View Future GrowthJoy Industrial 과거 순이익 실적과거 기준 점검 4/6Joy Industrial의 수입은 연평균 -45.8%의 비율로 감소해 온 반면, Leisure 산업은 수입이 연평균 16.4% 감소했습니다. 매출은 연평균 6.8%의 비율로 감소해 왔습니다. Joy Industrial의 자기자본이익률은 3%이고 순이익률은 1%입니다.핵심 정보-45.84%순이익 성장률-46.55%주당순이익(EPS) 성장률Leisure 산업 성장률20.69%매출 성장률-6.76%자기자본이익률2.98%순이익률1.04%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트Reported Earnings • Apr 28Full year 2023 earnings released: NT$1.87 loss per share (vs NT$0.81 profit in FY 2022)Full year 2023 results: NT$1.87 loss per share (down from NT$0.81 profit in FY 2022). Revenue: NT$937.3m (down 36% from FY 2022). Net loss: NT$112.3m (down 332% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.81 (vs NT$1.55 in FY 2021)Full year 2022 results: EPS: NT$0.81 (down from NT$1.55 in FY 2021). Revenue: NT$1.47b (down 6.3% from FY 2021). Net income: NT$48.4m (down 45% from FY 2021). Profit margin: 3.3% (down from 5.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.26 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.30 (up from NT$0.26 in 2Q 2021). Revenue: NT$466.5m (up 34% from 2Q 2021). Net income: NT$17.7m (up 23% from 2Q 2021). Profit margin: 3.8% (down from 4.1% 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 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$0.67 (vs NT$0.19 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 1.0% from FY 2019). Net income: NT$37.8m (up NT$48.6m from FY 2019). Profit margin: 3.4% (up from net loss in FY 2019). 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 29% per year, which means it is tracking significantly ahead of earnings growth.모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$9.37, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 16x in the Leisure industry in Taiwan. Total loss to shareholders of 22% over the past three years.Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Chun-Jen Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Valuation Update With 7 Day Price Move • May 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$8.33, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 15x in the Leisure industry in Taiwan. Total loss to shareholders of 30% over the past three years.New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$483.0m market cap, or US$15.4m).New Risk • Jan 16New 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 8.9% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$510.0m market cap, or US$16.1m).공고 • Jan 14Joy Industrial Co., Ltd., Annual General Meeting, Jun 30, 2026Joy Industrial Co., Ltd., Annual General Meeting, Jun 30, 2026. Location: no,508, sec.4 ch`ang p`ing rd., hsi pao li, daya district, taichung city TaiwanNew Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$396.6m market cap, or US$13.1m).New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$465.6m market cap, or US$15.5m).New Risk • Aug 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$466.8m market cap, or US$15.6m).Board Change • Jul 21No independent directorsNo 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. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 32% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$591.6m market cap, or US$18.0m).공고 • Jan 15Joy Industrial Co., Ltd., Annual General Meeting, Jun 18, 2025Joy Industrial Co., Ltd., Annual General Meeting, Jun 18, 2025, at 09:30 Taipei Standard Time. Location: no,508, sec.4 ch`ang p`ing rd., hsi pao li, daya district, taichung city TaiwanReported Earnings • Apr 28Full year 2023 earnings released: NT$1.87 loss per share (vs NT$0.81 profit in FY 2022)Full year 2023 results: NT$1.87 loss per share (down from NT$0.81 profit in FY 2022). Revenue: NT$937.3m (down 36% from FY 2022). Net loss: NT$112.3m (down 332% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.공고 • Apr 11Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2024Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2024.New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$663.0m market cap, or US$21.0m).Board Change • Nov 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Sep 20Upcoming dividend of NT$0.40 per share at 3.7% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 25 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.9%).Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.81 (vs NT$1.55 in FY 2021)Full year 2022 results: EPS: NT$0.81 (down from NT$1.55 in FY 2021). Revenue: NT$1.47b (down 6.3% from FY 2021). Net income: NT$48.4m (down 45% from FY 2021). Profit margin: 3.3% (down from 5.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16No independent directorsNo 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. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Oct 11Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (4.7%).Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.26 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.30 (up from NT$0.26 in 2Q 2021). Revenue: NT$466.5m (up 34% from 2Q 2021). Net income: NT$17.7m (up 23% from 2Q 2021). Profit margin: 3.8% (down from 4.1% 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 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.95, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 14x in the Leisure industry in Taiwan. Total returns to shareholders of 106% over the past three years.Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$18.25, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Leisure industry in Taiwan. Total returns to shareholders of 156% over the past three years.Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.공고 • Apr 02Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2022Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2022.Upcoming Dividend • Sep 10Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 25 October 2021. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.70, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 18x in the Leisure industry in Taiwan. Total returns to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$16.50, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 25x in the Leisure industry in Taiwan. Total returns to shareholders of 96% over the past three years.Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$0.67 (vs NT$0.19 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 1.0% from FY 2019). Net income: NT$37.8m (up NT$48.6m from FY 2019). Profit margin: 3.4% (up from net loss in FY 2019). 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 29% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Apr 18Some Investors May Be Worried About Joy Industrial's (GTSM:4559) Returns On CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...Is New 90 Day High Low • Feb 26New 90-day high: NT$12.35The company is up 24% from its price of NT$9.95 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 6.0% over the same period.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$12.35, the stock is trading at a trailing P/E ratio of 40.9x, up from the previous P/E ratio of 32.5x. This compares to an average P/E of 24x in the Leisure industry in Taiwan. Total returns to shareholders over the past three years are 4.1%.공고 • Feb 21Joy Industrial Co., Ltd., Annual General Meeting, Jun 24, 2021Joy Industrial Co., Ltd., Annual General Meeting, Jun 24, 2021.Is New 90 Day High Low • Feb 01New 90-day low: NT$9.70The company is down 3.0% from its price of NT$10.00 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 1.0% over the same period.분석 기사 • Jan 04Based On Its ROE, Is Joy Industrial Co., Ltd. (GTSM:4559) A High Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Nov 29Is This A Sign of Things To Come At Joy Industrial (GTSM:4559)?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth...매출 및 비용 세부 내역Joy Industrial가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:4559 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Dec 251,008101703430 Sep 251,06251763430 Jun 251,11501823431 Mar 251,18411843631 Dec 241,25321863830 Sep 241,169-371813730 Jun 241,085-771753631 Mar 241,011-941763431 Dec 23937-1121773130 Sep 231,046-651893230 Jun 231,155-182013331 Mar 231,315152043431 Dec 221,474482073530 Sep 221,563642173830 Jun 221,652792274131 Mar 221,613832264331 Dec 211,574882244530 Sep 211,479752074230 Jun 211,385621904031 Mar 211,250501833631 Dec 201,115381753330 Sep 201,044271773430 Jun 20973171803531 Mar 201,03831993931 Dec 191,104-112184230 Sep 191,159-42194130 Jun 191,21542213931 Mar 191,251162123431 Dec 181,287282032930 Sep 181,337162092830 Jun 181,38842142731 Mar 181,46882202731 Dec 171,548122252630 Sep 171,565-22282730 Jun 171,582-162312831 Mar 171,615-272433031 Dec 161,647-392553130 Sep 161,708-292713130 Jun 161,768-192873131 Mar 161,846-72862931 Dec 151,92352862830 Sep 151,992928142양질의 수익: 4559는 고품질 수익을 보유하고 있습니다.이익 마진 증가: 4559의 현재 순 이익률 (1%)은 지난해 (0.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 4559의 수익은 지난 5년 동안 연평균 45.8% 감소했습니다.성장 가속화: 지난 1년간 4559 의 수익 증가율(391%)은 연간 평균(-45.8%)을 초과합니다.수익 대 산업: 4559의 지난 1년 수익 증가율(391%)은 Leisure 업계의 -30.3%를 상회했습니다.자기자본이익률높은 ROE: 4559의 자본 수익률(3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YConsumer-durables 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/04 13:51종가2026/08/04 00:00수익2025/12/31연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 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 소스Joy Industrial 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.
Reported Earnings • Apr 28Full year 2023 earnings released: NT$1.87 loss per share (vs NT$0.81 profit in FY 2022)Full year 2023 results: NT$1.87 loss per share (down from NT$0.81 profit in FY 2022). Revenue: NT$937.3m (down 36% from FY 2022). Net loss: NT$112.3m (down 332% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.81 (vs NT$1.55 in FY 2021)Full year 2022 results: EPS: NT$0.81 (down from NT$1.55 in FY 2021). Revenue: NT$1.47b (down 6.3% from FY 2021). Net income: NT$48.4m (down 45% from FY 2021). Profit margin: 3.3% (down from 5.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.26 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.30 (up from NT$0.26 in 2Q 2021). Revenue: NT$466.5m (up 34% from 2Q 2021). Net income: NT$17.7m (up 23% from 2Q 2021). Profit margin: 3.8% (down from 4.1% 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 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$0.67 (vs NT$0.19 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 1.0% from FY 2019). Net income: NT$37.8m (up NT$48.6m from FY 2019). Profit margin: 3.4% (up from net loss in FY 2019). 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 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jul 03Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$9.37, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 16x in the Leisure industry in Taiwan. Total loss to shareholders of 22% over the past three years.
Board Change • Jun 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. Independent Director Chun-Jen Huang was the last director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Valuation Update With 7 Day Price Move • May 26Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$8.33, the stock trades at a trailing P/E ratio of 47.7x. Average trailing P/E is 15x in the Leisure industry in Taiwan. Total loss to shareholders of 30% over the past three years.
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$483.0m market cap, or US$15.4m).
New Risk • Jan 16New 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 8.9% 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 Risks Interest payments are not well covered by earnings (1.0x net interest cover). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$510.0m market cap, or US$16.1m).
공고 • Jan 14Joy Industrial Co., Ltd., Annual General Meeting, Jun 30, 2026Joy Industrial Co., Ltd., Annual General Meeting, Jun 30, 2026. Location: no,508, sec.4 ch`ang p`ing rd., hsi pao li, daya district, taichung city Taiwan
New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$396.6m market cap, or US$13.1m).
New Risk • Aug 17New major risk - Revenue and earnings growthEarnings have declined by 46% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 46% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$465.6m market cap, or US$15.5m).
New Risk • Aug 09New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.9x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (NT$466.8m market cap, or US$15.6m).
Board Change • Jul 21No independent directorsNo 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. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 32% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$591.6m market cap, or US$18.0m).
공고 • Jan 15Joy Industrial Co., Ltd., Annual General Meeting, Jun 18, 2025Joy Industrial Co., Ltd., Annual General Meeting, Jun 18, 2025, at 09:30 Taipei Standard Time. Location: no,508, sec.4 ch`ang p`ing rd., hsi pao li, daya district, taichung city Taiwan
Reported Earnings • Apr 28Full year 2023 earnings released: NT$1.87 loss per share (vs NT$0.81 profit in FY 2022)Full year 2023 results: NT$1.87 loss per share (down from NT$0.81 profit in FY 2022). Revenue: NT$937.3m (down 36% from FY 2022). Net loss: NT$112.3m (down 332% from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance.
공고 • Apr 11Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2024Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2024.
New Risk • Feb 26New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (NT$663.0m market cap, or US$21.0m).
Board Change • Nov 09No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. No independent directors (5 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Sep 20Upcoming dividend of NT$0.40 per share at 3.7% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 25 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.9%).
Reported Earnings • Apr 22Full year 2022 earnings released: EPS: NT$0.81 (vs NT$1.55 in FY 2021)Full year 2022 results: EPS: NT$0.81 (down from NT$1.55 in FY 2021). Revenue: NT$1.47b (down 6.3% from FY 2021). Net income: NT$48.4m (down 45% from FY 2021). Profit margin: 3.3% (down from 5.6% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16No independent directorsNo 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. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Oct 11Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 October 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (7.0%). Lower than average of industry peers (4.7%).
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.26 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.30 (up from NT$0.26 in 2Q 2021). Revenue: NT$466.5m (up 34% from 2Q 2021). Net income: NT$17.7m (up 23% from 2Q 2021). Profit margin: 3.8% (down from 4.1% 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 84% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 27Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.95, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 14x in the Leisure industry in Taiwan. Total returns to shareholders of 106% over the past three years.
Valuation Update With 7 Day Price Move • Jul 05Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$18.25, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 13x in the Leisure industry in Taiwan. Total returns to shareholders of 156% over the past three years.
Board Change • Apr 27No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. No independent directors (6 non-independent directors). Director Rong He was the last director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
공고 • Apr 02Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2022Joy Industrial Co., Ltd., Annual General Meeting, Jun 28, 2022.
Upcoming Dividend • Sep 10Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 25 October 2021. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$13.70, the stock trades at a trailing P/E ratio of 20.4x. Average trailing P/E is 18x in the Leisure industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$16.50, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 25x in the Leisure industry in Taiwan. Total returns to shareholders of 96% over the past three years.
Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$0.67 (vs NT$0.19 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.11b (up 1.0% from FY 2019). Net income: NT$37.8m (up NT$48.6m from FY 2019). Profit margin: 3.4% (up from net loss in FY 2019). 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 29% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Apr 18Some Investors May Be Worried About Joy Industrial's (GTSM:4559) Returns On CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
Is New 90 Day High Low • Feb 26New 90-day high: NT$12.35The company is up 24% from its price of NT$9.95 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 6.0% over the same period.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improved over the past weekAfter last week's 26% share price gain to NT$12.35, the stock is trading at a trailing P/E ratio of 40.9x, up from the previous P/E ratio of 32.5x. This compares to an average P/E of 24x in the Leisure industry in Taiwan. Total returns to shareholders over the past three years are 4.1%.
공고 • Feb 21Joy Industrial Co., Ltd., Annual General Meeting, Jun 24, 2021Joy Industrial Co., Ltd., Annual General Meeting, Jun 24, 2021.
Is New 90 Day High Low • Feb 01New 90-day low: NT$9.70The company is down 3.0% from its price of NT$10.00 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is down 1.0% over the same period.
분석 기사 • Jan 04Based On Its ROE, Is Joy Industrial Co., Ltd. (GTSM:4559) A High Quality Stock?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Nov 29Is This A Sign of Things To Come At Joy Industrial (GTSM:4559)?Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth...