View Future GrowthSinon 過去の業績過去 基準チェック /26Sinonの収益は年間平均-0.3%の割合で減少していますが、 Chemicals業界の収益は年間 減少しています。収益は年間1.7% 0.8%割合で 減少しています。 Sinonの自己資本利益率は13.3%であり、純利益率は5.6%です。主要情報-0.25%収益成長率-0.26%EPS成長率Chemicals 業界の成長7.89%収益成長率-0.82%株主資本利益率13.26%ネット・マージン5.63%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.67 (vs NT$0.80 in 1Q 2025)First quarter 2026 results: EPS: NT$0.67 (down from NT$0.80 in 1Q 2025). Revenue: NT$4.80b (down 2.1% from 1Q 2025). Net income: NT$283.2m (down 15% from 1Q 2025). Profit margin: 5.9% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$2.60 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$2.60 (up from NT$2.50 in FY 2024). Revenue: NT$18.6b (down 1.7% from FY 2024). Net income: NT$1.09b (up 4.2% from FY 2024). Profit margin: 5.9% (up from 5.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.56 (down from NT$0.58 in 3Q 2024). Revenue: NT$4.37b (down 6.2% from 3Q 2024). Net income: NT$235.2m (down 4.3% from 3Q 2024). Profit margin: 5.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.55 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.71 (up from NT$0.55 in 2Q 2024). Revenue: NT$4.96b (up 1.4% from 2Q 2024). Net income: NT$299.6m (up 30% from 2Q 2024). Profit margin: 6.0% (up from 4.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.80 (vs NT$0.81 in 1Q 2024)First quarter 2025 results: EPS: NT$0.80 (down from NT$0.81 in 1Q 2024). Revenue: NT$4.90b (down 2.2% from 1Q 2024). Net income: NT$334.8m (down 1.2% from 1Q 2024). Profit margin: 6.8% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • May 01Sinon Corporation to Report Q1, 2025 Results on May 09, 2025Sinon Corporation 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 09First quarter 2026 earnings released: EPS: NT$0.67 (vs NT$0.80 in 1Q 2025)First quarter 2026 results: EPS: NT$0.67 (down from NT$0.80 in 1Q 2025). Revenue: NT$4.80b (down 2.1% from 1Q 2025). Net income: NT$283.2m (down 15% from 1Q 2025). Profit margin: 5.9% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Mar 18Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$44.30. The fair value is estimated to be NT$57.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 12%.お知らせ • Mar 02Sinon Corporation, Annual General Meeting, May 26, 2026Sinon Corporation, Annual General Meeting, May 26, 2026, at 09:30 Taipei Standard Time. Location: no,666, t`ai wan ta tao, hsi tun district, taichung city TaiwanDeclared Dividend • Mar 02Dividend of NT$2.50 announcedDividend of NT$2.50 is the same as last year. Ex-date: 18th March 2026 Payment date: 16th April 2026 Dividend yield will be 5.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.9% EPS growth achieved over the last 5 years.Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$2.60 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$2.60 (up from NT$2.50 in FY 2024). Revenue: NT$18.6b (down 1.7% from FY 2024). Net income: NT$1.09b (up 4.2% from FY 2024). Profit margin: 5.9% (up from 5.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Feb 27Sinon Corporation announces Annual dividend, payable on April 16, 2026Sinon Corporation announced Annual dividend of TWD 2.5000 per share payable on April 16, 2026, ex-date on March 18, 2026 and record date on March 19, 2026.Buy Or Sell Opportunity • Jan 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.1% to NT$46.85. The fair value is estimated to be NT$39.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 16%.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.56 (down from NT$0.58 in 3Q 2024). Revenue: NT$4.37b (down 6.2% from 3Q 2024). Net income: NT$235.2m (down 4.3% from 3Q 2024). Profit margin: 5.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.55 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.71 (up from NT$0.55 in 2Q 2024). Revenue: NT$4.96b (up 1.4% from 2Q 2024). Net income: NT$299.6m (up 30% from 2Q 2024). Profit margin: 6.0% (up from 4.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.80 (vs NT$0.81 in 1Q 2024)First quarter 2025 results: EPS: NT$0.80 (down from NT$0.81 in 1Q 2024). Revenue: NT$4.90b (down 2.2% from 1Q 2024). Net income: NT$334.8m (down 1.2% from 1Q 2024). Profit margin: 6.8% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • May 01Sinon Corporation to Report Q1, 2025 Results on May 09, 2025Sinon Corporation announced that they will report Q1, 2025 results on May 09, 2025分析記事 • Mar 11Sinon (TWSE:1712) Is Paying Out Less In Dividends Than Last YearSinon Corporation's ( TWSE:1712 ) dividend is being reduced from last year's payment covering the same period to...分析記事 • Feb 25Sinon (TWSE:1712) Has Announced That Its Dividend Will Be Reduced To NT$2.50Sinon Corporation ( TWSE:1712 ) has announced it will be reducing its dividend payable on the 16th of April to NT$2.50...Declared Dividend • Feb 24Dividend reduced to NT$2.50Dividend of NT$2.50 is 11% lower than last year. Ex-date: 13th March 2025 Payment date: 16th April 2025 Dividend yield will be 5.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio) nor is it covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control, which is more than the 9.2% EPS growth achieved over the last 5 years.お知らせ • Feb 24Sinon Corporation, Annual General Meeting, May 26, 2025Sinon Corporation, Annual General Meeting, May 26, 2025. Location: no,666, t`ai wan ta tao, hsi tun district, taichung city TaiwanReported Earnings • Feb 23Full year 2024 earnings released: EPS: NT$2.50 (vs NT$2.50 in FY 2023)Full year 2024 results: EPS: NT$2.50 (down from NT$2.50 in FY 2023). Revenue: NT$18.9b (down 1.0% from FY 2023). Net income: NT$1.05b (flat on FY 2023). Profit margin: 5.5% (in line with FY 2023). 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 12% per year, which means it is well ahead of earnings.お知らせ • Feb 22Sinon Corporation Announces Cash Dividend for the Year Ended December 31, 2024, Payable on April 16, 2025Sinon Corporation announced cash dividend of TWD 2.5 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders TWD 1,051,231,463. Ex-rights (ex-dividend) trading date: March 13, 2025. Ex-rights (ex-dividend) record date: March 20, 2025. Payment date of common stock cash dividend distribution: April 16, 2025.お知らせ • Feb 14Sinon Corporation to Report Fiscal Year 2024 Results on Feb 21, 2025Sinon Corporation announced that they will report fiscal year 2024 results on Feb 21, 2025Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.58 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.58 (down from NT$0.59 in 3Q 2023). Revenue: NT$4.66b (down 4.7% from 3Q 2023). Net income: NT$245.8m (flat on 3Q 2023). Profit margin: 5.3% (up from 5.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.67 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.55 (down from NT$0.67 in 2Q 2023). Revenue: NT$4.90b (up 7.0% from 2Q 2023). Net income: NT$230.9m (down 18% from 2Q 2023). Profit margin: 4.7% (down from 6.1% in 2Q 2023). 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 but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 02Sinon Corporation to Report Q2, 2024 Results on Aug 09, 2024Sinon Corporation announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.81 (vs NT$0.76 in 1Q 2023)First quarter 2024 results: EPS: NT$0.81 (up from NT$0.76 in 1Q 2023). Revenue: NT$5.01b (down 2.2% from 1Q 2023). Net income: NT$338.9m (up 5.8% from 1Q 2023). Profit margin: 6.8% (up from 6.3% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Sinon Corporation to Report Q1, 2024 Results on May 10, 2024Sinon Corporation announced that they will report Q1, 2024 results on May 10, 2024Upcoming Dividend • Mar 07Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 16 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.0%).分析記事 • Feb 28Sinon (TWSE:1712) Will Pay A Dividend Of NT$2.80The board of Sinon Corporation ( TWSE:1712 ) has announced that it will pay a dividend on the 16th of April, with...Reported Earnings • Feb 25Full year 2023 earnings released: EPS: NT$2.50 (vs NT$3.93 in FY 2022)Full year 2023 results: EPS: NT$2.50 (down from NT$3.93 in FY 2022). Revenue: NT$19.1b (down 17% from FY 2022). Net income: NT$1.05b (down 36% from FY 2022). Profit margin: 5.5% (down from 7.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 24+ 1 more updateSinon Corporation, Annual General Meeting, May 31, 2024Sinon Corporation, Annual General Meeting, May 31, 2024. Location: Evergreen Laurel Hotel(Taichung) No. 666, Sec. 2 Taiwan Boulevard Taichung City Taiwan Agenda: To consider the report on the Company’s 2023 business operations; to consider the audit committee's review report in 2023 of the Company; to consider the report on the Company’s 2023 distribution of remunerations to employees and directors; to consider the report on the proposal of cash dividends of surplus earnings; to consider the distribution for the Company in 2023; to ratify the Company’s 2023 business report and financial statements; and to discuss the amendment to the Company’s “Procedure for Acquisition and Disposal of Assets”n.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$0.59 (vs NT$1.26 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.59 (down from NT$1.26 in 3Q 2022). Revenue: NT$4.89b (down 16% from 3Q 2022). Net income: NT$247.5m (down 53% from 3Q 2022). Profit margin: 5.1% (down from 9.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.Buying Opportunity • Aug 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$44.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 30%.Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: NT$0.67 (vs NT$0.98 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.67 (down from NT$0.98 in 2Q 2022). Revenue: NT$4.58b (down 25% from 2Q 2022). Net income: NT$279.7m (down 32% from 2Q 2022). Profit margin: 6.1% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 22% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 29Sinon Corporation Announces Changes to the Remuneration Committee and Nominating CommitteeSinon Corporation announced changes to the remuneration committee and nominating committee with effect from June 27, 2023. Name of the previous position holder: Remuneration Committee - Huang, Shen-Yi; Uang, Biing-Jiun; and Chen, Chiun Mang. Nominating Committee - Horng, Po-Yen; Liao Lien-Heng; Huang, Shen-Yi; Uang, Biing-Jiun; Chen, Chiun Mang. Name of the new position holder: Remuneration Committee - Chen, Chiun Mang; Huang, Shen-Yi; and Huang, Chin-Lin. Nominating Committee: Yen, Tsu-Fang; Liao, Lien-Heng; Chen, Chiun Mang; Huang, Shen-Yi; Huang, Chin-Lin. Resume of the new position holder: Yen, Tsu-Fang /Chairman, Sinon Corporation; Liao, Lien-Heng /Vice Chairman, Sinon Corporation; Chen, Chiun Mang /Independent Director, Sinon Corporation; Huang, Shen-Yi /Independent Director, Sinon Corporation; Huang, Chin-Lin /Independent Director, Sinon Corporation.お知らせ • Jun 28Sinon Corporation Replaces Yen, Tsu-Fang with Li, Chien-Min as General ManagerSinon Corporation replaced Yen, Tsu-Fang with Li, Chien-Min, Vice General Manager, Sinon Corporation as General Manager with effect from July 1, 2023.お知らせ • Jun 01Sinon Corporation Announces Board ChangesSinon Corporation approved the appointment of Huang, Chin-Lin as Independent Director.お知らせ • May 31Sinon Corporation Announces Executive ChangesSinon Corporation announces election of Chairman and Vice chairman. Name of the previous position holder: (1)Chairman: Horng, Po-Yen (2)Vice chairman: Chiawen Investment Ltd. Representative: Liao, Lien-Heng 4.Resume of the previous position holder: (1)Horng, Po-Yen /Chairman, Sinon Corporation (2)Chiawen Investment Ltd. Representative: Liao, Lien-Heng /Vice Chairman, Sinon Corporation 5.Name of the new position holder: (1)Chairman: Yen, Tsu-Fang (2)Vice chairman: Chiawen Investment Ltd. Representative: Liao, Lien-Heng 6.Resume of the new position holder: (1)Yen, Tsu-Fang /General Manager, Sinon Corporation (2)Chiawen Investment Ltd. Representative: Liao, Lien-Heng. Date of change is May 30, 2023.Upcoming Dividend • Mar 09Upcoming dividend of NT$2.80 per share at 6.7% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (7.5%).Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$3.92 (vs NT$2.19 in FY 2021)Full year 2022 results: EPS: NT$3.92 (up from NT$2.19 in FY 2021). Revenue: NT$23.0b (up 24% from FY 2021). Net income: NT$1.65b (up 79% from FY 2021). Profit margin: 7.2% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% 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. 6 non-independent directors. Independent Director Sheng-Yi Huang 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 • Nov 06Third quarter 2022 earnings released: EPS: NT$1.26 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.26 (up from NT$0.62 in 3Q 2021). Revenue: NT$5.85b (up 27% from 3Q 2021). Net income: NT$529.4m (up 104% from 3Q 2021). Profit margin: 9.1% (up from 5.6% in 3Q 2021). The increase in margin was driven by higher revenue. 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 26% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$43.80, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 183% over the past three years.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$0.98 (vs NT$0.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.98 (up from NT$0.51 in 2Q 2021). Revenue: NT$6.09b (up 29% from 2Q 2021). Net income: NT$411.9m (up 91% from 2Q 2021). Profit margin: 6.8% (up from 4.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year.Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$1.13 (vs NT$0.60 in 1Q 2021)First quarter 2022 results: EPS: NT$1.13 (up from NT$0.60 in 1Q 2021). Revenue: NT$6.07b (up 26% from 1Q 2021). Net income: NT$475.9m (up 88% from 1Q 2021). Profit margin: 7.8% (up from 5.2% in 1Q 2021). 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 whereas the company’s share price has increased by 19% 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. 6 non-independent directors. Independent Director Sheng-Yi Huang 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.Upcoming Dividend • Mar 31Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (6.4%).Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$33.65, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 139% over the past three years.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.51 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.61b (up 5.1% from 3Q 2020). Net income: NT$260.1m (up 21% from 3Q 2020). Profit margin: 5.6% (up from 4.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.85 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$4.73b (up 7.2% from 2Q 2020). Net income: NT$216.0m (down 40% from 2Q 2020). Profit margin: 4.6% (down from 8.1% 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 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.60 (vs NT$0.049 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.83b (up 3.0% from 1Q 2020). Net income: NT$252.6m (up NT$232.0m from 1Q 2020). Profit margin: 5.2% (up from 0.4% in 1Q 2020). The increase in margin was primarily driven by higher revenue. 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 10% per year.分析記事 • Apr 27Is Sinon Corporation (TPE:1712) A Smart Pick For Income Investors?Is Sinon Corporation ( TPE:1712 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Upcoming Dividend • Apr 01Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 10 May 2021. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (3.4%).お知らせ • Mar 21Sinon Corporation Approves Dividend for the Period from Jan. 1, 2020 to Dec. 1, 2020The Board of Directors of Sinon Corporation approved dividend distribution to shareholders of TWD 1.3 per share for the period from Jan. 1, 2020 to Dec. 1, 2020.お知らせ • Mar 20Sinon Corporation, Annual General Meeting, Jun 22, 2021Sinon Corporation, Annual General Meeting, Jun 22, 2021. Location: Evergreen Laurel Hotel(Taichung) (Located at No. 666, Sec. 2 Taiwan Boulevard Taichung City Taiwan Agenda: To report on the Company’s 2020 business operations; to consider the Audit committee's review report in 2020 of the Company; to report on allocation of remuneration to the employees and directors; to report on the 2020 appropriations of earnings in cash dividends; to report on the amendment to Ethical Corporate Management Best Practice Principles; to ratify the Company’s 2020 business report and financial statements; and to consider other discussion proposals and extempore motion.Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$1.70 (vs NT$1.61 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$17.5b (up 2.4% from FY 2019). Net income: NT$715.6m (up 6.0% from FY 2019). Profit margin: 4.1% (up from 4.0% in FY 2019). The increase in margin was 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 9% per year, which means it is well ahead of earnings.分析記事 • Mar 13What We Make Of Sinon's (TPE:1712) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Is New 90 Day High Low • Mar 09New 90-day high: NT$21.75The company is up 5.0% from its price of NT$20.75 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.分析記事 • Feb 26Here's Why I Think Sinon (TPE:1712) Is An Interesting StockLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...分析記事 • Feb 11Sinon (TPE:1712) Is Growing Earnings But Are They A Good Guide?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...分析記事 • Jan 29Is Sinon (TPE:1712) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 16Sinon Corporation (TPE:1712) Is Yielding 6.2% - But Is It A Buy?Dividend paying stocks like Sinon Corporation ( TPE:1712 ) tend to be popular with investors, and for good reason...分析記事 • Jan 03Sinon Corporation's (TPE:1712) Stock Has Fared Decently: Is the Market Following Strong Financials?Sinon's (TPE:1712) stock up by 9.7% over the past three months. Since the market usually pay for a company’s long-term...Is New 90 Day High Low • Dec 29New 90-day high: NT$21.30The company is up 8.0% from its price of NT$19.70 on 30 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.分析記事 • Dec 21Sinon (TPE:1712) Has Gifted Shareholders With A Fantastic 110% Total Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...分析記事 • Dec 08Here’s What’s Happening With Returns At Sinon (TPE:1712)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Nov 25Here's Why We Think Sinon (TPE:1712) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$0.51The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$4.39b (up 2.4% from 3Q 2019). Net income: NT$214.6m (up 112% from 3Q 2019). Profit margin: 4.9% (up from 2.4% 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 2% per year whereas the company’s share price has increased by 3% per year.収支内訳Sinon 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:1712 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 2618,5071,0424,15019631 Dec 2518,6101,0944,17420530 Sep 2518,5931,1034,09521930 Jun 2518,8831,1144,13721831 Mar 2518,8171,0454,17221831 Dec 2418,9281,0494,06621030 Sep 2419,0871,0214,01621830 Jun 2419,3191,0233,86122031 Mar 2418,9991,0713,70321431 Dec 2319,1131,0533,65721330 Sep 2319,6251,0813,67722330 Jun 2320,5771,3633,88222831 Mar 2322,0931,4954,08322331 Dec 2223,0431,6504,23722430 Sep 2222,4921,6094,38120030 Jun 2221,2541,3404,19518731 Mar 2219,8901,1444,05019031 Dec 2118,6469213,88518530 Sep 2118,1688513,76018630 Jun 2117,9448063,68218631 Mar 2117,6279483,61418531 Dec 2017,4847163,54218430 Sep 2017,5387643,48018030 Jun 2017,4366513,50316631 Mar 2017,1864953,48015031 Dec 1917,0816753,51813730 Sep 1917,1576473,60512330 Jun 1917,4306663,65712531 Mar 1918,4707823,87112631 Dec 1818,1347273,83712830 Sep 1818,4146733,85613430 Jun 1818,2867133,85713731 Mar 1817,3965873,68814031 Dec 1717,2845783,68613830 Sep 1716,8066533,66813730 Jun 1716,4035813,62613731 Mar 1716,2245313,61814231 Dec 1616,2895543,67915330 Sep 1616,6265923,83515530 Jun 1616,8975203,85417231 Mar 1617,2225013,86118431 Dec 1517,7323533,81019130 Sep 1517,6062563,68718830 Jun 1517,6353173,601188質の高い収益: 1712は 高品質の収益 を持っています。利益率の向上: 1712の現在の純利益率 (5.6%)は、昨年(5.6%)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: 1712の収益は過去 5 年間で年間0.3%減少しました。成長の加速: 1712は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 1712は過去 1 年間で収益成長率がマイナス ( -0.3% ) となったため、 Chemicals業界平均 ( -7.2% ) と比較することが困難です。株主資本利益率高いROE: 1712の 自己資本利益率 ( 13.3% ) 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2026/05/21 14:39終値2026/05/21 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Sinon 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。3 アナリスト機関Xuanyi YangCapital Securities CorporationLinghui ChiouMasterlink Securities Investment AdvisoryRobbie TsengYuanta Research
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.67 (vs NT$0.80 in 1Q 2025)First quarter 2026 results: EPS: NT$0.67 (down from NT$0.80 in 1Q 2025). Revenue: NT$4.80b (down 2.1% from 1Q 2025). Net income: NT$283.2m (down 15% from 1Q 2025). Profit margin: 5.9% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$2.60 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$2.60 (up from NT$2.50 in FY 2024). Revenue: NT$18.6b (down 1.7% from FY 2024). Net income: NT$1.09b (up 4.2% from FY 2024). Profit margin: 5.9% (up from 5.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.56 (down from NT$0.58 in 3Q 2024). Revenue: NT$4.37b (down 6.2% from 3Q 2024). Net income: NT$235.2m (down 4.3% from 3Q 2024). Profit margin: 5.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.55 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.71 (up from NT$0.55 in 2Q 2024). Revenue: NT$4.96b (up 1.4% from 2Q 2024). Net income: NT$299.6m (up 30% from 2Q 2024). Profit margin: 6.0% (up from 4.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.80 (vs NT$0.81 in 1Q 2024)First quarter 2025 results: EPS: NT$0.80 (down from NT$0.81 in 1Q 2024). Revenue: NT$4.90b (down 2.2% from 1Q 2024). Net income: NT$334.8m (down 1.2% from 1Q 2024). Profit margin: 6.8% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • May 01Sinon Corporation to Report Q1, 2025 Results on May 09, 2025Sinon Corporation announced that they will report Q1, 2025 results on May 09, 2025
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.67 (vs NT$0.80 in 1Q 2025)First quarter 2026 results: EPS: NT$0.67 (down from NT$0.80 in 1Q 2025). Revenue: NT$4.80b (down 2.1% from 1Q 2025). Net income: NT$283.2m (down 15% from 1Q 2025). Profit margin: 5.9% (down from 6.8% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Mar 18Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$44.30. The fair value is estimated to be NT$57.04, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.0% over the last 3 years. Earnings per share has declined by 12%.
お知らせ • Mar 02Sinon Corporation, Annual General Meeting, May 26, 2026Sinon Corporation, Annual General Meeting, May 26, 2026, at 09:30 Taipei Standard Time. Location: no,666, t`ai wan ta tao, hsi tun district, taichung city Taiwan
Declared Dividend • Mar 02Dividend of NT$2.50 announcedDividend of NT$2.50 is the same as last year. Ex-date: 18th March 2026 Payment date: 16th April 2026 Dividend yield will be 5.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio). However, it is covered by cash flows (64% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 5.9% to bring the payout ratio under control, which is less than the 8.9% EPS growth achieved over the last 5 years.
Reported Earnings • Feb 27Full year 2025 earnings released: EPS: NT$2.60 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$2.60 (up from NT$2.50 in FY 2024). Revenue: NT$18.6b (down 1.7% from FY 2024). Net income: NT$1.09b (up 4.2% from FY 2024). Profit margin: 5.9% (up from 5.5% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Feb 27Sinon Corporation announces Annual dividend, payable on April 16, 2026Sinon Corporation announced Annual dividend of TWD 2.5000 per share payable on April 16, 2026, ex-date on March 18, 2026 and record date on March 19, 2026.
Buy Or Sell Opportunity • Jan 26Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 8.1% to NT$46.85. The fair value is estimated to be NT$39.03, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.9% over the last 3 years. Earnings per share has declined by 16%.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.58 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.56 (down from NT$0.58 in 3Q 2024). Revenue: NT$4.37b (down 6.2% from 3Q 2024). Net income: NT$235.2m (down 4.3% from 3Q 2024). Profit margin: 5.4% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.55 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.71 (up from NT$0.55 in 2Q 2024). Revenue: NT$4.96b (up 1.4% from 2Q 2024). Net income: NT$299.6m (up 30% from 2Q 2024). Profit margin: 6.0% (up from 4.7% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.80 (vs NT$0.81 in 1Q 2024)First quarter 2025 results: EPS: NT$0.80 (down from NT$0.81 in 1Q 2024). Revenue: NT$4.90b (down 2.2% from 1Q 2024). Net income: NT$334.8m (down 1.2% from 1Q 2024). Profit margin: 6.8% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • May 01Sinon Corporation to Report Q1, 2025 Results on May 09, 2025Sinon Corporation announced that they will report Q1, 2025 results on May 09, 2025
分析記事 • Mar 11Sinon (TWSE:1712) Is Paying Out Less In Dividends Than Last YearSinon Corporation's ( TWSE:1712 ) dividend is being reduced from last year's payment covering the same period to...
分析記事 • Feb 25Sinon (TWSE:1712) Has Announced That Its Dividend Will Be Reduced To NT$2.50Sinon Corporation ( TWSE:1712 ) has announced it will be reducing its dividend payable on the 16th of April to NT$2.50...
Declared Dividend • Feb 24Dividend reduced to NT$2.50Dividend of NT$2.50 is 11% lower than last year. Ex-date: 13th March 2025 Payment date: 16th April 2025 Dividend yield will be 5.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (115% earnings payout ratio) nor is it covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 28% to bring the payout ratio under control, which is more than the 9.2% EPS growth achieved over the last 5 years.
お知らせ • Feb 24Sinon Corporation, Annual General Meeting, May 26, 2025Sinon Corporation, Annual General Meeting, May 26, 2025. Location: no,666, t`ai wan ta tao, hsi tun district, taichung city Taiwan
Reported Earnings • Feb 23Full year 2024 earnings released: EPS: NT$2.50 (vs NT$2.50 in FY 2023)Full year 2024 results: EPS: NT$2.50 (down from NT$2.50 in FY 2023). Revenue: NT$18.9b (down 1.0% from FY 2023). Net income: NT$1.05b (flat on FY 2023). Profit margin: 5.5% (in line with FY 2023). 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 12% per year, which means it is well ahead of earnings.
お知らせ • Feb 22Sinon Corporation Announces Cash Dividend for the Year Ended December 31, 2024, Payable on April 16, 2025Sinon Corporation announced cash dividend of TWD 2.5 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders TWD 1,051,231,463. Ex-rights (ex-dividend) trading date: March 13, 2025. Ex-rights (ex-dividend) record date: March 20, 2025. Payment date of common stock cash dividend distribution: April 16, 2025.
お知らせ • Feb 14Sinon Corporation to Report Fiscal Year 2024 Results on Feb 21, 2025Sinon Corporation announced that they will report fiscal year 2024 results on Feb 21, 2025
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.58 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.58 (down from NT$0.59 in 3Q 2023). Revenue: NT$4.66b (down 4.7% from 3Q 2023). Net income: NT$245.8m (flat on 3Q 2023). Profit margin: 5.3% (up from 5.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.67 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.55 (down from NT$0.67 in 2Q 2023). Revenue: NT$4.90b (up 7.0% from 2Q 2023). Net income: NT$230.9m (down 18% from 2Q 2023). Profit margin: 4.7% (down from 6.1% in 2Q 2023). 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 but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 02Sinon Corporation to Report Q2, 2024 Results on Aug 09, 2024Sinon Corporation announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.81 (vs NT$0.76 in 1Q 2023)First quarter 2024 results: EPS: NT$0.81 (up from NT$0.76 in 1Q 2023). Revenue: NT$5.01b (down 2.2% from 1Q 2023). Net income: NT$338.9m (up 5.8% from 1Q 2023). Profit margin: 6.8% (up from 6.3% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Sinon Corporation to Report Q1, 2024 Results on May 10, 2024Sinon Corporation announced that they will report Q1, 2024 results on May 10, 2024
Upcoming Dividend • Mar 07Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 14 March 2024. Payment date: 16 April 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (4.0%).
分析記事 • Feb 28Sinon (TWSE:1712) Will Pay A Dividend Of NT$2.80The board of Sinon Corporation ( TWSE:1712 ) has announced that it will pay a dividend on the 16th of April, with...
Reported Earnings • Feb 25Full year 2023 earnings released: EPS: NT$2.50 (vs NT$3.93 in FY 2022)Full year 2023 results: EPS: NT$2.50 (down from NT$3.93 in FY 2022). Revenue: NT$19.1b (down 17% from FY 2022). Net income: NT$1.05b (down 36% from FY 2022). Profit margin: 5.5% (down from 7.2% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 24+ 1 more updateSinon Corporation, Annual General Meeting, May 31, 2024Sinon Corporation, Annual General Meeting, May 31, 2024. Location: Evergreen Laurel Hotel(Taichung) No. 666, Sec. 2 Taiwan Boulevard Taichung City Taiwan Agenda: To consider the report on the Company’s 2023 business operations; to consider the audit committee's review report in 2023 of the Company; to consider the report on the Company’s 2023 distribution of remunerations to employees and directors; to consider the report on the proposal of cash dividends of surplus earnings; to consider the distribution for the Company in 2023; to ratify the Company’s 2023 business report and financial statements; and to discuss the amendment to the Company’s “Procedure for Acquisition and Disposal of Assets”n.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$0.59 (vs NT$1.26 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.59 (down from NT$1.26 in 3Q 2022). Revenue: NT$4.89b (down 16% from 3Q 2022). Net income: NT$247.5m (down 53% from 3Q 2022). Profit margin: 5.1% (down from 9.1% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year.
Buying Opportunity • Aug 16Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$44.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last 3 years. Earnings per share has grown by 30%.
Reported Earnings • Aug 06Second quarter 2023 earnings released: EPS: NT$0.67 (vs NT$0.98 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.67 (down from NT$0.98 in 2Q 2022). Revenue: NT$4.58b (down 25% from 2Q 2022). Net income: NT$279.7m (down 32% from 2Q 2022). Profit margin: 6.1% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 22% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 29Sinon Corporation Announces Changes to the Remuneration Committee and Nominating CommitteeSinon Corporation announced changes to the remuneration committee and nominating committee with effect from June 27, 2023. Name of the previous position holder: Remuneration Committee - Huang, Shen-Yi; Uang, Biing-Jiun; and Chen, Chiun Mang. Nominating Committee - Horng, Po-Yen; Liao Lien-Heng; Huang, Shen-Yi; Uang, Biing-Jiun; Chen, Chiun Mang. Name of the new position holder: Remuneration Committee - Chen, Chiun Mang; Huang, Shen-Yi; and Huang, Chin-Lin. Nominating Committee: Yen, Tsu-Fang; Liao, Lien-Heng; Chen, Chiun Mang; Huang, Shen-Yi; Huang, Chin-Lin. Resume of the new position holder: Yen, Tsu-Fang /Chairman, Sinon Corporation; Liao, Lien-Heng /Vice Chairman, Sinon Corporation; Chen, Chiun Mang /Independent Director, Sinon Corporation; Huang, Shen-Yi /Independent Director, Sinon Corporation; Huang, Chin-Lin /Independent Director, Sinon Corporation.
お知らせ • Jun 28Sinon Corporation Replaces Yen, Tsu-Fang with Li, Chien-Min as General ManagerSinon Corporation replaced Yen, Tsu-Fang with Li, Chien-Min, Vice General Manager, Sinon Corporation as General Manager with effect from July 1, 2023.
お知らせ • Jun 01Sinon Corporation Announces Board ChangesSinon Corporation approved the appointment of Huang, Chin-Lin as Independent Director.
お知らせ • May 31Sinon Corporation Announces Executive ChangesSinon Corporation announces election of Chairman and Vice chairman. Name of the previous position holder: (1)Chairman: Horng, Po-Yen (2)Vice chairman: Chiawen Investment Ltd. Representative: Liao, Lien-Heng 4.Resume of the previous position holder: (1)Horng, Po-Yen /Chairman, Sinon Corporation (2)Chiawen Investment Ltd. Representative: Liao, Lien-Heng /Vice Chairman, Sinon Corporation 5.Name of the new position holder: (1)Chairman: Yen, Tsu-Fang (2)Vice chairman: Chiawen Investment Ltd. Representative: Liao, Lien-Heng 6.Resume of the new position holder: (1)Yen, Tsu-Fang /General Manager, Sinon Corporation (2)Chiawen Investment Ltd. Representative: Liao, Lien-Heng. Date of change is May 30, 2023.
Upcoming Dividend • Mar 09Upcoming dividend of NT$2.80 per share at 6.7% yieldEligible shareholders must have bought the stock before 16 March 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (7.5%).
Reported Earnings • Feb 26Full year 2022 earnings released: EPS: NT$3.92 (vs NT$2.19 in FY 2021)Full year 2022 results: EPS: NT$3.92 (up from NT$2.19 in FY 2021). Revenue: NT$23.0b (up 24% from FY 2021). Net income: NT$1.65b (up 79% from FY 2021). Profit margin: 7.2% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 27% 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. 6 non-independent directors. Independent Director Sheng-Yi Huang 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 • Nov 06Third quarter 2022 earnings released: EPS: NT$1.26 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.26 (up from NT$0.62 in 3Q 2021). Revenue: NT$5.85b (up 27% from 3Q 2021). Net income: NT$529.4m (up 104% from 3Q 2021). Profit margin: 9.1% (up from 5.6% in 3Q 2021). The increase in margin was driven by higher revenue. 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 26% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$43.80, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 183% over the past three years.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$0.98 (vs NT$0.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.98 (up from NT$0.51 in 2Q 2021). Revenue: NT$6.09b (up 29% from 2Q 2021). Net income: NT$411.9m (up 91% from 2Q 2021). Profit margin: 6.8% (up from 4.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year and the company’s share price has also increased by 24% per year.
Reported Earnings • May 11First quarter 2022 earnings released: EPS: NT$1.13 (vs NT$0.60 in 1Q 2021)First quarter 2022 results: EPS: NT$1.13 (up from NT$0.60 in 1Q 2021). Revenue: NT$6.07b (up 26% from 1Q 2021). Net income: NT$475.9m (up 88% from 1Q 2021). Profit margin: 7.8% (up from 5.2% in 1Q 2021). 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 whereas the company’s share price has increased by 19% 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. 6 non-independent directors. Independent Director Sheng-Yi Huang 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.
Upcoming Dividend • Mar 31Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 09 May 2022. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (6.4%).
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$33.65, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 139% over the past three years.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.51 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$4.61b (up 5.1% from 3Q 2020). Net income: NT$260.1m (up 21% from 3Q 2020). Profit margin: 5.6% (up from 4.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.85 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$4.73b (up 7.2% from 2Q 2020). Net income: NT$216.0m (down 40% from 2Q 2020). Profit margin: 4.6% (down from 8.1% 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 5% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.60 (vs NT$0.049 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.83b (up 3.0% from 1Q 2020). Net income: NT$252.6m (up NT$232.0m from 1Q 2020). Profit margin: 5.2% (up from 0.4% in 1Q 2020). The increase in margin was primarily driven by higher revenue. 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 10% per year.
分析記事 • Apr 27Is Sinon Corporation (TPE:1712) A Smart Pick For Income Investors?Is Sinon Corporation ( TPE:1712 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Upcoming Dividend • Apr 01Upcoming dividend of NT$1.30 per shareEligible shareholders must have bought the stock before 08 April 2021. Payment date: 10 May 2021. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (3.4%).
お知らせ • Mar 21Sinon Corporation Approves Dividend for the Period from Jan. 1, 2020 to Dec. 1, 2020The Board of Directors of Sinon Corporation approved dividend distribution to shareholders of TWD 1.3 per share for the period from Jan. 1, 2020 to Dec. 1, 2020.
お知らせ • Mar 20Sinon Corporation, Annual General Meeting, Jun 22, 2021Sinon Corporation, Annual General Meeting, Jun 22, 2021. Location: Evergreen Laurel Hotel(Taichung) (Located at No. 666, Sec. 2 Taiwan Boulevard Taichung City Taiwan Agenda: To report on the Company’s 2020 business operations; to consider the Audit committee's review report in 2020 of the Company; to report on allocation of remuneration to the employees and directors; to report on the 2020 appropriations of earnings in cash dividends; to report on the amendment to Ethical Corporate Management Best Practice Principles; to ratify the Company’s 2020 business report and financial statements; and to consider other discussion proposals and extempore motion.
Reported Earnings • Mar 20Full year 2020 earnings released: EPS NT$1.70 (vs NT$1.61 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$17.5b (up 2.4% from FY 2019). Net income: NT$715.6m (up 6.0% from FY 2019). Profit margin: 4.1% (up from 4.0% in FY 2019). The increase in margin was 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 9% per year, which means it is well ahead of earnings.
分析記事 • Mar 13What We Make Of Sinon's (TPE:1712) Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...
Is New 90 Day High Low • Mar 09New 90-day high: NT$21.75The company is up 5.0% from its price of NT$20.75 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.
分析記事 • Feb 26Here's Why I Think Sinon (TPE:1712) Is An Interesting StockLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
分析記事 • Feb 11Sinon (TPE:1712) Is Growing Earnings But Are They A Good Guide?As a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
分析記事 • Jan 29Is Sinon (TPE:1712) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 16Sinon Corporation (TPE:1712) Is Yielding 6.2% - But Is It A Buy?Dividend paying stocks like Sinon Corporation ( TPE:1712 ) tend to be popular with investors, and for good reason...
分析記事 • Jan 03Sinon Corporation's (TPE:1712) Stock Has Fared Decently: Is the Market Following Strong Financials?Sinon's (TPE:1712) stock up by 9.7% over the past three months. Since the market usually pay for a company’s long-term...
Is New 90 Day High Low • Dec 29New 90-day high: NT$21.30The company is up 8.0% from its price of NT$19.70 on 30 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 18% over the same period.
分析記事 • Dec 21Sinon (TPE:1712) Has Gifted Shareholders With A Fantastic 110% Total Return On Their InvestmentWhen you buy and hold a stock for the long term, you definitely want it to provide a positive return. But more than...
分析記事 • Dec 08Here’s What’s Happening With Returns At Sinon (TPE:1712)Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Nov 25Here's Why We Think Sinon (TPE:1712) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$0.51The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$4.39b (up 2.4% from 3Q 2019). Net income: NT$214.6m (up 112% from 3Q 2019). Profit margin: 4.9% (up from 2.4% 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 2% per year whereas the company’s share price has increased by 3% per year.