Founding Construction Development（5533）株式概要創業建設発展有限公司は、台湾で公共住宅や商業ビルの開発、賃貸、販売を行っている。 詳細5533 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績1/6財務の健全性5/6配当金2/6リスク分析過去5年間で収益は年間23.6%減少しました。 4.33%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない すべてのリスクチェックを見る5533 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$13.85447.4% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue NT$313.9mEarnings NT$46.5mAdvancedSet Fair ValueView all narrativesFounding Construction Development Corp. 競合他社Sunty DevelopmentSymbol: TWSE:3266Market cap: NT$4.3bLi Ming Development ConstructionSymbol: TPEX:6212Market cap: NT$2.8bShining Building BusinessLtdSymbol: TWSE:5531Market cap: NT$7.6bKee Tai PropertiesSymbol: TWSE:2538Market cap: NT$4.2b価格と性能株価の高値、安値、推移の概要Founding Construction Development過去の株価現在の株価NT$13.8552週高値NT$18.5052週安値NT$13.65ベータ0.111ヶ月の変化-4.15%3ヶ月変化-3.15%1年変化-24.52%3年間の変化-29.52%5年間の変化-13.71%IPOからの変化127.22%最新ニュースReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Declared Dividend • Jun 12Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 26th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2024). Revenue: NT$346.2m (up 41% from 1Q 2024). Net income: NT$31.6m (down 27% from 1Q 2024). Profit margin: 9.1% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.お知らせ • May 03Founding Construction Development Corp. to Report Q1, 2025 Results on May 12, 2025Founding Construction Development Corp. announced that they will report Q1, 2025 results on May 12, 2025Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to NT$17.45. The fair value is estimated to be NT$14.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Earnings per share has declined by 43%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.05, 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 loss to shareholders of 5.3% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.48 (vs NT$3.12 in FY 2023)Full year 2024 results: EPS: NT$1.48 (down from NT$3.12 in FY 2023). Revenue: NT$2.24b (down 41% from FY 2023). Net income: NT$423.0m (down 53% from FY 2023). Profit margin: 19% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025, at 09:00 Taipei Standard Time. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwanお知らせ • Mar 11Founding Construction Development Corp. Proposes Cash Dividend for the Year Ended December 31, 2024Founding Construction Development Corp. proposed cash dividends to shareholders of TWD 1 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 285,244,944. Date of the board of directors resolution: March 10, 2025. Par value of common stock: TWD 10.お知らせ • Mar 01Founding Construction Development Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Founding Construction Development Corp. announced that they will report fiscal year 2024 results on Mar 10, 2025Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.89 (up from NT$0.69 in 3Q 2023). Revenue: NT$1.19b (up 36% from 3Q 2023). Net income: NT$255.0m (up 29% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$20.05. The fair value is estimated to be NT$25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 14%.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.81 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (down from NT$0.81 in 2Q 2023). Revenue: NT$204.0m (down 81% from 2Q 2023). Net income: NT$30.7m (down 87% from 2Q 2023). Profit margin: 15% (down from 22% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 12Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$22.15. The fair value is estimated to be NT$18.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has grown by 3.0%.お知らせ • Aug 03Founding Construction Development Corp. to Report Q2, 2024 Results on Aug 12, 2024Founding Construction Development Corp. announced that they will report Q2, 2024 results on Aug 12, 2024分析記事 • Jun 23Founding Construction Development (TWSE:5533) Has Affirmed Its Dividend Of NT$1.20The board of Founding Construction Development Corp. ( TWSE:5533 ) has announced that it will pay a dividend on the 2nd...Declared Dividend • Jun 22Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (down from NT$1.30 in 1Q 2023). Revenue: NT$245.7m (down 83% from 1Q 2023). Net income: NT$43.3m (down 88% from 1Q 2023). Profit margin: 18% (down from 26% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 05Founding Construction Development Corp. to Report Q1, 2024 Results on May 13, 2024Founding Construction Development Corp. announced that they will report Q1, 2024 results on May 13, 2024分析記事 • Apr 26Investors Continue Waiting On Sidelines For Founding Construction Development Corp. (TWSE:5533)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 24x, you may consider...お知らせ • Mar 26Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024.分析記事 • Mar 21Investors Can Find Comfort In Founding Construction Development's (TWSE:5533) Earnings QualityThe most recent earnings report from Founding Construction Development Corp. ( TWSE:5533 ) was disappointing for...Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.12 (vs NT$3.56 in FY 2022)Full year 2023 results: EPS: NT$3.12 (down from NT$3.56 in FY 2022). Revenue: NT$3.76b (down 22% from FY 2022). Net income: NT$889.5m (down 12% from FY 2022). Profit margin: 24% (up from 21% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 15Founding Construction Development Corp. Proposes Cash Dividends for the Year Ended December 31, 2023Founding Construction Development Corp. announced the board of directors proposed cash dividends of TWD 1.2 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders is TWD 342,293,933.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 77% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.68 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.68 in 3Q 2022). Revenue: NT$879.8m (up 20% from 3Q 2022). Net income: NT$197.6m (up 2.1% from 3Q 2022). Profit margin: 23% (down from 26% in 3Q 2022). The decrease in margin was 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 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.69 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (up from NT$0.69 in 2Q 2022). Revenue: NT$1.06b (down 43% from 2Q 2022). Net income: NT$232.4m (up 17% from 2Q 2022). Profit margin: 22% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of NT$1.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.2%).Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$3.56 (vs NT$3.72 in FY 2021)Full year 2022 results: EPS: NT$3.56 (down from NT$3.72 in FY 2021). Revenue: NT$4.82b (up 28% from FY 2021). Net income: NT$1.01b (down 4.4% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.69 (up from NT$0.69 in 2Q 2021). Revenue: NT$1.87b (up 102% from 2Q 2021). Net income: NT$198.0m (flat on 2Q 2021). Profit margin: 11% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (5.2%).Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$2.14 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$2.14 (up from NT$0.39 in 1Q 2021). Revenue: NT$2.01b (up 187% from 1Q 2021). Net income: NT$610.6m (up 445% from 1Q 2021). Profit margin: 30% (up from 16% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung 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 • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.72 (up from NT$0.85 in FY 2020). Revenue: NT$3.77b (down 1.6% from FY 2020). Net income: NT$1.06b (up 337% from FY 2020). Profit margin: 28% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. 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 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 65% from 3Q 2020). Net income: NT$109.0m (up 165% from 3Q 2020). Profit margin: 11% (up from 6.7% 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 29% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.34 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$922.4m (down 35% from 2Q 2020). Net income: NT$196.4m (up 100% from 2Q 2020). Profit margin: 21% (up from 6.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Jun 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 09 July 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.0%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.11 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$701.6m (up 188% from 1Q 2020). Net income: NT$112.1m (up NT$142.4m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.分析記事 • Apr 20Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 19If You Had Bought Founding Construction & Development (TPE:5533) Stock A Year Ago, You Could Pocket A 20% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...お知らせ • Mar 19Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021.Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$0.85 (vs NT$0.33 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.83b (up 135% from FY 2019). Net income: NT$242.8m (up 157% from FY 2019). Profit margin: 6.3% (up from 5.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 09New 90-day high: NT$16.55The company is up 3.0% from its price of NT$16.00 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 3.0% over the same period.分析記事 • Feb 15Should You Buy Founding Construction & Development Co., Ltd. (TPE:5533) For Its Dividend?Today we'll take a closer look at Founding Construction & Development Co., Ltd. ( TPE:5533 ) from a dividend investor's...分析記事 • Jan 11These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.14The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$612.7m (up 61% from 3Q 2019). Net income: NT$41.1m (up 151% from 3Q 2019). Profit margin: 6.7% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 19New 90-day high: NT$16.50The company is up 3.0% from its price of NT$15.95 on 21 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.株主還元5533TW Real EstateTW 市場7D-0.7%-1.1%-3.5%1Y-24.5%-21.1%83.0%株主還元を見る業界別リターン: 5533過去 1 年間で-21.1 % 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: 5533は、過去 1 年間で83 % のリターンを上げたTW市場を下回りました。価格変動Is 5533's price volatile compared to industry and market?5533 volatility5533 Average Weekly Movement1.6%Real Estate Industry Average Movement3.4%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: 5533 、 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: 5533の 週次ボラティリティ ( 2% ) 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1991n/aLo-Fang Tsaowww.founding.com.tw創業建設発展有限公司は、台湾で公共住宅や商業ビルの開発、賃貸、販売を行っている。建築事業、建設事業、ホスピタリティ事業を行っている。また、建設資材や機械の売買、内装などの設計・施工にも携わっている。さらに、土木建設、建築工事および関連事業、ケータリング・レストラン、一般ホテル事業の運営と投資、一般投資事業にも従事している。創業建設発展有限公司は1991年に設立され、台湾の台北市に本社を置く。もっと見るFounding Construction Development Corp. 基礎のまとめFounding Construction Development の収益と売上を時価総額と比較するとどうか。5533 基礎統計学時価総額NT$3.95b収益（TTM）NT$171.83m売上高(TTM)NT$1.16b23.0xPER（株価収益率3.4xP/Sレシオ5533 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5533 損益計算書（TTM）収益NT$1.16b売上原価NT$821.06m売上総利益NT$339.66mその他の費用NT$167.83m収益NT$171.83m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29.26%純利益率14.80%有利子負債／自己資本比率15.6%5533 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4.3%現在の配当利回り100%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2026/05/21 17:38終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Founding Construction Development Corp. 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。1 アナリスト機関Frank LinKGI Securities Co. Ltd.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jun 12Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 26th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2024). Revenue: NT$346.2m (up 41% from 1Q 2024). Net income: NT$31.6m (down 27% from 1Q 2024). Profit margin: 9.1% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
お知らせ • May 03Founding Construction Development Corp. to Report Q1, 2025 Results on May 12, 2025Founding Construction Development Corp. announced that they will report Q1, 2025 results on May 12, 2025
Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to NT$17.45. The fair value is estimated to be NT$14.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Earnings per share has declined by 43%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.05, 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 loss to shareholders of 5.3% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.48 (vs NT$3.12 in FY 2023)Full year 2024 results: EPS: NT$1.48 (down from NT$3.12 in FY 2023). Revenue: NT$2.24b (down 41% from FY 2023). Net income: NT$423.0m (down 53% from FY 2023). Profit margin: 19% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025, at 09:00 Taipei Standard Time. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
お知らせ • Mar 11Founding Construction Development Corp. Proposes Cash Dividend for the Year Ended December 31, 2024Founding Construction Development Corp. proposed cash dividends to shareholders of TWD 1 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 285,244,944. Date of the board of directors resolution: March 10, 2025. Par value of common stock: TWD 10.
お知らせ • Mar 01Founding Construction Development Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Founding Construction Development Corp. announced that they will report fiscal year 2024 results on Mar 10, 2025
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.89 (up from NT$0.69 in 3Q 2023). Revenue: NT$1.19b (up 36% from 3Q 2023). Net income: NT$255.0m (up 29% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$20.05. The fair value is estimated to be NT$25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 14%.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.81 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (down from NT$0.81 in 2Q 2023). Revenue: NT$204.0m (down 81% from 2Q 2023). Net income: NT$30.7m (down 87% from 2Q 2023). Profit margin: 15% (down from 22% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 12Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$22.15. The fair value is estimated to be NT$18.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has grown by 3.0%.
お知らせ • Aug 03Founding Construction Development Corp. to Report Q2, 2024 Results on Aug 12, 2024Founding Construction Development Corp. announced that they will report Q2, 2024 results on Aug 12, 2024
分析記事 • Jun 23Founding Construction Development (TWSE:5533) Has Affirmed Its Dividend Of NT$1.20The board of Founding Construction Development Corp. ( TWSE:5533 ) has announced that it will pay a dividend on the 2nd...
Declared Dividend • Jun 22Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (down from NT$1.30 in 1Q 2023). Revenue: NT$245.7m (down 83% from 1Q 2023). Net income: NT$43.3m (down 88% from 1Q 2023). Profit margin: 18% (down from 26% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 05Founding Construction Development Corp. to Report Q1, 2024 Results on May 13, 2024Founding Construction Development Corp. announced that they will report Q1, 2024 results on May 13, 2024
分析記事 • Apr 26Investors Continue Waiting On Sidelines For Founding Construction Development Corp. (TWSE:5533)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 24x, you may consider...
お知らせ • Mar 26Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024.
分析記事 • Mar 21Investors Can Find Comfort In Founding Construction Development's (TWSE:5533) Earnings QualityThe most recent earnings report from Founding Construction Development Corp. ( TWSE:5533 ) was disappointing for...
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.12 (vs NT$3.56 in FY 2022)Full year 2023 results: EPS: NT$3.12 (down from NT$3.56 in FY 2022). Revenue: NT$3.76b (down 22% from FY 2022). Net income: NT$889.5m (down 12% from FY 2022). Profit margin: 24% (up from 21% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 15Founding Construction Development Corp. Proposes Cash Dividends for the Year Ended December 31, 2023Founding Construction Development Corp. announced the board of directors proposed cash dividends of TWD 1.2 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders is TWD 342,293,933.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 77% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.68 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.68 in 3Q 2022). Revenue: NT$879.8m (up 20% from 3Q 2022). Net income: NT$197.6m (up 2.1% from 3Q 2022). Profit margin: 23% (down from 26% in 3Q 2022). The decrease in margin was 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 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.69 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (up from NT$0.69 in 2Q 2022). Revenue: NT$1.06b (down 43% from 2Q 2022). Net income: NT$232.4m (up 17% from 2Q 2022). Profit margin: 22% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of NT$1.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.2%).
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$3.56 (vs NT$3.72 in FY 2021)Full year 2022 results: EPS: NT$3.56 (down from NT$3.72 in FY 2021). Revenue: NT$4.82b (up 28% from FY 2021). Net income: NT$1.01b (down 4.4% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.69 (up from NT$0.69 in 2Q 2021). Revenue: NT$1.87b (up 102% from 2Q 2021). Net income: NT$198.0m (flat on 2Q 2021). Profit margin: 11% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (5.2%).
Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$2.14 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$2.14 (up from NT$0.39 in 1Q 2021). Revenue: NT$2.01b (up 187% from 1Q 2021). Net income: NT$610.6m (up 445% from 1Q 2021). Profit margin: 30% (up from 16% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung 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 • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.72 (up from NT$0.85 in FY 2020). Revenue: NT$3.77b (down 1.6% from FY 2020). Net income: NT$1.06b (up 337% from FY 2020). Profit margin: 28% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. 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 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 65% from 3Q 2020). Net income: NT$109.0m (up 165% from 3Q 2020). Profit margin: 11% (up from 6.7% 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 29% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.34 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$922.4m (down 35% from 2Q 2020). Net income: NT$196.4m (up 100% from 2Q 2020). Profit margin: 21% (up from 6.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Jun 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 09 July 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.0%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.11 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$701.6m (up 188% from 1Q 2020). Net income: NT$112.1m (up NT$142.4m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 20Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 19If You Had Bought Founding Construction & Development (TPE:5533) Stock A Year Ago, You Could Pocket A 20% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...
お知らせ • Mar 19Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$0.85 (vs NT$0.33 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.83b (up 135% from FY 2019). Net income: NT$242.8m (up 157% from FY 2019). Profit margin: 6.3% (up from 5.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 09New 90-day high: NT$16.55The company is up 3.0% from its price of NT$16.00 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 3.0% over the same period.
分析記事 • Feb 15Should You Buy Founding Construction & Development Co., Ltd. (TPE:5533) For Its Dividend?Today we'll take a closer look at Founding Construction & Development Co., Ltd. ( TPE:5533 ) from a dividend investor's...
分析記事 • Jan 11These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.14The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$612.7m (up 61% from 3Q 2019). Net income: NT$41.1m (up 151% from 3Q 2019). Profit margin: 6.7% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 19New 90-day high: NT$16.50The company is up 3.0% from its price of NT$15.95 on 21 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.
