View Past PerformanceTranscend Information バランスシートの健全性財務の健全性 基準チェック /66Transcend Informationの総株主資本はNT$26.2B 、総負債はNT$0.0で、負債比率は0%となります。総資産と総負債はそれぞれNT$37.2BとNT$11.0Bです。 Transcend Informationの EBIT はNT$15.9Bで、利息カバレッジ比率-124.2です。現金および短期投資はNT$11.8Bです。主要情報0%負債資本比率NT$0負債インタレスト・カバレッジ・レシオ-124.2x現金NT$11.85bエクイティNT$26.20b負債合計NT$11.01b総資産NT$37.20b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 updatesDeclared Dividend • Jun 11Dividend of NT$11.78 announcedShareholders will receive a dividend of NT$11.78. Ex-date: 25th June 2026 Payment date: 31st July 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$295, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 359% over the past three years.Reported Earnings • May 08First quarter 2026 earnings released: EPS: NT$18.00 (vs NT$0.87 in 1Q 2025)First quarter 2026 results: EPS: NT$18.00 (up from NT$0.87 in 1Q 2025). Revenue: NT$13.6b (up 357% from 1Q 2025). Net income: NT$8.12b (up NT$7.75b from 1Q 2025). Profit margin: 60% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year whereas the company’s share price has increased by 64% per year.Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$300, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 401% over the past three years.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$229, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 272% over the past three years.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$230, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 282% over the past three years.Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$12.98 (vs NT$5.39 in FY 2024)Full year 2025 results: EPS: NT$12.98 (up from NT$5.39 in FY 2024). Revenue: NT$17.1b (up 70% from FY 2024). Net income: NT$5.57b (up 141% from FY 2024). Profit margin: 33% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 05Transcend Information, Inc., Annual General Meeting, Jun 17, 2026Transcend Information, Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,70, hsing chung rd., neihu district, taipei city TaiwanValuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$219, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 278% over the past three years.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$238, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 320% over the past three years.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 32%After last week's 32% share price gain to NT$196, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 254% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$3.52 (vs NT$0.81 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.52 (up from NT$0.81 in 3Q 2024). Revenue: NT$4.11b (up 63% from 3Q 2024). Net income: NT$1.51b (up 334% from 3Q 2024). Profit margin: 37% (up from 14% in 3Q 2024). 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 31% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Nov 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 49% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio).Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$140, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 152% over the past three years.New Risk • Sep 30New 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 6.5% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 165% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).Buy Or Sell Opportunity • Aug 11Now 20% overvaluedOver the last 90 days, the stock has fallen 4.4% to NT$95.50. The fair value is estimated to be NT$79.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 8.6%.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.98 (vs NT$1.67 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.98 (down from NT$1.67 in 2Q 2024). Revenue: NT$3.23b (up 39% from 2Q 2024). Net income: NT$420.8m (down 41% from 2Q 2024). Profit margin: 13% (down from 31% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.New Risk • Jul 16New 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 6.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$118, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 119% over the past three years.Buy Or Sell Opportunity • Jul 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to NT$112. The fair value is estimated to be NT$92.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 7.3%.Declared Dividend • Jun 25Dividend increased to NT$6.09Dividend of NT$6.09 is 22% higher than last year. Ex-date: 8th July 2025 Payment date: 1st August 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 55% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.お知らせ • Apr 30Transcend Information, Inc. to Report Q1, 2025 Results on May 08, 2025Transcend Information, Inc. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$86.60, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past three years.Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$5.39 (vs NT$4.63 in FY 2023)Full year 2024 results: EPS: NT$5.39 (up from NT$4.63 in FY 2023). Revenue: NT$10.1b (down 3.9% from FY 2023). Net income: NT$2.31b (up 17% from FY 2023). Profit margin: 23% (up from 19% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 71% over the past three years.Buy Or Sell Opportunity • Mar 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.7% to NT$99.60. The fair value is estimated to be NT$82.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 5.5%.お知らせ • Mar 07+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 20, 2025Transcend Information, Inc., Annual General Meeting, Jun 20, 2025. Location: 1 floor no,70, hsing chung rd., neihu district, taipei city Taiwanお知らせ • Feb 26Transcend Information, Inc. to Report Fiscal Year 2024 Results on Mar 06, 2025Transcend Information, Inc. announced that they will report fiscal year 2024 results on Mar 06, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Nov 19Solid Earnings May Not Tell The Whole Story For Transcend Information (TWSE:2451)Transcend Information, Inc.'s ( TWSE:2451 ) robust recent earnings didn't do much to move the stock. We think this is...Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.81 (vs NT$1.93 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.81 (down from NT$1.93 in 3Q 2023). Revenue: NT$2.52b (down 7.7% from 3Q 2023). Net income: NT$347.9m (down 58% from 3Q 2023). Profit margin: 14% (down from 30% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. 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 13% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 30Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to NT$95.80. The fair value is estimated to be NT$79.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 3.2%.お知らせ • Oct 26Transcend Information, Inc. to Report Q3, 2024 Results on Nov 05, 2024Transcend Information, Inc. announced that they will report Q3, 2024 results on Nov 05, 2024分析記事 • Oct 23Improved Earnings Required Before Transcend Information, Inc. (TWSE:2451) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 14.6x Transcend Information, Inc. ( TWSE:2451 ) may be sending bullish...Buy Or Sell Opportunity • Aug 13Now 21% overvaluedOver the last 90 days, the stock has fallen 7.0% to NT$95.80. The fair value is estimated to be NT$79.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 3.2%.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: NT$1.67 (vs NT$0.93 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.67 (up from NT$0.93 in 2Q 2023). Revenue: NT$2.33b (down 5.6% from 2Q 2023). Net income: NT$715.6m (up 79% from 2Q 2023). Profit margin: 31% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.分析記事 • Aug 08Transcend Information (TWSE:2451) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...お知らせ • Jul 27Transcend Information, Inc. to Report Q2, 2024 Results on Aug 01, 2024Transcend Information, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024分析記事 • Jun 23Transcend Information (TWSE:2451) Has Announced That Its Dividend Will Be Reduced To NT$4.99Transcend Information, Inc. ( TWSE:2451 ) is reducing its dividend from last year's comparable payment to NT$4.99 on...Declared Dividend • Jun 22Dividend reduced to NT$4.99Dividend of NT$4.99 is 11% lower than last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.分析記事 • May 22Transcend Information, Inc. (TWSE:2451) Soars 28% But It's A Story Of Risk Vs RewardTranscend Information, Inc. ( TWSE:2451 ) shares have continued their recent momentum with a 28% gain in the last month...分析記事 • May 21Transcend Information (TWSE:2451) Strong Profits May Be Masking Some Underlying IssuesTranscend Information, Inc.'s ( TWSE:2451 ) robust recent earnings didn't do much to move the stock. We believe that...Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$1.88 (vs NT$0.54 in 1Q 2023)First quarter 2024 results: EPS: NT$1.88 (up from NT$0.54 in 1Q 2023). Revenue: NT$2.73b (up 4.7% from 1Q 2023). Net income: NT$806.9m (up 247% from 1Q 2023). Profit margin: 30% (up from 8.9% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • May 02Transcend Information, Inc. to Report Q1, 2024 Results on May 09, 2024Transcend Information, Inc. announced that they will report Q1, 2024 results on May 09, 2024分析記事 • Apr 30Here's What To Make Of Transcend Information's (TWSE:2451) Decelerating Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Reported Earnings • Mar 07Full year 2023 earnings released: EPS: NT$4.63 (vs NT$5.72 in FY 2022)Full year 2023 results: EPS: NT$4.63 (down from NT$5.72 in FY 2022). Revenue: NT$10.5b (down 13% from FY 2022). Net income: NT$1.98b (down 19% from FY 2022). Profit margin: 19% (down from 20% 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 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 05Some Shareholders Feeling Restless Over Transcend Information, Inc.'s (TWSE:2451) P/E RatioThere wouldn't be many who think Transcend Information, Inc.'s ( TWSE:2451 ) price-to-earnings (or "P/E") ratio of 24x...お知らせ • Mar 01+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 21, 2024Transcend Information, Inc., Annual General Meeting, Jun 21, 2024. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei 114, Taiwan Taipei Taiwan Agenda: To discuss report the business of 2023; to discuss Audit Committee review report; to discuss report 2023 employees profit sharing bonus and directors compensation; to discuss the status of endorsements and guarantees provided by the Company; to discuss Cash distribution from 2023 Retained Earnings; and to discuss other matters.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$1.93 (vs NT$1.13 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.93 (up from NT$1.13 in 3Q 2022). Revenue: NT$2.73b (down 11% from 3Q 2022). Net income: NT$826.6m (up 71% from 3Q 2022). Profit margin: 30% (up from 16% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 23% 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 earnings (126% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.93 (vs NT$2.67 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.93 (down from NT$2.67 in 2Q 2022). Revenue: NT$2.47b (down 18% from 2Q 2022). Net income: NT$399.5m (down 65% from 2Q 2022). Profit margin: 16% (down from 38% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 29Upcoming dividend of NT$5.60 per share at 7.2% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).Reported Earnings • Mar 10Full year 2022 earnings released: EPS: NT$5.72 (vs NT$5.90 in FY 2021)Full year 2022 results: EPS: NT$5.72 (down from NT$5.90 in FY 2021). Revenue: NT$12.1b (down 15% from FY 2021). Net income: NT$2.45b (down 3.1% from FY 2021). Profit margin: 20% (up from 18% 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 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Doris Wang was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.13 (vs NT$1.55 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.13 (down from NT$1.55 in 3Q 2021). Revenue: NT$3.07b (down 13% from 3Q 2021). Net income: NT$483.7m (down 27% from 3Q 2021). Profit margin: 16% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$2.67 (vs NT$1.91 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.67 (up from NT$1.91 in 2Q 2021). Revenue: NT$3.01b (down 21% from 2Q 2021). Net income: NT$1.15b (up 40% from 2Q 2021). Profit margin: 38% (up from 22% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$59.50, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total loss to shareholders of 2.3% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (7.2%).お知らせ • Jun 19Transcend Information, Inc. Announces Cash Dividend, Payable on July 29, 2022Transcend Information, Inc. announced Cash dividend TWD 2,231,120,710(TWD 5.20 per share) and Cash distribution from capital surplus TWD 343,249,340(TWD 0.80 per share). Ex-rights (ex-dividend) trading date is July 4, 2022. Last date before book closure is July 5, 2022. Book closure starting date is July 6, 2022. Book closure ending date is July 10, 2022. Ex-rights (ex-dividend) record date is July 10, 2022. Payment date of cash dividend is July 29, 2022.Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.82 (vs NT$1.30 in 1Q 2021)First quarter 2022 results: EPS: NT$1.82 (up from NT$1.30 in 1Q 2021). Revenue: NT$3.45b (down 1.4% from 1Q 2021). Net income: NT$779.4m (up 39% from 1Q 2021). Profit margin: 23% (up from 16% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • May 02Transcend Information, Inc. Announces Resignation of Wang, Jen-Ming as Sales Vice PresidentTranscend Information, Inc. announced the resignation of Wang, Jen-Ming as Sales Vice President. Effective date is April 29, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Doris Wang was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 06Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: NT$14.3b (up 25% from FY 2020). Net income: NT$2.53b (up 112% from FY 2020). Profit margin: 18% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.お知らせ • Mar 06+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 17, 2022Transcend Information, Inc., Annual General Meeting, Jun 17, 2022. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei 114, Taiwan Tai Pei Taiwan Agenda: To report the business of 2021;to consider Audit Committees review report ;To report 2021 employees profit sharing bonus and directors compensation; and other matters.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.55 (vs NT$0.48 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$3.52b (up 27% from 3Q 2020). Net income: NT$665.7m (up 226% from 3Q 2020). Profit margin: 19% (up from 7.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Executive Departure • Aug 27R&D Vice GM and Director Tseng-Ho Li has left the companyOn the 26th of August, Tseng-Ho Li's tenure as R&D Vice GM and Director ended after 3.2 years in the role. We don't have any record of a personal shareholding under Tseng-Ho's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.Executive Departure • Aug 27Vice GM & Director Jen Ming Wang has left the companyOn the 26th of August, Jen Ming Wang's tenure as Vice GM & Director ended after 3.2 years in the role. We don't have any record of a personal shareholding under Jen Ming's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.Upcoming Dividend • Jun 29Upcoming dividend of NT$3.05 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 30 July 2021. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (5.0%).お知らせ • May 25Transcend Information, Inc. Announces Cash Dividend, Payable on July 30, 2021Transcend Information, Inc. announced a cash dividend of TWD 1,094,107,271 (TWD 2.55 per share). The ex-rights (ex-dividend) trading date is July 05, 2021, with ex-rights (ex-dividend) record date is July 11, 2021. Payment date of cash dividend is July 30, 2021.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.30 (vs NT$1.08 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.50b (up 8.6% from 1Q 2020). Net income: NT$559.4m (up 21% from 1Q 2020). Profit margin: 16% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% 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.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$84.30, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 25% over the past three years.分析記事 • Apr 04Transcend Information (TPE:2451) May Have Issues Allocating Its CapitalWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...分析記事 • Mar 14Should You Buy Transcend Information, Inc. (TPE:2451) For Its Dividend?Could Transcend Information, Inc. ( TPE:2451 ) be an attractive dividend share to own for the long haul? Investors are...お知らせ • Mar 05Transcend Information, Inc., Annual General Meeting, Jun 17, 2021Transcend Information, Inc., Annual General Meeting, Jun 17, 2021. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei Taiwan Agenda: To report the business of 2020; to consider Audit Committee’s review report; to report 2020 employees profit sharing bonus and directors compensation; to consider the status of endorsements and guarantees provided by the Company; to consider the cash distribution from 2020 Retained Earnings; to consider the cash distribution from capital surplus; to consider the adoption of 2020 Business Report and Financial Statements; to consider the adoption of the proposal for distribution of 2020 earnings; and to consider other matters.Reported Earnings • Mar 05Full year 2020 earnings released: EPS NT$2.79 (vs NT$4.01 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$11.4b (down 15% from FY 2019). Net income: NT$1.20b (down 31% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.分析記事 • Feb 22If You Had Bought Transcend Information (TPE:2451) Shares Five Years Ago You'd Have A Total Return Of Negative 10.0%Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...分析記事 • Feb 04Are Transcend Information's (TPE:2451) Statutory Earnings A Good Reflection Of Its Earnings Potential?Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...分析記事 • Jan 18Is Transcend Information, Inc.'s (TPE:2451) Recent Performancer Underpinned By Weak Financials?It is hard to get excited after looking at Transcend Information's (TPE:2451) recent performance, when its stock has...分析記事 • Dec 31Returns On Capital At Transcend Information (TPE:2451) Paint A Concerning PictureIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...分析記事 • Dec 13Does Transcend Information, Inc. (TPE:2451) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at Transcend Information, Inc. ( TPE:2451 ) from a dividend investor's perspective...分析記事 • Nov 23What Are The Total Returns Earned By Shareholders Of Transcend Information (TPE:2451) On Their Investment?The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...Is New 90 Day High Low • Nov 20New 90-day high: NT$66.00The company is up 2.0% from its price of NT$64.70 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is down 1.0% over the same period.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$0.48The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.76b (down 18% from 3Q 2019). Net income: NT$204.3m (down 62% from 3Q 2019). Profit margin: 7.4% (down from 16% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 07New 90-day low: NT$62.10The company is down 9.0% from its price of NT$68.60 on 09 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 2.0% over the same period.Is New 90 Day High Low • Sep 18New 90-day low: NT$63.50The company is down 11% from its price of NT$71.60 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 4.0% over the same period.財務状況分析短期負債: 2451の 短期資産 ( NT$30.4B ) が 短期負債 ( NT$10.6B ) を超えています。長期負債: 2451の短期資産 ( NT$30.4B ) が 長期負債 ( NT$446.7M ) 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: 2451は負債がありません。負債の削減: 2451 5 年前には負債がありませんでした。債務返済能力: 2451には負債がないため、営業キャッシュフロー でカバーする必要はありません。インタレストカバレッジ: 2451には負債がないため、利息支払い の負担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2026/07/03 09:17終値2026/07/03 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Transcend Information, Inc. 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Sebastian HouBarclaysDong-je WooBofA Global ResearchLiyen ChenCapital Securities Corporation8 その他のアナリストを表示
Declared Dividend • Jun 11Dividend of NT$11.78 announcedShareholders will receive a dividend of NT$11.78. Ex-date: 25th June 2026 Payment date: 31st July 2026 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (38% earnings payout ratio) and cash flows (79% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 26% over the next year, which should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$295, the stock trades at a forward P/E ratio of 3x. Average forward P/E is 16x in the Tech industry in Taiwan. Total returns to shareholders of 359% over the past three years.
Reported Earnings • May 08First quarter 2026 earnings released: EPS: NT$18.00 (vs NT$0.87 in 1Q 2025)First quarter 2026 results: EPS: NT$18.00 (up from NT$0.87 in 1Q 2025). Revenue: NT$13.6b (up 357% from 1Q 2025). Net income: NT$8.12b (up NT$7.75b from 1Q 2025). Profit margin: 60% (up from 13% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year whereas the company’s share price has increased by 64% per year.
Valuation Update With 7 Day Price Move • May 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$300, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 24x in the Tech industry in Taiwan. Total returns to shareholders of 401% over the past three years.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$229, the stock trades at a trailing P/E ratio of 17.7x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 272% over the past three years.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$230, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 282% over the past three years.
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$12.98 (vs NT$5.39 in FY 2024)Full year 2025 results: EPS: NT$12.98 (up from NT$5.39 in FY 2024). Revenue: NT$17.1b (up 70% from FY 2024). Net income: NT$5.57b (up 141% from FY 2024). Profit margin: 33% (up from 23% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 05Transcend Information, Inc., Annual General Meeting, Jun 17, 2026Transcend Information, Inc., Annual General Meeting, Jun 17, 2026. Location: 1 floor no,70, hsing chung rd., neihu district, taipei city Taiwan
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$219, the stock trades at a trailing P/E ratio of 34.3x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 278% over the past three years.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$238, the stock trades at a trailing P/E ratio of 37.3x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 320% over the past three years.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment improves as stock rises 32%After last week's 32% share price gain to NT$196, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 254% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$3.52 (vs NT$0.81 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.52 (up from NT$0.81 in 3Q 2024). Revenue: NT$4.11b (up 63% from 3Q 2024). Net income: NT$1.51b (up 334% from 3Q 2024). Profit margin: 37% (up from 14% in 3Q 2024). 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 31% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Nov 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 49% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. High level of non-cash earnings (49% accrual ratio).
Valuation Update With 7 Day Price Move • Oct 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$140, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 22x in the Tech industry in Taiwan. Total returns to shareholders of 152% over the past three years.
New Risk • Sep 30New 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 6.5% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 165% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (14% net profit margin).
Buy Or Sell Opportunity • Aug 11Now 20% overvaluedOver the last 90 days, the stock has fallen 4.4% to NT$95.50. The fair value is estimated to be NT$79.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.6% over the last 3 years. Earnings per share has declined by 8.6%.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.98 (vs NT$1.67 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.98 (down from NT$1.67 in 2Q 2024). Revenue: NT$3.23b (up 39% from 2Q 2024). Net income: NT$420.8m (down 41% from 2Q 2024). Profit margin: 13% (down from 31% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
New Risk • Jul 16New 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 6.3% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. High level of non-cash earnings (27% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (6.3% average weekly change).
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$118, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 119% over the past three years.
Buy Or Sell Opportunity • Jul 03Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.7% to NT$112. The fair value is estimated to be NT$92.87, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 7.3%.
Declared Dividend • Jun 25Dividend increased to NT$6.09Dividend of NT$6.09 is 22% higher than last year. Ex-date: 8th July 2025 Payment date: 1st August 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 55% to bring the payout ratio under control. However, EPS has remained steady over the last 5 years so the company would need to improve on their historical growth rates.
お知らせ • Apr 30Transcend Information, Inc. to Report Q1, 2025 Results on May 08, 2025Transcend Information, Inc. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$86.60, the stock trades at a trailing P/E ratio of 16.1x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$5.39 (vs NT$4.63 in FY 2023)Full year 2024 results: EPS: NT$5.39 (up from NT$4.63 in FY 2023). Revenue: NT$10.1b (down 3.9% from FY 2023). Net income: NT$2.31b (up 17% from FY 2023). Profit margin: 23% (up from 19% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$104, the stock trades at a trailing P/E ratio of 18.6x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Buy Or Sell Opportunity • Mar 10Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.7% to NT$99.60. The fair value is estimated to be NT$82.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 5.5%.
お知らせ • Mar 07+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 20, 2025Transcend Information, Inc., Annual General Meeting, Jun 20, 2025. Location: 1 floor no,70, hsing chung rd., neihu district, taipei city Taiwan
お知らせ • Feb 26Transcend Information, Inc. to Report Fiscal Year 2024 Results on Mar 06, 2025Transcend Information, Inc. announced that they will report fiscal year 2024 results on Mar 06, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Nov 19Solid Earnings May Not Tell The Whole Story For Transcend Information (TWSE:2451)Transcend Information, Inc.'s ( TWSE:2451 ) robust recent earnings didn't do much to move the stock. We think this is...
Reported Earnings • Nov 07Third quarter 2024 earnings released: EPS: NT$0.81 (vs NT$1.93 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.81 (down from NT$1.93 in 3Q 2023). Revenue: NT$2.52b (down 7.7% from 3Q 2023). Net income: NT$347.9m (down 58% from 3Q 2023). Profit margin: 14% (down from 30% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. 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 13% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 30Now 20% overvaluedOver the last 90 days, the stock has fallen 5.6% to NT$95.80. The fair value is estimated to be NT$79.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 3.2%.
お知らせ • Oct 26Transcend Information, Inc. to Report Q3, 2024 Results on Nov 05, 2024Transcend Information, Inc. announced that they will report Q3, 2024 results on Nov 05, 2024
分析記事 • Oct 23Improved Earnings Required Before Transcend Information, Inc. (TWSE:2451) Shares Find Their FeetWith a price-to-earnings (or "P/E") ratio of 14.6x Transcend Information, Inc. ( TWSE:2451 ) may be sending bullish...
Buy Or Sell Opportunity • Aug 13Now 21% overvaluedOver the last 90 days, the stock has fallen 7.0% to NT$95.80. The fair value is estimated to be NT$79.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 3.2%.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: NT$1.67 (vs NT$0.93 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.67 (up from NT$0.93 in 2Q 2023). Revenue: NT$2.33b (down 5.6% from 2Q 2023). Net income: NT$715.6m (up 79% from 2Q 2023). Profit margin: 31% (up from 16% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
分析記事 • Aug 08Transcend Information (TWSE:2451) Might Have The Makings Of A Multi-BaggerThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
お知らせ • Jul 27Transcend Information, Inc. to Report Q2, 2024 Results on Aug 01, 2024Transcend Information, Inc. announced that they will report Q2, 2024 results on Aug 01, 2024
分析記事 • Jun 23Transcend Information (TWSE:2451) Has Announced That Its Dividend Will Be Reduced To NT$4.99Transcend Information, Inc. ( TWSE:2451 ) is reducing its dividend from last year's comparable payment to NT$4.99 on...
Declared Dividend • Jun 22Dividend reduced to NT$4.99Dividend of NT$4.99 is 11% lower than last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 3.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (84% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 5.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
分析記事 • May 22Transcend Information, Inc. (TWSE:2451) Soars 28% But It's A Story Of Risk Vs RewardTranscend Information, Inc. ( TWSE:2451 ) shares have continued their recent momentum with a 28% gain in the last month...
分析記事 • May 21Transcend Information (TWSE:2451) Strong Profits May Be Masking Some Underlying IssuesTranscend Information, Inc.'s ( TWSE:2451 ) robust recent earnings didn't do much to move the stock. We believe that...
Reported Earnings • May 11First quarter 2024 earnings released: EPS: NT$1.88 (vs NT$0.54 in 1Q 2023)First quarter 2024 results: EPS: NT$1.88 (up from NT$0.54 in 1Q 2023). Revenue: NT$2.73b (up 4.7% from 1Q 2023). Net income: NT$806.9m (up 247% from 1Q 2023). Profit margin: 30% (up from 8.9% in 1Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • May 02Transcend Information, Inc. to Report Q1, 2024 Results on May 09, 2024Transcend Information, Inc. announced that they will report Q1, 2024 results on May 09, 2024
分析記事 • Apr 30Here's What To Make Of Transcend Information's (TWSE:2451) Decelerating Rates Of ReturnWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Reported Earnings • Mar 07Full year 2023 earnings released: EPS: NT$4.63 (vs NT$5.72 in FY 2022)Full year 2023 results: EPS: NT$4.63 (down from NT$5.72 in FY 2022). Revenue: NT$10.5b (down 13% from FY 2022). Net income: NT$1.98b (down 19% from FY 2022). Profit margin: 19% (down from 20% 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 2% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 05Some Shareholders Feeling Restless Over Transcend Information, Inc.'s (TWSE:2451) P/E RatioThere wouldn't be many who think Transcend Information, Inc.'s ( TWSE:2451 ) price-to-earnings (or "P/E") ratio of 24x...
お知らせ • Mar 01+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 21, 2024Transcend Information, Inc., Annual General Meeting, Jun 21, 2024. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei 114, Taiwan Taipei Taiwan Agenda: To discuss report the business of 2023; to discuss Audit Committee review report; to discuss report 2023 employees profit sharing bonus and directors compensation; to discuss the status of endorsements and guarantees provided by the Company; to discuss Cash distribution from 2023 Retained Earnings; and to discuss other matters.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$1.93 (vs NT$1.13 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.93 (up from NT$1.13 in 3Q 2022). Revenue: NT$2.73b (down 11% from 3Q 2022). Net income: NT$826.6m (up 71% from 3Q 2022). Profit margin: 30% (up from 16% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 8% per year.
New Risk • Aug 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 23% 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 earnings (126% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (11% net profit margin).
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.93 (vs NT$2.67 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.93 (down from NT$2.67 in 2Q 2022). Revenue: NT$2.47b (down 18% from 2Q 2022). Net income: NT$399.5m (down 65% from 2Q 2022). Profit margin: 16% (down from 38% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 29Upcoming dividend of NT$5.60 per share at 7.2% yieldEligible shareholders must have bought the stock before 06 July 2023. Payment date: 03 August 2023. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 7.2%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%).
Reported Earnings • Mar 10Full year 2022 earnings released: EPS: NT$5.72 (vs NT$5.90 in FY 2021)Full year 2022 results: EPS: NT$5.72 (down from NT$5.90 in FY 2021). Revenue: NT$12.1b (down 15% from FY 2021). Net income: NT$2.45b (down 3.1% from FY 2021). Profit margin: 20% (up from 18% 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 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Doris Wang was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.13 (vs NT$1.55 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.13 (down from NT$1.55 in 3Q 2021). Revenue: NT$3.07b (down 13% from 3Q 2021). Net income: NT$483.7m (down 27% from 3Q 2021). Profit margin: 16% (down from 19% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$2.67 (vs NT$1.91 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.67 (up from NT$1.91 in 2Q 2021). Revenue: NT$3.01b (down 21% from 2Q 2021). Net income: NT$1.15b (up 40% from 2Q 2021). Profit margin: 38% (up from 22% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$59.50, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Tech industry in Taiwan. Total loss to shareholders of 2.3% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of NT$6.00 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (7.2%).
お知らせ • Jun 19Transcend Information, Inc. Announces Cash Dividend, Payable on July 29, 2022Transcend Information, Inc. announced Cash dividend TWD 2,231,120,710(TWD 5.20 per share) and Cash distribution from capital surplus TWD 343,249,340(TWD 0.80 per share). Ex-rights (ex-dividend) trading date is July 4, 2022. Last date before book closure is July 5, 2022. Book closure starting date is July 6, 2022. Book closure ending date is July 10, 2022. Ex-rights (ex-dividend) record date is July 10, 2022. Payment date of cash dividend is July 29, 2022.
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.82 (vs NT$1.30 in 1Q 2021)First quarter 2022 results: EPS: NT$1.82 (up from NT$1.30 in 1Q 2021). Revenue: NT$3.45b (down 1.4% from 1Q 2021). Net income: NT$779.4m (up 39% from 1Q 2021). Profit margin: 23% (up from 16% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • May 02Transcend Information, Inc. Announces Resignation of Wang, Jen-Ming as Sales Vice PresidentTranscend Information, Inc. announced the resignation of Wang, Jen-Ming as Sales Vice President. Effective date is April 29, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Doris Wang was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 06Full year 2021 earnings: Revenues in line with analyst expectationsFull year 2021 results: Revenue: NT$14.3b (up 25% from FY 2020). Net income: NT$2.53b (up 112% from FY 2020). Profit margin: 18% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
お知らせ • Mar 06+ 1 more updateTranscend Information, Inc., Annual General Meeting, Jun 17, 2022Transcend Information, Inc., Annual General Meeting, Jun 17, 2022. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei 114, Taiwan Tai Pei Taiwan Agenda: To report the business of 2021;to consider Audit Committees review report ;To report 2021 employees profit sharing bonus and directors compensation; and other matters.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.55 (vs NT$0.48 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$3.52b (up 27% from 3Q 2020). Net income: NT$665.7m (up 226% from 3Q 2020). Profit margin: 19% (up from 7.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Executive Departure • Aug 27R&D Vice GM and Director Tseng-Ho Li has left the companyOn the 26th of August, Tseng-Ho Li's tenure as R&D Vice GM and Director ended after 3.2 years in the role. We don't have any record of a personal shareholding under Tseng-Ho's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.
Executive Departure • Aug 27Vice GM & Director Jen Ming Wang has left the companyOn the 26th of August, Jen Ming Wang's tenure as Vice GM & Director ended after 3.2 years in the role. We don't have any record of a personal shareholding under Jen Ming's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 2.00 years.
Upcoming Dividend • Jun 29Upcoming dividend of NT$3.05 per shareEligible shareholders must have bought the stock before 05 July 2021. Payment date: 30 July 2021. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (5.0%).
お知らせ • May 25Transcend Information, Inc. Announces Cash Dividend, Payable on July 30, 2021Transcend Information, Inc. announced a cash dividend of TWD 1,094,107,271 (TWD 2.55 per share). The ex-rights (ex-dividend) trading date is July 05, 2021, with ex-rights (ex-dividend) record date is July 11, 2021. Payment date of cash dividend is July 30, 2021.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.30 (vs NT$1.08 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.50b (up 8.6% from 1Q 2020). Net income: NT$559.4m (up 21% from 1Q 2020). Profit margin: 16% (up from 14% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% 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.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$84.30, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 25% over the past three years.
分析記事 • Apr 04Transcend Information (TPE:2451) May Have Issues Allocating Its CapitalWhen it comes to investing, there are some useful financial metrics that can warn us when a business is potentially in...
分析記事 • Mar 14Should You Buy Transcend Information, Inc. (TPE:2451) For Its Dividend?Could Transcend Information, Inc. ( TPE:2451 ) be an attractive dividend share to own for the long haul? Investors are...
お知らせ • Mar 05Transcend Information, Inc., Annual General Meeting, Jun 17, 2021Transcend Information, Inc., Annual General Meeting, Jun 17, 2021. Location: No. 70, XingZhong Rd., NeiHu Dist., Taipei Taiwan Agenda: To report the business of 2020; to consider Audit Committee’s review report; to report 2020 employees profit sharing bonus and directors compensation; to consider the status of endorsements and guarantees provided by the Company; to consider the cash distribution from 2020 Retained Earnings; to consider the cash distribution from capital surplus; to consider the adoption of 2020 Business Report and Financial Statements; to consider the adoption of the proposal for distribution of 2020 earnings; and to consider other matters.
Reported Earnings • Mar 05Full year 2020 earnings released: EPS NT$2.79 (vs NT$4.01 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$11.4b (down 15% from FY 2019). Net income: NT$1.20b (down 31% from FY 2019). Profit margin: 11% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 22If You Had Bought Transcend Information (TPE:2451) Shares Five Years Ago You'd Have A Total Return Of Negative 10.0%Ideally, your overall portfolio should beat the market average. But the main game is to find enough winners to more...
分析記事 • Feb 04Are Transcend Information's (TPE:2451) Statutory Earnings A Good Reflection Of Its Earnings Potential?Broadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
分析記事 • Jan 18Is Transcend Information, Inc.'s (TPE:2451) Recent Performancer Underpinned By Weak Financials?It is hard to get excited after looking at Transcend Information's (TPE:2451) recent performance, when its stock has...
分析記事 • Dec 31Returns On Capital At Transcend Information (TPE:2451) Paint A Concerning PictureIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? A business...
分析記事 • Dec 13Does Transcend Information, Inc. (TPE:2451) Have A Place In Your Dividend Stock Portfolio?Today we'll take a closer look at Transcend Information, Inc. ( TPE:2451 ) from a dividend investor's perspective...
分析記事 • Nov 23What Are The Total Returns Earned By Shareholders Of Transcend Information (TPE:2451) On Their Investment?The main aim of stock picking is to find the market-beating stocks. But even the best stock picker will only win with...
Is New 90 Day High Low • Nov 20New 90-day high: NT$66.00The company is up 2.0% from its price of NT$64.70 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Tech industry, which is down 1.0% over the same period.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS NT$0.48The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.76b (down 18% from 3Q 2019). Net income: NT$204.3m (down 62% from 3Q 2019). Profit margin: 7.4% (down from 16% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 07New 90-day low: NT$62.10The company is down 9.0% from its price of NT$68.60 on 09 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Sep 18New 90-day low: NT$63.50The company is down 11% from its price of NT$71.60 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Tech industry, which is up 4.0% over the same period.