View Future GrowthWE & WIN Development 過去の業績過去 基準チェック /16WE & WIN Developmentの収益は年間平均-9%の割合で減少していますが、 Real Estate業界の収益は年間 増加しています。収益は年間8.8% 2.4%割合で 減少しています。 WE & WIN Developmentの自己資本利益率は2.1%であり、純利益率は4.4%です。主要情報-9.04%収益成長率-9.04%EPS成長率Real Estate 業界の成長6.00%収益成長率-2.37%株主資本利益率2.09%ネット・マージン4.40%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.23 in 1Q 2025). Revenue: NT$1.21b (up 298% from 1Q 2025). Net income: NT$119.3m (up 76% from 1Q 2025). Profit margin: 9.8% (down from 22% 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 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 06Third quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.083 profit in 3Q 2024)Third quarter 2025 results: NT$0.05 loss per share (down from NT$0.083 profit in 3Q 2024). Revenue: NT$164.3m (down 40% from 3Q 2024). Net loss: NT$14.7m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.43 profit in 2Q 2024)Second quarter 2025 results: NT$0.07 loss per share (down from NT$0.43 profit in 2Q 2024). Revenue: NT$128.2m (down 86% from 2Q 2024). Net loss: NT$21.9m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.074 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (up from NT$0.074 in 1Q 2024). Revenue: NT$304.6m (down 8.3% from 1Q 2024). Net income: NT$67.8m (up 206% from 1Q 2024). Profit margin: 22% (up from 6.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • May 07WE & WIN Development Co., LTD to Report Q1, 2025 Results on May 14, 2025WE & WIN Development Co., LTD announced that they will report Q1, 2025 results on May 14, 2025Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.05 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$1.05 (up from NT$0.20 loss in FY 2023). Revenue: NT$2.21b (up 306% from FY 2023). Net income: NT$314.8m (up NT$375.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • 10hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$12.05, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 63% over the past three years.Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.23 in 1Q 2025). Revenue: NT$1.21b (up 298% from 1Q 2025). Net income: NT$119.3m (up 76% from 1Q 2025). Profit margin: 9.8% (down from 22% 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 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (NT$3.04b market cap, or US$95.4m).お知らせ • Mar 12WE & WIN Development Co., LTD, Annual General Meeting, Jun 23, 2026WE & WIN Development Co., LTD, Annual General Meeting, Jun 23, 2026, at 09:00 Taipei Standard Time. Location: 8 floor no,560, sec.4 chung hsiao e. rd., sinyi district, taipei city TaiwanNew Risk • Jan 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.14b market cap, or US$100.0m).Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$12.25, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 71% over the past three years.New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.08b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.08b market cap, or US$98.7m).Reported Earnings • Nov 06Third quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.083 profit in 3Q 2024)Third quarter 2025 results: NT$0.05 loss per share (down from NT$0.083 profit in 3Q 2024). Revenue: NT$164.3m (down 40% from 3Q 2024). Net loss: NT$14.7m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.43 profit in 2Q 2024)Second quarter 2025 results: NT$0.07 loss per share (down from NT$0.43 profit in 2Q 2024). Revenue: NT$128.2m (down 86% from 2Q 2024). Net loss: NT$21.9m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$13.35, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 59% over the past three years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.074 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (up from NT$0.074 in 1Q 2024). Revenue: NT$304.6m (down 8.3% from 1Q 2024). Net income: NT$67.8m (up 206% from 1Q 2024). Profit margin: 22% (up from 6.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.お知らせ • May 07WE & WIN Development Co., LTD to Report Q1, 2025 Results on May 14, 2025WE & WIN Development Co., LTD announced that they will report Q1, 2025 results on May 14, 2025Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$12.15, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 32% over the past three years.New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (NT$3.25b market cap, or US$98.2m).Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.15, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.New Risk • Mar 21New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change).Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.05 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$1.05 (up from NT$0.20 loss in FY 2023). Revenue: NT$2.21b (up 306% from FY 2023). Net income: NT$314.8m (up NT$375.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.お知らせ • Mar 14WE & WIN Development Co., LTD, Annual General Meeting, Jun 25, 2025WE & WIN Development Co., LTD, Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 8 floor no,560, sec.4 chung hsiao e. rd., sinyi district, taipei city Taiwanお知らせ • Mar 05WE & WIN Development Co., LTD to Report Q4, 2024 Results on Mar 12, 2025WE & WIN Development Co., LTD announced that they will report Q4, 2024 results on Mar 12, 2025分析記事 • Feb 13Revenues Not Telling The Story For WE & WIN Development Co., LTD (TWSE:2537)With a median price-to-sales (or "P/S") ratio of close to 2.7x in the Real Estate industry in Taiwan, you could be...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.08 (up from NT$0.016 loss in 3Q 2023). Revenue: NT$275.8m (up 72% from 3Q 2023). Net income: NT$24.9m (up NT$29.8m from 3Q 2023). Profit margin: 9.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.分析記事 • Aug 18WE & WIN Development Co., LTD (TWSE:2537) Screens Well But There Might Be A CatchIt's not a stretch to say that WE & WIN Development Co., LTD's ( TWSE:2537 ) price-to-sales (or "P/S") ratio of 4.7x...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.062 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.43 (up from NT$0.062 loss in 2Q 2023). Revenue: NT$904.3m (up NT$770.6m from 2Q 2023). Net income: NT$130.2m (up NT$148.9m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.お知らせ • Aug 02WE & WIN Development Co., LTD to Report Q2, 2024 Results on Aug 09, 2024WE & WIN Development Co., LTD announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.07 (vs NT$0.11 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.07 (up from NT$0.11 loss in 1Q 2023). Revenue: NT$332.3m (up 432% from 1Q 2023). Net income: NT$22.2m (up NT$56.4m from 1Q 2023). Profit margin: 6.7% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.分析記事 • May 13WE & WIN Development (TWSE:2537) Has No Shortage Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...New Risk • Apr 08New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.20 loss per share (vs NT$0.26 profit in FY 2022)Full year 2023 results: NT$0.20 loss per share (down from NT$0.26 profit in FY 2022). Revenue: NT$545.9m (down 68% from FY 2022). Net loss: NT$60.1m (down 177% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Mar 15WE & WIN Development Co., LTD, Annual General Meeting, Jun 26, 2024WE & WIN Development Co., LTD, Annual General Meeting, Jun 26, 2024.Buy Or Sell Opportunity • Mar 14Now 22% undervaluedOver the last 90 days, the stock has risen 5.8% to NT$9.67. The fair value is estimated to be NT$12.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Dec 28Now 21% undervaluedOver the last 90 days, the stock is up 8.3%. The fair value is estimated to be NT$11.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • Dec 13Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$11.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 14Third quarter 2023 earnings released: NT$0.02 loss per share (vs NT$0.07 profit in 3Q 2022)Third quarter 2023 results: NT$0.02 loss per share (down from NT$0.07 profit in 3Q 2022). Revenue: NT$160.6m (down 38% from 3Q 2022). Net loss: NT$4.81m (down 123% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 14Second quarter 2023 earnings released: NT$0.06 loss per share (vs NT$0.023 profit in 2Q 2022)Second quarter 2023 results: NT$0.06 loss per share (down from NT$0.023 profit in 2Q 2022). Revenue: NT$133.7m (down 63% from 2Q 2022). Net loss: NT$18.7m (down 366% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.Buying Opportunity • Jun 12Now 21% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be NT$8.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.Buying Opportunity • May 26Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$8.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$0.26 (vs NT$1.38 in FY 2021)Full year 2022 results: EPS: NT$0.26 (down from NT$1.38 in FY 2021). Revenue: NT$1.68b (down 28% from FY 2021). Net income: NT$77.9m (down 81% from FY 2021). Profit margin: 4.6% (down from 18% 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 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.07 (down from NT$1.29 in 3Q 2021). Revenue: NT$259.9m (down 85% from 3Q 2021). Net income: NT$20.9m (down 95% from 3Q 2021). Profit margin: 8.1% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Li Wen Ying was the last independent director to join the board, commencing their role in 2020. 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.07 (down from NT$1.29 in 3Q 2021). Revenue: NT$259.9m (down 85% from 3Q 2021). Net income: NT$20.9m (down 95% from 3Q 2021). Profit margin: 8.1% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.028 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.02 (down from NT$0.028 in 2Q 2021). Revenue: NT$360.6m (up 81% from 2Q 2021). Net income: NT$7.03m (down 17% from 2Q 2021). Profit margin: 1.9% (down from 4.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 26Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 10%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.2%).お知らせ • Jun 29WE & WIN Development Co., LTD Announces Cash Dividend, Payable on August 26, 2022WE & WIN Development Co., LTD announced cash dividend of TWD 270,502,016 (TWD 0.9 per share). Ex-rights (ex-dividend) trading date is August 2, 2022. Ex-rights (ex-dividend) record date is August 8, 2022. The expected payment date for cash dividend is August 26, 2022.Buying Opportunity • Jun 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be NT$11.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Li Wen Ying was the last independent director to join the board, commencing their role in 2020. 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 • Apr 03Full year 2021 earnings released: EPS: NT$1.38 (vs NT$0.59 in FY 2020)Full year 2021 results: EPS: NT$1.38 (up from NT$0.59 in FY 2020). Revenue: NT$2.33b (up 58% from FY 2020). Net income: NT$414.7m (up 135% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.29 (vs NT$0.061 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.72b (up NT$1.66b from 3Q 2020). Net income: NT$388.8m (up NT$407.2m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.03 (vs NT$0.67 in 2Q 2020)Second quarter 2021 results: Net income: NT$8.45m (down 96% from 2Q 2020). 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 9% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 29Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).Reported Earnings • May 16First quarter 2021 earnings released: NT$0.13 loss per share (vs NT$0.12 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$3.30m (down 99% from 1Q 2020). Net loss: NT$37.8m (down 205% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.59 (vs NT$0.88 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.48b (up 87% from FY 2019). Net income: NT$176.4m (up NT$440.7m from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability 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 8% per year.Is New 90 Day High Low • Mar 16New 90-day high: NT$9.91The company is up 3.0% from a price of NT$9.65 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Lagged the Real Estate industry, which is up 7.0% over the same period.分析記事 • Feb 17The WE & WIN Development (TPE:2537) Share Price Has Gained 23% And Shareholders Are Hoping For MoreThe main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...Is New 90 Day High Low • Jan 18New 90-day low: NT$9.21The company is down 12% from its price of NT$10.45 on 20 October 2020. The Taiwanese market is up 20% 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 • Dec 26We Wouldn't Rely On WE & WIN Development's (TPE:2537) Statutory Earnings As A GuideAs a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...Is New 90 Day High Low • Dec 09New 90-day low: NT$9.47The company is down 9.0% from its price of NT$10.35 on 10 September 2020. The Taiwanese market is up 13% 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.Is New 90 Day High Low • Nov 17New 90-day low: NT$9.80The company is down 2.0% from its price of NT$10.05 on 19 August 2020. The Taiwanese market is up 5.0% 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.Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.06 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$61.5m (down 71% from 3Q 2019). Net loss: NT$18.9m (loss narrowed 78% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.収支内訳WE & WIN Development の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:2537 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 262,16495211031 Dec 251,25644152030 Sep 251,298169148030 Jun 251,410208146031 Mar 252,186360190031 Dec 242,214315213030 Sep 241,702175184030 Jun 241,586145174031 Mar 24816-4127031 Dec 23546-60107030 Sep 23422-9297030 Jun 23521-66106031 Mar 23748-40119031 Dec 221,68278170030 Sep 222,025167184030 Jun 223,488535253031 Mar 223,327537246031 Dec 212,334415196030 Sep 211,926316180030 Jun 21265-9192031 Mar 211,162103121031 Dec 201,476176133030 Sep 201,51552181030 Jun 201,664-14190031 Mar 20870-213157031 Dec 19789-264158030 Sep 191,035-108114030 Jun 191,165-38122031 Mar 19981-69115031 Dec 181,90028104030 Sep 181,656-29108030 Jun 181,4457105031 Mar 181,50848108031 Dec 17352-52105030 Sep 17391-34102030 Jun 17403-1693031 Mar 175608095031 Dec 161,365361123030 Sep 163,1711,046191030 Jun 163,029995180031 Mar 162,829907170031 Dec 152,166673142030 Sep 154727670030 Jun 15814190800質の高い収益: 2537は 高品質の収益 を持っています。利益率の向上: 2537の現在の純利益率 (4.4%)は、昨年(16.5%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 2537の収益は過去 5 年間で年間9%減少しました。成長の加速: 2537は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 2537は過去 1 年間で収益成長率がマイナス ( -73.6% ) となったため、 Real Estate業界平均 ( -15.9% ) と比較することが困難です。株主資本利益率高いROE: 2537の 自己資本利益率 ( 2.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/15 16:29終値2026/06/15 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WE & WIN 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。0
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.23 in 1Q 2025). Revenue: NT$1.21b (up 298% from 1Q 2025). Net income: NT$119.3m (up 76% from 1Q 2025). Profit margin: 9.8% (down from 22% 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 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 06Third quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.083 profit in 3Q 2024)Third quarter 2025 results: NT$0.05 loss per share (down from NT$0.083 profit in 3Q 2024). Revenue: NT$164.3m (down 40% from 3Q 2024). Net loss: NT$14.7m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.43 profit in 2Q 2024)Second quarter 2025 results: NT$0.07 loss per share (down from NT$0.43 profit in 2Q 2024). Revenue: NT$128.2m (down 86% from 2Q 2024). Net loss: NT$21.9m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.074 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (up from NT$0.074 in 1Q 2024). Revenue: NT$304.6m (down 8.3% from 1Q 2024). Net income: NT$67.8m (up 206% from 1Q 2024). Profit margin: 22% (up from 6.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • May 07WE & WIN Development Co., LTD to Report Q1, 2025 Results on May 14, 2025WE & WIN Development Co., LTD announced that they will report Q1, 2025 results on May 14, 2025
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.05 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$1.05 (up from NT$0.20 loss in FY 2023). Revenue: NT$2.21b (up 306% from FY 2023). Net income: NT$314.8m (up NT$375.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • 10hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$12.05, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 63% over the past three years.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.40 (vs NT$0.23 in 1Q 2025)First quarter 2026 results: EPS: NT$0.40 (up from NT$0.23 in 1Q 2025). Revenue: NT$1.21b (up 298% from 1Q 2025). Net income: NT$119.3m (up 76% from 1Q 2025). Profit margin: 9.8% (down from 22% 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 66% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 12New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.5% net profit margin). Market cap is less than US$100m (NT$3.04b market cap, or US$95.4m).
お知らせ • Mar 12WE & WIN Development Co., LTD, Annual General Meeting, Jun 23, 2026WE & WIN Development Co., LTD, Annual General Meeting, Jun 23, 2026, at 09:00 Taipei Standard Time. Location: 8 floor no,560, sec.4 chung hsiao e. rd., sinyi district, taipei city Taiwan
New Risk • Jan 30New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$100.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.14b market cap, or US$100.0m).
Valuation Update With 7 Day Price Move • Dec 23Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$12.25, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 71% over the past three years.
New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.08b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 1.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$3.08b market cap, or US$98.7m).
Reported Earnings • Nov 06Third quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.083 profit in 3Q 2024)Third quarter 2025 results: NT$0.05 loss per share (down from NT$0.083 profit in 3Q 2024). Revenue: NT$164.3m (down 40% from 3Q 2024). Net loss: NT$14.7m (down 159% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.43 profit in 2Q 2024)Second quarter 2025 results: NT$0.07 loss per share (down from NT$0.43 profit in 2Q 2024). Revenue: NT$128.2m (down 86% from 2Q 2024). Net loss: NT$21.9m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
Valuation Update With 7 Day Price Move • May 26Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$13.35, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.23 (vs NT$0.074 in 1Q 2024)First quarter 2025 results: EPS: NT$0.23 (up from NT$0.074 in 1Q 2024). Revenue: NT$304.6m (down 8.3% from 1Q 2024). Net income: NT$67.8m (up 206% from 1Q 2024). Profit margin: 22% (up from 6.7% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
お知らせ • May 07WE & WIN Development Co., LTD to Report Q1, 2025 Results on May 14, 2025WE & WIN Development Co., LTD announced that they will report Q1, 2025 results on May 14, 2025
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$12.15, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 32% over the past three years.
New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.25b (US$98.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (NT$3.25b market cap, or US$98.2m).
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$15.15, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.
New Risk • Mar 21New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Share price has been volatile over the past 3 months (6.0% average weekly change).
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$1.05 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$1.05 (up from NT$0.20 loss in FY 2023). Revenue: NT$2.21b (up 306% from FY 2023). Net income: NT$314.8m (up NT$375.0m from FY 2023). Profit margin: 14% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
お知らせ • Mar 14WE & WIN Development Co., LTD, Annual General Meeting, Jun 25, 2025WE & WIN Development Co., LTD, Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 8 floor no,560, sec.4 chung hsiao e. rd., sinyi district, taipei city Taiwan
お知らせ • Mar 05WE & WIN Development Co., LTD to Report Q4, 2024 Results on Mar 12, 2025WE & WIN Development Co., LTD announced that they will report Q4, 2024 results on Mar 12, 2025
分析記事 • Feb 13Revenues Not Telling The Story For WE & WIN Development Co., LTD (TWSE:2537)With a median price-to-sales (or "P/S") ratio of close to 2.7x in the Real Estate industry in Taiwan, you could be...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.016 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.08 (up from NT$0.016 loss in 3Q 2023). Revenue: NT$275.8m (up 72% from 3Q 2023). Net income: NT$24.9m (up NT$29.8m from 3Q 2023). Profit margin: 9.0% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
分析記事 • Aug 18WE & WIN Development Co., LTD (TWSE:2537) Screens Well But There Might Be A CatchIt's not a stretch to say that WE & WIN Development Co., LTD's ( TWSE:2537 ) price-to-sales (or "P/S") ratio of 4.7x...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.062 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.43 (up from NT$0.062 loss in 2Q 2023). Revenue: NT$904.3m (up NT$770.6m from 2Q 2023). Net income: NT$130.2m (up NT$148.9m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 39% per year, which means it is well ahead of earnings.
お知らせ • Aug 02WE & WIN Development Co., LTD to Report Q2, 2024 Results on Aug 09, 2024WE & WIN Development Co., LTD announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.07 (vs NT$0.11 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.07 (up from NT$0.11 loss in 1Q 2023). Revenue: NT$332.3m (up 432% from 1Q 2023). Net income: NT$22.2m (up NT$56.4m from 1Q 2023). Profit margin: 6.7% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
分析記事 • May 13WE & WIN Development (TWSE:2537) Has No Shortage Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
New Risk • Apr 08New 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 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.3x net interest cover). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).
Reported Earnings • Mar 21Full year 2023 earnings released: NT$0.20 loss per share (vs NT$0.26 profit in FY 2022)Full year 2023 results: NT$0.20 loss per share (down from NT$0.26 profit in FY 2022). Revenue: NT$545.9m (down 68% from FY 2022). Net loss: NT$60.1m (down 177% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Mar 15WE & WIN Development Co., LTD, Annual General Meeting, Jun 26, 2024WE & WIN Development Co., LTD, Annual General Meeting, Jun 26, 2024.
Buy Or Sell Opportunity • Mar 14Now 22% undervaluedOver the last 90 days, the stock has risen 5.8% to NT$9.67. The fair value is estimated to be NT$12.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Dec 28Now 21% undervaluedOver the last 90 days, the stock is up 8.3%. The fair value is estimated to be NT$11.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • Dec 13Now 21% undervaluedOver the last 90 days, the stock is up 17%. The fair value is estimated to be NT$11.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 14Third quarter 2023 earnings released: NT$0.02 loss per share (vs NT$0.07 profit in 3Q 2022)Third quarter 2023 results: NT$0.02 loss per share (down from NT$0.07 profit in 3Q 2022). Revenue: NT$160.6m (down 38% from 3Q 2022). Net loss: NT$4.81m (down 123% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 14Second quarter 2023 earnings released: NT$0.06 loss per share (vs NT$0.023 profit in 2Q 2022)Second quarter 2023 results: NT$0.06 loss per share (down from NT$0.023 profit in 2Q 2022). Revenue: NT$133.7m (down 63% from 2Q 2022). Net loss: NT$18.7m (down 366% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
Buying Opportunity • Jun 12Now 21% undervaluedOver the last 90 days, the stock is up 3.2%. The fair value is estimated to be NT$8.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.
Buying Opportunity • May 26Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$8.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$0.26 (vs NT$1.38 in FY 2021)Full year 2022 results: EPS: NT$0.26 (down from NT$1.38 in FY 2021). Revenue: NT$1.68b (down 28% from FY 2021). Net income: NT$77.9m (down 81% from FY 2021). Profit margin: 4.6% (down from 18% 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 80% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.07 (down from NT$1.29 in 3Q 2021). Revenue: NT$259.9m (down 85% from 3Q 2021). Net income: NT$20.9m (down 95% from 3Q 2021). Profit margin: 8.1% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Li Wen Ying was the last independent director to join the board, commencing their role in 2020. 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.07 (down from NT$1.29 in 3Q 2021). Revenue: NT$259.9m (down 85% from 3Q 2021). Net income: NT$20.9m (down 95% from 3Q 2021). Profit margin: 8.1% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.028 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.02 (down from NT$0.028 in 2Q 2021). Revenue: NT$360.6m (up 81% from 2Q 2021). Net income: NT$7.03m (down 17% from 2Q 2021). Profit margin: 1.9% (down from 4.2% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 26Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 02 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 10%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.2%).
お知らせ • Jun 29WE & WIN Development Co., LTD Announces Cash Dividend, Payable on August 26, 2022WE & WIN Development Co., LTD announced cash dividend of TWD 270,502,016 (TWD 0.9 per share). Ex-rights (ex-dividend) trading date is August 2, 2022. Ex-rights (ex-dividend) record date is August 8, 2022. The expected payment date for cash dividend is August 26, 2022.
Buying Opportunity • Jun 10Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 7.2%. The fair value is estimated to be NT$11.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 34% over the last 3 years. Meanwhile, the company has become profitable.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Li Wen Ying was the last independent director to join the board, commencing their role in 2020. 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 • Apr 03Full year 2021 earnings released: EPS: NT$1.38 (vs NT$0.59 in FY 2020)Full year 2021 results: EPS: NT$1.38 (up from NT$0.59 in FY 2020). Revenue: NT$2.33b (up 58% from FY 2020). Net income: NT$414.7m (up 135% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.29 (vs NT$0.061 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.72b (up NT$1.66b from 3Q 2020). Net income: NT$388.8m (up NT$407.2m from 3Q 2020). Profit margin: 23% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.03 (vs NT$0.67 in 2Q 2020)Second quarter 2021 results: Net income: NT$8.45m (down 96% from 2Q 2020). 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 9% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 29Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 05 August 2021. Payment date: 27 August 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).
Reported Earnings • May 16First quarter 2021 earnings released: NT$0.13 loss per share (vs NT$0.12 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$3.30m (down 99% from 1Q 2020). Net loss: NT$37.8m (down 205% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$0.59 (vs NT$0.88 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.48b (up 87% from FY 2019). Net income: NT$176.4m (up NT$440.7m from FY 2019). Profit margin: 12% (up from net loss in FY 2019). The move to profitability 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 8% per year.
Is New 90 Day High Low • Mar 16New 90-day high: NT$9.91The company is up 3.0% from a price of NT$9.65 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Lagged the Real Estate industry, which is up 7.0% over the same period.
分析記事 • Feb 17The WE & WIN Development (TPE:2537) Share Price Has Gained 23% And Shareholders Are Hoping For MoreThe main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
Is New 90 Day High Low • Jan 18New 90-day low: NT$9.21The company is down 12% from its price of NT$10.45 on 20 October 2020. The Taiwanese market is up 20% 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 • Dec 26We Wouldn't Rely On WE & WIN Development's (TPE:2537) Statutory Earnings As A GuideAs a general rule, we think profitable companies are less risky than companies that lose money. That said, the current...
Is New 90 Day High Low • Dec 09New 90-day low: NT$9.47The company is down 9.0% from its price of NT$10.35 on 10 September 2020. The Taiwanese market is up 13% 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.
Is New 90 Day High Low • Nov 17New 90-day low: NT$9.80The company is down 2.0% from its price of NT$10.05 on 19 August 2020. The Taiwanese market is up 5.0% 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.
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.06 loss per shareThe company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2020 results: Revenue: NT$61.5m (down 71% from 3Q 2019). Net loss: NT$18.9m (loss narrowed 78% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.