Chung Lien (5604) 주식 개요청리엔은 부동산 임대 및 판매 사업을 영위하는 회사입니다. 자세히 보기5604 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적1/6재무 건전성5/6배당2/6위험 분석6.69%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.지난 5년간 매년 수익이 53.3% 감소했습니다.의미 있는 수익이 없습니다(NT$161M)이익 마진 (64.1%)이 지난해 보다 낮습니다.모든 위험 점검 보기5604 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW492,148 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINRODA492,148 investors already sharing narrativesYour Fair ValueNT$Current PriceNT$29.9021.8% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-376m2b2016201920222025202620282031Revenue NT$181.6mEarnings NT$116.5mAdvancedSet Fair ValueView all narrativesChung Lien Co., Ltd 경쟁사Wan Hwa EnterpriseSymbol: TWSE:2701Market cap: NT$4.8bGTM HoldingsSymbol: TWSE:1437Market cap: NT$6.3bTRKSymbol: TWSE:1432Market cap: NT$1.6bLong Bon InternationalLtdSymbol: TWSE:2514Market cap: NT$4.6b가격 이력 및 성과Chung Lien 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$29.9052주 최고가NT$40.2052주 최저가NT$29.90베타0.241개월 변동-3.08%3개월 변동-8.42%1년 변동-20.27%3년 변동-37.84%5년 변동-67.61%IPO 이후 변동-25.12%최근 뉴스 및 업데이트New Risk • Jul 14New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$161m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Dividend per share is over 5x cash flows per share. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (64% net profit margin). Revenue is less than US$5m (NT$161m revenue, or US$5.0m).Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.32 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.32 (up from NT$0.22 in 1Q 2025). Revenue: NT$40.9m (up 3.8% from 1Q 2025). Net income: NT$34.6m (up 47% from 1Q 2025). Profit margin: 85% (up from 60% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.85 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$0.85 (down from NT$2.50 in FY 2024). Revenue: NT$159.4m (flat on FY 2024). Net income: NT$92.2m (down 66% from FY 2024). Profit margin: 58% (down from 171% in FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Mar 05New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$159m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 273% Dividend per share is over 5x cash flows per share. Earnings have declined by 51% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (58% net profit margin). Revenue is less than US$5m (NT$159m revenue, or US$5.0m).Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 February 2026. Payment date: 11 March 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (5.3%).Declared Dividend • Jan 31Dividend reduced to NT$2.00Dividend of NT$2.00 is 13% lower than last year. Ex-date: 23rd February 2026 Payment date: 11th March 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (273% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 2.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 203% to bring the payout ratio under control. However, EPS has declined by 37% over the last 5 years so the company would need to reverse this trend.더 많은 업데이트 보기Recent updatesNew Risk • Jul 14New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$161m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Dividend per share is over 5x cash flows per share. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (64% net profit margin). Revenue is less than US$5m (NT$161m revenue, or US$5.0m).Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.32 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.32 (up from NT$0.22 in 1Q 2025). Revenue: NT$40.9m (up 3.8% from 1Q 2025). Net income: NT$34.6m (up 47% from 1Q 2025). Profit margin: 85% (up from 60% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.85 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$0.85 (down from NT$2.50 in FY 2024). Revenue: NT$159.4m (flat on FY 2024). Net income: NT$92.2m (down 66% from FY 2024). Profit margin: 58% (down from 171% in FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Mar 05New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$159m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 273% Dividend per share is over 5x cash flows per share. Earnings have declined by 51% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (58% net profit margin). Revenue is less than US$5m (NT$159m revenue, or US$5.0m).Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 February 2026. Payment date: 11 March 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (5.3%).Declared Dividend • Jan 31Dividend reduced to NT$2.00Dividend of NT$2.00 is 13% lower than last year. Ex-date: 23rd February 2026 Payment date: 11th March 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (273% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 2.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 203% to bring the payout ratio under control. However, EPS has declined by 37% over the last 5 years so the company would need to reverse this trend.공고 • Jan 30+ 1 more updateChung Lien Co., Ltd, Annual General Meeting, Jun 04, 2026Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2026. Location: 2 floor no,7, kung yeh ou 1st rd., hsi tun district, taichung city TaiwanReported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.20 (vs NT$1.87 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.20 (down from NT$1.87 in 3Q 2024). Revenue: NT$40.0m (up 1.3% from 3Q 2024). Net income: NT$22.3m (down 89% from 3Q 2024). Profit margin: 56% (down from 514% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.21 (vs NT$0.20 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.21 (up from NT$0.20 in 2Q 2024). Net income: NT$23.0m (up 3.4% from 2Q 2024). 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 16% per year, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.22 (vs NT$0.22 in 1Q 2024)First quarter 2025 results: EPS: NT$0.22. Net income: NT$23.6m (flat on 1Q 2024).공고 • Apr 23Chung Lien Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Chung Lien Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025New Risk • Mar 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 228% Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 228% Earnings have declined by 31% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$159m revenue, or US$4.8m).Reported Earnings • Mar 05Full year 2024 earnings released: EPS: NT$2.50 (vs NT$0.83 in FY 2023)Full year 2024 results: EPS: NT$2.50 (up from NT$0.83 in FY 2023). Net income: NT$272.0m (up 203% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% 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.공고 • Feb 06Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2025Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2025, at 10:00 Taipei Standard Time. Location: 2 floor no,7, kung yeh ou 1st rd., hsi tun district, taichung city TaiwanDeclared Dividend • Feb 06Dividend of NT$2.30 announcedShareholders will receive a dividend of NT$2.30. Ex-date: 20th February 2025 Payment date: 12th March 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (196% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 69% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 203% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (196% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (NT$160m revenue, or US$4.9m).Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.87 (vs NT$0.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.87 (up from NT$0.21 in 3Q 2023). Net income: NT$203.2m (up NT$180.3m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.공고 • Oct 22Chung Lien Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Chung Lien Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.20 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.20 (down from NT$0.20 in 2Q 2023). Revenue: NT$39.1m (down 1.7% from 2Q 2023). Net income: NT$22.3m (flat on 2Q 2023). Profit margin: 57% (in line with 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.공고 • Jul 23Chung Lien Co., Ltd to Report Q2, 2024 Results on Jul 30, 2024Chung Lien Co., Ltd announced that they will report Q2, 2024 results on Jul 30, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.22 (vs NT$0.20 in 1Q 2023)First quarter 2024 results: EPS: NT$0.22 (up from NT$0.20 in 1Q 2023). Revenue: NT$40.6m (up 1.2% from 1Q 2023). Net income: NT$23.7m (up 9.1% from 1Q 2023). Profit margin: 58% (up from 54% in 1Q 2023). The increase in margin was primarily 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 86 percentage points per year, which is a significant difference in performance.공고 • Apr 24Chung Lien Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Chung Lien Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024New Risk • Apr 06New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$160m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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: Minor Risks Dividend is not well covered by earnings (121% payout ratio). Revenue is less than US$5m (NT$160m revenue, or US$5.0m).Reported Earnings • Mar 09Full year 2023 earnings released: EPS: NT$0.83 (vs NT$0.85 in FY 2022)Full year 2023 results: EPS: NT$0.83 (down from NT$0.85 in FY 2022). Revenue: NT$160.5m (flat on FY 2022). Net income: NT$89.8m (down 3.0% from FY 2022). Profit margin: 56% (down from 57% in FY 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.Upcoming Dividend • Feb 15Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 13 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.7%).Declared Dividend • Feb 02Dividend of NT$2.00 announcedDividend of NT$2.00 is the same as last year. Ex-date: 22nd February 2024 Payment date: 13th March 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (241% earnings payout ratio) nor is it covered by cash flows (167% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control, which is more than the 3.9% EPS growth achieved over the last 5 years.공고 • Feb 01+ 1 more updateChung Lien Co., Ltd Announces Cash Dividend for the Year 2023, Payable on March 13, 2024Chung Lien Co. Ltd. announced distribution of 2023 earnings of TWD 1 per share in cash and TWD 1 per share in legal reserve. Total cash dividends of TWD 2 per share, the total amount of cash dividends is TWD 217,565,936. Ex-rights (Ex-dividend) date is February 22, 2024. Last date before book closure is February 23, 2024. Book closure starting date is February 24, 2024. Book closure ending date is February 28, 2024. Ex-rights (Ex-dividend) record date is February 28, 2024. Payment date of cash dividend distribution is March 13, 2024.Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.21 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.21 (up from NT$0.21 in 3Q 2022). Revenue: NT$40.2m (flat on 3Q 2022). Net income: NT$22.9m (flat on 3Q 2022). Profit margin: 57% (in line with 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.Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.21 (down from NT$0.21 in 2Q 2022). Revenue: NT$39.7m (flat on 2Q 2022). Net income: NT$22.4m (down 2.8% from 2Q 2022). Profit margin: 56% (down from 57% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$0.85 (vs NT$6.75 in FY 2021)Full year 2022 results: EPS: NT$0.85 (down from NT$6.75 in FY 2021). Revenue: NT$161.5m (up 7.8% from FY 2021). Net income: NT$92.6m (down 87% from FY 2021). Profit margin: 57% (down from 490% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per share at 11% yieldEligible shareholders must have bought the stock before 23 February 2023. Payment date: 15 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (6.2%).Buying Opportunity • Jan 10Now 21% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be NT$65.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 14%.Upcoming Dividend • Jun 16Upcoming dividend of NT$6.10 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 13 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.5%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.22 (vs NT$5.97 in 1Q 2021)First quarter 2022 results: EPS: NT$0.22 (down from NT$5.97 in 1Q 2021). Revenue: NT$40.3m (up 15% from 1Q 2021). Net income: NT$23.5m (down 96% from 1Q 2021). Profit margin: 58% (down from 1,857% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$6.75 (down from NT$8.80 in FY 2020). Net income: NT$734.1m (down 23% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.공고 • Jan 28Chung Lien Co., Ltd, Annual General Meeting, Jun 06, 2022Chung Lien Co., Ltd, Annual General Meeting, Jun 06, 2022.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$8.24 in 3Q 2020)Third quarter 2021 results: Net income: NT$21.1m (down 98% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$78.50, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 230% over the past three years.Upcoming Dividend • Aug 09Upcoming dividend of NT$7.95 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 01 September 2021. Trailing yield: 8.6%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.8%).Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$108, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 332% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$5.97 (vs NT$0.12 in 1Q 2020)First quarter 2021 results: Net income: NT$648.9m (up NT$635.7m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$8.80 (vs NT$0.26 in FY 2019)Full year 2020 results: Net income: NT$957.7m (up NT$929.2m from FY 2019). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Feb 28New 90-day high: NT$77.60The company is up 13% from its price of NT$68.50 on 30 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.공고 • Feb 10Chung Lien Transportation Co., Ltd, Annual General Meeting, Jun 03, 2021Chung Lien Transportation Co., Ltd, Annual General Meeting, Jun 03, 2021.Is New 90 Day High Low • Feb 04New 90-day high: NT$70.00The company is up 3.0% from its price of NT$68.20 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.분석 기사 • Feb 01Is There More To The Story Than Chung Lien Transportation's (GTSM:5604) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$8.24Third quarter 2020 results: Net income: NT$896.0m (up NT$882.2m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Oct 15New 90-day high: NT$63.70The company is up 4.0% from its price of NT$61.20 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 3.0% over the same period.주주 수익률5604TW Real EstateTW 시장7D-1.2%-1.0%-6.1%1Y-20.3%-9.0%77.1%전체 주주 수익률 보기수익률 대 산업: 5604은 지난 1년 동안 -9%의 수익을 기록한 TW Real Estate 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 5604은 지난 1년 동안 77.1%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5604's price volatile compared to industry and market?5604 volatility5604 Average Weekly Movement1.8%Real Estate Industry Average Movement4.1%Market Average Movement6.4%10% most volatile stocks in TW Market11.9%10% least volatile stocks in TW Market2.7%안정적인 주가: 5604는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5604의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1954n/aRuimeng Jiangcltc.com.tw청리엔은 부동산 임대 및 판매 사업을 영위하고 있습니다. 또한 컴퓨터 정보 제품 및 소프트웨어 소매업과 정보 유지보수 서비스를 제공합니다. 이 회사는 이전에 청리엔 운송 주식회사로 알려졌습니다.더 보기Chung Lien Co., Ltd 기초 지표 요약Chung Lien의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5604 기초 통계시가총액NT$3.25b순이익 (TTM)NT$103.20m매출 (TTM)NT$160.90m31.5x주가수익비율(P/E)20.2x주가매출비율(P/S)5604는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5604 손익계산서 (TTM)매출NT$160.90m매출원가NT$28.98m총이익NT$131.93m기타 비용NT$28.73m순이익NT$103.20m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.95총이익률81.99%순이익률64.14%부채/자본 비율0%5604의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당6.7%현재 배당 수익률211%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/29 18:19종가2026/07/29 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 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 소스Chung Lien Co., Ltd는 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 • Jul 14New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$161m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Dividend per share is over 5x cash flows per share. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (64% net profit margin). Revenue is less than US$5m (NT$161m revenue, or US$5.0m).
Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.32 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.32 (up from NT$0.22 in 1Q 2025). Revenue: NT$40.9m (up 3.8% from 1Q 2025). Net income: NT$34.6m (up 47% from 1Q 2025). Profit margin: 85% (up from 60% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.85 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$0.85 (down from NT$2.50 in FY 2024). Revenue: NT$159.4m (flat on FY 2024). Net income: NT$92.2m (down 66% from FY 2024). Profit margin: 58% (down from 171% in FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Mar 05New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$159m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 273% Dividend per share is over 5x cash flows per share. Earnings have declined by 51% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (58% net profit margin). Revenue is less than US$5m (NT$159m revenue, or US$5.0m).
Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 February 2026. Payment date: 11 March 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (5.3%).
Declared Dividend • Jan 31Dividend reduced to NT$2.00Dividend of NT$2.00 is 13% lower than last year. Ex-date: 23rd February 2026 Payment date: 11th March 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (273% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 2.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 203% to bring the payout ratio under control. However, EPS has declined by 37% over the last 5 years so the company would need to reverse this trend.
New Risk • Jul 14New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$161m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 211% Dividend per share is over 5x cash flows per share. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (64% net profit margin). Revenue is less than US$5m (NT$161m revenue, or US$5.0m).
Reported Earnings • May 17First quarter 2026 earnings released: EPS: NT$0.32 (vs NT$0.22 in 1Q 2025)First quarter 2026 results: EPS: NT$0.32 (up from NT$0.22 in 1Q 2025). Revenue: NT$40.9m (up 3.8% from 1Q 2025). Net income: NT$34.6m (up 47% from 1Q 2025). Profit margin: 85% (up from 60% in 1Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 11Full year 2025 earnings released: EPS: NT$0.85 (vs NT$2.50 in FY 2024)Full year 2025 results: EPS: NT$0.85 (down from NT$2.50 in FY 2024). Revenue: NT$159.4m (flat on FY 2024). Net income: NT$92.2m (down 66% from FY 2024). Profit margin: 58% (down from 171% in FY 2024). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Mar 05New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$159m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 273% Dividend per share is over 5x cash flows per share. Earnings have declined by 51% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (58% net profit margin). Revenue is less than US$5m (NT$159m revenue, or US$5.0m).
Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 23 February 2026. Payment date: 11 March 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (5.3%).
Declared Dividend • Jan 31Dividend reduced to NT$2.00Dividend of NT$2.00 is 13% lower than last year. Ex-date: 23rd February 2026 Payment date: 11th March 2026 Dividend yield will be 5.2%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (273% earnings payout ratio) nor is it covered by cash flows (dividend approximately 6x free cash flows). The dividend has increased by an average of 2.5% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 203% to bring the payout ratio under control. However, EPS has declined by 37% over the last 5 years so the company would need to reverse this trend.
공고 • Jan 30+ 1 more updateChung Lien Co., Ltd, Annual General Meeting, Jun 04, 2026Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2026. Location: 2 floor no,7, kung yeh ou 1st rd., hsi tun district, taichung city Taiwan
Reported Earnings • Nov 17Third quarter 2025 earnings released: EPS: NT$0.20 (vs NT$1.87 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.20 (down from NT$1.87 in 3Q 2024). Revenue: NT$40.0m (up 1.3% from 3Q 2024). Net income: NT$22.3m (down 89% from 3Q 2024). Profit margin: 56% (down from 514% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.21 (vs NT$0.20 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.21 (up from NT$0.20 in 2Q 2024). Net income: NT$23.0m (up 3.4% from 2Q 2024). 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 16% per year, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.22 (vs NT$0.22 in 1Q 2024)First quarter 2025 results: EPS: NT$0.22. Net income: NT$23.6m (flat on 1Q 2024).
공고 • Apr 23Chung Lien Co., Ltd to Report Q1, 2025 Results on Apr 30, 2025Chung Lien Co., Ltd announced that they will report Q1, 2025 results on Apr 30, 2025
New Risk • Mar 13New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 228% Dividend yield: 5.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 92% Cash payout ratio: 228% Earnings have declined by 31% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Revenue is less than US$5m (NT$159m revenue, or US$4.8m).
Reported Earnings • Mar 05Full year 2024 earnings released: EPS: NT$2.50 (vs NT$0.83 in FY 2023)Full year 2024 results: EPS: NT$2.50 (up from NT$0.83 in FY 2023). Net income: NT$272.0m (up 203% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 27% 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.
공고 • Feb 06Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2025Chung Lien Co., Ltd, Annual General Meeting, Jun 04, 2025, at 10:00 Taipei Standard Time. Location: 2 floor no,7, kung yeh ou 1st rd., hsi tun district, taichung city Taiwan
Declared Dividend • Feb 06Dividend of NT$2.30 announcedShareholders will receive a dividend of NT$2.30. Ex-date: 20th February 2025 Payment date: 12th March 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (80% earnings payout ratio) but not covered by cash flows (196% cash payout ratio). The dividend has increased by an average of 1.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 69% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Nov 18New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 203% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 25% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (196% cash payout ratio). Large one-off items impacting financial results. Revenue is less than US$5m (NT$160m revenue, or US$4.9m).
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$1.87 (vs NT$0.21 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.87 (up from NT$0.21 in 3Q 2023). Net income: NT$203.2m (up NT$180.3m from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 45 percentage points per year, which is a significant difference in performance.
공고 • Oct 22Chung Lien Co., Ltd to Report Q3, 2024 Results on Oct 29, 2024Chung Lien Co., Ltd announced that they will report Q3, 2024 results on Oct 29, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.20 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.20 (down from NT$0.20 in 2Q 2023). Revenue: NT$39.1m (down 1.7% from 2Q 2023). Net income: NT$22.3m (flat on 2Q 2023). Profit margin: 57% (in line with 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
공고 • Jul 23Chung Lien Co., Ltd to Report Q2, 2024 Results on Jul 30, 2024Chung Lien Co., Ltd announced that they will report Q2, 2024 results on Jul 30, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.22 (vs NT$0.20 in 1Q 2023)First quarter 2024 results: EPS: NT$0.22 (up from NT$0.20 in 1Q 2023). Revenue: NT$40.6m (up 1.2% from 1Q 2023). Net income: NT$23.7m (up 9.1% from 1Q 2023). Profit margin: 58% (up from 54% in 1Q 2023). The increase in margin was primarily 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 86 percentage points per year, which is a significant difference in performance.
공고 • Apr 24Chung Lien Co., Ltd to Report Q1, 2024 Results on Apr 30, 2024Chung Lien Co., Ltd announced that they will report Q1, 2024 results on Apr 30, 2024
New Risk • Apr 06New minor risk - Revenue sizeThe company makes less than US$5m in revenue. Total revenue: NT$160m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue 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: Minor Risks Dividend is not well covered by earnings (121% payout ratio). Revenue is less than US$5m (NT$160m revenue, or US$5.0m).
Reported Earnings • Mar 09Full year 2023 earnings released: EPS: NT$0.83 (vs NT$0.85 in FY 2022)Full year 2023 results: EPS: NT$0.83 (down from NT$0.85 in FY 2022). Revenue: NT$160.5m (flat on FY 2022). Net income: NT$89.8m (down 3.0% from FY 2022). Profit margin: 56% (down from 57% in FY 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.
Upcoming Dividend • Feb 15Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 22 February 2024. Payment date: 13 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.7%).
Declared Dividend • Feb 02Dividend of NT$2.00 announcedDividend of NT$2.00 is the same as last year. Ex-date: 22nd February 2024 Payment date: 13th March 2024 Dividend yield will be 4.5%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (241% earnings payout ratio) nor is it covered by cash flows (167% cash payout ratio). The dividend has increased by an average of 2.9% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 167% to bring the payout ratio under control, which is more than the 3.9% EPS growth achieved over the last 5 years.
공고 • Feb 01+ 1 more updateChung Lien Co., Ltd Announces Cash Dividend for the Year 2023, Payable on March 13, 2024Chung Lien Co. Ltd. announced distribution of 2023 earnings of TWD 1 per share in cash and TWD 1 per share in legal reserve. Total cash dividends of TWD 2 per share, the total amount of cash dividends is TWD 217,565,936. Ex-rights (Ex-dividend) date is February 22, 2024. Last date before book closure is February 23, 2024. Book closure starting date is February 24, 2024. Book closure ending date is February 28, 2024. Ex-rights (Ex-dividend) record date is February 28, 2024. Payment date of cash dividend distribution is March 13, 2024.
Reported Earnings • Nov 07Third quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.21 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.21 (up from NT$0.21 in 3Q 2022). Revenue: NT$40.2m (flat on 3Q 2022). Net income: NT$22.9m (flat on 3Q 2022). Profit margin: 57% (in line with 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.
Reported Earnings • Aug 10Second quarter 2023 earnings released: EPS: NT$0.21 (vs NT$0.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.21 (down from NT$0.21 in 2Q 2022). Revenue: NT$39.7m (flat on 2Q 2022). Net income: NT$22.4m (down 2.8% from 2Q 2022). Profit margin: 56% (down from 57% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$0.85 (vs NT$6.75 in FY 2021)Full year 2022 results: EPS: NT$0.85 (down from NT$6.75 in FY 2021). Revenue: NT$161.5m (up 7.8% from FY 2021). Net income: NT$92.6m (down 87% from FY 2021). Profit margin: 57% (down from 490% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Upcoming Dividend • Feb 16Upcoming dividend of NT$2.00 per share at 11% yieldEligible shareholders must have bought the stock before 23 February 2023. Payment date: 15 March 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (6.2%).
Buying Opportunity • Jan 10Now 21% undervaluedOver the last 90 days, the stock is up 6.5%. The fair value is estimated to be NT$65.92, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 14%.
Upcoming Dividend • Jun 16Upcoming dividend of NT$6.10 per shareEligible shareholders must have bought the stock before 23 June 2022. Payment date: 13 July 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.5%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.22 (vs NT$5.97 in 1Q 2021)First quarter 2022 results: EPS: NT$0.22 (down from NT$5.97 in 1Q 2021). Revenue: NT$40.3m (up 15% from 1Q 2021). Net income: NT$23.5m (down 96% from 1Q 2021). Profit margin: 58% (down from 1,857% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 13Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$6.75 (down from NT$8.80 in FY 2020). Net income: NT$734.1m (down 23% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
공고 • Jan 28Chung Lien Co., Ltd, Annual General Meeting, Jun 06, 2022Chung Lien Co., Ltd, Annual General Meeting, Jun 06, 2022.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.19 (vs NT$8.24 in 3Q 2020)Third quarter 2021 results: Net income: NT$21.1m (down 98% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$78.50, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total returns to shareholders of 230% over the past three years.
Upcoming Dividend • Aug 09Upcoming dividend of NT$7.95 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 01 September 2021. Trailing yield: 8.6%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.8%).
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$108, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 13x in the Real Estate industry in Taiwan. Total returns to shareholders of 332% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$5.97 (vs NT$0.12 in 1Q 2020)First quarter 2021 results: Net income: NT$648.9m (up NT$635.7m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 16Full year 2020 earnings released: EPS NT$8.80 (vs NT$0.26 in FY 2019)Full year 2020 results: Net income: NT$957.7m (up NT$929.2m from FY 2019). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Feb 28New 90-day high: NT$77.60The company is up 13% from its price of NT$68.50 on 30 November 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.
공고 • Feb 10Chung Lien Transportation Co., Ltd, Annual General Meeting, Jun 03, 2021Chung Lien Transportation Co., Ltd, Annual General Meeting, Jun 03, 2021.
Is New 90 Day High Low • Feb 04New 90-day high: NT$70.00The company is up 3.0% from its price of NT$68.20 on 06 November 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is flat over the same period.
분석 기사 • Feb 01Is There More To The Story Than Chung Lien Transportation's (GTSM:5604) Earnings Growth?As a general rule, we think profitable companies are less risky than companies that lose money. Having said that...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$8.24Third quarter 2020 results: Net income: NT$896.0m (up NT$882.2m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Oct 15New 90-day high: NT$63.70The company is up 4.0% from its price of NT$61.20 on 17 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Real Estate industry, which is up 3.0% over the same period.
