Swancor Holding (3708) 주식 개요는 대만 및 국제적으로 화학 물질의 제조 및 무역에 종사하고 있습니다. 자세히 보기3708 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적0/6재무 건전성4/6배당1/6위험 분석지난 5년간 매년 수익이 23.2% 감소했습니다.1.87%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기3708 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$125.503.6k% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-496m11b2016201920222025202620282031Revenue NT$206.6mEarnings NT$19.4mAdvancedSet Fair ValueView all narrativesSwancor Holding Co., LTD. 경쟁사CoremaxSymbol: TWSE:4739Market cap: NT$11.2bChina Steel ChemicalSymbol: TWSE:1723Market cap: NT$18.9bJohnson Fine ChemicalSymbol: TPEX:7763Market cap: NT$13.2bSan Fu ChemicalSymbol: TWSE:4755Market cap: NT$14.1b가격 이력 및 성과Swancor Holding 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$125.5052주 최고가NT$155.5052주 최저가NT$68.30베타0.431개월 변동-0.40%3개월 변동n/a1년 변동55.32%3년 변동29.92%5년 변동6.36%IPO 이후 변동212.17%최근 뉴스 및 업데이트Declared Dividend • May 11Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 26th June 2026 Payment date: 24th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Mar 08Full year 2025 earnings released: NT$5.31 loss per share (vs NT$2.71 profit in FY 2024)Full year 2025 results: NT$5.31 loss per share (down from NT$2.71 profit in FY 2024). Revenue: NT$1.01b (down 87% from FY 2024). Net loss: NT$569.6m (down 301% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Feb 26Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026. Location: no,588, tung min rd., nantou city TaiwanValuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$120, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 24% over the past three years.New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years.Reported Earnings • Nov 08Third quarter 2025 earnings released: NT$0.85 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.85 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$152.9m (down 93% from 3Q 2024). Net loss: NT$93.0m (down 286% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.더 많은 업데이트 보기Recent updatesDeclared Dividend • May 11Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 26th June 2026 Payment date: 24th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.Reported Earnings • Mar 08Full year 2025 earnings released: NT$5.31 loss per share (vs NT$2.71 profit in FY 2024)Full year 2025 results: NT$5.31 loss per share (down from NT$2.71 profit in FY 2024). Revenue: NT$1.01b (down 87% from FY 2024). Net loss: NT$569.6m (down 301% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.공시 • Feb 26Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026. Location: no,588, tung min rd., nantou city TaiwanValuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$120, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 24% over the past three years.New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years.Reported Earnings • Nov 08Third quarter 2025 earnings released: NT$0.85 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.85 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$152.9m (down 93% from 3Q 2024). Net loss: NT$93.0m (down 286% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.35 loss per share (vs NT$0.76 profit in 2Q 2024)Second quarter 2025 results: NT$0.35 loss per share (down from NT$0.76 profit in 2Q 2024). Revenue: NT$1.98b (up 2.8% from 2Q 2024). Net loss: NT$37.7m (down 148% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 35.5x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total loss to shareholders of 15% over the past three years.Upcoming Dividend • Jun 26Upcoming dividend of NT$2.35 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 30 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).Declared Dividend • Jun 07Dividend reduced to NT$2.30Dividend of NT$2.30 is 59% lower than last year. Ex-date: 3rd July 2025 Payment date: 30th July 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (288% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% 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 220% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend.New Risk • Jun 04New 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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 288% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).공시 • May 15Swancor Holding Co., Ltd. Announces Resignation of Jia-Hong Wong as Chief Internal Auditor Effective May 12, 2025Swancor Holding Co., LTD. announced the resignation of its Chief Internal Auditor, JIA-HONG WONG, effective May 12, 2025. JIA-HONG WONG previously held the position of Chief Administrator at Swancor Holding Co., Ltd. The position of the chief internal auditor is temporarily performed by the deputy. A further announcement will be made after the resolutions of the Audit Committee and the Board of Directors regarding the new chief internal auditor.Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.48 (vs NT$0.77 in 1Q 2024)First quarter 2025 results: EPS: NT$0.48 (down from NT$0.77 in 1Q 2024). Revenue: NT$1.96b (up 13% from 1Q 2024). Net income: NT$52.3m (down 31% from 1Q 2024). Profit margin: 2.7% (down from 4.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.공시 • May 01Swancor Holding Co., LTD. to Report Q1, 2025 Results on May 08, 2025Swancor Holding Co., LTD. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$61.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$37.13 per share.분석 기사 • Mar 20Swancor Holding's (TWSE:3708) Problems Go Beyond Weak ProfitSwancor Holding Co., LTD.'s ( TWSE:3708 ) recent weak earnings report didn't cause a big stock movement. We think that...Reported Earnings • Mar 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.71 (down from NT$12.88 in FY 2023). Revenue: NT$7.87b (up 7.9% from FY 2023). Net income: NT$284.1m (down 77% from FY 2023). Profit margin: 3.6% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Mar 07Swancor Holding Co., LTD., Annual General Meeting, May 26, 2025Swancor Holding Co., LTD., Annual General Meeting, May 26, 2025. Location: no,588, tung min rd., nantou city TaiwanNew Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% 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 10% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (94% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$5.66 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (down from NT$5.66 in 3Q 2023). Revenue: NT$2.11b (up 9.6% from 3Q 2023). Net income: NT$50.1m (down 91% from 3Q 2023). Profit margin: 2.4% (down from 29% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Sep 12Is Swancor Holding (TWSE:3708) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Aug 15Some May Be Optimistic About Swancor Holding's (TWSE:3708) EarningsSwancor Holding Co., LTD.'s ( TWSE:3708 ) recent soft profit numbers didn't appear to worry shareholders, as the stock...New Risk • Aug 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin). Shareholders have been diluted in the past year (8.6% increase in shares outstanding).Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.76 (down from NT$7.11 in 2Q 2023). Revenue: NT$1.93b (up 12% from 2Q 2023). Net income: NT$78.2m (down 89% from 2Q 2023). Profit margin: 4.1% (down from 40% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공시 • Aug 10Swancor Holding Co., Ltd. Announces Distribution of Dividends for the First Half of 2024Swancor Holding Co., LTD. announced the distribution of dividends for the first half of 2024. Type and monetary amount of dividend distribution: Cash Dividends RMB 15,731,107.39.분석 기사 • Aug 05Investors Don't See Light At End Of Swancor Holding Co., LTD.'s (TWSE:3708) Tunnel And Push Stock Down 27%Swancor Holding Co., LTD. ( TWSE:3708 ) shareholders that were waiting for something to happen have been dealt a blow...공시 • Aug 02Swancor Holding Co., LTD. to Report Q2, 2024 Results on Aug 08, 2024Swancor Holding Co., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024Upcoming Dividend • Jun 24Upcoming dividend of NT$5.55 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.1%).분석 기사 • Jun 22Swancor Holding (TWSE:3708) Is Increasing Its Dividend To NT$5.55Swancor Holding Co., LTD. ( TWSE:3708 ) has announced that it will be increasing its dividend from last year's...Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$151, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 43% over the past three years.분석 기사 • Jun 03Swancor Holding's (TWSE:3708) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Swancor Holding Co., LTD. ( TWSE:3708 ) has announced that the dividend on 26th of July will be increased...Declared Dividend • Jun 03Dividend increased to NT$6.00Dividend of NT$6.00 is 20% higher than last year. Ex-date: 1st July 2024 Payment date: 26th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 66% over the next year. Since a fall of 61% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.공시 • Jun 01Swancor Holding Co., LTD. Approves Cash Dividends, Payable on July 26, 2024Swancor Holding Co., LTD. approved cash dividends of TWD 585,032,778, TWD 6 per share. Date of the resolution by the board of directors or shareholders meeting or decision by the company is May 31, 2024. Ex-rights (ex-dividend) trading date is July 1, 2024. Ex-rights (ex-dividend) record date is July 7, 2024. Payment date of common stock cash dividend distribution is July 26, 2024.New Risk • May 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (3.8% increase in shares outstanding).Price Target Changed • May 08Price target increased by 26% to NT$125Up from NT$99.67, the current price target is an average from 4 analysts. New target price is 19% below last closing price of NT$155. Stock is up 62% over the past year. The company is forecast to post earnings per share of NT$3.22 for next year compared to NT$12.88 last year.공시 • May 02Swancor Holding Co., LTD. to Report Q1, 2024 Results on May 09, 2024Swancor Holding Co., LTD. announced that they will report Q1, 2024 results on May 09, 2024Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$147, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 18% over the past three years.분석 기사 • Apr 15Swancor Holding Co., LTD. (TWSE:3708) Shares Fly 25% But Investors Aren't Buying For GrowthSwancor Holding Co., LTD. ( TWSE:3708 ) shares have continued their recent momentum with a 25% gain in the last month...Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$128, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 26x in the Chemicals industry in Taiwan. Total returns to shareholders of 3.9% over the past three years.Reported Earnings • Mar 13Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$12.88 (up from NT$9.48 in FY 2022). Revenue: NT$7.29b (down 25% from FY 2022). Net income: NT$1.26b (up 39% from FY 2022). Profit margin: 17% (up from 9.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Mar 12Swancor Holding Co., LTD., Annual General Meeting, May 31, 2024Swancor Holding Co., LTD., Annual General Meeting, May 31, 2024. Location: No. 588, Dongmin Rd Nantou City Taiwan Agenda: To consider and approve the 2023 business report; to consider and approve the 2023 Audit Committee's review report; to consider and approve the 2023 distribution of employees' and directors' remuneration report; to consider and approve the 2021 Report on the Issuance of 3rd domestic Secured Convertible Corporate; to consider and approve the Execution report of repurchase treasury shares; and to consider and approve other matters of business.Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$112, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total loss to shareholders of 21% over the past three years.Major Estimate Revision • Nov 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$7.56b to NT$7.28b. EPS estimate also fell from NT$15.65 per share to NT$13.74 per share. Net income forecast to shrink 55% next year vs 35% growth forecast for Chemicals industry in Taiwan . Consensus price target down from NT$100.00 to NT$90.00. Share price was steady at NT$96.00 over the past week.Price Target Changed • Nov 14Price target decreased by 15% to NT$90.00Down from NT$107, the current price target is an average from 2 analysts. New target price is 5.3% below last closing price of NT$95.00. Stock is up 1.9% over the past year. The company is forecast to post earnings per share of NT$13.74 for next year compared to NT$9.48 last year.Reported Earnings • Nov 09Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$5.66 (down from NT$6.46 in 3Q 2022). Revenue: NT$1.92b (down 18% from 3Q 2022). Net income: NT$552.4m (down 12% from 3Q 2022). Profit margin: 29% (up from 27% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.New Risk • Aug 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 63% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.공시 • Aug 10Stonepeak Oceanview Taiwan Co., Ltd. agreed to acquire 5% stake in Synera Renewable Energy Co., Ltd. from Swancor Holding Co., LTD. (TWSE:3708) for $8 million.Stonepeak Oceanview Taiwan Co., Ltd. agreed to acquire 5% stake in Synera Renewable Energy Co., Ltd. from Swancor Holding Co., LTD. (TWSE:3708) for $8 million on August 8, 2023. The deal has been approved by board of directors of Swancor Holding Co., LTD., and is subject to approval from Investment Commission Ministry of Economic Affairs. Hu Hsiang-Ning of Yangtze CPAs & Co acted as accountant to Swancor Holding Co., LTD.Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$7.11 (up from NT$1.10 in 2Q 2022). Revenue: NT$1.72b (down 35% from 2Q 2022). Net income: NT$692.6m (up NT$590.2m from 2Q 2022). Profit margin: 40% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.공시 • Aug 09Swancor Holding Co., LTD. Announces Corporate Governance Officer ChangesSwancor Holding Co., LTD. announced the resignation of Chia-Min Hung as Corporate governance officer of the company and appointed Li-Min Hung /Associate Manager of the company as Corporate governance officer of the company, with effect from August 8, 2023.Upcoming Dividend • Jun 21Upcoming dividend of NT$5.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.5%).공시 • May 30Swancor Holding Co., LTD. Announces Cash Dividend, Payable on July 25, 2023Swancor Holding Co., LTD. announced Cash dividends of TWD 487,090,520 or TWD 5 per share. Ex-rights (ex-dividend) record date is July 4, 2023. Payment date of cash dividend distribution is July 25, 2023. Ex-rights (ex-dividend) trading date is June 28, 2023.Major Estimate Revision • May 27Consensus revenue estimates decrease by 32%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from NT$11.4b to NT$7.74b. EPS estimate increased from NT$14.52 to NT$15.71 per share. Net income forecast to grow 46% next year vs 12% growth forecast for Chemicals industry in Taiwan. Consensus price target up from NT$107 to NT$110. Share price was steady at NT$96.60 over the past week.Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$0.20 (down from NT$0.63 in 1Q 2022). Revenue: NT$1.70b (down 32% from 1Q 2022). Net income: NT$19.1m (down 67% from 1Q 2022). Profit margin: 1.1% (down from 2.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Price Target Changed • Nov 16Price target decreased to NT$104Down from NT$122, the current price target is an average from 3 analysts. New target price is 12% above last closing price of NT$93.20. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of NT$9.30 for next year compared to NT$2.01 last year.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Director Sheng-Chung Lin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$6.46 (up from NT$0.098 loss in 3Q 2021). Revenue: NT$2.36b (flat on 3Q 2021). Net income: NT$629.0m (up NT$638.1m from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$101, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 35% over the past three years.Price Target Changed • Aug 09Price target decreased to NT$145Down from NT$163, the current price target is an average from 2 analysts. New target price is 42% above last closing price of NT$102. Stock is up 10% over the past year. The company is forecast to post earnings per share of NT$9.69 for next year compared to NT$2.01 last year.Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$1.10 (up from NT$0.41 in 2Q 2021). Revenue: NT$2.62b (down 6.2% from 2Q 2021). Net income: NT$102.4m (up 172% from 2Q 2021). Profit margin: 3.9% (up from 1.3% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 22% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.공시 • Aug 06Swancor Holding Co., LTD. Announces Establish the Sustainable Development Committee and to Appoint Members of Sustainable Development CommitteeSwancor Holding Co., LTD. announced that its board of directors established the sustainable development committee and appointed members of sustainable development committee. Name of the new position holder: Jau-Yang Tsai, Kuei-Tuan Chen, Pan-Chiang Yang, Hsiao-Yi Tsai, Hsiu-Chun Wang, Jui-Hua Li, Sheng-Chung Lin and Chung-Ming Liu. Resume of the new position holder: Jau-Yang Tsai, Chairman and General manager of the Company; Kuei-Tuan Chen, Director of the Company; Pan-Chiang Yang, Director of the Company; Hsiao-Yi Tsai, Director of the Company; Hsiu-Chun Wang, Independent Director of the Company; Jui-Hua Li, Independent Director of the Company; Sheng-Chung Lin, Independent Director of the Company; Chung-Ming Liu, Independent Director of the Company. Effective date of the new member: August 5, 2022.Buying Opportunity • Jul 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 481% in the next year.Upcoming Dividend • Jul 01Upcoming dividend of NT$1.43 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (7.1%).공시 • Jun 23Swancor Holding Co., LTD. Adjusts the Cash Dividend RatioSwancor Holding Co., LTD. announced the Company Adjusts the Cash Dividend Ratio. Type and monetary amount of original dividend distribution: Cash dividend TWD 139,187,406, TWD 1.5 per share. Type and monetary amount of dividend distribution after the change: Cash dividend TWD 139,187,406, TWD 1.42927328 per share. Reason for the change: Due to the conversion of the company's corporate bonds into ordinary shares, the number of outstanding shares has been changed. The board of directors is authorized to adjust the dividend rate according to the resolution of the shareholders' meeting, and the chairman is authorized to deal with it solely by the resolution of the board of directors on June 10, 2022.공시 • Jun 11Swancor Holding Co., LTD. Approves Cash Dividends, Payable on August 5, 2022Swancor Holding Co., LTD. at its meeting held on June 10, 2022 approved Cash dividends of TWD 139,187,406 (TWD 1.5 per share). Ex-rights (ex-dividend) trading date is July 8, 2022. Ex-rights (ex-dividend) record date July 16, 2022. The payment date of cash dividend is August 5, 2022.Reported Earnings • May 09First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.63 (up from NT$0.59 in 1Q 2021). Revenue: NT$2.49b (down 5.3% from 1Q 2021). Net income: NT$58.3m (up 6.5% from 1Q 2021). Profit margin: 2.3% (up from 2.1% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 59%. Over the next year, revenue is forecast to grow 21% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.Price Target Changed • Apr 27Price target increased to NT$154Up from NT$135, the current price target is an average from 3 analysts. New target price is 10% above last closing price of NT$140. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of NT$9.35 for next year compared to NT$2.01 last year.Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sheng-Chung Lin was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$130, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$101 per share.Major Estimate Revision • Mar 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$11.4b to NT$12.1b. EPS estimate increased from NT$8.24 to NT$9.21 per share. Net income forecast to grow 360% next year vs 17% decline forecast for Chemicals industry in Taiwan. Consensus price target up from NT$99.33 to NT$109. Share price rose 6.9% to NT$106 over the past week.Reported Earnings • Mar 14Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$2.01 (down from NT$6.82 in FY 2020). Revenue: NT$10.7b (up 8.5% from FY 2020). Net income: NT$185.9m (down 70% from FY 2020). Profit margin: 1.7% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 53%. Over the next year, revenue is forecast to grow 10% compared to a 2.4% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 07Third quarter 2021 earnings released: NT$0.10 loss per share (vs NT$2.41 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$2.37b (down 21% from 3Q 2020). Net loss: NT$9.09m (down 104% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$104, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$61.80 per share.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$90.90, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.72 per share.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.41 (vs NT$2.73 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$2.80b (up 19% from 2Q 2020). Net income: NT$37.6m (down 85% from 2Q 2020). Profit margin: 1.3% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 13% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 03Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 06 September 2021. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$112, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$123 per share.Major Estimate Revision • May 12Consensus EPS estimates fall to NT$11.80The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from NT$13.4b to NT$12.9b. EPS estimate also fell from NT$13.76 to NT$11.80. Net income forecast to grow 105% next year vs 27% growth forecast for Chemicals industry in Taiwan. Consensus price target down from NT$175 to NT$147. Share price fell 8.2% to NT$123 over the past week.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.59 (vs NT$0.49 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$2.63b (up 137% from 1Q 2020). Net income: NT$54.7m (up 22% from 1Q 2020). Profit margin: 2.1% (down from 4.0% in 1Q 2020). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 20Price target decreased to NT$175Down from NT$190, the current price target is an average from 3 analysts. New target price is 23% above last closing price of NT$142. Stock is up 117% over the past year.분석 기사 • Apr 08Is Now The Time To Put Swancor Holding (TPE:3708) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...분석 기사 • Mar 27These 4 Measures Indicate That Swancor Holding (TPE:3708) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Mar 24Price target decreased to NT$178Down from NT$200, the current price target is an average from 3 analysts. New target price is 31% above last closing price of NT$136. Stock is up 142% over the past year.Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from NT$12.7b to NT$13.4b. EPS estimate fell from NT$15.76 to NT$13.76 per share. Net income forecast to grow 102% next year vs 39% growth forecast for Chemicals industry in Taiwan. Consensus price target down from NT$200 to NT$178. Share price was steady at NT$136 over the past week.분석 기사 • Mar 15Is Swancor Holding Co., LTD. (TPE:3708) A Good Dividend Stock?Is Swancor Holding Co., LTD. ( TPE:3708 ) a good dividend stock? How can we tell? Dividend paying companies with...Analyst Estimate Surprise Post Earnings • Mar 13Revenue and earnings miss expectationsRevenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 29%, compared to a 16% growth forecast for the Chemicals industry in Taiwan.Reported Earnings • Mar 11Full year 2020 earnings released: EPS NT$6.82 (vs NT$4.08 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$9.87b (up 60% from FY 2019). Net income: NT$626.0m (up 67% from FY 2019). Profit margin: 6.3% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.공시 • Mar 09Swancor Holding Co., LTD., Annual General Meeting, Mar 08, 2021Swancor Holding Co., LTD., Annual General Meeting, Mar 08, 2021. Location: No. 11, Gongye S. 6th Rd., Nantou City Nantou Taiwan Agenda: To consider the impact of the first adoption of IFRSs; to consider 2019 Supervisor inspection report; to consider 2020 business report; to consider 2020 Supervisor inspection report; to consider 2020 distribution of employees',directors' and supervisors' remuneration; to consider Cause for convening the meeting acknowledged matters: Ratification of 2019 (IFRSs) financial statements; to consider 2020 business report and financial statements; to consider 2020 earnings distribution; and to consider other matter.분석 기사 • Mar 02Are Swancor Holding Co., LTD.'s (TPE:3708) Mixed Financials Driving The Negative Sentiment?Swancor Holding (TPE:3708) has had a rough three months with its share price down 11%. It is possible that the markets...분석 기사 • Feb 17Swancor Holding Co., LTD. (TPE:3708) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the February share price for Swancor Holding Co., LTD. ( TPE:3708 ) reflect what it's really worth? Today, we will...분석 기사 • Feb 03Is It Too Late To Consider Buying Swancor Holding Co., LTD. (TPE:3708)?Swancor Holding Co., LTD. ( TPE:3708 ), might not be a large cap stock, but it received a lot of attention from a...분석 기사 • Jan 18The Returns At Swancor Holding (TPE:3708) Provide Us With Signs Of What's To ComeDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Is New 90 Day High Low • Jan 14New 90-day low: NT$141The company is down 15% from its price of NT$166 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$285 per share.분석 기사 • Jan 03Shareholders Of Swancor Holding (TPE:3708) Must Be Happy With Their 114% Total ReturnOne simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with...분석 기사 • Dec 21I Ran A Stock Scan For Earnings Growth And Swancor Holding (TPE:3708) Passed With EaseSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...분석 기사 • Dec 08Is Swancor Holding (TPE:3708) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Nov 25Swancor Holding Co., LTD.'s (TPE:3708) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?Swancor Holding's (TPE:3708) stock is up by a considerable 25% over the past three months. However, we decided to pay...Is New 90 Day High Low • Nov 09New 90-day high: NT$177The company is up 72% from its price of NT$103 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$114 per share.주주 수익률3708TW ChemicalsTW 시장7D10.6%0.4%-1.2%1Y55.3%68.4%90.3%전체 주주 수익률 보기수익률 대 산업: 3708은 지난 1년 동안 68.4%의 수익을 기록한 TW Chemicals 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 3708은 지난 1년 동안 90.3%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 3708's price volatile compared to industry and market?3708 volatility3708 Average Weekly Movement7.1%Chemicals Industry Average Movement7.1%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%안정적인 주가: 3708는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 3708의 주간 변동성(7%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1992n/aHsiao-Yi Tsaiwww.swancor.com는 대만 및 국제적으로 화학 소재의 제조 및 무역에 종사하고 있습니다. 부식 방지 탱크, 공장용 파이프, 탈황 탱크 및 발전소 굴뚝용 비닐 에스테르와 풍력 터빈 블레이드용 에폭시 수지 및 경화제를 제공합니다. 스완코어는 스완코어 브랜드로 제품을 판매하고 있습니다.더 보기Swancor Holding Co., LTD. 기초 지표 요약Swancor Holding의 순이익과 매출은 시가총액과 어떻게 비교됩니까?3708 기초 통계시가총액NT$13.63b순이익 (TTM)-NT$496.04m매출 (TTM)NT$848.72m15.9x주가매출비율(P/S)-27.3x주가수익비율(P/E)3708는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표3708 손익계산서 (TTM)매출NT$848.72m매출원가NT$714.32m총이익NT$134.40m기타 비용NT$630.44m순이익-NT$496.04m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-4.60총이익률15.84%순이익률-58.45%부채/자본 비율7.3%3708의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당1.9%현재 배당 수익률139%배당 성향3708는 안정적으로 배당을 지급합니까?3708 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 3708를 매수해야 하나요?Swancor Holding 배당 일정배당락일Jun 26 2026배당 지급일Jul 24 2026배당락일까지 남은 일수35 days배당 지급일까지 남은 일수63 days3708는 안정적으로 배당을 지급합니까?3708 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 08:04종가2026/05/22 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 소스Swancor Holding Co., LTD.는 3명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullKGI Securities Co. Ltd.YuTang LinSinoPac Securities Investment ServiceChuanchuan ChenYuanta Research
Declared Dividend • May 11Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 26th June 2026 Payment date: 24th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Mar 08Full year 2025 earnings released: NT$5.31 loss per share (vs NT$2.71 profit in FY 2024)Full year 2025 results: NT$5.31 loss per share (down from NT$2.71 profit in FY 2024). Revenue: NT$1.01b (down 87% from FY 2024). Net loss: NT$569.6m (down 301% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Feb 26Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026. Location: no,588, tung min rd., nantou city Taiwan
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$120, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 24% over the past three years.
New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: NT$0.85 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.85 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$152.9m (down 93% from 3Q 2024). Net loss: NT$93.0m (down 286% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Declared Dividend • May 11Dividend of NT$6.00 announcedShareholders will receive a dividend of NT$6.00. Ex-date: 26th June 2026 Payment date: 24th July 2026 Dividend yield will be 5.0%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (139% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 54% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • Mar 08Full year 2025 earnings released: NT$5.31 loss per share (vs NT$2.71 profit in FY 2024)Full year 2025 results: NT$5.31 loss per share (down from NT$2.71 profit in FY 2024). Revenue: NT$1.01b (down 87% from FY 2024). Net loss: NT$569.6m (down 301% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
공시 • Feb 26Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026Swancor Holding Co., LTD., Annual General Meeting, May 28, 2026. Location: no,588, tung min rd., nantou city Taiwan
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$120, the stock trades at a trailing P/E ratio of 70.1x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 24% over the past three years.
New Risk • Nov 26New major risk - Revenue and earnings growthEarnings have declined by 1.8% 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 Risks Share price has been highly volatile over the past 3 months (9.2% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 139% Paying a dividend despite having no free cash flows. Earnings have declined by 1.8% per year over the past 5 years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: NT$0.85 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.85 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$152.9m (down 93% from 3Q 2024). Net loss: NT$93.0m (down 286% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.35 loss per share (vs NT$0.76 profit in 2Q 2024)Second quarter 2025 results: NT$0.35 loss per share (down from NT$0.76 profit in 2Q 2024). Revenue: NT$1.98b (up 2.8% from 2Q 2024). Net loss: NT$37.7m (down 148% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 35.5x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total loss to shareholders of 15% over the past three years.
Upcoming Dividend • Jun 26Upcoming dividend of NT$2.35 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 30 July 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.1%).
Declared Dividend • Jun 07Dividend reduced to NT$2.30Dividend of NT$2.30 is 59% lower than last year. Ex-date: 3rd July 2025 Payment date: 30th July 2025 Dividend yield will be 2.7%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (288% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 4.7% 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 220% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend.
New Risk • Jun 04New 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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 288% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (3.2% net profit margin).
공시 • May 15Swancor Holding Co., Ltd. Announces Resignation of Jia-Hong Wong as Chief Internal Auditor Effective May 12, 2025Swancor Holding Co., LTD. announced the resignation of its Chief Internal Auditor, JIA-HONG WONG, effective May 12, 2025. JIA-HONG WONG previously held the position of Chief Administrator at Swancor Holding Co., Ltd. The position of the chief internal auditor is temporarily performed by the deputy. A further announcement will be made after the resolutions of the Audit Committee and the Board of Directors regarding the new chief internal auditor.
Reported Earnings • May 09First quarter 2025 earnings released: EPS: NT$0.48 (vs NT$0.77 in 1Q 2024)First quarter 2025 results: EPS: NT$0.48 (down from NT$0.77 in 1Q 2024). Revenue: NT$1.96b (up 13% from 1Q 2024). Net income: NT$52.3m (down 31% from 1Q 2024). Profit margin: 2.7% (down from 4.4% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings.
공시 • May 01Swancor Holding Co., LTD. to Report Q1, 2025 Results on May 08, 2025Swancor Holding Co., LTD. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$61.60, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total loss to shareholders of 39% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$37.13 per share.
분석 기사 • Mar 20Swancor Holding's (TWSE:3708) Problems Go Beyond Weak ProfitSwancor Holding Co., LTD.'s ( TWSE:3708 ) recent weak earnings report didn't cause a big stock movement. We think that...
Reported Earnings • Mar 19Full year 2024 earnings: EPS and revenues miss analyst expectationsFull year 2024 results: EPS: NT$2.71 (down from NT$12.88 in FY 2023). Revenue: NT$7.87b (up 7.9% from FY 2023). Net income: NT$284.1m (down 77% from FY 2023). Profit margin: 3.6% (down from 17% in FY 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 8.4%. Earnings per share (EPS) also missed analyst estimates by 6.2%. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Mar 07Swancor Holding Co., LTD., Annual General Meeting, May 26, 2025Swancor Holding Co., LTD., Annual General Meeting, May 26, 2025. Location: no,588, tung min rd., nantou city Taiwan
New Risk • Nov 19New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 10% 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 10% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (94% cash payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin). Shareholders have been diluted in the past year (12% increase in shares outstanding).
Reported Earnings • Nov 09Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$5.66 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (down from NT$5.66 in 3Q 2023). Revenue: NT$2.11b (up 9.6% from 3Q 2023). Net income: NT$50.1m (down 91% from 3Q 2023). Profit margin: 2.4% (down from 29% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 27% p.a. on average during the next 2 years, compared to a 5.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Sep 12Is Swancor Holding (TWSE:3708) Using Too Much Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Aug 15Some May Be Optimistic About Swancor Holding's (TWSE:3708) EarningsSwancor Holding Co., LTD.'s ( TWSE:3708 ) recent soft profit numbers didn't appear to worry shareholders, as the stock...
New Risk • Aug 15New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 10% per year for the foreseeable future. Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (9.3% net profit margin). Shareholders have been diluted in the past year (8.6% increase in shares outstanding).
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$0.76 (down from NT$7.11 in 2Q 2023). Revenue: NT$1.93b (up 12% from 2Q 2023). Net income: NT$78.2m (down 89% from 2Q 2023). Profit margin: 4.1% (down from 40% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 3.9%. Earnings per share (EPS) also surpassed analyst estimates by 43%. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공시 • Aug 10Swancor Holding Co., Ltd. Announces Distribution of Dividends for the First Half of 2024Swancor Holding Co., LTD. announced the distribution of dividends for the first half of 2024. Type and monetary amount of dividend distribution: Cash Dividends RMB 15,731,107.39.
분석 기사 • Aug 05Investors Don't See Light At End Of Swancor Holding Co., LTD.'s (TWSE:3708) Tunnel And Push Stock Down 27%Swancor Holding Co., LTD. ( TWSE:3708 ) shareholders that were waiting for something to happen have been dealt a blow...
공시 • Aug 02Swancor Holding Co., LTD. to Report Q2, 2024 Results on Aug 08, 2024Swancor Holding Co., LTD. announced that they will report Q2, 2024 results on Aug 08, 2024
Upcoming Dividend • Jun 24Upcoming dividend of NT$5.55 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 26 July 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 4.2%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.1%).
분석 기사 • Jun 22Swancor Holding (TWSE:3708) Is Increasing Its Dividend To NT$5.55Swancor Holding Co., LTD. ( TWSE:3708 ) has announced that it will be increasing its dividend from last year's...
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$151, the stock trades at a forward P/E ratio of 41x. Average forward P/E is 31x in the Chemicals industry in Taiwan. Total returns to shareholders of 43% over the past three years.
분석 기사 • Jun 03Swancor Holding's (TWSE:3708) Shareholders Will Receive A Bigger Dividend Than Last YearThe board of Swancor Holding Co., LTD. ( TWSE:3708 ) has announced that the dividend on 26th of July will be increased...
Declared Dividend • Jun 03Dividend increased to NT$6.00Dividend of NT$6.00 is 20% higher than last year. Ex-date: 1st July 2024 Payment date: 26th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is well covered by both earnings (35% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 10% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to decline by 66% over the next year. Since a fall of 61% would increase the payout ratio to a potentially unsustainable range, the dividend may be at risk.
공시 • Jun 01Swancor Holding Co., LTD. Approves Cash Dividends, Payable on July 26, 2024Swancor Holding Co., LTD. approved cash dividends of TWD 585,032,778, TWD 6 per share. Date of the resolution by the board of directors or shareholders meeting or decision by the company is May 31, 2024. Ex-rights (ex-dividend) trading date is July 1, 2024. Ex-rights (ex-dividend) record date is July 7, 2024. Payment date of common stock cash dividend distribution is July 26, 2024.
New Risk • May 30New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 66% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (3.8% increase in shares outstanding).
Price Target Changed • May 08Price target increased by 26% to NT$125Up from NT$99.67, the current price target is an average from 4 analysts. New target price is 19% below last closing price of NT$155. Stock is up 62% over the past year. The company is forecast to post earnings per share of NT$3.22 for next year compared to NT$12.88 last year.
공시 • May 02Swancor Holding Co., LTD. to Report Q1, 2024 Results on May 09, 2024Swancor Holding Co., LTD. announced that they will report Q1, 2024 results on May 09, 2024
Valuation Update With 7 Day Price Move • Apr 18Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$147, the stock trades at a forward P/E ratio of 45x. Average forward P/E is 30x in the Chemicals industry in Taiwan. Total returns to shareholders of 18% over the past three years.
분석 기사 • Apr 15Swancor Holding Co., LTD. (TWSE:3708) Shares Fly 25% But Investors Aren't Buying For GrowthSwancor Holding Co., LTD. ( TWSE:3708 ) shares have continued their recent momentum with a 25% gain in the last month...
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$128, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 26x in the Chemicals industry in Taiwan. Total returns to shareholders of 3.9% over the past three years.
Reported Earnings • Mar 13Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$12.88 (up from NT$9.48 in FY 2022). Revenue: NT$7.29b (down 25% from FY 2022). Net income: NT$1.26b (up 39% from FY 2022). Profit margin: 17% (up from 9.2% in FY 2022). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 6.6%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Mar 12Swancor Holding Co., LTD., Annual General Meeting, May 31, 2024Swancor Holding Co., LTD., Annual General Meeting, May 31, 2024. Location: No. 588, Dongmin Rd Nantou City Taiwan Agenda: To consider and approve the 2023 business report; to consider and approve the 2023 Audit Committee's review report; to consider and approve the 2023 distribution of employees' and directors' remuneration report; to consider and approve the 2021 Report on the Issuance of 3rd domestic Secured Convertible Corporate; to consider and approve the Execution report of repurchase treasury shares; and to consider and approve other matters of business.
Valuation Update With 7 Day Price Move • Feb 19Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$112, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total loss to shareholders of 21% over the past three years.
Major Estimate Revision • Nov 15Consensus EPS estimates fall by 12%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from NT$7.56b to NT$7.28b. EPS estimate also fell from NT$15.65 per share to NT$13.74 per share. Net income forecast to shrink 55% next year vs 35% growth forecast for Chemicals industry in Taiwan . Consensus price target down from NT$100.00 to NT$90.00. Share price was steady at NT$96.00 over the past week.
Price Target Changed • Nov 14Price target decreased by 15% to NT$90.00Down from NT$107, the current price target is an average from 2 analysts. New target price is 5.3% below last closing price of NT$95.00. Stock is up 1.9% over the past year. The company is forecast to post earnings per share of NT$13.74 for next year compared to NT$9.48 last year.
Reported Earnings • Nov 09Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2023 results: EPS: NT$5.66 (down from NT$6.46 in 3Q 2022). Revenue: NT$1.92b (down 18% from 3Q 2022). Net income: NT$552.4m (down 12% from 3Q 2022). Profit margin: 29% (up from 27% in 3Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) exceeded analyst estimates by 35%. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 6.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
New Risk • Aug 14New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 71% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 63% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
공시 • Aug 10Stonepeak Oceanview Taiwan Co., Ltd. agreed to acquire 5% stake in Synera Renewable Energy Co., Ltd. from Swancor Holding Co., LTD. (TWSE:3708) for $8 million.Stonepeak Oceanview Taiwan Co., Ltd. agreed to acquire 5% stake in Synera Renewable Energy Co., Ltd. from Swancor Holding Co., LTD. (TWSE:3708) for $8 million on August 8, 2023. The deal has been approved by board of directors of Swancor Holding Co., LTD., and is subject to approval from Investment Commission Ministry of Economic Affairs. Hu Hsiang-Ning of Yangtze CPAs & Co acted as accountant to Swancor Holding Co., LTD.
Reported Earnings • Aug 09Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2023 results: EPS: NT$7.11 (up from NT$1.10 in 2Q 2022). Revenue: NT$1.72b (down 35% from 2Q 2022). Net income: NT$692.6m (up NT$590.2m from 2Q 2022). Profit margin: 40% (up from 3.9% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 5.2%. Earnings per share (EPS) exceeded analyst estimates by 16%. Revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
공시 • Aug 09Swancor Holding Co., LTD. Announces Corporate Governance Officer ChangesSwancor Holding Co., LTD. announced the resignation of Chia-Min Hung as Corporate governance officer of the company and appointed Li-Min Hung /Associate Manager of the company as Corporate governance officer of the company, with effect from August 8, 2023.
Upcoming Dividend • Jun 21Upcoming dividend of NT$5.00 per share at 5.2% yieldEligible shareholders must have bought the stock before 28 June 2023. Payment date: 25 July 2023. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.5%).
공시 • May 30Swancor Holding Co., LTD. Announces Cash Dividend, Payable on July 25, 2023Swancor Holding Co., LTD. announced Cash dividends of TWD 487,090,520 or TWD 5 per share. Ex-rights (ex-dividend) record date is July 4, 2023. Payment date of cash dividend distribution is July 25, 2023. Ex-rights (ex-dividend) trading date is June 28, 2023.
Major Estimate Revision • May 27Consensus revenue estimates decrease by 32%, EPS upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from NT$11.4b to NT$7.74b. EPS estimate increased from NT$14.52 to NT$15.71 per share. Net income forecast to grow 46% next year vs 12% growth forecast for Chemicals industry in Taiwan. Consensus price target up from NT$107 to NT$110. Share price was steady at NT$96.60 over the past week.
Reported Earnings • May 10First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$0.20 (down from NT$0.63 in 1Q 2022). Revenue: NT$1.70b (down 32% from 1Q 2022). Net income: NT$19.1m (down 67% from 1Q 2022). Profit margin: 1.1% (down from 2.3% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 32%. Earnings per share (EPS) also missed analyst estimates by 78%. Revenue is forecast to grow 16% p.a. on average during the next 2 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Nov 16Price target decreased to NT$104Down from NT$122, the current price target is an average from 3 analysts. New target price is 12% above last closing price of NT$93.20. Stock is up 1.2% over the past year. The company is forecast to post earnings per share of NT$9.30 for next year compared to NT$2.01 last year.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. Independent Director Sheng-Chung Lin was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Nov 04Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2022 results: EPS: NT$6.46 (up from NT$0.098 loss in 3Q 2021). Revenue: NT$2.36b (flat on 3Q 2021). Net income: NT$629.0m (up NT$638.1m from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Revenue missed analyst estimates by 12%. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 12% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Taiwan are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$101, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 35% over the past three years.
Price Target Changed • Aug 09Price target decreased to NT$145Down from NT$163, the current price target is an average from 2 analysts. New target price is 42% above last closing price of NT$102. Stock is up 10% over the past year. The company is forecast to post earnings per share of NT$9.69 for next year compared to NT$2.01 last year.
Reported Earnings • Aug 07Second quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2022 results: EPS: NT$1.10 (up from NT$0.41 in 2Q 2021). Revenue: NT$2.62b (down 6.2% from 2Q 2021). Net income: NT$102.4m (up 172% from 2Q 2021). Profit margin: 3.9% (up from 1.3% in 2Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.1%. Earnings per share (EPS) exceeded analyst estimates by 26%. Over the next year, revenue is forecast to grow 22% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
공시 • Aug 06Swancor Holding Co., LTD. Announces Establish the Sustainable Development Committee and to Appoint Members of Sustainable Development CommitteeSwancor Holding Co., LTD. announced that its board of directors established the sustainable development committee and appointed members of sustainable development committee. Name of the new position holder: Jau-Yang Tsai, Kuei-Tuan Chen, Pan-Chiang Yang, Hsiao-Yi Tsai, Hsiu-Chun Wang, Jui-Hua Li, Sheng-Chung Lin and Chung-Ming Liu. Resume of the new position holder: Jau-Yang Tsai, Chairman and General manager of the Company; Kuei-Tuan Chen, Director of the Company; Pan-Chiang Yang, Director of the Company; Hsiao-Yi Tsai, Director of the Company; Hsiu-Chun Wang, Independent Director of the Company; Jui-Hua Li, Independent Director of the Company; Sheng-Chung Lin, Independent Director of the Company; Chung-Ming Liu, Independent Director of the Company. Effective date of the new member: August 5, 2022.
Buying Opportunity • Jul 20Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 20%. The fair value is estimated to be NT$131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 15% in a year. Earnings is forecast to grow by 481% in the next year.
Upcoming Dividend • Jul 01Upcoming dividend of NT$1.43 per shareEligible shareholders must have bought the stock before 08 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 70% but the company is paying out more than the cash it is generating. Trailing yield: 1.2%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (7.1%).
공시 • Jun 23Swancor Holding Co., LTD. Adjusts the Cash Dividend RatioSwancor Holding Co., LTD. announced the Company Adjusts the Cash Dividend Ratio. Type and monetary amount of original dividend distribution: Cash dividend TWD 139,187,406, TWD 1.5 per share. Type and monetary amount of dividend distribution after the change: Cash dividend TWD 139,187,406, TWD 1.42927328 per share. Reason for the change: Due to the conversion of the company's corporate bonds into ordinary shares, the number of outstanding shares has been changed. The board of directors is authorized to adjust the dividend rate according to the resolution of the shareholders' meeting, and the chairman is authorized to deal with it solely by the resolution of the board of directors on June 10, 2022.
공시 • Jun 11Swancor Holding Co., LTD. Approves Cash Dividends, Payable on August 5, 2022Swancor Holding Co., LTD. at its meeting held on June 10, 2022 approved Cash dividends of TWD 139,187,406 (TWD 1.5 per share). Ex-rights (ex-dividend) trading date is July 8, 2022. Ex-rights (ex-dividend) record date July 16, 2022. The payment date of cash dividend is August 5, 2022.
Reported Earnings • May 09First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.63 (up from NT$0.59 in 1Q 2021). Revenue: NT$2.49b (down 5.3% from 1Q 2021). Net income: NT$58.3m (up 6.5% from 1Q 2021). Profit margin: 2.3% (up from 2.1% in 1Q 2021). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) exceeded analyst estimates by 59%. Over the next year, revenue is forecast to grow 21% while the industry in Taiwan is not expected to grow. Over the last 3 years on average, earnings per share has increased by 13% per year and the company’s share price has also increased by 13% per year.
Price Target Changed • Apr 27Price target increased to NT$154Up from NT$135, the current price target is an average from 3 analysts. New target price is 10% above last closing price of NT$140. Stock is down 2.8% over the past year. The company is forecast to post earnings per share of NT$9.35 for next year compared to NT$2.01 last year.
Board Change • Apr 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director Sheng-Chung Lin was the last director to join the board, commencing their role in 2019. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$130, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 49% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$101 per share.
Major Estimate Revision • Mar 30Consensus EPS estimates increase by 12%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from NT$11.4b to NT$12.1b. EPS estimate increased from NT$8.24 to NT$9.21 per share. Net income forecast to grow 360% next year vs 17% decline forecast for Chemicals industry in Taiwan. Consensus price target up from NT$99.33 to NT$109. Share price rose 6.9% to NT$106 over the past week.
Reported Earnings • Mar 14Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$2.01 (down from NT$6.82 in FY 2020). Revenue: NT$10.7b (up 8.5% from FY 2020). Net income: NT$185.9m (down 70% from FY 2020). Profit margin: 1.7% (down from 6.3% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 53%. Over the next year, revenue is forecast to grow 10% compared to a 2.4% decline forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 07Third quarter 2021 earnings released: NT$0.10 loss per share (vs NT$2.41 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$2.37b (down 21% from 3Q 2020). Net loss: NT$9.09m (down 104% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 01Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$104, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 14x in the Chemicals industry in Taiwan. Total returns to shareholders of 63% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$61.80 per share.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$90.90, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 48% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$55.72 per share.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$0.41 (vs NT$2.73 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$2.80b (up 19% from 2Q 2020). Net income: NT$37.6m (down 85% from 2Q 2020). Profit margin: 1.3% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. 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 13% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 03Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 10 August 2021. Payment date: 06 September 2021. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to NT$112, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 26% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$123 per share.
Major Estimate Revision • May 12Consensus EPS estimates fall to NT$11.80The consensus outlook for earnings per share (EPS) in 2021 has deteriorated. 2021 revenue forecast decreased from NT$13.4b to NT$12.9b. EPS estimate also fell from NT$13.76 to NT$11.80. Net income forecast to grow 105% next year vs 27% growth forecast for Chemicals industry in Taiwan. Consensus price target down from NT$175 to NT$147. Share price fell 8.2% to NT$123 over the past week.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$0.59 (vs NT$0.49 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$2.63b (up 137% from 1Q 2020). Net income: NT$54.7m (up 22% from 1Q 2020). Profit margin: 2.1% (down from 4.0% in 1Q 2020). The decrease in margin was driven by higher expenses. 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 11% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 20Price target decreased to NT$175Down from NT$190, the current price target is an average from 3 analysts. New target price is 23% above last closing price of NT$142. Stock is up 117% over the past year.
분석 기사 • Apr 08Is Now The Time To Put Swancor Holding (TPE:3708) On Your Watchlist?Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
분석 기사 • Mar 27These 4 Measures Indicate That Swancor Holding (TPE:3708) Is Using Debt SafelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Mar 24Price target decreased to NT$178Down from NT$200, the current price target is an average from 3 analysts. New target price is 31% above last closing price of NT$136. Stock is up 142% over the past year.
Major Estimate Revision • Mar 24Consensus forecasts updatedThe consensus outlook for 2021 has been updated. 2021 revenue forecast increased from NT$12.7b to NT$13.4b. EPS estimate fell from NT$15.76 to NT$13.76 per share. Net income forecast to grow 102% next year vs 39% growth forecast for Chemicals industry in Taiwan. Consensus price target down from NT$200 to NT$178. Share price was steady at NT$136 over the past week.
분석 기사 • Mar 15Is Swancor Holding Co., LTD. (TPE:3708) A Good Dividend Stock?Is Swancor Holding Co., LTD. ( TPE:3708 ) a good dividend stock? How can we tell? Dividend paying companies with...
Analyst Estimate Surprise Post Earnings • Mar 13Revenue and earnings miss expectationsRevenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 13%. Over the next year, revenue is forecast to grow 29%, compared to a 16% growth forecast for the Chemicals industry in Taiwan.
Reported Earnings • Mar 11Full year 2020 earnings released: EPS NT$6.82 (vs NT$4.08 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$9.87b (up 60% from FY 2019). Net income: NT$626.0m (up 67% from FY 2019). Profit margin: 6.3% (up from 6.1% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
공시 • Mar 09Swancor Holding Co., LTD., Annual General Meeting, Mar 08, 2021Swancor Holding Co., LTD., Annual General Meeting, Mar 08, 2021. Location: No. 11, Gongye S. 6th Rd., Nantou City Nantou Taiwan Agenda: To consider the impact of the first adoption of IFRSs; to consider 2019 Supervisor inspection report; to consider 2020 business report; to consider 2020 Supervisor inspection report; to consider 2020 distribution of employees',directors' and supervisors' remuneration; to consider Cause for convening the meeting acknowledged matters: Ratification of 2019 (IFRSs) financial statements; to consider 2020 business report and financial statements; to consider 2020 earnings distribution; and to consider other matter.
분석 기사 • Mar 02Are Swancor Holding Co., LTD.'s (TPE:3708) Mixed Financials Driving The Negative Sentiment?Swancor Holding (TPE:3708) has had a rough three months with its share price down 11%. It is possible that the markets...
분석 기사 • Feb 17Swancor Holding Co., LTD. (TPE:3708) Shares Could Be 49% Below Their Intrinsic Value EstimateDoes the February share price for Swancor Holding Co., LTD. ( TPE:3708 ) reflect what it's really worth? Today, we will...
분석 기사 • Feb 03Is It Too Late To Consider Buying Swancor Holding Co., LTD. (TPE:3708)?Swancor Holding Co., LTD. ( TPE:3708 ), might not be a large cap stock, but it received a lot of attention from a...
분석 기사 • Jan 18The Returns At Swancor Holding (TPE:3708) Provide Us With Signs Of What's To ComeDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Is New 90 Day High Low • Jan 14New 90-day low: NT$141The company is down 15% from its price of NT$166 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$285 per share.
분석 기사 • Jan 03Shareholders Of Swancor Holding (TPE:3708) Must Be Happy With Their 114% Total ReturnOne simple way to benefit from the stock market is to buy an index fund. But if you choose individual stocks with...
분석 기사 • Dec 21I Ran A Stock Scan For Earnings Growth And Swancor Holding (TPE:3708) Passed With EaseSome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
분석 기사 • Dec 08Is Swancor Holding (TPE:3708) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Nov 25Swancor Holding Co., LTD.'s (TPE:3708) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?Swancor Holding's (TPE:3708) stock is up by a considerable 25% over the past three months. However, we decided to pay...
Is New 90 Day High Low • Nov 09New 90-day high: NT$177The company is up 72% from its price of NT$103 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$114 per share.
