JSL Construction & Development（2540）株式概要JSL建設開発株式会社は、アジアおよび国際的な不動産仲介・販売業を営んでいる。 詳細2540 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績1/6財務の健全性2/6配当金1/6リスク分析利払いは収益で十分にカバーされない 財務結果に影響を与える大きな一時的項目 利益率(5.2%)は昨年より低い(12.4%) すべてのリスクチェックを見る2540 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$55.8044.4% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture029b2016201920222025202620282031Revenue NT$29.1bEarnings NT$1.5bAdvancedSet Fair ValueView all narrativesJSL Construction & Development Co., Ltd. 競合他社Ruentex DevelopmentLtdSymbol: TWSE:9945Market cap: NT$66.0bSakura DevelopmentLtdSymbol: TWSE:2539Market cap: NT$45.6bFarglory Land DevelopmentSymbol: TWSE:5522Market cap: NT$54.3bHuaku DevelopmentSymbol: TWSE:2548Market cap: NT$39.5b価格と性能株価の高値、安値、推移の概要JSL Construction & Development過去の株価現在の株価NT$55.8052週高値NT$64.1452週安値NT$44.20ベータ0.0511ヶ月の変化-4.94%3ヶ月変化n/a1年変化-5.65%3年間の変化103.86%5年間の変化281.81%IPOからの変化-90.54%最新ニュースReported Earnings • May 16First quarter 2026 earnings released: NT$0.012 loss per share (vs NT$0.07 profit in 1Q 2025)First quarter 2026 results: NT$0.012 loss per share (down from NT$0.07 profit in 1Q 2025). Revenue: NT$1.72b (down 19% from 1Q 2025). Net loss: NT$11.3m (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: NT$0.69 (vs NT$2.20 in FY 2024)Full year 2025 results: EPS: NT$0.69 (down from NT$2.20 in FY 2024). Revenue: NT$11.3b (up 1.3% from FY 2024). Net income: NT$644.2m (down 66% from FY 2024). Profit margin: 5.7% (down from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 10JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.53 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.53 profit in 3Q 2024). Revenue: NT$2.75b (up 7.8% from 3Q 2024). Net loss: NT$36.7m (down 108% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.Upcoming Dividend • Sep 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 31 October 2025. The company last paid an ordinary dividend in September 2022. The average dividend yield among industry peers is 4.9%.最新情報をもっと見るRecent updatesReported Earnings • May 16First quarter 2026 earnings released: NT$0.012 loss per share (vs NT$0.07 profit in 1Q 2025)First quarter 2026 results: NT$0.012 loss per share (down from NT$0.07 profit in 1Q 2025). Revenue: NT$1.72b (down 19% from 1Q 2025). Net loss: NT$11.3m (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.Reported Earnings • Apr 16Full year 2025 earnings released: EPS: NT$0.69 (vs NT$2.20 in FY 2024)Full year 2025 results: EPS: NT$0.69 (down from NT$2.20 in FY 2024). Revenue: NT$11.3b (up 1.3% from FY 2024). Net income: NT$644.2m (down 66% from FY 2024). Profit margin: 5.7% (down from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 10JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city TaiwanReported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.53 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.53 profit in 3Q 2024). Revenue: NT$2.75b (up 7.8% from 3Q 2024). Net loss: NT$36.7m (down 108% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.Upcoming Dividend • Sep 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 31 October 2025. The company last paid an ordinary dividend in September 2022. The average dividend yield among industry peers is 4.9%.New Risk • Sep 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.90 (vs NT$0.88 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.90 (up from NT$0.88 in 2Q 2024). Revenue: NT$4.58b (up 75% from 2Q 2024). Net income: NT$605.3m (up 10% from 2Q 2024). Profit margin: 13% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.Board Change • Jul 28Less 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 not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hsiang-Chi Hu 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 • May 15First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$1.02 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$1.02 in 1Q 2024). Revenue: NT$2.12b (down 8.8% from 1Q 2024). Net income: NT$61.6m (down 90% from 1Q 2024). Profit margin: 2.9% (down from 26% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.お知らせ • May 01JSL Construction & Development Co., Ltd. to Report Q1, 2025 Results on May 12, 2025JSL Construction & Development Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025お知らせ • Apr 22JSL Construction & Development Co., Ltd. Announces Cash Dividend for the Year Ended December 31, 2024JSL Construction & Development Co., Ltd. announced Appropriations of earnings in cash dividends to shareholders of TWD 0.4 per share and Cash distributed from legal reserve and capital surplus to shareholders of TWD 0.6 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders is TWD 674,909,975.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$84.90, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 138% over the past three years.お知らせ • Apr 01JSL Construction & Development Co., Ltd. Appoints Guo,Yu-Fu as Independent Director, Effective from March 31, 2025JSL Construction & Development Co., Ltd. appointed GUO,YU-FU, General Manager of Marketing and Planning Department,LION TRAVEL SERVICE CO., LTD., as Independent director. Reason for the change: Supplementary election of an independent director. Effective date of the new appointment:2025/03/31.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$3.07 (vs NT$2.61 in FY 2023)Full year 2024 results: EPS: NT$3.07 (up from NT$2.61 in FY 2023). Revenue: NT$11.2b (up 38% from FY 2023). Net income: NT$1.90b (up 26% from FY 2023). Profit margin: 17% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 31% per year.お知らせ • Apr 01JSL Construction & Development Co., Ltd. Appoints Guo,Yu-Fu as Member of Audit Committee, Effective from March 31, 2025JSL Construction & Development Co., Ltd. announced the change of members from the Company's Audit Committee. Name of the new position holder: GUO,YU-FU, General Manager of Marketing and Planning Department,LION TRAVEL SERVICE CO., LTD. Effective date of the new member:2025/03/31.お知らせ • Mar 11JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2025JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2025. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city Taiwanお知らせ • Feb 27JSL Construction & Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025JSL Construction & Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025分析記事 • Feb 14We Ran A Stock Scan For Earnings Growth And JSL Construction & Development (TWSE:2540) Passed With EaseFor 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 • Feb 12+ 1 more updateJSL Construction & Development Co., Ltd. Announces Change of Chief Internal AuditorJSL Construction & Development Co., Ltd. announced Change of Chief internal auditor. Name, title, and resume of the previous position holder: LIN,PEI CHUN/Chief internal auditor of The Company. Name, title, and resume of the new position holder: Chen,Wei-Yun/Internal audit of The Company. Effective date: February 11, 2025.分析記事 • Dec 28JSL Construction & Development Co., Ltd.'s (TWSE:2540) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 23.8x JSL Construction & Development Co., Ltd. ( TWSE:2540 ) may be...分析記事 • Nov 23Additional Considerations Required While Assessing JSL Construction & Development's (TWSE:2540) Strong EarningsJSL Construction & Development Co., Ltd.'s ( TWSE:2540 ) robust earnings report didn't manage to move the market for...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.73 (vs NT$0.48 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.73 (up from NT$0.48 in 3Q 2023). Revenue: NT$2.55b (up 33% from 3Q 2023). Net income: NT$453.3m (up 63% from 3Q 2023). Profit margin: 18% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 16JSL Construction & Development Co., Ltd. Announces Change of the Legal RepresentativeJSL Construction & Development Co., Ltd. announced of the change of the company's legal representative. Name of legal person:Fengyun Advertising Co.,Ltd. 3.Name of the previous position holder:Ching-Tsai Chang. Resume of the previous position holder:General Manager of JSL CONSTRUCTION & DEVELOPMENT CO., LTD. Name of the new position holder:WANG,A-ZHENG. Resume of the new position holder:Vice President of Finance, Jaysanlyn Construction Co., Ltd. Reason for the change:Reassignment of legal representative. Effective date of the new appointment is November 15, 2024.お知らせ • Nov 13JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering.JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,500,000 Security Name: Common Shares Security Type: Common Stock Securities Offered: 5,000,000 Security Name: Common Shares Security Type: Common Stock Securities Offered: 37,500,000 Transaction Features: Reserved Share Offeringお知らせ • Nov 12JSL Construction & Development Co., Ltd. announced that it expects to receive TWD 500 million in fundingJSL Construction & Development Co., Ltd. announced a private placement to issue 50,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 500,000,000 on November 11, 2024. The transaction has been approved by shareholders.お知らせ • Oct 26JSL Construction & Development Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024JSL Construction & Development Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024分析記事 • Sep 05JSL Construction & Development Co., Ltd. (TWSE:2540) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedJSL Construction & Development Co., Ltd. ( TWSE:2540 ) shareholders would be excited to see that the share price has...Upcoming Dividend • Sep 05Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 12 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (2.8%).分析記事 • Aug 18Here's Why JSL Construction & Development (TWSE:2540) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.32 (vs NT$0.78 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.32 (up from NT$0.78 in 2Q 2023). Revenue: NT$2.62b (up 31% from 2Q 2023). Net income: NT$548.8m (up 81% from 2Q 2023). Profit margin: 21% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Aug 14Dividend of NT$1.50 announcedShareholders will receive a dividend of NT$1.50. Ex-date: 12th September 2024 Payment date: 18th October 2024 Dividend yield will be 0.8%, which is lower than the industry average of 3.7%.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$167, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 20x in the Real Estate industry in Taiwan. Total returns to shareholders of 483% over the past three years.New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.4% increase in shares outstanding).お知らせ • Aug 02JSL Construction & Development Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024JSL Construction & Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$220, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 714% over the past three years.分析記事 • Jun 24Subdued Growth No Barrier To JSL Construction & Development Co., Ltd. (TWSE:2540) With Shares Advancing 27%Despite an already strong run, JSL Construction & Development Co., Ltd. ( TWSE:2540 ) shares have been powering on...分析記事 • Jun 17These 4 Measures Indicate That JSL Construction & Development (TWSE:2540) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$186, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 598% over the past three years.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.53 (vs NT$0.39 in 1Q 2023)First quarter 2024 results: EPS: NT$1.53 (up from NT$0.39 in 1Q 2023). Revenue: NT$2.33b (up 55% from 1Q 2023). Net income: NT$600.9m (up 333% from 1Q 2023). Profit margin: 26% (up from 9.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$169, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 25x in the Real Estate industry in Taiwan. Total returns to shareholders of 477% over the past three years.分析記事 • Apr 26Optimistic Investors Push JSL Construction & Development Co., Ltd. (TWSE:2540) Shares Up 41% But Growth Is LackingJSL Construction & Development Co., Ltd. ( TWSE:2540 ) shareholders have had their patience rewarded with a 41% share...Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$119, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 21x in the Real Estate industry in Taiwan. Total returns to shareholders of 330% over the past three years.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$106, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 20x in the Real Estate industry in Taiwan. Total returns to shareholders of 290% over the past three years.New Risk • Mar 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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). High level of non-cash earnings (24% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.4% increase in shares outstanding).分析記事 • Mar 29JSL Construction & Development's (TWSE:2540) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for JSL Construction & Development Co., Ltd.'s ( TWSE:2540 ) stock...Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$3.91 (vs NT$1.24 in FY 2022)Full year 2023 results: EPS: NT$3.91 (up from NT$1.24 in FY 2022). Revenue: NT$8.10b (up 71% from FY 2022). Net income: NT$1.51b (up 239% from FY 2022). Profit margin: 19% (up from 9.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.お知らせ • Mar 16JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 28, 2024JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 28, 2024. Location: B2F., No.60, Xing'an St., Zhongshan Dist., Taipei City , Taiwan (R.O.C.) Taipei City Taiwan Agenda: To consider The 2023 business report; The 2023 audited report of the settled books by the Audit committee; The status report of the 2023 remuneration distributed to employees and directors; Report on remuneration paid to directors of 2023; The reports of guarantee by endorsement; Corporate Bond-secured (none) reporting; Other reporting details; and to discuss other matters.分析記事 • Mar 11Risks To Shareholder Returns Are Elevated At These Prices For JSL Construction & Development Co., Ltd. (TWSE:2540)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider JSL...New Risk • Nov 15New 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 5.6% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (9.0% increase in shares outstanding).お知らせ • Nov 11JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering.JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Transaction Features: Rights OfferingValuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.70, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 18x in the Real Estate industry in Taiwan. Total returns to shareholders of 239% over the past three years.Upcoming Dividend • Sep 06Upcoming dividend of NT$1.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 17 October 2023. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.4%).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$1.05 (vs NT$0.18 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.05 (up from NT$0.18 in 2Q 2022). Revenue: NT$2.00b (up 99% from 2Q 2022). Net income: NT$304.1m (up NT$254.8m from 2Q 2022). Profit margin: 15% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 62% per year, which means it is well ahead of earnings.お知らせ • Jul 01JSL Construction & Development Co., Ltd. Approves the Board ChangesJSL Construction & Development Co., Ltd. approved the election of the board of directors. The company appointed Chu Yi, a Representative of Yangshanlin Advertising Co., Ltd. as director in the place of Mao-Yen Hsu, a Representative of Yi-Feng International Development Co., Ltd. Effective date of the new appointment is June 30, 2023.Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.67 (vs NT$4.26 in FY 2021)Full year 2022 results: EPS: NT$1.67 (down from NT$4.26 in FY 2021). Revenue: NT$4.73b (down 14% from FY 2021). Net income: NT$444.6m (down 61% from FY 2021). Profit margin: 9.4% (down from 21% 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 21% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$85.20, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 502% over the past three years.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). General Manager and Director Jingzai Zhang was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.16 (vs NT$0.49 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.16 (down from NT$0.49 in 3Q 2021). Revenue: NT$1.17b (up 4.8% from 3Q 2021). Net income: NT$41.5m (down 68% from 3Q 2021). Profit margin: 3.6% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$79.50, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 522% over the past three years.Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$95.50, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 682% over the past three years.Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$72.80, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 513% over the past three years.Upcoming Dividend • Sep 12Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 October 2022. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (6.1%).Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.31 (vs NT$0.30 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.31 (up from NT$0.30 in 2Q 2021). Revenue: NT$1.00b (down 5.7% from 2Q 2021). Net income: NT$49.4m (up 1.9% from 2Q 2021). Profit margin: 4.9% (up from 4.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.37 (vs NT$1.72 in 1Q 2021)First quarter 2022 results: EPS: NT$0.37 (down from NT$1.72 in 1Q 2021). Revenue: NT$1.12b (down 7.0% from 1Q 2021). Net income: NT$59.9m (down 78% from 1Q 2021). Profit margin: 5.4% (down from 23% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 69% per year.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). General Manager and Director Jingzai Zhang was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$7.02 (vs NT$5.62 in FY 2020)Full year 2021 results: EPS: NT$7.02 (up from NT$5.62 in FY 2020). Revenue: NT$5.52b (up 16% from FY 2020). Net income: NT$1.13b (up 25% from FY 2020). Profit margin: 21% (up from 19% 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 71% per year whereas the company’s share price has increased by 76% per year.お知らせ • Mar 23JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2022JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2022.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$125, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 439% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.81 (vs NT$1.66 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.11b (down 31% from 3Q 2020). Net income: NT$130.8m (down 51% from 3Q 2020). Profit margin: 12% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 19Inaugural dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 October 2021. Payment date: 30 November 2021. This is the first dividend for JSL Construction & Development since going public. The average dividend yield among industry peers is 4.5%.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.99 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.06b (up 33% from 2Q 2020). Net income: NT$48.4m (down 67% from 2Q 2020). Profit margin: 4.6% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.89 (vs NT$0.96 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.20b (up 49% from 1Q 2020). Net income: NT$276.8m (up 97% from 1Q 2020). Profit margin: 23% (up from 17% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$66.70, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past three years.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$79.70, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 166% over the past three years.Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.18 (vs NT$1.38 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.78b (up 115% from FY 2019). Net income: NT$906.1m (up 347% from FY 2019). Profit margin: 19% (up from 9.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 29Is JSL Construction & Development (TPE:2540) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 22JSL Construction & Development Co., Ltd. (TPE:2540) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...分析記事 • Jan 18The JSL Construction & Development (TPE:2540) Share Price Is Up 183% And Shareholders Are Boasting About ItThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...分析記事 • Dec 14Does JSL Construction & Development (TPE:2540) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Dec 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$69.00, the stock is trading at a trailing P/E ratio of 15.4x, down from the previous P/E ratio of 18.2x. This compares to an average P/E of 16x in the Real Estate industry in Taiwan. Total returns to shareholders over the past three years are 223%.Valuation Update With 7 Day Price Move • Dec 07Market bids up stock over the past weekAfter last week's 19% share price gain to NT$81.50, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 17x in the Real Estate industry in Taiwan. Total returns to shareholders over the past three years are 279%.Is New 90 Day High Low • Dec 04New 90-day high: NT$75.70The company is up 50% from its price of NT$50.30 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.83The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.62b (up 200% from 3Q 2019). Net income: NT$267.8m (up NT$229.3m from 3Q 2019). Profit margin: 17% (up from 7.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.株主還元2540TW Real EstateTW 市場7D-4.1%-0.7%2.6%1Y-5.7%-20.9%94.7%株主還元を見る業界別リターン: 2540過去 1 年間で-20.9 % の収益を上げたTW Real Estate業界を上回りました。リターン対市場: 2540は、過去 1 年間で94.7 % のリターンを上げたTW市場を下回りました。価格変動Is 2540's price volatile compared to industry and market?2540 volatility2540 Average Weekly Movement5.4%Real Estate Industry Average Movement3.3%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 2540 、 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: 2540の 週次ボラティリティ ( 5% ) 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1986n/aWen-Yu Chuwww.isanlin.comJSL建設開発株式会社は、アジアおよび国際的な不動産仲介・販売事業を行っている。3つのセグメントで事業を展開している：不動産販売代理事業、建設事業、開発事業の3つのセグメントで事業を展開している。公営住宅の建設、住宅・商業ビルの開発・賃貸・販売、不動産物件の投資・運営・委託・売買・賃貸・賃貸・販売、建築資材の売買、土木建築工事などを行っている。また、ホテルの賃貸とリース、ITソフトウェアと第三者決済サービス、国際貿易と土地開発事業、室内装飾デザインと請負サービス、建設機器と建築資材事業、建設機械の取引、焼き食品の製造、食品と飲料の卸売と小売、公共建設への投資、不動産管理サービスにも携わっている。同社は以前、金商昌開発株式会社として知られていたが、2013年7月にJSL建設開発株式会社に社名を変更した。JSL建設開発株式会社は1986年に設立され、台湾の台北市に本社を置いている。もっと見るJSL Construction & Development Co., Ltd. 基礎のまとめJSL Construction & Development の収益と売上を時価総額と比較するとどうか。2540 基礎統計学時価総額NT$52.72b収益（TTM）NT$571.29m売上高(TTM)NT$10.90b92.3xPER（株価収益率4.8xP/Sレシオ2540 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2540 損益計算書（TTM）収益NT$10.90b売上原価NT$8.67b売上総利益NT$2.23bその他の費用NT$1.66b収益NT$571.29m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）0.60グロス・マージン20.44%純利益率5.24%有利子負債／自己資本比率191.1%2540 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1.3%現在の配当利回り70%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 14:18終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋JSL Construction & 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 16First quarter 2026 earnings released: NT$0.012 loss per share (vs NT$0.07 profit in 1Q 2025)First quarter 2026 results: NT$0.012 loss per share (down from NT$0.07 profit in 1Q 2025). Revenue: NT$1.72b (down 19% from 1Q 2025). Net loss: NT$11.3m (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: NT$0.69 (vs NT$2.20 in FY 2024)Full year 2025 results: EPS: NT$0.69 (down from NT$2.20 in FY 2024). Revenue: NT$11.3b (up 1.3% from FY 2024). Net income: NT$644.2m (down 66% from FY 2024). Profit margin: 5.7% (down from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 10JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.53 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.53 profit in 3Q 2024). Revenue: NT$2.75b (up 7.8% from 3Q 2024). Net loss: NT$36.7m (down 108% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Upcoming Dividend • Sep 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 31 October 2025. The company last paid an ordinary dividend in September 2022. The average dividend yield among industry peers is 4.9%.
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.012 loss per share (vs NT$0.07 profit in 1Q 2025)First quarter 2026 results: NT$0.012 loss per share (down from NT$0.07 profit in 1Q 2025). Revenue: NT$1.72b (down 19% from 1Q 2025). Net loss: NT$11.3m (down 118% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 16Full year 2025 earnings released: EPS: NT$0.69 (vs NT$2.20 in FY 2024)Full year 2025 results: EPS: NT$0.69 (down from NT$2.20 in FY 2024). Revenue: NT$11.3b (up 1.3% from FY 2024). Net income: NT$644.2m (down 66% from FY 2024). Profit margin: 5.7% (down from 17% in FY 2024). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 10JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city Taiwan
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.53 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.53 profit in 3Q 2024). Revenue: NT$2.75b (up 7.8% from 3Q 2024). Net loss: NT$36.7m (down 108% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year.
Valuation Update With 7 Day Price Move • Sep 30Investor sentiment deteriorates as stock falls 30%After last week's 30% share price decline to NT$56.80, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Upcoming Dividend • Sep 23Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 30 September 2025. Payment date: 31 October 2025. The company last paid an ordinary dividend in September 2022. The average dividend yield among industry peers is 4.9%.
New Risk • Sep 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.90 (vs NT$0.88 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.90 (up from NT$0.88 in 2Q 2024). Revenue: NT$4.58b (up 75% from 2Q 2024). Net income: NT$605.3m (up 10% from 2Q 2024). Profit margin: 13% (down from 21% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 30% per year whereas the company’s share price has increased by 28% per year.
Board Change • Jul 28Less 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 not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hsiang-Chi Hu 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 • May 15First quarter 2025 earnings released: EPS: NT$0.10 (vs NT$1.02 in 1Q 2024)First quarter 2025 results: EPS: NT$0.10 (down from NT$1.02 in 1Q 2024). Revenue: NT$2.12b (down 8.8% from 1Q 2024). Net income: NT$61.6m (down 90% from 1Q 2024). Profit margin: 2.9% (down from 26% in 1Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01JSL Construction & Development Co., Ltd. to Report Q1, 2025 Results on May 12, 2025JSL Construction & Development Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
お知らせ • Apr 22JSL Construction & Development Co., Ltd. Announces Cash Dividend for the Year Ended December 31, 2024JSL Construction & Development Co., Ltd. announced Appropriations of earnings in cash dividends to shareholders of TWD 0.4 per share and Cash distributed from legal reserve and capital surplus to shareholders of TWD 0.6 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders is TWD 674,909,975.
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$84.90, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 138% over the past three years.
お知らせ • Apr 01JSL Construction & Development Co., Ltd. Appoints Guo,Yu-Fu as Independent Director, Effective from March 31, 2025JSL Construction & Development Co., Ltd. appointed GUO,YU-FU, General Manager of Marketing and Planning Department,LION TRAVEL SERVICE CO., LTD., as Independent director. Reason for the change: Supplementary election of an independent director. Effective date of the new appointment:2025/03/31.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$3.07 (vs NT$2.61 in FY 2023)Full year 2024 results: EPS: NT$3.07 (up from NT$2.61 in FY 2023). Revenue: NT$11.2b (up 38% from FY 2023). Net income: NT$1.90b (up 26% from FY 2023). Profit margin: 17% (down from 19% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 31% per year.
お知らせ • Apr 01JSL Construction & Development Co., Ltd. Appoints Guo,Yu-Fu as Member of Audit Committee, Effective from March 31, 2025JSL Construction & Development Co., Ltd. announced the change of members from the Company's Audit Committee. Name of the new position holder: GUO,YU-FU, General Manager of Marketing and Planning Department,LION TRAVEL SERVICE CO., LTD. Effective date of the new member:2025/03/31.
お知らせ • Mar 11JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2025JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2025. Location: 2 floor no,128, lung chiang rd., jhongshan district, taipei city Taiwan
お知らせ • Feb 27JSL Construction & Development Co., Ltd. to Report Fiscal Year 2024 Results on Mar 10, 2025JSL Construction & Development Co., Ltd. announced that they will report fiscal year 2024 results on Mar 10, 2025
分析記事 • Feb 14We Ran A Stock Scan For Earnings Growth And JSL Construction & Development (TWSE:2540) Passed With EaseFor 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 • Feb 12+ 1 more updateJSL Construction & Development Co., Ltd. Announces Change of Chief Internal AuditorJSL Construction & Development Co., Ltd. announced Change of Chief internal auditor. Name, title, and resume of the previous position holder: LIN,PEI CHUN/Chief internal auditor of The Company. Name, title, and resume of the new position holder: Chen,Wei-Yun/Internal audit of The Company. Effective date: February 11, 2025.
分析記事 • Dec 28JSL Construction & Development Co., Ltd.'s (TWSE:2540) Price In Tune With EarningsWith a price-to-earnings (or "P/E") ratio of 23.8x JSL Construction & Development Co., Ltd. ( TWSE:2540 ) may be...
分析記事 • Nov 23Additional Considerations Required While Assessing JSL Construction & Development's (TWSE:2540) Strong EarningsJSL Construction & Development Co., Ltd.'s ( TWSE:2540 ) robust earnings report didn't manage to move the market for...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.73 (vs NT$0.48 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.73 (up from NT$0.48 in 3Q 2023). Revenue: NT$2.55b (up 33% from 3Q 2023). Net income: NT$453.3m (up 63% from 3Q 2023). Profit margin: 18% (up from 14% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 16JSL Construction & Development Co., Ltd. Announces Change of the Legal RepresentativeJSL Construction & Development Co., Ltd. announced of the change of the company's legal representative. Name of legal person:Fengyun Advertising Co.,Ltd. 3.Name of the previous position holder:Ching-Tsai Chang. Resume of the previous position holder:General Manager of JSL CONSTRUCTION & DEVELOPMENT CO., LTD. Name of the new position holder:WANG,A-ZHENG. Resume of the new position holder:Vice President of Finance, Jaysanlyn Construction Co., Ltd. Reason for the change:Reassignment of legal representative. Effective date of the new appointment is November 15, 2024.
お知らせ • Nov 13JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering.JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Common Shares Security Type: Common Stock Securities Offered: 7,500,000 Security Name: Common Shares Security Type: Common Stock Securities Offered: 5,000,000 Security Name: Common Shares Security Type: Common Stock Securities Offered: 37,500,000 Transaction Features: Reserved Share Offering
お知らせ • Nov 12JSL Construction & Development Co., Ltd. announced that it expects to receive TWD 500 million in fundingJSL Construction & Development Co., Ltd. announced a private placement to issue 50,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 500,000,000 on November 11, 2024. The transaction has been approved by shareholders.
お知らせ • Oct 26JSL Construction & Development Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024JSL Construction & Development Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
分析記事 • Sep 05JSL Construction & Development Co., Ltd. (TWSE:2540) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedJSL Construction & Development Co., Ltd. ( TWSE:2540 ) shareholders would be excited to see that the share price has...
Upcoming Dividend • Sep 05Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 12 September 2024. Payment date: 18 October 2024. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (2.8%).
分析記事 • Aug 18Here's Why JSL Construction & Development (TWSE:2540) Has Caught The Eye Of InvestorsIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.32 (vs NT$0.78 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.32 (up from NT$0.78 in 2Q 2023). Revenue: NT$2.62b (up 31% from 2Q 2023). Net income: NT$548.8m (up 81% from 2Q 2023). Profit margin: 21% (up from 15% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Aug 14Dividend of NT$1.50 announcedShareholders will receive a dividend of NT$1.50. Ex-date: 12th September 2024 Payment date: 18th October 2024 Dividend yield will be 0.8%, which is lower than the industry average of 3.7%.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$167, the stock trades at a trailing P/E ratio of 35.3x. Average trailing P/E is 20x in the Real Estate industry in Taiwan. Total returns to shareholders of 483% over the past three years.
New Risk • Aug 02New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.7% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.7% average weekly change). High level of non-cash earnings (28% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.4% increase in shares outstanding).
お知らせ • Aug 02JSL Construction & Development Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024JSL Construction & Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$220, the stock trades at a trailing P/E ratio of 46.4x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 714% over the past three years.
分析記事 • Jun 24Subdued Growth No Barrier To JSL Construction & Development Co., Ltd. (TWSE:2540) With Shares Advancing 27%Despite an already strong run, JSL Construction & Development Co., Ltd. ( TWSE:2540 ) shares have been powering on...
分析記事 • Jun 17These 4 Measures Indicate That JSL Construction & Development (TWSE:2540) Is Using Debt ExtensivelyDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$186, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 598% over the past three years.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$1.53 (vs NT$0.39 in 1Q 2023)First quarter 2024 results: EPS: NT$1.53 (up from NT$0.39 in 1Q 2023). Revenue: NT$2.33b (up 55% from 1Q 2023). Net income: NT$600.9m (up 333% from 1Q 2023). Profit margin: 26% (up from 9.3% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 77% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$169, the stock trades at a trailing P/E ratio of 46.7x. Average trailing P/E is 25x in the Real Estate industry in Taiwan. Total returns to shareholders of 477% over the past three years.
分析記事 • Apr 26Optimistic Investors Push JSL Construction & Development Co., Ltd. (TWSE:2540) Shares Up 41% But Growth Is LackingJSL Construction & Development Co., Ltd. ( TWSE:2540 ) shareholders have had their patience rewarded with a 41% share...
Valuation Update With 7 Day Price Move • Apr 15Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$119, the stock trades at a trailing P/E ratio of 32.9x. Average trailing P/E is 21x in the Real Estate industry in Taiwan. Total returns to shareholders of 330% over the past three years.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$106, the stock trades at a trailing P/E ratio of 29.2x. Average trailing P/E is 20x in the Real Estate industry in Taiwan. Total returns to shareholders of 290% over the past three years.
New Risk • Mar 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.4% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. 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). High level of non-cash earnings (24% accrual ratio). Minor Risk Shareholders have been diluted in the past year (6.4% increase in shares outstanding).
分析記事 • Mar 29JSL Construction & Development's (TWSE:2540) Earnings Are Of Questionable QualityDespite posting some strong earnings, the market for JSL Construction & Development Co., Ltd.'s ( TWSE:2540 ) stock...
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$3.91 (vs NT$1.24 in FY 2022)Full year 2023 results: EPS: NT$3.91 (up from NT$1.24 in FY 2022). Revenue: NT$8.10b (up 71% from FY 2022). Net income: NT$1.51b (up 239% from FY 2022). Profit margin: 19% (up from 9.4% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 48% per year, which means it is well ahead of earnings.
お知らせ • Mar 16JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 28, 2024JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 28, 2024. Location: B2F., No.60, Xing'an St., Zhongshan Dist., Taipei City , Taiwan (R.O.C.) Taipei City Taiwan Agenda: To consider The 2023 business report; The 2023 audited report of the settled books by the Audit committee; The status report of the 2023 remuneration distributed to employees and directors; Report on remuneration paid to directors of 2023; The reports of guarantee by endorsement; Corporate Bond-secured (none) reporting; Other reporting details; and to discuss other matters.
分析記事 • Mar 11Risks To Shareholder Returns Are Elevated At These Prices For JSL Construction & Development Co., Ltd. (TWSE:2540)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 22x, you may consider JSL...
New Risk • Nov 15New 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 5.6% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (9.0% increase in shares outstanding).
お知らせ • Nov 11JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering.JSL Construction & Development Co., Ltd. has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 20,000,000 Transaction Features: Rights Offering
Valuation Update With 7 Day Price Move • Sep 15Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$81.70, the stock trades at a trailing P/E ratio of 41.1x. Average trailing P/E is 18x in the Real Estate industry in Taiwan. Total returns to shareholders of 239% over the past three years.
Upcoming Dividend • Sep 06Upcoming dividend of NT$1.50 per share at 2.2% yieldEligible shareholders must have bought the stock before 13 September 2023. Payment date: 17 October 2023. Payout ratio is a comfortable 68% but the company is not cash flow positive. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.4%).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$1.05 (vs NT$0.18 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.05 (up from NT$0.18 in 2Q 2022). Revenue: NT$2.00b (up 99% from 2Q 2022). Net income: NT$304.1m (up NT$254.8m from 2Q 2022). Profit margin: 15% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 62% per year, which means it is well ahead of earnings.
お知らせ • Jul 01JSL Construction & Development Co., Ltd. Approves the Board ChangesJSL Construction & Development Co., Ltd. approved the election of the board of directors. The company appointed Chu Yi, a Representative of Yangshanlin Advertising Co., Ltd. as director in the place of Mao-Yen Hsu, a Representative of Yi-Feng International Development Co., Ltd. Effective date of the new appointment is June 30, 2023.
Reported Earnings • Mar 30Full year 2022 earnings released: EPS: NT$1.67 (vs NT$4.26 in FY 2021)Full year 2022 results: EPS: NT$1.67 (down from NT$4.26 in FY 2021). Revenue: NT$4.73b (down 14% from FY 2021). Net income: NT$444.6m (down 61% from FY 2021). Profit margin: 9.4% (down from 21% 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 21% per year but the company’s share price has increased by 101% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$85.20, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 502% over the past three years.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). General Manager and Director Jingzai Zhang was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.16 (vs NT$0.49 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.16 (down from NT$0.49 in 3Q 2021). Revenue: NT$1.17b (up 4.8% from 3Q 2021). Net income: NT$41.5m (down 68% from 3Q 2021). Profit margin: 3.6% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$79.50, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 522% over the past three years.
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$95.50, the stock trades at a trailing P/E ratio of 27.7x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 682% over the past three years.
Valuation Update With 7 Day Price Move • Sep 22Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to NT$72.80, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 513% over the past three years.
Upcoming Dividend • Sep 12Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 19 September 2022. Payment date: 21 October 2022. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (6.1%).
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.31 (vs NT$0.30 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.31 (up from NT$0.30 in 2Q 2021). Revenue: NT$1.00b (down 5.7% from 2Q 2021). Net income: NT$49.4m (up 1.9% from 2Q 2021). Profit margin: 4.9% (up from 4.6% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.37 (vs NT$1.72 in 1Q 2021)First quarter 2022 results: EPS: NT$0.37 (down from NT$1.72 in 1Q 2021). Revenue: NT$1.12b (down 7.0% from 1Q 2021). Net income: NT$59.9m (down 78% from 1Q 2021). Profit margin: 5.4% (down from 23% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year whereas the company’s share price has increased by 69% per year.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 5 highly experienced directors. No independent directors (5 non-independent directors). General Manager and Director Jingzai Zhang was the last director to join the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$7.02 (vs NT$5.62 in FY 2020)Full year 2021 results: EPS: NT$7.02 (up from NT$5.62 in FY 2020). Revenue: NT$5.52b (up 16% from FY 2020). Net income: NT$1.13b (up 25% from FY 2020). Profit margin: 21% (up from 19% 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 71% per year whereas the company’s share price has increased by 76% per year.
お知らせ • Mar 23JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2022JSL Construction & Development Co., Ltd., Annual General Meeting, Jun 30, 2022.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 34% share price gain to NT$125, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 439% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.81 (vs NT$1.66 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.11b (down 31% from 3Q 2020). Net income: NT$130.8m (down 51% from 3Q 2020). Profit margin: 12% (down from 17% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 19Inaugural dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 October 2021. Payment date: 30 November 2021. This is the first dividend for JSL Construction & Development since going public. The average dividend yield among industry peers is 4.5%.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.99 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$1.06b (up 33% from 2Q 2020). Net income: NT$48.4m (down 67% from 2Q 2020). Profit margin: 4.6% (down from 18% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.89 (vs NT$0.96 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.20b (up 49% from 1Q 2020). Net income: NT$276.8m (up 97% from 1Q 2020). Profit margin: 23% (up from 17% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 81% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$66.70, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past three years.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$79.70, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 14x in the Real Estate industry in Taiwan. Total returns to shareholders of 166% over the past three years.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.18 (vs NT$1.38 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.78b (up 115% from FY 2019). Net income: NT$906.1m (up 347% from FY 2019). Profit margin: 19% (up from 9.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 29Is JSL Construction & Development (TPE:2540) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 22JSL Construction & Development Co., Ltd. (TPE:2540) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
分析記事 • Jan 18The JSL Construction & Development (TPE:2540) Share Price Is Up 183% And Shareholders Are Boasting About ItThe worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
分析記事 • Dec 14Does JSL Construction & Development (TPE:2540) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Dec 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$69.00, the stock is trading at a trailing P/E ratio of 15.4x, down from the previous P/E ratio of 18.2x. This compares to an average P/E of 16x in the Real Estate industry in Taiwan. Total returns to shareholders over the past three years are 223%.
Valuation Update With 7 Day Price Move • Dec 07Market bids up stock over the past weekAfter last week's 19% share price gain to NT$81.50, the stock is trading at a trailing P/E ratio of 18.2x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 17x in the Real Estate industry in Taiwan. Total returns to shareholders over the past three years are 279%.
Is New 90 Day High Low • Dec 04New 90-day high: NT$75.70The company is up 50% from its price of NT$50.30 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is up 5.0% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.83The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.62b (up 200% from 3Q 2019). Net income: NT$267.8m (up NT$229.3m from 3Q 2019). Profit margin: 17% (up from 7.1% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
