Founding Construction Development (5533) 주식 개요창립건설개발은 대만에서 임대 및 판매용 공공 주택과 상업용 건물을 개발하는 회사입니다. 자세히 보기5533 펀더멘털 분석스노우플레이크 점수가치 평가1/6미래 성장0/6과거 실적1/6재무 건전성5/6배당2/6위험 분석지난 5년간 매년 수익이 23.6% 감소했습니다.4.33%의 배당금은 수익이나 자유현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기5533 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$13.85447.4% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture05b2016201920222025202620282031Revenue NT$313.9mEarnings NT$46.5mAdvancedSet Fair ValueView all narrativesFounding Construction Development Corp. 경쟁사Sunty DevelopmentSymbol: TWSE:3266Market cap: NT$4.3bLi Ming Development ConstructionSymbol: TPEX:6212Market cap: NT$2.8bShining Building BusinessLtdSymbol: TWSE:5531Market cap: NT$7.6bKee Tai PropertiesSymbol: TWSE:2538Market cap: NT$4.2b가격 이력 및 성과Founding Construction Development 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$13.8552주 최고가NT$18.5052주 최저가NT$13.65베타0.111개월 변동-4.15%3개월 변동-3.15%1년 변동-24.52%3년 변동-29.52%5년 변동-13.71%IPO 이후 변동127.22%최근 뉴스 및 업데이트Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (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 fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.더 많은 업데이트 보기Recent updatesReported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (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 fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Declared Dividend • Jun 12Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 26th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2024). Revenue: NT$346.2m (up 41% from 1Q 2024). Net income: NT$31.6m (down 27% from 1Q 2024). Profit margin: 9.1% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.공시 • May 03Founding Construction Development Corp. to Report Q1, 2025 Results on May 12, 2025Founding Construction Development Corp. announced that they will report Q1, 2025 results on May 12, 2025Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to NT$17.45. The fair value is estimated to be NT$14.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Earnings per share has declined by 43%.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.05, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total loss to shareholders of 5.3% over the past three years.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.48 (vs NT$3.12 in FY 2023)Full year 2024 results: EPS: NT$1.48 (down from NT$3.12 in FY 2023). Revenue: NT$2.24b (down 41% from FY 2023). Net income: NT$423.0m (down 53% from FY 2023). Profit margin: 19% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025, at 09:00 Taipei Standard Time. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan공시 • Mar 11Founding Construction Development Corp. Proposes Cash Dividend for the Year Ended December 31, 2024Founding Construction Development Corp. proposed cash dividends to shareholders of TWD 1 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 285,244,944. Date of the board of directors resolution: March 10, 2025. Par value of common stock: TWD 10.공시 • Mar 01Founding Construction Development Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Founding Construction Development Corp. announced that they will report fiscal year 2024 results on Mar 10, 2025Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.89 (up from NT$0.69 in 3Q 2023). Revenue: NT$1.19b (up 36% from 3Q 2023). Net income: NT$255.0m (up 29% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Oct 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$20.05. The fair value is estimated to be NT$25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 14%.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.81 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (down from NT$0.81 in 2Q 2023). Revenue: NT$204.0m (down 81% from 2Q 2023). Net income: NT$30.7m (down 87% from 2Q 2023). Profit margin: 15% (down from 22% in 2Q 2023). The decrease in margin was driven by lower 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 10% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Aug 12Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$22.15. The fair value is estimated to be NT$18.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has grown by 3.0%.공시 • Aug 03Founding Construction Development Corp. to Report Q2, 2024 Results on Aug 12, 2024Founding Construction Development Corp. announced that they will report Q2, 2024 results on Aug 12, 2024분석 기사 • Jun 23Founding Construction Development (TWSE:5533) Has Affirmed Its Dividend Of NT$1.20The board of Founding Construction Development Corp. ( TWSE:5533 ) has announced that it will pay a dividend on the 2nd...Declared Dividend • Jun 22Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (down from NT$1.30 in 1Q 2023). Revenue: NT$245.7m (down 83% from 1Q 2023). Net income: NT$43.3m (down 88% from 1Q 2023). Profit margin: 18% (down from 26% in 1Q 2023). The decrease in margin was driven by lower 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 15% per year, which means it is tracking significantly ahead of earnings growth.공시 • May 05Founding Construction Development Corp. to Report Q1, 2024 Results on May 13, 2024Founding Construction Development Corp. announced that they will report Q1, 2024 results on May 13, 2024분석 기사 • Apr 26Investors Continue Waiting On Sidelines For Founding Construction Development Corp. (TWSE:5533)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 24x, you may consider...공시 • Mar 26Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024.분석 기사 • Mar 21Investors Can Find Comfort In Founding Construction Development's (TWSE:5533) Earnings QualityThe most recent earnings report from Founding Construction Development Corp. ( TWSE:5533 ) was disappointing for...Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.12 (vs NT$3.56 in FY 2022)Full year 2023 results: EPS: NT$3.12 (down from NT$3.56 in FY 2022). Revenue: NT$3.76b (down 22% from FY 2022). Net income: NT$889.5m (down 12% from FY 2022). Profit margin: 24% (up from 21% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.공시 • Mar 15Founding Construction Development Corp. Proposes Cash Dividends for the Year Ended December 31, 2023Founding Construction Development Corp. announced the board of directors proposed cash dividends of TWD 1.2 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders is TWD 342,293,933.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 77% over the past three years.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.68 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.68 in 3Q 2022). Revenue: NT$879.8m (up 20% from 3Q 2022). Net income: NT$197.6m (up 2.1% from 3Q 2022). Profit margin: 23% (down from 26% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.69 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (up from NT$0.69 in 2Q 2022). Revenue: NT$1.06b (down 43% from 2Q 2022). Net income: NT$232.4m (up 17% from 2Q 2022). Profit margin: 22% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of NT$1.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.2%).Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$3.56 (vs NT$3.72 in FY 2021)Full year 2022 results: EPS: NT$3.56 (down from NT$3.72 in FY 2021). Revenue: NT$4.82b (up 28% from FY 2021). Net income: NT$1.01b (down 4.4% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. 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 10% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.69 (up from NT$0.69 in 2Q 2021). Revenue: NT$1.87b (up 102% from 2Q 2021). Net income: NT$198.0m (flat on 2Q 2021). Profit margin: 11% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (5.2%).Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$2.14 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$2.14 (up from NT$0.39 in 1Q 2021). Revenue: NT$2.01b (up 187% from 1Q 2021). Net income: NT$610.6m (up 445% from 1Q 2021). Profit margin: 30% (up from 16% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.72 (up from NT$0.85 in FY 2020). Revenue: NT$3.77b (down 1.6% from FY 2020). Net income: NT$1.06b (up 337% from FY 2020). Profit margin: 28% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 65% from 3Q 2020). Net income: NT$109.0m (up 165% from 3Q 2020). Profit margin: 11% (up from 6.7% in 3Q 2020). The increase in margin was driven by higher 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 5% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.34 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$922.4m (down 35% from 2Q 2020). Net income: NT$196.4m (up 100% from 2Q 2020). Profit margin: 21% (up from 6.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Jun 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 09 July 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.0%).Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.11 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$701.6m (up 188% from 1Q 2020). Net income: NT$112.1m (up NT$142.4m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.분석 기사 • Apr 20Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...분석 기사 • Mar 19If You Had Bought Founding Construction & Development (TPE:5533) Stock A Year Ago, You Could Pocket A 20% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...공시 • Mar 19Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021.Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$0.85 (vs NT$0.33 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.83b (up 135% from FY 2019). Net income: NT$242.8m (up 157% from FY 2019). Profit margin: 6.3% (up from 5.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Mar 09New 90-day high: NT$16.55The company is up 3.0% from its price of NT$16.00 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 3.0% over the same period.분석 기사 • Feb 15Should You Buy Founding Construction & Development Co., Ltd. (TPE:5533) For Its Dividend?Today we'll take a closer look at Founding Construction & Development Co., Ltd. ( TPE:5533 ) from a dividend investor's...분석 기사 • Jan 11These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.14The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$612.7m (up 61% from 3Q 2019). Net income: NT$41.1m (up 151% from 3Q 2019). Profit margin: 6.7% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Oct 19New 90-day high: NT$16.50The company is up 3.0% from its price of NT$15.95 on 21 July 2020. The Taiwanese market is up 4.0% 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.주주 수익률5533TW Real EstateTW 시장7D-0.7%-1.1%-3.5%1Y-24.5%-21.1%83.0%전체 주주 수익률 보기수익률 대 산업: 5533은 지난 1년 동안 -21.1%의 수익을 기록한 TW Real Estate 산업보다 저조한 성과를 냈습니다.수익률 대 시장: 5533은 지난 1년 동안 83%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5533's price volatile compared to industry and market?5533 volatility5533 Average Weekly Movement1.6%Real Estate Industry Average Movement3.4%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%안정적인 주가: 5533는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5533의 주간 변동성(2%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1991n/aLo-Fang Tsaowww.founding.com.tw창립 건설 개발은 대만에서 임대 및 판매용 공공 주택 및 상업용 건물을 개발하는 회사입니다. 이 회사는 건축, 건설, 호텔 부문을 통해 운영됩니다. 또한 건축 자재 및 기계 거래, 실내 장식 설계 및 시공 등에도 관여하고 있습니다.더 보기Founding Construction Development Corp. 기초 지표 요약Founding Construction Development의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5533 기초 통계시가총액NT$3.95b순이익 (TTM)NT$171.83m매출 (TTM)NT$1.16b23.0x주가수익비율(P/E)3.4x주가매출비율(P/S)5533는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5533 손익계산서 (TTM)매출NT$1.16b매출원가NT$821.06m총이익NT$339.66m기타 비용NT$167.83m순이익NT$171.83m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.60총이익률29.26%순이익률14.80%부채/자본 비율15.6%5533의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당4.3%현재 배당 수익률100%배당 성향View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 13:11종가2026/05/21 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 소스Founding Construction Development Corp.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Frank LinKGI Securities Co. Ltd.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (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 fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 13First quarter 2026 earnings released: EPS: NT$0.16 (vs NT$0.11 in 1Q 2025)First quarter 2026 results: EPS: NT$0.16 (up from NT$0.11 in 1Q 2025). Revenue: NT$342.4m (down 1.1% from 1Q 2025). Net income: NT$45.0m (up 42% from 1Q 2025). Profit margin: 13% (up from 9.1% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$0.56 (vs NT$1.48 in FY 2024)Full year 2025 results: EPS: NT$0.56 (down from NT$1.48 in FY 2024). Revenue: NT$1.16b (down 48% from FY 2024). Net income: NT$158.5m (down 63% from FY 2024). Profit margin: 14% (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 fallen by 46% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026Founding Construction Development Corp., Annual General Meeting, Jun 23, 2026. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.89 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.06 (down from NT$0.89 in 3Q 2024). Revenue: NT$206.0m (down 83% from 3Q 2024). Net income: NT$18.3m (down 93% from 3Q 2024). Profit margin: 8.9% (down from 21% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
New Risk • Nov 12New major risk - Revenue and earnings growthEarnings have declined by 3.5% 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 3.5% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 15Second quarter 2025 earnings released: EPS: NT$0.25 (vs NT$0.11 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.25 (up from NT$0.11 in 2Q 2024). Revenue: NT$376.5m (up 85% from 2Q 2024). Net income: NT$70.2m (up 129% from 2Q 2024). Profit margin: 19% (up from 15% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Declared Dividend • Jun 12Dividend reduced to NT$1.00Dividend of NT$1.00 is 17% lower than last year. Ex-date: 26th June 2025 Payment date: 23rd July 2025 Dividend yield will be 5.6%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (20% cash payout ratio). The dividend has increased by an average of 6.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 70% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.15 in 1Q 2024)First quarter 2025 results: EPS: NT$0.11 (down from NT$0.15 in 1Q 2024). Revenue: NT$346.2m (up 41% from 1Q 2024). Net income: NT$31.6m (down 27% from 1Q 2024). Profit margin: 9.1% (down from 18% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
공시 • May 03Founding Construction Development Corp. to Report Q1, 2025 Results on May 12, 2025Founding Construction Development Corp. announced that they will report Q1, 2025 results on May 12, 2025
Buy Or Sell Opportunity • Apr 15Now 21% overvaluedOver the last 90 days, the stock has fallen 9.6% to NT$17.45. The fair value is estimated to be NT$14.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Earnings per share has declined by 43%.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$16.05, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 12x in the Real Estate industry in Taiwan. Total loss to shareholders of 5.3% over the past three years.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.48 (vs NT$3.12 in FY 2023)Full year 2024 results: EPS: NT$1.48 (down from NT$3.12 in FY 2023). Revenue: NT$2.24b (down 41% from FY 2023). Net income: NT$423.0m (down 53% from FY 2023). Profit margin: 19% (down from 24% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Mar 12Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025Founding Construction Development Corp., Annual General Meeting, Jun 10, 2025, at 09:00 Taipei Standard Time. Location: no,152, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
공시 • Mar 11Founding Construction Development Corp. Proposes Cash Dividend for the Year Ended December 31, 2024Founding Construction Development Corp. proposed cash dividends to shareholders of TWD 1 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders: TWD 285,244,944. Date of the board of directors resolution: March 10, 2025. Par value of common stock: TWD 10.
공시 • Mar 01Founding Construction Development Corp. to Report Fiscal Year 2024 Results on Mar 10, 2025Founding Construction Development Corp. announced that they will report fiscal year 2024 results on Mar 10, 2025
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.89 (vs NT$0.69 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.89 (up from NT$0.69 in 3Q 2023). Revenue: NT$1.19b (up 36% from 3Q 2023). Net income: NT$255.0m (up 29% from 3Q 2023). Profit margin: 21% (down from 23% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Oct 22Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 15% to NT$20.05. The fair value is estimated to be NT$25.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 17% over the last 3 years. Earnings per share has declined by 14%.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.81 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.11 (down from NT$0.81 in 2Q 2023). Revenue: NT$204.0m (down 81% from 2Q 2023). Net income: NT$30.7m (down 87% from 2Q 2023). Profit margin: 15% (down from 22% in 2Q 2023). The decrease in margin was driven by lower 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 10% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Aug 12Now 21% overvaluedOver the last 90 days, the stock has fallen 10% to NT$22.15. The fair value is estimated to be NT$18.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.8% over the last 3 years. Earnings per share has grown by 3.0%.
공시 • Aug 03Founding Construction Development Corp. to Report Q2, 2024 Results on Aug 12, 2024Founding Construction Development Corp. announced that they will report Q2, 2024 results on Aug 12, 2024
분석 기사 • Jun 23Founding Construction Development (TWSE:5533) Has Affirmed Its Dividend Of NT$1.20The board of Founding Construction Development Corp. ( TWSE:5533 ) has announced that it will pay a dividend on the 2nd...
Declared Dividend • Jun 22Dividend of NT$1.20 announcedDividend of NT$1.20 is the same as last year. Ex-date: 8th July 2024 Payment date: 2nd August 2024 Dividend yield will be 5.0%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (67% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 26% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Jun 05New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 34% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$1.30 in 1Q 2023)First quarter 2024 results: EPS: NT$0.15 (down from NT$1.30 in 1Q 2023). Revenue: NT$245.7m (down 83% from 1Q 2023). Net income: NT$43.3m (down 88% from 1Q 2023). Profit margin: 18% (down from 26% in 1Q 2023). The decrease in margin was driven by lower 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 15% per year, which means it is tracking significantly ahead of earnings growth.
공시 • May 05Founding Construction Development Corp. to Report Q1, 2024 Results on May 13, 2024Founding Construction Development Corp. announced that they will report Q1, 2024 results on May 13, 2024
분석 기사 • Apr 26Investors Continue Waiting On Sidelines For Founding Construction Development Corp. (TWSE:5533)When close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 24x, you may consider...
공시 • Mar 26Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024Founding Construction Development Corp., Annual General Meeting, Jun 20, 2024.
분석 기사 • Mar 21Investors Can Find Comfort In Founding Construction Development's (TWSE:5533) Earnings QualityThe most recent earnings report from Founding Construction Development Corp. ( TWSE:5533 ) was disappointing for...
Reported Earnings • Mar 16Full year 2023 earnings released: EPS: NT$3.12 (vs NT$3.56 in FY 2022)Full year 2023 results: EPS: NT$3.12 (down from NT$3.56 in FY 2022). Revenue: NT$3.76b (down 22% from FY 2022). Net income: NT$889.5m (down 12% from FY 2022). Profit margin: 24% (up from 21% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
공시 • Mar 15Founding Construction Development Corp. Proposes Cash Dividends for the Year Ended December 31, 2023Founding Construction Development Corp. announced the board of directors proposed cash dividends of TWD 1.2 per share for the year ended December 31, 2023. Total amount of cash distributed to shareholders is TWD 342,293,933.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$24.30, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 17x in the Real Estate industry in Taiwan. Total returns to shareholders of 77% over the past three years.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.68 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.68 in 3Q 2022). Revenue: NT$879.8m (up 20% from 3Q 2022). Net income: NT$197.6m (up 2.1% from 3Q 2022). Profit margin: 23% (down from 26% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2023 earnings released: EPS: NT$0.81 (vs NT$0.69 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.81 (up from NT$0.69 in 2Q 2022). Revenue: NT$1.06b (down 43% from 2Q 2022). Net income: NT$232.4m (up 17% from 2Q 2022). Profit margin: 22% (up from 11% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of NT$1.20 per share at 6.1% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 28 July 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (5.2%).
Reported Earnings • Mar 16Full year 2022 earnings released: EPS: NT$3.56 (vs NT$3.72 in FY 2021)Full year 2022 results: EPS: NT$3.56 (down from NT$3.72 in FY 2021). Revenue: NT$4.82b (up 28% from FY 2021). Net income: NT$1.01b (down 4.4% from FY 2021). Profit margin: 21% (down from 28% in FY 2021). The decrease in margin was driven by higher expenses. 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 10% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. No experienced directors. 8 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$0.38 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.68 (up from NT$0.38 in 3Q 2021). Revenue: NT$735.1m (down 27% from 3Q 2021). Net income: NT$193.5m (up 78% from 3Q 2021). Profit margin: 26% (up from 11% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2022 earnings released: EPS: NT$0.69 (vs NT$0.69 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.69 (up from NT$0.69 in 2Q 2021). Revenue: NT$1.87b (up 102% from 2Q 2021). Net income: NT$198.0m (flat on 2Q 2021). Profit margin: 11% (down from 21% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 02Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 09 June 2022. Payment date: 01 July 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (6.0%). In line with average of industry peers (5.2%).
Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$2.14 (vs NT$0.39 in 1Q 2021)First quarter 2022 results: EPS: NT$2.14 (up from NT$0.39 in 1Q 2021). Revenue: NT$2.01b (up 187% from 1Q 2021). Net income: NT$610.6m (up 445% from 1Q 2021). Profit margin: 30% (up from 16% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 1 experienced director. 7 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Lung-Ping Hung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$3.72 (up from NT$0.85 in FY 2020). Revenue: NT$3.77b (down 1.6% from FY 2020). Net income: NT$1.06b (up 337% from FY 2020). Profit margin: 28% (up from 6.3% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.38 (vs NT$0.14 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.01b (up 65% from 3Q 2020). Net income: NT$109.0m (up 165% from 3Q 2020). Profit margin: 11% (up from 6.7% in 3Q 2020). The increase in margin was driven by higher 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 5% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.69 (vs NT$0.34 in 2Q 2020)The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$922.4m (down 35% from 2Q 2020). Net income: NT$196.4m (up 100% from 2Q 2020). Profit margin: 21% (up from 6.9% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Jun 04Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 11 June 2021. Payment date: 09 July 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (5.0%).
Reported Earnings • May 14First quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.11 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$701.6m (up 188% from 1Q 2020). Net income: NT$112.1m (up NT$142.4m from 1Q 2020). Profit margin: 16% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
분석 기사 • Apr 20Here's Why Founding Construction & Development (TPE:5533) Has A Meaningful Debt BurdenThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
분석 기사 • Mar 19If You Had Bought Founding Construction & Development (TPE:5533) Stock A Year Ago, You Could Pocket A 20% Gain TodayWe believe investing is smart because history shows that stock markets go higher in the long term. But if you choose...
공시 • Mar 19Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021Founding Construction & Development Co., Ltd., Annual General Meeting, Jun 10, 2021.
Reported Earnings • Mar 18Full year 2020 earnings released: EPS NT$0.85 (vs NT$0.33 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$3.83b (up 135% from FY 2019). Net income: NT$242.8m (up 157% from FY 2019). Profit margin: 6.3% (up from 5.8% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Mar 09New 90-day high: NT$16.55The company is up 3.0% from its price of NT$16.00 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 3.0% over the same period.
분석 기사 • Feb 15Should You Buy Founding Construction & Development Co., Ltd. (TPE:5533) For Its Dividend?Today we'll take a closer look at Founding Construction & Development Co., Ltd. ( TPE:5533 ) from a dividend investor's...
분석 기사 • Jan 11These 4 Measures Indicate That Founding Construction & Development (TPE:5533) Is Using Debt ExtensivelyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.14The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$612.7m (up 61% from 3Q 2019). Net income: NT$41.1m (up 151% from 3Q 2019). Profit margin: 6.7% (up from 4.3% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Oct 19New 90-day high: NT$16.50The company is up 3.0% from its price of NT$15.95 on 21 July 2020. The Taiwanese market is up 4.0% 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.
