Yonggu Group (5546) 주식 개요용구그룹은 레미콘, 플라이애시, 모르타르, 시멘트 등의 생산 및 판매업을 영위하는 기업입니다. 자세히 보기5546 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장0/6과거 실적0/6재무 건전성3/6배당3/6위험 분석이자 지급액이 수익으로 잘 충당되지 않음지난 5년간 매년 수익이 59.2% 감소했습니다.의미 있는 시가총액이 없습니다(NT$1B)12.05% 의 배당금은 수익으로 잘 충당되지 않습니다.모든 위험 점검 보기5546 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$16.60200.2% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-277m6b2016201920222025202620282031Revenue NT$455.8mEarnings NT$43.0mAdvancedSet Fair ValueView all narrativesYonggu Group Inc. 경쟁사Hsing Ta CementLtdSymbol: TWSE:1109Market cap: NT$4.9bRuentex MaterialsLtdSymbol: TWSE:8463Market cap: NT$3.2bLucky CementSymbol: TWSE:1108Market cap: NT$5.5bLih Tai Construction EnterpriseSymbol: TPEX:5520Market cap: NT$4.9b가격 이력 및 성과Yonggu Group 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$16.6052주 최고가NT$31.0552주 최저가NT$15.60베타0.291개월 변동-1.19%3개월 변동-23.33%1년 변동-45.57%3년 변동-57.33%5년 변동-79.15%IPO 이후 변동-72.15%최근 뉴스 및 업데이트New Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.39b market cap, or US$44.2m).Reported Earnings • May 16First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.92 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.92 loss in 1Q 2025). Revenue: NT$198.1m (down 63% from 1Q 2025). Net loss: NT$23.3m (loss narrowed 69% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.New Risk • Mar 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.35b market cap, or US$42.0m).Reported Earnings • Mar 28Full year 2025 earnings released: NT$2.13 loss per share (vs NT$0.17 profit in FY 2024)Full year 2025 results: NT$2.13 loss per share (down from NT$0.17 profit in FY 2024). Revenue: NT$1.95b (down 31% from FY 2024). Net loss: NT$175.4m (down NT$189.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 26, 2026Yonggu Group Inc., Annual General Meeting, Jun 26, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city TaiwanNew Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 65% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.82b market cap, or US$57.8m).더 많은 업데이트 보기Recent updatesNew Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.39b market cap, or US$44.2m).Reported Earnings • May 16First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.92 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.92 loss in 1Q 2025). Revenue: NT$198.1m (down 63% from 1Q 2025). Net loss: NT$23.3m (loss narrowed 69% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.New Risk • Mar 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.35b market cap, or US$42.0m).Reported Earnings • Mar 28Full year 2025 earnings released: NT$2.13 loss per share (vs NT$0.17 profit in FY 2024)Full year 2025 results: NT$2.13 loss per share (down from NT$0.17 profit in FY 2024). Revenue: NT$1.95b (down 31% from FY 2024). Net loss: NT$175.4m (down NT$189.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 26, 2026Yonggu Group Inc., Annual General Meeting, Jun 26, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city TaiwanNew Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 65% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.82b market cap, or US$57.8m).Reported Earnings • Nov 14Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.26 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.26 profit in 3Q 2024). Revenue: NT$398.0m (down 32% from 3Q 2024). Net loss: NT$2.92m (down 114% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.New Risk • Sep 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 117% Earnings have declined by 65% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.16b market cap, or US$71.8m).Reported Earnings • Aug 31Second quarter 2025 earnings released: NT$0.099 loss per share (vs NT$0.036 profit in 2Q 2024)Second quarter 2025 results: NT$0.099 loss per share (down from NT$0.036 profit in 2Q 2024). Revenue: NT$665.6m (down 7.0% from 2Q 2024). Net loss: NT$8.12m (down 371% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.Declared Dividend • Jul 05Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 21st July 2025 Payment date: 18th August 2025 Dividend yield will be 6.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments.Reported Earnings • May 17First quarter 2025 earnings released: NT$0.92 loss per share (vs NT$0.15 profit in 1Q 2024)First quarter 2025 results: NT$0.92 loss per share (down from NT$0.15 profit in 1Q 2024). Revenue: NT$531.1m (down 33% from 1Q 2024). Net loss: NT$75.9m (down NT$88.1m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.공시 • May 06Yonggu Group Inc. to Report Q1, 2025 Results on May 13, 2025Yonggu Group Inc. announced that they will report Q1, 2025 results on May 13, 2025New Risk • Apr 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% 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 (19% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Dividend per share is over 12x earnings per share. Cash payout ratio: 310% Earnings have declined by 59% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.31b market cap, or US$71.3m).Reported Earnings • Apr 04Full year 2024 earnings released: EPS: NT$0.17 (vs NT$4.58 loss in FY 2023)Full year 2024 results: EPS: NT$0.17 (up from NT$4.58 loss in FY 2023). Revenue: NT$2.82b (down 26% from FY 2023). Net income: NT$13.7m (up NT$391.2m from FY 2023). Profit margin: 0.5% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.공시 • Mar 17Yonggu Group Inc., Annual General Meeting, Jun 25, 2025Yonggu Group Inc., Annual General Meeting, Jun 25, 2025. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan공시 • Mar 07Yonggu Group Inc. to Report Fiscal Year 2024 Results on Mar 14, 2025Yonggu Group Inc. announced that they will report fiscal year 2024 results on Mar 14, 2025New Risk • Nov 17New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks High level of debt (45% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.43b market cap, or US$74.7m).Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.33 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.26 (down from NT$0.33 in 3Q 2023). Revenue: NT$583.0m (down 39% from 3Q 2023). Net income: NT$21.6m (down 21% from 3Q 2023). Profit margin: 3.7% (up from 2.9% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.공시 • Nov 06Yonggu Group Inc. to Report Q3, 2024 Results on Nov 13, 2024Yonggu Group Inc. announced that they will report Q3, 2024 results on Nov 13, 2024공시 • Aug 16Yonggu Group Inc. to Report Q2, 2024 Results on Aug 26, 2024Yonggu Group Inc. announced that they will report Q2, 2024 results on Aug 26, 2024Buy Or Sell Opportunity • Jul 22Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$30.00. The fair value is estimated to be NT$39.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.Upcoming Dividend • Jul 15Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 19 August 2024. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).Board Change • Jul 12Less 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shih Ying Chen was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.New Risk • May 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.71b market cap, or US$83.3m).공시 • May 08Yonggu Group Inc. to Report Q1, 2024 Results on May 13, 2024Yonggu Group Inc. announced that they will report Q1, 2024 results on May 13, 2024공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 27, 2024Yonggu Group Inc., Annual General Meeting, Jun 27, 2024. Location: 15th Floor, No. 99, Fuxing North Road, SongshanDistrict, Taipei City Niu Niu Niu Asia International Conference Center Conference Room Taipei City Taiwan Agenda: To approve 2023 Annual Business Report; to approve 2023 Audit Committee review report; to report on the distribution of directors' remuneration and employee remuneration in 2023; and to discuss other matters.New Risk • Nov 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$80.0m).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.33 (vs NT$0.51 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.33 (up from NT$0.51 loss in 3Q 2022). Revenue: NT$948.0m (down 17% from 3Q 2022). Net income: NT$27.4m (up NT$69.0m from 3Q 2022). Profit margin: 2.9% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.New Risk • Nov 06New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$3.19b market cap, or US$99.1m).New Risk • Sep 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.30b market cap, or US$72.1m).Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.49 in 2Q 2022). Revenue: NT$1.05b (down 13% from 2Q 2022). Net income: NT$4.16m (down 90% from 2Q 2022). Profit margin: 0.4% (down from 3.4% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.New Risk • Aug 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$3.14b market cap, or US$99.0m).Upcoming Dividend • Aug 01Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 04 September 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).New Risk • Jul 21New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.공시 • Jul 12Yonggu Group Inc. Approves Cash Dividend, Payable on September 4, 2023Yonggu Group Inc. approved cash dividend TWD 123,530,103 (TWD 1.5 per share) was distributed from the public reserve. The dividend is payable on September 4, 2023. Ex-rights (ex-dividend) trading date of August 8, 2023 and Ex-rights (ex-dividend) record date of August 14, 2023.Reported Earnings • Nov 18Third quarter 2022 earnings released: NT$0.51 loss per share (vs NT$0.26 profit in 3Q 2021)Third quarter 2022 results: NT$0.51 loss per share (down from NT$0.26 profit in 3Q 2021). Revenue: NT$1.14b (down 22% from 3Q 2021). Net loss: NT$41.6m (down 292% from profit in 3Q 2021).Reported Earnings • Sep 01Second quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.95 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.49 (down from NT$0.95 in 2Q 2021). Revenue: NT$1.20b (down 13% from 2Q 2021). Net income: NT$40.4m (down 49% from 2Q 2021). Profit margin: 3.4% (down from 5.7% in 2Q 2021). The decrease in margin was driven by lower revenue.Upcoming Dividend • Jul 15Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 19 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 9.1%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.6%).공시 • Jun 01Yonggu Group Inc. Appoints Lian Yuanfu as Member of the Audit CommitteeYonggu Group Inc. announced the appointment of Lian Yuanfu as member of the audit committee of the company. Date of occurrence of the change is May 30, 2022.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jinwen Wu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$3.18 (vs NT$10.05 in FY 2020)Full year 2021 results: EPS: NT$3.18 (down from NT$10.05 in FY 2020). Revenue: NT$5.91b (up 10% from FY 2020). Net income: NT$260.2m (down 65% from FY 2020). Profit margin: 4.4% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total loss to shareholders of 16% over the past year.Board Change • Feb 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jinwen Wu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Feb 10Yonggu Group Inc. Announces Resignation of Jiang Zhenfu as Independent Director with Effect from February 9, 2022Yonggu Group Inc. announced resignation of Jiang Zhenfu as independent director with effect from February 9, 2022.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.26 (vs NT$2.07 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$1.46b (up 6.4% from 3Q 2020). Net income: NT$21.7m (down 86% from 3Q 2020). Profit margin: 1.5% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Basic Materials industry in Taiwan. Total returns to shareholders of 8.7% over the past year.Board Change • Sep 13Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Director Hung-Chung Hsiao was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Board Change • Sep 04Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Director Hung-Chung Hsiao was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Reported Earnings • Sep 03Second quarter 2021 earnings released: EPS NT$0.95 (vs NT$4.04 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.38b (down 13% from 2Q 2020). Net income: NT$78.6m (down 73% from 2Q 2020). Profit margin: 5.7% (down from 19% in 2Q 2020). The decrease in margin was primarily driven by lower revenue.Upcoming Dividend • Aug 02Upcoming dividend of NT$5.83 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 13 September 2021. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (6.5%).Executive Departure • Jul 06Director Chieh-Yuan Ueng has left the companyOn the 1st of July, Chieh-Yuan Ueng's tenure as Director ended after 3.4 years in the role. We don't have any record of a personal shareholding under Chieh-Yuan's name. Chieh-Yuan is the only executive to leave the company over the last 12 months.Reported Earnings • May 18First quarter 2021 earnings released: EPS NT$0.54 (vs NT$0.85 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$1.14b (up 66% from 1Q 2020). Net income: NT$43.8m (down 25% from 1Q 2020). Profit margin: 3.9% (down from 8.5% in 1Q 2020). The decrease in margin was driven by higher expenses.분석 기사 • Apr 05Is Yonggu Group (TPE:5546) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$10.05 (vs NT$7.14 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$5.37b (down 12% from FY 2019). Net income: NT$738.3m (up 59% from FY 2019). Profit margin: 14% (up from 7.6% in FY 2019). The increase in margin was driven by lower expenses.Is New 90 Day High Low • Mar 16New 90-day high: NT$88.50The company is up 10.0% from a price of NT$80.50 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Exceeded the Basic Materials industry, which is up 1.0% over the same period.분석 기사 • Mar 01Could The Market Be Wrong About Yonggu Group Inc. (TPE:5546) Given Its Attractive Financial Prospects?With its stock down 1.7% over the past week, it is easy to disregard Yonggu Group (TPE:5546). However, stock prices are...분석 기사 • Jan 25Potential Upside For Yonggu Group Inc. (TPE:5546) Not Without RiskWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 19x, you may consider...Is New 90 Day High Low • Jan 22New 90-day high: NT$84.90The company is up 13% from its price of NT$74.90 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is flat over the same period.분석 기사 • Dec 28Yonggu Group's (TPE:5546) Earnings Are Growing But Is There More To The Story?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...분석 기사 • Dec 02Yonggu Group (TPE:5546) Has A Rock Solid Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Is New 90 Day High Low • Nov 26New 90-day high: NT$81.40The company is up 14% from its price of NT$71.10 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.Is New 90 Day High Low • Oct 29New 90-day high: NT$80.80The company is up 19% from its price of NT$68.00 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is flat over the same period.주주 수익률5546TW Basic MaterialsTW 시장7D6.1%0.1%6.6%1Y-45.6%-18.9%102.0%전체 주주 수익률 보기수익률 대 산업: 5546은 지난 1년 동안 -18.9%의 수익을 기록한 TW Basic Materials 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 5546은 지난 1년 동안 102%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5546's price volatile compared to industry and market?5546 volatility5546 Average Weekly Movement5.2%Basic Materials Industry Average Movement2.9%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%안정적인 주가: 5546는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5546의 주간 변동성(5%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1999n/aLin Huang-Chihwww.yg1999.com용구그룹은 레미콘, 플라이애시, 모르타르, 시멘트의 생산 및 판매에 종사하고 있습니다. 레미콘, 정제된 석분, 강화 광물 및 복합 재료를 제공합니다. 용구 그룹은 1999년에 설립되었으며 케이맨 제도의 그랜드 케이맨에 본사를 두고 있습니다.더 보기Yonggu Group Inc. 기초 지표 요약Yonggu Group의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5546 기초 통계시가총액NT$1.37b순이익 (TTM)-NT$122.88m매출 (TTM)NT$1.62b0.8x주가매출비율(P/S)-11.1x주가수익비율(P/E)5546는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5546 손익계산서 (TTM)매출NT$1.62b매출원가NT$1.51b총이익NT$108.62m기타 비용NT$231.50m순이익-NT$122.88m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)-1.49총이익률6.72%순이익률-7.60%부채/자본 비율54.9%5546의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당12.0%현재 배당 수익률-150%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 23:43종가2026/05/26 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 소스Yonggu Group Inc.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
New Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.39b market cap, or US$44.2m).
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.92 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.92 loss in 1Q 2025). Revenue: NT$198.1m (down 63% from 1Q 2025). Net loss: NT$23.3m (loss narrowed 69% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
New Risk • Mar 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.35b market cap, or US$42.0m).
Reported Earnings • Mar 28Full year 2025 earnings released: NT$2.13 loss per share (vs NT$0.17 profit in FY 2024)Full year 2025 results: NT$2.13 loss per share (down from NT$0.17 profit in FY 2024). Revenue: NT$1.95b (down 31% from FY 2024). Net loss: NT$175.4m (down NT$189.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 26, 2026Yonggu Group Inc., Annual General Meeting, Jun 26, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 65% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.82b market cap, or US$57.8m).
New Risk • May 23New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.9x net interest cover). Earnings have declined by 59% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.39b market cap, or US$44.2m).
Reported Earnings • May 16First quarter 2026 earnings released: NT$0.28 loss per share (vs NT$0.92 loss in 1Q 2025)First quarter 2026 results: NT$0.28 loss per share (improved from NT$0.92 loss in 1Q 2025). Revenue: NT$198.1m (down 63% from 1Q 2025). Net loss: NT$23.3m (loss narrowed 69% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings.
New Risk • Mar 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% 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 Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 158% Earnings have declined by 64% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.35b market cap, or US$42.0m).
Reported Earnings • Mar 28Full year 2025 earnings released: NT$2.13 loss per share (vs NT$0.17 profit in FY 2024)Full year 2025 results: NT$2.13 loss per share (down from NT$0.17 profit in FY 2024). Revenue: NT$1.95b (down 31% from FY 2024). Net loss: NT$175.4m (down NT$189.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 26, 2026Yonggu Group Inc., Annual General Meeting, Jun 26, 2026. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
New Risk • Nov 29New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 0.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.1x net interest cover). Earnings have declined by 65% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$1.82b market cap, or US$57.8m).
Reported Earnings • Nov 14Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.26 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.26 profit in 3Q 2024). Revenue: NT$398.0m (down 32% from 3Q 2024). Net loss: NT$2.92m (down 114% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
New Risk • Sep 17New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.1x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.1x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 117% Earnings have declined by 65% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.16b market cap, or US$71.8m).
Reported Earnings • Aug 31Second quarter 2025 earnings released: NT$0.099 loss per share (vs NT$0.036 profit in 2Q 2024)Second quarter 2025 results: NT$0.099 loss per share (down from NT$0.036 profit in 2Q 2024). Revenue: NT$665.6m (down 7.0% from 2Q 2024). Net loss: NT$8.12m (down 371% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jul 05Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 21st July 2025 Payment date: 18th August 2025 Dividend yield will be 6.6%, which is higher than the industry average of 3.4%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments.
Reported Earnings • May 17First quarter 2025 earnings released: NT$0.92 loss per share (vs NT$0.15 profit in 1Q 2024)First quarter 2025 results: NT$0.92 loss per share (down from NT$0.15 profit in 1Q 2024). Revenue: NT$531.1m (down 33% from 1Q 2024). Net loss: NT$75.9m (down NT$88.1m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
공시 • May 06Yonggu Group Inc. to Report Q1, 2025 Results on May 13, 2025Yonggu Group Inc. announced that they will report Q1, 2025 results on May 13, 2025
New Risk • Apr 12New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 82% 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 (19% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Dividend per share is over 12x earnings per share. Cash payout ratio: 310% Earnings have declined by 59% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.31b market cap, or US$71.3m).
Reported Earnings • Apr 04Full year 2024 earnings released: EPS: NT$0.17 (vs NT$4.58 loss in FY 2023)Full year 2024 results: EPS: NT$0.17 (up from NT$4.58 loss in FY 2023). Revenue: NT$2.82b (down 26% from FY 2023). Net income: NT$13.7m (up NT$391.2m from FY 2023). Profit margin: 0.5% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
공시 • Mar 17Yonggu Group Inc., Annual General Meeting, Jun 25, 2025Yonggu Group Inc., Annual General Meeting, Jun 25, 2025. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan
공시 • Mar 07Yonggu Group Inc. to Report Fiscal Year 2024 Results on Mar 14, 2025Yonggu Group Inc. announced that they will report fiscal year 2024 results on Mar 14, 2025
New Risk • Nov 17New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 56% per year over the past 5 years. Minor Risks High level of debt (45% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.43b market cap, or US$74.7m).
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.33 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.26 (down from NT$0.33 in 3Q 2023). Revenue: NT$583.0m (down 39% from 3Q 2023). Net income: NT$21.6m (down 21% from 3Q 2023). Profit margin: 3.7% (up from 2.9% in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance.
공시 • Nov 06Yonggu Group Inc. to Report Q3, 2024 Results on Nov 13, 2024Yonggu Group Inc. announced that they will report Q3, 2024 results on Nov 13, 2024
공시 • Aug 16Yonggu Group Inc. to Report Q2, 2024 Results on Aug 26, 2024Yonggu Group Inc. announced that they will report Q2, 2024 results on Aug 26, 2024
Buy Or Sell Opportunity • Jul 22Now 24% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.5% to NT$30.00. The fair value is estimated to be NT$39.43, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Meanwhile, the company became loss making.
Upcoming Dividend • Jul 15Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 19 August 2024. Trailing yield: 5.0%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (3.8%).
Board Change • Jul 12Less 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. 7 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shih Ying Chen was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
New Risk • May 31New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.71b market cap, or US$83.3m).
공시 • May 08Yonggu Group Inc. to Report Q1, 2024 Results on May 13, 2024Yonggu Group Inc. announced that they will report Q1, 2024 results on May 13, 2024
공시 • Mar 16Yonggu Group Inc., Annual General Meeting, Jun 27, 2024Yonggu Group Inc., Annual General Meeting, Jun 27, 2024. Location: 15th Floor, No. 99, Fuxing North Road, SongshanDistrict, Taipei City Niu Niu Niu Asia International Conference Center Conference Room Taipei City Taiwan Agenda: To approve 2023 Annual Business Report; to approve 2023 Audit Committee review report; to report on the distribution of directors' remuneration and employee remuneration in 2023; and to discuss other matters.
New Risk • Nov 16New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 49% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 38% per year over the past 5 years. Minor Risks High level of debt (49% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$2.55b market cap, or US$80.0m).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.33 (vs NT$0.51 loss in 3Q 2022)Third quarter 2023 results: EPS: NT$0.33 (up from NT$0.51 loss in 3Q 2022). Revenue: NT$948.0m (down 17% from 3Q 2022). Net income: NT$27.4m (up NT$69.0m from 3Q 2022). Profit margin: 2.9% (up from net loss in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
New Risk • Nov 06New 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 5.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (5.9% average weekly change). Market cap is less than US$100m (NT$3.19b market cap, or US$99.1m).
New Risk • Sep 03New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks High level of debt (53% net debt to equity). Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$2.30b market cap, or US$72.1m).
Reported Earnings • Aug 31Second quarter 2023 earnings released: EPS: NT$0.05 (vs NT$0.49 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.05 (down from NT$0.49 in 2Q 2022). Revenue: NT$1.05b (down 13% from 2Q 2022). Net income: NT$4.16m (down 90% from 2Q 2022). Profit margin: 0.4% (down from 3.4% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
New Risk • Aug 02New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.14b (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (NT$3.14b market cap, or US$99.0m).
Upcoming Dividend • Aug 01Upcoming dividend of NT$1.50 per share at 3.9% yieldEligible shareholders must have bought the stock before 08 August 2023. Payment date: 04 September 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%).
New Risk • Jul 21New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 27% per year over the past 5 years. Minor Risk Paying a dividend despite being loss-making.
공시 • Jul 12Yonggu Group Inc. Approves Cash Dividend, Payable on September 4, 2023Yonggu Group Inc. approved cash dividend TWD 123,530,103 (TWD 1.5 per share) was distributed from the public reserve. The dividend is payable on September 4, 2023. Ex-rights (ex-dividend) trading date of August 8, 2023 and Ex-rights (ex-dividend) record date of August 14, 2023.
Reported Earnings • Nov 18Third quarter 2022 earnings released: NT$0.51 loss per share (vs NT$0.26 profit in 3Q 2021)Third quarter 2022 results: NT$0.51 loss per share (down from NT$0.26 profit in 3Q 2021). Revenue: NT$1.14b (down 22% from 3Q 2021). Net loss: NT$41.6m (down 292% from profit in 3Q 2021).
Reported Earnings • Sep 01Second quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.95 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.49 (down from NT$0.95 in 2Q 2021). Revenue: NT$1.20b (down 13% from 2Q 2021). Net income: NT$40.4m (down 49% from 2Q 2021). Profit margin: 3.4% (down from 5.7% in 2Q 2021). The decrease in margin was driven by lower revenue.
Upcoming Dividend • Jul 15Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 19 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 9.1%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (4.6%).
공시 • Jun 01Yonggu Group Inc. Appoints Lian Yuanfu as Member of the Audit CommitteeYonggu Group Inc. announced the appointment of Lian Yuanfu as member of the audit committee of the company. Date of occurrence of the change is May 30, 2022.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jinwen Wu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$3.18 (vs NT$10.05 in FY 2020)Full year 2021 results: EPS: NT$3.18 (down from NT$10.05 in FY 2020). Revenue: NT$5.91b (up 10% from FY 2020). Net income: NT$260.2m (down 65% from FY 2020). Profit margin: 4.4% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Feb 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 13x in the Basic Materials industry in Taiwan. Total loss to shareholders of 16% over the past year.
Board Change • Feb 11Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Jinwen Wu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Feb 10Yonggu Group Inc. Announces Resignation of Jiang Zhenfu as Independent Director with Effect from February 9, 2022Yonggu Group Inc. announced resignation of Jiang Zhenfu as independent director with effect from February 9, 2022.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$0.26 (vs NT$2.07 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$1.46b (up 6.4% from 3Q 2020). Net income: NT$21.7m (down 86% from 3Q 2020). Profit margin: 1.5% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 11x in the Basic Materials industry in Taiwan. Total returns to shareholders of 8.7% over the past year.
Board Change • Sep 13Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Director Hung-Chung Hsiao was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Board Change • Sep 04Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Director Hung-Chung Hsiao was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Reported Earnings • Sep 03Second quarter 2021 earnings released: EPS NT$0.95 (vs NT$4.04 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.38b (down 13% from 2Q 2020). Net income: NT$78.6m (down 73% from 2Q 2020). Profit margin: 5.7% (down from 19% in 2Q 2020). The decrease in margin was primarily driven by lower revenue.
Upcoming Dividend • Aug 02Upcoming dividend of NT$5.83 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 13 September 2021. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (6.5%).
Executive Departure • Jul 06Director Chieh-Yuan Ueng has left the companyOn the 1st of July, Chieh-Yuan Ueng's tenure as Director ended after 3.4 years in the role. We don't have any record of a personal shareholding under Chieh-Yuan's name. Chieh-Yuan is the only executive to leave the company over the last 12 months.
Reported Earnings • May 18First quarter 2021 earnings released: EPS NT$0.54 (vs NT$0.85 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$1.14b (up 66% from 1Q 2020). Net income: NT$43.8m (down 25% from 1Q 2020). Profit margin: 3.9% (down from 8.5% in 1Q 2020). The decrease in margin was driven by higher expenses.
분석 기사 • Apr 05Is Yonggu Group (TPE:5546) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$10.05 (vs NT$7.14 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$5.37b (down 12% from FY 2019). Net income: NT$738.3m (up 59% from FY 2019). Profit margin: 14% (up from 7.6% in FY 2019). The increase in margin was driven by lower expenses.
Is New 90 Day High Low • Mar 16New 90-day high: NT$88.50The company is up 10.0% from a price of NT$80.50 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Exceeded the Basic Materials industry, which is up 1.0% over the same period.
분석 기사 • Mar 01Could The Market Be Wrong About Yonggu Group Inc. (TPE:5546) Given Its Attractive Financial Prospects?With its stock down 1.7% over the past week, it is easy to disregard Yonggu Group (TPE:5546). However, stock prices are...
분석 기사 • Jan 25Potential Upside For Yonggu Group Inc. (TPE:5546) Not Without RiskWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 19x, you may consider...
Is New 90 Day High Low • Jan 22New 90-day high: NT$84.90The company is up 13% from its price of NT$74.90 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Basic Materials industry, which is flat over the same period.
분석 기사 • Dec 28Yonggu Group's (TPE:5546) Earnings Are Growing But Is There More To The Story?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. However...
분석 기사 • Dec 02Yonggu Group (TPE:5546) Has A Rock Solid Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Is New 90 Day High Low • Nov 26New 90-day high: NT$81.40The company is up 14% from its price of NT$71.10 on 28 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Oct 29New 90-day high: NT$80.80The company is up 19% from its price of NT$68.00 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is flat over the same period.
