View ValuationSincere Security 将来の成長Future 基準チェック /06現在、 Sincere Securityの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Real Estate 収益成長16.1%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.37 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$924.2m (up 6.4% from 1Q 2025). Net income: NT$33.4m (up 8.5% from 1Q 2025). Profit margin: 3.6% (in line with 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.65 (vs NT$4.39 in FY 2024)Full year 2025 results: EPS: NT$4.65 (up from NT$4.39 in FY 2024). Revenue: NT$3.63b (up 9.2% from FY 2024). Net income: NT$104.7m (up 6.0% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 10Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.43 (vs NT$1.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.43 (down from NT$1.43 in 3Q 2024). Revenue: NT$918.7m (up 11% from 3Q 2024). Net income: NT$32.1m (flat on 3Q 2024). Profit margin: 3.5% (down from 3.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.11 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.11 (down from NT$1.27 in 2Q 2024). Revenue: NT$890.7m (up 6.8% from 2Q 2024). Net income: NT$25.1m (down 12% from 2Q 2024). Profit margin: 2.8% (down from 3.4% 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 12% per year whereas the company’s share price has increased by 10% per year.Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.37 (vs NT$0.79 in 1Q 2024)First quarter 2025 results: EPS: NT$1.37 (up from NT$0.79 in 1Q 2024). Revenue: NT$868.9m (up 9.5% from 1Q 2024). Net income: NT$30.8m (up 74% from 1Q 2024). Profit margin: 3.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$4.39 (vs NT$3.33 in FY 2023)Full year 2024 results: EPS: NT$4.39 (up from NT$3.33 in FY 2023). Revenue: NT$3.32b (up 11% from FY 2023). Net income: NT$98.8m (up 32% from FY 2023). Profit margin: 3.0% (up from 2.5% 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 6% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Mar 12Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.43 (vs NT$0.72 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.43 (up from NT$0.72 in 3Q 2023). Revenue: NT$825.7m (up 8.6% from 3Q 2023). Net income: NT$32.2m (up 98% from 3Q 2023). Profit margin: 3.9% (up from 2.1% 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 12% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$0.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (up from NT$0.98 in 2Q 2023). Revenue: NT$834.1m (up 11% from 2Q 2023). Net income: NT$28.6m (up 30% from 2Q 2023). Profit margin: 3.4% (up from 2.9% 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 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.79 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.79 (up from NT$0.73 in 1Q 2023). Revenue: NT$793.8m (up 12% from 1Q 2023). Net income: NT$17.7m (up 8.2% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$3.33 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.33 (up from NT$3.08 in FY 2022). Revenue: NT$2.98b (up 13% from FY 2022). Net income: NT$75.0m (up 12% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.お知らせ • Mar 16Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.72 (vs NT$0.73 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.72 (down from NT$0.73 in 3Q 2022). Revenue: NT$760.4m (up 9.9% from 3Q 2022). Net income: NT$16.3m (flat on 3Q 2022). Profit margin: 2.1% (down from 2.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buying Opportunity • Nov 13Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$63.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.Buying Opportunity • Oct 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$64.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.98 (vs NT$0.54 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.98 (up from NT$0.54 in 2Q 2022). Revenue: NT$753.2m (up 16% from 2Q 2022). Net income: NT$22.0m (up 89% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.39 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.73 (down from NT$1.39 in 3Q 2021). Revenue: NT$691.7m (up 22% from 3Q 2021). Net income: NT$16.4m (down 41% from 3Q 2021). Profit margin: 2.4% (down from 4.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$50.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$53.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.Reported Earnings • Aug 15Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.54. Net income: NT$11.7m (up NT$11.7m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buying Opportunity • Aug 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$59.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%.Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$1.23 in 1Q 2021)First quarter 2022 results: EPS: NT$0.57 (down from NT$1.23 in 1Q 2021). Revenue: NT$596.3m (up 12% from 1Q 2021). Net income: NT$11.5m (down 53% from 1Q 2021). Profit margin: 1.9% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be NT$88.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$5.44 (vs NT$5.47 in FY 2020)Full year 2021 results: EPS: NT$5.44 (down from NT$5.47 in FY 2020). Revenue: NT$2.22b (up 6.7% from FY 2020). Net income: NT$108.9m (flat on FY 2020). Profit margin: 4.9% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.44 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$566.8m (up 6.9% from 3Q 2020). Net income: NT$27.8m (down 3.2% from 3Q 2020). Profit margin: 4.9% (down from 5.4% in 3Q 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$5.47 (vs NT$2.95 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.08b (up 11% from FY 2019). Net income: NT$109.5m (up 88% from FY 2019). Profit margin: 5.3% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue.分析記事 • Apr 14Is Sincere Security Co. Ltd. (GTSM:6721) A Smart Pick For Income Investors?Today we'll take a closer look at Sincere Security Co. Ltd. ( GTSM:6721 ) from a dividend investor's perspective...Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past year.お知らせ • Mar 12Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021.Is New 90 Day High Low • Feb 20New 90-day low: NT$52.00The company is down 1.0% from its price of NT$52.50 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 1.0% over the same period.Is New 90 Day High Low • Jan 10New 90-day high: NT$55.10The company is up 1.0% from its price of NT$54.80 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.分析記事 • Dec 30Sincere Security (GTSM:6721) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Nov 25Three Things You Should Check Before Buying Sincere Security Co. Ltd. (GTSM:6721) For Its DividendDividend paying stocks like Sincere Security Co. Ltd. (GTSM:6721) tend to be popular with investors, and for good... このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Sincere Security は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:6721 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20263,6821077293N/A12/31/20253,6271056181N/A9/30/20253,545108116147N/A6/30/20253,4511084771N/A3/31/20253,3951124061N/A12/31/20243,32099135160N/A9/30/20243,216993858N/A6/30/20243,1518386106N/A3/31/20243,070767198N/A12/31/20232,983757297N/A9/30/20232,92482112133N/A6/30/20232,85582113134N/A3/31/20232,754726985N/A12/31/20222,64467117N/A9/30/20222,52371-211N/A6/30/20222,39883-33-4N/A3/31/20222,2881024164N/A12/31/20212,21710942125N/A9/30/20212,179107-2277N/A6/30/20212,12810718112N/A3/31/20212,094102-5347N/A12/31/20202,07810990126N/A9/30/20202,00997101117N/A6/30/20201,9678687110N/A3/31/20201,922725071N/A12/31/20191,87658N/A31N/A9/30/20191,82953N/A41N/A6/30/20191,78148N/A50N/A3/31/20191,77757N/A64N/A12/31/20181,77365N/A78N/A9/30/20181,75872N/A66N/A6/30/20181,74379N/A53N/A3/31/20181,66871N/A48N/A12/31/20171,59364N/A42N/A12/31/20161,39449N/A61N/A12/31/20151,02826N/A-6N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 6721の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 6721の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 6721の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 6721の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 6721の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 6721の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 業界の高成長企業。View Past Performance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2026/05/21 04:12終値2026/05/21 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Sincere Security Corp. 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 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.37 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$924.2m (up 6.4% from 1Q 2025). Net income: NT$33.4m (up 8.5% from 1Q 2025). Profit margin: 3.6% (in line with 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.65 (vs NT$4.39 in FY 2024)Full year 2025 results: EPS: NT$4.65 (up from NT$4.39 in FY 2024). Revenue: NT$3.63b (up 9.2% from FY 2024). Net income: NT$104.7m (up 6.0% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 10Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.43 (vs NT$1.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.43 (down from NT$1.43 in 3Q 2024). Revenue: NT$918.7m (up 11% from 3Q 2024). Net income: NT$32.1m (flat on 3Q 2024). Profit margin: 3.5% (down from 3.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.11 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.11 (down from NT$1.27 in 2Q 2024). Revenue: NT$890.7m (up 6.8% from 2Q 2024). Net income: NT$25.1m (down 12% from 2Q 2024). Profit margin: 2.8% (down from 3.4% 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 12% per year whereas the company’s share price has increased by 10% per year.
Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.37 (vs NT$0.79 in 1Q 2024)First quarter 2025 results: EPS: NT$1.37 (up from NT$0.79 in 1Q 2024). Revenue: NT$868.9m (up 9.5% from 1Q 2024). Net income: NT$30.8m (up 74% from 1Q 2024). Profit margin: 3.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$4.39 (vs NT$3.33 in FY 2023)Full year 2024 results: EPS: NT$4.39 (up from NT$3.33 in FY 2023). Revenue: NT$3.32b (up 11% from FY 2023). Net income: NT$98.8m (up 32% from FY 2023). Profit margin: 3.0% (up from 2.5% 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 6% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Mar 12Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.43 (vs NT$0.72 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.43 (up from NT$0.72 in 3Q 2023). Revenue: NT$825.7m (up 8.6% from 3Q 2023). Net income: NT$32.2m (up 98% from 3Q 2023). Profit margin: 3.9% (up from 2.1% 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 12% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$0.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (up from NT$0.98 in 2Q 2023). Revenue: NT$834.1m (up 11% from 2Q 2023). Net income: NT$28.6m (up 30% from 2Q 2023). Profit margin: 3.4% (up from 2.9% 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 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.79 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.79 (up from NT$0.73 in 1Q 2023). Revenue: NT$793.8m (up 12% from 1Q 2023). Net income: NT$17.7m (up 8.2% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$3.33 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.33 (up from NT$3.08 in FY 2022). Revenue: NT$2.98b (up 13% from FY 2022). Net income: NT$75.0m (up 12% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 16Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.72 (vs NT$0.73 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.72 (down from NT$0.73 in 3Q 2022). Revenue: NT$760.4m (up 9.9% from 3Q 2022). Net income: NT$16.3m (flat on 3Q 2022). Profit margin: 2.1% (down from 2.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Nov 13Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$63.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.
Buying Opportunity • Oct 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$64.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.98 (vs NT$0.54 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.98 (up from NT$0.54 in 2Q 2022). Revenue: NT$753.2m (up 16% from 2Q 2022). Net income: NT$22.0m (up 89% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.39 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.73 (down from NT$1.39 in 3Q 2021). Revenue: NT$691.7m (up 22% from 3Q 2021). Net income: NT$16.4m (down 41% from 3Q 2021). Profit margin: 2.4% (down from 4.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$50.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.
Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$53.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.
Reported Earnings • Aug 15Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.54. Net income: NT$11.7m (up NT$11.7m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buying Opportunity • Aug 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$59.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%.
Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$1.23 in 1Q 2021)First quarter 2022 results: EPS: NT$0.57 (down from NT$1.23 in 1Q 2021). Revenue: NT$596.3m (up 12% from 1Q 2021). Net income: NT$11.5m (down 53% from 1Q 2021). Profit margin: 1.9% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be NT$88.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$5.44 (vs NT$5.47 in FY 2020)Full year 2021 results: EPS: NT$5.44 (down from NT$5.47 in FY 2020). Revenue: NT$2.22b (up 6.7% from FY 2020). Net income: NT$108.9m (flat on FY 2020). Profit margin: 4.9% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.44 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$566.8m (up 6.9% from 3Q 2020). Net income: NT$27.8m (down 3.2% from 3Q 2020). Profit margin: 4.9% (down from 5.4% in 3Q 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).
Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$5.47 (vs NT$2.95 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.08b (up 11% from FY 2019). Net income: NT$109.5m (up 88% from FY 2019). Profit margin: 5.3% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue.
分析記事 • Apr 14Is Sincere Security Co. Ltd. (GTSM:6721) A Smart Pick For Income Investors?Today we'll take a closer look at Sincere Security Co. Ltd. ( GTSM:6721 ) from a dividend investor's perspective...
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past year.
お知らせ • Mar 12Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021.
Is New 90 Day High Low • Feb 20New 90-day low: NT$52.00The company is down 1.0% from its price of NT$52.50 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Jan 10New 90-day high: NT$55.10The company is up 1.0% from its price of NT$54.80 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.
分析記事 • Dec 30Sincere Security (GTSM:6721) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Nov 25Three Things You Should Check Before Buying Sincere Security Co. Ltd. (GTSM:6721) For Its DividendDividend paying stocks like Sincere Security Co. Ltd. (GTSM:6721) tend to be popular with investors, and for good...