View Financial HealthThinking Electronic Industrial 配当と自社株買い配当金 基準チェック /56Thinking Electronic Industrial配当を支払う会社であり、現在の利回りは2.3%で、収益によって十分にカバーされています。主要情報2.3%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長8.3%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向50%最近の配当と自社株買いの更新分析記事 • Aug 25Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last YearThinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) has announced that on 20th of September, it will be paying a...分析記事 • Aug 11Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) is reducing its dividend from last year's comparable payment to...Declared Dividend • Aug 10Dividend reduced to NT$5.20Dividend of NT$5.20 is 3.7% lower than last year. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.7% over the next year, which should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Aug 17Upcoming dividend of NT$5.40 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).Upcoming Dividend • Aug 17Upcoming dividend of NT$6.30 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 97%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.5%). In line with average of industry peers (4.4%).Upcoming Dividend • Aug 19Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.2%).すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$243, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 36x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years.Reported Earnings • May 08First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.97 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.97 in 1Q 2025). Revenue: NT$2.05b (up 8.3% from 1Q 2025). Net income: NT$283.0m (down 26% from 1Q 2025). Profit margin: 14% (down from 20% 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 9% per year whereas the company’s share price has increased by 8% per year.Buy Or Sell Opportunity • May 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to NT$186. The fair value is estimated to be NT$153, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 7.9%.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$177, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$11.76 (vs NT$12.10 in FY 2024)Full year 2025 results: EPS: NT$11.76 (down from NT$12.10 in FY 2024). Revenue: NT$8.03b (up 6.8% from FY 2024). Net income: NT$1.51b (down 2.9% from FY 2024). Profit margin: 19% (down from 21% 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 8% per year whereas the company’s share price has increased by 7% per year.お知らせ • Mar 06Thinking Electronic Industrial Co., Ltd., Annual General Meeting, May 26, 2026Thinking Electronic Industrial Co., Ltd., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,600-7, chia ch`ang rd., nanzih district, kaohsiung city TaiwanBuy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 4.1% to NT$175. The fair value is estimated to be NT$144, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 5.1%.Buy Or Sell Opportunity • Feb 03Now 21% overvaluedOver the last 90 days, the stock has fallen 8.1% to NT$170. The fair value is estimated to be NT$140, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 5.1%.New Risk • Dec 05New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 0.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$205, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$177, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.Buy Or Sell Opportunity • Sep 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to NT$158. The fair value is estimated to be NT$131, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.9%.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$2.26 (vs NT$3.42 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.26 (down from NT$3.42 in 2Q 2024). Revenue: NT$2.06b (up 5.4% from 2Q 2024). Net income: NT$289.8m (down 34% from 2Q 2024). Profit margin: 14% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Buy Or Sell Opportunity • May 08Now 23% overvaluedOver the last 90 days, the stock has fallen 20% to NT$130. The fair value is estimated to be NT$106, however this is not to be taken as a sell recommendation but rather should be used as a guide only.お知らせ • Apr 30Thinking Electronic Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Thinking Electronic Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$121, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.お知らせ • Feb 21Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 17, 2025Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: no,600-7, chia ch`ang rd., nanzih district, kaohsiung city Taiwanお知らせ • Feb 13Thinking Electronic Industrial Co., Ltd. to Report Fiscal Year 2024 Results on Feb 20, 2025Thinking Electronic Industrial Co., Ltd. announced that they will report fiscal year 2024 results on Feb 20, 2025Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$2.96 (up from NT$2.60 in 3Q 2023). Revenue: NT$1.98b (up 12% from 3Q 2023). Net income: NT$378.6m (up 14% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.お知らせ • Nov 02Thinking Electronic Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024分析記事 • Aug 25Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last YearThinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) has announced that on 20th of September, it will be paying a...分析記事 • Aug 11Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) is reducing its dividend from last year's comparable payment to...Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$3.42 (up from NT$2.43 in 2Q 2023). Revenue: NT$1.95b (up 7.3% from 2Q 2023). Net income: NT$437.6m (up 41% from 2Q 2023). Profit margin: 22% (up from 17% in 2Q 2023). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.Declared Dividend • Aug 10Dividend reduced to NT$5.20Dividend of NT$5.20 is 3.7% lower than last year. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.7% over the next year, which should provide support to the dividend and adequate earnings cover.分析記事 • Aug 09There Is A Reason Thinking Electronic Industrial Co., Ltd.'s (TWSE:2428) Price Is UndemandingThinking Electronic Industrial Co., Ltd.'s ( TWSE:2428 ) price-to-earnings (or "P/E") ratio of 14.6x might make it look...Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$147. The fair value is estimated to be NT$184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 4.8% in the next year.お知らせ • Aug 01Thinking Electronic Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024分析記事 • Jul 23There Are Reasons To Feel Uneasy About Thinking Electronic Industrial's (TWSE:2428) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$2.60 (vs NT$2.34 in 1Q 2023)First quarter 2024 results: EPS: NT$2.60 (up from NT$2.34 in 1Q 2023). Revenue: NT$1.56b (down 9.2% from 1Q 2023). Net income: NT$329.7m (up 10.0% from 1Q 2023). Profit margin: 21% (up from 17% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.分析記事 • May 08Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...お知らせ • May 01Thinking Electronic Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$10.21 (vs NT$10.72 in FY 2022)Full year 2023 results: EPS: NT$10.21 (down from NT$10.72 in FY 2022). Revenue: NT$7.08b (down 5.2% from FY 2022). Net income: NT$1.31b (down 4.8% from FY 2022). Profit margin: 19% (in line with FY 2022). 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 3% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 18, 2024Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 18, 2024. Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' and directors' remuneration; to consider acknowledgment of the 2023 business report and financial statements; and to consider acknowledgment of the 2023 Earnings Distribution.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$2.60 (down from NT$3.13 in 3Q 2022). Revenue: NT$1.76b (down 6.6% from 3Q 2022). Net income: NT$333.0m (down 17% from 3Q 2022). Profit margin: 19% (down from 21% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Nov 09Thinking Electronic Industrial Co., Ltd. Announces Change of PresidentThinking Electronic Industrial Co., Ltd. announced the Change to the president of the company. Name of the previous position holder: Chung, Shih-Ying; Resume of the previous position holder: president of the company. Name of the new position holder: Ho, Yi-Sheng; Resume of the new position holder: president of the company. Effective date of the new appointment: November 08, 2023.Upcoming Dividend • Aug 17Upcoming dividend of NT$5.40 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).Reported Earnings • Aug 10Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: NT$2.43 (down from NT$3.18 in 2Q 2022). Revenue: NT$1.82b (down 4.4% from 2Q 2022). Net income: NT$311.5m (down 24% from 2Q 2022). Profit margin: 17% (down from 21% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.お知らせ • Jun 14+ 2 more updatesThinking Electronic Industrial Co., Ltd. Approves the Election of Chou Pao-Heng as Independent DirectorThinking Electronic Industrial Co., Ltd. announced that at its regular shareholders meeting held on June 13, 2023 approved the election of Chou Pao-Heng as independent director.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$10.72 (vs NT$12.31 in FY 2021)Full year 2022 results: EPS: NT$10.72 (down from NT$12.31 in FY 2021). Revenue: NT$7.46b (flat on FY 2021). Net income: NT$1.37b (down 13% from FY 2021). Profit margin: 18% (down from 21% in FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Nov 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 15%.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheng-Nan Huang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$101, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 37% over the past three years.Upcoming Dividend • Aug 17Upcoming dividend of NT$6.30 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 97%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.5%). In line with average of industry peers (4.4%).Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$3.18 (down from NT$3.39 in 2Q 2021). Revenue: NT$1.90b (down 3.1% from 2Q 2021). Net income: NT$407.5m (down 6.3% from 2Q 2021). Profit margin: 21% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year.Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$3.10 (down from NT$3.18 in 1Q 2021). Revenue: NT$1.80b (up 2.3% from 1Q 2021). Net income: NT$397.0m (down 2.5% from 1Q 2021). Profit margin: 22% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheng-Nan Huang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 23Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 16, 2022Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 16, 2022.Valuation Update With 7 Day Price Move • Nov 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$154, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 109% over the past three years.Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$2.94 (vs NT$3.27 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.92b (up 18% from 3Q 2020). Net income: NT$377.0m (down 10% from 3Q 2020). Profit margin: 20% (down from 26% 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 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Oct 05Price target decreased to NT$180Down from NT$221, the current price target is an average from 2 analysts. New target price is 13% above last closing price of NT$160. Stock is up 56% over the past year.Upcoming Dividend • Aug 19Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.2%).Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$3.39 (vs NT$2.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.96b (up 31% from 2Q 2020). Net income: NT$434.8m (up 29% from 2Q 2020). Profit margin: 22% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$219, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$3.18 (vs NT$1.56 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.76b (up 61% from 1Q 2020). Net income: NT$407.1m (up 104% from 1Q 2020). Profit margin: 23% (up from 18% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 16Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$10.81 (vs NT$8.71 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.92b (up 1.8% from FY 2019). Net income: NT$1.39b (up 24% from FY 2019). Profit margin: 23% (up from 19% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 21Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ), is not the largest company out there, but it saw a significant...分析記事 • Mar 07Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Thinking Electronic Industrial's (TPE:2428) stock is up by a considerable 34% over the past three months. Since the...分析記事 • Feb 19Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?Is Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) a good dividend stock? How can we tell? Dividend paying...Is New 90 Day High Low • Feb 17New 90-day high: NT$202The company is up 44% from its price of NT$140 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period.分析記事 • Feb 04Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their InvestmentWhen you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...分析記事 • Jan 20Thinking Electronic Industrial (TPE:2428) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$193, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 17x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 155%.分析記事 • Jan 05Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital AllocationIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...Is New 90 Day High Low • Dec 29New 90-day high: NT$161The company is up 62% from its price of NT$99.10 on 30 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period.分析記事 • Dec 21What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor CompositionEvery investor in Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) should be aware of the most powerful...Is New 90 Day High Low • Dec 09New 90-day high: NT$160The company is up 53% from its price of NT$104 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.分析記事 • Dec 06Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?Thinking Electronic Industrial (TPE:2428) has had a great run on the share market with its stock up by a significant...分析記事 • Nov 20Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's WhyIs Thinking Electronic Industrial Co., Ltd. (TPE:2428) a good dividend stock? How can we tell? Dividend paying...Valuation Update With 7 Day Price Move • Nov 16Market bids up stock over the past weekAfter last week's 20% share price gain to NT$141, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 74%.Is New 90 Day High Low • Nov 11New 90-day high: NT$130The company is up 27% from its price of NT$102 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$3.27The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.62b (up 11% from 3Q 2019). Net income: NT$419.1m (up 28% from 3Q 2019). Profit margin: 26% (up from 22% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.決済の安定と成長配当データの取得安定した配当: 2428の1株当たり配当金は過去10年間安定しています。増加する配当: 2428の配当金は過去10年間にわたって増加しています。配当利回り対市場Thinking Electronic Industrial 配当利回り対市場2428 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (2428)2.3%市場下位25% (TW)1.4%市場トップ25% (TW)5.0%業界平均 (Electronic)1.2%アナリスト予想 (2428) (最長3年)n/a注目すべき配当: 2428の配当金 ( 2.3% ) はTW市場の配当金支払者の下位 25% ( 1.38% ) よりも高くなっています。高配当: 2428の配当金 ( 2.3% ) はTW市場の配当金支払者の上位 25% ( 4.97% ) と比較すると低いです。株主への利益配当収益カバレッジ: 2428の配当金は、合理的な 配当性向 ( 50.2% ) により、利益によって賄われています。株主配当金キャッシュフローカバレッジ: 2428は合理的な 現金配当性向 ( 59.1% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management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2026/05/26 04:29終値2026/05/26 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Thinking Electronic Industrial 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。4 アナリスト機関Licheng ZhuangCapital Securities CorporationAlice SuMasterlink Securities Investment AdvisoryJazz LinSinoPac Securities Investment Service1 その他のアナリストを表示
分析記事 • Aug 25Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last YearThinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) has announced that on 20th of September, it will be paying a...
分析記事 • Aug 11Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) is reducing its dividend from last year's comparable payment to...
Declared Dividend • Aug 10Dividend reduced to NT$5.20Dividend of NT$5.20 is 3.7% lower than last year. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.7% over the next year, which should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Aug 17Upcoming dividend of NT$5.40 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).
Upcoming Dividend • Aug 17Upcoming dividend of NT$6.30 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 97%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.5%). In line with average of industry peers (4.4%).
Upcoming Dividend • Aug 19Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.2%).
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$243, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 36x in the Electronic industry in Taiwan. Total returns to shareholders of 73% over the past three years.
Reported Earnings • May 08First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.97 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.97 in 1Q 2025). Revenue: NT$2.05b (up 8.3% from 1Q 2025). Net income: NT$283.0m (down 26% from 1Q 2025). Profit margin: 14% (down from 20% 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 9% per year whereas the company’s share price has increased by 8% per year.
Buy Or Sell Opportunity • May 05Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.5% to NT$186. The fair value is estimated to be NT$153, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Earnings per share has grown by 7.9%.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$177, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Reported Earnings • Mar 08Full year 2025 earnings released: EPS: NT$11.76 (vs NT$12.10 in FY 2024)Full year 2025 results: EPS: NT$11.76 (down from NT$12.10 in FY 2024). Revenue: NT$8.03b (up 6.8% from FY 2024). Net income: NT$1.51b (down 2.9% from FY 2024). Profit margin: 19% (down from 21% 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 8% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Mar 06Thinking Electronic Industrial Co., Ltd., Annual General Meeting, May 26, 2026Thinking Electronic Industrial Co., Ltd., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,600-7, chia ch`ang rd., nanzih district, kaohsiung city Taiwan
Buy Or Sell Opportunity • Mar 05Now 21% overvaluedOver the last 90 days, the stock has fallen 4.1% to NT$175. The fair value is estimated to be NT$144, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 5.1%.
Buy Or Sell Opportunity • Feb 03Now 21% overvaluedOver the last 90 days, the stock has fallen 8.1% to NT$170. The fair value is estimated to be NT$140, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 5.1%.
New Risk • Dec 05New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.7% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Nov 07New major risk - Revenue and earnings growthEarnings have declined by 0.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$205, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$177, the stock trades at a trailing P/E ratio of 15.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Buy Or Sell Opportunity • Sep 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 19% to NT$158. The fair value is estimated to be NT$131, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 2.9%.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$2.26 (vs NT$3.42 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.26 (down from NT$3.42 in 2Q 2024). Revenue: NT$2.06b (up 5.4% from 2Q 2024). Net income: NT$289.8m (down 34% from 2Q 2024). Profit margin: 14% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Buy Or Sell Opportunity • May 08Now 23% overvaluedOver the last 90 days, the stock has fallen 20% to NT$130. The fair value is estimated to be NT$106, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
お知らせ • Apr 30Thinking Electronic Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Thinking Electronic Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$121, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Negligible returns to shareholders over past three years.
お知らせ • Feb 21Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 17, 2025Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: no,600-7, chia ch`ang rd., nanzih district, kaohsiung city Taiwan
お知らせ • Feb 13Thinking Electronic Industrial Co., Ltd. to Report Fiscal Year 2024 Results on Feb 20, 2025Thinking Electronic Industrial Co., Ltd. announced that they will report fiscal year 2024 results on Feb 20, 2025
Reported Earnings • Nov 15Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$2.96 (up from NT$2.60 in 3Q 2023). Revenue: NT$1.98b (up 12% from 3Q 2023). Net income: NT$378.6m (up 14% from 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 8.4%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year.
お知らせ • Nov 02Thinking Electronic Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
分析記事 • Aug 25Thinking Electronic Industrial (TWSE:2428) Is Paying Out Less In Dividends Than Last YearThinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) has announced that on 20th of September, it will be paying a...
分析記事 • Aug 11Thinking Electronic Industrial (TWSE:2428) Has Announced That Its Dividend Will Be Reduced To NT$5.20Thinking Electronic Industrial Co., Ltd. ( TWSE:2428 ) is reducing its dividend from last year's comparable payment to...
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$3.42 (up from NT$2.43 in 2Q 2023). Revenue: NT$1.95b (up 7.3% from 2Q 2023). Net income: NT$437.6m (up 41% from 2Q 2023). Profit margin: 22% (up from 17% in 2Q 2023). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 32%. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 8% per year.
Declared Dividend • Aug 10Dividend reduced to NT$5.20Dividend of NT$5.20 is 3.7% lower than last year. Ex-date: 26th August 2024 Payment date: 20th September 2024 Dividend yield will be 3.2%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (45% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.7% over the next year, which should provide support to the dividend and adequate earnings cover.
分析記事 • Aug 09There Is A Reason Thinking Electronic Industrial Co., Ltd.'s (TWSE:2428) Price Is UndemandingThinking Electronic Industrial Co., Ltd.'s ( TWSE:2428 ) price-to-earnings (or "P/E") ratio of 14.6x might make it look...
Buy Or Sell Opportunity • Aug 05Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$147. The fair value is estimated to be NT$184, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 11%. Revenue is forecast to grow by 11% in a year. Earnings are forecast to grow by 4.8% in the next year.
お知らせ • Aug 01Thinking Electronic Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
分析記事 • Jul 23There Are Reasons To Feel Uneasy About Thinking Electronic Industrial's (TWSE:2428) Returns On CapitalWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$2.60 (vs NT$2.34 in 1Q 2023)First quarter 2024 results: EPS: NT$2.60 (up from NT$2.34 in 1Q 2023). Revenue: NT$1.56b (down 9.2% from 1Q 2023). Net income: NT$329.7m (up 10.0% from 1Q 2023). Profit margin: 21% (up from 17% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
分析記事 • May 08Thinking Electronic Industrial (TWSE:2428) Could Easily Take On More DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
お知らせ • May 01Thinking Electronic Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Thinking Electronic Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024
Reported Earnings • Mar 03Full year 2023 earnings released: EPS: NT$10.21 (vs NT$10.72 in FY 2022)Full year 2023 results: EPS: NT$10.21 (down from NT$10.72 in FY 2022). Revenue: NT$7.08b (down 5.2% from FY 2022). Net income: NT$1.31b (down 4.8% from FY 2022). Profit margin: 19% (in line with FY 2022). 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 3% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 18, 2024Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 18, 2024. Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' and directors' remuneration; to consider acknowledgment of the 2023 business report and financial statements; and to consider acknowledgment of the 2023 Earnings Distribution.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$2.60 (down from NT$3.13 in 3Q 2022). Revenue: NT$1.76b (down 6.6% from 3Q 2022). Net income: NT$333.0m (down 17% from 3Q 2022). Profit margin: 19% (down from 21% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 21%. Earnings per share (EPS) also missed analyst estimates by 23%. Revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 9.0% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Nov 09Thinking Electronic Industrial Co., Ltd. Announces Change of PresidentThinking Electronic Industrial Co., Ltd. announced the Change to the president of the company. Name of the previous position holder: Chung, Shih-Ying; Resume of the previous position holder: president of the company. Name of the new position holder: Ho, Yi-Sheng; Resume of the new position holder: president of the company. Effective date of the new appointment: November 08, 2023.
Upcoming Dividend • Aug 17Upcoming dividend of NT$5.40 per share at 3.4% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.2%).
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS misses analyst expectationsSecond quarter 2023 results: EPS: NT$2.43 (down from NT$3.18 in 2Q 2022). Revenue: NT$1.82b (down 4.4% from 2Q 2022). Net income: NT$311.5m (down 24% from 2Q 2022). Profit margin: 17% (down from 21% in 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.2%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 8.1% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
お知らせ • Jun 14+ 2 more updatesThinking Electronic Industrial Co., Ltd. Approves the Election of Chou Pao-Heng as Independent DirectorThinking Electronic Industrial Co., Ltd. announced that at its regular shareholders meeting held on June 13, 2023 approved the election of Chou Pao-Heng as independent director.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: NT$10.72 (vs NT$12.31 in FY 2021)Full year 2022 results: EPS: NT$10.72 (down from NT$12.31 in FY 2021). Revenue: NT$7.46b (flat on FY 2021). Net income: NT$1.37b (down 13% from FY 2021). Profit margin: 18% (down from 21% in FY 2021). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Nov 21Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 19%. The fair value is estimated to be NT$149, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 15%.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheng-Nan Huang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$101, the stock trades at a trailing P/E ratio of 8.4x. Average forward P/E is 9x in the Electronic industry in Taiwan. Total returns to shareholders of 37% over the past three years.
Upcoming Dividend • Aug 17Upcoming dividend of NT$6.30 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 16 September 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 97%. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.5%). In line with average of industry peers (4.4%).
Reported Earnings • Aug 13Second quarter 2022 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2022 results: EPS: NT$3.18 (down from NT$3.39 in 2Q 2021). Revenue: NT$1.90b (down 3.1% from 2Q 2021). Net income: NT$407.5m (down 6.3% from 2Q 2021). Profit margin: 21% (in line with 2Q 2021). Revenue exceeded analyst estimates by 1.6%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year.
Reported Earnings • May 13First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$3.10 (down from NT$3.18 in 1Q 2021). Revenue: NT$1.80b (up 2.3% from 1Q 2021). Net income: NT$397.0m (down 2.5% from 1Q 2021). Profit margin: 22% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 5.1%. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 18% per year.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Cheng-Nan Huang was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 23Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 16, 2022Thinking Electronic Industrial Co., Ltd., Annual General Meeting, Jun 16, 2022.
Valuation Update With 7 Day Price Move • Nov 26Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$154, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 109% over the past three years.
Reported Earnings • Nov 11Third quarter 2021 earnings released: EPS NT$2.94 (vs NT$3.27 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.92b (up 18% from 3Q 2020). Net income: NT$377.0m (down 10% from 3Q 2020). Profit margin: 20% (down from 26% 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 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Oct 05Price target decreased to NT$180Down from NT$221, the current price target is an average from 2 analysts. New target price is 13% above last closing price of NT$160. Stock is up 56% over the past year.
Upcoming Dividend • Aug 19Upcoming dividend of NT$5.50 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.2%).
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$3.39 (vs NT$2.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.96b (up 31% from 2Q 2020). Net income: NT$434.8m (up 29% from 2Q 2020). Profit margin: 22% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$219, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.
Reported Earnings • May 13First quarter 2021 earnings released: EPS NT$3.18 (vs NT$1.56 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.76b (up 61% from 1Q 2020). Net income: NT$407.1m (up 104% from 1Q 2020). Profit margin: 23% (up from 18% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 16Thinking Electronic Industrial (TPE:2428) Is Achieving High Returns On Its CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Reported Earnings • Mar 23Full year 2020 earnings released: EPS NT$10.81 (vs NT$8.71 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$5.92b (up 1.8% from FY 2019). Net income: NT$1.39b (up 24% from FY 2019). Profit margin: 23% (up from 19% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 21Is Now An Opportune Moment To Examine Thinking Electronic Industrial Co., Ltd. (TPE:2428)?Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ), is not the largest company out there, but it saw a significant...
分析記事 • Mar 07Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Thinking Electronic Industrial's (TPE:2428) stock is up by a considerable 34% over the past three months. Since the...
分析記事 • Feb 19Is Thinking Electronic Industrial Co., Ltd. (TPE:2428) A Smart Pick For Income Investors?Is Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) a good dividend stock? How can we tell? Dividend paying...
Is New 90 Day High Low • Feb 17New 90-day high: NT$202The company is up 44% from its price of NT$140 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period.
分析記事 • Feb 04Thinking Electronic Industrial (TPE:2428) Has Rewarded Shareholders With An Exceptional 346% Total Return On Their InvestmentWhen you buy a stock there is always a possibility that it could drop 100%. But on the bright side, you can make far...
分析記事 • Jan 20Thinking Electronic Industrial (TPE:2428) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$193, the stock is trading at a trailing P/E ratio of 19.8x, up from the previous P/E ratio of 17x. This compares to an average P/E of 18x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 155%.
分析記事 • Jan 05Thinking Electronic Industrial (TPE:2428) Is Very Good At Capital AllocationIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'll...
Is New 90 Day High Low • Dec 29New 90-day high: NT$161The company is up 62% from its price of NT$99.10 on 30 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 18% over the same period.
分析記事 • Dec 21What You Need To Know About Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Investor CompositionEvery investor in Thinking Electronic Industrial Co., Ltd. ( TPE:2428 ) should be aware of the most powerful...
Is New 90 Day High Low • Dec 09New 90-day high: NT$160The company is up 53% from its price of NT$104 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period.
分析記事 • Dec 06Is Thinking Electronic Industrial Co., Ltd.'s (TPE:2428) Latest Stock Performance A Reflection Of Its Financial Health?Thinking Electronic Industrial (TPE:2428) has had a great run on the share market with its stock up by a significant...
分析記事 • Nov 20Thinking Electronic Industrial Co., Ltd. (TPE:2428) Vies For A Place In Your Dividend Portfolio: Here's WhyIs Thinking Electronic Industrial Co., Ltd. (TPE:2428) a good dividend stock? How can we tell? Dividend paying...
Valuation Update With 7 Day Price Move • Nov 16Market bids up stock over the past weekAfter last week's 20% share price gain to NT$141, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12x. This compares to an average P/E of 16x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 74%.
Is New 90 Day High Low • Nov 11New 90-day high: NT$130The company is up 27% from its price of NT$102 on 13 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 3.0% over the same period.
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$3.27The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.62b (up 11% from 3Q 2019). Net income: NT$419.1m (up 28% from 3Q 2019). Profit margin: 26% (up from 22% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.