Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$757, the stock trades at a trailing P/E ratio of 28x. Average forward P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 373% over the past three years. Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$7.19 (vs NT$4.95 in 1Q 2025) First quarter 2026 results: EPS: NT$7.19 (up from NT$4.95 in 1Q 2025). Revenue: NT$6.98b (up 77% from 1Q 2025). Net income: NT$866.9m (up 45% from 1Q 2025). Profit margin: 12% (down from 15% in 1Q 2025). 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 but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$24.76 (vs NT$16.83 in FY 2024) Full year 2025 results: EPS: NT$24.76 (up from NT$16.83 in FY 2024). Revenue: NT$22.4b (up 47% from FY 2024). Net income: NT$2.99b (up 47% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Mar 05
Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2026 Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2026. Location: 20 floor no,266, sec.1 wen hua 2nd rd., linkou district, new taipei city Taiwan Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$555, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 476% over the past three years. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: NT$6.10 (vs NT$4.56 in 3Q 2024) Third quarter 2025 results: EPS: NT$6.10 (up from NT$4.56 in 3Q 2024). Revenue: NT$5.55b (up 47% from 3Q 2024). Net income: NT$735.4m (up 34% from 3Q 2024). Profit margin: 13% (down from 15% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Additional Independent Director Lin Peggy was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: NT$5.59 (vs NT$3.76 in 2Q 2024) Second quarter 2025 results: EPS: NT$5.59 (up from NT$3.76 in 2Q 2024). Revenue: NT$5.88b (up 71% from 2Q 2024). Net income: NT$673.6m (up 48% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 09
Dividend of NT$16.00 announced Shareholders will receive a dividend of NT$16.00. Ex-date: 23rd July 2025 Payment date: 27th August 2025 Dividend yield will be 3.4%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (74% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 36% per year over the past 6 years. However, payments have been volatile during that time. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$5.70 (vs NT$3.44 in 1Q 2024) First quarter 2025 results: EPS: NT$5.70 (up from NT$3.44 in 1Q 2024). Revenue: NT$3.95b (up 43% from 1Q 2024). Net income: NT$597.3m (up 65% from 1Q 2024). Profit margin: 15% (up from 13% 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 13% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Apr 25
Yankey Engineering Co., Ltd. to Report Q1, 2025 Results on May 05, 2025 Yankey Engineering Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025 Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: NT$19.36 (vs NT$16.85 in FY 2023) Full year 2024 results: EPS: NT$19.36 (up from NT$16.85 in FY 2023). Revenue: NT$15.2b (down 2.1% from FY 2023). Net income: NT$2.03b (up 15% from FY 2023). Profit margin: 13% (up from 11% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Feb 25
Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2025 Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2025. Location: 20 floor no,266, sec.1 wen hua 2nd rd., linkou district, new taipei city Taiwan 공고 • Feb 12
Yankey Engineering Co., Ltd. to Report Fiscal Year 2024 Results on Feb 24, 2025 Yankey Engineering Co., Ltd. announced that they will report fiscal year 2024 results on Feb 24, 2025 Buy Or Sell Opportunity • Dec 12
Now 21% undervalued Over the last 90 days, the stock has risen 17% to NT$382. The fair value is estimated to be NT$480, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$369, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 17x in the Construction industry in Taiwan. Total returns to shareholders of 159% over the past three years. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: NT$5.24 (vs NT$4.80 in 3Q 2023) Third quarter 2024 results: EPS: NT$5.24 (up from NT$4.80 in 3Q 2023). Revenue: NT$3.77b (down 10% from 3Q 2023). Net income: NT$549.4m (up 9.2% from 3Q 2023). Profit margin: 15% (up from 12% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 22% per year. 공고 • Oct 30
Yankey Engineering Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024 Yankey Engineering Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024 Buy Or Sell Opportunity • Oct 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.4% to NT$313. The fair value is estimated to be NT$394, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. Buy Or Sell Opportunity • Sep 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.7% to NT$315. The fair value is estimated to be NT$398, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 23%. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: NT$4.33 (vs NT$4.75 in 2Q 2023) Second quarter 2024 results: EPS: NT$4.33 (down from NT$4.75 in 2Q 2023). Revenue: NT$3.43b (down 25% from 2Q 2023). Net income: NT$454.0m (down 8.9% from 2Q 2023). Profit margin: 13% (up from 11% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Jul 20
Yankey Engineering Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024 Yankey Engineering Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024 Declared Dividend • Jul 06
Dividend of NT$16.00 announced Shareholders will receive a dividend of NT$16.00. Ex-date: 22nd July 2024 Payment date: 26th August 2024 Dividend yield will be 3.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is covered by both earnings (80% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 40% per year over the past 5 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. 공고 • Jul 02
Yankey Engineering Co., Ltd. Announces Chief Executive Officer Changes On July 1, 2024, Yankey Engineering Co., Ltd. announced Chief Executive Officer changes. Name, title, and resume of the previous position holder: Yu-Chung Lai/Chairman and CEO of Yankey Engineering Co., Ltd. Name, title, and resume of the new position holder: Shih-Yuan Liu/Chairman of Yankey Engineering Co., Ltd. Type of the change is position adjustment. Reason for the change: The Chairman to Serve Concurrently as Chief Executive Officer. Effective date: July 1, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$4.13 (vs NT$4.45 in 1Q 2023) First quarter 2024 results: EPS: NT$4.13 (down from NT$4.45 in 1Q 2023). Revenue: NT$2.75b (down 22% from 1Q 2023). Net income: NT$361.1m (down 7.2% from 1Q 2023). Profit margin: 13% (up from 11% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 13
Full year 2023 earnings released: EPS: NT$20.22 (vs NT$19.54 in FY 2022) Full year 2023 results: EPS: NT$20.22 (up from NT$19.54 in FY 2022). Revenue: NT$15.5b (up 11% from FY 2022). Net income: NT$1.77b (up 2.3% from FY 2022). Profit margin: 11% (down from 12% in FY 2022). The decrease in margin was driven by higher expenses. 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 60% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Feb 27
Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2024 Yankey Engineering Co., Ltd., Annual General Meeting, May 27, 2024. Location: Meeting room, 20F., No. 266, Sec. 1, Wenhua 2nd Rd Linkou Dist., New Taipei City Taipei Taiwan Agenda: To discuss The 2023 Business Report; to The 2023 Audit Committee's Report ; to Report of Distribution of Employee and Director Remuneration for 2023; to 2023 report of the calculation and recognition of manager and employee performance bonuses ; to 2023 distribution of cash dividends for earnings; to Proposal to revise certain articles of the Proceedings of Board Meetings ; and to consider other matters if any. 공고 • Jan 24
Yankey Engineering Co., Ltd. Announces Settlement of Litigation Parties to the legal matter: Plaintiff: Yu Hwei Technology Co., Ltd., Defendant: Yankey Engineering Co., Ltd. The company and Yu Hwei Technology Co., Ltd. signed the Kanto-E Kay Technology Pomegranate Plant New Mechanical and Electrical Project-Fire Hydrant & Sprinkler & Foam & Water Piping Project (hereinafter referred to as the disputed project), due to the disputed project disputes over project payment and other matters. Date of occurrence of the event: January 23, 2024. Handling procedure: According to the Mediation Record, company will transfer NTD4,200,000 to the designated account by February 6, 2024. Reported Earnings • Nov 11
Third quarter 2023 earnings released: EPS: NT$5.76 (vs NT$6.26 in 3Q 2022) Third quarter 2023 results: EPS: NT$5.76 (down from NT$6.26 in 3Q 2022). Revenue: NT$4.19b (up 11% from 3Q 2022). Net income: NT$503.2m (down 9.3% from 3Q 2022). Profit margin: 12% (down from 15% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 43% per year whereas the company’s share price has increased by 47% per year. Reported Earnings • Aug 30
Second quarter 2023 earnings released: EPS: NT$5.70 (vs NT$4.78 in 2Q 2022) Second quarter 2023 results: EPS: NT$5.70 (up from NT$4.78 in 2Q 2022). Revenue: NT$4.57b (up 27% from 2Q 2022). Net income: NT$498.5m (up 18% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 44% per year. Upcoming Dividend • Jul 10
Upcoming dividend of NT$19.25 per share at 5.2% yield Eligible shareholders must have bought the stock before 17 July 2023. Payment date: 21 August 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (5.4%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$377, the stock trades at a trailing P/E ratio of 14x. Average forward P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 263% over the past three years. 공고 • May 25
Yankey Engineering Co., Ltd. Approves the Election of Peggy Lin as Additional Independent Director Yankey Engineering Co., Ltd. approved the election of Peggy Lin as additional independent director, at its AGM held on May 24, 2023.Resume of the new position holder: Founding Partner of PCL Transasia Law Offices. Independent Director of TECO Corporation. Chairperson of LeadSun International Development Co., Ltd. Director of CPC Corporation. Director of Luo, Lih-Fen Holding. Supervisor of Phalanx Biotech. Director of Central Motion Picture Co. and Central Motion Picture Management Consulting Firm. Chairperson of asset management companies such as LeadSun Investment & Asset Management Limited and Zhitai Investment Corporation. Executive Director or Legal Representative of equity fund companies such as LeadSun WINION Limited, LeadSun KCIS Limited, LeadSun Holding Corp., LeadSin WINION Limited Partnership. Chairperson of green asset management companies such as Homenema Technology incorporation, LeadsunFox Greenergy Investment Co., Ltd., and Lizhi Investment Corporation. Effective date of the new appointment is May 24, 2023. Reason for the change: additional. Reported Earnings • May 17
First quarter 2023 earnings released: EPS: NT$5.81 (vs NT$4.68 in 1Q 2022) First quarter 2023 results: EPS: NT$5.81 (up from NT$4.68 in 1Q 2022). Revenue: NT$3.53b (up 31% from 1Q 2022). Net income: NT$389.3m (up 23% from 1Q 2022). Profit margin: 11% (in line with 1Q 2022). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Construction industry in Asia. Over the last 3 years on average, earnings per share has increased by 46% per year whereas the company’s share price has increased by 43% per year. 공고 • May 06
Yankey Engineering Co., Ltd. Announces the Appointment of Zong-Liang Lin as Chief Information Security Officer Yankey Engineering Co., Ltd. announced the appointment of Zong-Liang Lin as Chief Information Security Officer. Resume of the new position holder is Zong-Liang Lin/Head of General Management Division. Effective date is May 05, 2023. Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: NT$25.48 (vs NT$15.84 in FY 2021) Full year 2022 results: EPS: NT$25.48 (up from NT$15.84 in FY 2021). Revenue: NT$14.0b (up 31% from FY 2021). Net income: NT$1.73b (up 81% from FY 2021). Profit margin: 12% (up from 9.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$276, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 11x in the Construction industry in Taiwan. Total returns to shareholders of 217% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$8.17 (vs NT$3.74 in 3Q 2021) Third quarter 2022 results: EPS: NT$8.17 (up from NT$3.74 in 3Q 2021). Revenue: NT$3.79b (up 49% from 3Q 2021). Net income: NT$554.7m (up 146% from 3Q 2021). Profit margin: 15% (up from 8.9% 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 39% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chih-Wei Tsai 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 • Aug 13
Second quarter 2022 earnings released: EPS: NT$6.23 (vs NT$5.08 in 2Q 2021) Second quarter 2022 results: EPS: NT$6.23 (up from NT$5.08 in 2Q 2021). Revenue: NT$3.59b (up 15% from 2Q 2021). Net income: NT$423.4m (up 38% from 2Q 2021). Profit margin: 12% (up from 9.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 05
Upcoming dividend of NT$14.00 per share Eligible shareholders must have bought the stock before 12 July 2022. Payment date: 11 August 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 8.4%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (6.5%). Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$4.68 (vs NT$2.26 in 1Q 2021) First quarter 2022 results: EPS: NT$4.68 (up from NT$2.26 in 1Q 2021). Revenue: NT$2.71b (up 33% from 1Q 2021). Net income: NT$317.5m (up 133% from 1Q 2021). Profit margin: 12% (up from 6.7% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: NT$15.83 (vs NT$7.74 in FY 2020) Full year 2021 results: EPS: NT$15.83 (up from NT$7.74 in FY 2020). Revenue: NT$10.7b (up 99% from FY 2020). Net income: NT$956.8m (up 105% from FY 2020). Profit margin: 9.0% (up from 8.7% in FY 2020). 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 33% per year, which means it is tracking significantly ahead of earnings growth. 공고 • Mar 06
Yankey Engineering Co., Ltd., Annual General Meeting, May 26, 2022 Yankey Engineering Co., Ltd., Annual General Meeting, May 26, 2022. 공고 • Jan 04
Yankey Engineering Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 386.46 million. Yankey Engineering Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 386.46 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 1,458,000
Price\Range: TWD 180
Security Name: Units
Security Type: Common Stock
Securities Offered: 689,000
Price\Range: TWD 180 Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$3.73 (vs NT$2.06 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.54b (up 73% from 3Q 2020). Net income: NT$225.4m (up 82% from 3Q 2020). Profit margin: 8.9% (up from 8.4% 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 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improved over the past week After last week's 17% share price gain to NT$260, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 304% over the past three years. Valuation Update With 7 Day Price Move • Jul 31
Investor sentiment improved over the past week After last week's 18% share price gain to NT$280, the stock trades at a trailing P/E ratio of 36.2x. Average trailing P/E is 12x in the Construction industry in Taiwan. Total returns to shareholders of 157% over the past year. Upcoming Dividend • Jul 19
Upcoming dividend of NT$6.30 per share Eligible shareholders must have bought the stock before 26 July 2021. Payment date: 19 August 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (4.8%). Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improved over the past week After last week's 16% share price gain to NT$281, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 13x in the Construction industry in Taiwan. Total returns to shareholders of 71% over the past year. Reported Earnings • Apr 29
Full year 2020 earnings released: EPS NT$11.37 (vs NT$12.92 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$5.35b (up 3.5% from FY 2019). Net income: NT$467.0m (down 12% from FY 2019). Profit margin: 8.7% (down from 10% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 20
New 90-day high: NT$181 The company is up 5.0% from its price of NT$173 on 20 November 2020. The Taiwanese market is up 18% 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. Is New 90 Day High Low • Nov 06
New 90-day high: NT$171 The company is up 4.0% from its price of NT$165 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Construction industry, which is up 7.0% over the same period.