Global View（3040）株式概要Global View Co., Ltd.は台湾と中国本土で電子辞書を製造・販売しています。 詳細3040 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0/6財務の健全性4/6配当金0/6リスク分析過去5年間で収益は年間46.1%減少しました。 意味のある時価総額がありません ( NT$3B )意味のある収益がありません ( NT$135M )すべてのリスクチェックを見る3040 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$40.104.2k% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-8m751m2016201920222025202620282031Revenue NT$102.7mEarnings NT$6.7mAdvancedSet Fair ValueView all narrativesGlobal View Co., Ltd. 競合他社BrinnoSymbol: TPEX:7402Market cap: NT$3.3bMeiloon IndustrialSymbol: TWSE:2477Market cap: NT$3.3bYa Horng ElectronicSymbol: TWSE:6201Market cap: NT$4.2bHanpin ElectronSymbol: TWSE:2488Market cap: NT$4.2b価格と性能株価の高値、安値、推移の概要Global View過去の株価現在の株価NT$40.1052週高値NT$77.0052週安値NT$35.80ベータ-0.261ヶ月の変化-10.49%3ヶ月変化-4.98%1年変化-8.45%3年間の変化26.70%5年間の変化-18.00%IPOからの変化-47.64%最新ニュースNew Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 117% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (NT$132m revenue, or US$4.1m).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.32 (vs NT$0.73 in FY 2024)Full year 2025 results: EPS: NT$0.32 (down from NT$0.73 in FY 2024). Revenue: NT$131.9m (down 4.5% from FY 2024). Net income: NT$20.4m (down 56% from FY 2024). Profit margin: 16% (down from 33% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 08, 2026Global View Co., Ltd., Annual General Meeting, Jun 08, 2026. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 59% over the past three years.New Risk • Feb 02New 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m).New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m). Market cap is less than US$100m (NT$3.11b market cap, or US$98.2m).最新情報をもっと見るRecent updatesNew Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 117% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (NT$132m revenue, or US$4.1m).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.32 (vs NT$0.73 in FY 2024)Full year 2025 results: EPS: NT$0.32 (down from NT$0.73 in FY 2024). Revenue: NT$131.9m (down 4.5% from FY 2024). Net income: NT$20.4m (down 56% from FY 2024). Profit margin: 16% (down from 33% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 08, 2026Global View Co., Ltd., Annual General Meeting, Jun 08, 2026. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city TaiwanValuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 59% over the past three years.New Risk • Feb 02New 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m).New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m). Market cap is less than US$100m (NT$3.11b market cap, or US$98.2m).New Risk • Jan 03New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 181% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).New Risk • Dec 04New 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 6.5% 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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.12 profit in 3Q 2024)Third quarter 2025 results: NT$0.08 loss per share (down from NT$0.12 profit in 3Q 2024). Revenue: NT$31.2m (down 11% from 3Q 2024). Net loss: NT$5.14m (down 170% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.21 profit in 2Q 2024)Second quarter 2025 results: NT$0.10 loss per share (down from NT$0.21 profit in 2Q 2024). Revenue: NT$31.7m (down 1.8% from 2Q 2024). Net loss: NT$6.16m (down 147% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$138m revenue, or US$4.7m).Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$55.20, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 103% over the past three years.Declared Dividend • Jun 13Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 31st July 2025 Dividend yield will be 2.3%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (304% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.1% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend.お知らせ • Jun 12Global View Co., Ltd. Announces Cash Dividend for Year 2024Global View Co., Ltd. at its 2025 Annual Shareholders' Meeting, held on June 11, 2025, announced Distribution of 2024 Profits, cash dividend each share TWD 1.New Risk • May 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 304% Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$138m revenue, or US$4.6m). Market cap is less than US$100m (NT$2.79b market cap, or US$92.9m).Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.16 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.16 in 1Q 2024). Revenue: NT$32.2m (flat on 1Q 2024). Net income: NT$30.7m (up 201% from 1Q 2024). Profit margin: 95% (up from 32% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • May 01Global View Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Global View 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 18%After last week's 18% share price decline to NT$40.50, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 31% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$0.73 (vs NT$1.02 in FY 2023)Full year 2024 results: EPS: NT$0.73 (down from NT$1.02 in FY 2023). Revenue: NT$138.2m (down 13% from FY 2023). Net income: NT$46.1m (down 28% from FY 2023). Profit margin: 33% (down from 41% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 11, 2025Global View Co., Ltd., Annual General Meeting, Jun 11, 2025, at 09:00 Taipei Standard Time. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city Taiwanお知らせ • Feb 28Global View Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Global View Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025Board Change • Feb 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Chiu Chuan Liu was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Feb 26Global View Co., Ltd. Announces Board AppointmentsGlobal View Co., Ltd. announced board appointments. Date of occurrence of the change: February 24, 2025. Elected or changed position: independent director, natural-person director. Title and name of the previous position holder: Director:Sunplus Technology Co., Ltd.; Director:Chou Chih Yuan; Director:Chiu Chi Ying; Director:Tsai Chih Chieh; Independent director:Lin Kuan Chao; Independent director:Wu Tzu Chi; Independent director:Chang Chih Liang. Resume of the previous position holder: Director:Sunplus Technology Co., Ltd.; Director:Chou Chih Yuan/Director,Global View Co., Ltd; Director:Chiu Chi Ying/Managing Partner and Attorney, PROACT INTERNATIONAL LAW OFFICE; Director:Tsai Chih Chieh/CPA and Director, Jianda Accounting Firm; Independent director:Lin Kuan Chao/CPA and Director, PKF Taiwan; Independent director:Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Firm; Independent director:Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Title and name of the new position holder: Director:Chou Fa; Director:Huang Ting Yang; Director:Senlo Investment Co., Ltd. Representative:Huang Yu Feng; Director:Senlo Investment Co., Ltd. Representative:Huang Wei Lun; Independent director:Wu Shang Wen; Independent director:Liu Chiu Chuan; Independent director:Lai Chuang Kuan. .Resume of the new position holder: Director:Chou Fa/Director,Senlo Investment Co., Ltd.; Director:Huang Ting Yang/General Manager,Global View Co., Ltd.; Director:Senlo Investment Co., Ltd. Representative:Huang Yu Feng/Manager,21st Century Fudo Tsu Store; Director:Senlo Investment Co., Ltd. Representative:Huang Wei Lun/Manager,Chinatrust Real Estate Co. Qingpu Elementary School Franchise Store; Independent director:Wu Shang Wen/CPA,Evergreen United Accounting Firm; Independent director:Liu Chiu Chuan/Director,FAR.E Attorneys-at-law; Independent director:Lai Chuang Kuan/Director,JIA YI LAND DEVELOPMENT LTD. Circumstances of change: new appointment. Original term: June 9, 2023 – June 8, 2026. Effective date of the new appointment: February 24, 2025-February 23, 2028.お知らせ • Feb 25+ 1 more updateGlobal View Co., Ltd. Announces Change of Members of the Audit CommitteeGlobal View Co., Ltd. announced change of members of the Company's 3nd Audit Committee. Date of occurrence of the change: February 24, 2025 .Name of the functional committees: Audit Committee .Name of the previous position holder: (1)Lin Kuan Chao; (2)Wu Tzu Chi; (3)Chang Chih Liang. Resume of the previous position holder: (1)Lin Kuan Chao/CPA and Director, PKF Taiwan; (2)Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Firm; (3)Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Name of the new position holder: (1)Wu Shang Wen; (2)Liu Chiu Chuan; (3)Lai Chuang Kuang .Resume of the new position holder: (1)Wu Shang Wen/CPA, Evergreen United Accounting Firm; (2)Liu Chiu Chuan/Director, FAR.E Attorneys-at-law; (3)Lai Chuang Kuang/Director, JIA YI LAND DEVELOPMENT LTD .Circumstances of change: new appointment. Reason for the change: Early full election. Original term: June 9, 2023- June 8, 2026. Effective date of the new member: February 24, 2025. The duration of the original term was intended to be from June 9, 2023, to June 8, 2026.お知らせ • Jan 08Global View Co., Ltd. Appoints Yu Yueh Lung as Chief Financial OfficerGlobal View Co., Ltd. appointed Yu Yueh Lung as Chief Financial Officer. Effective date is January 17, 2025. Name, title, and resume of the new position holder: Yu Yueh Lung-Director of WinSheng Material Technology Co.,Ltd.お知らせ • Jan 03Global View Co., Ltd. Announces Dismissal of Chou Chih Yuan as Natural-Person DirectorGlobal View Co., Ltd. announced dismissal of Chou Chih Yuan as natural-person director. Reason for the change: During the term of office as a director, more than one half of the company's shares being held by him/her at the time he/she is elected, he/she shall, ipso facto, be discharged from the office of director. Original term is from June 9, 2023 to June 8, 2026.お知らせ • Jan 02Global View Co., Ltd. Announces the Resignation of Tsai Chih Chieh as Natural-Person DirectorGlobal View Co., Ltd. announced the resignation of Tsai Chih Chieh as natural-person director of the company. Reason for the change: Resigned as a natural person director due to personal plans.お知らせ • Jan 01Global View Co., Ltd. Announces Change of ChairpersonGlobal View Co., Ltd. announced change of Chairperson. Name of the previous position holder:Sunplus Technology Co., Ltd. Resume of the previous position holder:Chairperson, Global View Co., Ltd. Name of the new position holder: Chiu Chi Ying. Resume of the new position holder:Director,Global View Co., Ltd. Reason for the change: resignation. Effective date of the new appointment is December 30, 2024.分析記事 • Dec 26Global View (TWSE:3040) Will Be Hoping To Turn Its Returns On Capital AroundWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...お知らせ • Dec 06SEN LUO INVESTMENT LTD. acquired 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) for approximately TWD 400 million.SEN LUO INVESTMENT LTD. acquired 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) for approximately TWD 400 million on December 4, 2024. Ding Hongxun of Qian Cheng Accounting Firm acted as accountant for Sunplus Technology Company Limited. SEN LUO INVESTMENT LTD. completed the acquisition of 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) on December 4, 2024.分析記事 • Nov 14Global View's (TWSE:3040) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Global View Co., Ltd. ( TWSE:3040 ) last week didn't sink the stock price. Our...Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.40 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.40 in 3Q 2023). Revenue: NT$35.2m (down 16% from 3Q 2023). Net income: NT$7.31m (down 71% from 3Q 2023). Profit margin: 21% (down from 59% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.New Risk • Nov 06New 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 7.0% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 134% Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (NT$149m revenue, or US$4.7m). Market cap is less than US$100m (NT$2.72b market cap, or US$85.2m).お知らせ • Oct 31Global View Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024Global View Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024Valuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.00, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 30% over the past three years.分析記事 • Sep 17Earnings Not Telling The Story For Global View Co., Ltd. (TWSE:3040)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider...Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$0.21 (vs NT$0.25 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.21 (down from NT$0.25 in 2Q 2023). Revenue: NT$32.3m (down 13% from 2Q 2023). Net income: NT$13.1m (down 18% from 2Q 2023). Profit margin: 41% (down from 43% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 3% per year, which means it has not declined as severely as earnings.お知らせ • Aug 02Global View Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Global View Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 19Global View's (TWSE:3040) Returns Have Hit A WallWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...New Risk • Jul 17New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 116% Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (NT$153m revenue, or US$4.7m). Market cap is less than US$100m (NT$2.16b market cap, or US$66.5m).Upcoming Dividend • Jun 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.4%).分析記事 • Jun 09Global View (TWSE:3040) Is Paying Out Less In Dividends Than Last YearGlobal View Co., Ltd. ( TWSE:3040 ) has announced that on 26th of July, it will be paying a dividend ofNT$1.00, which a...Declared Dividend • Jun 08Dividend reduced to NT$1.00Dividend of NT$1.00 is 50% lower than last year. Ex-date: 27th June 2024 Payment date: 26th July 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control. However, EPS has declined by 6.6% over the last 5 years so the company would need to reverse this trend.お知らせ • Jun 08Global View Co., Ltd. Approves Cash Dividend for the Year 2023, Expects to Payable on July 26, 2024Global View Co., Ltd. at its 2024 Annual Shareholders' Meeting held on June 6, 2024, approved cash dividend each share of TWD 1 for the year 2023. Total Cash dividend: TWD 63,000,000. Ex-rights (ex-dividend) trading date: June 27, 2024. Ex-rights (ex-dividend) record date: July 5, 2024. Payment date of common stock cash dividend distribution: Expected release date: July 26, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 6, 2024.分析記事 • May 29There's Reason For Concern Over Global View Co., Ltd.'s (TWSE:3040) Massive 26% Price JumpGlobal View Co., Ltd. ( TWSE:3040 ) shareholders would be excited to see that the share price has had a great month...Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$37.60, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 3.6% over the past three years.分析記事 • Mar 21Investors Can Find Comfort In Global View's (TWSE:3040) Earnings QualityGlobal View Co., Ltd.'s ( TWSE:3040 ) recent weak earnings report didn't cause a big stock movement. We think that...Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$1.02 (vs NT$1.60 in FY 2022)Full year 2023 results: EPS: NT$1.02 (down from NT$1.60 in FY 2022). Revenue: NT$158.6m (up 1.8% from FY 2022). Net income: NT$64.2m (down 36% from FY 2022). Profit margin: 41% (down from 65% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.お知らせ • Mar 14+ 1 more updateGlobal View Co., Ltd., Annual General Meeting, Jun 06, 2024Global View Co., Ltd., Annual General Meeting, Jun 06, 2024. Location: 13F., No. 29-1, Fuzhong Rd., Banqiao Dist., New Taipei City 220, Taiwan New Taipei City Taiwan Agenda: To discuss 2023 Business Report; to discuss Audit Committee's Review Report on the Financial Statements; to discuss Execution of the 2023 Employee and Directors Compensation Plan; and to discuss other matters.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 0.004% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 126% Earnings have declined by 0.004% per year over the past 5 years. Minor Risks Revenue is less than US$5m (NT$156m revenue, or US$4.9m). Market cap is less than US$100m (NT$1.89b market cap, or US$59.4m).Buying Opportunity • Sep 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$37.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 56%.Buying Opportunity • Aug 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be NT$37.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 56%.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.25 (vs NT$0.32 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.25 (down from NT$0.32 in 2Q 2022). Revenue: NT$36.9m (flat on 2Q 2022). Net income: NT$15.9m (down 21% from 2Q 2022). Profit margin: 43% (down from 55% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% 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.New Risk • Jun 30New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$156m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 120% Minor Risks Revenue is less than US$5m (NT$156m revenue, or US$5.0m). Market cap is less than US$100m (NT$1.98b market cap, or US$63.4m).Upcoming Dividend • Jun 22Upcoming dividend of NT$2.00 per share at 6.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).お知らせ • Jun 15Global View Co., Ltd. Announces Change in Remuneration CommitteeGlobal View Co., Ltd. announced change in remuneration committee. Name of the previous position holder: Tsai Chih Chieh; Xu Mei Lan; Wu Tzu Chi. Resume of the previous position holder: Tsai Chih Chieh/CPA and Director, Jianda Accounting Firm; Xu Mei Lan/Managing Director, CITIC Securities International Company Limited; Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Frim. Name of the new position holder: Lin Kuan Chao; Wu Tzu Chi; Chang Chih Liang. Resume of the new position holder: Lin Kuan Chao/CPA and Director, PKF Taiwan; Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Frim; Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Effective date of the new member is June 9, 2023.Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$1.60 (vs NT$1.97 in FY 2021)Full year 2022 results: EPS: NT$1.60 (down from NT$1.97 in FY 2021). Revenue: NT$155.8m (down 9.2% from FY 2021). Net income: NT$100.9m (down 19% from FY 2021). Profit margin: 65% (down from 72% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mei Lan Xu 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.77 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.77 (up from NT$0.48 in 3Q 2021). Revenue: NT$41.8m (down 3.1% from 3Q 2021). Net income: NT$48.6m (up 61% from 3Q 2021). 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 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.32 (vs NT$0.66 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.32 (down from NT$0.66 in 2Q 2021). Revenue: NT$36.7m (down 15% from 2Q 2021). Net income: NT$20.1m (down 52% from 2Q 2021). Profit margin: 55% (down from 97% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.Upcoming Dividend • Jun 29Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 29 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (4.6%).お知らせ • Jun 18Global View Co., Ltd. Approves Cash Dividend for the Year 2021Global View Co., Ltd. held its shareholders meeting on June 17, 2022, approved cash dividend of TWD 2 per share for the year 2021.Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$0.35 (down from NT$0.64 in 1Q 2021). Revenue: NT$37.6m (down 14% from 1Q 2021). Net income: NT$22.3m (down 44% from 1Q 2021). Profit margin: 59% (down from 92% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mei Lan Xu 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 • Mar 14Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.97 (down from NT$6.34 in FY 2020). Revenue: NT$171.5m (up 11% from FY 2020). Net income: NT$124.0m (down 69% from FY 2020). Profit margin: 72% (down from 258% in FY 2020). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.48 (vs NT$2.50 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$43.1m (up 4.6% from 3Q 2020). Net income: NT$30.1m (down 81% from 3Q 2020). Profit margin: 70% (down from 383% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.66 (vs NT$2.45 in 2Q 2020)Second quarter 2021 results: Net income: NT$41.8m (down 73% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 30Upcoming dividend of NT$5.70 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 20 August 2021. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.5%).Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.78 in 1Q 2020)First quarter 2021 results: Net income: NT$40.1m (down 18% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$6.34 (vs NT$1.36 in FY 2019)Full year 2020 results: Net income: NT$399.2m (up 365% from FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$52.40, the stock trades at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.1x. Average P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders over the past three years are 9.6%.Is New 90 Day High Low • Feb 17New 90-day high: NT$40.50The company is up 7.0% from its price of NT$37.75 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Durables industry, which is up 5.0% over the same period.分析記事 • Feb 08We're Not Counting On Global View (TPE:3040) To Sustain Its Statutory ProfitabilityAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...Is New 90 Day High Low • Nov 16New 90-day high: NT$37.90The company is up 1.0% from its price of NT$37.50 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 2.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.50Third quarter 2020 results: Net income: NT$157.7m (up 475% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 39% 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.株主還元3040TW Consumer DurablesTW 市場7D2.7%-2.4%-3.5%1Y-8.4%-13.0%83.0%株主還元を見る業界別リターン: 3040過去 1 年間で-13 % の収益を上げたTW Consumer Durables業界を上回りました。リターン対市場: 3040は、過去 1 年間で83 % のリターンを上げたTW市場を下回りました。価格変動Is 3040's price volatile compared to industry and market?3040 volatility3040 Average Weekly Movement6.1%Consumer Durables Industry Average Movement5.5%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 3040 、 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: 3040の 週次ボラティリティ ( 6% ) 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1975n/aTing-Yang Huangwww.gv.com.twGlobal View Co., Ltd.は台湾と中国本土で電子辞書を製造・販売している。HarbinとWenquxingのブランド名で電子辞書製品を提供している。また、不動産賃貸も行っている。Global View Co., Ltd.は1986年に設立され、台湾の新北市に本社を置く。もっと見るGlobal View Co., Ltd. 基礎のまとめGlobal View の収益と売上を時価総額と比較するとどうか。3040 基礎統計学時価総額NT$2.52b収益（TTM）-NT$7.63m売上高(TTM)NT$134.92m18.7xP/Sレシオ-330.9xPER（株価収益率3040 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3040 損益計算書（TTM）収益NT$134.92m売上原価NT$55.05m売上総利益NT$79.88mその他の費用NT$87.51m収益-NT$7.63m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）-0.12グロス・マージン59.20%純利益率-5.66%有利子負債／自己資本比率23.2%3040 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1.0%現在の配当利回り-334%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 08:39終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Global View Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 117% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (NT$132m revenue, or US$4.1m).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.32 (vs NT$0.73 in FY 2024)Full year 2025 results: EPS: NT$0.32 (down from NT$0.73 in FY 2024). Revenue: NT$131.9m (down 4.5% from FY 2024). Net income: NT$20.4m (down 56% from FY 2024). Profit margin: 16% (down from 33% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 08, 2026Global View Co., Ltd., Annual General Meeting, Jun 08, 2026. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 59% over the past three years.
New Risk • Feb 02New 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m).
New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m). Market cap is less than US$100m (NT$3.11b market cap, or US$98.2m).
New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 117% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (15% net profit margin). Revenue is less than US$5m (NT$132m revenue, or US$4.1m).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.32 (vs NT$0.73 in FY 2024)Full year 2025 results: EPS: NT$0.32 (down from NT$0.73 in FY 2024). Revenue: NT$131.9m (down 4.5% from FY 2024). Net income: NT$20.4m (down 56% from FY 2024). Profit margin: 16% (down from 33% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 08, 2026Global View Co., Ltd., Annual General Meeting, Jun 08, 2026. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$42.65, the stock trades at a trailing P/E ratio of 77x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 59% over the past three years.
New Risk • Feb 02New 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m).
New Risk • Jan 21New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.11b (US$98.2m) 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.2m). Market cap is less than US$100m (NT$3.11b market cap, or US$98.2m).
New Risk • Jan 03New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 181% The company is paying a dividend despite having no free cash flows. Dividend yield: 1.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 181% Paying a dividend despite having no free cash flows. Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).
New Risk • Dec 04New 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 6.5% 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 Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).
New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% 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: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$134m revenue, or US$4.3m).
Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.12 profit in 3Q 2024)Third quarter 2025 results: NT$0.08 loss per share (down from NT$0.12 profit in 3Q 2024). Revenue: NT$31.2m (down 11% from 3Q 2024). Net loss: NT$5.14m (down 170% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.21 profit in 2Q 2024)Second quarter 2025 results: NT$0.10 loss per share (down from NT$0.21 profit in 2Q 2024). Revenue: NT$31.7m (down 1.8% from 2Q 2024). Net loss: NT$6.16m (down 147% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% 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: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.8% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (NT$138m revenue, or US$4.7m).
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 26%After last week's 26% share price gain to NT$55.20, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Declared Dividend • Jun 13Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 27th June 2025 Payment date: 31st July 2025 Dividend yield will be 2.3%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (304% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 5.1% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend.
お知らせ • Jun 12Global View Co., Ltd. Announces Cash Dividend for Year 2024Global View Co., Ltd. at its 2025 Annual Shareholders' Meeting, held on June 11, 2025, announced Distribution of 2024 Profits, cash dividend each share TWD 1.
New Risk • May 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 38% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 304% Earnings have declined by 39% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$138m revenue, or US$4.6m). Market cap is less than US$100m (NT$2.79b market cap, or US$92.9m).
Reported Earnings • May 18First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.16 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.16 in 1Q 2024). Revenue: NT$32.2m (flat on 1Q 2024). Net income: NT$30.7m (up 201% from 1Q 2024). Profit margin: 95% (up from 32% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • May 01Global View Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Global View 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 18%After last week's 18% share price decline to NT$40.50, the stock trades at a trailing P/E ratio of 55.3x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 31% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$0.73 (vs NT$1.02 in FY 2023)Full year 2024 results: EPS: NT$0.73 (down from NT$1.02 in FY 2023). Revenue: NT$138.2m (down 13% from FY 2023). Net income: NT$46.1m (down 28% from FY 2023). Profit margin: 33% (down from 41% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Global View Co., Ltd., Annual General Meeting, Jun 11, 2025Global View Co., Ltd., Annual General Meeting, Jun 11, 2025, at 09:00 Taipei Standard Time. Location: 13 floor no,29-1, fu chung rd., banciao district, new taipei city Taiwan
お知らせ • Feb 28Global View Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Global View Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025
Board Change • Feb 27Less than half of directors are independentThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Chiu Chuan Liu was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Feb 26Global View Co., Ltd. Announces Board AppointmentsGlobal View Co., Ltd. announced board appointments. Date of occurrence of the change: February 24, 2025. Elected or changed position: independent director, natural-person director. Title and name of the previous position holder: Director:Sunplus Technology Co., Ltd.; Director:Chou Chih Yuan; Director:Chiu Chi Ying; Director:Tsai Chih Chieh; Independent director:Lin Kuan Chao; Independent director:Wu Tzu Chi; Independent director:Chang Chih Liang. Resume of the previous position holder: Director:Sunplus Technology Co., Ltd.; Director:Chou Chih Yuan/Director,Global View Co., Ltd; Director:Chiu Chi Ying/Managing Partner and Attorney, PROACT INTERNATIONAL LAW OFFICE; Director:Tsai Chih Chieh/CPA and Director, Jianda Accounting Firm; Independent director:Lin Kuan Chao/CPA and Director, PKF Taiwan; Independent director:Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Firm; Independent director:Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Title and name of the new position holder: Director:Chou Fa; Director:Huang Ting Yang; Director:Senlo Investment Co., Ltd. Representative:Huang Yu Feng; Director:Senlo Investment Co., Ltd. Representative:Huang Wei Lun; Independent director:Wu Shang Wen; Independent director:Liu Chiu Chuan; Independent director:Lai Chuang Kuan. .Resume of the new position holder: Director:Chou Fa/Director,Senlo Investment Co., Ltd.; Director:Huang Ting Yang/General Manager,Global View Co., Ltd.; Director:Senlo Investment Co., Ltd. Representative:Huang Yu Feng/Manager,21st Century Fudo Tsu Store; Director:Senlo Investment Co., Ltd. Representative:Huang Wei Lun/Manager,Chinatrust Real Estate Co. Qingpu Elementary School Franchise Store; Independent director:Wu Shang Wen/CPA,Evergreen United Accounting Firm; Independent director:Liu Chiu Chuan/Director,FAR.E Attorneys-at-law; Independent director:Lai Chuang Kuan/Director,JIA YI LAND DEVELOPMENT LTD. Circumstances of change: new appointment. Original term: June 9, 2023 – June 8, 2026. Effective date of the new appointment: February 24, 2025-February 23, 2028.
お知らせ • Feb 25+ 1 more updateGlobal View Co., Ltd. Announces Change of Members of the Audit CommitteeGlobal View Co., Ltd. announced change of members of the Company's 3nd Audit Committee. Date of occurrence of the change: February 24, 2025 .Name of the functional committees: Audit Committee .Name of the previous position holder: (1)Lin Kuan Chao; (2)Wu Tzu Chi; (3)Chang Chih Liang. Resume of the previous position holder: (1)Lin Kuan Chao/CPA and Director, PKF Taiwan; (2)Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Firm; (3)Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Name of the new position holder: (1)Wu Shang Wen; (2)Liu Chiu Chuan; (3)Lai Chuang Kuang .Resume of the new position holder: (1)Wu Shang Wen/CPA, Evergreen United Accounting Firm; (2)Liu Chiu Chuan/Director, FAR.E Attorneys-at-law; (3)Lai Chuang Kuang/Director, JIA YI LAND DEVELOPMENT LTD .Circumstances of change: new appointment. Reason for the change: Early full election. Original term: June 9, 2023- June 8, 2026. Effective date of the new member: February 24, 2025. The duration of the original term was intended to be from June 9, 2023, to June 8, 2026.
お知らせ • Jan 08Global View Co., Ltd. Appoints Yu Yueh Lung as Chief Financial OfficerGlobal View Co., Ltd. appointed Yu Yueh Lung as Chief Financial Officer. Effective date is January 17, 2025. Name, title, and resume of the new position holder: Yu Yueh Lung-Director of WinSheng Material Technology Co.,Ltd.
お知らせ • Jan 03Global View Co., Ltd. Announces Dismissal of Chou Chih Yuan as Natural-Person DirectorGlobal View Co., Ltd. announced dismissal of Chou Chih Yuan as natural-person director. Reason for the change: During the term of office as a director, more than one half of the company's shares being held by him/her at the time he/she is elected, he/she shall, ipso facto, be discharged from the office of director. Original term is from June 9, 2023 to June 8, 2026.
お知らせ • Jan 02Global View Co., Ltd. Announces the Resignation of Tsai Chih Chieh as Natural-Person DirectorGlobal View Co., Ltd. announced the resignation of Tsai Chih Chieh as natural-person director of the company. Reason for the change: Resigned as a natural person director due to personal plans.
お知らせ • Jan 01Global View Co., Ltd. Announces Change of ChairpersonGlobal View Co., Ltd. announced change of Chairperson. Name of the previous position holder:Sunplus Technology Co., Ltd. Resume of the previous position holder:Chairperson, Global View Co., Ltd. Name of the new position holder: Chiu Chi Ying. Resume of the new position holder:Director,Global View Co., Ltd. Reason for the change: resignation. Effective date of the new appointment is December 30, 2024.
分析記事 • Dec 26Global View (TWSE:3040) Will Be Hoping To Turn Its Returns On Capital AroundWhat underlying fundamental trends can indicate that a company might be in decline? A business that's potentially in...
お知らせ • Dec 06SEN LUO INVESTMENT LTD. acquired 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) for approximately TWD 400 million.SEN LUO INVESTMENT LTD. acquired 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) for approximately TWD 400 million on December 4, 2024. Ding Hongxun of Qian Cheng Accounting Firm acted as accountant for Sunplus Technology Company Limited. SEN LUO INVESTMENT LTD. completed the acquisition of 13.51% stake in Global View Co., Ltd. (TWSE:3040) from Sunplus Technology Company Limited (TWSE:2401) on December 4, 2024.
分析記事 • Nov 14Global View's (TWSE:3040) Problems Go Beyond Weak ProfitA lackluster earnings announcement from Global View Co., Ltd. ( TWSE:3040 ) last week didn't sink the stock price. Our...
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.40 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.40 in 3Q 2023). Revenue: NT$35.2m (down 16% from 3Q 2023). Net income: NT$7.31m (down 71% from 3Q 2023). Profit margin: 21% (down from 59% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
New Risk • Nov 06New 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 7.0% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 98% Cash payout ratio: 134% Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Revenue is less than US$5m (NT$149m revenue, or US$4.7m). Market cap is less than US$100m (NT$2.72b market cap, or US$85.2m).
お知らせ • Oct 31Global View Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024Global View Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024
Valuation Update With 7 Day Price Move • Sep 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$44.00, the stock trades at a trailing P/E ratio of 43.1x. Average trailing P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 30% over the past three years.
分析記事 • Sep 17Earnings Not Telling The Story For Global View Co., Ltd. (TWSE:3040)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 21x, you may consider...
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$0.21 (vs NT$0.25 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.21 (down from NT$0.25 in 2Q 2023). Revenue: NT$32.3m (down 13% from 2Q 2023). Net income: NT$13.1m (down 18% from 2Q 2023). Profit margin: 41% (down from 43% in 2Q 2023). The decrease in margin was driven by lower revenue. 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 3% per year, which means it has not declined as severely as earnings.
お知らせ • Aug 02Global View Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Global View Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 19Global View's (TWSE:3040) Returns Have Hit A WallWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Risk • Jul 17New 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 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 116% Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (NT$153m revenue, or US$4.7m). Market cap is less than US$100m (NT$2.16b market cap, or US$66.5m).
Upcoming Dividend • Jun 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 26 July 2024. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.4%).
分析記事 • Jun 09Global View (TWSE:3040) Is Paying Out Less In Dividends Than Last YearGlobal View Co., Ltd. ( TWSE:3040 ) has announced that on 26th of July, it will be paying a dividend ofNT$1.00, which a...
Declared Dividend • Jun 08Dividend reduced to NT$1.00Dividend of NT$1.00 is 50% lower than last year. Ex-date: 27th June 2024 Payment date: 26th July 2024 Dividend yield will be 2.9%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (116% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.4% to bring the payout ratio under control. However, EPS has declined by 6.6% over the last 5 years so the company would need to reverse this trend.
お知らせ • Jun 08Global View Co., Ltd. Approves Cash Dividend for the Year 2023, Expects to Payable on July 26, 2024Global View Co., Ltd. at its 2024 Annual Shareholders' Meeting held on June 6, 2024, approved cash dividend each share of TWD 1 for the year 2023. Total Cash dividend: TWD 63,000,000. Ex-rights (ex-dividend) trading date: June 27, 2024. Ex-rights (ex-dividend) record date: July 5, 2024. Payment date of common stock cash dividend distribution: Expected release date: July 26, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: June 6, 2024.
分析記事 • May 29There's Reason For Concern Over Global View Co., Ltd.'s (TWSE:3040) Massive 26% Price JumpGlobal View Co., Ltd. ( TWSE:3040 ) shareholders would be excited to see that the share price has had a great month...
Valuation Update With 7 Day Price Move • May 29Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$37.60, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 3.6% over the past three years.
分析記事 • Mar 21Investors Can Find Comfort In Global View's (TWSE:3040) Earnings QualityGlobal View Co., Ltd.'s ( TWSE:3040 ) recent weak earnings report didn't cause a big stock movement. We think that...
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$1.02 (vs NT$1.60 in FY 2022)Full year 2023 results: EPS: NT$1.02 (down from NT$1.60 in FY 2022). Revenue: NT$158.6m (up 1.8% from FY 2022). Net income: NT$64.2m (down 36% from FY 2022). Profit margin: 41% (down from 65% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 14+ 1 more updateGlobal View Co., Ltd., Annual General Meeting, Jun 06, 2024Global View Co., Ltd., Annual General Meeting, Jun 06, 2024. Location: 13F., No. 29-1, Fuzhong Rd., Banqiao Dist., New Taipei City 220, Taiwan New Taipei City Taiwan Agenda: To discuss 2023 Business Report; to discuss Audit Committee's Review Report on the Financial Statements; to discuss Execution of the 2023 Employee and Directors Compensation Plan; and to discuss other matters.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 0.004% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 154% Cash payout ratio: 126% Earnings have declined by 0.004% per year over the past 5 years. Minor Risks Revenue is less than US$5m (NT$156m revenue, or US$4.9m). Market cap is less than US$100m (NT$1.89b market cap, or US$59.4m).
Buying Opportunity • Sep 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$37.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 56%.
Buying Opportunity • Aug 25Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 6.2%. The fair value is estimated to be NT$37.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 56%.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.25 (vs NT$0.32 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.25 (down from NT$0.32 in 2Q 2022). Revenue: NT$36.9m (flat on 2Q 2022). Net income: NT$15.9m (down 21% from 2Q 2022). Profit margin: 43% (down from 55% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 56% 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.
New Risk • Jun 30New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$156m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 120% Minor Risks Revenue is less than US$5m (NT$156m revenue, or US$5.0m). Market cap is less than US$100m (NT$1.98b market cap, or US$63.4m).
Upcoming Dividend • Jun 22Upcoming dividend of NT$2.00 per share at 6.0% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).
お知らせ • Jun 15Global View Co., Ltd. Announces Change in Remuneration CommitteeGlobal View Co., Ltd. announced change in remuneration committee. Name of the previous position holder: Tsai Chih Chieh; Xu Mei Lan; Wu Tzu Chi. Resume of the previous position holder: Tsai Chih Chieh/CPA and Director, Jianda Accounting Firm; Xu Mei Lan/Managing Director, CITIC Securities International Company Limited; Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Frim. Name of the new position holder: Lin Kuan Chao; Wu Tzu Chi; Chang Chih Liang. Resume of the new position holder: Lin Kuan Chao/CPA and Director, PKF Taiwan; Wu Tzu Chi/Partner and Accountant, Cometrue CPAs Frim; Chang Chih Liang/Consultant, Daiwa Cathay Capital Markets Co., Ltd. Effective date of the new member is June 9, 2023.
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$1.60 (vs NT$1.97 in FY 2021)Full year 2022 results: EPS: NT$1.60 (down from NT$1.97 in FY 2021). Revenue: NT$155.8m (down 9.2% from FY 2021). Net income: NT$100.9m (down 19% from FY 2021). Profit margin: 65% (down from 72% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mei Lan Xu 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.77 (vs NT$0.48 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.77 (up from NT$0.48 in 3Q 2021). Revenue: NT$41.8m (down 3.1% from 3Q 2021). Net income: NT$48.6m (up 61% from 3Q 2021). 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 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.32 (vs NT$0.66 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.32 (down from NT$0.66 in 2Q 2021). Revenue: NT$36.7m (down 15% from 2Q 2021). Net income: NT$20.1m (down 52% from 2Q 2021). Profit margin: 55% (down from 97% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has remained flat.
Upcoming Dividend • Jun 29Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 29 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (4.6%).
お知らせ • Jun 18Global View Co., Ltd. Approves Cash Dividend for the Year 2021Global View Co., Ltd. held its shareholders meeting on June 17, 2022, approved cash dividend of TWD 2 per share for the year 2021.
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.64 in 1Q 2021)First quarter 2022 results: EPS: NT$0.35 (down from NT$0.64 in 1Q 2021). Revenue: NT$37.6m (down 14% from 1Q 2021). Net income: NT$22.3m (down 44% from 1Q 2021). Profit margin: 59% (down from 92% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mei Lan Xu 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 • Mar 14Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.97 (down from NT$6.34 in FY 2020). Revenue: NT$171.5m (up 11% from FY 2020). Net income: NT$124.0m (down 69% from FY 2020). Profit margin: 72% (down from 258% in FY 2020). The decrease in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.48 (vs NT$2.50 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$43.1m (up 4.6% from 3Q 2020). Net income: NT$30.1m (down 81% from 3Q 2020). Profit margin: 70% (down from 383% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.66 (vs NT$2.45 in 2Q 2020)Second quarter 2021 results: Net income: NT$41.8m (down 73% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 30Upcoming dividend of NT$5.70 per shareEligible shareholders must have bought the stock before 06 August 2021. Payment date: 20 August 2021. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.5%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.78 in 1Q 2020)First quarter 2021 results: Net income: NT$40.1m (down 18% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$6.34 (vs NT$1.36 in FY 2019)Full year 2020 results: Net income: NT$399.2m (up 365% from FY 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 15Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$52.40, the stock trades at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.1x. Average P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders over the past three years are 9.6%.
Is New 90 Day High Low • Feb 17New 90-day high: NT$40.50The company is up 7.0% from its price of NT$37.75 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Durables industry, which is up 5.0% over the same period.
分析記事 • Feb 08We're Not Counting On Global View (TPE:3040) To Sustain Its Statutory ProfitabilityAs a general rule, we think profitable companies are less risky than companies that lose money. However, sometimes...
Is New 90 Day High Low • Nov 16New 90-day high: NT$37.90The company is up 1.0% from its price of NT$37.50 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 2.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.50Third quarter 2020 results: Net income: NT$157.7m (up 475% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 39% 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.
