View Future GrowthEternal Materials 過去の業績過去 基準チェック /26Eternal Materialsの収益は年間平均-19.3%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% 3.5%割合で 減少しています。 Eternal Materialsの自己資本利益率は5.9%であり、純利益率は4.2%です。主要情報-19.35%収益成長率-19.24%EPS成長率Chemicals 業界の成長7.89%収益成長率-3.49%株主資本利益率5.92%ネット・マージン4.24%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025すべての更新を表示Recent updatesBuy Or Sell Opportunity • Jun 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to NT$77.40. The fair value is estimated to be NT$64.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$84.60, the stock trades at a trailing P/E ratio of 57.2x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$64.17 per share.Buy Or Sell Opportunity • May 21Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$79.90. The fair value is estimated to be NT$63.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 26 May 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.80, the stock trades at a trailing P/E ratio of 52.3x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$35.10 per share.Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.お知らせ • Mar 16Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city TaiwanDeclared Dividend • Mar 16Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 24th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 11% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.New Risk • Mar 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (123% cash payout ratio).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.お知らせ • Mar 14Eternal Materials Co., Ltd. announces Annual dividend, payable on May 26, 2026Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 26, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 46.1x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 140% over the past three years.New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 33.9x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.New Risk • Nov 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% 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 Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Jun 26Eternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced the board changes. Title and name of the previous position holder: Director: Yang, Huai-Kung. Independent Director: Chen, I-Heng. Resume of the previous position holder: Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company). Independent Director: Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Title and name of the new position holder: Director: Yang, Chin Ying. Independent Director: Chen, Ting-Yuan. Resume of the new position holder: Director: Yang, Chin Ying, (MBA, University of Dallas, Vice President of ABN AMRO Holding N.V.). Independent Director: Chen, Ting-Yuan (Bachelor of Forestry, National Chung Hsing University, Chairman of Chenta Precision Machinery Industrial Inc.). Effective date of the new appointment is on June 25, 2025.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Upcoming Dividend • Apr 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 April 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$23.75, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 31% over the past three years.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.28 in FY 2023). Revenue: NT$44.2b (up 4.1% from FY 2023). Net income: NT$1.83b (up 22% from FY 2023). Profit margin: 4.2% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Mar 18Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan分析記事 • Mar 17Eternal Materials' (TWSE:1717) Dividend Will Be Increased To NT$1.20Eternal Materials Co., Ltd. ( TWSE:1717 ) has announced that it will be increasing its periodic dividend on the 23rd of...Declared Dividend • Mar 17Dividend increased to NT$1.20Dividend of NT$1.20 is 50% higher than last year. Ex-date: 24th April 2025 Payment date: 23rd May 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (185% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.7% EPS decline seen over the last 5 years.お知らせ • Mar 15Eternal Materials Co., Ltd. announces Annual dividend, payable on May 23, 2025Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 23, 2025, ex-date on April 24, 2025 and record date on April 26, 2025.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.39 (down from NT$0.51 in 3Q 2023). Revenue: NT$11.3b (flat on 3Q 2023). Net income: NT$456.6m (down 24% from 3Q 2023). Profit margin: 4.0% (down from 5.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Sep 04Eternal Materials (TWSE:1717) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.30 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (up from NT$0.30 in 2Q 2023). Revenue: NT$11.6b (up 6.6% from 2Q 2023). Net income: NT$445.5m (up 25% from 2Q 2023). Profit margin: 3.9% (up from 3.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.分析記事 • Aug 06The Returns At Eternal Materials (TWSE:1717) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...お知らせ • Aug 02Eternal Materials Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Eternal Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.38 (up from NT$0.12 in 1Q 2023). Revenue: NT$10.0b (up 4.6% from 1Q 2023). Net income: NT$445.7m (up 226% from 1Q 2023). Profit margin: 4.4% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • May 11Eternal Materials Co., Ltd. Announces Change of Chief Operating Officer of the New Business Development Unit, Effective May 13, 2024Eternal Materials Co., Ltd. announced change of Chief Operating Officer of the New Business Development Unit of the Company. Name, title, and resume of the previous position holder: Pan, Chin-Cheng (Chief Operating Officer of High Performance Materials Division of the Company is hold concurrently of the position of Chief Operating Officer of the New Business Development Unit of the Company). Name, title, and resume of the new position holder: Mao, Hui-Kuan (President and Chief Operating Officer of the Company). Type of the change: Position Adjustment. Reason for the change: For business needs. Effective date: May 13, 2024.お知らせ • May 05Eternal Materials Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Eternal Materials Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (4.0%).分析記事 • Apr 02Here's What To Make Of Eternal Materials' (TWSE:1717) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...お知らせ • Mar 09+ 1 more updateEternal Materials Co., Ltd. Announces Cash Dividend, Payable on May 24, 2024Eternal Materials Co., Ltd. announced appropriations of earnings in cash dividends to shareholders TWD 942,612,387. Ex-rights (ex-dividend) trading date is April 25, 2024; Ex-rights (ex-dividend) record date is May 05, 2024; Payment date of common stock cash dividend distribution is May 24, 2024.分析記事 • Feb 29Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Nov 11Eternal Materials Co., Ltd. Establishes Nominating Committee and Appointment of Its MembersEternal Materials Co., Ltd. Established Nominating Committee and Appointment of Its Members. Name of the new position holder: (1)Hung, Lee-Jung (2)Chen, Yi-Heng (3)Lo, Li-Chun (4)Lu, Chun-Cheng. 6.Resume of the new position holder: (1)The Company's Independent Director (2)The Company's Independent Director (3)The Company's Independent Director (4)The Company's Independent Director. Effective date of the new member: November 10, 2023.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (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 fallen by 6% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (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 fallen by 6% per year whereas the company’s share price has fallen by 7% per year.New Risk • Jun 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin).Upcoming Dividend • Mar 22Upcoming dividend of NT$1.20 per share at 3.8% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.4%).Reported Earnings • Mar 12Full year 2022 earnings released: EPS: NT$2.15 (vs NT$3.01 in FY 2021)Full year 2022 results: EPS: NT$2.15 (down from NT$3.01 in FY 2021). Revenue: NT$49.0b (down 2.9% from FY 2021). Net income: NT$2.62b (down 26% from FY 2021). Profit margin: 5.3% (down from 7.0% in FY 2021). 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 whereas the company’s share price has increased by 9% per year.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$0.83 in 3Q 2021). Revenue: NT$11.7b (down 10% from 3Q 2021). Net income: NT$487.8m (down 50% from 3Q 2021). Profit margin: 4.2% (down from 7.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.1%).Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.72 (down from NT$0.87 in 2Q 2021). Revenue: NT$13.2b (flat on 2Q 2021). Net income: NT$891.0m (down 17% from 2Q 2021). Profit margin: 6.8% (down from 8.1% in 2Q 2021). 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 • Aug 04+ 1 more updateEternal Materials Co., Ltd. Appoints Chu, Jui-Hsin as Chief Information Security Officer, Effective September 1, 2022Eternal Materials Co., Ltd. announced Chu, Jui-Hsin, Chief Administration Officer of the Company as Chief Information Security Officer, effective date is September 1, 2022.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.2%).Board Change • Jul 03Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Jun 25+ 2 more updatesEternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced that title and name of the previous position holder: Director: name and resume of the previous position holder: Director: Kao, Kuo-Lun (Master at University of Southern California, Chairman & CEO of the Company) Director; Kwang Yang Motor Co., Ltd., Representative: Ko, Chun-Ping (Master of Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of New E Materials Co., Ltd.) Director; Kao, Ying-Chih, (Bachelor of Chung Yuan Christian University, Chairman of Orchard Corporation of Taiwan, Director of the Company) Director; Yang, Huai-Kung, (Bachelor of Soochow University, VP & Director of the Company) Direcor; Hsieh, Chin-Kun, (Master of National Sun Yat-Sen University, Consultant, Vice-Chairman, President, COO, Co-CEO of the Company) Director; Shiao, Tzu-Fei, (Master of National Chengchi University, Consultant, Chief Strategy Officer and director of the Company) Director; Yen, Shu-Fen, (Bachelor of National Cheng Kung University, VP, Consultant of the Company) Independent Director; Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director; Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director; Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Name and resume of the new position holder: Director: Kao, Kuo-Lun (MBA, University of Southern California, Chairman & CEO of the Company) Director: Kwang Yang Motor Co. Ltd., Representative: Ko, Chun-Ping(Master of Management Science, Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of the Board of New E Materials Co., Ltd.) Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company) Director: Chen, Jau-Shiuh, (Bachelor of Medicine, National Taiwan University, Visiting Physician at Dept. of Dermatology at NTU Hospital) Director: Kao, Kuo-Hsun, (MBA, City University of Seattle, Director of Chengfu International Investment Co., Ltd.) Director: Huang, Shun-Jen, (Master of Chemistry, National Tsing Hua University, VP, CTO of the Company) Director: Chen, Chin-Yuan, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Director: Liao, Heng-Ning, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Independent Director: Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director: Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director:Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University) Independent Director: Lu, Chun-Cheng, (Master of Law, National ChengchiUniversity, Partner of Huili International Law firm). Effective date of new appointment is June 23, 2022.Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.67 in 1Q 2021)First quarter 2022 results: EPS: NT$0.72 (up from NT$0.67 in 1Q 2021). Revenue: NT$12.4b (up 10% from 1Q 2021). Net income: NT$888.5m (up 7.7% from 1Q 2021). Profit margin: 7.2% (down from 7.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% 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. 6 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.86 (up from NT$2.05 in FY 2020). Revenue: NT$50.5b (up 32% from FY 2020). Net income: NT$3.55b (up 40% from FY 2020). Profit margin: 7.0% (up from 6.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.6% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.2b (up 48% from 2Q 2020). Net income: NT$1.07b (up 65% from 2Q 2020). Profit margin: 8.1% (up from 7.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 26 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$40.75, the stock trades at a trailing P/E ratio of 16x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 71% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 47% from 1Q 2020). Net income: NT$824.6m (up 290% from 1Q 2020). Profit margin: 7.4% (up from 2.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.80, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 98% over the past three years.分析記事 • Apr 21Return Trends At Eternal Materials (TPE:1717) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$2.05 (vs NT$1.99 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$38.4b (down 4.9% from FY 2019). Net income: NT$2.54b (up 3.1% from FY 2019). Profit margin: 6.6% (up from 6.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.分析記事 • Mar 16Eternal Materials Co., Ltd.'s (TPE:1717) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Eternal Materials' (TPE:1717) stock increased significantly by 5.3% over the...分析記事 • Mar 01Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Executive Departure • Feb 15Chief Strategy Officer & Director has left the companyOn the 12th of February, Tzu-Fei Shiao's tenure as Chief Strategy Officer & Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Tzu-Fei's name. A total of 2 executives have left over the last 12 months.分析記事 • Feb 14Is Eternal Materials Co., Ltd. (TPE:1717) The Right Choice For A Smart Dividend Investor?Is Eternal Materials Co., Ltd. ( TPE:1717 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Feb 01Here's Why Eternal Materials (TPE:1717) 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...Is New 90 Day High Low • Jan 29New 90-day low: NT$33.25The company is down 1.0% from its price of NT$33.65 on 30 October 2020. The Taiwanese market is up 22% 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 • Jan 19Calculating The Intrinsic Value Of Eternal Materials Co., Ltd. (TPE:1717)How far off is Eternal Materials Co., Ltd. ( TPE:1717 ) from its intrinsic value? Using the most recent financial data...分析記事 • Jan 04The Returns At Eternal Materials (TPE:1717) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...お知らせ • Dec 26+ 1 more updateEternal Materials Co., Ltd. Appoints Liao, Hen-Ning as Chief Purchasing Officer, with Effect from January 01, 2021Eternal Materials Co., Ltd. announced the appointment of Liao, Hen-Ning as Chief Purchasing Officer, effective Jan 1, 2021.Is New 90 Day High Low • Dec 23New 90-day high: NT$36.90The company is up 13% from its price of NT$32.75 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period.分析記事 • Dec 20Can You Imagine How Eternal Materials' (TPE:1717) Shareholders Feel About The 38% Share Price Increase?The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking...分析記事 • Dec 05Do Fundamentals Have Any Role To Play In Driving Eternal Materials Co., Ltd.'s (TPE:1717) Stock Up Recently?Most readers would already know that Eternal Materials' (TPE:1717) stock increased by 5.4% over the past three months...Is New 90 Day High Low • Nov 26New 90-day high: NT$35.50The company is up 3.0% from its price of NT$34.45 on 28 August 2020. The Taiwanese market is up 7.0% 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 • Nov 20Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.72The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$9.89b (down 5.0% from 3Q 2019). Net income: NT$896.2m (up 56% from 3Q 2019). Profit margin: 9.1% (up from 5.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.収支内訳Eternal Materials 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:1717 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 2640,8671,7354,9541,82331 Dec 2540,6851,6564,8801,79730 Sep 2541,8291,7634,8991,75930 Jun 2543,0661,6454,9811,72931 Mar 2544,2311,7385,0431,66331 Dec 2444,1911,8355,0531,60130 Sep 2443,6831,7574,9521,56930 Jun 2443,6171,9004,8041,54031 Mar 2442,8971,8134,7671,55531 Dec 2342,4521,5044,6841,54830 Sep 2343,4641,4454,8051,61730 Jun 2343,8911,3334,8771,62031 Mar 2346,2261,8665,0531,62531 Dec 2249,0142,6185,2381,64830 Sep 2250,2912,9375,2831,60530 Jun 2251,6073,4305,2891,61331 Mar 2251,6333,6135,1611,57531 Dec 2150,4713,5495,0731,52730 Sep 2149,3203,6654,9891,48530 Jun 2146,1983,5804,8141,44531 Mar 2141,9433,1564,5431,43131 Dec 2038,3702,5434,3621,38530 Sep 2036,6462,3114,2151,36430 Jun 2037,1631,9894,2251,36931 Mar 2038,5551,9474,2351,35331 Dec 1940,3632,4664,1531,36830 Sep 1940,6382,1174,0521,34030 Jun 1941,3941,9714,0251,30531 Mar 1942,8222,0424,0821,30631 Dec 1843,3001,5514,1741,29330 Sep 1843,9952,0204,2711,29230 Jun 1844,1862,0424,3121,29831 Mar 1842,2801,6634,2831,29631 Dec 1741,5511,9104,2641,31330 Sep 1740,7971,6934,2081,36130 Jun 1739,2411,9784,0751,38531 Mar 1739,3022,5554,0311,39831 Dec 1638,6802,6264,0531,40030 Sep 1637,8453,0644,0341,40230 Jun 1637,9243,1134,0481,39731 Mar 1637,9322,8924,0181,41431 Dec 1538,4872,8723,9301,42030 Sep 1539,2202,6033,9231,38330 Jun 1540,1312,5193,8411,364質の高い収益: 1717は 高品質の収益 を持っています。利益率の向上: 1717の現在の純利益率 (4.2%)は、昨年(3.9%)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: 1717の収益は過去 5 年間で年間19.3%減少しました。成長の加速: 1717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: 1717は過去 1 年間で収益成長率がマイナス ( -0.2% ) 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: 1717の 自己資本利益率 ( 5.9% ) 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2026/06/11 01:30終値2026/06/11 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Eternal Materials Co., Ltd. 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。2 アナリスト機関Jianzheng WuCapital Securities CorporationYuhan ChengMasterlink Securities Investment Advisory
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Buy Or Sell Opportunity • Jun 05Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to NT$77.40. The fair value is estimated to be NT$64.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$84.60, the stock trades at a trailing P/E ratio of 57.2x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 181% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$64.17 per share.
Buy Or Sell Opportunity • May 21Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$79.90. The fair value is estimated to be NT$63.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 26 May 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.80, the stock trades at a trailing P/E ratio of 52.3x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$35.10 per share.
Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.
お知らせ • Mar 16Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan
Declared Dividend • Mar 16Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 24th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 11% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.
New Risk • Mar 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% 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 Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (123% cash payout ratio).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
お知らせ • Mar 14Eternal Materials Co., Ltd. announces Annual dividend, payable on May 26, 2026Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 26, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 46.1x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 140% over the past three years.
New Risk • Jan 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 33.9x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.
New Risk • Nov 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% 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 Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Aug 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 26Eternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced the board changes. Title and name of the previous position holder: Director: Yang, Huai-Kung. Independent Director: Chen, I-Heng. Resume of the previous position holder: Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company). Independent Director: Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Title and name of the new position holder: Director: Yang, Chin Ying. Independent Director: Chen, Ting-Yuan. Resume of the new position holder: Director: Yang, Chin Ying, (MBA, University of Dallas, Vice President of ABN AMRO Holding N.V.). Independent Director: Chen, Ting-Yuan (Bachelor of Forestry, National Chung Hsing University, Chairman of Chenta Precision Machinery Industrial Inc.). Effective date of the new appointment is on June 25, 2025.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Upcoming Dividend • Apr 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 April 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$23.75, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.28 in FY 2023). Revenue: NT$44.2b (up 4.1% from FY 2023). Net income: NT$1.83b (up 22% from FY 2023). Profit margin: 4.2% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 18Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan
分析記事 • Mar 17Eternal Materials' (TWSE:1717) Dividend Will Be Increased To NT$1.20Eternal Materials Co., Ltd. ( TWSE:1717 ) has announced that it will be increasing its periodic dividend on the 23rd of...
Declared Dividend • Mar 17Dividend increased to NT$1.20Dividend of NT$1.20 is 50% higher than last year. Ex-date: 24th April 2025 Payment date: 23rd May 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (185% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.7% EPS decline seen over the last 5 years.
お知らせ • Mar 15Eternal Materials Co., Ltd. announces Annual dividend, payable on May 23, 2025Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 23, 2025, ex-date on April 24, 2025 and record date on April 26, 2025.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.39 (down from NT$0.51 in 3Q 2023). Revenue: NT$11.3b (flat on 3Q 2023). Net income: NT$456.6m (down 24% from 3Q 2023). Profit margin: 4.0% (down from 5.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Sep 04Eternal Materials (TWSE:1717) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.30 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (up from NT$0.30 in 2Q 2023). Revenue: NT$11.6b (up 6.6% from 2Q 2023). Net income: NT$445.5m (up 25% from 2Q 2023). Profit margin: 3.9% (up from 3.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
分析記事 • Aug 06The Returns At Eternal Materials (TWSE:1717) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
お知らせ • Aug 02Eternal Materials Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Eternal Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.38 (up from NT$0.12 in 1Q 2023). Revenue: NT$10.0b (up 4.6% from 1Q 2023). Net income: NT$445.7m (up 226% from 1Q 2023). Profit margin: 4.4% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • May 11Eternal Materials Co., Ltd. Announces Change of Chief Operating Officer of the New Business Development Unit, Effective May 13, 2024Eternal Materials Co., Ltd. announced change of Chief Operating Officer of the New Business Development Unit of the Company. Name, title, and resume of the previous position holder: Pan, Chin-Cheng (Chief Operating Officer of High Performance Materials Division of the Company is hold concurrently of the position of Chief Operating Officer of the New Business Development Unit of the Company). Name, title, and resume of the new position holder: Mao, Hui-Kuan (President and Chief Operating Officer of the Company). Type of the change: Position Adjustment. Reason for the change: For business needs. Effective date: May 13, 2024.
お知らせ • May 05Eternal Materials Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Eternal Materials Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (4.0%).
分析記事 • Apr 02Here's What To Make Of Eternal Materials' (TWSE:1717) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
お知らせ • Mar 09+ 1 more updateEternal Materials Co., Ltd. Announces Cash Dividend, Payable on May 24, 2024Eternal Materials Co., Ltd. announced appropriations of earnings in cash dividends to shareholders TWD 942,612,387. Ex-rights (ex-dividend) trading date is April 25, 2024; Ex-rights (ex-dividend) record date is May 05, 2024; Payment date of common stock cash dividend distribution is May 24, 2024.
分析記事 • Feb 29Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Nov 11Eternal Materials Co., Ltd. Establishes Nominating Committee and Appointment of Its MembersEternal Materials Co., Ltd. Established Nominating Committee and Appointment of Its Members. Name of the new position holder: (1)Hung, Lee-Jung (2)Chen, Yi-Heng (3)Lo, Li-Chun (4)Lu, Chun-Cheng. 6.Resume of the new position holder: (1)The Company's Independent Director (2)The Company's Independent Director (3)The Company's Independent Director (4)The Company's Independent Director. Effective date of the new member: November 10, 2023.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (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 fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (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 fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
New Risk • Jun 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.0% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin).
Upcoming Dividend • Mar 22Upcoming dividend of NT$1.20 per share at 3.8% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.4%).
Reported Earnings • Mar 12Full year 2022 earnings released: EPS: NT$2.15 (vs NT$3.01 in FY 2021)Full year 2022 results: EPS: NT$2.15 (down from NT$3.01 in FY 2021). Revenue: NT$49.0b (down 2.9% from FY 2021). Net income: NT$2.62b (down 26% from FY 2021). Profit margin: 5.3% (down from 7.0% in FY 2021). 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 whereas the company’s share price has increased by 9% per year.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$0.83 in 3Q 2021). Revenue: NT$11.7b (down 10% from 3Q 2021). Net income: NT$487.8m (down 50% from 3Q 2021). Profit margin: 4.2% (down from 7.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.1%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.72 (down from NT$0.87 in 2Q 2021). Revenue: NT$13.2b (flat on 2Q 2021). Net income: NT$891.0m (down 17% from 2Q 2021). Profit margin: 6.8% (down from 8.1% in 2Q 2021). 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 • Aug 04+ 1 more updateEternal Materials Co., Ltd. Appoints Chu, Jui-Hsin as Chief Information Security Officer, Effective September 1, 2022Eternal Materials Co., Ltd. announced Chu, Jui-Hsin, Chief Administration Officer of the Company as Chief Information Security Officer, effective date is September 1, 2022.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.2%).
Board Change • Jul 03Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Jun 25+ 2 more updatesEternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced that title and name of the previous position holder: Director: name and resume of the previous position holder: Director: Kao, Kuo-Lun (Master at University of Southern California, Chairman & CEO of the Company) Director; Kwang Yang Motor Co., Ltd., Representative: Ko, Chun-Ping (Master of Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of New E Materials Co., Ltd.) Director; Kao, Ying-Chih, (Bachelor of Chung Yuan Christian University, Chairman of Orchard Corporation of Taiwan, Director of the Company) Director; Yang, Huai-Kung, (Bachelor of Soochow University, VP & Director of the Company) Direcor; Hsieh, Chin-Kun, (Master of National Sun Yat-Sen University, Consultant, Vice-Chairman, President, COO, Co-CEO of the Company) Director; Shiao, Tzu-Fei, (Master of National Chengchi University, Consultant, Chief Strategy Officer and director of the Company) Director; Yen, Shu-Fen, (Bachelor of National Cheng Kung University, VP, Consultant of the Company) Independent Director; Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director; Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director; Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Name and resume of the new position holder: Director: Kao, Kuo-Lun (MBA, University of Southern California, Chairman & CEO of the Company) Director: Kwang Yang Motor Co. Ltd., Representative: Ko, Chun-Ping(Master of Management Science, Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of the Board of New E Materials Co., Ltd.) Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company) Director: Chen, Jau-Shiuh, (Bachelor of Medicine, National Taiwan University, Visiting Physician at Dept. of Dermatology at NTU Hospital) Director: Kao, Kuo-Hsun, (MBA, City University of Seattle, Director of Chengfu International Investment Co., Ltd.) Director: Huang, Shun-Jen, (Master of Chemistry, National Tsing Hua University, VP, CTO of the Company) Director: Chen, Chin-Yuan, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Director: Liao, Heng-Ning, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Independent Director: Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director: Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director:Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University) Independent Director: Lu, Chun-Cheng, (Master of Law, National ChengchiUniversity, Partner of Huili International Law firm). Effective date of new appointment is June 23, 2022.
Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.67 in 1Q 2021)First quarter 2022 results: EPS: NT$0.72 (up from NT$0.67 in 1Q 2021). Revenue: NT$12.4b (up 10% from 1Q 2021). Net income: NT$888.5m (up 7.7% from 1Q 2021). Profit margin: 7.2% (down from 7.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% 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. 6 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.86 (up from NT$2.05 in FY 2020). Revenue: NT$50.5b (up 32% from FY 2020). Net income: NT$3.55b (up 40% from FY 2020). Profit margin: 7.0% (up from 6.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.6% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.2b (up 48% from 2Q 2020). Net income: NT$1.07b (up 65% from 2Q 2020). Profit margin: 8.1% (up from 7.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 26 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$40.75, the stock trades at a trailing P/E ratio of 16x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 47% from 1Q 2020). Net income: NT$824.6m (up 290% from 1Q 2020). Profit margin: 7.4% (up from 2.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.80, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 98% over the past three years.
分析記事 • Apr 21Return Trends At Eternal Materials (TPE:1717) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$2.05 (vs NT$1.99 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$38.4b (down 4.9% from FY 2019). Net income: NT$2.54b (up 3.1% from FY 2019). Profit margin: 6.6% (up from 6.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year and the company’s share price has also increased by 9% per year.
分析記事 • Mar 16Eternal Materials Co., Ltd.'s (TPE:1717) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Eternal Materials' (TPE:1717) stock increased significantly by 5.3% over the...
分析記事 • Mar 01Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Executive Departure • Feb 15Chief Strategy Officer & Director has left the companyOn the 12th of February, Tzu-Fei Shiao's tenure as Chief Strategy Officer & Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Tzu-Fei's name. A total of 2 executives have left over the last 12 months.
分析記事 • Feb 14Is Eternal Materials Co., Ltd. (TPE:1717) The Right Choice For A Smart Dividend Investor?Is Eternal Materials Co., Ltd. ( TPE:1717 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Feb 01Here's Why Eternal Materials (TPE:1717) 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...
Is New 90 Day High Low • Jan 29New 90-day low: NT$33.25The company is down 1.0% from its price of NT$33.65 on 30 October 2020. The Taiwanese market is up 22% 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 • Jan 19Calculating The Intrinsic Value Of Eternal Materials Co., Ltd. (TPE:1717)How far off is Eternal Materials Co., Ltd. ( TPE:1717 ) from its intrinsic value? Using the most recent financial data...
分析記事 • Jan 04The Returns At Eternal Materials (TPE:1717) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
お知らせ • Dec 26+ 1 more updateEternal Materials Co., Ltd. Appoints Liao, Hen-Ning as Chief Purchasing Officer, with Effect from January 01, 2021Eternal Materials Co., Ltd. announced the appointment of Liao, Hen-Ning as Chief Purchasing Officer, effective Jan 1, 2021.
Is New 90 Day High Low • Dec 23New 90-day high: NT$36.90The company is up 13% from its price of NT$32.75 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period.
分析記事 • Dec 20Can You Imagine How Eternal Materials' (TPE:1717) Shareholders Feel About The 38% Share Price Increase?The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking...
分析記事 • Dec 05Do Fundamentals Have Any Role To Play In Driving Eternal Materials Co., Ltd.'s (TPE:1717) Stock Up Recently?Most readers would already know that Eternal Materials' (TPE:1717) stock increased by 5.4% over the past three months...
Is New 90 Day High Low • Nov 26New 90-day high: NT$35.50The company is up 3.0% from its price of NT$34.45 on 28 August 2020. The Taiwanese market is up 7.0% 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 • Nov 20Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.72The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$9.89b (down 5.0% from 3Q 2019). Net income: NT$896.2m (up 56% from 3Q 2019). Profit margin: 9.1% (up from 5.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.