Tung Ho Textile (1414) 주식 개요는 대만에서 천연 섬유와 폴리에스테르 면을 가공하고 방적하는 업체입니다. 자세히 보기1414 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적3/6재무 건전성5/6배당2/6강점지난 1년간 수익이 74.5% 증가했습니다.위험 분석지난 5년간 매년 수익이 28.8% 감소했습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기1414 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$16.75169.3% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2m1b2016201920222025202620282031Revenue NT$236.6mEarnings NT$30.8mAdvancedSet Fair ValueView all narrativesTung Ho Textile Co., Ltd. 경쟁사Nien Hsing TextileSymbol: TWSE:1451Market cap: NT$3.3bYi Jinn IndustrialSymbol: TWSE:1457Market cap: NT$3.4bFulin Plastic Industry (Cayman) HoldingSymbol: TWSE:1341Market cap: NT$3.3bLan Fa TextileSymbol: TWSE:1459Market cap: NT$3.7b가격 이력 및 성과Tung Ho Textile 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$16.7552주 최고가NT$21.9052주 최저가NT$13.85베타0.201개월 변동3.08%3개월 변동-15.62%1년 변동-20.45%3년 변동-14.83%5년 변동-12.10%IPO 이후 변동-73.19%최근 뉴스 및 업데이트Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$16.70, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total loss to shareholders of 5.2% over the past three years.New Risk • May 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 103% Dividend yield: 1.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$92.9m).Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.056 (vs NT$0.022 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.056 (up from NT$0.022 loss in 1Q 2025). Revenue: NT$113.5m (down 15% from 1Q 2025). Net income: NT$11.0m (up NT$16.1m from 1Q 2025). Profit margin: 9.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$99.8m).New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Declared Dividend • Mar 16Dividend of NT$0.20 announcedShareholders will receive a dividend of NT$0.20. Ex-date: 31st March 2026 Payment date: 24th April 2026 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 117% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.더 많은 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$16.70, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total loss to shareholders of 5.2% over the past three years.New Risk • May 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 103% Dividend yield: 1.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$92.9m).Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.056 (vs NT$0.022 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.056 (up from NT$0.022 loss in 1Q 2025). Revenue: NT$113.5m (down 15% from 1Q 2025). Net income: NT$11.0m (up NT$16.1m from 1Q 2025). Profit margin: 9.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$99.8m).New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Declared Dividend • Mar 16Dividend of NT$0.20 announcedShareholders will receive a dividend of NT$0.20. Ex-date: 31st March 2026 Payment date: 24th April 2026 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 117% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.공시 • Mar 12Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 15, 2026Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 15, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,5, sec.5 shen yih rd., sinyi district, taipei city TaiwanBuy Or Sell Opportunity • Feb 06Now 21% overvaluedOver the last 90 days, the stock has fallen 1.7% to NT$19.55. The fair value is estimated to be NT$16.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 42%.Board Change • Jan 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director A-Yu Lin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Dec 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.6%).Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.099 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.10. Revenue: NT$99.1m (down 19% from 3Q 2024). Net income: NT$21.8m (flat on 3Q 2024). Profit margin: 22% (up from 18% in 3Q 2024).New Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.5% net profit margin).공시 • Apr 25Tung Ho Textile Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Tung Ho Textile Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025New Risk • Apr 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.4% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$16.60, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Negligible returns to shareholders over past three years.Upcoming Dividend • Mar 31Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 07 April 2025. Payment date: 02 May 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (3.6%).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.15 in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.15 in FY 2023). Revenue: NT$523.9m (down 7.6% from FY 2023). Net income: NT$56.7m (up 73% from FY 2023). Profit margin: 11% (up from 5.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.분석 기사 • Mar 17Tung Ho Textile's (TWSE:1414) Shareholders Will Receive A Smaller Dividend Than Last YearTung Ho Textile Co., Ltd. ( TWSE:1414 ) is reducing its dividend to NT$0.23 on the 2nd of Maywhich is 8.0% less than...Declared Dividend • Mar 17Dividend reduced to NT$0.23Dividend of NT$0.23 is 8.0% lower than last year. Ex-date: 7th April 2025 Payment date: 2nd May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Mar 13Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 16, 2025Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 16, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,5, sec.5 shen yih rd., sinyi district, taipei city Taiwan공시 • Mar 04Tung Ho Textile Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Tung Ho Textile Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025분석 기사 • Nov 21We Think That There Are Some Issues For Tung Ho Textile (TWSE:1414) Beyond Its Promising EarningsTung Ho Textile Co., Ltd.'s ( TWSE:1414 ) healthy profit numbers didn't contain any surprises for investors. We think...Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.067 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.10 (up from NT$0.067 in 3Q 2023). Revenue: NT$122.4m (down 16% from 3Q 2023). Net income: NT$21.8m (up 48% from 3Q 2023). Profit margin: 18% (up from 10% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.공시 • Nov 05Tung Ho Textile Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Tung Ho Textile Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Buy Or Sell Opportunity • Aug 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$22.05. The fair value is estimated to be NT$18.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 42%.Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.077 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.08. Revenue: NT$142.8m (up 3.9% from 2Q 2023). Net income: NT$16.7m (down 1.5% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023).공시 • Aug 02Tung Ho Textile Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Tung Ho Textile Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024공시 • Jun 19+ 1 more updateTung Ho Textile Co., Ltd. Appoints LIN,A-YU as Member of Audit CommitteeTung Ho Textile Co., Ltd. announced the New Audit Committee Member. Name of the new position holder: LIN,A-YU; Resume of the new position holder: RSM Taiwan Partnership Accountant. Reason for the change: By-election of an independent director. Effective date of the new member: June 18, 2024.분석 기사 • Jun 07Is Tung Ho Textile (TWSE:1414) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.04 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.08 (up from NT$0.04 loss in 1Q 2023). Revenue: NT$140.1m (flat on 1Q 2023). Net income: NT$18.1m (up NT$27.0m from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Apr 01Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (3.4%).분석 기사 • Mar 22Earnings Troubles May Signal Larger Issues for Tung Ho Textile (TWSE:1414) ShareholdersThe subdued market reaction suggests that Tung Ho Textile Co., Ltd.'s ( TWSE:1414 ) recent earnings didn't contain any...Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$0.15 (vs NT$0.47 in FY 2022)Full year 2023 results: EPS: NT$0.15 (down from NT$0.47 in FY 2022). Revenue: NT$566.7m (down 18% from FY 2022). Net income: NT$32.8m (down 69% from FY 2022). Profit margin: 5.8% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.공시 • Mar 15Tung Ho Textile Co., Ltd. Announces Cash Dividend, Payable on May 3, 2024Tung Ho Textile Co., Ltd. announced cash dividend of TWD 0.25 per share at the meeting held on March 14, 2024. Ex-rights (ex-dividend) trading date is April 8, 2024, Ex-rights (ex-dividend) record date is April 14, 2024 and Payment date of cash dividend distribution is May 3, 2024.공시 • Mar 09Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 18, 2024Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: 2F, No.5, Section 5, Xinyi Road, Xinyi District, (No.2 Conference Room,Exhibition Building,Taipei World Trade Center, Foreign Trade Association) Taipei City Taiwan Agenda: To consider 2023 Business report; to consider Report on Audit Committee's review of 2023 final statements; to consider Report on the 2023 balance of guarantee provided to and by external parties; to consider Report on the payment of employee compensation and director remuneration of 2023; to consider Report on cash dividends from 2023 profits; to consider 2023 Business report and financial statements; to consider 2023 Earnings distribution proposal; and to consider By-election of an independent director.분석 기사 • Mar 08Revenues Not Telling The Story For Tung Ho Textile Co., Ltd. (TWSE:1414)When close to half the companies in the Luxury industry in Taiwan have price-to-sales ratios (or "P/S") below 1.3x, you...공시 • Jan 26Tung Ho Textile Co., Ltd. Announces the Demise of Hwang, Jin-Fa, Independent DirectorTung Ho Textile Co., Ltd. announced the demise of Hwang, Jin-Fa, Independent Director.공시 • Jan 25Tung Ho Textile Co., Ltd. Announces the Demise of Hwang, Jin-Fa, Member of Audit Committee and Independent DirectorTung Ho Textile Co., Ltd. announced the demise of Hwang, Jin-Fa, Member of Audit Committee and Independent Director.New Risk • Sep 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.5% net profit margin).Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.08 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.08 (down from NT$0.21 in 2Q 2022). Revenue: NT$137.4m (down 32% from 2Q 2022). Net income: NT$17.0m (down 63% from 2Q 2022). Profit margin: 12% (down from 23% 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 6% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.공시 • Jun 13Tung Ho Textile Co., Ltd. Approves Distribution for 2022Tung Ho Textile Co., Ltd. approves 2022 earnings distribution proposal with cash dividend TWD 0.32 per share.Upcoming Dividend • Jun 07Upcoming dividend of NT$0.32 per share at 1.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 12 July 2023. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.6%).공시 • May 10Tung Ho Textile Co., Ltd. Announces Cash Dividend for the Year 2022, Payable on July 12, 2023Tung Ho Textile Co., Ltd. announced cash dividend of TWD 0.32 per share at shareholder meeting held on May 9, 2023. Ex-rights (ex-dividend) trading date is June 14, 2023, Ex-rights (ex-dividend) record date is June 20, 2023 and Payment date of cash dividend distribution is July 12, 2023.Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.47 (vs NT$0.65 in FY 2021)Full year 2022 results: EPS: NT$0.47 (down from NT$0.65 in FY 2021). Revenue: NT$688.9m (down 15% from FY 2021). Net income: NT$104.4m (down 27% from FY 2021). Profit margin: 15% (down from 18% 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 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.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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 15Second quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.14 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.21 (up from NT$0.14 in 2Q 2021). Revenue: NT$201.1m (up 1.9% from 2Q 2021). Net income: NT$45.7m (up 45% from 2Q 2021). Profit margin: 23% (up from 16% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 05Upcoming dividend of NT$0.54 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 05 August 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.0%).공시 • Jun 18Tung Ho Textile Co., Ltd. Announces Cash Dividend for the Year 2021Tung Ho Textile Co., Ltd. announced the cash dividend of TWD 0.538 per share for the year 2021, at the AGM held on June 17, 2022.Reported Earnings • May 04First quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.08 in 1Q 2021)First quarter 2022 results: EPS: NT$0.11 (up from NT$0.08 in 1Q 2021). Revenue: NT$185.5m (down 8.6% from 1Q 2021). Net income: NT$23.4m (up 33% from 1Q 2021). Profit margin: 13% (up from 8.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.65 (up from NT$0.27 in FY 2020). Revenue: NT$809.7m (up 15% from FY 2020). Net income: NT$142.5m (up 143% from FY 2020). Profit margin: 18% (up from 8.3% 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 70% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$198.1m (up 24% from 3Q 2020). Net income: NT$60.0m (up 23% from 3Q 2020). Profit margin: 30% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.14 (vs NT$0.087 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$197.4m (up 65% from 2Q 2020). Net income: NT$31.5m (up 65% from 2Q 2020). Profit margin: 16% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 12Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 12 August 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.3%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to NT$15.40, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 124% over the past three years.Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.098 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$202.9m (down 3.4% from 1Q 2020). Net income: NT$17.6m (up NT$39.2m from 1Q 2020). Profit margin: 8.7% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. 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 32% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$16.20, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 26x in the Luxury industry in Taiwan. Total returns to shareholders of 133% over the past three years.분석 기사 • Apr 14Health Check: How Prudently Does Tung Ho Textile (TPE:1414) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$15.20, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 23x in the Luxury industry in Taiwan. Total returns to shareholders of 118% over the past three years.Reported Earnings • Mar 19Full year 2020 earnings released: EPS NT$0.27 (vs NT$0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$702.5m (down 11% from FY 2019). Net income: NT$58.6m (up 61% from FY 2019). Profit margin: 8.3% (up from 4.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.분석 기사 • Mar 16Is Tung Ho Textile's (TPE:1414) Share Price Gain Of 127% Well Earned?Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really...분석 기사 • Feb 10Would Tung Ho Textile Co., Ltd. (TPE:1414) Be Valuable To Income Investors?Is Tung Ho Textile Co., Ltd. ( TPE:1414 ) a good dividend stock? How can we tell? Dividend paying companies with...분석 기사 • Jan 14Here's Why Tung Ho Textile (TPE:1414) Can Afford Some DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Dec 19We're Not So Sure You Should Rely on Tung Ho Textile's (TPE:1414) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...분석 기사 • Nov 23Tung Ho Textile (TPE:1414) Has Gifted Shareholders With A Fantastic 189% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.22The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$159.8m (down 16% from 3Q 2019). Net income: NT$48.9m (up NT$43.0m from 3Q 2019). Profit margin: 31% (up from 3.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 29New 90-day high: NT$11.30The company is up 71% from its price of NT$6.59 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period.Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 16% share price gain to NT$11.30, the stock is trading at a trailing P/E ratio of 47.2x, up from the previous P/E ratio of 40.5x. This compares to an average P/E of 20x in the Luxury industry in Taiwan. Total returns to shareholders over the past three years are 91%.Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to NT$9.85, the stock is trading at a trailing P/E ratio of 41.1x, up from the previous P/E ratio of 35.2x. This compares to an average P/E of 20x in the Luxury industry in Taiwan. Total returns to shareholders over the past three years are 69%.Is New 90 Day High Low • Oct 13New 90-day high: NT$9.85The company is up 40% from its price of NT$7.04 on 15 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.Is New 90 Day High Low • Sep 18New 90-day high: NT$8.88The company is up 17% from its price of NT$7.58 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 1.0% over the same period.주주 수익률1414TW LuxuryTW 시장7D5.0%4.6%-2.0%1Y-20.4%-11.4%99.7%전체 주주 수익률 보기수익률 대 산업: 1414은 지난 1년 동안 -11.4%의 수익을 기록한 TW Luxury 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 1414은 지난 1년 동안 99.7%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 1414's price volatile compared to industry and market?1414 volatility1414 Average Weekly Movement4.6%Luxury Industry Average Movement4.3%Market Average Movement6.3%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%안정적인 주가: 1414는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 1414의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1948n/aChia-Heng Changwww.tungho.com.tw는 대만에서 천연 섬유와 폴리에스테르 면화 가공 및 방적업을 하고 있습니다. 이 회사는 천연 섬유, 폴리에스테르, 리오셀, 비스코스, 아크릴/아크릴레이트 및 기타 섬유를 제공합니다. 또한 국민 주택의 건설, 임대 및 판매와 인조 섬유의 거래에도 관여하고 있습니다.더 보기Tung Ho Textile Co., Ltd. 기초 지표 요약Tung Ho Textile의 순이익과 매출은 시가총액과 어떻게 비교됩니까?1414 기초 통계시가총액NT$3.47b순이익 (TTM)NT$58.31m매출 (TTM)NT$448.19m56.9x주가수익비율(P/E)7.4x주가매출비율(P/S)1414는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표1414 손익계산서 (TTM)매출NT$448.19m매출원가NT$391.82m총이익NT$56.36m기타 비용-NT$1.95m순이익NT$58.31m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.29총이익률12.58%순이익률13.01%부채/자본 비율17.6%1414의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.2%현재 배당 수익률72%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 09:13종가2026/06/10 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 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.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 소스Tung Ho Textile 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.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$16.70, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total loss to shareholders of 5.2% over the past three years.
New Risk • May 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 103% Dividend yield: 1.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$92.9m).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.056 (vs NT$0.022 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.056 (up from NT$0.022 loss in 1Q 2025). Revenue: NT$113.5m (down 15% from 1Q 2025). Net income: NT$11.0m (up NT$16.1m from 1Q 2025). Profit margin: 9.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$99.8m).
New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Declared Dividend • Mar 16Dividend of NT$0.20 announcedShareholders will receive a dividend of NT$0.20. Ex-date: 31st March 2026 Payment date: 24th April 2026 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 117% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$16.70, the stock trades at a trailing P/E ratio of 56.7x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total loss to shareholders of 5.2% over the past three years.
New Risk • May 26New minor risk - Dividend sustainabilityThe dividend is not well covered by earnings. Payout ratio: 103% Dividend yield: 1.4% This is considered a minor risk. Companies that pay out too much of their earnings are at risk of having to reduce or cut their dividend in future. If earnings growth slows or earnings fall, then there may not be enough earnings to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. However, this risk is mitigated by the fact the dividend is covered by cash flows. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (103% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.92b market cap, or US$92.9m).
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.056 (vs NT$0.022 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.056 (up from NT$0.022 loss in 1Q 2025). Revenue: NT$113.5m (down 15% from 1Q 2025). Net income: NT$11.0m (up NT$16.1m from 1Q 2025). Profit margin: 9.7% (up from net loss in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 7% per year and the company’s share price has also fallen by 7% per year.
New Risk • May 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.15b market cap, or US$99.8m).
New Risk • Apr 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 26% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Declared Dividend • Mar 16Dividend of NT$0.20 announcedShareholders will receive a dividend of NT$0.20. Ex-date: 31st March 2026 Payment date: 24th April 2026 Dividend yield will be 6.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (195% earnings payout ratio). However, it is well covered by cash flows (27% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 117% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend.
공시 • Mar 12Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 15, 2026Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 15, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,5, sec.5 shen yih rd., sinyi district, taipei city Taiwan
Buy Or Sell Opportunity • Feb 06Now 21% overvaluedOver the last 90 days, the stock has fallen 1.7% to NT$19.55. The fair value is estimated to be NT$16.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 42%.
Board Change • Jan 12Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director A-Yu Lin was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Dec 24Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 15 January 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.6%).
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.10 (vs NT$0.099 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.10. Revenue: NT$99.1m (down 19% from 3Q 2024). Net income: NT$21.8m (flat on 3Q 2024). Profit margin: 22% (up from 18% in 3Q 2024).
New Risk • May 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.5% Last year net profit margin: 11% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.5% net profit margin).
공시 • Apr 25Tung Ho Textile Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Tung Ho Textile Co., Ltd. announced that they will report Q1, 2025 results on May 05, 2025
New Risk • Apr 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 30% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.4% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$16.60, the stock trades at a trailing P/E ratio of 64.4x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Negligible returns to shareholders over past three years.
Upcoming Dividend • Mar 31Upcoming dividend of NT$0.23 per shareEligible shareholders must have bought the stock before 07 April 2025. Payment date: 02 May 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (4.8%). Lower than average of industry peers (3.6%).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$0.26 (vs NT$0.15 in FY 2023)Full year 2024 results: EPS: NT$0.26 (up from NT$0.15 in FY 2023). Revenue: NT$523.9m (down 7.6% from FY 2023). Net income: NT$56.7m (up 73% from FY 2023). Profit margin: 11% (up from 5.8% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
분석 기사 • Mar 17Tung Ho Textile's (TWSE:1414) Shareholders Will Receive A Smaller Dividend Than Last YearTung Ho Textile Co., Ltd. ( TWSE:1414 ) is reducing its dividend to NT$0.23 on the 2nd of Maywhich is 8.0% less than...
Declared Dividend • Mar 17Dividend reduced to NT$0.23Dividend of NT$0.23 is 8.0% lower than last year. Ex-date: 7th April 2025 Payment date: 2nd May 2025 Dividend yield will be 1.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (82% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.3% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Mar 13Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 16, 2025Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 16, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,5, sec.5 shen yih rd., sinyi district, taipei city Taiwan
공시 • Mar 04Tung Ho Textile Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Tung Ho Textile Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025
분석 기사 • Nov 21We Think That There Are Some Issues For Tung Ho Textile (TWSE:1414) Beyond Its Promising EarningsTung Ho Textile Co., Ltd.'s ( TWSE:1414 ) healthy profit numbers didn't contain any surprises for investors. We think...
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.10 (vs NT$0.067 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.10 (up from NT$0.067 in 3Q 2023). Revenue: NT$122.4m (down 16% from 3Q 2023). Net income: NT$21.8m (up 48% from 3Q 2023). Profit margin: 18% (up from 10% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
공시 • Nov 05Tung Ho Textile Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Tung Ho Textile Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Buy Or Sell Opportunity • Aug 16Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 11% to NT$22.05. The fair value is estimated to be NT$18.20, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 42%.
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.077 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.08. Revenue: NT$142.8m (up 3.9% from 2Q 2023). Net income: NT$16.7m (down 1.5% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023).
공시 • Aug 02Tung Ho Textile Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Tung Ho Textile Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
공시 • Jun 19+ 1 more updateTung Ho Textile Co., Ltd. Appoints LIN,A-YU as Member of Audit CommitteeTung Ho Textile Co., Ltd. announced the New Audit Committee Member. Name of the new position holder: LIN,A-YU; Resume of the new position holder: RSM Taiwan Partnership Accountant. Reason for the change: By-election of an independent director. Effective date of the new member: June 18, 2024.
분석 기사 • Jun 07Is Tung Ho Textile (TWSE:1414) Weighed On By Its Debt Load?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.08 (vs NT$0.04 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.08 (up from NT$0.04 loss in 1Q 2023). Revenue: NT$140.1m (flat on 1Q 2023). Net income: NT$18.1m (up NT$27.0m from 1Q 2023). Profit margin: 13% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Apr 01Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 08 April 2024. Payment date: 03 May 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (3.4%).
분석 기사 • Mar 22Earnings Troubles May Signal Larger Issues for Tung Ho Textile (TWSE:1414) ShareholdersThe subdued market reaction suggests that Tung Ho Textile Co., Ltd.'s ( TWSE:1414 ) recent earnings didn't contain any...
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$0.15 (vs NT$0.47 in FY 2022)Full year 2023 results: EPS: NT$0.15 (down from NT$0.47 in FY 2022). Revenue: NT$566.7m (down 18% from FY 2022). Net income: NT$32.8m (down 69% from FY 2022). Profit margin: 5.8% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
공시 • Mar 15Tung Ho Textile Co., Ltd. Announces Cash Dividend, Payable on May 3, 2024Tung Ho Textile Co., Ltd. announced cash dividend of TWD 0.25 per share at the meeting held on March 14, 2024. Ex-rights (ex-dividend) trading date is April 8, 2024, Ex-rights (ex-dividend) record date is April 14, 2024 and Payment date of cash dividend distribution is May 3, 2024.
공시 • Mar 09Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 18, 2024Tung Ho Textile Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: 2F, No.5, Section 5, Xinyi Road, Xinyi District, (No.2 Conference Room,Exhibition Building,Taipei World Trade Center, Foreign Trade Association) Taipei City Taiwan Agenda: To consider 2023 Business report; to consider Report on Audit Committee's review of 2023 final statements; to consider Report on the 2023 balance of guarantee provided to and by external parties; to consider Report on the payment of employee compensation and director remuneration of 2023; to consider Report on cash dividends from 2023 profits; to consider 2023 Business report and financial statements; to consider 2023 Earnings distribution proposal; and to consider By-election of an independent director.
분석 기사 • Mar 08Revenues Not Telling The Story For Tung Ho Textile Co., Ltd. (TWSE:1414)When close to half the companies in the Luxury industry in Taiwan have price-to-sales ratios (or "P/S") below 1.3x, you...
공시 • Jan 26Tung Ho Textile Co., Ltd. Announces the Demise of Hwang, Jin-Fa, Independent DirectorTung Ho Textile Co., Ltd. announced the demise of Hwang, Jin-Fa, Independent Director.
공시 • Jan 25Tung Ho Textile Co., Ltd. Announces the Demise of Hwang, Jin-Fa, Member of Audit Committee and Independent DirectorTung Ho Textile Co., Ltd. announced the demise of Hwang, Jin-Fa, Member of Audit Committee and Independent Director.
New Risk • Sep 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.5% net profit margin).
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.08 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.08 (down from NT$0.21 in 2Q 2022). Revenue: NT$137.4m (down 32% from 2Q 2022). Net income: NT$17.0m (down 63% from 2Q 2022). Profit margin: 12% (down from 23% 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 6% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Jun 13Tung Ho Textile Co., Ltd. Approves Distribution for 2022Tung Ho Textile Co., Ltd. approves 2022 earnings distribution proposal with cash dividend TWD 0.32 per share.
Upcoming Dividend • Jun 07Upcoming dividend of NT$0.32 per share at 1.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 12 July 2023. Payout ratio is on the higher end at 99%, and the cash payout ratio is above 100%. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.6%).
공시 • May 10Tung Ho Textile Co., Ltd. Announces Cash Dividend for the Year 2022, Payable on July 12, 2023Tung Ho Textile Co., Ltd. announced cash dividend of TWD 0.32 per share at shareholder meeting held on May 9, 2023. Ex-rights (ex-dividend) trading date is June 14, 2023, Ex-rights (ex-dividend) record date is June 20, 2023 and Payment date of cash dividend distribution is July 12, 2023.
Reported Earnings • Mar 21Full year 2022 earnings released: EPS: NT$0.47 (vs NT$0.65 in FY 2021)Full year 2022 results: EPS: NT$0.47 (down from NT$0.65 in FY 2021). Revenue: NT$688.9m (down 15% from FY 2021). Net income: NT$104.4m (down 27% from FY 2021). Profit margin: 15% (down from 18% 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 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.
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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . 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 15Second quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.14 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.21 (up from NT$0.14 in 2Q 2021). Revenue: NT$201.1m (up 1.9% from 2Q 2021). Net income: NT$45.7m (up 45% from 2Q 2021). Profit margin: 23% (up from 16% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 05Upcoming dividend of NT$0.54 per shareEligible shareholders must have bought the stock before 12 July 2022. Payment date: 05 August 2022. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.0%).
공시 • Jun 18Tung Ho Textile Co., Ltd. Announces Cash Dividend for the Year 2021Tung Ho Textile Co., Ltd. announced the cash dividend of TWD 0.538 per share for the year 2021, at the AGM held on June 17, 2022.
Reported Earnings • May 04First quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.08 in 1Q 2021)First quarter 2022 results: EPS: NT$0.11 (up from NT$0.08 in 1Q 2021). Revenue: NT$185.5m (down 8.6% from 1Q 2021). Net income: NT$23.4m (up 33% from 1Q 2021). Profit margin: 13% (up from 8.7% in 1Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$0.65 (up from NT$0.27 in FY 2020). Revenue: NT$809.7m (up 15% from FY 2020). Net income: NT$142.5m (up 143% from FY 2020). Profit margin: 18% (up from 8.3% 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 70% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.22 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$198.1m (up 24% from 3Q 2020). Net income: NT$60.0m (up 23% from 3Q 2020). Profit margin: 30% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.14 (vs NT$0.087 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$197.4m (up 65% from 2Q 2020). Net income: NT$31.5m (up 65% from 2Q 2020). Profit margin: 16% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 12Upcoming dividend of NT$0.25 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 12 August 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (2.3%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 26% share price decline to NT$15.40, the stock trades at a trailing P/E ratio of 34.8x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Reported Earnings • Apr 28First quarter 2021 earnings released: EPS NT$0.08 (vs NT$0.098 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$202.9m (down 3.4% from 1Q 2020). Net income: NT$17.6m (up NT$39.2m from 1Q 2020). Profit margin: 8.7% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. 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 32% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$16.20, the stock trades at a trailing P/E ratio of 60.8x. Average trailing P/E is 26x in the Luxury industry in Taiwan. Total returns to shareholders of 133% over the past three years.
분석 기사 • Apr 14Health Check: How Prudently Does Tung Ho Textile (TPE:1414) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Mar 29Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$15.20, the stock trades at a trailing P/E ratio of 56.3x. Average trailing P/E is 23x in the Luxury industry in Taiwan. Total returns to shareholders of 118% over the past three years.
Reported Earnings • Mar 19Full year 2020 earnings released: EPS NT$0.27 (vs NT$0.17 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$702.5m (down 11% from FY 2019). Net income: NT$58.6m (up 61% from FY 2019). Profit margin: 8.3% (up from 4.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
분석 기사 • Mar 16Is Tung Ho Textile's (TPE:1414) Share Price Gain Of 127% Well Earned?Unfortunately, investing is risky - companies can and do go bankrupt. But when you pick a company that is really...
분석 기사 • Feb 10Would Tung Ho Textile Co., Ltd. (TPE:1414) Be Valuable To Income Investors?Is Tung Ho Textile Co., Ltd. ( TPE:1414 ) a good dividend stock? How can we tell? Dividend paying companies with...
분석 기사 • Jan 14Here's Why Tung Ho Textile (TPE:1414) Can Afford Some DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Dec 19We're Not So Sure You Should Rely on Tung Ho Textile's (TPE:1414) Statutory EarningsMany investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
분석 기사 • Nov 23Tung Ho Textile (TPE:1414) Has Gifted Shareholders With A Fantastic 189% Total Return On Their InvestmentThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.22The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$159.8m (down 16% from 3Q 2019). Net income: NT$48.9m (up NT$43.0m from 3Q 2019). Profit margin: 31% (up from 3.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 29New 90-day high: NT$11.30The company is up 71% from its price of NT$6.59 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period.
Valuation Update With 7 Day Price Move • Oct 29Market bids up stock over the past weekAfter last week's 16% share price gain to NT$11.30, the stock is trading at a trailing P/E ratio of 47.2x, up from the previous P/E ratio of 40.5x. This compares to an average P/E of 20x in the Luxury industry in Taiwan. Total returns to shareholders over the past three years are 91%.
Valuation Update With 7 Day Price Move • Oct 13Market bids up stock over the past weekAfter last week's 17% share price gain to NT$9.85, the stock is trading at a trailing P/E ratio of 41.1x, up from the previous P/E ratio of 35.2x. This compares to an average P/E of 20x in the Luxury industry in Taiwan. Total returns to shareholders over the past three years are 69%.
Is New 90 Day High Low • Oct 13New 90-day high: NT$9.85The company is up 40% from its price of NT$7.04 on 15 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Sep 18New 90-day high: NT$8.88The company is up 17% from its price of NT$7.58 on 19 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 1.0% over the same period.
