View Future GrowthTaihan Precision Technology 過去の業績過去 基準チェック /16Taihan Precision Technologyの収益は年間平均-0.6%の割合で減少していますが、 Chemicals業界の収益は年間 減少しています。収益は年間1.7% 4.3%割合で 増加しています。 Taihan Precision Technologyの自己資本利益率は1.5%であり、純利益率は1.2%です。主要情報-0.57%収益成長率-0.71%EPS成長率Chemicals 業界の成長7.89%収益成長率4.30%株主資本利益率1.53%ネット・マージン1.18%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.097 (vs NT$0.44 in 1Q 2025)First quarter 2026 results: EPS: NT$0.097 (down from NT$0.44 in 1Q 2025). Revenue: NT$558.6m (down 10% from 1Q 2025). Net income: NT$7.52m (down 78% from 1Q 2025). Profit margin: 1.3% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.71 (vs NT$2.10 in FY 2024)Full year 2025 results: EPS: NT$0.71 (down from NT$2.10 in FY 2024). Revenue: NT$2.50b (down 2.7% from FY 2024). Net income: NT$55.1m (down 66% from FY 2024). Profit margin: 2.2% (down from 6.4% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.23 (down from NT$0.56 in 3Q 2024). Revenue: NT$618.9m (down 8.6% from 3Q 2024). Net income: NT$17.7m (down 59% from 3Q 2024). Profit margin: 2.9% (down from 6.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.54 profit in 2Q 2024)Second quarter 2025 results: NT$0.06 loss per share (down from NT$0.54 profit in 2Q 2024). Revenue: NT$645.7m (up 1.2% from 2Q 2024). Net loss: NT$4.71m (down 111% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (up from NT$0.43 in 1Q 2024). Revenue: NT$622.6m (up 14% from 1Q 2024). Net income: NT$33.9m (up 1.0% from 1Q 2024). Profit margin: 5.5% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.お知らせ • May 01Taihan Precision Technology Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Taihan Precision Technology Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025すべての更新を表示Recent updatesDeclared Dividend • May 18Dividend of NT$0.26 announcedShareholders will receive a dividend of NT$0.26. Ex-date: 15th July 2026 Payment date: 7th August 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (193% cash payout ratio). The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is less than the 32% EPS decline seen over the last 5 years.New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (193% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$1.04b market cap, or US$33.1m).Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.097 (vs NT$0.44 in 1Q 2025)First quarter 2026 results: EPS: NT$0.097 (down from NT$0.44 in 1Q 2025). Revenue: NT$558.6m (down 10% from 1Q 2025). Net income: NT$7.52m (down 78% from 1Q 2025). Profit margin: 1.3% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.71 (vs NT$2.10 in FY 2024)Full year 2025 results: EPS: NT$0.71 (down from NT$2.10 in FY 2024). Revenue: NT$2.50b (down 2.7% from FY 2024). Net income: NT$55.1m (down 66% from FY 2024). Profit margin: 2.2% (down from 6.4% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.お知らせ • Mar 10Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 26, 2026Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: 3 floor no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city TaiwanReported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.23 (down from NT$0.56 in 3Q 2024). Revenue: NT$618.9m (down 8.6% from 3Q 2024). Net income: NT$17.7m (down 59% from 3Q 2024). Profit margin: 2.9% (down from 6.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.54 profit in 2Q 2024)Second quarter 2025 results: NT$0.06 loss per share (down from NT$0.54 profit in 2Q 2024). Revenue: NT$645.7m (up 1.2% from 2Q 2024). Net loss: NT$4.71m (down 111% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.Upcoming Dividend • Jul 03Upcoming dividend of NT$0.94 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 06 August 2025. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Declared Dividend • May 14Dividend increased to NT$0.94Dividend of NT$0.94 is 130% higher than last year. Ex-date: 10th July 2025 Payment date: 6th August 2025 Dividend yield will be 4.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (up from NT$0.43 in 1Q 2024). Revenue: NT$622.6m (up 14% from 1Q 2024). Net income: NT$33.9m (up 1.0% from 1Q 2024). Profit margin: 5.5% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.お知らせ • May 01Taihan Precision Technology Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Taihan Precision Technology Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025Buy Or Sell Opportunity • Apr 30Now 21% overvaluedOver the last 90 days, the stock has fallen 9.1% to NT$21.35. The fair value is estimated to be NT$17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.6%.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$20.00, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.10 (vs NT$1.39 in FY 2023)Full year 2024 results: EPS: NT$2.10 (up from NT$1.39 in FY 2023). Revenue: NT$2.56b (up 11% from FY 2023). Net income: NT$162.9m (up 52% from FY 2023). Profit margin: 6.4% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • Mar 10Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 20, 2025Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city Taiwanお知らせ • Mar 01Taihan Precision Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Taihan Precision Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025New Risk • Nov 18New 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$2.01b market cap, or US$61.9m).Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.50 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.56 (up from NT$0.50 in 3Q 2023). Revenue: NT$676.9m (up 9.5% from 3Q 2023). Net income: NT$43.3m (up 13% from 3Q 2023). Profit margin: 6.4% (up from 6.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.54 (vs NT$0.34 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.54 (up from NT$0.34 in 2Q 2023). Revenue: NT$638.1m (up 12% from 2Q 2023). Net income: NT$41.7m (up 59% from 2Q 2023). Profit margin: 6.5% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 31Taihan Precision Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Taihan Precision Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024Upcoming Dividend • Jun 27Upcoming dividend of NT$0.41 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 01 August 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.2%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.20 in 1Q 2023)First quarter 2024 results: EPS: NT$0.43 (up from NT$0.20 in 1Q 2023). Revenue: NT$547.4m (down 4.4% from 1Q 2023). Net income: NT$33.6m (up 115% from 1Q 2023). Profit margin: 6.1% (up from 2.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Declared Dividend • May 10Dividend of NT$0.41 announcedDividend of NT$0.41 is the same as last year. Ex-date: 4th July 2024 Payment date: 1st August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$1.39 (vs NT$2.05 in FY 2022)Full year 2023 results: EPS: NT$1.39 (down from NT$2.05 in FY 2022). Revenue: NT$2.32b (down 13% from FY 2022). Net income: NT$107.4m (down 32% from FY 2022). Profit margin: 4.6% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.お知らせ • Mar 09Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 12, 2024. Location: No.568,Sec.1,Minsheng N.Rd Guishan Dist Taoyuan City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee's Audit Report; to consider 2023 Employees' and Directors' Remuneration Allocation Report; to consider 2023 Directors' Remuneration Report; to consider 2023 Cash dividend of Earnings Distribution Statement Report; to consider PRC Investment Information; and to consider amendment of Rules of Procedure for Board of Directors.New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (NT$1.69b market cap, or US$53.4m).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.34 (vs NT$0.57 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.34 (down from NT$0.57 in 2Q 2022). Revenue: NT$572.4m (down 8.4% from 2Q 2022). Net income: NT$26.2m (down 41% from 2Q 2022). Profit margin: 4.6% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 03Upcoming dividend of NT$0.41 per share at 1.7% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.7%).Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$31.20, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 150% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Junyi Lin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$20.90, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 69% over the past three years.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$28.45, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 133% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.14 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.58 (up from NT$0.14 in 2Q 2021). Revenue: NT$625.2m (up 12% from 2Q 2021). Net income: NT$44.3m (up 298% from 2Q 2021). Profit margin: 7.1% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 26Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (8.0%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.34 (vs NT$0.065 in 1Q 2021)First quarter 2022 results: EPS: NT$0.34 (up from NT$0.065 in 1Q 2021). Revenue: NT$525.3m (up 38% from 1Q 2021). Net income: NT$26.5m (up 432% from 1Q 2021). Profit margin: 5.0% (up from 1.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$1.00 (vs NT$2.48 in FY 2020)Full year 2021 results: EPS: NT$1.00 (down from NT$2.48 in FY 2020). Revenue: NT$2.09b (up 9.4% from FY 2020). Net income: NT$77.1m (down 60% from FY 2020). Profit margin: 3.7% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.29 (vs NT$0.36 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$557.1m (up 3.6% from 3Q 2020). Net income: NT$22.2m (down 20% from 3Q 2020). Profit margin: 4.0% (down from 5.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.14 (vs NT$2.43 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$560.5m (up 60% from 2Q 2020). Net income: NT$11.2m (down 94% from 2Q 2020). Profit margin: 2.0% (down from 54% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 04Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 07 September 2021. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.043 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$379.8m (down 19% from 1Q 2020). Net income: NT$4.98m (up 47% from 1Q 2020). Profit margin: 1.3% (up from 0.7% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 17Is Taihan Precision Technology (GTSM:1336) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.48 (vs NT$0.87 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$1.91b (down 19% from FY 2019). Net income: NT$192.7m (up 163% from FY 2019). Profit margin: 10% (up from 3.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 20Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 18, 2021Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 18, 2021.分析記事 • Feb 20Can Taihan Precision Technology (GTSM:1336) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Feb 01Taihan Precision Technology (GTSM:1336) Has Gifted Shareholders With A Fantastic 257% Total Return On Their InvestmentWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...分析記事 • Jan 14Here's Why Taihan Precision Technology (GTSM:1336) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 27Is Taihan Precision Technology Co., Ltd.'s (GTSM:1336) Latest Stock Performance A Reflection Of Its Financial Health?Taihan Precision Technology's (GTSM:1336) stock is up by a considerable 62% over the past three months. Given the...Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.00, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 20x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 67%.Is New 90 Day High Low • Dec 18New 90-day high: NT$22.30The company is up 13% from its price of NT$19.70 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.分析記事 • Dec 09Should You Rely On Taihan Precision Technology's (GTSM:1336) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...分析記事 • Nov 21Here’s What’s Happening With Returns At Taihan Precision Technology (GTSM:1336)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.36The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$537.9m (down 12% from 3Q 2019). Net income: NT$27.8m (up 20% from 3Q 2019). Profit margin: 5.2% (up from 3.8% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 16% share price gain to NT$22.10, the stock is trading at a trailing P/E ratio of 7.6x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 22x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 47%.Is New 90 Day High Low • Nov 09New 90-day high: NT$20.20The company is up 29% from its price of NT$15.60 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period.収支内訳Taihan Precision Technology 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:1336 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 262,43129275031 Dec 252,49555274030 Sep 252,58891253030 Jun 252,646117242031 Mar 252,639163245031 Dec 242,563163232030 Sep 242,416146234030 Jun 242,357141246031 Mar 242,291125231031 Dec 232,317107227030 Sep 232,52096242030 Jun 232,663129240031 Mar 232,716147233031 Dec 222,669158224030 Sep 222,500181202030 Jun 222,296132190031 Mar 222,23199200031 Dec 212,08577204030 Sep 212,04912220030 Jun 212,03018220031 Mar 211,820194221031 Dec 201,907193223030 Sep 201,957241224030 Jun 202,031236239031 Mar 202,26474240031 Dec 192,35373245030 Sep 192,46471255030 Jun 192,65788268031 Mar 192,74098265031 Dec 182,788107262030 Sep 182,719115247030 Jun 182,562106222031 Mar 182,404104203031 Dec 172,284101194030 Sep 172,16165213030 Jun 171,982-7219031 Mar 171,828-100242031 Dec 161,791-136258030 Sep 161,871-148241030 Jun 161,840-141239031 Mar 161,854-142229031 Dec 151,827-149225030 Sep 151,725-200230030 Jun 151,772-1642270質の高い収益: 1336は 高品質の収益 を持っています。利益率の向上: 1336の現在の純利益率 (1.2%)は、昨年(6.2%)よりも低くなっています。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: 1336の収益は過去 5 年間で年間0.6%減少しました。成長の加速: 1336は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 1336は過去 1 年間で収益成長率がマイナス ( -82.4% ) となったため、 Chemicals業界平均 ( -7.2% ) と比較することが困難です。株主資本利益率高いROE: 1336の 自己資本利益率 ( 1.5% ) 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7D1Y7D1Y7D1YMaterials 、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2026/06/12 15:14終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Taihan Precision Technology 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 • May 16First quarter 2026 earnings released: EPS: NT$0.097 (vs NT$0.44 in 1Q 2025)First quarter 2026 results: EPS: NT$0.097 (down from NT$0.44 in 1Q 2025). Revenue: NT$558.6m (down 10% from 1Q 2025). Net income: NT$7.52m (down 78% from 1Q 2025). Profit margin: 1.3% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.71 (vs NT$2.10 in FY 2024)Full year 2025 results: EPS: NT$0.71 (down from NT$2.10 in FY 2024). Revenue: NT$2.50b (down 2.7% from FY 2024). Net income: NT$55.1m (down 66% from FY 2024). Profit margin: 2.2% (down from 6.4% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.23 (down from NT$0.56 in 3Q 2024). Revenue: NT$618.9m (down 8.6% from 3Q 2024). Net income: NT$17.7m (down 59% from 3Q 2024). Profit margin: 2.9% (down from 6.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.54 profit in 2Q 2024)Second quarter 2025 results: NT$0.06 loss per share (down from NT$0.54 profit in 2Q 2024). Revenue: NT$645.7m (up 1.2% from 2Q 2024). Net loss: NT$4.71m (down 111% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (up from NT$0.43 in 1Q 2024). Revenue: NT$622.6m (up 14% from 1Q 2024). Net income: NT$33.9m (up 1.0% from 1Q 2024). Profit margin: 5.5% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
お知らせ • May 01Taihan Precision Technology Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Taihan Precision Technology Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
Declared Dividend • May 18Dividend of NT$0.26 announcedShareholders will receive a dividend of NT$0.26. Ex-date: 15th July 2026 Payment date: 7th August 2026 Dividend yield will be 1.9%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (193% cash payout ratio). The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is less than the 32% EPS decline seen over the last 5 years.
New Risk • May 16New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (193% cash payout ratio). Profit margins are more than 30% lower than last year (1.2% net profit margin). Market cap is less than US$100m (NT$1.04b market cap, or US$33.1m).
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.097 (vs NT$0.44 in 1Q 2025)First quarter 2026 results: EPS: NT$0.097 (down from NT$0.44 in 1Q 2025). Revenue: NT$558.6m (down 10% from 1Q 2025). Net income: NT$7.52m (down 78% from 1Q 2025). Profit margin: 1.3% (down from 5.5% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 18% per year.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.71 (vs NT$2.10 in FY 2024)Full year 2025 results: EPS: NT$0.71 (down from NT$2.10 in FY 2024). Revenue: NT$2.50b (down 2.7% from FY 2024). Net income: NT$55.1m (down 66% from FY 2024). Profit margin: 2.2% (down from 6.4% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings.
お知らせ • Mar 10Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 26, 2026Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: 3 floor no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city Taiwan
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.56 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.23 (down from NT$0.56 in 3Q 2024). Revenue: NT$618.9m (down 8.6% from 3Q 2024). Net income: NT$17.7m (down 59% from 3Q 2024). Profit margin: 2.9% (down from 6.4% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.06 loss per share (vs NT$0.54 profit in 2Q 2024)Second quarter 2025 results: NT$0.06 loss per share (down from NT$0.54 profit in 2Q 2024). Revenue: NT$645.7m (up 1.2% from 2Q 2024). Net loss: NT$4.71m (down 111% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 15% per year, which means it is performing significantly worse than earnings.
Upcoming Dividend • Jul 03Upcoming dividend of NT$0.94 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 06 August 2025. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Declared Dividend • May 14Dividend increased to NT$0.94Dividend of NT$0.94 is 130% higher than last year. Ex-date: 10th July 2025 Payment date: 6th August 2025 Dividend yield will be 4.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (45% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.44 (vs NT$0.43 in 1Q 2024)First quarter 2025 results: EPS: NT$0.44 (up from NT$0.43 in 1Q 2024). Revenue: NT$622.6m (up 14% from 1Q 2024). Net income: NT$33.9m (up 1.0% from 1Q 2024). Profit margin: 5.5% (down from 6.1% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
お知らせ • May 01Taihan Precision Technology Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Taihan Precision Technology Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
Buy Or Sell Opportunity • Apr 30Now 21% overvaluedOver the last 90 days, the stock has fallen 9.1% to NT$21.35. The fair value is estimated to be NT$17.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.6%.
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$20.00, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 8.6% over the past three years.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.10 (vs NT$1.39 in FY 2023)Full year 2024 results: EPS: NT$2.10 (up from NT$1.39 in FY 2023). Revenue: NT$2.56b (up 11% from FY 2023). Net income: NT$162.9m (up 52% from FY 2023). Profit margin: 6.4% (up from 4.6% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Mar 10Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 20, 2025Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city Taiwan
お知らせ • Mar 01Taihan Precision Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Taihan Precision Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025
New Risk • Nov 18New 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$2.01b market cap, or US$61.9m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.50 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.56 (up from NT$0.50 in 3Q 2023). Revenue: NT$676.9m (up 9.5% from 3Q 2023). Net income: NT$43.3m (up 13% from 3Q 2023). Profit margin: 6.4% (up from 6.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.54 (vs NT$0.34 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.54 (up from NT$0.34 in 2Q 2023). Revenue: NT$638.1m (up 12% from 2Q 2023). Net income: NT$41.7m (up 59% from 2Q 2023). Profit margin: 6.5% (up from 4.6% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 31Taihan Precision Technology Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Taihan Precision Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
Upcoming Dividend • Jun 27Upcoming dividend of NT$0.41 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 01 August 2024. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.2%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.20 in 1Q 2023)First quarter 2024 results: EPS: NT$0.43 (up from NT$0.20 in 1Q 2023). Revenue: NT$547.4m (down 4.4% from 1Q 2023). Net income: NT$33.6m (up 115% from 1Q 2023). Profit margin: 6.1% (up from 2.7% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Declared Dividend • May 10Dividend of NT$0.41 announcedDividend of NT$0.41 is the same as last year. Ex-date: 4th July 2024 Payment date: 1st August 2024 Dividend yield will be 2.1%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (10% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$1.39 (vs NT$2.05 in FY 2022)Full year 2023 results: EPS: NT$1.39 (down from NT$2.05 in FY 2022). Revenue: NT$2.32b (down 13% from FY 2022). Net income: NT$107.4m (down 32% from FY 2022). Profit margin: 4.6% (down from 5.9% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
お知らせ • Mar 09Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 12, 2024Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 12, 2024. Location: No.568,Sec.1,Minsheng N.Rd Guishan Dist Taoyuan City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee's Audit Report; to consider 2023 Employees' and Directors' Remuneration Allocation Report; to consider 2023 Directors' Remuneration Report; to consider 2023 Cash dividend of Earnings Distribution Statement Report; to consider PRC Investment Information; and to consider amendment of Rules of Procedure for Board of Directors.
New Risk • Nov 25New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 7.2% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Shareholders have been diluted in the past year (2.2% increase in shares outstanding). Market cap is less than US$100m (NT$1.69b market cap, or US$53.4m).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.34 (vs NT$0.57 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.34 (down from NT$0.57 in 2Q 2022). Revenue: NT$572.4m (down 8.4% from 2Q 2022). Net income: NT$26.2m (down 41% from 2Q 2022). Profit margin: 4.6% (down from 7.1% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 03Upcoming dividend of NT$0.41 per share at 1.7% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 03 August 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.7%).
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$31.20, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 150% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Junyi Lin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$20.90, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 69% over the past three years.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$28.45, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 133% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.58 (vs NT$0.14 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.58 (up from NT$0.14 in 2Q 2021). Revenue: NT$625.2m (up 12% from 2Q 2021). Net income: NT$44.3m (up 298% from 2Q 2021). Profit margin: 7.1% (up from 2.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 26Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 30 August 2022. Payout ratio is a comfortable 31% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (8.0%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.34 (vs NT$0.065 in 1Q 2021)First quarter 2022 results: EPS: NT$0.34 (up from NT$0.065 in 1Q 2021). Revenue: NT$525.3m (up 38% from 1Q 2021). Net income: NT$26.5m (up 432% from 1Q 2021). Profit margin: 5.0% (up from 1.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$1.00 (vs NT$2.48 in FY 2020)Full year 2021 results: EPS: NT$1.00 (down from NT$2.48 in FY 2020). Revenue: NT$2.09b (up 9.4% from FY 2020). Net income: NT$77.1m (down 60% from FY 2020). Profit margin: 3.7% (down from 10% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.29 (vs NT$0.36 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$557.1m (up 3.6% from 3Q 2020). Net income: NT$22.2m (down 20% from 3Q 2020). Profit margin: 4.0% (down from 5.2% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.14 (vs NT$2.43 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$560.5m (up 60% from 2Q 2020). Net income: NT$11.2m (down 94% from 2Q 2020). Profit margin: 2.0% (down from 54% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 04Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 11 August 2021. Payment date: 07 September 2021. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.043 in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$379.8m (down 19% from 1Q 2020). Net income: NT$4.98m (up 47% from 1Q 2020). Profit margin: 1.3% (up from 0.7% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 17Is Taihan Precision Technology (GTSM:1336) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.48 (vs NT$0.87 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$1.91b (down 19% from FY 2019). Net income: NT$192.7m (up 163% from FY 2019). Profit margin: 10% (up from 3.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 20Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 18, 2021Taihan Precision Technology Co., Ltd., Annual General Meeting, Jun 18, 2021.
分析記事 • Feb 20Can Taihan Precision Technology (GTSM:1336) Continue To Grow Its Returns On Capital?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Feb 01Taihan Precision Technology (GTSM:1336) Has Gifted Shareholders With A Fantastic 257% Total Return On Their InvestmentWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
分析記事 • Jan 14Here's Why Taihan Precision Technology (GTSM:1336) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Dec 27Is Taihan Precision Technology Co., Ltd.'s (GTSM:1336) Latest Stock Performance A Reflection Of Its Financial Health?Taihan Precision Technology's (GTSM:1336) stock is up by a considerable 62% over the past three months. Given the...
Valuation Update With 7 Day Price Move • Dec 25Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$27.00, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 20x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 67%.
Is New 90 Day High Low • Dec 18New 90-day high: NT$22.30The company is up 13% from its price of NT$19.70 on 18 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.
分析記事 • Dec 09Should You Rely On Taihan Precision Technology's (GTSM:1336) Earnings Growth?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
分析記事 • Nov 21Here’s What’s Happening With Returns At Taihan Precision Technology (GTSM:1336)If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.36The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$537.9m (down 12% from 3Q 2019). Net income: NT$27.8m (up 20% from 3Q 2019). Profit margin: 5.2% (up from 3.8% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 11Market bids up stock over the past weekAfter last week's 16% share price gain to NT$22.10, the stock is trading at a trailing P/E ratio of 7.6x, up from the previous P/E ratio of 6.6x. This compares to an average P/E of 22x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 47%.
Is New 90 Day High Low • Nov 09New 90-day high: NT$20.20The company is up 29% from its price of NT$15.60 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period.