View ValuationTaiwan Hon Chuan Enterprise 향후 성장Future 기준 점검 0/6Taiwan Hon Chuan Enterprise의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Packaging 이익 성장20.9%매출 성장률10.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트04 Aug 2026최근 향후 성장 업데이트Price Target Changed • Feb 28Price target decreased by 14% to NT$148Down from NT$173, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$122. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$8.92 for next year compared to NT$9.80 last year.Price Target Changed • Sep 11Price target decreased by 9.4% to NT$161Down from NT$178, the current price target is an average from 3 analysts. New target price is 26% above last closing price of NT$129. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$9.11 for next year compared to NT$9.80 last year.Major Estimate Revision • Aug 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.2b to NT$29.8b. EPS estimate also fell from NT$10.52 per share to NT$8.92 per share. Net income forecast to grow 7.0% next year vs 24% growth forecast for Packaging industry in Taiwan. Consensus price target down from NT$178 to NT$173. Share price was steady at NT$139 over the past week.Major Estimate Revision • Jun 19Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.15 to NT$10.48. Revenue forecast steady at NT$29.1b. Net income forecast to grow 12% next year vs 25% growth forecast for Packaging industry in Taiwan. Consensus price target up from NT$138 to NT$173. Share price was steady at NT$162 over the past week.Price Target Changed • Jun 18Price target increased by 31% to NT$173Up from NT$132, the current price target is an average from 2 analysts. New target price is 6.5% above last closing price of NT$162. Stock is up 51% over the past year. The company is forecast to post earnings per share of NT$10.48 for next year compared to NT$8.60 last year.Price Target Changed • Nov 30Price target increased by 19% to NT$132Up from NT$111, the current price target is an average from 2 analysts. New target price is 10% above last closing price of NT$120. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$8.35 for next year compared to NT$7.70 last year.모든 업데이트 보기Recent updatesReported Earnings • Aug 14Second quarter 2026 earnings released: EPS: NT$4.30 (vs NT$2.32 in 2Q 2025)Second quarter 2026 results: EPS: NT$4.30 (up from NT$2.32 in 2Q 2025). Revenue: NT$8.62b (up 12% from 2Q 2025). Net income: NT$1.27b (up 85% from 2Q 2025). Profit margin: 15% (up from 8.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Jun 25Upcoming dividend of NT$6.20 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 22 July 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (4.7%).Declared Dividend • Jun 06Dividend of NT$6.20 announcedShareholders will receive a dividend of NT$6.20. Ex-date: 2nd July 2026 Payment date: 22nd July 2026 Dividend yield will be 4.9%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.33 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.33 in 1Q 2025). Revenue: NT$6.86b (down 5.8% from 1Q 2025). Net income: NT$664.5m (down 3.5% from 1Q 2025). Profit margin: 9.7% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$9.10 (vs NT$9.80 in FY 2024)Full year 2025 results: EPS: NT$9.10 (down from NT$9.80 in FY 2024). Revenue: NT$28.9b (up 1.6% from FY 2024). Net income: NT$2.69b (down 5.0% from FY 2024). Profit margin: 9.3% (in line with FY 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.공고 • Mar 09Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2026Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2026. Location: 3 floor no,6, kung yeh ou 2nd rd., hsi tun district, taichung city TaiwanPrice Target Changed • Feb 28Price target decreased by 14% to NT$148Down from NT$173, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$122. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$8.92 for next year compared to NT$9.80 last year.Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$2.94. Revenue: NT$7.93b (flat on 3Q 2024). Net income: NT$870.6m (up 1.5% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia.Price Target Changed • Sep 11Price target decreased by 9.4% to NT$161Down from NT$178, the current price target is an average from 3 analysts. New target price is 26% above last closing price of NT$129. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$9.11 for next year compared to NT$9.80 last year.Major Estimate Revision • Aug 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.2b to NT$29.8b. EPS estimate also fell from NT$10.52 per share to NT$8.92 per share. Net income forecast to grow 7.0% next year vs 24% growth forecast for Packaging industry in Taiwan. Consensus price target down from NT$178 to NT$173. Share price was steady at NT$139 over the past week.Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$2.32 (down from NT$3.02 in 2Q 2024). Revenue: NT$7.69b (up 2.6% from 2Q 2024). Net income: NT$687.5m (down 21% from 2Q 2024). Profit margin: 8.9% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jun 25Upcoming dividend of NT$6.20 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.2%).Declared Dividend • Jun 07Dividend increased to NT$6.20Dividend of NT$6.20 is 16% higher than last year. Ex-date: 2nd July 2025 Payment date: 24th July 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$2.33 (down from NT$2.61 in 1Q 2024). Revenue: NT$7.28b (up 12% from 1Q 2024). Net income: NT$688.6m (down 8.2% from 1Q 2024). Profit margin: 9.5% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공고 • May 01Taiwan Hon Chuan Enterprise Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025공고 • Mar 12Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2025Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,6, kung yeh ou 2nd rd., hsi tun district, taichung city Taiwan공고 • Feb 28Taiwan Hon Chuan Enterprise Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025New Risk • Dec 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).Reported Earnings • Nov 17Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$2.98 (up from NT$2.97 in 3Q 2023). Revenue: NT$7.89b (up 7.1% from 3Q 2023). Net income: NT$858.0m (flat on 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Sep 30Benign Growth For Taiwan Hon Chuan Enterprise Co., Ltd. (TWSE:9939) Underpins Its Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 22x, you may consider...Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$3.02 (up from NT$2.69 in 2Q 2023). Revenue: NT$7.50b (up 3.8% from 2Q 2023). Net income: NT$868.8m (up 12% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 4.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Dividend is not well covered by cash flows (112% cash payout ratio). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).공고 • Aug 10Taiwan Hon Chuan Enterprise Co., Ltd. announced that it expects to receive TWD 80 million in fundingTaiwan Hon Chuan Enterprise Co., Ltd. announced a private placemen to issue 8,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 80.000,000 on August 9, 2024. The transaction has been approved by shareholders of company.공고 • Aug 02Taiwan Hon Chuan Enterprise Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024분석 기사 • Aug 02There's Been No Shortage Of Growth Recently For Taiwan Hon Chuan Enterprise's (TWSE:9939) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...분석 기사 • Jun 19Taiwan Hon Chuan Enterprise's (TWSE:9939) Shareholders Will Receive A Bigger Dividend Than Last YearTaiwan Hon Chuan Enterprise Co., Ltd. ( TWSE:9939 ) will increase its dividend from last year's comparable payment on...Major Estimate Revision • Jun 19Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.15 to NT$10.48. Revenue forecast steady at NT$29.1b. Net income forecast to grow 12% next year vs 25% growth forecast for Packaging industry in Taiwan. Consensus price target up from NT$138 to NT$173. Share price was steady at NT$162 over the past week.Price Target Changed • Jun 18Price target increased by 31% to NT$173Up from NT$132, the current price target is an average from 2 analysts. New target price is 6.5% above last closing price of NT$162. Stock is up 51% over the past year. The company is forecast to post earnings per share of NT$10.48 for next year compared to NT$8.60 last year.분석 기사 • Jun 03Taiwan Hon Chuan Enterprise (TWSE:9939) Is Increasing Its Dividend To NT$5.35The board of Taiwan Hon Chuan Enterprise Co., Ltd. ( TWSE:9939 ) has announced that it will be paying its dividend of...Declared Dividend • Jun 03Dividend increased to NT$5.35Dividend of NT$5.35 is 11% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.8% over the next year, which should provide support to the dividend and adequate earnings cover.공고 • Jun 01+ 1 more updateTaiwan Hon Chuan Enterprise Co., Ltd. Announces ESG Committee AppointmentsTaiwan Hon Chuan Enterprise Co., Ltd. announced appointment of ESG Committee. Name of the new position holder: Cheng, Ya Wen; Tsao, Hung Yu; Hung, Chao Nan; Huang, Hsiang Ying; Cho, Po yuan. Resume of the new position holder: Cheng, Ya Wen - Chairman of THC;Tsao, Hung Yu - Director of THC;Hung, Chao Nan - Independent Director of THC;Huang, Hsiang Ying - Independent Director of THC;Cho, Po yuan - Independent Director of THC. Effective May 31, 2024.Reported Earnings • May 16First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: NT$2.61 (up from NT$1.61 in 1Q 2023). Revenue: NT$6.48b (up 6.8% from 1Q 2023). Net income: NT$749.9m (up 62% from 1Q 2023). Profit margin: 12% (up from 7.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 29%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • May 03Does Taiwan Hon Chuan Enterprise (TWSE:9939) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Apr 12Are Investors Undervaluing Taiwan Hon Chuan Enterprise Co., Ltd. (TWSE:9939) By 39%?Key Insights Taiwan Hon Chuan Enterprise's estimated fair value is NT$254 based on 2 Stage Free Cash Flow to Equity...Reported Earnings • Mar 15Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$8.60 (up from NT$7.70 in FY 2022). Revenue: NT$26.4b (up 6.9% from FY 2022). Net income: NT$2.47b (up 12% from FY 2022). Profit margin: 9.4% (up from 9.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.공고 • Mar 09+ 1 more updateTaiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 31, 2024Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 31, 2024. Location: Taiwan Hon Chuan Headquartars (3F, No. 6, 2nd Rd., Taichung Industrial Park, 40767 Taichung Taiwan Agenda: To consider the 2023 Business Report; to consider the Report of Remuneration of Directors and Employees of 2023; to accept 2023 Financial Statements; to consider the Report of Appropriations of earnings in cash dividends to shareholders of 2023; and to discuss other matters.Buy Or Sell Opportunity • Mar 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to NT$146. The fair value is estimated to be NT$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 8.6% in a year. Earnings are forecast to grow by 13% in the next year.Price Target Changed • Nov 30Price target increased by 19% to NT$132Up from NT$111, the current price target is an average from 2 analysts. New target price is 10% above last closing price of NT$120. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$8.35 for next year compared to NT$7.70 last year.Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$2.97 (up from NT$2.57 in 3Q 2022). Revenue: NT$7.37b (up 2.9% from 3Q 2022). Net income: NT$855.0m (up 15% from 3Q 2022). Profit margin: 12% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 13Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$2.69 (up from NT$2.41 in 2Q 2022). Revenue: NT$7.22b (up 9.8% from 2Q 2022). Net income: NT$774.9m (up 12% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.공고 • Aug 11Taiwan Hon Chuan Enterprise Co., Ltd. Announces Corporate Governance Officer ChangesTaiwan Hon Chuan Enterprise Co., Ltd. announced the resignation of Kuei-Ching, Chuang, Vice President of Financial Dept. of THC as Corporate governance officer and appointed Yu-Li, Su, Assistant Manager of Financial Dept. of THC as Corporate governance officer. Effective date is August 10, 2023.Upcoming Dividend • Jun 27Upcoming dividend of NT$4.80 per share at 4.6% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (5.1%).Price Target Changed • Jun 03Price target increased by 12% to NT$109Up from NT$97.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$107. Stock is up 42% over the past year. The company is forecast to post earnings per share of NT$8.31 for next year compared to NT$7.70 last year.Reported Earnings • May 17First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$1.61 (down from NT$1.93 in 1Q 2022). Revenue: NT$6.07b (up 8.1% from 1Q 2022). Net income: NT$463.2m (down 17% from 1Q 2022). Profit margin: 7.6% (down from 9.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$7.70 (up from NT$6.83 in FY 2021). Revenue: NT$24.7b (up 16% from FY 2021). Net income: NT$2.22b (up 13% from FY 2021). Profit margin: 9.0% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yi-Lu Kung was the last independent 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.Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.57 (up from NT$1.79 in 3Q 2021). Revenue: NT$7.17b (up 30% from 3Q 2021). Net income: NT$740.7m (up 44% from 3Q 2021). Profit margin: 10% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 11Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$2.41 (down from NT$2.52 in 2Q 2021). Revenue: NT$6.58b (up 11% from 2Q 2021). Net income: NT$694.5m (down 4.4% from 2Q 2021). Profit margin: 11% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 11%, compared to a 22% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 29Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 61% and the cash payout ratio is 79%. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (6.2%).공고 • Jun 19Taiwan Hon Chuan Enterprise Co., Ltd. Announces Cash Dividend, Payable on July, 28, 2022Taiwan Hon Chuan Enterprise Co., Ltd. announced Cash dividend of TWD 4.3 per share, payable on July, 28, 2022. Ex-rights (ex-dividend) record date is July 7, 2022.Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$1.93 (up from NT$1.67 in 1Q 2021). Revenue: NT$5.61b (up 9.5% from 1Q 2021). Net income: NT$555.4m (up 16% from 1Q 2021). Profit margin: 9.9% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 20% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yi-Lu Kung was the last independent 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.Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$6.83 (up from NT$5.72 in FY 2020). Revenue: NT$21.4b (up 11% from FY 2020). Net income: NT$1.96b (up 19% from FY 2020). Profit margin: 9.2% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 10.0%, compared to a 17% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$1.79 (vs NT$2.31 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.50b (down 1.4% from 3Q 2020). Net income: NT$514.2m (down 23% from 3Q 2020). Profit margin: 9.3% (down from 12% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$2.52 (vs NT$1.85 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.93b (up 12% from 2Q 2020). Net income: NT$726.5m (up 36% from 2Q 2020). Profit margin: 12% (up from 10% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 02Upcoming dividend of NT$3.60 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 28 July 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.9%).Price Target Changed • May 23Price target increased to NT$105Up from NT$85.00, the current price target is provided by 1 analyst. New target price is 50% above last closing price of NT$70.20. Stock is up 30% over the past year.Reported Earnings • May 19First quarter 2021 earnings released: EPS NT$1.67 (vs NT$0.91 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$5.12b (up 16% from 1Q 2020). Net income: NT$480.1m (up 81% from 1Q 2020). Profit margin: 9.4% (up from 6.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 07Here's Why I Think Taiwan Hon Chuan Enterprise (TPE:9939) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$5.72 (vs NT$4.72 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$19.3b (down 10% from FY 2019). Net income: NT$1.66b (up 20% from FY 2019). Profit margin: 8.6% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.Price Target Changed • Feb 24Price target raised to NT$77.50Up from NT$69.07, the current price target is provided by 1 analyst. The new target price is 25% above the current share price of NT$62.20. As of last close, the stock is up 4.2% over the past year.Is New 90 Day High Low • Feb 22New 90-day high: NT$62.90The company is up 6.0% from its price of NT$59.30 on 24 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 2.0% over the same period.Is New 90 Day High Low • Jan 26New 90-day low: NT$57.80The company is down 2.0% from its price of NT$59.00 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 6.0% over the same period.Is New 90 Day High Low • Jan 04New 90-day high: NT$61.70The company is up 10.0% from its price of NT$56.20 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 10.0% over the same period.분석 기사 • Dec 31Would Taiwan Hon Chuan Enterprise Co., Ltd. (TPE:9939) Be Valuable To Income Investors?Is Taiwan Hon Chuan Enterprise Co., Ltd. ( TPE:9939 ) a good dividend stock? How can we tell? Dividend paying companies...분석 기사 • Dec 18Should We Be Delighted With Taiwan Hon Chuan Enterprise Co., Ltd.'s (TPE:9939) ROE Of 13%?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Dec 01Is Taiwan Hon Chuan Enterprise (TPE:9939) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Nov 19Here's Why We Think Taiwan Hon Chuan Enterprise (TPE:9939) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$2.31The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$5.58b (down 6.6% from 3Q 2019). Net income: NT$664.7m (up 42% from 3Q 2019). Profit margin: 12% (up from 7.8% in 3Q 2019). The increase in margin was driven by lower expenses. 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 4% per year.Analyst Estimate Surprise Post Earnings • Nov 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates by 28%. Over the next year, revenue is forecast to grow 9.3%, compared to a 22% growth forecast for the Packaging industry in Taiwan.Is New 90 Day High Low • Nov 10New 90-day high: NT$60.40The company is up 11% from its price of NT$54.60 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$92.16 per share.Price Target Changed • Oct 23Price target raised to NT$64.10Up from NT$59.07, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$57.80. As of last close, the stock is up 4.9% over the past year.이익 및 매출 성장 예측TWSE:9939 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202734,330N/A2,9906,190112/31/202631,160N/A2,8115,71116/30/202629,3903,252-7604,671N/A3/31/202628,4562,667-3225,363N/A12/31/202528,8772,691-1,0655,567N/A9/30/202529,4412,604-1,7595,195N/A6/30/202529,4072,591-1,4824,833N/A3/31/202529,2112,772-2,1153,916N/A12/31/202428,4082,834-1,1744,066N/A9/30/202427,6202,8581854,510N/A6/30/202427,0962,8557274,540N/A3/31/202426,8202,7611,4164,968N/A12/31/202326,4092,4741,6595,085N/A9/30/202325,9982,3188594,505N/A6/30/202325,7932,2038504,754N/A3/31/202325,1502,1235174,117N/A12/31/202224,6962,2153723,843N/A9/30/202224,1822,2353993,353N/A6/30/202222,5182,0085363,256N/A3/31/202221,8712,0401,3173,855N/A12/31/202121,3831,9651,4583,606N/A9/30/202120,5911,9092264,162N/A6/30/202120,6692,0602,2534,335N/A3/31/202120,0531,8701,6514,288N/A12/31/202019,3481,6551,1744,223N/A9/30/202019,7061,6301,8654,232N/A6/30/202020,1001,4333354,560N/A3/31/202020,9801,327N/A4,301N/A12/31/201921,5271,381N/A4,157N/A9/30/201921,1321,215N/A3,654N/A6/30/201920,7721,090N/A3,037N/A3/31/201920,2511,146N/A2,705N/A12/31/201819,9301,093N/A2,931N/A9/30/201819,3951,145N/A2,729N/A6/30/201818,8441,266N/A2,359N/A3/31/201817,8861,123N/A2,689N/A12/31/201717,5191,231N/A2,231N/A9/30/201717,3131,274N/A3,279N/A6/30/201716,8961,218N/A3,240N/A3/31/201716,9131,344N/A3,813N/A12/31/201616,5111,178N/A4,322N/A9/30/201616,2701,141N/A3,311N/A6/30/201616,036962N/A3,492N/A3/31/201616,301904N/A3,181N/A12/31/201516,578949N/A3,166N/A9/30/201516,809910N/A3,227N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9939 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 9939 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 9939 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 9939 의 수익(연간 10.3%)이 TW 시장(연간 22%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9939 의 수익(연간 10.3%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9939의 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 분석2026/08/17 08:12종가2026/08/17 00:00수익2026/06/30연간 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 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.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 소스Taiwan Hon Chuan Enterprise Co., Ltd.는 7명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yoshihiko KawashimaDaiwa Securities Co. Ltd.Abel LeeHSBCFan-Jen TsengKGI Securities Co. Ltd.4명의 분석가 더 보기
Price Target Changed • Feb 28Price target decreased by 14% to NT$148Down from NT$173, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$122. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$8.92 for next year compared to NT$9.80 last year.
Price Target Changed • Sep 11Price target decreased by 9.4% to NT$161Down from NT$178, the current price target is an average from 3 analysts. New target price is 26% above last closing price of NT$129. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$9.11 for next year compared to NT$9.80 last year.
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.2b to NT$29.8b. EPS estimate also fell from NT$10.52 per share to NT$8.92 per share. Net income forecast to grow 7.0% next year vs 24% growth forecast for Packaging industry in Taiwan. Consensus price target down from NT$178 to NT$173. Share price was steady at NT$139 over the past week.
Major Estimate Revision • Jun 19Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.15 to NT$10.48. Revenue forecast steady at NT$29.1b. Net income forecast to grow 12% next year vs 25% growth forecast for Packaging industry in Taiwan. Consensus price target up from NT$138 to NT$173. Share price was steady at NT$162 over the past week.
Price Target Changed • Jun 18Price target increased by 31% to NT$173Up from NT$132, the current price target is an average from 2 analysts. New target price is 6.5% above last closing price of NT$162. Stock is up 51% over the past year. The company is forecast to post earnings per share of NT$10.48 for next year compared to NT$8.60 last year.
Price Target Changed • Nov 30Price target increased by 19% to NT$132Up from NT$111, the current price target is an average from 2 analysts. New target price is 10% above last closing price of NT$120. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$8.35 for next year compared to NT$7.70 last year.
Reported Earnings • Aug 14Second quarter 2026 earnings released: EPS: NT$4.30 (vs NT$2.32 in 2Q 2025)Second quarter 2026 results: EPS: NT$4.30 (up from NT$2.32 in 2Q 2025). Revenue: NT$8.62b (up 12% from 2Q 2025). Net income: NT$1.27b (up 85% from 2Q 2025). Profit margin: 15% (up from 8.9% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Jun 25Upcoming dividend of NT$6.20 per shareEligible shareholders must have bought the stock before 02 July 2026. Payment date: 22 July 2026. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 4.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). In line with average of industry peers (4.7%).
Declared Dividend • Jun 06Dividend of NT$6.20 announcedShareholders will receive a dividend of NT$6.20. Ex-date: 2nd July 2026 Payment date: 22nd July 2026 Dividend yield will be 4.9%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (68% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 6.8% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.33 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.33 in 1Q 2025). Revenue: NT$6.86b (down 5.8% from 1Q 2025). Net income: NT$664.5m (down 3.5% from 1Q 2025). Profit margin: 9.7% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year.
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$9.10 (vs NT$9.80 in FY 2024)Full year 2025 results: EPS: NT$9.10 (down from NT$9.80 in FY 2024). Revenue: NT$28.9b (up 1.6% from FY 2024). Net income: NT$2.69b (down 5.0% from FY 2024). Profit margin: 9.3% (in line with FY 2024). Revenue is forecast to grow 8.8% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year.
공고 • Mar 09Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2026Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2026. Location: 3 floor no,6, kung yeh ou 2nd rd., hsi tun district, taichung city Taiwan
Price Target Changed • Feb 28Price target decreased by 14% to NT$148Down from NT$173, the current price target is an average from 2 analysts. New target price is 21% above last closing price of NT$122. Stock is down 27% over the past year. The company is forecast to post earnings per share of NT$8.92 for next year compared to NT$9.80 last year.
Reported Earnings • Nov 17Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$2.94. Revenue: NT$7.93b (flat on 3Q 2024). Net income: NT$870.6m (up 1.5% from 3Q 2024). Profit margin: 11% (in line with 3Q 2024). Revenue missed analyst estimates by 9.9%. Earnings per share (EPS) also missed analyst estimates by 2.0%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Packaging industry in Asia.
Price Target Changed • Sep 11Price target decreased by 9.4% to NT$161Down from NT$178, the current price target is an average from 3 analysts. New target price is 26% above last closing price of NT$129. Stock is down 20% over the past year. The company is forecast to post earnings per share of NT$9.11 for next year compared to NT$9.80 last year.
Major Estimate Revision • Aug 30Consensus EPS estimates fall by 15%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from NT$31.2b to NT$29.8b. EPS estimate also fell from NT$10.52 per share to NT$8.92 per share. Net income forecast to grow 7.0% next year vs 24% growth forecast for Packaging industry in Taiwan. Consensus price target down from NT$178 to NT$173. Share price was steady at NT$139 over the past week.
Reported Earnings • Aug 14Second quarter 2025 earnings: EPS exceeds analyst expectationsSecond quarter 2025 results: EPS: NT$2.32 (down from NT$3.02 in 2Q 2024). Revenue: NT$7.69b (up 2.6% from 2Q 2024). Net income: NT$687.5m (down 21% from 2Q 2024). Profit margin: 8.9% (down from 12% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.0%. Revenue is forecast to grow 7.4% p.a. on average during the next 2 years, compared to a 9.4% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 25Upcoming dividend of NT$6.20 per shareEligible shareholders must have bought the stock before 02 July 2025. Payment date: 24 July 2025. Payout ratio is a comfortable 65% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (4.2%).
Declared Dividend • Jun 07Dividend increased to NT$6.20Dividend of NT$6.20 is 16% higher than last year. Ex-date: 2nd July 2025 Payment date: 24th July 2025 Dividend yield will be 4.1%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 11% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 9.4% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 15First quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2025 results: EPS: NT$2.33 (down from NT$2.61 in 1Q 2024). Revenue: NT$7.28b (up 12% from 1Q 2024). Net income: NT$688.6m (down 8.2% from 1Q 2024). Profit margin: 9.5% (down from 12% in 1Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.8%. Earnings per share (EPS) missed analyst estimates by 12%. Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공고 • May 01Taiwan Hon Chuan Enterprise Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
공고 • Mar 12Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2025Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,6, kung yeh ou 2nd rd., hsi tun district, taichung city Taiwan
공고 • Feb 28Taiwan Hon Chuan Enterprise Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025
New Risk • Dec 31New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (78% net debt to equity). Dividend is not well covered by cash flows (dividend per share is over 8x cash flows per share). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
Reported Earnings • Nov 17Third quarter 2024 earnings: EPS and revenues miss analyst expectationsThird quarter 2024 results: EPS: NT$2.98 (up from NT$2.97 in 3Q 2023). Revenue: NT$7.89b (up 7.1% from 3Q 2023). Net income: NT$858.0m (flat on 3Q 2023). Profit margin: 11% (in line with 3Q 2023). Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Sep 30Benign Growth For Taiwan Hon Chuan Enterprise Co., Ltd. (TWSE:9939) Underpins Its Share PriceWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 22x, you may consider...
Reported Earnings • Aug 17Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindSecond quarter 2024 results: EPS: NT$3.02 (up from NT$2.69 in 2Q 2023). Revenue: NT$7.50b (up 3.8% from 2Q 2023). Net income: NT$868.8m (up 12% from 2Q 2023). Profit margin: 12% (in line with 2Q 2023). Revenue missed analyst estimates by 4.5%. Earnings per share (EPS) exceeded analyst estimates by 4.1%. Revenue is forecast to grow 10% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Aug 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 2.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks High level of debt (72% net debt to equity). Dividend is not well covered by cash flows (112% cash payout ratio). Shareholders have been diluted in the past year (2.8% increase in shares outstanding).
공고 • Aug 10Taiwan Hon Chuan Enterprise Co., Ltd. announced that it expects to receive TWD 80 million in fundingTaiwan Hon Chuan Enterprise Co., Ltd. announced a private placemen to issue 8,000,000 common shares at an issue price of TWD 10 per share for the gross proceeds of TWD 80.000,000 on August 9, 2024. The transaction has been approved by shareholders of company.
공고 • Aug 02Taiwan Hon Chuan Enterprise Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Taiwan Hon Chuan Enterprise Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
분석 기사 • Aug 02There's Been No Shortage Of Growth Recently For Taiwan Hon Chuan Enterprise's (TWSE:9939) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
분석 기사 • Jun 19Taiwan Hon Chuan Enterprise's (TWSE:9939) Shareholders Will Receive A Bigger Dividend Than Last YearTaiwan Hon Chuan Enterprise Co., Ltd. ( TWSE:9939 ) will increase its dividend from last year's comparable payment on...
Major Estimate Revision • Jun 19Consensus EPS estimates increase by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from NT$9.15 to NT$10.48. Revenue forecast steady at NT$29.1b. Net income forecast to grow 12% next year vs 25% growth forecast for Packaging industry in Taiwan. Consensus price target up from NT$138 to NT$173. Share price was steady at NT$162 over the past week.
Price Target Changed • Jun 18Price target increased by 31% to NT$173Up from NT$132, the current price target is an average from 2 analysts. New target price is 6.5% above last closing price of NT$162. Stock is up 51% over the past year. The company is forecast to post earnings per share of NT$10.48 for next year compared to NT$8.60 last year.
분석 기사 • Jun 03Taiwan Hon Chuan Enterprise (TWSE:9939) Is Increasing Its Dividend To NT$5.35The board of Taiwan Hon Chuan Enterprise Co., Ltd. ( TWSE:9939 ) has announced that it will be paying its dividend of...
Declared Dividend • Jun 03Dividend increased to NT$5.35Dividend of NT$5.35 is 11% higher than last year. Ex-date: 4th July 2024 Payment date: 26th July 2024 Dividend yield will be 3.3%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (56% earnings payout ratio) but not covered by cash flows (109% cash payout ratio). The dividend has increased by an average of 7.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 8.8% over the next year, which should provide support to the dividend and adequate earnings cover.
공고 • Jun 01+ 1 more updateTaiwan Hon Chuan Enterprise Co., Ltd. Announces ESG Committee AppointmentsTaiwan Hon Chuan Enterprise Co., Ltd. announced appointment of ESG Committee. Name of the new position holder: Cheng, Ya Wen; Tsao, Hung Yu; Hung, Chao Nan; Huang, Hsiang Ying; Cho, Po yuan. Resume of the new position holder: Cheng, Ya Wen - Chairman of THC;Tsao, Hung Yu - Director of THC;Hung, Chao Nan - Independent Director of THC;Huang, Hsiang Ying - Independent Director of THC;Cho, Po yuan - Independent Director of THC. Effective May 31, 2024.
Reported Earnings • May 16First quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2024 results: EPS: NT$2.61 (up from NT$1.61 in 1Q 2023). Revenue: NT$6.48b (up 6.8% from 1Q 2023). Net income: NT$749.9m (up 62% from 1Q 2023). Profit margin: 12% (up from 7.6% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.6%. Earnings per share (EPS) exceeded analyst estimates by 29%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • May 03Does Taiwan Hon Chuan Enterprise (TWSE:9939) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Apr 12Are Investors Undervaluing Taiwan Hon Chuan Enterprise Co., Ltd. (TWSE:9939) By 39%?Key Insights Taiwan Hon Chuan Enterprise's estimated fair value is NT$254 based on 2 Stage Free Cash Flow to Equity...
Reported Earnings • Mar 15Full year 2023 earnings: EPS exceeds analyst expectationsFull year 2023 results: EPS: NT$8.60 (up from NT$7.70 in FY 2022). Revenue: NT$26.4b (up 6.9% from FY 2022). Net income: NT$2.47b (up 12% from FY 2022). Profit margin: 9.4% (up from 9.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Mar 09+ 1 more updateTaiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 31, 2024Taiwan Hon Chuan Enterprise Co., Ltd., Annual General Meeting, May 31, 2024. Location: Taiwan Hon Chuan Headquartars (3F, No. 6, 2nd Rd., Taichung Industrial Park, 40767 Taichung Taiwan Agenda: To consider the 2023 Business Report; to consider the Report of Remuneration of Directors and Employees of 2023; to accept 2023 Financial Statements; to consider the Report of Appropriations of earnings in cash dividends to shareholders of 2023; and to discuss other matters.
Buy Or Sell Opportunity • Mar 01Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to NT$146. The fair value is estimated to be NT$121, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 10%. Revenue is forecast to grow by 8.6% in a year. Earnings are forecast to grow by 13% in the next year.
Price Target Changed • Nov 30Price target increased by 19% to NT$132Up from NT$111, the current price target is an average from 2 analysts. New target price is 10% above last closing price of NT$120. Stock is up 46% over the past year. The company is forecast to post earnings per share of NT$8.35 for next year compared to NT$7.70 last year.
Reported Earnings • Nov 15Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$2.97 (up from NT$2.57 in 3Q 2022). Revenue: NT$7.37b (up 2.9% from 3Q 2022). Net income: NT$855.0m (up 15% from 3Q 2022). Profit margin: 12% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 14%. Revenue is forecast to grow 8.9% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 13Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$2.69 (up from NT$2.41 in 2Q 2022). Revenue: NT$7.22b (up 9.8% from 2Q 2022). Net income: NT$774.9m (up 12% from 2Q 2022). Profit margin: 11% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.9%. Revenue is forecast to grow 8.0% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Aug 11Taiwan Hon Chuan Enterprise Co., Ltd. Announces Corporate Governance Officer ChangesTaiwan Hon Chuan Enterprise Co., Ltd. announced the resignation of Kuei-Ching, Chuang, Vice President of Financial Dept. of THC as Corporate governance officer and appointed Yu-Li, Su, Assistant Manager of Financial Dept. of THC as Corporate governance officer. Effective date is August 10, 2023.
Upcoming Dividend • Jun 27Upcoming dividend of NT$4.80 per share at 4.6% yieldEligible shareholders must have bought the stock before 04 July 2023. Payment date: 20 July 2023. Payout ratio is a comfortable 65% but the company is paying out more than the cash it is generating. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (5.1%).
Price Target Changed • Jun 03Price target increased by 12% to NT$109Up from NT$97.50, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$107. Stock is up 42% over the past year. The company is forecast to post earnings per share of NT$8.31 for next year compared to NT$7.70 last year.
Reported Earnings • May 17First quarter 2023 earnings: EPS and revenues miss analyst expectationsFirst quarter 2023 results: EPS: NT$1.61 (down from NT$1.93 in 1Q 2022). Revenue: NT$6.07b (up 8.1% from 1Q 2022). Net income: NT$463.2m (down 17% from 1Q 2022). Profit margin: 7.6% (down from 9.9% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.7%. Earnings per share (EPS) also missed analyst estimates by 19%. Revenue is forecast to grow 9.1% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 17Full year 2022 earnings: EPS misses analyst expectationsFull year 2022 results: EPS: NT$7.70 (up from NT$6.83 in FY 2021). Revenue: NT$24.7b (up 16% from FY 2021). Net income: NT$2.22b (up 13% from FY 2021). Profit margin: 9.0% (down from 9.2% in FY 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.0%. Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yi-Lu Kung was the last independent 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.
Reported Earnings • Nov 13Third quarter 2022 earnings: EPS exceeds analyst expectationsThird quarter 2022 results: EPS: NT$2.57 (up from NT$1.79 in 3Q 2021). Revenue: NT$7.17b (up 30% from 3Q 2021). Net income: NT$740.7m (up 44% from 3Q 2021). Profit margin: 10% (up from 9.3% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.0%. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Packaging industry in Asia. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 11Second quarter 2022 earnings: EPS exceeds analyst expectationsSecond quarter 2022 results: EPS: NT$2.41 (down from NT$2.52 in 2Q 2021). Revenue: NT$6.58b (up 11% from 2Q 2021). Net income: NT$694.5m (down 4.4% from 2Q 2021). Profit margin: 11% (down from 12% in 2Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.0%. Over the next year, revenue is forecast to grow 11%, compared to a 22% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 29Upcoming dividend of NT$4.30 per shareEligible shareholders must have bought the stock before 06 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 61% and the cash payout ratio is 79%. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (6.2%).
공고 • Jun 19Taiwan Hon Chuan Enterprise Co., Ltd. Announces Cash Dividend, Payable on July, 28, 2022Taiwan Hon Chuan Enterprise Co., Ltd. announced Cash dividend of TWD 4.3 per share, payable on July, 28, 2022. Ex-rights (ex-dividend) record date is July 7, 2022.
Reported Earnings • May 17First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: NT$1.93 (up from NT$1.67 in 1Q 2021). Revenue: NT$5.61b (up 9.5% from 1Q 2021). Net income: NT$555.4m (up 16% from 1Q 2021). Profit margin: 9.9% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 20% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Yi-Lu Kung was the last independent 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.
Reported Earnings • Mar 31Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behindFull year 2021 results: EPS: NT$6.83 (up from NT$5.72 in FY 2020). Revenue: NT$21.4b (up 11% from FY 2020). Net income: NT$1.96b (up 19% from FY 2020). Profit margin: 9.2% (up from 8.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 10.0%, compared to a 17% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$1.79 (vs NT$2.31 in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.50b (down 1.4% from 3Q 2020). Net income: NT$514.2m (down 23% from 3Q 2020). Profit margin: 9.3% (down from 12% in 3Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$2.52 (vs NT$1.85 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$5.93b (up 12% from 2Q 2020). Net income: NT$726.5m (up 36% from 2Q 2020). Profit margin: 12% (up from 10% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 02Upcoming dividend of NT$3.60 per shareEligible shareholders must have bought the stock before 08 July 2021. Payment date: 28 July 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.9%).
Price Target Changed • May 23Price target increased to NT$105Up from NT$85.00, the current price target is provided by 1 analyst. New target price is 50% above last closing price of NT$70.20. Stock is up 30% over the past year.
Reported Earnings • May 19First quarter 2021 earnings released: EPS NT$1.67 (vs NT$0.91 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$5.12b (up 16% from 1Q 2020). Net income: NT$480.1m (up 81% from 1Q 2020). Profit margin: 9.4% (up from 6.0% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 07Here's Why I Think Taiwan Hon Chuan Enterprise (TPE:9939) Might Deserve Your Attention TodayFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Mar 30Full year 2020 earnings released: EPS NT$5.72 (vs NT$4.72 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$19.3b (down 10% from FY 2019). Net income: NT$1.66b (up 20% from FY 2019). Profit margin: 8.6% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 7% per year.
Price Target Changed • Feb 24Price target raised to NT$77.50Up from NT$69.07, the current price target is provided by 1 analyst. The new target price is 25% above the current share price of NT$62.20. As of last close, the stock is up 4.2% over the past year.
Is New 90 Day High Low • Feb 22New 90-day high: NT$62.90The company is up 6.0% from its price of NT$59.30 on 24 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 2.0% over the same period.
Is New 90 Day High Low • Jan 26New 90-day low: NT$57.80The company is down 2.0% from its price of NT$59.00 on 28 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 6.0% over the same period.
Is New 90 Day High Low • Jan 04New 90-day high: NT$61.70The company is up 10.0% from its price of NT$56.20 on 06 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Packaging industry, which is also up 10.0% over the same period.
분석 기사 • Dec 31Would Taiwan Hon Chuan Enterprise Co., Ltd. (TPE:9939) Be Valuable To Income Investors?Is Taiwan Hon Chuan Enterprise Co., Ltd. ( TPE:9939 ) a good dividend stock? How can we tell? Dividend paying companies...
분석 기사 • Dec 18Should We Be Delighted With Taiwan Hon Chuan Enterprise Co., Ltd.'s (TPE:9939) ROE Of 13%?While some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Dec 01Is Taiwan Hon Chuan Enterprise (TPE:9939) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Nov 19Here's Why We Think Taiwan Hon Chuan Enterprise (TPE:9939) Is Well Worth WatchingFor beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Reported Earnings • Nov 13Third quarter 2020 earnings released: EPS NT$2.31The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$5.58b (down 6.6% from 3Q 2019). Net income: NT$664.7m (up 42% from 3Q 2019). Profit margin: 12% (up from 7.8% in 3Q 2019). The increase in margin was driven by lower expenses. 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 4% per year.
Analyst Estimate Surprise Post Earnings • Nov 13Earnings beat expectations, revenue disappointsRevenue missed analyst estimates by 3.9%. Earnings per share (EPS) exceeded analyst estimates by 28%. Over the next year, revenue is forecast to grow 9.3%, compared to a 22% growth forecast for the Packaging industry in Taiwan.
Is New 90 Day High Low • Nov 10New 90-day high: NT$60.40The company is up 11% from its price of NT$54.60 on 12 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$92.16 per share.
Price Target Changed • Oct 23Price target raised to NT$64.10Up from NT$59.07, the current price target is provided by 1 analyst. The new target price is 11% above the current share price of NT$57.80. As of last close, the stock is up 4.9% over the past year.