View ValuationWeikeng Industrial 将来の成長Future 基準チェック /06現在、 Weikeng Industrialの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electronic 収益成長33.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesValuation Update With 7 Day Price Move • 20hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$51.40, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 34x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past three years.Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.68 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.68 in 1Q 2025). Revenue: NT$30.9b (up 20% from 1Q 2025). Net income: NT$727.9m (up 125% from 1Q 2025). Profit margin: 2.4% (up from 1.3% in 1Q 2025). 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 13% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.40, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$35.80, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.お知らせ • Mar 16Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 18, 2026Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanNew Risk • Mar 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 138% Dividend yield: 6.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 138% Earnings have declined by 9.0% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.81 (vs NT$2.56 in FY 2024)Full year 2025 results: EPS: NT$1.81 (down from NT$2.56 in FY 2024). Revenue: NT$108.7b (up 21% from FY 2024). Net income: NT$864.1m (down 24% from FY 2024). Profit margin: 0.8% (down from 1.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jan 08Now 23% undervaluedOver the last 90 days, the stock has risen 5.4% to NT$31.50. The fair value is estimated to be NT$40.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 24%.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.69 (vs NT$0.76 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.69 (down from NT$0.76 in 3Q 2024). Revenue: NT$26.4b (up 10% from 3Q 2024). Net income: NT$329.0m (down 5.1% from 3Q 2024). Profit margin: 1.2% (down from 1.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 14Second quarter 2025 earnings released: NT$0.34 loss per share (vs NT$0.84 profit in 2Q 2024)Second quarter 2025 results: NT$0.34 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$28.5b (up 26% from 2Q 2024). Net loss: NT$162.1m (down 145% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 04Upcoming dividend of NT$2.08 per shareEligible shareholders must have bought the stock before 11 August 2025. Payment date: 11 September 2025. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.40 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.40 in 1Q 2024). Revenue: NT$25.8b (up 40% from 1Q 2024). Net income: NT$322.7m (up 91% from 1Q 2024). Profit margin: 1.3% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Apr 29Weikeng Industrial Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Weikeng Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$28.30, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 16% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$2.56 (vs NT$1.85 in FY 2023)Full year 2024 results: EPS: NT$2.56 (up from NT$1.85 in FY 2023). Revenue: NT$89.7b (up 27% from FY 2023). Net income: NT$1.14b (up 45% from FY 2023). Profit margin: 1.3% (up from 1.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% 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 07Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2025Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanBuy Or Sell Opportunity • Mar 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to NT$35.80. The fair value is estimated to be NT$29.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 32%.お知らせ • Feb 27Weikeng Industrial Co., Ltd. to Report Q4, 2024 Results on Mar 06, 2025Weikeng Industrial Co., Ltd. announced that they will report Q4, 2024 results on Mar 06, 2025分析記事 • Nov 25We Think You Should Be Aware Of Some Concerning Factors In Weikeng Industrial's (TWSE:3033) EarningsWeikeng Industrial Co., Ltd.'s ( TWSE:3033 ) robust recent earnings didn't do much to move the stock. However the...New Risk • Nov 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.0% increase in shares outstanding).Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.76 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.76 (up from NT$0.59 in 3Q 2023). Revenue: NT$24.0b (up 29% from 3Q 2023). Net income: NT$346.7m (up 37% from 3Q 2023). Profit margin: 1.4% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.お知らせ • Nov 02Weikeng Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Weikeng Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024New Risk • Aug 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.7% increase in shares outstanding).Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.84 (vs NT$0.32 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.84 (up from NT$0.32 in 2Q 2023). Revenue: NT$22.5b (up 29% from 2Q 2023). Net income: NT$361.0m (up 166% from 2Q 2023). Profit margin: 1.6% (up from 0.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Aug 06Weikeng Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Weikeng Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Declared Dividend • Jul 01Dividend of NT$2.03 announcedShareholders will receive a dividend of NT$2.03. Ex-date: 26th July 2024 Payment date: 30th August 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (110% 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 increased by an average of 2.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 23% to bring the payout ratio under control, which is more than the 5.5% EPS growth achieved over the last 5 years.Buy Or Sell Opportunity • May 13Now 20% undervaluedOver the last 90 days, the stock has risen 14% to NT$35.25. The fair value is estimated to be NT$44.13, 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 19%.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.40 in 1Q 2023)First quarter 2024 results: EPS: NT$0.39 (down from NT$0.40 in 1Q 2023). Revenue: NT$18.4b (up 12% from 1Q 2023). Net income: NT$168.9m (flat on 1Q 2023). Profit margin: 0.9% (down from 1.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.分析記事 • May 07Is Weikeng Industrial (TWSE:3033) A Risky Investment?The 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 • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$39.30, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 114% over the past three years.お知らせ • Apr 28Weikeng Industrial Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Weikeng Industrial Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$1.85 (vs NT$4.03 in FY 2022)Full year 2023 results: EPS: NT$1.85 (down from NT$4.03 in FY 2022). Revenue: NT$70.9b (flat on FY 2022). Net income: NT$786.8m (down 54% from FY 2022). Profit margin: 1.1% (down from 2.4% in FY 2022). 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.お知らせ • Mar 12Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2024Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2024. Location: Chin-Chin Garden Restaurant (No.32, Ln. 266, Sec. 2, Zhishan Rd., Shilin Dist., Taipei City 111, Taiwan) Taipei City Taiwan Agenda: To discuss 2023 Business Report & Report to Shareholders; to discuss 2023 Financial Reports as Reviewed by the Audit Committee; to discuss Report on the financial and business matters between the Company and its related parties in 2023; to discuss Report on the Company implementation of the 6th domestic unsecured convertible corporate bonds; to discuss Report on the remuneration distribution of employees and directors for 2023; and to discuss other matters.Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to NT$31.35. The fair value is estimated to be NT$26.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 8.2%.New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.8% 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: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 136% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.32 (vs NT$1.29 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.32 (down from NT$1.29 in 2Q 2022). Revenue: NT$17.5b (flat on 2Q 2022). Net income: NT$135.6m (down 75% from 2Q 2022). Profit margin: 0.8% (down from 3.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$29.70, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 118% over the past three years.Upcoming Dividend • Jul 26Upcoming dividend of NT$3.07 per share at 8.8% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 96% but the company is not cash flow positive. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.1%).New Risk • Jul 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% The company is paying a dividend despite having no free cash flows. Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio).お知らせ • Jul 01Weikeng Industrial Co., Ltd. Approves Cash Dividend, Payable on September 1, 2023Weikeng Industrial Co., Ltd. announced at shareholders meeting held on June 30, 2023, approved cash dividend of TWD 1,312,988,000. Ex-rights (ex-dividend) trading date is August 2, 2023. Ex-rights (ex-dividend) record date is August 8, 2023. Payment date of cash dividend distribution is September 1, 2023.Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$4.03 (vs NT$4.54 in FY 2021)Full year 2022 results: EPS: NT$4.03 (down from NT$4.54 in FY 2021). Revenue: NT$70.3b (down 2.9% from FY 2021). Net income: NT$1.70b (down 1.3% from FY 2021). Profit margin: 2.4% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Buying Opportunity • Feb 13Now 20% undervaluedOver the last 90 days, the stock is up 1.7%. The fair value is estimated to be NT$33.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 63%.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.88 (vs NT$1.42 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.88 (down from NT$1.42 in 3Q 2021). Revenue: NT$18.2b (down 7.0% from 3Q 2021). Net income: NT$372.5m (down 30% from 3Q 2021). Profit margin: 2.0% (down from 2.7% 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 63% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Peggy Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.29 (vs NT$1.24 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.29 (up from NT$1.24 in 2Q 2021). Revenue: NT$17.4b (down 6.7% from 2Q 2021). Net income: NT$542.9m (up 19% from 2Q 2021). Profit margin: 3.1% (up from 2.4% 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 67% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 11+ 4 more updatesWeikeng Industrial Co., Ltd. Appoints Chou, Kan-Lin as CFO, Effective September 1, 2022Weikeng Industrial Co., Ltd. appointed CHOU, KAN-LIN(@Fama Chou),Senior Vice President of the Administration & Finance Division and Spokesperson, concurrently as the Corporate Governance Officer of the Company as CFO, effective date is September 1, 2022.Upcoming Dividend • Jul 18Upcoming dividend of NT$3.01 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 61% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.7%).お知らせ • Jun 29Weikeng Industrial Co., Ltd. Announces Cash Dividend for the Year 2021, Payable on August 25, 2022Weikeng Industrial Co., Ltd. announced dividend distribution of TWD 1,270,232,000 for the year 2021. Ex-rights (ex-dividend) trading date is July 25, 2022. Ex-rights (ex-dividend) record date is July 31, 2022. The cash dividends are scheduled to be paid on August 25, 2022.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. 4 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Peggy Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$4.54 (vs NT$1.90 in FY 2020)Full year 2021 results: EPS: NT$4.54 (up from NT$1.90 in FY 2020). Revenue: NT$72.4b (up 24% from FY 2020). Net income: NT$1.72b (up 146% from FY 2020). Profit margin: 2.4% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.42 (vs NT$0.64 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$19.6b (up 13% from 3Q 2020). Net income: NT$531.7m (up 127% from 3Q 2020). Profit margin: 2.7% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$27.65, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 63% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.24 (vs NT$0.55 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$18.7b (up 34% from 2Q 2020). Net income: NT$455.3m (up 123% from 2Q 2020). Profit margin: 2.4% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.33 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.9%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.25 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$15.8b (up 37% from 1Q 2020). Net income: NT$274.1m (up 202% from 1Q 2020). Profit margin: 1.7% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.分析記事 • Apr 13Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its DividendIs Weikeng Industrial Co., Ltd. ( TPE:3033 ) a good dividend stock? How can we tell? Dividend paying companies with...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.90 (vs NT$0.44 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$58.4b (up 21% from FY 2019). Net income: NT$699.3m (up 169% from FY 2019). Profit margin: 1.2% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.分析記事 • Mar 26Returns On Capital At Weikeng Industrial (TPE:3033) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Is New 90 Day High Low • Mar 11New 90-day high: NT$19.80The company is up 3.0% from its price of NT$19.25 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period.分析記事 • Mar 08Weikeng Industrial Co., Ltd. (TPE:3033) Has A ROE Of 9.5%Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...分析記事 • Feb 18Weikeng Industrial (TPE:3033) Shareholders Booked A 13% Gain In The Last YearThere's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if you choose that...分析記事 • Jan 19Weikeng Industrial (TPE:3033) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Jan 01Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its DividendDividend paying stocks like Weikeng Industrial Co., Ltd. ( TPE:3033 ) tend to be popular with investors, and for good...分析記事 • Dec 14Is Weikeng Industrial (TPE:3033) Likely To Turn Things Around?There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...分析記事 • Nov 26Does Weikeng Industrial Co., Ltd. (TPE:3033) Create Value For Shareholders?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...Is New 90 Day High Low • Nov 26New 90-day high: NT$19.20The company is up 7.0% from its price of NT$18.00 on 28 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.64The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$17.3b (up 32% from 3Q 2019). Net income: NT$234.6m (up 228% from 3Q 2019). Profit margin: 1.4% (up from 0.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Weikeng Industrial は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TWSE:3033 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026113,7641,2693,3063,327N/A12/31/2025108,716864725749N/A9/30/2025105,3797551,4611,487N/A6/30/2025102,9637734,3654,390N/A3/31/202597,0401,296-3,047-3,021N/A12/31/202489,6751,142-3,981-3,953N/A9/30/202483,1841,104-529-489N/A6/30/202477,8381,011-3,052-3,011N/A3/31/202472,812786-2,249-2,209N/A12/31/202370,8927871,0441,081N/A9/30/202370,4328371,1281,148N/A6/30/202369,971956-2,404-2,387N/A3/31/202369,8811,363-3,468-3,453N/A12/31/202270,2811,699-4,208-4,193N/A9/30/202270,8701,881-6,946-6,931N/A6/30/202272,2472,040-4,350-4,336N/A3/31/202273,5061,953359377N/A12/31/202172,4051,721-727-709N/A9/30/202169,6741,431737760N/A6/30/202167,3581,1341,3511,385N/A3/31/202162,6758821,0961,132N/A12/31/202058,413699-232-194N/A9/30/202055,8855571,0311,095N/A6/30/202051,6993942,0962,152N/A3/31/202049,2762771,1861,234N/A12/31/201948,224260N/A3,050N/A9/30/201946,676287N/A1,142N/A6/30/201948,406400N/A-1,165N/A3/31/201950,089511N/A-1,803N/A12/31/201852,987624N/A-2,164N/A9/30/201856,278758N/A-1,765N/A6/30/201855,927817N/A-672N/A3/31/201854,435718N/A-695N/A12/31/201751,929631N/A-71N/A9/30/201749,622536N/A-1,305N/A6/30/201746,831377N/A-1,158N/A3/31/201745,206374N/A-1,496N/A12/31/201643,742391N/A-2,342N/A9/30/201641,666417N/A-1,655N/A6/30/201640,322457N/A-1,905N/A3/31/201639,288472N/A-1,002N/A12/31/201538,839473N/A455N/A9/30/201538,500451N/A911N/A6/30/201538,331458N/A1,526N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 3033の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 3033の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 3033の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 3033の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 3033の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 3033の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YTech 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 13:53終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Weikeng 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。0
Valuation Update With 7 Day Price Move • 20hInvestor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$51.40, the stock trades at a trailing P/E ratio of 19.5x. Average trailing P/E is 34x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past three years.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.68 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.68 in 1Q 2025). Revenue: NT$30.9b (up 20% from 1Q 2025). Net income: NT$727.9m (up 125% from 1Q 2025). Profit margin: 2.4% (up from 1.3% in 1Q 2025). 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 13% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$42.40, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 30x in the Electronic industry in Taiwan. Total returns to shareholders of 70% over the past three years.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$35.80, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 46% over the past three years.
お知らせ • Mar 16Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 18, 2026Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
New Risk • Mar 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 138% Dividend yield: 6.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 131% Cash payout ratio: 138% Earnings have declined by 9.0% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.81 (vs NT$2.56 in FY 2024)Full year 2025 results: EPS: NT$1.81 (down from NT$2.56 in FY 2024). Revenue: NT$108.7b (up 21% from FY 2024). Net income: NT$864.1m (down 24% from FY 2024). Profit margin: 0.8% (down from 1.3% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jan 08Now 23% undervaluedOver the last 90 days, the stock has risen 5.4% to NT$31.50. The fair value is estimated to be NT$40.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has declined by 24%.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.69 (vs NT$0.76 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.69 (down from NT$0.76 in 3Q 2024). Revenue: NT$26.4b (up 10% from 3Q 2024). Net income: NT$329.0m (down 5.1% from 3Q 2024). Profit margin: 1.2% (down from 1.4% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 14Second quarter 2025 earnings released: NT$0.34 loss per share (vs NT$0.84 profit in 2Q 2024)Second quarter 2025 results: NT$0.34 loss per share (down from NT$0.84 profit in 2Q 2024). Revenue: NT$28.5b (up 26% from 2Q 2024). Net loss: NT$162.1m (down 145% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 04Upcoming dividend of NT$2.08 per shareEligible shareholders must have bought the stock before 11 August 2025. Payment date: 11 September 2025. Payout ratio is a comfortable 74% but the company is not cash flow positive. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.40 in 1Q 2024)First quarter 2025 results: EPS: NT$0.68 (up from NT$0.40 in 1Q 2024). Revenue: NT$25.8b (up 40% from 1Q 2024). Net income: NT$322.7m (up 91% from 1Q 2024). Profit margin: 1.3% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% 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 • Apr 29Weikeng Industrial Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Weikeng Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$28.30, the stock trades at a trailing P/E ratio of 11.8x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$2.56 (vs NT$1.85 in FY 2023)Full year 2024 results: EPS: NT$2.56 (up from NT$1.85 in FY 2023). Revenue: NT$89.7b (up 27% from FY 2023). Net income: NT$1.14b (up 45% from FY 2023). Profit margin: 1.3% (up from 1.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% 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 07Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2025Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Buy Or Sell Opportunity • Mar 07Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.6% to NT$35.80. The fair value is estimated to be NT$29.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years. Earnings per share has declined by 32%.
お知らせ • Feb 27Weikeng Industrial Co., Ltd. to Report Q4, 2024 Results on Mar 06, 2025Weikeng Industrial Co., Ltd. announced that they will report Q4, 2024 results on Mar 06, 2025
分析記事 • Nov 25We Think You Should Be Aware Of Some Concerning Factors In Weikeng Industrial's (TWSE:3033) EarningsWeikeng Industrial Co., Ltd.'s ( TWSE:3033 ) robust recent earnings didn't do much to move the stock. However the...
New Risk • Nov 24New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 8.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.2x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (8.0% increase in shares outstanding).
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.76 (vs NT$0.59 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.76 (up from NT$0.59 in 3Q 2023). Revenue: NT$24.0b (up 29% from 3Q 2023). Net income: NT$346.7m (up 37% from 3Q 2023). Profit margin: 1.4% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
お知らせ • Nov 02Weikeng Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Weikeng Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
New Risk • Aug 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (5.7% increase in shares outstanding).
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.84 (vs NT$0.32 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.84 (up from NT$0.32 in 2Q 2023). Revenue: NT$22.5b (up 29% from 2Q 2023). Net income: NT$361.0m (up 166% from 2Q 2023). Profit margin: 1.6% (up from 0.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Aug 06Weikeng Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Weikeng Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Declared Dividend • Jul 01Dividend of NT$2.03 announcedShareholders will receive a dividend of NT$2.03. Ex-date: 26th July 2024 Payment date: 30th August 2024 Dividend yield will be 5.5%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (110% 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 increased by an average of 2.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 23% to bring the payout ratio under control, which is more than the 5.5% EPS growth achieved over the last 5 years.
Buy Or Sell Opportunity • May 13Now 20% undervaluedOver the last 90 days, the stock has risen 14% to NT$35.25. The fair value is estimated to be NT$44.13, 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 19%.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.40 in 1Q 2023)First quarter 2024 results: EPS: NT$0.39 (down from NT$0.40 in 1Q 2023). Revenue: NT$18.4b (up 12% from 1Q 2023). Net income: NT$168.9m (flat on 1Q 2023). Profit margin: 0.9% (down from 1.0% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
分析記事 • May 07Is Weikeng Industrial (TWSE:3033) A Risky Investment?The 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 • May 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$39.30, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 114% over the past three years.
お知らせ • Apr 28Weikeng Industrial Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Weikeng Industrial Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$1.85 (vs NT$4.03 in FY 2022)Full year 2023 results: EPS: NT$1.85 (down from NT$4.03 in FY 2022). Revenue: NT$70.9b (flat on FY 2022). Net income: NT$786.8m (down 54% from FY 2022). Profit margin: 1.1% (down from 2.4% in FY 2022). 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.
お知らせ • Mar 12Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2024Weikeng Industrial Co., Ltd., Annual General Meeting, Jun 20, 2024. Location: Chin-Chin Garden Restaurant (No.32, Ln. 266, Sec. 2, Zhishan Rd., Shilin Dist., Taipei City 111, Taiwan) Taipei City Taiwan Agenda: To discuss 2023 Business Report & Report to Shareholders; to discuss 2023 Financial Reports as Reviewed by the Audit Committee; to discuss Report on the financial and business matters between the Company and its related parties in 2023; to discuss Report on the Company implementation of the 6th domestic unsecured convertible corporate bonds; to discuss Report on the remuneration distribution of employees and directors for 2023; and to discuss other matters.
Buy Or Sell Opportunity • Jan 30Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 17% to NT$31.35. The fair value is estimated to be NT$26.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.0% over the last 3 years. Earnings per share has grown by 8.2%.
New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.4% Last year net profit margin: 2.8% 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: Major Risks Interest payments are not well covered by earnings (2.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 136% Paying a dividend despite having no free cash flows. Minor Risk Profit margins are more than 30% lower than last year (1.4% net profit margin).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.32 (vs NT$1.29 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.32 (down from NT$1.29 in 2Q 2022). Revenue: NT$17.5b (flat on 2Q 2022). Net income: NT$135.6m (down 75% from 2Q 2022). Profit margin: 0.8% (down from 3.1% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 03Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$29.70, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 118% over the past three years.
Upcoming Dividend • Jul 26Upcoming dividend of NT$3.07 per share at 8.8% yieldEligible shareholders must have bought the stock before 02 August 2023. Payment date: 01 September 2023. Payout ratio is on the higher end at 96% but the company is not cash flow positive. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.1%).
New Risk • Jul 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 96% The company is paying a dividend despite having no free cash flows. Dividend yield: 9.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio).
お知らせ • Jul 01Weikeng Industrial Co., Ltd. Approves Cash Dividend, Payable on September 1, 2023Weikeng Industrial Co., Ltd. announced at shareholders meeting held on June 30, 2023, approved cash dividend of TWD 1,312,988,000. Ex-rights (ex-dividend) trading date is August 2, 2023. Ex-rights (ex-dividend) record date is August 8, 2023. Payment date of cash dividend distribution is September 1, 2023.
Reported Earnings • Mar 17Full year 2022 earnings released: EPS: NT$4.03 (vs NT$4.54 in FY 2021)Full year 2022 results: EPS: NT$4.03 (down from NT$4.54 in FY 2021). Revenue: NT$70.3b (down 2.9% from FY 2021). Net income: NT$1.70b (down 1.3% from FY 2021). Profit margin: 2.4% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Buying Opportunity • Feb 13Now 20% undervaluedOver the last 90 days, the stock is up 1.7%. The fair value is estimated to be NT$33.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 63%.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.88 (vs NT$1.42 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.88 (down from NT$1.42 in 3Q 2021). Revenue: NT$18.2b (down 7.0% from 3Q 2021). Net income: NT$372.5m (down 30% from 3Q 2021). Profit margin: 2.0% (down from 2.7% 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 63% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Peggy Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$1.29 (vs NT$1.24 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.29 (up from NT$1.24 in 2Q 2021). Revenue: NT$17.4b (down 6.7% from 2Q 2021). Net income: NT$542.9m (up 19% from 2Q 2021). Profit margin: 3.1% (up from 2.4% 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 67% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 11+ 4 more updatesWeikeng Industrial Co., Ltd. Appoints Chou, Kan-Lin as CFO, Effective September 1, 2022Weikeng Industrial Co., Ltd. appointed CHOU, KAN-LIN(@Fama Chou),Senior Vice President of the Administration & Finance Division and Spokesperson, concurrently as the Corporate Governance Officer of the Company as CFO, effective date is September 1, 2022.
Upcoming Dividend • Jul 18Upcoming dividend of NT$3.01 per shareEligible shareholders must have bought the stock before 25 July 2022. Payment date: 25 August 2022. Payout ratio is a comfortable 61% but the company is paying out more than the cash it is generating. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.7%).
お知らせ • Jun 29Weikeng Industrial Co., Ltd. Announces Cash Dividend for the Year 2021, Payable on August 25, 2022Weikeng Industrial Co., Ltd. announced dividend distribution of TWD 1,270,232,000 for the year 2021. Ex-rights (ex-dividend) trading date is July 25, 2022. Ex-rights (ex-dividend) record date is July 31, 2022. The cash dividends are scheduled to be paid on August 25, 2022.
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. 4 experienced directors. 5 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Peggy Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$4.54 (vs NT$1.90 in FY 2020)Full year 2021 results: EPS: NT$4.54 (up from NT$1.90 in FY 2020). Revenue: NT$72.4b (up 24% from FY 2020). Net income: NT$1.72b (up 146% from FY 2020). Profit margin: 2.4% (up from 1.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.42 (vs NT$0.64 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$19.6b (up 13% from 3Q 2020). Net income: NT$531.7m (up 127% from 3Q 2020). Profit margin: 2.7% (up from 1.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$27.65, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 63% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$1.24 (vs NT$0.55 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$18.7b (up 34% from 2Q 2020). Net income: NT$455.3m (up 123% from 2Q 2020). Profit margin: 2.4% (up from 1.5% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.33 per shareEligible shareholders must have bought the stock before 26 July 2021. Payment date: 20 August 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.9%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.25 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$15.8b (up 37% from 1Q 2020). Net income: NT$274.1m (up 202% from 1Q 2020). Profit margin: 1.7% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
分析記事 • Apr 13Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its DividendIs Weikeng Industrial Co., Ltd. ( TPE:3033 ) a good dividend stock? How can we tell? Dividend paying companies with...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$1.90 (vs NT$0.44 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$58.4b (up 21% from FY 2019). Net income: NT$699.3m (up 169% from FY 2019). Profit margin: 1.2% (up from 0.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
分析記事 • Mar 26Returns On Capital At Weikeng Industrial (TPE:3033) Have StalledIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Is New 90 Day High Low • Mar 11New 90-day high: NT$19.80The company is up 3.0% from its price of NT$19.25 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period.
分析記事 • Mar 08Weikeng Industrial Co., Ltd. (TPE:3033) Has A ROE Of 9.5%Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
分析記事 • Feb 18Weikeng Industrial (TPE:3033) Shareholders Booked A 13% Gain In The Last YearThere's no doubt that investing in the stock market is a truly brilliant way to build wealth. But if you choose that...
分析記事 • Jan 19Weikeng Industrial (TPE:3033) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
分析記事 • Jan 01Read This Before Buying Weikeng Industrial Co., Ltd. (TPE:3033) For Its DividendDividend paying stocks like Weikeng Industrial Co., Ltd. ( TPE:3033 ) tend to be popular with investors, and for good...
分析記事 • Dec 14Is Weikeng Industrial (TPE:3033) Likely To Turn Things Around?There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
分析記事 • Nov 26Does Weikeng Industrial Co., Ltd. (TPE:3033) Create Value For Shareholders?One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Is New 90 Day High Low • Nov 26New 90-day high: NT$19.20The company is up 7.0% from its price of NT$18.00 on 28 August 2020. The Taiwanese market is also up 7.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Electronic industry, which is up 4.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.64The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$17.3b (up 32% from 3Q 2019). Net income: NT$234.6m (up 228% from 3Q 2019). Profit margin: 1.4% (up from 0.5% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.