View Future GrowthJPP Holding 過去の業績過去 基準チェック /46JPP Holdingは、平均年間26.4%の収益成長を遂げていますが、 Electronic業界の収益は、年間 成長しています。収益は、平均年間0.4% 22.2%収益成長率で 成長しています。 JPP Holdingの自己資本利益率は18.2%であり、純利益率は17.3%です。主要情報26.45%収益成長率23.25%EPS成長率Electronic 業界の成長14.81%収益成長率22.20%株主資本利益率18.23%ネット・マージン17.32%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.お知らせ • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025すべての更新を表示Recent updatesPrice Target Changed • May 20Price target increased by 12% to NT$380Up from NT$340, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$363. Stock is up 127% over the past year. The company posted earnings per share of NT$12.06 last year.Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% 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. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$379, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Mar 12JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$317, the stock trades at a trailing P/E ratio of 48.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 558% over the past three years.Price Target Changed • Sep 23Price target increased by 7.5% to NT$280Up from NT$260, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$287. Stock is up 130% over the past year. The company posted earnings per share of NT$1.02 last year.New Risk • Sep 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (26% accrual ratio).Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$255, the stock trades at a trailing P/E ratio of 54.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 485% over the past three years.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.48 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%).Declared Dividend • Jun 25Dividend reduced to NT$1.50Dividend of NT$1.50 is 70% lower than last year. Ex-date: 18th July 2025 Payment date: 13th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.お知らせ • Jun 20+ 2 more updatesJPP Holding Company Limited Announces Changes in Remuneration Committee, Effective June 18, 2025On June 18, 2025, JPP HOLDING COMPANY LIMITED announced the changes in its 5th Remuneration Committee. The previous position holders included independent directors Mr. Chen Shih-Chin. Mr. Chen Shih-Chin served as the Company's independent director. The new position holders are Mr. Lai Chen-Chu, Mr. Li Chou-Wei, Mr. Lai Chen-Chu was a Court Judge of Banqiao District Taiwan, and Mr. Li Chou-Wei was the Director of the Consultancy Department at R&K Consultants Limited and Mr. Wang Wen-Yuan, who is the Chief Financial Officer of TSRC Corporation. The effective date of the new members is June 18, 2025.お知らせ • Jun 19+ 1 more updateJPP Holding Company Limited Approves Cash Dividend for Year 2024JPP Holding Company Limited at its AGM held on June 18, 2025, approved Cash dividend of TWD 1.5 per share for year 2024.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$180, the stock trades at a trailing P/E ratio of 38.6x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 374% over the past three years.New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.お知らせ • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$1.02 (vs NT$8.33 in FY 2023)Full year 2024 results: EPS: NT$1.02 (down from NT$8.33 in FY 2023). Revenue: NT$2.39b (up 6.2% from FY 2023). Net income: NT$49.2m (down 88% from FY 2023). Profit margin: 2.1% (down from 18% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.お知らせ • Mar 14JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city TaiwanNew Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% 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 Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).お知らせ • Dec 11JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million.JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 2,400,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Transaction Features: Rights OfferingReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.50 (vs NT$2.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.50 (down from NT$2.99 in 3Q 2023). Revenue: NT$615.4m (down 4.5% from 3Q 2023). Net income: NT$23.9m (down 83% from 3Q 2023). Profit margin: 3.9% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 30JPP Holding Company Limited to Report Q3, 2024 Results on Nov 07, 2024JPP Holding Company Limited announced that they will report Q3, 2024 results on Nov 07, 2024分析記事 • Oct 24Revenues Not Telling The Story For JPP Holding Company Limited (TWSE:5284) After Shares Rise 27%JPP Holding Company Limited ( TWSE:5284 ) shareholders have had their patience rewarded with a 27% share price jump in...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$149, the stock trades at a trailing P/E ratio of 73.2x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$98.46 per share.Buy Or Sell Opportunity • Sep 16Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to NT$124. The fair value is estimated to be NT$98.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 24%.お知らせ • Aug 14JPP Holding Company Limited to Report Q2, 2024 Results on Aug 22, 2024JPP Holding Company Limited announced that they will report Q2, 2024 results on Aug 22, 2024Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 19% to NT$107. The fair value is estimated to be NT$85.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 39%.分析記事 • Aug 06Slowing Rates Of Return At JPP Holding (TWSE:5284) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.分析記事 • Jun 23JPP Holding (TWSE:5284) Is Paying Out A Larger Dividend Than Last YearJPP Holding Company Limited ( TWSE:5284 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jun 22Dividend increased to NT$5.00Dividend of NT$5.00 is 79% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it covered by cash flows (256% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control, which is more than the 4.2% EPS growth achieved over the last 5 years.Reported Earnings • May 18First quarter 2024 earnings released: NT$1.26 loss per share (vs NT$2.52 profit in 1Q 2023)First quarter 2024 results: NT$1.26 loss per share (down from NT$2.52 profit in 1Q 2023). Revenue: NT$602.5m (up 7.8% from 1Q 2023). Net loss: NT$60.4m (down 150% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 15.1x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 241% over the past three years.お知らせ • May 03JPP Holding Company Limited to Report Q1, 2024 Results on May 09, 2024JPP Holding Company Limited announced that they will report Q1, 2024 results on May 09, 2024分析記事 • Apr 28Slammed 27% JPP Holding Company Limited (TWSE:5284) Screens Well Here But There Might Be A CatchJPP Holding Company Limited ( TWSE:5284 ) shares have retraced a considerable 27% in the last month, reversing a fair...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$168, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 298% over the past three years.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.33 (vs NT$5.45 in FY 2022)Full year 2023 results: EPS: NT$8.33 (up from NT$5.45 in FY 2022). Revenue: NT$2.25b (up 26% from FY 2022). Net income: NT$399.4m (up 64% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Mar 13A Piece Of The Puzzle Missing From JPP Holding Company Limited's (TWSE:5284) 37% Share Price ClimbJPP Holding Company Limited ( TWSE:5284 ) shares have continued their recent momentum with a 37% gain in the last month...お知らせ • Mar 13JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024. Location: 8th Fl., No. 350, Songjiang Rd., Zhongshan Dist Taiwan R.O.C Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employees' and directors' remuneration; to consider report on amendments to the company's the governing procedure of board; to acknowledge the 4th quarter of 2023 restated consolidated financial statements; to consider the 2023 annual final accounting books and statements; to consider the 2023 earnings distribution; and to consider other issues.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$228, the stock trades at a trailing P/E ratio of 23.6x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 528% over the past three years.分析記事 • Mar 01If EPS Growth Is Important To You, JPP Holding (TWSE:5284) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$173, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 437% over the past three years.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$130, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 317% over the past three years.New Risk • Nov 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.99 (vs NT$1.69 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.99 (up from NT$1.69 in 3Q 2022). Revenue: NT$644.6m (up 32% from 3Q 2022). Net income: NT$143.2m (up 90% from 3Q 2022). Profit margin: 22% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 55% per year.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: NT$2.76 (vs NT$1.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.76 (up from NT$1.21 in 2Q 2022). Revenue: NT$562.1m (up 44% from 2Q 2022). Net income: NT$132.2m (up 151% from 2Q 2022). Profit margin: 24% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 03Upcoming dividend of NT$2.80 per share at 1.9% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 26 July 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).お知らせ • Jun 21Jpp Holding Company Limited Announces Cash Dividends, Payment Date of Cash Dividend Distribution Is July 26, 2023JPP Holding Company Limited announced Cash dividends of TWD 134,200,808. (TWD 2.8 per share) of common stock. Ex-rights (ex-dividend) trading date is July 10, 2023. Last date before book closure is July 11, 2023. Payment date of cash dividend distribution is July 26, 2023.Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 294% over the past three years.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 54% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$56.60, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.79 in 2Q 2021). Revenue: NT$391.2m (up 21% from 2Q 2021). Net income: NT$52.7m (up 54% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 15Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 17 August 2022. Payout ratio and cash payout ratio are on the higher end at 80% and 85% respectively. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).お知らせ • Jun 25JPP Holding Company Limited Approves Cash Dividend for 2021JPP Holding Company Limited at its AGM held on June 23, 2022, approved cash dividend of TWD 2.30 per share for shareholders for 2021.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.25 in 1Q 2021)First quarter 2022 results: EPS: NT$1.12 (down from NT$1.25 in 1Q 2021). Revenue: NT$391.4m (up 7.8% from 1Q 2021). Net income: NT$49.0m (down 10% from 1Q 2021). Profit margin: 13% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.Price Target Changed • Apr 27Price target decreased to NT$50.00Down from NT$71.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of NT$43.40. Stock is down 5.8% over the past year. The company posted earnings per share of NT$3.00 last year.Board Change • Apr 27Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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 30Full year 2021 earnings released: EPS: NT$3.00 (vs NT$2.65 in FY 2020)Full year 2021 results: EPS: NT$3.00 (up from NT$2.65 in FY 2020). Revenue: NT$1.35b (up 7.3% from FY 2020). Net income: NT$130.9m (up 13% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$320.8m (up 22% from 3Q 2020). Net income: NT$36.1m (up 157% from 3Q 2020). Profit margin: 11% (up from 5.3% 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 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$323.6m (flat on 2Q 2020). Net income: NT$34.3m (up 59% from 2Q 2020). Profit margin: 11% (up from 6.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.25 (vs NT$1.29 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$363.1m (up 6.9% from 1Q 2020). Net income: NT$54.5m (down 3.2% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.分析記事 • Apr 12Is JPP Holding (TPE:5284) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$2.65 (vs NT$2.31 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.26b (down 12% from FY 2019). Net income: NT$115.9m (up 27% from FY 2019). Profit margin: 9.2% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.分析記事 • Mar 23Returns On Capital At JPP Holding (TPE:5284) Paint A Concerning PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...分析記事 • Feb 26JPP Holding Company Limited's (TPE:5284) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?JPP Holding's (TPE:5284) stock is up by a considerable 8.1% over the past month. We, however wanted to have a closer...Is New 90 Day High Low • Feb 19New 90-day high: NT$36.30The company is up 6.0% from its price of NT$34.35 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.分析記事 • Feb 08Something To Consider Before Buying JPP Holding Company Limited (TPE:5284) For The 5.4% DividendDividend paying stocks like JPP Holding Company Limited ( TPE:5284 ) tend to be popular with investors, and for good...分析記事 • Jan 22JPP Holding's(TPE:5284) Share Price Is Down 53% Over The Past Five Years.Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...分析記事 • Jan 07JPP Holding (TPE:5284) 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 • Dec 23Our Take On The Returns On Capital At JPP Holding (TPE:5284)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Is New 90 Day High Low • Dec 16New 90-day high: NT$36.15The company is up 4.0% from its price of NT$34.60 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.分析記事 • Dec 08Does JPP Holding's (TPE:5284) Statutory Profit Adequately Reflect Its Underlying Profit?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Is New 90 Day High Low • Nov 27New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.60 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.分析記事 • Nov 23Can JPP Holding Company Limited's (TPE:5284) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?Most readers would already be aware that JPP Holding's (TPE:5284) stock increased significantly by 5.3% over the past...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$262.8m (down 29% from 3Q 2019). Net income: NT$14.0m (down 45% from 3Q 2019). Profit margin: 5.3% (down from 6.9% 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 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 16New 90-day low: NT$33.45The company is down 17% from its price of NT$40.30 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$33.80The company is down 21% from its price of NT$42.75 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.収支内訳JPP Holding の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:5284 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 264,0917086792931 Dec 253,7316185932930 Sep 253,3005425192930 Jun 252,9653334032931 Mar 252,5922384052831 Dec 242,388496102730 Sep 242,172-225522630 Jun 242,201975912531 Mar 242,2932185892531 Dec 232,2493993662430 Sep 232,2854633972330 Jun 232,1283953512231 Mar 231,9573153172231 Dec 221,7892443042130 Sep 221,6141832892130 Jun 221,4471442742131 Mar 221,3791252702131 Dec 211,3511312622030 Sep 211,3421522402030 Jun 211,2841292522031 Mar 211,2831152492031 Dec 201,2591162642030 Sep 201,281952792030 Jun 201,3901062832031 Mar 201,4241112872131 Dec 191,438912902130 Sep 191,3901072762130 Jun 191,3551222592031 Mar 191,2821462502031 Dec 181,2181472171930 Sep 181,2381652071830 Jun 181,2371812061831 Mar 181,2732021981731 Dec 171,2742051971730 Sep 171,2322111941630 Jun 171,2121901931631 Mar 171,1841611871631 Dec 161,1831611831530 Sep 161,2131471781530 Jun 161,2031761691631 Mar 161,2041821721531 Dec 151,2041751741530 Sep 151,1551791751330 Jun 151,13215217512質の高い収益: 5284 非現金収入 のレベルが高いです。利益率の向上: 5284の現在の純利益率 (17.3%)は、昨年(9.2%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 5284の収益は過去 5 年間で年間26.4%増加しました。成長の加速: 5284の過去 1 年間の収益成長率 ( 198% ) は、5 年間の平均 ( 年間26.4%を上回っています。収益対業界: 5284の過去 1 年間の収益成長率 ( 198% ) はElectronic業界-4%を上回りました。株主資本利益率高いROE: 5284の 自己資本利益率 ( 18.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTech 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 07:47終値2026/05/22 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JPP Holding Company Limited 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。3 アナリスト機関Jianhong WuCapital Securities CorporationLisa HsiehMasterlink Securities Investment AdvisoryDe Yu PuYuanta Research
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
お知らせ • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025
Price Target Changed • May 20Price target increased by 12% to NT$380Up from NT$340, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$363. Stock is up 127% over the past year. The company posted earnings per share of NT$12.06 last year.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.7% 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. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$379, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.
New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Mar 12JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$317, the stock trades at a trailing P/E ratio of 48.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 558% over the past three years.
Price Target Changed • Sep 23Price target increased by 7.5% to NT$280Up from NT$260, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$287. Stock is up 130% over the past year. The company posted earnings per share of NT$1.02 last year.
New Risk • Sep 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. 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). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.
New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (26% accrual ratio).
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$255, the stock trades at a trailing P/E ratio of 54.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 485% over the past three years.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.48 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%).
Declared Dividend • Jun 25Dividend reduced to NT$1.50Dividend of NT$1.50 is 70% lower than last year. Ex-date: 18th July 2025 Payment date: 13th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.
お知らせ • Jun 20+ 2 more updatesJPP Holding Company Limited Announces Changes in Remuneration Committee, Effective June 18, 2025On June 18, 2025, JPP HOLDING COMPANY LIMITED announced the changes in its 5th Remuneration Committee. The previous position holders included independent directors Mr. Chen Shih-Chin. Mr. Chen Shih-Chin served as the Company's independent director. The new position holders are Mr. Lai Chen-Chu, Mr. Li Chou-Wei, Mr. Lai Chen-Chu was a Court Judge of Banqiao District Taiwan, and Mr. Li Chou-Wei was the Director of the Consultancy Department at R&K Consultants Limited and Mr. Wang Wen-Yuan, who is the Chief Financial Officer of TSRC Corporation. The effective date of the new members is June 18, 2025.
お知らせ • Jun 19+ 1 more updateJPP Holding Company Limited Approves Cash Dividend for Year 2024JPP Holding Company Limited at its AGM held on June 18, 2025, approved Cash dividend of TWD 1.5 per share for year 2024.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$180, the stock trades at a trailing P/E ratio of 38.6x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 374% over the past three years.
New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
お知らせ • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).
New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$1.02 (vs NT$8.33 in FY 2023)Full year 2024 results: EPS: NT$1.02 (down from NT$8.33 in FY 2023). Revenue: NT$2.39b (up 6.2% from FY 2023). Net income: NT$49.2m (down 88% from FY 2023). Profit margin: 2.1% (down from 18% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
お知らせ • Mar 14JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city Taiwan
New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% 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 Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).
お知らせ • Dec 11JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million.JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 2,400,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Transaction Features: Rights Offering
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.50 (vs NT$2.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.50 (down from NT$2.99 in 3Q 2023). Revenue: NT$615.4m (down 4.5% from 3Q 2023). Net income: NT$23.9m (down 83% from 3Q 2023). Profit margin: 3.9% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 30JPP Holding Company Limited to Report Q3, 2024 Results on Nov 07, 2024JPP Holding Company Limited announced that they will report Q3, 2024 results on Nov 07, 2024
分析記事 • Oct 24Revenues Not Telling The Story For JPP Holding Company Limited (TWSE:5284) After Shares Rise 27%JPP Holding Company Limited ( TWSE:5284 ) shareholders have had their patience rewarded with a 27% share price jump in...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$149, the stock trades at a trailing P/E ratio of 73.2x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$98.46 per share.
Buy Or Sell Opportunity • Sep 16Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to NT$124. The fair value is estimated to be NT$98.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 24%.
お知らせ • Aug 14JPP Holding Company Limited to Report Q2, 2024 Results on Aug 22, 2024JPP Holding Company Limited announced that they will report Q2, 2024 results on Aug 22, 2024
Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 19% to NT$107. The fair value is estimated to be NT$85.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 39%.
分析記事 • Aug 06Slowing Rates Of Return At JPP Holding (TWSE:5284) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.
分析記事 • Jun 23JPP Holding (TWSE:5284) Is Paying Out A Larger Dividend Than Last YearJPP Holding Company Limited ( TWSE:5284 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jun 22Dividend increased to NT$5.00Dividend of NT$5.00 is 79% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it covered by cash flows (256% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control, which is more than the 4.2% EPS growth achieved over the last 5 years.
Reported Earnings • May 18First quarter 2024 earnings released: NT$1.26 loss per share (vs NT$2.52 profit in 1Q 2023)First quarter 2024 results: NT$1.26 loss per share (down from NT$2.52 profit in 1Q 2023). Revenue: NT$602.5m (up 7.8% from 1Q 2023). Net loss: NT$60.4m (down 150% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 15.1x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 241% over the past three years.
お知らせ • May 03JPP Holding Company Limited to Report Q1, 2024 Results on May 09, 2024JPP Holding Company Limited announced that they will report Q1, 2024 results on May 09, 2024
分析記事 • Apr 28Slammed 27% JPP Holding Company Limited (TWSE:5284) Screens Well Here But There Might Be A CatchJPP Holding Company Limited ( TWSE:5284 ) shares have retraced a considerable 27% in the last month, reversing a fair...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$168, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 298% over the past three years.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.33 (vs NT$5.45 in FY 2022)Full year 2023 results: EPS: NT$8.33 (up from NT$5.45 in FY 2022). Revenue: NT$2.25b (up 26% from FY 2022). Net income: NT$399.4m (up 64% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Mar 13A Piece Of The Puzzle Missing From JPP Holding Company Limited's (TWSE:5284) 37% Share Price ClimbJPP Holding Company Limited ( TWSE:5284 ) shares have continued their recent momentum with a 37% gain in the last month...
お知らせ • Mar 13JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024. Location: 8th Fl., No. 350, Songjiang Rd., Zhongshan Dist Taiwan R.O.C Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employees' and directors' remuneration; to consider report on amendments to the company's the governing procedure of board; to acknowledge the 4th quarter of 2023 restated consolidated financial statements; to consider the 2023 annual final accounting books and statements; to consider the 2023 earnings distribution; and to consider other issues.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$228, the stock trades at a trailing P/E ratio of 23.6x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 528% over the past three years.
分析記事 • Mar 01If EPS Growth Is Important To You, JPP Holding (TWSE:5284) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$173, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 437% over the past three years.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$130, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 317% over the past three years.
New Risk • Nov 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.99 (vs NT$1.69 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.99 (up from NT$1.69 in 3Q 2022). Revenue: NT$644.6m (up 32% from 3Q 2022). Net income: NT$143.2m (up 90% from 3Q 2022). Profit margin: 22% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 55% per year.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: NT$2.76 (vs NT$1.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.76 (up from NT$1.21 in 2Q 2022). Revenue: NT$562.1m (up 44% from 2Q 2022). Net income: NT$132.2m (up 151% from 2Q 2022). Profit margin: 24% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.80 per share at 1.9% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 26 July 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
お知らせ • Jun 21Jpp Holding Company Limited Announces Cash Dividends, Payment Date of Cash Dividend Distribution Is July 26, 2023JPP Holding Company Limited announced Cash dividends of TWD 134,200,808. (TWD 2.8 per share) of common stock. Ex-rights (ex-dividend) trading date is July 10, 2023. Last date before book closure is July 11, 2023. Payment date of cash dividend distribution is July 26, 2023.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 294% over the past three years.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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 • Nov 13Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$56.60, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.79 in 2Q 2021). Revenue: NT$391.2m (up 21% from 2Q 2021). Net income: NT$52.7m (up 54% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 15Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 17 August 2022. Payout ratio and cash payout ratio are on the higher end at 80% and 85% respectively. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).
お知らせ • Jun 25JPP Holding Company Limited Approves Cash Dividend for 2021JPP Holding Company Limited at its AGM held on June 23, 2022, approved cash dividend of TWD 2.30 per share for shareholders for 2021.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.25 in 1Q 2021)First quarter 2022 results: EPS: NT$1.12 (down from NT$1.25 in 1Q 2021). Revenue: NT$391.4m (up 7.8% from 1Q 2021). Net income: NT$49.0m (down 10% from 1Q 2021). Profit margin: 13% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Apr 27Price target decreased to NT$50.00Down from NT$71.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of NT$43.40. Stock is down 5.8% over the past year. The company posted earnings per share of NT$3.00 last year.
Board Change • Apr 27Less 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 an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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 30Full year 2021 earnings released: EPS: NT$3.00 (vs NT$2.65 in FY 2020)Full year 2021 results: EPS: NT$3.00 (up from NT$2.65 in FY 2020). Revenue: NT$1.35b (up 7.3% from FY 2020). Net income: NT$130.9m (up 13% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$320.8m (up 22% from 3Q 2020). Net income: NT$36.1m (up 157% from 3Q 2020). Profit margin: 11% (up from 5.3% 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 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$323.6m (flat on 2Q 2020). Net income: NT$34.3m (up 59% from 2Q 2020). Profit margin: 11% (up from 6.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.25 (vs NT$1.29 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$363.1m (up 6.9% from 1Q 2020). Net income: NT$54.5m (down 3.2% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 12Is JPP Holding (TPE:5284) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$2.65 (vs NT$2.31 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.26b (down 12% from FY 2019). Net income: NT$115.9m (up 27% from FY 2019). Profit margin: 9.2% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
分析記事 • Mar 23Returns On Capital At JPP Holding (TPE:5284) Paint A Concerning PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
分析記事 • Feb 26JPP Holding Company Limited's (TPE:5284) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?JPP Holding's (TPE:5284) stock is up by a considerable 8.1% over the past month. We, however wanted to have a closer...
Is New 90 Day High Low • Feb 19New 90-day high: NT$36.30The company is up 6.0% from its price of NT$34.35 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
分析記事 • Feb 08Something To Consider Before Buying JPP Holding Company Limited (TPE:5284) For The 5.4% DividendDividend paying stocks like JPP Holding Company Limited ( TPE:5284 ) tend to be popular with investors, and for good...
分析記事 • Jan 22JPP Holding's(TPE:5284) Share Price Is Down 53% Over The Past Five Years.Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
分析記事 • Jan 07JPP Holding (TPE:5284) 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 • Dec 23Our Take On The Returns On Capital At JPP Holding (TPE:5284)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Is New 90 Day High Low • Dec 16New 90-day high: NT$36.15The company is up 4.0% from its price of NT$34.60 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.
分析記事 • Dec 08Does JPP Holding's (TPE:5284) Statutory Profit Adequately Reflect Its Underlying Profit?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Is New 90 Day High Low • Nov 27New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.60 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
分析記事 • Nov 23Can JPP Holding Company Limited's (TPE:5284) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?Most readers would already be aware that JPP Holding's (TPE:5284) stock increased significantly by 5.3% over the past...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$262.8m (down 29% from 3Q 2019). Net income: NT$14.0m (down 45% from 3Q 2019). Profit margin: 5.3% (down from 6.9% 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 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 16New 90-day low: NT$33.45The company is down 17% from its price of NT$40.30 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$33.80The company is down 21% from its price of NT$42.75 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.