Kindom Development（2520）株式概要カインドム開発株式会社は、その子会社とともに台湾で不動産の建設、開発、販売を行っている。 詳細2520 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より25%で取引されている リスク分析過去5年間で収益は年間4.5%減少しました。 9.26%の配当はフリーキャッシュフローで十分にカバーされていない 利益率(6.2%)は昨年より低い(18.3%) すべてのリスクチェックを見る2520 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$30.4570.8% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture029b2016201920222025202620282031Revenue NT$19.9bEarnings NT$1.2bAdvancedSet Fair ValueView all narrativesKindom Development Co., Ltd. 競合他社Da-Li DevelopmentLtdSymbol: TWSE:6177Market cap: NT$20.9bPrince Housing & DevelopmentSymbol: TWSE:2511Market cap: NT$12.6bCathay Real Estate DevelopmentSymbol: TWSE:2501Market cap: NT$25.6bHuaku DevelopmentSymbol: TWSE:2548Market cap: NT$39.5b価格と性能株価の高値、安値、推移の概要Kindom Development過去の株価現在の株価NT$30.4552週高値NT$51.4552週安値NT$28.50ベータ0.0311ヶ月の変化-2.09%3ヶ月変化n/a1年変化-40.08%3年間の変化12.97%5年間の変化-2.53%IPOからの変化-17.17%最新ニュースReported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% 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 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.最新情報をもっと見るRecent updatesReported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% 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 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.お知らせ • Mar 02Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026. Location: 15 floor no,169, sec.3 min ch`uan e. rd., taipei city TaiwanBuy Or Sell Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$31.85. The fair value is estimated to be NT$39.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.57 (vs NT$2.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.57 (down from NT$2.28 in 3Q 2024). Revenue: NT$6.13b (down 13% from 3Q 2024). Net income: NT$339.3m (down 75% from 3Q 2024). Profit margin: 5.5% (down from 19% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$4.00 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$4.00 in 2Q 2024). Revenue: NT$5.34b (down 48% from 2Q 2024). Net income: NT$247.7m (down 90% from 2Q 2024). Profit margin: 4.6% (down from 23% in 2Q 2024). 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 14% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • May 01Kindom Development Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Kindom Development Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$43.20, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.分析記事 • Mar 31If EPS Growth Is Important To You, Kindom Development (TWSE:2520) Presents An OpportunityThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...お知らせ • Mar 12Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,131, sec.3 huo p`ing e. rd., taipei city TaiwanReported Earnings • Mar 11Full year 2024 earnings released: EPS: NT$10.25 (vs NT$4.42 in FY 2023)Full year 2024 results: EPS: NT$10.25 (up from NT$4.42 in FY 2023). Revenue: NT$28.7b (up 48% from FY 2023). Net income: NT$5.55b (up 132% from FY 2023). Profit margin: 19% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 01Kindom Development Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Kindom Development Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Dec 12Kindom Development (TWSE:2520) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Nov 24Kindom Development Co., Ltd.'s (TWSE:2520) Price Is Right But Growth Is Lacking After Shares Rocket 27%Kindom Development Co., Ltd. ( TWSE:2520 ) shareholders would be excited to see that the share price has had a great...分析記事 • Nov 15We Think Kindom Development's (TWSE:2520) Profit Is Only A Baseline For What They Can AchieveWhen companies post strong earnings, the stock generally performs well, just like Kindom Development Co., Ltd.'s...Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$2.51 (vs NT$1.43 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.51 (up from NT$1.43 in 3Q 2023). Revenue: NT$7.00b (up 41% from 3Q 2023). Net income: NT$1.36b (up 76% from 3Q 2023). Profit margin: 19% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Sep 09We Think Kindom Development (TWSE:2520) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$4.40 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.40 (up from NT$0.36 in 2Q 2023). Revenue: NT$10.3b (up 133% from 2Q 2023). Net income: NT$2.38b (up NT$2.19b from 2Q 2023). Profit margin: 23% (up from 4.4% 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 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 58% over the past three years.お知らせ • Aug 02Kindom Development Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Kindom Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.80, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 112% over the past three years.分析記事 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 26New 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 6.4% 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 Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$1.39 (vs NT$0.89 in 1Q 2023)First quarter 2024 results: EPS: NT$1.39 (up from NT$0.89 in 1Q 2023). Revenue: NT$4.81b (up 7.1% from 1Q 2023). Net income: NT$752.9m (up 57% from 1Q 2023). Profit margin: 16% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • May 05Kindom Development Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Kindom Development Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$50.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.分析記事 • Apr 18Kindom Development Co., Ltd.'s (TWSE:2520) Shares Bounce 27% But Its Business Still Trails The MarketThe Kindom Development Co., Ltd. ( TWSE:2520 ) share price has done very well over the last month, posting an excellent...分析記事 • Apr 11We Think Kindom Development (TWSE:2520) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • Mar 14Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024. Location: The first floor of the company, No. 131, Section 3, Hoping East Road, Taipei City Taiwan Agenda: To discuss Business report for 2023; to discuss Audit committee's review report on the 2023 financial statements; to discuss 2023 employees' and directors' remuneration distribution report; to discuss Report on the 2023 profit and distribution of cash from capital surplus; to discuss Report on the endorsement and guarantee of the Company and its subsidiaries for the year ended December 31, 2023; and to discuss other matters.Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$4.42 (vs NT$4.31 in FY 2022)Full year 2023 results: EPS: NT$4.42 (up from NT$4.31 in FY 2022). Revenue: NT$19.4b (down 9.6% from FY 2022). Net income: NT$2.40b (up 2.6% from FY 2022). Profit margin: 12% (up from 11% 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 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.43 (vs NT$0.60 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.43 (up from NT$0.60 in 3Q 2022). Revenue: NT$4.97b (up 12% from 3Q 2022). Net income: NT$773.3m (up 138% from 3Q 2022). Profit margin: 16% (up from 7.3% in 3Q 2022). 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 increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.36 (vs NT$0.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.36 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.44b (down 5.4% from 2Q 2022). Net income: NT$195.2m (down 56% from 2Q 2022). Profit margin: 4.4% (down from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Aug 12+ 1 more updateKindom Development Co., Ltd. Announces the Appointment of Hsiao-Chiang Yuan as Information Security Chief OfficerKindom Development Co., Ltd. announced the appointment of Hsiao-Chiang Yuan as Information Security Chief Officer. Name, title, and resume of the new position holder: Hsiao-Chiang Yuan, Assistant Vice President of IT Division of Kindom Development Co., Ltd. Effective date: August 11, 2023.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.75 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 23 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.6%).お知らせ • Jul 13Kindom Development Co., Ltd. Announces Cash Dividend, Payable on August 23, 2023Kindom Development Co., Ltd. announced cash dividend of TWD 969,797,675. Ex-rights (ex-dividend) trading date is July 27, 2023; Ex-rights (ex-dividend) record date is August 02, 2023; Payment date of cash dividend distribution is August 23, 2023.Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.53 in 1Q 2022)First quarter 2023 results: EPS: NT$0.89 (down from NT$1.53 in 1Q 2022). Revenue: NT$4.49b (down 9.8% from 1Q 2022). Net income: NT$480.6m (down 42% from 1Q 2022). Profit margin: 11% (down from 17% 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 5% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$4.31 (vs NT$6.47 in FY 2021)Full year 2022 results: EPS: NT$4.31 (down from NT$6.47 in FY 2021). Revenue: NT$21.5b (down 15% from FY 2021). Net income: NT$2.33b (down 34% from FY 2021). Profit margin: 11% (down from 14% 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 18% per year whereas the company’s share price has increased by 21% per year.Board Change • Nov 16Less 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. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. 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 07Second quarter 2022 earnings released: EPS: NT$0.82 (vs NT$2.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.82 (down from NT$2.51 in 2Q 2021). Revenue: NT$4.69b (down 50% from 2Q 2021). Net income: NT$446.0m (down 67% from 2Q 2021). Profit margin: 9.5% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 06Kindom Development Co., Ltd. Announces Management ChangesKindom Development Co., Ltd. announced Po-Chen,Fan Chiang/senior manager of audit office as Chief internal auditor in place of Lung-Chun, Hou/manager of audit office, effective date as August 5, 2022.Upcoming Dividend • Jul 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.3%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.99 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.99 in 1Q 2021). Revenue: NT$4.98b (up 1.2% from 1Q 2021). Net income: NT$830.4m (up 55% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to NT$46.00Up from NT$41.82, the current price target is provided by 1 analyst. New target price is 33% above last closing price of NT$34.60. Stock is down 13% over the past year. The company posted earnings per share of NT$6.47 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 13Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$6.47 (vs NT$6.18 in FY 2020)Full year 2021 results: EPS: NT$6.47 (up from NT$6.18 in FY 2020). Revenue: NT$25.2b (down 7.9% from FY 2020). Net income: NT$3.51b (up 4.6% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.75 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$4.55b (down 3.4% from 3Q 2020). Net income: NT$555.7m (up 36% from 3Q 2020). Profit margin: 12% (up from 8.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.51 (vs NT$0.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$9.44b (up 83% from 2Q 2020). Net income: NT$1.36b (up 182% from 2Q 2020). Profit margin: 14% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.7%).Price Target Changed • Jul 17Price target increased to NT$42.00Up from NT$35.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$41.35. Stock is up 24% over the past year.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 10x in the Real Estate industry in Taiwan. Total returns to shareholders of 78% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.09 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.92b (up 26% from 1Q 2020). Net income: NT$535.8m (up 77% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.80 (vs NT$2.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$27.3b (up 78% from FY 2019). Net income: NT$3.35b (up 161% from FY 2019). Profit margin: 12% (up from 8.4% 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 83% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 28Calculating The Fair Value Of Kindom Development Co., Ltd. (TPE:2520)Does the March share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we will...分析記事 • Mar 15Here's How We Evaluate Kindom Development Co., Ltd.'s (TPE:2520) DividendDividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Mar 03New 90-day high: NT$37.45The company is up 3.0% from its price of NT$36.40 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.分析記事 • Mar 02Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...分析記事 • Feb 17Kindom Development Co., Ltd. (TPE:2520) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...分析記事 • Feb 04Kindom Development (TPE:2520) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • Jan 22Here's What Kindom Development Co., Ltd.'s (TPE:2520) Shareholder Ownership Structure Looks LikeIf you want to know who really controls Kindom Development Co., Ltd. ( TPE:2520 ), then you'll have to look at the...Is New 90 Day High Low • Jan 20New 90-day low: NT$32.20The company is down 18% from its price of NT$39.10 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.分析記事 • Jan 07Shareholders Of Kindom Development (TPE:2520) Must Be Happy With Their 204% Total ReturnIt hasn't been the best quarter for Kindom Development Co., Ltd. ( TPE:2520 ) shareholders, since the share price has...分析記事 • Dec 25Estimating The Intrinsic Value Of Kindom Development Co., Ltd. (TPE:2520)Does the December share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we...分析記事 • Dec 11Is Kindom Development Co., Ltd. (TPE:2520) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Dec 08New 90-day low: NT$32.85The company is down 21% from its price of NT$41.50 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$36.34 per share.分析記事 • Nov 28Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 4.1%.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.83The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$4.71b (up 59% from 3Q 2019). Net income: NT$409.1m (up 56% from 3Q 2019). Profit margin: 8.7% (down from 8.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.株主還元2520TW Real EstateTW 市場7D-1.5%-0.7%2.6%1Y-40.1%-20.9%94.7%株主還元を見る業界別リターン: 2520過去 1 年間で-20.9 % の収益を上げたTW Real Estate業界を下回りました。リターン対市場: 2520は、過去 1 年間で94.7 % のリターンを上げたTW市場を下回りました。価格変動Is 2520's price volatile compared to industry and market?2520 volatility2520 Average Weekly Movement3.8%Real Estate Industry Average Movement3.3%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 2520 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 2520の 週次ボラティリティ ( 4% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1979n/aChangrong Xiewww.kindom.com.twカインドム開発株式会社は、子会社とともに台湾で不動産の建設、開発、販売を行っている。3つのセグメントで事業を展開：建築事業、建設事業、百貨店事業の3つである。建築事業は、建設会社から公共住宅や商業施設などの建築を受託し、賃貸・販売する事業である。建設事業は、建築工事全般とメンテナンス工事の管理を行う。百貨店事業」は、百貨店、スーパーマーケットの運営、国際貿易の輸出入を行っている。また、電気・防災設備の施工・エンジニアリング、ショッピングモールの投資・運営、それをサポートするエンジニアリング・コンサルティング、ショッピングモールの賃貸企画・コンサルティング、総合投資事業、医療機器の卸・小売、無店舗小売事業などを行っている。カインドム開発株式会社は1979年に設立され、台湾の台北市に本社を置いている。もっと見るKindom Development Co., Ltd. 基礎のまとめKindom Development の収益と売上を時価総額と比較するとどうか。2520 基礎統計学時価総額NT$18.17b収益（TTM）NT$1.43b売上高(TTM)NT$23.01b12.7xPER（株価収益率0.8xP/Sレシオ2520 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計2520 損益計算書（TTM）収益NT$23.01b売上原価NT$17.91b売上総利益NT$5.10bその他の費用NT$3.67b収益NT$1.43b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）2.39グロス・マージン22.16%純利益率6.20%有利子負債／自己資本比率73.7%2520 の長期的なパフォーマンスは？過去の実績と比較を見る配当金9.3%現在の配当利回り81%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 09:45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Kindom Development 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。8 アナリスト機関Changming YehBarclaysXuanyi YangCapital Securities CorporationAbel LeeHSBC5 その他のアナリストを表示
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% 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 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% 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 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.
お知らせ • Mar 02Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026. Location: 15 floor no,169, sec.3 min ch`uan e. rd., taipei city Taiwan
Buy Or Sell Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$31.85. The fair value is estimated to be NT$39.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.57 (vs NT$2.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.57 (down from NT$2.28 in 3Q 2024). Revenue: NT$6.13b (down 13% from 3Q 2024). Net income: NT$339.3m (down 75% from 3Q 2024). Profit margin: 5.5% (down from 19% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$4.00 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$4.00 in 2Q 2024). Revenue: NT$5.34b (down 48% from 2Q 2024). Net income: NT$247.7m (down 90% from 2Q 2024). Profit margin: 4.6% (down from 23% in 2Q 2024). 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 14% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • May 01Kindom Development Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Kindom Development Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$43.20, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.
分析記事 • Mar 31If EPS Growth Is Important To You, Kindom Development (TWSE:2520) Presents An OpportunityThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
お知らせ • Mar 12Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,131, sec.3 huo p`ing e. rd., taipei city Taiwan
Reported Earnings • Mar 11Full year 2024 earnings released: EPS: NT$10.25 (vs NT$4.42 in FY 2023)Full year 2024 results: EPS: NT$10.25 (up from NT$4.42 in FY 2023). Revenue: NT$28.7b (up 48% from FY 2023). Net income: NT$5.55b (up 132% from FY 2023). Profit margin: 19% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 01Kindom Development Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Kindom Development Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Dec 12Kindom Development (TWSE:2520) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Nov 24Kindom Development Co., Ltd.'s (TWSE:2520) Price Is Right But Growth Is Lacking After Shares Rocket 27%Kindom Development Co., Ltd. ( TWSE:2520 ) shareholders would be excited to see that the share price has had a great...
分析記事 • Nov 15We Think Kindom Development's (TWSE:2520) Profit Is Only A Baseline For What They Can AchieveWhen companies post strong earnings, the stock generally performs well, just like Kindom Development Co., Ltd.'s...
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$2.51 (vs NT$1.43 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.51 (up from NT$1.43 in 3Q 2023). Revenue: NT$7.00b (up 41% from 3Q 2023). Net income: NT$1.36b (up 76% from 3Q 2023). Profit margin: 19% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Sep 09We Think Kindom Development (TWSE:2520) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$4.40 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.40 (up from NT$0.36 in 2Q 2023). Revenue: NT$10.3b (up 133% from 2Q 2023). Net income: NT$2.38b (up NT$2.19b from 2Q 2023). Profit margin: 23% (up from 4.4% 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 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 58% over the past three years.
お知らせ • Aug 02Kindom Development Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Kindom Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.80, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 112% over the past three years.
分析記事 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 26New 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 6.4% 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 Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$1.39 (vs NT$0.89 in 1Q 2023)First quarter 2024 results: EPS: NT$1.39 (up from NT$0.89 in 1Q 2023). Revenue: NT$4.81b (up 7.1% from 1Q 2023). Net income: NT$752.9m (up 57% from 1Q 2023). Profit margin: 16% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • May 05Kindom Development Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Kindom Development Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$50.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.
分析記事 • Apr 18Kindom Development Co., Ltd.'s (TWSE:2520) Shares Bounce 27% But Its Business Still Trails The MarketThe Kindom Development Co., Ltd. ( TWSE:2520 ) share price has done very well over the last month, posting an excellent...
分析記事 • Apr 11We Think Kindom Development (TWSE:2520) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • Mar 14Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024. Location: The first floor of the company, No. 131, Section 3, Hoping East Road, Taipei City Taiwan Agenda: To discuss Business report for 2023; to discuss Audit committee's review report on the 2023 financial statements; to discuss 2023 employees' and directors' remuneration distribution report; to discuss Report on the 2023 profit and distribution of cash from capital surplus; to discuss Report on the endorsement and guarantee of the Company and its subsidiaries for the year ended December 31, 2023; and to discuss other matters.
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$4.42 (vs NT$4.31 in FY 2022)Full year 2023 results: EPS: NT$4.42 (up from NT$4.31 in FY 2022). Revenue: NT$19.4b (down 9.6% from FY 2022). Net income: NT$2.40b (up 2.6% from FY 2022). Profit margin: 12% (up from 11% 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 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.43 (vs NT$0.60 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.43 (up from NT$0.60 in 3Q 2022). Revenue: NT$4.97b (up 12% from 3Q 2022). Net income: NT$773.3m (up 138% from 3Q 2022). Profit margin: 16% (up from 7.3% in 3Q 2022). 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 increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.36 (vs NT$0.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.36 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.44b (down 5.4% from 2Q 2022). Net income: NT$195.2m (down 56% from 2Q 2022). Profit margin: 4.4% (down from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Aug 12+ 1 more updateKindom Development Co., Ltd. Announces the Appointment of Hsiao-Chiang Yuan as Information Security Chief OfficerKindom Development Co., Ltd. announced the appointment of Hsiao-Chiang Yuan as Information Security Chief Officer. Name, title, and resume of the new position holder: Hsiao-Chiang Yuan, Assistant Vice President of IT Division of Kindom Development Co., Ltd. Effective date: August 11, 2023.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.75 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 23 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.6%).
お知らせ • Jul 13Kindom Development Co., Ltd. Announces Cash Dividend, Payable on August 23, 2023Kindom Development Co., Ltd. announced cash dividend of TWD 969,797,675. Ex-rights (ex-dividend) trading date is July 27, 2023; Ex-rights (ex-dividend) record date is August 02, 2023; Payment date of cash dividend distribution is August 23, 2023.
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.53 in 1Q 2022)First quarter 2023 results: EPS: NT$0.89 (down from NT$1.53 in 1Q 2022). Revenue: NT$4.49b (down 9.8% from 1Q 2022). Net income: NT$480.6m (down 42% from 1Q 2022). Profit margin: 11% (down from 17% 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 5% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$4.31 (vs NT$6.47 in FY 2021)Full year 2022 results: EPS: NT$4.31 (down from NT$6.47 in FY 2021). Revenue: NT$21.5b (down 15% from FY 2021). Net income: NT$2.33b (down 34% from FY 2021). Profit margin: 11% (down from 14% 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 18% per year whereas the company’s share price has increased by 21% per year.
Board Change • Nov 16Less 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. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. 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 07Second quarter 2022 earnings released: EPS: NT$0.82 (vs NT$2.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.82 (down from NT$2.51 in 2Q 2021). Revenue: NT$4.69b (down 50% from 2Q 2021). Net income: NT$446.0m (down 67% from 2Q 2021). Profit margin: 9.5% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 06Kindom Development Co., Ltd. Announces Management ChangesKindom Development Co., Ltd. announced Po-Chen,Fan Chiang/senior manager of audit office as Chief internal auditor in place of Lung-Chun, Hou/manager of audit office, effective date as August 5, 2022.
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.3%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.99 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.99 in 1Q 2021). Revenue: NT$4.98b (up 1.2% from 1Q 2021). Net income: NT$830.4m (up 55% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. 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 21% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to NT$46.00Up from NT$41.82, the current price target is provided by 1 analyst. New target price is 33% above last closing price of NT$34.60. Stock is down 13% over the past year. The company posted earnings per share of NT$6.47 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 13Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$6.47 (vs NT$6.18 in FY 2020)Full year 2021 results: EPS: NT$6.47 (up from NT$6.18 in FY 2020). Revenue: NT$25.2b (down 7.9% from FY 2020). Net income: NT$3.51b (up 4.6% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.75 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$4.55b (down 3.4% from 3Q 2020). Net income: NT$555.7m (up 36% from 3Q 2020). Profit margin: 12% (up from 8.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.51 (vs NT$0.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$9.44b (up 83% from 2Q 2020). Net income: NT$1.36b (up 182% from 2Q 2020). Profit margin: 14% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.7%).
Price Target Changed • Jul 17Price target increased to NT$42.00Up from NT$35.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$41.35. Stock is up 24% over the past year.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 10x in the Real Estate industry in Taiwan. Total returns to shareholders of 78% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.09 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.92b (up 26% from 1Q 2020). Net income: NT$535.8m (up 77% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.80 (vs NT$2.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$27.3b (up 78% from FY 2019). Net income: NT$3.35b (up 161% from FY 2019). Profit margin: 12% (up from 8.4% 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 83% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 28Calculating The Fair Value Of Kindom Development Co., Ltd. (TPE:2520)Does the March share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we will...
分析記事 • Mar 15Here's How We Evaluate Kindom Development Co., Ltd.'s (TPE:2520) DividendDividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Mar 03New 90-day high: NT$37.45The company is up 3.0% from its price of NT$36.40 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.
分析記事 • Mar 02Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
分析記事 • Feb 17Kindom Development Co., Ltd. (TPE:2520) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
分析記事 • Feb 04Kindom Development (TPE:2520) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • Jan 22Here's What Kindom Development Co., Ltd.'s (TPE:2520) Shareholder Ownership Structure Looks LikeIf you want to know who really controls Kindom Development Co., Ltd. ( TPE:2520 ), then you'll have to look at the...
Is New 90 Day High Low • Jan 20New 90-day low: NT$32.20The company is down 18% from its price of NT$39.10 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.
分析記事 • Jan 07Shareholders Of Kindom Development (TPE:2520) Must Be Happy With Their 204% Total ReturnIt hasn't been the best quarter for Kindom Development Co., Ltd. ( TPE:2520 ) shareholders, since the share price has...
分析記事 • Dec 25Estimating The Intrinsic Value Of Kindom Development Co., Ltd. (TPE:2520)Does the December share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we...
分析記事 • Dec 11Is Kindom Development Co., Ltd. (TPE:2520) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Dec 08New 90-day low: NT$32.85The company is down 21% from its price of NT$41.50 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$36.34 per share.
分析記事 • Nov 28Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 4.1%.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.83The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$4.71b (up 59% from 3Q 2019). Net income: NT$409.1m (up 56% from 3Q 2019). Profit margin: 8.7% (down from 8.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
