Goldsun Building Materials（2504）株式概要金順建材股份有限公司は子会社とともに、台湾および中国本土でプレミックスコンクリート、セメント、ケイ酸カルシウム板の製造・販売を行っている。 詳細2504 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績2/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より9.7%で取引されている リスク分析7.5%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見る2504 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$34.6531.3% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b28b2016201920222025202620282031Revenue NT$23.6bEarnings NT$4.1bAdvancedSet Fair ValueView all narrativesGoldsun Building Materials Co., Ltd. 競合他社Universal CementSymbol: TWSE:1104Market cap: NT$18.9bCHC ResourcesSymbol: TWSE:9930Market cap: NT$16.8bAsia CementSymbol: TWSE:1102Market cap: NT$122.0bChia Hsin CementSymbol: TWSE:1103Market cap: NT$8.6b価格と性能株価の高値、安値、推移の概要Goldsun Building Materials過去の株価現在の株価NT$34.6552週高値NT$46.7052週安値NT$33.50ベータ0.191ヶ月の変化-5.20%3ヶ月変化n/a1年変化-18.76%3年間の変化20.73%5年間の変化38.05%IPOからの変化50.54%最新ニュースReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.71 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (down from NT$0.71 in 1Q 2025). Revenue: NT$5.03b (down 6.0% from 1Q 2025). Net income: NT$822.2m (down 1.7% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$3.30 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$3.30 (down from NT$3.90 in FY 2024). Revenue: NT$22.5b (up 3.7% from FY 2024). Net income: NT$3.88b (down 15% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • Mar 02Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.87 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.87 (up from NT$0.73 in 3Q 2024). Revenue: NT$5.55b (up 3.4% from 3Q 2024). Net income: NT$1.02b (up 19% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$0.87 (down from NT$1.66 in 2Q 2024). Revenue: NT$5.89b (up 7.0% from 2Q 2024). Net income: NT$1.03b (down 48% from 2Q 2024). Profit margin: 17% (down from 36% in 2Q 2024). Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).最新情報をもっと見るRecent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.71 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (down from NT$0.71 in 1Q 2025). Revenue: NT$5.03b (down 6.0% from 1Q 2025). Net income: NT$822.2m (down 1.7% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$3.30 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$3.30 (down from NT$3.90 in FY 2024). Revenue: NT$22.5b (up 3.7% from FY 2024). Net income: NT$3.88b (down 15% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.お知らせ • Mar 02Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.87 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.87 (up from NT$0.73 in 3Q 2024). Revenue: NT$5.55b (up 3.4% from 3Q 2024). Net income: NT$1.02b (up 19% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$0.87 (down from NT$1.66 in 2Q 2024). Revenue: NT$5.89b (up 7.0% from 2Q 2024). Net income: NT$1.03b (down 48% from 2Q 2024). Profit margin: 17% (down from 36% in 2Q 2024). Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 20Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).Declared Dividend • Jun 06Dividend increased to NT$2.80Dividend of NT$2.80 is 33% higher than last year. Ex-date: 24th June 2025 Payment date: 18th July 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next year. However, it would need to fall by 20% to increase the payout ratio to a potentially unsustainable range.お知らせ • May 30Goldsun Building Materials Co., Ltd. Approves Cash Dividend for the Year 2024Goldsun Building Materials Co., Ltd. announced at annual general meeting held on May 29, 2025, the shareholders approved to distribute cash dividends to shareholders TWD 2.8 per common share for the year 2024.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.71 (up from NT$0.70 in 1Q 2024). Revenue: NT$5.35b (up 4.0% from 1Q 2024). Net income: NT$836.8m (up 1.3% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.8% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • May 02Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$41.05. The fair value is estimated to be NT$33.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.お知らせ • May 01Goldsun Building Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Goldsun Building Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$35.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 32% over the past three years.New Risk • Mar 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% 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: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Price Target Changed • Mar 07Price target decreased by 30% to NT$45.00Down from NT$64.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$43.65. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$2.96 for next year compared to NT$3.90 last year.お知らせ • Mar 03Goldsun Building Materials Co., Ltd., Annual General Meeting, May 29, 2025Goldsun Building Materials Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city TaiwanReported Earnings • Mar 01Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$3.90 (up from NT$3.00 in FY 2023). Revenue: NT$21.7b (up 3.2% from FY 2023). Net income: NT$4.59b (up 30% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 01Goldsun Building Materials Co., Ltd. Announces Cash Dividend for the Year Ended December 31, 2024Goldsun Building Materials Co., Ltd. announced cash dividend to shareholders of TWD 2.8 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders is TWD 3,304,000,000. Par value of common stock is TWD 10 per share.お知らせ • Feb 20Goldsun Building Materials Co., Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Goldsun Building Materials Co., Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025分析記事 • Feb 10Here's Why Goldsun Building Materials (TWSE:2504) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$43.95, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 100% over the past three years.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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: Major Risk Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Large one-off items impacting financial results.分析記事 • Nov 18Goldsun Building Materials' (TWSE:2504) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Goldsun Building Materials Co., Ltd.'s ( TWSE:2504 ) stock hasn't...Reported Earnings • Nov 12Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.73 (up from NT$0.63 in 3Q 2023). Revenue: NT$5.37b (up 4.5% from 3Q 2023). Net income: NT$860.3m (up 15% from 3Q 2023). Profit margin: 16% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 5.2%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Oct 29With EPS Growth And More, Goldsun Building Materials (TWSE:2504) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Oct 15Goldsun Building Materials (TWSE:2504) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Sep 26Calculating The Intrinsic Value Of Goldsun Building Materials Co., Ltd. (TWSE:2504)Key Insights Using the 2 Stage Free Cash Flow to Equity, Goldsun Building Materials fair value estimate is NT$55.96...分析記事 • Sep 12Is Goldsun Building Materials (TWSE:2504) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...New Risk • Aug 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (246% cash payout ratio). Large one-off items impacting financial results.New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (246% cash payout ratio).Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.66 (up from NT$0.64 in 2Q 2023). Revenue: NT$5.50b (up 6.1% from 2Q 2023). Net income: NT$1.96b (up 159% from 2Q 2023). Profit margin: 36% (up from 15% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 03Goldsun Building Materials Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Goldsun Building Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024分析記事 • Jul 11Should You Be Adding Goldsun Building Materials (TWSE:2504) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...分析記事 • Jun 20Goldsun Building Materials' (TWSE:2504) Dividend Will Be Increased To NT$2.10Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) has announced that it will be increasing its dividend from last...Upcoming Dividend • Jun 19Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).分析記事 • Jun 06Goldsun Building Materials' (TWSE:2504) Dividend Will Be Increased To NT$2.10Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) will increase its dividend from last year's comparable payment on...Declared Dividend • Jun 05Dividend increased to NT$2.10Dividend of NT$2.10 is 5.0% higher than last year. Ex-date: 25th June 2024 Payment date: 19th July 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 1.4% over the next year, which should provide support to the dividend and adequate earnings cover.分析記事 • Jun 05Is Goldsun Building Materials (TWSE:2504) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Jun 01Goldsun Building Materials Co., Ltd. Approves Cash Dividend for the Year 2023Goldsun Building Materials Co., Ltd. at its regular shareholders meeting held on May 31, 2024, approved to distribute cash dividends to shareholders of TWD 2.1 per common share for the year 2023.Reported Earnings • May 18First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$0.70 (down from NT$0.72 in 1Q 2023). Revenue: NT$5.15b (up 2.4% from 1Q 2023). Net income: NT$825.9m (down 2.5% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 1.1% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • May 08Returns On Capital Are Showing Encouraging Signs At Goldsun Building Materials (TWSE:2504)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...お知らせ • May 05Goldsun Building Materials Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Goldsun Building Materials Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024Buy Or Sell Opportunity • Apr 25Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 62% to NT$47.25. The fair value is estimated to be NT$38.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to decline by 4.2% in the next 2 years.Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$48.05, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Basic Materials industry in Asia. Total returns to shareholders of 108% over the past three years.分析記事 • Apr 18Goldsun Building Materials Co., Ltd.'s (TWSE:2504) Price Is Right But Growth Is Lacking After Shares Rocket 30%Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) shares have continued their recent momentum with a 30% gain in the...Buy Or Sell Opportunity • Apr 18Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 69% to NT$47.35. The fair value is estimated to be NT$38.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to decline by 4.2% in the next 2 years.分析記事 • Mar 28A Look At The Intrinsic Value Of Goldsun Building Materials Co., Ltd. (TWSE:2504)Key Insights Using the 2 Stage Free Cash Flow to Equity, Goldsun Building Materials fair value estimate is NT$37.79...Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$3.00 (vs NT$3.51 in FY 2022)Full year 2023 results: EPS: NT$3.00 (down from NT$3.51 in FY 2022). Revenue: NT$21.0b (down 1.1% from FY 2022). Net income: NT$3.53b (down 15% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.分析記事 • Mar 02A Piece Of The Puzzle Missing From Goldsun Building Materials Co., Ltd.'s (TWSE:2504) Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...お知らせ • Mar 01+ 1 more updateGoldsun Building Materials Co., Ltd., Annual General Meeting, May 31, 2024Goldsun Building Materials Co., Ltd., Annual General Meeting, May 31, 2024. Location: 151, Sec. 5, Danjin Rd., Tamsui Dist., New Taipei City New Taipei City Taiwan Agenda: To consider Business Report of 2023; to consider Audit committee's review opinions on 2023 annual final accounting books and statements; to consider Report on 2023 employees' and directors' compensation; to consider Report on 2023 related-party transactions; to consider Amendment to the Ethical Corporate Management Best Practice Principles; to adoption of the 2023 Business Report and Financial Statements; to adoption of the Proposal for Distribution of 2023 Profits.Price Target Changed • Feb 17Price target increased by 28% to NT$37.00Up from NT$29.00, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$29.90. Stock is up 12% over the past year. The company is forecast to post earnings per share of NT$2.91 for next year compared to NT$3.51 last year.New Risk • Nov 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 21x cash flows per share).お知らせ • Nov 11Goldsun Building Materials Co., Ltd. Announces Appointments to Sustainable and Nominating CommitteeGoldsun Building Materials Co., Ltd. announced appointment of Wen-Che Tseng(Independent director), Tai-Jen Chen(Independent director), Yin-Wen Chan(Independent director) and Chi-Te Hung(Independent director)to Sustainable and Nominating Committee. Effective date of the new member is November 10, 2023.Price Target Changed • Sep 05Price target decreased by 9.4% to NT$29.00Down from NT$32.00, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of NT$26.40. Stock is up 6.2% over the past year. The company is forecast to post earnings per share of NT$2.70 for next year compared to NT$3.51 last year.New Risk • Aug 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 83% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.64 (up from NT$0.60 in 2Q 2022). Revenue: NT$5.19b (down 1.3% from 2Q 2022). Net income: NT$755.1m (up 7.5% from 2Q 2022). Profit margin: 15% (up from 13% in 2Q 2022). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 13Upcoming dividend of NT$2.00 per share at 6.9% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.7%).お知らせ • Jun 01Goldsun Building Materials Co., Ltd. Cash Dividend Distribution, Payable on July 14, 2023Goldsun Building Materials Co., Ltd. announced dividend of TWD 2 per share will be distributed. Date of the resolution by the board of directors or shareholders meeting or decision by the Company May 31 2023 . Ex-rights (ex-dividend) record date: June 26, 2023. Payment date of cash dividend distribution: July 14, 2023.Price Target Changed • May 25Price target increased by 8.5% to NT$32.00Up from NT$29.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$28.75. Stock is up 7.9% over the past year. The company is forecast to post earnings per share of NT$2.80 for next year compared to NT$3.51 last year.Reported Earnings • Feb 28Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$3.51 (up from NT$2.42 in FY 2021). Revenue: NT$21.3b (down 2.4% from FY 2021). Net income: NT$4.13b (up 45% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target increased to NT$30.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of NT$24.50. Stock is down 11% over the past year. The company is forecast to post earnings per share of NT$3.59 for next year compared to NT$2.42 last year.Buying Opportunity • Nov 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.0%. The fair value is estimated to be NT$30.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to decline by 21% in the next 2 years.Buying Opportunity • Nov 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be NT$29.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 23% in the next 2 years.Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$0.57 (down from NT$0.65 in 3Q 2021). Revenue: NT$5.40b (up 2.4% from 3Q 2021). Net income: NT$670.0m (down 12% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 05Goldsun Building Materials Co., Ltd. Replaces Chiu, Sui-Yi with Cheng, Li-Yen as Accounting Officer, with Effect from November 4, 2022Goldsun Building Materials Co., Ltd. replaced Chiu, Sui-Yi with Cheng, Li-Yen, Vice President of Accounting Department as Accounting Officer, with effect from November 4, 2022.Price Target Changed • Aug 19Price target decreased to NT$28.00Down from NT$37.00, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$25.15. Stock is up 17% over the past year. The company is forecast to post earnings per share of NT$3.72 for next year compared to NT$2.42 last year.Reported Earnings • Aug 08Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.60 (down from NT$0.65 in 2Q 2021). Revenue: NT$5.25b (down 4.2% from 2Q 2021). Net income: NT$702.7m (down 8.7% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 5.1%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 02Goldsun Building Materials Co., Ltd. Announces Appointment of Cliff Lin as Chief Information Security Officer, Effective August 22, 2022Goldsun Building Materials Co., Ltd. announced appointment of Cliff Lin as chief information security officer with effect from August 22, 2022. Name, title, and resume of the new position holder: Cliff Lin, IBM Taiwan Corporation Director.お知らせ • Jul 02Goldsun Building Materials Co., Ltd. Announces Director ChangesGoldsun Building Materials Co., Ltd. announced director changes. Name of the previous position holder: Yong Ni; Name of the new position holder:Shih-Chung Chang, Resume of the new position holder: Director of Goldsun Building Materials Co., Ltd. Reason for the change:The institutional director assigned a new representative. Effective date of the new appointment: 1 July 2022.Upcoming Dividend • Jun 16Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 48% and the cash payout ratio is 92%. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.7%).お知らせ • Jun 01+ 3 more updatesGoldsun Building Materials Co., Ltd. Announces the Change of Remuneration Committee MembersGoldsun Building Materials Co., Ltd. announced the resolution of the board of directors to hire new members of the 5th Remuneration Committee. Name of the previous position holder: Independent director-Wen-Che Tseng; Independent director-Yin-Wen Chan; Independent director-Tai-Jen Chen. Resume of the previous position holder: Independent director-Wen-Che Tseng-Independent director of Catcher Technology CO., LTD.; Independent director-Yin-Wen Chan-Professor at National Taiwan University; Independent director-Tai-Jen Chen-Chairman of the board at Chinese Culture University. Name of the new position holder: Independent director-Wen-Che Tseng; Independent director-Tai-Jen Chen; Independent director-Yin-Wen Chan; Independent director-Chi-Te Hung. Resume of the new position holder: Independent director-Wen-Che Tseng-Independent director of Catcher Technology CO., LTD.; Independent director-Tai-Jen Chen-Chairman of the board at Chinese Culture University; Independent director-Yin-Wen Chan-Professor at National Taiwan University; Independent director-Chi-Te Hung-Chairman of the Chinese Union of Professional Civil Engineers Association. Effective date of the new member is May 31, 2022.Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.77 (up from NT$0.45 in 1Q 2021). Revenue: NT$4.85b (down 4.7% from 1Q 2021). Net income: NT$2.08b (up 293% from 1Q 2021). Profit margin: 43% (up from 10% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 9.6%, compared to a 12% growth forecast for the industry in Taiwan. 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 38% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to NT$37.00Up from NT$33.00, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$29.40. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of NT$3.55 for next year compared to NT$2.42 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Wen-Che Tseng 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.Major Estimate Revision • Apr 08Consensus EPS estimates increase by 42%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$22.0b to NT$23.2b. EPS estimate increased from NT$2.50 to NT$3.55 per share. Net income forecast to grow 47% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$33.00 to NT$37.00. Share price rose 3.5% to NT$31.00 over the past week.お知らせ • Feb 27Goldsun Building Materials Co., Ltd. Proposes Dividend for the Year Ended December 31, 2021Goldsun Building Materials Co., Ltd. proposed cash dividend of TWD 1.8 per share for the year ended December 31, 2021.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.42 (up from NT$2.22 in FY 2020). Revenue: NT$21.8b (up 16% from FY 2020). Net income: NT$2.85b (up 15% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% 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 • Nov 13Third quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.67 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$5.28b (up 12% from 3Q 2020). Net income: NT$762.1m (up 5.8% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). 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 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.65 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: NT$5.48b (up 20% from 2Q 2020). Net income: NT$769.7m (flat on 2Q 2020). Profit margin: 14% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (6.5%).Major Estimate Revision • May 27Consensus revenue estimates increase to NT$22.6bThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from NT$20.0b to NT$22.6b. EPS estimate increased from NT$2.36 to NT$2.45 per share. Net income forecast to grow 7.8% next year vs 13% growth forecast for Basic Materials industry in Taiwan. Consensus price target of NT$34.00 unchanged from last update. Share price rose 13% to NT$25.45 over the past week.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.45 (vs NT$0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$5.09b (up 29% from 1Q 2020). Net income: NT$530.4m (up 98% from 1Q 2020). Profit margin: 10% (up from 6.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$23.05, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 143% over the past three years.分析記事 • Apr 29Investors Will Want Goldsun Building Materials' (TPE:2504) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.90 (vs NT$0.93 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$18.9b (flat on FY 2019). Net income: NT$2.47b (up 125% from FY 2019). Profit margin: 13% (up from 5.8% in FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 34% per year.分析記事 • Mar 27Is It Too Late To Consider Buying Goldsun Building Materials Co., Ltd. (TPE:2504)?Goldsun Building Materials Co., Ltd. ( TPE:2504 ), might not be a large cap stock, but it led the TSEC gainers with a...お知らせ • Mar 17Goldsun Building Materials Co., Ltd. Announces Dividend for the year 2020Goldsun Building Materials Co., Ltd. announced dividend of TWD 1.5 per share. Total amount of cash distributed to shareholders TWD 1,770,000,000.お知らせ • Mar 16Goldsun Building Materials Co., Ltd., Annual General Meeting, Jun 10, 2021Goldsun Building Materials Co., Ltd., Annual General Meeting, Jun 10, 2021. Location: No. 68, Neighborhood 6, Gongguanli, Zhunan Township, Miaoli County (Zhunan Factory) Zhunan Taiwan Agenda: To consider Business Report of 2020; to consider Audit committee's review opinions on 2020 annual final accounting books and statements; to consider the report on short-form merger between GBM and GOLDSUN INVESTMENT CO.,LTD; to consider the report on 2020 employees' and directors' compensation; to consider the Business Report and Financial Statements of 2020; and to consider the proposal of Distribution of Profits of 2020.Is New 90 Day High Low • Mar 16New 90-day high: NT$25.65The company is up 4.0% from a price of NT$24.70 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Exceeded the Basic Materials industry, which is up 1.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at NT$23.65 per share.分析記事 • Mar 15Are Strong Financial Prospects The Force That Is Driving The Momentum In Goldsun Building Materials Co., Ltd.'s TPE:2504) Stock?Goldsun Building Materials' (TPE:2504) stock is up by a considerable 12% over the past month. Given that the market...分析記事 • Mar 03Is Goldsun Building Materials (TPE:2504) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Feb 19The Attractive Combination That Could Earn Goldsun Building Materials Co., Ltd. (TPE:2504) A Place In Your Dividend PortfolioToday we'll take a closer look at Goldsun Building Materials Co., Ltd. ( TPE:2504 ) from a dividend investor's...分析記事 • Feb 09Calculating The Fair Value Of Goldsun Building Materials Co., Ltd. (TPE:2504)How far off is Goldsun Building Materials Co., Ltd. ( TPE:2504 ) from its intrinsic value? Using the most recent...分析記事 • Jan 29We Like These Underlying Trends At Goldsun Building Materials (TPE:2504)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...株主還元2504TW Basic MaterialsTW 市場7D1.5%-0.9%-1.2%1Y-18.8%-18.6%90.3%株主還元を見る業界別リターン: 2504過去 1 年間で-18.6 % のリターンをもたらしたTW Basic Materials業界と一致しました。リターン対市場: 2504は、過去 1 年間で90.3 % のリターンを上げたTW市場を下回りました。価格変動Is 2504's price volatile compared to industry and market?2504 volatility2504 Average Weekly Movement3.3%Basic Materials Industry Average Movement2.8%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: 2504 、 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: 2504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1954n/aZhiren Wuwww.gdc.com.tw金順建材股份有限公司は、子会社とともに台湾および中国本土でプレミックスコンクリート、セメント、ケイ酸カルシウム板の製造・販売を行っている。台湾のプレミックスコンクリート部門、中国本土のプレミックスコンクリート部門、その他部門を通じて事業を展開している。また、土木建築プロジェクトの建設や、国際貿易、倉庫保管、海運、タリー包装、内装、レジャーフレーム管理サービスも提供している。さらに、不動産賃貸、ホテル運営、建築資材販売も行っている。旧社名は金順建材。金順建材は1954年に設立され、本社は台湾の台北市にある。もっと見るGoldsun Building Materials Co., Ltd. 基礎のまとめGoldsun Building Materials の収益と売上を時価総額と比較するとどうか。2504 基礎統計学時価総額NT$40.78b収益（TTM）NT$3.87b売上高(TTM)NT$22.21b10.5xPER（株価収益率1.8xP/Sレシオ2504 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2504 損益計算書（TTM）収益NT$22.21b売上原価NT$16.06b売上総利益NT$6.15bその他の費用NT$2.28b収益NT$3.87b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）3.29グロス・マージン27.70%純利益率17.42%有利子負債／自己資本比率41.1%2504 の長期的なパフォーマンスは？過去の実績と比較を見る配当金7.5%現在の配当利回り79%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 01:42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Goldsun Building Materials 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。6 アナリスト機関Yayue HsuehCapital Securities CorporationFrank LinCLSAAlbert HsuDaiwa Securities Co. Ltd.3 その他のアナリストを表示
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.71 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (down from NT$0.71 in 1Q 2025). Revenue: NT$5.03b (down 6.0% from 1Q 2025). Net income: NT$822.2m (down 1.7% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$3.30 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$3.30 (down from NT$3.90 in FY 2024). Revenue: NT$22.5b (up 3.7% from FY 2024). Net income: NT$3.88b (down 15% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Mar 02Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.87 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.87 (up from NT$0.73 in 3Q 2024). Revenue: NT$5.55b (up 3.4% from 3Q 2024). Net income: NT$1.02b (up 19% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$0.87 (down from NT$1.66 in 2Q 2024). Revenue: NT$5.89b (up 7.0% from 2Q 2024). Net income: NT$1.03b (down 48% from 2Q 2024). Profit margin: 17% (down from 36% in 2Q 2024). Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.71 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (down from NT$0.71 in 1Q 2025). Revenue: NT$5.03b (down 6.0% from 1Q 2025). Net income: NT$822.2m (down 1.7% from 1Q 2025). Profit margin: 16% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$3.30 (vs NT$3.90 in FY 2024)Full year 2025 results: EPS: NT$3.30 (down from NT$3.90 in FY 2024). Revenue: NT$22.5b (up 3.7% from FY 2024). Net income: NT$3.88b (down 15% from FY 2024). Profit margin: 17% (down from 21% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% per year.
お知らせ • Mar 02Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026Goldsun Building Materials Co., Ltd., Annual General Meeting, May 28, 2026. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.87 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.87 (up from NT$0.73 in 3Q 2024). Revenue: NT$5.55b (up 3.4% from 3Q 2024). Net income: NT$1.02b (up 19% from 3Q 2024). Profit margin: 18% (up from 16% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$0.87 (down from NT$1.66 in 2Q 2024). Revenue: NT$5.89b (up 7.0% from 2Q 2024). Net income: NT$1.03b (down 48% from 2Q 2024). Profit margin: 17% (down from 36% in 2Q 2024). Revenue exceeded analyst estimates by 9.8%. Earnings per share (EPS) also surpassed analyst estimates by 26%. Revenue is expected to decline by 1.0% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to grow by 2.3%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 20Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 24 June 2025. Payment date: 18 July 2025. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.7%).
Declared Dividend • Jun 06Dividend increased to NT$2.80Dividend of NT$2.80 is 33% higher than last year. Ex-date: 24th June 2025 Payment date: 18th July 2025 Dividend yield will be 6.3%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (72% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 16% over the next year. However, it would need to fall by 20% to increase the payout ratio to a potentially unsustainable range.
お知らせ • May 30Goldsun Building Materials Co., Ltd. Approves Cash Dividend for the Year 2024Goldsun Building Materials Co., Ltd. announced at annual general meeting held on May 29, 2025, the shareholders approved to distribute cash dividends to shareholders TWD 2.8 per common share for the year 2024.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$0.71 (vs NT$0.70 in 1Q 2024)First quarter 2025 results: EPS: NT$0.71 (up from NT$0.70 in 1Q 2024). Revenue: NT$5.35b (up 4.0% from 1Q 2024). Net income: NT$836.8m (up 1.3% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue is forecast to stay flat during the next 2 years compared to a 2.8% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 02Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$41.05. The fair value is estimated to be NT$33.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 6.2%. Revenue is forecast to grow by 0.8% in 2 years. Earnings are forecast to decline by 24% in the next 2 years.
お知らせ • May 01Goldsun Building Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Goldsun Building Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$35.60, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 32% over the past three years.
New Risk • Mar 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 20% 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: Major Risk Earnings are forecast to decline by an average of 15% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Price Target Changed • Mar 07Price target decreased by 30% to NT$45.00Down from NT$64.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$43.65. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$2.96 for next year compared to NT$3.90 last year.
お知らせ • Mar 03Goldsun Building Materials Co., Ltd., Annual General Meeting, May 29, 2025Goldsun Building Materials Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,151, sec.5 tan chin rd., danshuei district, new taipei city Taiwan
Reported Earnings • Mar 01Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$3.90 (up from NT$3.00 in FY 2023). Revenue: NT$21.7b (up 3.2% from FY 2023). Net income: NT$4.59b (up 30% from FY 2023). Profit margin: 21% (up from 17% in FY 2023). The increase in margin was primarily driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 01Goldsun Building Materials Co., Ltd. Announces Cash Dividend for the Year Ended December 31, 2024Goldsun Building Materials Co., Ltd. announced cash dividend to shareholders of TWD 2.8 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders is TWD 3,304,000,000. Par value of common stock is TWD 10 per share.
お知らせ • Feb 20Goldsun Building Materials Co., Ltd. to Report Fiscal Year 2024 Results on Feb 27, 2025Goldsun Building Materials Co., Ltd. announced that they will report fiscal year 2024 results on Feb 27, 2025
分析記事 • Feb 10Here's Why Goldsun Building Materials (TWSE:2504) Can Manage Its Debt ResponsiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Valuation Update With 7 Day Price Move • Jan 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$43.95, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Basic Materials industry in Asia. Total returns to shareholders of 100% over the past three years.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Nov 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 31% 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: Major Risk Earnings are forecast to decline by an average of 20% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (dividend per share is over 12x cash flows per share). Large one-off items impacting financial results.
分析記事 • Nov 18Goldsun Building Materials' (TWSE:2504) Solid Profits Have Weak FundamentalsDespite posting some strong earnings, the market for Goldsun Building Materials Co., Ltd.'s ( TWSE:2504 ) stock hasn't...
Reported Earnings • Nov 12Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.73 (up from NT$0.63 in 3Q 2023). Revenue: NT$5.37b (up 4.5% from 3Q 2023). Net income: NT$860.3m (up 15% from 3Q 2023). Profit margin: 16% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) also missed analyst estimates by 5.2%. Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Oct 29With EPS Growth And More, Goldsun Building Materials (TWSE:2504) Makes An Interesting CaseIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Oct 15Goldsun Building Materials (TWSE:2504) Is Doing The Right Things To Multiply Its Share PriceWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Sep 26Calculating The Intrinsic Value Of Goldsun Building Materials Co., Ltd. (TWSE:2504)Key Insights Using the 2 Stage Free Cash Flow to Equity, Goldsun Building Materials fair value estimate is NT$55.96...
分析記事 • Sep 12Is Goldsun Building Materials (TWSE:2504) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
New Risk • Aug 21New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (246% cash payout ratio). Large one-off items impacting financial results.
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 16% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 16% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (246% cash payout ratio).
Reported Earnings • Aug 14Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$1.66 (up from NT$0.64 in 2Q 2023). Revenue: NT$5.50b (up 6.1% from 2Q 2023). Net income: NT$1.96b (up 159% from 2Q 2023). Profit margin: 36% (up from 15% in 2Q 2023). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) also surpassed analyst estimates by 21%. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, while revenues in the Basic Materials industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 03Goldsun Building Materials Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Goldsun Building Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
分析記事 • Jul 11Should You Be Adding Goldsun Building Materials (TWSE:2504) To Your Watchlist Today?It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
分析記事 • Jun 20Goldsun Building Materials' (TWSE:2504) Dividend Will Be Increased To NT$2.10Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) has announced that it will be increasing its dividend from last...
Upcoming Dividend • Jun 19Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 25 June 2024. Payment date: 19 July 2024. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).
分析記事 • Jun 06Goldsun Building Materials' (TWSE:2504) Dividend Will Be Increased To NT$2.10Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) will increase its dividend from last year's comparable payment on...
Declared Dividend • Jun 05Dividend increased to NT$2.10Dividend of NT$2.10 is 5.0% higher than last year. Ex-date: 25th June 2024 Payment date: 19th July 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but not covered by cash flows (134% cash payout ratio). The dividend has increased by an average of 18% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 1.4% over the next year, which should provide support to the dividend and adequate earnings cover.
分析記事 • Jun 05Is Goldsun Building Materials (TWSE:2504) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Jun 01Goldsun Building Materials Co., Ltd. Approves Cash Dividend for the Year 2023Goldsun Building Materials Co., Ltd. at its regular shareholders meeting held on May 31, 2024, approved to distribute cash dividends to shareholders of TWD 2.1 per common share for the year 2023.
Reported Earnings • May 18First quarter 2024 earnings: EPS exceeds analyst expectationsFirst quarter 2024 results: EPS: NT$0.70 (down from NT$0.72 in 1Q 2023). Revenue: NT$5.15b (up 2.4% from 1Q 2023). Net income: NT$825.9m (down 2.5% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.9%. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 1.1% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • May 08Returns On Capital Are Showing Encouraging Signs At Goldsun Building Materials (TWSE:2504)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
お知らせ • May 05Goldsun Building Materials Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Goldsun Building Materials Co., Ltd. announced that they will report Q1, 2024 results on May 13, 2024
Buy Or Sell Opportunity • Apr 25Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 62% to NT$47.25. The fair value is estimated to be NT$38.85, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to decline by 4.2% in the next 2 years.
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$48.05, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 13x in the Basic Materials industry in Asia. Total returns to shareholders of 108% over the past three years.
分析記事 • Apr 18Goldsun Building Materials Co., Ltd.'s (TWSE:2504) Price Is Right But Growth Is Lacking After Shares Rocket 30%Goldsun Building Materials Co., Ltd. ( TWSE:2504 ) shares have continued their recent momentum with a 30% gain in the...
Buy Or Sell Opportunity • Apr 18Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 69% to NT$47.35. The fair value is estimated to be NT$38.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.7%. Revenue is forecast to grow by 4.7% in 2 years. Earnings are forecast to decline by 4.2% in the next 2 years.
分析記事 • Mar 28A Look At The Intrinsic Value Of Goldsun Building Materials Co., Ltd. (TWSE:2504)Key Insights Using the 2 Stage Free Cash Flow to Equity, Goldsun Building Materials fair value estimate is NT$37.79...
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$3.00 (vs NT$3.51 in FY 2022)Full year 2023 results: EPS: NT$3.00 (down from NT$3.51 in FY 2022). Revenue: NT$21.0b (down 1.1% from FY 2022). Net income: NT$3.53b (down 15% from FY 2022). Profit margin: 17% (down from 19% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 2.3% p.a. on average during the next 2 years, compared to a 2.5% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 10% per year.
分析記事 • Mar 02A Piece Of The Puzzle Missing From Goldsun Building Materials Co., Ltd.'s (TWSE:2504) Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 23x, you may consider...
お知らせ • Mar 01+ 1 more updateGoldsun Building Materials Co., Ltd., Annual General Meeting, May 31, 2024Goldsun Building Materials Co., Ltd., Annual General Meeting, May 31, 2024. Location: 151, Sec. 5, Danjin Rd., Tamsui Dist., New Taipei City New Taipei City Taiwan Agenda: To consider Business Report of 2023; to consider Audit committee's review opinions on 2023 annual final accounting books and statements; to consider Report on 2023 employees' and directors' compensation; to consider Report on 2023 related-party transactions; to consider Amendment to the Ethical Corporate Management Best Practice Principles; to adoption of the 2023 Business Report and Financial Statements; to adoption of the Proposal for Distribution of 2023 Profits.
Price Target Changed • Feb 17Price target increased by 28% to NT$37.00Up from NT$29.00, the current price target is provided by 1 analyst. New target price is 24% above last closing price of NT$29.90. Stock is up 12% over the past year. The company is forecast to post earnings per share of NT$2.91 for next year compared to NT$3.51 last year.
New Risk • Nov 18New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 5.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 5.6% per year for the foreseeable future. Minor Risk Dividend is not well covered by cash flows (dividend per share is over 21x cash flows per share).
お知らせ • Nov 11Goldsun Building Materials Co., Ltd. Announces Appointments to Sustainable and Nominating CommitteeGoldsun Building Materials Co., Ltd. announced appointment of Wen-Che Tseng(Independent director), Tai-Jen Chen(Independent director), Yin-Wen Chan(Independent director) and Chi-Te Hung(Independent director)to Sustainable and Nominating Committee. Effective date of the new member is November 10, 2023.
Price Target Changed • Sep 05Price target decreased by 9.4% to NT$29.00Down from NT$32.00, the current price target is an average from 2 analysts. New target price is 9.8% above last closing price of NT$26.40. Stock is up 6.2% over the past year. The company is forecast to post earnings per share of NT$2.70 for next year compared to NT$3.51 last year.
New Risk • Aug 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 83% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (14% net profit margin).
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$0.64 (up from NT$0.60 in 2Q 2022). Revenue: NT$5.19b (down 1.3% from 2Q 2022). Net income: NT$755.1m (up 7.5% from 2Q 2022). Profit margin: 15% (up from 13% in 2Q 2022). Revenue missed analyst estimates by 7.7%. Earnings per share (EPS) exceeded analyst estimates by 1.6%. Revenue is forecast to grow 6.1% p.a. on average during the next 2 years, compared to a 2.6% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 13Upcoming dividend of NT$2.00 per share at 6.9% yieldEligible shareholders must have bought the stock before 20 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.7%).
お知らせ • Jun 01Goldsun Building Materials Co., Ltd. Cash Dividend Distribution, Payable on July 14, 2023Goldsun Building Materials Co., Ltd. announced dividend of TWD 2 per share will be distributed. Date of the resolution by the board of directors or shareholders meeting or decision by the Company May 31 2023 . Ex-rights (ex-dividend) record date: June 26, 2023. Payment date of cash dividend distribution: July 14, 2023.
Price Target Changed • May 25Price target increased by 8.5% to NT$32.00Up from NT$29.50, the current price target is an average from 2 analysts. New target price is 11% above last closing price of NT$28.75. Stock is up 7.9% over the past year. The company is forecast to post earnings per share of NT$2.80 for next year compared to NT$3.51 last year.
Reported Earnings • Feb 28Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$3.51 (up from NT$2.42 in FY 2021). Revenue: NT$21.3b (down 2.4% from FY 2021). Net income: NT$4.13b (up 45% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.8%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target increased to NT$30.00Up from NT$28.00, the current price target is provided by 1 analyst. New target price is 22% above last closing price of NT$24.50. Stock is down 11% over the past year. The company is forecast to post earnings per share of NT$3.59 for next year compared to NT$2.42 last year.
Buying Opportunity • Nov 16Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 3.0%. The fair value is estimated to be NT$30.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to decline by 21% in the next 2 years.
Buying Opportunity • Nov 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 3.2%. The fair value is estimated to be NT$29.90, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has grown by 46%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to decline by 23% in the next 2 years.
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS and revenues miss analyst expectationsThird quarter 2022 results: EPS: NT$0.57 (down from NT$0.65 in 3Q 2021). Revenue: NT$5.40b (up 2.4% from 3Q 2021). Net income: NT$670.0m (down 12% from 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Basic Materials industry in Asia. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 05Goldsun Building Materials Co., Ltd. Replaces Chiu, Sui-Yi with Cheng, Li-Yen as Accounting Officer, with Effect from November 4, 2022Goldsun Building Materials Co., Ltd. replaced Chiu, Sui-Yi with Cheng, Li-Yen, Vice President of Accounting Department as Accounting Officer, with effect from November 4, 2022.
Price Target Changed • Aug 19Price target decreased to NT$28.00Down from NT$37.00, the current price target is provided by 1 analyst. New target price is 11% above last closing price of NT$25.15. Stock is up 17% over the past year. The company is forecast to post earnings per share of NT$3.72 for next year compared to NT$2.42 last year.
Reported Earnings • Aug 08Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$0.60 (down from NT$0.65 in 2Q 2021). Revenue: NT$5.25b (down 4.2% from 2Q 2021). Net income: NT$702.7m (down 8.7% from 2Q 2021). Profit margin: 13% (in line with 2Q 2021). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 1.6%. Over the next year, revenue is forecast to grow 5.1%, compared to a 11% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 02Goldsun Building Materials Co., Ltd. Announces Appointment of Cliff Lin as Chief Information Security Officer, Effective August 22, 2022Goldsun Building Materials Co., Ltd. announced appointment of Cliff Lin as chief information security officer with effect from August 22, 2022. Name, title, and resume of the new position holder: Cliff Lin, IBM Taiwan Corporation Director.
お知らせ • Jul 02Goldsun Building Materials Co., Ltd. Announces Director ChangesGoldsun Building Materials Co., Ltd. announced director changes. Name of the previous position holder: Yong Ni; Name of the new position holder:Shih-Chung Chang, Resume of the new position holder: Director of Goldsun Building Materials Co., Ltd. Reason for the change:The institutional director assigned a new representative. Effective date of the new appointment: 1 July 2022.
Upcoming Dividend • Jun 16Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 48% and the cash payout ratio is 92%. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (4.7%).
お知らせ • Jun 01+ 3 more updatesGoldsun Building Materials Co., Ltd. Announces the Change of Remuneration Committee MembersGoldsun Building Materials Co., Ltd. announced the resolution of the board of directors to hire new members of the 5th Remuneration Committee. Name of the previous position holder: Independent director-Wen-Che Tseng; Independent director-Yin-Wen Chan; Independent director-Tai-Jen Chen. Resume of the previous position holder: Independent director-Wen-Che Tseng-Independent director of Catcher Technology CO., LTD.; Independent director-Yin-Wen Chan-Professor at National Taiwan University; Independent director-Tai-Jen Chen-Chairman of the board at Chinese Culture University. Name of the new position holder: Independent director-Wen-Che Tseng; Independent director-Tai-Jen Chen; Independent director-Yin-Wen Chan; Independent director-Chi-Te Hung. Resume of the new position holder: Independent director-Wen-Che Tseng-Independent director of Catcher Technology CO., LTD.; Independent director-Tai-Jen Chen-Chairman of the board at Chinese Culture University; Independent director-Yin-Wen Chan-Professor at National Taiwan University; Independent director-Chi-Te Hung-Chairman of the Chinese Union of Professional Civil Engineers Association. Effective date of the new member is May 31, 2022.
Reported Earnings • May 11First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.77 (up from NT$0.45 in 1Q 2021). Revenue: NT$4.85b (down 4.7% from 1Q 2021). Net income: NT$2.08b (up 293% from 1Q 2021). Profit margin: 43% (up from 10% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) also surpassed analyst estimates by 24%. Over the next year, revenue is forecast to grow 9.6%, compared to a 12% growth forecast for the industry in Taiwan. 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 38% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to NT$37.00Up from NT$33.00, the current price target is provided by 1 analyst. New target price is 26% above last closing price of NT$29.40. Stock is up 3.0% over the past year. The company is forecast to post earnings per share of NT$3.55 for next year compared to NT$2.42 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 9 non-independent directors. Independent Director Wen-Che Tseng 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.
Major Estimate Revision • Apr 08Consensus EPS estimates increase by 42%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$22.0b to NT$23.2b. EPS estimate increased from NT$2.50 to NT$3.55 per share. Net income forecast to grow 47% next year vs 15% growth forecast for Basic Materials industry in Taiwan. Consensus price target up from NT$33.00 to NT$37.00. Share price rose 3.5% to NT$31.00 over the past week.
お知らせ • Feb 27Goldsun Building Materials Co., Ltd. Proposes Dividend for the Year Ended December 31, 2021Goldsun Building Materials Co., Ltd. proposed cash dividend of TWD 1.8 per share for the year ended December 31, 2021.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.42 (up from NT$2.22 in FY 2020). Revenue: NT$21.8b (up 16% from FY 2020). Net income: NT$2.85b (up 15% from FY 2020). Profit margin: 13% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 57% 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 • Nov 13Third quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.67 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$5.28b (up 12% from 3Q 2020). Net income: NT$762.1m (up 5.8% from 3Q 2020). Profit margin: 14% (in line with 3Q 2020). 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 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.65 (vs NT$0.65 in 2Q 2020)The company reported a mediocre second quarter result with weaker profit margins, although earnings were flat and revenues improved. Second quarter 2021 results: Revenue: NT$5.48b (up 20% from 2Q 2020). Net income: NT$769.7m (flat on 2Q 2020). Profit margin: 14% (down from 17% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (6.5%).
Major Estimate Revision • May 27Consensus revenue estimates increase to NT$22.6bThe consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from NT$20.0b to NT$22.6b. EPS estimate increased from NT$2.36 to NT$2.45 per share. Net income forecast to grow 7.8% next year vs 13% growth forecast for Basic Materials industry in Taiwan. Consensus price target of NT$34.00 unchanged from last update. Share price rose 13% to NT$25.45 over the past week.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.45 (vs NT$0.23 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$5.09b (up 29% from 1Q 2020). Net income: NT$530.4m (up 98% from 1Q 2020). Profit margin: 10% (up from 6.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$23.05, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Basic Materials industry in Asia. Total returns to shareholders of 143% over the past three years.
分析記事 • Apr 29Investors Will Want Goldsun Building Materials' (TPE:2504) Growth In ROCE To PersistThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.90 (vs NT$0.93 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$18.9b (flat on FY 2019). Net income: NT$2.47b (up 125% from FY 2019). Profit margin: 13% (up from 5.8% in FY 2019). Over the last 3 years on average, earnings per share has increased by 37% per year whereas the company’s share price has increased by 34% per year.
分析記事 • Mar 27Is It Too Late To Consider Buying Goldsun Building Materials Co., Ltd. (TPE:2504)?Goldsun Building Materials Co., Ltd. ( TPE:2504 ), might not be a large cap stock, but it led the TSEC gainers with a...
お知らせ • Mar 17Goldsun Building Materials Co., Ltd. Announces Dividend for the year 2020Goldsun Building Materials Co., Ltd. announced dividend of TWD 1.5 per share. Total amount of cash distributed to shareholders TWD 1,770,000,000.
お知らせ • Mar 16Goldsun Building Materials Co., Ltd., Annual General Meeting, Jun 10, 2021Goldsun Building Materials Co., Ltd., Annual General Meeting, Jun 10, 2021. Location: No. 68, Neighborhood 6, Gongguanli, Zhunan Township, Miaoli County (Zhunan Factory) Zhunan Taiwan Agenda: To consider Business Report of 2020; to consider Audit committee's review opinions on 2020 annual final accounting books and statements; to consider the report on short-form merger between GBM and GOLDSUN INVESTMENT CO.,LTD; to consider the report on 2020 employees' and directors' compensation; to consider the Business Report and Financial Statements of 2020; and to consider the proposal of Distribution of Profits of 2020.
Is New 90 Day High Low • Mar 16New 90-day high: NT$25.65The company is up 4.0% from a price of NT$24.70 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Exceeded the Basic Materials industry, which is up 1.0% over the same period. Simply Wall St's valuation model estimates the intrinsic value at NT$23.65 per share.
分析記事 • Mar 15Are Strong Financial Prospects The Force That Is Driving The Momentum In Goldsun Building Materials Co., Ltd.'s TPE:2504) Stock?Goldsun Building Materials' (TPE:2504) stock is up by a considerable 12% over the past month. Given that the market...
分析記事 • Mar 03Is Goldsun Building Materials (TPE:2504) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Feb 19The Attractive Combination That Could Earn Goldsun Building Materials Co., Ltd. (TPE:2504) A Place In Your Dividend PortfolioToday we'll take a closer look at Goldsun Building Materials Co., Ltd. ( TPE:2504 ) from a dividend investor's...
分析記事 • Feb 09Calculating The Fair Value Of Goldsun Building Materials Co., Ltd. (TPE:2504)How far off is Goldsun Building Materials Co., Ltd. ( TPE:2504 ) from its intrinsic value? Using the most recent...
分析記事 • Jan 29We Like These Underlying Trends At Goldsun Building Materials (TPE:2504)If you're looking for a multi-bagger, there's a few things to keep an eye out for. In a perfect world, we'd like to see...
