View ValuationTainan Enterprises 将来の成長Future 基準チェック /06現在、 Tainan Enterprisesの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Luxury 収益成長13.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesDeclared Dividend • May 29Dividend reduced to NT$0.50Dividend of NT$0.50 is 75% lower than last year. Ex-date: 10th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.25 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.25 in 1Q 2025). Revenue: NT$2.50b (flat on 1Q 2025). Net income: NT$183.3m (flat on 1Q 2025). Profit margin: 7.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • May 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to NT$20.80. The fair value is estimated to be NT$26.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.7%.New Risk • Apr 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$3.16b market cap, or US$99.9m).お知らせ • Mar 09Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2026Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,320, sec.3 chung shan rd., gueiren district, tainan city TaiwanReported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.57 (vs NT$3.02 in FY 2024)Full year 2025 results: EPS: NT$0.57 (down from NT$3.02 in FY 2024). Revenue: NT$6.68b (down 10% from FY 2024). Net income: NT$83.4m (down 81% from FY 2024). Profit margin: 1.2% (down from 5.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.14 loss per share (vs NT$0.49 profit in 3Q 2024)Third quarter 2025 results: NT$0.14 loss per share (down from NT$0.49 profit in 3Q 2024). Revenue: NT$1.44b (down 21% from 3Q 2024). Net loss: NT$21.1m (down 129% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$29.35, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 20x in the Luxury industry in Taiwan. Total returns to shareholders of 76% over the past three years.Buy Or Sell Opportunity • Oct 01Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 1.3% to NT$28.25. The fair value is estimated to be NT$21.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.Buy Or Sell Opportunity • Sep 08Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to NT$25.90. The fair value is estimated to be NT$21.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 6.6% 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: Minor Risks Dividend is not well covered by earnings (106% payout ratio). Profit margins are more than 30% lower than last year (3.7% net profit margin).Upcoming Dividend • Jun 04Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.6%).Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.25 (vs NT$1.44 in 1Q 2024)First quarter 2025 results: EPS: NT$1.25 (down from NT$1.44 in 1Q 2024). Revenue: NT$2.50b (up 7.9% from 1Q 2024). Net income: NT$183.3m (down 13% from 1Q 2024). Profit margin: 7.3% (down from 9.1% 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 43% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 18Tainan Enterprises Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Tainan Enterprises Co., Ltd. announced that they will report Q1, 2025 results on May 08, 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$29.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 71% over the past three years.Buy Or Sell Opportunity • Mar 31Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$35.30. The fair value is estimated to be NT$44.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$3.02 (vs NT$2.13 in FY 2023)Full year 2024 results: EPS: NT$3.02 (up from NT$2.13 in FY 2023). Revenue: NT$7.45b (up 14% from FY 2023). Net income: NT$441.3m (up 42% from FY 2023). Profit margin: 5.9% (up from 4.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 11Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2025Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: no,320, sec.3 chung shan rd., gueiren district, tainan city Taiwanお知らせ • Feb 19Tainan Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Tainan Enterprises Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025お知らせ • Jan 25Tainan Enterprises Co., Ltd. Appoints Su Chiung-Chung as Chief Operating Officer, Effective January 24, 2025Tainan Enterprises Co., Ltd. announced that the New Chief Operating Officer (COO). Name, title, and resume of the new position holder: Su Chiung-Chung. The effective date is January 24, 2025.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.85 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (down from NT$0.85 in 3Q 2023). Revenue: NT$1.83b (up 8.0% from 3Q 2023). Net income: NT$72.0m (down 42% from 3Q 2023). Profit margin: 3.9% (down from 7.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 15Tainan Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Tainan Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.61 (up from NT$0.42 in 2Q 2023). Revenue: NT$1.63b (up 9.4% from 2Q 2023). Net income: NT$89.1m (up 47% from 2Q 2023). Profit margin: 5.5% (up from 4.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 05The Return Trends At Tainan Enterprises (TWSE:1473) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...お知らせ • Jul 13Tainan Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Tainan Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024Upcoming Dividend • Jun 20Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).分析記事 • Jun 09Improved Earnings Required Before Tainan Enterprises Co., Ltd. (TWSE:1473) Stock's 41% Jump Looks JustifiedDespite an already strong run, Tainan Enterprises Co., Ltd. ( TWSE:1473 ) shares have been powering on, with a gain of...New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share). Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$46.70, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 22x in the Luxury industry in Taiwan. Total returns to shareholders of 173% over the past three years.New Risk • May 13New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share). Share price has been volatile over the past 3 months (6.8% average weekly change).Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.44 (vs NT$0.53 in 1Q 2023)First quarter 2024 results: EPS: NT$1.44 (up from NT$0.53 in 1Q 2023). Revenue: NT$2.31b (up 33% from 1Q 2023). Net income: NT$210.9m (up 174% from 1Q 2023). Profit margin: 9.1% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$39.05, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 24x in the Luxury industry in Taiwan. Total returns to shareholders of 135% over the past three years.お知らせ • Apr 27Tainan Enterprises Co., Ltd. to Report Q1, 2024 Results on May 08, 2024Tainan Enterprises Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024分析記事 • Apr 24Why Investors Shouldn't Be Surprised By Tainan Enterprises Co., Ltd.'s (TWSE:1473) Low P/EWith a price-to-earnings (or "P/E") ratio of 15.7x Tainan Enterprises Co., Ltd. ( TWSE:1473 ) may be sending bullish...Buy Or Sell Opportunity • Apr 11Now 23% undervaluedOver the last 90 days, the stock has risen 5.1% to NT$30.05. The fair value is estimated to be NT$39.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 4.8% to NT$30.65. The fair value is estimated to be NT$38.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$2.13 (vs NT$2.06 in FY 2022)Full year 2023 results: EPS: NT$2.13 (up from NT$2.06 in FY 2022). Revenue: NT$6.51b (down 14% from FY 2022). Net income: NT$311.5m (up 3.5% from FY 2022). Profit margin: 4.8% (up from 4.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 14Tainan Enterprises (TWSE:1473) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...お知らせ • Mar 08+ 1 more updateTainan Enterprises Co., Ltd., Annual General Meeting, May 24, 2024Tainan Enterprises Co., Ltd., Annual General Meeting, May 24, 2024. Location: The conference room at TAINAN Head Office (No.320,Sec.3,Zhongshan Rd., Guiren Dist., Tainan City) Tainan City Taiwan Agenda: To consider Business report of 2023; Audit Committee's Audit Report; Report on the 2023 profit sharing remuneration to employees and directors and the distribution status; Directors remuneration payment report of 2023; and to discuss other matters.お知らせ • Dec 14Tainan Enterprises Co.,Ltd Appoints Teho Lee as CIOTainan Enterprises Co.,Ltd announced the appointment of Teho Lee as CIO. Effective date is December 22, 2023.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$0.41 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (up from NT$0.41 in 2Q 2022). Revenue: NT$1.49b (down 11% from 2Q 2022). Net income: NT$60.8m (up 2.4% from 2Q 2022). Profit margin: 4.1% (up from 3.5% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 13Upcoming dividend of NT$1.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.4%).お知らせ • Jul 04+ 1 more updateTainan Enterprises Co.,Ltd Announces Cash Dividend, Payment Date of Cash Dividend Distribution: August 18, 2023Tainan Enterprises Co.,Ltd announced cash dividend. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: 2023/07/03. Type of ex-rights or ex-dividend: Ex-dividend. Type and monetary amount of dividend distribution: @The cash dividends total amount is TWD 146,153,534 (TWD 1 per share). Ex-rights (ex-dividend) trading date: July 20,2023, Last date before book closure: July 23, 2023, Book closure starting date: July 24, 2023, Book closure ending date: July 28, 2023, Ex-rights (ex-dividend) record date: July 28, 2023. Payment date of cash dividend distribution: August 18, 2023.お知らせ • Jun 23+ 2 more updatesTainan Enterprises Co.,Ltd Announces Changes in Remuneration CommitteeTainan Enterprises Co.,Ltd announced the 4th Remuneration Committee tenure expired. Name of the previous position holder: (1)Lien King Biau. (2) Pai Chung Lian. (3) Li Chih Kuang. Resume of the previous position holder: (1)Lien King Biau: TAINAN's Independent Directors. (2) Pai Chung Lian: TAINAN's Independent Directors. (3) Li Chih Kuang: TAINAN's Independent Directors. Name of the new position holder: not yet appointment. Reason for the change: term expired.Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$2.06 (vs NT$0.92 loss in FY 2021)Full year 2022 results: EPS: NT$2.06 (up from NT$0.92 loss in FY 2021). Revenue: NT$7.53b (up 31% from FY 2021). Net income: NT$301.0m (up NT$436.1m from FY 2021). Profit margin: 4.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.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. 8 non-independent directors. Director Yen-Ling Fang was the last 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.61 (vs NT$0.21 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.61 (up from NT$0.21 loss in 3Q 2021). Revenue: NT$1.89b (up 14% from 3Q 2021). Net income: NT$89.9m (up NT$120.9m from 3Q 2021). Profit margin: 4.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. 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 16Second quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.84 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.41 (up from NT$0.84 loss in 2Q 2021). Revenue: NT$1.68b (up 83% from 2Q 2021). Net income: NT$59.4m (up NT$182.5m from 2Q 2021). Profit margin: 3.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.0%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.77 (vs NT$0.31 in 1Q 2021)First quarter 2022 results: EPS: NT$0.77 (up from NT$0.31 in 1Q 2021). Revenue: NT$2.32b (up 36% from 1Q 2021). Net income: NT$112.7m (up 152% from 1Q 2021). Profit margin: 4.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 28Full year 2021 earnings released: NT$0.92 loss per share (vs NT$2.45 loss in FY 2020)Full year 2021 results: NT$0.92 loss per share (up from NT$2.45 loss in FY 2020). Revenue: NT$5.76b (down 3.5% from FY 2020). Net loss: NT$135.1m (loss narrowed 62% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 11Third quarter 2021 earnings released: NT$0.21 loss per share (vs NT$0.32 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: NT$1.65b (down 2.2% from 3Q 2020). Net loss: NT$31.0m (loss narrowed 33% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 01 October 2021. Payment date: 28 October 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.5%).Reported Earnings • Aug 13Second quarter 2021 earnings released: NT$0.84 loss per share (vs NT$0.87 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: NT$918.4m (down 14% from 2Q 2020). Net loss: NT$123.1m (loss narrowed 3.0% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.07 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$1.70b (down 14% from 1Q 2020). Net income: NT$44.7m (up 335% from 1Q 2020). Profit margin: 2.6% (up from 0.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 26Full year 2020 earnings released: NT$2.45 loss per share (vs NT$0.55 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$5.97b (down 22% from FY 2019). Net loss: NT$358.6m (down NT$439.1m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.分析記事 • Mar 04Is Tainan Enterprises Co.,Ltd (TPE:1473) A Strong Dividend Stock?Today we'll take a closer look at Tainan Enterprises Co.,Ltd ( TPE:1473 ) from a dividend investor's perspective...分析記事 • Jan 28Would Tainan EnterprisesLtd (TPE:1473) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Is New 90 Day High Low • Jan 21New 90-day low: NT$17.55The company is down 2.0% from its price of NT$18.00 on 23 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 down 1.0% over the same period.Is New 90 Day High Low • Dec 28New 90-day high: NT$18.95The company is up 5.0% from its price of NT$18.00 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period.分析記事 • Dec 24Would Shareholders Who Purchased Tainan EnterprisesLtd's (TPE:1473) Stock Five Years Be Happy With The Share price Today?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Nov 19Should You Buy Tainan Enterprises Co.,Ltd (TPE:1473) For Its 2.8% Dividend?Could Tainan Enterprises Co.,Ltd (TPE:1473) be an attractive dividend share to own for the long haul? Investors are...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$1.69b (down 23% from 3Q 2019). Net loss: NT$46.4m (down 425% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 29New 90-day low: NT$17.80The company is down 3.0% from its price of NT$18.35 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$17.85The company is down 11% from its price of NT$20.10 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Tainan Enterprises は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TWSE:1473 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20266,1411104221N/A12/31/20256,67883332422N/A9/30/20257,109181404495N/A6/30/20257,497274372433N/A3/31/20257,629414415491N/A12/31/20247,446441445508N/A9/30/20247,351421434493N/A6/30/20247,216474440544N/A3/31/20247,076445686N/A12/31/20236,508311432525N/A9/30/20236,569301617726N/A6/30/20236,765267600677N/A3/31/20236,9532651,0691,153N/A12/31/20227,530301521588N/A9/30/20227,3792361677N/A6/30/20227,146115-429-371N/A3/31/20226,382-67-620-559N/A12/31/20215,761-135-578-517N/A9/30/20215,512-3053184N/A6/30/20215,548-320480536N/A3/31/20215,693-3245198N/A12/31/20205,971-359105169N/A9/30/20206,333-172-2658N/A6/30/20206,837-111112203N/A3/31/20207,520-8134262N/A12/31/20197,66180N/A385N/A9/30/20197,710184N/A591N/A6/30/20198,053252N/A427N/A3/31/20198,232228N/A64N/A12/31/20188,32680N/A-54N/A9/30/20188,523-29N/A149N/A6/30/20188,468-42N/A-54N/A3/31/20188,348-17N/A218N/A12/31/20178,32994N/A668N/A9/30/20178,25362N/A574N/A6/30/20178,41478N/A653N/A3/31/20178,680108N/A893N/A12/31/20169,333224N/A984N/A9/30/201610,070278N/A885N/A6/30/20169,990246N/A1,377N/A3/31/20169,909205N/A1,387N/A12/31/20159,56494N/A515N/A9/30/20159,290161N/A-91N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 1473の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 1473の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 1473の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 1473の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 1473の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 1473の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance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2026/08/01 10:33終値2026/07/31 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Tainan Enterprises 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Linghui ChiouMasterlink Securities Investment AdvisoryShu Fang ChenSinoPac Securities Investment Service
Declared Dividend • May 29Dividend reduced to NT$0.50Dividend of NT$0.50 is 75% lower than last year. Ex-date: 10th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 38% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.25 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.25 in 1Q 2025). Revenue: NT$2.50b (flat on 1Q 2025). Net income: NT$183.3m (flat on 1Q 2025). Profit margin: 7.3% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • May 04Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 17% to NT$20.80. The fair value is estimated to be NT$26.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 7.7%.
New Risk • Apr 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.16b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$3.16b market cap, or US$99.9m).
お知らせ • Mar 09Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2026Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,320, sec.3 chung shan rd., gueiren district, tainan city Taiwan
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$0.57 (vs NT$3.02 in FY 2024)Full year 2025 results: EPS: NT$0.57 (down from NT$3.02 in FY 2024). Revenue: NT$6.68b (down 10% from FY 2024). Net income: NT$83.4m (down 81% from FY 2024). Profit margin: 1.2% (down from 5.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 12Third quarter 2025 earnings released: NT$0.14 loss per share (vs NT$0.49 profit in 3Q 2024)Third quarter 2025 results: NT$0.14 loss per share (down from NT$0.49 profit in 3Q 2024). Revenue: NT$1.44b (down 21% from 3Q 2024). Net loss: NT$21.1m (down 129% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • Oct 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$29.35, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 20x in the Luxury industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Buy Or Sell Opportunity • Oct 01Now 31% overvalued after recent price riseOver the last 90 days, the stock has risen 1.3% to NT$28.25. The fair value is estimated to be NT$21.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.
Buy Or Sell Opportunity • Sep 08Now 20% overvaluedOver the last 90 days, the stock has fallen 13% to NT$25.90. The fair value is estimated to be NT$21.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 23%.
New Risk • Aug 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.7% Last year net profit margin: 6.6% 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: Minor Risks Dividend is not well covered by earnings (106% payout ratio). Profit margins are more than 30% lower than last year (3.7% net profit margin).
Upcoming Dividend • Jun 04Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.6%).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.25 (vs NT$1.44 in 1Q 2024)First quarter 2025 results: EPS: NT$1.25 (down from NT$1.44 in 1Q 2024). Revenue: NT$2.50b (up 7.9% from 1Q 2024). Net income: NT$183.3m (down 13% from 1Q 2024). Profit margin: 7.3% (down from 9.1% 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 43% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 18Tainan Enterprises Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Tainan Enterprises Co., Ltd. announced that they will report Q1, 2025 results on May 08, 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$29.45, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Buy Or Sell Opportunity • Mar 31Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$35.30. The fair value is estimated to be NT$44.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.8% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$3.02 (vs NT$2.13 in FY 2023)Full year 2024 results: EPS: NT$3.02 (up from NT$2.13 in FY 2023). Revenue: NT$7.45b (up 14% from FY 2023). Net income: NT$441.3m (up 42% from FY 2023). Profit margin: 5.9% (up from 4.8% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 11Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2025Tainan Enterprises Co., Ltd., Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: no,320, sec.3 chung shan rd., gueiren district, tainan city Taiwan
お知らせ • Feb 19Tainan Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Tainan Enterprises Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025
お知らせ • Jan 25Tainan Enterprises Co., Ltd. Appoints Su Chiung-Chung as Chief Operating Officer, Effective January 24, 2025Tainan Enterprises Co., Ltd. announced that the New Chief Operating Officer (COO). Name, title, and resume of the new position holder: Su Chiung-Chung. The effective date is January 24, 2025.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.85 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (down from NT$0.85 in 3Q 2023). Revenue: NT$1.83b (up 8.0% from 3Q 2023). Net income: NT$72.0m (down 42% from 3Q 2023). Profit margin: 3.9% (down from 7.4% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 15Tainan Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Tainan Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024
Reported Earnings • Aug 11Second quarter 2024 earnings released: EPS: NT$0.61 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.61 (up from NT$0.42 in 2Q 2023). Revenue: NT$1.63b (up 9.4% from 2Q 2023). Net income: NT$89.1m (up 47% from 2Q 2023). Profit margin: 5.5% (up from 4.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 05The Return Trends At Tainan Enterprises (TWSE:1473) Look PromisingIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
お知らせ • Jul 13Tainan Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Tainan Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
Upcoming Dividend • Jun 20Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 39% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%).
分析記事 • Jun 09Improved Earnings Required Before Tainan Enterprises Co., Ltd. (TWSE:1473) Stock's 41% Jump Looks JustifiedDespite an already strong run, Tainan Enterprises Co., Ltd. ( TWSE:1473 ) shares have been powering on, with a gain of...
New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 42% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share). Share price has been volatile over the past 3 months (7.3% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$46.70, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 22x in the Luxury industry in Taiwan. Total returns to shareholders of 173% over the past three years.
New Risk • May 13New 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 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (dividend per share is over 30x cash flows per share). Share price has been volatile over the past 3 months (6.8% average weekly change).
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$1.44 (vs NT$0.53 in 1Q 2023)First quarter 2024 results: EPS: NT$1.44 (up from NT$0.53 in 1Q 2023). Revenue: NT$2.31b (up 33% from 1Q 2023). Net income: NT$210.9m (up 174% from 1Q 2023). Profit margin: 9.1% (up from 4.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$39.05, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 24x in the Luxury industry in Taiwan. Total returns to shareholders of 135% over the past three years.
お知らせ • Apr 27Tainan Enterprises Co., Ltd. to Report Q1, 2024 Results on May 08, 2024Tainan Enterprises Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024
分析記事 • Apr 24Why Investors Shouldn't Be Surprised By Tainan Enterprises Co., Ltd.'s (TWSE:1473) Low P/EWith a price-to-earnings (or "P/E") ratio of 15.7x Tainan Enterprises Co., Ltd. ( TWSE:1473 ) may be sending bullish...
Buy Or Sell Opportunity • Apr 11Now 23% undervaluedOver the last 90 days, the stock has risen 5.1% to NT$30.05. The fair value is estimated to be NT$39.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 26Now 20% undervaluedOver the last 90 days, the stock has risen 4.8% to NT$30.65. The fair value is estimated to be NT$38.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.3% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$2.13 (vs NT$2.06 in FY 2022)Full year 2023 results: EPS: NT$2.13 (up from NT$2.06 in FY 2022). Revenue: NT$6.51b (down 14% from FY 2022). Net income: NT$311.5m (up 3.5% from FY 2022). Profit margin: 4.8% (up from 4.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 14Tainan Enterprises (TWSE:1473) Could Easily Take On More DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
お知らせ • Mar 08+ 1 more updateTainan Enterprises Co., Ltd., Annual General Meeting, May 24, 2024Tainan Enterprises Co., Ltd., Annual General Meeting, May 24, 2024. Location: The conference room at TAINAN Head Office (No.320,Sec.3,Zhongshan Rd., Guiren Dist., Tainan City) Tainan City Taiwan Agenda: To consider Business report of 2023; Audit Committee's Audit Report; Report on the 2023 profit sharing remuneration to employees and directors and the distribution status; Directors remuneration payment report of 2023; and to discuss other matters.
お知らせ • Dec 14Tainan Enterprises Co.,Ltd Appoints Teho Lee as CIOTainan Enterprises Co.,Ltd announced the appointment of Teho Lee as CIO. Effective date is December 22, 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$0.41 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (up from NT$0.41 in 2Q 2022). Revenue: NT$1.49b (down 11% from 2Q 2022). Net income: NT$60.8m (up 2.4% from 2Q 2022). Profit margin: 4.1% (up from 3.5% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 13Upcoming dividend of NT$1.00 per share at 4.0% yieldEligible shareholders must have bought the stock before 20 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 55% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (4.4%).
お知らせ • Jul 04+ 1 more updateTainan Enterprises Co.,Ltd Announces Cash Dividend, Payment Date of Cash Dividend Distribution: August 18, 2023Tainan Enterprises Co.,Ltd announced cash dividend. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: 2023/07/03. Type of ex-rights or ex-dividend: Ex-dividend. Type and monetary amount of dividend distribution: @The cash dividends total amount is TWD 146,153,534 (TWD 1 per share). Ex-rights (ex-dividend) trading date: July 20,2023, Last date before book closure: July 23, 2023, Book closure starting date: July 24, 2023, Book closure ending date: July 28, 2023, Ex-rights (ex-dividend) record date: July 28, 2023. Payment date of cash dividend distribution: August 18, 2023.
お知らせ • Jun 23+ 2 more updatesTainan Enterprises Co.,Ltd Announces Changes in Remuneration CommitteeTainan Enterprises Co.,Ltd announced the 4th Remuneration Committee tenure expired. Name of the previous position holder: (1)Lien King Biau. (2) Pai Chung Lian. (3) Li Chih Kuang. Resume of the previous position holder: (1)Lien King Biau: TAINAN's Independent Directors. (2) Pai Chung Lian: TAINAN's Independent Directors. (3) Li Chih Kuang: TAINAN's Independent Directors. Name of the new position holder: not yet appointment. Reason for the change: term expired.
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$2.06 (vs NT$0.92 loss in FY 2021)Full year 2022 results: EPS: NT$2.06 (up from NT$0.92 loss in FY 2021). Revenue: NT$7.53b (up 31% from FY 2021). Net income: NT$301.0m (up NT$436.1m from FY 2021). Profit margin: 4.0% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
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. 8 non-independent directors. Director Yen-Ling Fang was the last 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.61 (vs NT$0.21 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.61 (up from NT$0.21 loss in 3Q 2021). Revenue: NT$1.89b (up 14% from 3Q 2021). Net income: NT$89.9m (up NT$120.9m from 3Q 2021). Profit margin: 4.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. 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 16Second quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.84 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$0.41 (up from NT$0.84 loss in 2Q 2021). Revenue: NT$1.68b (up 83% from 2Q 2021). Net income: NT$59.4m (up NT$182.5m from 2Q 2021). Profit margin: 3.5% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.0%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.77 (vs NT$0.31 in 1Q 2021)First quarter 2022 results: EPS: NT$0.77 (up from NT$0.31 in 1Q 2021). Revenue: NT$2.32b (up 36% from 1Q 2021). Net income: NT$112.7m (up 152% from 1Q 2021). Profit margin: 4.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 28Full year 2021 earnings released: NT$0.92 loss per share (vs NT$2.45 loss in FY 2020)Full year 2021 results: NT$0.92 loss per share (up from NT$2.45 loss in FY 2020). Revenue: NT$5.76b (down 3.5% from FY 2020). Net loss: NT$135.1m (loss narrowed 62% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 11Third quarter 2021 earnings released: NT$0.21 loss per share (vs NT$0.32 loss in 3Q 2020)The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: NT$1.65b (down 2.2% from 3Q 2020). Net loss: NT$31.0m (loss narrowed 33% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 01 October 2021. Payment date: 28 October 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.5%).
Reported Earnings • Aug 13Second quarter 2021 earnings released: NT$0.84 loss per share (vs NT$0.87 loss in 2Q 2020)The company reported a soft second quarter result with weaker revenues and control over costs, although losses reduced. Second quarter 2021 results: Revenue: NT$918.4m (down 14% from 2Q 2020). Net loss: NT$123.1m (loss narrowed 3.0% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.07 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$1.70b (down 14% from 1Q 2020). Net income: NT$44.7m (up 335% from 1Q 2020). Profit margin: 2.6% (up from 0.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 26Full year 2020 earnings released: NT$2.45 loss per share (vs NT$0.55 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$5.97b (down 22% from FY 2019). Net loss: NT$358.6m (down NT$439.1m from profit in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 04Is Tainan Enterprises Co.,Ltd (TPE:1473) A Strong Dividend Stock?Today we'll take a closer look at Tainan Enterprises Co.,Ltd ( TPE:1473 ) from a dividend investor's perspective...
分析記事 • Jan 28Would Tainan EnterprisesLtd (TPE:1473) Be Better Off With Less Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is New 90 Day High Low • Jan 21New 90-day low: NT$17.55The company is down 2.0% from its price of NT$18.00 on 23 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 down 1.0% over the same period.
Is New 90 Day High Low • Dec 28New 90-day high: NT$18.95The company is up 5.0% from its price of NT$18.00 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 8.0% over the same period.
分析記事 • Dec 24Would Shareholders Who Purchased Tainan EnterprisesLtd's (TPE:1473) Stock Five Years Be Happy With The Share price Today?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Nov 19Should You Buy Tainan Enterprises Co.,Ltd (TPE:1473) For Its 2.8% Dividend?Could Tainan Enterprises Co.,Ltd (TPE:1473) be an attractive dividend share to own for the long haul? Investors are...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$1.69b (down 23% from 3Q 2019). Net loss: NT$46.4m (down 425% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 29New 90-day low: NT$17.80The company is down 3.0% from its price of NT$18.35 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 7.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$17.85The company is down 11% from its price of NT$20.10 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is down 2.0% over the same period.