Sakura DevelopmentLtd（2539）株式概要さくら開発株式会社は、台湾の中張頭エリアを中心に住宅用不動産の販売と賃貸を行っている。 詳細2539 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3/6財務の健全性6/6配当金4/6報酬当社が推定した公正価値より62%で取引されている リスク分析不安定な配当実績 すべてのリスクチェックを見る2539 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$39.3554.0% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture034b2016201920222025202620282031Revenue NT$34.1bEarnings NT$10.5bAdvancedSet Fair ValueView all narrativesSakura Development Co.,Ltd 競合他社JSL Construction & DevelopmentSymbol: TWSE:2540Market cap: NT$48.1bCathay Real Estate DevelopmentSymbol: TWSE:2501Market cap: NT$28.1bFarglory Land DevelopmentSymbol: TWSE:5522Market cap: NT$59.4bHuaku DevelopmentSymbol: TWSE:2548Market cap: NT$32.4b価格と性能株価の高値、安値、推移の概要Sakura DevelopmentLtd過去の株価現在の株価NT$39.3552週高値NT$58.4252週安値NT$33.10ベータ-0.0581ヶ月の変化-1.01%3ヶ月変化-18.02%1年変化-23.72%3年間の変化49.22%5年間の変化160.42%IPOからの変化-88.96%最新ニュースReported Earnings • May 21First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.31 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.31 in 1Q 2025). Revenue: NT$2.48b (down 55% from 1Q 2025). Net income: NT$814.8m (down 48% from 1Q 2025). Profit margin: 33% (up from 28% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.New Risk • May 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$3.46 (vs NT$2.37 in FY 2024)Full year 2025 results: EPS: NT$3.46 (up from NT$2.37 in FY 2024). Revenue: NT$14.0b (up 55% from FY 2024). Net income: NT$4.12b (up 46% from FY 2024). Profit margin: 30% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 11Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.73 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$2.94b (up NT$2.93b from 3Q 2024). Net income: NT$866.0m (up NT$1.01b from 3Q 2024). Profit margin: 30% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.068 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.36 (up from NT$0.068 in 2Q 2024). Revenue: NT$1.47b (up 207% from 2Q 2024). Net income: NT$362.2m (up 437% from 2Q 2024). Profit margin: 25% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesReported Earnings • May 21First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.31 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.31 in 1Q 2025). Revenue: NT$2.48b (down 55% from 1Q 2025). Net income: NT$814.8m (down 48% from 1Q 2025). Profit margin: 33% (up from 28% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.New Risk • May 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$3.46 (vs NT$2.37 in FY 2024)Full year 2025 results: EPS: NT$3.46 (up from NT$2.37 in FY 2024). Revenue: NT$14.0b (up 55% from FY 2024). Net income: NT$4.12b (up 46% from FY 2024). Profit margin: 30% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 11Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.73 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$2.94b (up NT$2.93b from 3Q 2024). Net income: NT$866.0m (up NT$1.01b from 3Q 2024). Profit margin: 30% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.068 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.36 (up from NT$0.068 in 2Q 2024). Revenue: NT$1.47b (up 207% from 2Q 2024). Net income: NT$362.2m (up 437% from 2Q 2024). Profit margin: 25% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Aug 11Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 28th August 2025 Payment date: 2nd October 2025 Dividend yield will be 0.7%, which is lower than the industry average of 3.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 13%.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.57 (vs NT$0.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.57 (up from NT$0.40 in 1Q 2024). Revenue: NT$5.50b (up 325% from 1Q 2024). Net income: NT$1.56b (up 289% from 1Q 2024). Profit margin: 28% (down from 31% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Sakura Development Co.,Ltd to Report Q1, 2025 Results on May 12, 2025Sakura Development Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$63.20, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 201% over the past three years.お知らせ • Apr 01Sakura Development Co.,Ltd Announces the Resignation of Li, Tsung-Je as Accounting Officer, Effective from March 31, 2025Sakura Development Co.,Ltd announced the resignation of LI, TSUNG-JE, Deputy Manager, Accounting Section of Finance Department, as accounting officer of the company. Effective date:2025/03/31.分析記事 • Mar 20Why Investors Shouldn't Be Surprised By Sakura Development Co.,Ltd's (TWSE:2539) 27% Share Price SurgeSakura Development Co.,Ltd ( TWSE:2539 ) shares have continued their recent momentum with a 27% gain in the last month...Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.85 (vs NT$1.93 in FY 2023)Full year 2024 results: EPS: NT$2.85 (up from NT$1.93 in FY 2023). Revenue: NT$9.02b (up 28% from FY 2023). Net income: NT$2.83b (up 48% from FY 2023). Profit margin: 31% (up from 27% 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 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$64.80, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 15x in the Real Estate industry in Taiwan. Total returns to shareholders of 210% over the past three years.お知らせ • Mar 12Sakura Development Co.,Ltd, Annual General Meeting, Jun 20, 2025Sakura Development Co.,Ltd, Annual General Meeting, Jun 20, 2025. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwanお知らせ • Mar 04Sakura Development Co.,Ltd to Report Fiscal Year 2024 Results on Mar 11, 2025Sakura Development Co.,Ltd announced that they will report fiscal year 2024 results on Mar 11, 2025Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$57.80, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 188% over the past three years.分析記事 • Nov 18Sakura DevelopmentLtd's (TWSE:2539) Solid Earnings May Rest On Weak FoundationsSakura Development Co.,Ltd's ( TWSE:2539 ) healthy profit numbers didn't contain any surprises for investors. We...Reported Earnings • Nov 15Third quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.60 profit in 3Q 2023)Third quarter 2024 results: NT$0.14 loss per share (down from NT$0.60 profit in 3Q 2023). Revenue: NT$7.93m (down 100% from 3Q 2023). Net loss: NT$139.9m (down 124% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Sep 16The Price Is Right For Sakura Development Co.,Ltd (TWSE:2539) Even After Diving 25%Sakura Development Co.,Ltd ( TWSE:2539 ) shares have had a horrible month, losing 25% after a relatively good period...Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$54.90, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 185% over the past three years.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.069 (vs NT$0.027 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.069 (up from NT$0.027 loss in 2Q 2023). Revenue: NT$478.6m (up 17% from 2Q 2023). Net income: NT$67.4m (up NT$94.2m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 08Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (2.8%).お知らせ • Aug 02Sakura Development Co.,Ltd to Report Q2, 2024 Results on Aug 09, 2024Sakura Development Co.,Ltd announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jun 19Sakura Development Co.,Ltd's (TWSE:2539) Share Price Matching Investor OpinionWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider...分析記事 • May 29Here's Why Sakura DevelopmentLtd (TWSE:2539) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • May 07If EPS Growth Is Important To You, Sakura DevelopmentLtd (TWSE:2539) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...お知らせ • Apr 28Sakura Development Co.,Ltd to Report Q1, 2024 Results on May 06, 2024Sakura Development Co.,Ltd announced that they will report Q1, 2024 results on May 06, 2024Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$2.24 (vs NT$1.77 in FY 2022)Full year 2023 results: EPS: NT$2.24 (up from NT$1.77 in FY 2022). Revenue: NT$7.06b (up 13% from FY 2022). Net income: NT$1.91b (up 27% from FY 2022). Profit margin: 27% (up from 24% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12Sakura Development Co.,Ltd, Annual General Meeting, Jun 14, 2024Sakura Development Co.,Ltd, Annual General Meeting, Jun 14, 2024. Location: B1F., No. 57, Guanqian Rd., West Dist Hotel National Taichung City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employee' and directors' remuneration; to consider acknowledgment of the 2023 business report and financial statements; to consider acknowledgment of the 2023 earnings distributions; to consider discussion of amendment to articles of incorporation; to consider report on 2023 issue new shares through capital increase from earnings; and to consider other issues.分析記事 • Feb 26Optimistic Investors Push Sakura Development Co.,Ltd (TWSE:2539) Shares Up 28% But Growth Is LackingThe Sakura Development Co.,Ltd ( TWSE:2539 ) share price has done very well over the last month, posting an excellent...Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$57.40, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 18x in the Real Estate industry in Taiwan. Total returns to shareholders of 187% over the past three years.Upcoming Dividend • Aug 17Upcoming dividend of NT$0.20 per share at 0.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.4%).New Risk • Aug 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 10Second quarter 2023 earnings released: NT$0.04 loss per share (vs NT$1.15 profit in 2Q 2022)Second quarter 2023 results: NT$0.04 loss per share (down from NT$1.15 profit in 2Q 2022). Revenue: NT$409.7m (down 87% from 2Q 2022). Net loss: NT$26.8m (down 103% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Jun 23+ 1 more updateSakura Development Co.,Ltd Announces Change to the Principal Financial OfficerSakura Development Co.,Ltd announced Change to the principal financial officer and principal accounting officer of the company. Name, title, and resume of the previous position holder: Shen Shu Chen/Manager, Finance Department as Principal financial officer and Principal accounting officer. Name, title, and resume of the new position holder: TSAI MEI-YIN as Principal financial officer. Effective date: June 21, 2023.お知らせ • Jun 14+ 1 more updateSakura Development Co.,Ltd Announces Change of Board of Directors ChairmanSakura Development Co.,Ltd announced change of board of directors chairman. Name of the previous position holder: Ho-Yang Management Consultant Co. Ltd. Representative: Chen Cheng-Kang. Resume of the previous position holder: Chairman of SAKURA DEVELOPMENT CO., LTD. Name of the new position holder: Chen Shin-Ying. Resume of the new position holder: General manager of SAKURA DEVELOPMENT CO., LTD. Effective date of the new appointment: June 13, 2023.Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.05 (vs NT$1.04 in FY 2021)Full year 2022 results: EPS: NT$2.05 (up from NT$1.04 in FY 2021). Revenue: NT$6.26b (up 47% from FY 2021). Net income: NT$1.51b (up 100% from FY 2021). Profit margin: 24% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.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. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chen-Hua Hsu was the last independent director to join the board, commencing their role in 2017. 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 12Third quarter 2022 earnings released: EPS: NT$1.00 (vs NT$0.58 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.00 (up from NT$0.58 in 3Q 2021). Revenue: NT$3.10b (up 56% from 3Q 2021). Net income: NT$732.0m (up 73% from 3Q 2021). Profit margin: 24% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 05 October 2022. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (6.1%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.31 (vs NT$0.073 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.31 (up from NT$0.073 loss in 2Q 2021). Revenue: NT$3.17b (up NT$3.16b from 2Q 2021). Net income: NT$842.0m (up NT$888.4m from 2Q 2021). Profit margin: 27% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chen-Hua Hsu was the last independent director to join the board, commencing their role in 2017. 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 • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$1.18 (down from NT$1.30 in FY 2020). Revenue: NT$4.27b (down 7.4% from FY 2020). Net income: NT$754.0m (down 8.3% from FY 2020). Profit margin: 18% (in line with FY 2020). Revenue missed analyst estimates by 57%. Earnings per share (EPS) also missed analyst estimates by 89%. 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 20% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 23Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2022Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2022. Location: B1F., No. 57, Guanqian Rd., West Dist., Taichung City, Hotel National Taichung City Taiwan Agenda: To consider 2021 Business Report; to consider Audit Committee's review of the 2021 annual final accounting books and statements; to consider Report on 2021 employees' and directors' remuneration; to consider Acknowledgment of the 2021 Business Report and Financial Statements; to consider Acknowledgment of the 2021 Earnings Distributions; to consider Discussion of amendment to 'Articles of Incorporation'; to consider Discussion of amendment to 'Procedures for Election of Directors'; to consider Discussion of amendment to 'Procedures for Asset Acquisition & Disposal'; to consider 2021 New common share issuance through the increase of capital by capitalization of retained earnings and capital reserve; and to consider other matters.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.11 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.99b (up 176% from 3Q 2020). Net income: NT$422.1m (up 487% from 3Q 2020). Profit margin: 21% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Sep 15Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 22 September 2021. Payment date: 27 October 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.5%).Reported Earnings • Aug 11Second quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.25 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$980.0k (down 100% from 2Q 2020). Net loss: NT$46.4m (down 134% from profit in 2Q 2020). 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 16% per year.Reported Earnings • May 13First quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.18 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$166.1m (down 76% from 1Q 2020). Net loss: NT$37.4m (down 137% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 22Sakura DevelopmentLtd (TPE:2539) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Apr 01Why Sakura DevelopmentLtd's (TPE:2539) Shaky Earnings Are Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Sakura Development Co.,Ltd's ( TPE:2539 ) recent earnings didn't contain any...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.48 (vs NT$2.71 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.62b (down 38% from FY 2019). Net income: NT$822.1m (down 45% from FY 2019). Profit margin: 18% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.分析記事 • Mar 11Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 194% Return ?When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...分析記事 • Feb 18Is Sakura Development Co.,Ltd's (TPE:2539) Shareholder Ownership Skewed Towards Insiders?A look at the shareholders of Sakura Development Co.,Ltd ( TPE:2539 ) can tell us which group is most powerful...分析記事 • Jan 28Is Sakura Development Co.,Ltd's (TPE:2539) 18% ROE Better Than Average?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...分析記事 • Jan 07We Think Sakura DevelopmentLtd (TPE:2539) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Dec 07Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 201% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.13The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$718.4m (down 41% from 3Q 2019). Net income: NT$71.9m (down 61% from 3Q 2019). Profit margin: 10.0% (down from 15% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.株主還元2539TW Real EstateTW 市場7D7.8%0.6%-2.0%1Y-23.7%-18.9%99.7%株主還元を見る業界別リターン: 2539過去 1 年間で-18.9 % 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: 2539は、過去 1 年間で99.7 % のリターンを上げたTW市場を下回りました。価格変動Is 2539's price volatile compared to industry and market?2539 volatility2539 Average Weekly Movement4.2%Real Estate Industry Average Movement3.6%Market Average Movement6.3%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 2539 、 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: 2539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1976111Shu Zhen Shenwww.sakurad.com.twさくら開発株式会社は、台湾の中張頭エリアを中心に、住宅用不動産の販売と賃貸を行っている。同社は1976年に設立され、台湾の台中に本社を置いている。もっと見るSakura Development Co.,Ltd 基礎のまとめSakura DevelopmentLtd の収益と売上を時価総額と比較するとどうか。2539 基礎統計学時価総額NT$44.03b収益（TTM）NT$3.38b売上高(TTM)NT$10.98b13.9xPER（株価収益率4.3xP/Sレシオ2539 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2539 損益計算書（TTM）収益NT$10.98b売上原価NT$6.27b売上総利益NT$4.70bその他の費用NT$1.32b収益NT$3.38b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）2.83グロス・マージン42.86%純利益率30.79%有利子負債／自己資本比率39.5%2539 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1.5%現在の配当利回り21%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2026/06/10 09:58終値2026/06/10 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Sakura 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 21First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.31 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.31 in 1Q 2025). Revenue: NT$2.48b (down 55% from 1Q 2025). Net income: NT$814.8m (down 48% from 1Q 2025). Profit margin: 33% (up from 28% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
New Risk • May 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$3.46 (vs NT$2.37 in FY 2024)Full year 2025 results: EPS: NT$3.46 (up from NT$2.37 in FY 2024). Revenue: NT$14.0b (up 55% from FY 2024). Net income: NT$4.12b (up 46% from FY 2024). Profit margin: 30% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 11Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.73 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$2.94b (up NT$2.93b from 3Q 2024). Net income: NT$866.0m (up NT$1.01b from 3Q 2024). Profit margin: 30% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.068 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.36 (up from NT$0.068 in 2Q 2024). Revenue: NT$1.47b (up 207% from 2Q 2024). Net income: NT$362.2m (up 437% from 2Q 2024). Profit margin: 25% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 21First quarter 2026 earnings released: EPS: NT$0.68 (vs NT$1.31 in 1Q 2025)First quarter 2026 results: EPS: NT$0.68 (down from NT$1.31 in 1Q 2025). Revenue: NT$2.48b (down 55% from 1Q 2025). Net income: NT$814.8m (down 48% from 1Q 2025). Profit margin: 33% (up from 28% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
New Risk • May 05New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 1.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$3.46 (vs NT$2.37 in FY 2024)Full year 2025 results: EPS: NT$3.46 (up from NT$2.37 in FY 2024). Revenue: NT$14.0b (up 55% from FY 2024). Net income: NT$4.12b (up 46% from FY 2024). Profit margin: 30% (down from 31% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 11Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2026. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.73 (vs NT$0.12 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.73 (up from NT$0.12 loss in 3Q 2024). Revenue: NT$2.94b (up NT$2.93b from 3Q 2024). Net income: NT$866.0m (up NT$1.01b from 3Q 2024). Profit margin: 30% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.36 (vs NT$0.068 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.36 (up from NT$0.068 in 2Q 2024). Revenue: NT$1.47b (up 207% from 2Q 2024). Net income: NT$362.2m (up 437% from 2Q 2024). Profit margin: 25% (up from 14% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Aug 11Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 28th August 2025 Payment date: 2nd October 2025 Dividend yield will be 0.7%, which is lower than the industry average of 3.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 13%.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$1.57 (vs NT$0.40 in 1Q 2024)First quarter 2025 results: EPS: NT$1.57 (up from NT$0.40 in 1Q 2024). Revenue: NT$5.50b (up 325% from 1Q 2024). Net income: NT$1.56b (up 289% from 1Q 2024). Profit margin: 28% (down from 31% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Sakura Development Co.,Ltd to Report Q1, 2025 Results on May 12, 2025Sakura Development Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • Apr 16Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$63.20, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 201% over the past three years.
お知らせ • Apr 01Sakura Development Co.,Ltd Announces the Resignation of Li, Tsung-Je as Accounting Officer, Effective from March 31, 2025Sakura Development Co.,Ltd announced the resignation of LI, TSUNG-JE, Deputy Manager, Accounting Section of Finance Department, as accounting officer of the company. Effective date:2025/03/31.
分析記事 • Mar 20Why Investors Shouldn't Be Surprised By Sakura Development Co.,Ltd's (TWSE:2539) 27% Share Price SurgeSakura Development Co.,Ltd ( TWSE:2539 ) shares have continued their recent momentum with a 27% gain in the last month...
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.85 (vs NT$1.93 in FY 2023)Full year 2024 results: EPS: NT$2.85 (up from NT$1.93 in FY 2023). Revenue: NT$9.02b (up 28% from FY 2023). Net income: NT$2.83b (up 48% from FY 2023). Profit margin: 31% (up from 27% 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 21% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$64.80, the stock trades at a trailing P/E ratio of 53.4x. Average trailing P/E is 15x in the Real Estate industry in Taiwan. Total returns to shareholders of 210% over the past three years.
お知らせ • Mar 12Sakura Development Co.,Ltd, Annual General Meeting, Jun 20, 2025Sakura Development Co.,Ltd, Annual General Meeting, Jun 20, 2025. Location: b1 floor no,57, kuan ch`ien rd., west district, taichung city Taiwan
お知らせ • Mar 04Sakura Development Co.,Ltd to Report Fiscal Year 2024 Results on Mar 11, 2025Sakura Development Co.,Ltd announced that they will report fiscal year 2024 results on Mar 11, 2025
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$57.80, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 188% over the past three years.
分析記事 • Nov 18Sakura DevelopmentLtd's (TWSE:2539) Solid Earnings May Rest On Weak FoundationsSakura Development Co.,Ltd's ( TWSE:2539 ) healthy profit numbers didn't contain any surprises for investors. We...
Reported Earnings • Nov 15Third quarter 2024 earnings released: NT$0.14 loss per share (vs NT$0.60 profit in 3Q 2023)Third quarter 2024 results: NT$0.14 loss per share (down from NT$0.60 profit in 3Q 2023). Revenue: NT$7.93m (down 100% from 3Q 2023). Net loss: NT$139.9m (down 124% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Sep 16The Price Is Right For Sakura Development Co.,Ltd (TWSE:2539) Even After Diving 25%Sakura Development Co.,Ltd ( TWSE:2539 ) shares have had a horrible month, losing 25% after a relatively good period...
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$54.90, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 185% over the past three years.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.069 (vs NT$0.027 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.069 (up from NT$0.027 loss in 2Q 2023). Revenue: NT$478.6m (up 17% from 2Q 2023). Net income: NT$67.4m (up NT$94.2m from 2Q 2023). Profit margin: 14% (up from net loss in 2Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 08Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 20 September 2024. Payout ratio is a comfortable 19% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (2.8%).
お知らせ • Aug 02Sakura Development Co.,Ltd to Report Q2, 2024 Results on Aug 09, 2024Sakura Development Co.,Ltd announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jun 19Sakura Development Co.,Ltd's (TWSE:2539) Share Price Matching Investor OpinionWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider...
分析記事 • May 29Here's Why Sakura DevelopmentLtd (TWSE:2539) Can Manage Its Debt ResponsiblyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • May 07If EPS Growth Is Important To You, Sakura DevelopmentLtd (TWSE:2539) Presents An OpportunityFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
お知らせ • Apr 28Sakura Development Co.,Ltd to Report Q1, 2024 Results on May 06, 2024Sakura Development Co.,Ltd announced that they will report Q1, 2024 results on May 06, 2024
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$2.24 (vs NT$1.77 in FY 2022)Full year 2023 results: EPS: NT$2.24 (up from NT$1.77 in FY 2022). Revenue: NT$7.06b (up 13% from FY 2022). Net income: NT$1.91b (up 27% from FY 2022). Profit margin: 27% (up from 24% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12Sakura Development Co.,Ltd, Annual General Meeting, Jun 14, 2024Sakura Development Co.,Ltd, Annual General Meeting, Jun 14, 2024. Location: B1F., No. 57, Guanqian Rd., West Dist Hotel National Taichung City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employee' and directors' remuneration; to consider acknowledgment of the 2023 business report and financial statements; to consider acknowledgment of the 2023 earnings distributions; to consider discussion of amendment to articles of incorporation; to consider report on 2023 issue new shares through capital increase from earnings; and to consider other issues.
分析記事 • Feb 26Optimistic Investors Push Sakura Development Co.,Ltd (TWSE:2539) Shares Up 28% But Growth Is LackingThe Sakura Development Co.,Ltd ( TWSE:2539 ) share price has done very well over the last month, posting an excellent...
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$57.40, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 18x in the Real Estate industry in Taiwan. Total returns to shareholders of 187% over the past three years.
Upcoming Dividend • Aug 17Upcoming dividend of NT$0.20 per share at 0.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.4%).
New Risk • Aug 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.0% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 10Second quarter 2023 earnings released: NT$0.04 loss per share (vs NT$1.15 profit in 2Q 2022)Second quarter 2023 results: NT$0.04 loss per share (down from NT$1.15 profit in 2Q 2022). Revenue: NT$409.7m (down 87% from 2Q 2022). Net loss: NT$26.8m (down 103% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Jun 23+ 1 more updateSakura Development Co.,Ltd Announces Change to the Principal Financial OfficerSakura Development Co.,Ltd announced Change to the principal financial officer and principal accounting officer of the company. Name, title, and resume of the previous position holder: Shen Shu Chen/Manager, Finance Department as Principal financial officer and Principal accounting officer. Name, title, and resume of the new position holder: TSAI MEI-YIN as Principal financial officer. Effective date: June 21, 2023.
お知らせ • Jun 14+ 1 more updateSakura Development Co.,Ltd Announces Change of Board of Directors ChairmanSakura Development Co.,Ltd announced change of board of directors chairman. Name of the previous position holder: Ho-Yang Management Consultant Co. Ltd. Representative: Chen Cheng-Kang. Resume of the previous position holder: Chairman of SAKURA DEVELOPMENT CO., LTD. Name of the new position holder: Chen Shin-Ying. Resume of the new position holder: General manager of SAKURA DEVELOPMENT CO., LTD. Effective date of the new appointment: June 13, 2023.
Reported Earnings • Mar 15Full year 2022 earnings released: EPS: NT$2.05 (vs NT$1.04 in FY 2021)Full year 2022 results: EPS: NT$2.05 (up from NT$1.04 in FY 2021). Revenue: NT$6.26b (up 47% from FY 2021). Net income: NT$1.51b (up 100% from FY 2021). Profit margin: 24% (up from 18% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
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. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chen-Hua Hsu was the last independent director to join the board, commencing their role in 2017. 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 12Third quarter 2022 earnings released: EPS: NT$1.00 (vs NT$0.58 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.00 (up from NT$0.58 in 3Q 2021). Revenue: NT$3.10b (up 56% from 3Q 2021). Net income: NT$732.0m (up 73% from 3Q 2021). Profit margin: 24% (up from 21% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 19% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 24Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 31 August 2022. Payment date: 05 October 2022. Payout ratio is a comfortable 7.8% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (6.1%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$1.31 (vs NT$0.073 loss in 2Q 2021)Second quarter 2022 results: EPS: NT$1.31 (up from NT$0.073 loss in 2Q 2021). Revenue: NT$3.17b (up NT$3.16b from 2Q 2021). Net income: NT$842.0m (up NT$888.4m from 2Q 2021). Profit margin: 27% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chen-Hua Hsu was the last independent director to join the board, commencing their role in 2017. 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 • Mar 30Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$1.18 (down from NT$1.30 in FY 2020). Revenue: NT$4.27b (down 7.4% from FY 2020). Net income: NT$754.0m (down 8.3% from FY 2020). Profit margin: 18% (in line with FY 2020). Revenue missed analyst estimates by 57%. Earnings per share (EPS) also missed analyst estimates by 89%. 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 20% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 23Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2022Sakura Development Co.,Ltd, Annual General Meeting, Jun 16, 2022. Location: B1F., No. 57, Guanqian Rd., West Dist., Taichung City, Hotel National Taichung City Taiwan Agenda: To consider 2021 Business Report; to consider Audit Committee's review of the 2021 annual final accounting books and statements; to consider Report on 2021 employees' and directors' remuneration; to consider Acknowledgment of the 2021 Business Report and Financial Statements; to consider Acknowledgment of the 2021 Earnings Distributions; to consider Discussion of amendment to 'Articles of Incorporation'; to consider Discussion of amendment to 'Procedures for Election of Directors'; to consider Discussion of amendment to 'Procedures for Asset Acquisition & Disposal'; to consider 2021 New common share issuance through the increase of capital by capitalization of retained earnings and capital reserve; and to consider other matters.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.11 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.99b (up 176% from 3Q 2020). Net income: NT$422.1m (up 487% from 3Q 2020). Profit margin: 21% (up from 10.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Sep 15Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 22 September 2021. Payment date: 27 October 2021. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.5%).
Reported Earnings • Aug 11Second quarter 2021 earnings released: NT$0.08 loss per share (vs NT$0.25 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$980.0k (down 100% from 2Q 2020). Net loss: NT$46.4m (down 134% from profit in 2Q 2020). 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 16% per year.
Reported Earnings • May 13First quarter 2021 earnings released: NT$0.07 loss per share (vs NT$0.18 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$166.1m (down 76% from 1Q 2020). Net loss: NT$37.4m (down 137% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 22Sakura DevelopmentLtd (TPE:2539) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Apr 01Why Sakura DevelopmentLtd's (TPE:2539) Shaky Earnings Are Just The Beginning Of Its ProblemsThe subdued market reaction suggests that Sakura Development Co.,Ltd's ( TPE:2539 ) recent earnings didn't contain any...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$1.48 (vs NT$2.71 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.62b (down 38% from FY 2019). Net income: NT$822.1m (down 45% from FY 2019). Profit margin: 18% (down from 20% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 18% per year.
分析記事 • Mar 11Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 194% Return ?When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares...
分析記事 • Feb 18Is Sakura Development Co.,Ltd's (TPE:2539) Shareholder Ownership Skewed Towards Insiders?A look at the shareholders of Sakura Development Co.,Ltd ( TPE:2539 ) can tell us which group is most powerful...
分析記事 • Jan 28Is Sakura Development Co.,Ltd's (TPE:2539) 18% ROE Better Than Average?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
分析記事 • Jan 07We Think Sakura DevelopmentLtd (TPE:2539) Is Taking Some Risk With Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Dec 07Did You Participate In Any Of Sakura DevelopmentLtd's (TPE:2539) Fantastic 201% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$0.13The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$718.4m (down 41% from 3Q 2019). Net income: NT$71.9m (down 61% from 3Q 2019). Profit margin: 10.0% (down from 15% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
