De Licacy Industrial（1464）株式概要De Licacy Industrial Co, Ltd.は台湾で生地の研究開発、製造、販売を行っている。 詳細1464 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績1/6財務の健全性3/6配当金2/6リスク分析利払いは収益で十分にカバーされない 利益率(0.5%)は昨年より低い(4.5%) 財務結果に影響を与える大きな一時的項目 2.4%の配当は利益で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1464 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW480,485 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 NarrativeBLINRODA480,485 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$10.4034.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-177m15b2016201920222025202620282031Revenue NT$15.2bEarnings NT$82.7mAdvancedSet Fair ValueView all narrativesDe Licacy Industrial Co., Ltd. 競合他社TST Group HoldingSymbol: TWSE:4439Market cap: NT$3.9bKing Chou Marine TechnologySymbol: TPEX:4417Market cap: NT$3.6bLan Fa TextileSymbol: TWSE:1459Market cap: NT$3.8bFulin Plastic Industry (Cayman) HoldingSymbol: TWSE:1341Market cap: NT$3.1b価格と性能株価の高値、安値、推移の概要De Licacy Industrial過去の株価現在の株価NT$10.4052週高値NT$13.0352週安値NT$9.89ベータ0.101ヶ月の変化2.46%3ヶ月変化1.96%1年変化-17.75%3年間の変化-25.27%5年間の変化-36.06%IPOからの変化-33.73%最新ニュースUpcoming Dividend • Jul 13Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 06 August 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.6%).Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Li-ju Tsai was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jun 29Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$10.30. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 15%.Buy Or Sell Opportunity • May 20Now 20% overvaluedOver the last 90 days, the stock has fallen 9.0% to NT$10.15. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.9%.Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (up from NT$0.29 in 1Q 2025). Revenue: NT$2.99b (down 14% from 1Q 2025). Net income: NT$128.6m (up 4.1% from 1Q 2025). Profit margin: 4.3% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.35 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.35 (down from NT$0.99 in FY 2024). Revenue: NT$12.6b (up 4.8% from FY 2024). Net income: NT$150.1m (down 64% from FY 2024). Profit margin: 1.2% (down from 3.5% 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 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesUpcoming Dividend • Jul 13Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 06 August 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.6%).Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Li-ju Tsai was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Buy Or Sell Opportunity • Jun 29Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$10.30. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 15%.Buy Or Sell Opportunity • May 20Now 20% overvaluedOver the last 90 days, the stock has fallen 9.0% to NT$10.15. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.9%.Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (up from NT$0.29 in 1Q 2025). Revenue: NT$2.99b (down 14% from 1Q 2025). Net income: NT$128.6m (up 4.1% from 1Q 2025). Profit margin: 4.3% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.35 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.35 (down from NT$0.99 in FY 2024). Revenue: NT$12.6b (up 4.8% from FY 2024). Net income: NT$150.1m (down 64% from FY 2024). Profit margin: 1.2% (down from 3.5% 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 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Mar 06De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 09, 2026De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 1 floor no,820, fu hsing rd., san sho li, sinshih district, tainan city TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.26 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (down from NT$0.26 in 3Q 2024). Revenue: NT$3.05b (down 5.4% from 3Q 2024). Net income: NT$60.9m (down 45% from 3Q 2024). Profit margin: 2.0% (down from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.24 profit in 2Q 2024)Second quarter 2025 results: NT$0.42 loss per share (down from NT$0.24 profit in 2Q 2024). Revenue: NT$2.82b (up 1.6% from 2Q 2024). Net loss: NT$170.9m (down 266% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.Upcoming Dividend • Jul 29Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 05 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.6%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (up from NT$0.13 in 1Q 2024). Revenue: NT$3.46b (up 34% from 1Q 2024). Net income: NT$123.5m (up 131% from 1Q 2024). Profit margin: 3.6% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.お知らせ • May 01De Licacy Industrial Co., Ltd. to Report Q1, 2025 Results on May 09, 2025De Licacy Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$14.45, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 5.5% over the past three years.New Risk • Apr 03New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 103% Dividend yield: 2.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (103% cash payout ratio).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.04 (vs NT$0.13 in FY 2023)Full year 2024 results: EPS: NT$1.04 (up from NT$0.13 in FY 2023). Revenue: NT$12.0b (up 22% from FY 2023). Net income: NT$422.0m (up NT$369.4m from FY 2023). Profit margin: 3.5% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Mar 11De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 10, 2025De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 10, 2025. Location: 1 floor no,820, fu hsing rd., san sho li, sinshih district, tainan city TaiwanNew Risk • Dec 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 8.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.27 (vs NT$0.081 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.27 (up from NT$0.081 in 3Q 2023). Revenue: NT$3.23b (up 27% from 3Q 2023). Net income: NT$111.1m (up 235% from 3Q 2023). Profit margin: 3.4% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.分析記事 • Nov 14Is De Licacy Industrial (TWSE:1464) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Oct 30De Licacy Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024De Licacy Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024分析記事 • Sep 11De Licacy Industrial (TWSE:1464) May Have Issues Allocating Its CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.088 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.25 (up from NT$0.088 loss in 2Q 2023). Revenue: NT$2.78b (up 33% from 2Q 2023). Net income: NT$102.7m (up NT$138.5m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. 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 5% per year.お知らせ • Jul 30De Licacy Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024De Licacy Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024Upcoming Dividend • Jun 19Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 18 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.11 in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.11 in 1Q 2023). Revenue: NT$2.59b (down 1.3% from 1Q 2023). Net income: NT$53.4m (up 19% from 1Q 2023). Profit margin: 2.1% (up from 1.7% 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 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • May 03De Licacy Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024De Licacy Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024分析記事 • Mar 25There May Be Reason For Hope In De Licacy Industrial's (TWSE:1464) Disappointing EarningsSoft earnings didn't appear to concern De Licacy Industrial Co., Ltd.'s ( TWSE:1464 ) shareholders over the last week...Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$0.13 (vs NT$0.90 in FY 2022)Full year 2023 results: EPS: NT$0.13 (down from NT$0.90 in FY 2022). Revenue: NT$9.83b (down 20% from FY 2022). Net income: NT$52.6m (down 86% from FY 2022). Profit margin: 0.5% (down from 3.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Mar 14De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 07, 2024De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 07, 2024. Location: NO.240, SAN-SHEH SINSHIH DISTTAINAN CITY 1st floor of staff recreation center Tainan City Taiwan Agenda: To consider 2023 dividend distribution proposal; to consider 2023 Business Report; to consider Audit committees Review Report on the 2023 Consolidated Financial Statements; to consider Invest in China proposal; to consider the statement of endorsement and guarantee; and to consider other business matters.お知らせ • Nov 08De Licacy Industrial Co., Ltd. to Report Q3, 2023 Results on Nov 06, 2023De Licacy Industrial Co., Ltd. announced that they will report Q3, 2023 results on Nov 06, 2023Upcoming Dividend • Aug 17Upcoming dividend of NT$0.40 per share at 2.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.5%).New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Profit margins are more than 30% lower than last year (1.5% net profit margin).Reported Earnings • Aug 08Second quarter 2023 earnings released: NT$0.09 loss per share (vs NT$0.25 profit in 2Q 2022)Second quarter 2023 results: NT$0.09 loss per share (down from NT$0.25 profit in 2Q 2022). Revenue: NT$2.09b (down 35% from 2Q 2022). Net loss: NT$35.8m (down 137% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Aug 04+ 2 more updatesDe Licacy Industrial Co., Ltd. Announces Financial Officer ChangesDE LICACY INDUSTRIAL CO., LTD. announced the appointment of Huang Hsiu-Fen as Financial Officer effective August 3, 2023. Huang Hsiu-Fen is assistant manager in account of DE LICACY INDUSTRIAL CO., LTD. The company announced the resignation of Chu Yin-Chu as Financial Officer effective August 3, 2023. Chu Yin-Chu is senior manager of DE LICACY INDUSTRIAL CO., LTD.New Risk • Jul 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 6.6% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bai-cheng Su was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 15De Licacy Industrial Co., Ltd. Announces Board ChangesDe Licacy Industrial Co., Ltd.at its shareholders meeting held on June 14, 2023 announced The list of elected directors (including independent directors) is as follows: Independent Director - Huang Jun-ren, Independent Director - Su Bai-cheng, Independent Director - Huang Shih-ying, and Independent Director - Tsai Li-ju.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.95 (vs NT$0.48 in FY 2021)Full year 2022 results: EPS: NT$0.95 (up from NT$0.48 in FY 2021). Revenue: NT$12.3b (up 17% from FY 2021). Net income: NT$367.1m (up 101% from FY 2021). Profit margin: 3.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Chi-Chun Tsai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.011 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.25 (up from NT$0.011 in 2Q 2021). Revenue: NT$3.20b (up 21% from 2Q 2021). Net income: NT$95.6m (up NT$91.2m from 2Q 2021). Profit margin: 3.0% (up from 0.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 28Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).お知らせ • Jun 18De Licacy Industrial Co., Ltd. Announces Cash Dividend from Capital Surplus, Payable on July 28, 2022De Licacy Industrial Co., Ltd. announced cash dividend from the capital surplus is TWD 96,141,413 (TWD 0.25 per share). Ex-rights (ex-dividend) trading date is July 5, 2022. Ex-rights (ex-dividend) record date is July 11, 2022. Cash dividend is expected to be distributed on July 28, 2022.Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.30 (up from NT$0.24 in 1Q 2021). Revenue: NT$3.02b (up 25% from 1Q 2021). Net income: NT$117.1m (up 24% from 1Q 2021). Profit margin: 3.9% (in line with 1Q 2021). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 307%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.お知らせ • May 12De Licacy Industrial Co., Ltd. Approves the Promotion of Management Manager Chu Yinchu to Senior ManagerDe Licacy Industrial Co., Ltd., at its board meeting, approved the promotion of management manager Chu Yinchu to senior manager.お知らせ • May 04De Licacy Industrial Co., Ltd. Announces Total Amount of Cash Distribution for the Year Ended December 31, 2021De Licacy Industrial Co., Ltd. announced total amount of cash distributed to shareholders is TWD 96,141,413 for the year ended December 31, 2021.Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.48 (up from NT$0.54 loss in FY 2020). Revenue: NT$10.5b (up 22% from FY 2020). Net income: NT$183.0m (up NT$390.3m from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 307%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.10 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$2.41b (up 22% from 3Q 2020). Net income: NT$47.8m (up 23% from 3Q 2020). Profit margin: 2.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.01 (vs NT$0.60 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.65b (up 78% from 2Q 2020). Net income: NT$4.34m (up NT$232.8m from 2Q 2020). Profit margin: 0.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.5%).Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.25 (vs NT$0.17 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$2.42b (down 5.7% from 1Q 2020). Net income: NT$94.4m (up 47% from 1Q 2020). Profit margin: 3.9% (up from 2.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.分析記事 • Apr 06De Licacy Industrial (TPE:1464) Use Of Debt Could Be Considered RiskySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 30Full year 2020 earnings released: NT$0.54 loss per share (vs NT$1.61 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$8.59b (down 21% from FY 2019). Net loss: NT$207.3m (down 137% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.分析記事 • Mar 11A Look At De Licacy Industrial's(TPE:1464) Total Shareholder ReturnsThe main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more...分析記事 • Feb 18The Returns At De Licacy Industrial (TPE:1464) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...Is New 90 Day High Low • Feb 01New 90-day low: NT$17.00The company is down 6.0% from its price of NT$18.10 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period.分析記事 • Jan 28A Closer Look At De Licacy Industrial Co., Ltd.'s (TPE:1464) Uninspiring ROEOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...Is New 90 Day High Low • Jan 17New 90-day low: NT$17.95The company is down 1.0% from its price of NT$18.20 on 19 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period.分析記事 • Jan 07Is De Licacy Industrial Co., Ltd. (TPE:1464) A Strong Dividend Stock?Is De Licacy Industrial Co., Ltd. ( TPE:1464 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Dec 17Is De Licacy Industrial (TPE:1464) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 26What Would Shareholders Who Purchased De Licacy Industrial's(TPE:1464) Stock Five Years Ago Be Earning on Their Investment Today?For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...Is New 90 Day High Low • Nov 26New 90-day high: NT$19.35The company is up 5.0% from its price of NT$18.35 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 4.0% over the same period.株主還元1464TW LuxuryTW 市場7D-3.3%-1.9%-1.9%1Y-17.7%-16.3%89.8%株主還元を見る業界別リターン: 1464過去 1 年間で-16.3 % の収益を上げたTW Luxury業界を下回りました。リターン対市場: 1464は、過去 1 年間で89.8 % のリターンを上げたTW市場を下回りました。価格変動Is 1464's price volatile compared to industry and market?1464 volatility1464 Average Weekly Movement2.9%Luxury Industry Average Movement4.5%Market Average Movement6.4%10% most volatile stocks in TW Market11.9%10% least volatile stocks in TW Market2.7%安定した株価: 1464 、 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: 1464の 週次ボラティリティ ( 3% ) 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1982n/aYi-Neng Youwww.delicacy.com.tw台湾で生地の研究開発、製造、販売を行うDe Licacy Industrial Co P/D、Y/D機能素材、コーティング、ラミネート、ボンディング素材を提供。また、エアロテック、イージームーブ、メカニカルストレッチ、吸汗速乾、3D二重織、高密度、フェザーウェイト、撥水、UVカット、2レイヤーラミネート、3レイヤーソフトシェル、2レイヤーボンディング、機能性コーティングなどのパフォーマンス＆プロテクト素材や、リサイクルポリエステル、オーガニックコットン、PFCフリーW/R、DLクールなどのエコグリーン素材も提供している。さらに、合成先染め、シアサッカー、ドビー柄、シルキードレープ、サテン、デニム調、ビーチウェアなどのカジュアル・ファッションファブリック、高密度フェルト調、金属光沢、マット織、スエード調、撥水撥油・離土壌などのインテリアテキスタイルも提供している。De Licacy Industrial Co., Ltd.は1982年に設立され、台湾の台南市に本社を置いている。もっと見るDe Licacy Industrial Co., Ltd. 基礎のまとめDe Licacy Industrial の収益と売上を時価総額と比較するとどうか。1464 基礎統計学時価総額NT$4.40b収益（TTM）NT$66.03m売上高(TTM)NT$12.10b66.6xPER（株価収益率0.4xP/Sレシオ1464 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1464 損益計算書（TTM）収益NT$12.10b売上原価NT$9.80b売上総利益NT$2.30bその他の費用NT$2.23b収益NT$66.03m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）0.16グロス・マージン19.02%純利益率0.55%有利子負債／自己資本比率137.3%1464 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161%配当性向1464 配当は確実ですか？1464 配当履歴とベンチマークを見る1464 、いつまでに購入すれば配当金を受け取れますか？De Licacy Industrial 配当日配当落ち日Jul 20 2026配当支払日Aug 06 2026配当落ちまでの日数4 days配当支払日までの日数13 days1464 配当は確実ですか？1464 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2026/07/23 06:19終値2026/07/23 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋De Licacy Industrial Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Eric WenKGI Securities Co. Ltd.Linghui ChiouMasterlink Securities Investment Advisory
Upcoming Dividend • Jul 13Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 06 August 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.6%).
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Li-ju Tsai was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jun 29Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$10.30. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 15%.
Buy Or Sell Opportunity • May 20Now 20% overvaluedOver the last 90 days, the stock has fallen 9.0% to NT$10.15. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.9%.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (up from NT$0.29 in 1Q 2025). Revenue: NT$2.99b (down 14% from 1Q 2025). Net income: NT$128.6m (up 4.1% from 1Q 2025). Profit margin: 4.3% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.35 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.35 (down from NT$0.99 in FY 2024). Revenue: NT$12.6b (up 4.8% from FY 2024). Net income: NT$150.1m (down 64% from FY 2024). Profit margin: 1.2% (down from 3.5% 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 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 13Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 20 July 2026. Payment date: 06 August 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.6%).
Board Change • Jul 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Li-ju Tsai was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Buy Or Sell Opportunity • Jun 29Now 22% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$10.30. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 15%.
Buy Or Sell Opportunity • May 20Now 20% overvaluedOver the last 90 days, the stock has fallen 9.0% to NT$10.15. The fair value is estimated to be NT$8.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has grown by 7.9%.
Reported Earnings • May 20First quarter 2026 earnings released: EPS: NT$0.30 (vs NT$0.29 in 1Q 2025)First quarter 2026 results: EPS: NT$0.30 (up from NT$0.29 in 1Q 2025). Revenue: NT$2.99b (down 14% from 1Q 2025). Net income: NT$128.6m (up 4.1% from 1Q 2025). Profit margin: 4.3% (up from 3.6% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$0.35 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.35 (down from NT$0.99 in FY 2024). Revenue: NT$12.6b (up 4.8% from FY 2024). Net income: NT$150.1m (down 64% from FY 2024). Profit margin: 1.2% (down from 3.5% 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 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Mar 06De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 09, 2026De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 09, 2026. Location: 1 floor no,820, fu hsing rd., san sho li, sinshih district, tainan city Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.26 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.14 (down from NT$0.26 in 3Q 2024). Revenue: NT$3.05b (down 5.4% from 3Q 2024). Net income: NT$60.9m (down 45% from 3Q 2024). Profit margin: 2.0% (down from 3.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.24 profit in 2Q 2024)Second quarter 2025 results: NT$0.42 loss per share (down from NT$0.24 profit in 2Q 2024). Revenue: NT$2.82b (up 1.6% from 2Q 2024). Net loss: NT$170.9m (down 266% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 3% per year.
Upcoming Dividend • Jul 29Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 05 August 2025. Payment date: 19 September 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.6%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (up from NT$0.13 in 1Q 2024). Revenue: NT$3.46b (up 34% from 1Q 2024). Net income: NT$123.5m (up 131% from 1Q 2024). Profit margin: 3.6% (up from 2.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
お知らせ • May 01De Licacy Industrial Co., Ltd. to Report Q1, 2025 Results on May 09, 2025De Licacy Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$14.45, the stock trades at a trailing P/E ratio of 14x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 5.5% over the past three years.
New Risk • Apr 03New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. Cash payout ratio: 103% Dividend yield: 2.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (103% cash payout ratio).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.04 (vs NT$0.13 in FY 2023)Full year 2024 results: EPS: NT$1.04 (up from NT$0.13 in FY 2023). Revenue: NT$12.0b (up 22% from FY 2023). Net income: NT$422.0m (up NT$369.4m from FY 2023). Profit margin: 3.5% (up from 0.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Mar 11De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 10, 2025De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 10, 2025. Location: 1 floor no,820, fu hsing rd., san sho li, sinshih district, tainan city Taiwan
New Risk • Dec 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 8.4% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.1% average weekly change).
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.27 (vs NT$0.081 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.27 (up from NT$0.081 in 3Q 2023). Revenue: NT$3.23b (up 27% from 3Q 2023). Net income: NT$111.1m (up 235% from 3Q 2023). Profit margin: 3.4% (up from 1.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
分析記事 • Nov 14Is De Licacy Industrial (TWSE:1464) Using Too Much Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Oct 30De Licacy Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024De Licacy Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
分析記事 • Sep 11De Licacy Industrial (TWSE:1464) May Have Issues Allocating Its CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.088 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.25 (up from NT$0.088 loss in 2Q 2023). Revenue: NT$2.78b (up 33% from 2Q 2023). Net income: NT$102.7m (up NT$138.5m from 2Q 2023). Profit margin: 3.7% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. 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 5% per year.
お知らせ • Jul 30De Licacy Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 06, 2024De Licacy Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024
Upcoming Dividend • Jun 19Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 26 June 2024. Payment date: 18 July 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.11 in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (up from NT$0.11 in 1Q 2023). Revenue: NT$2.59b (down 1.3% from 1Q 2023). Net income: NT$53.4m (up 19% from 1Q 2023). Profit margin: 2.1% (up from 1.7% 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 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • May 03De Licacy Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024De Licacy Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024
分析記事 • Mar 25There May Be Reason For Hope In De Licacy Industrial's (TWSE:1464) Disappointing EarningsSoft earnings didn't appear to concern De Licacy Industrial Co., Ltd.'s ( TWSE:1464 ) shareholders over the last week...
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$0.13 (vs NT$0.90 in FY 2022)Full year 2023 results: EPS: NT$0.13 (down from NT$0.90 in FY 2022). Revenue: NT$9.83b (down 20% from FY 2022). Net income: NT$52.6m (down 86% from FY 2022). Profit margin: 0.5% (down from 3.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Mar 14De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 07, 2024De Licacy Industrial Co., Ltd., Annual General Meeting, Jun 07, 2024. Location: NO.240, SAN-SHEH SINSHIH DISTTAINAN CITY 1st floor of staff recreation center Tainan City Taiwan Agenda: To consider 2023 dividend distribution proposal; to consider 2023 Business Report; to consider Audit committees Review Report on the 2023 Consolidated Financial Statements; to consider Invest in China proposal; to consider the statement of endorsement and guarantee; and to consider other business matters.
お知らせ • Nov 08De Licacy Industrial Co., Ltd. to Report Q3, 2023 Results on Nov 06, 2023De Licacy Industrial Co., Ltd. announced that they will report Q3, 2023 results on Nov 06, 2023
Upcoming Dividend • Aug 17Upcoming dividend of NT$0.40 per share at 2.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.5%).
New Risk • Aug 08New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.5% Last year net profit margin: 2.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 7.9% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Profit margins are more than 30% lower than last year (1.5% net profit margin).
Reported Earnings • Aug 08Second quarter 2023 earnings released: NT$0.09 loss per share (vs NT$0.25 profit in 2Q 2022)Second quarter 2023 results: NT$0.09 loss per share (down from NT$0.25 profit in 2Q 2022). Revenue: NT$2.09b (down 35% from 2Q 2022). Net loss: NT$35.8m (down 137% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Aug 04+ 2 more updatesDe Licacy Industrial Co., Ltd. Announces Financial Officer ChangesDE LICACY INDUSTRIAL CO., LTD. announced the appointment of Huang Hsiu-Fen as Financial Officer effective August 3, 2023. Huang Hsiu-Fen is assistant manager in account of DE LICACY INDUSTRIAL CO., LTD. The company announced the resignation of Chu Yin-Chu as Financial Officer effective August 3, 2023. Chu Yin-Chu is senior manager of DE LICACY INDUSTRIAL CO., LTD.
New Risk • Jul 17New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.6% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 6.6% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Board Change • Jul 01High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Bai-cheng Su was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 15De Licacy Industrial Co., Ltd. Announces Board ChangesDe Licacy Industrial Co., Ltd.at its shareholders meeting held on June 14, 2023 announced The list of elected directors (including independent directors) is as follows: Independent Director - Huang Jun-ren, Independent Director - Su Bai-cheng, Independent Director - Huang Shih-ying, and Independent Director - Tsai Li-ju.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.95 (vs NT$0.48 in FY 2021)Full year 2022 results: EPS: NT$0.95 (up from NT$0.48 in FY 2021). Revenue: NT$12.3b (up 17% from FY 2021). Net income: NT$367.1m (up 101% from FY 2021). Profit margin: 3.0% (up from 1.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has fallen by 4% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Chi-Chun Tsai was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 12Second quarter 2022 earnings released: EPS: NT$0.25 (vs NT$0.011 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.25 (up from NT$0.011 in 2Q 2021). Revenue: NT$3.20b (up 21% from 2Q 2021). Net income: NT$95.6m (up NT$91.2m from 2Q 2021). Profit margin: 3.0% (up from 0.2% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 28Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (3.6%).
お知らせ • Jun 18De Licacy Industrial Co., Ltd. Announces Cash Dividend from Capital Surplus, Payable on July 28, 2022De Licacy Industrial Co., Ltd. announced cash dividend from the capital surplus is TWD 96,141,413 (TWD 0.25 per share). Ex-rights (ex-dividend) trading date is July 5, 2022. Ex-rights (ex-dividend) record date is July 11, 2022. Cash dividend is expected to be distributed on July 28, 2022.
Reported Earnings • May 14First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.30 (up from NT$0.24 in 1Q 2021). Revenue: NT$3.02b (up 25% from 1Q 2021). Net income: NT$117.1m (up 24% from 1Q 2021). Profit margin: 3.9% (in line with 1Q 2021). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 307%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
お知らせ • May 12De Licacy Industrial Co., Ltd. Approves the Promotion of Management Manager Chu Yinchu to Senior ManagerDe Licacy Industrial Co., Ltd., at its board meeting, approved the promotion of management manager Chu Yinchu to senior manager.
お知らせ • May 04De Licacy Industrial Co., Ltd. Announces Total Amount of Cash Distribution for the Year Ended December 31, 2021De Licacy Industrial Co., Ltd. announced total amount of cash distributed to shareholders is TWD 96,141,413 for the year ended December 31, 2021.
Reported Earnings • Mar 28Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$0.48 (up from NT$0.54 loss in FY 2020). Revenue: NT$10.5b (up 22% from FY 2020). Net income: NT$183.0m (up NT$390.3m from FY 2020). Profit margin: 1.7% (up from net loss in FY 2020). Revenue missed analyst estimates by 38%. Earnings per share (EPS) also missed analyst estimates by 307%. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.12 (vs NT$0.10 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$2.41b (up 22% from 3Q 2020). Net income: NT$47.8m (up 23% from 3Q 2020). Profit margin: 2.0% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.01 (vs NT$0.60 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$2.65b (up 78% from 2Q 2020). Net income: NT$4.34m (up NT$232.8m from 2Q 2020). Profit margin: 0.2% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 06Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 13 August 2021. Payment date: 27 August 2021. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.5%).
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$0.25 (vs NT$0.17 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$2.42b (down 5.7% from 1Q 2020). Net income: NT$94.4m (up 47% from 1Q 2020). Profit margin: 3.9% (up from 2.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 06De Licacy Industrial (TPE:1464) Use Of Debt Could Be Considered RiskySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 30Full year 2020 earnings released: NT$0.54 loss per share (vs NT$1.61 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$8.59b (down 21% from FY 2019). Net loss: NT$207.3m (down 137% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 11A Look At De Licacy Industrial's(TPE:1464) Total Shareholder ReturnsThe main aim of stock picking is to find the market-beating stocks. But the main game is to find enough winners to more...
分析記事 • Feb 18The Returns At De Licacy Industrial (TPE:1464) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
Is New 90 Day High Low • Feb 01New 90-day low: NT$17.00The company is down 6.0% from its price of NT$18.10 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is flat over the same period.
分析記事 • Jan 28A Closer Look At De Licacy Industrial Co., Ltd.'s (TPE:1464) Uninspiring ROEOne of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Is New 90 Day High Low • Jan 17New 90-day low: NT$17.95The company is down 1.0% from its price of NT$18.20 on 19 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period.
分析記事 • Jan 07Is De Licacy Industrial Co., Ltd. (TPE:1464) A Strong Dividend Stock?Is De Licacy Industrial Co., Ltd. ( TPE:1464 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Dec 17Is De Licacy Industrial (TPE:1464) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 26What Would Shareholders Who Purchased De Licacy Industrial's(TPE:1464) Stock Five Years Ago Be Earning on Their Investment Today?For many, the main point of investing is to generate higher returns than the overall market. But the main game is to...
Is New 90 Day High Low • Nov 26New 90-day high: NT$19.35The company is up 5.0% from its price of NT$18.35 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 4.0% over the same period.
