View ValuationSinyi Realty 향후 성장Future 기준 점검 0/6Sinyi Realty의 수익이 증가할 것으로 예상됨입니다.핵심 정보n/a이익 성장률n/aEPS 성장률Real Estate 이익 성장15.7%매출 성장률10.0%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트04 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updatesUpcoming Dividend • Jun 03Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 09 June 2026. Payment date: 09 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (5.8%).Declared Dividend • May 20Dividend reduced to NT$0.60Dividend of NT$0.60 is 67% lower than last year. Ex-date: 9th June 2026 Payment date: 9th July 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (162% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 80% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.22 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.22 (up from NT$0.12 in 1Q 2025). Revenue: NT$2.88b (up 30% from 1Q 2025). Net income: NT$159.6m (up 76% from 1Q 2025). Profit margin: 5.5% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.5% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 22%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.28 (vs NT$2.42 in FY 2024)Full year 2025 results: EPS: NT$0.28 (down from NT$2.42 in FY 2024). Revenue: NT$11.5b (down 10% from FY 2024). Net income: NT$204.6m (down 89% from FY 2024). Profit margin: 1.8% (down from 14% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 50% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 24% 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.공시 • Mar 02Sinyi Realty Inc., Annual General Meeting, May 18, 2026Sinyi Realty Inc., Annual General Meeting, May 18, 2026, at 09:30 Taipei Standard Time. Location: no,187, chin hua st., da-an district, taipei city TaiwanReported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.55 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.12 (down from NT$0.55 in 3Q 2024). Revenue: NT$2.30b (down 22% from 3Q 2024). Net income: NT$86.7m (down 79% from 3Q 2024). Profit margin: 3.8% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 61% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 469% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 2.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 224% Dividend per share is over 15x cash flows per share. Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).Reported Earnings • Jul 30Second quarter 2025 earnings released: NT$0.17 loss per share (vs NT$0.92 profit in 2Q 2024)Second quarter 2025 results: NT$0.17 loss per share (down from NT$0.92 profit in 2Q 2024). Revenue: NT$2.29b (down 47% from 2Q 2024). Net loss: NT$122.6m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 60% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.Upcoming Dividend • Jun 06Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).Declared Dividend • May 23Dividend increased to NT$1.80Dividend of NT$1.80 is 13% higher than last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (160% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.1% to bring the payout ratio under control, which is less than the 10% EPS growth achieved over the last 5 years.공시 • May 22Sinyi Realty Inc. Elects Lin, Wen-Jeng and Chen, Shu-Chuan as Independent DirectorSinyi Realty Inc. at its AGM held on May 21, 2025, elected Directors of the 15th term Board of Directors are: Independent director: Lin, Wen-Jeng; Independent director: Chen, Shu-Chuan.New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 160% Dividend yield: 6.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.62 in 1Q 2024). Revenue: NT$2.21b (down 30% from 1Q 2024). Net income: NT$90.7m (down 80% from 1Q 2024). Profit margin: 4.1% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.공시 • Apr 19Sinyi Realty Inc. to Report Q1, 2025 Results on Apr 28, 2025Sinyi Realty Inc. announced that they will report Q1, 2025 results on Apr 28, 2025Reported Earnings • Mar 01Full year 2024 earnings released: EPS: NT$2.42 (vs NT$2.39 in FY 2023)Full year 2024 results: EPS: NT$2.42 (up from NT$2.39 in FY 2023). Revenue: NT$12.8b (down 10.0% from FY 2023). Net income: NT$1.78b (up 1.3% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.공시 • Feb 27Sinyi Realty Inc., Annual General Meeting, May 21, 2025Sinyi Realty Inc., Annual General Meeting, May 21, 2025. Location: no,187, chin hua st., da-an district, taipei city Taiwan공시 • Feb 19Sinyi Realty Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025Sinyi Realty Inc. announced that they will report fiscal year 2024 results on Feb 26, 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.Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.55 (up from NT$0.47 in 3Q 2023). Revenue: NT$2.96b (down 1.4% from 3Q 2023). Net income: NT$405.4m (up 18% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.공시 • Oct 19Sinyi Realty Inc. to Report Q3, 2024 Results on Oct 28, 2024Sinyi Realty Inc. announced that they will report Q3, 2024 results on Oct 28, 2024Buy Or Sell Opportunity • Aug 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$32.90. The fair value is estimated to be NT$41.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to NT$31.80. The fair value is estimated to be NT$42.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.69 in 2Q 2023). Revenue: NT$4.29b (up 23% from 2Q 2023). Net income: NT$678.5m (up 33% from 2Q 2023). Profit margin: 16% (up from 15% 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 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • Jul 23Sinyi Realty Inc. to Report Q2, 2024 Results on Jul 30, 2024Sinyi Realty Inc. announced that they will report Q2, 2024 results on Jul 30, 2024분석 기사 • May 29Sinyi Realty's (TWSE:9940) Upcoming Dividend Will Be Larger Than Last Year'sSinyi Realty Inc.'s ( TWSE:9940 ) dividend will be increasing from last year's payment of the same period to NT$1.60 on...Declared Dividend • May 24Dividend of NT$1.60 announcedShareholders will receive a dividend of NT$1.60. Ex-date: 7th June 2024 Payment date: 5th July 2024 Dividend yield will be 4.9%, 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 (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.68 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (down from NT$0.68 in 1Q 2023). Revenue: NT$3.14b (down 27% from 1Q 2023). Net income: NT$458.9m (down 8.4% from 1Q 2023). Profit margin: 15% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. 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 2% per year, which means it is well ahead of earnings.Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$2.39 (vs NT$1.66 in FY 2022)Full year 2023 results: EPS: NT$2.39 (up from NT$1.66 in FY 2022). Revenue: NT$14.2b (up 3.5% from FY 2022). Net income: NT$1.76b (up 44% from FY 2022). Profit margin: 12% (up from 8.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.공시 • Feb 27Sinyi Realty Inc., Annual General Meeting, May 22, 2024Sinyi Realty Inc., Annual General Meeting, May 22, 2024, at 09:30 Taipei Standard Time. Location: Center for Public and Business Administration Education, No.187, Jinhua St., Daan District, Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Proposal of the proportion of employee compensation and directors remuneration for the year ended December 31, 2023; to consider Report on Audit Committee's review of 2023 business report, financial statements of 2023 and proposal for 2023 earnings distribution; to consider Report on Audit Committee's communications with the chief internal auditor; to consider Report on the implementation of Sustainability Development Plans; to consider Report on operation of the Board of Directors and Functional Committees for 2023; to consider Report on 2023 Annual Director's Remuneration; to consider Report on 2023 related-party transactions which are not related to the Company's operating activities; and to consider other matters.Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.46 (up from NT$0.27 in 3Q 2022). Revenue: NT$3.00b (flat on 3Q 2022). Net income: NT$342.5m (up 73% from 3Q 2022). Profit margin: 11% (up from 6.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Oct 29+ 1 more updateSinyi Realty Inc. Appoints Chou, Ken-Yu as ChairpersonSinyi Realty Inc. appointed Chou, Ken-Yu as chairperson. Effective date of the new appointment is October 27, 2023.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.69 (up from NT$0.42 in 2Q 2022). Revenue: NT$3.48b (up 6.0% from 2Q 2022). Net income: NT$510.4m (up 63% from 2Q 2022). Profit margin: 15% (up from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • May 30Upcoming dividend of NT$1.20 per share at 4.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.4%).공시 • May 19Sinyi Realty Inc. Approves Cash Dividends for 2022, Payable on July 6, 2023Sinyi Realty Inc. announced shareholders' meeting approved distribution of cash dividends for 2022 was TWD 884,215,800 or TWD 1.2 per share. EX-rights (ex-dividend) trading date is June 6, 2023. Ex-rights (ex-dividend) record date is June 12, 2023. Payment date of cash dividend distribution on July 6, 2023.Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.65 in 1Q 2022)First quarter 2023 results: EPS: NT$0.68 (up from NT$0.65 in 1Q 2022). Revenue: NT$4.33b (up 14% from 1Q 2022). Net income: NT$501.1m (up 4.9% from 1Q 2022). Profit margin: 12% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 23Full year 2022 earnings released: EPS: NT$1.66 (vs NT$3.19 in FY 2021)Full year 2022 results: EPS: NT$1.66 (down from NT$3.19 in FY 2021). Revenue: NT$13.7b (down 27% from FY 2021). Net income: NT$1.22b (down 48% from FY 2021). Profit margin: 8.9% (down from 13% 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.98 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (down from NT$0.98 in 3Q 2021). Revenue: NT$2.97b (down 45% from 3Q 2021). Net income: NT$198.5m (down 73% from 3Q 2021). Profit margin: 6.7% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.공시 • Sep 28Sinyi Realty Inc. Appoints Chou, Ken-Yu as Vice Chairperson of the Board of DirectorsSinyi Realty Inc. announced that at the board meeting held on September 27, 2022 approved the appointment of Chou, Ken-yu as vice chairperson of the Board of Directors. Effective date of the new appointment is September 27, 2022.공시 • Jul 27Sinyi Realty Inc. Announces Management ChangesSinyi Realty Inc. announced the change to the principal accounting officer of the company. Date of occurrence of the change is July 26, 2022. Name, title, and resume of the previous position holder: Lin Chiu-Chin Senior Manager of Accounting Department. Name, title, and resume of the new position holder: Wu Hsiao Chen Senior Manager of Accounting Department. Type of the change: position adjustment. Reason for the change: position adjustment. Effective date is July 26, 2022.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$0.67 in 2Q 2021). Revenue: NT$3.28b (down 20% from 2Q 2021). Net income: NT$313.5m (down 36% from 2Q 2021). Profit margin: 9.5% (down from 12% 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 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.공시 • Jun 22Sinyi Realty Inc. Announces CFO ChangesSinyi Realty Inc. at its Board of Directors on the 21 June 2022 approved CFO Changes. Name, title, and resume of the previous position holder: Wang, Jun-Yen, Vice General Manager of the Company. Name, title, and resume of the new position holder: Chen, Chih-Huan, the senior manager of Finance Department. Reason for the change: New replacement. Effective date is 21 June 2022.공시 • Jun 07Sinyi Realty Inc. Announces Executive ChangesSinyi Realty Inc. announced name of previous position holder Chueh, Chien-Ping, Chairperson. Resume of the previous position holder: Chairperson:Chueh, Chien-Ping, the Company's Chairperson. Reason for the change: term expired. Effective date of the new appointment is May 19, 2022. Any other matters that need to be specified:Mr. Liu, Yuan-chih was appointed to be the representative of Sinyi Co. Ltd. to execute its Chairperson's duty.공시 • Jun 01Sinyi Realty Inc. Announces the Resignation of Wang, Jun-Yen as Chief Financial OfficerSinyi Realty Inc. announced the resignation of Wang, Jun-Yen as Chief Financial Officer of the company with effect from May 31, 2022.Upcoming Dividend • Jun 01Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 07 July 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 8.0%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.2%).공시 • May 20+ 1 more updateSinyi Realty Inc. Approves Change of ChairpersonSinyi Realty Inc. approved the appointment of Liu, Yuan-chih as chairperson of the 14th term Board of Directors, in place of Chueh, Chien-Ping, effective from May 19, 2022.Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.65 (up from NT$0.62 in 1Q 2021). Revenue: NT$3.78b (up 4.4% from 1Q 2021). Net income: NT$477.7m (up 3.8% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공시 • Feb 28Sinyi Realty Inc., Annual General Meeting, May 19, 2022Sinyi Realty Inc., Annual General Meeting, May 19, 2022, at 09:30 Taipei Standard Time. Location: NTUH International Convention Center No.2 XuZhou Road Taipei Taiwan Agenda: To consider report on the Business of 2020; to consider report on the Profit Sharing to the Company's Employees and Directors' Compensation of 2020; to consider report on Audit Committee's Review of the Business Report, Financial Statements and Earnings Distribution Proposal of 2020; to consider report on Audit Committee's Communication with the Internal Control Officer; to consider report on Concrete Promotion Plans for Corporate Social Responsibility Programs; to consider report on Amendments to the Company's "Ethical Corporate Management Best Practice Principles"; dn to discuss other matters.Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.19 (up from NT$2.11 in FY 2020). Revenue: NT$13.3b (up 1.8% from FY 2020). Net income: NT$2.35b (up 51% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. 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 3% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.98 (vs NT$0.76 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.37b (up 47% from 3Q 2020). Net income: NT$725.4m (up 30% from 3Q 2020). Profit margin: 14% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% 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 03Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 07 July 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (5.1%).공시 • May 25Sinyi Realty Inc. Announces Cash Dividend for the Year 2020, Payable on July 7, 2021Sinyi Realty Inc. announced Cash dividend of TWD 1.7 per share for 2020. Record date is June 16, 2021, Ex-rights (ex-dividend) trading date is June 10, 2021 and cash dividend is paid on July 7, 2021.Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.62b (up 66% from 1Q 2020). Net income: NT$460.0m (up NT$421.4m from 1Q 2020). Profit margin: 13% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.Is New 90 Day High Low • Mar 03New 90-day high: NT$30.05The company is up 1.0% from its price of NT$29.85 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.Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.11 (vs NT$1.71 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$11.0b (down 11% from FY 2019). Net income: NT$1.55b (up 23% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.공시 • Feb 26Sinyi Realty Inc., Annual General Meeting, May 21, 2021Sinyi Realty Inc., Annual General Meeting, May 21, 2021. Location: NTUH International Convention Center Taipei Taiwan Agenda: To consider the 2020 Business Report; to consider proposal of the proportion of employee compensation and directors compensation for the year ended December 31, 2020; to consider report on Audit Committee's review of 2020 business report, financial statements of 2020 and proposal for 2020 earnings distribution; to consider report on Audit Committee's communications with the chief internal auditor; to consider report on concrete promotion plans for corporate social responsibility programs; and to consider other matters.Is New 90 Day High Low • Jan 20New 90-day low: NT$28.00The company is down 2.0% from its price of NT$28.50 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 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Is New 90 Day High Low • Nov 30New 90-day high: NT$30.60The company is up 3.0% from its price of NT$29.60 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period.분석 기사 • Nov 26Shareholders Of Sinyi Realty (TPE:9940) Must Be Happy With Their 53% ReturnThe main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$1.20b, down 35% from the prior year. Total revenue was NT$12.1b over the last 12 months, down 18% from the prior year.이익 및 매출 성장 예측TWSE:9940 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202817,379N/A-4661,080112/31/202711,573N/A-3,7111,069112/31/202614,499N/A-384,71713/31/202612,1212731,4852,553N/A12/31/202511,4572059021,739N/A9/30/20259,208296-933-176N/A6/30/20259,862615108731N/A3/31/202511,8551,4168311,348N/A12/31/202412,7821,7841,5182,000N/A9/30/202413,7801,9502,2562,666N/A6/30/202413,8221,8872,2302,571N/A3/31/202413,0171,7192,0772,382N/A12/31/202314,2051,7613,0563,297N/A9/30/202314,4931,5883,4103,622N/A6/30/202314,4681,4442,4002,582N/A3/31/202314,2701,2471,1441,308N/A12/31/202213,7241,223-609-458N/A9/30/202215,7391,664744889N/A6/30/202218,1342,1903,1873,329N/A3/31/202218,9512,3685,8886,035N/A12/31/202118,7922,3506,8827,032N/A9/30/202117,2142,2906,3156,441N/A6/30/202115,4912,1225,6025,734N/A3/31/202114,4951,9744,1434,279N/A12/31/202013,0611,5523,3953,554N/A9/30/202012,0731,1951,8171,976N/A6/30/202011,2728201,2001,358N/A3/31/202011,489879278427N/A12/31/201912,4381,263N/A5,822N/A9/30/201914,6951,834N/A7,058N/A6/30/201914,2761,852N/A6,079N/A3/31/201913,5771,724N/A7,537N/A12/31/201812,9031,505N/A1,965N/A9/30/201810,8081,210N/A-2,310N/A6/30/201813,6192,041N/A-5,735N/A3/31/201818,5242,938N/A-6,832N/A12/31/201717,8072,803N/A-6,314N/A9/30/201716,4502,842N/A-2,260N/A6/30/201713,2222,012N/A1,353N/A3/31/20177,7851,054N/A2,045N/A12/31/20167,589920N/A2,988N/A9/30/20167,526478N/A3,366N/A6/30/20167,203387N/A3,380N/A3/31/20167,263417N/A3,033N/A12/31/20157,523564N/A1,648N/A9/30/20157,865834N/A145N/A6/30/20158,203850N/A-80N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 9940 의 예상 수익 증가율이 절약률(1.3%)보다 높은지 판단하기에는 데이터가 부족합니다.수익 vs 시장: 9940 의 수익이 TW 시장보다 빠르게 성장할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.고성장 수익: 9940 의 수익이 향후 3년 동안 상당히 증가할 것으로 예상되는지 판단하기에는 데이터가 부족합니다.수익 대 시장: 9940 의 수익(연간 10%)이 TW 시장(연간 18.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 9940 의 수익(연간 10%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 9940의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YReal-estate-management-and-development 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/05 11:21종가2026/06/05 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 소스Sinyi Realty Inc.는 5명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Frank LinKGI Securities Co. Ltd.David LiaoMacquarie ResearchMandy HsiehSinoPac Securities Investment Service2명의 분석가 더 보기
Upcoming Dividend • Jun 03Upcoming dividend of NT$0.60 per shareEligible shareholders must have bought the stock before 09 June 2026. Payment date: 09 July 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (5.8%).
Declared Dividend • May 20Dividend reduced to NT$0.60Dividend of NT$0.60 is 67% lower than last year. Ex-date: 9th June 2026 Payment date: 9th July 2026 Dividend yield will be 3.2%, which is lower than the industry average of 3.7%. Sustainability & Growth Dividend is not covered by earnings (162% earnings payout ratio). However, it is well covered by cash flows (30% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 80% to bring the payout ratio under control. However, EPS has declined by 33% over the last 5 years so the company would need to reverse this trend.
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.22 (vs NT$0.12 in 1Q 2025)First quarter 2026 results: EPS: NT$0.22 (up from NT$0.12 in 1Q 2025). Revenue: NT$2.88b (up 30% from 1Q 2025). Net income: NT$159.6m (up 76% from 1Q 2025). Profit margin: 5.5% (up from 4.1% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 3.5% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Taiwan are expected to grow by 22%. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.28 (vs NT$2.42 in FY 2024)Full year 2025 results: EPS: NT$0.28 (down from NT$2.42 in FY 2024). Revenue: NT$11.5b (down 10% from FY 2024). Net income: NT$204.6m (down 89% from FY 2024). Profit margin: 1.8% (down from 14% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 50% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 24% 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.
공시 • Mar 02Sinyi Realty Inc., Annual General Meeting, May 18, 2026Sinyi Realty Inc., Annual General Meeting, May 18, 2026, at 09:30 Taipei Standard Time. Location: no,187, chin hua st., da-an district, taipei city Taiwan
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.55 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.12 (down from NT$0.55 in 3Q 2024). Revenue: NT$2.30b (down 22% from 3Q 2024). Net income: NT$86.7m (down 79% from 3Q 2024). Profit margin: 3.8% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 61% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 13% 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.
New Risk • Oct 31New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 469% Paying a dividend despite having no free cash flows. Earnings have declined by 10% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (3.2% net profit margin).
New Risk • Jul 30New major risk - Revenue and earnings growthEarnings have declined by 2.9% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 224% Dividend per share is over 15x cash flows per share. Earnings have declined by 2.9% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (6.2% net profit margin).
Reported Earnings • Jul 30Second quarter 2025 earnings released: NT$0.17 loss per share (vs NT$0.92 profit in 2Q 2024)Second quarter 2025 results: NT$0.17 loss per share (down from NT$0.92 profit in 2Q 2024). Revenue: NT$2.29b (down 47% from 2Q 2024). Net loss: NT$122.6m (down 118% from profit in 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 60% growth forecast for the Real Estate industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 5% per year.
Upcoming Dividend • Jun 06Upcoming dividend of NT$1.80 per shareEligible shareholders must have bought the stock before 10 June 2025. Payment date: 09 July 2025. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).
Declared Dividend • May 23Dividend increased to NT$1.80Dividend of NT$1.80 is 13% higher than last year. Ex-date: 10th June 2025 Payment date: 9th July 2025 Dividend yield will be 6.4%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is not adequately covered by earnings (94% earnings payout ratio) nor is it covered by cash flows (160% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 4.1% to bring the payout ratio under control, which is less than the 10% EPS growth achieved over the last 5 years.
공시 • May 22Sinyi Realty Inc. Elects Lin, Wen-Jeng and Chen, Shu-Chuan as Independent DirectorSinyi Realty Inc. at its AGM held on May 21, 2025, elected Directors of the 15th term Board of Directors are: Independent director: Lin, Wen-Jeng; Independent director: Chen, Shu-Chuan.
New Risk • Apr 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 94% Cash payout ratio: 160% Dividend yield: 6.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: NT$0.12 (vs NT$0.62 in 1Q 2024)First quarter 2025 results: EPS: NT$0.12 (down from NT$0.62 in 1Q 2024). Revenue: NT$2.21b (down 30% from 1Q 2024). Net income: NT$90.7m (down 80% from 1Q 2024). Profit margin: 4.1% (down from 15% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the Real Estate industry in Asia. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 7% per year.
공시 • Apr 19Sinyi Realty Inc. to Report Q1, 2025 Results on Apr 28, 2025Sinyi Realty Inc. announced that they will report Q1, 2025 results on Apr 28, 2025
Reported Earnings • Mar 01Full year 2024 earnings released: EPS: NT$2.42 (vs NT$2.39 in FY 2023)Full year 2024 results: EPS: NT$2.42 (up from NT$2.39 in FY 2023). Revenue: NT$12.8b (down 10.0% from FY 2023). Net income: NT$1.78b (up 1.3% from FY 2023). Profit margin: 14% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
공시 • Feb 27Sinyi Realty Inc., Annual General Meeting, May 21, 2025Sinyi Realty Inc., Annual General Meeting, May 21, 2025. Location: no,187, chin hua st., da-an district, taipei city Taiwan
공시 • Feb 19Sinyi Realty Inc. to Report Fiscal Year 2024 Results on Feb 26, 2025Sinyi Realty Inc. announced that they will report fiscal year 2024 results on Feb 26, 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.
Reported Earnings • Oct 29Third quarter 2024 earnings released: EPS: NT$0.55 (vs NT$0.47 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.55 (up from NT$0.47 in 3Q 2023). Revenue: NT$2.96b (down 1.4% from 3Q 2023). Net income: NT$405.4m (up 18% from 3Q 2023). Profit margin: 14% (up from 11% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
공시 • Oct 19Sinyi Realty Inc. to Report Q3, 2024 Results on Oct 28, 2024Sinyi Realty Inc. announced that they will report Q3, 2024 results on Oct 28, 2024
Buy Or Sell Opportunity • Aug 20Now 21% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$32.90. The fair value is estimated to be NT$41.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.
Buy Or Sell Opportunity • Aug 05Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.8% to NT$31.80. The fair value is estimated to be NT$42.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 10% over the last 3 years. Earnings per share has declined by 13%.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.69 in 2Q 2023). Revenue: NT$4.29b (up 23% from 2Q 2023). Net income: NT$678.5m (up 33% from 2Q 2023). Profit margin: 16% (up from 15% 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 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • Jul 23Sinyi Realty Inc. to Report Q2, 2024 Results on Jul 30, 2024Sinyi Realty Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
분석 기사 • May 29Sinyi Realty's (TWSE:9940) Upcoming Dividend Will Be Larger Than Last Year'sSinyi Realty Inc.'s ( TWSE:9940 ) dividend will be increasing from last year's payment of the same period to NT$1.60 on...
Declared Dividend • May 24Dividend of NT$1.60 announcedShareholders will receive a dividend of NT$1.60. Ex-date: 7th June 2024 Payment date: 5th July 2024 Dividend yield will be 4.9%, 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 (54% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend.
Reported Earnings • Apr 30First quarter 2024 earnings released: EPS: NT$0.62 (vs NT$0.68 in 1Q 2023)First quarter 2024 results: EPS: NT$0.62 (down from NT$0.68 in 1Q 2023). Revenue: NT$3.14b (down 27% from 1Q 2023). Net income: NT$458.9m (down 8.4% from 1Q 2023). Profit margin: 15% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. 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 2% per year, which means it is well ahead of earnings.
Reported Earnings • Feb 28Full year 2023 earnings released: EPS: NT$2.39 (vs NT$1.66 in FY 2022)Full year 2023 results: EPS: NT$2.39 (up from NT$1.66 in FY 2022). Revenue: NT$14.2b (up 3.5% from FY 2022). Net income: NT$1.76b (up 44% from FY 2022). Profit margin: 12% (up from 8.9% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings.
공시 • Feb 27Sinyi Realty Inc., Annual General Meeting, May 22, 2024Sinyi Realty Inc., Annual General Meeting, May 22, 2024, at 09:30 Taipei Standard Time. Location: Center for Public and Business Administration Education, No.187, Jinhua St., Daan District, Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider Proposal of the proportion of employee compensation and directors remuneration for the year ended December 31, 2023; to consider Report on Audit Committee's review of 2023 business report, financial statements of 2023 and proposal for 2023 earnings distribution; to consider Report on Audit Committee's communications with the chief internal auditor; to consider Report on the implementation of Sustainability Development Plans; to consider Report on operation of the Board of Directors and Functional Committees for 2023; to consider Report on 2023 Annual Director's Remuneration; to consider Report on 2023 related-party transactions which are not related to the Company's operating activities; and to consider other matters.
Reported Earnings • Oct 31Third quarter 2023 earnings released: EPS: NT$0.46 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.46 (up from NT$0.27 in 3Q 2022). Revenue: NT$3.00b (flat on 3Q 2022). Net income: NT$342.5m (up 73% from 3Q 2022). Profit margin: 11% (up from 6.7% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Oct 29+ 1 more updateSinyi Realty Inc. Appoints Chou, Ken-Yu as ChairpersonSinyi Realty Inc. appointed Chou, Ken-Yu as chairperson. Effective date of the new appointment is October 27, 2023.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.42 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.69 (up from NT$0.42 in 2Q 2022). Revenue: NT$3.48b (up 6.0% from 2Q 2022). Net income: NT$510.4m (up 63% from 2Q 2022). Profit margin: 15% (up from 9.5% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • May 30Upcoming dividend of NT$1.20 per share at 4.0% yieldEligible shareholders must have bought the stock before 06 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 71% but the company is paying out more than the cash it is generating. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (5.4%).
공시 • May 19Sinyi Realty Inc. Approves Cash Dividends for 2022, Payable on July 6, 2023Sinyi Realty Inc. announced shareholders' meeting approved distribution of cash dividends for 2022 was TWD 884,215,800 or TWD 1.2 per share. EX-rights (ex-dividend) trading date is June 6, 2023. Ex-rights (ex-dividend) record date is June 12, 2023. Payment date of cash dividend distribution on July 6, 2023.
Reported Earnings • Apr 27First quarter 2023 earnings released: EPS: NT$0.68 (vs NT$0.65 in 1Q 2022)First quarter 2023 results: EPS: NT$0.68 (up from NT$0.65 in 1Q 2022). Revenue: NT$4.33b (up 14% from 1Q 2022). Net income: NT$501.1m (up 4.9% from 1Q 2022). Profit margin: 12% (down from 13% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 23Full year 2022 earnings released: EPS: NT$1.66 (vs NT$3.19 in FY 2021)Full year 2022 results: EPS: NT$1.66 (down from NT$3.19 in FY 2021). Revenue: NT$13.7b (down 27% from FY 2021). Net income: NT$1.22b (down 48% from FY 2021). Profit margin: 8.9% (down from 13% 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 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.98 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (down from NT$0.98 in 3Q 2021). Revenue: NT$2.97b (down 45% from 3Q 2021). Net income: NT$198.5m (down 73% from 3Q 2021). Profit margin: 6.7% (down from 14% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
공시 • Sep 28Sinyi Realty Inc. Appoints Chou, Ken-Yu as Vice Chairperson of the Board of DirectorsSinyi Realty Inc. announced that at the board meeting held on September 27, 2022 approved the appointment of Chou, Ken-yu as vice chairperson of the Board of Directors. Effective date of the new appointment is September 27, 2022.
공시 • Jul 27Sinyi Realty Inc. Announces Management ChangesSinyi Realty Inc. announced the change to the principal accounting officer of the company. Date of occurrence of the change is July 26, 2022. Name, title, and resume of the previous position holder: Lin Chiu-Chin Senior Manager of Accounting Department. Name, title, and resume of the new position holder: Wu Hsiao Chen Senior Manager of Accounting Department. Type of the change: position adjustment. Reason for the change: position adjustment. Effective date is July 26, 2022.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: NT$0.43 (vs NT$0.67 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.43 (down from NT$0.67 in 2Q 2021). Revenue: NT$3.28b (down 20% from 2Q 2021). Net income: NT$313.5m (down 36% from 2Q 2021). Profit margin: 9.5% (down from 12% 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 21% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
공시 • Jun 22Sinyi Realty Inc. Announces CFO ChangesSinyi Realty Inc. at its Board of Directors on the 21 June 2022 approved CFO Changes. Name, title, and resume of the previous position holder: Wang, Jun-Yen, Vice General Manager of the Company. Name, title, and resume of the new position holder: Chen, Chih-Huan, the senior manager of Finance Department. Reason for the change: New replacement. Effective date is 21 June 2022.
공시 • Jun 07Sinyi Realty Inc. Announces Executive ChangesSinyi Realty Inc. announced name of previous position holder Chueh, Chien-Ping, Chairperson. Resume of the previous position holder: Chairperson:Chueh, Chien-Ping, the Company's Chairperson. Reason for the change: term expired. Effective date of the new appointment is May 19, 2022. Any other matters that need to be specified:Mr. Liu, Yuan-chih was appointed to be the representative of Sinyi Co. Ltd. to execute its Chairperson's duty.
공시 • Jun 01Sinyi Realty Inc. Announces the Resignation of Wang, Jun-Yen as Chief Financial OfficerSinyi Realty Inc. announced the resignation of Wang, Jun-Yen as Chief Financial Officer of the company with effect from May 31, 2022.
Upcoming Dividend • Jun 01Upcoming dividend of NT$2.80 per shareEligible shareholders must have bought the stock before 08 June 2022. Payment date: 07 July 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 8.0%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (5.2%).
공시 • May 20+ 1 more updateSinyi Realty Inc. Approves Change of ChairpersonSinyi Realty Inc. approved the appointment of Liu, Yuan-chih as chairperson of the 14th term Board of Directors, in place of Chueh, Chien-Ping, effective from May 19, 2022.
Reported Earnings • Apr 29First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: NT$0.65 (up from NT$0.62 in 1Q 2021). Revenue: NT$3.78b (up 4.4% from 1Q 2021). Net income: NT$477.7m (up 3.8% from 1Q 2021). Profit margin: 13% (in line with 1Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공시 • Feb 28Sinyi Realty Inc., Annual General Meeting, May 19, 2022Sinyi Realty Inc., Annual General Meeting, May 19, 2022, at 09:30 Taipei Standard Time. Location: NTUH International Convention Center No.2 XuZhou Road Taipei Taiwan Agenda: To consider report on the Business of 2020; to consider report on the Profit Sharing to the Company's Employees and Directors' Compensation of 2020; to consider report on Audit Committee's Review of the Business Report, Financial Statements and Earnings Distribution Proposal of 2020; to consider report on Audit Committee's Communication with the Internal Control Officer; to consider report on Concrete Promotion Plans for Corporate Social Responsibility Programs; to consider report on Amendments to the Company's "Ethical Corporate Management Best Practice Principles"; dn to discuss other matters.
Reported Earnings • Feb 27Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: NT$3.19 (up from NT$2.11 in FY 2020). Revenue: NT$13.3b (up 1.8% from FY 2020). Net income: NT$2.35b (up 51% from FY 2020). Profit margin: 18% (up from 12% in FY 2020). The increase in margin was primarily driven by lower expenses. Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) also surpassed analyst estimates by 9.5%. 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 3% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 31Third quarter 2021 earnings released: EPS NT$0.98 (vs NT$0.76 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$5.37b (up 47% from 3Q 2020). Net income: NT$725.4m (up 30% from 3Q 2020). Profit margin: 14% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% 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 03Upcoming dividend of NT$1.70 per shareEligible shareholders must have bought the stock before 10 June 2021. Payment date: 07 July 2021. Trailing yield: 5.3%. Within top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (5.1%).
공시 • May 25Sinyi Realty Inc. Announces Cash Dividend for the Year 2020, Payable on July 7, 2021Sinyi Realty Inc. announced Cash dividend of TWD 1.7 per share for 2020. Record date is June 16, 2021, Ex-rights (ex-dividend) trading date is June 10, 2021 and cash dividend is paid on July 7, 2021.
Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.052 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$3.62b (up 66% from 1Q 2020). Net income: NT$460.0m (up NT$421.4m from 1Q 2020). Profit margin: 13% (up from 1.8% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% 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.
Is New 90 Day High Low • Mar 03New 90-day high: NT$30.05The company is up 1.0% from its price of NT$29.85 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.
Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.11 (vs NT$1.71 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$11.0b (down 11% from FY 2019). Net income: NT$1.55b (up 23% from FY 2019). Profit margin: 14% (up from 10% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
공시 • Feb 26Sinyi Realty Inc., Annual General Meeting, May 21, 2021Sinyi Realty Inc., Annual General Meeting, May 21, 2021. Location: NTUH International Convention Center Taipei Taiwan Agenda: To consider the 2020 Business Report; to consider proposal of the proportion of employee compensation and directors compensation for the year ended December 31, 2020; to consider report on Audit Committee's review of 2020 business report, financial statements of 2020 and proposal for 2020 earnings distribution; to consider report on Audit Committee's communications with the chief internal auditor; to consider report on concrete promotion plans for corporate social responsibility programs; and to consider other matters.
Is New 90 Day High Low • Jan 20New 90-day low: NT$28.00The company is down 2.0% from its price of NT$28.50 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 • Dec 24We Think Sinyi Realty (TPE:9940) Can Stay On Top Of Its DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is New 90 Day High Low • Nov 30New 90-day high: NT$30.60The company is up 3.0% from its price of NT$29.60 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 5.0% over the same period.
분석 기사 • Nov 26Shareholders Of Sinyi Realty (TPE:9940) Must Be Happy With Their 53% ReturnThe main point of investing for the long term is to make money. Furthermore, you'd generally like to see the share...
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$1.20b, down 35% from the prior year. Total revenue was NT$12.1b over the last 12 months, down 18% from the prior year.