Shihlin Paper（1903）株式概要石林製紙は子会社とともに、台湾、欧州、アジアで紙関連製品の製造・販売を行っている。 詳細1903 ファンダメンタル分析スノーフレーク・スコア評価0/6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報酬今年は黒字化を達成 リスク分析財務結果に影響を与える大きな一時的項目 意味のある収益がありません ( NT$152M )すべてのリスクチェックを見る1903 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$50.20214.1% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-187m335m2016201920222025202620282031Revenue NT$66.8mEarnings NT$146.9mAdvancedSet Fair ValueView all narrativesShihlin Paper Corporation 競合他社YFYSymbol: TWSE:1907Market cap: NT$40.6bKeding EnterprisesSymbol: TWSE:6655Market cap: NT$10.4bCoremaxSymbol: TWSE:4739Market cap: NT$11.9bTaiwan Steel UnionSymbol: TWSE:6581Market cap: NT$11.9b価格と性能株価の高値、安値、推移の概要Shihlin Paper過去の株価現在の株価NT$50.2052週高値NT$76.2052週安値NT$47.55ベータ0.651ヶ月の変化1.52%3ヶ月変化-7.21%1年変化-29.99%3年間の変化14.74%5年間の変化-4.20%IPOからの変化-21.47%最新ニュースReported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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.最新情報をもっと見るRecent updatesReported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Jun 21+ 2 more updatesShihlin Paper Corporation Announces Board Changes, Effective June 20, 2025On June 20, 2025, Shihlin Paper Corporation announced the elective list for the 26th term directors (including independent directors). Title and name of the previous position holder: Independent Director: Ming-Chu Chen Hsiao-Chueh Hsieh, Ming-Chien Tang Resume of the previous position holder: Independent Director: Ming-Chu Chen, Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh, Independent Director,Shihlin Paper Co. Ltd., Ming-Chien Tang, Independent Director,Shihlin Paper Co. Ltd. Title and name of the new position holder: Independent Director: Ming-Chu Chen, Hsiao-Chueh Hsieh, Zhong-Yi Chiang. Resume of the new position holder: Independent Director: Ming-Chu Chen Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh Independent Director,Shihlin Paper Co. Ltd. Zhong-Yi Chiang Independent Director, Hwatai Bank. Reason for the change: Expiration of the term and re-election of Board of Directors. Original term from June 14, 2022 to June 13, 2025. Effective date of the new appointment: June 20, 2025.New Risk • May 27New 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 8.9% 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 • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025お知らせ • Mar 12Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.63 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.63 in 3Q 2023). Net income: NT$30.2m (down 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Nov 12New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$162m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Profit margins are more than 30% lower than last year (71% net profit margin). Revenue is less than US$5m (NT$162m revenue, or US$5.0m).Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.086 loss in 2Q 2023)Second quarter 2024 results: NT$0.06 loss per share (improved from NT$0.086 loss in 2Q 2023). Revenue: NT$36.5m (down 16% from 2Q 2023). Net loss: NT$16.6m (loss narrowed 25% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Aug 03Shihlin Paper Corporation to Report Q2, 2024 Results on Aug 12, 2024Shihlin Paper Corporation announced that they will report Q2, 2024 results on Aug 12, 2024Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.33 (vs NT$0.81 in FY 2022)Full year 2023 results: EPS: NT$0.33 (down from NT$0.81 in FY 2022). Revenue: NT$171.1m (up 3.7% from FY 2022). Net income: NT$86.4m (down 59% from FY 2022). Profit margin: 51% (down from 128% in FY 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 13Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024. Location: No.32,Ln.266,Sec.2, Zhishan Rd., Shilin Dist., CHIN CHIN Garden Restaurant Taipei Taiwan Agenda: To report the business of 2023; to consider the status of 2023 Endorsement/Guarantee and Loan of Funds; to consider Audit Committee's Review Report on the 2023 Financial Statement; to consider amendment to the Company's Rules of Procedure for Board of Directors Meetings; to consider 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 deficit compensation; and to consider other matters.New Risk • Jul 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 6.2% 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. This is currently the only risk that has been identified for the company.Board Change • Jun 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.70, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 28x in the Forestry industry in Taiwan. Total returns to shareholders of 12% over the past three years.お知らせ • Jun 06Shihlin Paper Corporation Approves the Election of Chen, You as Board of DirectorShihlin Paper Corporation approved the election of Chen, You, Director,Shihlin Paper Co. Ltd., as board of directors, at the AGM held on June 5, 2023. Reason for the change: It is planned to elect one director to meet the company's operational and practical needs. Effective date of the new appointment is June 5, 2023.お知らせ • May 20Shihlin Paper Corporation Announces Change of Representative Juristic-Person DirectorShihlin Paper Corporation appointed Tsai, Cheng-Che as juristic-person director in place of Wu, Chiu-Ling, effective May 19, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.81 (vs NT$0.32 in FY 2021)Full year 2022 results: EPS: NT$0.81 (up from NT$0.32 in FY 2021). Net income: NT$211.8m (up 151% from FY 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Dec 07Shihlin Paper Corporation Announces Resignation of Chen, You as Institutional DirectorShihlin Paper Corporation announced Resignation of Chen, You as Institutional director. Resume of the previous position holder:Director,Shihlin Paper Co. Ltd.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.20 (vs NT$0.016 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.20 (up from NT$0.016 in 3Q 2021). Net income: NT$311.5m (up NT$307.3m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.039 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.039 profit in 2Q 2021). Net loss: NT$33.9m (down 436% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Board Change • May 20Less 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. 5 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 17Shihlin Paper Corporation Announces the Change of Representative Juristic-Person DirectorShihlin Paper Corporation announced the change of representative juristic-person director. Name of the previous position holder: Wu, Chiu-Ling. Resume of the previous position holder: Chairman, Yee Tzao Enterprise Co.,Ltd. Name of the new position holder: Tsai, Cheng-Che. Resume of the new position holder: President, Shihlin Paper Co. Ltd. Reason for the change: representative change. Effective date of the new appointment is May 16, 2022.Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.38 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$0.38 profit in 1Q 2021). Net loss: NT$27.5m (down 128% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.033 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$49.3m (up 35% from 3Q 2020). Net income: NT$4.21m (up NT$12.7m from 3Q 2020). Profit margin: 8.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.17 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$99.6m (up 144% from 2Q 2020). Net income: NT$10.1m (up NT$53.8m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.18 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$130.8m (up 236% from 1Q 2020). Net income: NT$97.9m (up NT$145.5m from 1Q 2020). Profit margin: 75% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.52 loss per share (vs NT$0.69 loss in FY 2019)Full year 2020 results: Net loss: NT$135.7m (loss narrowed 24% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Feb 13We Think Shihlin Paper (TPE:1903) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Feb 01New 90-day low: NT$47.35The company is down 30% from its price of NT$67.50 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period.Is New 90 Day High Low • Jan 12New 90-day low: NT$56.00The company is down 5.0% from its price of NT$59.10 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 29% over the same period.分析記事 • Dec 22Shihlin Paper (TPE:1903) Shareholders Booked A 90% Gain In The Last Five YearsShihlin Paper Corporation ( TPE:1903 ) shareholders have seen the share price descend 13% over the month. On the bright...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.03 loss per shareThird quarter 2020 results: Net loss: NT$8.53m (loss narrowed 76% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$54.40The company is down 4.0% from its price of NT$56.50 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.株主還元1903TW ForestryTW 市場7D5.2%-1.2%2.6%1Y-30.0%-13.2%94.7%株主還元を見る業界別リターン: 1903過去 1 年間で-13.2 % の収益を上げたTW Forestry業界を下回りました。リターン対市場: 1903は、過去 1 年間で94.7 % のリターンを上げたTW市場を下回りました。価格変動Is 1903's price volatile compared to industry and market?1903 volatility1903 Average Weekly Movement3.0%Forestry Industry Average Movement3.9%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 1903 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 1903の 週次ボラティリティ ( 3% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1918n/aJerry Tsaiwww.shihlin.com.tw紙林製紙股份有限公司は、子会社とともに台湾、欧州、アジアで紙関連製品の製造・販売を行っている。トランプやゲームカードに使用されるカード、フォルダーやアートカードに使用されるカラーカード、スピーカーやフレーム、アルバムボードに使用されるブラックボード、靴箱や環境カートンなどに使用されるノンコートボードを提供している。また、タグカードや包装容器に使用される裏面が白色の両面ボード、靴やティッシュペーパーの箱、ライナーボード、包装容器に使用される裏面が灰色の両面ボード、ギフト包装箱や製本用途に使用されるチップボードも提供している。また、紙加工製品、ウェットティッシュ、フェイシャルマスク、スキンケア製品、トイレタリー製品も販売している。さらに、資産の賃貸、投資・開発、生活必需品の卸売、都市再生・復興活動にも取り組んでいる。士林製紙は1918年に設立され、台湾の台北市に本社を置く。もっと見るShihlin Paper Corporation 基礎のまとめShihlin Paper の収益と売上を時価総額と比較するとどうか。1903 基礎統計学時価総額NT$12.47b収益（TTM）NT$334.83m売上高(TTM)NT$152.40m39.0xPER（株価収益率85.7xP/Sレシオ1903 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1903 損益計算書（TTM）収益NT$152.40m売上原価NT$55.09m売上総利益NT$97.31mその他の費用-NT$237.52m収益NT$334.83m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）1.29グロス・マージン63.85%純利益率219.70%有利子負債／自己資本比率49.2%1903 の長期的なパフォーマンスは？過去の実績と比較を見る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2026/05/25 11:50終値2026/05/25 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Shihlin Paper Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Wanchen ChangMasterlink Securities Investment Advisory
Reported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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.
Reported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Jun 21+ 2 more updatesShihlin Paper Corporation Announces Board Changes, Effective June 20, 2025On June 20, 2025, Shihlin Paper Corporation announced the elective list for the 26th term directors (including independent directors). Title and name of the previous position holder: Independent Director: Ming-Chu Chen Hsiao-Chueh Hsieh, Ming-Chien Tang Resume of the previous position holder: Independent Director: Ming-Chu Chen, Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh, Independent Director,Shihlin Paper Co. Ltd., Ming-Chien Tang, Independent Director,Shihlin Paper Co. Ltd. Title and name of the new position holder: Independent Director: Ming-Chu Chen, Hsiao-Chueh Hsieh, Zhong-Yi Chiang. Resume of the new position holder: Independent Director: Ming-Chu Chen Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh Independent Director,Shihlin Paper Co. Ltd. Zhong-Yi Chiang Independent Director, Hwatai Bank. Reason for the change: Expiration of the term and re-election of Board of Directors. Original term from June 14, 2022 to June 13, 2025. Effective date of the new appointment: June 20, 2025.
New Risk • May 27New 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 8.9% 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 • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025
お知らせ • Mar 12Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.63 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.63 in 3Q 2023). Net income: NT$30.2m (down 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Nov 12New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$162m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Profit margins are more than 30% lower than last year (71% net profit margin). Revenue is less than US$5m (NT$162m revenue, or US$5.0m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.086 loss in 2Q 2023)Second quarter 2024 results: NT$0.06 loss per share (improved from NT$0.086 loss in 2Q 2023). Revenue: NT$36.5m (down 16% from 2Q 2023). Net loss: NT$16.6m (loss narrowed 25% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Aug 03Shihlin Paper Corporation to Report Q2, 2024 Results on Aug 12, 2024Shihlin Paper Corporation announced that they will report Q2, 2024 results on Aug 12, 2024
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.33 (vs NT$0.81 in FY 2022)Full year 2023 results: EPS: NT$0.33 (down from NT$0.81 in FY 2022). Revenue: NT$171.1m (up 3.7% from FY 2022). Net income: NT$86.4m (down 59% from FY 2022). Profit margin: 51% (down from 128% in FY 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 13Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024. Location: No.32,Ln.266,Sec.2, Zhishan Rd., Shilin Dist., CHIN CHIN Garden Restaurant Taipei Taiwan Agenda: To report the business of 2023; to consider the status of 2023 Endorsement/Guarantee and Loan of Funds; to consider Audit Committee's Review Report on the 2023 Financial Statement; to consider amendment to the Company's Rules of Procedure for Board of Directors Meetings; to consider 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 deficit compensation; and to consider other matters.
New Risk • Jul 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 6.2% 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. This is currently the only risk that has been identified for the company.
Board Change • Jun 24Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.70, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 28x in the Forestry industry in Taiwan. Total returns to shareholders of 12% over the past three years.
お知らせ • Jun 06Shihlin Paper Corporation Approves the Election of Chen, You as Board of DirectorShihlin Paper Corporation approved the election of Chen, You, Director,Shihlin Paper Co. Ltd., as board of directors, at the AGM held on June 5, 2023. Reason for the change: It is planned to elect one director to meet the company's operational and practical needs. Effective date of the new appointment is June 5, 2023.
お知らせ • May 20Shihlin Paper Corporation Announces Change of Representative Juristic-Person DirectorShihlin Paper Corporation appointed Tsai, Cheng-Che as juristic-person director in place of Wu, Chiu-Ling, effective May 19, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.81 (vs NT$0.32 in FY 2021)Full year 2022 results: EPS: NT$0.81 (up from NT$0.32 in FY 2021). Net income: NT$211.8m (up 151% from FY 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Dec 07Shihlin Paper Corporation Announces Resignation of Chen, You as Institutional DirectorShihlin Paper Corporation announced Resignation of Chen, You as Institutional director. Resume of the previous position holder:Director,Shihlin Paper Co. Ltd.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.20 (vs NT$0.016 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.20 (up from NT$0.016 in 3Q 2021). Net income: NT$311.5m (up NT$307.3m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.039 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.039 profit in 2Q 2021). Net loss: NT$33.9m (down 436% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Board Change • May 20Less 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. 5 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 17Shihlin Paper Corporation Announces the Change of Representative Juristic-Person DirectorShihlin Paper Corporation announced the change of representative juristic-person director. Name of the previous position holder: Wu, Chiu-Ling. Resume of the previous position holder: Chairman, Yee Tzao Enterprise Co.,Ltd. Name of the new position holder: Tsai, Cheng-Che. Resume of the new position holder: President, Shihlin Paper Co. Ltd. Reason for the change: representative change. Effective date of the new appointment is May 16, 2022.
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.38 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$0.38 profit in 1Q 2021). Net loss: NT$27.5m (down 128% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.033 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$49.3m (up 35% from 3Q 2020). Net income: NT$4.21m (up NT$12.7m from 3Q 2020). Profit margin: 8.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.17 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$99.6m (up 144% from 2Q 2020). Net income: NT$10.1m (up NT$53.8m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.18 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$130.8m (up 236% from 1Q 2020). Net income: NT$97.9m (up NT$145.5m from 1Q 2020). Profit margin: 75% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.52 loss per share (vs NT$0.69 loss in FY 2019)Full year 2020 results: Net loss: NT$135.7m (loss narrowed 24% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Feb 13We Think Shihlin Paper (TPE:1903) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Feb 01New 90-day low: NT$47.35The company is down 30% from its price of NT$67.50 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Jan 12New 90-day low: NT$56.00The company is down 5.0% from its price of NT$59.10 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 29% over the same period.
分析記事 • Dec 22Shihlin Paper (TPE:1903) Shareholders Booked A 90% Gain In The Last Five YearsShihlin Paper Corporation ( TPE:1903 ) shareholders have seen the share price descend 13% over the month. On the bright...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.03 loss per shareThird quarter 2020 results: Net loss: NT$8.53m (loss narrowed 76% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$54.40The company is down 4.0% from its price of NT$56.50 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.
