View Financial HealthChia Hsin Cement 배당 및 자사주 매입배당 기준 점검 2/6Chia Hsin Cement 은(는) 현재 수익률이 4.04% 인 배당금 지급 회사입니다. 다음 지급일은 21st August, 2026 이며 배당락일은 다음과 같습니다. 23rd July, 2026.핵심 정보4.0%배당 수익률0.3%자사주 매입 수익률총 주주 수익률4.3%미래 배당 수익률n/a배당 성장률5.0%다음 배당 지급일21 Aug 26배당락일23 Jul 26주당 배당금n/a배당 성향130%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jul 08Dividend reduced to NT$0.52Dividend of NT$0.52 is 5.3% lower than last year. Ex-date: 23rd July 2026 Payment date: 21st August 2026 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.Upcoming Dividend • Jul 17Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 21 August 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (5.1%).Declared Dividend • Jun 28Dividend increased to NT$0.55Dividend of NT$0.55 is 10% higher than last year. Ex-date: 24th July 2025 Payment date: 21st August 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 12Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).Declared Dividend • Jun 27Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 14x earnings) and 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. The company's earnings per share (EPS) would need to grow by 1,535% to bring the payout ratio under control. However, EPS has declined by 44% over the last 5 years so the company would need to reverse this trend.공고 • May 25Chia Hsin Cement Corporation Approves Cash Dividend for 2023Chia Hsin Cement Corporation approved cash dividend of TWD 0.5 per share for 2023.모든 업데이트 보기Recent updatesDeclared Dividend • Jul 08Dividend reduced to NT$0.52Dividend of NT$0.52 is 5.3% lower than last year. Ex-date: 23rd July 2026 Payment date: 21st August 2026 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.079 (vs NT$0.13 in 1Q 2025)First quarter 2026 results: EPS: NT$0.079 (down from NT$0.13 in 1Q 2025). Revenue: NT$688.4m (down 8.5% from 1Q 2025). Net income: NT$51.8m (down 38% from 1Q 2025). Profit margin: 7.5% (down from 11% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.New Risk • Mar 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 130% Cash payout ratio: 336% Earnings have declined by 46% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.84 (vs NT$0.48 in FY 2024)Full year 2025 results: EPS: NT$0.84 (up from NT$0.48 in FY 2024). Revenue: NT$3.02b (up 1.0% from FY 2024). Net income: NT$556.3m (up 74% from FY 2024). Profit margin: 18% (up from 11% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공고 • Mar 06Chia Hsin Cement Corporation, Annual General Meeting, May 22, 2026Chia Hsin Cement Corporation, Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: 7 floor no,66, wu kung rd., sinjhuang district, new taipei city TaiwanNew Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.3% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 130% Cash payout ratio: 95% Earnings have declined by 46% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin).Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.73 in 3Q 2024). Revenue: NT$723.7m (down 6.7% from 3Q 2024). Net income: NT$687.6m (up 42% from 3Q 2024). Profit margin: 95% (up from 63% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.New Risk • Aug 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 462% Cash payout ratio: 111% Dividend yield: 4.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 462% Cash payout ratio: 111% Earnings have declined by 42% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.11 profit in 2Q 2024)Second quarter 2025 results: NT$0.44 loss per share (down from NT$0.11 profit in 2Q 2024). Revenue: NT$768.5m (up 4.1% from 2Q 2024). Net loss: NT$291.9m (down NT$363.9m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 17Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 21 August 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (5.1%).Declared Dividend • Jun 28Dividend increased to NT$0.55Dividend of NT$0.55 is 10% higher than last year. Ex-date: 24th July 2025 Payment date: 21st August 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • May 17Chia Hsin Cement Corporation Approves Board ElectionsChia Hsin Cement Corporation announced that at its AGM held on May 16, 2025, the shareholders approved election of Director: Jason K. L. Chang; Director: Tong Yang Chia Hsin Int'l Corp.-Alec Jun-Ci Chang; Director: Chen-Ching Chen; Independent Director: Pao-Chu Lin; Independent Director: Kevin Kuo-I Chen; Independent Director: Mei-Ling Chang.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.13 (vs NT$0.059 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.13 (up from NT$0.059 loss in 1Q 2024). Revenue: NT$752.5m (up 7.6% from 1Q 2024). Net income: NT$83.2m (up NT$121.9m from 1Q 2024). Profit margin: 11% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공고 • May 01Chia Hsin Cement Corporation to Report Q1, 2025 Results on May 08, 2025Chia Hsin Cement Corporation announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$13.50, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total loss to shareholders of 27% over the past three years.New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results.공고 • Feb 26Chia Hsin Cement Corporation, Annual General Meeting, May 16, 2025Chia Hsin Cement Corporation, Annual General Meeting, May 16, 2025, at 09:00 Taipei Standard Time. Location: 7 floor no,66, wu kung rd., sinjhuang district, new taipei city Taiwan공고 • Feb 19Chia Hsin Cement Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Chia Hsin Cement Corporation announced that they will report fiscal year 2024 results on Feb 25, 2025분석 기사 • Nov 20Shareholders Will Be Pleased With The Quality of Chia Hsin Cement's (TWSE:1103) EarningsThe subdued stock price reaction suggests that Chia Hsin Cement Corporation's ( TWSE:1103 ) strong earnings didn't...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.74 (vs NT$0.18 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.74 (up from NT$0.18 in 3Q 2023). Revenue: NT$775.7m (up 5.0% from 3Q 2023). Net income: NT$484.6m (up 313% from 3Q 2023). Profit margin: 63% (up from 16% in 3Q 2023). The increase in margin was primarily 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 72 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.003 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (up from NT$0.003 loss in 2Q 2023). Revenue: NT$738.3m (up 1.8% from 2Q 2023). Net income: NT$72.0m (up NT$74.0m from 2Q 2023). Profit margin: 9.8% (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 94 percentage points per year, which is a significant difference in performance.공고 • Aug 02Chia Hsin Cement Corporation to Report Q2, 2024 Results on Aug 08, 2024Chia Hsin Cement Corporation announced that they will report Q2, 2024 results on Aug 08, 2024Upcoming Dividend • Jul 12Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).Declared Dividend • Jun 27Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 14x earnings) and 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. The company's earnings per share (EPS) would need to grow by 1,535% to bring the payout ratio under control. However, EPS has declined by 44% over the last 5 years so the company would need to reverse this trend.New Risk • Jun 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 114% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% 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. Payout ratio: 114% Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.공고 • May 25Chia Hsin Cement Corporation Approves Cash Dividend for 2023Chia Hsin Cement Corporation approved cash dividend of TWD 0.5 per share for 2023.Reported Earnings • May 19First quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.03 profit in 1Q 2023)First quarter 2024 results: NT$0.06 loss per share (down from NT$0.03 profit in 1Q 2023). Revenue: NT$699.1m (up 7.3% from 1Q 2023). Net loss: NT$38.7m (down 294% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.분석 기사 • Mar 12Chia Hsin Cement's (TWSE:1103) Solid Earnings Are Supported By Other Strong FactorsEven though Chia Hsin Cement Corporation's ( TWSE:1103 ) recent earnings release was robust, the market didn't seem to...New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$0.12 (vs NT$0.27 loss in FY 2022)Full year 2023 results: EPS: NT$0.12 (up from NT$0.27 loss in FY 2022). Revenue: NT$2.91b (up 29% from FY 2022). Net income: NT$81.1m (up NT$261.8m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). 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 93 percentage points per year, which is a significant difference in performance.공고 • Feb 28Chia Hsin Cement Corporation, Annual General Meeting, May 24, 2024Chia Hsin Cement Corporation, Annual General Meeting, May 24, 2024. Location: 6F., No.66, Wugong Rd., Xinzhuang Dist. New Taipei City 242 Gala De Chine Xinzhuang,Jindeng Room Taipei Taiwan Agenda: To report 2023 employees and directors compensation; to report 2023 business and financial statements; to report audit committee's review of 2023 business and financial statements; to report 2023 directors' remuneration; to approve 2023 business and financial statements; to approve 2023 earnings distribution; and to consider other issues.공고 • Dec 16Chia Hsin Cement Corporation Appoints Li-Hsing Wang as Chief Information Security OfficerChia Hsin Cement Corporation announced the appointment of Li-Hsing Wang as Chief Information Security officer, effective from December 15, 2023.Upcoming Dividend • Jul 20Upcoming dividend of NT$0.30 per share at 1.4% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 31 August 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).Reported Earnings • Jul 06First quarter 2023 earnings released: EPS: NT$0.031 (vs NT$0.13 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.031 (up from NT$0.13 loss in 1Q 2022). Revenue: NT$651.4m (up 27% from 1Q 2022). Net income: NT$20.0m (up NT$100.6m from 1Q 2022). Profit margin: 3.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.공고 • May 31Chia Hsin Cement Corporation Approves the 2022 Profit DistributionChia Hsin Cement Corporation approved the 2022 profit distribution proposal to pay a cash dividend of TWD 0.3, at the AGM held on May 30, 2023.Reported Earnings • Mar 15Full year 2022 earnings released: NT$0.28 loss per share (vs NT$1.02 profit in FY 2021)Full year 2022 results: NT$0.28 loss per share (down from NT$1.02 profit in FY 2021). Revenue: NT$2.25b (up 1.5% from FY 2021). Net loss: NT$180.8m (down 127% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Robert K. Su was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$1.37 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$1.37 in 3Q 2021). Revenue: NT$566.5m (up 1.1% from 3Q 2021). Net income: NT$265.5m (down 70% from 3Q 2021). Profit margin: 47% (down from 158% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.25 loss in 2Q 2021)Second quarter 2022 results: NT$0.62 loss per share (down from NT$0.25 loss in 2Q 2021). Revenue: NT$514.8m (down 6.5% from 2Q 2021). Net loss: NT$400.2m (loss widened 146% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 28Upcoming dividend of NT$0.65 per shareEligible shareholders must have bought the stock before 04 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.6%).공고 • Jul 15+ 1 more updateChia Hsin Cement Corporation Announces Appointment of Li-Hsing Wang as Chief Sustainability OfficerChia Hsin Cement Corporation announced the resolution of the Board of Directors' Meeting the appointment of Chief Sustainability Officer. Name, title, and resume of the previous position holder: None. Name, title, and resume of the new position holder: Li-Hsing Wang, President and CEO of Headquarters Office of Chia Hsin Cement Corporation. Effective date is July 13, 2022.공고 • Jun 15Chia Hsin Cement Corporation Approves Cash Dividend for the Year 2021Chia Hsin Cement Corporation held its shareholders meeting on June 14, 2022, To approve the 2021 profit distribution proposal to issue a cash dividend of TWD 0.65 per share.Reported Earnings • May 08First quarter 2022 earnings released: NT$0.12 loss per share (vs NT$0.20 loss in 1Q 2021)First quarter 2022 results: NT$0.12 loss per share (up from NT$0.20 loss in 1Q 2021). Revenue: NT$512.6m (down 5.9% from 1Q 2021). Net loss: NT$80.6m (loss narrowed 37% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Robert K. Su was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.37 (vs NT$0.93 in 3Q 2020)Third quarter 2021 results: Revenue: NT$560.3m (up 14% from 3Q 2020). Net income: NT$886.6m (up 49% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 01Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 07 October 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (7.1%).Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.25 loss per share (vs NT$0.22 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$550.4m (up 11% from 2Q 2020). Net loss: NT$162.5m (down 215% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2021 earnings released: NT$0.20 loss per share (vs NT$0.33 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$544.5m (up 9.9% from 1Q 2020). Net loss: NT$127.1m (loss narrowed 40% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.74 (vs NT$1.10 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.06b (up 9.3% from FY 2019). Net income: NT$1.76b (up 149% from FY 2019). Profit margin: 86% (up from 38% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.분석 기사 • Mar 24Is Chia Hsin Cement (TPE:1103) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공고 • Mar 16Chia Hsin Cement Corporation (TSEC:1103) entered into a contract to acquire The Partners Fund for $3 million.Chia Hsin Cement Corporation (TSEC:1103) entered into a contract to acquire The Partners Fund for $3 million on March 15, 2021.분석 기사 • Mar 03Are Dividend Investors Making A Mistake With Chia Hsin Cement Corporation (TPE:1103)?Could Chia Hsin Cement Corporation ( TPE:1103 ) be an attractive dividend share to own for the long haul? Investors are...분석 기사 • Feb 10A Look At The Intrinsic Value Of Chia Hsin Cement Corporation (TPE:1103)How far off is Chia Hsin Cement Corporation ( TPE:1103 ) from its intrinsic value? Using the most recent financial...분석 기사 • Jan 21Did You Participate In Any Of Chia Hsin Cement's (TPE:1103) Fantastic 124% Return ?Chia Hsin Cement Corporation ( TPE:1103 ) shareholders might be concerned after seeing the share price drop 12% in the...Is New 90 Day High Low • Jan 04New 90-day high: NT$19.20The company is up 21% from its price of NT$15.90 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 5.0% over the same period.분석 기사 • Jan 03What Type Of Shareholders Own The Most Number of Chia Hsin Cement Corporation (TPE:1103) Shares?The big shareholder groups in Chia Hsin Cement Corporation ( TPE:1103 ) have power over the company. Large companies...분석 기사 • Dec 16Does Chia Hsin Cement (TPE:1103) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Dec 16New 90-day high: NT$18.45The company is up 11% from its price of NT$16.55 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is flat over the same period.분석 기사 • Nov 19Is Chia Hsin Cement Corporation (TPE:1103) A Strong Dividend Stock?Is Chia Hsin Cement Corporation (TPE:1103) a good dividend stock? How can we tell? Dividend paying companies with...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.93Third quarter 2020 results: Revenue: NT$489.2m (up 3.5% from 3Q 2019). Net income: NT$595.5m (down 21% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.공고 • Nov 12Chia Hsin Cement Corporation (TSEC:1103) agreed to acquire 23.1% stake in L'Hotel de Chine Corporation from CTBC Securities Investment Trust Co., Ltd. for TWD 1.16 billion.Chia Hsin Cement Corporation (TSEC:1103) agreed to acquire 23.1% stake in L'Hotel de Chine Corporation from CTBC Securities Investment Trust Co., Ltd. for TWD 1.16 billion on November 11, 2020. Under the terms, Chia Hsin Cement will pay TWD 17.02 for each shares of L'Hotel. Transaction will be financed by operational capital. As of November 11, 2020, Board of Directors of Chia Hsin Cement approved the transaction. JIN,CHANG-MIN of KenwillCPA United CPAS Firm acted as accountant for Chia Hsin Cement.Is New 90 Day High Low • Oct 30New 90-day low: NT$15.60The company is down 6.0% from its price of NT$16.60 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is flat over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$15.65The company is down 11% from its price of NT$17.60 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 1.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 1103 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 1103 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Chia Hsin Cement 배당 수익률 vs 시장1103의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (1103)4.0%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.0%업계 평균 (Basic Materials)5.2%분석가 예측 (1103) (최대 3년)n/a주목할만한 배당금: 1103 의 배당금( 4.04% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.53% )보다 높습니다.고배당: 1103 의 배당금( 4.04% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.04% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 129.6% )이 높기 때문에 1103 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 170.4% )이 높기 때문에 1103 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/22 12:53종가2026/07/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Chia Hsin Cement Corporation는 2명의 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 AdvisoryJosephine HoNomura Securities Co. Ltd.
Declared Dividend • Jul 08Dividend reduced to NT$0.52Dividend of NT$0.52 is 5.3% lower than last year. Ex-date: 23rd July 2026 Payment date: 21st August 2026 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 21 August 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (5.1%).
Declared Dividend • Jun 28Dividend increased to NT$0.55Dividend of NT$0.55 is 10% higher than last year. Ex-date: 24th July 2025 Payment date: 21st August 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 12Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).
Declared Dividend • Jun 27Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 14x earnings) and 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. The company's earnings per share (EPS) would need to grow by 1,535% to bring the payout ratio under control. However, EPS has declined by 44% over the last 5 years so the company would need to reverse this trend.
공고 • May 25Chia Hsin Cement Corporation Approves Cash Dividend for 2023Chia Hsin Cement Corporation approved cash dividend of TWD 0.5 per share for 2023.
Declared Dividend • Jul 08Dividend reduced to NT$0.52Dividend of NT$0.52 is 5.3% lower than last year. Ex-date: 23rd July 2026 Payment date: 21st August 2026 Dividend yield will be 3.9%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (130% earnings payout ratio) nor is it covered by cash flows (170% cash payout ratio). The dividend has increased by an average of 19% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 44% to bring the payout ratio under control. However, EPS has declined by 22% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 14First quarter 2026 earnings released: EPS: NT$0.079 (vs NT$0.13 in 1Q 2025)First quarter 2026 results: EPS: NT$0.079 (down from NT$0.13 in 1Q 2025). Revenue: NT$688.4m (down 8.5% from 1Q 2025). Net income: NT$51.8m (down 38% from 1Q 2025). Profit margin: 7.5% (down from 11% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
New Risk • Mar 22New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 25% 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 130% Cash payout ratio: 336% Earnings have declined by 46% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.84 (vs NT$0.48 in FY 2024)Full year 2025 results: EPS: NT$0.84 (up from NT$0.48 in FY 2024). Revenue: NT$3.02b (up 1.0% from FY 2024). Net income: NT$556.3m (up 74% from FY 2024). Profit margin: 18% (up from 11% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공고 • Mar 06Chia Hsin Cement Corporation, Annual General Meeting, May 22, 2026Chia Hsin Cement Corporation, Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: 7 floor no,66, wu kung rd., sinjhuang district, new taipei city Taiwan
New Risk • Nov 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.3% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 130% Cash payout ratio: 95% Earnings have declined by 46% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin).
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.73 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.04 (up from NT$0.73 in 3Q 2024). Revenue: NT$723.7m (down 6.7% from 3Q 2024). Net income: NT$687.6m (up 42% from 3Q 2024). Profit margin: 95% (up from 63% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
New Risk • Aug 15New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 462% Cash payout ratio: 111% Dividend yield: 4.0% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 462% Cash payout ratio: 111% Earnings have declined by 42% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.44 loss per share (vs NT$0.11 profit in 2Q 2024)Second quarter 2025 results: NT$0.44 loss per share (down from NT$0.11 profit in 2Q 2024). Revenue: NT$768.5m (up 4.1% from 2Q 2024). Net loss: NT$291.9m (down NT$363.9m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 17Upcoming dividend of NT$0.55 per shareEligible shareholders must have bought the stock before 24 July 2025. Payment date: 21 August 2025. Payout ratio is on the higher end at 82%, however this is supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (5.1%).
Declared Dividend • Jun 28Dividend increased to NT$0.55Dividend of NT$0.55 is 10% higher than last year. Ex-date: 24th July 2025 Payment date: 21st August 2025 Dividend yield will be 3.7%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but not covered by cash flows (102% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.6% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • May 17Chia Hsin Cement Corporation Approves Board ElectionsChia Hsin Cement Corporation announced that at its AGM held on May 16, 2025, the shareholders approved election of Director: Jason K. L. Chang; Director: Tong Yang Chia Hsin Int'l Corp.-Alec Jun-Ci Chang; Director: Chen-Ching Chen; Independent Director: Pao-Chu Lin; Independent Director: Kevin Kuo-I Chen; Independent Director: Mei-Ling Chang.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.13 (vs NT$0.059 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.13 (up from NT$0.059 loss in 1Q 2024). Revenue: NT$752.5m (up 7.6% from 1Q 2024). Net income: NT$83.2m (up NT$121.9m from 1Q 2024). Profit margin: 11% (up from net loss in 1Q 2024). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공고 • May 01Chia Hsin Cement Corporation to Report Q1, 2025 Results on May 08, 2025Chia Hsin Cement Corporation announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$13.50, the stock trades at a trailing P/E ratio of 27.9x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total loss to shareholders of 27% over the past three years.
New Risk • Mar 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 21% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 35% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (92% cash payout ratio). Large one-off items impacting financial results.
공고 • Feb 26Chia Hsin Cement Corporation, Annual General Meeting, May 16, 2025Chia Hsin Cement Corporation, Annual General Meeting, May 16, 2025, at 09:00 Taipei Standard Time. Location: 7 floor no,66, wu kung rd., sinjhuang district, new taipei city Taiwan
공고 • Feb 19Chia Hsin Cement Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Chia Hsin Cement Corporation announced that they will report fiscal year 2024 results on Feb 25, 2025
분석 기사 • Nov 20Shareholders Will Be Pleased With The Quality of Chia Hsin Cement's (TWSE:1103) EarningsThe subdued stock price reaction suggests that Chia Hsin Cement Corporation's ( TWSE:1103 ) strong earnings didn't...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.74 (vs NT$0.18 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.74 (up from NT$0.18 in 3Q 2023). Revenue: NT$775.7m (up 5.0% from 3Q 2023). Net income: NT$484.6m (up 313% from 3Q 2023). Profit margin: 63% (up from 16% in 3Q 2023). The increase in margin was primarily 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 72 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.003 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (up from NT$0.003 loss in 2Q 2023). Revenue: NT$738.3m (up 1.8% from 2Q 2023). Net income: NT$72.0m (up NT$74.0m from 2Q 2023). Profit margin: 9.8% (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 94 percentage points per year, which is a significant difference in performance.
공고 • Aug 02Chia Hsin Cement Corporation to Report Q2, 2024 Results on Aug 08, 2024Chia Hsin Cement Corporation announced that they will report Q2, 2024 results on Aug 08, 2024
Upcoming Dividend • Jul 12Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 16 August 2024. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).
Declared Dividend • Jun 27Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 18th July 2024 Payment date: 16th August 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.4%. Sustainability & Growth Dividend is not covered by earnings (dividend approximately 14x earnings) and 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. The company's earnings per share (EPS) would need to grow by 1,535% to bring the payout ratio under control. However, EPS has declined by 44% over the last 5 years so the company would need to reverse this trend.
New Risk • Jun 04New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 114% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% 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. Payout ratio: 114% Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
공고 • May 25Chia Hsin Cement Corporation Approves Cash Dividend for 2023Chia Hsin Cement Corporation approved cash dividend of TWD 0.5 per share for 2023.
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.03 profit in 1Q 2023)First quarter 2024 results: NT$0.06 loss per share (down from NT$0.03 profit in 1Q 2023). Revenue: NT$699.1m (up 7.3% from 1Q 2023). Net loss: NT$38.7m (down 294% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
분석 기사 • Mar 12Chia Hsin Cement's (TWSE:1103) Solid Earnings Are Supported By Other Strong FactorsEven though Chia Hsin Cement Corporation's ( TWSE:1103 ) recent earnings release was robust, the market didn't seem to...
New Risk • Mar 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 13% per year over the past 5 years. Minor Risk Large one-off items impacting financial results.
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$0.12 (vs NT$0.27 loss in FY 2022)Full year 2023 results: EPS: NT$0.12 (up from NT$0.27 loss in FY 2022). Revenue: NT$2.91b (up 29% from FY 2022). Net income: NT$81.1m (up NT$261.8m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). 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 93 percentage points per year, which is a significant difference in performance.
공고 • Feb 28Chia Hsin Cement Corporation, Annual General Meeting, May 24, 2024Chia Hsin Cement Corporation, Annual General Meeting, May 24, 2024. Location: 6F., No.66, Wugong Rd., Xinzhuang Dist. New Taipei City 242 Gala De Chine Xinzhuang,Jindeng Room Taipei Taiwan Agenda: To report 2023 employees and directors compensation; to report 2023 business and financial statements; to report audit committee's review of 2023 business and financial statements; to report 2023 directors' remuneration; to approve 2023 business and financial statements; to approve 2023 earnings distribution; and to consider other issues.
공고 • Dec 16Chia Hsin Cement Corporation Appoints Li-Hsing Wang as Chief Information Security OfficerChia Hsin Cement Corporation announced the appointment of Li-Hsing Wang as Chief Information Security officer, effective from December 15, 2023.
Upcoming Dividend • Jul 20Upcoming dividend of NT$0.30 per share at 1.4% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 31 August 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.2%).
Reported Earnings • Jul 06First quarter 2023 earnings released: EPS: NT$0.031 (vs NT$0.13 loss in 1Q 2022)First quarter 2023 results: EPS: NT$0.031 (up from NT$0.13 loss in 1Q 2022). Revenue: NT$651.4m (up 27% from 1Q 2022). Net income: NT$20.0m (up NT$100.6m from 1Q 2022). Profit margin: 3.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
공고 • May 31Chia Hsin Cement Corporation Approves the 2022 Profit DistributionChia Hsin Cement Corporation approved the 2022 profit distribution proposal to pay a cash dividend of TWD 0.3, at the AGM held on May 30, 2023.
Reported Earnings • Mar 15Full year 2022 earnings released: NT$0.28 loss per share (vs NT$1.02 profit in FY 2021)Full year 2022 results: NT$0.28 loss per share (down from NT$1.02 profit in FY 2021). Revenue: NT$2.25b (up 1.5% from FY 2021). Net loss: NT$180.8m (down 127% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Robert K. Su was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$1.37 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$1.37 in 3Q 2021). Revenue: NT$566.5m (up 1.1% from 3Q 2021). Net income: NT$265.5m (down 70% from 3Q 2021). Profit margin: 47% (down from 158% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year.
Reported Earnings • Aug 17Second quarter 2022 earnings released: NT$0.62 loss per share (vs NT$0.25 loss in 2Q 2021)Second quarter 2022 results: NT$0.62 loss per share (down from NT$0.25 loss in 2Q 2021). Revenue: NT$514.8m (down 6.5% from 2Q 2021). Net loss: NT$400.2m (loss widened 146% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 28Upcoming dividend of NT$0.65 per shareEligible shareholders must have bought the stock before 04 August 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.6%).
공고 • Jul 15+ 1 more updateChia Hsin Cement Corporation Announces Appointment of Li-Hsing Wang as Chief Sustainability OfficerChia Hsin Cement Corporation announced the resolution of the Board of Directors' Meeting the appointment of Chief Sustainability Officer. Name, title, and resume of the previous position holder: None. Name, title, and resume of the new position holder: Li-Hsing Wang, President and CEO of Headquarters Office of Chia Hsin Cement Corporation. Effective date is July 13, 2022.
공고 • Jun 15Chia Hsin Cement Corporation Approves Cash Dividend for the Year 2021Chia Hsin Cement Corporation held its shareholders meeting on June 14, 2022, To approve the 2021 profit distribution proposal to issue a cash dividend of TWD 0.65 per share.
Reported Earnings • May 08First quarter 2022 earnings released: NT$0.12 loss per share (vs NT$0.20 loss in 1Q 2021)First quarter 2022 results: NT$0.12 loss per share (up from NT$0.20 loss in 1Q 2021). Revenue: NT$512.6m (down 5.9% from 1Q 2021). Net loss: NT$80.6m (loss narrowed 37% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 1 experienced director. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Robert K. Su was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.37 (vs NT$0.93 in 3Q 2020)Third quarter 2021 results: Revenue: NT$560.3m (up 14% from 3Q 2020). Net income: NT$886.6m (up 49% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 01Upcoming dividend of NT$1.40 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 07 October 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (7.1%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.25 loss per share (vs NT$0.22 profit in 2Q 2020)The company reported a soft second quarter result with weaker earnings and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$550.4m (up 11% from 2Q 2020). Net loss: NT$162.5m (down 215% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2021 earnings released: NT$0.20 loss per share (vs NT$0.33 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$544.5m (up 9.9% from 1Q 2020). Net loss: NT$127.1m (loss narrowed 40% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$2.74 (vs NT$1.10 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.06b (up 9.3% from FY 2019). Net income: NT$1.76b (up 149% from FY 2019). Profit margin: 86% (up from 38% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings.
분석 기사 • Mar 24Is Chia Hsin Cement (TPE:1103) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공고 • Mar 16Chia Hsin Cement Corporation (TSEC:1103) entered into a contract to acquire The Partners Fund for $3 million.Chia Hsin Cement Corporation (TSEC:1103) entered into a contract to acquire The Partners Fund for $3 million on March 15, 2021.
분석 기사 • Mar 03Are Dividend Investors Making A Mistake With Chia Hsin Cement Corporation (TPE:1103)?Could Chia Hsin Cement Corporation ( TPE:1103 ) be an attractive dividend share to own for the long haul? Investors are...
분석 기사 • Feb 10A Look At The Intrinsic Value Of Chia Hsin Cement Corporation (TPE:1103)How far off is Chia Hsin Cement Corporation ( TPE:1103 ) from its intrinsic value? Using the most recent financial...
분석 기사 • Jan 21Did You Participate In Any Of Chia Hsin Cement's (TPE:1103) Fantastic 124% Return ?Chia Hsin Cement Corporation ( TPE:1103 ) shareholders might be concerned after seeing the share price drop 12% in the...
Is New 90 Day High Low • Jan 04New 90-day high: NT$19.20The company is up 21% from its price of NT$15.90 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 5.0% over the same period.
분석 기사 • Jan 03What Type Of Shareholders Own The Most Number of Chia Hsin Cement Corporation (TPE:1103) Shares?The big shareholder groups in Chia Hsin Cement Corporation ( TPE:1103 ) have power over the company. Large companies...
분석 기사 • Dec 16Does Chia Hsin Cement (TPE:1103) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Dec 16New 90-day high: NT$18.45The company is up 11% from its price of NT$16.55 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is flat over the same period.
분석 기사 • Nov 19Is Chia Hsin Cement Corporation (TPE:1103) A Strong Dividend Stock?Is Chia Hsin Cement Corporation (TPE:1103) a good dividend stock? How can we tell? Dividend paying companies with...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.93Third quarter 2020 results: Revenue: NT$489.2m (up 3.5% from 3Q 2019). Net income: NT$595.5m (down 21% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
공고 • Nov 12Chia Hsin Cement Corporation (TSEC:1103) agreed to acquire 23.1% stake in L'Hotel de Chine Corporation from CTBC Securities Investment Trust Co., Ltd. for TWD 1.16 billion.Chia Hsin Cement Corporation (TSEC:1103) agreed to acquire 23.1% stake in L'Hotel de Chine Corporation from CTBC Securities Investment Trust Co., Ltd. for TWD 1.16 billion on November 11, 2020. Under the terms, Chia Hsin Cement will pay TWD 17.02 for each shares of L'Hotel. Transaction will be financed by operational capital. As of November 11, 2020, Board of Directors of Chia Hsin Cement approved the transaction. JIN,CHANG-MIN of KenwillCPA United CPAS Firm acted as accountant for Chia Hsin Cement.
Is New 90 Day High Low • Oct 30New 90-day low: NT$15.60The company is down 6.0% from its price of NT$16.60 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is flat over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$15.65The company is down 11% from its price of NT$17.60 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Basic Materials industry, which is up 1.0% over the same period.