Global Brands Manufacture（6191）株式概要Global Brands Manufacture Ltd.は、その子会社とともに台湾でプリント基板（PCB）製造および電子機器製造サービス（EMS）事業を行っている。 詳細6191 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長2/6過去の実績4/6財務の健全性4/6配当金2/6報酬株価収益率（ 15.3 x） TW市場（ 22.9 x）を下回っています。収益は年間22.9%増加すると予測されています 過去1年間で収益は6.7%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析3.06%の配当はフリーキャッシュフローで十分にカバーされていない 利益率(8.5%)は昨年より低い(13.8%) すべてのリスクチェックを見る6191 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$98.0059.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-51m50b2016201920222025202620282031Revenue NT$50.3bEarnings NT$4.3bAdvancedSet Fair ValueView all narrativesGlobal Brands Manufacture Ltd. 競合他社Dynamic HoldingSymbol: TWSE:3715Market cap: NT$50.8bAsia OpticalSymbol: TWSE:3019Market cap: NT$41.7bLelon ElectronicsSymbol: TWSE:2472Market cap: NT$55.6bTaiflex ScientificSymbol: TWSE:8039Market cap: NT$42.0b価格と性能株価の高値、安値、推移の概要Global Brands Manufacture過去の株価現在の株価NT$98.0052週高値NT$149.5052週安値NT$75.20ベータ0.641ヶ月の変化-8.41%3ヶ月変化-10.09%1年変化1.77%3年間の変化150.32%5年間の変化184.42%IPOからの変化736.04%最新ニュースNew Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (242% cash payout ratio). Profit margins are more than 30% lower than last year (8.5% net profit margin).Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$9.34b (up 81% from 1Q 2025). Net income: NT$795.8m (up 7.4% from 1Q 2025). Profit margin: 8.5% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$105, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 252% over the past three years.Reported Earnings • Mar 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$6.55 (up from NT$6.01 in FY 2024). Revenue: NT$33.7b (up 56% from FY 2024). Net income: NT$3.15b (up 11% from FY 2024). Profit margin: 9.3% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$89.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 225% over the past three years.お知らせ • Feb 25Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026. Location: 1 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan最新情報をもっと見るRecent updatesNew Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (242% cash payout ratio). Profit margins are more than 30% lower than last year (8.5% net profit margin).Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$9.34b (up 81% from 1Q 2025). Net income: NT$795.8m (up 7.4% from 1Q 2025). Profit margin: 8.5% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$105, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 252% over the past three years.Reported Earnings • Mar 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$6.55 (up from NT$6.01 in FY 2024). Revenue: NT$33.7b (up 56% from FY 2024). Net income: NT$3.15b (up 11% from FY 2024). Profit margin: 9.3% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$89.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 225% over the past three years.お知らせ • Feb 25Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026. Location: 1 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city TaiwanBuy Or Sell Opportunity • Feb 03Now 24% overvaluedOver the last 90 days, the stock has fallen 8.8% to NT$109. The fair value is estimated to be NT$87.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$122, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 378% over the past three years.Buy Or Sell Opportunity • Nov 20Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$114. The fair value is estimated to be NT$88.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%.Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: NT$1.96 (vs NT$1.90 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.96 (up from NT$1.90 in 3Q 2024). Revenue: NT$9.57b (up 62% from 3Q 2024). Net income: NT$942.3m (up 4.5% from 3Q 2024). Profit margin: 9.8% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Sep 15Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 159.375 million.Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 159.375 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,125,000 Price\Range: TWD 75Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$120, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 372% over the past three years.Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: NT$1.48 (vs NT$1.82 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.48 (down from NT$1.82 in 2Q 2024). Revenue: NT$9.66b (up 70% from 2Q 2024). Net income: NT$698.8m (down 19% from 2Q 2024). Profit margin: 7.2% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Declared Dividend • Jul 04Dividend reduced to NT$3.01Dividend of NT$3.01 is 8.8% lower than last year. Ex-date: 18th July 2025 Payment date: 6th August 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Jul 03Now 21% undervaluedOver the last 90 days, the stock has risen 30% to NT$86.70. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has grown by 7.1%.Buy Or Sell Opportunity • May 29Now 23% undervaluedOver the last 90 days, the stock has risen 17% to NT$86.70. The fair value is estimated to be NT$113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has grown by 7.1%.Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$86.50, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 224% over the past three years.Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.57 (vs NT$1.24 in 1Q 2024)First quarter 2025 results: EPS: NT$1.57 (up from NT$1.24 in 1Q 2024). Revenue: NT$5.16b (flat on 1Q 2024). Net income: NT$741.3m (up 27% from 1Q 2024). Profit margin: 14% (up from 11% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Apr 25Global Brands Manufacture Ltd. to Report Q1, 2025 Results on May 02, 2025Global Brands Manufacture Ltd. announced that they will report Q1, 2025 results on May 02, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$54.10, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past three years.お知らせ • Mar 27Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2025Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2025. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city TaiwanBuy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 30% to NT$71.50. The fair value is estimated to be NT$91.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has grown by 7.4%.New Risk • Mar 01New 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 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.お知らせ • Feb 12Global Brands Manufacture Ltd. to Report Fiscal Year 2024 Results on Feb 19, 2025Global Brands Manufacture Ltd. announced that they will report fiscal year 2024 results on Feb 19, 2025Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$75.60, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 154% over the past three years.分析記事 • Feb 09Investors Will Want Global Brands Manufacture's (TWSE:6191) Growth In ROCE To PersistThere 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...New Risk • Jan 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change).分析記事 • Jan 03Global Brands Manufacture Ltd.'s (TWSE:6191) Shares Bounce 26% But Its Business Still Trails The MarketGlobal Brands Manufacture Ltd. ( TWSE:6191 ) shares have had a really impressive month, gaining 26% after a shaky...Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$63.20, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$1.90 (vs NT$2.57 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.90 (down from NT$2.57 in 3Q 2023). Revenue: NT$5.90b (down 3.1% from 3Q 2023). Net income: NT$901.9m (down 25% from 3Q 2023). Profit margin: 15% (down from 20% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Nov 14If EPS Growth Is Important To You, Global Brands Manufacture (TWSE:6191) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...お知らせ • Oct 22Global Brands Manufacture Ltd. to Report Q3, 2024 Results on Oct 29, 2024Global Brands Manufacture Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024分析記事 • Sep 26Global Brands Manufacture (TWSE:6191) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Sep 05Global Brands Manufacture Ltd.'s (TWSE:6191) Shares Lagging The Market But So Is The BusinessWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 21x, you may consider...分析記事 • Aug 09With EPS Growth And More, Global Brands Manufacture (TWSE:6191) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.82 (vs NT$1.39 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.82 (up from NT$1.39 in 2Q 2023). Revenue: NT$5.68b (down 3.9% from 2Q 2023). Net income: NT$863.4m (up 33% from 2Q 2023). Profit margin: 15% (up from 11% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 05Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to NT$59.80. The fair value is estimated to be NT$81.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 6.3%.お知らせ • Jul 24Global Brands Manufacture Ltd. to Report Q2, 2024 Results on Jul 31, 2024Global Brands Manufacture Ltd. announced that they will report Q2, 2024 results on Jul 31, 2024分析記事 • Jul 22Is Global Brands Manufacture (TWSE:6191) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Declared Dividend • Jun 24Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 9th July 2024 Payment date: 30th July 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 34% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Board Change • May 29Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director David Chao was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • May 17Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 82.597334 million.Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 82.597334 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 82,597,334 Price\Range: TWD 1 Transaction Features: Rights OfferingReported Earnings • May 13First quarter 2024 earnings released: EPS: NT$1.24 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$1.24 (down from NT$1.26 in 1Q 2023). Revenue: NT$5.12b (down 2.5% from 1Q 2023). Net income: NT$583.2m (down 1.8% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). 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 36% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 29Global Brands Manufacture Ltd.'s (TWSE:6191) Share Price Is Matching Sentiment Around Its EarningsGlobal Brands Manufacture Ltd.'s ( TWSE:6191 ) price-to-earnings (or "P/E") ratio of 10.9x might make it look like a...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$76.10, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.分析記事 • Mar 19Does Global Brands Manufacture (TWSE:6191) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Board Change • Mar 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director David Chao was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$6.73 (vs NT$5.24 in FY 2022)Full year 2023 results: EPS: NT$6.73 (up from NT$5.24 in FY 2022). Revenue: NT$22.9b (down 5.7% from FY 2022). Net income: NT$3.16b (up 28% from FY 2022). Profit margin: 14% (up from 10% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 23Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2024Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2024. Location: 2F., No. 223, Sec. 3, Beixin Rd., Xindian Dist., New Taipei City Taipei Innovation City Convention Center Tai Pei Taiwan Agenda: To consider Reported matter; To consider 2023 Business Report; To consider Audit Committee's review report; To consider Report on the 2023 remuneration of employees and directors.Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$2.57 (up from NT$1.54 in 3Q 2022). Revenue: NT$6.08b (down 4.0% from 3Q 2022). Net income: NT$1.21b (up 66% from 3Q 2022). Profit margin: 20% (up from 12% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 69%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$63.90, the stock trades at a trailing P/E ratio of 12.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 212% over the past three years.New Risk • Oct 31New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change).お知らせ • Oct 31Global Brands Manufacture Ltd. to Report Q3, 2023 Results on Oct 30, 2023Global Brands Manufacture Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: NT$1.39 (vs NT$1.19 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.39 (up from NT$1.19 in 2Q 2022). Revenue: NT$5.91b (up 2.3% from 2Q 2022). Net income: NT$647.5m (up 16% from 2Q 2022). Profit margin: 11% (up from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 12Upcoming dividend of NT$2.62 per share at 5.5% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).お知らせ • Jul 01Global Brands Manufacture Ltd. Announces the Cash Dividend to Common Shareholders, Payable on August 15, 2023Global Brands Manufacture Ltd. announced the cash dividend to common shareholders is TWD 1,233,187,800, the distribution ratio is TWD 2.62083726 per share. Ex-rights (ex-dividend) trading date is July 19, 2023. Ex-rights (ex-dividend) record date is July 25, 2023. The payment date of cash dividend distribution is August 15, 2023.お知らせ • Jun 27Global Brands Manufacture Ltd. Announces Change of the President, Effective from July 1, 2023Global Brands Manufacture Ltd. announced the retirement of Lai, Wei-Chen as President of the Company and appointed Tao, Cheng-Kuo as President. Resume of the new position holder: President of HannStar Board Corp. effective from July 1, 2023.Reported Earnings • Jun 23First quarter 2023 earnings released: EPS: NT$1.26 (vs NT$1.43 in 1Q 2022)First quarter 2023 results: EPS: NT$1.26 (down from NT$1.43 in 1Q 2022). Revenue: NT$5.26b (down 16% from 1Q 2022). Net income: NT$593.9m (down 12% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 23% 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 • Jun 15+ 1 more updateGlobal Brands Manufacture Ltd. Announces Board ChangesGlobal Brands Manufacture Ltd. announces board changes. The company elected Chao, Yuan-San, Chen, Yun-Ju and Fung Ka Fai, Karfield as Independent Directors. Effective date of the new appointment is June 14, 2023.Buying Opportunity • Dec 07Now 21% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be NT$36.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 37%.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. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Tony Yuan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: NT$1.54 (vs NT$1.84 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.54 (down from NT$1.84 in 3Q 2021). Revenue: NT$6.33b (down 12% from 3Q 2021). Net income: NT$726.3m (down 21% from 3Q 2021). Profit margin: 12% (down from 13% 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 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$1.19 (vs NT$1.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.19 (down from NT$1.36 in 2Q 2021). Revenue: NT$5.78b (down 15% from 2Q 2021). Net income: NT$559.7m (down 13% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 02Upcoming dividend of NT$1.75 per shareEligible shareholders must have bought the stock before 09 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.6%).Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.43 (down from NT$1.44 in 1Q 2021). Revenue: NT$6.26b (down 3.6% from 1Q 2021). Net income: NT$674.7m (down 1.0% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.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. 7 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Tony Yuan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 19Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$5.79 (up from NT$3.72 in FY 2020). Revenue: NT$27.6b (up 21% from FY 2020). Net income: NT$2.89b (up 64% from FY 2020). Profit margin: 11% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 22Global Brands Manufacture Ltd., Annual General Meeting, Jun 08, 2022Global Brands Manufacture Ltd., Annual General Meeting, Jun 08, 2022. Location: 2F., No. 223, Sec. 3, Beixin Rd., Xindian Dist. New Taipei City Taiwan Agenda: To report 2021 Business Report; to consider Audit Committee's review report; to consider report on the 2021 remuneration of employees and directors; to ratify the 2021 Business Report and Financial Statements; to ratify the proposal for distribution of 2021 profits; to consider amendment of the Articles of Incorporation; and to consider amendment of the Procedures for Acquistion or Disposal Assets.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.84 (vs NT$1.31 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.21b (up 16% from 3Q 2020). Net income: NT$914.2m (up 48% from 3Q 2020). Profit margin: 13% (up from 9.9% 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 56% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 06Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 13 October 2021. Payment date: 27 October 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.25 (vs NT$0.85 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.80b (up 21% from 2Q 2020). Net income: NT$640.9m (up 46% from 2Q 2020). Profit margin: 9.4% (up from 7.8% 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 53% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 09Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 10 September 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$25.80, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$1.33 (vs NT$0.20 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$6.49b (up 44% from 1Q 2020). Net income: NT$681.3m (up NT$580.6m from 1Q 2020). Profit margin: 11% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 30Here's Why We Think Global Brands Manufacture (TPE:6191) Is Well Worth WatchingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...分析記事 • Apr 17Why Global Brands Manufacture Ltd. (TPE:6191) Is A Dividend RockstarIs Global Brands Manufacture Ltd. ( TPE:6191 ) a good dividend stock? How can we tell? Dividend paying companies with...分析記事 • Mar 30These 4 Measures Indicate That Global Brands Manufacture (TPE:6191) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$3.42 (vs NT$2.01 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$22.8b (up 4.4% from FY 2019). Net income: NT$1.76b (up 71% from FY 2019). Profit margin: 7.7% (up from 4.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.分析記事 • Mar 09What We Make Of Global Brands Manufacture's (TPE:6191) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...お知らせ • Feb 26Global Brands Manufacture Ltd., Annual General Meeting, Jun 17, 2021Global Brands Manufacture Ltd., Annual General Meeting, Jun 17, 2021. Location: 2F., No. 223, Sec. 3, Beixin Rd, Xindian Taipei Innovation City Convention Center New Taipei City Taiwan Agenda: To consider 2020 Business Report; to consider audit Committee's review report; to consider report on the 2020 remuneration of employees and directors; to consider other matters to be reported; to ratify the 2020 Business Report and Financial Statements; to ratify the proposal for distribution of 2020 profits; to release the directors from the non-competition restrictions; and to consider other rmatters.Is New 90 Day High Low • Feb 26New 90-day high: NT$28.10The company is up 17% from its price of NT$24.10 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.分析記事 • Feb 15Is Weakness In Global Brands Manufacture Ltd. (TPE:6191) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?It is hard to get excited after looking at Global Brands Manufacture's (TPE:6191) recent performance, when its stock...分析記事 • Jan 25Did You Participate In Any Of Global Brands Manufacture's (TPE:6191) Fantastic 297% Return ?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...分析記事 • Jan 08Shareholders Are Loving Global Brands Manufacture Ltd.'s (TPE:6191) 2.0% YieldToday we'll take a closer look at Global Brands Manufacture Ltd. ( TPE:6191 ) from a dividend investor's perspective...分析記事 • Dec 21These 4 Measures Indicate That Global Brands Manufacture (TPE:6191) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 15% share price gain to NT$27.80, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 138%.Is New 90 Day High Low • Dec 03New 90-day high: NT$24.50The company is up 9.0% from its price of NT$22.50 on 04 September 2020. The Taiwanese market is also up 9.0% 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 7.0% over the same period.分析記事 • Dec 02What Kind Of Investors Own Most Of Global Brands Manufacture Ltd. (TPE:6191)?Every investor in Global Brands Manufacture Ltd. ( TPE:6191 ) should be aware of the most powerful shareholder groups...分析記事 • Nov 17Global Brands Manufacture Ltd.'s (TPE:6191) Stock Has Fared Decently: Is the Market Following Strong Financials?Global Brands Manufacture's (TPE:6191) stock up by 9.3% over the past three months. Given its impressive performance...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.24b (up 4.0% from 3Q 2019). Net income: NT$618.8m (up 53% from 3Q 2019). Profit margin: 9.9% (up from 6.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 03Global Brands Manufacture Ltd. Appoints Weng Chia-Yu as Corporate Governance OfficerGlobal Brands Manufacture Ltd. appointed Weng Chia-Yu as Corporate Governance Officer. Effective from November 2, 2020.Is New 90 Day High Low • Oct 21New 90-day high: NT$24.45The company is up 50% from its price of NT$16.25 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.株主還元6191TW ElectronicTW 市場7D4.0%17.3%8.4%1Y1.8%220.0%103.4%株主還元を見る業界別リターン: 6191過去 1 年間で220 % の収益を上げたTW Electronic業界を下回りました。リターン対市場: 6191は、過去 1 年間で103.4 % のリターンを上げたTW市場を下回りました。価格変動Is 6191's price volatile compared to industry and market?6191 volatility6191 Average Weekly Movement7.6%Electronic Industry Average Movement8.5%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 6191 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 6191の 週次ボラティリティ ( 8% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1973n/aChien-Hui Yangwww.gbm.com.twGlobal Brands Manufacture Ltd.は、子会社とともに台湾でプリント基板（PCB）製造および電子機器製造サービス（EMS）事業を展開している。同社は、デスクトップPC、ネットワーク・通信製品、デジタルカメラ、車載用電子機器、家電製品、IT製品などに使用されるプリント基板の製造、加工、組立、販売を行っている。また、SMTアセンブリ、ツーリング、プラスチックおよびシステムアセンブリを含むEMSサービス、CRT/LCDモニター、TFT LCDテレビ、DVDプレーヤー、DVDレコーダー、電源、マルチメディア、産業用制御ボード、エアコンボードなども提供している。同社は情報、通信、自動車、家電など様々な業界に製品を供給している。また、投資、産業プラントのリースおよび不動産管理、機械・設備の製造、廃棄物リサイクルおよび廃水処理活動も行っている。同社は以前はサイバー・ソリューションズ株式会社として知られていたが、2003年にグローバル・ブランズ・マニュファクチュア・リミテッドに社名を変更した。Global Brands Manufacture Ltd.は1973年に設立され、本社は台湾の台北市にある。もっと見るGlobal Brands Manufacture Ltd. 基礎のまとめGlobal Brands Manufacture の収益と売上を時価総額と比較するとどうか。6191 基礎統計学時価総額NT$48.93b収益（TTM）NT$3.20b売上高(TTM)NT$37.89b15.3xPER（株価収益率1.3xP/Sレシオ6191 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計6191 損益計算書（TTM）収益NT$37.89b売上原価NT$30.90b売上総利益NT$6.99bその他の費用NT$3.78b収益NT$3.20b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）6.42グロス・マージン18.44%純利益率8.46%有利子負債／自己資本比率71.8%6191 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.1%現在の配当利回り50%配当性向View Valuation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2026/05/27 21:08終値2026/05/27 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Global Brands Manufacture Ltd. 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null nullCapital Securities CorporationYijun TuCapital Securities CorporationJunzhe HungMasterlink Securities Investment Advisory
New Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (242% cash payout ratio). Profit margins are more than 30% lower than last year (8.5% net profit margin).
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$9.34b (up 81% from 1Q 2025). Net income: NT$795.8m (up 7.4% from 1Q 2025). Profit margin: 8.5% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$105, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 252% over the past three years.
Reported Earnings • Mar 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$6.55 (up from NT$6.01 in FY 2024). Revenue: NT$33.7b (up 56% from FY 2024). Net income: NT$3.15b (up 11% from FY 2024). Profit margin: 9.3% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$89.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 225% over the past three years.
お知らせ • Feb 25Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026. Location: 1 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan
New Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 14% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (242% cash payout ratio). Profit margins are more than 30% lower than last year (8.5% net profit margin).
Reported Earnings • May 06First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2026 results: EPS: NT$1.00. Revenue: NT$9.34b (up 81% from 1Q 2025). Net income: NT$795.8m (up 7.4% from 1Q 2025). Profit margin: 8.5% (down from 14% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) missed analyst estimates by 29%. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Electronic industry in Taiwan.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$105, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 252% over the past three years.
Reported Earnings • Mar 13Full year 2025 earnings: Revenues and EPS in line with analyst expectationsFull year 2025 results: EPS: NT$6.55 (up from NT$6.01 in FY 2024). Revenue: NT$33.7b (up 56% from FY 2024). Net income: NT$3.15b (up 11% from FY 2024). Profit margin: 9.3% (down from 13% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 19% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 47% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$89.90, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 225% over the past three years.
お知らせ • Feb 25Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2026. Location: 1 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan
Buy Or Sell Opportunity • Feb 03Now 24% overvaluedOver the last 90 days, the stock has fallen 8.8% to NT$109. The fair value is estimated to be NT$87.32, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%. Revenue is forecast to grow by 45% in 2 years. Earnings are forecast to grow by 74% in the next 2 years.
Valuation Update With 7 Day Price Move • Nov 25Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$122, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 378% over the past three years.
Buy Or Sell Opportunity • Nov 20Now 29% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$114. The fair value is estimated to be NT$88.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.4%.
Reported Earnings • Nov 04Third quarter 2025 earnings released: EPS: NT$1.96 (vs NT$1.90 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.96 (up from NT$1.90 in 3Q 2024). Revenue: NT$9.57b (up 62% from 3Q 2024). Net income: NT$942.3m (up 4.5% from 3Q 2024). Profit margin: 9.8% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Sep 15Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 159.375 million.Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 159.375 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,125,000 Price\Range: TWD 75
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$120, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 372% over the past three years.
Reported Earnings • Aug 12Second quarter 2025 earnings released: EPS: NT$1.48 (vs NT$1.82 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.48 (down from NT$1.82 in 2Q 2024). Revenue: NT$9.66b (up 70% from 2Q 2024). Net income: NT$698.8m (down 19% from 2Q 2024). Profit margin: 7.2% (down from 15% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Declared Dividend • Jul 04Dividend reduced to NT$3.01Dividend of NT$3.01 is 8.8% lower than last year. Ex-date: 18th July 2025 Payment date: 6th August 2025 Dividend yield will be 3.5%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 27% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Jul 03Now 21% undervaluedOver the last 90 days, the stock has risen 30% to NT$86.70. The fair value is estimated to be NT$109, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has grown by 7.1%.
Buy Or Sell Opportunity • May 29Now 23% undervaluedOver the last 90 days, the stock has risen 17% to NT$86.70. The fair value is estimated to be NT$113, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.1% over the last 3 years. Earnings per share has grown by 7.1%.
Valuation Update With 7 Day Price Move • May 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$86.50, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 224% over the past three years.
Reported Earnings • May 10First quarter 2025 earnings released: EPS: NT$1.57 (vs NT$1.24 in 1Q 2024)First quarter 2025 results: EPS: NT$1.57 (up from NT$1.24 in 1Q 2024). Revenue: NT$5.16b (flat on 1Q 2024). Net income: NT$741.3m (up 27% from 1Q 2024). Profit margin: 14% (up from 11% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Apr 25Global Brands Manufacture Ltd. to Report Q1, 2025 Results on May 02, 2025Global Brands Manufacture Ltd. announced that they will report Q1, 2025 results on May 02, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$54.10, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 106% over the past three years.
お知らせ • Mar 27Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2025Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2025. Location: 2 floor no,223, sec.3 pei hsin rd., sindian district, new taipei city Taiwan
Buy Or Sell Opportunity • Mar 03Now 22% undervaluedOver the last 90 days, the stock has risen 30% to NT$71.50. The fair value is estimated to be NT$91.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.9% over the last 3 years. Earnings per share has grown by 7.4%.
New Risk • Mar 01New 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 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
お知らせ • Feb 12Global Brands Manufacture Ltd. to Report Fiscal Year 2024 Results on Feb 19, 2025Global Brands Manufacture Ltd. announced that they will report fiscal year 2024 results on Feb 19, 2025
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$75.60, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 154% over the past three years.
分析記事 • Feb 09Investors Will Want Global Brands Manufacture's (TWSE:6191) Growth In ROCE To PersistThere 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...
New Risk • Jan 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change).
分析記事 • Jan 03Global Brands Manufacture Ltd.'s (TWSE:6191) Shares Bounce 26% But Its Business Still Trails The MarketGlobal Brands Manufacture Ltd. ( TWSE:6191 ) shares have had a really impressive month, gaining 26% after a shaky...
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$63.20, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 99% over the past three years.
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$1.90 (vs NT$2.57 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.90 (down from NT$2.57 in 3Q 2023). Revenue: NT$5.90b (down 3.1% from 3Q 2023). Net income: NT$901.9m (down 25% from 3Q 2023). Profit margin: 15% (down from 20% in 3Q 2023). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Nov 14If EPS Growth Is Important To You, Global Brands Manufacture (TWSE:6191) Presents An OpportunityInvestors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
お知らせ • Oct 22Global Brands Manufacture Ltd. to Report Q3, 2024 Results on Oct 29, 2024Global Brands Manufacture Ltd. announced that they will report Q3, 2024 results on Oct 29, 2024
分析記事 • Sep 26Global Brands Manufacture (TWSE:6191) Might Have The Makings Of A Multi-BaggerIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Sep 05Global Brands Manufacture Ltd.'s (TWSE:6191) Shares Lagging The Market But So Is The BusinessWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 21x, you may consider...
分析記事 • Aug 09With EPS Growth And More, Global Brands Manufacture (TWSE:6191) Makes An Interesting CaseFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.82 (vs NT$1.39 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.82 (up from NT$1.39 in 2Q 2023). Revenue: NT$5.68b (down 3.9% from 2Q 2023). Net income: NT$863.4m (up 33% from 2Q 2023). Profit margin: 15% (up from 11% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 05Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 19% to NT$59.80. The fair value is estimated to be NT$81.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.8% over the last 3 years. Earnings per share has grown by 6.3%.
お知らせ • Jul 24Global Brands Manufacture Ltd. to Report Q2, 2024 Results on Jul 31, 2024Global Brands Manufacture Ltd. announced that they will report Q2, 2024 results on Jul 31, 2024
分析記事 • Jul 22Is Global Brands Manufacture (TWSE:6191) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Declared Dividend • Jun 24Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 9th July 2024 Payment date: 30th July 2024 Dividend yield will be 4.7%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 34% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 37% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Board Change • May 29Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director David Chao was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • May 17Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 82.597334 million.Global Brands Manufacture Ltd. has filed a Follow-on Equity Offering in the amount of TWD 82.597334 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 82,597,334 Price\Range: TWD 1 Transaction Features: Rights Offering
Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$1.24 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$1.24 (down from NT$1.26 in 1Q 2023). Revenue: NT$5.12b (down 2.5% from 1Q 2023). Net income: NT$583.2m (down 1.8% from 1Q 2023). Profit margin: 11% (in line with 1Q 2023). 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 36% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 29Global Brands Manufacture Ltd.'s (TWSE:6191) Share Price Is Matching Sentiment Around Its EarningsGlobal Brands Manufacture Ltd.'s ( TWSE:6191 ) price-to-earnings (or "P/E") ratio of 10.9x might make it look like a...
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$76.10, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 153% over the past three years.
分析記事 • Mar 19Does Global Brands Manufacture (TWSE:6191) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Board Change • Mar 13Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director David Chao was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$6.73 (vs NT$5.24 in FY 2022)Full year 2023 results: EPS: NT$6.73 (up from NT$5.24 in FY 2022). Revenue: NT$22.9b (down 5.7% from FY 2022). Net income: NT$3.16b (up 28% from FY 2022). Profit margin: 14% (up from 10% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 23Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2024Global Brands Manufacture Ltd., Annual General Meeting, Jun 18, 2024. Location: 2F., No. 223, Sec. 3, Beixin Rd., Xindian Dist., New Taipei City Taipei Innovation City Convention Center Tai Pei Taiwan Agenda: To consider Reported matter; To consider 2023 Business Report; To consider Audit Committee's review report; To consider Report on the 2023 remuneration of employees and directors.
Reported Earnings • Nov 14Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$2.57 (up from NT$1.54 in 3Q 2022). Revenue: NT$6.08b (down 4.0% from 3Q 2022). Net income: NT$1.21b (up 66% from 3Q 2022). Profit margin: 20% (up from 12% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 69%. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Nov 02Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$63.90, the stock trades at a trailing P/E ratio of 12.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 212% over the past three years.
New Risk • Oct 31New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.9% average weekly change).
お知らせ • Oct 31Global Brands Manufacture Ltd. to Report Q3, 2023 Results on Oct 30, 2023Global Brands Manufacture Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023
Reported Earnings • Aug 16Second quarter 2023 earnings released: EPS: NT$1.39 (vs NT$1.19 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.39 (up from NT$1.19 in 2Q 2022). Revenue: NT$5.91b (up 2.3% from 2Q 2022). Net income: NT$647.5m (up 16% from 2Q 2022). Profit margin: 11% (up from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 12Upcoming dividend of NT$2.62 per share at 5.5% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%).
お知らせ • Jul 01Global Brands Manufacture Ltd. Announces the Cash Dividend to Common Shareholders, Payable on August 15, 2023Global Brands Manufacture Ltd. announced the cash dividend to common shareholders is TWD 1,233,187,800, the distribution ratio is TWD 2.62083726 per share. Ex-rights (ex-dividend) trading date is July 19, 2023. Ex-rights (ex-dividend) record date is July 25, 2023. The payment date of cash dividend distribution is August 15, 2023.
お知らせ • Jun 27Global Brands Manufacture Ltd. Announces Change of the President, Effective from July 1, 2023Global Brands Manufacture Ltd. announced the retirement of Lai, Wei-Chen as President of the Company and appointed Tao, Cheng-Kuo as President. Resume of the new position holder: President of HannStar Board Corp. effective from July 1, 2023.
Reported Earnings • Jun 23First quarter 2023 earnings released: EPS: NT$1.26 (vs NT$1.43 in 1Q 2022)First quarter 2023 results: EPS: NT$1.26 (down from NT$1.43 in 1Q 2022). Revenue: NT$5.26b (down 16% from 1Q 2022). Net income: NT$593.9m (down 12% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 23% 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 • Jun 15+ 1 more updateGlobal Brands Manufacture Ltd. Announces Board ChangesGlobal Brands Manufacture Ltd. announces board changes. The company elected Chao, Yuan-San, Chen, Yun-Ju and Fung Ka Fai, Karfield as Independent Directors. Effective date of the new appointment is June 14, 2023.
Buying Opportunity • Dec 07Now 21% undervaluedOver the last 90 days, the stock is up 3.8%. The fair value is estimated to be NT$36.08, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.8% over the last 3 years. Earnings per share has grown by 37%.
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. 6 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Tony Yuan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: NT$1.54 (vs NT$1.84 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.54 (down from NT$1.84 in 3Q 2021). Revenue: NT$6.33b (down 12% from 3Q 2021). Net income: NT$726.3m (down 21% from 3Q 2021). Profit margin: 12% (down from 13% 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 37% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$1.19 (vs NT$1.36 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.19 (down from NT$1.36 in 2Q 2021). Revenue: NT$5.78b (down 15% from 2Q 2021). Net income: NT$559.7m (down 13% from 2Q 2021). Profit margin: 9.7% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 02Upcoming dividend of NT$1.75 per shareEligible shareholders must have bought the stock before 09 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.0%. Lower than top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.6%).
Reported Earnings • May 04First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.43 (down from NT$1.44 in 1Q 2021). Revenue: NT$6.26b (down 3.6% from 1Q 2021). Net income: NT$674.7m (down 1.0% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
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. 7 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Tony Yuan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 19Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$5.79 (up from NT$3.72 in FY 2020). Revenue: NT$27.6b (up 21% from FY 2020). Net income: NT$2.89b (up 64% from FY 2020). Profit margin: 11% (up from 7.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) also surpassed analyst estimates by 2.4%. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 22Global Brands Manufacture Ltd., Annual General Meeting, Jun 08, 2022Global Brands Manufacture Ltd., Annual General Meeting, Jun 08, 2022. Location: 2F., No. 223, Sec. 3, Beixin Rd., Xindian Dist. New Taipei City Taiwan Agenda: To report 2021 Business Report; to consider Audit Committee's review report; to consider report on the 2021 remuneration of employees and directors; to ratify the 2021 Business Report and Financial Statements; to ratify the proposal for distribution of 2021 profits; to consider amendment of the Articles of Incorporation; and to consider amendment of the Procedures for Acquistion or Disposal Assets.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.84 (vs NT$1.31 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.21b (up 16% from 3Q 2020). Net income: NT$914.2m (up 48% from 3Q 2020). Profit margin: 13% (up from 9.9% 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 56% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 06Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 13 October 2021. Payment date: 27 October 2021. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$1.25 (vs NT$0.85 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$6.80b (up 21% from 2Q 2020). Net income: NT$640.9m (up 46% from 2Q 2020). Profit margin: 9.4% (up from 7.8% 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 53% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 09Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 10 September 2021. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 21% share price decline to NT$25.80, the stock trades at a trailing P/E ratio of 5.7x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 83% over the past three years.
Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$1.33 (vs NT$0.20 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$6.49b (up 44% from 1Q 2020). Net income: NT$681.3m (up NT$580.6m from 1Q 2020). Profit margin: 11% (up from 2.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 30Here's Why We Think Global Brands Manufacture (TPE:6191) Is Well Worth WatchingLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
分析記事 • Apr 17Why Global Brands Manufacture Ltd. (TPE:6191) Is A Dividend RockstarIs Global Brands Manufacture Ltd. ( TPE:6191 ) a good dividend stock? How can we tell? Dividend paying companies with...
分析記事 • Mar 30These 4 Measures Indicate That Global Brands Manufacture (TPE:6191) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$3.42 (vs NT$2.01 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$22.8b (up 4.4% from FY 2019). Net income: NT$1.76b (up 71% from FY 2019). Profit margin: 7.7% (up from 4.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
分析記事 • Mar 09What We Make Of Global Brands Manufacture's (TPE:6191) Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
お知らせ • Feb 26Global Brands Manufacture Ltd., Annual General Meeting, Jun 17, 2021Global Brands Manufacture Ltd., Annual General Meeting, Jun 17, 2021. Location: 2F., No. 223, Sec. 3, Beixin Rd, Xindian Taipei Innovation City Convention Center New Taipei City Taiwan Agenda: To consider 2020 Business Report; to consider audit Committee's review report; to consider report on the 2020 remuneration of employees and directors; to consider other matters to be reported; to ratify the 2020 Business Report and Financial Statements; to ratify the proposal for distribution of 2020 profits; to release the directors from the non-competition restrictions; and to consider other rmatters.
Is New 90 Day High Low • Feb 26New 90-day high: NT$28.10The company is up 17% from its price of NT$24.10 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 23% over the same period.
分析記事 • Feb 15Is Weakness In Global Brands Manufacture Ltd. (TPE:6191) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?It is hard to get excited after looking at Global Brands Manufacture's (TPE:6191) recent performance, when its stock...
分析記事 • Jan 25Did You Participate In Any Of Global Brands Manufacture's (TPE:6191) Fantastic 297% Return ?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
分析記事 • Jan 08Shareholders Are Loving Global Brands Manufacture Ltd.'s (TPE:6191) 2.0% YieldToday we'll take a closer look at Global Brands Manufacture Ltd. ( TPE:6191 ) from a dividend investor's perspective...
分析記事 • Dec 21These 4 Measures Indicate That Global Brands Manufacture (TPE:6191) Is Using Debt Reasonably WellDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Valuation Update With 7 Day Price Move • Dec 09Market bids up stock over the past weekAfter last week's 15% share price gain to NT$27.80, the stock is trading at a trailing P/E ratio of 10x, up from the previous P/E ratio of 8.7x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 138%.
Is New 90 Day High Low • Dec 03New 90-day high: NT$24.50The company is up 9.0% from its price of NT$22.50 on 04 September 2020. The Taiwanese market is also up 9.0% 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 7.0% over the same period.
分析記事 • Dec 02What Kind Of Investors Own Most Of Global Brands Manufacture Ltd. (TPE:6191)?Every investor in Global Brands Manufacture Ltd. ( TPE:6191 ) should be aware of the most powerful shareholder groups...
分析記事 • Nov 17Global Brands Manufacture Ltd.'s (TPE:6191) Stock Has Fared Decently: Is the Market Following Strong Financials?Global Brands Manufacture's (TPE:6191) stock up by 9.3% over the past three months. Given its impressive performance...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.24b (up 4.0% from 3Q 2019). Net income: NT$618.8m (up 53% from 3Q 2019). Profit margin: 9.9% (up from 6.7% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 03Global Brands Manufacture Ltd. Appoints Weng Chia-Yu as Corporate Governance OfficerGlobal Brands Manufacture Ltd. appointed Weng Chia-Yu as Corporate Governance Officer. Effective from November 2, 2020.
Is New 90 Day High Low • Oct 21New 90-day high: NT$24.45The company is up 50% from its price of NT$16.25 on 23 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
