View Past PerformanceCen Link バランスシートの健全性財務の健全性 基準チェック /66Cen Linkの総株主資本はNT$440.3M 、総負債はNT$40.0Mで、負債比率は9.1%となります。総資産と総負債はそれぞれNT$745.0MとNT$304.7Mです。 Cen Linkの EBIT はNT$64.2Mで、利息カバレッジ比率-85.9です。現金および短期投資はNT$159.4Mです。主要情報9.08%負債資本比率NT$40.00m負債インタレスト・カバレッジ・レシオ-85.9x現金NT$159.37mエクイティNT$440.31m負債合計NT$304.66m総資産NT$744.97m財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$46.20, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 25% over the past three years.New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (138% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin). Market cap is less than US$100m (NT$809.3m market cap, or US$25.6m).New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$1.11b market cap, or US$35.1m).Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to NT$41.40, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 12% over the past three years.お知らせ • Mar 30Cen Link Co., Ltd., Annual General Meeting, Jun 23, 2026Cen Link Co., Ltd., Annual General Meeting, Jun 23, 2026, at 10:00 Taipei Standard Time. Location: 10 floor no,173, sec.2 ta t`ung rd., sijhih district, new taipei city TaiwanNew Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$755.1m market cap, or US$24.1m).Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$41.15, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 45% over the past three years.Upcoming Dividend • Sep 01Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 08 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 65% and the cash payout ratio is 89%. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.5%).Declared Dividend • Aug 13Dividend increased to NT$2.00Dividend of NT$2.00 is 33% higher than last year. Ex-date: 8th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (NT$750.5m market cap, or US$25.4m).Buy Or Sell Opportunity • Apr 10Now 24% overvaluedOver the last 90 days, the stock has fallen 12% to NT$30.10. The fair value is estimated to be NT$24.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$30.70, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.お知らせ • Mar 18Cen Link Co., Ltd., Annual General Meeting, Jun 18, 2025Cen Link Co., Ltd., Annual General Meeting, Jun 18, 2025. Location: 10 floor no,173, sec.2 ta t`ung rd., sijhih district, new taipei city TaiwanNew Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$784.5m market cap, or US$23.9m).New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$722.3m market cap, or US$22.4m).Buy Or Sell Opportunity • Nov 01Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$31.50. The fair value is estimated to be NT$25.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.Buy Or Sell Opportunity • Oct 08Now 22% overvaluedOver the last 90 days, the stock has fallen 2.4% to NT$30.70. The fair value is estimated to be NT$25.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.Buy Or Sell Opportunity • Sep 20Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$30.50. The fair value is estimated to be NT$25.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.Upcoming Dividend • Aug 29Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 05 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 70% and the cash payout ratio is 92%. Trailing yield: 4.5%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.7%).Declared Dividend • Aug 09Dividend reduced to NT$1.50Dividend of NT$1.50 is 25% lower than last year. Ex-date: 5th September 2024 Payment date: 30th September 2024 Dividend yield will be 4.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.2% EPS decline seen over the last 5 years.Reported Earnings • Apr 20Full year 2023 earnings released: EPS: NT$1.83 (vs NT$4.70 in FY 2022)Full year 2023 results: EPS: NT$1.83 (down from NT$4.70 in FY 2022). Revenue: NT$599.5m (down 28% from FY 2022). Net income: NT$41.5m (down 61% from FY 2022). Profit margin: 6.9% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.80, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.New Risk • Apr 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (NT$651.1m market cap, or US$20.0m).お知らせ • Mar 21Cen Link Co., Ltd., Annual General Meeting, Jun 20, 2024Cen Link Co., Ltd., Annual General Meeting, Jun 20, 2024.New Risk • Feb 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$576.5m market cap, or US$18.2m).New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$584.4m market cap, or US$18.5m).Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$25.40, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 92% over the past three years.New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (NT$553.9m market cap, or US$17.6m).Buying Opportunity • Nov 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be NT$26.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 55%.Buying Opportunity • Nov 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$26.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 55%.Upcoming Dividend • Aug 17Upcoming dividend of NT$2.00 per share at 7.1% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (4.2%).Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.97 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (down from NT$0.97 in 2Q 2022). Revenue: NT$168.5m (down 20% from 2Q 2022). Net income: NT$18.3m (down 17% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$33.65, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.Reported Earnings • Apr 23Full year 2022 earnings released: EPS: NT$4.70 (vs NT$2.57 in FY 2021)Full year 2022 results: EPS: NT$4.70 (up from NT$2.57 in FY 2021). Revenue: NT$834.5m (down 5.9% from FY 2021). Net income: NT$106.2m (up 83% from FY 2021). Profit margin: 13% (up from 6.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$41.90, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 204% over the past three years.Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).Reported Earnings • Aug 16First half 2022 earnings released: EPS: NT$2.24 (vs NT$1.00 in 1H 2021)First half 2022 results: EPS: NT$2.24 (up from NT$1.00 in 1H 2021). Revenue: NT$410.2m (down 1.7% from 1H 2021). Net income: NT$46.0m (up 124% from 1H 2021). Profit margin: 11% (up from 4.9% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 27Full year 2021 earnings released: EPS: NT$2.82 (vs NT$0.95 in FY 2020)Full year 2021 results: EPS: NT$2.82 (up from NT$0.95 in FY 2020). Revenue: NT$887.2m (up 37% from FY 2020). Net income: NT$58.0m (up 197% from FY 2020). Profit margin: 6.5% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 02Cen Link Co., Ltd., Annual General Meeting, Jun 22, 2022Cen Link Co., Ltd., Annual General Meeting, Jun 22, 2022.Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$24.10, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past year.Upcoming Dividend • Aug 19Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 30 September 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$22.70, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 31% over the past year.Reported Earnings • May 02Full year 2020 earnings released: EPS NT$0.95 (vs NT$1.25 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$646.2m (up 11% from FY 2019). Net income: NT$19.6m (down 24% from FY 2019). Profit margin: 3.0% (down from 4.4% in FY 2019). The decrease in margin was driven by higher expenses.分析記事 • Apr 30Are Dividend Investors Making A Mistake With Cen Link Co., Ltd. (GTSM:5254)?Is Cen Link Co., Ltd. ( GTSM:5254 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Mar 08Calculating The Intrinsic Value Of Cen Link Co., Ltd. (GTSM:5254)Does the March share price for Cen Link Co., Ltd. ( GTSM:5254 ) reflect what it's really worth? Today, we will estimate...Is New 90 Day High Low • Feb 24New 90-day high: NT$17.25The company is up 6.0% from its price of NT$16.30 on 25 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 27% over the same period.分析記事 • Feb 01Here's What We Make Of Cen Link's (GTSM:5254) Returns On CapitalIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...分析記事 • Dec 17Is Cen Link Co., Ltd. (GTSM:5254) A Strong Dividend Stock?Is Cen Link Co., Ltd. ( GTSM:5254 ) a good dividend stock? How can we tell? Dividend paying companies with growing...Is New 90 Day High Low • Dec 11New 90-day low: NT$15.40The company is down 1.0% from its price of NT$15.50 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period.分析記事 • Nov 24Are Poor Financial Prospects Dragging Down Cen Link Co., Ltd. (GTSM:5254 Stock?With its stock down 9.1% over the past three months, it is easy to disregard Cen Link (GTSM:5254). Given that stock...財務状況分析短期負債: 5254の 短期資産 ( NT$486.4M ) が 短期負債 ( NT$289.2M ) を超えています。長期負債: 5254の短期資産 ( NT$486.4M ) が 長期負債 ( NT$15.4M ) 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: 5254総負債よりも多くの現金を保有しています。負債の削減: 5254の負債対資本比率は、過去 5 年間で47.8%から9.1%に減少しました。債務返済能力: 5254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 ( 113% )。インタレストカバレッジ: 5254支払う利息よりも稼ぐ利息の方が多いので、利息支払い の補償は問題になりません。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YTech 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2026/05/22 05:37終値2026/05/22 00:00収益2025/12/31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Cen Link 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
Valuation Update With 7 Day Price Move • May 11Investor sentiment improves as stock rises 29%After last week's 29% share price gain to NT$46.20, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 25% over the past three years.
New Risk • May 05New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (138% cash payout ratio). Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (7.5% net profit margin). Market cap is less than US$100m (NT$809.3m market cap, or US$25.6m).
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 9.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Market cap is less than US$100m (NT$1.11b market cap, or US$35.1m).
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improves as stock rises 30%After last week's 30% share price gain to NT$41.40, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 29x in the Electronic industry in Taiwan. Total returns to shareholders of 12% over the past three years.
お知らせ • Mar 30Cen Link Co., Ltd., Annual General Meeting, Jun 23, 2026Cen Link Co., Ltd., Annual General Meeting, Jun 23, 2026, at 10:00 Taipei Standard Time. Location: 10 floor no,173, sec.2 ta t`ung rd., sijhih district, new taipei city Taiwan
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$755.1m market cap, or US$24.1m).
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$41.15, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 45% over the past three years.
Upcoming Dividend • Sep 01Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 08 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 65% and the cash payout ratio is 89%. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.5%).
Declared Dividend • Aug 13Dividend increased to NT$2.00Dividend of NT$2.00 is 33% higher than last year. Ex-date: 8th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (53% earnings payout ratio) and cash flows (59% cash payout ratio). The dividend has increased by an average of 11% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Market cap is less than US$100m (NT$750.5m market cap, or US$25.4m).
Buy Or Sell Opportunity • Apr 10Now 24% overvaluedOver the last 90 days, the stock has fallen 12% to NT$30.10. The fair value is estimated to be NT$24.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$30.70, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 65% over the past three years.
お知らせ • Mar 18Cen Link Co., Ltd., Annual General Meeting, Jun 18, 2025Cen Link Co., Ltd., Annual General Meeting, Jun 18, 2025. Location: 10 floor no,173, sec.2 ta t`ung rd., sijhih district, new taipei city Taiwan
New Risk • Feb 24New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$784.5m market cap, or US$23.9m).
New Risk • Nov 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$722.3m market cap, or US$22.4m).
Buy Or Sell Opportunity • Nov 01Now 25% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$31.50. The fair value is estimated to be NT$25.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.
Buy Or Sell Opportunity • Oct 08Now 22% overvaluedOver the last 90 days, the stock has fallen 2.4% to NT$30.70. The fair value is estimated to be NT$25.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.
Buy Or Sell Opportunity • Sep 20Now 21% overvaluedThe stock has been flat over the last 90 days, currently trading at NT$30.50. The fair value is estimated to be NT$25.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has grown by 2.8%.
Upcoming Dividend • Aug 29Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 05 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 70% and the cash payout ratio is 92%. Trailing yield: 4.5%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.7%).
Declared Dividend • Aug 09Dividend reduced to NT$1.50Dividend of NT$1.50 is 25% lower than last year. Ex-date: 5th September 2024 Payment date: 30th September 2024 Dividend yield will be 4.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 20% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 22% to shift the payout ratio to a potentially unsustainable range, which is more than the 1.2% EPS decline seen over the last 5 years.
Reported Earnings • Apr 20Full year 2023 earnings released: EPS: NT$1.83 (vs NT$4.70 in FY 2022)Full year 2023 results: EPS: NT$1.83 (down from NT$4.70 in FY 2022). Revenue: NT$599.5m (down 28% from FY 2022). Net income: NT$41.5m (down 61% from FY 2022). Profit margin: 6.9% (down from 13% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$28.80, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.
New Risk • Apr 19New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Market cap is less than US$100m (NT$651.1m market cap, or US$20.0m).
お知らせ • Mar 21Cen Link Co., Ltd., Annual General Meeting, Jun 20, 2024Cen Link Co., Ltd., Annual General Meeting, Jun 20, 2024.
New Risk • Feb 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.4% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$576.5m market cap, or US$18.2m).
New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$584.4m market cap, or US$18.5m).
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$25.40, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 92% over the past three years.
New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (NT$553.9m market cap, or US$17.6m).
Buying Opportunity • Nov 23Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 21%. The fair value is estimated to be NT$26.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 55%.
Buying Opportunity • Nov 06Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$26.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 55%.
Upcoming Dividend • Aug 17Upcoming dividend of NT$2.00 per share at 7.1% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (4.2%).
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.97 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (down from NT$0.97 in 2Q 2022). Revenue: NT$168.5m (down 20% from 2Q 2022). Net income: NT$18.3m (down 17% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment deteriorates as stock falls 23%After last week's 23% share price decline to NT$33.65, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 123% over the past three years.
Reported Earnings • Apr 23Full year 2022 earnings released: EPS: NT$4.70 (vs NT$2.57 in FY 2021)Full year 2022 results: EPS: NT$4.70 (up from NT$2.57 in FY 2021). Revenue: NT$834.5m (down 5.9% from FY 2021). Net income: NT$106.2m (up 83% from FY 2021). Profit margin: 13% (up from 6.5% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$41.90, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 204% over the past three years.
Upcoming Dividend • Aug 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).
Reported Earnings • Aug 16First half 2022 earnings released: EPS: NT$2.24 (vs NT$1.00 in 1H 2021)First half 2022 results: EPS: NT$2.24 (up from NT$1.00 in 1H 2021). Revenue: NT$410.2m (down 1.7% from 1H 2021). Net income: NT$46.0m (up 124% from 1H 2021). Profit margin: 11% (up from 4.9% in 1H 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 27Full year 2021 earnings released: EPS: NT$2.82 (vs NT$0.95 in FY 2020)Full year 2021 results: EPS: NT$2.82 (up from NT$0.95 in FY 2020). Revenue: NT$887.2m (up 37% from FY 2020). Net income: NT$58.0m (up 197% from FY 2020). Profit margin: 6.5% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 02Cen Link Co., Ltd., Annual General Meeting, Jun 22, 2022Cen Link Co., Ltd., Annual General Meeting, Jun 22, 2022.
Valuation Update With 7 Day Price Move • Nov 08Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$24.10, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 50% over the past year.
Upcoming Dividend • Aug 19Upcoming dividend of NT$0.90 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 30 September 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • May 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$22.70, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 31% over the past year.
Reported Earnings • May 02Full year 2020 earnings released: EPS NT$0.95 (vs NT$1.25 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$646.2m (up 11% from FY 2019). Net income: NT$19.6m (down 24% from FY 2019). Profit margin: 3.0% (down from 4.4% in FY 2019). The decrease in margin was driven by higher expenses.
分析記事 • Apr 30Are Dividend Investors Making A Mistake With Cen Link Co., Ltd. (GTSM:5254)?Is Cen Link Co., Ltd. ( GTSM:5254 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Mar 08Calculating The Intrinsic Value Of Cen Link Co., Ltd. (GTSM:5254)Does the March share price for Cen Link Co., Ltd. ( GTSM:5254 ) reflect what it's really worth? Today, we will estimate...
Is New 90 Day High Low • Feb 24New 90-day high: NT$17.25The company is up 6.0% from its price of NT$16.30 on 25 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 27% over the same period.
分析記事 • Feb 01Here's What We Make Of Cen Link's (GTSM:5254) Returns On CapitalIf you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
分析記事 • Dec 17Is Cen Link Co., Ltd. (GTSM:5254) A Strong Dividend Stock?Is Cen Link Co., Ltd. ( GTSM:5254 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
Is New 90 Day High Low • Dec 11New 90-day low: NT$15.40The company is down 1.0% from its price of NT$15.50 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period.
分析記事 • Nov 24Are Poor Financial Prospects Dragging Down Cen Link Co., Ltd. (GTSM:5254 Stock?With its stock down 9.1% over the past three months, it is easy to disregard Cen Link (GTSM:5254). Given that stock...