View Future GrowthStudy King 過去の業績過去 基準チェック /26Study Kingの収益は年間平均-29.5%の割合で減少していますが、 Consumer Services業界の収益は年間 増加しています。収益は年間15.3% 5.2%割合で 減少しています。 Study Kingの自己資本利益率は10.5%であり、純利益率は6.2%です。主要情報-29.49%収益成長率-29.94%EPS成長率Consumer Services 業界の成長-11.51%収益成長率-5.20%株主資本利益率10.53%ネット・マージン6.22%前回の決算情報30 Jun 2025最近の業績更新Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$0.94 (vs NT$0.005 in FY 2023)Full year 2024 results: EPS: NT$0.94 (up from NT$0.005 in FY 2023). Revenue: NT$369.5m (up 8.1% from FY 2023). Net income: NT$15.2m (up NT$15.1m from FY 2023). Profit margin: 4.1% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.67 (vs NT$0.49 in 1H 2021)First half 2022 results: EPS: NT$0.67 (up from NT$0.49 in 1H 2021). Revenue: NT$194.0m (up 7.6% from 1H 2021). Net income: NT$11.0m (up 37% from 1H 2021). Profit margin: 5.7% (up from 4.4% in 1H 2021). The increase in margin was driven by higher revenue.Reported Earnings • Apr 04Full year 2021 earnings released: EPS: NT$1.17 (vs NT$2.60 in FY 2020)Full year 2021 results: EPS: NT$1.17 (down from NT$2.60 in FY 2020). Revenue: NT$404.2m (down 10% from FY 2020). Net income: NT$19.3m (down 55% from FY 2020). Profit margin: 4.8% (down from 9.5% in FY 2020). The decrease in margin was driven by lower revenue.分析記事 • Apr 05Study King (GTSM:6780) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereStudy King Co., Ltd.'s ( GTSM:6780 ) recent earnings report didn't offer any surprises, with the shares unchanged over...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$3.12 (vs NT$2.82 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$451.0m (down 4.9% from FY 2019). Net income: NT$42.7m (up 32% from FY 2019). Profit margin: 9.5% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$40.85, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 14x in the Consumer Services industry in Asia. Total returns to shareholders of 57% over the past three years.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$33.80, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 14x in the Consumer Services industry in Asia. Total returns to shareholders of 27% over the past three years.Declared Dividend • Mar 27Dividend increased to NT$1.30Dividend of NT$1.30 is 63% higher than last year. Ex-date: 24th April 2026 Payment date: 25th May 2026 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 37% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.お知らせ • Mar 24Study King Co., Ltd., Annual General Meeting, Jun 26, 2026Study King Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: 8 floor no,242, sec.2 wen hua rd., banciao district, new taipei city TaiwanNew Risk • Feb 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$507.2m market cap, or US$16.2m).New Risk • Jul 09New 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 7.8% 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 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (NT$356.8m market cap, or US$12.2m).Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$18.50, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 26x in the Consumer Services industry in Taiwan. Total loss to shareholders of 38% over the past three years.Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$0.94 (vs NT$0.005 in FY 2023)Full year 2024 results: EPS: NT$0.94 (up from NT$0.005 in FY 2023). Revenue: NT$369.5m (up 8.1% from FY 2023). Net income: NT$15.2m (up NT$15.1m from FY 2023). Profit margin: 4.1% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.New Risk • Apr 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$255.2m market cap, or US$7.83m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2025. Payment date: 28 May 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 4.7%.お知らせ • Mar 25Study King Co., Ltd., Annual General Meeting, Jun 27, 2025Study King Co., Ltd., Annual General Meeting, Jun 27, 2025. Location: 8 floor no,242, sec.2 wen hua rd., banciao district, new taipei city TaiwanNew Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$284.5m market cap, or US$8.64m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.5% average weekly change).New Risk • Dec 25New 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 6.4% 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 Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$236.5m market cap, or US$7.23m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Jul 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (NT$238.0m market cap, or US$7.24m). Minor Risk Profit margins are more than 30% lower than last year (0.03% net profit margin).New Risk • May 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.03% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 258% Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (NT$260.2m market cap, or US$8.02m). Minor Risk Profit margins are more than 30% lower than last year (0.03% net profit margin).Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.75, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 14x in the Consumer Services industry in Taiwan. Total loss to shareholders of 61% over the past three years.お知らせ • Apr 02Study King Co., Ltd., Annual General Meeting, Jun 17, 2024Study King Co., Ltd., Annual General Meeting, Jun 17, 2024.Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$15.30, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Consumer Services industry in Taiwan. Total loss to shareholders of 61% over the past three years.Buy Or Sell Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to NT$16.60. The fair value is estimated to be NT$21.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 24%.New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$289.9m market cap, or US$9.17m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (100% payout ratio).New Risk • Jan 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: NT$312.9m (US$9.92m) This is considered a major 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$312.9m market cap, or US$9.92m). Minor Risk Dividend is not well covered by earnings (100% payout ratio).Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 16x in the Consumer Services industry in Taiwan. Total loss to shareholders of 35% over the past three years.New Risk • Oct 05New 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 6.0% 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 Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$305.5m market cap, or US$9.45m). Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).Upcoming Dividend • Apr 10Upcoming dividend of NT$1.20 per share at 4.2% yieldEligible shareholders must have bought the stock before 17 April 2023. Payment date: 11 May 2023. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (3.4%).Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.00, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 16x in the Consumer Services industry in Taiwan. Total loss to shareholders of 3.1% over the past year.Buying Opportunity • Dec 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$33.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 37%.Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.67 (vs NT$0.49 in 1H 2021)First half 2022 results: EPS: NT$0.67 (up from NT$0.49 in 1H 2021). Revenue: NT$194.0m (up 7.6% from 1H 2021). Net income: NT$11.0m (up 37% from 1H 2021). Profit margin: 5.7% (up from 4.4% in 1H 2021). The increase in margin was driven by higher revenue.Upcoming Dividend • Jul 06Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 03 August 2022. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).Reported Earnings • Apr 04Full year 2021 earnings released: EPS: NT$1.17 (vs NT$2.60 in FY 2020)Full year 2021 results: EPS: NT$1.17 (down from NT$2.60 in FY 2020). Revenue: NT$404.2m (down 10% from FY 2020). Net income: NT$19.3m (down 55% from FY 2020). Profit margin: 4.8% (down from 9.5% in FY 2020). The decrease in margin was driven by lower revenue.Upcoming Dividend • Aug 03Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 15 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.7%).Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 17x in the Consumer Services industry in Taiwan.分析記事 • Apr 05Study King (GTSM:6780) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereStudy King Co., Ltd.'s ( GTSM:6780 ) recent earnings report didn't offer any surprises, with the shares unchanged over...分析記事 • Apr 01Little Excitement Around Study King Co., Ltd.'s (GTSM:6780) EarningsStudy King Co., Ltd.'s ( GTSM:6780 ) price-to-earnings (or "P/E") ratio of 17x might make it look like a buy right now...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$3.12 (vs NT$2.82 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$451.0m (down 4.9% from FY 2019). Net income: NT$42.7m (up 32% from FY 2019). Profit margin: 9.5% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.お知らせ • Mar 18Study King Co., Ltd., Annual General Meeting, Jun 04, 2021Study King Co., Ltd., Annual General Meeting, Jun 04, 2021.Is New 90 Day High Low • Mar 04New 90-day high: NT$48.15The company is up 5.0% from its price of NT$45.90 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 4.0% over the same period.Is New 90 Day High Low • Feb 06New 90-day high: NT$47.55The company is up 6.0% from its price of NT$45.00 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 6.0% over the same period.Is New 90 Day High Low • Oct 28New 90-day low: NT$45.00The company is down 13% from its price of NT$52.00 on 30 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 6.0% over the same period.収支内訳Study King の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TPEX:6780 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費30 Jun 25370232782231 Mar 25370192822231 Dec 24370152862230 Sep 2435432822330 Jun 24338-82792431 Mar 24340-42762531 Dec 2334202722630 Sep 23362102782830 Jun 23383202833031 Mar 23391212873131 Dec 22399212913230 Sep 22408223023230 Jun 22418223143231 Mar 22411213113331 Dec 21404193093430 Sep 21414273073730 Jun 21423353053931 Mar 21437393094631 Dec 20451433135230 Sep 20444343125530 Jun 20437263125731 Mar 20456293225631 Dec 19474323325531 Dec 18447173285631 Dec 17395-829443質の高い収益: 6780は 高品質の収益 を持っています。利益率の向上: 6780過去に利益を上げました。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 6780の収益は過去 5 年間で年間29.5%減少しました。成長の加速: 6780は昨年収益を上げたため、収益成長率を 5 年間の平均と比較することは困難です。収益対業界: 6780昨年収益を上げたため、昨年の収益成長をConsumer Services業界 ( 7.5% ) と比較することは困難です。株主資本利益率高いROE: 6780の 自己資本利益率 ( 10.5% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-services 、過去の業績が好調な企業。View Financial Health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2026/05/09 06:13終値2026/05/08 00:00収益2025/06/30年間収益2024/12/31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Study King 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
Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$0.94 (vs NT$0.005 in FY 2023)Full year 2024 results: EPS: NT$0.94 (up from NT$0.005 in FY 2023). Revenue: NT$369.5m (up 8.1% from FY 2023). Net income: NT$15.2m (up NT$15.1m from FY 2023). Profit margin: 4.1% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.67 (vs NT$0.49 in 1H 2021)First half 2022 results: EPS: NT$0.67 (up from NT$0.49 in 1H 2021). Revenue: NT$194.0m (up 7.6% from 1H 2021). Net income: NT$11.0m (up 37% from 1H 2021). Profit margin: 5.7% (up from 4.4% in 1H 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 04Full year 2021 earnings released: EPS: NT$1.17 (vs NT$2.60 in FY 2020)Full year 2021 results: EPS: NT$1.17 (down from NT$2.60 in FY 2020). Revenue: NT$404.2m (down 10% from FY 2020). Net income: NT$19.3m (down 55% from FY 2020). Profit margin: 4.8% (down from 9.5% in FY 2020). The decrease in margin was driven by lower revenue.
分析記事 • Apr 05Study King (GTSM:6780) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereStudy King Co., Ltd.'s ( GTSM:6780 ) recent earnings report didn't offer any surprises, with the shares unchanged over...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$3.12 (vs NT$2.82 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$451.0m (down 4.9% from FY 2019). Net income: NT$42.7m (up 32% from FY 2019). Profit margin: 9.5% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$40.85, the stock trades at a trailing P/E ratio of 28.9x. Average trailing P/E is 14x in the Consumer Services industry in Asia. Total returns to shareholders of 57% over the past three years.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$33.80, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 14x in the Consumer Services industry in Asia. Total returns to shareholders of 27% over the past three years.
Declared Dividend • Mar 27Dividend increased to NT$1.30Dividend of NT$1.30 is 63% higher than last year. Ex-date: 24th April 2026 Payment date: 25th May 2026 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (57% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 3.7% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 37% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.8% EPS decline seen over the last 5 years.
お知らせ • Mar 24Study King Co., Ltd., Annual General Meeting, Jun 26, 2026Study King Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: 8 floor no,242, sec.2 wen hua rd., banciao district, new taipei city Taiwan
New Risk • Feb 28New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 29% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$507.2m market cap, or US$16.2m).
New Risk • Jul 09New 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 7.8% 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 34% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (NT$356.8m market cap, or US$12.2m).
Valuation Update With 7 Day Price Move • May 14Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$18.50, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 26x in the Consumer Services industry in Taiwan. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Apr 26Full year 2024 earnings released: EPS: NT$0.94 (vs NT$0.005 in FY 2023)Full year 2024 results: EPS: NT$0.94 (up from NT$0.005 in FY 2023). Revenue: NT$369.5m (up 8.1% from FY 2023). Net income: NT$15.2m (up NT$15.1m from FY 2023). Profit margin: 4.1% (up from 0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings.
New Risk • Apr 20New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$255.2m market cap, or US$7.83m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2025. Payment date: 28 May 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 4.7%.
お知らせ • Mar 25Study King Co., Ltd., Annual General Meeting, Jun 27, 2025Study King Co., Ltd., Annual General Meeting, Jun 27, 2025. Location: 8 floor no,242, sec.2 wen hua rd., banciao district, new taipei city Taiwan
New Risk • Mar 03New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$284.5m market cap, or US$8.64m). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.5% average weekly change).
New Risk • Dec 25New 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 6.4% 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 Earnings have declined by 37% per year over the past 5 years. Market cap is less than US$10m (NT$236.5m market cap, or US$7.23m). Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Jul 30New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (NT$238.0m market cap, or US$7.24m). Minor Risk Profit margins are more than 30% lower than last year (0.03% net profit margin).
New Risk • May 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.03% Last year net profit margin: 5.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 100% Cash payout ratio: 258% Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (NT$260.2m market cap, or US$8.02m). Minor Risk Profit margins are more than 30% lower than last year (0.03% net profit margin).
Valuation Update With 7 Day Price Move • May 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.75, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 14x in the Consumer Services industry in Taiwan. Total loss to shareholders of 61% over the past three years.
お知らせ • Apr 02Study King Co., Ltd., Annual General Meeting, Jun 17, 2024Study King Co., Ltd., Annual General Meeting, Jun 17, 2024.
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$15.30, the stock trades at a trailing P/E ratio of 12.8x. Average trailing P/E is 14x in the Consumer Services industry in Taiwan. Total loss to shareholders of 61% over the past three years.
Buy Or Sell Opportunity • Mar 22Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 24% to NT$16.60. The fair value is estimated to be NT$21.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years. Earnings per share has declined by 24%.
New Risk • Feb 27New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$289.9m market cap, or US$9.17m). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (100% payout ratio).
New Risk • Jan 18New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: NT$312.9m (US$9.92m) This is considered a major 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 Share price has been highly volatile over the past 3 months (8.7% average weekly change). Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$312.9m market cap, or US$9.92m). Minor Risk Dividend is not well covered by earnings (100% payout ratio).
Valuation Update With 7 Day Price Move • Nov 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$21.00, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 16x in the Consumer Services industry in Taiwan. Total loss to shareholders of 35% over the past three years.
New Risk • Oct 05New 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 6.0% 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 Earnings have declined by 8.4% per year over the past 5 years. Market cap is less than US$10m (NT$305.5m market cap, or US$9.45m). Minor Risks Dividend is not well covered by earnings (100% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).
Upcoming Dividend • Apr 10Upcoming dividend of NT$1.20 per share at 4.2% yieldEligible shareholders must have bought the stock before 17 April 2023. Payment date: 11 May 2023. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.8%). Higher than average of industry peers (3.4%).
Valuation Update With 7 Day Price Move • Mar 08Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$34.00, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 16x in the Consumer Services industry in Taiwan. Total loss to shareholders of 3.1% over the past year.
Buying Opportunity • Dec 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$33.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Earnings per share has declined by 37%.
Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$0.67 (vs NT$0.49 in 1H 2021)First half 2022 results: EPS: NT$0.67 (up from NT$0.49 in 1H 2021). Revenue: NT$194.0m (up 7.6% from 1H 2021). Net income: NT$11.0m (up 37% from 1H 2021). Profit margin: 5.7% (up from 4.4% in 1H 2021). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jul 06Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 13 July 2022. Payment date: 03 August 2022. Payout ratio is on the higher end at 85%, however this is supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.6%).
Reported Earnings • Apr 04Full year 2021 earnings released: EPS: NT$1.17 (vs NT$2.60 in FY 2020)Full year 2021 results: EPS: NT$1.17 (down from NT$2.60 in FY 2020). Revenue: NT$404.2m (down 10% from FY 2020). Net income: NT$19.3m (down 55% from FY 2020). Profit margin: 4.8% (down from 9.5% in FY 2020). The decrease in margin was driven by lower revenue.
Upcoming Dividend • Aug 03Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 15 September 2021. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.7%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 17x in the Consumer Services industry in Taiwan.
分析記事 • Apr 05Study King (GTSM:6780) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereStudy King Co., Ltd.'s ( GTSM:6780 ) recent earnings report didn't offer any surprises, with the shares unchanged over...
分析記事 • Apr 01Little Excitement Around Study King Co., Ltd.'s (GTSM:6780) EarningsStudy King Co., Ltd.'s ( GTSM:6780 ) price-to-earnings (or "P/E") ratio of 17x might make it look like a buy right now...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$3.12 (vs NT$2.82 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$451.0m (down 4.9% from FY 2019). Net income: NT$42.7m (up 32% from FY 2019). Profit margin: 9.5% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.
お知らせ • Mar 18Study King Co., Ltd., Annual General Meeting, Jun 04, 2021Study King Co., Ltd., Annual General Meeting, Jun 04, 2021.
Is New 90 Day High Low • Mar 04New 90-day high: NT$48.15The company is up 5.0% from its price of NT$45.90 on 04 December 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Feb 06New 90-day high: NT$47.55The company is up 6.0% from its price of NT$45.00 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Services industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Oct 28New 90-day low: NT$45.00The company is down 13% from its price of NT$52.00 on 30 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Services industry, which is down 6.0% over the same period.