびアウトドア小売・卸売の顧客にサービスを提供している。同社は1982年に設立され、台湾の宜蘭市に本社を置いている。もっと見るCathay Consolidated, Inc. 基礎のまとめCathay Consolidated の収益と売上を時価総額と比較するとどうか。1342 基礎統計学時価総額NT$9.17b収益（TTM）NT$464.20m売上高(TTM)NT$3.00b19.7xPER（株価収益率3.1xP/Sレシオ1342 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1342 損益計算書（TTM）収益NT$3.00b売上原価NT$2.20b売上総利益NT$796.43mその他の費用NT$332.23m収益NT$464.20m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）5.95グロス・マージン26.55%純利益率15.48%有利子負債／自己資本比率24.7%1342 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5.1%現在の配当利回り102%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/13 20:58終値2026/06/12 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本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cathay Consolidated, Inc. 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。3 アナリスト機関Jianhong WuCapital Securities CorporationAlexis ChenMasterlink Securities Investment Advisorynull nullSinoPac Securities Investment Service
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.79 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.79 in 1Q 2025). Revenue: NT$917.3m (up 18% from 1Q 2025). Net income: NT$162.2m (up 15% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Mar 05Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.0%).
New Risk • Feb 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 113% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 15Full year 2025 earnings released: EPS: NT$5.62 (vs NT$6.27 in FY 2024)Full year 2025 results: EPS: NT$5.62 (down from NT$6.27 in FY 2024). Revenue: NT$2.86b (up 14% from FY 2024). Net income: NT$442.8m (down 9.6% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
Declared Dividend • Feb 07Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 12th March 2026 Payment date: 16th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 13% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$112, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Reported Earnings • May 01First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.79 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.79 in 1Q 2025). Revenue: NT$917.3m (up 18% from 1Q 2025). Net income: NT$162.2m (up 15% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 10% per year.
Upcoming Dividend • Mar 05Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 12 March 2026. Payment date: 16 April 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.0%).
New Risk • Feb 21New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 107% Cash payout ratio: 113% Dividend yield: 4.8% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Feb 15Full year 2025 earnings released: EPS: NT$5.62 (vs NT$6.27 in FY 2024)Full year 2025 results: EPS: NT$5.62 (down from NT$6.27 in FY 2024). Revenue: NT$2.86b (up 14% from FY 2024). Net income: NT$442.8m (down 9.6% from FY 2024). Profit margin: 16% (down from 20% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 9% per year.
Declared Dividend • Feb 07Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 12th March 2026 Payment date: 16th April 2026 Dividend yield will be 6.0%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but not covered by cash flows (124% cash payout ratio). The dividend has increased by an average of 13% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 06+ 1 more updateCathay Consolidated, Inc., Annual General Meeting, May 14, 2026Cathay Consolidated, Inc., Annual General Meeting, May 14, 2026. Location: no,15, kung yuan 2nd rd., wujie township, yilan county Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$1.34 (vs NT$1.46 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.34 (down from NT$1.46 in 3Q 2024). Revenue: NT$614.4m (up 2.4% from 3Q 2024). Net income: NT$106.0m (down 7.0% from 3Q 2024). Profit margin: 17% (down from 19% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 31Second quarter 2025 earnings released: EPS: NT$0.88 (vs NT$1.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.88 (down from NT$1.77 in 2Q 2024). Revenue: NT$706.2m (up 14% from 2Q 2024). Net income: NT$69.7m (down 50% from 2Q 2024). Profit margin: 9.9% (down from 22% 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 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 05First quarter 2025 earnings released: EPS: NT$1.79 (vs NT$1.59 in 1Q 2024)First quarter 2025 results: EPS: NT$1.79 (up from NT$1.59 in 1Q 2024). Revenue: NT$778.9m (up 27% from 1Q 2024). Net income: NT$140.8m (up 13% from 1Q 2024). Profit margin: 18% (down from 20% 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 8% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Apr 17Cathay Consolidated, Inc. to Report Q1, 2025 Results on Apr 24, 2025Cathay Consolidated, Inc. announced that they will report Q1, 2025 results on Apr 24, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$78.00, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 56% over the past three years.
Upcoming Dividend • Mar 13Upcoming dividend of NT$4.79 per shareEligible shareholders must have bought the stock before 20 March 2025. Payment date: 16 April 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (3.0%).
Reported Earnings • Feb 22Full year 2024 earnings: EPS misses analyst expectationsFull year 2024 results: EPS: NT$6.27 (down from NT$6.83 in FY 2023). Revenue: NT$2.51b (down 2.1% from FY 2023). Net income: NT$489.6m (down 7.6% from FY 2023). Profit margin: 20% (down from 21% in FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 7.9%. 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 26% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Feb 15Dividend of NT$4.80 announcedShareholders will receive a dividend of NT$4.80. Ex-date: 20th March 2025 Payment date: 16th April 2025 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (113% cash payout ratio). The dividend has increased by an average of 15% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 18% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 14+ 1 more updateCathay Consolidated, Inc., Annual General Meeting, May 22, 2025Cathay Consolidated, Inc., Annual General Meeting, May 22, 2025. Location: no,15, kung yuan 2nd rd., wujie township, yilan county Taiwan
お知らせ • Feb 06Cathay Consolidated, Inc. to Report Q4, 2024 Results on Feb 13, 2025Cathay Consolidated, Inc. announced that they will report Q4, 2024 results on Feb 13, 2025
Reported Earnings • Oct 24Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$1.46 (down from NT$1.99 in 3Q 2023). Revenue: NT$600.0m (down 9.6% from 3Q 2023). Net income: NT$114.0m (down 26% from 3Q 2023). Profit margin: 19% (down from 23% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 5.8%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. 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 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 10Cathay Consolidated, Inc. to Report Q3, 2024 Results on Oct 17, 2024Cathay Consolidated, Inc. announced that they will report Q3, 2024 results on Oct 17, 2024
Buy Or Sell Opportunity • Aug 07Now 26% overvaluedOver the last 90 days, the stock has fallen 12% to NT$92.90. The fair value is estimated to be NT$73.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 27%. Revenue is forecast to grow by 12% in a year. Earnings are forecast to grow by 11% in the next year.
Reported Earnings • Aug 01Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.77 (down from NT$1.83 in 2Q 2023). Revenue: NT$619.9m (up 2.1% from 2Q 2023). Net income: NT$138.4m (down 2.0% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Revenue exceeded analyst estimates by 3.0%. Earnings per share (EPS) also surpassed analyst estimates by 6.4%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 9.5% growth forecast for the Luxury industry in Taiwan. 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 26% per year.
お知らせ • Jul 18Cathay Consolidated, Inc. to Report First Half, 2024 Results on Jul 25, 2024Cathay Consolidated, Inc. announced that they will report first half, 2024 results on Jul 25, 2024
お知らせ • May 25+ 2 more updatesCathay Consolidated, Inc. Announces Remuneration Committee ChangesCathay Consolidated, Inc. announced the new-elected members of the Remuneration Committee. Title and name of the previous position holder:Chen Xian-Zhi. Resume of the previous position holder: Manager of Hua Nan Commercial Bank Ltd. Title and name of the new position holder:Jackie,Shao 6.Resume of the new position holder: Professor of Department of Recreation and Sport Management, University of Taipei. Circumstances of change is new appointment. Effective date of the new appointment is May 23, 2024.
お知らせ • Apr 19Cathay Consolidated, Inc. to Report Q1, 2024 Results on Apr 25, 2024Cathay Consolidated, Inc. announced that they will report Q1, 2024 results on Apr 25, 2024
Upcoming Dividend • Mar 14Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 18 April 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (4.2%).
Reported Earnings • Feb 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$7.52 (up from NT$7.34 in FY 2022). Revenue: NT$2.56b (flat on FY 2022). Net income: NT$529.8m (up 6.1% from FY 2022). Profit margin: 21% (up from 19% in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 9.9% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 30% per year.
分析記事 • Feb 27Cathay Consolidated (TWSE:1342) Will Pay A Smaller Dividend Than Last YearCathay Consolidated, Inc. ( TWSE:1342 ) has announced it will be reducing its dividend payable on the 18th of April to...
Declared Dividend • Feb 24Dividend reduced to NT$5.00Dividend of NT$5.00 is 6.9% lower than last year. Ex-date: 21st March 2024 Payment date: 18th April 2024 Dividend yield will be 4.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 21% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 21% over the next 2 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Feb 23+ 1 more updateCathay Consolidated, Inc. Announces Cash Dividend, Payable on April 18, 2024Cathay Consolidated, Inc. announced Cash dividends of TWD 5 per share. Ex-rights (ex-dividend) trading date is March 21, 2024. Ex-rights (ex-dividend) record date is March 29, 2024. Payment date of common stock cash dividend distribution is April 18, 2024.
お知らせ • Dec 15Cathay Consolidated, Inc. Announces Appointment of George T.S. Liu as Chief Information Security OfficerCathay Consolidated, Inc. announced the appointment of George T.S. Liu as Chief Information Security Officer. Name, title, and resume of the new position holder: George T.S. Liu, General manager. Effective date is December 14, 2023.
お知らせ • Oct 16Cathay Consolidated, Inc. Announces Death Death and Dismissal of Independent Director and Audit Committee and the Remuneration CommitteeCathay Consolidated, Inc. announced death and dismissal of Independent Director and the Audit Committee and the Remuneration Committee. Date of occurrence of the change: October 15, 2023. Name of the functional committees: Independent Director and Audit Committee and the Remuneration Committee. Name of the previous position holder: Independent director of the company /Chen Xian-Zhi Resume of the previous position holder: The Company Audit Committee and the Remuneration Committee. Circumstances of change: death. Any other matters that need to be specified: The Company was informed of the unfortunate death of Mr. Chen Xianzhi, a member of the Audit Committee and Remuneration Committee, on 2023/10/15, and hereby makes an announcement.
お知らせ • May 19+ 1 more updateCathay Consolidated, Inc. Announces Remuneration Committee ChangesCathay Consolidated, Inc. announced the appointment of Chen Xian-Zhi as member of the Remuneration Committee, effective May 18, 2023. Chen Xian-Zhi is Manager of Hua Nan Commercial Bank Ltd. The company also announced the resignation of Syu Guang Huei as member of the Remuneration Committee, effective May 18, 2023. Syu Guang Huei is Attending physician of Taipei Medical University Hospital.
Upcoming Dividend • Mar 09Upcoming dividend of NT$5.40 per share at 3.5% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 20 April 2023. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.9%).
Reported Earnings • Feb 25Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$7.34 (up from NT$3.92 in FY 2021). Revenue: NT$2.59b (up 25% from FY 2021). Net income: NT$499.5m (up 88% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$145, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Luxury industry in Taiwan. Total returns to shareholders of 193% over the past three years.
Valuation Update With 7 Day Price Move • Dec 06Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 12x in the Luxury industry in Taiwan. Total returns to shareholders of 142% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$94.50, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 10x in the Luxury industry in Taiwan. Total returns to shareholders of 77% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director David Biing was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$1.91 (up from NT$1.12 in 3Q 2021). Revenue: NT$645.3m (up 23% from 3Q 2021). Net income: NT$130.1m (up 71% from 3Q 2021). Profit margin: 20% (up from 14% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.8%. Revenue is forecast to stay flat during the next 2 years compared to a 7.0% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$92.80, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 12x in the Luxury industry in Taiwan. Total returns to shareholders of 57% over the past three years.
お知らせ • Sep 03+ 1 more updateCathay Consolidated, Inc. Announces Resignation of David Biing as Independent Director of the Company as Member of the Audit Committee and the Remuneration CommitteeCathay Consolidated, Inc. announced resignation of David Biing, Independent Director of the Company as A Member of the Audit Committee and the Remuneration Committee. Due to personal career planning, he accepted a new position in a domestic group, he will go overseas to be responsible for marketing business,so he could not concurrently serve as an independent director of Cathay Consolidated, Inc., and will resign from January 1, 2023.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$1.85 (vs NT$0.84 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.85 (up from NT$0.84 in 2Q 2021). Revenue: NT$619.3m (up 35% from 2Q 2021). Net income: NT$125.8m (up 121% from 2Q 2021). Profit margin: 20% (up from 12% in 2Q 2021). The increase in margin was driven by higher revenue.
お知らせ • Jul 08+ 2 more updatesCathay Consolidated, Inc. Announces Changes in Audit CommitteeCathay Consolidated, Inc. announced name of the functional committees: the Audit Committee. Name and resume of the previous position holder Shih Sin Chuan Independent Directors of Cathay Consolidated, Inc.; Wu Cun yi Independent Directors of Cathay Consolidated, Inc.; Pan Sian Dean of Taipei Medical University Hospital. Name and resume of the new position holder: Shih Sin Chuan Independent Directors of Cathay Consolidated, Inc.; Pan Sian Dean of Taipei Medical University Hospital.; David Biing General Manager of FORD LIO HO MOTOR CO., LTD. Reason for the change is term expired. Effective date of the new member is July 7, 2022.
Upcoming Dividend • May 30Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 06 June 2022. Payment date: 28 June 2022. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (6.1%). In line with average of industry peers (3.8%).
Board Change • May 18Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Pan Sian was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • May 13First quarter 2022 earnings released: EPS: NT$1.52 (vs NT$0.75 in 1Q 2021)First quarter 2022 results: EPS: NT$1.52 (up from NT$0.75 in 1Q 2021). Revenue: NT$616.1m (up 41% from 1Q 2021). Net income: NT$103.3m (up 102% from 1Q 2021). Profit margin: 17% (up from 12% in 1Q 2021). The increase in margin was driven by higher revenue.
Board Change • Apr 27High number of new directorsDirector Cing-Sia Cyue was the last director to join the board, commencing their role in 2019.
Reported Earnings • Mar 01Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.92 (up from NT$3.15 in FY 2020). Revenue: NT$2.07b (up 35% from FY 2020). Net income: NT$266.2m (up 36% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates.
お知らせ • Feb 26+ 1 more updateCathay Consolidated, Inc. Approves Cash Distribution for the Year Ended December 31, 2021The Board of Directors of Cathay Consolidated, Inc. approved 2021 cash distribution for the year ended December 31, 2021 of TWD 3 per share and total amount of cash distributed to shareholders is TWD 203,536,089.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.12 (vs NT$1.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$523.9m (up 18% from 3Q 2020). Net income: NT$76.1m (up 1.6% from 3Q 2020). Profit margin: 14% (down from 17% in 3Q 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • May 27Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 03 June 2021. Payment date: 25 June 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.6%).
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.97 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$436.3m (up 13% from 1Q 2020). Net income: NT$51.0m (down 14% from 1Q 2020). Profit margin: 12% (down from 15% in 1Q 2020). The decrease in margin was driven by higher expenses.
分析記事 • Apr 26Some Investors May Be Worried About Cathay Consolidated's (TPE:1342) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Apr 08These 4 Measures Indicate That Cathay Consolidated (TPE:1342) Is Using Debt SafelyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 21Introducing Cathay Consolidated (TPE:1342), A Stock That Climbed 27% In The Last YearWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...
Reported Earnings • Mar 04Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.53b (up 6.1% from FY 2019). Net income: NT$196.2m (up 8.7% from FY 2019). Profit margin: 13% (in line with FY 2019).
分析記事 • Mar 03Is Cathay Consolidated, Inc.'s(TPE:1342) Recent Stock Performance Tethered To Its Strong Fundamentals?Cathay Consolidated (TPE:1342) has had a great run on the share market with its stock up by a significant 6.5% over the...
お知らせ • Feb 24Cathay Consolidated, Inc., Annual General Meeting, May 18, 2021Cathay Consolidated, Inc., Annual General Meeting, May 18, 2021. Location: Shangrila Boutiquew Hotel No.15,Gongyuan 2nd Rd.,Wuchieh Township,Yi-Lan County Taiwan Taiwan Agenda: To consider 2020 business report; to consider 2020 financial satements; to consider 2020 distribution of employees remuneration and directors remuneration; to consider 2020 dividend distribution plan,sumittde for recognition; and to consider other matters.
分析記事 • Feb 10Here's How We Evaluate Cathay Consolidated, Inc.'s (TPE:1342) DividendIs Cathay Consolidated, Inc. ( TPE:1342 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Jan 23Should You Use Cathay Consolidated's (TPE:1342) Statutory Earnings To Analyse It?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
Is New 90 Day High Low • Jan 18New 90-day low: NT$58.10The company is down 27% from its price of NT$79.60 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period.
分析記事 • Jan 05What Do The Returns On Capital At Cathay Consolidated (TPE:1342) Tell Us?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Dec 17Here's Why Cathay Consolidated (TPE:1342) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Nov 26Will Weakness in Cathay Consolidated, Inc.'s (TPE:1342) Stock Prove Temporary Given Strong Fundamentals?Cathay Consolidated (TPE:1342) has had a rough month with its share price down 21%. However, stock prices are usually...
Is New 90 Day High Low • Nov 24New 90-day low: NT$65.60The company is down 13% from its price of NT$75.00 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 5.0% over the same period.
Reported Earnings • Nov 02Third quarter 2020 earnings released: EPS NT$1.21The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$443.2m (up 11% from 3Q 2019). Net income: NT$75.0m (up 60% from 3Q 2019). Profit margin: 17% (up from 12% in 3Q 2019). The increase in margin was driven by higher revenue.
