View ValuationDaxin Materials 향후 성장Future 기준 점검 0/6Daxin Materials의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Chemicals 이익 성장51.9%매출 성장률12.1%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트04 Mar 2026최근 향후 성장 업데이트Price Target Changed • Jul 16Price target increased by 40% to NT$210Up from NT$150, the current price target is provided by 1 analyst. New target price is 44% above last closing price of NT$146. The company posted earnings per share of NT$5.10 last year.Price Target Changed • Apr 30Price target increased by 9.4% to NT$105Up from NT$96.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of NT$89.60. Stock is down 14% over the past year. The company posted earnings per share of NT$4.15 last year.Price Target Changed • Apr 27Price target increased to NT$145Up from NT$91.25, the current price target is provided by 1 analyst. New target price is 47% above last closing price of NT$98.70. Stock is up 3.9% over the past year. The company posted earnings per share of NT$6.62 last year.모든 업데이트 보기Recent updatesBuy Or Sell Opportunity • May 07Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$400. The fair value is estimated to be NT$501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 27%.Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.88 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.88 in 1Q 2025). Revenue: NT$1.20b (up 8.6% from 1Q 2025). Net income: NT$227.0m (up 18% from 1Q 2025). Profit margin: 19% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 21 April 2026. Payout ratio and cash payout ratio are on the higher end at 88% and 94% respectively. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.1%).Buy Or Sell Opportunity • Mar 09Now 28% undervaluedOver the last 90 days, the stock has risen 7.8% to NT$353. The fair value is estimated to be NT$488, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 22%.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$382, the stock trades at a trailing P/E ratio of 51.8x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 382% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$486 per share.New Risk • Mar 02New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.공시 • Feb 25Daxin Materials Corporation, Annual General Meeting, May 22, 2026Daxin Materials Corporation, Annual General Meeting, May 22, 2026, at 09:30 Taipei Standard Time. Location: no,21, k`o yuan rd., hsi tun district, taichung city TaiwanReported Earnings • Feb 25Full year 2025 earnings released: EPS: NT$7.37 (vs NT$5.56 in FY 2024)Full year 2025 results: EPS: NT$7.37 (up from NT$5.56 in FY 2024). Revenue: NT$4.63b (up 12% from FY 2024). Net income: NT$757.0m (up 33% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$1.90 (vs NT$1.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.90 (up from NT$1.30 in 3Q 2024). Revenue: NT$1.19b (up 11% from 3Q 2024). Net income: NT$195.8m (up 47% from 3Q 2024). Profit margin: 17% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 18% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$392, the stock trades at a trailing P/E ratio of 60.5x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 499% over the past three years.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$328, the stock trades at a trailing P/E ratio of 50.7x. Average forward P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 393% over the past three years.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.55 (vs NT$1.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.55 (up from NT$1.40 in 2Q 2024). Revenue: NT$1.15b (up 12% from 2Q 2024). Net income: NT$159.4m (up 11% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Jun 10Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to NT$254. The fair value is estimated to be NT$202, however this is not to be taken as a sell recommendation but rather should be used as a guide only.Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$242, the stock trades at a trailing P/E ratio of 38.2x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$202 per share.Upcoming Dividend • May 20Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 27 May 2025. Payment date: 20 June 2025. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.8%).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.88 (vs NT$1.11 in 1Q 2024)First quarter 2025 results: EPS: NT$1.88 (up from NT$1.11 in 1Q 2024). Revenue: NT$1.11b (up 17% from 1Q 2024). Net income: NT$192.8m (up 69% from 1Q 2024). Profit margin: 17% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$160. The fair value is estimated to be NT$204, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 6.9%.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$140, the stock trades at a trailing P/E ratio of 25.2x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$205 per share.New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$155. The fair value is estimated to be NT$205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 6.9%.분석 기사 • Mar 31Some Shareholders Feeling Restless Over Daxin Materials Corporation's (TWSE:5234) P/E RatioDaxin Materials Corporation's ( TWSE:5234 ) price-to-earnings (or "P/E") ratio of 29.5x might make it look like a...Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$5.56 (vs NT$5.10 in FY 2023)Full year 2024 results: EPS: NT$5.56 (up from NT$5.10 in FY 2023). Revenue: NT$4.12b (down 3.4% from FY 2023). Net income: NT$570.6m (up 9.0% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, May 14, 2025Daxin Materials Corporation, Annual General Meeting, May 14, 2025. Location: no,21, k`o yuan rd., hsi tun district, taichung city Taiwan분석 기사 • Feb 21At NT$204, Is Daxin Materials Corporation (TWSE:5234) Worth Looking At Closely?Daxin Materials Corporation ( TWSE:5234 ), is not the largest company out there, but it saw a decent share price growth...공시 • Feb 18Daxin Materials Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Daxin Materials Corporation announced that they will report fiscal year 2024 results on Feb 25, 2025분석 기사 • Feb 06Daxin Materials (TWSE:5234) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$191, the stock trades at a trailing P/E ratio of 39.2x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$121 per share.분석 기사 • Jan 22Investors Could Be Concerned With Daxin Materials' (TWSE:5234) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Dec 16Daxin Materials Corporation's (TWSE:5234) Business Is Trailing The Market But Its Shares Aren'tWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 20x, you may consider Daxin...Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$199, the stock trades at a trailing P/E ratio of 40.8x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$120 per share.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$1.30 (vs NT$1.61 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.30 (down from NT$1.61 in 3Q 2023). Revenue: NT$1.07b (down 8.6% from 3Q 2023). Net income: NT$133.1m (down 20% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% 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 fallen by 11% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.분석 기사 • Nov 07Is Now The Time To Look At Buying Daxin Materials Corporation (TWSE:5234)?Daxin Materials Corporation ( TWSE:5234 ), is not the largest company out there, but it received a lot of attention...공시 • Oct 30Daxin Materials Corporation to Report Q3, 2024 Results on Nov 06, 2024Daxin Materials Corporation announced that they will report Q3, 2024 results on Nov 06, 2024Buy Or Sell Opportunity • Oct 24Now 23% undervaluedOver the last 90 days, the stock has risen 74% to NT$242. The fair value is estimated to be NT$314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 12%.Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a trailing P/E ratio of 49.1x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 221% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$313 per share.분석 기사 • Oct 23Daxin Materials (TWSE:5234) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Buy Or Sell Opportunity • Oct 08Now 20% undervaluedOver the last 90 days, the stock has risen 68% to NT$249. The fair value is estimated to be NT$313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 12%.분석 기사 • Oct 07Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$206, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.분석 기사 • Aug 30What Daxin Materials Corporation's (TWSE:5234) 26% Share Price Gain Is Not Telling YouDaxin Materials Corporation ( TWSE:5234 ) shares have had a really impressive month, gaining 26% after a shaky period...Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$167, the stock trades at a trailing P/E ratio of 32.2x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 110% over the past three years.분석 기사 • Aug 19Daxin Materials' (TWSE:5234) Strong Earnings Are Of Good QualityWhen companies post strong earnings, the stock generally performs well, just like Daxin Materials Corporation's...Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$1.40 (vs NT$1.46 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.40 (down from NT$1.46 in 2Q 2023). Revenue: NT$1.03b (down 9.0% from 2Q 2023). Net income: NT$143.7m (down 4.4% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.분석 기사 • Aug 13Calculating The Intrinsic Value Of Daxin Materials Corporation (TWSE:5234)Key Insights Daxin Materials' estimated fair value is NT$126 based on 2 Stage Free Cash Flow to Equity Current share...Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$118, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.공시 • Aug 03Daxin Materials Corporation to Report Q2, 2024 Results on Aug 12, 2024Daxin Materials Corporation announced that they will report Q2, 2024 results on Aug 12, 2024Price Target Changed • Jul 16Price target increased by 40% to NT$210Up from NT$150, the current price target is provided by 1 analyst. New target price is 44% above last closing price of NT$146. The company posted earnings per share of NT$5.10 last year.Buy Or Sell Opportunity • Jul 01Now 11% overvaluedOver the last 90 days, the stock has fallen 7.1% to NT$150. The fair value is estimated to be NT$134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 14%.Upcoming Dividend • Jun 27Upcoming dividend of NT$4.10 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 31 July 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).Buy Or Sell Opportunity • Jun 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to NT$148. The fair value is estimated to be NT$185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 14%.분석 기사 • May 31Daxin Materials (TWSE:5234) Will Pay A Larger Dividend Than Last Year At NT$4.10Daxin Materials Corporation ( TWSE:5234 ) will increase its dividend from last year's comparable payment on the 31st of...Declared Dividend • May 31Dividend increased to NT$4.10Dividend of NT$4.10 is 24% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (68% cash payout ratio). 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 decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.4% EPS decline seen over the last 5 years.공시 • May 30Daxin Materials Corporation Announces Cash Dividend, Payable on July 31, 2024Daxin Materials Corporation announced Cash dividend of TWD 421,135,235 (TWD 4.1 per common share). Ex-rights (ex-dividend) trading date: July 4, 2024. Ex-rights (ex-dividend) record date: July 10, 2024. Payment date of common stock cash dividend distribution: July 31, 2024.Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$1.11 (vs NT$0.96 in 1Q 2023)First quarter 2024 results: EPS: NT$1.11 (up from NT$0.96 in 1Q 2023). Revenue: NT$948.8m (down 1.4% from 1Q 2023). Net income: NT$114.0m (up 16% from 1Q 2023). Profit margin: 12% (up from 10% in 1Q 2023). 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 22% per year, which means it is well ahead of earnings.공시 • May 02Daxin Materials Corporation to Report Q1, 2024 Results on May 08, 2024Daxin Materials Corporation announced that they will report Q1, 2024 results on May 08, 2024Buy Or Sell Opportunity • Apr 22Now 22% undervaluedOver the last 90 days, the stock has risen 25% to NT$136. The fair value is estimated to be NT$173, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has declined by 15%.분석 기사 • Mar 19Estimating The Fair Value Of Daxin Materials Corporation (TWSE:5234)Key Insights Using the 2 Stage Free Cash Flow to Equity, Daxin Materials fair value estimate is NT$173 Current share...Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$5.10 (vs NT$4.15 in FY 2022)Full year 2023 results: EPS: NT$5.10 (up from NT$4.15 in FY 2022). Revenue: NT$4.26b (up 9.6% from FY 2022). Net income: NT$523.4m (up 23% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.분석 기사 • Mar 04Optimistic Investors Push Daxin Materials Corporation (TWSE:5234) Shares Up 29% But Growth Is LackingDespite an already strong run, Daxin Materials Corporation ( TWSE:5234 ) shares have been powering on, with a gain of...Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$145, the stock trades at a trailing P/E ratio of 29.6x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.분석 기사 • Mar 01Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...New Risk • Feb 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (120% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).공시 • Feb 28Daxin Materials Corporation, Annual General Meeting, May 24, 2024Daxin Materials Corporation, Annual General Meeting, May 24, 2024. Location: Office of Continuing Education, Chaoyang University of Technology :No.21, Keyuan Rd., Xitun Dist. Taipei City Taiwan Agenda: To report the business of 2023, Audit Committee's review report; to report the distribution of employees's and directors' remuneration of 2023; to report the cash dividend distribution of 2023; to accept 2023 Business Report and Financial Statements; to accept the proposal for the distribution of 2023 earnings; and to lift the non-competition restriction on directors.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.46 (vs NT$1.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.46 (up from NT$1.36 in 2Q 2022). Revenue: NT$1.13b (up 7.8% from 2Q 2022). Net income: NT$150.4m (up 7.4% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. 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 12% per year, which means it is well ahead of earnings.공시 • Aug 11Daxin Materials Corporation Announces Executive ChangesDaxin Materials Corporation announced changes to Remuneration Committee. Name of the previous position holder: Chia-Ching Tong, Xin-Wu Lin and Wei-Shun Cheng. Name of the new position holder Xin-Wu Lin, Wei-Shun Cheng, Chiao-Mou Cheng and Chih-Chun Tsai. Effective date of the new member is August 10, 2023.Buying Opportunity • Jul 28Now 20% undervaluedOver the last 90 days, the stock is up 48%. The fair value is estimated to be NT$167, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 12%.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$133, the stock trades at a trailing P/E ratio of 37.8x. Average forward P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.New Risk • Jul 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (94% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin).Upcoming Dividend • Jun 28Upcoming dividend of NT$3.30 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 31 July 2023. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.6%).공시 • Jun 17Daxin Materials Corporation Approves Board ElectionsDaxin Materials Corporation announced that at its AGM held on June 15, 2023, the shareholders elected Ting-Li Lin, Representative of Konly Venture Corporation as director, Chiao-Mou Cheng and Chih-Chun Tsai as independent directors of the company.공시 • Jun 16Daxin Materials Corporation Announces Board ChangesDaxin Materials Corporation announced changed the members of the audit committee. Name of the functional committees: Audit Committee. Name of the previous position holder: Independent Director: Chia-Ching Tong; Independent Director: Xin-Wu Lin; Independent Director: Wei-Shun Cheng. Resume of the previous position holder: Independent Director: Chia-Ching Tong, Independent Director, Gallant Precision Machining Co. Ltd.; Independent Director, Xin-Wu Lin Vice President, Director of Research Division III & Research Fellow, Taiwan Institute of Economic Research; Independent Director, Wei-Shun Cheng, Director & Vice President, M.Setek Co. Ltd. Name of the new position holder: Independent Director, Xin-Wu Lin; Independent Director, Wei-Shun Cheng; Independent Director, Chiao-Mou Cheng; Independent Director, Chih-Chun Tsai. Resume of the new position holder: Independent Director: Xin-Wu Lin, Vice President, Director of Research Division III & Research Fellow, Taiwan Institute of Economic Research; Independent Director: Wei-Shun Cheng, Director & Vice President, M.Setek Co. Ltd.; Independent Director: Chiao-Mou Cheng Assistant Vice President, Eternal Materials Co. Ltd.; Independent Director: Chih-Chun Tsai, Senior Director, Asia Pac Business, Taiwan Semiconductor Manufacturing Company Limited. Effective date of the new member is June 15, 2023.Price Target Changed • Apr 30Price target increased by 9.4% to NT$105Up from NT$96.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of NT$89.60. Stock is down 14% over the past year. The company posted earnings per share of NT$4.15 last year.Reported Earnings • Feb 24Full year 2022 earnings released: EPS: NT$4.15 (vs NT$6.62 in FY 2021)Full year 2022 results: EPS: NT$4.15 (down from NT$6.62 in FY 2021). Revenue: NT$3.89b (down 14% from FY 2021). Net income: NT$426.1m (down 37% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buying Opportunity • Dec 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be NT$84.09, 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 2.9%.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Xin-Wu Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: NT$0.35 (vs NT$1.85 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.35 (down from NT$1.85 in 3Q 2021). Revenue: NT$727.6m (down 38% from 3Q 2021). Net income: NT$35.4m (down 81% from 3Q 2021). Profit margin: 4.9% (down from 16% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$1.36 (vs NT$1.57 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.36 (down from NT$1.57 in 2Q 2021). Revenue: NT$1.05b (down 3.9% from 2Q 2021). Net income: NT$140.0m (down 13% from 2Q 2021). Profit margin: 13% (down from 15% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$72.00, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 11x in the Chemicals industry in Taiwan. Total loss to shareholders of 9.1% over the past three years.Upcoming Dividend • Jun 27Upcoming dividend of NT$5.30 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (6.9%).Reported Earnings • May 07First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$1.58 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (up from NT$1.58 in 1Q 2021). Revenue: NT$1.20b (up 11% from 1Q 2021). Net income: NT$163.4m (flat on 1Q 2021). Profit margin: 14% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.Price Target Changed • Apr 27Price target increased to NT$145Up from NT$91.25, the current price target is provided by 1 analyst. New target price is 47% above last closing price of NT$98.70. Stock is up 3.9% over the past year. The company posted earnings per share of NT$6.62 last year.Board Change • Apr 27Less than half of directors are independentNo 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. 3 independent directors (6 non-independent directors). Director Michael Tsai was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, Jun 15, 2022Daxin Materials Corporation, Annual General Meeting, Jun 15, 2022.Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$6.62 (up from NT$6.15 in FY 2020). Revenue: NT$4.51b (up 5.1% from FY 2020). Net income: NT$680.4m (up 7.8% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.6%, compared to a 3.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$154, the stock trades at a trailing P/E ratio of 23.9x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 101% over the past three years.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.85 (vs NT$1.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.18b (up 9.1% from 3Q 2020). Net income: NT$189.9m (up 21% from 3Q 2020). Profit margin: 16% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.57 (vs NT$1.51 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.09b (up 1.0% from 2Q 2020). Net income: NT$161.0m (up 3.9% from 2Q 2020). Profit margin: 15% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jul 14Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 21 July 2021. Payment date: 12 August 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).Reported Earnings • Apr 29First quarter 2021 earnings released: EPS NT$1.58 (vs NT$1.67 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$1.07b (down 2.4% from 1Q 2020). Net income: NT$161.9m (down 5.6% from 1Q 2020). Profit margin: 15% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.분석 기사 • Apr 13An Intrinsic Calculation For Daxin Materials Corporation (TPE:5234) Suggests It's 50% UndervaluedHow far off is Daxin Materials Corporation ( TPE:5234 ) from its intrinsic value? Using the most recent financial data...분석 기사 • Mar 29Daxin Materials (TPE:5234) Is Achieving High Returns On Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...분석 기사 • Mar 08Is Daxin Materials (TPE:5234) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Analyst Estimate Surprise Post Earnings • Feb 27Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 3.9%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, Jun 17, 2021Daxin Materials Corporation, Annual General Meeting, Jun 17, 2021.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$6.15 (vs NT$6.33 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$4.30b (down 5.2% from FY 2019). Net income: NT$631.3m (down 2.9% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.Is New 90 Day High Low • Feb 17New 90-day high: NT$87.30The company is up 6.0% from its price of NT$82.10 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it 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$199 per share.분석 기사 • Feb 16Is Daxin Materials Corporation (TPE:5234) A Great Dividend Stock?Could Daxin Materials Corporation ( TPE:5234 ) be an attractive dividend share to own for the long haul? Investors are...분석 기사 • Jan 29Shareholders of Daxin Materials (TPE:5234) Must Be Delighted With Their 311% Total ReturnWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...이익 및 매출 성장 예측TWSE:5234 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20275,805N/AN/A1,559112/31/20265,291N/A1,2671,50133/31/20264,7257916731,014N/A12/31/20254,630757707981N/A9/30/20254,511728665881N/A6/30/20254,398665686880N/A3/31/20254,275649657856N/A12/31/20244,118571671865N/A9/30/20244,048500658854N/A6/30/20244,1495328411,052N/A3/31/20244,251539618803N/A12/31/20234,264523505725N/A9/30/20234,184502282511N/A6/30/20233,737372216457N/A3/31/20233,655361481715N/A12/31/20223,889426501732N/A9/30/20224,140506646904N/A6/30/20224,592661339718N/A3/31/20224,635682342759N/A12/31/20214,513680387787N/A9/30/20214,379661427797N/A6/30/20214,2816287761,033N/A3/31/20214,269622680921N/A12/31/20204,2966317861,010N/A9/30/20204,3736568201,032N/A6/30/20204,456665581798N/A3/31/20204,510670685912N/A12/31/20194,531650N/A834N/A9/30/20194,611672N/A751N/A6/30/20194,574676N/A804N/A3/31/20194,497674N/A785N/A12/31/20184,413656N/A765N/A9/30/20184,271610N/A757N/A6/30/20184,173575N/A650N/A3/31/20184,040508N/A676N/A12/31/20173,917473N/A617N/A9/30/20173,812440N/A617N/A6/30/20173,748411N/A545N/A3/31/20173,718396N/A555N/A12/31/20163,620353N/A393N/A9/30/20163,525295N/A282N/A6/30/20163,405255N/A297N/A3/31/20163,348241N/A294N/A12/31/20153,378267N/A436N/A9/30/20153,424310N/A483N/A6/30/20153,435322N/A460N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 5234 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 5234 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 5234 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 5234 의 수익(연간 12.1%)이 TW 시장(연간 19.1%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 5234 의 수익(연간 12.1%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 5234의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 04:22종가2026/05/26 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 소스Daxin Materials Corporation는 3명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Changrong ChenCapital Securities CorporationYuhan ChengMasterlink Securities Investment AdvisorySi FuSinoPac Securities Investment Service
Price Target Changed • Jul 16Price target increased by 40% to NT$210Up from NT$150, the current price target is provided by 1 analyst. New target price is 44% above last closing price of NT$146. The company posted earnings per share of NT$5.10 last year.
Price Target Changed • Apr 30Price target increased by 9.4% to NT$105Up from NT$96.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of NT$89.60. Stock is down 14% over the past year. The company posted earnings per share of NT$4.15 last year.
Price Target Changed • Apr 27Price target increased to NT$145Up from NT$91.25, the current price target is provided by 1 analyst. New target price is 47% above last closing price of NT$98.70. Stock is up 3.9% over the past year. The company posted earnings per share of NT$6.62 last year.
Buy Or Sell Opportunity • May 07Now 20% undervaluedOver the last 90 days, the stock has risen 15% to NT$400. The fair value is estimated to be NT$501, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.6% over the last 3 years. Earnings per share has grown by 27%.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$1.88 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (up from NT$1.88 in 1Q 2025). Revenue: NT$1.20b (up 8.6% from 1Q 2025). Net income: NT$227.0m (up 18% from 1Q 2025). Profit margin: 19% (up from 17% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.2% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 13Upcoming dividend of NT$6.50 per shareEligible shareholders must have bought the stock before 20 March 2026. Payment date: 21 April 2026. Payout ratio and cash payout ratio are on the higher end at 88% and 94% respectively. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.1%).
Buy Or Sell Opportunity • Mar 09Now 28% undervaluedOver the last 90 days, the stock has risen 7.8% to NT$353. The fair value is estimated to be NT$488, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has grown by 22%.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$382, the stock trades at a trailing P/E ratio of 51.8x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 382% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$486 per share.
New Risk • Mar 02New 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 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
공시 • Feb 25Daxin Materials Corporation, Annual General Meeting, May 22, 2026Daxin Materials Corporation, Annual General Meeting, May 22, 2026, at 09:30 Taipei Standard Time. Location: no,21, k`o yuan rd., hsi tun district, taichung city Taiwan
Reported Earnings • Feb 25Full year 2025 earnings released: EPS: NT$7.37 (vs NT$5.56 in FY 2024)Full year 2025 results: EPS: NT$7.37 (up from NT$5.56 in FY 2024). Revenue: NT$4.63b (up 12% from FY 2024). Net income: NT$757.0m (up 33% from FY 2024). Profit margin: 16% (up from 14% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 2 years, compared to a 5.4% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 79% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$1.90 (vs NT$1.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.90 (up from NT$1.30 in 3Q 2024). Revenue: NT$1.19b (up 11% from 3Q 2024). Net income: NT$195.8m (up 47% from 3Q 2024). Profit margin: 17% (up from 12% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% 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 18% per year but the company’s share price has increased by 69% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$392, the stock trades at a trailing P/E ratio of 60.5x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 499% over the past three years.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$328, the stock trades at a trailing P/E ratio of 50.7x. Average forward P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 393% over the past three years.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$1.55 (vs NT$1.40 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.55 (up from NT$1.40 in 2Q 2024). Revenue: NT$1.15b (up 12% from 2Q 2024). Net income: NT$159.4m (up 11% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Revenue is forecast to grow 7.6% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Jun 10Now 26% overvalued after recent price riseOver the last 90 days, the stock has risen 22% to NT$254. The fair value is estimated to be NT$202, however this is not to be taken as a sell recommendation but rather should be used as a guide only.
Valuation Update With 7 Day Price Move • Jun 09Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$242, the stock trades at a trailing P/E ratio of 38.2x. Average forward P/E is 19x in the Chemicals industry in Taiwan. Total returns to shareholders of 198% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$202 per share.
Upcoming Dividend • May 20Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 27 May 2025. Payment date: 20 June 2025. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.8%).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.88 (vs NT$1.11 in 1Q 2024)First quarter 2025 results: EPS: NT$1.88 (up from NT$1.11 in 1Q 2024). Revenue: NT$1.11b (up 17% from 1Q 2024). Net income: NT$192.8m (up 69% from 1Q 2024). Profit margin: 17% (up from 12% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 2 years, compared to a 4.3% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • May 05Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 18% to NT$160. The fair value is estimated to be NT$204, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 6.9%.
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$140, the stock trades at a trailing P/E ratio of 25.2x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 44% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$205 per share.
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.9% average weekly change). Earnings have declined by 7.3% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Apr 07Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 25% to NT$155. The fair value is estimated to be NT$205, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.9% over the last 3 years. Earnings per share has declined by 6.9%.
분석 기사 • Mar 31Some Shareholders Feeling Restless Over Daxin Materials Corporation's (TWSE:5234) P/E RatioDaxin Materials Corporation's ( TWSE:5234 ) price-to-earnings (or "P/E") ratio of 29.5x might make it look like a...
Reported Earnings • Mar 02Full year 2024 earnings released: EPS: NT$5.56 (vs NT$5.10 in FY 2023)Full year 2024 results: EPS: NT$5.56 (up from NT$5.10 in FY 2023). Revenue: NT$4.12b (down 3.4% from FY 2023). Net income: NT$570.6m (up 9.0% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Chemicals industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings.
공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, May 14, 2025Daxin Materials Corporation, Annual General Meeting, May 14, 2025. Location: no,21, k`o yuan rd., hsi tun district, taichung city Taiwan
분석 기사 • Feb 21At NT$204, Is Daxin Materials Corporation (TWSE:5234) Worth Looking At Closely?Daxin Materials Corporation ( TWSE:5234 ), is not the largest company out there, but it saw a decent share price growth...
공시 • Feb 18Daxin Materials Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025Daxin Materials Corporation announced that they will report fiscal year 2024 results on Feb 25, 2025
분석 기사 • Feb 06Daxin Materials (TWSE:5234) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$191, the stock trades at a trailing P/E ratio of 39.2x. Average forward P/E is 16x in the Chemicals industry in Taiwan. Total returns to shareholders of 65% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$121 per share.
분석 기사 • Jan 22Investors Could Be Concerned With Daxin Materials' (TWSE:5234) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Dec 16Daxin Materials Corporation's (TWSE:5234) Business Is Trailing The Market But Its Shares Aren'tWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") below 20x, you may consider Daxin...
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$199, the stock trades at a trailing P/E ratio of 40.8x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 73% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$120 per share.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$1.30 (vs NT$1.61 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.30 (down from NT$1.61 in 3Q 2023). Revenue: NT$1.07b (down 8.6% from 3Q 2023). Net income: NT$133.1m (down 20% from 3Q 2023). Profit margin: 12% (down from 14% in 3Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% 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 fallen by 11% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
분석 기사 • Nov 07Is Now The Time To Look At Buying Daxin Materials Corporation (TWSE:5234)?Daxin Materials Corporation ( TWSE:5234 ), is not the largest company out there, but it received a lot of attention...
공시 • Oct 30Daxin Materials Corporation to Report Q3, 2024 Results on Nov 06, 2024Daxin Materials Corporation announced that they will report Q3, 2024 results on Nov 06, 2024
Buy Or Sell Opportunity • Oct 24Now 23% undervaluedOver the last 90 days, the stock has risen 74% to NT$242. The fair value is estimated to be NT$314, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 12%.
Valuation Update With 7 Day Price Move • Oct 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$255, the stock trades at a trailing P/E ratio of 49.1x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 221% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$313 per share.
분석 기사 • Oct 23Daxin Materials (TWSE:5234) Has A Rock Solid Balance SheetDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Buy Or Sell Opportunity • Oct 08Now 20% undervaluedOver the last 90 days, the stock has risen 68% to NT$249. The fair value is estimated to be NT$313, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 12%.
분석 기사 • Oct 07Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Valuation Update With 7 Day Price Move • Sep 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$206, the stock trades at a trailing P/E ratio of 39.7x. Average forward P/E is 17x in the Chemicals industry in Taiwan. Total returns to shareholders of 159% over the past three years.
분석 기사 • Aug 30What Daxin Materials Corporation's (TWSE:5234) 26% Share Price Gain Is Not Telling YouDaxin Materials Corporation ( TWSE:5234 ) shares have had a really impressive month, gaining 26% after a shaky period...
Valuation Update With 7 Day Price Move • Aug 27Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$167, the stock trades at a trailing P/E ratio of 32.2x. Average forward P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 110% over the past three years.
분석 기사 • Aug 19Daxin Materials' (TWSE:5234) Strong Earnings Are Of Good QualityWhen companies post strong earnings, the stock generally performs well, just like Daxin Materials Corporation's...
Reported Earnings • Aug 15Second quarter 2024 earnings released: EPS: NT$1.40 (vs NT$1.46 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.40 (down from NT$1.46 in 2Q 2023). Revenue: NT$1.03b (down 9.0% from 2Q 2023). Net income: NT$143.7m (down 4.4% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
분석 기사 • Aug 13Calculating The Intrinsic Value Of Daxin Materials Corporation (TWSE:5234)Key Insights Daxin Materials' estimated fair value is NT$126 based on 2 Stage Free Cash Flow to Equity Current share...
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$118, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 41% over the past three years.
공시 • Aug 03Daxin Materials Corporation to Report Q2, 2024 Results on Aug 12, 2024Daxin Materials Corporation announced that they will report Q2, 2024 results on Aug 12, 2024
Price Target Changed • Jul 16Price target increased by 40% to NT$210Up from NT$150, the current price target is provided by 1 analyst. New target price is 44% above last closing price of NT$146. The company posted earnings per share of NT$5.10 last year.
Buy Or Sell Opportunity • Jul 01Now 11% overvaluedOver the last 90 days, the stock has fallen 7.1% to NT$150. The fair value is estimated to be NT$134, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 14%.
Upcoming Dividend • Jun 27Upcoming dividend of NT$4.10 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 31 July 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).
Buy Or Sell Opportunity • Jun 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.6% to NT$148. The fair value is estimated to be NT$185, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.1% over the last 3 years. Earnings per share has declined by 14%.
분석 기사 • May 31Daxin Materials (TWSE:5234) Will Pay A Larger Dividend Than Last Year At NT$4.10Daxin Materials Corporation ( TWSE:5234 ) will increase its dividend from last year's comparable payment on the 31st of...
Declared Dividend • May 31Dividend increased to NT$4.10Dividend of NT$4.10 is 24% higher than last year. Ex-date: 4th July 2024 Payment date: 31st July 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (78% earnings payout ratio) and cash flows (68% cash payout ratio). 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 decline by 13% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.4% EPS decline seen over the last 5 years.
공시 • May 30Daxin Materials Corporation Announces Cash Dividend, Payable on July 31, 2024Daxin Materials Corporation announced Cash dividend of TWD 421,135,235 (TWD 4.1 per common share). Ex-rights (ex-dividend) trading date: July 4, 2024. Ex-rights (ex-dividend) record date: July 10, 2024. Payment date of common stock cash dividend distribution: July 31, 2024.
Reported Earnings • May 10First quarter 2024 earnings released: EPS: NT$1.11 (vs NT$0.96 in 1Q 2023)First quarter 2024 results: EPS: NT$1.11 (up from NT$0.96 in 1Q 2023). Revenue: NT$948.8m (down 1.4% from 1Q 2023). Net income: NT$114.0m (up 16% from 1Q 2023). Profit margin: 12% (up from 10% in 1Q 2023). 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 22% per year, which means it is well ahead of earnings.
공시 • May 02Daxin Materials Corporation to Report Q1, 2024 Results on May 08, 2024Daxin Materials Corporation announced that they will report Q1, 2024 results on May 08, 2024
Buy Or Sell Opportunity • Apr 22Now 22% undervaluedOver the last 90 days, the stock has risen 25% to NT$136. The fair value is estimated to be NT$173, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.5% over the last 3 years. Earnings per share has declined by 15%.
분석 기사 • Mar 19Estimating The Fair Value Of Daxin Materials Corporation (TWSE:5234)Key Insights Using the 2 Stage Free Cash Flow to Equity, Daxin Materials fair value estimate is NT$173 Current share...
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$5.10 (vs NT$4.15 in FY 2022)Full year 2023 results: EPS: NT$5.10 (up from NT$4.15 in FY 2022). Revenue: NT$4.26b (up 9.6% from FY 2022). Net income: NT$523.4m (up 23% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings.
분석 기사 • Mar 04Optimistic Investors Push Daxin Materials Corporation (TWSE:5234) Shares Up 29% But Growth Is LackingDespite an already strong run, Daxin Materials Corporation ( TWSE:5234 ) shares have been powering on, with a gain of...
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$145, the stock trades at a trailing P/E ratio of 29.6x. Average forward P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 85% over the past three years.
분석 기사 • Mar 01Be Wary Of Daxin Materials (TWSE:5234) And Its Returns On CapitalThere are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
New Risk • Feb 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 7.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (120% cash payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change).
공시 • Feb 28Daxin Materials Corporation, Annual General Meeting, May 24, 2024Daxin Materials Corporation, Annual General Meeting, May 24, 2024. Location: Office of Continuing Education, Chaoyang University of Technology :No.21, Keyuan Rd., Xitun Dist. Taipei City Taiwan Agenda: To report the business of 2023, Audit Committee's review report; to report the distribution of employees's and directors' remuneration of 2023; to report the cash dividend distribution of 2023; to accept 2023 Business Report and Financial Statements; to accept the proposal for the distribution of 2023 earnings; and to lift the non-competition restriction on directors.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$1.46 (vs NT$1.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$1.46 (up from NT$1.36 in 2Q 2022). Revenue: NT$1.13b (up 7.8% from 2Q 2022). Net income: NT$150.4m (up 7.4% from 2Q 2022). Profit margin: 13% (in line with 2Q 2022). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Chemicals industry in Taiwan. 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 12% per year, which means it is well ahead of earnings.
공시 • Aug 11Daxin Materials Corporation Announces Executive ChangesDaxin Materials Corporation announced changes to Remuneration Committee. Name of the previous position holder: Chia-Ching Tong, Xin-Wu Lin and Wei-Shun Cheng. Name of the new position holder Xin-Wu Lin, Wei-Shun Cheng, Chiao-Mou Cheng and Chih-Chun Tsai. Effective date of the new member is August 10, 2023.
Buying Opportunity • Jul 28Now 20% undervaluedOver the last 90 days, the stock is up 48%. The fair value is estimated to be NT$167, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 12%.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$133, the stock trades at a trailing P/E ratio of 37.8x. Average forward P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years.
New Risk • Jul 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 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (94% payout ratio). Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (9.9% net profit margin).
Upcoming Dividend • Jun 28Upcoming dividend of NT$3.30 per share at 2.9% yieldEligible shareholders must have bought the stock before 05 July 2023. Payment date: 31 July 2023. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.6%).
공시 • Jun 17Daxin Materials Corporation Approves Board ElectionsDaxin Materials Corporation announced that at its AGM held on June 15, 2023, the shareholders elected Ting-Li Lin, Representative of Konly Venture Corporation as director, Chiao-Mou Cheng and Chih-Chun Tsai as independent directors of the company.
공시 • Jun 16Daxin Materials Corporation Announces Board ChangesDaxin Materials Corporation announced changed the members of the audit committee. Name of the functional committees: Audit Committee. Name of the previous position holder: Independent Director: Chia-Ching Tong; Independent Director: Xin-Wu Lin; Independent Director: Wei-Shun Cheng. Resume of the previous position holder: Independent Director: Chia-Ching Tong, Independent Director, Gallant Precision Machining Co. Ltd.; Independent Director, Xin-Wu Lin Vice President, Director of Research Division III & Research Fellow, Taiwan Institute of Economic Research; Independent Director, Wei-Shun Cheng, Director & Vice President, M.Setek Co. Ltd. Name of the new position holder: Independent Director, Xin-Wu Lin; Independent Director, Wei-Shun Cheng; Independent Director, Chiao-Mou Cheng; Independent Director, Chih-Chun Tsai. Resume of the new position holder: Independent Director: Xin-Wu Lin, Vice President, Director of Research Division III & Research Fellow, Taiwan Institute of Economic Research; Independent Director: Wei-Shun Cheng, Director & Vice President, M.Setek Co. Ltd.; Independent Director: Chiao-Mou Cheng Assistant Vice President, Eternal Materials Co. Ltd.; Independent Director: Chih-Chun Tsai, Senior Director, Asia Pac Business, Taiwan Semiconductor Manufacturing Company Limited. Effective date of the new member is June 15, 2023.
Price Target Changed • Apr 30Price target increased by 9.4% to NT$105Up from NT$96.00, the current price target is provided by 1 analyst. New target price is 17% above last closing price of NT$89.60. Stock is down 14% over the past year. The company posted earnings per share of NT$4.15 last year.
Reported Earnings • Feb 24Full year 2022 earnings released: EPS: NT$4.15 (vs NT$6.62 in FY 2021)Full year 2022 results: EPS: NT$4.15 (down from NT$6.62 in FY 2021). Revenue: NT$3.89b (down 14% from FY 2021). Net income: NT$426.1m (down 37% from FY 2021). Profit margin: 11% (down from 15% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Dec 20Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.1%. The fair value is estimated to be NT$84.09, 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 2.9%.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Xin-Wu Lin was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 11Third quarter 2022 earnings released: EPS: NT$0.35 (vs NT$1.85 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.35 (down from NT$1.85 in 3Q 2021). Revenue: NT$727.6m (down 38% from 3Q 2021). Net income: NT$35.4m (down 81% from 3Q 2021). Profit margin: 4.9% (down from 16% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Aug 05Second quarter 2022 earnings released: EPS: NT$1.36 (vs NT$1.57 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.36 (down from NT$1.57 in 2Q 2021). Revenue: NT$1.05b (down 3.9% from 2Q 2021). Net income: NT$140.0m (down 13% from 2Q 2021). Profit margin: 13% (down from 15% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Jul 06Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$72.00, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 11x in the Chemicals industry in Taiwan. Total loss to shareholders of 9.1% over the past three years.
Upcoming Dividend • Jun 27Upcoming dividend of NT$5.30 per shareEligible shareholders must have bought the stock before 04 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 80%, and the cash payout ratio is above 100%. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (6.9%).
Reported Earnings • May 07First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$1.58 in 1Q 2021)First quarter 2022 results: EPS: NT$1.59 (up from NT$1.58 in 1Q 2021). Revenue: NT$1.20b (up 11% from 1Q 2021). Net income: NT$163.4m (flat on 1Q 2021). Profit margin: 14% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.
Price Target Changed • Apr 27Price target increased to NT$145Up from NT$91.25, the current price target is provided by 1 analyst. New target price is 47% above last closing price of NT$98.70. Stock is up 3.9% over the past year. The company posted earnings per share of NT$6.62 last year.
Board Change • Apr 27Less than half of directors are independentNo 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. 3 independent directors (6 non-independent directors). Director Michael Tsai was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, Jun 15, 2022Daxin Materials Corporation, Annual General Meeting, Jun 15, 2022.
Reported Earnings • Feb 24Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$6.62 (up from NT$6.15 in FY 2020). Revenue: NT$4.51b (up 5.1% from FY 2020). Net income: NT$680.4m (up 7.8% from FY 2020). Profit margin: 15% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 5.6%, compared to a 3.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year.
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$154, the stock trades at a trailing P/E ratio of 23.9x. Average forward P/E is 12x in the Chemicals industry in Taiwan. Total returns to shareholders of 101% over the past three years.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.85 (vs NT$1.53 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.18b (up 9.1% from 3Q 2020). Net income: NT$189.9m (up 21% from 3Q 2020). Profit margin: 16% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$1.57 (vs NT$1.51 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$1.09b (up 1.0% from 2Q 2020). Net income: NT$161.0m (up 3.9% from 2Q 2020). Profit margin: 15% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jul 14Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 21 July 2021. Payment date: 12 August 2021. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.8%).
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS NT$1.58 (vs NT$1.67 in 1Q 2020)The company reported a poor first quarter result with weaker earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$1.07b (down 2.4% from 1Q 2020). Net income: NT$161.9m (down 5.6% from 1Q 2020). Profit margin: 15% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year.
분석 기사 • Apr 13An Intrinsic Calculation For Daxin Materials Corporation (TPE:5234) Suggests It's 50% UndervaluedHow far off is Daxin Materials Corporation ( TPE:5234 ) from its intrinsic value? Using the most recent financial data...
분석 기사 • Mar 29Daxin Materials (TPE:5234) Is Achieving High Returns On Its CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
분석 기사 • Mar 08Is Daxin Materials (TPE:5234) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analyst Estimate Surprise Post Earnings • Feb 27Revenue misses expectationsRevenue missed analyst estimates by 0.3%. Over the next year, revenue is forecast to grow 3.9%, compared to a 14% growth forecast for the Chemicals industry in Taiwan.
공시 • Feb 26Daxin Materials Corporation, Annual General Meeting, Jun 17, 2021Daxin Materials Corporation, Annual General Meeting, Jun 17, 2021.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$6.15 (vs NT$6.33 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$4.30b (down 5.2% from FY 2019). Net income: NT$631.3m (down 2.9% from FY 2019). Profit margin: 15% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 3% per year.
Is New 90 Day High Low • Feb 17New 90-day high: NT$87.30The company is up 6.0% from its price of NT$82.10 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company underperformed over that time. However, it 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$199 per share.
분석 기사 • Feb 16Is Daxin Materials Corporation (TPE:5234) A Great Dividend Stock?Could Daxin Materials Corporation ( TPE:5234 ) be an attractive dividend share to own for the long haul? Investors are...
분석 기사 • Jan 29Shareholders of Daxin Materials (TPE:5234) Must Be Delighted With Their 311% Total ReturnWhen you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...