View ValuationEternal Materials 향후 성장Future 기준 점검 0/6Eternal Materials의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Chemicals 이익 성장51.9%매출 성장률13.6%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트10 Apr 2026최근 향후 성장 업데이트Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • 10hNow 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$79.90. The fair value is estimated to be NT$63.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Apr 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 26 May 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.80, the stock trades at a trailing P/E ratio of 52.3x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$35.10 per share.Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.공시 • Mar 16Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city TaiwanDeclared Dividend • Mar 16Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 24th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 11% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.New Risk • Mar 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (123% cash payout ratio).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.공시 • Mar 14Eternal Materials Co., Ltd. announces Annual dividend, payable on May 26, 2026Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 26, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 46.1x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 140% over the past three years.New Risk • Jan 06New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 33.9x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.New Risk • Nov 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.New Risk • Aug 18New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Jun 26Eternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced the board changes. Title and name of the previous position holder: Director: Yang, Huai-Kung. Independent Director: Chen, I-Heng. Resume of the previous position holder: Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company). Independent Director: Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Title and name of the new position holder: Director: Yang, Chin Ying. Independent Director: Chen, Ting-Yuan. Resume of the new position holder: Director: Yang, Chin Ying, (MBA, University of Dallas, Vice President of ABN AMRO Holding N.V.). Independent Director: Chen, Ting-Yuan (Bachelor of Forestry, National Chung Hsing University, Chairman of Chenta Precision Machinery Industrial Inc.). Effective date of the new appointment is on June 25, 2025.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공시 • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Upcoming Dividend • Apr 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 April 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$23.75, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 31% over the past three years.Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.28 in FY 2023). Revenue: NT$44.2b (up 4.1% from FY 2023). Net income: NT$1.83b (up 22% from FY 2023). Profit margin: 4.2% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Mar 18Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan분석 기사 • Mar 17Eternal Materials' (TWSE:1717) Dividend Will Be Increased To NT$1.20Eternal Materials Co., Ltd. ( TWSE:1717 ) has announced that it will be increasing its periodic dividend on the 23rd of...Declared Dividend • Mar 17Dividend increased to NT$1.20Dividend of NT$1.20 is 50% higher than last year. Ex-date: 24th April 2025 Payment date: 23rd May 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (185% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.7% EPS decline seen over the last 5 years.공시 • Mar 15Eternal Materials Co., Ltd. announces Annual dividend, payable on May 23, 2025Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 23, 2025, ex-date on April 24, 2025 and record date on April 26, 2025.New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.39 (down from NT$0.51 in 3Q 2023). Revenue: NT$11.3b (flat on 3Q 2023). Net income: NT$456.6m (down 24% from 3Q 2023). Profit margin: 4.0% (down from 5.3% in 3Q 2023). 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 8% per year, which means it has not declined as severely as earnings.분석 기사 • Sep 04Eternal Materials (TWSE:1717) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.30 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (up from NT$0.30 in 2Q 2023). Revenue: NT$11.6b (up 6.6% from 2Q 2023). Net income: NT$445.5m (up 25% from 2Q 2023). Profit margin: 3.9% (up from 3.3% 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 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.분석 기사 • Aug 06The Returns At Eternal Materials (TWSE:1717) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...공시 • Aug 02Eternal Materials Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Eternal Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.38 (up from NT$0.12 in 1Q 2023). Revenue: NT$10.0b (up 4.6% from 1Q 2023). Net income: NT$445.7m (up 226% from 1Q 2023). Profit margin: 4.4% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.공시 • May 11Eternal Materials Co., Ltd. Announces Change of Chief Operating Officer of the New Business Development Unit, Effective May 13, 2024Eternal Materials Co., Ltd. announced change of Chief Operating Officer of the New Business Development Unit of the Company. Name, title, and resume of the previous position holder: Pan, Chin-Cheng (Chief Operating Officer of High Performance Materials Division of the Company is hold concurrently of the position of Chief Operating Officer of the New Business Development Unit of the Company). Name, title, and resume of the new position holder: Mao, Hui-Kuan (President and Chief Operating Officer of the Company). Type of the change: Position Adjustment. Reason for the change: For business needs. Effective date: May 13, 2024.공시 • May 05Eternal Materials Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Eternal Materials Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (4.0%).분석 기사 • Apr 02Here's What To Make Of Eternal Materials' (TWSE:1717) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...공시 • Mar 09+ 1 more updateEternal Materials Co., Ltd. Announces Cash Dividend, Payable on May 24, 2024Eternal Materials Co., Ltd. announced appropriations of earnings in cash dividends to shareholders TWD 942,612,387. Ex-rights (ex-dividend) trading date is April 25, 2024; Ex-rights (ex-dividend) record date is May 05, 2024; Payment date of common stock cash dividend distribution is May 24, 2024.분석 기사 • Feb 29Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...공시 • Nov 11Eternal Materials Co., Ltd. Establishes Nominating Committee and Appointment of Its MembersEternal Materials Co., Ltd. Established Nominating Committee and Appointment of Its Members. Name of the new position holder: (1)Hung, Lee-Jung (2)Chen, Yi-Heng (3)Lo, Li-Chun (4)Lu, Chun-Cheng. 6.Resume of the new position holder: (1)The Company's Independent Director (2)The Company's Independent Director (3)The Company's Independent Director (4)The Company's Independent Director. Effective date of the new member: November 10, 2023.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.New Risk • Jun 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.0% 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: Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin).Upcoming Dividend • Mar 22Upcoming dividend of NT$1.20 per share at 3.8% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.4%).Reported Earnings • Mar 12Full year 2022 earnings released: EPS: NT$2.15 (vs NT$3.01 in FY 2021)Full year 2022 results: EPS: NT$2.15 (down from NT$3.01 in FY 2021). Revenue: NT$49.0b (down 2.9% from FY 2021). Net income: NT$2.62b (down 26% from FY 2021). Profit margin: 5.3% (down from 7.0% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$0.83 in 3Q 2021). Revenue: NT$11.7b (down 10% from 3Q 2021). Net income: NT$487.8m (down 50% from 3Q 2021). Profit margin: 4.2% (down from 7.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.1%).Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.72 (down from NT$0.87 in 2Q 2021). Revenue: NT$13.2b (flat on 2Q 2021). Net income: NT$891.0m (down 17% from 2Q 2021). Profit margin: 6.8% (down from 8.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공시 • Aug 04+ 1 more updateEternal Materials Co., Ltd. Appoints Chu, Jui-Hsin as Chief Information Security Officer, Effective September 1, 2022Eternal Materials Co., Ltd. announced Chu, Jui-Hsin, Chief Administration Officer of the Company as Chief Information Security Officer, effective date is September 1, 2022.Upcoming Dividend • Jul 21Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.2%).Board Change • Jul 03Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.공시 • Jun 25+ 2 more updatesEternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced that title and name of the previous position holder: Director: name and resume of the previous position holder: Director: Kao, Kuo-Lun (Master at University of Southern California, Chairman & CEO of the Company) Director; Kwang Yang Motor Co., Ltd., Representative: Ko, Chun-Ping (Master of Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of New E Materials Co., Ltd.) Director; Kao, Ying-Chih, (Bachelor of Chung Yuan Christian University, Chairman of Orchard Corporation of Taiwan, Director of the Company) Director; Yang, Huai-Kung, (Bachelor of Soochow University, VP & Director of the Company) Direcor; Hsieh, Chin-Kun, (Master of National Sun Yat-Sen University, Consultant, Vice-Chairman, President, COO, Co-CEO of the Company) Director; Shiao, Tzu-Fei, (Master of National Chengchi University, Consultant, Chief Strategy Officer and director of the Company) Director; Yen, Shu-Fen, (Bachelor of National Cheng Kung University, VP, Consultant of the Company) Independent Director; Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director; Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director; Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Name and resume of the new position holder: Director: Kao, Kuo-Lun (MBA, University of Southern California, Chairman & CEO of the Company) Director: Kwang Yang Motor Co. Ltd., Representative: Ko, Chun-Ping(Master of Management Science, Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of the Board of New E Materials Co., Ltd.) Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company) Director: Chen, Jau-Shiuh, (Bachelor of Medicine, National Taiwan University, Visiting Physician at Dept. of Dermatology at NTU Hospital) Director: Kao, Kuo-Hsun, (MBA, City University of Seattle, Director of Chengfu International Investment Co., Ltd.) Director: Huang, Shun-Jen, (Master of Chemistry, National Tsing Hua University, VP, CTO of the Company) Director: Chen, Chin-Yuan, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Director: Liao, Heng-Ning, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Independent Director: Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director: Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director:Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University) Independent Director: Lu, Chun-Cheng, (Master of Law, National ChengchiUniversity, Partner of Huili International Law firm). Effective date of new appointment is June 23, 2022.Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.67 in 1Q 2021)First quarter 2022 results: EPS: NT$0.72 (up from NT$0.67 in 1Q 2021). Revenue: NT$12.4b (up 10% from 1Q 2021). Net income: NT$888.5m (up 7.7% from 1Q 2021). Profit margin: 7.2% (down from 7.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.86 (up from NT$2.05 in FY 2020). Revenue: NT$50.5b (up 32% from FY 2020). Net income: NT$3.55b (up 40% from FY 2020). Profit margin: 7.0% (up from 6.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.6% while the industry in Taiwan is not expected to grow. 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 14% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 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$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 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$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.2b (up 48% from 2Q 2020). Net income: NT$1.07b (up 65% from 2Q 2020). Profit margin: 8.1% (up from 7.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 26 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$40.75, the stock trades at a trailing P/E ratio of 16x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 71% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 47% from 1Q 2020). Net income: NT$824.6m (up 290% from 1Q 2020). Profit margin: 7.4% (up from 2.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.80, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 98% over the past three years.분석 기사 • Apr 21Return Trends At Eternal Materials (TPE:1717) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$2.05 (vs NT$1.99 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$38.4b (down 4.9% from FY 2019). Net income: NT$2.54b (up 3.1% from FY 2019). Profit margin: 6.6% (up from 6.1% 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 9% per year and the company’s share price has also increased by 9% per year.분석 기사 • Mar 16Eternal Materials Co., Ltd.'s (TPE:1717) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Eternal Materials' (TPE:1717) stock increased significantly by 5.3% over the...분석 기사 • Mar 01Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...Executive Departure • Feb 15Chief Strategy Officer & Director has left the companyOn the 12th of February, Tzu-Fei Shiao's tenure as Chief Strategy Officer & Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Tzu-Fei's name. A total of 2 executives have left over the last 12 months.분석 기사 • Feb 14Is Eternal Materials Co., Ltd. (TPE:1717) The Right Choice For A Smart Dividend Investor?Is Eternal Materials Co., Ltd. ( TPE:1717 ) a good dividend stock? How can we tell? Dividend paying companies with...분석 기사 • Feb 01Here's Why Eternal Materials (TPE:1717) Can Manage Its Debt ResponsiblySome 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 • Jan 29New 90-day low: NT$33.25The company is down 1.0% from its price of NT$33.65 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.분석 기사 • Jan 19Calculating The Intrinsic Value Of Eternal Materials Co., Ltd. (TPE:1717)How far off is Eternal Materials Co., Ltd. ( TPE:1717 ) from its intrinsic value? Using the most recent financial data...분석 기사 • Jan 04The Returns At Eternal Materials (TPE:1717) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...공시 • Dec 26+ 1 more updateEternal Materials Co., Ltd. Appoints Liao, Hen-Ning as Chief Purchasing Officer, with Effect from January 01, 2021Eternal Materials Co., Ltd. announced the appointment of Liao, Hen-Ning as Chief Purchasing Officer, effective Jan 1, 2021.Is New 90 Day High Low • Dec 23New 90-day high: NT$36.90The company is up 13% from its price of NT$32.75 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period.분석 기사 • Dec 20Can You Imagine How Eternal Materials' (TPE:1717) Shareholders Feel About The 38% Share Price Increase?The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking...분석 기사 • Dec 05Do Fundamentals Have Any Role To Play In Driving Eternal Materials Co., Ltd.'s (TPE:1717) Stock Up Recently?Most readers would already know that Eternal Materials' (TPE:1717) stock increased by 5.4% over the past three months...Is New 90 Day High Low • Nov 26New 90-day high: NT$35.50The company is up 3.0% from its price of NT$34.45 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.분석 기사 • Nov 20Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.72The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$9.89b (down 5.0% from 3Q 2019). Net income: NT$896.2m (up 56% from 3Q 2019). Profit margin: 9.1% (up from 5.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.이익 및 매출 성장 예측TWSE:1717 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202751,466N/AN/A8,108112/31/202649,521N/A2,5234,36223/31/202640,8671,7351,7494,446N/A12/31/202540,6851,6561,1534,265N/A9/30/202541,8291,7632,0965,245N/A6/30/202543,0661,6451,2274,660N/A3/31/202544,2311,7381,0694,765N/A12/31/202444,1911,8351,0244,612N/A9/30/202443,6831,7575094,205N/A6/30/202443,6171,9001,7895,321N/A3/31/202442,8971,8131,4534,792N/A12/31/202342,4521,5043,3606,514N/A9/30/202343,4641,4453,9176,796N/A6/30/202343,8911,3334,7827,739N/A3/31/202346,2261,8665,0488,029N/A12/31/202249,0142,6183,7786,581N/A9/30/202250,2912,9372,2445,083N/A6/30/202251,6073,4305323,058N/A3/31/202251,6333,613-8311,308N/A12/31/202150,4713,549-1,308750N/A9/30/202149,3203,665-1,496257N/A6/30/202146,1983,580791,754N/A3/31/202141,9433,1561,4223,060N/A12/31/202038,3702,5432,5334,148N/A9/30/202036,6462,3113,2054,880N/A6/30/202037,1631,9893,0984,852N/A3/31/202038,5551,9473,2965,160N/A12/31/201940,3632,466N/A4,946N/A9/30/201940,6382,117N/A5,276N/A6/30/201941,3941,971N/A5,216N/A3/31/201942,8222,042N/A4,193N/A12/31/201843,3001,551N/A2,883N/A9/30/201843,9952,020N/A1,500N/A6/30/201844,1862,042N/A-597N/A3/31/201842,2801,663N/A-1,242N/A12/31/201741,5511,910N/A-468N/A9/30/201740,7971,693N/A429N/A6/30/201739,2411,978N/A750N/A3/31/201739,3022,555N/A2,647N/A12/31/201638,6802,626N/A2,794N/A9/30/201637,8453,064N/A4,886N/A6/30/201637,9243,113N/A5,979N/A3/31/201637,9322,892N/A5,147N/A12/31/201538,4872,872N/A5,886N/A9/30/201539,2202,603N/A4,074N/A6/30/201540,1312,519N/A3,539N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 1717 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 1717 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 1717 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 1717 의 수익(연간 13.6%)이 TW 시장(연간 18.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 1717 의 수익(연간 13.6%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 1717의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 18:57종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Eternal Materials Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jianzheng WuCapital Securities CorporationYuhan ChengMasterlink Securities Investment Advisory
Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.
Buy Or Sell Opportunity • 10hNow 26% overvalued after recent price riseOver the last 90 days, the stock has risen 41% to NT$79.90. The fair value is estimated to be NT$63.58, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 2.5% over the last 3 years. Earnings per share has grown by 3.8%.
Reported Earnings • May 19First quarter 2026 earnings released: EPS: NT$0.37 (vs NT$0.30 in 1Q 2025)First quarter 2026 results: EPS: NT$0.37 (up from NT$0.30 in 1Q 2025). Revenue: NT$10.2b (up 1.8% from 1Q 2025). Net income: NT$428.3m (up 23% from 1Q 2025). Profit margin: 4.2% (up from 3.5% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 8.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Apr 17Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 24 April 2026. Payment date: 26 May 2026. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$73.80, the stock trades at a trailing P/E ratio of 52.3x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 147% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$35.10 per share.
Price Target Changed • Mar 20Price target increased by 81% to NT$80.00Up from NT$44.21, the current price target is provided by 1 analyst. New target price is 20% above last closing price of NT$66.70. Stock is up 125% over the past year. The company posted earnings per share of NT$1.41 last year.
공시 • Mar 16Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026Eternal Materials Co., Ltd., Annual General Meeting, Jun 26, 2026, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan
Declared Dividend • Mar 16Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 24th April 2026 Payment date: 26th May 2026 Dividend yield will be 1.6%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (123% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 11% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.2% EPS decline seen over the last 5 years.
New Risk • Mar 15New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 50% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 18% per year over the past 5 years. Minor Risks High level of debt (50% net debt to equity). Dividend is not well covered by cash flows (123% cash payout ratio).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.41 (vs NT$1.56 in FY 2024)Full year 2025 results: EPS: NT$1.41 (down from NT$1.56 in FY 2024). Revenue: NT$40.7b (down 7.9% from FY 2024). Net income: NT$1.66b (down 9.8% from FY 2024). Profit margin: 4.1% (down from 4.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings.
공시 • Mar 14Eternal Materials Co., Ltd. announces Annual dividend, payable on May 26, 2026Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 26, 2026, ex-date on April 24, 2026 and record date on April 27, 2026.
Valuation Update With 7 Day Price Move • Feb 26Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$69.00, the stock trades at a trailing P/E ratio of 46.1x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 140% over the past three years.
New Risk • Jan 06New 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 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change).
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$50.70, the stock trades at a trailing P/E ratio of 33.9x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.
New Risk • Nov 29New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.39 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.39 in 3Q 2024). Revenue: NT$10.1b (down 11% from 3Q 2024). Net income: NT$574.6m (up 26% from 3Q 2024). Profit margin: 5.7% (up from 4.0% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.2% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
New Risk • Aug 18New 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 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks High level of debt (60% net debt to equity). Dividend is not well covered by cash flows (115% cash payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change).
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 25%After last week's 25% share price gain to NT$35.05, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 15% over the past three years.
Reported Earnings • Aug 09Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 2Q 2024). Revenue: NT$10.4b (down 10% from 2Q 2024). Net income: NT$352.9m (down 21% from 2Q 2024). Profit margin: 3.4% (down from 3.9% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Jun 26Eternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced the board changes. Title and name of the previous position holder: Director: Yang, Huai-Kung. Independent Director: Chen, I-Heng. Resume of the previous position holder: Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company). Independent Director: Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Title and name of the new position holder: Director: Yang, Chin Ying. Independent Director: Chen, Ting-Yuan. Resume of the new position holder: Director: Yang, Chin Ying, (MBA, University of Dallas, Vice President of ABN AMRO Holding N.V.). Independent Director: Chen, Ting-Yuan (Bachelor of Forestry, National Chung Hsing University, Chairman of Chenta Precision Machinery Industrial Inc.). Effective date of the new appointment is on June 25, 2025.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.38 in 1Q 2024)First quarter 2025 results: EPS: NT$0.30 (down from NT$0.38 in 1Q 2024). Revenue: NT$10.1b (flat on 1Q 2024). Net income: NT$349.2m (down 22% from 1Q 2024). Profit margin: 3.5% (down from 4.4% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공시 • May 01Eternal Materials Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Eternal Materials Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Upcoming Dividend • Apr 17Upcoming dividend of NT$1.20 per shareEligible shareholders must have bought the stock before 24 April 2025. Payment date: 23 May 2025. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%).
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$23.75, the stock trades at a trailing P/E ratio of 15.3x. Average trailing P/E is 17x in the Chemicals industry in Taiwan. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Mar 21Full year 2024 earnings released: EPS: NT$1.56 (vs NT$1.28 in FY 2023)Full year 2024 results: EPS: NT$1.56 (up from NT$1.28 in FY 2023). Revenue: NT$44.2b (up 4.1% from FY 2023). Net income: NT$1.83b (up 22% from FY 2023). Profit margin: 4.2% (up from 3.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Mar 18Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025Eternal Materials Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:30 Taipei Standard Time. Location: no,22, ch`ang hsing rd., hou hsiang li, lujhu district, kaohsiung city Taiwan
분석 기사 • Mar 17Eternal Materials' (TWSE:1717) Dividend Will Be Increased To NT$1.20Eternal Materials Co., Ltd. ( TWSE:1717 ) has announced that it will be increasing its periodic dividend on the 23rd of...
Declared Dividend • Mar 17Dividend increased to NT$1.20Dividend of NT$1.20 is 50% higher than last year. Ex-date: 24th April 2025 Payment date: 23rd May 2025 Dividend yield will be 4.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (54% earnings payout ratio) but not covered by cash flows (185% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 40% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.7% EPS decline seen over the last 5 years.
공시 • Mar 15Eternal Materials Co., Ltd. announces Annual dividend, payable on May 23, 2025Eternal Materials Co., Ltd. announced Annual dividend of TWD 1.0000 per share payable on May 23, 2025, ex-date on April 24, 2025 and record date on April 26, 2025.
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.51 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.39 (down from NT$0.51 in 3Q 2023). Revenue: NT$11.3b (flat on 3Q 2023). Net income: NT$456.6m (down 24% from 3Q 2023). Profit margin: 4.0% (down from 5.3% in 3Q 2023). 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 8% per year, which means it has not declined as severely as earnings.
분석 기사 • Sep 04Eternal Materials (TWSE:1717) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Aug 14Second quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.30 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.38 (up from NT$0.30 in 2Q 2023). Revenue: NT$11.6b (up 6.6% from 2Q 2023). Net income: NT$445.5m (up 25% from 2Q 2023). Profit margin: 3.9% (up from 3.3% 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 34% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
분석 기사 • Aug 06The Returns At Eternal Materials (TWSE:1717) Aren't GrowingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
공시 • Aug 02Eternal Materials Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Eternal Materials Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 13First quarter 2024 earnings released: EPS: NT$0.38 (vs NT$0.12 in 1Q 2023)First quarter 2024 results: EPS: NT$0.38 (up from NT$0.12 in 1Q 2023). Revenue: NT$10.0b (up 4.6% from 1Q 2023). Net income: NT$445.7m (up 226% from 1Q 2023). Profit margin: 4.4% (up from 1.4% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
공시 • May 11Eternal Materials Co., Ltd. Announces Change of Chief Operating Officer of the New Business Development Unit, Effective May 13, 2024Eternal Materials Co., Ltd. announced change of Chief Operating Officer of the New Business Development Unit of the Company. Name, title, and resume of the previous position holder: Pan, Chin-Cheng (Chief Operating Officer of High Performance Materials Division of the Company is hold concurrently of the position of Chief Operating Officer of the New Business Development Unit of the Company). Name, title, and resume of the new position holder: Mao, Hui-Kuan (President and Chief Operating Officer of the Company). Type of the change: Position Adjustment. Reason for the change: For business needs. Effective date: May 13, 2024.
공시 • May 05Eternal Materials Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Eternal Materials Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Upcoming Dividend • Apr 18Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 25 April 2024. Payment date: 24 May 2024. Payout ratio is a comfortable 63% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.6%). Lower than average of industry peers (4.0%).
분석 기사 • Apr 02Here's What To Make Of Eternal Materials' (TWSE:1717) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...
공시 • Mar 09+ 1 more updateEternal Materials Co., Ltd. Announces Cash Dividend, Payable on May 24, 2024Eternal Materials Co., Ltd. announced appropriations of earnings in cash dividends to shareholders TWD 942,612,387. Ex-rights (ex-dividend) trading date is April 25, 2024; Ex-rights (ex-dividend) record date is May 05, 2024; Payment date of common stock cash dividend distribution is May 24, 2024.
분석 기사 • Feb 29Does Eternal Materials (TWSE:1717) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
공시 • Nov 11Eternal Materials Co., Ltd. Establishes Nominating Committee and Appointment of Its MembersEternal Materials Co., Ltd. Established Nominating Committee and Appointment of Its Members. Name of the new position holder: (1)Hung, Lee-Jung (2)Chen, Yi-Heng (3)Lo, Li-Chun (4)Lu, Chun-Cheng. 6.Resume of the new position holder: (1)The Company's Independent Director (2)The Company's Independent Director (3)The Company's Independent Director (4)The Company's Independent Director. Effective date of the new member: November 10, 2023.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 15Second quarter 2023 earnings released: EPS: NT$0.30 (vs NT$0.76 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.30 (down from NT$0.76 in 2Q 2022). Revenue: NT$10.8b (down 18% from 2Q 2022). Net income: NT$357.9m (down 60% from 2Q 2022). Profit margin: 3.3% (down from 6.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
New Risk • Jun 16New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 4.0% Last year net profit margin: 7.0% 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: Minor Risks High level of debt (64% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (4.0% net profit margin).
Upcoming Dividend • Mar 22Upcoming dividend of NT$1.20 per share at 3.8% yieldEligible shareholders must have bought the stock before 29 March 2023. Payment date: 27 April 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (6.4%).
Reported Earnings • Mar 12Full year 2022 earnings released: EPS: NT$2.15 (vs NT$3.01 in FY 2021)Full year 2022 results: EPS: NT$2.15 (down from NT$3.01 in FY 2021). Revenue: NT$49.0b (down 2.9% from FY 2021). Net income: NT$2.62b (down 26% from FY 2021). Profit margin: 5.3% (down from 7.0% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.
Board Change • Nov 16Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.41 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.41 (down from NT$0.83 in 3Q 2021). Revenue: NT$11.7b (down 10% from 3Q 2021). Net income: NT$487.8m (down 50% from 3Q 2021). Profit margin: 4.2% (down from 7.5% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 22Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 14 October 2022. Payout ratio is a comfortable 54% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.1%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.87 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.72 (down from NT$0.87 in 2Q 2021). Revenue: NT$13.2b (flat on 2Q 2021). Net income: NT$891.0m (down 17% from 2Q 2021). Profit margin: 6.8% (down from 8.1% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공시 • Aug 04+ 1 more updateEternal Materials Co., Ltd. Appoints Chu, Jui-Hsin as Chief Information Security Officer, Effective September 1, 2022Eternal Materials Co., Ltd. announced Chu, Jui-Hsin, Chief Administration Officer of the Company as Chief Information Security Officer, effective date is September 1, 2022.
Upcoming Dividend • Jul 21Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 28 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.2%).
Board Change • Jul 03Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 8 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
공시 • Jun 25+ 2 more updatesEternal Materials Co., Ltd. Announces Board ChangesEternal Materials Co., Ltd. announced that title and name of the previous position holder: Director: name and resume of the previous position holder: Director: Kao, Kuo-Lun (Master at University of Southern California, Chairman & CEO of the Company) Director; Kwang Yang Motor Co., Ltd., Representative: Ko, Chun-Ping (Master of Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of New E Materials Co., Ltd.) Director; Kao, Ying-Chih, (Bachelor of Chung Yuan Christian University, Chairman of Orchard Corporation of Taiwan, Director of the Company) Director; Yang, Huai-Kung, (Bachelor of Soochow University, VP & Director of the Company) Direcor; Hsieh, Chin-Kun, (Master of National Sun Yat-Sen University, Consultant, Vice-Chairman, President, COO, Co-CEO of the Company) Director; Shiao, Tzu-Fei, (Master of National Chengchi University, Consultant, Chief Strategy Officer and director of the Company) Director; Yen, Shu-Fen, (Bachelor of National Cheng Kung University, VP, Consultant of the Company) Independent Director; Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director; Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director; Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University). Name and resume of the new position holder: Director: Kao, Kuo-Lun (MBA, University of Southern California, Chairman & CEO of the Company) Director: Kwang Yang Motor Co. Ltd., Representative: Ko, Chun-Ping(Master of Management Science, Tamkang University, CEO of Kwang Yang Motor Co., Ltd., Director of the Board of New E Materials Co., Ltd.) Director: Yang, Huai-Kung, (Bachelor of Accounting, Soochow University, VP, Director of the Company) Director: Chen, Jau-Shiuh, (Bachelor of Medicine, National Taiwan University, Visiting Physician at Dept. of Dermatology at NTU Hospital) Director: Kao, Kuo-Hsun, (MBA, City University of Seattle, Director of Chengfu International Investment Co., Ltd.) Director: Huang, Shun-Jen, (Master of Chemistry, National Tsing Hua University, VP, CTO of the Company) Director: Chen, Chin-Yuan, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Director: Liao, Heng-Ning, (Bachelor of Chemical Engineering, National Taiwan University, Consultant, VP, CTO, COO of BU of the Company) Independent Director: Hung, Lee-Jung, (Bachelor of Accounting of National Cheng Kung University, Fulfilled Accountant of Higher Exam of ROC Taiwan, Partner of PwC Taiwan) Independent Director: Lo, Li-Chun (Ph.D of Management, Hong Kong Polytechnic University, CEO of Protrend Global Financial Information Co., Ltd., & Protrend Management Consulting Co., Ltd.) Independent Director:Chen, I-Heng, (PH.D of HR Management & Organization Development of New York University, Professor of Institute of HR Management of National Sun Yat-Sen University) Independent Director: Lu, Chun-Cheng, (Master of Law, National ChengchiUniversity, Partner of Huili International Law firm). Effective date of new appointment is June 23, 2022.
Reported Earnings • May 15First quarter 2022 earnings released: EPS: NT$0.72 (vs NT$0.67 in 1Q 2021)First quarter 2022 results: EPS: NT$0.72 (up from NT$0.67 in 1Q 2021). Revenue: NT$12.4b (up 10% from 1Q 2021). Net income: NT$888.5m (up 7.7% from 1Q 2021). Profit margin: 7.2% (down from 7.4% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Yi-Heng Chen was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$2.86 (up from NT$2.05 in FY 2020). Revenue: NT$50.5b (up 32% from FY 2020). Net income: NT$3.55b (up 40% from FY 2020). Profit margin: 7.0% (up from 6.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.6% while the industry in Taiwan is not expected to grow. 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 14% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 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$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 08Third quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.72 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$13.0b (up 32% from 3Q 2020). Net income: NT$981.2m (up 9.5% from 3Q 2020). Profit margin: 7.5% (down from 9.1% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.52 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$13.2b (up 48% from 2Q 2020). Net income: NT$1.07b (up 65% from 2Q 2020). Profit margin: 8.1% (up from 7.3% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 27 July 2021. Payment date: 26 August 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • May 24Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$40.75, the stock trades at a trailing P/E ratio of 16x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 71% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.17 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$11.2b (up 47% from 1Q 2020). Net income: NT$824.6m (up 290% from 1Q 2020). Profit margin: 7.4% (up from 2.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 17% per year.
Valuation Update With 7 Day Price Move • Apr 30Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$45.80, the stock trades at a trailing P/E ratio of 22.3x. Average forward P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 98% over the past three years.
분석 기사 • Apr 21Return Trends At Eternal Materials (TPE:1717) Aren't AppealingWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? One common...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$2.05 (vs NT$1.99 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$38.4b (down 4.9% from FY 2019). Net income: NT$2.54b (up 3.1% from FY 2019). Profit margin: 6.6% (up from 6.1% 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 9% per year and the company’s share price has also increased by 9% per year.
분석 기사 • Mar 16Eternal Materials Co., Ltd.'s (TPE:1717) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?Most readers would already be aware that Eternal Materials' (TPE:1717) stock increased significantly by 5.3% over the...
분석 기사 • Mar 01Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Executive Departure • Feb 15Chief Strategy Officer & Director has left the companyOn the 12th of February, Tzu-Fei Shiao's tenure as Chief Strategy Officer & Director ended after 4.5 years in the role. We don't have any record of a personal shareholding under Tzu-Fei's name. A total of 2 executives have left over the last 12 months.
분석 기사 • Feb 14Is Eternal Materials Co., Ltd. (TPE:1717) The Right Choice For A Smart Dividend Investor?Is Eternal Materials Co., Ltd. ( TPE:1717 ) a good dividend stock? How can we tell? Dividend paying companies with...
분석 기사 • Feb 01Here's Why Eternal Materials (TPE:1717) Can Manage Its Debt ResponsiblySome 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 • Jan 29New 90-day low: NT$33.25The company is down 1.0% from its price of NT$33.65 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.
분석 기사 • Jan 19Calculating The Intrinsic Value Of Eternal Materials Co., Ltd. (TPE:1717)How far off is Eternal Materials Co., Ltd. ( TPE:1717 ) from its intrinsic value? Using the most recent financial data...
분석 기사 • Jan 04The Returns At Eternal Materials (TPE:1717) Provide Us With Signs Of What's To ComeThere are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'd want to identify a...
공시 • Dec 26+ 1 more updateEternal Materials Co., Ltd. Appoints Liao, Hen-Ning as Chief Purchasing Officer, with Effect from January 01, 2021Eternal Materials Co., Ltd. announced the appointment of Liao, Hen-Ning as Chief Purchasing Officer, effective Jan 1, 2021.
Is New 90 Day High Low • Dec 23New 90-day high: NT$36.90The company is up 13% from its price of NT$32.75 on 24 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Chemicals industry, which is up 14% over the same period.
분석 기사 • Dec 20Can You Imagine How Eternal Materials' (TPE:1717) Shareholders Feel About The 38% Share Price Increase?The simplest way to invest in stocks is to buy exchange traded funds. But investors can boost returns by picking...
분석 기사 • Dec 05Do Fundamentals Have Any Role To Play In Driving Eternal Materials Co., Ltd.'s (TPE:1717) Stock Up Recently?Most readers would already know that Eternal Materials' (TPE:1717) stock increased by 5.4% over the past three months...
Is New 90 Day High Low • Nov 26New 90-day high: NT$35.50The company is up 3.0% from its price of NT$34.45 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period.
분석 기사 • Nov 20Should You Be Adding Eternal Materials (TPE:1717) To Your Watchlist Today?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.72The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$9.89b (down 5.0% from 3Q 2019). Net income: NT$896.2m (up 56% from 3Q 2019). Profit margin: 9.1% (up from 5.5% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 6% per year.