China GlazeLtd（1809）株式概要陶磁器釉薬の製造・販売を行う中国釉薬株式会社。 詳細1809 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績2/6財務の健全性4/6配当金0/6リスク分析TW市場と比較して、過去 3 か月間の株価の変動が非常に大きい利益率(1.3%)は昨年より低い(1.9%) すべてのリスクチェックを見る1809 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$53.7057.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-34m3b2016201920222025202620282031Revenue NT$2.9bEarnings NT$37.3mAdvancedSet Fair ValueView all narrativesChina Glaze Co.,Ltd. 競合他社Taiwan Hopax Chemicals ManufacturingSymbol: TPEX:6509Market cap: NT$9.8bPlum-Monix IndustrySymbol: TPEX:6990Market cap: NT$10.2bJohnson Fine ChemicalSymbol: TPEX:7763Market cap: NT$12.7bDingZing Advanced MaterialsSymbol: TWSE:6585Market cap: NT$8.9b価格と性能株価の高値、安値、推移の概要China GlazeLtd過去の株価現在の株価NT$53.7052週高値NT$61.8052週安値NT$14.85ベータ1.181ヶ月の変化49.17%3ヶ月変化126.58%1年変化220.60%3年間の変化262.84%5年間の変化265.31%IPOからの変化147.39%最新ニュースNew Risk • 9hNew major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.05 (vs NT$0.052 in 1Q 2025)First quarter 2026 results: EPS: NT$0.05. Revenue: NT$592.3m (up 2.9% from 1Q 2025). Net income: NT$8.92m (up 2.0% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.19 (vs NT$0.33 in FY 2024)Full year 2025 results: EPS: NT$0.19 (down from NT$0.33 in FY 2024). Revenue: NT$2.50b (up 3.4% from FY 2024). Net income: NT$32.1m (down 41% from FY 2024). Profit margin: 1.3% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.New Risk • Mar 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.3% 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 Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Mar 13China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county TaiwanNew Risk • Jan 19New 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 6.9% 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. This is currently the only risk that has been identified for the company.最新情報をもっと見るRecent updatesNew Risk • 9hNew major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.05 (vs NT$0.052 in 1Q 2025)First quarter 2026 results: EPS: NT$0.05. Revenue: NT$592.3m (up 2.9% from 1Q 2025). Net income: NT$8.92m (up 2.0% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.19 (vs NT$0.33 in FY 2024)Full year 2025 results: EPS: NT$0.19 (down from NT$0.33 in FY 2024). Revenue: NT$2.50b (up 3.4% from FY 2024). Net income: NT$32.1m (down 41% from FY 2024). Profit margin: 1.3% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.New Risk • Mar 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.3% 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 Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Mar 13China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county TaiwanNew Risk • Jan 19New 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 6.9% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.11 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (down from NT$0.11 in 3Q 2024). Revenue: NT$660.5m (up 18% from 3Q 2024). Net income: NT$4.35m (down 77% from 3Q 2024). Profit margin: 0.7% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.07b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (NT$3.07b market cap, or US$99.7m).New Risk • Aug 20New 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 6.1% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.044 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.04 (down from NT$0.044 in 2Q 2024). Revenue: NT$624.7m (flat on 2Q 2024). Net income: NT$6.01m (down 18% from 2Q 2024). Profit margin: 1.0% (down from 1.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$19.35, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 63% over the past three years.Declared Dividend • Jul 05Dividend increased to NT$0.25Dividend of NT$0.25 is 25% higher than last year. Ex-date: 18th July 2025 Payment date: 15th August 2025 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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 grow by 2.7% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.お知らせ • Jun 20China Glaze Co.,Ltd. Approves Cash Dividend for the Year 2024China Glaze Co.,Ltd. at its AGM held on June 19, 2025, approved cash dividend distributed to shareholders of TWD 41,760,485 at TWD 0.25 per share for the year 2024.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.11 in 1Q 2024)First quarter 2025 results: EPS: NT$0.05 (down from NT$0.11 in 1Q 2024). Revenue: NT$575.7m (down 2.6% from 1Q 2024). Net income: NT$8.75m (down 52% from 1Q 2024). Profit margin: 1.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.お知らせ • May 03China Glaze Co.,Ltd. to Report Q1, 2025 Results on May 13, 2025China Glaze Co.,Ltd. announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$15.75, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 17% over the past three years.Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.45, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 21% over the past three years.Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$0.33 (vs NT$0.10 loss in FY 2023)Full year 2024 results: EPS: NT$0.33 (up from NT$0.10 loss in FY 2023). Revenue: NT$2.42b (up 2.5% from FY 2023). Net income: NT$54.8m (up NT$71.5m from FY 2023). Profit margin: 2.3% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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 • Mar 14China Glaze Co.,Ltd., Annual General Meeting, Jun 19, 2025China Glaze Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county TaiwanNew Risk • Dec 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$3.24b market cap, or US$99.1m).New Risk • Nov 22New 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.分析記事 • Nov 21Investors Shouldn't Be Too Comfortable With China GlazeLtd's (TWSE:1809) EarningsChina Glaze Co.,Ltd.'s ( TWSE:1809 ) robust earnings report didn't manage to move the market for its stock. Our...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.01 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (up from NT$0.01 in 3Q 2023). Revenue: NT$561.8m (down 9.7% from 3Q 2023). Net income: NT$19.1m (up NT$17.5m from 3Q 2023). Profit margin: 3.4% (up from 0.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.お知らせ • Oct 29China Glaze Co.,Ltd. to Report Q3, 2024 Results on Nov 12, 2024China Glaze Co.,Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.017 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.04 (up from NT$0.017 in 2Q 2023). Revenue: NT$619.1m (up 4.7% from 2Q 2023). Net income: NT$7.30m (up 158% from 2Q 2023). Profit margin: 1.2% (up from 0.5% 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 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Aug 02China Glaze Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024China Glaze Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024Upcoming Dividend • Jul 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 23 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.2%).お知らせ • Jun 20China Glaze Co.,Ltd. Approves Cash Dividend for 2023China Glaze Co.,Ltd. approved cash dividend distributed to shareholders is TWD 33,408,388, distributed at TWD 0.2 per share for 2023. Date of shareholders meeting is June 18, 2024.お知らせ • Jun 19+ 1 more updateChina Glaze Co.,Ltd. Announces Audit Committee ChangesChina Glaze Co.,Ltd. announced changes in term of audit committee. Date of occurrence of the change: June 18, 2024; Name of the previous position holder: Chen, Chih-Keng, Chen, Teng-Ming. Resume of the previous position holder: Chen, Chih-Keng/Adjunct Lecturer, Department of Finance, Chihlee University of Technology, Chen, Teng-Ming/Adjunct Professor, National Yang Ming Chiao Tung University. Name of the new position holder: Lai, Whuei-Wen, Liu, Wei-Ren. Resume of the new position holder: Lai, Whuei-Wen/Director of Research Center for Artificial Intelligence in Investment and Asset Management, College of Management, National Taiwan Normal University; Liu, Wei-Ren/Professor, Department of Chemical Engineering, Chung Yuan Christian University. Reason for the change: term expired Effective date of the new member: June 18, 2024.分析記事 • May 23China Glaze Co.,Ltd.'s (TWSE:1809) 30% Jump Shows Its Popularity With InvestorsChina Glaze Co.,Ltd. ( TWSE:1809 ) shares have had a really impressive month, gaining 30% after a shaky period...Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.078 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.11 (up from NT$0.078 loss in 1Q 2023). Revenue: NT$591.1m (up 13% from 1Q 2023). Net income: NT$18.4m (up NT$31.4m from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. 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 23% per year, which means it is well ahead of earnings.分析記事 • Apr 26Does China GlazeLtd (TWSE:1809) 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 • Apr 04China Glaze Co.,Ltd. Announces Dismissal of the DirectorChina Glaze Co.,Ltd. announced that the Dismissal of the Director. Title and name of the previous position holder: Director Chang, Hui-Chun. Resume of the previous position holder: Assistant Manager of Financial Department and Corporate Governance Officer, China Glaze Co. Ltd.Reported Earnings • Mar 19Full year 2023 earnings released: NT$0.10 loss per share (vs NT$0.38 profit in FY 2022)Full year 2023 results: NT$0.10 loss per share (down from NT$0.38 profit in FY 2022). Revenue: NT$2.36b (down 9.1% from FY 2022). Net loss: NT$16.6m (down 126% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 16China Glaze Co.,Ltd., Annual General Meeting, Jun 18, 2024China Glaze Co.,Ltd., Annual General Meeting, Jun 18, 2024.お知らせ • Mar 01China Glaze Co.,Ltd. Announces Change of the Chief Internal AuditorChina Glaze Co.,Ltd. announced the appointment of Liu-Kun, Chiang as Chief internal auditor, effective February 29, 2024. Liu-Kun Chiang is Deputy Administrator of the GM office. The company announced the resignation of Yung-Kang, Lin as Chief internal auditor, effective February 29, 2024. Yung-Kang, Lin is Manager of the audit room.分析記事 • Feb 27Revenues Tell The Story For China Glaze Co.,Ltd. (TWSE:1809) As Its Stock Soars 82%Despite an already strong run, China Glaze Co.,Ltd. ( TWSE:1809 ) shares have been powering on, with a gain of 82% in...New Risk • Feb 19New 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 5.6% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.02 (down from NT$0.21 in 2Q 2022). Revenue: NT$591.4m (down 9.9% from 2Q 2022). Net income: NT$2.83m (down 92% from 2Q 2022). Profit margin: 0.5% (down from 5.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 27Upcoming dividend of NT$0.25 per share at 1.6% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.7%).Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$0.38 (vs NT$0.25 in FY 2021)Full year 2022 results: EPS: NT$0.38 (up from NT$0.25 in FY 2021). Revenue: NT$2.59b (up 18% from FY 2021). Net income: NT$62.8m (up 49% from FY 2021). Profit margin: 2.4% (up from 1.9% 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 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.043 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.23 (up from NT$0.043 in 3Q 2021). Revenue: NT$722.7m (up 31% from 3Q 2021). Net income: NT$37.8m (up 423% from 3Q 2021). Profit margin: 5.2% (up from 1.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.043 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.23 (up from NT$0.043 in 3Q 2021). Revenue: NT$722.7m (up 31% from 3Q 2021). Net income: NT$37.8m (up 423% from 3Q 2021). Profit margin: 5.2% (up from 1.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.048 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.21 (up from NT$0.048 in 2Q 2021). Revenue: NT$656.2m (up 23% from 2Q 2021). Net income: NT$34.5m (up 332% from 2Q 2021). Profit margin: 5.3% (up from 1.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$0.10 (up from NT$0.083 in 1Q 2021). Revenue: NT$609.7m (up 18% from 1Q 2021). Net income: NT$17.3m (up 24% from 1Q 2021). Profit margin: 2.8% (up from 2.7% in 1Q 2021). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 182%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$0.25 (up from NT$0.36 loss in FY 2020). Revenue: NT$2.20b (up 18% from FY 2020). Net income: NT$42.1m (up NT$102.8m from FY 2020). Profit margin: 1.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 182%. 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 11% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.056 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$551.8m (up 6.5% from 3Q 2020). Net income: NT$7.22m (down 23% from 3Q 2020). Profit margin: 1.3% (down from 1.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$534.5m (up 56% from 2Q 2020). Net income: NT$7.99m (up NT$30.4m from 2Q 2020). Profit margin: 1.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 05Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 03 September 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.8%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.14 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$518.2m (up 8.5% from 1Q 2020). Net income: NT$13.9m (up NT$37.7m from 1Q 2020). Profit margin: 2.7% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.分析記事 • Apr 29Is China Glaze Co.,Ltd. (TPE:1809) A Strong Dividend Stock?Could China Glaze Co.,Ltd. ( TPE:1809 ) be an attractive dividend share to own for the long haul? Investors are often...Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.36 loss per share (vs NT$0.24 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$1.86b (down 18% from FY 2019). Net loss: NT$60.7m (loss widened 49% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Mar 03New 90-day high: NT$12.85The company is up 1.0% from its price of NT$12.70 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.分析記事 • Feb 18Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Jan 15New 90-day low: NT$11.15The company is down 5.0% from its price of NT$11.70 on 16 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 20% over the same period.分析記事 • Jan 08Is China Glaze Co.,Ltd. (TPE:1809) A Good Dividend Stock?Dividend paying stocks like China Glaze Co.,Ltd. ( TPE:1809 ) tend to be popular with investors, and for good reason...分析記事 • Dec 04China GlazeLtd (TPE:1809) Has Compensated Shareholders With A Respectable 38% Return On Their InvestmentIf you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...Is New 90 Day High Low • Dec 01New 90-day high: NT$13.55The company is up 18% from its price of NT$11.50 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.06The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$518.3m (down 14% from 3Q 2019). Net income: NT$9.32m (up NT$12.8m from 3Q 2019). Profit margin: 1.8% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.株主還元1809TW ChemicalsTW 市場7D12.1%3.6%0.5%1Y220.6%87.4%106.7%株主還元を見る業界別リターン: 1809過去 1 年間で87.4 % の収益を上げたTW Chemicals業界を上回りました。リターン対市場: 1809過去 1 年間で106.7 % の収益を上げたTW市場を上回りました。価格変動Is 1809's price volatile compared to industry and market?1809 volatility1809 Average Weekly Movement12.2%Chemicals Industry Average Movement7.0%Market Average Movement6.3%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.6%安定した株価: 1809の株価は、 TW市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 1809の weekly volatility ( 12% ) は過去 1 年間安定していますが、依然としてTWの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1974n/aSongyou Caiwww.china-glaze.com.tw/Entaiwan/AboutUs.aspx中国釉薬有限公司はセラミック釉薬材料を製造・販売。フリット、顔料、アメロブラスト、ケイ酸ジルコニウム、プリント釉薬、ベトロサ釉薬、アドバンストセラミックス、デジタルインクを提供。また、結晶化ガラスなどの建築建材、セラミックタイル、ナノ材料、光電用蛍光体パウダー、デジタルテキスタイルインクなども提供している。同社は1973年に設立され、台湾の新竹市に本社を置いている。もっと見るChina Glaze Co.,Ltd. 基礎のまとめChina GlazeLtd の収益と売上を時価総額と比較するとどうか。1809 基礎統計学時価総額NT$8.97b収益（TTM）NT$32.28m売上高(TTM)NT$2.51b277.9xPER（株価収益率3.6xP/Sレシオ1809 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計1809 損益計算書（TTM）収益NT$2.51b売上原価NT$2.02b売上総利益NT$496.27mその他の費用NT$463.99m収益NT$32.28m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.19グロス・マージン19.74%純利益率1.28%有利子負債／自己資本比率21.2%1809 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り130%配当性向View Valuation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2026/06/08 02:45終値2026/06/08 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China Glaze Co.,Ltd. 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。1 アナリスト機関Meijun YehCapital Securities Corporation
New Risk • 9hNew major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.05 (vs NT$0.052 in 1Q 2025)First quarter 2026 results: EPS: NT$0.05. Revenue: NT$592.3m (up 2.9% from 1Q 2025). Net income: NT$8.92m (up 2.0% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.19 (vs NT$0.33 in FY 2024)Full year 2025 results: EPS: NT$0.19 (down from NT$0.33 in FY 2024). Revenue: NT$2.50b (up 3.4% from FY 2024). Net income: NT$32.1m (down 41% from FY 2024). Profit margin: 1.3% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.
New Risk • Mar 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.3% 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 Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Mar 13China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county Taiwan
New Risk • Jan 19New 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 6.9% 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. This is currently the only risk that has been identified for the company.
New Risk • 9hNew major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 12% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.05 (vs NT$0.052 in 1Q 2025)First quarter 2026 results: EPS: NT$0.05. Revenue: NT$592.3m (up 2.9% from 1Q 2025). Net income: NT$8.92m (up 2.0% from 1Q 2025). Profit margin: 1.5% (in line with 1Q 2025).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.19 (vs NT$0.33 in FY 2024)Full year 2025 results: EPS: NT$0.19 (down from NT$0.33 in FY 2024). Revenue: NT$2.50b (up 3.4% from FY 2024). Net income: NT$32.1m (down 41% from FY 2024). Profit margin: 1.3% (down from 2.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 24% per year.
New Risk • Mar 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.3% Last year net profit margin: 2.3% 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 Share price has been volatile over the past 3 months (10% average weekly change). Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Mar 13China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026China Glaze Co.,Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county Taiwan
New Risk • Jan 19New 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 6.9% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.02 (vs NT$0.11 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.02 (down from NT$0.11 in 3Q 2024). Revenue: NT$660.5m (up 18% from 3Q 2024). Net income: NT$4.35m (down 77% from 3Q 2024). Profit margin: 0.7% (down from 3.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
New Risk • Oct 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.07b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Market cap is less than US$100m (NT$3.07b market cap, or US$99.7m).
New Risk • Aug 20New 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 6.1% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 14Second quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.044 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.04 (down from NT$0.044 in 2Q 2024). Revenue: NT$624.7m (flat on 2Q 2024). Net income: NT$6.01m (down 18% from 2Q 2024). Profit margin: 1.0% (down from 1.2% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$19.35, the stock trades at a trailing P/E ratio of 71.5x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 63% over the past three years.
Declared Dividend • Jul 05Dividend increased to NT$0.25Dividend of NT$0.25 is 25% higher than last year. Ex-date: 18th July 2025 Payment date: 15th August 2025 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (92% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. 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 grow by 2.7% to bring the payout ratio under control, which is less than the 39% EPS growth achieved over the last 5 years.
お知らせ • Jun 20China Glaze Co.,Ltd. Approves Cash Dividend for the Year 2024China Glaze Co.,Ltd. at its AGM held on June 19, 2025, approved cash dividend distributed to shareholders of TWD 41,760,485 at TWD 0.25 per share for the year 2024.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.11 in 1Q 2024)First quarter 2025 results: EPS: NT$0.05 (down from NT$0.11 in 1Q 2024). Revenue: NT$575.7m (down 2.6% from 1Q 2024). Net income: NT$8.75m (down 52% from 1Q 2024). Profit margin: 1.5% (down from 3.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
お知らせ • May 03China Glaze Co.,Ltd. to Report Q1, 2025 Results on May 13, 2025China Glaze Co.,Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$15.75, the stock trades at a trailing P/E ratio of 48x. Average trailing P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 17% over the past three years.
Valuation Update With 7 Day Price Move • Mar 31Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.45, the stock trades at a trailing P/E ratio of 50.1x. Average trailing P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Mar 15Full year 2024 earnings released: EPS: NT$0.33 (vs NT$0.10 loss in FY 2023)Full year 2024 results: EPS: NT$0.33 (up from NT$0.10 loss in FY 2023). Revenue: NT$2.42b (up 2.5% from FY 2023). Net income: NT$54.8m (up NT$71.5m from FY 2023). Profit margin: 2.3% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 36% 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 • Mar 14China Glaze Co.,Ltd., Annual General Meeting, Jun 19, 2025China Glaze Co.,Ltd., Annual General Meeting, Jun 19, 2025, at 09:00 Taipei Standard Time. Location: b1 floor no,136, sec.4 chung hsing rd., jhudong township, hsinchu county Taiwan
New Risk • Dec 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.24b (US$99.1m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$3.24b market cap, or US$99.1m).
New Risk • Nov 22New 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: Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.
分析記事 • Nov 21Investors Shouldn't Be Too Comfortable With China GlazeLtd's (TWSE:1809) EarningsChina Glaze Co.,Ltd.'s ( TWSE:1809 ) robust earnings report didn't manage to move the market for its stock. Our...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.01 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (up from NT$0.01 in 3Q 2023). Revenue: NT$561.8m (down 9.7% from 3Q 2023). Net income: NT$19.1m (up NT$17.5m from 3Q 2023). Profit margin: 3.4% (up from 0.3% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
New Risk • Nov 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
お知らせ • Oct 29China Glaze Co.,Ltd. to Report Q3, 2024 Results on Nov 12, 2024China Glaze Co.,Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.017 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.04 (up from NT$0.017 in 2Q 2023). Revenue: NT$619.1m (up 4.7% from 2Q 2023). Net income: NT$7.30m (up 158% from 2Q 2023). Profit margin: 1.2% (up from 0.5% 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 36% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Aug 02China Glaze Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024China Glaze Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
Upcoming Dividend • Jul 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 23 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.2%).
お知らせ • Jun 20China Glaze Co.,Ltd. Approves Cash Dividend for 2023China Glaze Co.,Ltd. approved cash dividend distributed to shareholders is TWD 33,408,388, distributed at TWD 0.2 per share for 2023. Date of shareholders meeting is June 18, 2024.
お知らせ • Jun 19+ 1 more updateChina Glaze Co.,Ltd. Announces Audit Committee ChangesChina Glaze Co.,Ltd. announced changes in term of audit committee. Date of occurrence of the change: June 18, 2024; Name of the previous position holder: Chen, Chih-Keng, Chen, Teng-Ming. Resume of the previous position holder: Chen, Chih-Keng/Adjunct Lecturer, Department of Finance, Chihlee University of Technology, Chen, Teng-Ming/Adjunct Professor, National Yang Ming Chiao Tung University. Name of the new position holder: Lai, Whuei-Wen, Liu, Wei-Ren. Resume of the new position holder: Lai, Whuei-Wen/Director of Research Center for Artificial Intelligence in Investment and Asset Management, College of Management, National Taiwan Normal University; Liu, Wei-Ren/Professor, Department of Chemical Engineering, Chung Yuan Christian University. Reason for the change: term expired Effective date of the new member: June 18, 2024.
分析記事 • May 23China Glaze Co.,Ltd.'s (TWSE:1809) 30% Jump Shows Its Popularity With InvestorsChina Glaze Co.,Ltd. ( TWSE:1809 ) shares have had a really impressive month, gaining 30% after a shaky period...
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.078 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.11 (up from NT$0.078 loss in 1Q 2023). Revenue: NT$591.1m (up 13% from 1Q 2023). Net income: NT$18.4m (up NT$31.4m from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. 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 23% per year, which means it is well ahead of earnings.
分析記事 • Apr 26Does China GlazeLtd (TWSE:1809) 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 • Apr 04China Glaze Co.,Ltd. Announces Dismissal of the DirectorChina Glaze Co.,Ltd. announced that the Dismissal of the Director. Title and name of the previous position holder: Director Chang, Hui-Chun. Resume of the previous position holder: Assistant Manager of Financial Department and Corporate Governance Officer, China Glaze Co. Ltd.
Reported Earnings • Mar 19Full year 2023 earnings released: NT$0.10 loss per share (vs NT$0.38 profit in FY 2022)Full year 2023 results: NT$0.10 loss per share (down from NT$0.38 profit in FY 2022). Revenue: NT$2.36b (down 9.1% from FY 2022). Net loss: NT$16.6m (down 126% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 16China Glaze Co.,Ltd., Annual General Meeting, Jun 18, 2024China Glaze Co.,Ltd., Annual General Meeting, Jun 18, 2024.
お知らせ • Mar 01China Glaze Co.,Ltd. Announces Change of the Chief Internal AuditorChina Glaze Co.,Ltd. announced the appointment of Liu-Kun, Chiang as Chief internal auditor, effective February 29, 2024. Liu-Kun Chiang is Deputy Administrator of the GM office. The company announced the resignation of Yung-Kang, Lin as Chief internal auditor, effective February 29, 2024. Yung-Kang, Lin is Manager of the audit room.
分析記事 • Feb 27Revenues Tell The Story For China Glaze Co.,Ltd. (TWSE:1809) As Its Stock Soars 82%Despite an already strong run, China Glaze Co.,Ltd. ( TWSE:1809 ) shares have been powering on, with a gain of 82% in...
New Risk • Feb 19New 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 5.6% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.02 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.02 (down from NT$0.21 in 2Q 2022). Revenue: NT$591.4m (down 9.9% from 2Q 2022). Net income: NT$2.83m (down 92% from 2Q 2022). Profit margin: 0.5% (down from 5.3% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 27Upcoming dividend of NT$0.25 per share at 1.6% yieldEligible shareholders must have bought the stock before 03 August 2023. Payment date: 25 August 2023. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.7%).
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$0.38 (vs NT$0.25 in FY 2021)Full year 2022 results: EPS: NT$0.38 (up from NT$0.25 in FY 2021). Revenue: NT$2.59b (up 18% from FY 2021). Net income: NT$62.8m (up 49% from FY 2021). Profit margin: 2.4% (up from 1.9% 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 111% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.043 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.23 (up from NT$0.043 in 3Q 2021). Revenue: NT$722.7m (up 31% from 3Q 2021). Net income: NT$37.8m (up 423% from 3Q 2021). Profit margin: 5.2% (up from 1.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.23 (vs NT$0.043 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.23 (up from NT$0.043 in 3Q 2021). Revenue: NT$722.7m (up 31% from 3Q 2021). Net income: NT$37.8m (up 423% from 3Q 2021). Profit margin: 5.2% (up from 1.3% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.048 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.21 (up from NT$0.048 in 2Q 2021). Revenue: NT$656.2m (up 23% from 2Q 2021). Net income: NT$34.5m (up 332% from 2Q 2021). Profit margin: 5.3% (up from 1.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (8.3%).
Reported Earnings • May 13First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$0.10 (up from NT$0.083 in 1Q 2021). Revenue: NT$609.7m (up 18% from 1Q 2021). Net income: NT$17.3m (up 24% from 1Q 2021). Profit margin: 2.8% (up from 2.7% in 1Q 2021). Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 182%. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$0.25 (up from NT$0.36 loss in FY 2020). Revenue: NT$2.20b (up 18% from FY 2020). Net income: NT$42.1m (up NT$102.8m from FY 2020). Profit margin: 1.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) missed analyst estimates by 182%. 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 11% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.056 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$551.8m (up 6.5% from 3Q 2020). Net income: NT$7.22m (down 23% from 3Q 2020). Profit margin: 1.3% (down from 1.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.13 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$534.5m (up 56% from 2Q 2020). Net income: NT$7.99m (up NT$30.4m from 2Q 2020). Profit margin: 1.5% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 05Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 03 September 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.8%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.14 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$518.2m (up 8.5% from 1Q 2020). Net income: NT$13.9m (up NT$37.7m from 1Q 2020). Profit margin: 2.7% (up from net loss in 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
分析記事 • Apr 29Is China Glaze Co.,Ltd. (TPE:1809) A Strong Dividend Stock?Could China Glaze Co.,Ltd. ( TPE:1809 ) be an attractive dividend share to own for the long haul? Investors are often...
Reported Earnings • Mar 31Full year 2020 earnings released: NT$0.36 loss per share (vs NT$0.24 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$1.86b (down 18% from FY 2019). Net loss: NT$60.7m (loss widened 49% from FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Mar 03New 90-day high: NT$12.85The company is up 1.0% from its price of NT$12.70 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 9.0% over the same period.
分析記事 • Feb 18Does China GlazeLtd (TPE:1809) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Jan 15New 90-day low: NT$11.15The company is down 5.0% from its price of NT$11.70 on 16 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 20% over the same period.
分析記事 • Jan 08Is China Glaze Co.,Ltd. (TPE:1809) A Good Dividend Stock?Dividend paying stocks like China Glaze Co.,Ltd. ( TPE:1809 ) tend to be popular with investors, and for good reason...
分析記事 • Dec 04China GlazeLtd (TPE:1809) Has Compensated Shareholders With A Respectable 38% Return On Their InvestmentIf you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
Is New 90 Day High Low • Dec 01New 90-day high: NT$13.55The company is up 18% from its price of NT$11.50 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.06The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$518.3m (down 14% from 3Q 2019). Net income: NT$9.32m (up NT$12.8m from 3Q 2019). Profit margin: 1.8% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
