View Future GrowthLongchen Paper & Packaging 過去の業績過去 基準チェック /06Longchen Paper & Packagingの収益は年間平均-51.1%の割合で減少していますが、 Forestry業界の収益は年間 減少しています。収益は年間0.6% 3.9%割合で 減少しています。主要情報-51.07%収益成長率-51.53%EPS成長率Forestry 業界の成長11.20%収益成長率-3.94%株主資本利益率-1.98%ネット・マージン-0.90%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 12First quarter 2026 earnings released: NT$0.021 loss per share (vs NT$0.10 loss in 1Q 2025)First quarter 2026 results: NT$0.021 loss per share (improved from NT$0.10 loss in 1Q 2025). Revenue: NT$10.8b (up 5.3% from 1Q 2025). Net loss: NT$27.2m (loss narrowed 80% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.39 loss per share (vs NT$0.28 loss in FY 2024)Full year 2025 results: NT$0.39 loss per share (further deteriorated from NT$0.28 loss in FY 2024). Revenue: NT$44.7b (down 6.5% from FY 2024). Net loss: NT$516.6m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$11.3b (down 4.2% from 3Q 2024). Net loss: NT$144.3m (loss narrowed 45% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.096 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.096 profit in 2Q 2024). Revenue: NT$11.2b (down 11% from 2Q 2024). Net loss: NT$432.4m (down 438% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.Reported Earnings • May 13First quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.005 profit in 1Q 2024)First quarter 2025 results: NT$0.10 loss per share (down from NT$0.005 profit in 1Q 2024). Revenue: NT$10.2b (down 4.8% from 1Q 2024). Net loss: NT$137.3m (down NT$143.7m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • May 03Longchen Paper & Packaging Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025すべての更新を表示Recent updatesReported Earnings • May 12First quarter 2026 earnings released: NT$0.021 loss per share (vs NT$0.10 loss in 1Q 2025)First quarter 2026 results: NT$0.021 loss per share (improved from NT$0.10 loss in 1Q 2025). Revenue: NT$10.8b (up 5.3% from 1Q 2025). Net loss: NT$27.2m (loss narrowed 80% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.39 loss per share (vs NT$0.28 loss in FY 2024)Full year 2025 results: NT$0.39 loss per share (further deteriorated from NT$0.28 loss in FY 2024). Revenue: NT$44.7b (down 6.5% from FY 2024). Net loss: NT$516.6m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.お知らせ • Mar 12Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 27, 2026Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 27, 2026, at 09:30 Taipei Standard Time. Location: no,1-1 kuang hsing ln., erhlin township, changhua county TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$11.3b (down 4.2% from 3Q 2024). Net loss: NT$144.3m (loss narrowed 45% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.New Risk • Sep 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: NT$13.3m (US$438.7k) This is considered a major 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: Major Risks Debt is not well covered by operating cash flow (4.6% operating cash flow to total debt). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (NT$13.3m market cap, or US$438.7k).Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.096 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.096 profit in 2Q 2024). Revenue: NT$11.2b (down 11% from 2Q 2024). Net loss: NT$432.4m (down 438% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.Reported Earnings • May 13First quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.005 profit in 1Q 2024)First quarter 2025 results: NT$0.10 loss per share (down from NT$0.005 profit in 1Q 2024). Revenue: NT$10.2b (down 4.8% from 1Q 2024). Net loss: NT$137.3m (down NT$143.7m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.お知らせ • May 03Longchen Paper & Packaging Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025お知らせ • Mar 13Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 28, 2025Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 28, 2025, at 09:30 Taipei Standard Time. Location: no,1-1 kuang hsing ln., erhlin township, changhua county TaiwanReported Earnings • Mar 13Full year 2024 earnings released: NT$0.28 loss per share (vs NT$0.77 loss in FY 2023)Full year 2024 results: NT$0.28 loss per share (improved from NT$0.77 loss in FY 2023). Revenue: NT$47.8b (up 2.3% from FY 2023). Net loss: NT$373.6m (loss narrowed 63% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.お知らせ • Feb 28Longchen Paper & Packaging Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 08Third quarter 2024 earnings released: NT$0.20 loss per share (vs NT$0.086 loss in 3Q 2023)Third quarter 2024 results: NT$0.20 loss per share (further deteriorated from NT$0.086 loss in 3Q 2023). Revenue: NT$11.8b (up 1.0% from 3Q 2023). Net loss: NT$263.3m (loss widened 130% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.お知らせ • Oct 31Longchen Paper & Packaging Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024Buy Or Sell Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to NT$13.65. The fair value is estimated to be NT$17.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Sep 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.8% to NT$13.10. The fair value is estimated to be NT$17.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.25 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.10 (up from NT$0.25 loss in 2Q 2023). Revenue: NT$12.6b (up 5.5% from 2Q 2023). Net income: NT$127.8m (up NT$454.1m from 2Q 2023). Profit margin: 1.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.お知らせ • Aug 13Longchen Paper & Packaging Co., Ltd. Announces Sustainable Development Committee AppointmentsLongchen Paper & Packaging Co., Ltd. announced Board of Director's resolution to appoint members of the Sustainable Development Committee. Date of occurrence of the change is August 12, 2024. Name of the new position holder: Chiu, Shean-Bii, Wen,Shun-Te, Chang, Lan-Hsin. Resume of the new position holder: Chiu, Shean-Bii,Professor of Finance, National Taiwan University. Wen,Shun-Te,Independent directors of Froch Enterprise Co., Ltd. Chang, Lan-Hsin,Vice chairman of Taiwan Farm Industry Co., Ltd. Reason for the change: new appointment. Effective date of the new member: August 12, 2024 to May 30, 2026.分析記事 • Aug 06Here's Why Longchen Paper & Packaging (TWSE:1909) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Aug 03Longchen Paper & Packaging Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: NT$10.7b (flat on 1Q 2023). Net income: NT$6.45m (up NT$643.5m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.お知らせ • May 05Longchen Paper & Packaging Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024お知らせ • Mar 28Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Apr 10, 2024Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Apr 10, 2024. Location: No. 33 Jinyang Road ALujiaTown Kunshan City Jiangsu China Agenda: To consider the Board of Directors Report for 2023; to consider the 2023 Financial Report; to consider the 2023 Profit Distribution; to consider the 2024 Financial Budget; to consider the Amount of Daily Related Parties Transactions for 2023; to consider the Target Amount of Daily Related Parties Transactions for 2024; to consider the Mandate of 2024 Auditor; and to consider other matters.お知らせ • Mar 12+ 1 more updateLongchen Paper & Packaging Co., Ltd., Annual General Meeting, May 30, 2024Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 30, 2024. Location: 1-1, Kuang Hsin Lane, Kuang Hsin Li, Erlin Town, Changhua Hsien Taiwan Agenda: To consider 2023 Annual Business Overview; to consider audit committee's Review Report of 2023; to consider 2023 Annual Employee's Bonus Distribution Report; to consider 2023 Cash Dividends Distribution Report; to consider execution report of domestic unsecured convertible corporate bond; to consider 2023 Related Party Transaction Report; and to transact other business.Reported Earnings • Mar 12Full year 2023 earnings released: NT$0.77 loss per share (vs NT$0.71 loss in FY 2022)Full year 2023 results: NT$0.77 loss per share (further deteriorated from NT$0.71 loss in FY 2022). Revenue: NT$46.7b (down 12% from FY 2022). Net loss: NT$1.02b (loss widened 12% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.お知らせ • Nov 15+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Change of the Director on Behalf of Major Subsidiary Wuxi LongchenLongchen Paper & Packaging Co., Ltd. announced change of the director on behalf of major subsidiary Wuxi Longchen. Title and name of the previous position holder: Director of the company: Yao,Chang-Kun; Director of the company: Kao,Wei-Hung; Director of the company: Hsu,Ko-Liang. Resume of the previous position holder: Jiangsu Longchen Greentech Co., Ltd/Chairman; Jiangsu Longchen Greentech Co., Ltd/General Manager; Pinghu Longchen Greentech Co., Ltd./Vice president. Title and name of the new position holder: Director of the company: Wu,Kuo-Chen; Director of the company: Wang,Jui-Jung; Director of the company:Li,Hsing-Lin. Resume of the new position holder: Longchen Paper & Packaging Co., Ltd./Vice president; Longchen Paper & Packaging Co., Ltd. Assistant Vice president; Pinghu Longchen Greentech Co., Ltd./Chairman. Effective date of the new appointment is November 13, 2023 to December 30, 2024.Reported Earnings • Aug 19Second quarter 2023 earnings released: NT$0.25 loss per share (vs NT$0.23 profit in 2Q 2022)Second quarter 2023 results: NT$0.25 loss per share (down from NT$0.23 profit in 2Q 2022). Revenue: NT$11.9b (down 9.7% from 2Q 2022). Net loss: NT$326.3m (down 213% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 27Upcoming dividend of NT$0.25 per share at 1.5% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 24 July 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (1.8%).お知らせ • Jun 02+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Changes in Remuneration CommitteeLongchen Paper & Packaging Co., Ltd. appointed Wen,Shun-Te, Independent directors of Froch Enterprise Co., Ltd. and Chang, Lan-Hsin,,Vice chairman of Taiwan Farm Industry Co., Ltd. as Members of the 5th Remuneration Committee in place of Li, Tsun-Siou, Adjunct professor of EMBA, National Taiwan University and Wu, Chie-Fuh, Convener of Remuneration Committee, Longchen Paper & Packaging Co., Ltd. Reason for the change: term expired. Effective date of the new member is May 31, 2023.お知らせ • Jun 01+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Cash Dividend, Payable on July 24, 2023Longchen Paper & Packaging Co., Ltd. announced a cash dividends to common share holders of TWD 331,411,932 or TWD 0.25 per share, at its AGM held on May 31, 2023. Ex-rights (ex-dividend) trading date is July 4, 2023. Ex-rights (ex-dividend) record date is July 10, 2023. Payment date of cash dividend distribution is July 24, 2023.Reported Earnings • Mar 12Full year 2022 earnings released: NT$0.71 loss per share (vs NT$1.84 profit in FY 2021)Full year 2022 results: NT$0.71 loss per share (down from NT$1.84 profit in FY 2021). Revenue: NT$53.0b (down 6.4% from FY 2021). Net loss: NT$909.8m (down 139% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: NT$0.38 loss per share (down from NT$0.38 profit in 3Q 2021). Revenue: NT$12.8b (down 19% from 3Q 2021). Net loss: NT$485.0m (down 200% from profit in 3Q 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Xian-Bi Qiu was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Nov 12Pinghu Longchen Announces Executive ChangesPinghu Longchen announced Executive Changes. Title and name of the previous position holder: Director of the company: CHENG,YING-PIN; Director of the company: CHENG,KUO-TAI; Supervisor of the company: WU,KUO-SHAN. Resume of the previous position holder: Longchen Paper & Packaging Co., Ltd./Chairman, Longchen Paper Japan Co.,Ltd./Chairman, Longchen Paper & Packaging Co., Ltd./Senior Assistant Vice president. Title and name of the new position holder: Director of the company: CHEN,HSI-PAN; Director of the company: SHAO,MING-JUI; Supervisor of the company: WU,YING-CHIEH. Resume of the new position holder: Longchen Paper & Packaging Co., Ltd./Assistant Vice president, Pinghu Longchen Greentech Co., Ltd./Assistant Vice president, Hubei Longchen Greentech Co., Ltd./Manager. Effective date of the new appointment: November 11, 2022 - March 9, 2023.Reported Earnings • Aug 15Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$0.23 (down from NT$0.71 in 2Q 2021). Revenue: NT$13.2b (down 5.7% from 2Q 2021). Net income: NT$289.3m (down 68% from 2Q 2021). Profit margin: 2.2% (down from 6.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 13Longchen Paper & Packaging Co., Ltd. Announces Appointment of Lin,Yen-Mi as Chief Information Security OfficerLongchen Paper & Packaging Co., Ltd. announced appointment of Lin,Yen-Mi as Chief Information Security Officer. Name, title, and resume of the new position holder: Mr. Lin,Yen-Mi/Chief Information Officer of Longchen P&P. Effective date is August 12, 2022.お知らせ • Jul 09Longchen Paper & Packaging Co., Ltd. Announces Management ChangesLongchen Paper & Packaging Co., Ltd. appoints CHIU,HSIEN-PI, Department of Finance, National Taiwan University Professor and Experience Director as member of resignation committee replacing WU,CHIH-WEI.Upcoming Dividend • Jun 28Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (5.3%).お知らせ • Jun 09Longchen Paper & Packaging Co., Ltd. Announces Dividend on Common Share, Payable on July 25, 2022Longchen Paper & Packaging Co., Ltd. announced dividend of TWD 1.2 per common share, payable on July 25, 2022. Ex-rights (ex-dividend) trading date is July 5, 2022 and record date is July 11, 2022.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.40 in 1Q 2021)First quarter 2022 results: EPS: NT$0.01 (down from NT$0.40 in 1Q 2021). Revenue: NT$13.6b (up 21% from 1Q 2021). Net income: NT$11.7m (down 98% from 1Q 2021). Profit margin: 0.1% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Xian-Bi Qiu was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 19Longchen Paper & Packaging Co., Ltd. on Behalf of Major Subsidiary Jiangsu Longchen Announces Board ChangesLongchen Paper & Packaging Co., Ltd., on behalf of major subsidiary Jiangsu Longchen, replaced Yao,Chang-Kun with GYao,Chang-Kun as chairperson of the company, effective date of appointment is April 18, 2022.Reported Earnings • Mar 14Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$1.84 (up from NT$0.77 in FY 2020). Revenue: NT$56.6b (up 36% from FY 2020). Net income: NT$2.35b (up 149% from FY 2020). Profit margin: 4.2% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$15.7b (up 32% from 3Q 2020). Net income: NT$483.1m (up 51% from 3Q 2020). Profit margin: 3.1% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% 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 15Second quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.032 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$14.0b (up 44% from 2Q 2020). Net income: NT$911.2m (up NT$949.7m from 2Q 2020). Profit margin: 6.5% (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 fallen by 16% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 24Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 23 July 2021. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (2.0%).Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$26.30, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 12x in the Forestry industry in Taiwan. Total loss to shareholders of 8.8% over the past three years.Executive Departure • May 25VP & CFO has left the companyOn the 14th of May, Yung-Fang Tsou's tenure as VP & CFO ended after 13.2 years in the role. We don't have any record of a personal shareholding under Yung-Fang's name. Yung-Fang is the only executive to leave the company over the last 12 months.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 61% from 1Q 2020). Net income: NT$509.6m (up 236% from 1Q 2020). Profit margin: 4.5% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. 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 13% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$21.90, the stock trades at a trailing P/E ratio of 28.4x. Average forward P/E is 13x in the Forestry industry in Asia. Total loss to shareholders of 26% over the past three years.分析記事 • Apr 23Longchen Paper & Packaging (TPE:1909) Is Reinvesting At Lower Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...分析記事 • Apr 10Is It Time To Consider Buying Longchen Paper & Packaging Co., Ltd. (TPE:1909)?While Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) might not be the most widely known stock at the moment, it saw...お知らせ • Mar 17Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Jun 17, 2021Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Jun 17, 2021.分析記事 • Mar 13Longchen Paper & Packaging (TPE:1909) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$0.77 (vs NT$0.45 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$41.6b (down 13% from FY 2019). Net income: NT$945.9m (up 77% from FY 2019). Profit margin: 2.3% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.分析記事 • Feb 26Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A Good Dividend Stock?Is Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) a good dividend stock? How can we tell? Dividend paying companies...Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$24.00, the stock is trading at a trailing P/E ratio of 30.3x, up from the previous P/E ratio of 26x. This compares to an average P/E of 19x in the Forestry industry in Asia. Total return to shareholders over the past three years is a loss of 21%.Is New 90 Day High Low • Feb 20New 90-day high: NT$24.00The company is up 41% from its price of NT$17.00 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 11% over the same period.分析記事 • Jan 22Should We Be Excited About The Trends Of Returns At Longchen Paper & Packaging (TPE:1909)?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...分析記事 • Jan 04Based On Its ROE, Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A High Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...分析記事 • Dec 18Here's What Longchen Paper & Packaging Co., Ltd.'s (TPE:1909) Shareholder Ownership Structure Looks LikeA look at the shareholders of Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) can tell us which group is most...Is New 90 Day High Low • Dec 15New 90-day high: NT$20.85The company is up 12% from its price of NT$18.55 on 16 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period.Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to NT$19.40, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 17x in the Forestry industry in Asia. Total return to shareholders over the past three years is a loss of 48%.分析記事 • Nov 30These 4 Measures Indicate That Longchen Paper & Packaging (TPE:1909) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 30New 90-day high: NT$19.05The company is up 12% from its price of NT$17.05 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS NT$0.26The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$11.9b (down 1.3% from 3Q 2019). Net income: NT$320.9m (up NT$409.4m from 3Q 2019). Profit margin: 2.7% (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 26% per year, which means it has not declined as severely as earnings.Price Target Changed • Oct 01Price target lowered to NT$12.00Down from NT$16.00, the current price target is provided by 1 analyst. The new target price is 28% below the current share price of NT$16.75. As of last close, the stock is up 23% over the past year.収支内訳Longchen Paper & Packaging の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:1909 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 2645,245-4073,1231,37431 Dec 2544,708-5173,0811,33730 Sep 2545,387-9583,1801,28230 Jun 2545,875-1,0773,1741,32131 Mar 2547,287-5173,1541,34431 Dec 2447,800-3743,1351,32630 Sep 2447,398-732,9921,43430 Jun 2447,280762,9941,41131 Mar 2446,626-3782,9391,44531 Dec 2346,712-1,0223,0341,46030 Sep 2347,812-1,8043,0911,39730 Jun 2348,936-2,1743,2011,41231 Mar 2350,226-1,5593,3251,44931 Dec 2252,968-9103,3181,48330 Sep 2255,2432653,4381,58330 Jun 2258,1861,2333,5161,66331 Mar 2258,9921,8553,5571,64231 Dec 2156,6082,3533,5271,62430 Sep 2153,8652,4163,4681,53130 Jun 2150,0802,2533,3231,44231 Mar 2145,8021,3043,2311,33931 Dec 2041,6019463,0101,21130 Sep 2040,9969603,0411,19830 Jun 2041,1535513,1641,17631 Mar 2043,1945293,2061,23331 Dec 1947,7155343,4281,34130 Sep 1948,177-143,3811,32130 Jun 1949,292443,3131,41831 Mar 1952,5398253,3001,45031 Dec 1852,3149353,2031,38430 Sep 1854,2221,8553,1601,32830 Jun 1853,6343,0023,1491,23631 Mar 1848,2683,1843,1021,10731 Dec 1746,7173,8833,2031,09730 Sep 1741,1464,4153,0861,01930 Jun 1736,4043,4672,87987931 Mar 1734,9423,1212,73284831 Dec 1632,5122,4072,60283730 Sep 1629,7821,1372,42383730 Jun 1628,8601,2292,32584231 Mar 1627,4961,0112,24780631 Dec 1526,8279352,13477030 Sep 1527,5507792,55573230 Jun 1527,6409782,505743質の高い収益: 1909は現在利益が出ていません。利益率の向上: 1909は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 1909は利益が出ておらず、過去 5 年間で損失は年間51.1%の割合で増加しています。成長の加速: 1909の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: 1909は利益が出ていないため、過去 1 年間の収益成長をForestry業界 ( -0.9% ) と比較することは困難です。株主資本利益率高いROE: 1909は現在利益が出ていないため、自己資本利益率 ( -1.98% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 09:23終値2026/05/22 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Longchen Paper & Packaging 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。3 アナリスト機関Xiu Lian WuCapital Securities CorporationShawn YangMasterlink Securities Investment AdvisoryRobbie TsengYuanta Research
Reported Earnings • May 12First quarter 2026 earnings released: NT$0.021 loss per share (vs NT$0.10 loss in 1Q 2025)First quarter 2026 results: NT$0.021 loss per share (improved from NT$0.10 loss in 1Q 2025). Revenue: NT$10.8b (up 5.3% from 1Q 2025). Net loss: NT$27.2m (loss narrowed 80% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.39 loss per share (vs NT$0.28 loss in FY 2024)Full year 2025 results: NT$0.39 loss per share (further deteriorated from NT$0.28 loss in FY 2024). Revenue: NT$44.7b (down 6.5% from FY 2024). Net loss: NT$516.6m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$11.3b (down 4.2% from 3Q 2024). Net loss: NT$144.3m (loss narrowed 45% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.096 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.096 profit in 2Q 2024). Revenue: NT$11.2b (down 11% from 2Q 2024). Net loss: NT$432.4m (down 438% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.
Reported Earnings • May 13First quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.005 profit in 1Q 2024)First quarter 2025 results: NT$0.10 loss per share (down from NT$0.005 profit in 1Q 2024). Revenue: NT$10.2b (down 4.8% from 1Q 2024). Net loss: NT$137.3m (down NT$143.7m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • May 03Longchen Paper & Packaging Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
Reported Earnings • May 12First quarter 2026 earnings released: NT$0.021 loss per share (vs NT$0.10 loss in 1Q 2025)First quarter 2026 results: NT$0.021 loss per share (improved from NT$0.10 loss in 1Q 2025). Revenue: NT$10.8b (up 5.3% from 1Q 2025). Net loss: NT$27.2m (loss narrowed 80% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.39 loss per share (vs NT$0.28 loss in FY 2024)Full year 2025 results: NT$0.39 loss per share (further deteriorated from NT$0.28 loss in FY 2024). Revenue: NT$44.7b (down 6.5% from FY 2024). Net loss: NT$516.6m (loss widened 38% from FY 2024). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
お知らせ • Mar 12Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 27, 2026Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 27, 2026, at 09:30 Taipei Standard Time. Location: no,1-1 kuang hsing ln., erhlin township, changhua county Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.11 loss per share (vs NT$0.20 loss in 3Q 2024)Third quarter 2025 results: NT$0.11 loss per share (improved from NT$0.20 loss in 3Q 2024). Revenue: NT$11.3b (down 4.2% from 3Q 2024). Net loss: NT$144.3m (loss narrowed 45% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
New Risk • Sep 13New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: NT$13.3m (US$438.7k) This is considered a major 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: Major Risks Debt is not well covered by operating cash flow (4.6% operating cash flow to total debt). Earnings have declined by 50% per year over the past 5 years. Market cap is less than US$10m (NT$13.3m market cap, or US$438.7k).
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.096 profit in 2Q 2024)Second quarter 2025 results: NT$0.33 loss per share (down from NT$0.096 profit in 2Q 2024). Revenue: NT$11.2b (down 11% from 2Q 2024). Net loss: NT$432.4m (down 438% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year and the company’s share price has also fallen by 13% per year.
Reported Earnings • May 13First quarter 2025 earnings released: NT$0.10 loss per share (vs NT$0.005 profit in 1Q 2024)First quarter 2025 results: NT$0.10 loss per share (down from NT$0.005 profit in 1Q 2024). Revenue: NT$10.2b (down 4.8% from 1Q 2024). Net loss: NT$137.3m (down NT$143.7m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
お知らせ • May 03Longchen Paper & Packaging Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
お知らせ • Mar 13Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 28, 2025Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 28, 2025, at 09:30 Taipei Standard Time. Location: no,1-1 kuang hsing ln., erhlin township, changhua county Taiwan
Reported Earnings • Mar 13Full year 2024 earnings released: NT$0.28 loss per share (vs NT$0.77 loss in FY 2023)Full year 2024 results: NT$0.28 loss per share (improved from NT$0.77 loss in FY 2023). Revenue: NT$47.8b (up 2.3% from FY 2023). Net loss: NT$373.6m (loss narrowed 63% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 28Longchen Paper & Packaging Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025Longchen Paper & Packaging Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 08Third quarter 2024 earnings released: NT$0.20 loss per share (vs NT$0.086 loss in 3Q 2023)Third quarter 2024 results: NT$0.20 loss per share (further deteriorated from NT$0.086 loss in 3Q 2023). Revenue: NT$11.8b (up 1.0% from 3Q 2023). Net loss: NT$263.3m (loss widened 130% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 31Longchen Paper & Packaging Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q3, 2024 results on Nov 06, 2024
Buy Or Sell Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.8% to NT$13.65. The fair value is estimated to be NT$17.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Sep 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.8% to NT$13.10. The fair value is estimated to be NT$17.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.3% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.25 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.10 (up from NT$0.25 loss in 2Q 2023). Revenue: NT$12.6b (up 5.5% from 2Q 2023). Net income: NT$127.8m (up NT$454.1m from 2Q 2023). Profit margin: 1.0% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 13Longchen Paper & Packaging Co., Ltd. Announces Sustainable Development Committee AppointmentsLongchen Paper & Packaging Co., Ltd. announced Board of Director's resolution to appoint members of the Sustainable Development Committee. Date of occurrence of the change is August 12, 2024. Name of the new position holder: Chiu, Shean-Bii, Wen,Shun-Te, Chang, Lan-Hsin. Resume of the new position holder: Chiu, Shean-Bii,Professor of Finance, National Taiwan University. Wen,Shun-Te,Independent directors of Froch Enterprise Co., Ltd. Chang, Lan-Hsin,Vice chairman of Taiwan Farm Industry Co., Ltd. Reason for the change: new appointment. Effective date of the new member: August 12, 2024 to May 30, 2026.
分析記事 • Aug 06Here's Why Longchen Paper & Packaging (TWSE:1909) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Aug 03Longchen Paper & Packaging Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
Reported Earnings • May 15First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: NT$10.7b (flat on 1Q 2023). Net income: NT$6.45m (up NT$643.5m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance.
お知らせ • May 05Longchen Paper & Packaging Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Longchen Paper & Packaging Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
お知らせ • Mar 28Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Apr 10, 2024Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Apr 10, 2024. Location: No. 33 Jinyang Road ALujiaTown Kunshan City Jiangsu China Agenda: To consider the Board of Directors Report for 2023; to consider the 2023 Financial Report; to consider the 2023 Profit Distribution; to consider the 2024 Financial Budget; to consider the Amount of Daily Related Parties Transactions for 2023; to consider the Target Amount of Daily Related Parties Transactions for 2024; to consider the Mandate of 2024 Auditor; and to consider other matters.
お知らせ • Mar 12+ 1 more updateLongchen Paper & Packaging Co., Ltd., Annual General Meeting, May 30, 2024Longchen Paper & Packaging Co., Ltd., Annual General Meeting, May 30, 2024. Location: 1-1, Kuang Hsin Lane, Kuang Hsin Li, Erlin Town, Changhua Hsien Taiwan Agenda: To consider 2023 Annual Business Overview; to consider audit committee's Review Report of 2023; to consider 2023 Annual Employee's Bonus Distribution Report; to consider 2023 Cash Dividends Distribution Report; to consider execution report of domestic unsecured convertible corporate bond; to consider 2023 Related Party Transaction Report; and to transact other business.
Reported Earnings • Mar 12Full year 2023 earnings released: NT$0.77 loss per share (vs NT$0.71 loss in FY 2022)Full year 2023 results: NT$0.77 loss per share (further deteriorated from NT$0.71 loss in FY 2022). Revenue: NT$46.7b (down 12% from FY 2022). Net loss: NT$1.02b (loss widened 12% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 15+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Change of the Director on Behalf of Major Subsidiary Wuxi LongchenLongchen Paper & Packaging Co., Ltd. announced change of the director on behalf of major subsidiary Wuxi Longchen. Title and name of the previous position holder: Director of the company: Yao,Chang-Kun; Director of the company: Kao,Wei-Hung; Director of the company: Hsu,Ko-Liang. Resume of the previous position holder: Jiangsu Longchen Greentech Co., Ltd/Chairman; Jiangsu Longchen Greentech Co., Ltd/General Manager; Pinghu Longchen Greentech Co., Ltd./Vice president. Title and name of the new position holder: Director of the company: Wu,Kuo-Chen; Director of the company: Wang,Jui-Jung; Director of the company:Li,Hsing-Lin. Resume of the new position holder: Longchen Paper & Packaging Co., Ltd./Vice president; Longchen Paper & Packaging Co., Ltd. Assistant Vice president; Pinghu Longchen Greentech Co., Ltd./Chairman. Effective date of the new appointment is November 13, 2023 to December 30, 2024.
Reported Earnings • Aug 19Second quarter 2023 earnings released: NT$0.25 loss per share (vs NT$0.23 profit in 2Q 2022)Second quarter 2023 results: NT$0.25 loss per share (down from NT$0.23 profit in 2Q 2022). Revenue: NT$11.9b (down 9.7% from 2Q 2022). Net loss: NT$326.3m (down 213% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 27Upcoming dividend of NT$0.25 per share at 1.5% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 24 July 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.5%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (1.8%).
お知らせ • Jun 02+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Changes in Remuneration CommitteeLongchen Paper & Packaging Co., Ltd. appointed Wen,Shun-Te, Independent directors of Froch Enterprise Co., Ltd. and Chang, Lan-Hsin,,Vice chairman of Taiwan Farm Industry Co., Ltd. as Members of the 5th Remuneration Committee in place of Li, Tsun-Siou, Adjunct professor of EMBA, National Taiwan University and Wu, Chie-Fuh, Convener of Remuneration Committee, Longchen Paper & Packaging Co., Ltd. Reason for the change: term expired. Effective date of the new member is May 31, 2023.
お知らせ • Jun 01+ 1 more updateLongchen Paper & Packaging Co., Ltd. Announces Cash Dividend, Payable on July 24, 2023Longchen Paper & Packaging Co., Ltd. announced a cash dividends to common share holders of TWD 331,411,932 or TWD 0.25 per share, at its AGM held on May 31, 2023. Ex-rights (ex-dividend) trading date is July 4, 2023. Ex-rights (ex-dividend) record date is July 10, 2023. Payment date of cash dividend distribution is July 24, 2023.
Reported Earnings • Mar 12Full year 2022 earnings released: NT$0.71 loss per share (vs NT$1.84 profit in FY 2021)Full year 2022 results: NT$0.71 loss per share (down from NT$1.84 profit in FY 2021). Revenue: NT$53.0b (down 6.4% from FY 2021). Net loss: NT$909.8m (down 139% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: NT$0.38 loss per share (down from NT$0.38 profit in 3Q 2021). Revenue: NT$12.8b (down 19% from 3Q 2021). Net loss: NT$485.0m (down 200% from profit in 3Q 2021). Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) were also behind analyst expectations. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Xian-Bi Qiu was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Nov 12Pinghu Longchen Announces Executive ChangesPinghu Longchen announced Executive Changes. Title and name of the previous position holder: Director of the company: CHENG,YING-PIN; Director of the company: CHENG,KUO-TAI; Supervisor of the company: WU,KUO-SHAN. Resume of the previous position holder: Longchen Paper & Packaging Co., Ltd./Chairman, Longchen Paper Japan Co.,Ltd./Chairman, Longchen Paper & Packaging Co., Ltd./Senior Assistant Vice president. Title and name of the new position holder: Director of the company: CHEN,HSI-PAN; Director of the company: SHAO,MING-JUI; Supervisor of the company: WU,YING-CHIEH. Resume of the new position holder: Longchen Paper & Packaging Co., Ltd./Assistant Vice president, Pinghu Longchen Greentech Co., Ltd./Assistant Vice president, Hubei Longchen Greentech Co., Ltd./Manager. Effective date of the new appointment: November 11, 2022 - March 9, 2023.
Reported Earnings • Aug 15Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$0.23 (down from NT$0.71 in 2Q 2021). Revenue: NT$13.2b (down 5.7% from 2Q 2021). Net income: NT$289.3m (down 68% from 2Q 2021). Profit margin: 2.2% (down from 6.5% in 2Q 2021). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 4.8%. Earnings per share (EPS) also surpassed analyst estimates. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 13Longchen Paper & Packaging Co., Ltd. Announces Appointment of Lin,Yen-Mi as Chief Information Security OfficerLongchen Paper & Packaging Co., Ltd. announced appointment of Lin,Yen-Mi as Chief Information Security Officer. Name, title, and resume of the new position holder: Mr. Lin,Yen-Mi/Chief Information Officer of Longchen P&P. Effective date is August 12, 2022.
お知らせ • Jul 09Longchen Paper & Packaging Co., Ltd. Announces Management ChangesLongchen Paper & Packaging Co., Ltd. appoints CHIU,HSIEN-PI, Department of Finance, National Taiwan University Professor and Experience Director as member of resignation committee replacing WU,CHIH-WEI.
Upcoming Dividend • Jun 28Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 05 July 2022. Payment date: 25 July 2022. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (5.3%).
お知らせ • Jun 09Longchen Paper & Packaging Co., Ltd. Announces Dividend on Common Share, Payable on July 25, 2022Longchen Paper & Packaging Co., Ltd. announced dividend of TWD 1.2 per common share, payable on July 25, 2022. Ex-rights (ex-dividend) trading date is July 5, 2022 and record date is July 11, 2022.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.40 in 1Q 2021)First quarter 2022 results: EPS: NT$0.01 (down from NT$0.40 in 1Q 2021). Revenue: NT$13.6b (up 21% from 1Q 2021). Net income: NT$11.7m (down 98% from 1Q 2021). Profit margin: 0.1% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Xian-Bi Qiu was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 19Longchen Paper & Packaging Co., Ltd. on Behalf of Major Subsidiary Jiangsu Longchen Announces Board ChangesLongchen Paper & Packaging Co., Ltd., on behalf of major subsidiary Jiangsu Longchen, replaced Yao,Chang-Kun with GYao,Chang-Kun as chairperson of the company, effective date of appointment is April 18, 2022.
Reported Earnings • Mar 14Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$1.84 (up from NT$0.77 in FY 2020). Revenue: NT$56.6b (up 36% from FY 2020). Net income: NT$2.35b (up 149% from FY 2020). Profit margin: 4.2% (up from 2.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.26 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$15.7b (up 32% from 3Q 2020). Net income: NT$483.1m (up 51% from 3Q 2020). Profit margin: 3.1% (up from 2.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% 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 15Second quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.032 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$14.0b (up 44% from 2Q 2020). Net income: NT$911.2m (up NT$949.7m from 2Q 2020). Profit margin: 6.5% (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 fallen by 16% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 24Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 01 July 2021. Payment date: 23 July 2021. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (2.0%).
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$26.30, the stock trades at a trailing P/E ratio of 24.8x. Average forward P/E is 12x in the Forestry industry in Taiwan. Total loss to shareholders of 8.8% over the past three years.
Executive Departure • May 25VP & CFO has left the companyOn the 14th of May, Yung-Fang Tsou's tenure as VP & CFO ended after 13.2 years in the role. We don't have any record of a personal shareholding under Yung-Fang's name. Yung-Fang is the only executive to leave the company over the last 12 months.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.13 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 61% from 1Q 2020). Net income: NT$509.6m (up 236% from 1Q 2020). Profit margin: 4.5% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. 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 13% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$21.90, the stock trades at a trailing P/E ratio of 28.4x. Average forward P/E is 13x in the Forestry industry in Asia. Total loss to shareholders of 26% over the past three years.
分析記事 • Apr 23Longchen Paper & Packaging (TPE:1909) Is Reinvesting At Lower Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
分析記事 • Apr 10Is It Time To Consider Buying Longchen Paper & Packaging Co., Ltd. (TPE:1909)?While Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) might not be the most widely known stock at the moment, it saw...
お知らせ • Mar 17Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Jun 17, 2021Longchen Paper & Packaging Co., Ltd., Annual General Meeting, Jun 17, 2021.
分析記事 • Mar 13Longchen Paper & Packaging (TPE:1909) Has A Somewhat Strained Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 13Full year 2020 earnings released: EPS NT$0.77 (vs NT$0.45 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$41.6b (down 13% from FY 2019). Net income: NT$945.9m (up 77% from FY 2019). Profit margin: 2.3% (up from 1.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 26Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A Good Dividend Stock?Is Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) a good dividend stock? How can we tell? Dividend paying companies...
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$24.00, the stock is trading at a trailing P/E ratio of 30.3x, up from the previous P/E ratio of 26x. This compares to an average P/E of 19x in the Forestry industry in Asia. Total return to shareholders over the past three years is a loss of 21%.
Is New 90 Day High Low • Feb 20New 90-day high: NT$24.00The company is up 41% from its price of NT$17.00 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 11% over the same period.
分析記事 • Jan 22Should We Be Excited About The Trends Of Returns At Longchen Paper & Packaging (TPE:1909)?Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
分析記事 • Jan 04Based On Its ROE, Is Longchen Paper & Packaging Co., Ltd. (TPE:1909) A High Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
分析記事 • Dec 18Here's What Longchen Paper & Packaging Co., Ltd.'s (TPE:1909) Shareholder Ownership Structure Looks LikeA look at the shareholders of Longchen Paper & Packaging Co., Ltd. ( TPE:1909 ) can tell us which group is most...
Is New 90 Day High Low • Dec 15New 90-day high: NT$20.85The company is up 12% from its price of NT$18.55 on 16 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Forestry industry, which is up 15% over the same period.
Valuation Update With 7 Day Price Move • Dec 01Market bids up stock over the past weekAfter last week's 15% share price gain to NT$19.40, the stock is trading at a trailing P/E ratio of 24.5x, up from the previous P/E ratio of 21.3x. This compares to an average P/E of 17x in the Forestry industry in Asia. Total return to shareholders over the past three years is a loss of 48%.
分析記事 • Nov 30These 4 Measures Indicate That Longchen Paper & Packaging (TPE:1909) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 30New 90-day high: NT$19.05The company is up 12% from its price of NT$17.05 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Forestry industry, which is up 10.0% over the same period.
Reported Earnings • Nov 16Third quarter 2020 earnings released: EPS NT$0.26The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$11.9b (down 1.3% from 3Q 2019). Net income: NT$320.9m (up NT$409.4m from 3Q 2019). Profit margin: 2.7% (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 26% per year, which means it has not declined as severely as earnings.
Price Target Changed • Oct 01Price target lowered to NT$12.00Down from NT$16.00, the current price target is provided by 1 analyst. The new target price is 28% below the current share price of NT$16.75. As of last close, the stock is up 23% over the past year.