View Future GrowthLucky Cement 過去の業績過去 基準チェック /56Lucky Cementは、平均年間21.3%の収益成長を遂げていますが、 Basic Materials業界の収益は、年間 成長しています。収益は、平均年間9.6% 4%収益成長率で 成長しています。 Lucky Cementの自己資本利益率は15.1%であり、純利益率は19.4%です。主要情報21.32%収益成長率21.32%EPS成長率Basic Materials 業界の成長-0.93%収益成長率4.00%株主資本利益率15.09%ネット・マージン19.39%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2025)First quarter 2026 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2025). Revenue: NT$980.7m (down 19% from 1Q 2025). Net income: NT$68.9m (down 48% from 1Q 2025). Profit margin: 7.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$2.18 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$2.18 (up from NT$1.22 in FY 2024). Revenue: NT$4.45b (down 8.6% from FY 2024). Net income: NT$880.7m (up 78% from FY 2024). Profit margin: 20% (up from 10% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.30 (up from NT$0.27 in 3Q 2024). Revenue: NT$1.05b (down 8.1% from 3Q 2024). Net income: NT$121.1m (up 12% from 3Q 2024). Profit margin: 12% (up from 9.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.39 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.39 (up from NT$0.33 in 2Q 2024). Revenue: NT$1.16b (down 4.6% from 2Q 2024). Net income: NT$563.5m (up 325% from 2Q 2024). Profit margin: 49% (up from 11% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (up from NT$0.30 in 1Q 2024). Revenue: NT$1.21b (up 1.7% from 1Q 2024). Net income: NT$131.4m (up 7.6% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • May 01Lucky Cement Co. to Report Q1, 2025 Results on May 09, 2025Lucky Cement Co. announced that they will report Q1, 2025 results on May 09, 2025すべての更新を表示Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2025)First quarter 2026 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2025). Revenue: NT$980.7m (down 19% from 1Q 2025). Net income: NT$68.9m (down 48% from 1Q 2025). Profit margin: 7.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$2.18 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$2.18 (up from NT$1.22 in FY 2024). Revenue: NT$4.45b (down 8.6% from FY 2024). Net income: NT$880.7m (up 78% from FY 2024). Profit margin: 20% (up from 10% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 17Lucky Cement Co., Annual General Meeting, Jun 29, 2026Lucky Cement Co., Annual General Meeting, Jun 29, 2026. Location: 5 floor no,56, sec.1 huan shan rd., neihu district, taipei city TaiwanNew Risk • Nov 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.30 (up from NT$0.27 in 3Q 2024). Revenue: NT$1.05b (down 8.1% from 3Q 2024). Net income: NT$121.1m (up 12% from 3Q 2024). Profit margin: 12% (up from 9.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.39 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.39 (up from NT$0.33 in 2Q 2024). Revenue: NT$1.16b (down 4.6% from 2Q 2024). Net income: NT$563.5m (up 325% from 2Q 2024). Profit margin: 49% (up from 11% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Jul 17Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (5.1%).New Risk • Jun 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Dividend is not well covered by cash flows (285% cash payout ratio).Buy Or Sell Opportunity • May 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.7% to NT$15.30. The fair value is estimated to be NT$12.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 8.0%.New Risk • May 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 380% Minor Risk High level of debt (42% net debt to equity).Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (up from NT$0.30 in 1Q 2024). Revenue: NT$1.21b (up 1.7% from 1Q 2024). Net income: NT$131.4m (up 7.6% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • May 01Lucky Cement Co. to Report Q1, 2025 Results on May 09, 2025Lucky Cement Co. announced that they will report Q1, 2025 results on May 09, 2025お知らせ • Mar 18Lucky Cement Co., Annual General Meeting, Jun 27, 2025Lucky Cement Co., Annual General Meeting, Jun 27, 2025. Location: 1 floor no,56, sec.1 huan shan rd., neihu district, taipei city Taiwanお知らせ • Mar 09Lucky Cement Co. to Report Q4, 2024 Results on Mar 17, 2025Lucky Cement Co. announced that they will report Q4, 2024 results on Mar 17, 2025Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.27 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.27 (down from NT$0.47 in 3Q 2023). Revenue: NT$1.14b (down 10% from 3Q 2023). Net income: NT$107.9m (down 43% from 3Q 2023). Profit margin: 9.4% (down from 15% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 05Lucky Cement Co. to Report Q3, 2024 Results on Nov 12, 2024Lucky Cement Co. announced that they will report Q3, 2024 results on Nov 12, 2024お知らせ • Oct 18Lucky Cement Co. Announces Change in Representative of its Institutional DirectorLucky Cement Co. announced change in representative of the company’s institutional director. Name of legal person is Shi-yi Cement Co. Ltd. Name and Resume of the previous position holder: Chen, Liang-Chuan, Chairman. Name and Resume of the new position holder: Xiao,Yu-Xiang, Executive Assistant to Chairman. Reason for the change is Death. Effective date of the new appointment is October 17, 2024.お知らせ • Oct 10Lucky Cement Co. Appoints Chen, Yun-Ju as ChairmanLucky Cement Co. announced the appointment of Chen, Yun-Ju as chairman. Effective date of the new appointment is October 9, 2024.お知らせ • Oct 09Lucky Cement Co. Announces the Demise of Chen, Liang-Chuan, ChairmanLucky Cement Co. announced the demise of Chen, Liang-Chuan, Chairman.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.38 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (down from NT$0.38 in 2Q 2023). Revenue: NT$1.22b (down 7.9% from 2Q 2023). Net income: NT$132.6m (down 13% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 15Lucky Cement (TWSE:1108) Is Increasing Its Dividend To NT$1.00Lucky Cement Co. ( TWSE:1108 ) has announced that it will be increasing its dividend from last year's comparable...Declared Dividend • Aug 14Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 28th August 2024 Payment date: 19th September 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Aug 03Lucky Cement Co. to Report Q2, 2024 Results on Aug 12, 2024Lucky Cement Co. announced that they will report Q2, 2024 results on Aug 12, 2024お知らせ • Jun 19Lucky Cement Co. Announces the 2023 Earnings DistributionLucky Cement Co. at its AGM held on June 18, 2024 Acknowledged the 2023 earnings distribution, common stock cash dividend amount is TWD 404,738,049 (TWD 1.0 per share).Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.31 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (down from NT$0.31 in 1Q 2023). Revenue: NT$1.19b (up 9.2% from 1Q 2023). Net income: NT$122.1m (down 4.0% from 1Q 2023). Profit margin: 10% (down from 12% 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 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 30Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.44 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.44 in FY 2022). Revenue: NT$5.09b (up 23% from FY 2022). Net income: NT$527.1m (down 9.3% from FY 2022). Profit margin: 10% (down from 14% 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 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 16Lucky Cement Co., Annual General Meeting, Jun 18, 2024Lucky Cement Co., Annual General Meeting, Jun 18, 2024. Location: Takming University of Science and Technology Taipei City Taiwan Agenda: To consider 2023 business report and financial report; to consider Audit Committee's review report of 2023 annual final accounting books and statements; to consider Report on the distribution of remuneration for employees and directors of 2023; to consider adoption of the 2023 business report and financial Statements; to consider adoption of the proposal for distribution of 2023 profits; and to consider other report items.Buy Or Sell Opportunity • Mar 11Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$15.80. The fair value is estimated to be NT$13.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%.お知らせ • Dec 29Lucky Cement Co. Announces the Change of PresidentLucky Cement Co. announced the change of president. Name of the previous position holder: Chen, Liang-Chuan, Resume of the previous position holder: Chairman and President, Name of the new position holder: Chen, Ming-Shien. The effective date is December 29, 2023.New Risk • Nov 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (175% cash payout ratio).Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.4%).Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.29 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.37 (up from NT$0.29 in 2Q 2022). Revenue: NT$1.32b (up 32% from 2Q 2022). Net income: NT$151.6m (up 30% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). 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 16% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 12Lucky Cement Co. Announces Cash Dividend, Payable on September 15, 2023Lucky Cement Co. announced Cash dividend of TWD 323,790,439, payable on September 15, 2023. Ex-rights (ex-dividend) trading date: August 28, 2023. Ex-rights (ex-dividend) record date: September 3, 2023.お知らせ • Jul 01Lucky Cement Co. Approves the Cash Dividend for the Year 2022Lucky Cement Co. approved the cash dividend of TWD 323,790,439 or TWD 0.8 per share for the year 2022, at the AGM held on June 30, 2023.Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$13.20, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total returns to shareholders of 93% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yang-Wei Shao was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be NT$12.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Buying Opportunity • Sep 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be NT$13.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.5%).Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.20 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.29 (up from NT$0.20 in 2Q 2021). Revenue: NT$1.00b (down 2.6% from 2Q 2021). Net income: NT$116.9m (up 47% from 2Q 2021). Profit margin: 12% (up from 7.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 02Lucky Cement Corporation Announces Board ChangesLucky Cement Corporation Announced Company's newly-elected directors for2022 Annual General Shareholders' Meeting. Date of occurrence of the change:2022/06/30 2.Elected or changed position: Institutional director, independent director and natural-person director. Title and name of the previous position holder: (A)Director: Mr. Liang-Chuan Chen (Representative of Shi-yi Cement Co. Ltd.) Ms. Yun-Ju Chen (Representative of Shi-yi Cement Co. Ltd.) Mr. Hsiang-Lin Chang Mr. Shang-Kai Cheng (B)Independent Director: Ms. Yan Chen Mr. Chih-Cheng Wang Mr. Yang-Wei Shao. Resume of the previous position holder: (A)Director: Mr. Liang-Chuan Chen/Chiarman of Lucky Cement Co. Ms. Yun-Ju Chen/Executive Vice President of Lucky Cement Co. Mr. Hsiang-Lin Chang/Vice Chiarman of Hong Ching Construction Co. Ltd. Mr. Shang-Kai Cheng/Manager of Haihua Investment Co. Ltd. (B)Independent Director: Ms. Yan Chen/Financial consultant of Eorex Corporation. Mr. Chih-Cheng Wang/Vice President of Chinese Culture University. Mr. Yang-Wei Shao/General Manager of Jabes Construction Co. Ltd. Title and name of the new position holder: (A)Director: Mr. Liang-Chuan Chen (Representative of Shiyi Cement Co. Ltd.) Ms. Yun-Ju Chen (Representative of Shiyi Cement Co. Ltd.) Mr. Hsiang-Lin Chang Mr. Shang-Kai Cheng (B)Independent Director: Ms. Yan Chen Mr. Chih-Cheng Wang Mr. Yang-Wei Shao. Resume of the new position holder: (A)Director: Mr. Liang-Chuan Chen/Chiarman of Lucky Cement Co. Ms. Yun-Ju Chen/Executive Vice President of Lucky Cement Co. Mr. Hsiang-Lin Chang/Vice Chiarman of Hong Ching Construction Co. Ltd. Mr. Shang-Kai Cheng/Manager of Haihua Investment Co. Ltd. (B)Independent Director: Ms. Yan Chen/Financial consultant of Eorex Corporation. Mr. Chih-Cheng Wang/Vice President of Chinese Culture University. Mr. Yang-Wei Shao/General Manager of Jabes Construction Co. Ltd. Circumstances of change: Term expired. Reason for the change: Tenure expired. Effective date of the new appointment: 2022/06/30.お知らせ • Jul 01Lucky Cement Corporation Approves Common Stock Cash Dividend for 2021Lucky Cement Corporation at its AGM held on June 30, 2022, approved common stock cash dividend amount is TWD 242,842,829 for 2021.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.13 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.13 in 1Q 2021). Revenue: NT$880.9m (down 16% from 1Q 2021). Net income: NT$54.9m (flat on 1Q 2021). Profit margin: 6.2% (up from 5.2% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yang-Wei Shao was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$0.65 (vs NT$0.97 in FY 2020)Full year 2021 results: EPS: NT$0.65 (down from NT$0.97 in FY 2020). Revenue: NT$3.77b (down 17% from FY 2020). Net income: NT$262.2m (down 33% from FY 2020). Profit margin: 7.0% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 02Lucky Cement Corporation, Annual General Meeting, Jun 30, 2022Lucky Cement Corporation, Annual General Meeting, Jun 30, 2022.Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$830.8m (down 27% from 3Q 2020). Net income: NT$35.0m (down 65% from 3Q 2020). Profit margin: 4.2% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 15 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (7.2%).Reported Earnings • Aug 16Second quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.33 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.03b (down 8.4% from 2Q 2020). Net income: NT$79.6m (down 41% from 2Q 2020). Profit margin: 7.7% (down from 12% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.13 (vs NT$0.23 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.05b (down 5.3% from 1Q 2020). Net income: NT$54.4m (down 42% from 1Q 2020). Profit margin: 5.2% (down from 8.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to NT$13.95, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 11x in the Basic Materials industry in Taiwan. Total returns to shareholders of 79% over the past three years.Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$16.15, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 12x in the Basic Materials industry in Taiwan. Total returns to shareholders of 117% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.97 (vs NT$0.11 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.53b (up 21% from FY 2019). Net income: NT$392.3m (up NT$346.4m from FY 2019). Profit margin: 8.7% (up from 1.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 28Here's Why Lucky Cement (TPE:1108) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 07Is Lucky Cement Corporation (TPE:1108) The Right Choice For A Smart Dividend Investor?Is Lucky Cement Corporation ( TPE:1108 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Feb 26New 90-day high: NT$13.20The company is up 15% from its price of NT$11.50 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is down 2.0% over the same period.分析記事 • Feb 14Are Lucky Cement Corporation's (TPE:1108) Mixed Financials Driving The Negative Sentiment?With its stock down 4.4% over the past three months, it is easy to disregard Lucky Cement (TPE:1108). It is possible...分析記事 • Jan 25The Returns On Capital At Lucky Cement (TPE:1108) Don't Inspire ConfidenceIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...Is New 90 Day High Low • Jan 18New 90-day low: NT$11.00The company is down 4.0% from its price of NT$11.50 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.分析記事 • Jan 07Did Lucky Cement's (TPE:1108) Share Price Deserve to Gain 47%?These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can...Is New 90 Day High Low • Dec 23New 90-day high: NT$12.05The company is up 10.0% from its price of NT$11.00 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 4.0% over the same period.分析記事 • Dec 20What Kind Of Shareholders Hold The Majority In Lucky Cement Corporation's (TPE:1108) Shares?A look at the shareholders of Lucky Cement Corporation ( TPE:1108 ) can tell us which group is most powerful. Insiders...分析記事 • Dec 05Read This Before Buying Lucky Cement Corporation (TPE:1108) For Its DividendDividend paying stocks like Lucky Cement Corporation ( TPE:1108 ) tend to be popular with investors, and for good...分析記事 • Nov 20We Think Lucky Cement (TPE:1108) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.13b (up 22% from 3Q 2019). Net income: NT$98.6m (up NT$83.9m from 3Q 2019). Profit margin: 8.7% (up from 1.6% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Sep 22New 90-day high: NT$12.45The company is up 25% from its price of NT$9.95 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 4.0% over the same period.収支内訳Lucky Cement の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:1108 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 264,219818307031 Dec 254,451881304030 Sep 254,738947324030 Jun 254,830934315031 Mar 254,887503290031 Dec 244,867494289030 Sep 244,960421272030 Jun 245,090503280031 Mar 245,195522279031 Dec 235,095527273030 Sep 234,893745290030 Jun 234,681688301031 Mar 234,361654282031 Dec 224,149581280030 Sep 223,810398254030 Jun 223,578300233031 Mar 223,604263228031 Dec 213,769262235030 Sep 214,077234241030 Jun 214,378298244031 Mar 214,471353250031 Dec 204,530392260030 Sep 204,430374245030 Jun 204,223290247031 Mar 204,002169241031 Dec 193,73246225030 Sep 193,530-129228030 Jun 193,382-185220031 Mar 193,332-201218031 Dec 183,331-176218030 Sep 183,302-171214030 Jun 183,356-136221031 Mar 183,372-124226031 Dec 173,434-100221030 Sep 173,68364220030 Jun 173,909150229031 Mar 174,150239231031 Dec 164,251324236030 Sep 164,416347271030 Jun 164,494363268031 Mar 164,730448278031 Dec 155,021511282030 Sep 155,109556262030 Jun 155,2135422670質の高い収益: 1108は 高品質の収益 を持っています。利益率の向上: 1108の現在の純利益率 (19.4%)は、昨年(10.3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 1108の収益は過去 5 年間で年間21.3%増加しました。成長の加速: 1108の過去 1 年間の収益成長率 ( 62.6% ) は、5 年間の平均 ( 年間21.3%を上回っています。収益対業界: 1108の過去 1 年間の収益成長率 ( 62.6% ) はBasic Materials業界2.6%を上回りました。株主資本利益率高いROE: 1108の 自己資本利益率 ( 15.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/13 06:24終値2026/06/12 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Lucky Cement Co. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2025)First quarter 2026 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2025). Revenue: NT$980.7m (down 19% from 1Q 2025). Net income: NT$68.9m (down 48% from 1Q 2025). Profit margin: 7.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$2.18 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$2.18 (up from NT$1.22 in FY 2024). Revenue: NT$4.45b (down 8.6% from FY 2024). Net income: NT$880.7m (up 78% from FY 2024). Profit margin: 20% (up from 10% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.30 (up from NT$0.27 in 3Q 2024). Revenue: NT$1.05b (down 8.1% from 3Q 2024). Net income: NT$121.1m (up 12% from 3Q 2024). Profit margin: 12% (up from 9.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.39 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.39 (up from NT$0.33 in 2Q 2024). Revenue: NT$1.16b (down 4.6% from 2Q 2024). Net income: NT$563.5m (up 325% from 2Q 2024). Profit margin: 49% (up from 11% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (up from NT$0.30 in 1Q 2024). Revenue: NT$1.21b (up 1.7% from 1Q 2024). Net income: NT$131.4m (up 7.6% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • May 01Lucky Cement Co. to Report Q1, 2025 Results on May 09, 2025Lucky Cement Co. announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.17 (vs NT$0.33 in 1Q 2025)First quarter 2026 results: EPS: NT$0.17 (down from NT$0.33 in 1Q 2025). Revenue: NT$980.7m (down 19% from 1Q 2025). Net income: NT$68.9m (down 48% from 1Q 2025). Profit margin: 7.0% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: NT$2.18 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$2.18 (up from NT$1.22 in FY 2024). Revenue: NT$4.45b (down 8.6% from FY 2024). Net income: NT$880.7m (up 78% from FY 2024). Profit margin: 20% (up from 10% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 17Lucky Cement Co., Annual General Meeting, Jun 29, 2026Lucky Cement Co., Annual General Meeting, Jun 29, 2026. Location: 5 floor no,56, sec.1 huan shan rd., neihu district, taipei city Taiwan
New Risk • Nov 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.27 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.30 (up from NT$0.27 in 3Q 2024). Revenue: NT$1.05b (down 8.1% from 3Q 2024). Net income: NT$121.1m (up 12% from 3Q 2024). Profit margin: 12% (up from 9.4% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.39 (vs NT$0.33 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.39 (up from NT$0.33 in 2Q 2024). Revenue: NT$1.16b (down 4.6% from 2Q 2024). Net income: NT$563.5m (up 325% from 2Q 2024). Profit margin: 49% (up from 11% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 15 August 2025. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (5.1%).
New Risk • Jun 14New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (53% net debt to equity). Dividend is not well covered by cash flows (285% cash payout ratio).
Buy Or Sell Opportunity • May 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 1.7% to NT$15.30. The fair value is estimated to be NT$12.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 8.0%.
New Risk • May 19New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 380% Minor Risk High level of debt (42% net debt to equity).
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (up from NT$0.30 in 1Q 2024). Revenue: NT$1.21b (up 1.7% from 1Q 2024). Net income: NT$131.4m (up 7.6% from 1Q 2024). Profit margin: 11% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • May 01Lucky Cement Co. to Report Q1, 2025 Results on May 09, 2025Lucky Cement Co. announced that they will report Q1, 2025 results on May 09, 2025
お知らせ • Mar 18Lucky Cement Co., Annual General Meeting, Jun 27, 2025Lucky Cement Co., Annual General Meeting, Jun 27, 2025. Location: 1 floor no,56, sec.1 huan shan rd., neihu district, taipei city Taiwan
お知らせ • Mar 09Lucky Cement Co. to Report Q4, 2024 Results on Mar 17, 2025Lucky Cement Co. announced that they will report Q4, 2024 results on Mar 17, 2025
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.27 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.27 (down from NT$0.47 in 3Q 2023). Revenue: NT$1.14b (down 10% from 3Q 2023). Net income: NT$107.9m (down 43% from 3Q 2023). Profit margin: 9.4% (down from 15% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 05Lucky Cement Co. to Report Q3, 2024 Results on Nov 12, 2024Lucky Cement Co. announced that they will report Q3, 2024 results on Nov 12, 2024
お知らせ • Oct 18Lucky Cement Co. Announces Change in Representative of its Institutional DirectorLucky Cement Co. announced change in representative of the company’s institutional director. Name of legal person is Shi-yi Cement Co. Ltd. Name and Resume of the previous position holder: Chen, Liang-Chuan, Chairman. Name and Resume of the new position holder: Xiao,Yu-Xiang, Executive Assistant to Chairman. Reason for the change is Death. Effective date of the new appointment is October 17, 2024.
お知らせ • Oct 10Lucky Cement Co. Appoints Chen, Yun-Ju as ChairmanLucky Cement Co. announced the appointment of Chen, Yun-Ju as chairman. Effective date of the new appointment is October 9, 2024.
お知らせ • Oct 09Lucky Cement Co. Announces the Demise of Chen, Liang-Chuan, ChairmanLucky Cement Co. announced the demise of Chen, Liang-Chuan, Chairman.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.38 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (down from NT$0.38 in 2Q 2023). Revenue: NT$1.22b (down 7.9% from 2Q 2023). Net income: NT$132.6m (down 13% from 2Q 2023). Profit margin: 11% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 15Lucky Cement (TWSE:1108) Is Increasing Its Dividend To NT$1.00Lucky Cement Co. ( TWSE:1108 ) has announced that it will be increasing its dividend from last year's comparable...
Declared Dividend • Aug 14Dividend increased to NT$1.00Dividend of NT$1.00 is 25% higher than last year. Ex-date: 28th August 2024 Payment date: 19th September 2024 Dividend yield will be 6.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 8.3% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 42% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Aug 03Lucky Cement Co. to Report Q2, 2024 Results on Aug 12, 2024Lucky Cement Co. announced that they will report Q2, 2024 results on Aug 12, 2024
お知らせ • Jun 19Lucky Cement Co. Announces the 2023 Earnings DistributionLucky Cement Co. at its AGM held on June 18, 2024 Acknowledged the 2023 earnings distribution, common stock cash dividend amount is TWD 404,738,049 (TWD 1.0 per share).
Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.31 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (down from NT$0.31 in 1Q 2023). Revenue: NT$1.19b (up 9.2% from 1Q 2023). Net income: NT$122.1m (down 4.0% from 1Q 2023). Profit margin: 10% (down from 12% 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 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 30Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.44 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.44 in FY 2022). Revenue: NT$5.09b (up 23% from FY 2022). Net income: NT$527.1m (down 9.3% from FY 2022). Profit margin: 10% (down from 14% 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 32% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 16Lucky Cement Co., Annual General Meeting, Jun 18, 2024Lucky Cement Co., Annual General Meeting, Jun 18, 2024. Location: Takming University of Science and Technology Taipei City Taiwan Agenda: To consider 2023 business report and financial report; to consider Audit Committee's review report of 2023 annual final accounting books and statements; to consider Report on the distribution of remuneration for employees and directors of 2023; to consider adoption of the 2023 business report and financial Statements; to consider adoption of the proposal for distribution of 2023 profits; and to consider other report items.
Buy Or Sell Opportunity • Mar 11Now 20% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$15.80. The fair value is estimated to be NT$13.15, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 32%.
お知らせ • Dec 29Lucky Cement Co. Announces the Change of PresidentLucky Cement Co. announced the change of president. Name of the previous position holder: Chen, Liang-Chuan, Resume of the previous position holder: Chairman and President, Name of the new position holder: Chen, Ming-Shien. The effective date is December 29, 2023.
New Risk • Nov 21New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% 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 Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risk Dividend is not well covered by cash flows (175% cash payout ratio).
Upcoming Dividend • Aug 21Upcoming dividend of NT$0.80 per share at 5.0% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 47% but the company is not cash flow positive. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.4%).
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.37 (vs NT$0.29 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.37 (up from NT$0.29 in 2Q 2022). Revenue: NT$1.32b (up 32% from 2Q 2022). Net income: NT$151.6m (up 30% from 2Q 2022). Profit margin: 12% (in line with 2Q 2022). 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 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 12Lucky Cement Co. Announces Cash Dividend, Payable on September 15, 2023Lucky Cement Co. announced Cash dividend of TWD 323,790,439, payable on September 15, 2023. Ex-rights (ex-dividend) trading date: August 28, 2023. Ex-rights (ex-dividend) record date: September 3, 2023.
お知らせ • Jul 01Lucky Cement Co. Approves the Cash Dividend for the Year 2022Lucky Cement Co. approved the cash dividend of TWD 323,790,439 or TWD 0.8 per share for the year 2022, at the AGM held on June 30, 2023.
Valuation Update With 7 Day Price Move • Feb 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$13.20, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total returns to shareholders of 93% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Yang-Wei Shao was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 5.3%. The fair value is estimated to be NT$12.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Buying Opportunity • Sep 01Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.6%. The fair value is estimated to be NT$13.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.5%).
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.29 (vs NT$0.20 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.29 (up from NT$0.20 in 2Q 2021). Revenue: NT$1.00b (down 2.6% from 2Q 2021). Net income: NT$116.9m (up 47% from 2Q 2021). Profit margin: 12% (up from 7.7% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 02Lucky Cement Corporation Announces Board ChangesLucky Cement Corporation Announced Company's newly-elected directors for2022 Annual General Shareholders' Meeting. Date of occurrence of the change:2022/06/30 2.Elected or changed position: Institutional director, independent director and natural-person director. Title and name of the previous position holder: (A)Director: Mr. Liang-Chuan Chen (Representative of Shi-yi Cement Co. Ltd.) Ms. Yun-Ju Chen (Representative of Shi-yi Cement Co. Ltd.) Mr. Hsiang-Lin Chang Mr. Shang-Kai Cheng (B)Independent Director: Ms. Yan Chen Mr. Chih-Cheng Wang Mr. Yang-Wei Shao. Resume of the previous position holder: (A)Director: Mr. Liang-Chuan Chen/Chiarman of Lucky Cement Co. Ms. Yun-Ju Chen/Executive Vice President of Lucky Cement Co. Mr. Hsiang-Lin Chang/Vice Chiarman of Hong Ching Construction Co. Ltd. Mr. Shang-Kai Cheng/Manager of Haihua Investment Co. Ltd. (B)Independent Director: Ms. Yan Chen/Financial consultant of Eorex Corporation. Mr. Chih-Cheng Wang/Vice President of Chinese Culture University. Mr. Yang-Wei Shao/General Manager of Jabes Construction Co. Ltd. Title and name of the new position holder: (A)Director: Mr. Liang-Chuan Chen (Representative of Shiyi Cement Co. Ltd.) Ms. Yun-Ju Chen (Representative of Shiyi Cement Co. Ltd.) Mr. Hsiang-Lin Chang Mr. Shang-Kai Cheng (B)Independent Director: Ms. Yan Chen Mr. Chih-Cheng Wang Mr. Yang-Wei Shao. Resume of the new position holder: (A)Director: Mr. Liang-Chuan Chen/Chiarman of Lucky Cement Co. Ms. Yun-Ju Chen/Executive Vice President of Lucky Cement Co. Mr. Hsiang-Lin Chang/Vice Chiarman of Hong Ching Construction Co. Ltd. Mr. Shang-Kai Cheng/Manager of Haihua Investment Co. Ltd. (B)Independent Director: Ms. Yan Chen/Financial consultant of Eorex Corporation. Mr. Chih-Cheng Wang/Vice President of Chinese Culture University. Mr. Yang-Wei Shao/General Manager of Jabes Construction Co. Ltd. Circumstances of change: Term expired. Reason for the change: Tenure expired. Effective date of the new appointment: 2022/06/30.
お知らせ • Jul 01Lucky Cement Corporation Approves Common Stock Cash Dividend for 2021Lucky Cement Corporation at its AGM held on June 30, 2022, approved common stock cash dividend amount is TWD 242,842,829 for 2021.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.13 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.13 in 1Q 2021). Revenue: NT$880.9m (down 16% from 1Q 2021). Net income: NT$54.9m (flat on 1Q 2021). Profit margin: 6.2% (up from 5.2% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Yang-Wei Shao was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$0.65 (vs NT$0.97 in FY 2020)Full year 2021 results: EPS: NT$0.65 (down from NT$0.97 in FY 2020). Revenue: NT$3.77b (down 17% from FY 2020). Net income: NT$262.2m (down 33% from FY 2020). Profit margin: 7.0% (down from 8.7% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 02Lucky Cement Corporation, Annual General Meeting, Jun 30, 2022Lucky Cement Corporation, Annual General Meeting, Jun 30, 2022.
Reported Earnings • Nov 16Third quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.24 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$830.8m (down 27% from 3Q 2020). Net income: NT$35.0m (down 65% from 3Q 2020). Profit margin: 4.2% (down from 8.7% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 15 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (7.2%).
Reported Earnings • Aug 16Second quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.33 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.03b (down 8.4% from 2Q 2020). Net income: NT$79.6m (down 41% from 2Q 2020). Profit margin: 7.7% (down from 12% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.13 (vs NT$0.23 in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.05b (down 5.3% from 1Q 2020). Net income: NT$54.4m (down 42% from 1Q 2020). Profit margin: 5.2% (down from 8.5% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to NT$13.95, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 11x in the Basic Materials industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$16.15, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 12x in the Basic Materials industry in Taiwan. Total returns to shareholders of 117% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.97 (vs NT$0.11 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.53b (up 21% from FY 2019). Net income: NT$392.3m (up NT$346.4m from FY 2019). Profit margin: 8.7% (up from 1.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 28Here's Why Lucky Cement (TPE:1108) Can Manage Its Debt ResponsiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Mar 07Is Lucky Cement Corporation (TPE:1108) The Right Choice For A Smart Dividend Investor?Is Lucky Cement Corporation ( TPE:1108 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Feb 26New 90-day high: NT$13.20The company is up 15% from its price of NT$11.50 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is down 2.0% over the same period.
分析記事 • Feb 14Are Lucky Cement Corporation's (TPE:1108) Mixed Financials Driving The Negative Sentiment?With its stock down 4.4% over the past three months, it is easy to disregard Lucky Cement (TPE:1108). It is possible...
分析記事 • Jan 25The Returns On Capital At Lucky Cement (TPE:1108) Don't Inspire ConfidenceIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? When we...
Is New 90 Day High Low • Jan 18New 90-day low: NT$11.00The company is down 4.0% from its price of NT$11.50 on 20 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 3.0% over the same period.
分析記事 • Jan 07Did Lucky Cement's (TPE:1108) Share Price Deserve to Gain 47%?These days it's easy to simply buy an index fund, and your returns should (roughly) match the market. But you can...
Is New 90 Day High Low • Dec 23New 90-day high: NT$12.05The company is up 10.0% from its price of NT$11.00 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is up 4.0% over the same period.
分析記事 • Dec 20What Kind Of Shareholders Hold The Majority In Lucky Cement Corporation's (TPE:1108) Shares?A look at the shareholders of Lucky Cement Corporation ( TPE:1108 ) can tell us which group is most powerful. Insiders...
分析記事 • Dec 05Read This Before Buying Lucky Cement Corporation (TPE:1108) For Its DividendDividend paying stocks like Lucky Cement Corporation ( TPE:1108 ) tend to be popular with investors, and for good...
分析記事 • Nov 20We Think Lucky Cement (TPE:1108) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.24The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.13b (up 22% from 3Q 2019). Net income: NT$98.6m (up NT$83.9m from 3Q 2019). Profit margin: 8.7% (up from 1.6% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Sep 22New 90-day high: NT$12.45The company is up 25% from its price of NT$9.95 on 24 June 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 4.0% over the same period.