View Financial HealthKindom Development 배당 및 자사주 매입배당 기준 점검 3/6Kindom Development 수익으로 충분히 충당되는 현재 수익률 4.62% 보유한 배당금 지급 회사입니다. 다음 지급일은 4th September, 2026 이며 배당락일은 다음과 같습니다. 10th August, 2026.핵심 정보4.6%배당 수익률0.5%자사주 매입 수익률총 주주 수익률5.2%미래 배당 수익률n/a배당 성장률11.6%다음 배당 지급일04 Sep 26배당락일10 Aug 26주당 배당금n/a배당 성향68%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 26Dividend of NT$1.62 announcedShareholders will receive a dividend of NT$1.62. Ex-date: 10th August 2026 Payment date: 4th September 2026 Dividend yield will be 4.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years.Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).분석 기사 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.모든 업데이트 보기Recent updatesDeclared Dividend • Jun 26Dividend of NT$1.62 announcedShareholders will receive a dividend of NT$1.62. Ex-date: 10th August 2026 Payment date: 4th September 2026 Dividend yield will be 4.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.공고 • Mar 02Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026. Location: 15 floor no,169, sec.3 min ch`uan e. rd., taipei city TaiwanBuy Or Sell Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$31.85. The fair value is estimated to be NT$39.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.57 (vs NT$2.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.57 (down from NT$2.28 in 3Q 2024). Revenue: NT$6.13b (down 13% from 3Q 2024). Net income: NT$339.3m (down 75% from 3Q 2024). Profit margin: 5.5% (down from 19% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$4.00 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$4.00 in 2Q 2024). Revenue: NT$5.34b (down 48% from 2Q 2024). Net income: NT$247.7m (down 90% from 2Q 2024). Profit margin: 4.6% (down from 23% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공고 • May 01Kindom Development Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Kindom Development Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$43.20, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.분석 기사 • Mar 31If EPS Growth Is Important To You, Kindom Development (TWSE:2520) Presents An OpportunityThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...공고 • Mar 12Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,131, sec.3 huo p`ing e. rd., taipei city TaiwanReported Earnings • Mar 11Full year 2024 earnings released: EPS: NT$10.25 (vs NT$4.42 in FY 2023)Full year 2024 results: EPS: NT$10.25 (up from NT$4.42 in FY 2023). Revenue: NT$28.7b (up 48% from FY 2023). Net income: NT$5.55b (up 132% from FY 2023). Profit margin: 19% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공고 • Mar 01Kindom Development Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Kindom Development Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.분석 기사 • Dec 12Kindom Development (TWSE:2520) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Nov 24Kindom Development Co., Ltd.'s (TWSE:2520) Price Is Right But Growth Is Lacking After Shares Rocket 27%Kindom Development Co., Ltd. ( TWSE:2520 ) shareholders would be excited to see that the share price has had a great...분석 기사 • Nov 15We Think Kindom Development's (TWSE:2520) Profit Is Only A Baseline For What They Can AchieveWhen companies post strong earnings, the stock generally performs well, just like Kindom Development Co., Ltd.'s...Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$2.51 (vs NT$1.43 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.51 (up from NT$1.43 in 3Q 2023). Revenue: NT$7.00b (up 41% from 3Q 2023). Net income: NT$1.36b (up 76% from 3Q 2023). Profit margin: 19% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Sep 09We Think Kindom Development (TWSE:2520) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$4.40 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.40 (up from NT$0.36 in 2Q 2023). Revenue: NT$10.3b (up 133% from 2Q 2023). Net income: NT$2.38b (up NT$2.19b from 2Q 2023). Profit margin: 23% (up from 4.4% 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 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 58% over the past three years.공고 • Aug 02Kindom Development Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Kindom Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024분석 기사 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.80, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 112% over the past three years.분석 기사 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$1.39 (vs NT$0.89 in 1Q 2023)First quarter 2024 results: EPS: NT$1.39 (up from NT$0.89 in 1Q 2023). Revenue: NT$4.81b (up 7.1% from 1Q 2023). Net income: NT$752.9m (up 57% from 1Q 2023). Profit margin: 16% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.공고 • May 05Kindom Development Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Kindom Development Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$50.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.분석 기사 • Apr 18Kindom Development Co., Ltd.'s (TWSE:2520) Shares Bounce 27% But Its Business Still Trails The MarketThe Kindom Development Co., Ltd. ( TWSE:2520 ) share price has done very well over the last month, posting an excellent...분석 기사 • Apr 11We Think Kindom Development (TWSE:2520) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...공고 • Mar 14Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024. Location: The first floor of the company, No. 131, Section 3, Hoping East Road, Taipei City Taiwan Agenda: To discuss Business report for 2023; to discuss Audit committee's review report on the 2023 financial statements; to discuss 2023 employees' and directors' remuneration distribution report; to discuss Report on the 2023 profit and distribution of cash from capital surplus; to discuss Report on the endorsement and guarantee of the Company and its subsidiaries for the year ended December 31, 2023; and to discuss other matters.Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$4.42 (vs NT$4.31 in FY 2022)Full year 2023 results: EPS: NT$4.42 (up from NT$4.31 in FY 2022). Revenue: NT$19.4b (down 9.6% from FY 2022). Net income: NT$2.40b (up 2.6% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.43 (vs NT$0.60 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.43 (up from NT$0.60 in 3Q 2022). Revenue: NT$4.97b (up 12% from 3Q 2022). Net income: NT$773.3m (up 138% from 3Q 2022). Profit margin: 16% (up from 7.3% in 3Q 2022). 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 increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.36 (vs NT$0.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.36 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.44b (down 5.4% from 2Q 2022). Net income: NT$195.2m (down 56% from 2Q 2022). Profit margin: 4.4% (down from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공고 • Aug 12+ 1 more updateKindom Development Co., Ltd. Announces the Appointment of Hsiao-Chiang Yuan as Information Security Chief OfficerKindom Development Co., Ltd. announced the appointment of Hsiao-Chiang Yuan as Information Security Chief Officer. Name, title, and resume of the new position holder: Hsiao-Chiang Yuan, Assistant Vice President of IT Division of Kindom Development Co., Ltd. Effective date: August 11, 2023.Upcoming Dividend • Jul 20Upcoming dividend of NT$1.75 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 23 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.6%).공고 • Jul 13Kindom Development Co., Ltd. Announces Cash Dividend, Payable on August 23, 2023Kindom Development Co., Ltd. announced cash dividend of TWD 969,797,675. Ex-rights (ex-dividend) trading date is July 27, 2023; Ex-rights (ex-dividend) record date is August 02, 2023; Payment date of cash dividend distribution is August 23, 2023.Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.53 in 1Q 2022)First quarter 2023 results: EPS: NT$0.89 (down from NT$1.53 in 1Q 2022). Revenue: NT$4.49b (down 9.8% from 1Q 2022). Net income: NT$480.6m (down 42% from 1Q 2022). Profit margin: 11% (down from 17% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$4.31 (vs NT$6.47 in FY 2021)Full year 2022 results: EPS: NT$4.31 (down from NT$6.47 in FY 2021). Revenue: NT$21.5b (down 15% from FY 2021). Net income: NT$2.33b (down 34% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.82 (vs NT$2.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.82 (down from NT$2.51 in 2Q 2021). Revenue: NT$4.69b (down 50% from 2Q 2021). Net income: NT$446.0m (down 67% from 2Q 2021). Profit margin: 9.5% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공고 • Aug 06Kindom Development Co., Ltd. Announces Management ChangesKindom Development Co., Ltd. announced Po-Chen,Fan Chiang/senior manager of audit office as Chief internal auditor in place of Lung-Chun, Hou/manager of audit office, effective date as August 5, 2022.Upcoming Dividend • Jul 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.3%).Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.99 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.99 in 1Q 2021). Revenue: NT$4.98b (up 1.2% from 1Q 2021). Net income: NT$830.4m (up 55% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Price Target Changed • Apr 27Price target increased to NT$46.00Up from NT$41.82, the current price target is provided by 1 analyst. New target price is 33% above last closing price of NT$34.60. Stock is down 13% over the past year. The company posted earnings per share of NT$6.47 last year.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Apr 13Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$6.47 (vs NT$6.18 in FY 2020)Full year 2021 results: EPS: NT$6.47 (up from NT$6.18 in FY 2020). Revenue: NT$25.2b (down 7.9% from FY 2020). Net income: NT$3.51b (up 4.6% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.75 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$4.55b (down 3.4% from 3Q 2020). Net income: NT$555.7m (up 36% from 3Q 2020). Profit margin: 12% (up from 8.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.51 (vs NT$0.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$9.44b (up 83% from 2Q 2020). Net income: NT$1.36b (up 182% from 2Q 2020). Profit margin: 14% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.7%).Price Target Changed • Jul 17Price target increased to NT$42.00Up from NT$35.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$41.35. Stock is up 24% over the past year.Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 10x in the Real Estate industry in Taiwan. Total returns to shareholders of 78% over the past three years.Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.09 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.92b (up 26% from 1Q 2020). Net income: NT$535.8m (up 77% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.80 (vs NT$2.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$27.3b (up 78% from FY 2019). Net income: NT$3.35b (up 161% from FY 2019). Profit margin: 12% (up from 8.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.분석 기사 • Mar 28Calculating The Fair Value Of Kindom Development Co., Ltd. (TPE:2520)Does the March share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we will...분석 기사 • Mar 15Here's How We Evaluate Kindom Development Co., Ltd.'s (TPE:2520) DividendDividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Mar 03New 90-day high: NT$37.45The company is up 3.0% from its price of NT$36.40 on 03 December 2020. The Taiwanese market is up 13% 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 • Mar 02Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...분석 기사 • Feb 17Kindom Development Co., Ltd. (TPE:2520) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...분석 기사 • Feb 04Kindom Development (TPE:2520) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...분석 기사 • Jan 22Here's What Kindom Development Co., Ltd.'s (TPE:2520) Shareholder Ownership Structure Looks LikeIf you want to know who really controls Kindom Development Co., Ltd. ( TPE:2520 ), then you'll have to look at the...Is New 90 Day High Low • Jan 20New 90-day low: NT$32.20The company is down 18% from its price of NT$39.10 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.분석 기사 • Jan 07Shareholders Of Kindom Development (TPE:2520) Must Be Happy With Their 204% Total ReturnIt hasn't been the best quarter for Kindom Development Co., Ltd. ( TPE:2520 ) shareholders, since the share price has...분석 기사 • Dec 25Estimating The Intrinsic Value Of Kindom Development Co., Ltd. (TPE:2520)Does the December share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we...분석 기사 • Dec 11Is Kindom Development Co., Ltd. (TPE:2520) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...Is New 90 Day High Low • Dec 08New 90-day low: NT$32.85The company is down 21% from its price of NT$41.50 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$36.34 per share.분석 기사 • Nov 28Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 4.1%.Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.83The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$4.71b (up 59% from 3Q 2019). Net income: NT$409.1m (up 56% from 3Q 2019). Profit margin: 8.7% (down from 8.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.예정된 배당 지급오늘Jul 27 2026배당락일Aug 10 2026배당 지급일Sep 04 202625 days (배당락일 기준)다음 배당금을 받으려면 앞으로 14 days일 이내에 매수하세요지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2520 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 2520 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Kindom Development 배당 수익률 vs 시장2520의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2520)4.6%시장 하위 25% (TW)1.6%시장 상위 25% (TW)5.1%업계 평균 (Real Estate)5.6%분석가 예측 (2520) (최대 3년)n/a주목할만한 배당금: 2520 의 배당금( 4.62% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.57% )보다 높습니다.고배당: 2520 의 배당금( 4.62% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.06% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 67.5% )을 통해 2520 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 2520 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/26 16:02종가2026/07/24 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 소스Kindom Development Co., Ltd.는 8명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Changming YehBarclaysCai JihengCapital Securities CorporationAbel LeeHSBC5명의 분석가 더 보기
Declared Dividend • Jun 26Dividend of NT$1.62 announcedShareholders will receive a dividend of NT$1.62. Ex-date: 10th August 2026 Payment date: 4th September 2026 Dividend yield will be 4.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years.
Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).
분석 기사 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Declared Dividend • Jun 26Dividend of NT$1.62 announcedShareholders will receive a dividend of NT$1.62. Ex-date: 10th August 2026 Payment date: 4th September 2026 Dividend yield will be 4.8%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (67% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 26% to shift the payout ratio to a potentially unsustainable range, which is more than the 17% EPS decline seen over the last 5 years.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.52 (vs NT$0.74 in 1Q 2025)First quarter 2026 results: EPS: NT$0.52 (down from NT$0.74 in 1Q 2025). Revenue: NT$4.86b (up 2.9% from 1Q 2025). Net income: NT$308.7m (down 30% from 1Q 2025). Profit margin: 6.3% (down from 9.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Buy Or Sell Opportunity • Apr 27Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$30.10. The fair value is estimated to be NT$38.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
Buy Or Sell Opportunity • Apr 09Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 5.5% to NT$30.95. The fair value is estimated to be NT$38.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.2% over the last 3 years. Earnings per share has grown by 14%.
New Risk • Mar 14New major risk - Revenue and earnings growthEarnings have declined by 1.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 1.5% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (6.8% net profit margin).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.61 (vs NT$9.32 in FY 2024)Full year 2025 results: EPS: NT$2.61 (down from NT$9.32 in FY 2024). Revenue: NT$22.9b (down 20% from FY 2024). Net income: NT$1.56b (down 72% from FY 2024). Profit margin: 6.8% (down from 19% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 04Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 7.3% to NT$30.00. The fair value is estimated to be NT$38.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.
공고 • Mar 02Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026Kindom Development Co., Ltd., Annual General Meeting, May 27, 2026. Location: 15 floor no,169, sec.3 min ch`uan e. rd., taipei city Taiwan
Buy Or Sell Opportunity • Feb 12Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.4% to NT$31.85. The fair value is estimated to be NT$39.83, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.2% over the last 3 years. Earnings per share has grown by 23%.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$0.57 (vs NT$2.28 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.57 (down from NT$2.28 in 3Q 2024). Revenue: NT$6.13b (down 13% from 3Q 2024). Net income: NT$339.3m (down 75% from 3Q 2024). Profit margin: 5.5% (down from 19% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.42 (vs NT$4.00 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.42 (down from NT$4.00 in 2Q 2024). Revenue: NT$5.34b (down 48% from 2Q 2024). Net income: NT$247.7m (down 90% from 2Q 2024). Profit margin: 4.6% (down from 23% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 21Dividend increased to NT$3.10Dividend of NT$3.10 is 72% higher than last year. Ex-date: 5th August 2025 Payment date: 1st September 2025 Dividend yield will be 5.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공고 • May 01Kindom Development Co., Ltd. to Report Q1, 2025 Results on May 09, 2025Kindom Development Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to NT$43.20, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Real Estate industry in Taiwan. Total returns to shareholders of 48% over the past three years.
분석 기사 • Mar 31If EPS Growth Is Important To You, Kindom Development (TWSE:2520) Presents An OpportunityThe excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
공고 • Mar 12Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025Kindom Development Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,131, sec.3 huo p`ing e. rd., taipei city Taiwan
Reported Earnings • Mar 11Full year 2024 earnings released: EPS: NT$10.25 (vs NT$4.42 in FY 2023)Full year 2024 results: EPS: NT$10.25 (up from NT$4.42 in FY 2023). Revenue: NT$28.7b (up 48% from FY 2023). Net income: NT$5.55b (up 132% from FY 2023). Profit margin: 19% (up from 12% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공고 • Mar 01Kindom Development Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025Kindom Development Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025
New Risk • Dec 16New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
분석 기사 • Dec 12Kindom Development (TWSE:2520) Seems To Use Debt Rather SparinglyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Nov 24Kindom Development Co., Ltd.'s (TWSE:2520) Price Is Right But Growth Is Lacking After Shares Rocket 27%Kindom Development Co., Ltd. ( TWSE:2520 ) shareholders would be excited to see that the share price has had a great...
분석 기사 • Nov 15We Think Kindom Development's (TWSE:2520) Profit Is Only A Baseline For What They Can AchieveWhen companies post strong earnings, the stock generally performs well, just like Kindom Development Co., Ltd.'s...
Reported Earnings • Nov 12Third quarter 2024 earnings released: EPS: NT$2.51 (vs NT$1.43 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.51 (up from NT$1.43 in 3Q 2023). Revenue: NT$7.00b (up 41% from 3Q 2023). Net income: NT$1.36b (up 76% from 3Q 2023). Profit margin: 19% (up from 16% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Sep 09We Think Kindom Development (TWSE:2520) Can Manage Its Debt With EaseWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Reported Earnings • Aug 12Second quarter 2024 earnings released: EPS: NT$4.40 (vs NT$0.36 in 2Q 2023)Second quarter 2024 results: EPS: NT$4.40 (up from NT$0.36 in 2Q 2023). Revenue: NT$10.3b (up 133% from 2Q 2023). Net income: NT$2.38b (up NT$2.19b from 2Q 2023). Profit margin: 23% (up from 4.4% 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 14% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$50.60, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 58% over the past three years.
공고 • Aug 02Kindom Development Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Kindom Development Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
분석 기사 • Jul 26Kindom Development (TWSE:2520) Has Announced That It Will Be Increasing Its Dividend To NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Upcoming Dividend • Jul 25Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 29 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 37% and the cash payout ratio is 97%. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (2.5%).
Valuation Update With 7 Day Price Move • Jul 18Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$66.80, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 112% over the past three years.
분석 기사 • Jul 12Kindom Development (TWSE:2520) Will Pay A Larger Dividend Than Last Year At NT$1.80Kindom Development Co., Ltd. ( TWSE:2520 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jul 05Dividend of NT$1.80 announcedShareholders will receive a dividend of NT$1.80. Ex-date: 29th July 2024 Payment date: 23rd August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (37% earnings payout ratio) but not adequately covered by cash flows (100% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 32% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (100% cash payout ratio). Share price has been volatile over the past 3 months (6.4% average weekly change).
Reported Earnings • May 15First quarter 2024 earnings released: EPS: NT$1.39 (vs NT$0.89 in 1Q 2023)First quarter 2024 results: EPS: NT$1.39 (up from NT$0.89 in 1Q 2023). Revenue: NT$4.81b (up 7.1% from 1Q 2023). Net income: NT$752.9m (up 57% from 1Q 2023). Profit margin: 16% (up from 11% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings.
공고 • May 05Kindom Development Co., Ltd. to Report Q1, 2024 Results on May 10, 2024Kindom Development Co., Ltd. announced that they will report Q1, 2024 results on May 10, 2024
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$50.80, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 22x in the Real Estate industry in Taiwan. Total returns to shareholders of 57% over the past three years.
분석 기사 • Apr 18Kindom Development Co., Ltd.'s (TWSE:2520) Shares Bounce 27% But Its Business Still Trails The MarketThe Kindom Development Co., Ltd. ( TWSE:2520 ) share price has done very well over the last month, posting an excellent...
분석 기사 • Apr 11We Think Kindom Development (TWSE:2520) Can Stay On Top Of Its DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
공고 • Mar 14Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024Kindom Development Co., Ltd., Annual General Meeting, May 30, 2024. Location: The first floor of the company, No. 131, Section 3, Hoping East Road, Taipei City Taiwan Agenda: To discuss Business report for 2023; to discuss Audit committee's review report on the 2023 financial statements; to discuss 2023 employees' and directors' remuneration distribution report; to discuss Report on the 2023 profit and distribution of cash from capital surplus; to discuss Report on the endorsement and guarantee of the Company and its subsidiaries for the year ended December 31, 2023; and to discuss other matters.
Reported Earnings • Mar 14Full year 2023 earnings released: EPS: NT$4.42 (vs NT$4.31 in FY 2022)Full year 2023 results: EPS: NT$4.42 (up from NT$4.31 in FY 2022). Revenue: NT$19.4b (down 9.6% from FY 2022). Net income: NT$2.40b (up 2.6% from FY 2022). Profit margin: 12% (up from 11% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$1.43 (vs NT$0.60 in 3Q 2022)Third quarter 2023 results: EPS: NT$1.43 (up from NT$0.60 in 3Q 2022). Revenue: NT$4.97b (up 12% from 3Q 2022). Net income: NT$773.3m (up 138% from 3Q 2022). Profit margin: 16% (up from 7.3% in 3Q 2022). 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 increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.36 (vs NT$0.82 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.36 (down from NT$0.82 in 2Q 2022). Revenue: NT$4.44b (down 5.4% from 2Q 2022). Net income: NT$195.2m (down 56% from 2Q 2022). Profit margin: 4.4% (down from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공고 • Aug 12+ 1 more updateKindom Development Co., Ltd. Announces the Appointment of Hsiao-Chiang Yuan as Information Security Chief OfficerKindom Development Co., Ltd. announced the appointment of Hsiao-Chiang Yuan as Information Security Chief Officer. Name, title, and resume of the new position holder: Hsiao-Chiang Yuan, Assistant Vice President of IT Division of Kindom Development Co., Ltd. Effective date: August 11, 2023.
Upcoming Dividend • Jul 20Upcoming dividend of NT$1.75 per share at 5.9% yieldEligible shareholders must have bought the stock before 27 July 2023. Payment date: 23 August 2023. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.6%).
공고 • Jul 13Kindom Development Co., Ltd. Announces Cash Dividend, Payable on August 23, 2023Kindom Development Co., Ltd. announced cash dividend of TWD 969,797,675. Ex-rights (ex-dividend) trading date is July 27, 2023; Ex-rights (ex-dividend) record date is August 02, 2023; Payment date of cash dividend distribution is August 23, 2023.
Reported Earnings • Jun 02First quarter 2023 earnings released: EPS: NT$0.89 (vs NT$1.53 in 1Q 2022)First quarter 2023 results: EPS: NT$0.89 (down from NT$1.53 in 1Q 2022). Revenue: NT$4.49b (down 9.8% from 1Q 2022). Net income: NT$480.6m (down 42% from 1Q 2022). Profit margin: 11% (down from 17% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 2% per year.
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$4.31 (vs NT$6.47 in FY 2021)Full year 2022 results: EPS: NT$4.31 (down from NT$6.47 in FY 2021). Revenue: NT$21.5b (down 15% from FY 2021). Net income: NT$2.33b (down 34% from FY 2021). Profit margin: 11% (down from 14% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 21% per year.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. 3 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Aug 07Second quarter 2022 earnings released: EPS: NT$0.82 (vs NT$2.51 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.82 (down from NT$2.51 in 2Q 2021). Revenue: NT$4.69b (down 50% from 2Q 2021). Net income: NT$446.0m (down 67% from 2Q 2021). Profit margin: 9.5% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공고 • Aug 06Kindom Development Co., Ltd. Announces Management ChangesKindom Development Co., Ltd. announced Po-Chen,Fan Chiang/senior manager of audit office as Chief internal auditor in place of Lung-Chun, Hou/manager of audit office, effective date as August 5, 2022.
Upcoming Dividend • Jul 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 August 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (6.3%).
Reported Earnings • May 08First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.99 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.99 in 1Q 2021). Revenue: NT$4.98b (up 1.2% from 1Q 2021). Net income: NT$830.4m (up 55% from 1Q 2021). Profit margin: 17% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Apr 27Price target increased to NT$46.00Up from NT$41.82, the current price target is provided by 1 analyst. New target price is 33% above last closing price of NT$34.60. Stock is down 13% over the past year. The company posted earnings per share of NT$6.47 last year.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Kuo-Feng Lin was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Apr 13Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022Kindom Development Co., Ltd., Annual General Meeting, Jun 29, 2022.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$6.47 (vs NT$6.18 in FY 2020)Full year 2021 results: EPS: NT$6.47 (up from NT$6.18 in FY 2020). Revenue: NT$25.2b (down 7.9% from FY 2020). Net income: NT$3.51b (up 4.6% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 01Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.75 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$4.55b (down 3.4% from 3Q 2020). Net income: NT$555.7m (up 36% from 3Q 2020). Profit margin: 12% (up from 8.7% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$2.51 (vs NT$0.89 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$9.44b (up 83% from 2Q 2020). Net income: NT$1.36b (up 182% from 2Q 2020). Profit margin: 14% (up from 9.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.7%).
Price Target Changed • Jul 17Price target increased to NT$42.00Up from NT$35.70, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NT$41.35. Stock is up 24% over the past year.
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 10x in the Real Estate industry in Taiwan. Total returns to shareholders of 78% over the past three years.
Reported Earnings • May 08First quarter 2021 earnings released: EPS NT$1.09 (vs NT$0.61 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.92b (up 26% from 1Q 2020). Net income: NT$535.8m (up 77% from 1Q 2020). Profit margin: 11% (up from 7.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$6.80 (vs NT$2.60 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$27.3b (up 78% from FY 2019). Net income: NT$3.35b (up 161% from FY 2019). Profit margin: 12% (up from 8.4% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
분석 기사 • Mar 28Calculating The Fair Value Of Kindom Development Co., Ltd. (TPE:2520)Does the March share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we will...
분석 기사 • Mar 15Here's How We Evaluate Kindom Development Co., Ltd.'s (TPE:2520) DividendDividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Mar 03New 90-day high: NT$37.45The company is up 3.0% from its price of NT$36.40 on 03 December 2020. The Taiwanese market is up 13% 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 • Mar 02Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodaySome have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
분석 기사 • Feb 17Kindom Development Co., Ltd. (TPE:2520) Delivered A Better ROE Than Its IndustryWhile some investors are already well versed in financial metrics (hat tip), this article is for those who would like...
분석 기사 • Feb 04Kindom Development (TPE:2520) Has A Somewhat Strained Balance SheetWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
분석 기사 • Jan 22Here's What Kindom Development Co., Ltd.'s (TPE:2520) Shareholder Ownership Structure Looks LikeIf you want to know who really controls Kindom Development Co., Ltd. ( TPE:2520 ), then you'll have to look at the...
Is New 90 Day High Low • Jan 20New 90-day low: NT$32.20The company is down 18% from its price of NT$39.10 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 3.0% over the same period.
분석 기사 • Jan 07Shareholders Of Kindom Development (TPE:2520) Must Be Happy With Their 204% Total ReturnIt hasn't been the best quarter for Kindom Development Co., Ltd. ( TPE:2520 ) shareholders, since the share price has...
분석 기사 • Dec 25Estimating The Intrinsic Value Of Kindom Development Co., Ltd. (TPE:2520)Does the December share price for Kindom Development Co., Ltd. ( TPE:2520 ) reflect what it's really worth? Today, we...
분석 기사 • Dec 11Is Kindom Development Co., Ltd. (TPE:2520) The Right Choice For A Smart Dividend Investor?Dividend paying stocks like Kindom Development Co., Ltd. ( TPE:2520 ) tend to be popular with investors, and for good...
Is New 90 Day High Low • Dec 08New 90-day low: NT$32.85The company is down 21% from its price of NT$41.50 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$36.34 per share.
분석 기사 • Nov 28Here's Why I Think Kindom Development (TPE:2520) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Analyst Estimate Surprise Post Earnings • Nov 14Revenue beats expectationsRevenue exceeded analyst estimates by 4.1%.
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.83The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$4.71b (up 59% from 3Q 2019). Net income: NT$409.1m (up 56% from 3Q 2019). Profit margin: 8.7% (down from 8.8% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.