View Financial HealthYem Chio 配当と自社株買い配当金 基準チェック /36Yem Chio配当を支払う会社であり、現在の利回りは4.98%です。主要情報5.0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長12.3%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向186%最近の配当と自社株買いの更新Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).分析記事 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).分析記事 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.すべての更新を表示Recent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.24 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.24 (up from NT$0.12 in 1Q 2025). Revenue: NT$3.27b (up 9.1% from 1Q 2025). Net income: NT$155.4m (up 94% from 1Q 2025). Profit margin: 4.8% (up from 2.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 268% Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).お知らせ • Mar 16Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwanお知らせ • Jan 09+ 1 more updateYem Chio Co., Ltd. Announces Passing of Independent Director, Wang, Jian-ChuanYEM CHIO CO., LTD. announced the passing of Wang, Jian-Chuan, who was Independent director. Wang, Jian-Chuan served as Vice President, Chung-Hua Institution for Economic Research. The vacancy will be filled by re-election at the next shareholders' meeting or appointed by the Board of Directors. Reason for the change: death. The original term was from June 20, 2025 to June 19, 2028. The date of occurrence of the change was January 8, 2026.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 30% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 399% Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.009 loss per share (vs NT$0.71 profit in 2Q 2024)Second quarter 2025 results: NT$0.009 loss per share (down from NT$0.71 profit in 2Q 2024). Revenue: NT$3.12b (down 39% from 2Q 2024). Net loss: NT$5.39m (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.お知らせ • Jun 21+ 3 more updatesYem Chio Co., Ltd. Announces Audit and Risk Committee Changes, Effective June 20, 2025Yem Chio Co., Ltd. announced that the third members of the Audit and Risk committee. Name of the previous position holder: Chen, Shun-Fa and Wan, Jiann- Chyuan. Resume of the previous position holder: Chen, Shun-Fa/The accountant of PWC, Wan, Jiann- Chyuan/The vice premier of Chung-Hua Institution for Economic Research. Name of the new position holder: Wan, Jiann- Chyuan and Hong, Jung-Ting. Resume of the new position holder: Wan, Jiann- Chyuan/independent director of Yem Chio CO.,LTD Hong, Jung-Ting/President of Yuanta Securities Financial Co., Ltd. Effective date of the new member: June 20, 2025.Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.30 in 1Q 2024). Revenue: NT$2.99b (down 3.0% from 1Q 2024). Net income: NT$80.1m (down 58% from 1Q 2024). Profit margin: 2.7% (down from 6.2% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$14.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Packaging industry in Taiwan. Total returns to shareholders of 10% over the past three years.Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$15.80. The fair value is estimated to be NT$21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 25%.お知らせ • Mar 17Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city TaiwanNew Risk • Dec 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding).Buy Or Sell Opportunity • Nov 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to NT$18.20. The fair value is estimated to be NT$22.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.お知らせ • Nov 05Yem Chio Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Yem Chio Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$18.40. The fair value is estimated to be NT$23.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.72 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.10b (up 64% from 2Q 2023). Net income: NT$459.8m (up 80% from 2Q 2023). Profit margin: 9.0% (up from 8.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.お知らせ • Aug 02Yem Chio Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Yem Chio Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).分析記事 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.15 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.15 in 1Q 2023). Revenue: NT$3.09b (up 5.0% from 1Q 2023). Net income: NT$192.8m (up 117% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.お知らせ • May 08Yem Chio Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Yem Chio Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024分析記事 • Apr 17Little Excitement Around Yem Chio Co., Ltd.'s (TWSE:4306) EarningsYem Chio Co., Ltd.'s ( TWSE:4306 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy right now...お知らせ • Apr 02Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024.分析記事 • Mar 26We Think That There Are More Issues For Yem Chio (TWSE:4306) Than Just Sluggish EarningsThe subdued market reaction suggests that Yem Chio Co., Ltd.'s ( TWSE:4306 ) recent earnings didn't contain any...Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.72 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.72 in FY 2022). Revenue: NT$13.2b (down 9.9% from FY 2022). Net income: NT$801.2m (down 23% from FY 2022). Profit margin: 6.1% (down from 7.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.分析記事 • Mar 07Yem Chio (TWSE:4306) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.54 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (down from NT$0.54 in 3Q 2022). Revenue: NT$3.16b (down 11% from 3Q 2022). Net income: NT$237.8m (down 28% from 3Q 2022). Profit margin: 7.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.47 in 2Q 2022). Revenue: NT$3.10b (down 25% from 2Q 2022). Net income: NT$255.3m (down 11% from 2Q 2022). Profit margin: 8.2% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Jul 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per share at 6.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (5.3%).お知らせ • May 26Yem Chio Announces Dividend Payable on August 10, 2023Yem Chio Co., Ltd. announced the dividend record date and the payable date of cash dividends. Type and monetary amount of dividend distribution: Cash dividends: TWD 625,786,540. Ex-rights (ex-dividend) trading date: July 18, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 25, 2023. Payment date of cash dividend distribution: August 10, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.72 (vs NT$3.47 in FY 2021)Full year 2022 results: EPS: NT$1.72 (down from NT$3.47 in FY 2021). Revenue: NT$14.7b (down 15% from FY 2021). Net income: NT$1.04b (down 49% from FY 2021). Profit margin: 7.1% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 12Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd.Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd. on November 10, 2022. The merger has been approved by the board of directors of Chuang-Yi Investment Co., Ltd. The transaction is expected to complete on December 1, 2022.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.48 (down from NT$0.75 in 2Q 2021). Revenue: NT$4.12b (down 11% from 2Q 2021). Net income: NT$287.2m (down 34% from 2Q 2021). Profit margin: 7.0% (down from 9.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (6.6%).Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Jun 30Yem Chio Co., Ltd. Announces Adjustment of Dividend Distribution RatioYem Chio Co., Ltd. held its shareholders meeting on June 29, 2022, approved type and monetary amount of original dividend distribution: cash dividend of TWD 1 per share. Type and monetary amount of dividend distribution after the change: cash dividend of TWD 0.99993307 per share.お知らせ • May 21Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Yem Chio Co., Ltd. announced Cash dividend of TWD 622,566,349 with record date of July 23, 2022, payable date of August 10, 2022 and ex-dividend of July 15, 2022.Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.56 (down from NT$1.73 in 1Q 2021). Revenue: NT$3.89b (down 1.3% from 1Q 2021). Net income: NT$335.6m (down 66% from 1Q 2021). Profit margin: 8.6% (down from 25% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: NT$3.47 (up from NT$1.43 in FY 2020). Revenue: NT$17.2b (up 23% from FY 2020). Net income: NT$2.05b (up 154% from FY 2020). Profit margin: 12% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$1.88 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$4.36b (up 23% from 3Q 2020). Net income: NT$372.8m (down 65% from 3Q 2020). Profit margin: 8.6% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$4.62b (up 42% from 2Q 2020). Net income: NT$432.9m (up 27% from 2Q 2020). Profit margin: 9.4% (down from 11% 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 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 16Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 23 July 2021. Payment date: 17 August 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.1%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.83 (vs NT$0.34 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.94b (up 25% from 1Q 2020). Net income: NT$994.4m (up NT$1.18b from 1Q 2020). Profit margin: 25% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$19.45, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Packaging industry in Taiwan. Total returns to shareholders of 26% over the past three years.分析記事 • Apr 19These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Mar 29Yem Chio Co., Ltd.'s (TPE:4306) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Is Yem Chio Co., Ltd. ( TPE:4306 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Mar 08Is Yem Chio Co., Ltd.'s (TPE:4306) ROE Of 7.8% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Reported Earnings • Mar 06Full year 2020 earnings released: EPS NT$1.51 (vs NT$0.99 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$13.9b (down 14% from FY 2019). Net income: NT$805.6m (up NT$1.31b from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.分析記事 • Feb 15The Yem Chio (TPE:4306) Share Price Has Gained 29% And Shareholders Are Hoping For MoreWhile Yem Chio Co., Ltd. ( TPE:4306 ) shareholders are probably generally happy, the stock hasn't had particularly good...分析記事 • Jan 28Will Yem Chio's (TPE:4306) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Is New 90 Day High Low • Jan 20New 90-day low: NT$14.40The company is down 5.0% from its price of NT$15.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 2.0% over the same period.分析記事 • Jan 11Yem Chio (TPE:4306) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...分析記事 • Dec 26These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 26Does Yem Chio Co., Ltd. (TPE:4306) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.00The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.56b (down 15% from 3Q 2019). Net income: NT$1.05b (up NT$1.05b from 3Q 2019). Profit margin: 30% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 09New 90-day high: NT$16.25The company is up 32% from its price of NT$12.35 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 20% over the same period.決済の安定と成長配当データの取得安定した配当: 4306の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 4306の配当金は過去10年間にわたって増加しています。配当利回り対市場Yem Chio 配当利回り対市場4306 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (4306)5.0%市場下位25% (TW)1.4%市場トップ25% (TW)5.0%業界平均 (Packaging)4.9%アナリスト予想 (4306) (最長3年)n/a注目すべき配当: 4306の配当金 ( 4.98% ) はTW市場の配当金支払者の下位 25% ( 1.39% ) よりも高くなっています。高配当: 4306の配当金 ( 4.98% ) はTW市場 ( 4.97% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 4306は高い 配当性向 ( 186.2% ) のため、配当金の支払いは利益によって十分にカバーされていません。株主配当金キャッシュフローカバレッジ: 4306は配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/25 18:12終値2026/05/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Yem Chio Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Hengyu FuMasterlink Securities Investment AdvisoryRobbie TsengYuanta Researchnull nullYuanta Research
Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).
分析記事 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).
分析記事 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...
Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.24 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.24 (up from NT$0.12 in 1Q 2025). Revenue: NT$3.27b (up 9.1% from 1Q 2025). Net income: NT$155.4m (up 94% from 1Q 2025). Profit margin: 4.8% (up from 2.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 268% Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
お知らせ • Mar 16Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
お知らせ • Jan 09+ 1 more updateYem Chio Co., Ltd. Announces Passing of Independent Director, Wang, Jian-ChuanYEM CHIO CO., LTD. announced the passing of Wang, Jian-Chuan, who was Independent director. Wang, Jian-Chuan served as Vice President, Chung-Hua Institution for Economic Research. The vacancy will be filled by re-election at the next shareholders' meeting or appointed by the Board of Directors. Reason for the change: death. The original term was from June 20, 2025 to June 19, 2028. The date of occurrence of the change was January 8, 2026.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 30% per year over the past 5 years. 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 declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. 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 Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 399% Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).
Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.009 loss per share (vs NT$0.71 profit in 2Q 2024)Second quarter 2025 results: NT$0.009 loss per share (down from NT$0.71 profit in 2Q 2024). Revenue: NT$3.12b (down 39% from 2Q 2024). Net loss: NT$5.39m (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
お知らせ • Jun 21+ 3 more updatesYem Chio Co., Ltd. Announces Audit and Risk Committee Changes, Effective June 20, 2025Yem Chio Co., Ltd. announced that the third members of the Audit and Risk committee. Name of the previous position holder: Chen, Shun-Fa and Wan, Jiann- Chyuan. Resume of the previous position holder: Chen, Shun-Fa/The accountant of PWC, Wan, Jiann- Chyuan/The vice premier of Chung-Hua Institution for Economic Research. Name of the new position holder: Wan, Jiann- Chyuan and Hong, Jung-Ting. Resume of the new position holder: Wan, Jiann- Chyuan/independent director of Yem Chio CO.,LTD Hong, Jung-Ting/President of Yuanta Securities Financial Co., Ltd. Effective date of the new member: June 20, 2025.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.30 in 1Q 2024). Revenue: NT$2.99b (down 3.0% from 1Q 2024). Net income: NT$80.1m (down 58% from 1Q 2024). Profit margin: 2.7% (down from 6.2% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$14.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Packaging industry in Taiwan. Total returns to shareholders of 10% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$15.80. The fair value is estimated to be NT$21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 25%.
お知らせ • Mar 17Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
New Risk • Dec 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding).
Buy Or Sell Opportunity • Nov 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to NT$18.20. The fair value is estimated to be NT$22.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.
お知らせ • Nov 05Yem Chio Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Yem Chio Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$18.40. The fair value is estimated to be NT$23.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.72 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.10b (up 64% from 2Q 2023). Net income: NT$459.8m (up 80% from 2Q 2023). Profit margin: 9.0% (up from 8.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
お知らせ • Aug 02Yem Chio Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Yem Chio Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).
分析記事 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...
Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.15 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.15 in 1Q 2023). Revenue: NT$3.09b (up 5.0% from 1Q 2023). Net income: NT$192.8m (up 117% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
お知らせ • May 08Yem Chio Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Yem Chio Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024
分析記事 • Apr 17Little Excitement Around Yem Chio Co., Ltd.'s (TWSE:4306) EarningsYem Chio Co., Ltd.'s ( TWSE:4306 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy right now...
お知らせ • Apr 02Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024.
分析記事 • Mar 26We Think That There Are More Issues For Yem Chio (TWSE:4306) Than Just Sluggish EarningsThe subdued market reaction suggests that Yem Chio Co., Ltd.'s ( TWSE:4306 ) recent earnings didn't contain any...
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.72 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.72 in FY 2022). Revenue: NT$13.2b (down 9.9% from FY 2022). Net income: NT$801.2m (down 23% from FY 2022). Profit margin: 6.1% (down from 7.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
分析記事 • Mar 07Yem Chio (TWSE:4306) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.54 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (down from NT$0.54 in 3Q 2022). Revenue: NT$3.16b (down 11% from 3Q 2022). Net income: NT$237.8m (down 28% from 3Q 2022). Profit margin: 7.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.47 in 2Q 2022). Revenue: NT$3.10b (down 25% from 2Q 2022). Net income: NT$255.3m (down 11% from 2Q 2022). Profit margin: 8.2% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Jul 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per share at 6.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (5.3%).
お知らせ • May 26Yem Chio Announces Dividend Payable on August 10, 2023Yem Chio Co., Ltd. announced the dividend record date and the payable date of cash dividends. Type and monetary amount of dividend distribution: Cash dividends: TWD 625,786,540. Ex-rights (ex-dividend) trading date: July 18, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 25, 2023. Payment date of cash dividend distribution: August 10, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.72 (vs NT$3.47 in FY 2021)Full year 2022 results: EPS: NT$1.72 (down from NT$3.47 in FY 2021). Revenue: NT$14.7b (down 15% from FY 2021). Net income: NT$1.04b (down 49% from FY 2021). Profit margin: 7.1% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 12Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd.Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd. on November 10, 2022. The merger has been approved by the board of directors of Chuang-Yi Investment Co., Ltd. The transaction is expected to complete on December 1, 2022.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.48 (down from NT$0.75 in 2Q 2021). Revenue: NT$4.12b (down 11% from 2Q 2021). Net income: NT$287.2m (down 34% from 2Q 2021). Profit margin: 7.0% (down from 9.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (6.6%).
Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 30Yem Chio Co., Ltd. Announces Adjustment of Dividend Distribution RatioYem Chio Co., Ltd. held its shareholders meeting on June 29, 2022, approved type and monetary amount of original dividend distribution: cash dividend of TWD 1 per share. Type and monetary amount of dividend distribution after the change: cash dividend of TWD 0.99993307 per share.
お知らせ • May 21Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Yem Chio Co., Ltd. announced Cash dividend of TWD 622,566,349 with record date of July 23, 2022, payable date of August 10, 2022 and ex-dividend of July 15, 2022.
Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.56 (down from NT$1.73 in 1Q 2021). Revenue: NT$3.89b (down 1.3% from 1Q 2021). Net income: NT$335.6m (down 66% from 1Q 2021). Profit margin: 8.6% (down from 25% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: NT$3.47 (up from NT$1.43 in FY 2020). Revenue: NT$17.2b (up 23% from FY 2020). Net income: NT$2.05b (up 154% from FY 2020). Profit margin: 12% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$1.88 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$4.36b (up 23% from 3Q 2020). Net income: NT$372.8m (down 65% from 3Q 2020). Profit margin: 8.6% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$4.62b (up 42% from 2Q 2020). Net income: NT$432.9m (up 27% from 2Q 2020). Profit margin: 9.4% (down from 11% 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 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 16Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 23 July 2021. Payment date: 17 August 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.1%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.83 (vs NT$0.34 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.94b (up 25% from 1Q 2020). Net income: NT$994.4m (up NT$1.18b from 1Q 2020). Profit margin: 25% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$19.45, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Packaging industry in Taiwan. Total returns to shareholders of 26% over the past three years.
分析記事 • Apr 19These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Mar 29Yem Chio Co., Ltd.'s (TPE:4306) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Is Yem Chio Co., Ltd. ( TPE:4306 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Mar 08Is Yem Chio Co., Ltd.'s (TPE:4306) ROE Of 7.8% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Reported Earnings • Mar 06Full year 2020 earnings released: EPS NT$1.51 (vs NT$0.99 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$13.9b (down 14% from FY 2019). Net income: NT$805.6m (up NT$1.31b from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
分析記事 • Feb 15The Yem Chio (TPE:4306) Share Price Has Gained 29% And Shareholders Are Hoping For MoreWhile Yem Chio Co., Ltd. ( TPE:4306 ) shareholders are probably generally happy, the stock hasn't had particularly good...
分析記事 • Jan 28Will Yem Chio's (TPE:4306) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Is New 90 Day High Low • Jan 20New 90-day low: NT$14.40The company is down 5.0% from its price of NT$15.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 2.0% over the same period.
分析記事 • Jan 11Yem Chio (TPE:4306) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
分析記事 • Dec 26These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 26Does Yem Chio Co., Ltd. (TPE:4306) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.00The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.56b (down 15% from 3Q 2019). Net income: NT$1.05b (up NT$1.05b from 3Q 2019). Profit margin: 30% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 09New 90-day high: NT$16.25The company is up 32% from its price of NT$12.35 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Packaging industry, which is up 20% over the same period.