View Past PerformanceSinyi Realty バランスシートの健全性財務の健全性 基準チェック /66Sinyi Realtyの総株主資本はNT$13.4B 、総負債はNT$9.7Bで、負債比率は72.6%となります。総資産と総負債はそれぞれNT$30.8BとNT$17.4Bです。 Sinyi Realtyの EBIT はNT$601.3Mで、利息カバレッジ比率288.4です。現金および短期投資はNT$6.2Bです。主要情報72.62%負債資本比率NT$9.74b負債インタレスト・カバレッジ・レシオ288.4x現金NT$6.16bエクイティNT$13.41b負債合計NT$17.35b総資産NT$30.77b財務の健全性に関する最新情報分析記事 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.22 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.22 (up from NT$0.12 in 1Q 2025). Revenue: NT$2.88b (up 30% from 1Q 2025). Net income: NT$159.6m (up 76% from 1Q 2025). Profit margin: 5.5% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.5% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 22%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.28 (vs NT$2.42 in FY 2024)Full year 2025 results: EPS: NT$0.28 (down from NT$2.42 in FY 2024). Revenue: NT$11.5b (down 10% from FY 2024). Net income: NT$204.6m (down 89% from FY 2024). Profit margin: 1.8% (down from 14% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 50% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 24% 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.お知らせ • Mar 02Sinyi Realty Inc., Annual General Meeting, May 18, 2026Sinyi Realty Inc., Annual General Meeting, May 18, 2026, at 09:30 Taipei Standard Time. Location: no,187, chin hua st., da-an district, taipei city TaiwanReported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.55 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.12 (down from NT$0.55 in 3Q 2024). Revenue: NT$2.30b (down 22% from 3Q 2024). Net income: NT$86.7m (down 79% from 3Q 2024). Profit margin: 3.8% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 61% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). Dividend is not well covered by earnings and cash flows. Payout ratio: 469% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 2.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 224% Dividend per share is over 15x cash flows per share. Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).Reported Earnings • Jul 30Second quarter 2025 earnings released: NT$0.17 loss per share (vs NT$0.92 profit in 2Q 2024)Second quarter 2025 results: NT$0.17 loss per share (down from NT$0.92 profit in 2Q 2024). Revenue: NT$2.29b (down 47% from 2Q 2024). Net loss: NT$122.6m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 60% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Jun 06Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).Declared Dividend • May 23Dividend increased to NT$1.80Dividend of NT$1.80 is 13% higher than last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (160% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.1% to bring the payout ratio under control, which is less than the 10% EPS growth achieved over the last 5 years.お知らせ • May 22Sinyi Realty Inc. Elects Lin, Wen-Jeng and Chen, Shu-Chuan as Independent DirectorSinyi Realty Inc. at its AGM held on May 21, 2025, elected Directors of the 15th term Board of Directors are: Independent director: Lin, Wen-Jeng; Independent director: Chen, Shu-Chuan.New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 160% Dividend yield: 6.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.62 in 1Q 2024). Revenue: NT$2.21b (down 30% from 1Q 2024). Net income: NT$90.7m (down 80% from 1Q 2024). Profit margin: 4.1% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.お知らせ • Apr 19Sinyi Realty Inc. to Report Q1, 2025 Results on Apr 28, 2025Sinyi Realty Inc. announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 01Full year 2024 earnings released: EPS: NT$2.42 (vs NT$2.39 in FY 2023)Full year 2024 results: EPS: NT$2.42 (up from NT$2.39 in FY 2023). Revenue: NT$12.8b (down 10.0% from FY 2023). Net income: NT$1.78b (up 1.3% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.お知らせ • Feb 27Sinyi Realty Inc., Annual General Meeting, May 21, 2025Sinyi Realty Inc., Annual General Meeting, May 21, 2025. Location: no,187, chin hua st., da-an district, taipei city Taiwanお知らせ • Feb 19Sinyi Realty Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025Sinyi Realty Inc. announced that they will report fiscal year 2024 results on Feb 26, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.55 (up from NT$0.47 in 3Q 2023). Revenue: NT$2.96b (down 1.4% from 3Q 2023). Net income: NT$405.4m (up 18% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Oct 19Sinyi Realty Inc. to Report Q3, 2024 Results on Oct 28, 2024Sinyi Realty Inc. announced that they will report Q3, 2024 results on Oct 28, 2024Buy Or Sell Opportunity • Aug 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$32.90. The fair value is estimated to be NT$41.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to NT$31.80. The fair value is estimated to be NT$42.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.69 in 2Q 2023). Revenue: NT$4.29b (up 23% from 2Q 2023). Net income: NT$678.5m (up 33% from 2Q 2023). Profit margin: 16% (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 fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Jul 23Sinyi Realty Inc. to Report Q2, 2024 Results on Jul 30, 2024Sinyi Realty Inc. announced that they will report Q2, 2024 results on Jul 30, 2024分析記事 • May 29Sinyi Realty's (TWSE:9940) Upcoming Dividend Will Be Larger Than Last Year'sSinyi Realty Inc.'s ( TWSE:9940 ) dividend will be increasing from last year's payment of the same period to NT$1.60 on...Declared Dividend • May 24Dividend of NT$1.60 announcedShareholders will receive a dividend of NT$1.60. Ex-date: 7th June 2024 Payment date: 5th July 2024 Dividend yield will be 4.9%, 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 (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.68 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (down from NT$0.68 in 1Q 2023). Revenue: NT$3.14b (down 27% from 1Q 2023). Net income: NT$458.9m (down 8.4% from 1Q 2023). Profit margin: 15% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. 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 2% per year, which means it is well ahead of earnings.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$2.39 (vs NT$1.66 in FY 2022)Full year 2023 results: EPS: NT$2.39 (up from NT$1.66 in FY 2022). Revenue: NT$14.2b (up 3.5% from FY 2022). Net income: NT$1.76b (up 44% from FY 2022). Profit margin: 12% (up from 8.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27Sinyi Realty Inc., Annual General Meeting, May 22, 2024Sinyi Realty Inc., Annual General Meeting, May 22, 2024, at 09:30 Taipei Standard Time. Location: Center for Public and Business Administration Education, No.187, Jinhua St., Daan District, Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Proposal of the proportion of employee compensation and directors remuneration for the year ended December 31, 2023; to consider Report on Audit Committee's review of 2023 business report, financial statements of 2023 and proposal for 2023 earnings distribution; to consider Report on Audit Committee's communications with the chief internal auditor; to consider Report on the implementation of Sustainability Development Plans; to consider Report on operation of the Board of Directors and Functional Committees for 2023; to consider Report on 2023 Annual Director's Remuneration; to consider Report on 2023 related-party transactions which are not related to the Company's operating activities; and to consider other matters.Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.46 (up from NT$0.27 in 3Q 2022). Revenue: NT$3.00b (flat on 3Q 2022). Net income: NT$342.5m (up 73% from 3Q 2022). Profit margin: 11% (up from 6.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Oct 29+ 1 more updateSinyi Realty Inc. Appoints Chou, Ken-Yu as ChairpersonSinyi Realty Inc. appointed Chou, Ken-Yu as chairperson. Effective date of the new appointment is October 27, 2023.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.69 (up from NT$0.42 in 2Q 2022). Revenue: NT$3.48b (up 6.0% from 2Q 2022). Net income: NT$510.4m (up 63% from 2Q 2022). Profit margin: 15% (up from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • May 30Upcoming dividend of NT$1.20 per share at 4.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.4%).お知らせ • May 19Sinyi Realty Inc. Approves Cash Dividends for 2022, Payable on July 6, 2023Sinyi Realty Inc. announced shareholders' meeting approved distribution of cash dividends for 2022 was TWD 884,215,800 or TWD 1.2 per share. EX-rights (ex-dividend) trading date is June 6, 2023. Ex-rights (ex-dividend) record date is June 12, 2023. Payment date of cash dividend distribution on July 6, 2023.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.65 in 1Q 2022)First quarter 2023 results: EPS: NT$0.68 (up from NT$0.65 in 1Q 2022). Revenue: NT$4.33b (up 14% from 1Q 2022). Net income: NT$501.1m (up 4.9% from 1Q 2022). Profit margin: 12% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% 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 • Feb 23Full year 2022 earnings released: EPS: NT$1.66 (vs NT$3.19 in FY 2021)Full year 2022 results: EPS: NT$1.66 (down from NT$3.19 in FY 2021). Revenue: NT$13.7b (down 27% from FY 2021). Net income: NT$1.22b (down 48% from FY 2021). Profit margin: 8.9% (down from 13% 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.98 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (down from NT$0.98 in 3Q 2021). Revenue: NT$2.97b (down 45% from 3Q 2021). Net income: NT$198.5m (down 73% from 3Q 2021). Profit margin: 6.7% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Sep 28Sinyi Realty Inc. Appoints Chou, Ken-Yu as Vice Chairperson of the Board of DirectorsSinyi Realty Inc. announced that at the board meeting held on September 27, 2022 approved the appointment of Chou, Ken-yu as vice chairperson of the Board of Directors. Effective date of the new appointment is September 27, 2022.お知らせ • Jul 27Sinyi Realty Inc. Announces Management ChangesSinyi Realty Inc. announced the change to the principal accounting officer of the company. Date of occurrence of the change is July 26, 2022. Name, title, and resume of the previous position holder: Lin Chiu-Chin Senior Manager of Accounting Department. Name, title, and resume of the new position holder: Wu Hsiao Chen Senior Manager of Accounting Department. Type of the change: position adjustment. Reason for the change: position adjustment. Effective date is July 26, 2022.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$0.67 in 2Q 2021). Revenue: NT$3.28b (down 20% from 2Q 2021). Net income: NT$313.5m (down 36% from 2Q 2021). Profit margin: 9.5% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jun 22Sinyi Realty Inc. Announces CFO ChangesSinyi Realty Inc. at its Board of Directors on the 21 June 2022 approved CFO Changes. Name, title, and resume of the previous position holder: Wang, Jun-Yen, Vice General Manager of the Company. Name, title, and resume of the new position holder: Chen, Chih-Huan, the senior manager of Finance Department. Reason for the change: New replacement. Effective date is 21 June 2022.お知らせ • Jun 07Sinyi Realty Inc. Announces Executive ChangesSinyi Realty Inc. announced name of previous position holder Chueh, Chien-Ping, Chairperson. Resume of the previous position holder: Chairperson:Chueh, Chien-Ping, the Company's Chairperson. Reason for the change: term expired. Effective date of the new appointment is May 19, 2022. Any other matters that need to be specified:Mr. Liu, Yuan-chih was appointed to be the representative of Sinyi Co. Ltd. to execute its Chairperson's duty.お知らせ • Jun 01Sinyi Realty Inc. Announces the Resignation of Wang, Jun-Yen as Chief Financial OfficerSinyi Realty Inc. announced the resignation of Wang, Jun-Yen as Chief Financial Officer of the company with effect from May 31, 2022.Upcoming Dividend • Jun 01Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 07 July 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 8.0%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.2%).お知らせ • May 20+ 1 more updateSinyi Realty Inc. Approves Change of ChairpersonSinyi Realty Inc. approved the appointment of Liu, Yuan-chih as chairperson of the 14th term Board of Directors, in place of Chueh, Chien-Ping, effective from May 19, 2022.Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.65 (up from NT$0.62 in 1Q 2021). Revenue: NT$3.78b (up 4.4% from 1Q 2021). Net income: NT$477.7m (up 3.8% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 28Sinyi Realty Inc., Annual General Meeting, May 19, 2022Sinyi Realty Inc., Annual General Meeting, May 19, 2022, at 09:30 Taipei Standard Time. Location: NTUH International Convention Center No.2 XuZhou Road Taipei Taiwan Agenda: To consider report on the Business of 2020; to consider report on the Profit Sharing to the Company's Employees and Directors' Compensation of 2020; to consider report on Audit Committee's Review of the Business Report, Financial Statements and Earnings Distribution Proposal of 2020; to consider report on Audit Committee's Communication with the Internal Control Officer; to consider report on Concrete Promotion Plans for Corporate Social Responsibility Programs; to consider report on Amendments to the Company's "Ethical Corporate Management Best Practice Principles"; dn to discuss other matters.Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.19 (up from NT$2.11 in FY 2020). Revenue: NT$13.3b (up 1.8% from FY 2020). Net income: NT$2.35b (up 51% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.98 (vs NT$0.76 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.37b (up 47% from 3Q 2020). Net income: NT$725.4m (up 30% from 3Q 2020). Profit margin: 14% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% 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 03Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 07 July 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (5.1%).お知らせ • May 25Sinyi Realty Inc. Announces Cash Dividend for the Year 2020, Payable on July 7, 2021Sinyi Realty Inc. announced Cash dividend of TWD 1.7 per share for 2020. Record date is June 16, 2021, Ex-rights (ex-dividend) trading date is June 10, 2021 and cash dividend is paid on July 7, 2021.Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.62b (up 66% from 1Q 2020). Net income: NT$460.0m (up NT$421.4m from 1Q 2020). Profit margin: 13% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.Is New 90 Day High Low • Mar 03New 90-day high: NT$30.05The company is up 1.0% from its price of NT$29.85 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.11 (vs NT$1.71 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$11.0b (down 11% from FY 2019). Net income: NT$1.55b (up 23% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Feb 26Sinyi Realty Inc., Annual General Meeting, May 21, 2021Sinyi Realty Inc., Annual General Meeting, May 21, 2021. Location: NTUH International Convention Center Taipei Taiwan Agenda: To consider the 2020 Business Report; to consider proposal of the proportion of employee compensation and directors compensation for the year ended December 31, 2020; to consider report on Audit Committee's review of 2020 business report, financial statements of 2020 and proposal for 2020 earnings distribution; to consider report on Audit Committee's communications with the chief internal auditor; to consider report on concrete promotion plans for corporate social responsibility programs; and to consider other matters.Is New 90 Day High Low • Jan 20New 90-day low: NT$28.00The company is down 2.0% from its price of NT$28.50 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.分析記事 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Nov 30New 90-day high: NT$30.60The company is up 3.0% from its price of NT$29.60 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period.分析記事 • Nov 26Shareholders Of Sinyi Realty (TPE:9940) Must Be Happy With Their 53% ReturnThe main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$1.20b, down 35% from the prior year. Total revenue was NT$12.1b over the last 12 months, down 18% from the prior year.財務状況分析短期負債: 9940の 短期資産 ( NT$16.3B ) が 短期負債 ( NT$4.2B ) を超えています。長期負債: 9940の短期資産 ( NT$16.3B ) が 長期負債 ( NT$13.1B ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: 9940の 純負債対資本比率 ( 26.7% ) は 満足できる 水準であると考えられます。負債の削減: 9940の負債対資本比率は、過去 5 年間で80.3%から72.6%に減少しました。債務返済能力: 9940の負債は 営業キャッシュフロー によって 十分にカバー されています ( 26.2% )。インタレストカバレッジ: 9940の負債に対する 利息支払い は EBIT ( 288.4 x coverage) によって 十分にカバーされています。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YReal-estate-management-and-development 業界の健全な企業。View Dividend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2026/05/18 16:38終値2026/05/18 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Sinyi Realty Inc. 1 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。5 アナリスト機関Frank LinKGI Securities Co. Ltd.David LiaoMacquarie ResearchMandy HsiehSinoPac Securities Investment Service2 その他のアナリストを表示
分析記事 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.22 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.22 (up from NT$0.12 in 1Q 2025). Revenue: NT$2.88b (up 30% from 1Q 2025). Net income: NT$159.6m (up 76% from 1Q 2025). Profit margin: 5.5% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.5% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 22%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.28 (vs NT$2.42 in FY 2024)Full year 2025 results: EPS: NT$0.28 (down from NT$2.42 in FY 2024). Revenue: NT$11.5b (down 10% from FY 2024). Net income: NT$204.6m (down 89% from FY 2024). Profit margin: 1.8% (down from 14% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 50% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 24% 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.
お知らせ • Mar 02Sinyi Realty Inc., Annual General Meeting, May 18, 2026Sinyi Realty Inc., Annual General Meeting, May 18, 2026, at 09:30 Taipei Standard Time. Location: no,187, chin hua st., da-an district, taipei city Taiwan
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.55 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.12 (down from NT$0.55 in 3Q 2024). Revenue: NT$2.30b (down 22% from 3Q 2024). Net income: NT$86.7m (down 79% from 3Q 2024). Profit margin: 3.8% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 61% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.
New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). Dividend is not well covered by earnings and cash flows. Payout ratio: 469% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 2.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 224% Dividend per share is over 15x cash flows per share. Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).
Reported Earnings • Jul 30Second quarter 2025 earnings released: NT$0.17 loss per share (vs NT$0.92 profit in 2Q 2024)Second quarter 2025 results: NT$0.17 loss per share (down from NT$0.92 profit in 2Q 2024). Revenue: NT$2.29b (down 47% from 2Q 2024). Net loss: NT$122.6m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 60% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Jun 06Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).
Declared Dividend • May 23Dividend increased to NT$1.80Dividend of NT$1.80 is 13% higher than last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (160% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.1% to bring the payout ratio under control, which is less than the 10% EPS growth achieved over the last 5 years.
お知らせ • May 22Sinyi Realty Inc. Elects Lin, Wen-Jeng and Chen, Shu-Chuan as Independent DirectorSinyi Realty Inc. at its AGM held on May 21, 2025, elected Directors of the 15th term Board of Directors are: Independent director: Lin, Wen-Jeng; Independent director: Chen, Shu-Chuan.
New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 160% Dividend yield: 6.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.62 in 1Q 2024). Revenue: NT$2.21b (down 30% from 1Q 2024). Net income: NT$90.7m (down 80% from 1Q 2024). Profit margin: 4.1% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.
お知らせ • Apr 19Sinyi Realty Inc. to Report Q1, 2025 Results on Apr 28, 2025Sinyi Realty Inc. announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: NT$2.42 (vs NT$2.39 in FY 2023)Full year 2024 results: EPS: NT$2.42 (up from NT$2.39 in FY 2023). Revenue: NT$12.8b (down 10.0% from FY 2023). Net income: NT$1.78b (up 1.3% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
お知らせ • Feb 27Sinyi Realty Inc., Annual General Meeting, May 21, 2025Sinyi Realty Inc., Annual General Meeting, May 21, 2025. Location: no,187, chin hua st., da-an district, taipei city Taiwan
お知らせ • Feb 19Sinyi Realty Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025Sinyi Realty Inc. announced that they will report fiscal year 2024 results on Feb 26, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.55 (up from NT$0.47 in 3Q 2023). Revenue: NT$2.96b (down 1.4% from 3Q 2023). Net income: NT$405.4m (up 18% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 19Sinyi Realty Inc. to Report Q3, 2024 Results on Oct 28, 2024Sinyi Realty Inc. announced that they will report Q3, 2024 results on Oct 28, 2024
Buy Or Sell Opportunity • Aug 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$32.90. The fair value is estimated to be NT$41.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.
Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to NT$31.80. The fair value is estimated to be NT$42.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.69 in 2Q 2023). Revenue: NT$4.29b (up 23% from 2Q 2023). Net income: NT$678.5m (up 33% from 2Q 2023). Profit margin: 16% (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 fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Jul 23Sinyi Realty Inc. to Report Q2, 2024 Results on Jul 30, 2024Sinyi Realty Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
分析記事 • May 29Sinyi Realty's (TWSE:9940) Upcoming Dividend Will Be Larger Than Last Year'sSinyi Realty Inc.'s ( TWSE:9940 ) dividend will be increasing from last year's payment of the same period to NT$1.60 on...
Declared Dividend • May 24Dividend of NT$1.60 announcedShareholders will receive a dividend of NT$1.60. Ex-date: 7th June 2024 Payment date: 5th July 2024 Dividend yield will be 4.9%, 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 (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.68 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (down from NT$0.68 in 1Q 2023). Revenue: NT$3.14b (down 27% from 1Q 2023). Net income: NT$458.9m (down 8.4% from 1Q 2023). Profit margin: 15% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. 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 2% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$2.39 (vs NT$1.66 in FY 2022)Full year 2023 results: EPS: NT$2.39 (up from NT$1.66 in FY 2022). Revenue: NT$14.2b (up 3.5% from FY 2022). Net income: NT$1.76b (up 44% from FY 2022). Profit margin: 12% (up from 8.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27Sinyi Realty Inc., Annual General Meeting, May 22, 2024Sinyi Realty Inc., Annual General Meeting, May 22, 2024, at 09:30 Taipei Standard Time. Location: Center for Public and Business Administration Education, No.187, Jinhua St., Daan District, Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Proposal of the proportion of employee compensation and directors remuneration for the year ended December 31, 2023; to consider Report on Audit Committee's review of 2023 business report, financial statements of 2023 and proposal for 2023 earnings distribution; to consider Report on Audit Committee's communications with the chief internal auditor; to consider Report on the implementation of Sustainability Development Plans; to consider Report on operation of the Board of Directors and Functional Committees for 2023; to consider Report on 2023 Annual Director's Remuneration; to consider Report on 2023 related-party transactions which are not related to the Company's operating activities; and to consider other matters.
Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.46 (up from NT$0.27 in 3Q 2022). Revenue: NT$3.00b (flat on 3Q 2022). Net income: NT$342.5m (up 73% from 3Q 2022). Profit margin: 11% (up from 6.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Oct 29+ 1 more updateSinyi Realty Inc. Appoints Chou, Ken-Yu as ChairpersonSinyi Realty Inc. appointed Chou, Ken-Yu as chairperson. Effective date of the new appointment is October 27, 2023.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.69 (up from NT$0.42 in 2Q 2022). Revenue: NT$3.48b (up 6.0% from 2Q 2022). Net income: NT$510.4m (up 63% from 2Q 2022). Profit margin: 15% (up from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • May 30Upcoming dividend of NT$1.20 per share at 4.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.4%).
お知らせ • May 19Sinyi Realty Inc. Approves Cash Dividends for 2022, Payable on July 6, 2023Sinyi Realty Inc. announced shareholders' meeting approved distribution of cash dividends for 2022 was TWD 884,215,800 or TWD 1.2 per share. EX-rights (ex-dividend) trading date is June 6, 2023. Ex-rights (ex-dividend) record date is June 12, 2023. Payment date of cash dividend distribution on July 6, 2023.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.65 in 1Q 2022)First quarter 2023 results: EPS: NT$0.68 (up from NT$0.65 in 1Q 2022). Revenue: NT$4.33b (up 14% from 1Q 2022). Net income: NT$501.1m (up 4.9% from 1Q 2022). Profit margin: 12% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% 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 • Feb 23Full year 2022 earnings released: EPS: NT$1.66 (vs NT$3.19 in FY 2021)Full year 2022 results: EPS: NT$1.66 (down from NT$3.19 in FY 2021). Revenue: NT$13.7b (down 27% from FY 2021). Net income: NT$1.22b (down 48% from FY 2021). Profit margin: 8.9% (down from 13% 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.98 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (down from NT$0.98 in 3Q 2021). Revenue: NT$2.97b (down 45% from 3Q 2021). Net income: NT$198.5m (down 73% from 3Q 2021). Profit margin: 6.7% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Sep 28Sinyi Realty Inc. Appoints Chou, Ken-Yu as Vice Chairperson of the Board of DirectorsSinyi Realty Inc. announced that at the board meeting held on September 27, 2022 approved the appointment of Chou, Ken-yu as vice chairperson of the Board of Directors. Effective date of the new appointment is September 27, 2022.
お知らせ • Jul 27Sinyi Realty Inc. Announces Management ChangesSinyi Realty Inc. announced the change to the principal accounting officer of the company. Date of occurrence of the change is July 26, 2022. Name, title, and resume of the previous position holder: Lin Chiu-Chin Senior Manager of Accounting Department. Name, title, and resume of the new position holder: Wu Hsiao Chen Senior Manager of Accounting Department. Type of the change: position adjustment. Reason for the change: position adjustment. Effective date is July 26, 2022.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$0.67 in 2Q 2021). Revenue: NT$3.28b (down 20% from 2Q 2021). Net income: NT$313.5m (down 36% from 2Q 2021). Profit margin: 9.5% (down from 12% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jun 22Sinyi Realty Inc. Announces CFO ChangesSinyi Realty Inc. at its Board of Directors on the 21 June 2022 approved CFO Changes. Name, title, and resume of the previous position holder: Wang, Jun-Yen, Vice General Manager of the Company. Name, title, and resume of the new position holder: Chen, Chih-Huan, the senior manager of Finance Department. Reason for the change: New replacement. Effective date is 21 June 2022.
お知らせ • Jun 07Sinyi Realty Inc. Announces Executive ChangesSinyi Realty Inc. announced name of previous position holder Chueh, Chien-Ping, Chairperson. Resume of the previous position holder: Chairperson:Chueh, Chien-Ping, the Company's Chairperson. Reason for the change: term expired. Effective date of the new appointment is May 19, 2022. Any other matters that need to be specified:Mr. Liu, Yuan-chih was appointed to be the representative of Sinyi Co. Ltd. to execute its Chairperson's duty.
お知らせ • Jun 01Sinyi Realty Inc. Announces the Resignation of Wang, Jun-Yen as Chief Financial OfficerSinyi Realty Inc. announced the resignation of Wang, Jun-Yen as Chief Financial Officer of the company with effect from May 31, 2022.
Upcoming Dividend • Jun 01Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 07 July 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 8.0%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.2%).
お知らせ • May 20+ 1 more updateSinyi Realty Inc. Approves Change of ChairpersonSinyi Realty Inc. approved the appointment of Liu, Yuan-chih as chairperson of the 14th term Board of Directors, in place of Chueh, Chien-Ping, effective from May 19, 2022.
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.65 (up from NT$0.62 in 1Q 2021). Revenue: NT$3.78b (up 4.4% from 1Q 2021). Net income: NT$477.7m (up 3.8% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 28Sinyi Realty Inc., Annual General Meeting, May 19, 2022Sinyi Realty Inc., Annual General Meeting, May 19, 2022, at 09:30 Taipei Standard Time. Location: NTUH International Convention Center No.2 XuZhou Road Taipei Taiwan Agenda: To consider report on the Business of 2020; to consider report on the Profit Sharing to the Company's Employees and Directors' Compensation of 2020; to consider report on Audit Committee's Review of the Business Report, Financial Statements and Earnings Distribution Proposal of 2020; to consider report on Audit Committee's Communication with the Internal Control Officer; to consider report on Concrete Promotion Plans for Corporate Social Responsibility Programs; to consider report on Amendments to the Company's "Ethical Corporate Management Best Practice Principles"; dn to discuss other matters.
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.19 (up from NT$2.11 in FY 2020). Revenue: NT$13.3b (up 1.8% from FY 2020). Net income: NT$2.35b (up 51% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.98 (vs NT$0.76 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.37b (up 47% from 3Q 2020). Net income: NT$725.4m (up 30% from 3Q 2020). Profit margin: 14% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% 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 03Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 07 July 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (5.1%).
お知らせ • May 25Sinyi Realty Inc. Announces Cash Dividend for the Year 2020, Payable on July 7, 2021Sinyi Realty Inc. announced Cash dividend of TWD 1.7 per share for 2020. Record date is June 16, 2021, Ex-rights (ex-dividend) trading date is June 10, 2021 and cash dividend is paid on July 7, 2021.
Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.62b (up 66% from 1Q 2020). Net income: NT$460.0m (up NT$421.4m from 1Q 2020). Profit margin: 13% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Is New 90 Day High Low • Mar 03New 90-day high: NT$30.05The company is up 1.0% from its price of NT$29.85 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.
Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.11 (vs NT$1.71 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$11.0b (down 11% from FY 2019). Net income: NT$1.55b (up 23% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 26Sinyi Realty Inc., Annual General Meeting, May 21, 2021Sinyi Realty Inc., Annual General Meeting, May 21, 2021. Location: NTUH International Convention Center Taipei Taiwan Agenda: To consider the 2020 Business Report; to consider proposal of the proportion of employee compensation and directors compensation for the year ended December 31, 2020; to consider report on Audit Committee's review of 2020 business report, financial statements of 2020 and proposal for 2020 earnings distribution; to consider report on Audit Committee's communications with the chief internal auditor; to consider report on concrete promotion plans for corporate social responsibility programs; and to consider other matters.
Is New 90 Day High Low • Jan 20New 90-day low: NT$28.00The company is down 2.0% from its price of NT$28.50 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.
分析記事 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Nov 30New 90-day high: NT$30.60The company is up 3.0% from its price of NT$29.60 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period.
分析記事 • Nov 26Shareholders Of Sinyi Realty (TPE:9940) Must Be Happy With Their 53% ReturnThe main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$1.20b, down 35% from the prior year. Total revenue was NT$12.1b over the last 12 months, down 18% from the prior year.