View ValuationTMP Steel 将来の成長Future 基準チェック /06現在、 TMP Steelの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Metals and Mining 収益成長70.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Mar 09TMP Steel Corporation, Annual General Meeting, May 25, 2026TMP Steel Corporation, Annual General Meeting, May 25, 2026, at 10:00 Taipei Standard Time. Location: no,3, ching chien rd., lugang township, changhua county TaiwanReported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$1.53 (vs NT$3.07 in FY 2024)Full year 2025 results: EPS: NT$1.53 (down from NT$3.07 in FY 2024). Revenue: NT$7.68b (down 18% from FY 2024). Net income: NT$152.5m (down 34% from FY 2024). Profit margin: 2.0% (down from 2.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$0.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (down from NT$0.49 in 3Q 2024). Revenue: NT$1.77b (down 29% from 3Q 2024). Net income: NT$26.0m (down 25% from 3Q 2024). Profit margin: 1.5% (up from 1.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 25 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.32 (vs NT$1.84 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.32 (down from NT$1.84 in 2Q 2024). Revenue: NT$2.10b (down 11% from 2Q 2024). Net income: NT$32.1m (down 75% from 2Q 2024). Profit margin: 1.5% (down from 5.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.47 (down from NT$0.70 in 1Q 2024). Revenue: NT$1.94b (down 12% from 1Q 2024). Net income: NT$46.6m (down 3.7% from 1Q 2024). Profit margin: 2.4% (up from 2.2% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to NT$25.65. The fair value is estimated to be NT$32.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%.お知らせ • May 01TMP Steel Corporation to Report Q1, 2025 Results on May 09, 2025TMP Steel Corporation announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 17x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 21% over the past three years.Buy Or Sell Opportunity • Apr 07Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to NT$24.50. The fair value is estimated to be NT$33.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%.Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$3.07 (vs NT$4.02 in FY 2023)Full year 2024 results: EPS: NT$3.07 (down from NT$4.02 in FY 2023). Revenue: NT$9.31b (up 19% from FY 2023). Net income: NT$230.8m (down 12% from FY 2023). Profit margin: 2.5% (down from 3.4% in FY 2023). The decrease in margin was driven by higher 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 9% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 25TMP Steel Corporation, Annual General Meeting, May 26, 2025TMP Steel Corporation, Annual General Meeting, May 26, 2025, at 10:00 Taipei Standard Time. Location: no,3, ching chien rd., lugang township, changhua county Taiwanお知らせ • Feb 14TMP Steel Corporation to Report Fiscal Year 2024 Results on Feb 21, 2025TMP Steel Corporation announced that they will report fiscal year 2024 results on Feb 21, 2025New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.68b market cap, or US$81.3m).Buy Or Sell Opportunity • Jan 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$26.25. The fair value is estimated to be NT$33.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 33%.お知らせ • Jan 09TMP Steel Corporation Announces Demise of Shih-Chieh Chao, Institutional DirectorTMP Steel Corporation announced Demise of Shih-Chieh Chao, Institutional Director. Resume of the previous position holder: Director of TMP Steel Corporation, Director of Gloria material technology corp. The company received this information on January 8, 2025.New Risk • Nov 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (NT$2.82b market cap, or US$86.7m).Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.53 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (down from NT$0.53 in 3Q 2023). Revenue: NT$2.50b (up 51% from 3Q 2023). Net income: NT$34.6m (down 3.8% from 3Q 2023). Profit margin: 1.4% (down from 2.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 01TMP Steel Corporation to Report Q3, 2024 Results on Nov 08, 2024TMP Steel Corporation announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.84 (vs NT$0.78 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.84 (up from NT$0.78 in 2Q 2023). Revenue: NT$2.36b (up 21% from 2Q 2023). Net income: NT$128.5m (up 156% from 2Q 2023). Profit margin: 5.5% (up from 2.6% 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 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$28.90. The fair value is estimated to be NT$38.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 32%.お知らせ • Aug 02TMP Steel Corporation to Report Q2, 2024 Results on Aug 09, 2024TMP Steel Corporation announced that they will report Q2, 2024 results on Aug 09, 2024お知らせ • May 25TMP Steel Corporation Announces Change of PresidentTMP Steel Corporation announced change of president. Name and resume of the previous position holder: Yun-Yhih Yang, President of the company. Name and resume of the new position holder: Pei-Ying Huang, Director of the company, Vice President of E-TOP METAL CO., LTD. and Supervisor of E-SHENG STEEL CO., LTD. CReason for the change: retirement. Effective date of the new appointment is June 1, 2024. The retirement date of former president Yun-Yhih Yang is May 31, 2024.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.83 in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (down from NT$0.83 in 1Q 2023). Revenue: NT$2.20b (up 1.1% from 1Q 2023). Net income: NT$48.4m (down 4.1% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. 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 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • May 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.7%).お知らせ • May 03TMP Steel Corporation to Report Q1, 2024 Results on May 10, 2024TMP Steel Corporation announced that they will report Q1, 2024 results on May 10, 2024Buy Or Sell Opportunity • Mar 28Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to NT$34.25. The fair value is estimated to be NT$27.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 32%.New Risk • Mar 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.27b market cap, or US$71.9m).お知らせ • Jan 25TMP Steel Corporation, Annual General Meeting, Apr 22, 2024TMP Steel Corporation, Annual General Meeting, Apr 22, 2024. Location: No. 3, Jingjian 11th Rd., Lukang Township, Changhua County 505029 , Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committees Review Report on the 2023 year-end report; to consider 2023 Report on the Distribution of Remuneration to Employees and Directors; to consider 2023 Report on cash dividends from earnings; to consider 2023 Report on the Remuneration of Directors; to consider Report on transaction execution status of significant related parties; and to consider other matters.Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Su-I Chou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 17TMP Steel Corporation Announces Board ChangesTMP Steel Corporation appointed KING-CHENG, KUO, Director of AMIGO TECHNOLOGY INC. and Director of AMIT WIRELESS INC., as director and resignation of YU-CHIA, HUANG as director, effective from January 16, 2024.お知らせ • Dec 29TMP Steel Corporation Announces Change of Financial Officer, Corporate Governance Officer, Effective December 31, 2023TMP Steel Corporation announced the change of financial officer, acting spokesperson and corporate governance officer. Name, title, and resume of the previous position holder: Huang, Yu-jia/Vice President of the company. Name, title, and resume of the new position holder: 1)Financial officer and acting spokesperson: Wang, Uei-Ling/Accounting manager of the company. Corporate governance officer: GXU, Jing-Yi/Accounting section chief. Type of change: resignation. Reason for the change: Group position adjustment. Effective date: December 31, 2023.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.53 (vs NT$0.97 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.53 (down from NT$0.97 in 3Q 2022). Revenue: NT$1.65b (down 15% from 3Q 2022). Net income: NT$36.0m (down 39% from 3Q 2022). Profit margin: 2.2% (down from 3.0% in 3Q 2022). The decrease in margin was driven by lower revenue. 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 2% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 09TMP Steel Corporation Announces Change of the Representative of the Company's Juristic-Person DirectorTMP Steel Corporation appointed Mu, Wen-Hsiung,Vice President at E-SHENG STEEL CO., LTD. as representative of the company's juristic-person director in place of Yeh, Chun-Liang, effective November 8, 2023.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.78 (vs NT$1.03 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.78. Revenue: NT$1.94b (up 31% from 2Q 2022). Net income: NT$50.1m (up 6.0% from 2Q 2022). Profit margin: 2.6% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses.Upcoming Dividend • May 31Upcoming dividend of NT$1.82 per share at 6.9% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.8%).お知らせ • May 06TMP Steel Corporation Announces Cash Dividend, Payable on June 29, 2023TMP Steel Corporation announced cash dividend of total amount TWD 123,116,108 (TWD 1.98306867 per share). Ex-rights (Ex-dividend) date is June 07, 2023; Ex-rights (Ex-dividend) record date is June 13, 2023; Payment date of cash dividend distribution is June 29, 2023.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$30.95, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 53% over the past three years.Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$3.32 (vs NT$1.62 in FY 2021)Full year 2022 results: EPS: NT$3.32 (up from NT$1.62 in FY 2021). Revenue: NT$6.63b (up 49% from FY 2021). Net income: NT$177.1m (up 205% from FY 2021). Profit margin: 2.7% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ti-miao Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: NT$0.97 (vs NT$0.30 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.97 (up from NT$0.30 in 3Q 2021). Revenue: NT$1.94b (up 119% from 3Q 2021). Net income: NT$58.6m (up 436% from 3Q 2021). Profit margin: 3.0% (up from 1.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.63 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.03 (up from NT$0.63 in 2Q 2021). Revenue: NT$1.48b (up 40% from 2Q 2021). Net income: NT$47.3m (up 145% from 2Q 2021). Profit margin: 3.2% (up from 1.8% 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 11% per year whereas the company’s share price has fallen by 8% per year.Upcoming Dividend • Jun 02Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (7.5%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.41 in 1Q 2021)First quarter 2022 results: EPS: NT$0.48 (up from NT$0.41 in 1Q 2021). Revenue: NT$1.56b (up 79% from 1Q 2021). Net income: NT$21.9m (up 73% from 1Q 2021). Profit margin: 1.4% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ti-miao Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$1.62 (vs NT$1.74 in FY 2020)Full year 2021 results: EPS: NT$1.62. Revenue: NT$4.44b (up 42% from FY 2020). Net income: NT$58.0m (up 8.6% from FY 2020). Profit margin: 1.3% (down from 1.7% in FY 2020). The decrease in margin was driven by higher expenses.お知らせ • Feb 12TMP Steel Corporation, Annual General Meeting, Apr 28, 2022TMP Steel Corporation, Annual General Meeting, Apr 28, 2022.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.042 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$885.5m (up 27% from 3Q 2020). Net income: NT$10.9m (up NT$9.67m from 3Q 2020). Profit margin: 1.2% (up from 0.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.63 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.06b (up 28% from 2Q 2020). Net income: NT$19.3m (up 28% from 2Q 2020). Profit margin: 1.8% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 20 August 2021. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.5%).Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 99% over the past three years.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.41 (vs NT$0.54 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$870.0m (up 16% from 1Q 2020). Net income: NT$12.7m (down 23% from 1Q 2020). Profit margin: 1.5% (down from 2.2% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 21TMP Steel (GTSM:6248) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$1.74 (vs NT$2.89 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$3.12b (up 3.4% from FY 2019). Net income: NT$53.5m (down 40% from FY 2019). Profit margin: 1.7% (down from 2.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 18TMP Steel Corporation, Annual General Meeting, Jun 03, 2021TMP Steel Corporation, Annual General Meeting, Jun 03, 2021.分析記事 • Mar 10Read This Before Buying TMP Steel Corporation (GTSM:6248) For Its DividendToday we'll take a closer look at TMP Steel Corporation ( GTSM:6248 ) from a dividend investor's perspective. Owning a...分析記事 • Feb 17Our Take On The Returns On Capital At TMP Steel (GTSM:6248)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...分析記事 • Jan 21We Think TMP Steel (GTSM:6248) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 06Are TMP Steel's (GTSM:6248) Statutory Earnings A Good Reflection Of Its Earnings Potential?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...Is New 90 Day High Low • Jan 06New 90-day high: NT$28.00The company is up 14% from its price of NT$24.60 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period.分析記事 • Dec 22Boasting A 17% Return On Equity, Is TMP Steel Corporation (GTSM:6248) A Top Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Is New 90 Day High Low • Dec 10New 90-day high: NT$26.30The company is up 5.0% from its price of NT$25.00 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period.分析記事 • Dec 04Should You Buy TMP Steel Corporation (GTSM:6248) For Its Dividend?Dividend paying stocks like TMP Steel Corporation ( GTSM:6248 ) tend to be popular with investors, and for good reason...分析記事 • Nov 19Our Take On The Returns On Capital At TMP Steel (GTSM:6248)There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.04The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$699.3m (up 8.6% from 3Q 2019). Net income: NT$1.28m (down 87% from 3Q 2019). Profit margin: 0.2% (down from 1.5% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Oct 23New 90-day low: NT$24.40The company is down 10.0% from its price of NT$27.25 on 24 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$24.85The company is down 8.0% from its price of NT$27.10 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、TMP Steel は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6248 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20257,67815234251N/A9/30/20258,070124-600-313N/A6/30/20258,801133-946-598N/A3/31/20259,053229-996-628N/A12/31/20249,313231-788-376N/A9/30/20249,109338-348-23N/A6/30/20248,263339-13855N/A3/31/20247,8502610163N/A12/31/20237,826263-198-146N/A9/30/20237,42018656111N/A6/30/20237,712209-94-18N/A3/31/20237,250206-146-82N/A12/31/20226,630177276338N/A9/30/20226,605143-352-285N/A6/30/20225,54995-174-91N/A3/31/20225,12467-202-112N/A12/31/20214,43858-296-189N/A9/30/20213,65163-69100N/A6/30/20213,46554-12318N/A3/31/20213,23750-13717N/A12/31/20203,11553-20539N/A9/30/20203,11463-61106N/A6/30/20203,05971-193-38N/A3/31/20203,04874-170-39N/A12/31/20193,01289-144-122N/A9/30/20192,96273N/A-80N/A6/30/20192,95062N/A29N/A3/31/20192,68537N/A-96N/A12/31/20182,4330N/A-103N/A9/30/20182,109-7N/A-20N/A6/30/20181,9061N/A-101N/A3/31/20181,76111N/A125N/A12/31/20171,66026N/A33N/A9/30/20171,71022N/A-5N/A6/30/20171,7148N/A-25N/A3/31/20171,74924N/A-47N/A12/31/20161,75028N/A68N/A9/30/20161,65647N/A24N/A6/30/20161,53071N/A65N/A3/31/20161,43062N/A-35N/A12/31/20151,33652N/A-53N/A9/30/20151,37843N/A-44N/A6/30/20151,38424N/A-62N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6248の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6248の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6248の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6248の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6248の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6248の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/09 08:22終値2026/05/08 00:00収益2025/12/31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TMP Steel Corporation 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
お知らせ • Mar 09TMP Steel Corporation, Annual General Meeting, May 25, 2026TMP Steel Corporation, Annual General Meeting, May 25, 2026, at 10:00 Taipei Standard Time. Location: no,3, ching chien rd., lugang township, changhua county Taiwan
Reported Earnings • Mar 09Full year 2025 earnings released: EPS: NT$1.53 (vs NT$3.07 in FY 2024)Full year 2025 results: EPS: NT$1.53 (down from NT$3.07 in FY 2024). Revenue: NT$7.68b (down 18% from FY 2024). Net income: NT$152.5m (down 34% from FY 2024). Profit margin: 2.0% (down from 2.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 09Third quarter 2025 earnings released: EPS: NT$0.26 (vs NT$0.49 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.26 (down from NT$0.49 in 3Q 2024). Revenue: NT$1.77b (down 29% from 3Q 2024). Net income: NT$26.0m (down 25% from 3Q 2024). Profit margin: 1.5% (up from 1.4% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 19Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 26 August 2025. Payment date: 25 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.5%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.32 (vs NT$1.84 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.32 (down from NT$1.84 in 2Q 2024). Revenue: NT$2.10b (down 11% from 2Q 2024). Net income: NT$32.1m (down 75% from 2Q 2024). Profit margin: 1.5% (down from 5.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.47 (down from NT$0.70 in 1Q 2024). Revenue: NT$1.94b (down 12% from 1Q 2024). Net income: NT$46.6m (down 3.7% from 1Q 2024). Profit margin: 2.4% (up from 2.2% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.1% to NT$25.65. The fair value is estimated to be NT$32.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%.
お知らせ • May 01TMP Steel Corporation to Report Q1, 2025 Results on May 09, 2025TMP Steel Corporation announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$22.10, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 17x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 26% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.4% to NT$24.50. The fair value is estimated to be NT$33.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 26%.
Reported Earnings • Mar 09Full year 2024 earnings released: EPS: NT$3.07 (vs NT$4.02 in FY 2023)Full year 2024 results: EPS: NT$3.07 (down from NT$4.02 in FY 2023). Revenue: NT$9.31b (up 19% from FY 2023). Net income: NT$230.8m (down 12% from FY 2023). Profit margin: 2.5% (down from 3.4% in FY 2023). The decrease in margin was driven by higher 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 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 25TMP Steel Corporation, Annual General Meeting, May 26, 2025TMP Steel Corporation, Annual General Meeting, May 26, 2025, at 10:00 Taipei Standard Time. Location: no,3, ching chien rd., lugang township, changhua county Taiwan
お知らせ • Feb 14TMP Steel Corporation to Report Fiscal Year 2024 Results on Feb 21, 2025TMP Steel Corporation announced that they will report fiscal year 2024 results on Feb 21, 2025
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 46% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Shareholders have been substantially diluted in the past year (46% increase in shares outstanding). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NT$2.68b market cap, or US$81.3m).
Buy Or Sell Opportunity • Jan 13Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to NT$26.25. The fair value is estimated to be NT$33.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 33%.
お知らせ • Jan 09TMP Steel Corporation Announces Demise of Shih-Chieh Chao, Institutional DirectorTMP Steel Corporation announced Demise of Shih-Chieh Chao, Institutional Director. Resume of the previous position holder: Director of TMP Steel Corporation, Director of Gloria material technology corp. The company received this information on January 8, 2025.
New Risk • Nov 27New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (38% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (46% increase in shares outstanding). Market cap is less than US$100m (NT$2.82b market cap, or US$86.7m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.49 (vs NT$0.53 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.49 (down from NT$0.53 in 3Q 2023). Revenue: NT$2.50b (up 51% from 3Q 2023). Net income: NT$34.6m (down 3.8% from 3Q 2023). Profit margin: 1.4% (down from 2.2% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 01TMP Steel Corporation to Report Q3, 2024 Results on Nov 08, 2024TMP Steel Corporation announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.84 (vs NT$0.78 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.84 (up from NT$0.78 in 2Q 2023). Revenue: NT$2.36b (up 21% from 2Q 2023). Net income: NT$128.5m (up 156% from 2Q 2023). Profit margin: 5.5% (up from 2.6% 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 34% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 05Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$28.90. The fair value is estimated to be NT$38.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 32%.
お知らせ • Aug 02TMP Steel Corporation to Report Q2, 2024 Results on Aug 09, 2024TMP Steel Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
お知らせ • May 25TMP Steel Corporation Announces Change of PresidentTMP Steel Corporation announced change of president. Name and resume of the previous position holder: Yun-Yhih Yang, President of the company. Name and resume of the new position holder: Pei-Ying Huang, Director of the company, Vice President of E-TOP METAL CO., LTD. and Supervisor of E-SHENG STEEL CO., LTD. CReason for the change: retirement. Effective date of the new appointment is June 1, 2024. The retirement date of former president Yun-Yhih Yang is May 31, 2024.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.83 in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (down from NT$0.83 in 1Q 2023). Revenue: NT$2.20b (up 1.1% from 1Q 2023). Net income: NT$48.4m (down 4.1% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. 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 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • May 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 May 2024. Payment date: 17 June 2024. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.7%).
お知らせ • May 03TMP Steel Corporation to Report Q1, 2024 Results on May 10, 2024TMP Steel Corporation announced that they will report Q1, 2024 results on May 10, 2024
Buy Or Sell Opportunity • Mar 28Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to NT$34.25. The fair value is estimated to be NT$27.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Earnings per share has grown by 32%.
New Risk • Mar 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 36% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.27b market cap, or US$71.9m).
お知らせ • Jan 25TMP Steel Corporation, Annual General Meeting, Apr 22, 2024TMP Steel Corporation, Annual General Meeting, Apr 22, 2024. Location: No. 3, Jingjian 11th Rd., Lukang Township, Changhua County 505029 , Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committees Review Report on the 2023 year-end report; to consider 2023 Report on the Distribution of Remuneration to Employees and Directors; to consider 2023 Report on cash dividends from earnings; to consider 2023 Report on the Remuneration of Directors; to consider Report on transaction execution status of significant related parties; and to consider other matters.
Board Change • Jan 23Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Su-I Chou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 17TMP Steel Corporation Announces Board ChangesTMP Steel Corporation appointed KING-CHENG, KUO, Director of AMIGO TECHNOLOGY INC. and Director of AMIT WIRELESS INC., as director and resignation of YU-CHIA, HUANG as director, effective from January 16, 2024.
お知らせ • Dec 29TMP Steel Corporation Announces Change of Financial Officer, Corporate Governance Officer, Effective December 31, 2023TMP Steel Corporation announced the change of financial officer, acting spokesperson and corporate governance officer. Name, title, and resume of the previous position holder: Huang, Yu-jia/Vice President of the company. Name, title, and resume of the new position holder: 1)Financial officer and acting spokesperson: Wang, Uei-Ling/Accounting manager of the company. Corporate governance officer: GXU, Jing-Yi/Accounting section chief. Type of change: resignation. Reason for the change: Group position adjustment. Effective date: December 31, 2023.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.53 (vs NT$0.97 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.53 (down from NT$0.97 in 3Q 2022). Revenue: NT$1.65b (down 15% from 3Q 2022). Net income: NT$36.0m (down 39% from 3Q 2022). Profit margin: 2.2% (down from 3.0% in 3Q 2022). The decrease in margin was driven by lower revenue. 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 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 09TMP Steel Corporation Announces Change of the Representative of the Company's Juristic-Person DirectorTMP Steel Corporation appointed Mu, Wen-Hsiung,Vice President at E-SHENG STEEL CO., LTD. as representative of the company's juristic-person director in place of Yeh, Chun-Liang, effective November 8, 2023.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.78 (vs NT$1.03 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.78. Revenue: NT$1.94b (up 31% from 2Q 2022). Net income: NT$50.1m (up 6.0% from 2Q 2022). Profit margin: 2.6% (down from 3.2% in 2Q 2022). The decrease in margin was driven by higher expenses.
Upcoming Dividend • May 31Upcoming dividend of NT$1.82 per share at 6.9% yieldEligible shareholders must have bought the stock before 07 June 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.8%).
お知らせ • May 06TMP Steel Corporation Announces Cash Dividend, Payable on June 29, 2023TMP Steel Corporation announced cash dividend of total amount TWD 123,116,108 (TWD 1.98306867 per share). Ex-rights (Ex-dividend) date is June 07, 2023; Ex-rights (Ex-dividend) record date is June 13, 2023; Payment date of cash dividend distribution is June 29, 2023.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$30.95, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 53% over the past three years.
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$3.32 (vs NT$1.62 in FY 2021)Full year 2022 results: EPS: NT$3.32 (up from NT$1.62 in FY 2021). Revenue: NT$6.63b (up 49% from FY 2021). Net income: NT$177.1m (up 205% from FY 2021). Profit margin: 2.7% (up from 1.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ti-miao Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 30Third quarter 2022 earnings released: EPS: NT$0.97 (vs NT$0.30 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.97 (up from NT$0.30 in 3Q 2021). Revenue: NT$1.94b (up 119% from 3Q 2021). Net income: NT$58.6m (up 436% from 3Q 2021). Profit margin: 3.0% (up from 1.2% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 10% per year.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.63 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.03 (up from NT$0.63 in 2Q 2021). Revenue: NT$1.48b (up 40% from 2Q 2021). Net income: NT$47.3m (up 145% from 2Q 2021). Profit margin: 3.2% (up from 1.8% 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 11% per year whereas the company’s share price has fallen by 8% per year.
Upcoming Dividend • Jun 02Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 30 June 2022. Payout ratio is a comfortable 71% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (7.5%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.41 in 1Q 2021)First quarter 2022 results: EPS: NT$0.48 (up from NT$0.41 in 1Q 2021). Revenue: NT$1.56b (up 79% from 1Q 2021). Net income: NT$21.9m (up 73% from 1Q 2021). Profit margin: 1.4% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ti-miao Wu was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$1.62 (vs NT$1.74 in FY 2020)Full year 2021 results: EPS: NT$1.62. Revenue: NT$4.44b (up 42% from FY 2020). Net income: NT$58.0m (up 8.6% from FY 2020). Profit margin: 1.3% (down from 1.7% in FY 2020). The decrease in margin was driven by higher expenses.
お知らせ • Feb 12TMP Steel Corporation, Annual General Meeting, Apr 28, 2022TMP Steel Corporation, Annual General Meeting, Apr 28, 2022.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.042 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$885.5m (up 27% from 3Q 2020). Net income: NT$10.9m (up NT$9.67m from 3Q 2020). Profit margin: 1.2% (up from 0.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.63 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.06b (up 28% from 2Q 2020). Net income: NT$19.3m (up 28% from 2Q 2020). Profit margin: 1.8% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 20 August 2021. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.5%).
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$29.05, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.41 (vs NT$0.54 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$870.0m (up 16% from 1Q 2020). Net income: NT$12.7m (down 23% from 1Q 2020). Profit margin: 1.5% (down from 2.2% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 21TMP Steel (GTSM:6248) Takes On Some Risk With Its Use Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$1.74 (vs NT$2.89 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$3.12b (up 3.4% from FY 2019). Net income: NT$53.5m (down 40% from FY 2019). Profit margin: 1.7% (down from 2.9% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 18TMP Steel Corporation, Annual General Meeting, Jun 03, 2021TMP Steel Corporation, Annual General Meeting, Jun 03, 2021.
分析記事 • Mar 10Read This Before Buying TMP Steel Corporation (GTSM:6248) For Its DividendToday we'll take a closer look at TMP Steel Corporation ( GTSM:6248 ) from a dividend investor's perspective. Owning a...
分析記事 • Feb 17Our Take On The Returns On Capital At TMP Steel (GTSM:6248)There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
分析記事 • Jan 21We Think TMP Steel (GTSM:6248) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 06Are TMP Steel's (GTSM:6248) Statutory Earnings A Good Reflection Of Its Earnings Potential?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. Having...
Is New 90 Day High Low • Jan 06New 90-day high: NT$28.00The company is up 14% from its price of NT$24.60 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 27% over the same period.
分析記事 • Dec 22Boasting A 17% Return On Equity, Is TMP Steel Corporation (GTSM:6248) A Top Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Is New 90 Day High Low • Dec 10New 90-day high: NT$26.30The company is up 5.0% from its price of NT$25.00 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period.
分析記事 • Dec 04Should You Buy TMP Steel Corporation (GTSM:6248) For Its Dividend?Dividend paying stocks like TMP Steel Corporation ( GTSM:6248 ) tend to be popular with investors, and for good reason...
分析記事 • Nov 19Our Take On The Returns On Capital At TMP Steel (GTSM:6248)There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.04The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$699.3m (up 8.6% from 3Q 2019). Net income: NT$1.28m (down 87% from 3Q 2019). Profit margin: 0.2% (down from 1.5% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Oct 23New 90-day low: NT$24.40The company is down 10.0% from its price of NT$27.25 on 24 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$24.85The company is down 8.0% from its price of NT$27.10 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 5.0% over the same period.