Nien Hsing Textile (1451) 주식 개요는 대만 및 해외에서 데님 원단, 데님 의류 및 원사를 제조 및 판매하는 회사입니다. 자세히 보기1451 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적1/6재무 건전성6/6배당2/6강점주가수익률(18.7x)이 TW 시장(22.9x)보다 낮습니다.위험 분석6.04%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.이익 마진 (2.7%)이 지난해 (7.9%)보다 낮습니다.재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기1451 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$16.5596.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-313m13b2016201920222025202620282031Revenue NT$4.6bEarnings NT$125.2mAdvancedSet Fair ValueView all narrativesNien Hsing Textile Co., Ltd. 경쟁사Yi Jinn IndustrialSymbol: TWSE:1457Market cap: NT$3.3bTung Ho TextileSymbol: TWSE:1414Market cap: NT$2.9bFulin Plastic Industry (Cayman) HoldingSymbol: TWSE:1341Market cap: NT$3.2bLan Fa TextileSymbol: TWSE:1459Market cap: NT$3.7b가격 이력 및 성과Nien Hsing Textile 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$16.5552주 최고가NT$19.9552주 최저가NT$16.30베타-0.0151개월 변동-2.36%3개월 변동-10.05%1년 변동-17.25%3년 변동-22.84%5년 변동-22.48%IPO 이후 변동-81.03%최근 뉴스 및 업데이트New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.47 (vs NT$1.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.47 (down from NT$1.34 in 1Q 2025). Revenue: NT$1.53b (up 13% from 1Q 2025). Net income: NT$92.3m (down 65% from 1Q 2025). Profit margin: 6.0% (down from 20% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.9%).New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 175% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Declared Dividend • Mar 12Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 16th April 2026 Payment date: 18th May 2026 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Mar 11+ 1 more updateNien Hsing Textile Co., Ltd. announces Annual dividend, payable on May 18, 2026Nien Hsing Textile Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 18, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.더 많은 업데이트 보기Recent updatesNew Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.47 (vs NT$1.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.47 (down from NT$1.34 in 1Q 2025). Revenue: NT$1.53b (up 13% from 1Q 2025). Net income: NT$92.3m (down 65% from 1Q 2025). Profit margin: 6.0% (down from 20% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Apr 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.9%).New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 175% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Declared Dividend • Mar 12Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 16th April 2026 Payment date: 18th May 2026 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Mar 11+ 1 more updateNien Hsing Textile Co., Ltd. announces Annual dividend, payable on May 18, 2026Nien Hsing Textile Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 18, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$1.76 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$1.76 (up from NT$1.22 in FY 2024). Revenue: NT$6.26b (down 2.5% from FY 2024). Net income: NT$349.1m (up 44% from FY 2024). Profit margin: 5.6% (up from 3.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.New Risk • Nov 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 225% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.55 (up from NT$0.43 in 3Q 2024). Revenue: NT$1.56b (down 4.5% from 3Q 2024). Net income: NT$108.5m (up 26% from 3Q 2024). Profit margin: 7.0% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.33 profit in 2Q 2024)Second quarter 2025 results: NT$0.44 loss per share (down from NT$0.33 profit in 2Q 2024). Revenue: NT$1.78b (up 8.9% from 2Q 2024). Net loss: NT$87.8m (down 236% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.New Risk • May 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 90% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.34 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$1.34 (up from NT$0.15 in 1Q 2024). Revenue: NT$1.35b (down 20% from 1Q 2024). Net income: NT$266.0m (up NT$237.2m from 1Q 2024). Profit margin: 20% (up from 1.7% in 1Q 2024). 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 only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • May 01Nien Hsing Textile Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Nien Hsing Textile Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Upcoming Dividend • Apr 10Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 17 April 2025. Payment date: 19 May 2025. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (4.9%).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$18.10, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 7.3% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.22 (vs NT$1.83 loss in FY 2023)Full year 2024 results: EPS: NT$1.22 (up from NT$1.83 loss in FY 2023). Revenue: NT$6.42b (up 1.0% from FY 2023). Net income: NT$242.2m (up NT$605.1m from FY 2023). Profit margin: 3.8% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.공시 • Mar 13Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 17, 2025Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: 13 floor no,306, sec.1 nei hu rd., neihu district, taipei city Taiwan공시 • Mar 12Nien Hsing Textile Co., Ltd. Approves Cash Dividend for the Year Ended December 31, 2024Nien Hsing Textile Co., Ltd. approved cash dividend of 1.0 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 198,000,000.공시 • Mar 04Nien Hsing Textile Co., Ltd. to Report Q4, 2024 Results on Mar 11, 2025Nien Hsing Textile Co., Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025분석 기사 • Nov 14Nien Hsing Textile's (TWSE:1451) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Nien Hsing Textile Co., Ltd. ( TWSE:1451 ) were solid, but the stock didn't move as much...Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.031 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.44 (up from NT$0.031 loss in 3Q 2023). Revenue: NT$1.63b (flat on 3Q 2023). Net income: NT$86.2m (up NT$92.2m from 3Q 2023). Profit margin: 5.3% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.공시 • Oct 29Nien Hsing Textile Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.13 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.13 loss in 2Q 2023). Revenue: NT$1.63b (down 6.8% from 2Q 2023). Net income: NT$64.4m (up NT$89.6m from 2Q 2023). Profit margin: 3.9% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.공시 • Jul 24Nien Hsing Textile Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q2, 2024 results on Aug 02, 2024분석 기사 • Jun 20Nien Hsing Textile (TWSE:1451) Is Paying Out Less In Dividends Than Last YearNien Hsing Textile Co., Ltd.'s ( TWSE:1451 ) dividend is being reduced from last year's payment covering the same...Declared Dividend • Jun 20Dividend reduced to NT$0.50Dividend of NT$0.50 is 75% lower than last year. Ex-date: 4th July 2024 Payment date: 2nd August 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.08 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (up from NT$1.08 loss in 1Q 2023). Revenue: NT$1.69b (up 12% from 1Q 2023). Net income: NT$28.8m (up NT$242.1m from 1Q 2023). Profit margin: 1.7% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Apr 28Nien Hsing Textile Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024New Risk • Mar 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 107% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 107% Earnings have declined by 6.0% per year over the past 5 years.공시 • Mar 09+ 1 more updateNien Hsing Textile Co., Ltd., Annual General Meeting, Jun 18, 2024Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: No. 119-3, Xiafuwei, Houlong Township, Miaoli County 356003 , Taiwan (R.O.C.) Miaoli City Taiwan Agenda: To consider report 2023 business operation; to consider audit Committee's 2023 review report; to consider report 2023 employees' compensation of profit sharing; to consider amendments to the Rules and Procedures of Board of Directors Meetings; and to transact such other business matters.Board Change • Feb 21Less 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. 6 non-independent directors. Director Jih Chao Lee was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Nov 23Nien Hsing Textile Co., Ltd. Announce to Suspend Operation of Houlong FactoryNien Hsing Textile Co., Ltd. announced that Houlong Denim Factory will fully suspend the operation after existing orders are digested. In accordance with the law, the Company will also notify comptent authorities and offer employees severance pay. (1) The price of cotton, the main raw material of denim fabrics, fluctuates violently. (2) Houlong Denim Factory is facing serious labor shortage and difficult to recruit workers. (3) Global inflation suppresses consumer demand, causing serious order shrinkage.Reported Earnings • Nov 05Third quarter 2023 earnings released: NT$0.03 loss per share (vs NT$0.57 profit in 3Q 2022)Third quarter 2023 results: NT$0.03 loss per share (down from NT$0.57 profit in 3Q 2022). Revenue: NT$1.63b (down 32% from 3Q 2022). Net loss: NT$6.05m (down 105% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.Reported Earnings • Aug 05Second quarter 2023 earnings released: NT$0.13 loss per share (vs NT$0.85 profit in 2Q 2022)Second quarter 2023 results: NT$0.13 loss per share (down from NT$0.85 profit in 2Q 2022). Revenue: NT$1.75b (down 29% from 2Q 2022). Net loss: NT$25.2m (down 115% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 26Upcoming dividend of NT$2.00 per share at 9.1% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 01 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$2.15 (vs NT$1.23 in FY 2021)Full year 2022 results: EPS: NT$2.15 (up from NT$1.23 in FY 2021). Revenue: NT$8.70b (up 8.5% from FY 2021). Net income: NT$426.5m (up 76% from FY 2021). Profit margin: 4.9% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.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. 6 non-independent directors. Chairman of the Board Vincent Chen was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.46 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.57 (up from NT$0.46 in 3Q 2021). Revenue: NT$2.41b (up 3.6% from 3Q 2021). Net income: NT$112.0m (up 24% from 3Q 2021). Profit margin: 4.6% (up from 3.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.85 (vs NT$0.051 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.85 (up from NT$0.051 in 2Q 2021). Revenue: NT$2.47b (up 33% from 2Q 2021). Net income: NT$169.0m (up NT$158.8m from 2Q 2021). Profit margin: 6.8% (up from 0.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 04Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.1%).Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.94 (vs NT$0.33 in 1Q 2021)First quarter 2022 results: EPS: NT$0.94 (up from NT$0.33 in 1Q 2021). Revenue: NT$1.97b (up 14% from 1Q 2021). Net income: NT$185.7m (up 181% from 1Q 2021). Profit margin: 9.4% (up from 3.8% in 1Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging 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. 6 non-independent directors. Director Rong Hwa Fang was the last 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.공시 • Apr 02Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 23, 2022Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 23, 2022.Reported Earnings • Mar 14Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.23 (up from NT$2.14 loss in FY 2020). Revenue: NT$8.01b (up 14% from FY 2020). Net income: NT$242.7m (up NT$665.8m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.21 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.33b (up 13% from 3Q 2020). Net income: NT$90.4m (up NT$131.4m from 3Q 2020). Profit margin: 3.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.77 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.85b (up 71% from 2Q 2020). Net income: NT$10.1m (up NT$163.2m from 2Q 2020). Profit margin: 0.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Aug 05Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 07 September 2021. Trailing yield: 2.7%. 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$0.33 (vs NT$1.18 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$1.74b (down 7.3% from 1Q 2020). Net income: NT$66.2m (up NT$298.7m from 1Q 2020). Profit margin: 3.8% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 28Is Nien Hsing Textile Co., Ltd. (TPE:1451) A Risky Dividend Stock?Today we'll take a closer look at Nien Hsing Textile Co., Ltd. ( TPE:1451 ) from a dividend investor's perspective...공시 • Mar 19Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 16, 2021Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 16, 2021.Reported Earnings • Mar 18Full year 2020 earnings released: NT$2.14 loss per share (vs NT$0.35 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$7.02b (down 18% from FY 2019). Net loss: NT$423.1m (loss widened NT$353.4m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 92% 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.분석 기사 • Feb 07Is Nien Hsing Textile (TPE:1451) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Jan 28New 90-day low: NT$15.95The company is down 1.0% from its price of NT$16.05 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period.Is New 90 Day High Low • Dec 24New 90-day high: NT$17.20The company is up 8.0% from its price of NT$15.95 on 25 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 8.0% over the same period.분석 기사 • Dec 17Reflecting on Nien Hsing Textile's(TPE:1451) Total Shareholder Returns Over The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...Reported Earnings • Nov 08Third quarter 2020 earnings released: NT$0.20 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$2.07b (down 5.8% from 3Q 2019). Net loss: NT$41.0m (loss widened 232% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.공시 • Sep 21Nien Hsing Textile Co., Ltd.(TSEC:1451) dropped from S&P Global BMI IndexNien Hsing Textile Co., Ltd.(TSEC:1451) dropped from S&P Global BMI Index주주 수익률1451TW LuxuryTW 시장7D-0.9%0.4%5.7%1Y-17.3%-21.4%108.5%전체 주주 수익률 보기수익률 대 산업: 1451은 지난 1년 동안 -21.4%의 수익을 기록한 TW Luxury 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 1451은 지난 1년 동안 108.5%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 1451's price volatile compared to industry and market?1451 volatility1451 Average Weekly Movement2.8%Luxury Industry Average Movement4.0%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%안정적인 주가: 1451는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 1451의 주간 변동성(3%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1986n/aAndy Tsaiwww.nhjeans.com는 대만 및 해외에서 데님 원단, 데님 의류 및 원사를 제조 및 판매합니다. 또한 투자 사업에도 참여하고 있습니다. 이 회사는 1986년에 설립되었으며 대만 타이베이에 본사를 두고 있습니다.더 보기Nien Hsing Textile Co., Ltd. 기초 지표 요약Nien Hsing Textile의 순이익과 매출은 시가총액과 어떻게 비교됩니까?1451 기초 통계시가총액NT$3.28b순이익 (TTM)NT$175.32m매출 (TTM)NT$6.44b18.7x주가수익비율(P/E)0.5x주가매출비율(P/S)1451는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표1451 손익계산서 (TTM)매출NT$6.44b매출원가NT$5.63b총이익NT$804.24m기타 비용NT$628.92m순이익NT$175.32m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.89총이익률12.49%순이익률2.72%부채/자본 비율1.7%1451의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당6.0%현재 배당 수익률113%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/29 11:06종가2026/05/29 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 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 소스Nien Hsing Textile Co., Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Hsuan LeeMasterlink Securities Investment Advisory
New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.47 (vs NT$1.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.47 (down from NT$1.34 in 1Q 2025). Revenue: NT$1.53b (up 13% from 1Q 2025). Net income: NT$92.3m (down 65% from 1Q 2025). Profit margin: 6.0% (down from 20% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.9%).
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 175% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Declared Dividend • Mar 12Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 16th April 2026 Payment date: 18th May 2026 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Mar 11+ 1 more updateNien Hsing Textile Co., Ltd. announces Annual dividend, payable on May 18, 2026Nien Hsing Textile Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 18, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.
New Risk • May 11New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Dividend yield: 6.0% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 113% Cash payout ratio: 116% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin).
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$0.47 (vs NT$1.34 in 1Q 2025)First quarter 2026 results: EPS: NT$0.47 (down from NT$1.34 in 1Q 2025). Revenue: NT$1.53b (up 13% from 1Q 2025). Net income: NT$92.3m (down 65% from 1Q 2025). Profit margin: 6.0% (down from 20% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Apr 09Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 16 April 2026. Payment date: 18 May 2026. Payout ratio is a comfortable 57% but the company is not cash flow positive. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.9%).
New Risk • Mar 23New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 175% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Declared Dividend • Mar 12Dividend of NT$1.00 announcedDividend of NT$1.00 is the same as last year. Ex-date: 16th April 2026 Payment date: 18th May 2026 Dividend yield will be 5.6%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (57% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Mar 11+ 1 more updateNien Hsing Textile Co., Ltd. announces Annual dividend, payable on May 18, 2026Nien Hsing Textile Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 18, 2026, ex-date on April 16, 2026 and record date on April 17, 2026.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$1.76 (vs NT$1.22 in FY 2024)Full year 2025 results: EPS: NT$1.76 (up from NT$1.22 in FY 2024). Revenue: NT$6.26b (down 2.5% from FY 2024). Net income: NT$349.1m (up 44% from FY 2024). Profit margin: 5.6% (up from 3.8% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
New Risk • Nov 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 225% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.55 (up from NT$0.43 in 3Q 2024). Revenue: NT$1.56b (down 4.5% from 3Q 2024). Net income: NT$108.5m (up 26% from 3Q 2024). Profit margin: 7.0% (up from 5.3% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.33 profit in 2Q 2024)Second quarter 2025 results: NT$0.44 loss per share (down from NT$0.33 profit in 2Q 2024). Revenue: NT$1.78b (up 8.9% from 2Q 2024). Net loss: NT$87.8m (down 236% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year.
New Risk • May 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 90% 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 Paying a dividend despite having no free cash flows. Large one-off items impacting financial results.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.34 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$1.34 (up from NT$0.15 in 1Q 2024). Revenue: NT$1.35b (down 20% from 1Q 2024). Net income: NT$266.0m (up NT$237.2m from 1Q 2024). Profit margin: 20% (up from 1.7% in 1Q 2024). 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 only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • May 01Nien Hsing Textile Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Nien Hsing Textile Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Upcoming Dividend • Apr 10Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 17 April 2025. Payment date: 19 May 2025. Payout ratio is on the higher end at 82%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (4.9%).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$18.10, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 7.3% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.22 (vs NT$1.83 loss in FY 2023)Full year 2024 results: EPS: NT$1.22 (up from NT$1.83 loss in FY 2023). Revenue: NT$6.42b (up 1.0% from FY 2023). Net income: NT$242.2m (up NT$605.1m from FY 2023). Profit margin: 3.8% (up from net loss in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
공시 • Mar 13Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 17, 2025Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 17, 2025, at 09:00 Taipei Standard Time. Location: 13 floor no,306, sec.1 nei hu rd., neihu district, taipei city Taiwan
공시 • Mar 12Nien Hsing Textile Co., Ltd. Approves Cash Dividend for the Year Ended December 31, 2024Nien Hsing Textile Co., Ltd. approved cash dividend of 1.0 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 198,000,000.
공시 • Mar 04Nien Hsing Textile Co., Ltd. to Report Q4, 2024 Results on Mar 11, 2025Nien Hsing Textile Co., Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025
분석 기사 • Nov 14Nien Hsing Textile's (TWSE:1451) Solid Earnings May Rest On Weak FoundationsThe recent earnings posted by Nien Hsing Textile Co., Ltd. ( TWSE:1451 ) were solid, but the stock didn't move as much...
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.031 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.44 (up from NT$0.031 loss in 3Q 2023). Revenue: NT$1.63b (flat on 3Q 2023). Net income: NT$86.2m (up NT$92.2m from 3Q 2023). Profit margin: 5.3% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
공시 • Oct 29Nien Hsing Textile Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024
Reported Earnings • Aug 07Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.13 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.13 loss in 2Q 2023). Revenue: NT$1.63b (down 6.8% from 2Q 2023). Net income: NT$64.4m (up NT$89.6m from 2Q 2023). Profit margin: 3.9% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
공시 • Jul 24Nien Hsing Textile Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q2, 2024 results on Aug 02, 2024
분석 기사 • Jun 20Nien Hsing Textile (TWSE:1451) Is Paying Out Less In Dividends Than Last YearNien Hsing Textile Co., Ltd.'s ( TWSE:1451 ) dividend is being reduced from last year's payment covering the same...
Declared Dividend • Jun 20Dividend reduced to NT$0.50Dividend of NT$0.50 is 75% lower than last year. Ex-date: 4th July 2024 Payment date: 2nd August 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (26% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.08 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (up from NT$1.08 loss in 1Q 2023). Revenue: NT$1.69b (up 12% from 1Q 2023). Net income: NT$28.8m (up NT$242.1m from 1Q 2023). Profit margin: 1.7% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Apr 28Nien Hsing Textile Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Nien Hsing Textile Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024
New Risk • Mar 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. Cash payout ratio: 107% Dividend yield: 10% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough 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. 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 Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 107% Earnings have declined by 6.0% per year over the past 5 years.
공시 • Mar 09+ 1 more updateNien Hsing Textile Co., Ltd., Annual General Meeting, Jun 18, 2024Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: No. 119-3, Xiafuwei, Houlong Township, Miaoli County 356003 , Taiwan (R.O.C.) Miaoli City Taiwan Agenda: To consider report 2023 business operation; to consider audit Committee's 2023 review report; to consider report 2023 employees' compensation of profit sharing; to consider amendments to the Rules and Procedures of Board of Directors Meetings; and to transact such other business matters.
Board Change • Feb 21Less 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. 6 non-independent directors. Director Jih Chao Lee was the last director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Nov 23Nien Hsing Textile Co., Ltd. Announce to Suspend Operation of Houlong FactoryNien Hsing Textile Co., Ltd. announced that Houlong Denim Factory will fully suspend the operation after existing orders are digested. In accordance with the law, the Company will also notify comptent authorities and offer employees severance pay. (1) The price of cotton, the main raw material of denim fabrics, fluctuates violently. (2) Houlong Denim Factory is facing serious labor shortage and difficult to recruit workers. (3) Global inflation suppresses consumer demand, causing serious order shrinkage.
Reported Earnings • Nov 05Third quarter 2023 earnings released: NT$0.03 loss per share (vs NT$0.57 profit in 3Q 2022)Third quarter 2023 results: NT$0.03 loss per share (down from NT$0.57 profit in 3Q 2022). Revenue: NT$1.63b (down 32% from 3Q 2022). Net loss: NT$6.05m (down 105% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 1.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.6% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
Reported Earnings • Aug 05Second quarter 2023 earnings released: NT$0.13 loss per share (vs NT$0.85 profit in 2Q 2022)Second quarter 2023 results: NT$0.13 loss per share (down from NT$0.85 profit in 2Q 2022). Revenue: NT$1.75b (down 29% from 2Q 2022). Net loss: NT$25.2m (down 115% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 78% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 26Upcoming dividend of NT$2.00 per share at 9.1% yieldEligible shareholders must have bought the stock before 03 July 2023. Payment date: 01 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$2.15 (vs NT$1.23 in FY 2021)Full year 2022 results: EPS: NT$2.15 (up from NT$1.23 in FY 2021). Revenue: NT$8.70b (up 8.5% from FY 2021). Net income: NT$426.5m (up 76% from FY 2021). Profit margin: 4.9% (up from 3.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
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. 6 non-independent directors. Chairman of the Board Vincent Chen was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.57 (vs NT$0.46 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.57 (up from NT$0.46 in 3Q 2021). Revenue: NT$2.41b (up 3.6% from 3Q 2021). Net income: NT$112.0m (up 24% from 3Q 2021). Profit margin: 4.6% (up from 3.9% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.85 (vs NT$0.051 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.85 (up from NT$0.051 in 2Q 2021). Revenue: NT$2.47b (up 33% from 2Q 2021). Net income: NT$169.0m (up NT$158.8m from 2Q 2021). Profit margin: 6.8% (up from 0.5% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 04Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 11 July 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 55% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). In line with average of industry peers (4.1%).
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.94 (vs NT$0.33 in 1Q 2021)First quarter 2022 results: EPS: NT$0.94 (up from NT$0.33 in 1Q 2021). Revenue: NT$1.97b (up 14% from 1Q 2021). Net income: NT$185.7m (up 181% from 1Q 2021). Profit margin: 9.4% (up from 3.8% in 1Q 2021). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging 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. 6 non-independent directors. Director Rong Hwa Fang was the last 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.
공시 • Apr 02Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 23, 2022Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 23, 2022.
Reported Earnings • Mar 14Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$1.23 (up from NT$2.14 loss in FY 2020). Revenue: NT$8.01b (up 14% from FY 2020). Net income: NT$242.7m (up NT$665.8m from FY 2020). Profit margin: 3.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$0.46 (vs NT$0.21 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$2.33b (up 13% from 3Q 2020). Net income: NT$90.4m (up NT$131.4m from 3Q 2020). Profit margin: 3.9% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.77 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.85b (up 71% from 2Q 2020). Net income: NT$10.1m (up NT$163.2m from 2Q 2020). Profit margin: 0.5% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Aug 05Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 12 August 2021. Payment date: 07 September 2021. Trailing yield: 2.7%. 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$0.33 (vs NT$1.18 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$1.74b (down 7.3% from 1Q 2020). Net income: NT$66.2m (up NT$298.7m from 1Q 2020). Profit margin: 3.8% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 28Is Nien Hsing Textile Co., Ltd. (TPE:1451) A Risky Dividend Stock?Today we'll take a closer look at Nien Hsing Textile Co., Ltd. ( TPE:1451 ) from a dividend investor's perspective...
공시 • Mar 19Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 16, 2021Nien Hsing Textile Co., Ltd., Annual General Meeting, Jun 16, 2021.
Reported Earnings • Mar 18Full year 2020 earnings released: NT$2.14 loss per share (vs NT$0.35 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$7.02b (down 18% from FY 2019). Net loss: NT$423.1m (loss widened NT$353.4m from FY 2019). Over the last 3 years on average, earnings per share has fallen by 92% 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.
분석 기사 • Feb 07Is Nien Hsing Textile (TPE:1451) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Jan 28New 90-day low: NT$15.95The company is down 1.0% from its price of NT$16.05 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 2.0% over the same period.
Is New 90 Day High Low • Dec 24New 90-day high: NT$17.20The company is up 8.0% from its price of NT$15.95 on 25 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also up 8.0% over the same period.
분석 기사 • Dec 17Reflecting on Nien Hsing Textile's(TPE:1451) Total Shareholder Returns Over The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
Reported Earnings • Nov 08Third quarter 2020 earnings released: NT$0.20 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$2.07b (down 5.8% from 3Q 2019). Net loss: NT$41.0m (loss widened 232% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 80% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
공시 • Sep 21Nien Hsing Textile Co., Ltd.(TSEC:1451) dropped from S&P Global BMI IndexNien Hsing Textile Co., Ltd.(TSEC:1451) dropped from S&P Global BMI Index
