View Future GrowthShihlin Paper 과거 순이익 실적과거 기준 점검 2/6Shihlin Paper은 연평균 17.4%의 비율로 수입이 증가해 온 반면, Forestry 산업은 수입이 0.9% 감소했습니다. 매출은 연평균 15.2%의 비율로 감소했습니다. Shihlin Paper의 자기자본이익률은 6.2%이고 순이익률은 219.7%입니다.핵심 정보17.36%순이익 성장률17.36%주당순이익(EPS) 성장률Forestry 산업 성장률11.20%매출 성장률-15.20%자기자본이익률6.15%순이익률219.70%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). 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 3% per year, which means it is well ahead of earnings.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공고 • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025모든 업데이트 보기Recent updatesReported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). 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 3% per year, which means it is well ahead of earnings.공고 • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공고 • Jun 21+ 2 more updatesShihlin Paper Corporation Announces Board Changes, Effective June 20, 2025On June 20, 2025, Shihlin Paper Corporation announced the elective list for the 26th term directors (including independent directors). Title and name of the previous position holder: Independent Director: Ming-Chu Chen Hsiao-Chueh Hsieh, Ming-Chien Tang Resume of the previous position holder: Independent Director: Ming-Chu Chen, Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh, Independent Director,Shihlin Paper Co. Ltd., Ming-Chien Tang, Independent Director,Shihlin Paper Co. Ltd. Title and name of the new position holder: Independent Director: Ming-Chu Chen, Hsiao-Chueh Hsieh, Zhong-Yi Chiang. Resume of the new position holder: Independent Director: Ming-Chu Chen Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh Independent Director,Shihlin Paper Co. Ltd. Zhong-Yi Chiang Independent Director, Hwatai Bank. Reason for the change: Expiration of the term and re-election of Board of Directors. Original term from June 14, 2022 to June 13, 2025. Effective date of the new appointment: June 20, 2025.New Risk • May 27New 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 8.9% 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. This is currently the only risk that has been identified for the company.Reported Earnings • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공고 • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025공고 • Mar 12Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city TaiwanReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.63 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.63 in 3Q 2023). Net income: NT$30.2m (down 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Nov 12New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$162m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (71% net profit margin). Revenue is less than US$5m (NT$162m revenue, or US$5.0m).Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.086 loss in 2Q 2023)Second quarter 2024 results: NT$0.06 loss per share (improved from NT$0.086 loss in 2Q 2023). Revenue: NT$36.5m (down 16% from 2Q 2023). Net loss: NT$16.6m (loss narrowed 25% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공고 • Aug 03Shihlin Paper Corporation to Report Q2, 2024 Results on Aug 12, 2024Shihlin Paper Corporation announced that they will report Q2, 2024 results on Aug 12, 2024Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.33 (vs NT$0.81 in FY 2022)Full year 2023 results: EPS: NT$0.33 (down from NT$0.81 in FY 2022). Revenue: NT$171.1m (up 3.7% from FY 2022). Net income: NT$86.4m (down 59% from FY 2022). Profit margin: 51% (down from 128% in FY 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공고 • Mar 13Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024. Location: No.32,Ln.266,Sec.2, Zhishan Rd., Shilin Dist., CHIN CHIN Garden Restaurant Taipei Taiwan Agenda: To report the business of 2023; to consider the status of 2023 Endorsement/Guarantee and Loan of Funds; to consider Audit Committee's Review Report on the 2023 Financial Statement; to consider amendment to the Company's Rules of Procedure for Board of Directors Meetings; to consider 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 deficit compensation; and to consider other matters.New Risk • Jul 22New 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. This is currently the only risk that has been identified for the company.Board Change • Jun 24Less 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. 4 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.70, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 28x in the Forestry industry in Taiwan. Total returns to shareholders of 12% over the past three years.공고 • Jun 06Shihlin Paper Corporation Approves the Election of Chen, You as Board of DirectorShihlin Paper Corporation approved the election of Chen, You, Director,Shihlin Paper Co. Ltd., as board of directors, at the AGM held on June 5, 2023. Reason for the change: It is planned to elect one director to meet the company's operational and practical needs. Effective date of the new appointment is June 5, 2023.공고 • May 20Shihlin Paper Corporation Announces Change of Representative Juristic-Person DirectorShihlin Paper Corporation appointed Tsai, Cheng-Che as juristic-person director in place of Wu, Chiu-Ling, effective May 19, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.81 (vs NT$0.32 in FY 2021)Full year 2022 results: EPS: NT$0.81 (up from NT$0.32 in FY 2021). Net income: NT$211.8m (up 151% from FY 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.공고 • Dec 07Shihlin Paper Corporation Announces Resignation of Chen, You as Institutional DirectorShihlin Paper Corporation announced Resignation of Chen, You as Institutional director. Resume of the previous position holder:Director,Shihlin Paper Co. Ltd.Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.20 (vs NT$0.016 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.20 (up from NT$0.016 in 3Q 2021). Net income: NT$311.5m (up NT$307.3m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.039 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.039 profit in 2Q 2021). Net loss: NT$33.9m (down 436% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Board Change • May 20Less 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. 5 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • May 17Shihlin Paper Corporation Announces the Change of Representative Juristic-Person DirectorShihlin Paper Corporation announced the change of representative juristic-person director. Name of the previous position holder: Wu, Chiu-Ling. Resume of the previous position holder: Chairman, Yee Tzao Enterprise Co.,Ltd. Name of the new position holder: Tsai, Cheng-Che. Resume of the new position holder: President, Shihlin Paper Co. Ltd. Reason for the change: representative change. Effective date of the new appointment is May 16, 2022.Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.38 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$0.38 profit in 1Q 2021). Net loss: NT$27.5m (down 128% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.033 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$49.3m (up 35% from 3Q 2020). Net income: NT$4.21m (up NT$12.7m from 3Q 2020). Profit margin: 8.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.17 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$99.6m (up 144% from 2Q 2020). Net income: NT$10.1m (up NT$53.8m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.18 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$130.8m (up 236% from 1Q 2020). Net income: NT$97.9m (up NT$145.5m from 1Q 2020). Profit margin: 75% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.52 loss per share (vs NT$0.69 loss in FY 2019)Full year 2020 results: Net loss: NT$135.7m (loss narrowed 24% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Feb 13We Think Shihlin Paper (TPE:1903) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Feb 01New 90-day low: NT$47.35The company is down 30% from its price of NT$67.50 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period.Is New 90 Day High Low • Jan 12New 90-day low: NT$56.00The company is down 5.0% from its price of NT$59.10 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 29% over the same period.분석 기사 • Dec 22Shihlin Paper (TPE:1903) Shareholders Booked A 90% Gain In The Last Five YearsShihlin Paper Corporation ( TPE:1903 ) shareholders have seen the share price descend 13% over the month. On the bright...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.03 loss per shareThird quarter 2020 results: Net loss: NT$8.53m (loss narrowed 76% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$54.40The company is down 4.0% from its price of NT$56.50 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.매출 및 비용 세부 내역Shihlin Paper가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:1903 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 26152335117231 Dec 25153336120230 Sep 25154118124230 Jun 25155-48149231 Mar 25154-26143331 Dec 24156-21139330 Sep 24158-18129330 Jun 24162115130431 Mar 24169110133431 Dec 2317186145430 Sep 2316967159430 Jun 23167214165431 Mar 23162203174431 Dec 22165212175530 Sep 22172222179530 Jun 22181-85196531 Mar 22242-41195631 Dec 2132684197630 Sep 2132376200730 Jun 2131064174831 Mar 2125110194931 Dec 20159-136197930 Sep 20160-1492051030 Jun 20162-1762271031 Mar 20163-187224931 Dec 19169-180227930 Sep 19198-166223930 Jun 19195-168219831 Mar 19193-171213731 Dec 18219-167212730 Sep 18182-187219730 Jun 18244-164222631 Mar 18234-157220531 Dec 17186-170212430 Sep 17169-160197330 Jun 1788-156195331 Mar 1777-175199231 Dec 1670-183206230 Sep 1671-180207130 Jun 1690-172209131 Mar 16139-168209231 Dec 15205-159207430 Sep 15487-3502274양질의 수익: 1903는 NT$219.6M 규모의 큰 일회성 이익이 있어 31st March, 2026까지 지난 12개월 재무 결과에 영향을 미쳤습니다.이익 마진 증가: 1903는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 1903는 지난 5년 동안 흑자전환하며 연평균 17.4%의 수익 성장을 기록했습니다.성장 가속화: 1903는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: 1903는 지난해 흑자전환하여 지난 해 수익 성장률을 Forestry 업계(3.1%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: 1903의 자본 수익률(6.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YMaterials 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/10 18:56종가2026/08/10 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 소스Shihlin Paper Corporation는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Wanchen ChangMasterlink Securities Investment Advisory
Reported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). 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 3% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공고 • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025
Reported Earnings • May 13First quarter 2026 earnings released: NT$0.073 loss per share (vs NT$0.069 loss in 1Q 2025)First quarter 2026 results: NT$0.073 loss per share (further deteriorated from NT$0.069 loss in 1Q 2025). Net loss: NT$19.0m (loss widened 5.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
New Risk • Mar 25New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 176% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$153m revenue, or US$4.8m).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$1.29 (vs NT$0.081 loss in FY 2024)Full year 2025 results: EPS: NT$1.29 (up from NT$0.081 loss in FY 2024). Net income: NT$335.7m (up NT$356.8m from FY 2024). 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 3% per year, which means it is well ahead of earnings.
공고 • Mar 11Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026Shihlin Paper Corporation, Annual General Meeting, Jun 05, 2026. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.75 (vs NT$0.12 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.75 (up from NT$0.12 in 3Q 2024). Revenue: NT$36.9m (down 2.8% from 3Q 2024). Net income: NT$196.1m (up NT$165.9m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
New Risk • Nov 11New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$155m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.064 loss in 2Q 2024)Second quarter 2025 results: NT$0.15 loss per share (further deteriorated from NT$0.064 loss in 2Q 2024). Net loss: NT$38.6m (loss widened 132% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공고 • Jun 21+ 2 more updatesShihlin Paper Corporation Announces Board Changes, Effective June 20, 2025On June 20, 2025, Shihlin Paper Corporation announced the elective list for the 26th term directors (including independent directors). Title and name of the previous position holder: Independent Director: Ming-Chu Chen Hsiao-Chueh Hsieh, Ming-Chien Tang Resume of the previous position holder: Independent Director: Ming-Chu Chen, Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh, Independent Director,Shihlin Paper Co. Ltd., Ming-Chien Tang, Independent Director,Shihlin Paper Co. Ltd. Title and name of the new position holder: Independent Director: Ming-Chu Chen, Hsiao-Chueh Hsieh, Zhong-Yi Chiang. Resume of the new position holder: Independent Director: Ming-Chu Chen Independent Director,Shihlin Paper Co. Ltd. Hsiao-Chueh Hsieh Independent Director,Shihlin Paper Co. Ltd. Zhong-Yi Chiang Independent Director, Hwatai Bank. Reason for the change: Expiration of the term and re-election of Board of Directors. Original term from June 14, 2022 to June 13, 2025. Effective date of the new appointment: June 20, 2025.
New Risk • May 27New 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 8.9% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • May 15First quarter 2025 earnings released: NT$0.07 loss per share (vs NT$0.052 loss in 1Q 2024)First quarter 2025 results: NT$0.07 loss per share (further deteriorated from NT$0.052 loss in 1Q 2024). Net loss: NT$18.1m (loss widened 34% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공고 • May 06Shihlin Paper Corporation to Report Q1, 2025 Results on May 13, 2025Shihlin Paper Corporation announced that they will report Q1, 2025 results on May 13, 2025
공고 • Mar 12Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025Shihlin Paper Corporation, Annual General Meeting, Jun 20, 2025. Location: no,32 ln.266, sec.2 chih shan rd., shihlin district, taipei city Taiwan
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.63 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.12 (down from NT$0.63 in 3Q 2023). Net income: NT$30.2m (down 82% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Nov 12New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$162m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Profit margins are more than 30% lower than last year (71% net profit margin). Revenue is less than US$5m (NT$162m revenue, or US$5.0m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.086 loss in 2Q 2023)Second quarter 2024 results: NT$0.06 loss per share (improved from NT$0.086 loss in 2Q 2023). Revenue: NT$36.5m (down 16% from 2Q 2023). Net loss: NT$16.6m (loss narrowed 25% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공고 • Aug 03Shihlin Paper Corporation to Report Q2, 2024 Results on Aug 12, 2024Shihlin Paper Corporation announced that they will report Q2, 2024 results on Aug 12, 2024
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$0.33 (vs NT$0.81 in FY 2022)Full year 2023 results: EPS: NT$0.33 (down from NT$0.81 in FY 2022). Revenue: NT$171.1m (up 3.7% from FY 2022). Net income: NT$86.4m (down 59% from FY 2022). Profit margin: 51% (down from 128% in FY 2022). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공고 • Mar 13Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024Shihlin Paper Corporation, Annual General Meeting, Jun 18, 2024. Location: No.32,Ln.266,Sec.2, Zhishan Rd., Shilin Dist., CHIN CHIN Garden Restaurant Taipei Taiwan Agenda: To report the business of 2023; to consider the status of 2023 Endorsement/Guarantee and Loan of Funds; to consider Audit Committee's Review Report on the 2023 Financial Statement; to consider amendment to the Company's Rules of Procedure for Board of Directors Meetings; to consider 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 deficit compensation; and to consider other matters.
New Risk • Jul 22New 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. This is currently the only risk that has been identified for the company.
Board Change • Jun 24Less 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. 4 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.70, the stock trades at a trailing P/E ratio of 68.9x. Average trailing P/E is 28x in the Forestry industry in Taiwan. Total returns to shareholders of 12% over the past three years.
공고 • Jun 06Shihlin Paper Corporation Approves the Election of Chen, You as Board of DirectorShihlin Paper Corporation approved the election of Chen, You, Director,Shihlin Paper Co. Ltd., as board of directors, at the AGM held on June 5, 2023. Reason for the change: It is planned to elect one director to meet the company's operational and practical needs. Effective date of the new appointment is June 5, 2023.
공고 • May 20Shihlin Paper Corporation Announces Change of Representative Juristic-Person DirectorShihlin Paper Corporation appointed Tsai, Cheng-Che as juristic-person director in place of Wu, Chiu-Ling, effective May 19, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$0.81 (vs NT$0.32 in FY 2021)Full year 2022 results: EPS: NT$0.81 (up from NT$0.32 in FY 2021). Net income: NT$211.8m (up 151% from FY 2021). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
공고 • Dec 07Shihlin Paper Corporation Announces Resignation of Chen, You as Institutional DirectorShihlin Paper Corporation announced Resignation of Chen, You as Institutional director. Resume of the previous position holder:Director,Shihlin Paper Co. Ltd.
Reported Earnings • Nov 12Third quarter 2022 earnings released: EPS: NT$1.20 (vs NT$0.016 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.20 (up from NT$0.016 in 3Q 2021). Net income: NT$311.5m (up NT$307.3m from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2022 earnings released: NT$0.13 loss per share (vs NT$0.039 profit in 2Q 2021)Second quarter 2022 results: NT$0.13 loss per share (down from NT$0.039 profit in 2Q 2021). Net loss: NT$33.9m (down 436% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Board Change • May 20Less 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. 5 non-independent directors. Independent Director Ming-Chien Tang was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • May 17Shihlin Paper Corporation Announces the Change of Representative Juristic-Person DirectorShihlin Paper Corporation announced the change of representative juristic-person director. Name of the previous position holder: Wu, Chiu-Ling. Resume of the previous position holder: Chairman, Yee Tzao Enterprise Co.,Ltd. Name of the new position holder: Tsai, Cheng-Che. Resume of the new position holder: President, Shihlin Paper Co. Ltd. Reason for the change: representative change. Effective date of the new appointment is May 16, 2022.
Reported Earnings • May 17First quarter 2022 earnings released: NT$0.11 loss per share (vs NT$0.38 profit in 1Q 2021)First quarter 2022 results: NT$0.11 loss per share (down from NT$0.38 profit in 1Q 2021). Net loss: NT$27.5m (down 128% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.02 (vs NT$0.033 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$49.3m (up 35% from 3Q 2020). Net income: NT$4.21m (up NT$12.7m from 3Q 2020). Profit margin: 8.5% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.17 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$99.6m (up 144% from 2Q 2020). Net income: NT$10.1m (up NT$53.8m from 2Q 2020). Profit margin: 10% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.18 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$130.8m (up 236% from 1Q 2020). Net income: NT$97.9m (up NT$145.5m from 1Q 2020). Profit margin: 75% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 16% per year.
Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.52 loss per share (vs NT$0.69 loss in FY 2019)Full year 2020 results: Net loss: NT$135.7m (loss narrowed 24% from FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Feb 13We Think Shihlin Paper (TPE:1903) Has A Fair Chunk Of DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Feb 01New 90-day low: NT$47.35The company is down 30% from its price of NT$67.50 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Jan 12New 90-day low: NT$56.00The company is down 5.0% from its price of NT$59.10 on 14 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 29% over the same period.
분석 기사 • Dec 22Shihlin Paper (TPE:1903) Shareholders Booked A 90% Gain In The Last Five YearsShihlin Paper Corporation ( TPE:1903 ) shareholders have seen the share price descend 13% over the month. On the bright...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.03 loss per shareThird quarter 2020 results: Net loss: NT$8.53m (loss narrowed 76% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$54.40The company is down 4.0% from its price of NT$56.50 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Forestry industry, which is up 13% over the same period.