View Future GrowthChain Chon Industrial 과거 순이익 실적과거 기준 점검 0/6Chain Chon Industrial 의 수입은 연평균 -57.7%의 비율로 감소해 온 반면, Metals and Mining 산업은 연평균 11.2%의 비율로 감소했습니다. 매출은 연평균 3.7%의 비율로 감소해 왔습니다.핵심 정보-57.70%순이익 성장률-58.80%주당순이익(EPS) 성장률Metals and Mining 산업 성장률25.31%매출 성장률-3.72%자기자본이익률-13.40%순이익률-2.47%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 12First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: NT$0.32. Revenue: NT$3.65b (up 12% from 1Q 2025). Net income: NT$58.5m (up NT$58.9m from 1Q 2025). Profit margin: 1.6% (up from 0% in 1Q 2025). The increase in margin 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 84 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 17Full year 2025 earnings released: NT$2.37 loss per share (vs NT$1.17 profit in FY 2024)Full year 2025 results: NT$2.37 loss per share (down from NT$1.17 profit in FY 2024). Revenue: NT$15.0b (down 8.4% from FY 2024). Net loss: NT$437.0m (down 302% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.54 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.11 (up from NT$0.54 loss in 3Q 2024). Revenue: NT$3.86b (down 6.0% from 3Q 2024). Net income: NT$19.7m (up NT$120.2m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$1.78 loss per share (vs NT$0.67 profit in 2Q 2024)Second quarter 2025 results: NT$1.78 loss per share (down from NT$0.67 profit in 2Q 2024). Revenue: NT$3.83b (down 11% from 2Q 2024). Net loss: NT$328.8m (down 365% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: NT$0.002 loss per share (vs NT$0.56 profit in 1Q 2024)First quarter 2025 results: NT$0.002 loss per share (down from NT$0.56 profit in 1Q 2024). Revenue: NT$3.26b (down 2.2% from 1Q 2024). Net loss: NT$382.0k (down 100% from profit in 1Q 2024). Profit margin: 0% (down from 3.1% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.공시 • May 01Chain Chon Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025모든 업데이트 보기Recent updatesReported Earnings • May 12First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: NT$0.32. Revenue: NT$3.65b (up 12% from 1Q 2025). Net income: NT$58.5m (up NT$58.9m from 1Q 2025). Profit margin: 1.6% (up from 0% in 1Q 2025). The increase in margin 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 84 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 17Full year 2025 earnings released: NT$2.37 loss per share (vs NT$1.17 profit in FY 2024)Full year 2025 results: NT$2.37 loss per share (down from NT$1.17 profit in FY 2024). Revenue: NT$15.0b (down 8.4% from FY 2024). Net loss: NT$437.0m (down 302% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.공시 • Mar 16Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,178, ta kuan rd., dayuan dist., taoyuan city TaiwanReported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.54 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.11 (up from NT$0.54 loss in 3Q 2024). Revenue: NT$3.86b (down 6.0% from 3Q 2024). Net income: NT$19.7m (up NT$120.2m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$1.78 loss per share (vs NT$0.67 profit in 2Q 2024)Second quarter 2025 results: NT$1.78 loss per share (down from NT$0.67 profit in 2Q 2024). Revenue: NT$3.83b (down 11% from 2Q 2024). Net loss: NT$328.8m (down 365% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 07 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).공시 • May 30Chain Chon Industrial Co., Ltd. (TPEX:5014) agreed to acquire Long-Diann Marine Boi Tech. Co., Led. from its shareholders for TND 50.5 million.Chain Chon Industrial Co., Ltd. (TPEX:5014) agreed to acquire Long-Diann Marine Boi Tech. Co., Led. from its shareholders for TND 50.5 million on May 29, 2025. Chain Chon Industrial Co., Ltd. will use it's own funds to fund the consideration. The expected completion of the transaction is June 26, 2025. CHEN, CIH-JIAN of Sun Rising Certified Public Accountants acted as accountant for Chain Chon Industrial Co., Ltd.Reported Earnings • May 09First quarter 2025 earnings released: NT$0.002 loss per share (vs NT$0.56 profit in 1Q 2024)First quarter 2025 results: NT$0.002 loss per share (down from NT$0.56 profit in 1Q 2024). Revenue: NT$3.26b (down 2.2% from 1Q 2024). Net loss: NT$382.0k (down 100% from profit in 1Q 2024). Profit margin: 0% (down from 3.1% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.공시 • May 01Chain Chon Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$12.10, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total loss to shareholders of 33% over the past three years.New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.78b market cap, or US$84.0m).Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$1.17 (vs NT$0.14 in FY 2023)Full year 2024 results: EPS: NT$1.17 (up from NT$0.14 in FY 2023). Revenue: NT$16.3b (up 4.6% from FY 2023). Net income: NT$216.0m (up NT$190.3m from FY 2023). Profit margin: 1.3% (up from 0.2% in FY 2023). The increase in margin 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 56 percentage points per year, which is a significant difference in performance.공시 • Mar 13Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: no,178, ta kuan rd., dayuan dist., taoyuan city Taiwan공시 • Mar 05Chain Chon Industrial Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Chain Chon Industrial Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025Buy Or Sell Opportunity • Jan 14Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to NT$13.60. The fair value is estimated to be NT$11.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 67%.New Risk • Dec 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.72b market cap, or US$83.1m).Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.54 loss per share (vs NT$0.42 profit in 3Q 2023)Third quarter 2024 results: NT$0.54 loss per share (down from NT$0.42 profit in 3Q 2023). Revenue: NT$4.11b (up 6.3% from 3Q 2023). Net loss: NT$100.5m (down 230% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$15.45, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total loss to shareholders of 14% over the past three years.New Risk • Nov 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.17b (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.17b market cap, or US$97.6m).Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$19.85, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 20x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 18% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.67 (vs NT$0.067 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.67 (up from NT$0.067 in 2Q 2023). Revenue: NT$4.28b (up 4.6% from 2Q 2023). Net income: NT$124.1m (up NT$111.6m from 2Q 2023). Profit margin: 2.9% (up from 0.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% 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.Upcoming Dividend • Aug 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (4.5%). Higher than average of industry peers (2.9%).공시 • Aug 03Chain Chon Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Chain Chon Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024New Risk • Jun 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by earnings (138% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.10b market cap, or US$95.5m).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.03 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.03 loss in 1Q 2023). Revenue: NT$3.34b (down 9.5% from 1Q 2023). Net income: NT$103.1m (up NT$108.7m from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • May 03Chain Chon Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024공시 • Apr 11Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024.New Risk • Mar 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 292% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (NT$2.39b market cap, or US$74.7m).Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$0.14 (vs NT$2.04 in FY 2022)Full year 2023 results: EPS: NT$0.14 (down from NT$2.04 in FY 2022). Revenue: NT$15.6b (down 18% from FY 2022). Net income: NT$25.7m (down 93% from FY 2022). Profit margin: 0.2% (down from 2.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% 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.New Risk • Aug 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x 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 Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (113% payout ratio). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$2.49b market cap, or US$78.2m).Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.07 (vs NT$0.35 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.07 (down from NT$0.35 in 2Q 2022). Revenue: NT$4.09b (down 26% from 2Q 2022). Net income: NT$12.5m (down 81% from 2Q 2022). Profit margin: 0.3% (down from 1.2% 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 14% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Jul 21Upcoming dividend of NT$0.80 per share at 5.3% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 August 2023. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.8%).Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$2.04 (vs NT$3.14 in FY 2021)Full year 2022 results: EPS: NT$2.04 (down from NT$3.14 in FY 2021). Revenue: NT$19.1b (up 2.8% from FY 2021). Net income: NT$376.7m (down 28% from FY 2021). Profit margin: 2.0% (down from 2.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (down from NT$1.29 in 3Q 2021). Revenue: NT$5.15b (up 2.0% from 3Q 2021). Net income: NT$153.7m (down 28% from 3Q 2021). Profit margin: 3.0% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (down from NT$1.29 in 3Q 2021). Revenue: NT$5.15b (up 2.0% from 3Q 2021). Net income: NT$153.7m (down 28% from 3Q 2021). Profit margin: 3.0% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$12.15, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 8x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 42% over the past three years.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.50, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 8x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 67% over the past three years.Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.81 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.35 (down from NT$0.81 in 2Q 2021). Revenue: NT$5.56b (up 18% from 2Q 2021). Net income: NT$65.7m (down 51% from 2Q 2021). Profit margin: 1.2% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.7%).Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.05 (up from NT$0.27 in 1Q 2021). Revenue: NT$4.32b (up 21% from 1Q 2021). Net income: NT$191.1m (up 335% from 1Q 2021). Profit margin: 4.4% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 69%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$24.20, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 184% over the past three years.공시 • Apr 07Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 22, 2022Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 22, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.29 (vs NT$1.24 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.05b (up 30% from 3Q 2020). Net income: NT$213.0m (up 3.9% from 3Q 2020). Profit margin: 4.2% (down from 5.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$20.70, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 17x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 95% over the past three years.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.022 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$4.70b (up 49% from 2Q 2020). Net income: NT$134.5m (up NT$138.1m from 2Q 2020). Profit margin: 2.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$28.20, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 149% over the past three years.Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 25x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 76% over the past three years.Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$15.40, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 23% over the past three years.Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 78% over the past three years.Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$1.07 (vs NT$0.093 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$14.3b (down 15% from FY 2019). Net income: NT$177.2m (up NT$161.8m from FY 2019). Profit margin: 1.2% (up from 0.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.분석 기사 • Mar 08These 4 Measures Indicate That Chain Chon Industrial (GTSM:5014) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...분석 기사 • Feb 08Did You Participate In Any Of Chain Chon Industrial's (GTSM:5014) Fantastic 186% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...Is New 90 Day High Low • Jan 29New 90-day high: NT$17.25The company is up 90% from its price of NT$9.06 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period.Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.45, the stock is trading at a trailing P/E ratio of 19.4x, up from the previous P/E ratio of 16.6x. This compares to an average P/E of 22x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 6.1%.분석 기사 • Jan 18Will Chain Chon Industrial's (GTSM:5014) Growth In ROCE Persist?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...분석 기사 • Dec 28Does Chain Chon Industrial Co., Ltd. (GTSM:5014) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...Is New 90 Day High Low • Dec 25New 90-day high: NT$16.20The company is up 88% from its price of NT$8.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period.Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.10, the stock is trading at a trailing P/E ratio of 19x, up from the previous P/E ratio of 16.2x. This compares to an average P/E of 25x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 9.3%.Is New 90 Day High Low • Dec 10New 90-day high: NT$14.10The company is up 47% from its price of NT$9.59 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period.분석 기사 • Dec 07Is Chain Chon Industrial (GTSM:5014) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.24The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.89b (down 8.7% from 3Q 2019). Net income: NT$204.9m (up 110% from 3Q 2019). Profit margin: 5.3% (up from 2.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Nov 13New 90-day high: NT$10.60The company is up 33% from its price of NT$8.00 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 10.0% over the same period.Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 16% share price gain to NT$10.60, the stock is trading at a trailing P/E ratio of 72.8x, up from the previous P/E ratio of 62.6x. This compares to an average P/E of 24x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 36%.매출 및 비용 세부 내역Chain Chon Industrial가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TPEX:5014 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 2615,338-378447031 Dec 2514,953-437461030 Sep 2515,561-220515030 Jun 2515,807-340519031 Mar 2516,256112545031 Dec 2416,331216554030 Sep 2415,69068504030 Jun 2415,447246517031 Mar 2415,259134509031 Dec 2315,61026500030 Sep 2315,68751545030 Jun 2316,977127575031 Mar 2318,442180636031 Dec 2219,068377657030 Sep 2220,269539672030 Jun 2220,170598666031 Mar 2219,311667619031 Dec 2118,554520595030 Sep 2117,668469588030 Jun 2116,504461544031 Mar 2114,966323517031 Dec 2014,276177508030 Sep 2014,881137499030 Jun 2015,20830504031 Mar 2016,045305011031 Dec 1916,607215113230 Sep 1915,965-575235530 Jun 1915,610-1105327431 Mar 1916,023-1645708731 Dec 1816,412-835837430 Sep 1817,033-85589530 Jun 1817,78917856810631 Mar 1817,3977056411531 Dec 1717,25912656711230 Sep 1716,64945959314530 Jun 1715,33225758012031 Mar 1714,5284505689331 Dec 1613,4133275609430 Sep 1612,788-1095432330 Jun 1613,640-2455532431 Mar 1614,010-2875562431 Dec 1514,443-1975722330 Sep 1514,606-13756522양질의 수익: 5014 은(는) 현재 수익성이 없습니다.이익 마진 증가: 5014는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 5014은 수익성이 없으며 지난 5년 동안 손실이 연평균 57.7% 증가했습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 5014의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: 5014은 수익성이 없어 지난 해 수익 성장률을 Metals and Mining 업계(-14.4%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 5014는 현재 수익성이 없으므로 자본 수익률이 음수(-13.4%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/08 16:11종가2026/07/08 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 세부 정보는 당사의 Github 페이지에서 확인하실 수 있으며, 보고서 활용 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 소스Chain Chon Industrial Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Reported Earnings • May 12First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: NT$0.32. Revenue: NT$3.65b (up 12% from 1Q 2025). Net income: NT$58.5m (up NT$58.9m from 1Q 2025). Profit margin: 1.6% (up from 0% in 1Q 2025). The increase in margin 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 84 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 17Full year 2025 earnings released: NT$2.37 loss per share (vs NT$1.17 profit in FY 2024)Full year 2025 results: NT$2.37 loss per share (down from NT$1.17 profit in FY 2024). Revenue: NT$15.0b (down 8.4% from FY 2024). Net loss: NT$437.0m (down 302% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.54 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.11 (up from NT$0.54 loss in 3Q 2024). Revenue: NT$3.86b (down 6.0% from 3Q 2024). Net income: NT$19.7m (up NT$120.2m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$1.78 loss per share (vs NT$0.67 profit in 2Q 2024)Second quarter 2025 results: NT$1.78 loss per share (down from NT$0.67 profit in 2Q 2024). Revenue: NT$3.83b (down 11% from 2Q 2024). Net loss: NT$328.8m (down 365% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: NT$0.002 loss per share (vs NT$0.56 profit in 1Q 2024)First quarter 2025 results: NT$0.002 loss per share (down from NT$0.56 profit in 1Q 2024). Revenue: NT$3.26b (down 2.2% from 1Q 2024). Net loss: NT$382.0k (down 100% from profit in 1Q 2024). Profit margin: 0% (down from 3.1% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
공시 • May 01Chain Chon Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Reported Earnings • May 12First quarter 2026 earnings releasedFirst quarter 2026 results: EPS: NT$0.32. Revenue: NT$3.65b (up 12% from 1Q 2025). Net income: NT$58.5m (up NT$58.9m from 1Q 2025). Profit margin: 1.6% (up from 0% in 1Q 2025). The increase in margin 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 84 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 17Full year 2025 earnings released: NT$2.37 loss per share (vs NT$1.17 profit in FY 2024)Full year 2025 results: NT$2.37 loss per share (down from NT$1.17 profit in FY 2024). Revenue: NT$15.0b (down 8.4% from FY 2024). Net loss: NT$437.0m (down 302% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance.
공시 • Mar 16Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,178, ta kuan rd., dayuan dist., taoyuan city Taiwan
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.54 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.11 (up from NT$0.54 loss in 3Q 2024). Revenue: NT$3.86b (down 6.0% from 3Q 2024). Net income: NT$19.7m (up NT$120.2m from 3Q 2024). Profit margin: 0.5% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$1.78 loss per share (vs NT$0.67 profit in 2Q 2024)Second quarter 2025 results: NT$1.78 loss per share (down from NT$0.67 profit in 2Q 2024). Revenue: NT$3.83b (down 11% from 2Q 2024). Net loss: NT$328.8m (down 365% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 07 August 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 8.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.4%).
공시 • May 30Chain Chon Industrial Co., Ltd. (TPEX:5014) agreed to acquire Long-Diann Marine Boi Tech. Co., Led. from its shareholders for TND 50.5 million.Chain Chon Industrial Co., Ltd. (TPEX:5014) agreed to acquire Long-Diann Marine Boi Tech. Co., Led. from its shareholders for TND 50.5 million on May 29, 2025. Chain Chon Industrial Co., Ltd. will use it's own funds to fund the consideration. The expected completion of the transaction is June 26, 2025. CHEN, CIH-JIAN of Sun Rising Certified Public Accountants acted as accountant for Chain Chon Industrial Co., Ltd.
Reported Earnings • May 09First quarter 2025 earnings released: NT$0.002 loss per share (vs NT$0.56 profit in 1Q 2024)First quarter 2025 results: NT$0.002 loss per share (down from NT$0.56 profit in 1Q 2024). Revenue: NT$3.26b (down 2.2% from 1Q 2024). Net loss: NT$382.0k (down 100% from profit in 1Q 2024). Profit margin: 0% (down from 3.1% in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
공시 • May 01Chain Chon Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$12.10, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total loss to shareholders of 33% over the past three years.
New Risk • Mar 26New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 24% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.78b market cap, or US$84.0m).
Reported Earnings • Mar 18Full year 2024 earnings released: EPS: NT$1.17 (vs NT$0.14 in FY 2023)Full year 2024 results: EPS: NT$1.17 (up from NT$0.14 in FY 2023). Revenue: NT$16.3b (up 4.6% from FY 2023). Net income: NT$216.0m (up NT$190.3m from FY 2023). Profit margin: 1.3% (up from 0.2% in FY 2023). The increase in margin 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 56 percentage points per year, which is a significant difference in performance.
공시 • Mar 13Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: no,178, ta kuan rd., dayuan dist., taoyuan city Taiwan
공시 • Mar 05Chain Chon Industrial Co., Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025Chain Chon Industrial Co., Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025
Buy Or Sell Opportunity • Jan 14Now 22% overvaluedOver the last 90 days, the stock has fallen 26% to NT$13.60. The fair value is estimated to be NT$11.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.6% over the last 3 years. Earnings per share has declined by 67%.
New Risk • Dec 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.4% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 272% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.72b market cap, or US$83.1m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.54 loss per share (vs NT$0.42 profit in 3Q 2023)Third quarter 2024 results: NT$0.54 loss per share (down from NT$0.42 profit in 3Q 2023). Revenue: NT$4.11b (up 6.3% from 3Q 2023). Net loss: NT$100.5m (down 230% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 56 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 14Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$15.45, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total loss to shareholders of 14% over the past three years.
New Risk • Nov 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.17b (US$97.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (1.0% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.17b market cap, or US$97.6m).
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$19.85, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 20x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 18% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.67 (vs NT$0.067 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.67 (up from NT$0.067 in 2Q 2023). Revenue: NT$4.28b (up 4.6% from 2Q 2023). Net income: NT$124.1m (up NT$111.6m from 2Q 2023). Profit margin: 2.9% (up from 0.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% 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.
Upcoming Dividend • Aug 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 August 2024. Payment date: 30 August 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (4.5%). Higher than average of industry peers (2.9%).
공시 • Aug 03Chain Chon Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024Chain Chon Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024
New Risk • Jun 19New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Interest payments are not well covered by earnings (2.9x net interest cover). Minor Risks Dividend is not well covered by earnings (138% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$3.10b market cap, or US$95.5m).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.56 (vs NT$0.03 loss in 1Q 2023)First quarter 2024 results: EPS: NT$0.56 (up from NT$0.03 loss in 1Q 2023). Revenue: NT$3.34b (down 9.5% from 1Q 2023). Net income: NT$103.1m (up NT$108.7m from 1Q 2023). Profit margin: 3.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • May 03Chain Chon Industrial Co., Ltd. to Report Q1, 2024 Results on May 07, 2024Chain Chon Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024
공시 • Apr 11Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024.
New Risk • Mar 29New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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 Risks Interest payments are not well covered by earnings (2.1x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 292% Paying a dividend despite having no free cash flows. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (NT$2.39b market cap, or US$74.7m).
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: NT$0.14 (vs NT$2.04 in FY 2022)Full year 2023 results: EPS: NT$0.14 (down from NT$2.04 in FY 2022). Revenue: NT$15.6b (down 18% from FY 2022). Net income: NT$25.7m (down 93% from FY 2022). Profit margin: 0.2% (down from 2.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 34% 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.
New Risk • Aug 12New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x 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 Risk Interest payments are not well covered by earnings (2.7x net interest cover). Minor Risks Dividend is not well covered by earnings (113% payout ratio). Profit margins are more than 30% lower than last year (0.7% net profit margin). Market cap is less than US$100m (NT$2.49b market cap, or US$78.2m).
Reported Earnings • Aug 11Second quarter 2023 earnings released: EPS: NT$0.07 (vs NT$0.35 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.07 (down from NT$0.35 in 2Q 2022). Revenue: NT$4.09b (down 26% from 2Q 2022). Net income: NT$12.5m (down 81% from 2Q 2022). Profit margin: 0.3% (down from 1.2% 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 14% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Jul 21Upcoming dividend of NT$0.80 per share at 5.3% yieldEligible shareholders must have bought the stock before 28 July 2023. Payment date: 25 August 2023. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.8%).
Reported Earnings • Apr 01Full year 2022 earnings released: EPS: NT$2.04 (vs NT$3.14 in FY 2021)Full year 2022 results: EPS: NT$2.04 (down from NT$3.14 in FY 2021). Revenue: NT$19.1b (up 2.8% from FY 2021). Net income: NT$376.7m (down 28% from FY 2021). Profit margin: 2.0% (down from 2.8% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (down from NT$1.29 in 3Q 2021). Revenue: NT$5.15b (up 2.0% from 3Q 2021). Net income: NT$153.7m (down 28% from 3Q 2021). Profit margin: 3.0% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.83 (vs NT$1.29 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.83 (down from NT$1.29 in 3Q 2021). Revenue: NT$5.15b (up 2.0% from 3Q 2021). Net income: NT$153.7m (down 28% from 3Q 2021). Profit margin: 3.0% (down from 4.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$12.15, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 8x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 42% over the past three years.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.50, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 8x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 67% over the past three years.
Reported Earnings • Aug 18Second quarter 2022 earnings released: EPS: NT$0.35 (vs NT$0.81 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.35 (down from NT$0.81 in 2Q 2021). Revenue: NT$5.56b (up 18% from 2Q 2021). Net income: NT$65.7m (down 51% from 2Q 2021). Profit margin: 1.2% (down from 2.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.7%).
Reported Earnings • May 13First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$1.05 (up from NT$0.27 in 1Q 2021). Revenue: NT$4.32b (up 21% from 1Q 2021). Net income: NT$191.1m (up 335% from 1Q 2021). Profit margin: 4.4% (up from 1.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 24%. Earnings per share (EPS) also surpassed analyst estimates by 69%. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$24.20, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 11x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 184% over the past three years.
공시 • Apr 07Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 22, 2022Chain Chon Industrial Co., Ltd., Annual General Meeting, Jun 22, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.29 (vs NT$1.24 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.05b (up 30% from 3Q 2020). Net income: NT$213.0m (up 3.9% from 3Q 2020). Profit margin: 4.2% (down from 5.3% in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$20.70, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 17x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 95% over the past three years.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$0.81 (vs NT$0.022 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$4.70b (up 49% from 2Q 2020). Net income: NT$134.5m (up NT$138.1m from 2Q 2020). Profit margin: 2.9% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jul 21Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$28.20, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 149% over the past three years.
Valuation Update With 7 Day Price Move • Jun 28Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$21.30, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 25x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 76% over the past three years.
Valuation Update With 7 Day Price Move • May 18Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$15.40, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 19x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 23% over the past three years.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 78% over the past three years.
Reported Earnings • Mar 31Full year 2020 earnings released: EPS NT$1.07 (vs NT$0.093 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$14.3b (down 15% from FY 2019). Net income: NT$177.2m (up NT$161.8m from FY 2019). Profit margin: 1.2% (up from 0.1% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 10% per year and the company’s share price has also increased by 10% per year.
분석 기사 • Mar 08These 4 Measures Indicate That Chain Chon Industrial (GTSM:5014) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
분석 기사 • Feb 08Did You Participate In Any Of Chain Chon Industrial's (GTSM:5014) Fantastic 186% Return ?The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if...
Is New 90 Day High Low • Jan 29New 90-day high: NT$17.25The company is up 90% from its price of NT$9.06 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 12% over the same period.
Valuation Update With 7 Day Price Move • Jan 28Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.45, the stock is trading at a trailing P/E ratio of 19.4x, up from the previous P/E ratio of 16.6x. This compares to an average P/E of 22x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 6.1%.
분석 기사 • Jan 18Will Chain Chon Industrial's (GTSM:5014) Growth In ROCE Persist?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
분석 기사 • Dec 28Does Chain Chon Industrial Co., Ltd. (GTSM:5014) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Is New 90 Day High Low • Dec 25New 90-day high: NT$16.20The company is up 88% from its price of NT$8.60 on 25 September 2020. The Taiwanese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 25% over the same period.
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$15.10, the stock is trading at a trailing P/E ratio of 19x, up from the previous P/E ratio of 16.2x. This compares to an average P/E of 25x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 9.3%.
Is New 90 Day High Low • Dec 10New 90-day high: NT$14.10The company is up 47% from its price of NT$9.59 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 11% over the same period.
분석 기사 • Dec 07Is Chain Chon Industrial (GTSM:5014) A Risky Investment?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$1.24The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.89b (down 8.7% from 3Q 2019). Net income: NT$204.9m (up 110% from 3Q 2019). Profit margin: 5.3% (up from 2.3% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 65% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Nov 13New 90-day high: NT$10.60The company is up 33% from its price of NT$8.00 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 10.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 16% share price gain to NT$10.60, the stock is trading at a trailing P/E ratio of 72.8x, up from the previous P/E ratio of 62.6x. This compares to an average P/E of 24x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 36%.