View Financial HealthYem Chio 배당 및 자사주 매입배당 기준 점검 2/6Yem Chio 은(는) 현재 수익률이 4.58% 인 배당금 지급 회사입니다. 다음 지급일은 7th August, 2026 이며 배당락일은 다음과 같습니다. 13th July, 2026.핵심 정보4.6%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률12.3%다음 배당 지급일07 Aug 26배당락일13 Jul 26주당 배당금n/a배당 성향186%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).분석 기사 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).분석 기사 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 26Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$13.65. The fair value is estimated to be NT$17.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 38%.Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.24 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.24 (up from NT$0.12 in 1Q 2025). Revenue: NT$3.27b (up 9.1% from 1Q 2025). Net income: NT$155.4m (up 94% from 1Q 2025). Profit margin: 4.8% (up from 2.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 268% Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).공시 • Mar 16Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwan공시 • Jan 09+ 1 more updateYem Chio Co., Ltd. Announces Passing of Independent Director, Wang, Jian-ChuanYEM CHIO CO., LTD. announced the passing of Wang, Jian-Chuan, who was Independent director. Wang, Jian-Chuan served as Vice President, Chung-Hua Institution for Economic Research. The vacancy will be filled by re-election at the next shareholders' meeting or appointed by the Board of Directors. Reason for the change: death. The original term was from June 20, 2025 to June 19, 2028. The date of occurrence of the change was January 8, 2026.New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 30% 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 Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 399% Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.009 loss per share (vs NT$0.71 profit in 2Q 2024)Second quarter 2025 results: NT$0.009 loss per share (down from NT$0.71 profit in 2Q 2024). Revenue: NT$3.12b (down 39% from 2Q 2024). Net loss: NT$5.39m (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.공시 • Jun 21+ 3 more updatesYem Chio Co., Ltd. Announces Audit and Risk Committee Changes, Effective June 20, 2025Yem Chio Co., Ltd. announced that the third members of the Audit and Risk committee. Name of the previous position holder: Chen, Shun-Fa and Wan, Jiann- Chyuan. Resume of the previous position holder: Chen, Shun-Fa/The accountant of PWC, Wan, Jiann- Chyuan/The vice premier of Chung-Hua Institution for Economic Research. Name of the new position holder: Wan, Jiann- Chyuan and Hong, Jung-Ting. Resume of the new position holder: Wan, Jiann- Chyuan/independent director of Yem Chio CO.,LTD Hong, Jung-Ting/President of Yuanta Securities Financial Co., Ltd. Effective date of the new member: June 20, 2025.Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.30 in 1Q 2024). Revenue: NT$2.99b (down 3.0% from 1Q 2024). Net income: NT$80.1m (down 58% from 1Q 2024). Profit margin: 2.7% (down from 6.2% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$14.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Packaging industry in Taiwan. Total returns to shareholders of 10% over the past three years.Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$15.80. The fair value is estimated to be NT$21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 25%.공시 • Mar 17Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city TaiwanNew Risk • Dec 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding).Buy Or Sell Opportunity • Nov 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to NT$18.20. The fair value is estimated to be NT$22.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.공시 • Nov 05Yem Chio Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Yem Chio Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$18.40. The fair value is estimated to be NT$23.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.72 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.10b (up 64% from 2Q 2023). Net income: NT$459.8m (up 80% from 2Q 2023). Profit margin: 9.0% (up from 8.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.공시 • Aug 02Yem Chio Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Yem Chio Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024분석 기사 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).분석 기사 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.15 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.15 in 1Q 2023). Revenue: NT$3.09b (up 5.0% from 1Q 2023). Net income: NT$192.8m (up 117% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.공시 • May 08Yem Chio Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Yem Chio Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024분석 기사 • Apr 17Little Excitement Around Yem Chio Co., Ltd.'s (TWSE:4306) EarningsYem Chio Co., Ltd.'s ( TWSE:4306 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy right now...공시 • Apr 02Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024.분석 기사 • Mar 26We Think That There Are More Issues For Yem Chio (TWSE:4306) Than Just Sluggish EarningsThe subdued market reaction suggests that Yem Chio Co., Ltd.'s ( TWSE:4306 ) recent earnings didn't contain any...Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.72 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.72 in FY 2022). Revenue: NT$13.2b (down 9.9% from FY 2022). Net income: NT$801.2m (down 23% from FY 2022). Profit margin: 6.1% (down from 7.1% in FY 2022). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is well ahead of earnings.분석 기사 • Mar 07Yem Chio (TWSE:4306) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.54 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (down from NT$0.54 in 3Q 2022). Revenue: NT$3.16b (down 11% from 3Q 2022). Net income: NT$237.8m (down 28% from 3Q 2022). Profit margin: 7.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.47 in 2Q 2022). Revenue: NT$3.10b (down 25% from 2Q 2022). Net income: NT$255.3m (down 11% from 2Q 2022). Profit margin: 8.2% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.New Risk • Jul 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per share at 6.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (5.3%).공시 • May 26Yem Chio Announces Dividend Payable on August 10, 2023Yem Chio Co., Ltd. announced the dividend record date and the payable date of cash dividends. Type and monetary amount of dividend distribution: Cash dividends: TWD 625,786,540. Ex-rights (ex-dividend) trading date: July 18, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 25, 2023. Payment date of cash dividend distribution: August 10, 2023.Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.72 (vs NT$3.47 in FY 2021)Full year 2022 results: EPS: NT$1.72 (down from NT$3.47 in FY 2021). Revenue: NT$14.7b (down 15% from FY 2021). Net income: NT$1.04b (down 49% from FY 2021). Profit margin: 7.1% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Board Change • 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. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공시 • Nov 12Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd.Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd. on November 10, 2022. The merger has been approved by the board of directors of Chuang-Yi Investment Co., Ltd. The transaction is expected to complete on December 1, 2022.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.48 (down from NT$0.75 in 2Q 2021). Revenue: NT$4.12b (down 11% from 2Q 2021). Net income: NT$287.2m (down 34% from 2Q 2021). Profit margin: 7.0% (down from 9.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jul 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (6.6%).Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Jun 30Yem Chio Co., Ltd. Announces Adjustment of Dividend Distribution RatioYem Chio Co., Ltd. held its shareholders meeting on June 29, 2022, approved type and monetary amount of original dividend distribution: cash dividend of TWD 1 per share. Type and monetary amount of dividend distribution after the change: cash dividend of TWD 0.99993307 per share.공시 • May 21Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Yem Chio Co., Ltd. announced Cash dividend of TWD 622,566,349 with record date of July 23, 2022, payable date of August 10, 2022 and ex-dividend of July 15, 2022.Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.56 (down from NT$1.73 in 1Q 2021). Revenue: NT$3.89b (down 1.3% from 1Q 2021). Net income: NT$335.6m (down 66% from 1Q 2021). Profit margin: 8.6% (down from 25% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: NT$3.47 (up from NT$1.43 in FY 2020). Revenue: NT$17.2b (up 23% from FY 2020). Net income: NT$2.05b (up 154% from FY 2020). Profit margin: 12% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. 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 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$1.88 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$4.36b (up 23% from 3Q 2020). Net income: NT$372.8m (down 65% from 3Q 2020). Profit margin: 8.6% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$4.62b (up 42% from 2Q 2020). Net income: NT$432.9m (up 27% from 2Q 2020). Profit margin: 9.4% (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 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 16Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 23 July 2021. Payment date: 17 August 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.1%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.83 (vs NT$0.34 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.94b (up 25% from 1Q 2020). Net income: NT$994.4m (up NT$1.18b from 1Q 2020). Profit margin: 25% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$19.45, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Packaging industry in Taiwan. Total returns to shareholders of 26% over the past three years.분석 기사 • Apr 19These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 29Yem Chio Co., Ltd.'s (TPE:4306) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Is Yem Chio Co., Ltd. ( TPE:4306 ) a good dividend stock? How can we tell? Dividend paying companies with growing...분석 기사 • Mar 08Is Yem Chio Co., Ltd.'s (TPE:4306) ROE Of 7.8% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...Reported Earnings • Mar 06Full year 2020 earnings released: EPS NT$1.51 (vs NT$0.99 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$13.9b (down 14% from FY 2019). Net income: NT$805.6m (up NT$1.31b from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.분석 기사 • Feb 15The Yem Chio (TPE:4306) Share Price Has Gained 29% And Shareholders Are Hoping For MoreWhile Yem Chio Co., Ltd. ( TPE:4306 ) shareholders are probably generally happy, the stock hasn't had particularly good...분석 기사 • Jan 28Will Yem Chio's (TPE:4306) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Is New 90 Day High Low • Jan 20New 90-day low: NT$14.40The company is down 5.0% from its price of NT$15.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 2.0% over the same period.분석 기사 • Jan 11Yem Chio (TPE:4306) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...분석 기사 • Dec 26These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Nov 26Does Yem Chio Co., Ltd. (TPE:4306) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.00The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.56b (down 15% from 3Q 2019). Net income: NT$1.05b (up NT$1.05b from 3Q 2019). Profit margin: 30% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Nov 09New 90-day high: NT$16.25The company is up 32% from its price of NT$12.35 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 Packaging industry, which is up 20% over the same period.예정된 배당 지급오늘Jun 10 2026배당락일Jul 13 2026배당 지급일Aug 07 202625 days (배당락일 기준)다음 배당금을 받으려면 앞으로 33 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 4306 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 4306 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Yem Chio 배당 수익률 vs 시장4306의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (4306)4.6%시장 하위 25% (TW)1.4%시장 상위 25% (TW)4.9%업계 평균 (Packaging)4.7%분석가 예측 (4306) (최대 3년)n/a주목할만한 배당금: 4306 의 배당금( 4.58% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.4% )보다 높습니다.고배당: 4306 의 배당금( 4.58% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.88% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 186.2% )이 높기 때문에 4306 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 4306 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/10 08:27종가2026/06/10 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 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 소스Yem Chio 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.분석가기관Hengyu FuMasterlink Securities Investment AdvisoryRobbie TsengYuanta Researchnull nullYuanta Research
Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).
분석 기사 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).
분석 기사 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...
Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.
Buy Or Sell Opportunity • May 26Now 22% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$13.65. The fair value is estimated to be NT$17.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 38%.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.24 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.24 (up from NT$0.12 in 1Q 2025). Revenue: NT$3.27b (up 9.1% from 1Q 2025). Net income: NT$155.4m (up 94% from 1Q 2025). Profit margin: 4.8% (up from 2.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 268% Paying a dividend despite having no free cash flows. Earnings have declined by 37% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.3% net profit margin).
공시 • Mar 16Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026Yem Chio Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
공시 • Jan 09+ 1 more updateYem Chio Co., Ltd. Announces Passing of Independent Director, Wang, Jian-ChuanYEM CHIO CO., LTD. announced the passing of Wang, Jian-Chuan, who was Independent director. Wang, Jian-Chuan served as Vice President, Chung-Hua Institution for Economic Research. The vacancy will be filled by re-election at the next shareholders' meeting or appointed by the Board of Directors. Reason for the change: death. The original term was from June 20, 2025 to June 19, 2028. The date of occurrence of the change was January 8, 2026.
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 30% 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 Interest payments are not well covered by earnings (1.8x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 399% Paying a dividend despite having no free cash flows. Earnings have declined by 30% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (1.3% net profit margin).
Upcoming Dividend • Aug 25Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 26 September 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.5%).
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$0.009 loss per share (vs NT$0.71 profit in 2Q 2024)Second quarter 2025 results: NT$0.009 loss per share (down from NT$0.71 profit in 2Q 2024). Revenue: NT$3.12b (down 39% from 2Q 2024). Net loss: NT$5.39m (down 101% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
공시 • Jun 21+ 3 more updatesYem Chio Co., Ltd. Announces Audit and Risk Committee Changes, Effective June 20, 2025Yem Chio Co., Ltd. announced that the third members of the Audit and Risk committee. Name of the previous position holder: Chen, Shun-Fa and Wan, Jiann- Chyuan. Resume of the previous position holder: Chen, Shun-Fa/The accountant of PWC, Wan, Jiann- Chyuan/The vice premier of Chung-Hua Institution for Economic Research. Name of the new position holder: Wan, Jiann- Chyuan and Hong, Jung-Ting. Resume of the new position holder: Wan, Jiann- Chyuan/independent director of Yem Chio CO.,LTD Hong, Jung-Ting/President of Yuanta Securities Financial Co., Ltd. Effective date of the new member: June 20, 2025.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.30 in 1Q 2024). Revenue: NT$2.99b (down 3.0% from 1Q 2024). Net income: NT$80.1m (down 58% from 1Q 2024). Profit margin: 2.7% (down from 6.2% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$14.40, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Packaging industry in Taiwan. Total returns to shareholders of 10% over the past three years.
Buy Or Sell Opportunity • Apr 07Now 27% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$15.80. The fair value is estimated to be NT$21.79, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.0% over the last 3 years. Earnings per share has declined by 25%.
공시 • Mar 17Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025Yem Chio Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: b1 floor no,397, hsing shan rd., neihu district, taipei city Taiwan
New Risk • Dec 07New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding).
Buy Or Sell Opportunity • Nov 26Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.4% to NT$18.20. The fair value is estimated to be NT$22.85, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.
공시 • Nov 05Yem Chio Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Yem Chio Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Buy Or Sell Opportunity • Oct 29Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to NT$18.40. The fair value is estimated to be NT$23.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 9.1% over the last 3 years. Earnings per share has declined by 47%.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.41 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.72 (up from NT$0.41 in 2Q 2023). Revenue: NT$5.10b (up 64% from 2Q 2023). Net income: NT$459.8m (up 80% from 2Q 2023). Profit margin: 9.0% (up from 8.2% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
공시 • Aug 02Yem Chio Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Yem Chio Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
분석 기사 • Jul 15Yem Chio (TWSE:4306) Has Announced That It Will Be Increasing Its Dividend To NT$0.9807Yem Chio Co., Ltd. ( TWSE:4306 ) will increase its dividend on the 9th of August to NT$0.9807, which is 0.2% higher...
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per shareEligible shareholders must have bought the stock before 18 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.3%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.9%).
분석 기사 • Jun 24Yem Chio (TWSE:4306) Is Due To Pay A Dividend Of NT$0.9807Yem Chio Co., Ltd.'s ( TWSE:4306 ) investors are due to receive a payment of NT$0.9807 per share on 9th of August...
Declared Dividend • May 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2024 Payment date: 9th August 2024 Dividend yield will be 5.2%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (70% earnings payout ratio) but 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 9.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 30% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • May 25Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 9, 2024Yem Chio Co., Ltd. announced cash dividend of TWD 650,687,541. Ex-rights (ex-dividend) trading date is July 18, 2024, Ex-rights (ex-dividend) record date is July 24, 2024, Payment date of common stock cash dividend distribution is August 9, 2024.
Reported Earnings • May 18First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.15 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30 (up from NT$0.15 in 1Q 2023). Revenue: NT$3.09b (up 5.0% from 1Q 2023). Net income: NT$192.8m (up 117% from 1Q 2023). Profit margin: 6.2% (up from 3.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
공시 • May 08Yem Chio Co., Ltd. to Report Q1, 2024 Results on May 14, 2024Yem Chio Co., Ltd. announced that they will report Q1, 2024 results on May 14, 2024
분석 기사 • Apr 17Little Excitement Around Yem Chio Co., Ltd.'s (TWSE:4306) EarningsYem Chio Co., Ltd.'s ( TWSE:4306 ) price-to-earnings (or "P/E") ratio of 14.2x might make it look like a buy right now...
공시 • Apr 02Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024Yem Chio Co., Ltd., Annual General Meeting, Jun 21, 2024.
분석 기사 • Mar 26We Think That There Are More Issues For Yem Chio (TWSE:4306) Than Just Sluggish EarningsThe subdued market reaction suggests that Yem Chio Co., Ltd.'s ( TWSE:4306 ) recent earnings didn't contain any...
Reported Earnings • Mar 21Full year 2023 earnings released: EPS: NT$1.30 (vs NT$1.72 in FY 2022)Full year 2023 results: EPS: NT$1.30 (down from NT$1.72 in FY 2022). Revenue: NT$13.2b (down 9.9% from FY 2022). Net income: NT$801.2m (down 23% from FY 2022). Profit margin: 6.1% (down from 7.1% in FY 2022). The decrease in margin was driven by lower revenue. 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 7% per year, which means it is well ahead of earnings.
분석 기사 • Mar 07Yem Chio (TWSE:4306) Will Be Looking To Turn Around Its ReturnsWhen we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Reported Earnings • Nov 18Third quarter 2023 earnings released: EPS: NT$0.38 (vs NT$0.54 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.38 (down from NT$0.54 in 3Q 2022). Revenue: NT$3.16b (down 11% from 3Q 2022). Net income: NT$237.8m (down 28% from 3Q 2022). Profit margin: 7.5% (down from 9.2% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.41 (vs NT$0.47 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.41 (down from NT$0.47 in 2Q 2022). Revenue: NT$3.10b (down 25% from 2Q 2022). Net income: NT$255.3m (down 11% from 2Q 2022). Profit margin: 8.2% (up from 7.0% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
New Risk • Jul 18New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (15% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • Jul 11Upcoming dividend of NT$0.98 per share at 6.3% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 76%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (5.3%).
공시 • May 26Yem Chio Announces Dividend Payable on August 10, 2023Yem Chio Co., Ltd. announced the dividend record date and the payable date of cash dividends. Type and monetary amount of dividend distribution: Cash dividends: TWD 625,786,540. Ex-rights (ex-dividend) trading date: July 18, 2023. Ex-rights (ex-dividend) record date: July 24, 2023. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: May 25, 2023. Payment date of cash dividend distribution: August 10, 2023.
Reported Earnings • Mar 18Full year 2022 earnings released: EPS: NT$1.72 (vs NT$3.47 in FY 2021)Full year 2022 results: EPS: NT$1.72 (down from NT$3.47 in FY 2021). Revenue: NT$14.7b (down 15% from FY 2021). Net income: NT$1.04b (down 49% from FY 2021). Profit margin: 7.1% (down from 12% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Board Change • 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. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.53 (vs NT$0.62 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.53 (down from NT$0.62 in 3Q 2021). Revenue: NT$3.56b (down 18% from 3Q 2021). Net income: NT$329.0m (down 12% from 3Q 2021). Profit margin: 9.2% (up from 8.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공시 • Nov 12Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd.Yem Chio Co., Ltd. (TWSE:4306) agreed to acquire Chuang-Yi Investment Co., Ltd. on November 10, 2022. The merger has been approved by the board of directors of Chuang-Yi Investment Co., Ltd. The transaction is expected to complete on December 1, 2022.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.48 (vs NT$0.75 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.48 (down from NT$0.75 in 2Q 2021). Revenue: NT$4.12b (down 11% from 2Q 2021). Net income: NT$287.2m (down 34% from 2Q 2021). Profit margin: 7.0% (down from 9.4% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Board Change • Aug 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jul 08Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 15 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 45% but the company is not cash flow positive. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (6.6%).
Board Change • Jul 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Yan-Jun Chen was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Jun 30Yem Chio Co., Ltd. Announces Adjustment of Dividend Distribution RatioYem Chio Co., Ltd. held its shareholders meeting on June 29, 2022, approved type and monetary amount of original dividend distribution: cash dividend of TWD 1 per share. Type and monetary amount of dividend distribution after the change: cash dividend of TWD 0.99993307 per share.
공시 • May 21Yem Chio Co., Ltd. Announces Cash Dividend, Payable on August 10, 2022Yem Chio Co., Ltd. announced Cash dividend of TWD 622,566,349 with record date of July 23, 2022, payable date of August 10, 2022 and ex-dividend of July 15, 2022.
Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: EPS: NT$0.56 (down from NT$1.73 in 1Q 2021). Revenue: NT$3.89b (down 1.3% from 1Q 2021). Net income: NT$335.6m (down 66% from 1Q 2021). Profit margin: 8.6% (down from 25% in 1Q 2021). The decrease in margin was primarily driven by higher expenses. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: NT$3.47 (up from NT$1.43 in FY 2020). Revenue: NT$17.2b (up 23% from FY 2020). Net income: NT$2.05b (up 154% from FY 2020). Profit margin: 12% (up from 5.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) exceeded analyst estimates by 49%. 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 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.62 (vs NT$1.88 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$4.36b (up 23% from 3Q 2020). Net income: NT$372.8m (down 65% from 3Q 2020). Profit margin: 8.6% (down from 30% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.64 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$4.62b (up 42% from 2Q 2020). Net income: NT$432.9m (up 27% from 2Q 2020). Profit margin: 9.4% (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 35% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 16Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 23 July 2021. Payment date: 17 August 2021. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.1%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.83 (vs NT$0.34 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.94b (up 25% from 1Q 2020). Net income: NT$994.4m (up NT$1.18b from 1Q 2020). Profit margin: 25% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 6% per year.
Valuation Update With 7 Day Price Move • Apr 25Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$19.45, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 15x in the Packaging industry in Taiwan. Total returns to shareholders of 26% over the past three years.
분석 기사 • Apr 19These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 29Yem Chio Co., Ltd.'s (TPE:4306) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?Is Yem Chio Co., Ltd. ( TPE:4306 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
분석 기사 • Mar 08Is Yem Chio Co., Ltd.'s (TPE:4306) ROE Of 7.8% Impressive?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
Reported Earnings • Mar 06Full year 2020 earnings released: EPS NT$1.51 (vs NT$0.99 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$13.9b (down 14% from FY 2019). Net income: NT$805.6m (up NT$1.31b from FY 2019). Profit margin: 5.8% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
분석 기사 • Feb 15The Yem Chio (TPE:4306) Share Price Has Gained 29% And Shareholders Are Hoping For MoreWhile Yem Chio Co., Ltd. ( TPE:4306 ) shareholders are probably generally happy, the stock hasn't had particularly good...
분석 기사 • Jan 28Will Yem Chio's (TPE:4306) Growth In ROCE Persist?What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Is New 90 Day High Low • Jan 20New 90-day low: NT$14.40The company is down 5.0% from its price of NT$15.20 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 2.0% over the same period.
분석 기사 • Jan 11Yem Chio (TPE:4306) Is Growing Earnings But Are They A Good Guide?Broadly speaking, profitable businesses are less risky than unprofitable ones. Having said that, sometimes statutory...
분석 기사 • Dec 26These 4 Measures Indicate That Yem Chio (TPE:4306) Is Using Debt ExtensivelyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Nov 26Does Yem Chio Co., Ltd. (TPE:4306) Create Value For Shareholders?Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$2.00The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$3.56b (down 15% from 3Q 2019). Net income: NT$1.05b (up NT$1.05b from 3Q 2019). Profit margin: 30% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Nov 09New 90-day high: NT$16.25The company is up 32% from its price of NT$12.35 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 Packaging industry, which is up 20% over the same period.