Feng Hsin Steel (2015) 주식 개요는 대만에서 다양한 철강 제품을 제조, 가공 및 거래하는 기업입니다. 자세히 보기2015 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장0/6과거 실적2/6재무 건전성6/6배당5/6강점공정 가치 추정치보다 낮은 76.9% 에서 거래위험 분석향후 3년 동안 수익이 연평균 4.4% 감소할 것으로 예상됩니다.불안정한 배당 실적모든 위험 점검 보기2015 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$61.6026.5% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture041b2016201920222025202620282031Revenue NT$30.8bEarnings NT$2.5bAdvancedSet Fair ValueView all narrativesFeng Hsin Steel Co., Ltd. 경쟁사Tung Ho Steel EnterpriseSymbol: TWSE:2006Market cap: NT$47.8bEvergreen SteelSymbol: TWSE:2211Market cap: NT$38.4bGloria Material TechnologySymbol: TPEX:5009Market cap: NT$20.1bCentury Iron and Steel IndustrialLtdSymbol: TWSE:9958Market cap: NT$25.1b가격 이력 및 성과Feng Hsin Steel 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$61.6052주 최고가NT$70.6052주 최저가NT$59.40베타0.601개월 변동-0.65%3개월 변동n/a1년 변동-1.75%3년 변동-10.07%5년 변동-16.76%IPO 이후 변동110.88%최근 뉴스 및 업데이트Reported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$0.91 (up from NT$0.81 in 1Q 2025). Revenue: NT$6.40b (down 14% from 1Q 2025). Net income: NT$526.7m (up 12% from 1Q 2025). Profit margin: 8.2% (up from 6.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.Upcoming Dividend • Mar 19Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.9%).Declared Dividend • Mar 01Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 26th March 2026 Payment date: 24th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.6% over the next 2 years. Since a fall of 3.9% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Feb 26Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026. Location: no,259, sec.3 hou k`o rd., houli district, taichung city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.88 (vs NT$4.26 in FY 2024)Full year 2025 results: EPS: NT$3.88 (down from NT$4.26 in FY 2024). Revenue: NT$29.0b (down 16% from FY 2024). Net income: NT$2.25b (down 8.9% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% 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.Major Estimate Revision • Nov 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to shrink 4.8% next year vs 12% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$67.00 to NT$65.00. Share price was steady at NT$62.50 over the past week.더 많은 업데이트 보기Recent updatesReported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$0.91 (up from NT$0.81 in 1Q 2025). Revenue: NT$6.40b (down 14% from 1Q 2025). Net income: NT$526.7m (up 12% from 1Q 2025). Profit margin: 8.2% (up from 6.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.Upcoming Dividend • Mar 19Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.9%).Declared Dividend • Mar 01Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 26th March 2026 Payment date: 24th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.6% over the next 2 years. Since a fall of 3.9% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Feb 26Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026. Location: no,259, sec.3 hou k`o rd., houli district, taichung city TaiwanReported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.88 (vs NT$4.26 in FY 2024)Full year 2025 results: EPS: NT$3.88 (down from NT$4.26 in FY 2024). Revenue: NT$29.0b (down 16% from FY 2024). Net income: NT$2.25b (down 8.9% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% 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.Major Estimate Revision • Nov 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to shrink 4.8% next year vs 12% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$67.00 to NT$65.00. Share price was steady at NT$62.50 over the past week.New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Major Estimate Revision • Nov 22Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to grow 3.2% next year vs 28% growth forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$67.00 to NT$65.50. Share price fell 3.1% to NT$62.30 over the past week.Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$0.98 (up from NT$0.78 in 3Q 2024). Revenue: NT$6.64b (down 19% from 3Q 2024). Net income: NT$567.6m (up 24% from 3Q 2024). Profit margin: 8.5% (up from 5.6% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 8.5%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Jul 31Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$1.15 (down from NT$1.33 in 2Q 2024). Revenue: NT$8.36b (down 7.3% from 2Q 2024). Net income: NT$669.1m (down 14% from 2Q 2024). Profit margin: 8.0% (down from 8.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Price Target Changed • May 08Price target decreased by 20% to NT$68.00Down from NT$85.50, the current price target is an average from 2 analysts. New target price is 13% above last closing price of NT$60.40. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$4.30 for next year compared to NT$4.26 last year.New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 02First quarter 2025 earnings released: EPS: NT$0.81 (vs NT$1.03 in 1Q 2024)First quarter 2025 results: EPS: NT$0.81 (down from NT$1.03 in 1Q 2024). Revenue: NT$7.46b (down 12% from 1Q 2024). Net income: NT$472.5m (down 21% from 1Q 2024). Profit margin: 6.3% (down from 7.1% in 1Q 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 9% per year, which means it has not declined as severely as earnings.공시 • Apr 10Feng Hsin Steel Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Feng Hsin Steel Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025Buy Or Sell Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$57.40. The fair value is estimated to be NT$72.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 2.0% in a year. Earnings are forecast to grow by 5.2% in the next year.Upcoming Dividend • Mar 20Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio and cash payout ratio are on the higher end at 82% and 82% respectively. Trailing yield: 4.6%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.7%).분석 기사 • Mar 19We Think Feng Hsin Steel (TWSE:2015) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • Mar 03Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$4.26 (up from NT$4.08 in FY 2023). Revenue: NT$34.4b (down 1.4% from FY 2023). Net income: NT$2.48b (up 4.2% from FY 2023). Profit margin: 7.2% (up from 6.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.공시 • Feb 27Feng Hsin Steel Co., Ltd., Annual General Meeting, May 28, 2025Feng Hsin Steel Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: no,259, sec.3 hou k`o rd., houli district, taichung city Taiwan공시 • Feb 09Feng Hsin Steel Co., Ltd. to Report Fiscal Year 2024 Results on Feb 25, 2025Feng Hsin Steel Co., Ltd. announced that they will report fiscal year 2024 results on Feb 25, 2025분석 기사 • Dec 30A Look At The Intrinsic Value Of Feng Hsin Steel Co., Ltd. (TWSE:2015)Key Insights Feng Hsin Steel's estimated fair value is NT$77.72 based on 2 Stage Free Cash Flow to Equity Feng Hsin...Buy Or Sell Opportunity • Dec 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to NT$72.30. The fair value is estimated to be NT$90.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only.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.Major Estimate Revision • Nov 12Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$35.4b to NT$34.6b. EPS estimate also fell from NT$4.78 per share to NT$4.25 per share. Net income forecast to grow 3.9% next year vs 8.1% growth forecast for Metals and Mining industry in Taiwan. Consensus price target broadly unchanged at NT$85.50. Share price fell 3.8% to NT$78.90 over the past week.Reported Earnings • Nov 05Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.78 (down from NT$0.91 in 3Q 2023). Revenue: NT$8.18b (up 1.4% from 3Q 2023). Net income: NT$456.1m (down 14% from 3Q 2023). Profit margin: 5.6% (down from 6.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Oct 16Feng Hsin Steel Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Feng Hsin Steel Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024분석 기사 • Oct 08Slowing Rates Of Return At Feng Hsin Steel (TWSE:2015) Leave Little Room For ExcitementDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...공시 • Oct 02Feng Hsin Steel Co., Ltd. Announces Demise of Lin Chiu-Huang, Corporate Director RepresentativeFeng Hsin Steel Co., Ltd. announced the demise of Lin Chiu-Huang, Corporate Director Representative. Name of the functional committees: Nominating Committee. Date of occurrence of the change: October 1, 2024.분석 기사 • Sep 04Is Feng Hsin Steel (TWSE:2015) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Sep 04Now 21% undervaluedOver the last 90 days, the stock has risen 13% to NT$80.90. The fair value is estimated to be NT$102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 3.8% in a year. Earnings are forecast to grow by 12% in the next year.Price Target Changed • Aug 22Price target increased by 8.0% to NT$80.67Up from NT$74.67, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$81.50. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$4.78 for next year compared to NT$4.08 last year.Reported Earnings • Aug 09Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.33 (up from NT$1.06 in 2Q 2023). Revenue: NT$9.02b (flat on 2Q 2023). Net income: NT$775.4m (up 26% from 2Q 2023). Profit margin: 8.6% (up from 6.8% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Jul 31Feng Hsin Steel Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Feng Hsin Steel Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024분석 기사 • Jun 21There Is A Reason Feng Hsin Steel Co., Ltd.'s (TWSE:2015) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 18.7x Feng Hsin Steel Co., Ltd. ( TWSE:2015 ) may be sending bullish...Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$1.03 (vs NT$1.01 in 1Q 2023)First quarter 2024 results: EPS: NT$1.03 (up from NT$1.01 in 1Q 2023). Revenue: NT$8.50b (down 2.8% from 1Q 2023). Net income: NT$600.1m (up 1.7% from 1Q 2023). Profit margin: 7.1% (up from 6.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.Upcoming Dividend • Apr 04Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.8%).Reported Earnings • Mar 13Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.08 (down from NT$5.28 in FY 2022). Revenue: NT$34.9b (down 9.6% from FY 2022). Net income: NT$2.38b (down 23% from FY 2022). Profit margin: 6.8% (down from 8.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.분석 기사 • Mar 05Feng Hsin Steel's (TWSE:2015) Shareholders Will Receive A Smaller Dividend Than Last YearThe board of Feng Hsin Steel Co., Ltd. ( TWSE:2015 ) has announced that the dividend on 10th of May will be reduced by...Declared Dividend • Mar 05Dividend reduced to NT$3.50Dividend of NT$3.50 is 13% lower than last year. Ex-date: 11th April 2024 Payment date: 10th May 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (181% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.0% to bring the payout ratio under control. EPS is expected to grow by 6.8% over the next 2 years, which should be enough to bring the dividend into a sustainable range.공시 • Mar 01Feng Hsin Steel Co., Ltd., Annual General Meeting, Jun 13, 2024Feng Hsin Steel Co., Ltd., Annual General Meeting, Jun 13, 2024. Location: 259, Sec. 3, Houke Rd., Houli Dist.,Taichung(Administration Building) Taichung Taiwan Agenda: To report the business of 2023; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to Report on 2023 employees' and directors' remuneration; to Report the Cash Dividend Earnings Distribution of 2023; to consider acknowledgment of the 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 Earnings Distribution; to consider discussion of amendments Rules of Procedure of a Shareholders Meeting; and to consider other matters.Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.91 (down from NT$1.01 in 3Q 2022). Revenue: NT$8.06b (down 8.8% from 3Q 2022). Net income: NT$528.1m (down 9.8% from 3Q 2022). Profit margin: 6.5% (down from 6.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.Buying Opportunity • Oct 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be NT$79.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 2.1% in a year. Earnings is forecast to grow by 1.8% in the next year.Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.06 (down from NT$1.56 in 2Q 2022). Revenue: NT$9.00b (down 17% from 2Q 2022). Net income: NT$615.0m (down 32% from 2Q 2022). Profit margin: 6.8% (down from 8.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 24%. 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 10% per year.Buying Opportunity • May 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be NT$85.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 17%.Upcoming Dividend • Mar 23Upcoming dividend of NT$4.00 per share at 5.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 April 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.8%).Price Target Changed • Mar 04Price target increased by 8.8% to NT$78.00Up from NT$71.67, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of NT$73.30. Stock is down 16% over the past year. The company posted earnings per share of NT$5.28 last year.Reported Earnings • Feb 24Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$5.28 (down from NT$6.94 in FY 2021). Revenue: NT$38.6b (flat on FY 2021). Net income: NT$3.07b (down 24% from FY 2021). Profit margin: 8.0% (down from 11% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. 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 9% per year, which means it is significantly lagging earnings growth.공시 • Sep 27Feng Hsin Steel Co., Ltd. Announces Impact of the Failure of the High-Voltage Switch in 161Kv SubstationFeng Hsin Steel Co., Ltd. announced the high-voltage switch of the 161KV substation is faulty, and the whole plant is expected to be shut down for about 8 days for maintenance. Comparison of production capacity for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the production capacity is expected to remain unchanged by the end of the year. Comparison of production output for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the output is expected to remain unchanged by the end of the year. Production capacity of the fully or partially suspended work items: Production capacity is expected to remain unchanged by the end of the year. Production output of the fully or partially suspended work items: The output is expected to remain unchanged by the end of the year. Share of the company operating revenue that the fully or partially suspended work items account for: Revenue is not expected to be affected by the end of the year. Decision-making process: The production and business department readjusted the production and sales schedule. The chairman has approved the new schedule. It is estimated that there will be no significant.Price Target Changed • Aug 04Price target decreased to NT$82.00Down from NT$93.33, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$65.50. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$5.23 for next year compared to NT$6.94 last year.Reported Earnings • Jul 29Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$1.56 (down from NT$1.76 in 2Q 2021). Revenue: NT$10.9b (up 11% from 2Q 2021). Net income: NT$905.1m (down 11% from 2Q 2021). Profit margin: 8.3% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) missed analyst estimates by 1.3%. Over the next year, revenue is forecast to decline by 7.2% 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 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • May 03Price target increased to NT$93.33Up from NT$87.10, the current price target is an average from 3 analysts. New target price is 14% above last closing price of NT$82.10. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of NT$6.83 for next year compared to NT$6.94 last year.공시 • Apr 28+ 1 more updateFeng Hsin Steel Co.,Ltd Announces Executive ChangeFeng Hsin Steel Co.,Ltd announced that GLin Yong-Yuan is appointed as President of the Company and the Chairman is relieved from concurrently serving as the CEO of the company from 1 May 2022.Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.51 (up from NT$1.16 in 1Q 2021). Revenue: NT$9.95b (up 26% from 1Q 2021). Net income: NT$877.1m (up 30% from 1Q 2021). Profit margin: 8.8% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Mar 31Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (6.3%).Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$6.94 (up from NT$4.50 in FY 2020). Revenue: NT$38.4b (up 41% from FY 2020). Net income: NT$4.03b (up 54% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 9.0%, compared to a 11% growth forecast for the mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.공시 • Feb 26Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 09, 2022Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 09, 2022. Location: No. 259, Sec. 3, Houke Rd. Houli Dist.,Taichung(Administration Building) Taichung Taiwan Agenda: To report the business of 2021; to consider audit Committee's review of the 2021 annual final accounting books and statements; to report on 2021 employees' and directors' remuneration; to consider the Cash Dividend Earnings Distribution of 2021 ; and to consider other matters.Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS NT$1.93 (vs NT$1.31 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$9.72b (up 48% from 3Q 2020). Net income: NT$1.12b (up 47% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 13Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 15 September 2021. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (1.5%).Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.76 (vs NT$1.10 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$9.81b (up 48% from 2Q 2020). Net income: NT$1.02b (up 60% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). 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 12% per year, which means it is well ahead of earnings.Executive Departure • Jul 25CEO & Chairman Ming-Ju Lin has left the companyDuring their tenure, earnings grew by 8.8% annually compared to the industry average, which went down by 5.1%. On the 22nd of July, Ming-Ju Lin left the company after 27.2 in the role. We don't have any record of a personal shareholding under Ming-Ju's name. Ming-Ju is the only executive to leave the company over the last 12 months.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$67.40, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 10x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.24 per share.Reported Earnings • Apr 30First quarter 2021 earnings released: EPS NT$1.16 (vs NT$0.88 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.90b (up 21% from 1Q 2020). Net income: NT$674.9m (up 32% from 1Q 2020). Profit margin: 8.5% (up from 7.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$89.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$45.74 per share.분석 기사 • Apr 08Feng Hsin SteelLtd (TPE:2015) Has More To Do To Multiply In Value Going ForwardTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...분석 기사 • Mar 21Is Feng Hsin Steel Co.,Ltd (TPE:2015) A Great Dividend Stock?Today we'll take a closer look at Feng Hsin Steel Co.,Ltd ( TPE:2015 ) from a dividend investor's perspective. Owning a...Is New 90 Day High Low • Mar 11New 90-day high: NT$73.00The company is up 17% from its price of NT$62.30 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$43.52 per share.분석 기사 • Mar 03Does Feng Hsin SteelLtd (TPE:2015) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.0002%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 18% growth forecast for the Metals and Mining industry in Taiwan.공시 • Feb 26Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 11, 2021Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 11, 2021. Location: No. 259, Sec. 3, Houke Rd., Houli Dist Taichung Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review of the 2020 annual final accounting books and statements; to Report on 2020 employees' and directors' remuneration; to consider Acknowledgment of the 2020 Business Report and Financial Statements; to consider Acknowledgment of the 2020 Earnings Distribution; and to consider other matters thereon.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.50 (vs NT$3.37 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$27.3b (down 1.6% from FY 2019). Net income: NT$2.62b (up 34% from FY 2019). Profit margin: 9.6% (up from 7.1% in FY 2019). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.분석 기사 • Feb 13Did You Participate In Any Of Feng Hsin SteelLtd's (TPE:2015) Fantastic 130% Return ?The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...분석 기사 • Jan 29Feng Hsin Steel Co.,Ltd's (TPE:2015) Intrinsic Value Is Potentially 26% Below Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Feng Hsin Steel...분석 기사 • Jan 14Feng Hsin Steel Co.,Ltd's (TPE:2015) Stock Is Going Strong: Have Financials A Role To Play?Feng Hsin SteelLtd (TPE:2015) has had a great run on the share market with its stock up by a significant 20% over the...분석 기사 • Dec 30Is Feng Hsin SteelLtd (TPE:2015) A Future Multi-bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Is New 90 Day High Low • Dec 10New 90-day high: NT$61.50The company is up 8.0% from its price of NT$56.80 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$47.73 per share.분석 기사 • Dec 07Here's How We Evaluate Feng Hsin Steel Co.,Ltd's (TPE:2015) DividendCould Feng Hsin Steel Co.,Ltd ( TPE:2015 ) be an attractive dividend share to own for the long haul? Investors are...Is New 90 Day High Low • Nov 23New 90-day high: NT$58.40The company is up 5.0% from its price of NT$55.80 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$44.29 per share.분석 기사 • Nov 22Are Feng Hsin SteelLtd's (TPE:2015) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$2.39b, up 4.1% from the prior year. Total revenue was NT$26.8b over the last 12 months, down 6.5% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue behind estimatesThird-quarter revenue missed analyst estimates by 0.001% at NT$6.55b. Earnings per share (EPS) were mostly in line with analyst estimates at NT$1.31. Revenue is forecast to grow 3.5% over the next year, compared to a 2.8% growth forecast for the Metals and Mining industry in Taiwan.Price Target Changed • Oct 29Price target raised to NT$66.33Up from NT$60.50, the current price target is an average from 4 analysts. The new target price is 16% above the current share price of NT$57.30. As of last close, the stock is up 8.7% over the past year.Price Target Changed • Oct 25Price target raised to NT$62.17Up from NT$57.33, the current price target is an average from 4 analysts. The new target price is 9.3% above the current share price of NT$56.90. As of last close, the stock is up 9.4% over the past year.Is New 90 Day High Low • Sep 21New 90-day high: NT$58.30The company is up 7.0% from its price of NT$54.30 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$92.75 per share.주주 수익률2015TW Metals and MiningTW 시장7D-1.6%2.5%2.6%1Y-1.8%2.1%94.7%전체 주주 수익률 보기수익률 대 산업: 2015은 지난 1년 동안 2.1%의 수익을 기록한 TW Metals and Mining 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 2015은 지난 1년 동안 94.7%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 2015's price volatile compared to industry and market?2015 volatility2015 Average Weekly Movement4.0%Metals and Mining Industry Average Movement4.5%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%안정적인 주가: 2015는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 2015의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1969990Yong-Yuan Linwww.fenghsin.com.tw펑신 스틸은 대만에서 다양한 철강 제품을 제조, 가공 및 거래하는 회사입니다. 이 회사는 앵글, 채널, 평형, 원형, 사각형 및 변형 철근과 철근, 빌릿, 코일 철근을 제공합니다. 또한 아시아 및 전 세계로 제품을 수출하고 있습니다.더 보기Feng Hsin Steel Co., Ltd. 기초 지표 요약Feng Hsin Steel의 순이익과 매출은 시가총액과 어떻게 비교됩니까?2015 기초 통계시가총액NT$35.83b순이익 (TTM)NT$2.31b매출 (TTM)NT$27.98b15.5x주가수익비율(P/E)1.3x주가매출비율(P/S)2015는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표2015 손익계산서 (TTM)매출NT$27.98b매출원가NT$24.62b총이익NT$3.37b기타 비용NT$1.06b순이익NT$2.31b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)3.97총이익률12.03%순이익률8.25%부채/자본 비율0.2%2015의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당5.4%현재 배당 수익률85%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 16:20종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 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 소스Feng Hsin Steel Co., Ltd.는 8명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jihong LaiCapital Securities CorporationGeoffrey BoydCLSAnull nullKGI Securities Co. Ltd.5명의 분석가 더 보기
Reported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$0.91 (up from NT$0.81 in 1Q 2025). Revenue: NT$6.40b (down 14% from 1Q 2025). Net income: NT$526.7m (up 12% from 1Q 2025). Profit margin: 8.2% (up from 6.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.
Upcoming Dividend • Mar 19Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.9%).
Declared Dividend • Mar 01Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 26th March 2026 Payment date: 24th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.6% over the next 2 years. Since a fall of 3.9% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Feb 26Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026. Location: no,259, sec.3 hou k`o rd., houli district, taichung city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.88 (vs NT$4.26 in FY 2024)Full year 2025 results: EPS: NT$3.88 (down from NT$4.26 in FY 2024). Revenue: NT$29.0b (down 16% from FY 2024). Net income: NT$2.25b (down 8.9% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% 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.
Major Estimate Revision • Nov 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to shrink 4.8% next year vs 12% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$67.00 to NT$65.00. Share price was steady at NT$62.50 over the past week.
Reported Earnings • May 01First quarter 2026 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2026 results: EPS: NT$0.91 (up from NT$0.81 in 1Q 2025). Revenue: NT$6.40b (down 14% from 1Q 2025). Net income: NT$526.7m (up 12% from 1Q 2025). Profit margin: 8.2% (up from 6.3% in 1Q 2025). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 6.5%. Revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 3.7% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year.
Upcoming Dividend • Mar 19Upcoming dividend of NT$3.30 per shareEligible shareholders must have bought the stock before 26 March 2026. Payment date: 24 April 2026. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.9%).
Declared Dividend • Mar 01Dividend of NT$3.30 announcedShareholders will receive a dividend of NT$3.30. Ex-date: 26th March 2026 Payment date: 24th April 2026 Dividend yield will be 4.9%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 7.6% over the next 2 years. Since a fall of 3.9% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Feb 26Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026Feng Hsin Steel Co., Ltd., Annual General Meeting, May 27, 2026. Location: no,259, sec.3 hou k`o rd., houli district, taichung city Taiwan
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.88 (vs NT$4.26 in FY 2024)Full year 2025 results: EPS: NT$3.88 (down from NT$4.26 in FY 2024). Revenue: NT$29.0b (down 16% from FY 2024). Net income: NT$2.25b (down 8.9% from FY 2024). Profit margin: 7.8% (up from 7.2% in FY 2024). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 2 years compared to a 5.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% 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.
Major Estimate Revision • Nov 27Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to shrink 4.8% next year vs 12% growth forecast for Metals and Mining industry in Taiwan . Consensus price target down from NT$67.00 to NT$65.00. Share price was steady at NT$62.50 over the past week.
New Risk • Nov 24New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.4% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.4% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Major Estimate Revision • Nov 22Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.8b to NT$29.0b. EPS estimate also fell from NT$4.22 per share to NT$3.75 per share. Net income forecast to grow 3.2% next year vs 28% growth forecast for Metals and Mining industry in Taiwan. Consensus price target down from NT$67.00 to NT$65.50. Share price fell 3.1% to NT$62.30 over the past week.
Reported Earnings • Nov 02Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$0.98 (up from NT$0.78 in 3Q 2024). Revenue: NT$6.64b (down 19% from 3Q 2024). Net income: NT$567.6m (up 24% from 3Q 2024). Profit margin: 8.5% (up from 5.6% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 13%. Earnings per share (EPS) also missed analyst estimates by 8.5%. Revenue is forecast to grow 7.3% p.a. on average during the next 2 years, compared to a 6.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS misses analyst expectationsSecond quarter 2025 results: EPS: NT$1.15 (down from NT$1.33 in 2Q 2024). Revenue: NT$8.36b (down 7.3% from 2Q 2024). Net income: NT$669.1m (down 14% from 2Q 2024). Profit margin: 8.0% (down from 8.6% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.7%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Price Target Changed • May 08Price target decreased by 20% to NT$68.00Down from NT$85.50, the current price target is an average from 2 analysts. New target price is 13% above last closing price of NT$60.40. Stock is down 14% over the past year. The company is forecast to post earnings per share of NT$4.30 for next year compared to NT$4.26 last year.
New Risk • May 02New major risk - Revenue and earnings growthEarnings have declined by 1.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.7% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 02First quarter 2025 earnings released: EPS: NT$0.81 (vs NT$1.03 in 1Q 2024)First quarter 2025 results: EPS: NT$0.81 (down from NT$1.03 in 1Q 2024). Revenue: NT$7.46b (down 12% from 1Q 2024). Net income: NT$472.5m (down 21% from 1Q 2024). Profit margin: 6.3% (down from 7.1% in 1Q 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 9% per year, which means it has not declined as severely as earnings.
공시 • Apr 10Feng Hsin Steel Co., Ltd. to Report Q1, 2025 Results on Apr 29, 2025Feng Hsin Steel Co., Ltd. announced that they will report Q1, 2025 results on Apr 29, 2025
Buy Or Sell Opportunity • Apr 08Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$57.40. The fair value is estimated to be NT$72.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 22%. Revenue is forecast to grow by 2.0% in a year. Earnings are forecast to grow by 5.2% in the next year.
Upcoming Dividend • Mar 20Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 27 March 2025. Payment date: 25 April 2025. Payout ratio and cash payout ratio are on the higher end at 82% and 82% respectively. Trailing yield: 4.6%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.7%).
분석 기사 • Mar 19We Think Feng Hsin Steel (TWSE:2015) Can Stay On Top Of Its DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • Mar 03Full year 2024 earnings: Revenues and EPS in line with analyst expectationsFull year 2024 results: EPS: NT$4.26 (up from NT$4.08 in FY 2023). Revenue: NT$34.4b (down 1.4% from FY 2023). Net income: NT$2.48b (up 4.2% from FY 2023). Profit margin: 7.2% (up from 6.8% in FY 2023). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
공시 • Feb 27Feng Hsin Steel Co., Ltd., Annual General Meeting, May 28, 2025Feng Hsin Steel Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: no,259, sec.3 hou k`o rd., houli district, taichung city Taiwan
공시 • Feb 09Feng Hsin Steel Co., Ltd. to Report Fiscal Year 2024 Results on Feb 25, 2025Feng Hsin Steel Co., Ltd. announced that they will report fiscal year 2024 results on Feb 25, 2025
분석 기사 • Dec 30A Look At The Intrinsic Value Of Feng Hsin Steel Co., Ltd. (TWSE:2015)Key Insights Feng Hsin Steel's estimated fair value is NT$77.72 based on 2 Stage Free Cash Flow to Equity Feng Hsin...
Buy Or Sell Opportunity • Dec 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to NT$72.30. The fair value is estimated to be NT$90.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only.
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.
Major Estimate Revision • Nov 12Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NT$35.4b to NT$34.6b. EPS estimate also fell from NT$4.78 per share to NT$4.25 per share. Net income forecast to grow 3.9% next year vs 8.1% growth forecast for Metals and Mining industry in Taiwan. Consensus price target broadly unchanged at NT$85.50. Share price fell 3.8% to NT$78.90 over the past week.
Reported Earnings • Nov 05Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$0.78 (down from NT$0.91 in 3Q 2023). Revenue: NT$8.18b (up 1.4% from 3Q 2023). Net income: NT$456.1m (down 14% from 3Q 2023). Profit margin: 5.6% (down from 6.5% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) also missed analyst estimates by 30%. Revenue is forecast to grow 3.6% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Oct 16Feng Hsin Steel Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024Feng Hsin Steel Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024
분석 기사 • Oct 08Slowing Rates Of Return At Feng Hsin Steel (TWSE:2015) Leave Little Room For ExcitementDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'll want...
공시 • Oct 02Feng Hsin Steel Co., Ltd. Announces Demise of Lin Chiu-Huang, Corporate Director RepresentativeFeng Hsin Steel Co., Ltd. announced the demise of Lin Chiu-Huang, Corporate Director Representative. Name of the functional committees: Nominating Committee. Date of occurrence of the change: October 1, 2024.
분석 기사 • Sep 04Is Feng Hsin Steel (TWSE:2015) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Sep 04Now 21% undervaluedOver the last 90 days, the stock has risen 13% to NT$80.90. The fair value is estimated to be NT$102, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 18%. Revenue is forecast to grow by 3.8% in a year. Earnings are forecast to grow by 12% in the next year.
Price Target Changed • Aug 22Price target increased by 8.0% to NT$80.67Up from NT$74.67, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of NT$81.50. Stock is up 20% over the past year. The company is forecast to post earnings per share of NT$4.78 for next year compared to NT$4.08 last year.
Reported Earnings • Aug 09Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.33 (up from NT$1.06 in 2Q 2023). Revenue: NT$9.02b (flat on 2Q 2023). Net income: NT$775.4m (up 26% from 2Q 2023). Profit margin: 8.6% (up from 6.8% in 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 11%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Jul 31Feng Hsin Steel Co., Ltd. to Report Q2, 2024 Results on Aug 07, 2024Feng Hsin Steel Co., Ltd. announced that they will report Q2, 2024 results on Aug 07, 2024
분석 기사 • Jun 21There Is A Reason Feng Hsin Steel Co., Ltd.'s (TWSE:2015) Price Is UndemandingWith a price-to-earnings (or "P/E") ratio of 18.7x Feng Hsin Steel Co., Ltd. ( TWSE:2015 ) may be sending bullish...
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$1.03 (vs NT$1.01 in 1Q 2023)First quarter 2024 results: EPS: NT$1.03 (up from NT$1.01 in 1Q 2023). Revenue: NT$8.50b (down 2.8% from 1Q 2023). Net income: NT$600.1m (up 1.7% from 1Q 2023). Profit margin: 7.1% (up from 6.7% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 2.9% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.
Upcoming Dividend • Apr 04Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 11 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 4.8%. Within top quartile of Taiwanese dividend payers (4.6%). Higher than average of industry peers (2.8%).
Reported Earnings • Mar 13Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.08 (down from NT$5.28 in FY 2022). Revenue: NT$34.9b (down 9.6% from FY 2022). Net income: NT$2.38b (down 23% from FY 2022). Profit margin: 6.8% (down from 8.0% in FY 2022). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
분석 기사 • Mar 05Feng Hsin Steel's (TWSE:2015) Shareholders Will Receive A Smaller Dividend Than Last YearThe board of Feng Hsin Steel Co., Ltd. ( TWSE:2015 ) has announced that the dividend on 10th of May will be reduced by...
Declared Dividend • Mar 05Dividend reduced to NT$3.50Dividend of NT$3.50 is 13% lower than last year. Ex-date: 11th April 2024 Payment date: 10th May 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.9%. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (181% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 6.0% to bring the payout ratio under control. EPS is expected to grow by 6.8% over the next 2 years, which should be enough to bring the dividend into a sustainable range.
공시 • Mar 01Feng Hsin Steel Co., Ltd., Annual General Meeting, Jun 13, 2024Feng Hsin Steel Co., Ltd., Annual General Meeting, Jun 13, 2024. Location: 259, Sec. 3, Houke Rd., Houli Dist.,Taichung(Administration Building) Taichung Taiwan Agenda: To report the business of 2023; to consider Audit Committee's review of the 2023 annual final accounting books and statements; to Report on 2023 employees' and directors' remuneration; to Report the Cash Dividend Earnings Distribution of 2023; to consider acknowledgment of the 2023 Business Report and Financial Statements; to consider acknowledgment of the 2023 Earnings Distribution; to consider discussion of amendments Rules of Procedure of a Shareholders Meeting; and to consider other matters.
Reported Earnings • Oct 29Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$0.91 (down from NT$1.01 in 3Q 2022). Revenue: NT$8.06b (down 8.8% from 3Q 2022). Net income: NT$528.1m (down 9.8% from 3Q 2022). Profit margin: 6.5% (down from 6.6% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 8.5%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 4.5% growth forecast for the Metals and Mining industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 3% per year.
Buying Opportunity • Oct 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 8.4%. The fair value is estimated to be NT$79.72, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 8.3%. Revenue is forecast to grow by 2.1% in a year. Earnings is forecast to grow by 1.8% in the next year.
Reported Earnings • Jul 28Second quarter 2023 earnings: EPS and revenues miss analyst expectationsSecond quarter 2023 results: EPS: NT$1.06 (down from NT$1.56 in 2Q 2022). Revenue: NT$9.00b (down 17% from 2Q 2022). Net income: NT$615.0m (down 32% from 2Q 2022). Profit margin: 6.8% (down from 8.3% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) also missed analyst estimates by 24%. 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 10% per year.
Buying Opportunity • May 21Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.5%. The fair value is estimated to be NT$85.48, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 17%.
Upcoming Dividend • Mar 23Upcoming dividend of NT$4.00 per share at 5.5% yieldEligible shareholders must have bought the stock before 30 March 2023. Payment date: 27 April 2023. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.8%).
Price Target Changed • Mar 04Price target increased by 8.8% to NT$78.00Up from NT$71.67, the current price target is an average from 2 analysts. New target price is 6.4% above last closing price of NT$73.30. Stock is down 16% over the past year. The company posted earnings per share of NT$5.28 last year.
Reported Earnings • Feb 24Full year 2022 earnings: Revenues and EPS in line with analyst expectationsFull year 2022 results: EPS: NT$5.28 (down from NT$6.94 in FY 2021). Revenue: NT$38.6b (flat on FY 2021). Net income: NT$3.07b (down 24% from FY 2021). Profit margin: 8.0% (down from 11% in FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. 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 9% per year, which means it is significantly lagging earnings growth.
공시 • Sep 27Feng Hsin Steel Co., Ltd. Announces Impact of the Failure of the High-Voltage Switch in 161Kv SubstationFeng Hsin Steel Co., Ltd. announced the high-voltage switch of the 161KV substation is faulty, and the whole plant is expected to be shut down for about 8 days for maintenance. Comparison of production capacity for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the production capacity is expected to remain unchanged by the end of the year. Comparison of production output for the most recent three fiscal years and following the decrease in production: Adjusted the production plan, so the output is expected to remain unchanged by the end of the year. Production capacity of the fully or partially suspended work items: Production capacity is expected to remain unchanged by the end of the year. Production output of the fully or partially suspended work items: The output is expected to remain unchanged by the end of the year. Share of the company operating revenue that the fully or partially suspended work items account for: Revenue is not expected to be affected by the end of the year. Decision-making process: The production and business department readjusted the production and sales schedule. The chairman has approved the new schedule. It is estimated that there will be no significant.
Price Target Changed • Aug 04Price target decreased to NT$82.00Down from NT$93.33, the current price target is an average from 2 analysts. New target price is 25% above last closing price of NT$65.50. Stock is down 18% over the past year. The company is forecast to post earnings per share of NT$5.23 for next year compared to NT$6.94 last year.
Reported Earnings • Jul 29Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: NT$1.56 (down from NT$1.76 in 2Q 2021). Revenue: NT$10.9b (up 11% from 2Q 2021). Net income: NT$905.1m (down 11% from 2Q 2021). Profit margin: 8.3% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 9.0%. Earnings per share (EPS) missed analyst estimates by 1.3%. Over the next year, revenue is forecast to decline by 7.2% 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 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • May 03Price target increased to NT$93.33Up from NT$87.10, the current price target is an average from 3 analysts. New target price is 14% above last closing price of NT$82.10. Stock is up 1.5% over the past year. The company is forecast to post earnings per share of NT$6.83 for next year compared to NT$6.94 last year.
공시 • Apr 28+ 1 more updateFeng Hsin Steel Co.,Ltd Announces Executive ChangeFeng Hsin Steel Co.,Ltd announced that GLin Yong-Yuan is appointed as President of the Company and the Chairman is relieved from concurrently serving as the CEO of the company from 1 May 2022.
Reported Earnings • Apr 28First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2022 results: EPS: NT$1.51 (up from NT$1.16 in 1Q 2021). Revenue: NT$9.95b (up 26% from 1Q 2021). Net income: NT$877.1m (up 30% from 1Q 2021). Profit margin: 8.8% (up from 8.5% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 14%. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Mar 31Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 07 April 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (6.3%).
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$6.94 (up from NT$4.50 in FY 2020). Revenue: NT$38.4b (up 41% from FY 2020). Net income: NT$4.03b (up 54% from FY 2020). Profit margin: 11% (in line with FY 2020). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) also surpassed analyst estimates by 4.2%. Over the next year, revenue is forecast to grow 9.0%, compared to a 11% growth forecast for the mining industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
공시 • Feb 26Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 09, 2022Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 09, 2022. Location: No. 259, Sec. 3, Houke Rd. Houli Dist.,Taichung(Administration Building) Taichung Taiwan Agenda: To report the business of 2021; to consider audit Committee's review of the 2021 annual final accounting books and statements; to report on 2021 employees' and directors' remuneration; to consider the Cash Dividend Earnings Distribution of 2021 ; and to consider other matters.
Reported Earnings • Oct 28Third quarter 2021 earnings released: EPS NT$1.93 (vs NT$1.31 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: NT$9.72b (up 48% from 3Q 2020). Net income: NT$1.12b (up 47% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 13Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 20 August 2021. Payment date: 15 September 2021. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (1.5%).
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.76 (vs NT$1.10 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$9.81b (up 48% from 2Q 2020). Net income: NT$1.02b (up 60% from 2Q 2020). Profit margin: 10% (in line with 2Q 2020). 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 12% per year, which means it is well ahead of earnings.
Executive Departure • Jul 25CEO & Chairman Ming-Ju Lin has left the companyDuring their tenure, earnings grew by 8.8% annually compared to the industry average, which went down by 5.1%. On the 22nd of July, Ming-Ju Lin left the company after 27.2 in the role. We don't have any record of a personal shareholding under Ming-Ju's name. Ming-Ju is the only executive to leave the company over the last 12 months.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$67.40, the stock trades at a trailing P/E ratio of 14.1x. Average forward P/E is 10x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 38% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.24 per share.
Reported Earnings • Apr 30First quarter 2021 earnings released: EPS NT$1.16 (vs NT$0.88 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$7.90b (up 21% from 1Q 2020). Net income: NT$674.9m (up 32% from 1Q 2020). Profit margin: 8.5% (up from 7.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$89.50, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 15x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 81% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$45.74 per share.
분석 기사 • Apr 08Feng Hsin SteelLtd (TPE:2015) Has More To Do To Multiply In Value Going ForwardTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
분석 기사 • Mar 21Is Feng Hsin Steel Co.,Ltd (TPE:2015) A Great Dividend Stock?Today we'll take a closer look at Feng Hsin Steel Co.,Ltd ( TPE:2015 ) from a dividend investor's perspective. Owning a...
Is New 90 Day High Low • Mar 11New 90-day high: NT$73.00The company is up 17% from its price of NT$62.30 on 11 December 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$43.52 per share.
분석 기사 • Mar 03Does Feng Hsin SteelLtd (TPE:2015) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analyst Estimate Surprise Post Earnings • Feb 27Revenue beats expectationsRevenue exceeded analyst estimates by 0.0002%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 11%, compared to a 18% growth forecast for the Metals and Mining industry in Taiwan.
공시 • Feb 26Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 11, 2021Feng Hsin Steel Co.,Ltd, Annual General Meeting, Jun 11, 2021. Location: No. 259, Sec. 3, Houke Rd., Houli Dist Taichung Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review of the 2020 annual final accounting books and statements; to Report on 2020 employees' and directors' remuneration; to consider Acknowledgment of the 2020 Business Report and Financial Statements; to consider Acknowledgment of the 2020 Earnings Distribution; and to consider other matters thereon.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.50 (vs NT$3.37 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$27.3b (down 1.6% from FY 2019). Net income: NT$2.62b (up 34% from FY 2019). Profit margin: 9.6% (up from 7.1% in FY 2019). The increase in margin was driven by lower expenses. 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 5% per year, which means it is well ahead of earnings.
분석 기사 • Feb 13Did You Participate In Any Of Feng Hsin SteelLtd's (TPE:2015) Fantastic 130% Return ?The main point of investing for the long term is to make money. Better yet, you'd like to see the share price move up...
분석 기사 • Jan 29Feng Hsin Steel Co.,Ltd's (TPE:2015) Intrinsic Value Is Potentially 26% Below Its Share PriceToday we'll do a simple run through of a valuation method used to estimate the attractiveness of Feng Hsin Steel...
분석 기사 • Jan 14Feng Hsin Steel Co.,Ltd's (TPE:2015) Stock Is Going Strong: Have Financials A Role To Play?Feng Hsin SteelLtd (TPE:2015) has had a great run on the share market with its stock up by a significant 20% over the...
분석 기사 • Dec 30Is Feng Hsin SteelLtd (TPE:2015) A Future Multi-bagger?What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Is New 90 Day High Low • Dec 10New 90-day high: NT$61.50The company is up 8.0% from its price of NT$56.80 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$47.73 per share.
분석 기사 • Dec 07Here's How We Evaluate Feng Hsin Steel Co.,Ltd's (TPE:2015) DividendCould Feng Hsin Steel Co.,Ltd ( TPE:2015 ) be an attractive dividend share to own for the long haul? Investors are...
Is New 90 Day High Low • Nov 23New 90-day high: NT$58.40The company is up 5.0% from its price of NT$55.80 on 25 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$44.29 per share.
분석 기사 • Nov 22Are Feng Hsin SteelLtd's (TPE:2015) Statutory Earnings A Good Reflection Of Its Earnings Potential?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
Reported Earnings • Oct 31Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$2.39b, up 4.1% from the prior year. Total revenue was NT$26.8b over the last 12 months, down 6.5% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 31Third-quarter earnings released: Revenue behind estimatesThird-quarter revenue missed analyst estimates by 0.001% at NT$6.55b. Earnings per share (EPS) were mostly in line with analyst estimates at NT$1.31. Revenue is forecast to grow 3.5% over the next year, compared to a 2.8% growth forecast for the Metals and Mining industry in Taiwan.
Price Target Changed • Oct 29Price target raised to NT$66.33Up from NT$60.50, the current price target is an average from 4 analysts. The new target price is 16% above the current share price of NT$57.30. As of last close, the stock is up 8.7% over the past year.
Price Target Changed • Oct 25Price target raised to NT$62.17Up from NT$57.33, the current price target is an average from 4 analysts. The new target price is 9.3% above the current share price of NT$56.90. As of last close, the stock is up 9.4% over the past year.
Is New 90 Day High Low • Sep 21New 90-day high: NT$58.30The company is up 7.0% from its price of NT$54.30 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Metals and Mining industry, which is also up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$92.75 per share.
