View Financial HealthTai Tung Communication 配当と自社株買い配当金 基準チェック /36Tai Tung Communication配当を支払う会社であり、現在の利回りは4.27%で、収益によって十分にカバーされています。主要情報4.3%配当利回り0%バイバック利回り総株主利回り4.3%将来の配当利回りn/a配当成長5.2%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向82%最近の配当と自社株買いの更新Upcoming Dividend • Jun 12Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 21 July 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.0%).Declared Dividend • May 29Dividend reduced to NT$0.70Dividend of NT$0.70 is 50% lower than last year. Ex-date: 17th June 2026 Payment date: 21st July 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 64% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 10Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).お知らせ • Mar 09Tai Tung Communication Co., Ltd. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Tai Tung Communication Co., Ltd. approved cash dividend for the period from January 1, 2024 to December 31, 2024. For the period, the company announced cash dividend of TWD 1.4 per share. Total amount of cash distributed to shareholders TWD 232,290,647.すべての更新を表示Recent updatesUpcoming Dividend • Jun 12Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 21 July 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.0%).Declared Dividend • May 29Dividend reduced to NT$0.70Dividend of NT$0.70 is 50% lower than last year. Ex-date: 17th June 2026 Payment date: 21st July 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 64% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.022 (vs NT$0.47 in 1Q 2025)First quarter 2026 results: EPS: NT$0.022 (down from NT$0.47 in 1Q 2025). Revenue: NT$434.3m (down 10% from 1Q 2025). Net income: NT$3.69m (down 95% from 1Q 2025). Profit margin: 0.8% (down from 16% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% 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 (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (NT$3.00b market cap, or US$95.2m).New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (NT$3.12b market cap, or US$98.8m).New Risk • Mar 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (10% net profit margin).Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$1.30 (vs NT$2.44 in FY 2024)Full year 2025 results: EPS: NT$1.30 (down from NT$2.44 in FY 2024). Revenue: NT$2.08b (down 17% from FY 2024). Net income: NT$216.1m (down 47% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 10Tai Tung Communication Co., Ltd., Annual General Meeting, May 25, 2026Tai Tung Communication Co., Ltd., Annual General Meeting, May 25, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,219, fu hui rd., sinjhuang district, new taipei city TaiwanNew Risk • Nov 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% 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 (46% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.13 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.25 (up from NT$0.13 in 3Q 2024). Revenue: NT$532.0m (up 11% from 3Q 2024). Net income: NT$40.7m (up 84% from 3Q 2024). Profit margin: 7.7% (up from 4.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.28 (down from NT$0.40 in 2Q 2024). Revenue: NT$541.3m (down 31% from 2Q 2024). Net income: NT$46.6m (down 29% from 2Q 2024). Profit margin: 8.6% (up from 8.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 10Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.47 (up from NT$0.25 in 1Q 2024). Revenue: NT$484.5m (down 35% from 1Q 2024). Net income: NT$78.2m (up 84% from 1Q 2024). Profit margin: 16% (up from 5.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 01Tai Tung Communication Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Tai Tung Communication Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.13b market cap, or US$94.6m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$18.85, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 22x in the Communications industry in Taiwan. Total returns to shareholders of 15% over the past three years.New Risk • Mar 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.43 (vs NT$0.093 in FY 2023)Full year 2024 results: EPS: NT$2.43 (up from NT$0.093 in FY 2023). Revenue: NT$2.49b (up 22% from FY 2023). Net income: NT$406.8m (up NT$392.5m from FY 2023). Profit margin: 16% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 12Tai Tung Communication Co., Ltd., Annual General Meeting, May 26, 2025Tai Tung Communication Co., Ltd., Annual General Meeting, May 26, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,219, fu hui rd., sinjhuang district, new taipei city Taiwanお知らせ • Mar 09Tai Tung Communication Co., Ltd. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Tai Tung Communication Co., Ltd. approved cash dividend for the period from January 1, 2024 to December 31, 2024. For the period, the company announced cash dividend of TWD 1.4 per share. Total amount of cash distributed to shareholders TWD 232,290,647.お知らせ • Mar 01Tai Tung Communication Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Tai Tung Communication Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025New Risk • Dec 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.002 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.13 (up from NT$0.002 in 3Q 2023). Revenue: NT$481.4m (down 9.2% from 3Q 2023). Net income: NT$22.1m (up NT$21.8m from 3Q 2023). Profit margin: 4.6% (up from 0.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 15Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million.Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024. Under the terms of the transaction, Tai Tung Communication Co., Ltd. (TWSE:8011) will divest 6.2 million shares valued at NTD 71.8 per share. Yuh Chia & Co. and Deng Zhi Ping Accountant served as the accountants for Tai Tung Communication Co., Ltd. (TWSE:8011) in its divestment. Alpha Networks Inc. (TWSE:3380) completed the acquisition of 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024.お知らせ • Nov 02Tai Tung Communication Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Tai Tung Communication Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024分析記事 • Sep 04Does Tai Tung Communication (TWSE:8011) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.40 (vs NT$0.008 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.40 (up from NT$0.008 in 2Q 2023). Revenue: NT$780.5m (up 89% from 2Q 2023). Net income: NT$65.9m (up NT$64.7m from 2Q 2023). Profit margin: 8.4% (up from 0.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 07Returns At Tai Tung Communication (TWSE:8011) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...お知らせ • Aug 02Tai Tung Communication Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Tai Tung Communication Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024分析記事 • Jun 21Market Cool On Tai Tung Communication Co., Ltd.'s (TWSE:8011) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 2.2x in the Communications industry in Taiwan, you could be...お知らせ • Jun 01Tai Tung Communication Co., Ltd. Announces Resignation of Chen Yu Ling as DirectorTai Tung Communication Co., Ltd. announced the director resignation. Title and name of the previous position holder: CHEN YU LING; Resume of the previous position holder: Director of Taiwan Intelligent Fiber Optic Network Co., Ltd.分析記事 • May 22Impressive Earnings May Not Tell The Whole Story For Tai Tung Communication (TWSE:8011)Despite announcing strong earnings, Tai Tung Communication Co., Ltd.'s ( TWSE:8011 ) stock was sluggish. We think that...Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.087 in 1Q 2023)First quarter 2024 results: EPS: NT$0.25 (up from NT$0.087 in 1Q 2023). Revenue: NT$741.2m (up 82% from 1Q 2023). Net income: NT$42.5m (up 225% from 1Q 2023). Profit margin: 5.7% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • May 03Tai Tung Communication Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Tai Tung Communication Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024お知らせ • Apr 12+ 1 more updateTai Tung Communication Co., Ltd. Announces Changes to the General ManagerTai Tung Communication Co., Ltd. appointed Lee, I-Chuan, Vice President of Sales as General Manager in place of Lee, Ching-Hung. Effective date of the new appointment April 11, 2024.分析記事 • Apr 11We Think Tai Tung Communication (TWSE:8011) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...New Risk • Mar 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding).Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.09 (vs NT$1.62 loss in FY 2022)Full year 2023 results: EPS: NT$0.09 (up from NT$1.62 loss in FY 2022). Revenue: NT$2.04b (up 20% from FY 2022). Net income: NT$14.3m (up NT$258.0m from FY 2022). Profit margin: 0.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.分析記事 • Mar 11Optimistic Investors Push Tai Tung Communication Co., Ltd. (TWSE:8011) Shares Up 26% But Growth Is LackingTai Tung Communication Co., Ltd. ( TWSE:8011 ) shareholders have had their patience rewarded with a 26% share price...お知らせ • Mar 09Tai Tung Communication Co., Ltd., Annual General Meeting, May 31, 2024Tai Tung Communication Co., Ltd., Annual General Meeting, May 31, 2024. Location: No. 219, Fuhui Rd., Xinzhuang Dist., 2F of TAI TUNG COMMUNICATION CO.,LTD. New Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider audit Committee's 2023 Review Report; to consider report on execution status of strengthening operational plan; to consider report on total amount of endorsements/guarantees; to consider report on investment in Mainland China; to consider report on 2023 distribution of remuneration to employees and directors; to consider report on 2023 payment of remuneration to directors; to consider report on execution status of treasury shares; and to consider other matters.New Risk • Dec 12New 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: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.002 (vs NT$0.19 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.002 (up from NT$0.19 loss in 3Q 2022). Revenue: NT$530.3m (up 12% from 3Q 2022). Net income: NT$277.0k (up NT$28.7m from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Nov 07Tai Tung Communication Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 326 million.Tai Tung Communication Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 326 million. Security Name: Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 16.3 Security Name: Shares Security Type: Common Stock Securities Offered: 15,000,000 Price\Range: TWD 16.3 Security Name: Shares Security Type: Common Stock Securities Offered: 3,000,000 Price\Range: TWD 16.3 Transaction Features: Reserved Share Offering; Rights OfferingNew Risk • Nov 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Debt is not well covered by operating cash flow (4.5% operating cash flow to total debt). Earnings have declined by 44% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$92.8m).Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.01 (vs NT$0.65 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.01 (up from NT$0.65 loss in 2Q 2022). Revenue: NT$413.4m (up 14% from 2Q 2022). Net income: NT$1.14m (up NT$97.7m from 2Q 2022). Profit margin: 0.3% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.New Risk • Jun 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$2.67b market cap, or US$86.8m).Reported Earnings • Mar 31Full year 2022 earnings released: NT$1.62 loss per share (vs NT$1.36 loss in FY 2021)Full year 2022 results: NT$1.62 loss per share (further deteriorated from NT$1.36 loss in FY 2021). Revenue: NT$1.70b (down 1.6% from FY 2021). Net loss: NT$243.8m (loss widened 22% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.19 loss per share (vs NT$0.49 loss in 3Q 2021)Third quarter 2022 results: NT$0.19 loss per share (improved from NT$0.49 loss in 3Q 2021). Revenue: NT$474.5m (up 17% from 3Q 2021). Net loss: NT$28.4m (loss narrowed 61% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.19 loss per share (vs NT$0.49 loss in 3Q 2021)Third quarter 2022 results: NT$0.19 loss per share (improved from NT$0.49 loss in 3Q 2021). Revenue: NT$474.5m (up 17% from 3Q 2021). Net loss: NT$28.4m (loss narrowed 61% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.64 loss per share (vs NT$0.18 loss in 2Q 2021)Second quarter 2022 results: NT$0.64 loss per share (down from NT$0.18 loss in 2Q 2021). Revenue: NT$363.9m (down 2.6% from 2Q 2021). Net loss: NT$96.6m (loss widened 268% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • May 17First quarter 2022 earnings released: NT$0.40 loss per share (vs NT$0.31 loss in 1Q 2021)First quarter 2022 results: NT$0.40 loss per share (down from NT$0.31 loss in 1Q 2021). Revenue: NT$460.7m (up 35% from 1Q 2021). Net loss: NT$59.5m (loss widened 30% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Reported Earnings • Mar 31Full year 2021 earnings released: NT$1.36 loss per share (vs NT$0.18 loss in FY 2020)Full year 2021 results: NT$1.36 loss per share (down from NT$0.18 loss in FY 2020). Revenue: NT$1.73b (up 20% from FY 2020). Net loss: NT$199.8m (loss widened NT$177.4m from FY 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.49 loss per share (vs NT$0.12 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$405.4m (up 37% from 3Q 2020). Net loss: NT$72.5m (loss widened 412% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.015 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$373.5m (down 10% from 2Q 2020). Net loss: NT$26.3m (down NT$28.1m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Reported Earnings • May 16First quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.001 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$341.2m (up 3.7% from 1Q 2020). Net loss: NT$45.9m (down NT$46.0m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% 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 • Mar 29Full year 2020 earnings released: NT$0.19 loss per share (vs NT$0.51 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$1.44b (down 5.0% from FY 2019). Net loss: NT$22.4m (loss narrowed 63% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Mar 11Tai Tung Communication Co., Ltd., Annual General Meeting, May 28, 2021Tai Tung Communication Co., Ltd., Annual General Meeting, May 28, 2021.分析記事 • Mar 05Introducing Tai Tung Communication (TPE:8011), A Stock That Climbed 47% In The Last YearPassive investing in index funds can generate returns that roughly match the overall market. But investors can boost...分析記事 • Jan 27Is Tai Tung Communication (TPE:8011) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 31New 90-day high: NT$24.55The company is up 50% from its price of NT$16.35 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.分析記事 • Dec 23At NT$23.15, Is Tai Tung Communication Co., Ltd. (TPE:8011) Worth Looking At Closely?While Tai Tung Communication Co., Ltd. ( TPE:8011 ) might not be the most widely known stock at the moment, it led the...Is New 90 Day High Low • Dec 04New 90-day high: NT$20.75The company is up 19% from its price of NT$17.50 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 9.0% over the same period.Is New 90 Day High Low • Nov 16New 90-day high: NT$19.00The company is up 10.0% from its price of NT$17.35 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 1.0% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.12 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$295.7m (down 18% from 3Q 2019). Net loss: NT$14.2m (down NT$17.4m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 70% 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.Is New 90 Day High Low • Oct 29New 90-day low: NT$15.60The company is down 12% from its price of NT$17.65 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$15.90The company is down 13% from its price of NT$18.30 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period.決済の安定と成長配当データの取得安定した配当: 8011の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 8011の配当金支払額は過去10年間減少しています。配当利回り対市場Tai Tung Communication 配当利回り対市場8011 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (8011)4.3%市場下位25% (TW)1.5%市場トップ25% (TW)5.1%業界平均 (Communications)1.0%アナリスト予想 (8011) (最長3年)n/a注目すべき配当: 8011の配当金 ( 4.27% ) はTW市場の配当金支払者の下位 25% ( 1.55% ) よりも高くなっています。高配当: 8011の配当金 ( 4.27% ) はTW市場の配当金支払者の上位 25% ( 5.07% ) と比較すると低いです。株主への利益配当収益カバレッジ: 現在の配当性向（ 82% ）では、 8011の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 8011は合理的な 現金配当性向 ( 66.8% ) を備えているため、配当金の支払いはキャッシュフローによって賄われます。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/08/06 16:56終値2026/08/06 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Tai Tung Communication Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Dyson WangYuanta Research
Upcoming Dividend • Jun 12Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 21 July 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.0%).
Declared Dividend • May 29Dividend reduced to NT$0.70Dividend of NT$0.70 is 50% lower than last year. Ex-date: 17th June 2026 Payment date: 21st July 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 64% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 10Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).
お知らせ • Mar 09Tai Tung Communication Co., Ltd. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Tai Tung Communication Co., Ltd. approved cash dividend for the period from January 1, 2024 to December 31, 2024. For the period, the company announced cash dividend of TWD 1.4 per share. Total amount of cash distributed to shareholders TWD 232,290,647.
Upcoming Dividend • Jun 12Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 17 June 2026. Payment date: 21 July 2026. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (1.0%).
Declared Dividend • May 29Dividend reduced to NT$0.70Dividend of NT$0.70 is 50% lower than last year. Ex-date: 17th June 2026 Payment date: 21st July 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 64% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.022 (vs NT$0.47 in 1Q 2025)First quarter 2026 results: EPS: NT$0.022 (down from NT$0.47 in 1Q 2025). Revenue: NT$434.3m (down 10% from 1Q 2025). Net income: NT$3.69m (down 95% from 1Q 2025). Profit margin: 0.8% (down from 16% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • May 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 41% 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 (41% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (NT$3.00b market cap, or US$95.2m).
New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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. Profit margins are more than 30% lower than last year (10% net profit margin). Market cap is less than US$100m (NT$3.12b market cap, or US$98.8m).
New Risk • Mar 27New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 10% Last year net profit margin: 16% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (10% net profit margin).
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: NT$1.30 (vs NT$2.44 in FY 2024)Full year 2025 results: EPS: NT$1.30 (down from NT$2.44 in FY 2024). Revenue: NT$2.08b (down 17% from FY 2024). Net income: NT$216.1m (down 47% from FY 2024). Profit margin: 10% (down from 16% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 10Tai Tung Communication Co., Ltd., Annual General Meeting, May 25, 2026Tai Tung Communication Co., Ltd., Annual General Meeting, May 25, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,219, fu hui rd., sinjhuang district, new taipei city Taiwan
New Risk • Nov 27New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 46% 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 (46% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.13 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.25 (up from NT$0.13 in 3Q 2024). Revenue: NT$532.0m (up 11% from 3Q 2024). Net income: NT$40.7m (up 84% from 3Q 2024). Profit margin: 7.7% (up from 4.6% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$0.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.28 (down from NT$0.40 in 2Q 2024). Revenue: NT$541.3m (down 31% from 2Q 2024). Net income: NT$46.6m (down 29% from 2Q 2024). Profit margin: 8.6% (up from 8.4% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 10Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.4%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.47 (vs NT$0.25 in 1Q 2024)First quarter 2025 results: EPS: NT$0.47 (up from NT$0.25 in 1Q 2024). Revenue: NT$484.5m (down 35% from 1Q 2024). Net income: NT$78.2m (up 84% from 1Q 2024). Profit margin: 16% (up from 5.7% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 123% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 01Tai Tung Communication Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Tai Tung Communication Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
New Risk • Apr 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.13b market cap, or US$94.6m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$18.85, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 22x in the Communications industry in Taiwan. Total returns to shareholders of 15% over the past three years.
New Risk • Mar 28New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.9% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$2.43 (vs NT$0.093 in FY 2023)Full year 2024 results: EPS: NT$2.43 (up from NT$0.093 in FY 2023). Revenue: NT$2.49b (up 22% from FY 2023). Net income: NT$406.8m (up NT$392.5m from FY 2023). Profit margin: 16% (up from 0.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 12Tai Tung Communication Co., Ltd., Annual General Meeting, May 26, 2025Tai Tung Communication Co., Ltd., Annual General Meeting, May 26, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,219, fu hui rd., sinjhuang district, new taipei city Taiwan
お知らせ • Mar 09Tai Tung Communication Co., Ltd. Approves Cash Dividend for the Period from January 1, 2024 to December 31, 2024Tai Tung Communication Co., Ltd. approved cash dividend for the period from January 1, 2024 to December 31, 2024. For the period, the company announced cash dividend of TWD 1.4 per share. Total amount of cash distributed to shareholders TWD 232,290,647.
お知らせ • Mar 01Tai Tung Communication Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Tai Tung Communication Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025
New Risk • Dec 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.002 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.13 (up from NT$0.002 in 3Q 2023). Revenue: NT$481.4m (down 9.2% from 3Q 2023). Net income: NT$22.1m (up NT$21.8m from 3Q 2023). Profit margin: 4.6% (up from 0.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 15Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million.Alpha Networks Inc. (TWSE:3380) acquired 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024. Under the terms of the transaction, Tai Tung Communication Co., Ltd. (TWSE:8011) will divest 6.2 million shares valued at NTD 71.8 per share. Yuh Chia & Co. and Deng Zhi Ping Accountant served as the accountants for Tai Tung Communication Co., Ltd. (TWSE:8011) in its divestment. Alpha Networks Inc. (TWSE:3380) completed the acquisition of 27.94% stake in FiberLogic Communications, Inc. from Tai Tung Communication Co., Ltd. (TWSE:8011) for approximately NTD 450 million on November 14, 2024.
お知らせ • Nov 02Tai Tung Communication Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Tai Tung Communication Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
分析記事 • Sep 04Does Tai Tung Communication (TWSE:8011) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.40 (vs NT$0.008 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.40 (up from NT$0.008 in 2Q 2023). Revenue: NT$780.5m (up 89% from 2Q 2023). Net income: NT$65.9m (up NT$64.7m from 2Q 2023). Profit margin: 8.4% (up from 0.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 07Returns At Tai Tung Communication (TWSE:8011) Are On The Way UpIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
お知らせ • Aug 02Tai Tung Communication Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Tai Tung Communication Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
分析記事 • Jun 21Market Cool On Tai Tung Communication Co., Ltd.'s (TWSE:8011) RevenuesWith a median price-to-sales (or "P/S") ratio of close to 2.2x in the Communications industry in Taiwan, you could be...
お知らせ • Jun 01Tai Tung Communication Co., Ltd. Announces Resignation of Chen Yu Ling as DirectorTai Tung Communication Co., Ltd. announced the director resignation. Title and name of the previous position holder: CHEN YU LING; Resume of the previous position holder: Director of Taiwan Intelligent Fiber Optic Network Co., Ltd.
分析記事 • May 22Impressive Earnings May Not Tell The Whole Story For Tai Tung Communication (TWSE:8011)Despite announcing strong earnings, Tai Tung Communication Co., Ltd.'s ( TWSE:8011 ) stock was sluggish. We think that...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.087 in 1Q 2023)First quarter 2024 results: EPS: NT$0.25 (up from NT$0.087 in 1Q 2023). Revenue: NT$741.2m (up 82% from 1Q 2023). Net income: NT$42.5m (up 225% from 1Q 2023). Profit margin: 5.7% (up from 3.2% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • May 03Tai Tung Communication Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Tai Tung Communication Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
お知らせ • Apr 12+ 1 more updateTai Tung Communication Co., Ltd. Announces Changes to the General ManagerTai Tung Communication Co., Ltd. appointed Lee, I-Chuan, Vice President of Sales as General Manager in place of Lee, Ching-Hung. Effective date of the new appointment April 11, 2024.
分析記事 • Apr 11We Think Tai Tung Communication (TWSE:8011) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
New Risk • Mar 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 48% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.8x net interest cover). Share price has been highly volatile over the past 3 months (9.6% average weekly change). Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (13% increase in shares outstanding).
Reported Earnings • Mar 17Full year 2023 earnings released: EPS: NT$0.09 (vs NT$1.62 loss in FY 2022)Full year 2023 results: EPS: NT$0.09 (up from NT$1.62 loss in FY 2022). Revenue: NT$2.04b (up 20% from FY 2022). Net income: NT$14.3m (up NT$258.0m from FY 2022). Profit margin: 0.7% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year.
分析記事 • Mar 11Optimistic Investors Push Tai Tung Communication Co., Ltd. (TWSE:8011) Shares Up 26% But Growth Is LackingTai Tung Communication Co., Ltd. ( TWSE:8011 ) shareholders have had their patience rewarded with a 26% share price...
お知らせ • Mar 09Tai Tung Communication Co., Ltd., Annual General Meeting, May 31, 2024Tai Tung Communication Co., Ltd., Annual General Meeting, May 31, 2024. Location: No. 219, Fuhui Rd., Xinzhuang Dist., 2F of TAI TUNG COMMUNICATION CO.,LTD. New Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider audit Committee's 2023 Review Report; to consider report on execution status of strengthening operational plan; to consider report on total amount of endorsements/guarantees; to consider report on investment in Mainland China; to consider report on 2023 distribution of remuneration to employees and directors; to consider report on 2023 payment of remuneration to directors; to consider report on execution status of treasury shares; and to consider other matters.
New Risk • Dec 12New 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: Major Risks Interest payments are not well covered by earnings (0.6x net interest cover). Earnings have declined by 35% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.7% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.002 (vs NT$0.19 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.002 (up from NT$0.19 loss in 3Q 2022). Revenue: NT$530.3m (up 12% from 3Q 2022). Net income: NT$277.0k (up NT$28.7m from 3Q 2022). Profit margin: 0.1% (up from net loss in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Nov 07Tai Tung Communication Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 326 million.Tai Tung Communication Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 326 million. Security Name: Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 16.3 Security Name: Shares Security Type: Common Stock Securities Offered: 15,000,000 Price\Range: TWD 16.3 Security Name: Shares Security Type: Common Stock Securities Offered: 3,000,000 Price\Range: TWD 16.3 Transaction Features: Reserved Share Offering; Rights Offering
New Risk • Nov 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% 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 Debt is not well covered by operating cash flow (4.5% operating cash flow to total debt). Earnings have declined by 44% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (NT$2.99b market cap, or US$92.8m).
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.01 (vs NT$0.65 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.01 (up from NT$0.65 loss in 2Q 2022). Revenue: NT$413.4m (up 14% from 2Q 2022). Net income: NT$1.14m (up NT$97.7m from 2Q 2022). Profit margin: 0.3% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
New Risk • Jun 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.1% operating cash flow to total debt). Earnings have declined by 53% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$2.67b market cap, or US$86.8m).
Reported Earnings • Mar 31Full year 2022 earnings released: NT$1.62 loss per share (vs NT$1.36 loss in FY 2021)Full year 2022 results: NT$1.62 loss per share (further deteriorated from NT$1.36 loss in FY 2021). Revenue: NT$1.70b (down 1.6% from FY 2021). Net loss: NT$243.8m (loss widened 22% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 16Third quarter 2022 earnings released: NT$0.19 loss per share (vs NT$0.49 loss in 3Q 2021)Third quarter 2022 results: NT$0.19 loss per share (improved from NT$0.49 loss in 3Q 2021). Revenue: NT$474.5m (up 17% from 3Q 2021). Net loss: NT$28.4m (loss narrowed 61% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2022 earnings released: NT$0.19 loss per share (vs NT$0.49 loss in 3Q 2021)Third quarter 2022 results: NT$0.19 loss per share (improved from NT$0.49 loss in 3Q 2021). Revenue: NT$474.5m (up 17% from 3Q 2021). Net loss: NT$28.4m (loss narrowed 61% from 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 15Second quarter 2022 earnings released: NT$0.64 loss per share (vs NT$0.18 loss in 2Q 2021)Second quarter 2022 results: NT$0.64 loss per share (down from NT$0.18 loss in 2Q 2021). Revenue: NT$363.9m (down 2.6% from 2Q 2021). Net loss: NT$96.6m (loss widened 268% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.40 loss per share (vs NT$0.31 loss in 1Q 2021)First quarter 2022 results: NT$0.40 loss per share (down from NT$0.31 loss in 1Q 2021). Revenue: NT$460.7m (up 35% from 1Q 2021). Net loss: NT$59.5m (loss widened 30% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Reported Earnings • Mar 31Full year 2021 earnings released: NT$1.36 loss per share (vs NT$0.18 loss in FY 2020)Full year 2021 results: NT$1.36 loss per share (down from NT$0.18 loss in FY 2020). Revenue: NT$1.73b (up 20% from FY 2020). Net loss: NT$199.8m (loss widened NT$177.4m from FY 2020). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.49 loss per share (vs NT$0.12 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$405.4m (up 37% from 3Q 2020). Net loss: NT$72.5m (loss widened 412% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.015 profit in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$373.5m (down 10% from 2Q 2020). Net loss: NT$26.3m (down NT$28.1m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.001 profit in 1Q 2020)The company reported a soft first quarter result with weaker earnings and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$341.2m (up 3.7% from 1Q 2020). Net loss: NT$45.9m (down NT$46.0m from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% 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 • Mar 29Full year 2020 earnings released: NT$0.19 loss per share (vs NT$0.51 loss in FY 2019)The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$1.44b (down 5.0% from FY 2019). Net loss: NT$22.4m (loss narrowed 63% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Mar 11Tai Tung Communication Co., Ltd., Annual General Meeting, May 28, 2021Tai Tung Communication Co., Ltd., Annual General Meeting, May 28, 2021.
分析記事 • Mar 05Introducing Tai Tung Communication (TPE:8011), A Stock That Climbed 47% In The Last YearPassive investing in index funds can generate returns that roughly match the overall market. But investors can boost...
分析記事 • Jan 27Is Tai Tung Communication (TPE:8011) Using Debt In A Risky Way?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 31New 90-day high: NT$24.55The company is up 50% from its price of NT$16.35 on 30 September 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 26% over the same period.
分析記事 • Dec 23At NT$23.15, Is Tai Tung Communication Co., Ltd. (TPE:8011) Worth Looking At Closely?While Tai Tung Communication Co., Ltd. ( TPE:8011 ) might not be the most widely known stock at the moment, it led the...
Is New 90 Day High Low • Dec 04New 90-day high: NT$20.75The company is up 19% from its price of NT$17.50 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 9.0% over the same period.
Is New 90 Day High Low • Nov 16New 90-day high: NT$19.00The company is up 10.0% from its price of NT$17.35 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 1.0% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.12 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$295.7m (down 18% from 3Q 2019). Net loss: NT$14.2m (down NT$17.4m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 70% 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.
Is New 90 Day High Low • Oct 29New 90-day low: NT$15.60The company is down 12% from its price of NT$17.65 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$15.90The company is down 13% from its price of NT$18.30 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Communications industry, which is flat over the same period.