View Financial HealthRuentex Engineering & Construction 배당 및 자사주 매입배당 기준 점검 4/6Ruentex Engineering & Construction 수익으로 충분히 충당되는 현재 수익률 5.91% 보유한 배당금 지급 회사입니다. 다음 지급일은 3rd July, 2026 이며 배당락일은 다음과 같습니다. 18th June, 2026.핵심 정보5.9%배당 수익률0%자사주 매입 수익률총 주주 수익률5.9%미래 배당 수익률n/a배당 성장률15.6%다음 배당 지급일03 Jul 26배당락일18 Jun 26주당 배당금n/a배당 성향85%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).공시 • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).모든 업데이트 보기Recent updatesDeclared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.77 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.77 in 1Q 2025). Revenue: NT$7.35b (up 20% from 1Q 2025). Net income: NT$739.8m (up 35% from 1Q 2025). Profit margin: 10% (up from 8.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$10.75 (vs NT$8.93 in FY 2024)Full year 2025 results: EPS: NT$10.75 (up from NT$8.93 in FY 2024). Revenue: NT$31.5b (up 21% from FY 2024). Net income: NT$3.34b (up 20% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 10Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026. Location: 3 floor no,260, sec.2 pa to rd., taipei city TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$3.08 (vs NT$2.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.08 (up from NT$2.31 in 3Q 2024). Revenue: NT$8.09b (up 18% from 3Q 2024). Net income: NT$957.4m (up 34% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.40 (vs NT$2.03 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.40 (up from NT$2.03 in 2Q 2024). Revenue: NT$7.79b (up 16% from 2Q 2024). Net income: NT$745.8m (up 18% from 2Q 2024). Profit margin: 9.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.12 (vs NT$1.53 in 1Q 2024)First quarter 2025 results: EPS: NT$2.12 (up from NT$1.53 in 1Q 2024). Revenue: NT$6.19b (up 16% from 1Q 2024). Net income: NT$549.4m (up 39% from 1Q 2024). Profit margin: 8.9% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.공시 • Apr 29Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2025 Results on May 14, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$148, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 94% over the past three years.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$10.71 (vs NT$7.35 in FY 2023)Full year 2024 results: EPS: NT$10.71 (up from NT$7.35 in FY 2023). Revenue: NT$26.2b (up 18% from FY 2023). Net income: NT$2.77b (up 46% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Feb 21Under The Bonnet, Ruentex Engineering & Construction's (TWSE:2597) Returns Look ImpressiveFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...공시 • Feb 08Ruentex Engineering & Construction Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025공시 • Jan 22Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan분석 기사 • Nov 21The Strong Earnings Posted By Ruentex Engineering & Construction (TWSE:2597) Are A Good Indication Of The Strength Of The BusinessEven though Ruentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) recent earnings release was robust, the market...Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.77 (vs NT$2.34 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.77 (up from NT$2.34 in 3Q 2023). Revenue: NT$6.88b (up 20% from 3Q 2023). Net income: NT$717.3m (up 18% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). 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 18% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 26Ruentex Engineering & Construction Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.3% to NT$138. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Oct 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$139. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.분석 기사 • Sep 30Why We Like The Returns At Ruentex Engineering & Construction (TWSE:2597)What are the early trends we should look for to identify a stock that could multiply in value over the long term...Buy Or Sell Opportunity • Sep 24Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to NT$140. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.Buy Or Sell Opportunity • Sep 09Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to NT$140. The fair value is estimated to be NT$177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.분석 기사 • Aug 18A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TWSE:2597)Key Insights The projected fair value for Ruentex Engineering & Construction is NT$175 based on 2 Stage Free Cash Flow...Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.44 (vs NT$1.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.44 (up from NT$1.41 in 2Q 2023). Revenue: NT$6.78b (up 22% from 2Q 2023). Net income: NT$630.8m (up 73% from 2Q 2023). Profit margin: 9.3% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$228, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 19x in the Construction industry in Taiwan. Total returns to shareholders of 165% over the past three years.공시 • Jul 25Ruentex Engineering & Construction Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$175, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 143% over the past three years.분석 기사 • Jun 21Insufficient Growth At Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Hampers Share PriceRuentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) price-to-earnings (or "P/E") ratio of 16.2x might make it...Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.14 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$2.14 (up from NT$1.26 in 1Q 2023). Revenue: NT$5.36b (up 12% from 1Q 2023). Net income: NT$395.9m (up 70% from 1Q 2023). Profit margin: 7.4% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.공시 • Apr 28Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024분석 기사 • Apr 17Returns At Ruentex Engineering & Construction (TWSE:2597) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$10.28 (vs NT$11.14 in FY 2022)Full year 2023 results: EPS: NT$10.28 (down from NT$11.14 in FY 2022). Revenue: NT$22.5b (down 8.0% from FY 2022). Net income: NT$1.90b (down 7.7% from FY 2022). Profit margin: 8.5% (up from 8.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 14The Market Lifts Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Shares 28% But It Can Do MoreThe Ruentex Engineering & Construction Co., Ltd. ( TWSE:2597 ) share price has done very well over the last month...Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$147, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 193% over the past three years.공시 • Feb 03Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024. Location: 3F.,No.260, Sec.2, Bade Rd., Zhongshan Dist Taipei Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' remuneration; and to consider Other Reported matters.Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$5.60b (down 9.3% from 2Q 2022). Net income: NT$363.9m (down 24% from 2Q 2022). Profit margin: 6.5% (down from 7.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 32% per year.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 187% over the past three years.Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$11.14 (vs NT$9.96 in FY 2021)Full year 2022 results: EPS: NT$11.14 (up from NT$9.96 in FY 2021). Revenue: NT$24.6b (up 16% from FY 2021). Net income: NT$2.06b (up 12% from FY 2021). Profit margin: 8.4% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 43%.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. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$3.97 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.97 (up from NT$2.54 in 3Q 2021). Revenue: NT$6.28b (up 25% from 3Q 2021). Net income: NT$733.9m (up 56% from 3Q 2021). Profit margin: 12% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.59 (vs NT$2.35 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.59 (up from NT$2.35 in 2Q 2021). Revenue: NT$6.20b (up 14% from 2Q 2021). Net income: NT$479.4m (up 10% from 2Q 2021). Profit margin: 7.7% (down from 8.0% 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 44% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$2.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (down from NT$2.00 in 1Q 2021). Revenue: NT$5.13b (up 12% from 1Q 2021). Net income: NT$294.9m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 8.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 40% per year.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. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.96 (up from NT$5.46 in FY 2020). Revenue: NT$21.3b (up 50% from FY 2020). Net income: NT$1.84b (up 82% from FY 2020). Profit margin: 8.6% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.공시 • Feb 12Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.54 (vs NT$1.72 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.09b (up 40% from 3Q 2020). Net income: NT$469.4m (up 47% from 3Q 2020). Profit margin: 9.2% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$129, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 481% over the past three years.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$3.22 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.52b (up 91% from 2Q 2020). Net income: NT$435.3m (up 319% from 2Q 2020). Profit margin: 7.9% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$146, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 369% over the past three years.Upcoming Dividend • Jul 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 30 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$173, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 459% over the past three years.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.74 (vs NT$0.63 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.63b (up 73% from 1Q 2020). Net income: NT$369.6m (up 337% from 1Q 2020). Profit margin: 8.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 310% over the past three years.분석 기사 • Mar 27Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.48 (vs NT$5.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$14.5b (up 27% from FY 2019). Net income: NT$1.01b (up 49% from FY 2019). Profit margin: 7.0% (up from 6.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year.분석 기사 • Mar 10Does Ruentex Engineering & Construction (TPE:2597) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 16x in the Construction industry in Taiwan. Total returns to shareholders over the past three years are 163%.분석 기사 • Feb 22We're Watching These Trends At Ruentex Engineering & Construction (TPE:2597)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...Is New 90 Day High Low • Feb 17New 90-day high: NT$70.30The company is up 12% from its price of NT$62.60 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 3.0% over the same period.공시 • Feb 06Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021.분석 기사 • Feb 04Ruentex Engineering & Construction Co., Ltd. (TPE:2597) Investors Should Think About This Before Buying It For Its DividendToday we'll take a closer look at Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) from a dividend investor's...분석 기사 • Jan 20A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TPE:2597)Does the January share price for Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) reflect what it's really...분석 기사 • Jan 04Ruentex Engineering & Construction (TPE:2597) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentOne simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...Is New 90 Day High Low • Jan 04New 90-day high: NT$66.00The company is up 10.0% from its price of NT$60.00 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 5.0% over the same period.분석 기사 • Dec 20Ruentex Engineering & Construction Co., Ltd.'s (TPE:2597) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Ruentex Engineering & Construction's (TPE:2597) stock up by 7.5% over the past three months. However, the company's...Is New 90 Day High Low • Dec 15New 90-day high: NT$64.40The company is up 7.0% from its price of NT$60.10 on 15 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 1.0% over the same period.분석 기사 • Dec 05Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.36The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$3.71b (up 26% from 3Q 2019). Net income: NT$318.6m (up 19% from 3Q 2019). Profit margin: 8.6% (down from 9.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.공시 • Nov 13Ruentex Engineering & Construction Co. Ltd to Undertake the Turnkey Project of the New Construction of the Company PlantPhison Electronics Corp. announced that on November 12, 2020 Ruentex Engineering & Construction Co. Ltd. is selected to undertake the turnkey project of The New Construction of the Company Plant with the Affiliated Loading/Unloading Parking Garage case located in Zhunan Guangyuan Science and Technology Park. In addition, the Company plans to use the compound chemical method to build a two-story underground and nine-story three-dimensional parking garage building with a reinforced concrete (RC) structure. The total floor area is about 9,400 square meters and the total construction price is approximately TWD 829 million (tax excluded) (including the architectural design, civil engineering, decoration, elevators, electricity, ventilation, water supply and drainage, weak electricity, fire protection, etc.). The Estimated Invested Capital and Its Source: The total cost of the new construction of the plant with the affiliated loading/unloading parking garage is approximately TWD 829,000,000 (tax excluded) and the company plans to support it by the equity fund. Payment Period: Place the order: 10% of the total contract price. After the start of construction is completed: 20% of the total contract price. The first project payment: 20% of the total project contract price (after grouting of the first floor of the structure is completed). The second project payment: 20% of the total project contract price (after the upper beam of the structure is completed). The third project payment: 15% of the total project contract price (after the fire protection project application is checked). The fourth project payment: 10% of the total project contract price (after obtaining the project license). Final payment: 5% of the total contract price of the project (guarantee after acceptance). The Estimated Duration: The Estimated Duration: After signing the contract, the estimated duration starts from February 5, 2021 to March 31, 2022; after obtaining the Usage License before March 31, 2022, the three-dimensional parking garage will be officially opened.Is New 90 Day High Low • Nov 11New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.60 on 13 August 2020. The Taiwanese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 7.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2597 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 2597 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Ruentex Engineering & Construction 배당 수익률 vs 시장2597의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2597)5.9%시장 하위 25% (TW)1.4%시장 상위 25% (TW)4.9%업계 평균 (Construction)3.3%분석가 예측 (2597) (최대 3년)n/a주목할만한 배당금: 2597 의 배당금( 5.91% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.44% )보다 높습니다.고배당: 2597 의 배당금( 5.91% )은 TW 시장( 4.95% )주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 85.1% )에서 2597 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 588.3% )이 높기 때문에 2597 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/29 04:17종가2026/06/29 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 소스Ruentex Engineering & Construction Co., Ltd.는 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 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).
공시 • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.
Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).
Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).
Declared Dividend • Jun 05Dividend of NT$9.67 announcedShareholders will receive a dividend of NT$9.67. Ex-date: 18th June 2026 Payment date: 3rd July 2026 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • May 09New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Dividend is not well covered by cash flows (dividend per share is over 5x cash flows per share).
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.77 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.77 in 1Q 2025). Revenue: NT$7.35b (up 20% from 1Q 2025). Net income: NT$739.8m (up 35% from 1Q 2025). Profit margin: 10% (up from 8.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year whereas the company’s share price has increased by 32% per year.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$10.75 (vs NT$8.93 in FY 2024)Full year 2025 results: EPS: NT$10.75 (up from NT$8.93 in FY 2024). Revenue: NT$31.5b (up 21% from FY 2024). Net income: NT$3.34b (up 20% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 10Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 11, 2026. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$3.08 (vs NT$2.31 in 3Q 2024)Third quarter 2025 results: EPS: NT$3.08 (up from NT$2.31 in 3Q 2024). Revenue: NT$8.09b (up 18% from 3Q 2024). Net income: NT$957.4m (up 34% from 3Q 2024). Profit margin: 12% (up from 11% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 38% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$2.40 (vs NT$2.03 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.40 (up from NT$2.03 in 2Q 2024). Revenue: NT$7.79b (up 16% from 2Q 2024). Net income: NT$745.8m (up 18% from 2Q 2024). Profit margin: 9.6% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 04Upcoming dividend of NT$7.70 per shareEligible shareholders must have bought the stock before 11 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 68% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.3%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.12 (vs NT$1.53 in 1Q 2024)First quarter 2025 results: EPS: NT$2.12 (up from NT$1.53 in 1Q 2024). Revenue: NT$6.19b (up 16% from 1Q 2024). Net income: NT$549.4m (up 39% from 1Q 2024). Profit margin: 8.9% (up from 7.4% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 14Ruentex Engineering & Construction Co., Ltd. Approves Cash Dividend for the Year 2024Ruentex Engineering & Construction Co., Ltd. in its 2025 regular shareholders meeting held on May 13, 2025, announced Cash dividends: TWD 7.7 per share.
공시 • Apr 29Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2025 Results on May 14, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2025 results on May 14, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$148, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 16x in the Construction industry in Taiwan. Total returns to shareholders of 94% over the past three years.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$10.71 (vs NT$7.35 in FY 2023)Full year 2024 results: EPS: NT$10.71 (up from NT$7.35 in FY 2023). Revenue: NT$26.2b (up 18% from FY 2023). Net income: NT$2.77b (up 46% from FY 2023). Profit margin: 11% (up from 8.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Feb 21Under The Bonnet, Ruentex Engineering & Construction's (TWSE:2597) Returns Look ImpressiveFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
공시 • Feb 08Ruentex Engineering & Construction Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Ruentex Engineering & Construction Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025
공시 • Jan 22Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 13, 2025. Location: 3 floor no,260, sec.2 pa to rd., taipei city Taiwan
분석 기사 • Nov 21The Strong Earnings Posted By Ruentex Engineering & Construction (TWSE:2597) Are A Good Indication Of The Strength Of The BusinessEven though Ruentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) recent earnings release was robust, the market...
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.77 (vs NT$2.34 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.77 (up from NT$2.34 in 3Q 2023). Revenue: NT$6.88b (up 20% from 3Q 2023). Net income: NT$717.3m (up 18% from 3Q 2023). Profit margin: 10% (in line with 3Q 2023). 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 18% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 26Ruentex Engineering & Construction Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Buy Or Sell Opportunity • Oct 24Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.3% to NT$138. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Oct 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.1% to NT$139. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
분석 기사 • Sep 30Why We Like The Returns At Ruentex Engineering & Construction (TWSE:2597)What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Buy Or Sell Opportunity • Sep 24Now 20% undervaluedOver the last 90 days, the stock has risen 7.6% to NT$140. The fair value is estimated to be NT$174, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
Buy Or Sell Opportunity • Sep 09Now 21% undervaluedOver the last 90 days, the stock has risen 5.7% to NT$140. The fair value is estimated to be NT$177, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.7% over the last 3 years. Earnings per share has grown by 6.8%.
분석 기사 • Aug 18A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TWSE:2597)Key Insights The projected fair value for Ruentex Engineering & Construction is NT$175 based on 2 Stage Free Cash Flow...
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$2.44 (vs NT$1.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$2.44 (up from NT$1.41 in 2Q 2023). Revenue: NT$6.78b (up 22% from 2Q 2023). Net income: NT$630.8m (up 73% from 2Q 2023). Profit margin: 9.3% (up from 6.5% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$228, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 19x in the Construction industry in Taiwan. Total returns to shareholders of 165% over the past three years.
공시 • Jul 25Ruentex Engineering & Construction Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
New Risk • Jul 01New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks High level of debt (45% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Jul 01Investor sentiment improves as stock rises 34%After last week's 34% share price gain to NT$175, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 143% over the past three years.
분석 기사 • Jun 21Insufficient Growth At Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Hampers Share PriceRuentex Engineering & Construction Co., Ltd.'s ( TWSE:2597 ) price-to-earnings (or "P/E") ratio of 16.2x might make it...
Declared Dividend • Jun 15Dividend reduced to NT$5.40Dividend of NT$5.40 is 46% lower than last year. Ex-date: 1st July 2024 Payment date: 16th July 2024 Dividend yield will be 2.8%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by both earnings (48% earnings payout ratio) and cash flows (39% cash payout ratio). The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 27% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$2.14 (vs NT$1.26 in 1Q 2023)First quarter 2024 results: EPS: NT$2.14 (up from NT$1.26 in 1Q 2023). Revenue: NT$5.36b (up 12% from 1Q 2023). Net income: NT$395.9m (up 70% from 1Q 2023). Profit margin: 7.4% (up from 4.9% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Apr 28Ruentex Engineering & Construction Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Ruentex Engineering & Construction Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024
분석 기사 • Apr 17Returns At Ruentex Engineering & Construction (TWSE:2597) Are On The Way UpWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$10.28 (vs NT$11.14 in FY 2022)Full year 2023 results: EPS: NT$10.28 (down from NT$11.14 in FY 2022). Revenue: NT$22.5b (down 8.0% from FY 2022). Net income: NT$1.90b (down 7.7% from FY 2022). Profit margin: 8.5% (up from 8.4% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 14The Market Lifts Ruentex Engineering & Construction Co., Ltd. (TWSE:2597) Shares 28% But It Can Do MoreThe Ruentex Engineering & Construction Co., Ltd. ( TWSE:2597 ) share price has done very well over the last month...
Valuation Update With 7 Day Price Move • Mar 11Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$147, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 193% over the past three years.
공시 • Feb 03Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 16, 2024. Location: 3F.,No.260, Sec.2, Bade Rd., Zhongshan Dist Taipei Taiwan Agenda: To consider 2023 business report; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to consider Report on 2023 employees' remuneration; and to consider Other Reported matters.
Reported Earnings • Aug 16Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$5.60b (down 9.3% from 2Q 2022). Net income: NT$363.9m (down 24% from 2Q 2022). Profit margin: 6.5% (down from 7.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year whereas the company’s share price has increased by 32% per year.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$101, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 187% over the past three years.
Upcoming Dividend • Jul 03Upcoming dividend of NT$10.00 per share at 8.5% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.6%).
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$11.14 (vs NT$9.96 in FY 2021)Full year 2022 results: EPS: NT$11.14 (up from NT$9.96 in FY 2021). Revenue: NT$24.6b (up 16% from FY 2021). Net income: NT$2.06b (up 12% from FY 2021). Profit margin: 8.4% (down from 8.7% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth.
Buying Opportunity • Nov 22Now 20% undervaluedOver the last 90 days, the stock is up 13%. The fair value is estimated to be NT$129, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 29% over the last 3 years. Earnings per share has grown by 43%.
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. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$3.97 (vs NT$2.54 in 3Q 2021)Third quarter 2022 results: EPS: NT$3.97 (up from NT$2.54 in 3Q 2021). Revenue: NT$6.28b (up 25% from 3Q 2021). Net income: NT$733.9m (up 56% from 3Q 2021). Profit margin: 12% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.59 (vs NT$2.35 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.59 (up from NT$2.35 in 2Q 2021). Revenue: NT$6.20b (up 14% from 2Q 2021). Net income: NT$479.4m (up 10% from 2Q 2021). Profit margin: 7.7% (down from 8.0% 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 44% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 05Upcoming dividend of NT$9.00 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 28 July 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 8.8%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%).
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$2.00 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (down from NT$2.00 in 1Q 2021). Revenue: NT$5.13b (up 12% from 1Q 2021). Net income: NT$294.9m (down 20% from 1Q 2021). Profit margin: 5.8% (down from 8.1% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year whereas the company’s share price has increased by 40% per year.
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. 2 experienced directors. 10 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Jian Yuan Lin was the last independent director to join the board, commencing their role in 2012. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 17Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.96 (up from NT$5.46 in FY 2020). Revenue: NT$21.3b (up 50% from FY 2020). Net income: NT$1.84b (up 82% from FY 2020). Profit margin: 8.6% (up from 7.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year whereas the company’s share price has increased by 46% per year.
공시 • Feb 12Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 27, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$2.54 (vs NT$1.72 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.09b (up 40% from 3Q 2020). Net income: NT$469.4m (up 47% from 3Q 2020). Profit margin: 9.2% (up from 8.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 02Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$129, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 481% over the past three years.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$3.22 (vs NT$0.77 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.52b (up 91% from 2Q 2020). Net income: NT$435.3m (up 319% from 2Q 2020). Profit margin: 7.9% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 26Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$146, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 369% over the past three years.
Upcoming Dividend • Jul 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 July 2021. Payment date: 30 July 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.8%).
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$173, the stock trades at a trailing P/E ratio of 18x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 459% over the past three years.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$2.74 (vs NT$0.63 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.63b (up 73% from 1Q 2020). Net income: NT$369.6m (up 337% from 1Q 2020). Profit margin: 8.0% (up from 3.2% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 54% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 42% share price gain to NT$125, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 15x in the Construction industry in Taiwan. Total returns to shareholders of 310% over the past three years.
분석 기사 • Mar 27Does Ruentex Engineering & Construction (TPE:2597) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$7.48 (vs NT$5.04 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$14.5b (up 27% from FY 2019). Net income: NT$1.01b (up 49% from FY 2019). Profit margin: 7.0% (up from 6.0% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year.
분석 기사 • Mar 10Does Ruentex Engineering & Construction (TPE:2597) Deserve A Spot On Your Watchlist?For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$80.00, the stock is trading at a trailing P/E ratio of 14.2x, up from the previous P/E ratio of 12.3x. This compares to an average P/E of 16x in the Construction industry in Taiwan. Total returns to shareholders over the past three years are 163%.
분석 기사 • Feb 22We're Watching These Trends At Ruentex Engineering & Construction (TPE:2597)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Typically...
Is New 90 Day High Low • Feb 17New 90-day high: NT$70.30The company is up 12% from its price of NT$62.60 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is down 3.0% over the same period.
공시 • Feb 06Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021Ruentex Engineering & Construction Co., Ltd., Annual General Meeting, May 28, 2021.
분석 기사 • Feb 04Ruentex Engineering & Construction Co., Ltd. (TPE:2597) Investors Should Think About This Before Buying It For Its DividendToday we'll take a closer look at Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) from a dividend investor's...
분석 기사 • Jan 20A Look At The Intrinsic Value Of Ruentex Engineering & Construction Co., Ltd. (TPE:2597)Does the January share price for Ruentex Engineering & Construction Co., Ltd. ( TPE:2597 ) reflect what it's really...
분석 기사 • Jan 04Ruentex Engineering & Construction (TPE:2597) Has Gifted Shareholders With A Fantastic 114% Total Return On Their InvestmentOne simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...
Is New 90 Day High Low • Jan 04New 90-day high: NT$66.00The company is up 10.0% from its price of NT$60.00 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 5.0% over the same period.
분석 기사 • Dec 20Ruentex Engineering & Construction Co., Ltd.'s (TPE:2597) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?Ruentex Engineering & Construction's (TPE:2597) stock up by 7.5% over the past three months. However, the company's...
Is New 90 Day High Low • Dec 15New 90-day high: NT$64.40The company is up 7.0% from its price of NT$60.10 on 15 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Construction industry, which is up 1.0% over the same period.
분석 기사 • Dec 05Ruentex Engineering & Construction (TPE:2597) Has A Pretty Healthy Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$2.36The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$3.71b (up 26% from 3Q 2019). Net income: NT$318.6m (up 19% from 3Q 2019). Profit margin: 8.6% (down from 9.0% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 17% per year.
공시 • Nov 13Ruentex Engineering & Construction Co. Ltd to Undertake the Turnkey Project of the New Construction of the Company PlantPhison Electronics Corp. announced that on November 12, 2020 Ruentex Engineering & Construction Co. Ltd. is selected to undertake the turnkey project of The New Construction of the Company Plant with the Affiliated Loading/Unloading Parking Garage case located in Zhunan Guangyuan Science and Technology Park. In addition, the Company plans to use the compound chemical method to build a two-story underground and nine-story three-dimensional parking garage building with a reinforced concrete (RC) structure. The total floor area is about 9,400 square meters and the total construction price is approximately TWD 829 million (tax excluded) (including the architectural design, civil engineering, decoration, elevators, electricity, ventilation, water supply and drainage, weak electricity, fire protection, etc.). The Estimated Invested Capital and Its Source: The total cost of the new construction of the plant with the affiliated loading/unloading parking garage is approximately TWD 829,000,000 (tax excluded) and the company plans to support it by the equity fund. Payment Period: Place the order: 10% of the total contract price. After the start of construction is completed: 20% of the total contract price. The first project payment: 20% of the total project contract price (after grouting of the first floor of the structure is completed). The second project payment: 20% of the total project contract price (after the upper beam of the structure is completed). The third project payment: 15% of the total project contract price (after the fire protection project application is checked). The fourth project payment: 10% of the total project contract price (after obtaining the project license). Final payment: 5% of the total contract price of the project (guarantee after acceptance). The Estimated Duration: The Estimated Duration: After signing the contract, the estimated duration starts from February 5, 2021 to March 31, 2022; after obtaining the Usage License before March 31, 2022, the three-dimensional parking garage will be officially opened.
Is New 90 Day High Low • Nov 11New 90-day high: NT$61.40The company is up 3.0% from its price of NT$59.60 on 13 August 2020. The Taiwanese market is also up 3.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Construction industry, which is up 7.0% over the same period.