Formosa Taffeta (1434) 주식 개요는 대만 및 아시아 지역의 섬유 산업에서 사업을 운영하고 있습니다. 자세히 보기1434 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성5/6배당3/6위험 분석지난 5년간 매년 수익이 23.7% 감소했습니다.불안정한 배당 실적모든 위험 점검 보기1434 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW478,504 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA478,504 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$17.1077.0% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture042b2016201920222025202620282031Revenue NT$22.4bEarnings NT$845.5mAdvancedSet Fair ValueView all narrativesFormosa Taffeta Co., Ltd. 경쟁사Ruentex IndustriesSymbol: TWSE:2915Market cap: NT$54.7bShinkong TextileSymbol: TWSE:1419Market cap: NT$19.2bTaiwan PaihoSymbol: TWSE:9938Market cap: NT$12.6bEclat TextileSymbol: TWSE:1476Market cap: NT$100.0b가격 이력 및 성과Formosa Taffeta 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$17.2552주 최고가NT$21.0052주 최저가NT$14.40베타0.131개월 변동-2.54%3개월 변동8.83%1년 변동8.49%3년 변동-33.78%5년 변동-44.35%IPO 이후 변동-43.73%최근 뉴스 및 업데이트Declared Dividend • Jun 28Dividend reduced to NT$0.50Dividend of NT$0.50 is 38% lower than last year. Ex-date: 16th July 2026 Payment date: 20th August 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (69% 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 decline by 7.9% to shift the payout ratio to a potentially unsustainable range, which is less than the 15% EPS decline seen over the last 5 years.New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 5.2% 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 22% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Profit margins are more than 30% lower than last year (3.1% net profit margin).Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.20 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.20 (up from NT$0.11 in 1Q 2025). Revenue: NT$6.98b (down 9.2% from 1Q 2025). Net income: NT$336.6m (up 80% from 1Q 2025). Profit margin: 4.8% (up from 2.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.공고 • Mar 11Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,380, sec.6 nan ching e. rd., taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.51 (vs NT$0.89 in FY 2024)Full year 2025 results: EPS: NT$0.51 (down from NT$0.89 in FY 2024). Revenue: NT$27.5b (down 4.1% from FY 2024). Net income: NT$865.3m (down 42% from FY 2024). Profit margin: 3.1% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to NT$16.50. The fair value is estimated to be NT$13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.더 많은 업데이트 보기Recent updatesDeclared Dividend • Jun 28Dividend reduced to NT$0.50Dividend of NT$0.50 is 38% lower than last year. Ex-date: 16th July 2026 Payment date: 20th August 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (69% 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 decline by 7.9% to shift the payout ratio to a potentially unsustainable range, which is less than the 15% EPS decline seen over the last 5 years.New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 5.2% 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 22% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Profit margins are more than 30% lower than last year (3.1% net profit margin).Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.20 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.20 (up from NT$0.11 in 1Q 2025). Revenue: NT$6.98b (down 9.2% from 1Q 2025). Net income: NT$336.6m (up 80% from 1Q 2025). Profit margin: 4.8% (up from 2.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.공고 • Mar 11Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,380, sec.6 nan ching e. rd., taipei city TaiwanReported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.51 (vs NT$0.89 in FY 2024)Full year 2025 results: EPS: NT$0.51 (down from NT$0.89 in FY 2024). Revenue: NT$27.5b (down 4.1% from FY 2024). Net income: NT$865.3m (down 42% from FY 2024). Profit margin: 3.1% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to NT$16.50. The fair value is estimated to be NT$13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to NT$16.30. The fair value is estimated to be NT$13.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.Buy Or Sell Opportunity • Dec 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to NT$16.50. The fair value is estimated to be NT$13.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.Buy Or Sell Opportunity • Dec 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.1% to NT$16.40. The fair value is estimated to be NT$13.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 4.3% 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 23% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (110% payout ratio). Profit margins are more than 30% lower than last year (2.1% net profit margin).공고 • Sep 22Formosa Taffeta Co., Ltd.(TWSE:1434) dropped from FTSE All-World Index (USD)Formosa Taffeta Co., Ltd.(TWSE:1434) dropped from FTSE All-World Index (USD)Reported Earnings • Aug 14Second quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.14 profit in 2Q 2024)Second quarter 2025 results: NT$0.04 loss per share (down from NT$0.14 profit in 2Q 2024). Revenue: NT$7.25b (down 5.0% from 2Q 2024). Net loss: NT$34.4m (down 114% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 17Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 27 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.7%).Declared Dividend • Jun 22Dividend increased to NT$0.80Dividend of NT$0.80 is 60% higher than last year. Ex-date: 24th July 2025 Payment date: 27th August 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89.9% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 19% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.공고 • Jun 21Formosa Taffeta Co., Ltd. Announces Dividend Distribution, Payable on August 27, 2025Formosa Taffeta Co., Ltd. announced that monetary amount of common stock dividend distribution Cash dividends, TWD 0.8 per common share. Ex-rights (ex-dividend) trading date is July 24, 2025. Ex-rights (ex-dividend) record date is July 30, 2025. Payment date of common stock cash dividend distribution is August 27, 2025.Reported Earnings • May 13First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: NT$7.69b (up 7.2% from 1Q 2024). Net income: NT$187.1m (up 4.3% from 1Q 2024). Profit margin: 2.4% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses.공고 • May 01Formosa Taffeta Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Formosa Taffeta Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$15.05, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total loss to shareholders of 39% over the past three years.Buy Or Sell Opportunity • Apr 07Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$16.35. The fair value is estimated to be NT$21.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Earnings per share has declined by 46%.분석 기사 • Mar 14Formosa Taffeta's (TWSE:1434) Profits Appear To Have Quality IssuesThe recent earnings posted by Formosa Taffeta Co., Ltd. ( TWSE:1434 ) were solid, but the stock didn't move as much as...Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$0.92 (vs NT$0.26 in FY 2023)Full year 2024 results: EPS: NT$0.92 (up from NT$0.26 in FY 2023). Revenue: NT$28.7b (flat on FY 2023). Net income: NT$1.49b (up 235% from FY 2023). Profit margin: 5.2% (up from 1.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.공고 • Mar 10Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 20, 2025Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,380, sec.6 nan ching e. rd., taipei city Taiwan공고 • Mar 01Formosa Taffeta Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Formosa Taffeta Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Taipei Standard Time on Mar 07, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.03 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.03 in 3Q 2023). Revenue: NT$7.09b (flat on 3Q 2023). Net income: NT$962.5m (up NT$912.4m from 3Q 2023). Profit margin: 14% (up from 0.7% in 3Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.분석 기사 • Sep 28Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is UnlikelyIt's not a stretch to say that Formosa Taffeta Co., Ltd.'s ( TWSE:1434 ) price-to-sales (or "P/S") ratio of 1.2x right...분석 기사 • Sep 05Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...분석 기사 • Aug 15Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsFormosa Taffeta Co., Ltd.'s ( TWSE:1434 ) recent weak earnings report didn't cause a big stock movement. We think that...New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% 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 21% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (264% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.28 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.15 (down from NT$0.28 in 2Q 2023). Revenue: NT$7.62b (up 5.5% from 2Q 2023). Net income: NT$242.6m (down 48% from 2Q 2023). Profit margin: 3.2% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공고 • Jul 31Formosa Taffeta Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Formosa Taffeta Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024Upcoming Dividend • Jul 24Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits and is paying out 86% of its cash flow. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.1%).Declared Dividend • Jun 24Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 31st July 2024 Payment date: 30th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio). However, it is well covered by cash flows (29% 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 72% to bring the payout ratio under control. However, EPS has declined by 30% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 08First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: NT$7.17b (down 6.3% from 1Q 2023). Net income: NT$179.3m (up 120% from 1Q 2023). Profit margin: 2.5% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Luxury industry in Taiwan.공고 • May 01Formosa Taffeta Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Formosa Taffeta Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024공고 • Mar 22Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 21, 2024Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 21, 2024.Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$0.26 (vs NT$2.02 in FY 2022)Full year 2023 results: EPS: NT$0.26 (down from NT$2.02 in FY 2022). Revenue: NT$28.5b (down 18% from FY 2022). Net income: NT$444.6m (down 87% from FY 2022). Profit margin: 1.6% (down from 9.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.Reported Earnings • Nov 08Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: NT$7.14b (down 18% from 3Q 2022). Net income: NT$50.1m (down 92% from 3Q 2022). Profit margin: 0.7% (down from 6.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% 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 7.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.3% net profit margin).Reported Earnings • Aug 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$7.23b (down 22% from 2Q 2022). Net income: NT$466.1m (down 77% from 2Q 2022). Profit margin: 6.4% (down from 22% 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 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.4%).Reported Earnings • Mar 08Full year 2022 earnings released: EPS: NT$2.02 (vs NT$1.27 in FY 2021)Full year 2022 results: EPS: NT$2.02 (up from NT$1.27 in FY 2021). Revenue: NT$34.7b (up 5.9% from FY 2021). Net income: NT$3.40b (up 59% from FY 2021). Profit margin: 9.8% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.Board Change • Nov 16Less 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. 7 non-independent directors. Independent Director Sheng-Chung Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$0.40 (vs NT$0.40 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.40. Revenue: NT$8.75b (up 15% from 3Q 2021). Net income: NT$586.1m (down 12% from 3Q 2021). Profit margin: 6.7% (down from 8.8% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.33 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.33 in 2Q 2021). Revenue: NT$9.28b (up 7.8% from 2Q 2021). Net income: NT$2.03b (up 272% from 2Q 2021). Profit margin: 22% (up from 6.4% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.공고 • Jul 27Formosa Taffeta Co., Ltd. Appoints Li, Yi-Yung as Chief Information Security Officer, Effective August 1, 2022Formosa Taffeta Co., Ltd. announced the appointment of Chief Information Security Officer. Date of occurrence of the change is July 25, 2022. Name, title, and resume of the previous position holder: None. Name, title, and resume of the new position holder: Li, Yi-Yung (Deputy Department Manager of MIS Center of F.T.C). Type of the change: New replacement. Reason for the change: New replacement. Effective date is August 1, 2022.Upcoming Dividend • Jul 19Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio and cash payout ratio are on the higher end at 79% and 93% respectively. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.1%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.34 in 1Q 2021)First quarter 2022 results: EPS: NT$0.33 (down from NT$0.34 in 1Q 2021). Revenue: NT$8.91b (up 9.2% from 1Q 2021). Net income: NT$557.2m (down 2.9% from 1Q 2021). Profit margin: 6.3% (down from 7.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Board Change • Apr 27Less 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. 8 non-independent directors. Independent Director Sheng-Chung Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$1.27 (up from NT$1.25 in FY 2020). Revenue: NT$32.8b (up 14% from FY 2020). Net income: NT$2.14b (up 2.2% from FY 2020). Profit margin: 6.5% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 9.5%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.58b (up 15% from 3Q 2020). Net income: NT$664.7m (up 338% from 3Q 2020). Profit margin: 8.8% (up from 2.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.76 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$8.61b (up 34% from 2Q 2020). Net income: NT$547.5m (down 57% from 2Q 2020). Profit margin: 6.4% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 27Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 07 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.4%).Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.34 (vs NT$0.21 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$8.16b (down 5.0% from 1Q 2020). Net income: NT$573.9m (up 62% from 1Q 2020). Profit margin: 7.0% (up from 4.1% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공고 • Jan 08Formosa Taffeta Co., Ltd. Announces Yunlin County Government Orders the Suspension of the Related Process for Violating the Water Pollution Control ActFormosa Taffeta Co., Ltd. announced that Yunlin County Government ordered the suspension of the related process for violating the Water Pollution Control Act. The Company has currently abided by the request by the Environmental Protection Bureau, Yunlin County to stop wastewater from entering the storage facility of RO Recycling System. The facility will not be used until the improvements are completed and verified by the Environmental Protection Bureau, Yunlin County.분석 기사 • Dec 31Do Investors Have Good Reason To Be Wary Of Formosa Taffeta Co., Ltd.'s (TPE:1434) 8.1% Dividend Yield?Is Formosa Taffeta Co., Ltd. ( TPE:1434 ) a good dividend stock? How can we tell? Dividend paying companies with...분석 기사 • Dec 16Is Formosa Taffeta Co., Ltd. (TPE:1434) Popular Amongst Institutions?If you want to know who really controls Formosa Taffeta Co., Ltd. ( TPE:1434 ), then you'll have to look at the makeup...Is New 90 Day High Low • Dec 08New 90-day low: NT$30.60The company is down 1.0% from its price of NT$30.90 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period.분석 기사 • Nov 30Is Formosa Taffeta Co., Ltd.'s (TPE:1434) Stock On A Downtrend As A Result Of Its Poor Financials?Formosa Taffeta (TPE:1434) has had a rough week with its share price down 3.9%. Given that stock prices are usually...Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$0.09The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.60b (down 42% from 3Q 2019). Net income: NT$151.8m (down 75% from 3Q 2019). Profit margin: 2.3% (down from 5.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.주주 수익률1434TW LuxuryTW 시장7D0%0.7%3.1%1Y8.5%-16.5%82.1%전체 주주 수익률 보기수익률 대 산업: 1434은 지난 1년 동안 -16.5%의 수익을 기록한 TW Luxury 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 1434은 지난 1년 동안 82.1%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 1434's price volatile compared to industry and market?1434 volatility1434 Average Weekly Movement5.2%Luxury Industry Average Movement4.5%Market Average Movement6.5%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.7%안정적인 주가: 1434는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 1434의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트19736,947Ming-Chang Leewww.ftc.com.tw포모사 태피터는 대만과 아시아에서 섬유 산업을 운영하고 있습니다. 이 회사는 세 가지 부문으로 운영됩니다: 퍼스트 비즈니스 그룹, 코드 패브릭 사업부, 가솔린 사업부입니다. 이 회사는 화학 필라멘트로 만든 직물의 염색, 마감, 인쇄 및 백엔드 가공에 종사합니다.더 보기Formosa Taffeta Co., Ltd. 기초 지표 요약Formosa Taffeta의 순이익과 매출은 시가총액과 어떻게 비교됩니까?1434 기초 통계시가총액NT$29.02b순이익 (TTM)NT$1.01b매출 (TTM)NT$26.84b28.6x주가수익비율(P/E)1.1x주가매출비율(P/S)1434는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표1434 손익계산서 (TTM)매출NT$26.84b매출원가NT$23.84b총이익NT$3.00b기타 비용NT$1.98b순이익NT$1.01b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.60총이익률11.16%순이익률3.78%부채/자본 비율23.2%1434의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당2.9%현재 배당 수익률83%배당 성향1434는 안정적으로 배당을 지급합니까?1434 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 1434를 매수해야 하나요?Formosa Taffeta 배당 일정배당락일Jul 16 2026배당 지급일Aug 20 2026배당락일까지 남은 일수25 days배당 지급일까지 남은 일수10 days1434는 안정적으로 배당을 지급합니까?1434 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/08 17:56종가2026/08/07 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 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 소스Formosa Taffeta Co., Ltd.는 4명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chien-An LaiKGI Securities Co. Ltd.Corinne JianMacquarie ResearchLinghui ChiouMasterlink Securities Investment Advisory1명의 분석가 더 보기
Declared Dividend • Jun 28Dividend reduced to NT$0.50Dividend of NT$0.50 is 38% lower than last year. Ex-date: 16th July 2026 Payment date: 20th August 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (69% 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 decline by 7.9% to shift the payout ratio to a potentially unsustainable range, which is less than the 15% EPS decline seen over the last 5 years.
New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 5.2% 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 22% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Profit margins are more than 30% lower than last year (3.1% net profit margin).
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.20 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.20 (up from NT$0.11 in 1Q 2025). Revenue: NT$6.98b (down 9.2% from 1Q 2025). Net income: NT$336.6m (up 80% from 1Q 2025). Profit margin: 4.8% (up from 2.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.
공고 • Mar 11Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,380, sec.6 nan ching e. rd., taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.51 (vs NT$0.89 in FY 2024)Full year 2025 results: EPS: NT$0.51 (down from NT$0.89 in FY 2024). Revenue: NT$27.5b (down 4.1% from FY 2024). Net income: NT$865.3m (down 42% from FY 2024). Profit margin: 3.1% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to NT$16.50. The fair value is estimated to be NT$13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.
Declared Dividend • Jun 28Dividend reduced to NT$0.50Dividend of NT$0.50 is 38% lower than last year. Ex-date: 16th July 2026 Payment date: 20th August 2026 Dividend yield will be 3.0%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (83% earnings payout ratio) and cash flows (69% 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 decline by 7.9% to shift the payout ratio to a potentially unsustainable range, which is less than the 15% EPS decline seen over the last 5 years.
New Risk • May 29New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 5.2% 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 22% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (97% payout ratio). Profit margins are more than 30% lower than last year (3.1% net profit margin).
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.20 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.20 (up from NT$0.11 in 1Q 2025). Revenue: NT$6.98b (down 9.2% from 1Q 2025). Net income: NT$336.6m (up 80% from 1Q 2025). Profit margin: 4.8% (up from 2.4% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year whereas the company’s share price has fallen by 17% per year.
공고 • Mar 11Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,380, sec.6 nan ching e. rd., taipei city Taiwan
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.51 (vs NT$0.89 in FY 2024)Full year 2025 results: EPS: NT$0.51 (down from NT$0.89 in FY 2024). Revenue: NT$27.5b (down 4.1% from FY 2024). Net income: NT$865.3m (down 42% from FY 2024). Profit margin: 3.1% (down from 5.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Buy Or Sell Opportunity • Jan 23Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 7.5% to NT$16.50. The fair value is estimated to be NT$13.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.
Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 5.8% to NT$16.30. The fair value is estimated to be NT$13.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.
Buy Or Sell Opportunity • Dec 22Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to NT$16.50. The fair value is estimated to be NT$13.52, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.
Buy Or Sell Opportunity • Dec 02Now 22% overvalued after recent price riseOver the last 90 days, the stock has risen 6.1% to NT$16.40. The fair value is estimated to be NT$13.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 7.3% over the last 3 years. Earnings per share has declined by 49%.
New Risk • Nov 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 4.3% 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 23% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (110% payout ratio). Profit margins are more than 30% lower than last year (2.1% net profit margin).
공고 • Sep 22Formosa Taffeta Co., Ltd.(TWSE:1434) dropped from FTSE All-World Index (USD)Formosa Taffeta Co., Ltd.(TWSE:1434) dropped from FTSE All-World Index (USD)
Reported Earnings • Aug 14Second quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.14 profit in 2Q 2024)Second quarter 2025 results: NT$0.04 loss per share (down from NT$0.14 profit in 2Q 2024). Revenue: NT$7.25b (down 5.0% from 2Q 2024). Net loss: NT$34.4m (down 114% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 27 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.7%).
Declared Dividend • Jun 22Dividend increased to NT$0.80Dividend of NT$0.80 is 60% higher than last year. Ex-date: 24th July 2025 Payment date: 27th August 2025 Dividend yield will be 5.3%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by both earnings (89.9% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 19% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range.
공고 • Jun 21Formosa Taffeta Co., Ltd. Announces Dividend Distribution, Payable on August 27, 2025Formosa Taffeta Co., Ltd. announced that monetary amount of common stock dividend distribution Cash dividends, TWD 0.8 per common share. Ex-rights (ex-dividend) trading date is July 24, 2025. Ex-rights (ex-dividend) record date is July 30, 2025. Payment date of common stock cash dividend distribution is August 27, 2025.
Reported Earnings • May 13First quarter 2025 earnings releasedFirst quarter 2025 results: Revenue: NT$7.69b (up 7.2% from 1Q 2024). Net income: NT$187.1m (up 4.3% from 1Q 2024). Profit margin: 2.4% (down from 2.5% in 1Q 2024). The decrease in margin was driven by higher expenses.
공고 • May 01Formosa Taffeta Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Formosa Taffeta Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$15.05, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total loss to shareholders of 39% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 10% to NT$16.35. The fair value is estimated to be NT$21.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.8% over the last 3 years. Earnings per share has declined by 46%.
분석 기사 • Mar 14Formosa Taffeta's (TWSE:1434) Profits Appear To Have Quality IssuesThe recent earnings posted by Formosa Taffeta Co., Ltd. ( TWSE:1434 ) were solid, but the stock didn't move as much as...
Reported Earnings • Mar 13Full year 2024 earnings released: EPS: NT$0.92 (vs NT$0.26 in FY 2023)Full year 2024 results: EPS: NT$0.92 (up from NT$0.26 in FY 2023). Revenue: NT$28.7b (flat on FY 2023). Net income: NT$1.49b (up 235% from FY 2023). Profit margin: 5.2% (up from 1.6% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
공고 • Mar 10Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 20, 2025Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,380, sec.6 nan ching e. rd., taipei city Taiwan
공고 • Mar 01Formosa Taffeta Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Formosa Taffeta Co., Ltd. announced that they will report fiscal year 2024 results at 12:00 PM, Taipei Standard Time on Mar 07, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.57 (vs NT$0.03 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.57 (up from NT$0.03 in 3Q 2023). Revenue: NT$7.09b (flat on 3Q 2023). Net income: NT$962.5m (up NT$912.4m from 3Q 2023). Profit margin: 14% (up from 0.7% in 3Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
분석 기사 • Sep 28Getting In Cheap On Formosa Taffeta Co., Ltd. (TWSE:1434) Is UnlikelyIt's not a stretch to say that Formosa Taffeta Co., Ltd.'s ( TWSE:1434 ) price-to-sales (or "P/S") ratio of 1.2x right...
분석 기사 • Sep 05Formosa Taffeta (TWSE:1434) Is Experiencing Growth In Returns On CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
분석 기사 • Aug 15Formosa Taffeta's (TWSE:1434) Sluggish Earnings Might Be Just The Beginning Of Its ProblemsFormosa Taffeta Co., Ltd.'s ( TWSE:1434 ) recent weak earnings report didn't cause a big stock movement. We think that...
New Risk • Aug 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% 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 21% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (264% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.1% net profit margin).
Reported Earnings • Aug 08Second quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.28 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.15 (down from NT$0.28 in 2Q 2023). Revenue: NT$7.62b (up 5.5% from 2Q 2023). Net income: NT$242.6m (down 48% from 2Q 2023). Profit margin: 3.2% (down from 6.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공고 • Jul 31Formosa Taffeta Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Formosa Taffeta Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
Upcoming Dividend • Jul 24Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 31 July 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits and is paying out 86% of its cash flow. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). Lower than average of industry peers (3.1%).
Declared Dividend • Jun 24Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 31st July 2024 Payment date: 30th August 2024 Dividend yield will be 2.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (155% earnings payout ratio). However, it is well covered by cash flows (29% 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 72% to bring the payout ratio under control. However, EPS has declined by 30% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 08First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: NT$7.17b (down 6.3% from 1Q 2023). Net income: NT$179.3m (up 120% from 1Q 2023). Profit margin: 2.5% (up from 1.1% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 9.3% growth forecast for the Luxury industry in Taiwan.
공고 • May 01Formosa Taffeta Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Formosa Taffeta Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024
공고 • Mar 22Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 21, 2024Formosa Taffeta Co., Ltd., Annual General Meeting, Jun 21, 2024.
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$0.26 (vs NT$2.02 in FY 2022)Full year 2023 results: EPS: NT$0.26 (down from NT$2.02 in FY 2022). Revenue: NT$28.5b (down 18% from FY 2022). Net income: NT$444.6m (down 87% from FY 2022). Profit margin: 1.6% (down from 9.8% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 9.6% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.
Reported Earnings • Nov 08Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: NT$7.14b (down 18% from 3Q 2022). Net income: NT$50.1m (down 92% from 3Q 2022). Profit margin: 0.7% (down from 6.7% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Luxury industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Aug 07New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.3% 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 7.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.3% net profit margin).
Reported Earnings • Aug 06Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: NT$7.23b (down 22% from 2Q 2022). Net income: NT$466.1m (down 77% from 2Q 2022). Profit margin: 6.4% (down from 22% 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 5% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 5.4% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 18 August 2023. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.4%).
Reported Earnings • Mar 08Full year 2022 earnings released: EPS: NT$2.02 (vs NT$1.27 in FY 2021)Full year 2022 results: EPS: NT$2.02 (up from NT$1.27 in FY 2021). Revenue: NT$34.7b (up 5.9% from FY 2021). Net income: NT$3.40b (up 59% from FY 2021). Profit margin: 9.8% (up from 6.5% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
Board Change • Nov 16Less 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. 7 non-independent directors. Independent Director Sheng-Chung Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$0.40 (vs NT$0.40 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.40. Revenue: NT$8.75b (up 15% from 3Q 2021). Net income: NT$586.1m (down 12% from 3Q 2021). Profit margin: 6.7% (down from 8.8% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.33 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.33 in 2Q 2021). Revenue: NT$9.28b (up 7.8% from 2Q 2021). Net income: NT$2.03b (up 272% from 2Q 2021). Profit margin: 22% (up from 6.4% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 8% per year.
공고 • Jul 27Formosa Taffeta Co., Ltd. Appoints Li, Yi-Yung as Chief Information Security Officer, Effective August 1, 2022Formosa Taffeta Co., Ltd. announced the appointment of Chief Information Security Officer. Date of occurrence of the change is July 25, 2022. Name, title, and resume of the previous position holder: None. Name, title, and resume of the new position holder: Li, Yi-Yung (Deputy Department Manager of MIS Center of F.T.C). Type of the change: New replacement. Reason for the change: New replacement. Effective date is August 1, 2022.
Upcoming Dividend • Jul 19Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 26 July 2022. Payment date: 25 August 2022. Payout ratio and cash payout ratio are on the higher end at 79% and 93% respectively. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.1%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.34 in 1Q 2021)First quarter 2022 results: EPS: NT$0.33 (down from NT$0.34 in 1Q 2021). Revenue: NT$8.91b (up 9.2% from 1Q 2021). Net income: NT$557.2m (down 2.9% from 1Q 2021). Profit margin: 6.3% (down from 7.0% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Board Change • Apr 27Less 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. 8 non-independent directors. Independent Director Sheng-Chung Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 11Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$1.27 (up from NT$1.25 in FY 2020). Revenue: NT$32.8b (up 14% from FY 2020). Net income: NT$2.14b (up 2.2% from FY 2020). Profit margin: 6.5% (down from 7.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.0%. Over the next year, revenue is forecast to grow 9.5%, compared to a 15% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.40 (vs NT$0.09 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$7.58b (up 15% from 3Q 2020). Net income: NT$664.7m (up 338% from 3Q 2020). Profit margin: 8.8% (up from 2.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.76 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$8.61b (up 34% from 2Q 2020). Net income: NT$547.5m (down 57% from 2Q 2020). Profit margin: 6.4% (down from 20% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 27Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 03 August 2021. Payment date: 07 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.4%).
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.34 (vs NT$0.21 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$8.16b (down 5.0% from 1Q 2020). Net income: NT$573.9m (up 62% from 1Q 2020). Profit margin: 7.0% (up from 4.1% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공고 • Jan 08Formosa Taffeta Co., Ltd. Announces Yunlin County Government Orders the Suspension of the Related Process for Violating the Water Pollution Control ActFormosa Taffeta Co., Ltd. announced that Yunlin County Government ordered the suspension of the related process for violating the Water Pollution Control Act. The Company has currently abided by the request by the Environmental Protection Bureau, Yunlin County to stop wastewater from entering the storage facility of RO Recycling System. The facility will not be used until the improvements are completed and verified by the Environmental Protection Bureau, Yunlin County.
분석 기사 • Dec 31Do Investors Have Good Reason To Be Wary Of Formosa Taffeta Co., Ltd.'s (TPE:1434) 8.1% Dividend Yield?Is Formosa Taffeta Co., Ltd. ( TPE:1434 ) a good dividend stock? How can we tell? Dividend paying companies with...
분석 기사 • Dec 16Is Formosa Taffeta Co., Ltd. (TPE:1434) Popular Amongst Institutions?If you want to know who really controls Formosa Taffeta Co., Ltd. ( TPE:1434 ), then you'll have to look at the makeup...
Is New 90 Day High Low • Dec 08New 90-day low: NT$30.60The company is down 1.0% from its price of NT$30.90 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 4.0% over the same period.
분석 기사 • Nov 30Is Formosa Taffeta Co., Ltd.'s (TPE:1434) Stock On A Downtrend As A Result Of Its Poor Financials?Formosa Taffeta (TPE:1434) has had a rough week with its share price down 3.9%. Given that stock prices are usually...
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$0.09The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$6.60b (down 42% from 3Q 2019). Net income: NT$151.8m (down 75% from 3Q 2019). Profit margin: 2.3% (down from 5.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
