View Future GrowthAmiaLtd 過去の業績過去 基準チェック /36AmiaLtdの収益は年間平均-3.8%の割合で減少していますが、 Chemicals業界の収益は年間 減少しています。収益は年間1.7% 1%割合で 減少しています。 AmiaLtdの自己資本利益率は9.2%であり、純利益率は4.4%です。主要情報-3.77%収益成長率-7.15%EPS成長率Chemicals 業界の成長7.89%収益成長率-1.04%株主資本利益率9.18%ネット・マージン4.44%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.02 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$1.02 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.17b (up 35% from 1Q 2025). Net income: NT$71.4m (up 110% from 1Q 2025). Profit margin: 6.1% (up from 3.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$2.10 (vs NT$2.21 in FY 2024)Full year 2025 results: EPS: NT$2.10 (down from NT$2.21 in FY 2024). Revenue: NT$3.84b (up 13% from FY 2024). Net income: NT$146.6m (down 5.1% from FY 2024). Profit margin: 3.8% (down from 4.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.15 (down from NT$0.77 in 2Q 2024). Revenue: NT$931.9m (up 1.5% from 2Q 2024). Net income: NT$10.5m (down 80% from 2Q 2024). Profit margin: 1.1% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.36 in 1Q 2024). Revenue: NT$865.9m (up 24% from 1Q 2024). Net income: NT$34.1m (up 36% from 1Q 2024). Profit margin: 3.9% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Apr 22Amia Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Amia Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$2.21 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$2.21 (up from NT$1.28 in FY 2023). Revenue: NT$3.41b (up 11% from FY 2023). Net income: NT$154.5m (up 73% from FY 2023). Profit margin: 4.5% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.すべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.02 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$1.02 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.17b (up 35% from 1Q 2025). Net income: NT$71.4m (up 110% from 1Q 2025). Profit margin: 6.1% (up from 3.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$104, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 34x in the Chemicals industry in Taiwan. Total returns to shareholders of 368% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$80.90, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 265% over the past three years.Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$2.10 (vs NT$2.21 in FY 2024)Full year 2025 results: EPS: NT$2.10 (down from NT$2.21 in FY 2024). Revenue: NT$3.84b (up 13% from FY 2024). Net income: NT$146.6m (down 5.1% from FY 2024). Profit margin: 3.8% (down from 4.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$69.40, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 201% over the past three years.お知らせ • Feb 25Amia Co.,Ltd, Annual General Meeting, May 27, 2026Amia Co.,Ltd, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,101, min sheng rd., dayuan dist., taoyuan city TaiwanNew Risk • Feb 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.2% net profit margin).Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$57.20, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 173% over the past three years.New Risk • Jan 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$34.65, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 58% over the past three years.Buy Or Sell Opportunity • Dec 29Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to NT$34.65. The fair value is estimated to be NT$27.95, 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 15%.New Risk • Nov 10New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (NT$2.08b market cap, or US$67.3m).Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.15 (down from NT$0.77 in 2Q 2024). Revenue: NT$931.9m (up 1.5% from 2Q 2024). Net income: NT$10.5m (down 80% from 2Q 2024). Profit margin: 1.1% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.お知らせ • Aug 05Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) completed the acquisition of Meridian World Sdn. Bhd. from a group of shareholders.Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million on June 12, 2024. As of February 27, 2025, Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) entered into a conditional Share Sale Agreement to acquire Meridian World Sdn. Bhd. from a group of shareholders. A cash consideration of MYR 55 million will be paid by Tex Cycle Technology for 1.6 million shares. The sellers in the transaction are Yang Wu-Hsiung, Amia Co.,Ltd (TWSE:8438), Beltrax Engineering Sdn Bhd, Good Credentials Sdn Bhd, Panbright Holdings Sdn Bhd, Peninsular Accord Sdn Bhd, Scientidex Sdn Bhd, Sunrise Majusama Sdn Bhd, Wong Mei Hwa and Yang Chueh-Kuang. The Purchase Consideration will be funded in the following manner: (i) MYR 37 million to be funded via internally generated funds; and (ii) the remaining MYR 18 million to be funded via bank borrowings. As of May 13, 2025, Tex Cycle has revised the manner of funding the Purchase Consideration. The Purchase Consideration will be funded in the following manner - MYR 17 million to be funded via internally generated funds and MYR 38 million to be funded via bank borrowings. This acquisition marks a strategic expansion for Tex Cycle, further enhancing its capabilities in scheduled waste management and chemical processing. The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by target shareholders, the shareholders of Tex Cycle at an extraordinary general meeting to be convened; consummation of due diligence investigation, and any other relevant government authorities and/or parties, if required. The transaction is expected to close on September 30, 2024. Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) and the Vendors have, through the exchange of letters dated 25 September 2024 and 26 September 2024 by their respective solicitors, mutually agreed to further extend the period to conduct due diligence on the Target Company and the execution of the definitive share sale agreement to 31 October 2024. Tex Cycle does not expect to incur additional financial commitment to put the business of the Meridian World Group on-stream as the latter has on-going operations. Tex Cycle does not expect to incur additional financial commitment to put the business of the Meridian World Group on-stream as the latter has on-going operations. The Proposed Acquisition is also expected to bring synergistic benefits, such as improved operational efficiency via collaborative logistics, cross-selling among the enlarged customer base of the combined group, streamlining of operations to eliminate overlapping functions, and economies of scale in procurement, in view that both the Tex Cycle Group and Meridian World Group are primarily involved in the same scheduled waste management industry. The Proposed Acquisition is expected to be completed by the 3rd quarter of 2025. RHB Investment Bank Berhad has been appointed as the Principal Adviser for the Proposed Acquisition for Tex Cycle Technology (M) Berhad. Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) completed the acquisition of Meridian World Sdn. Bhd. from a group of shareholders on August 4, 2025. Balance payment of MYR 42.8 million paid to vendors.Declared Dividend • May 29Dividend increased to NT$1.30Dividend of NT$1.30 is 44% higher than last year. Ex-date: 12th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.36 in 1Q 2024). Revenue: NT$865.9m (up 24% from 1Q 2024). Net income: NT$34.1m (up 36% from 1Q 2024). Profit margin: 3.9% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Apr 22Amia Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Amia Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025Buy Or Sell Opportunity • Apr 14Now 20% overvaluedOver the last 90 days, the stock has fallen 4.0% to NT$29.00. The fair value is estimated to be NT$24.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 24%.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to NT$25.30, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 25% over the past three years.New Risk • Mar 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$2.26b market cap, or US$67.9m).Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$2.21 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$2.21 (up from NT$1.28 in FY 2023). Revenue: NT$3.41b (up 11% from FY 2023). Net income: NT$154.5m (up 73% from FY 2023). Profit margin: 4.5% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • Mar 03Amia Co.,Ltd, Annual General Meeting, May 27, 2025Amia Co.,Ltd, Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: no,101, min sheng rd., dayuan dist., taoyuan city Taiwanお知らせ • Feb 20Amia Co.,Ltd to Report Q4, 2024 Results on Feb 27, 2025Amia Co.,Ltd announced that they will report Q4, 2024 results on Feb 27, 2025分析記事 • Feb 17Amia Co.,Ltd's (TWSE:8438) Price Is Right But Growth Is Lacking After Shares Rocket 26%Amia Co.,Ltd ( TWSE:8438 ) shareholders would be excited to see that the share price has had a great month, posting a...Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$37.85, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total loss to shareholders of 29% 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.20b market cap, or US$67.8m).Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.38 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.64 (up from NT$0.38 in 3Q 2023). Revenue: NT$923.6m (up 22% from 3Q 2023). Net income: NT$44.7m (up 69% from 3Q 2023). Profit margin: 4.8% (up from 3.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Oct 22Amia Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024Amia Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024分析記事 • Aug 22Earnings Not Telling The Story For Amia Co.,Ltd (TWSE:8438) After Shares Rise 34%Amia Co.,Ltd ( TWSE:8438 ) shareholders would be excited to see that the share price has had a great month, posting a...分析記事 • Aug 09We Think AmiaLtd's (TWSE:8438) Healthy Earnings Might Be ConservativeAmia Co.,Ltd's ( TWSE:8438 ) solid earnings announcement recently didn't do much to the stock price. We did some...Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.28 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.28 in 2Q 2023). Revenue: NT$918.3m (up 16% from 2Q 2023). Net income: NT$53.7m (up 176% from 2Q 2023). Profit margin: 5.9% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.分析記事 • Jul 23Does AmiaLtd (TWSE:8438) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Jul 18Amia Co.,Ltd to Report Q2, 2024 Results on Jul 26, 2024Amia Co.,Ltd announced that they will report Q2, 2024 results on Jul 26, 2024お知らせ • Jun 14Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million.Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million on June 12, 2024. A cash consideration of MYR 55 million will be paid by Tex Cycle Technology for 1.6 million shares. The sellers in the transaction are Yang Wu-Hsiung, Amia Co.,Ltd (TWSE:8438), Beltrax Engineering Sdn Bhd, Good Credentials Sdn Bhd, Panbright Holdings Sdn Bhd, Peninsular Accord Sdn Bhd, Scientidex Sdn Bhd, Sunrise Majusama Sdn Bhd, Wong Mei Hwa and Yang Chueh-Kuang. The Purchase Consideration will be funded via internally generated funds and/or bank borrowings. The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by target shareholders and consummation of due diligence investigation.Upcoming Dividend • Jun 04Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.1%).分析記事 • Jun 02Amia Co.,Ltd's (TWSE:8438) Shares Climb 38% But Its Business Is Yet to Catch UpDespite an already strong run, Amia Co.,Ltd ( TWSE:8438 ) shares have been powering on, with a gain of 38% in the last...お知らせ • May 25Amia Co.,Ltd Announces Common Stock Cash Dividend Distribution, Payable on July 5, 2024Amia Co.,Ltd announced common stock cash dividend distribution of TWD 62,948,700 (TWD 0.9 per share). Date of the resolution by the board of directors or shareholders meeting or decision by the Company is May 24, 2024. Ex-rights (ex-dividend) trading date: June 11, 2024. Ex-rights (ex-dividend) record date: June 17, 2024. Payment date of common stock cash dividend distribution: July 5, 2024.Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$42.80, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 18% over the past three years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.36 (vs NT$0.21 in 1Q 2023)First quarter 2024 results: EPS: NT$0.36 (up from NT$0.21 in 1Q 2023). Revenue: NT$696.8m (down 6.9% from 1Q 2023). Net income: NT$25.1m (up 72% from 1Q 2023). Profit margin: 3.6% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.お知らせ • May 01Amia Co.,Ltd to Report Q1, 2024 Results on May 10, 2024Amia Co.,Ltd announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$2.31b market cap, or US$70.8m).分析記事 • Apr 17Amia Co.,Ltd (TWSE:8438) Stock Rockets 30% As Investors Are Less Pessimistic Than ExpectedAmia Co.,Ltd ( TWSE:8438 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total loss to shareholders of 12% over the past three years.分析記事 • Apr 16AmiaLtd (TWSE:8438) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.28 (vs NT$1.46 in FY 2022)Full year 2023 results: EPS: NT$1.28 (down from NT$1.46 in FY 2022). Revenue: NT$3.06b (down 18% from FY 2022). Net income: NT$89.3m (down 11% from FY 2022). Profit margin: 2.9% (up from 2.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Feb 28Amia Co.,Ltd, Annual General Meeting, May 24, 2024Amia Co.,Ltd, Annual General Meeting, May 24, 2024. Location: No. 101, Minsheng Road, Dayuan Park Taoyuan City (Conference Room of Service Center of Dayuan Industrial Zone Taoyuan City Taiwan Agenda: To consider and approve 2023 annual business report; to consider and approve Audit Committee Audit Report; to consider Report on the distribution of employee remuneration and directors' remuneration; to consider Report on communication between the members of the Audit Committee and the Head of Internal Audit; to consider Report on directors' remuneration for the 2023 of the Company; and to consider the Cause for convening the meeting.Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.15 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (up from NT$0.15 in 3Q 2022). Revenue: NT$757.2m (down 12% from 3Q 2022). Net income: NT$26.5m (up 145% from 3Q 2022). Profit margin: 3.5% (up from 1.3% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$0.28 (vs NT$0.61 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.28 (down from NT$0.61 in 2Q 2022). Revenue: NT$789.5m (down 24% from 2Q 2022). Net income: NT$19.4m (down 55% from 2Q 2022). Profit margin: 2.5% (down from 4.1% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.55, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 72% over the past three years.お知らせ • Jul 18Amia Co.,Ltd's Subsidiary, Gold Partner Enterprises (Kunshan) Co.,Ltd. Announces Earnings DistributionAmia Co.,Ltd's Subsidiary, Gold Partner Enterprises (Kunshan) Co.,Ltd. announced cash dividend distribution of RMB 7,000,000.Upcoming Dividend • Jun 19Upcoming dividend of NT$1.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 June 2023. Payment date: 20 July 2023. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (3.5%).お知らせ • Jun 08Amia Co.,Ltd Announces Cash Dividend, Payable on July 20, 2023Amia Co.,Ltd announced cash dividend of TWD 1 per share or TWD 69,943,000. Ex-rights (ex-dividend) trading date is June 26, 2023. Ex-rights (ex-dividend) record date is July 2, 2023. Payment date of cash dividend distribution is July 20, 2023.Reported Earnings • May 23First quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.66 in 1Q 2022)First quarter 2023 results: EPS: NT$0.21 (down from NT$0.66 in 1Q 2022). Revenue: NT$748.2m (down 29% from 1Q 2022). Net income: NT$14.6m (down 65% from 1Q 2022). Profit margin: 2.0% (down from 4.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$1.46 (vs NT$3.56 in FY 2021)Full year 2022 results: EPS: NT$1.46 (down from NT$3.56 in FY 2021). Revenue: NT$3.72b (down 12% from FY 2021). Net income: NT$99.8m (down 55% from FY 2021). Profit margin: 2.7% (down from 5.2% 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 51% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Nov 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$32.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 71%.Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: NT$0.15 (vs NT$0.95 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.15 (down from NT$0.95 in 3Q 2021). Revenue: NT$861.1m (down 20% from 3Q 2021). Net income: NT$10.8m (down 82% from 3Q 2021). Profit margin: 1.3% (down from 5.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Aug 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be NT$37.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 87%.Reported Earnings • Jul 31Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.61. Revenue: NT$1.03b (flat on 2Q 2021). Net income: NT$42.9m (up NT$42.9m from 2Q 2021). Profit margin: 4.1% (up from null in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.8%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.66 (vs NT$0.90 in 1Q 2021)First quarter 2022 results: EPS: NT$0.66 (down from NT$0.90 in 1Q 2021). Revenue: NT$1.05b (up 5.6% from 1Q 2021). Net income: NT$42.0m (down 25% from 1Q 2021). Profit margin: 4.0% (down from 5.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). President and Director Yanheng Chen was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$40.50, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 122% over the past three years.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$60.20, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 285% over the past three years.Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS NT$0.95 (vs NT$0.40 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.08b (up 43% from 3Q 2020). Net income: NT$59.1m (up 141% from 3Q 2020). Profit margin: 5.5% (up from 3.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$51.80, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 241% over the past three years.Board Change • Sep 10Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). President and Director Yanheng Chen was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$1.79 (vs NT$0.34 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$1.98b (up 47% from 1H 2020). Net income: NT$111.2m (up 430% from 1H 2020). Profit margin: 5.6% (up from 1.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 15Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 18 August 2021. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.8%).分析記事 • Apr 28AmiaLtd's (GTSM:8438) Robust Earnings Are Supported By Other Strong FactorsAmia Co.,Ltd's ( GTSM:8438 ) earnings announcement last week was disappointing for investors, despite the decent profit...Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$1.12 (vs NT$0.067 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.87b (up 3.8% from FY 2019). Net income: NT$70.0m (up NT$65.8m from FY 2019). Profit margin: 2.4% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.分析記事 • Mar 26The Returns At AmiaLtd (GTSM:8438) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.00, the stock is trading at a trailing P/E ratio of 57.6x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 21x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 76%.Is New 90 Day High Low • Mar 03New 90-day high: NT$25.80The company is up 29% from its price of NT$19.95 on 02 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.分析記事 • Jan 21The AmiaLtd (GTSM:8438) Share Price Is Up 16% And Shareholders Are Holding OnWe believe investing is smart because history shows that stock markets go higher in the long term. But if when you...分析記事 • Dec 23Does Amia Co.,Ltd's (GTSM:8438) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Most readers would already know that AmiaLtd's (GTSM:8438) stock increased by 5.0% over the past three months. Given...分析記事 • Nov 25Returns On Capital At AmiaLtd (GTSM:8438) Paint An Interesting PictureFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...収支内訳AmiaLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:8438 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 264,142184260831 Dec 253,842147258730 Sep 253,664115269730 Jun 253,589120270731 Mar 253,575163278731 Dec 243,406155274730 Sep 243,303152260730 Jun 243,137134262631 Mar 243,008100260631 Dec 233,05989261630 Sep 233,07265259530 Jun 233,17649255531 Mar 233,42172249531 Dec 223,721100261430 Sep 224,083146262430 Jun 224,303194282431 Mar 224,330217298431 Dec 214,204221303430 Sep 213,854199301530 Jun 213,495160279431 Mar 213,111105267431 Dec 202,86670251330 Sep 202,78047252330 Jun 202,76031252331 Mar 202,76118250331 Dec 192,7624248330 Sep 192,8715251430 Jun 192,9816254431 Mar 193,18223261431 Dec 183,38341269430 Sep 183,37141270430 Jun 183,35941270431 Mar 183,21820260431 Dec 173,0760250430 Sep 172,9786252530 Jun 172,88112254631 Mar 172,76821258631 Dec 162,65630262630 Sep 162,66819263630 Jun 162,6808264531 Mar 162,81516268531 Dec 152,95025272530 Sep 153,14635280630 Jun 153,343452886質の高い収益: 8438は 高品質の収益 を持っています。利益率の向上: 8438の現在の純利益率 (4.4%)は、昨年(4.6%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 8438の収益は過去 5 年間で年間3.8%減少しました。成長の加速: 8438の過去 1 年間の収益成長率 ( 12.5% ) は、5 年間の平均 ( 年間-3.8%を上回っています。収益対業界: 8438の過去 1 年間の収益成長率 ( 12.5% ) はChemicals業界-7.2%を上回りました。株主資本利益率高いROE: 8438の 自己資本利益率 ( 9.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YMaterials 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 08:04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Amia 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。0
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.02 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$1.02 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.17b (up 35% from 1Q 2025). Net income: NT$71.4m (up 110% from 1Q 2025). Profit margin: 6.1% (up from 3.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$2.10 (vs NT$2.21 in FY 2024)Full year 2025 results: EPS: NT$2.10 (down from NT$2.21 in FY 2024). Revenue: NT$3.84b (up 13% from FY 2024). Net income: NT$146.6m (down 5.1% from FY 2024). Profit margin: 3.8% (down from 4.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.15 (down from NT$0.77 in 2Q 2024). Revenue: NT$931.9m (up 1.5% from 2Q 2024). Net income: NT$10.5m (down 80% from 2Q 2024). Profit margin: 1.1% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.36 in 1Q 2024). Revenue: NT$865.9m (up 24% from 1Q 2024). Net income: NT$34.1m (up 36% from 1Q 2024). Profit margin: 3.9% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Apr 22Amia Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Amia Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025
Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$2.21 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$2.21 (up from NT$1.28 in FY 2023). Revenue: NT$3.41b (up 11% from FY 2023). Net income: NT$154.5m (up 73% from FY 2023). Profit margin: 4.5% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.02 (vs NT$0.49 in 1Q 2025)First quarter 2026 results: EPS: NT$1.02 (up from NT$0.49 in 1Q 2025). Revenue: NT$1.17b (up 35% from 1Q 2025). Net income: NT$71.4m (up 110% from 1Q 2025). Profit margin: 6.1% (up from 3.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$104, the stock trades at a trailing P/E ratio of 49.4x. Average trailing P/E is 34x in the Chemicals industry in Taiwan. Total returns to shareholders of 368% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$80.90, the stock trades at a trailing P/E ratio of 38.6x. Average trailing P/E is 28x in the Chemicals industry in Taiwan. Total returns to shareholders of 265% over the past three years.
Reported Earnings • Mar 24Full year 2025 earnings released: EPS: NT$2.10 (vs NT$2.21 in FY 2024)Full year 2025 results: EPS: NT$2.10 (down from NT$2.21 in FY 2024). Revenue: NT$3.84b (up 13% from FY 2024). Net income: NT$146.6m (down 5.1% from FY 2024). Profit margin: 3.8% (down from 4.5% 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 24% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$69.40, the stock trades at a trailing P/E ratio of 42x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 201% over the past three years.
お知らせ • Feb 25Amia Co.,Ltd, Annual General Meeting, May 27, 2026Amia Co.,Ltd, Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,101, min sheng rd., dayuan dist., taoyuan city Taiwan
New Risk • Feb 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.2% net profit margin).
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$57.20, the stock trades at a trailing P/E ratio of 34.6x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$59.00, the stock trades at a trailing P/E ratio of 35.7x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 173% over the past three years.
New Risk • Jan 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$34.65, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 58% over the past three years.
Buy Or Sell Opportunity • Dec 29Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to NT$34.65. The fair value is estimated to be NT$27.95, 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 15%.
New Risk • Nov 10New major risk - Revenue and earnings growthEarnings have declined by 0.6% 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 Risk Earnings have declined by 0.6% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (NT$2.08b market cap, or US$67.3m).
Reported Earnings • Aug 08Second quarter 2025 earnings released: EPS: NT$0.15 (vs NT$0.77 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.15 (down from NT$0.77 in 2Q 2024). Revenue: NT$931.9m (up 1.5% from 2Q 2024). Net income: NT$10.5m (down 80% from 2Q 2024). Profit margin: 1.1% (down from 5.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat.
お知らせ • Aug 05Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) completed the acquisition of Meridian World Sdn. Bhd. from a group of shareholders.Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million on June 12, 2024. As of February 27, 2025, Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) entered into a conditional Share Sale Agreement to acquire Meridian World Sdn. Bhd. from a group of shareholders. A cash consideration of MYR 55 million will be paid by Tex Cycle Technology for 1.6 million shares. The sellers in the transaction are Yang Wu-Hsiung, Amia Co.,Ltd (TWSE:8438), Beltrax Engineering Sdn Bhd, Good Credentials Sdn Bhd, Panbright Holdings Sdn Bhd, Peninsular Accord Sdn Bhd, Scientidex Sdn Bhd, Sunrise Majusama Sdn Bhd, Wong Mei Hwa and Yang Chueh-Kuang. The Purchase Consideration will be funded in the following manner: (i) MYR 37 million to be funded via internally generated funds; and (ii) the remaining MYR 18 million to be funded via bank borrowings. As of May 13, 2025, Tex Cycle has revised the manner of funding the Purchase Consideration. The Purchase Consideration will be funded in the following manner - MYR 17 million to be funded via internally generated funds and MYR 38 million to be funded via bank borrowings. This acquisition marks a strategic expansion for Tex Cycle, further enhancing its capabilities in scheduled waste management and chemical processing. The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by target shareholders, the shareholders of Tex Cycle at an extraordinary general meeting to be convened; consummation of due diligence investigation, and any other relevant government authorities and/or parties, if required. The transaction is expected to close on September 30, 2024. Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) and the Vendors have, through the exchange of letters dated 25 September 2024 and 26 September 2024 by their respective solicitors, mutually agreed to further extend the period to conduct due diligence on the Target Company and the execution of the definitive share sale agreement to 31 October 2024. Tex Cycle does not expect to incur additional financial commitment to put the business of the Meridian World Group on-stream as the latter has on-going operations. Tex Cycle does not expect to incur additional financial commitment to put the business of the Meridian World Group on-stream as the latter has on-going operations. The Proposed Acquisition is also expected to bring synergistic benefits, such as improved operational efficiency via collaborative logistics, cross-selling among the enlarged customer base of the combined group, streamlining of operations to eliminate overlapping functions, and economies of scale in procurement, in view that both the Tex Cycle Group and Meridian World Group are primarily involved in the same scheduled waste management industry. The Proposed Acquisition is expected to be completed by the 3rd quarter of 2025. RHB Investment Bank Berhad has been appointed as the Principal Adviser for the Proposed Acquisition for Tex Cycle Technology (M) Berhad. Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) completed the acquisition of Meridian World Sdn. Bhd. from a group of shareholders on August 4, 2025. Balance payment of MYR 42.8 million paid to vendors.
Declared Dividend • May 29Dividend increased to NT$1.30Dividend of NT$1.30 is 44% higher than last year. Ex-date: 12th June 2025 Payment date: 16th July 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 16% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 52% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 04First quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.36 in 1Q 2024)First quarter 2025 results: EPS: NT$0.49 (up from NT$0.36 in 1Q 2024). Revenue: NT$865.9m (up 24% from 1Q 2024). Net income: NT$34.1m (up 36% from 1Q 2024). Profit margin: 3.9% (up from 3.6% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Apr 22Amia Co.,Ltd to Report Q1, 2025 Results on Apr 25, 2025Amia Co.,Ltd announced that they will report Q1, 2025 results on Apr 25, 2025
Buy Or Sell Opportunity • Apr 14Now 20% overvaluedOver the last 90 days, the stock has fallen 4.0% to NT$29.00. The fair value is estimated to be NT$24.14, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 24%.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 24%After last week's 24% share price decline to NT$25.30, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 25% over the past three years.
New Risk • Mar 31New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$2.26b market cap, or US$67.9m).
Reported Earnings • Mar 12Full year 2024 earnings released: EPS: NT$2.21 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$2.21 (up from NT$1.28 in FY 2023). Revenue: NT$3.41b (up 11% from FY 2023). Net income: NT$154.5m (up 73% from FY 2023). Profit margin: 4.5% (up from 2.9% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 03Amia Co.,Ltd, Annual General Meeting, May 27, 2025Amia Co.,Ltd, Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: no,101, min sheng rd., dayuan dist., taoyuan city Taiwan
お知らせ • Feb 20Amia Co.,Ltd to Report Q4, 2024 Results on Feb 27, 2025Amia Co.,Ltd announced that they will report Q4, 2024 results on Feb 27, 2025
分析記事 • Feb 17Amia Co.,Ltd's (TWSE:8438) Price Is Right But Growth Is Lacking After Shares Rocket 26%Amia Co.,Ltd ( TWSE:8438 ) shareholders would be excited to see that the share price has had a great month, posting a...
Valuation Update With 7 Day Price Move • Feb 17Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$37.85, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total loss to shareholders of 29% 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 Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$2.20b market cap, or US$67.8m).
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.38 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.64 (up from NT$0.38 in 3Q 2023). Revenue: NT$923.6m (up 22% from 3Q 2023). Net income: NT$44.7m (up 69% from 3Q 2023). Profit margin: 4.8% (up from 3.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 22Amia Co.,Ltd to Report Q3, 2024 Results on Oct 29, 2024Amia Co.,Ltd announced that they will report Q3, 2024 results on Oct 29, 2024
分析記事 • Aug 22Earnings Not Telling The Story For Amia Co.,Ltd (TWSE:8438) After Shares Rise 34%Amia Co.,Ltd ( TWSE:8438 ) shareholders would be excited to see that the share price has had a great month, posting a...
分析記事 • Aug 09We Think AmiaLtd's (TWSE:8438) Healthy Earnings Might Be ConservativeAmia Co.,Ltd's ( TWSE:8438 ) solid earnings announcement recently didn't do much to the stock price. We did some...
Reported Earnings • Aug 04Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.28 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.28 in 2Q 2023). Revenue: NT$918.3m (up 16% from 2Q 2023). Net income: NT$53.7m (up 176% from 2Q 2023). Profit margin: 5.9% (up from 2.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
分析記事 • Jul 23Does AmiaLtd (TWSE:8438) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Jul 18Amia Co.,Ltd to Report Q2, 2024 Results on Jul 26, 2024Amia Co.,Ltd announced that they will report Q2, 2024 results on Jul 26, 2024
お知らせ • Jun 14Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million.Tex Cycle Technology (M) Berhad (KLSE:TEXCYCL) signed binding term sheet to acquire Meridian World Sdn. Bhd. from a group of shareholders for MYR 55 million on June 12, 2024. A cash consideration of MYR 55 million will be paid by Tex Cycle Technology for 1.6 million shares. The sellers in the transaction are Yang Wu-Hsiung, Amia Co.,Ltd (TWSE:8438), Beltrax Engineering Sdn Bhd, Good Credentials Sdn Bhd, Panbright Holdings Sdn Bhd, Peninsular Accord Sdn Bhd, Scientidex Sdn Bhd, Sunrise Majusama Sdn Bhd, Wong Mei Hwa and Yang Chueh-Kuang. The Purchase Consideration will be funded via internally generated funds and/or bank borrowings. The transaction is subject to approval of merger agreement by target board, approval of offer by acquirer shareholders, approval of offer by target shareholders and consummation of due diligence investigation.
Upcoming Dividend • Jun 04Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 11 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (2.1%).
分析記事 • Jun 02Amia Co.,Ltd's (TWSE:8438) Shares Climb 38% But Its Business Is Yet to Catch UpDespite an already strong run, Amia Co.,Ltd ( TWSE:8438 ) shares have been powering on, with a gain of 38% in the last...
お知らせ • May 25Amia Co.,Ltd Announces Common Stock Cash Dividend Distribution, Payable on July 5, 2024Amia Co.,Ltd announced common stock cash dividend distribution of TWD 62,948,700 (TWD 0.9 per share). Date of the resolution by the board of directors or shareholders meeting or decision by the Company is May 24, 2024. Ex-rights (ex-dividend) trading date: June 11, 2024. Ex-rights (ex-dividend) record date: June 17, 2024. Payment date of common stock cash dividend distribution: July 5, 2024.
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$42.80, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 18% over the past three years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.36 (vs NT$0.21 in 1Q 2023)First quarter 2024 results: EPS: NT$0.36 (up from NT$0.21 in 1Q 2023). Revenue: NT$696.8m (down 6.9% from 1Q 2023). Net income: NT$25.1m (up 72% from 1Q 2023). Profit margin: 3.6% (up from 2.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
お知らせ • May 01Amia Co.,Ltd to Report Q1, 2024 Results on May 10, 2024Amia Co.,Ltd announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$2.31b market cap, or US$70.8m).
分析記事 • Apr 17Amia Co.,Ltd (TWSE:8438) Stock Rockets 30% As Investors Are Less Pessimistic Than ExpectedAmia Co.,Ltd ( TWSE:8438 ) shareholders have had their patience rewarded with a 30% share price jump in the last month...
Valuation Update With 7 Day Price Move • Apr 17Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total loss to shareholders of 12% over the past three years.
分析記事 • Apr 16AmiaLtd (TWSE:8438) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.28 (vs NT$1.46 in FY 2022)Full year 2023 results: EPS: NT$1.28 (down from NT$1.46 in FY 2022). Revenue: NT$3.06b (down 18% from FY 2022). Net income: NT$89.3m (down 11% from FY 2022). Profit margin: 2.9% (up from 2.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Feb 28Amia Co.,Ltd, Annual General Meeting, May 24, 2024Amia Co.,Ltd, Annual General Meeting, May 24, 2024. Location: No. 101, Minsheng Road, Dayuan Park Taoyuan City (Conference Room of Service Center of Dayuan Industrial Zone Taoyuan City Taiwan Agenda: To consider and approve 2023 annual business report; to consider and approve Audit Committee Audit Report; to consider Report on the distribution of employee remuneration and directors' remuneration; to consider Report on communication between the members of the Audit Committee and the Head of Internal Audit; to consider Report on directors' remuneration for the 2023 of the Company; and to consider the Cause for convening the meeting.
Reported Earnings • Nov 02Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.15 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (up from NT$0.15 in 3Q 2022). Revenue: NT$757.2m (down 12% from 3Q 2022). Net income: NT$26.5m (up 145% from 3Q 2022). Profit margin: 3.5% (up from 1.3% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 08Second quarter 2023 earnings released: EPS: NT$0.28 (vs NT$0.61 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.28 (down from NT$0.61 in 2Q 2022). Revenue: NT$789.5m (down 24% from 2Q 2022). Net income: NT$19.4m (down 55% from 2Q 2022). Profit margin: 2.5% (down from 4.1% in 2Q 2022). The decrease in margin was driven by lower revenue. 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 13% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.55, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 72% over the past three years.
お知らせ • Jul 18Amia Co.,Ltd's Subsidiary, Gold Partner Enterprises (Kunshan) Co.,Ltd. Announces Earnings DistributionAmia Co.,Ltd's Subsidiary, Gold Partner Enterprises (Kunshan) Co.,Ltd. announced cash dividend distribution of RMB 7,000,000.
Upcoming Dividend • Jun 19Upcoming dividend of NT$1.00 per share at 3.7% yieldEligible shareholders must have bought the stock before 26 June 2023. Payment date: 20 July 2023. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (3.5%).
お知らせ • Jun 08Amia Co.,Ltd Announces Cash Dividend, Payable on July 20, 2023Amia Co.,Ltd announced cash dividend of TWD 1 per share or TWD 69,943,000. Ex-rights (ex-dividend) trading date is June 26, 2023. Ex-rights (ex-dividend) record date is July 2, 2023. Payment date of cash dividend distribution is July 20, 2023.
Reported Earnings • May 23First quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.66 in 1Q 2022)First quarter 2023 results: EPS: NT$0.21 (down from NT$0.66 in 1Q 2022). Revenue: NT$748.2m (down 29% from 1Q 2022). Net income: NT$14.6m (down 65% from 1Q 2022). Profit margin: 2.0% (down from 4.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: NT$1.46 (vs NT$3.56 in FY 2021)Full year 2022 results: EPS: NT$1.46 (down from NT$3.56 in FY 2021). Revenue: NT$3.72b (down 12% from FY 2021). Net income: NT$99.8m (down 55% from FY 2021). Profit margin: 2.7% (down from 5.2% 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 51% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Nov 16Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 13%. The fair value is estimated to be NT$32.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 71%.
Reported Earnings • Nov 02Third quarter 2022 earnings released: EPS: NT$0.15 (vs NT$0.95 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.15 (down from NT$0.95 in 3Q 2021). Revenue: NT$861.1m (down 20% from 3Q 2021). Net income: NT$10.8m (down 82% from 3Q 2021). Profit margin: 1.3% (down from 5.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Aug 04Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 23%. The fair value is estimated to be NT$37.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 87%.
Reported Earnings • Jul 31Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.61. Revenue: NT$1.03b (flat on 2Q 2021). Net income: NT$42.9m (up NT$42.9m from 2Q 2021). Profit margin: 4.1% (up from null in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 02Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 07 July 2022. Payout ratio is a comfortable 58% but the company is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.8%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.66 (vs NT$0.90 in 1Q 2021)First quarter 2022 results: EPS: NT$0.66 (down from NT$0.90 in 1Q 2021). Revenue: NT$1.05b (up 5.6% from 1Q 2021). Net income: NT$42.0m (down 25% from 1Q 2021). Profit margin: 4.0% (down from 5.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). President and Director Yanheng Chen was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$40.50, the stock trades at a trailing P/E ratio of 12.7x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 122% over the past three years.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$60.20, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 285% over the past three years.
Reported Earnings • Nov 17Third quarter 2021 earnings released: EPS NT$0.95 (vs NT$0.40 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.08b (up 43% from 3Q 2020). Net income: NT$59.1m (up 141% from 3Q 2020). Profit margin: 5.5% (up from 3.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$51.80, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 241% over the past three years.
Board Change • Sep 10Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). President and Director Yanheng Chen was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 18First half 2021 earnings released: EPS NT$1.79 (vs NT$0.34 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NT$1.98b (up 47% from 1H 2020). Net income: NT$111.2m (up 430% from 1H 2020). Profit margin: 5.6% (up from 1.5% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 15Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 22 July 2021. Payment date: 18 August 2021. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.8%).
分析記事 • Apr 28AmiaLtd's (GTSM:8438) Robust Earnings Are Supported By Other Strong FactorsAmia Co.,Ltd's ( GTSM:8438 ) earnings announcement last week was disappointing for investors, despite the decent profit...
Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$1.12 (vs NT$0.067 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.87b (up 3.8% from FY 2019). Net income: NT$70.0m (up NT$65.8m from FY 2019). Profit margin: 2.4% (up from 0.2% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 34% per year.
分析記事 • Mar 26The Returns At AmiaLtd (GTSM:8438) Aren't GrowingIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$29.00, the stock is trading at a trailing P/E ratio of 57.6x, up from the previous P/E ratio of 49.5x. This compares to an average P/E of 21x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 76%.
Is New 90 Day High Low • Mar 03New 90-day high: NT$25.80The company is up 29% from its price of NT$19.95 on 02 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.
分析記事 • Jan 21The AmiaLtd (GTSM:8438) Share Price Is Up 16% And Shareholders Are Holding OnWe believe investing is smart because history shows that stock markets go higher in the long term. But if when you...
分析記事 • Dec 23Does Amia Co.,Ltd's (GTSM:8438) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Most readers would already know that AmiaLtd's (GTSM:8438) stock increased by 5.0% over the past three months. Given...
分析記事 • Nov 25Returns On Capital At AmiaLtd (GTSM:8438) Paint An Interesting PictureFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few...