Easy Field (6425) 주식 개요Easy Field Corporation은 대만에서 기계 및 장비를 연구, 개발, 제조 및 판매하는 회사입니다. 자세히 보기6425 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당0/6강점지난 5년 동안 수입이 매년 15.1% 증가했습니다.위험 분석지난 3개월 동안 주가 변동성이 TW 시장과 비교해 높았습니다.모든 위험 점검 보기6425 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$79.6083.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-180m2b2016201920222025202620282031Revenue NT$1.3bEarnings NT$121.5mAdvancedSet Fair ValueView all narrativesEasy Field Corporation 경쟁사Fu Chun Shin Machinery ManufactureSymbol: TPEX:6603Market cap: NT$4.0bAdvanced Material SystemsSymbol: TPEX:7879Market cap: NT$4.1bS-TechSymbol: TPEX:1584Market cap: NT$4.4bHonor SeikiSymbol: TPEX:7709Market cap: NT$4.1b가격 이력 및 성과Easy Field 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$79.6052주 최고가NT$109.0052주 최저가NT$37.50베타0.291개월 변동-11.95%3개월 변동30.49%1년 변동83.62%3년 변동287.35%5년 변동222.27%IPO 이후 변동36.88%최근 뉴스 및 업데이트Declared Dividend • Jun 04Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 1st July 2026 Payment date: 27th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.18 (vs NT$0.72 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.18 (up from NT$0.72 loss in 1Q 2025). Revenue: NT$405.1m (up 40% from 1Q 2025). Net income: NT$8.82m (up NT$43.7m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.6% 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 17Full year 2025 earnings released: NT$1.61 loss per share (vs NT$0.69 profit in FY 2024)Full year 2025 results: NT$1.61 loss per share (down from NT$0.69 profit in FY 2024). Revenue: NT$1.41b (down 17% from FY 2024). Net loss: NT$78.4m (down 359% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$98.1m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.13b market cap, or US$98.1m).New Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.3m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.3m).더 많은 업데이트 보기Recent updatesDeclared Dividend • Jun 04Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 1st July 2026 Payment date: 27th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.18 (vs NT$0.72 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.18 (up from NT$0.72 loss in 1Q 2025). Revenue: NT$405.1m (up 40% from 1Q 2025). Net income: NT$8.82m (up NT$43.7m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.6% 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 17Full year 2025 earnings released: NT$1.61 loss per share (vs NT$0.69 profit in FY 2024)Full year 2025 results: NT$1.61 loss per share (down from NT$0.69 profit in FY 2024). Revenue: NT$1.41b (down 17% from FY 2024). Net loss: NT$78.4m (down 359% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$98.1m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.13b market cap, or US$98.1m).New Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.3m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.3m).공시 • Jan 29Easy Field Corporation, Annual General Meeting, May 18, 2026Easy Field Corporation, Annual General Meeting, May 18, 2026. Location: no,3-2, tzu ch`iang 4th rd., jhongli district, taoyuan city TaiwanNew Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$99.0m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (NT$3.09b market cap, or US$99.0m).Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.42 loss in 3Q 2024)Third quarter 2025 results: NT$0.58 loss per share (further deteriorated from NT$0.42 loss in 3Q 2024). Revenue: NT$288.9m (down 20% from 3Q 2024). Net loss: NT$28.0m (loss widened 53% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.29 loss per share (vs NT$0.025 profit in 2Q 2024)Second quarter 2025 results: NT$1.29 loss per share (down from NT$0.025 profit in 2Q 2024). Revenue: NT$349.2m (down 27% from 2Q 2024). Net loss: NT$62.5m (down NT$63.6m from profit in 2Q 2024). 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 38% per year, which means it is well ahead of earnings.New Risk • Jun 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 137% Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 137% Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (NT$2.11b market cap, or US$71.3m).Upcoming Dividend • Jun 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 21 July 2025. The company is not currently making a profit and its cash payout ratio is 77%. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).Declared Dividend • May 31Dividend increased to NT$1.00Dividend of NT$1.00 is 100% higher than last year. Ex-date: 25th June 2025 Payment date: 21st July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (77% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Reported Earnings • May 19First quarter 2025 earnings released: NT$0.72 loss per share (vs NT$0.70 profit in 1Q 2024)First quarter 2025 results: NT$0.72 loss per share (down from NT$0.70 profit in 1Q 2024). Revenue: NT$290.4m (down 27% from 1Q 2024). Net loss: NT$34.9m (down 214% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$45.75, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 106% over the past three years.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.69 (vs NT$1.59 loss in FY 2023)Full year 2024 results: EPS: NT$0.69 (up from NT$1.59 loss in FY 2023). Revenue: NT$1.70b (up 55% from FY 2023). Net income: NT$30.3m (up NT$99.5m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.공시 • Jan 21Easy Field Corporation, Annual General Meeting, May 16, 2025Easy Field Corporation, Annual General Meeting, May 16, 2025. Location: no,3-2, tzu ch`iang 4th rd., jhongli district, taoyuan city TaiwanNew Risk • Jan 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.27b (US$99.4m) 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.27b market cap, or US$99.4m).Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.42 loss per share (vs NT$0.22 loss in 3Q 2023)Third quarter 2024 results: NT$0.42 loss per share (further deteriorated from NT$0.22 loss in 3Q 2023). Revenue: NT$361.9m (up 51% from 3Q 2023). Net loss: NT$18.3m (loss widened 93% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.59 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.02 (up from NT$0.59 loss in 2Q 2023). Revenue: NT$478.1m (up 58% from 2Q 2023). Net income: NT$1.09m (up NT$26.8m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.New Risk • Jul 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 221% Dividend yield: 1.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 221% Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.59b market cap, or US$78.8m).Upcoming Dividend • Jun 07Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 10 July 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$1.11 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (up from NT$1.11 loss in 1Q 2023). Revenue: NT$396.5m (up 135% from 1Q 2023). Net income: NT$30.5m (up NT$78.8m from 1Q 2023). Profit margin: 7.7% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 18Full year 2023 earnings released: NT$1.59 loss per share (vs NT$1.12 profit in FY 2022)Full year 2023 results: NT$1.59 loss per share (down from NT$1.12 profit in FY 2022). Revenue: NT$1.09b (down 32% from FY 2022). Net loss: NT$69.2m (down 241% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.공시 • Feb 17Easy Field Corporation, Annual General Meeting, May 16, 2024Easy Field Corporation, Annual General Meeting, May 16, 2024.New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.8% operating cash flow to total debt). Earnings have declined by 26% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$1.31b market cap, or US$42.0m).Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.59 loss per share (vs NT$0.49 loss in 2Q 2022)Second quarter 2023 results: NT$0.59 loss per share (further deteriorated from NT$0.49 loss in 2Q 2022). Revenue: NT$301.8m (down 28% from 2Q 2022). Net loss: NT$25.7m (loss widened 20% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 14Upcoming dividend of NT$1.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 19 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$1.12 (vs NT$2.52 loss in FY 2021)Full year 2022 results: EPS: NT$1.12 (up from NT$2.52 loss in FY 2021). Revenue: NT$1.60b (down 11% from FY 2021). Net income: NT$49.0m (up NT$158.9m from FY 2021). Profit margin: 3.1% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.59 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.05 (up from NT$0.59 loss in 3Q 2021). Revenue: NT$390.9m (down 8.4% from 3Q 2021). Net income: NT$2.27m (up NT$28.1m from 3Q 2021). Profit margin: 0.6% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Buying Opportunity • Nov 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be NT$24.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Xiao Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Buying Opportunity • Nov 04Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be NT$25.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.49 loss per share (vs NT$0.16 loss in 2Q 2021)Second quarter 2022 results: NT$0.49 loss per share (down from NT$0.16 loss in 2Q 2021). Revenue: NT$418.0m (down 8.3% from 2Q 2021). Net loss: NT$21.4m (loss widened 210% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.Upcoming Dividend • Jul 08Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.4%).Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$0.63 (vs NT$1.83 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.63 (up from NT$1.83 loss in 1Q 2021). Revenue: NT$406.4m (down 2.2% from 1Q 2021). Net income: NT$27.3m (up NT$107.3m from 1Q 2021). Profit margin: 6.7% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Xiao Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 01Full year 2021 earnings released: NT$2.52 loss per share (vs NT$1.00 loss in FY 2020)Full year 2021 results: NT$2.52 loss per share (down from NT$1.00 loss in FY 2020). Revenue: NT$1.80b (up 33% from FY 2020). Net loss: NT$109.9m (loss widened 161% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.공시 • Mar 06Easy Field Corporation, Annual General Meeting, May 18, 2022Easy Field Corporation, Annual General Meeting, May 18, 2022.Reported Earnings • Nov 19Third quarter 2021 earnings released: NT$0.59 loss per share (vs NT$0.56 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses, although control over costs was stable and revenues improved. Third quarter 2021 results: Revenue: NT$426.9m (up 12% from 3Q 2020). Net loss: NT$25.8m (loss widened 12% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.16 loss per share (vs NT$0.37 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$455.6m (up 41% from 2Q 2020). Net loss: NT$6.92m (down 145% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jun 04Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 08 July 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.6%).Reported Earnings • May 18First quarter 2021 earnings released: NT$1.83 loss per share (vs NT$0.26 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$415.5m (up 55% from 1Q 2020). Net loss: NT$80.0m (loss widened NT$68.7m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 30Something To Consider Before Buying Easy Field Corporation (GTSM:6425) For The 1.6% DividendToday we'll take a closer look at Easy Field Corporation ( GTSM:6425 ) from a dividend investor's perspective. Owning a...Reported Earnings • Mar 17Full year 2020 earnings released: NT$1.00 loss per share (vs NT$3.33 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$1.35b (down 5.6% from FY 2019). Net loss: NT$42.2m (loss narrowed 70% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Mar 06New 90-day high: NT$35.00The company is up 14% from its price of NT$30.75 on 04 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period.분석 기사 • Mar 02Does Easy Field's (GTSM:6425) Share Price Gain of 35% Match Its Business Performance?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...Is New 90 Day High Low • Jan 29New 90-day low: NT$26.80The company is down 37% from its price of NT$42.70 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period.공시 • Jan 22Easy Field Corporation, Annual General Meeting, Apr 16, 2021Easy Field Corporation, Annual General Meeting, Apr 16, 2021.분석 기사 • Jan 06Easy Field (GTSM:6425) Is Making Moderate Use Of DebtSome 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 02New 90-day low: NT$32.50The company is down 14% from its price of NT$37.70 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period.Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.56 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$381.6m (up 57% from 3Q 2019). Net loss: NT$23.0m (loss narrowed 61% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Sep 24New 90-day high: NT$51.90The company is up 114% from its price of NT$24.20 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period.주주 수익률6425TW MachineryTW 시장7D1.1%6.8%5.3%1Y83.6%71.0%109.6%전체 주주 수익률 보기수익률 대 산업: 6425은 지난 1년 동안 71%의 수익을 기록한 TW Machinery 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 6425은 지난 1년 동안 109.6%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 6425's price volatile compared to industry and market?6425 volatility6425 Average Weekly Movement9.5%Machinery Industry Average Movement7.5%Market Average Movement6.4%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%안정적인 주가: 6425의 주가는 지난 3개월 동안 TW 시장보다 변동성이 컸습니다.시간에 따른 변동성: 6425의 주간 변동성(10%)은 지난 1년 동안 안정적이었지만 TW 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1988n/aGuo Lin Liuwww.efctw.com/index.php?route=common/home이지 필드 코퍼레이션은 대만에서 기계 및 장비를 연구, 개발, 제조, 판매하는 회사입니다. 이 회사는 1977년에 설립되었으며 대만 타오위안시에 본사를 두고 있습니다.더 보기Easy Field Corporation 기초 지표 요약Easy Field의 순이익과 매출은 시가총액과 어떻게 비교됩니까?6425 기초 통계시가총액NT$3.86b순이익 (TTM)-NT$34.70m매출 (TTM)NT$1.52b2.5x주가매출비율(P/S)-111.3x주가수익비율(P/E)6425는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표6425 손익계산서 (TTM)매출NT$1.52b매출원가NT$1.08b총이익NT$448.68m기타 비용NT$483.38m순이익-NT$34.70m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-0.72총이익률29.43%순이익률-2.28%부채/자본 비율75.5%6425의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.3%현재 배당 수익률-44%배당 성향6425는 안정적으로 배당을 지급합니까?6425 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 6425를 매수해야 하나요?Easy Field 배당 일정배당락일Jul 01 2026배당 지급일Jul 27 2026배당락일까지 남은 일수8 days배당 지급일까지 남은 일수34 days6425는 안정적으로 배당을 지급합니까?6425 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/22 18:02종가2026/06/18 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Easy Field Corporation는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Declared Dividend • Jun 04Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 1st July 2026 Payment date: 27th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.18 (vs NT$0.72 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.18 (up from NT$0.72 loss in 1Q 2025). Revenue: NT$405.1m (up 40% from 1Q 2025). Net income: NT$8.82m (up NT$43.7m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.
New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.6% 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 17Full year 2025 earnings released: NT$1.61 loss per share (vs NT$0.69 profit in FY 2024)Full year 2025 results: NT$1.61 loss per share (down from NT$0.69 profit in FY 2024). Revenue: NT$1.41b (down 17% from FY 2024). Net loss: NT$78.4m (down 359% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$98.1m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.13b market cap, or US$98.1m).
New Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.3m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.3m).
Declared Dividend • Jun 04Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 1st July 2026 Payment date: 27th July 2026 Dividend yield will be 1.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.18 (vs NT$0.72 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.18 (up from NT$0.72 loss in 1Q 2025). Revenue: NT$405.1m (up 40% from 1Q 2025). Net income: NT$8.82m (up NT$43.7m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings.
New Risk • Apr 14New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.6% 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 17Full year 2025 earnings released: NT$1.61 loss per share (vs NT$0.69 profit in FY 2024)Full year 2025 results: NT$1.61 loss per share (down from NT$0.69 profit in FY 2024). Revenue: NT$1.41b (down 17% from FY 2024). Net loss: NT$78.4m (down 359% from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings.
New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$98.1m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.13b market cap, or US$98.1m).
New Risk • Feb 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$98.3m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$98.3m).
공시 • Jan 29Easy Field Corporation, Annual General Meeting, May 18, 2026Easy Field Corporation, Annual General Meeting, May 18, 2026. Location: no,3-2, tzu ch`iang 4th rd., jhongli district, taoyuan city Taiwan
New Risk • Nov 18New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.09b (US$99.0m) 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (NT$3.09b market cap, or US$99.0m).
Reported Earnings • Nov 17Third quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.42 loss in 3Q 2024)Third quarter 2025 results: NT$0.58 loss per share (further deteriorated from NT$0.42 loss in 3Q 2024). Revenue: NT$288.9m (down 20% from 3Q 2024). Net loss: NT$28.0m (loss widened 53% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.29 loss per share (vs NT$0.025 profit in 2Q 2024)Second quarter 2025 results: NT$1.29 loss per share (down from NT$0.025 profit in 2Q 2024). Revenue: NT$349.2m (down 27% from 2Q 2024). Net loss: NT$62.5m (down NT$63.6m from profit in 2Q 2024). 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 38% per year, which means it is well ahead of earnings.
New Risk • Jun 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 137% Dividend yield: 2.2% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 137% Minor Risks Share price has been volatile over the past 3 months (9.5% average weekly change). Market cap is less than US$100m (NT$2.11b market cap, or US$71.3m).
Upcoming Dividend • Jun 18Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 25 June 2025. Payment date: 21 July 2025. The company is not currently making a profit and its cash payout ratio is 77%. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.9%).
Declared Dividend • May 31Dividend increased to NT$1.00Dividend of NT$1.00 is 100% higher than last year. Ex-date: 25th June 2025 Payment date: 21st July 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (77% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Reported Earnings • May 19First quarter 2025 earnings released: NT$0.72 loss per share (vs NT$0.70 profit in 1Q 2024)First quarter 2025 results: NT$0.72 loss per share (down from NT$0.70 profit in 1Q 2024). Revenue: NT$290.4m (down 27% from 1Q 2024). Net loss: NT$34.9m (down 214% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$45.75, the stock trades at a trailing P/E ratio of 73.4x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 106% over the past three years.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.69 (vs NT$1.59 loss in FY 2023)Full year 2024 results: EPS: NT$0.69 (up from NT$1.59 loss in FY 2023). Revenue: NT$1.70b (up 55% from FY 2023). Net income: NT$30.3m (up NT$99.5m from FY 2023). Profit margin: 1.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
공시 • Jan 21Easy Field Corporation, Annual General Meeting, May 16, 2025Easy Field Corporation, Annual General Meeting, May 16, 2025. Location: no,3-2, tzu ch`iang 4th rd., jhongli district, taoyuan city Taiwan
New Risk • Jan 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.27b (US$99.4m) 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 Risks Interest payments are not well covered by earnings (2.4x net interest cover). Share price has been highly volatile over the past 3 months (8.7% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.27b market cap, or US$99.4m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: NT$0.42 loss per share (vs NT$0.22 loss in 3Q 2023)Third quarter 2024 results: NT$0.42 loss per share (further deteriorated from NT$0.22 loss in 3Q 2023). Revenue: NT$361.9m (up 51% from 3Q 2023). Net loss: NT$18.3m (loss widened 93% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.02 (vs NT$0.59 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.02 (up from NT$0.59 loss in 2Q 2023). Revenue: NT$478.1m (up 58% from 2Q 2023). Net income: NT$1.09m (up NT$26.8m from 2Q 2023). Profit margin: 0.2% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
New Risk • Jul 26New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 221% Dividend yield: 1.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.7x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 221% Earnings have declined by 1.9% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.59b market cap, or US$78.8m).
Upcoming Dividend • Jun 07Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 14 June 2024. Payment date: 10 July 2024. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (2.5%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.70 (vs NT$1.11 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.70 (up from NT$1.11 loss in 1Q 2023). Revenue: NT$396.5m (up 135% from 1Q 2023). Net income: NT$30.5m (up NT$78.8m from 1Q 2023). Profit margin: 7.7% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 50% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 18Full year 2023 earnings released: NT$1.59 loss per share (vs NT$1.12 profit in FY 2022)Full year 2023 results: NT$1.59 loss per share (down from NT$1.12 profit in FY 2022). Revenue: NT$1.09b (down 32% from FY 2022). Net loss: NT$69.2m (down 241% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
공시 • Feb 17Easy Field Corporation, Annual General Meeting, May 16, 2024Easy Field Corporation, Annual General Meeting, May 16, 2024.
New Risk • Jan 15New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (7.8% operating cash flow to total debt). Earnings have declined by 26% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$1.31b market cap, or US$42.0m).
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.59 loss per share (vs NT$0.49 loss in 2Q 2022)Second quarter 2023 results: NT$0.59 loss per share (further deteriorated from NT$0.49 loss in 2Q 2022). Revenue: NT$301.8m (down 28% from 2Q 2022). Net loss: NT$25.7m (loss widened 20% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 14Upcoming dividend of NT$1.00 per share at 3.0% yieldEligible shareholders must have bought the stock before 21 June 2023. Payment date: 19 July 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.1%).
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$1.12 (vs NT$2.52 loss in FY 2021)Full year 2022 results: EPS: NT$1.12 (up from NT$2.52 loss in FY 2021). Revenue: NT$1.60b (down 11% from FY 2021). Net income: NT$49.0m (up NT$158.9m from FY 2021). Profit margin: 3.1% (up from net loss in FY 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.05 (vs NT$0.59 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.05 (up from NT$0.59 loss in 3Q 2021). Revenue: NT$390.9m (down 8.4% from 3Q 2021). Net income: NT$2.27m (up NT$28.1m from 3Q 2021). Profit margin: 0.6% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Buying Opportunity • Nov 18Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.0%. The fair value is estimated to be NT$24.70, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Xiao Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Buying Opportunity • Nov 04Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.8%. The fair value is estimated to be NT$25.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.7% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.49 loss per share (vs NT$0.16 loss in 2Q 2021)Second quarter 2022 results: NT$0.49 loss per share (down from NT$0.16 loss in 2Q 2021). Revenue: NT$418.0m (down 8.3% from 2Q 2021). Net loss: NT$21.4m (loss widened 210% from 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 12% per year.
Upcoming Dividend • Jul 08Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.3%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (3.4%).
Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$0.63 (vs NT$1.83 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.63 (up from NT$1.83 loss in 1Q 2021). Revenue: NT$406.4m (down 2.2% from 1Q 2021). Net income: NT$27.3m (up NT$107.3m from 1Q 2021). Profit margin: 6.7% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 1 highly experienced director. 1 independent director (3 non-independent directors). Independent Director Xiao Yu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 01Full year 2021 earnings released: NT$2.52 loss per share (vs NT$1.00 loss in FY 2020)Full year 2021 results: NT$2.52 loss per share (down from NT$1.00 loss in FY 2020). Revenue: NT$1.80b (up 33% from FY 2020). Net loss: NT$109.9m (loss widened 161% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
공시 • Mar 06Easy Field Corporation, Annual General Meeting, May 18, 2022Easy Field Corporation, Annual General Meeting, May 18, 2022.
Reported Earnings • Nov 19Third quarter 2021 earnings released: NT$0.59 loss per share (vs NT$0.56 loss in 3Q 2020)The company reported a mediocre third quarter result with increased losses, although control over costs was stable and revenues improved. Third quarter 2021 results: Revenue: NT$426.9m (up 12% from 3Q 2020). Net loss: NT$25.8m (loss widened 12% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.16 loss per share (vs NT$0.37 profit in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$455.6m (up 41% from 2Q 2020). Net loss: NT$6.92m (down 145% from profit in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jun 04Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 08 July 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.6%).
Reported Earnings • May 18First quarter 2021 earnings released: NT$1.83 loss per share (vs NT$0.26 loss in 1Q 2020)The company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: NT$415.5m (up 55% from 1Q 2020). Net loss: NT$80.0m (loss widened NT$68.7m from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 30Something To Consider Before Buying Easy Field Corporation (GTSM:6425) For The 1.6% DividendToday we'll take a closer look at Easy Field Corporation ( GTSM:6425 ) from a dividend investor's perspective. Owning a...
Reported Earnings • Mar 17Full year 2020 earnings released: NT$1.00 loss per share (vs NT$3.33 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$1.35b (down 5.6% from FY 2019). Net loss: NT$42.2m (loss narrowed 70% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 85% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Mar 06New 90-day high: NT$35.00The company is up 14% from its price of NT$30.75 on 04 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 12% over the same period.
분석 기사 • Mar 02Does Easy Field's (GTSM:6425) Share Price Gain of 35% Match Its Business Performance?On average, over time, stock markets tend to rise higher. This makes investing attractive. But if you choose that path...
Is New 90 Day High Low • Jan 29New 90-day low: NT$26.80The company is down 37% from its price of NT$42.70 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 22% over the same period.
공시 • Jan 22Easy Field Corporation, Annual General Meeting, Apr 16, 2021Easy Field Corporation, Annual General Meeting, Apr 16, 2021.
분석 기사 • Jan 06Easy Field (GTSM:6425) Is Making Moderate Use Of DebtSome 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 02New 90-day low: NT$32.50The company is down 14% from its price of NT$37.70 on 03 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 6.0% over the same period.
Reported Earnings • Nov 15Third quarter 2020 earnings released: NT$0.56 loss per shareThe company reported a solid third quarter result with reduced losses and improved revenues and control over expenses. Third quarter 2020 results: Revenue: NT$381.6m (up 57% from 3Q 2019). Net loss: NT$23.0m (loss narrowed 61% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Sep 24New 90-day high: NT$51.90The company is up 114% from its price of NT$24.20 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period.
