View Financial HealthShih Wei Navigation 配当と自社株買い配当金 基準チェック /06Shih Wei Navigation現在配当金を支払っていません。主要情報0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長n/a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0%最近の配当と自社株買いの更新Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).お知らせ • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).お知らせ • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.すべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: NT$0.46 loss per share (vs NT$0.55 loss in 1Q 2024)First quarter 2025 results: NT$0.46 loss per share (improved from NT$0.55 loss in 1Q 2024). Revenue: NT$783.5m (flat on 1Q 2024). Net loss: NT$181.0m (loss narrowed 15% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.お知らせ • Apr 29Shih Wei Navigation Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025お知らせ • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Mar 25New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 04Full year 2024 earnings released: NT$0.69 loss per share (vs NT$1.26 loss in FY 2023)Full year 2024 results: NT$0.69 loss per share (improved from NT$1.26 loss in FY 2023). Revenue: NT$3.49b (flat on FY 2023). Net loss: NT$269.3m (loss narrowed 43% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Feb 18Shih Wei Navigation Co., Ltd. to Report Q4, 2024 Results on Feb 25, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q4, 2024 results on Feb 25, 2025分析記事 • Feb 13Shih Wei Navigation Co., Ltd.'s (TWSE:5608) Shares May Have Run Too Fast Too SoonThere wouldn't be many who think Shih Wei Navigation Co., Ltd.'s ( TWSE:5608 ) price-to-sales (or "P/S") ratio of 2x is...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.41 loss in 3Q 2023). Revenue: NT$942.5m (up 8.6% from 3Q 2023). Net income: NT$77.3m (up NT$232.8m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05Shih Wei Navigation Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.65 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.06 (up from NT$0.65 loss in 2Q 2023). Revenue: NT$836.5m (down 7.2% from 2Q 2023). Net income: NT$22.6m (up NT$264.0m from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.お知らせ • Aug 06Shih Wei Navigation Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024New Risk • Aug 05New 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 6.7% 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).お知らせ • Jul 18Shih Wei Navigation Co., Ltd. announced that it expects to receive TWD 600 million in fundingShih Wei Navigation Co., Ltd. announced a private placement to issue Series 7 Domestic Secured Convertible Bonds for the gross proceeds of TWD 600,000,000 on July 16, 2024. The transaction has been approved by shareholders, bonds bear zero coupon rate and matures in 3 years.分析記事 • Jun 12Is Shih Wei Navigation (TWSE:5608) 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...Reported Earnings • May 13First quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.50 loss in 1Q 2023)First quarter 2024 results: NT$0.55 loss per share (further deteriorated from NT$0.50 loss in 1Q 2023). Revenue: NT$785.2m (down 9.0% from 1Q 2023). Net loss: NT$213.4m (loss widened 15% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • May 01Shih Wei Navigation Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024お知らせ • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: PCBC 208+209 conference room 2F., No. 99, Fusing N.Road Taipei Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee Report on the Review of the 2023 Financial Report; to consider the Report on 2023 employees's and directors's remuneration; to consider the report on remuneration paid during 2023 to directors; to consider the acknowledgment of the 2023 business report and financial statements; to consider the adoption of the Proposal for 2023 Deficit Compensation Statement; to consider the amendment to the Articles of Incorporation; and to consider the other matters.Reported Earnings • Feb 29Full year 2023 earnings released: NT$1.26 loss per share (vs NT$6.08 profit in FY 2022)Full year 2023 results: NT$1.26 loss per share (down from NT$6.08 profit in FY 2022). Revenue: NT$3.46b (down 49% from FY 2022). Net loss: NT$476.0m (down 124% from profit in FY 2022). 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 19% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Dec 07New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 114% Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. 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 Dividend is not well covered by earnings (133% payout ratio). Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.65 loss per share (vs NT$2.12 profit in 2Q 2022)Second quarter 2023 results: NT$0.65 loss per share (down from NT$2.12 profit in 2Q 2022). Revenue: NT$901.1m (down 53% from 2Q 2022). Net loss: NT$241.4m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 09Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million.Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$19.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 287% over the past three years.お知らせ • Jul 13Shih Wei Navigation Co., Ltd. Appoints Lin, Hsiu-Ching as COOShih Wei Navigation Co., Ltd. announced the appointment of Lin, Hsiu-Ching/Senior Manager of Shih Wei Navigation Co., Ltd. as COO, with effect from July 11, 2023.お知らせ • Jul 12Shih Wei Navigation Co., Ltd. Announces Remuneration Committee ChangesShih Wei Navigation Co., Ltd. announced the appointment of members of the fifth Remuneration Committee. Name of the previous position holder: Lin, Po-Ging: Manager, Securities Department, Land Bank of Taiwan, Chang, Lu-Chang: Legal representative, Vicneer Company (Taiwan) Ltd., Chen, Po-Chung: Assistant Vice President, Finance Department and Administration Department, New Asia Construction & Development Corp. Name of the new position holder: Chou, Chen-Shing: independent director of the Company, Shann, Shu-Jiun: independent director of the Company, Chen, Chien-Ting: director of the Celxpert Energy Corp, The effective date of the new member is July 11, 2023.Board Change • Jul 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).お知らせ • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.お知らせ • Jun 29+ 1 more updateShih Wei Navigation Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Chen, Huo-Tsai and Kuo, Chen-Yu as directors; Lin, Po-Ging, Chang, Lu-Chang and Chen, Po-Chung as independent directors. Title and name of the new position holder: Lan, Shin-Chyi (Representative of Luo Pan Investment Corp.), Lan, Pei-Ching (Representative of Luo Pan Investment Corp.) and Kuo, Cheng-Yu as directors; Chang, Tsang-Yao, Ding, Yun-Kai, Chou, Chen-Shing and Shann, Shu-Jiun as independent directors. Resume of the new position holder: Lan, Shin-Chyi(Representative Of Luo Pan Investment Corp.); Chairwoman & President, Shih Wei Navigation Co., Ltd. Lan, Pei-Ching (Representative of Luo Pan Investment Corp.); Chairwoman & CEO, Dancewoods Hotels and Resorts Co., LTD Kuo, Cheng-Yu; Director, Sales & Marketing Department, China Television Company Independent Directors: Chang, Tsang-Yao; Director of Ph. D Feng Chia University Master Program in Finance Ding, Yun-Kai; Senior Consultant,Ding & Ding Law Offices Chou, Chen-Shing; Executive Director,Jubilee Education Foundation Shann, Shu-Jiun; CFO, Hoteck INC. Supervisor Inc.Effective date of the new appointment is June 28, 2023.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: NT$6.08 (vs NT$7.16 in FY 2021)Full year 2022 results: EPS: NT$6.08. Revenue: NT$6.72b (up 21% from FY 2021). Net income: NT$2.03b (up 1.3% from FY 2021). Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 367% over the past three years.Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: NT$1.83 (vs NT$3.01 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.83 (down from NT$3.01 in 3Q 2021). Revenue: NT$1.91b (up 15% from 3Q 2021). Net income: NT$603.3m (down 28% from 3Q 2021). Profit margin: 32% (down from 51% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 3x in the Shipping industry in Taiwan. Total returns to shareholders of 258% over the past three years.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.12 (vs NT$1.78 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.12 (up from NT$1.78 in 2Q 2021). Revenue: NT$1.90b (up 56% from 2Q 2021). Net income: NT$698.8m (up 41% from 2Q 2021). Profit margin: 37% (down from 41% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).お知らせ • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$34.00, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 4x in the Shipping industry in Taiwan. Total returns to shareholders of 315% over the past three years.お知らせ • May 22Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022, at 09:00 Taipei Standard Time. Location: Conference Room CC+DD+EE, Primasia Conference & Business Center 15F, No. 99, Fusing North Road Taipei City Taiwan Agenda: To discuss 2021 Business Report; to Report by Audit Committee on review of the 2021 Financial Statements; to Report on the 2021 distribution of remuneration to employees and directors; to Report on the implementation of capital reduction for business improvement plan in 2021; to Report on the implementation of capital increase for business improvement plan in 2021.Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.14 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.14 in 1Q 2021). Revenue: NT$1.60b (up 101% from 1Q 2021). Net income: NT$504.1m (up NT$464.7m from 1Q 2021). Profit margin: 31% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.16 (up from NT$3.27 loss in FY 2020). Revenue: NT$5.53b (up 107% from FY 2020). Net income: NT$2.00b (up NT$2.91b from FY 2020). Profit margin: 36% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.お知らせ • Feb 24Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022. Location: No.459, Section 2, Wubin Road, Wujie Township, Yilan Taiwan County Yilan City Taiwan Agenda: To consider 2021 Business Report; to consider Supervisor's review of the 2021 annual final accounting books and statements; and to consider other matters.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Shipping industry in Taiwan. Total returns to shareholders of 368% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.01 (vs NT$0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.65b (up 136% from 3Q 2020). Net income: NT$840.3m (up NT$930.0m from 3Q 2020). Profit margin: 51% (up from net loss in 3Q 2020). The move to profitability 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 increased by 57% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$47.00, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 20x in the Shipping industry in Taiwan. Total returns to shareholders of 297% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$60.50, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 26x in the Shipping industry in Taiwan. Total returns to shareholders of 397% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.78 (vs NT$1.04 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.22b (up 101% from 2Q 2020). Net income: NT$496.0m (up NT$785.5m from 2Q 2020). Profit margin: 41% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.14 (vs NT$1.41 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$798.8m (up 25% from 1Q 2020). Net income: NT$39.4m (up NT$432.4m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 30Full year 2020 earnings released: NT$3.27 loss per share (vs NT$1.26 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$2.67b (down 30% from FY 2019). Net loss: NT$912.0m (loss widened 159% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 28Shih Wei Navigation Co., Ltd. Reports Impairment LossShih Wei Navigation Co., Ltd. reported impairment loss of TWD 19,893,000.分析記事 • Mar 12Did Shih Wei Navigation's (TPE:5608) Share Price Deserve to Gain 94%?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...分析記事 • Jan 18Is Shih Wei Navigation (TPE:5608) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Dec 15New 90-day high: NT$7.94The company is up 11% from its price of NT$7.14 on 15 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 49% over the same period.分析記事 • Nov 26Shih Wei Navigation (TPE:5608) Share Prices Have Dropped 57% In The Last Five YearsWhile not a mind-blowing move, it is good to see that the Shih Wei Navigation Co., Ltd. (TPE:5608) share price has...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$700.6m (down 28% from 3Q 2019). Net loss: NT$89.7m (loss widened 67% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.決済の安定と成長配当データの取得安定した配当: 5608の 1 株当たり配当が過去に安定していたかどうかを判断するにはデータが不十分です。増加する配当: 5608の配当金が増加しているかどうかを判断するにはデータが不十分です。配当利回り対市場Shih Wei Navigation 配当利回り対市場5608 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 (5608)0%市場下位25% (TW)1.4%市場トップ25% (TW)5.0%業界平均 (Shipping)5.5%アナリスト予想 (5608) (最長3年)n/a注目すべき配当: 5608は最近配当金を報告していないため、配当金支払者の下位 25% に対して同社の配当利回りを評価することはできません。高配当: 5608は最近配当金を報告していないため、配当金支払者の上位 25% に対して同社の配当利回りを評価することはできません。株主への利益配当収益カバレッジ: 5608 TW市場において目立った配当金を支払っていません。株主配当金キャッシュフローカバレッジ: 5608が配当金を報告していないため、配当金の持続可能性を計算できません。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2026/05/22 06:31終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Shih Wei Navigation 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。2 アナリスト機関Shawn YangMasterlink Securities Investment AdvisoryYili ChenSinoPac Securities Investment Service
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).
お知らせ • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.
Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).
お知らせ • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.
Reported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Dec 05New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: NT$0.46 loss per share (vs NT$0.55 loss in 1Q 2024)First quarter 2025 results: NT$0.46 loss per share (improved from NT$0.55 loss in 1Q 2024). Revenue: NT$783.5m (flat on 1Q 2024). Net loss: NT$181.0m (loss narrowed 15% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 29Shih Wei Navigation Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025
お知らせ • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Mar 25New 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 04Full year 2024 earnings released: NT$0.69 loss per share (vs NT$1.26 loss in FY 2023)Full year 2024 results: NT$0.69 loss per share (improved from NT$1.26 loss in FY 2023). Revenue: NT$3.49b (flat on FY 2023). Net loss: NT$269.3m (loss narrowed 43% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 18Shih Wei Navigation Co., Ltd. to Report Q4, 2024 Results on Feb 25, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q4, 2024 results on Feb 25, 2025
分析記事 • Feb 13Shih Wei Navigation Co., Ltd.'s (TWSE:5608) Shares May Have Run Too Fast Too SoonThere wouldn't be many who think Shih Wei Navigation Co., Ltd.'s ( TWSE:5608 ) price-to-sales (or "P/S") ratio of 2x is...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.41 loss in 3Q 2023). Revenue: NT$942.5m (up 8.6% from 3Q 2023). Net income: NT$77.3m (up NT$232.8m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05Shih Wei Navigation Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.65 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.06 (up from NT$0.65 loss in 2Q 2023). Revenue: NT$836.5m (down 7.2% from 2Q 2023). Net income: NT$22.6m (up NT$264.0m from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 06Shih Wei Navigation Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
New Risk • Aug 05New 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 6.7% 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 Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (6.7% average weekly change).
お知らせ • Jul 18Shih Wei Navigation Co., Ltd. announced that it expects to receive TWD 600 million in fundingShih Wei Navigation Co., Ltd. announced a private placement to issue Series 7 Domestic Secured Convertible Bonds for the gross proceeds of TWD 600,000,000 on July 16, 2024. The transaction has been approved by shareholders, bonds bear zero coupon rate and matures in 3 years.
分析記事 • Jun 12Is Shih Wei Navigation (TWSE:5608) 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...
Reported Earnings • May 13First quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.50 loss in 1Q 2023)First quarter 2024 results: NT$0.55 loss per share (further deteriorated from NT$0.50 loss in 1Q 2023). Revenue: NT$785.2m (down 9.0% from 1Q 2023). Net loss: NT$213.4m (loss widened 15% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • May 01Shih Wei Navigation Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
お知らせ • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: PCBC 208+209 conference room 2F., No. 99, Fusing N.Road Taipei Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee Report on the Review of the 2023 Financial Report; to consider the Report on 2023 employees's and directors's remuneration; to consider the report on remuneration paid during 2023 to directors; to consider the acknowledgment of the 2023 business report and financial statements; to consider the adoption of the Proposal for 2023 Deficit Compensation Statement; to consider the amendment to the Articles of Incorporation; and to consider the other matters.
Reported Earnings • Feb 29Full year 2023 earnings released: NT$1.26 loss per share (vs NT$6.08 profit in FY 2022)Full year 2023 results: NT$1.26 loss per share (down from NT$6.08 profit in FY 2022). Revenue: NT$3.46b (down 49% from FY 2022). Net loss: NT$476.0m (down 124% from profit in FY 2022). 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 19% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Dec 07New 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 5.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 114% Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. 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 Dividend is not well covered by earnings (133% payout ratio). Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.65 loss per share (vs NT$2.12 profit in 2Q 2022)Second quarter 2023 results: NT$0.65 loss per share (down from NT$2.12 profit in 2Q 2022). Revenue: NT$901.1m (down 53% from 2Q 2022). Net loss: NT$241.4m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 09Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million.Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$19.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 287% over the past three years.
お知らせ • Jul 13Shih Wei Navigation Co., Ltd. Appoints Lin, Hsiu-Ching as COOShih Wei Navigation Co., Ltd. announced the appointment of Lin, Hsiu-Ching/Senior Manager of Shih Wei Navigation Co., Ltd. as COO, with effect from July 11, 2023.
お知らせ • Jul 12Shih Wei Navigation Co., Ltd. Announces Remuneration Committee ChangesShih Wei Navigation Co., Ltd. announced the appointment of members of the fifth Remuneration Committee. Name of the previous position holder: Lin, Po-Ging: Manager, Securities Department, Land Bank of Taiwan, Chang, Lu-Chang: Legal representative, Vicneer Company (Taiwan) Ltd., Chen, Po-Chung: Assistant Vice President, Finance Department and Administration Department, New Asia Construction & Development Corp. Name of the new position holder: Chou, Chen-Shing: independent director of the Company, Shann, Shu-Jiun: independent director of the Company, Chen, Chien-Ting: director of the Celxpert Energy Corp, The effective date of the new member is July 11, 2023.
Board Change • Jul 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).
お知らせ • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.
お知らせ • Jun 29+ 1 more updateShih Wei Navigation Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Chen, Huo-Tsai and Kuo, Chen-Yu as directors; Lin, Po-Ging, Chang, Lu-Chang and Chen, Po-Chung as independent directors. Title and name of the new position holder: Lan, Shin-Chyi (Representative of Luo Pan Investment Corp.), Lan, Pei-Ching (Representative of Luo Pan Investment Corp.) and Kuo, Cheng-Yu as directors; Chang, Tsang-Yao, Ding, Yun-Kai, Chou, Chen-Shing and Shann, Shu-Jiun as independent directors. Resume of the new position holder: Lan, Shin-Chyi(Representative Of Luo Pan Investment Corp.); Chairwoman & President, Shih Wei Navigation Co., Ltd. Lan, Pei-Ching (Representative of Luo Pan Investment Corp.); Chairwoman & CEO, Dancewoods Hotels and Resorts Co., LTD Kuo, Cheng-Yu; Director, Sales & Marketing Department, China Television Company Independent Directors: Chang, Tsang-Yao; Director of Ph. D Feng Chia University Master Program in Finance Ding, Yun-Kai; Senior Consultant,Ding & Ding Law Offices Chou, Chen-Shing; Executive Director,Jubilee Education Foundation Shann, Shu-Jiun; CFO, Hoteck INC. Supervisor Inc.Effective date of the new appointment is June 28, 2023.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: NT$6.08 (vs NT$7.16 in FY 2021)Full year 2022 results: EPS: NT$6.08. Revenue: NT$6.72b (up 21% from FY 2021). Net income: NT$2.03b (up 1.3% from FY 2021). Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 367% over the past three years.
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: NT$1.83 (vs NT$3.01 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.83 (down from NT$3.01 in 3Q 2021). Revenue: NT$1.91b (up 15% from 3Q 2021). Net income: NT$603.3m (down 28% from 3Q 2021). Profit margin: 32% (down from 51% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 3x in the Shipping industry in Taiwan. Total returns to shareholders of 258% over the past three years.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.12 (vs NT$1.78 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.12 (up from NT$1.78 in 2Q 2021). Revenue: NT$1.90b (up 56% from 2Q 2021). Net income: NT$698.8m (up 41% from 2Q 2021). Profit margin: 37% (down from 41% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).
お知らせ • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$34.00, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 4x in the Shipping industry in Taiwan. Total returns to shareholders of 315% over the past three years.
お知らせ • May 22Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022, at 09:00 Taipei Standard Time. Location: Conference Room CC+DD+EE, Primasia Conference & Business Center 15F, No. 99, Fusing North Road Taipei City Taiwan Agenda: To discuss 2021 Business Report; to Report by Audit Committee on review of the 2021 Financial Statements; to Report on the 2021 distribution of remuneration to employees and directors; to Report on the implementation of capital reduction for business improvement plan in 2021; to Report on the implementation of capital increase for business improvement plan in 2021.
Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.14 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.14 in 1Q 2021). Revenue: NT$1.60b (up 101% from 1Q 2021). Net income: NT$504.1m (up NT$464.7m from 1Q 2021). Profit margin: 31% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.16 (up from NT$3.27 loss in FY 2020). Revenue: NT$5.53b (up 107% from FY 2020). Net income: NT$2.00b (up NT$2.91b from FY 2020). Profit margin: 36% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.
お知らせ • Feb 24Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022. Location: No.459, Section 2, Wubin Road, Wujie Township, Yilan Taiwan County Yilan City Taiwan Agenda: To consider 2021 Business Report; to consider Supervisor's review of the 2021 annual final accounting books and statements; and to consider other matters.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Shipping industry in Taiwan. Total returns to shareholders of 368% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.01 (vs NT$0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.65b (up 136% from 3Q 2020). Net income: NT$840.3m (up NT$930.0m from 3Q 2020). Profit margin: 51% (up from net loss in 3Q 2020). The move to profitability 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 increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$47.00, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 20x in the Shipping industry in Taiwan. Total returns to shareholders of 297% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$60.50, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 26x in the Shipping industry in Taiwan. Total returns to shareholders of 397% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.78 (vs NT$1.04 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.22b (up 101% from 2Q 2020). Net income: NT$496.0m (up NT$785.5m from 2Q 2020). Profit margin: 41% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.14 (vs NT$1.41 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$798.8m (up 25% from 1Q 2020). Net income: NT$39.4m (up NT$432.4m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 30Full year 2020 earnings released: NT$3.27 loss per share (vs NT$1.26 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$2.67b (down 30% from FY 2019). Net loss: NT$912.0m (loss widened 159% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 28Shih Wei Navigation Co., Ltd. Reports Impairment LossShih Wei Navigation Co., Ltd. reported impairment loss of TWD 19,893,000.
分析記事 • Mar 12Did Shih Wei Navigation's (TPE:5608) Share Price Deserve to Gain 94%?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...
分析記事 • Jan 18Is Shih Wei Navigation (TPE:5608) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Dec 15New 90-day high: NT$7.94The company is up 11% from its price of NT$7.14 on 15 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 49% over the same period.
分析記事 • Nov 26Shih Wei Navigation (TPE:5608) Share Prices Have Dropped 57% In The Last Five YearsWhile not a mind-blowing move, it is good to see that the Shih Wei Navigation Co., Ltd. (TPE:5608) share price has...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$700.6m (down 28% from 3Q 2019). Net loss: NT$89.7m (loss widened 67% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.