Reported Earnings • Apr 14
Full year 2025 earnings released: NT$0.81 loss per share (vs NT$0.035 profit in FY 2024) Full year 2025 results: NT$0.81 loss per share (down from NT$0.035 profit in FY 2024). Revenue: NT$10.1b (up 16% from FY 2024). Net loss: NT$338.8m (down NT$353.4m from profit in FY 2024). 공시 • Mar 25
Tung Mung Development Co., Ltd., Annual General Meeting, Jun 16, 2026 Tung Mung Development Co., Ltd., Annual General Meeting, Jun 16, 2026. Location: b1 floor no,155, syuejia district, tainan city Taiwan New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 44% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Board Change • Jan 06
Less than half of directors are independent There are 11 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 11 new directors. 1 experienced director. No highly experienced directors. 5 independent directors (7 non-independent directors). Director Chen Lianyi is the most experienced director on the board, commencing their role in 2025. Independent Director Wayne Tseng was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Board Change • Dec 08
Less than half of directors are independent There are 10 new directors who have joined the board in the last 3 years. Of these new board members, 5 were independent directors. The company's board is composed of: 10 new directors. 1 experienced director. No highly experienced directors. 5 independent directors (6 non-independent directors). Director Chen Lianyi is the most experienced director on the board, commencing their role in 2025. Independent Director Wayne Tseng was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 28
Full year 2024 earnings released: EPS: NT$0.04 (vs NT$0.75 loss in FY 2023) Full year 2024 results: EPS: NT$0.04 (up from NT$0.75 loss in FY 2023). Revenue: NT$8.69b (down 2.8% from FY 2023). Net income: NT$14.7m (up NT$326.7m from FY 2023). Profit margin: 0.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. New Risk • Mar 28
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings have declined by 30% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). 공시 • Mar 19
Tung Mung Development Co., Ltd., Annual General Meeting, Jun 25, 2025 Tung Mung Development Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: b1 floor no,155, i hsiu, syuejia district, tainan city Taiwan New Risk • Mar 03
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.6% average weekly change). New Risk • Feb 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.2% average weekly change). New Risk • Aug 17
New major risk - Revenue and earnings growth Earnings have declined by 13% 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. This is currently the only risk that has been identified for the company. 공시 • Apr 12
Tung Mung Development Co., Ltd., Annual General Meeting, Jun 26, 2024 Tung Mung Development Co., Ltd., Annual General Meeting, Jun 26, 2024. Reported Earnings • Mar 27
Full year 2023 earnings released Full year 2023 results: Revenue: NT$8.94b (down 24% from FY 2022). Net loss: NT$312.0m (down 348% from profit in FY 2022). New Risk • Feb 26
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Share price has been volatile over the past 3 months (7.4% average weekly change). 
