View Financial HealthSincere Security 배당 및 자사주 매입배당 기준 점검 3/6Sincere Security 수익으로 충분히 충당되는 현재 수익률 5.55% 보유한 배당금 지급 회사입니다.핵심 정보5.5%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률4.8%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향71%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).모든 업데이트 보기Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.37 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$924.2m (up 6.4% from 1Q 2025). Net income: NT$33.4m (up 8.5% from 1Q 2025). Profit margin: 3.6% (in line with 1Q 2025).Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.65 (vs NT$4.39 in FY 2024)Full year 2025 results: EPS: NT$4.65 (up from NT$4.39 in FY 2024). Revenue: NT$3.63b (up 9.2% from FY 2024). Net income: NT$104.7m (up 6.0% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공시 • Mar 10Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.43 (vs NT$1.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.43 (down from NT$1.43 in 3Q 2024). Revenue: NT$918.7m (up 11% from 3Q 2024). Net income: NT$32.1m (flat on 3Q 2024). Profit margin: 3.5% (down from 3.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.11 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.11 (down from NT$1.27 in 2Q 2024). Revenue: NT$890.7m (up 6.8% from 2Q 2024). Net income: NT$25.1m (down 12% from 2Q 2024). Profit margin: 2.8% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher 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 10% per year.Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% 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 2025 earnings released: EPS: NT$1.37 (vs NT$0.79 in 1Q 2024)First quarter 2025 results: EPS: NT$1.37 (up from NT$0.79 in 1Q 2024). Revenue: NT$868.9m (up 9.5% from 1Q 2024). Net income: NT$30.8m (up 74% from 1Q 2024). Profit margin: 3.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$4.39 (vs NT$3.33 in FY 2023)Full year 2024 results: EPS: NT$4.39 (up from NT$3.33 in FY 2023). Revenue: NT$3.32b (up 11% from FY 2023). Net income: NT$98.8m (up 32% from FY 2023). Profit margin: 3.0% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.공시 • Mar 12Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.43 (vs NT$0.72 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.43 (up from NT$0.72 in 3Q 2023). Revenue: NT$825.7m (up 8.6% from 3Q 2023). Net income: NT$32.2m (up 98% from 3Q 2023). Profit margin: 3.9% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$0.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (up from NT$0.98 in 2Q 2023). Revenue: NT$834.1m (up 11% from 2Q 2023). Net income: NT$28.6m (up 30% from 2Q 2023). Profit margin: 3.4% (up from 2.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.79 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.79 (up from NT$0.73 in 1Q 2023). Revenue: NT$793.8m (up 12% from 1Q 2023). Net income: NT$17.7m (up 8.2% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$3.33 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.33 (up from NT$3.08 in FY 2022). Revenue: NT$2.98b (up 13% from FY 2022). Net income: NT$75.0m (up 12% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Mar 16Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.72 (vs NT$0.73 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.72 (down from NT$0.73 in 3Q 2022). Revenue: NT$760.4m (up 9.9% from 3Q 2022). Net income: NT$16.3m (flat on 3Q 2022). Profit margin: 2.1% (down from 2.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.Buying Opportunity • Nov 13Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$63.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.Buying Opportunity • Oct 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$64.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.98 (vs NT$0.54 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.98 (up from NT$0.54 in 2Q 2022). Revenue: NT$753.2m (up 16% from 2Q 2022). Net income: NT$22.0m (up 89% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.39 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.73 (down from NT$1.39 in 3Q 2021). Revenue: NT$691.7m (up 22% from 3Q 2021). Net income: NT$16.4m (down 41% from 3Q 2021). Profit margin: 2.4% (down from 4.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$50.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$53.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.Reported Earnings • Aug 15Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.54. Net income: NT$11.7m (up NT$11.7m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Buying Opportunity • Aug 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$59.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%.Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$1.23 in 1Q 2021)First quarter 2022 results: EPS: NT$0.57 (down from NT$1.23 in 1Q 2021). Revenue: NT$596.3m (up 12% from 1Q 2021). Net income: NT$11.5m (down 53% from 1Q 2021). Profit margin: 1.9% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be NT$88.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$5.44 (vs NT$5.47 in FY 2020)Full year 2021 results: EPS: NT$5.44 (down from NT$5.47 in FY 2020). Revenue: NT$2.22b (up 6.7% from FY 2020). Net income: NT$108.9m (flat on FY 2020). Profit margin: 4.9% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% 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 • Nov 15Third quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.44 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$566.8m (up 6.9% from 3Q 2020). Net income: NT$27.8m (down 3.2% from 3Q 2020). Profit margin: 4.9% (down from 5.4% in 3Q 2020). The decrease in margin was driven by higher expenses.Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$5.47 (vs NT$2.95 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.08b (up 11% from FY 2019). Net income: NT$109.5m (up 88% from FY 2019). Profit margin: 5.3% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue.분석 기사 • Apr 14Is Sincere Security Co. Ltd. (GTSM:6721) A Smart Pick For Income Investors?Today we'll take a closer look at Sincere Security Co. Ltd. ( GTSM:6721 ) from a dividend investor's perspective...Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past year.공시 • Mar 12Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021.Is New 90 Day High Low • Feb 20New 90-day low: NT$52.00The company is down 1.0% from its price of NT$52.50 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 1.0% over the same period.Is New 90 Day High Low • Jan 10New 90-day high: NT$55.10The company is up 1.0% from its price of NT$54.80 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.분석 기사 • Dec 30Sincere Security (GTSM:6721) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Nov 25Three Things You Should Check Before Buying Sincere Security Co. Ltd. (GTSM:6721) For Its DividendDividend paying stocks like Sincere Security Co. Ltd. (GTSM:6721) tend to be popular with investors, and for good...지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 6721 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 6721 의 배당금 지급이 증가했지만 회사는 7 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Sincere Security 배당 수익률 vs 시장6721의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (6721)5.5%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Real Estate)5.9%분석가 예측 (6721) (최대 3년)n/a주목할만한 배당금: 6721 의 배당금( 5.55% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.42% )보다 높습니다.고배당: 6721 의 배당금( 5.55% )은 TW 시장( 5% )주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 71.2% )을 통해 6721 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 102.7% )이 높기 때문에 6721 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/22 22:19종가2026/05/22 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Sincere Security Corp. Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).
Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).
Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.37 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00. Revenue: NT$924.2m (up 6.4% from 1Q 2025). Net income: NT$33.4m (up 8.5% from 1Q 2025). Profit margin: 3.6% (in line with 1Q 2025).
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.65 (vs NT$4.39 in FY 2024)Full year 2025 results: EPS: NT$4.65 (up from NT$4.39 in FY 2024). Revenue: NT$3.63b (up 9.2% from FY 2024). Net income: NT$104.7m (up 6.0% from FY 2024). Profit margin: 2.9% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공시 • Mar 10Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026Sincere Security Corp. Ltd., Annual General Meeting, Jun 03, 2026, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: NT$1.43 (vs NT$1.43 in 3Q 2024)Third quarter 2025 results: EPS: NT$1.43 (down from NT$1.43 in 3Q 2024). Revenue: NT$918.7m (up 11% from 3Q 2024). Net income: NT$32.1m (flat on 3Q 2024). Profit margin: 3.5% (down from 3.9% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 14% per year.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$1.11 (vs NT$1.27 in 2Q 2024)Second quarter 2025 results: EPS: NT$1.11 (down from NT$1.27 in 2Q 2024). Revenue: NT$890.7m (up 6.8% from 2Q 2024). Net income: NT$25.1m (down 12% from 2Q 2024). Profit margin: 2.8% (down from 3.4% in 2Q 2024). The decrease in margin was driven by higher 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 10% per year.
Declared Dividend • Jul 10Dividend increased to NT$3.00Dividend of NT$3.00 is 15% higher than last year. Ex-date: 23rd July 2025 Payment date: 22nd August 2025 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (60% earnings payout ratio) but not covered by cash flows (170% cash payout ratio). The dividend has remained flat since 6 years ago. However, payments have been volatile during that time. Earnings per share has grown by 6.5% 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 2025 earnings released: EPS: NT$1.37 (vs NT$0.79 in 1Q 2024)First quarter 2025 results: EPS: NT$1.37 (up from NT$0.79 in 1Q 2024). Revenue: NT$868.9m (up 9.5% from 1Q 2024). Net income: NT$30.8m (up 74% from 1Q 2024). Profit margin: 3.5% (up from 2.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 5% per year.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$4.39 (vs NT$3.33 in FY 2023)Full year 2024 results: EPS: NT$4.39 (up from NT$3.33 in FY 2023). Revenue: NT$3.32b (up 11% from FY 2023). Net income: NT$98.8m (up 32% from FY 2023). Profit margin: 3.0% (up from 2.5% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 7% per year.
공시 • Mar 12Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025Sincere Security Corp. Ltd., Annual General Meeting, Jun 12, 2025, at 09:30 Taipei Standard Time. Location: 2 floor no,26, t`ai yuan st., jhubei city, hsinchu county Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$1.43 (vs NT$0.72 in 3Q 2023)Third quarter 2024 results: EPS: NT$1.43 (up from NT$0.72 in 3Q 2023). Revenue: NT$825.7m (up 8.6% from 3Q 2023). Net income: NT$32.2m (up 98% from 3Q 2023). Profit margin: 3.9% (up from 2.1% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 7% per year.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$0.98 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.27 (up from NT$0.98 in 2Q 2023). Revenue: NT$834.1m (up 11% from 2Q 2023). Net income: NT$28.6m (up 30% from 2Q 2023). Profit margin: 3.4% (up from 2.9% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jul 17Upcoming dividend of NT$2.60 per shareEligible shareholders must have bought the stock before 24 July 2024. Payment date: 23 August 2024. Payout ratio and cash payout ratio are on the higher end at 77% and 76% respectively. Trailing yield: 4.9%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.5%).
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.79 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.79 (up from NT$0.73 in 1Q 2023). Revenue: NT$793.8m (up 12% from 1Q 2023). Net income: NT$17.7m (up 8.2% from 1Q 2023). Profit margin: 2.2% (down from 2.3% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$3.33 (vs NT$3.08 in FY 2022)Full year 2023 results: EPS: NT$3.33 (up from NT$3.08 in FY 2022). Revenue: NT$2.98b (up 13% from FY 2022). Net income: NT$75.0m (up 12% from FY 2022). Profit margin: 2.5% (in line with FY 2022). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Mar 16Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024Sincere Security Corp. Ltd., Annual General Meeting, Jun 06, 2024.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.72 (vs NT$0.73 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.72 (down from NT$0.73 in 3Q 2022). Revenue: NT$760.4m (up 9.9% from 3Q 2022). Net income: NT$16.3m (flat on 3Q 2022). Profit margin: 2.1% (down from 2.4% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Nov 13Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$63.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.
Buying Opportunity • Oct 24Now 21% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be NT$64.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 15%.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.98 (vs NT$0.54 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.98 (up from NT$0.54 in 2Q 2022). Revenue: NT$753.2m (up 16% from 2Q 2022). Net income: NT$22.0m (up 89% from 2Q 2022). Profit margin: 2.9% (up from 1.8% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 19Upcoming dividend of NT$2.40 per share at 4.5% yieldEligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 75% but the company is paying out more than the cash it is generating. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (4.6%).
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.73 (vs NT$1.39 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.73 (down from NT$1.39 in 3Q 2021). Revenue: NT$691.7m (up 22% from 3Q 2021). Net income: NT$16.4m (down 41% from 3Q 2021). Profit margin: 2.4% (down from 4.9% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Buying Opportunity • Nov 17Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 11%. The fair value is estimated to be NT$50.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.
Buying Opportunity • Oct 11Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be NT$53.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 19%.
Reported Earnings • Aug 15Second quarter 2022 earnings releasedSecond quarter 2022 results: EPS: NT$0.54. Net income: NT$11.7m (up NT$11.7m from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Buying Opportunity • Aug 08Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be NT$59.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Earnings per share has grown by 25%.
Upcoming Dividend • Jul 20Upcoming dividend of NT$3.56 per shareEligible shareholders must have bought the stock before 27 July 2022. Payment date: 19 August 2022. Payout ratio is on the higher end at 79%, and the cash payout ratio is above 100%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.8%). Higher than average of industry peers (6.1%).
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$0.57 (vs NT$1.23 in 1Q 2021)First quarter 2022 results: EPS: NT$0.57 (down from NT$1.23 in 1Q 2021). Revenue: NT$596.3m (up 12% from 1Q 2021). Net income: NT$11.5m (down 53% from 1Q 2021). Profit margin: 1.9% (down from 4.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Buying Opportunity • Apr 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 2.1%. The fair value is estimated to be NT$88.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 25%.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$5.44 (vs NT$5.47 in FY 2020)Full year 2021 results: EPS: NT$5.44 (down from NT$5.47 in FY 2020). Revenue: NT$2.22b (up 6.7% from FY 2020). Net income: NT$108.9m (flat on FY 2020). Profit margin: 4.9% (down from 5.3% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% 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 • Nov 15Third quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.44 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$566.8m (up 6.9% from 3Q 2020). Net income: NT$27.8m (down 3.2% from 3Q 2020). Profit margin: 4.9% (down from 5.4% in 3Q 2020). The decrease in margin was driven by higher expenses.
Upcoming Dividend • Aug 19Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 26 August 2021. Payment date: 17 September 2021. Trailing yield: 5.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.8%).
Reported Earnings • Apr 29Full year 2020 earnings released: EPS NT$5.47 (vs NT$2.95 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.08b (up 11% from FY 2019). Net income: NT$109.5m (up 88% from FY 2019). Profit margin: 5.3% (up from 3.1% in FY 2019). The increase in margin was driven by higher revenue.
분석 기사 • Apr 14Is Sincere Security Co. Ltd. (GTSM:6721) A Smart Pick For Income Investors?Today we'll take a closer look at Sincere Security Co. Ltd. ( GTSM:6721 ) from a dividend investor's perspective...
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$70.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 16x in the Real Estate industry in Taiwan. Total returns to shareholders of 80% over the past year.
공시 • Mar 12Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021Sincere Security Co. Ltd., Annual General Meeting, May 27, 2021.
Is New 90 Day High Low • Feb 20New 90-day low: NT$52.00The company is down 1.0% from its price of NT$52.50 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Jan 10New 90-day high: NT$55.10The company is up 1.0% from its price of NT$54.80 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.
분석 기사 • Dec 30Sincere Security (GTSM:6721) Could Easily Take On More DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Nov 25Three Things You Should Check Before Buying Sincere Security Co. Ltd. (GTSM:6721) For Its DividendDividend paying stocks like Sincere Security Co. Ltd. (GTSM:6721) tend to be popular with investors, and for good...