View ValuationZhen Yu Hardware 将来の成長Future 基準チェック /06現在、 Zhen Yu Hardwareの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Specialty Retail 収益成長14.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.22 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.22 in 1Q 2025). Revenue: NT$585.9m (up 6.1% from 1Q 2025). Net income: NT$21.7m (down 16% from 1Q 2025). Profit margin: 3.7% (down from 4.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Upcoming Dividend • Mar 19Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$3.17 (vs NT$3.15 in FY 2024)Full year 2025 results: EPS: NT$3.17 (up from NT$3.15 in FY 2024). Revenue: NT$2.30b (up 5.7% from FY 2024). Net income: NT$67.2m (flat on FY 2024). Profit margin: 2.9% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.お知らせ • Feb 25Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2026Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2026. Location: 6 floor no,27, sec.2 huan chung rd., hsi tun district, taichung city TaiwanBuy Or Sell Opportunity • Jan 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to NT$81.90. The fair value is estimated to be NT$103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Dec 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to NT$81.00. The fair value is estimated to be NT$103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Dec 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to NT$83.20. The fair value is estimated to be NT$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.81 (vs NT$0.80 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.81 (up from NT$0.80 in 3Q 2024). Revenue: NT$593.9m (up 6.1% from 3Q 2024). Net income: NT$17.3m (up 1.9% from 3Q 2024). Profit margin: 2.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Oct 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 October 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.7%).Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.70 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.58 (down from NT$0.70 in 2Q 2024). Revenue: NT$556.8m (up 5.7% from 2Q 2024). Net income: NT$12.3m (down 18% from 2Q 2024). Profit margin: 2.2% (down from 2.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.34 (vs NT$0.98 in 1Q 2024)First quarter 2025 results: EPS: NT$1.34 (up from NT$0.98 in 1Q 2024). Revenue: NT$552.2m (up 7.8% from 1Q 2024). Net income: NT$25.9m (up 37% from 1Q 2024). Profit margin: 4.7% (up from 3.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% 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.Upcoming Dividend • Mar 20Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (3.4%).Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$3.46 (vs NT$2.32 in FY 2023)Full year 2024 results: EPS: NT$3.46 (up from NT$2.32 in FY 2023). Revenue: NT$2.17b (up 11% from FY 2023). Net income: NT$66.7m (up 49% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2025Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2025. Location: 6 floor no,27, sec.2 huan chung rd., hsi tun district, taichung city TaiwanReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.88 (vs NT$0.61 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.88 (up from NT$0.61 in 3Q 2023). Revenue: NT$559.8m (up 10% from 3Q 2023). Net income: NT$16.9m (up 43% from 3Q 2023). Profit margin: 3.0% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% 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.Upcoming Dividend • Oct 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.0%).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.42 in 2Q 2023). Revenue: NT$526.9m (up 10% from 2Q 2023). Net income: NT$14.9m (up 83% from 2Q 2023). Profit margin: 2.8% (up from 1.7% 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 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.New Risk • Jun 10New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.69b market cap, or US$52.0m).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.98 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$0.98 (up from NT$0.64 in 1Q 2023). Revenue: NT$512.2m (up 10% from 1Q 2023). Net income: NT$18.9m (up 53% from 1Q 2023). Profit margin: 3.7% (up from 2.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% 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.Upcoming Dividend • Mar 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.3%).お知らせ • Mar 14Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2024Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2024.Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$2.32 (vs NT$3.47 in FY 2022)Full year 2023 results: EPS: NT$2.32 (down from NT$3.47 in FY 2022). Revenue: NT$1.97b (up 6.8% from FY 2022). Net income: NT$44.7m (down 33% from FY 2022). Profit margin: 2.3% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. 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.Upcoming Dividend • Sep 29Upcoming dividend of NT$0.50 per share at 1.2% yieldEligible shareholders must have bought the stock before 06 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (1.2%).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$1.05 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (down from NT$1.05 in 2Q 2022). Revenue: NT$478.1m (up 3.7% from 2Q 2022). Net income: NT$8.14m (down 60% from 2Q 2022). Profit margin: 1.7% (down from 4.4% in 2Q 2022). The decrease in margin was driven by higher expenses.New Risk • Jun 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$1.76b market cap, or US$57.1m).Upcoming Dividend • Mar 16Upcoming dividend of NT$1.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 20 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (6.1%). Lower than average of industry peers (3.7%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.76 (vs NT$1.82 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.76 (down from NT$1.82 in 3Q 2021). Revenue: NT$473.9m (up 4.0% from 3Q 2021). Net income: NT$14.7m (down 53% from 3Q 2021). Profit margin: 3.1% (down from 6.9% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.76 (vs NT$1.82 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.76 (down from NT$1.82 in 3Q 2021). Revenue: NT$473.9m (up 4.0% from 3Q 2021). Net income: NT$14.7m (down 53% from 3Q 2021). Profit margin: 3.1% (down from 6.9% in 3Q 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Oct 04Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 11 October 2022. Payment date: 04 November 2022. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (4.0%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.05 (vs NT$1.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.05 (down from NT$1.64 in 2Q 2021). Revenue: NT$461.2m (up 9.4% from 2Q 2021). Net income: NT$20.2m (down 29% from 2Q 2021). Profit margin: 4.4% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses.Upcoming Dividend • Jun 30Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (6.4%). In line with average of industry peers (3.6%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.32 (vs NT$1.83 in 1Q 2021)First quarter 2022 results: EPS: NT$1.32 (down from NT$1.83 in 1Q 2021). Revenue: NT$436.0m (up 5.0% from 1Q 2021). Net income: NT$25.4m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 7.6% in 1Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$6.26 (vs NT$6.10 in FY 2020)Full year 2021 results: EPS: NT$6.26 (up from NT$6.10 in FY 2020). Revenue: NT$1.73b (up 9.2% from FY 2020). Net income: NT$110.5m (up 9.7% from FY 2020). Profit margin: 6.4% (in line with FY 2020).Buying Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be NT$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$147, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 14x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 44% over the past year.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.82 (vs NT$1.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$455.5m (up 13% from 3Q 2020). Net income: NT$31.4m (up 39% from 3Q 2020). Profit margin: 6.9% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$122, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 14x in the Specialty Retail industry in Taiwan.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.64 (vs NT$1.66 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$421.5m (up 7.2% from 2Q 2020). Net income: NT$28.3m (up 5.7% from 2Q 2020). Profit margin: 6.7% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$1.83 (vs NT$1.73 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$415.0m (up 6.6% from 1Q 2020). Net income: NT$31.6m (up 14% from 1Q 2020). Profit margin: 7.6% (up from 7.1% in 1Q 2020). The increase in margin was driven by higher revenue.Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$6.10 (vs NT$5.37 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.58b (up 13% from FY 2019). Net income: NT$100.7m (up 19% from FY 2019). Profit margin: 6.4% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue.Is New 90 Day High Low • Feb 06New 90-day low: NT$105The company is down 1.0% from its price of NT$106 on 05 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 5.0% over the same period.分析記事 • Dec 30Can Zhen Yu Hardware Co., Ltd. (GTSM:2947) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is... このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Zhen Yu Hardware は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:2947 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20262,33363255305N/A12/31/20252,29967232278N/A9/30/20252,27971237280N/A6/30/20252,24571233288N/A3/31/20252,21574224284N/A12/31/20242,17567175282N/A9/30/20242,11763128267N/A6/30/20242,0655873249N/A3/31/20242,0165123229N/A12/31/20231,9684512203N/A9/30/20231,92139115199N/A6/30/20231,88742108164N/A3/31/20231,87054135180N/A12/31/20221,84267178180N/A9/30/20221,80879111188N/A6/30/20221,79096160229N/A3/31/20221,750104144205N/A12/31/20211,729110170257N/A9/30/20211,696114126237N/A6/30/20211,641105112216N/A3/31/20211,612104140230N/A12/31/20201,583101149229N/A9/30/20201,541100139222N/A6/30/20201,50310096208N/A3/31/20201,4489354193N/A12/31/20191,40185N/A194N/A12/31/20181,31495N/A89N/A12/31/20171,232106N/A157N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 2947の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 2947の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 2947の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 2947の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 2947の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 2947の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YRetail 業界の高成長企業。View Past Performance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 11:52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Zhen Yu Hardware Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.22 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (down from NT$1.22 in 1Q 2025). Revenue: NT$585.9m (up 6.1% from 1Q 2025). Net income: NT$21.7m (down 16% from 1Q 2025). Profit margin: 3.7% (down from 4.7% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Mar 19Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.1%).
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$3.17 (vs NT$3.15 in FY 2024)Full year 2025 results: EPS: NT$3.17 (up from NT$3.15 in FY 2024). Revenue: NT$2.30b (up 5.7% from FY 2024). Net income: NT$67.2m (flat on FY 2024). Profit margin: 2.9% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Mar 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
お知らせ • Feb 25Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2026Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2026. Location: 6 floor no,27, sec.2 huan chung rd., hsi tun district, taichung city Taiwan
Buy Or Sell Opportunity • Jan 15Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.0% to NT$81.90. The fair value is estimated to be NT$103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Dec 30Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.1% to NT$81.00. The fair value is estimated to be NT$103, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Dec 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.1% to NT$83.20. The fair value is estimated to be NT$104, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 6.8%.
Board Change • Dec 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 15Third quarter 2025 earnings released: EPS: NT$0.81 (vs NT$0.80 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.81 (up from NT$0.80 in 3Q 2024). Revenue: NT$593.9m (up 6.1% from 3Q 2024). Net income: NT$17.3m (up 1.9% from 3Q 2024). Profit margin: 2.9% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Oct 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 October 2025. Payment date: 28 November 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.7%).
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.70 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.58 (down from NT$0.70 in 2Q 2024). Revenue: NT$556.8m (up 5.7% from 2Q 2024). Net income: NT$12.3m (down 18% from 2Q 2024). Profit margin: 2.2% (down from 2.8% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 4% per year.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.34 (vs NT$0.98 in 1Q 2024)First quarter 2025 results: EPS: NT$1.34 (up from NT$0.98 in 1Q 2024). Revenue: NT$552.2m (up 7.8% from 1Q 2024). Net income: NT$25.9m (up 37% from 1Q 2024). Profit margin: 4.7% (up from 3.7% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% 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.
Upcoming Dividend • Mar 20Upcoming dividend of NT$1.10 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (3.4%).
Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$3.46 (vs NT$2.32 in FY 2023)Full year 2024 results: EPS: NT$3.46 (up from NT$2.32 in FY 2023). Revenue: NT$2.17b (up 11% from FY 2023). Net income: NT$66.7m (up 49% from FY 2023). Profit margin: 3.1% (up from 2.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2025Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2025. Location: 6 floor no,27, sec.2 huan chung rd., hsi tun district, taichung city Taiwan
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.88 (vs NT$0.61 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.88 (up from NT$0.61 in 3Q 2023). Revenue: NT$559.8m (up 10% from 3Q 2023). Net income: NT$16.9m (up 43% from 3Q 2023). Profit margin: 3.0% (up from 2.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 36% 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.
Upcoming Dividend • Oct 01Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 08 October 2024. Payment date: 01 November 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.0%).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.42 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.42 in 2Q 2023). Revenue: NT$526.9m (up 10% from 2Q 2023). Net income: NT$14.9m (up 83% from 2Q 2023). Profit margin: 2.8% (up from 1.7% 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 40% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
New Risk • Jun 10New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Earnings have declined by 18% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.69b market cap, or US$52.0m).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.98 (vs NT$0.64 in 1Q 2023)First quarter 2024 results: EPS: NT$0.98 (up from NT$0.64 in 1Q 2023). Revenue: NT$512.2m (up 10% from 1Q 2023). Net income: NT$18.9m (up 53% from 1Q 2023). Profit margin: 3.7% (up from 2.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 40% 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.
Upcoming Dividend • Mar 21Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 25 April 2024. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (3.3%).
お知らせ • Mar 14Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2024Zhen Yu Hardware Co., Ltd., Annual General Meeting, May 28, 2024.
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$2.32 (vs NT$3.47 in FY 2022)Full year 2023 results: EPS: NT$2.32 (down from NT$3.47 in FY 2022). Revenue: NT$1.97b (up 6.8% from FY 2022). Net income: NT$44.7m (down 33% from FY 2022). Profit margin: 2.3% (down from 3.6% in FY 2022). The decrease in margin was driven by higher expenses. 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.
Upcoming Dividend • Sep 29Upcoming dividend of NT$0.50 per share at 1.2% yieldEligible shareholders must have bought the stock before 06 October 2023. Payment date: 03 November 2023. Payout ratio is a comfortable 69% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (1.2%).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.42 (vs NT$1.05 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.42 (down from NT$1.05 in 2Q 2022). Revenue: NT$478.1m (up 3.7% from 2Q 2022). Net income: NT$8.14m (down 60% from 2Q 2022). Profit margin: 1.7% (down from 4.4% in 2Q 2022). The decrease in margin was driven by higher expenses.
New Risk • Jun 12New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (3.6% net profit margin). Market cap is less than US$100m (NT$1.76b market cap, or US$57.1m).
Upcoming Dividend • Mar 16Upcoming dividend of NT$1.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 20 April 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (6.1%). Lower than average of industry peers (3.7%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.76 (vs NT$1.82 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.76 (down from NT$1.82 in 3Q 2021). Revenue: NT$473.9m (up 4.0% from 3Q 2021). Net income: NT$14.7m (down 53% from 3Q 2021). Profit margin: 3.1% (down from 6.9% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.76 (vs NT$1.82 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.76 (down from NT$1.82 in 3Q 2021). Revenue: NT$473.9m (up 4.0% from 3Q 2021). Net income: NT$14.7m (down 53% from 3Q 2021). Profit margin: 3.1% (down from 6.9% in 3Q 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Oct 04Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 11 October 2022. Payment date: 04 November 2022. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (4.0%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.05 (vs NT$1.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.05 (down from NT$1.64 in 2Q 2021). Revenue: NT$461.2m (up 9.4% from 2Q 2021). Net income: NT$20.2m (down 29% from 2Q 2021). Profit margin: 4.4% (down from 6.7% in 2Q 2021). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Jun 30Upcoming dividend of NT$3.80 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (6.4%). In line with average of industry peers (3.6%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.32 (vs NT$1.83 in 1Q 2021)First quarter 2022 results: EPS: NT$1.32 (down from NT$1.83 in 1Q 2021). Revenue: NT$436.0m (up 5.0% from 1Q 2021). Net income: NT$25.4m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 7.6% in 1Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$6.26 (vs NT$6.10 in FY 2020)Full year 2021 results: EPS: NT$6.26 (up from NT$6.10 in FY 2020). Revenue: NT$1.73b (up 9.2% from FY 2020). Net income: NT$110.5m (up 9.7% from FY 2020). Profit margin: 6.4% (in line with FY 2020).
Buying Opportunity • Feb 17Now 21% undervaluedOver the last 90 days, the stock is up 23%. The fair value is estimated to be NT$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.4% per annum over the last 3 years. Earnings per share has been flat over the last 3 years.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$147, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 14x in the Specialty Retail industry in Taiwan. Total returns to shareholders of 44% over the past year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.82 (vs NT$1.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$455.5m (up 13% from 3Q 2020). Net income: NT$31.4m (up 39% from 3Q 2020). Profit margin: 6.9% (up from 5.6% in 3Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$122, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 14x in the Specialty Retail industry in Taiwan.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.64 (vs NT$1.66 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$421.5m (up 7.2% from 2Q 2020). Net income: NT$28.3m (up 5.7% from 2Q 2020). Profit margin: 6.7% (down from 6.8% in 2Q 2020). The decrease in margin was driven by higher expenses.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$1.83 (vs NT$1.73 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$415.0m (up 6.6% from 1Q 2020). Net income: NT$31.6m (up 14% from 1Q 2020). Profit margin: 7.6% (up from 7.1% in 1Q 2020). The increase in margin was driven by higher revenue.
Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$6.10 (vs NT$5.37 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.58b (up 13% from FY 2019). Net income: NT$100.7m (up 19% from FY 2019). Profit margin: 6.4% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue.
Is New 90 Day High Low • Feb 06New 90-day low: NT$105The company is down 1.0% from its price of NT$106 on 05 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 5.0% over the same period.
分析記事 • Dec 30Can Zhen Yu Hardware Co., Ltd. (GTSM:2947) Maintain Its Strong Returns?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...