View ValuationUniversal Cement 将来の成長Future 基準チェック /06現在、 Universal Cement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Basic Materials 収益成長17.2%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Major Estimate Revision • Sep 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$7.28b to NT$7.04b. EPS estimate rose from NT$2.54 to NT$2.98. Net income forecast to grow 37% next year vs 21% growth forecast for Basic Materials industry in Taiwan. Consensus price target down from NT$28.00 to NT$26.50. Share price fell 4.4% to NT$20.65 over the past week.Major Estimate Revision • Jun 07Consensus revenue estimates increase by 10%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from NT$6.61b to NT$7.28b. EPS estimate increased from NT$1.82 to NT$2.54 per share. Net income forecast to grow 22% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$24.00 to NT$28.00. Share price was steady at NT$22.05 over the past week.Price Target Changed • May 23Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.35. Stock is up 27% over the past year.Price Target Changed • May 14Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.40. Stock is up 29% over the past year.Price Target Changed • Nov 17Price target raised to NT$25.50Up from NT$22.50, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$23.00. As of last close, the stock is up 23% over the past year.すべての更新を表示Recent updatesBuy Or Sell Opportunity • Apr 29Now 20% overvaluedOver the last 90 days, the stock has fallen 4.2% to NT$28.80. The fair value is estimated to be NT$23.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 7.9%.Reported Earnings • Mar 19Full year 2025 earnings releasedFull year 2025 results: Revenue: NT$7.92b (flat on FY 2024). Net income: NT$1.76b (up 19% from FY 2024). Profit margin: 22% (up from 19% in FY 2024).お知らせ • Mar 11Universal Cement Corporation, Annual General Meeting, May 26, 2026Universal Cement Corporation, Annual General Meeting, May 26, 2026, at 10:00 Taipei Standard Time. Location: no,18, hai shan st. hai hu li, lujhu district, taoyuan city TaiwanBuy Or Sell Opportunity • Mar 11Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$29.60. The fair value is estimated to be NT$24.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has declined by 7.6%.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.82 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.82 (up from NT$0.69 in 3Q 2024). Revenue: NT$1.89b (flat on 3Q 2024). Net income: NT$561.5m (up 18% from 3Q 2024). Profit margin: 30% (up from 25% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.57 (vs NT$0.56 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.57 (up from NT$0.56 in 2Q 2024). Revenue: NT$1.97b (down 5.9% from 2Q 2024). Net income: NT$390.2m (up 1.9% from 2Q 2024). Profit margin: 20% (up from 18% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 18Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 25 July 2025. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.6%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.36 in 1Q 2024). Revenue: NT$1.93b (up 1.1% from 1Q 2024). Net income: NT$285.1m (up 15% from 1Q 2024). Profit margin: 15% (up from 13% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • May 13Universal Cement Corporation to Report Q4, 2025 Results on May 14, 2025Universal Cement Corporation announced that they will report Q4, 2025 results on May 14, 2025Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$2.16 (vs NT$3.07 in FY 2023)Full year 2024 results: EPS: NT$2.16 (down from NT$3.07 in FY 2023). Revenue: NT$7.95b (up 1.9% from FY 2023). Net income: NT$1.48b (down 30% from FY 2023). Profit margin: 19% (down from 27% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12Universal Cement Corporation, Annual General Meeting, May 26, 2025Universal Cement Corporation, Annual General Meeting, May 26, 2025, at 10:00 Taipei Standard Time. Location: no,160, sec.3 jen ai rd., taipei city Taiwan分析記事 • Nov 18Universal Cement's (TWSE:1104) Soft Earnings Are Actually Better Than They AppearThe market for Universal Cement Corporation's ( TWSE:1104 ) shares didn't move much after it posted weak earnings...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$1.39 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$1.39 in 3Q 2023). Revenue: NT$1.87b (flat on 3Q 2023). Net income: NT$474.5m (down 50% from 3Q 2023). Profit margin: 25% (down from 51% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.56 (down from NT$0.61 in 2Q 2023). Revenue: NT$2.09b (up 9.0% from 2Q 2023). Net income: NT$383.0m (down 8.4% from 2Q 2023). Profit margin: 18% (down from 22% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 06Universal Cement Corporation to Report Q2, 2024 Results on Aug 08, 2024Universal Cement Corporation announced that they will report Q2, 2024 results on Aug 08, 2024分析記事 • Aug 06Universal Cement (TWSE:1104) Is Experiencing Growth In Returns On CapitalFinding 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 • Jul 12Universal Cement (TWSE:1104) Is Increasing Its Dividend To NT$1.80Universal Cement Corporation's ( TWSE:1104 ) dividend will be increasing from last year's payment of the same period to...Upcoming Dividend • Jul 12Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 21 August 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).分析記事 • Jun 28Universal Cement (TWSE:1104) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Universal Cement Corporation ( TWSE:1104 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jun 28Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 16th July 2024 Payment date: 21st August 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.37 (down from NT$0.41 in 1Q 2023). Revenue: NT$1.91b (up 4.0% from 1Q 2023). Net income: NT$248.1m (down 9.1% from 1Q 2023). Profit margin: 13% (down from 15% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • May 02Universal Cement Corporation to Report Q1, 2024 Results on May 10, 2024Universal Cement Corporation announced that they will report Q1, 2024 results on May 10, 2024分析記事 • Mar 22Universal Cement's (TWSE:1104) Shareholders May Want To Dig Deeper Than Statutory ProfitUniversal Cement Corporation's ( TWSE:1104 ) healthy profit numbers didn't contain any surprises for investors. We...New Risk • Mar 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$3.13 (vs NT$3.03 in FY 2022)Full year 2023 results: EPS: NT$3.13 (up from NT$3.03 in FY 2022). Revenue: NT$7.80b (up 11% from FY 2022). Net income: NT$2.11b (up 3.3% from FY 2022). Profit margin: 27% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 16Universal Cement Corporation, Annual General Meeting, Jun 21, 2024Universal Cement Corporation, Annual General Meeting, Jun 21, 2024. Location: The Howard Plaza Hotel Taipei No. 160, Sec. 3, Ren'ai Rd., Daan Dist., Taipei City Taipei City Taiwan Agenda: To approved 2023 Business Report of the Company; to review of 2023 financial statement of Audit Committee of the Company; to report of the remuneration of employees and directors for 2023; to report of the total amount for endorsement and guarantee made for others for 2023; and to report of loans to others for 2023.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$1.42 (vs NT$0.85 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.42 (up from NT$0.85 in 3Q 2022). Revenue: NT$1.87b (up 5.0% from 3Q 2022). Net income: NT$956.3m (up 68% from 3Q 2022). Profit margin: 51% (up from 32% in 3Q 2022). 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.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.62 (vs NT$0.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.62 (up from NT$0.49 in 2Q 2022). Revenue: NT$1.92b (up 9.8% from 2Q 2022). Net income: NT$418.0m (up 26% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year.Upcoming Dividend • Jul 14Upcoming dividend of NT$1.50 per share at 4.9% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 28% and the cash payout ratio is 80%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).お知らせ • Jul 06Universal Cement Corporation Announces Cash Dividend, Payable on August 28, 2023Universal Cement Corporation announced cash dividend of TWD 1.5 per share. Ex-rights (ex-dividend) trading date is July 21, 2023; Ex-rights (ex-dividend) record date is July 29, 2023; Payment date of cash dividend distribution is August 28, 2023.お知らせ • Jun 30+ 2 more updatesUniversal Cement Corporation Appoints Hou. Chih-Yuan as Chief Operation Officer, Effective July 1, 2023Universal Cement Corporation announced the appointment of Mr. HOU. Chih-Yuan, Director of the company as Chief Operation Officer of the company. Effective date is July 1, 2023.Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: NT$3.12 (up from NT$1.67 in FY 2021). Revenue: NT$7.06b (up 16% from FY 2021). Net income: NT$2.04b (up 88% from FY 2021). Profit margin: 29% (up from 18% in FY 2021). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.87 (vs NT$0.30 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.87 (up from NT$0.30 in 3Q 2021). Revenue: NT$1.78b (up 23% from 3Q 2021). Net income: NT$570.1m (up 194% from 3Q 2021). Profit margin: 32% (up from 13% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Felix Ho 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.お知らせ • Nov 10Universal Cement Corporation Appoints Pei-Te Chang as Chief Information Security OfficerUniversal Cement Corporation appointed Pei-Te Chang, Assistant Vice President of President's Office, as Chief Information Security Officer, effective from November 9, 2022.Major Estimate Revision • Sep 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$7.28b to NT$7.04b. EPS estimate rose from NT$2.54 to NT$2.98. Net income forecast to grow 37% next year vs 21% growth forecast for Basic Materials industry in Taiwan. Consensus price target down from NT$28.00 to NT$26.50. Share price fell 4.4% to NT$20.65 over the past week.Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$0.51 (up from NT$0.46 in 2Q 2021). Revenue: NT$1.75b (up 19% from 2Q 2021). Net income: NT$331.1m (up 9.4% from 2Q 2021). Profit margin: 19% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 19%, compared to a 11% growth forecast for the Basic Materials industry in Taiwan. 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 4% per year.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).Major Estimate Revision • Jun 07Consensus revenue estimates increase by 10%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from NT$6.61b to NT$7.28b. EPS estimate increased from NT$1.82 to NT$2.54 per share. Net income forecast to grow 22% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$24.00 to NT$28.00. Share price was steady at NT$22.05 over the past week.Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$0.82 (up from NT$0.35 in 1Q 2021). Revenue: NT$1.53b (up 6.4% from 1Q 2021). Net income: NT$534.8m (up 133% from 1Q 2021). Profit margin: 35% (up from 16% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 165%. Over the next year, revenue is forecast to grow 9.1%, compared to a 12% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% 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 Felix Ho 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 • Apr 01Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$1.66 (down from NT$1.91 in FY 2020). Revenue: NT$6.08b (up 12% from FY 2020). Net income: NT$1.09b (down 13% from FY 2020). Profit margin: 18% (down from 23% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 8.7%, compared to a 12% growth forecast for the industry in Taiwan. 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 • Mar 29Universal Cement Corporation, Annual General Meeting, Jun 14, 2022Universal Cement Corporation, Annual General Meeting, Jun 14, 2022. Location: Hi-Fu Gypsum Board Plant UCC, No.18, Hai-shan-zhong St., Hai-Fu Borough, Lu-Zhu Dist. Tao-Yuan City Taiwan Agenda: To consider 2021 Business Report of the Company; to consider Review of 2021 financial statement of Audit Committee of the Company; to consider Report of the remuneration of employees and directors for 2021; to consider Report of the total amount for endorsement and guarantee made for others for 2021; to consider Report of loans to others for 2021; to consider Acknowledgement of 2021 Business Report, Financial Statements and Consolidated Financial Statements of the Company; to consider Acknowledgement of the distribution of profit for 2021; and to consider other matters.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.60 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$1.45b (up 12% from 3Q 2020). Net income: NT$194.0m (down 51% from 3Q 2020). Profit margin: 13% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.66 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.46b (up 9.5% from 2Q 2020). Net income: NT$302.5m (down 30% from 2Q 2020). Profit margin: 21% (down from 32% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 09Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 08 September 2021. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (6.7%).Price Target Changed • May 23Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.35. Stock is up 27% over the past year.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.071 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.44b (up 15% from 1Q 2020). Net income: NT$229.5m (up 397% from 1Q 2020). Profit margin: 16% (up from 3.7% in 1Q 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 1% per year.Price Target Changed • May 14Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.40. Stock is up 29% over the past year.分析記事 • Apr 22Universal Cement (TPE:1104) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Apr 07Universal Cement (TPE:1104) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereUniversal Cement Corporation's ( TPE:1104 ) recent earnings report didn't offer any surprises, with the shares...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.91 (vs NT$1.74 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$5.43b (up 8.4% from FY 2019). Net income: NT$1.25b (up 9.8% from FY 2019). Profit margin: 23% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat.分析記事 • Mar 24Three Things You Should Check Before Buying Universal Cement Corporation (TPE:1104) For Its DividendCould Universal Cement Corporation ( TPE:1104 ) be an attractive dividend share to own for the long haul? Investors are...分析記事 • Mar 06Calculating The Intrinsic Value Of Universal Cement Corporation (TPE:1104)Does the March share price for Universal Cement Corporation ( TPE:1104 ) reflect what it's really worth? Today, we will...分析記事 • Feb 16We Like These Underlying Trends At Universal Cement (TPE:1104)To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...分析記事 • Jan 26The Universal Cement (TPE:1104) Share Price Has Gained 11% And Shareholders Are Hoping For MoreOn average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy...分析記事 • Jan 05These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt SafelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Dec 21How Does Universal Cement Corporation (TPE:1104) Fare As A Dividend Stock?Today we'll take a closer look at Universal Cement Corporation ( TPE:1104 ) from a dividend investor's perspective...分析記事 • Dec 01Universal Cement Corporation's (TPE:1104) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Universal Cement's (TPE:1104) stock is up by a considerable 16% over the past month. We, however wanted to have a...Price Target Changed • Nov 17Price target raised to NT$25.50Up from NT$22.50, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$23.00. As of last close, the stock is up 23% over the past year.Analyst Estimate Surprise Post Earnings • Nov 15Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 11%, compared to a 5.5% growth forecast for the Basic Materials industry in Taiwan.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.60The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.29b (up 11% from 3Q 2019). Net income: NT$392.1m (up 62% from 3Q 2019). Profit margin: 30% (up from 21% in 3Q 2019). The increase in margin was primarily 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 3% per year.Is New 90 Day High Low • Nov 12New 90-day high: NT$21.25The company is up 16% from its price of NT$18.25 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 6.0% over the same period.Is New 90 Day High Low • Oct 12New 90-day high: NT$20.95The company is up 14% from its price of NT$18.30 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 4.0% 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、Universal Cement は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TWSE:1104 - 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12/31/20257,9201,7561,1201,295N/A9/30/20257,8631,6141,2701,423N/A6/30/20257,8511,5261,5651,696N/A3/31/20257,9741,5191,6711,811N/A12/31/20247,9541,4821,7281,910N/A9/30/20248,0481,5661,5491,763N/A6/30/20248,0482,0481,3591,587N/A3/31/20247,8752,0831,4891,704N/A12/31/20237,8022,1081,3511,549N/A9/30/20237,6202,2531,3971,775N/A6/30/20237,5301,7099851,354N/A3/31/20237,3591,6228181,172N/A12/31/20227,0562,0416871,013N/A9/30/20226,7851,798695802N/A6/30/20226,4551,5791,1001,196N/A3/31/20226,1711,5511,0421,214N/A12/31/20216,0791,0881,1781,382N/A9/30/20215,8981,1011,1061,322N/A6/30/20215,7401,3009271,170N/A3/31/20215,6131,4319921,179N/A12/31/20205,4261,2478431,014N/A9/30/20205,3411,3088981,079N/A6/30/20205,2161,1588821,074N/A3/31/20205,0721,027523738N/A12/31/20195,0061,135505750N/A9/30/20194,896997N/A613N/A6/30/20194,8481,101N/A469N/A3/31/20194,8021,209N/A590N/A12/31/20184,7811,057N/A602N/A9/30/20184,5541,147N/A475N/A6/30/20184,5601,147N/A542N/A3/31/20184,4711,131N/A627N/A12/31/20174,4051,412N/A646N/A9/30/20174,5471,512N/A786N/A6/30/20174,4561,522N/A864N/A3/31/20174,6171,640N/A891N/A12/31/20164,6221,702N/A741N/A9/30/20164,7561,690N/A781N/A6/30/20164,9311,634N/A685N/A3/31/20164,9421,475N/A593N/A12/31/20155,1641,393N/A848N/A9/30/20155,3481,263N/A816N/A6/30/20155,5431,321N/A701N/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: 1104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: 1104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: 1104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: 1104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: 1104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: 1104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 22:05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Universal Cement 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。2 アナリスト機関YuTang LinSinoPac Securities Investment ServiceKan-Chi LeeYuanta Research
Major Estimate Revision • Sep 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$7.28b to NT$7.04b. EPS estimate rose from NT$2.54 to NT$2.98. Net income forecast to grow 37% next year vs 21% growth forecast for Basic Materials industry in Taiwan. Consensus price target down from NT$28.00 to NT$26.50. Share price fell 4.4% to NT$20.65 over the past week.
Major Estimate Revision • Jun 07Consensus revenue estimates increase by 10%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from NT$6.61b to NT$7.28b. EPS estimate increased from NT$1.82 to NT$2.54 per share. Net income forecast to grow 22% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$24.00 to NT$28.00. Share price was steady at NT$22.05 over the past week.
Price Target Changed • May 23Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.35. Stock is up 27% over the past year.
Price Target Changed • May 14Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.40. Stock is up 29% over the past year.
Price Target Changed • Nov 17Price target raised to NT$25.50Up from NT$22.50, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$23.00. As of last close, the stock is up 23% over the past year.
Buy Or Sell Opportunity • Apr 29Now 20% overvaluedOver the last 90 days, the stock has fallen 4.2% to NT$28.80. The fair value is estimated to be NT$23.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 7.9%.
Reported Earnings • Mar 19Full year 2025 earnings releasedFull year 2025 results: Revenue: NT$7.92b (flat on FY 2024). Net income: NT$1.76b (up 19% from FY 2024). Profit margin: 22% (up from 19% in FY 2024).
お知らせ • Mar 11Universal Cement Corporation, Annual General Meeting, May 26, 2026Universal Cement Corporation, Annual General Meeting, May 26, 2026, at 10:00 Taipei Standard Time. Location: no,18, hai shan st. hai hu li, lujhu district, taoyuan city Taiwan
Buy Or Sell Opportunity • Mar 11Now 21% overvaluedOver the last 90 days, the stock has fallen 2.6% to NT$29.60. The fair value is estimated to be NT$24.45, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 4.4% over the last 3 years. Earnings per share has declined by 7.6%.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$0.82 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.82 (up from NT$0.69 in 3Q 2024). Revenue: NT$1.89b (flat on 3Q 2024). Net income: NT$561.5m (up 18% from 3Q 2024). Profit margin: 30% (up from 25% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.57 (vs NT$0.56 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.57 (up from NT$0.56 in 2Q 2024). Revenue: NT$1.97b (down 5.9% from 2Q 2024). Net income: NT$390.2m (up 1.9% from 2Q 2024). Profit margin: 20% (up from 18% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 18Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 25 July 2025. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.6%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.42 (up from NT$0.36 in 1Q 2024). Revenue: NT$1.93b (up 1.1% from 1Q 2024). Net income: NT$285.1m (up 15% from 1Q 2024). Profit margin: 15% (up from 13% in 1Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • May 13Universal Cement Corporation to Report Q4, 2025 Results on May 14, 2025Universal Cement Corporation announced that they will report Q4, 2025 results on May 14, 2025
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$2.16 (vs NT$3.07 in FY 2023)Full year 2024 results: EPS: NT$2.16 (down from NT$3.07 in FY 2023). Revenue: NT$7.95b (up 1.9% from FY 2023). Net income: NT$1.48b (down 30% from FY 2023). Profit margin: 19% (down from 27% 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 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12Universal Cement Corporation, Annual General Meeting, May 26, 2025Universal Cement Corporation, Annual General Meeting, May 26, 2025, at 10:00 Taipei Standard Time. Location: no,160, sec.3 jen ai rd., taipei city Taiwan
分析記事 • Nov 18Universal Cement's (TWSE:1104) Soft Earnings Are Actually Better Than They AppearThe market for Universal Cement Corporation's ( TWSE:1104 ) shares didn't move much after it posted weak earnings...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$1.39 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$1.39 in 3Q 2023). Revenue: NT$1.87b (flat on 3Q 2023). Net income: NT$474.5m (down 50% from 3Q 2023). Profit margin: 25% (down from 51% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 13% per year.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.56 (down from NT$0.61 in 2Q 2023). Revenue: NT$2.09b (up 9.0% from 2Q 2023). Net income: NT$383.0m (down 8.4% from 2Q 2023). Profit margin: 18% (down from 22% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 06Universal Cement Corporation to Report Q2, 2024 Results on Aug 08, 2024Universal Cement Corporation announced that they will report Q2, 2024 results on Aug 08, 2024
分析記事 • Aug 06Universal Cement (TWSE:1104) Is Experiencing Growth In Returns On CapitalFinding 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 • Jul 12Universal Cement (TWSE:1104) Is Increasing Its Dividend To NT$1.80Universal Cement Corporation's ( TWSE:1104 ) dividend will be increasing from last year's payment of the same period to...
Upcoming Dividend • Jul 12Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 16 July 2024. Payment date: 21 August 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).
分析記事 • Jun 28Universal Cement (TWSE:1104) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Universal Cement Corporation ( TWSE:1104 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jun 28Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 16th July 2024 Payment date: 21st August 2024 Dividend yield will be 5.1%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 11% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$0.37 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.37 (down from NT$0.41 in 1Q 2023). Revenue: NT$1.91b (up 4.0% from 1Q 2023). Net income: NT$248.1m (down 9.1% from 1Q 2023). Profit margin: 13% (down from 15% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • May 02Universal Cement Corporation to Report Q1, 2024 Results on May 10, 2024Universal Cement Corporation announced that they will report Q1, 2024 results on May 10, 2024
分析記事 • Mar 22Universal Cement's (TWSE:1104) Shareholders May Want To Dig Deeper Than Statutory ProfitUniversal Cement Corporation's ( TWSE:1104 ) healthy profit numbers didn't contain any surprises for investors. We...
New Risk • Mar 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$3.13 (vs NT$3.03 in FY 2022)Full year 2023 results: EPS: NT$3.13 (up from NT$3.03 in FY 2022). Revenue: NT$7.80b (up 11% from FY 2022). Net income: NT$2.11b (up 3.3% from FY 2022). Profit margin: 27% (down from 29% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 16Universal Cement Corporation, Annual General Meeting, Jun 21, 2024Universal Cement Corporation, Annual General Meeting, Jun 21, 2024. Location: The Howard Plaza Hotel Taipei No. 160, Sec. 3, Ren'ai Rd., Daan Dist., Taipei City Taipei City Taiwan Agenda: To approved 2023 Business Report of the Company; to review of 2023 financial statement of Audit Committee of the Company; to report of the remuneration of employees and directors for 2023; to report of the total amount for endorsement and guarantee made for others for 2023; and to report of loans to others for 2023.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$1.42 (vs NT$0.85 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.42 (up from NT$0.85 in 3Q 2022). Revenue: NT$1.87b (up 5.0% from 3Q 2022). Net income: NT$956.3m (up 68% from 3Q 2022). Profit margin: 51% (up from 32% in 3Q 2022). 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.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.62 (vs NT$0.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.62 (up from NT$0.49 in 2Q 2022). Revenue: NT$1.92b (up 9.8% from 2Q 2022). Net income: NT$418.0m (up 26% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year and the company’s share price has also increased by 16% per year.
Upcoming Dividend • Jul 14Upcoming dividend of NT$1.50 per share at 4.9% yieldEligible shareholders must have bought the stock before 21 July 2023. Payment date: 28 August 2023. Payout ratio is a comfortable 28% and the cash payout ratio is 80%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.2%).
お知らせ • Jul 06Universal Cement Corporation Announces Cash Dividend, Payable on August 28, 2023Universal Cement Corporation announced cash dividend of TWD 1.5 per share. Ex-rights (ex-dividend) trading date is July 21, 2023; Ex-rights (ex-dividend) record date is July 29, 2023; Payment date of cash dividend distribution is August 28, 2023.
お知らせ • Jun 30+ 2 more updatesUniversal Cement Corporation Appoints Hou. Chih-Yuan as Chief Operation Officer, Effective July 1, 2023Universal Cement Corporation announced the appointment of Mr. HOU. Chih-Yuan, Director of the company as Chief Operation Officer of the company. Effective date is July 1, 2023.
Reported Earnings • Mar 18Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: NT$3.12 (up from NT$1.67 in FY 2021). Revenue: NT$7.06b (up 16% from FY 2021). Net income: NT$2.04b (up 88% from FY 2021). Profit margin: 29% (up from 18% in FY 2021). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is expected to decline by 3.6% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.87 (vs NT$0.30 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.87 (up from NT$0.30 in 3Q 2021). Revenue: NT$1.78b (up 23% from 3Q 2021). Net income: NT$570.1m (up 194% from 3Q 2021). Profit margin: 32% (up from 13% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Revenue is expected to decline by 1.8% p.a. on average during the next 3 years, while revenues in the Basic Materials industry in Asia are expected to grow by 10%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Felix Ho 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.
お知らせ • Nov 10Universal Cement Corporation Appoints Pei-Te Chang as Chief Information Security OfficerUniversal Cement Corporation appointed Pei-Te Chang, Assistant Vice President of President's Office, as Chief Information Security Officer, effective from November 9, 2022.
Major Estimate Revision • Sep 28Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from NT$7.28b to NT$7.04b. EPS estimate rose from NT$2.54 to NT$2.98. Net income forecast to grow 37% next year vs 21% growth forecast for Basic Materials industry in Taiwan. Consensus price target down from NT$28.00 to NT$26.50. Share price fell 4.4% to NT$20.65 over the past week.
Reported Earnings • Aug 15Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$0.51 (up from NT$0.46 in 2Q 2021). Revenue: NT$1.75b (up 19% from 2Q 2021). Net income: NT$331.1m (up 9.4% from 2Q 2021). Profit margin: 19% (down from 21% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 7.6%. Earnings per share (EPS) exceeded analyst estimates by 19%. Over the next year, revenue is forecast to grow 19%, compared to a 11% growth forecast for the Basic Materials industry in Taiwan. 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 4% per year.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).
Major Estimate Revision • Jun 07Consensus revenue estimates increase by 10%The consensus outlook for revenues in 2022 has improved. 2022 revenue forecast increased from NT$6.61b to NT$7.28b. EPS estimate increased from NT$1.82 to NT$2.54 per share. Net income forecast to grow 22% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$24.00 to NT$28.00. Share price was steady at NT$22.05 over the past week.
Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$0.82 (up from NT$0.35 in 1Q 2021). Revenue: NT$1.53b (up 6.4% from 1Q 2021). Net income: NT$534.8m (up 133% from 1Q 2021). Profit margin: 35% (up from 16% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 165%. Over the next year, revenue is forecast to grow 9.1%, compared to a 12% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% 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 Felix Ho 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 • Apr 01Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$1.66 (down from NT$1.91 in FY 2020). Revenue: NT$6.08b (up 12% from FY 2020). Net income: NT$1.09b (down 13% from FY 2020). Profit margin: 18% (down from 23% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 9.2%. Over the next year, revenue is forecast to grow 8.7%, compared to a 12% growth forecast for the industry in Taiwan. 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 • Mar 29Universal Cement Corporation, Annual General Meeting, Jun 14, 2022Universal Cement Corporation, Annual General Meeting, Jun 14, 2022. Location: Hi-Fu Gypsum Board Plant UCC, No.18, Hai-shan-zhong St., Hai-Fu Borough, Lu-Zhu Dist. Tao-Yuan City Taiwan Agenda: To consider 2021 Business Report of the Company; to consider Review of 2021 financial statement of Audit Committee of the Company; to consider Report of the remuneration of employees and directors for 2021; to consider Report of the total amount for endorsement and guarantee made for others for 2021; to consider Report of loans to others for 2021; to consider Acknowledgement of 2021 Business Report, Financial Statements and Consolidated Financial Statements of the Company; to consider Acknowledgement of the distribution of profit for 2021; and to consider other matters.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.30 (vs NT$0.60 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$1.45b (up 12% from 3Q 2020). Net income: NT$194.0m (down 51% from 3Q 2020). Profit margin: 13% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.66 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.46b (up 9.5% from 2Q 2020). Net income: NT$302.5m (down 30% from 2Q 2020). Profit margin: 21% (down from 32% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 09Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 08 September 2021. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (6.7%).
Price Target Changed • May 23Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.35. Stock is up 27% over the past year.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.35 (vs NT$0.071 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.44b (up 15% from 1Q 2020). Net income: NT$229.5m (up 397% from 1Q 2020). Profit margin: 16% (up from 3.7% in 1Q 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 1% per year.
Price Target Changed • May 14Price target increased to NT$30.00Up from NT$27.00, the current price target is provided by 1 analyst. New target price is 34% above last closing price of NT$22.40. Stock is up 29% over the past year.
分析記事 • Apr 22Universal Cement (TPE:1104) Seems To Use Debt Rather SparinglyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Apr 07Universal Cement (TPE:1104) Is Posting Promising Earnings But The Good News Doesn’t Stop ThereUniversal Cement Corporation's ( TPE:1104 ) recent earnings report didn't offer any surprises, with the shares...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.91 (vs NT$1.74 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$5.43b (up 8.4% from FY 2019). Net income: NT$1.25b (up 9.8% from FY 2019). Profit margin: 23% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat.
分析記事 • Mar 24Three Things You Should Check Before Buying Universal Cement Corporation (TPE:1104) For Its DividendCould Universal Cement Corporation ( TPE:1104 ) be an attractive dividend share to own for the long haul? Investors are...
分析記事 • Mar 06Calculating The Intrinsic Value Of Universal Cement Corporation (TPE:1104)Does the March share price for Universal Cement Corporation ( TPE:1104 ) reflect what it's really worth? Today, we will...
分析記事 • Feb 16We Like These Underlying Trends At Universal Cement (TPE:1104)To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...
分析記事 • Jan 26The Universal Cement (TPE:1104) Share Price Has Gained 11% And Shareholders Are Hoping For MoreOn average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy...
分析記事 • Jan 05These 4 Measures Indicate That Universal Cement (TPE:1104) Is Using Debt SafelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Dec 21How Does Universal Cement Corporation (TPE:1104) Fare As A Dividend Stock?Today we'll take a closer look at Universal Cement Corporation ( TPE:1104 ) from a dividend investor's perspective...
分析記事 • Dec 01Universal Cement Corporation's (TPE:1104) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Universal Cement's (TPE:1104) stock is up by a considerable 16% over the past month. We, however wanted to have a...
Price Target Changed • Nov 17Price target raised to NT$25.50Up from NT$22.50, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$23.00. As of last close, the stock is up 23% over the past year.
Analyst Estimate Surprise Post Earnings • Nov 15Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 9.4%. Earnings per share (EPS) exceeded analyst estimates by 13%. Over the next year, revenue is forecast to grow 11%, compared to a 5.5% growth forecast for the Basic Materials industry in Taiwan.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.60The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.29b (up 11% from 3Q 2019). Net income: NT$392.1m (up 62% from 3Q 2019). Profit margin: 30% (up from 21% in 3Q 2019). The increase in margin was primarily 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 3% per year.
Is New 90 Day High Low • Nov 12New 90-day high: NT$21.25The company is up 16% from its price of NT$18.25 on 14 August 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 6.0% over the same period.
Is New 90 Day High Low • Oct 12New 90-day high: NT$20.95The company is up 14% from its price of NT$18.30 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 4.0% over the same period.