View Financial HealthBedding World 배당 및 자사주 매입배당 기준 점검 3/6Bedding World 수익으로 충분히 충당되는 현재 수익률 3.03% 보유한 배당금 지급 회사입니다.핵심 정보3.0%배당 수익률-0.0009%자사주 매입 수익률총 주주 수익률3.0%미래 배당 수익률n/a배당 성장률5.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향55%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Aug 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 17 September 2025. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.3%).Upcoming Dividend • Aug 07Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (3.5%).Upcoming Dividend • Aug 17Upcoming dividend of NT$3.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (5.1%).Upcoming Dividend • Aug 18Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.8%).Upcoming Dividend • Sep 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 September 2021. Payment date: 01 October 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).모든 업데이트 보기Recent updatesReported Earnings • Apr 05Full year 2025 earnings released: EPS: NT$1.18 (vs NT$4.24 in FY 2024)Full year 2025 results: EPS: NT$1.18 (down from NT$4.24 in FY 2024). Revenue: NT$725.3m (down 14% from FY 2024). Net income: NT$23.9m (down 72% from FY 2024). Profit margin: 3.3% (down from 10% 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 29% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.공시 • Mar 30Bedding World Co., Ltd., Annual General Meeting, Jun 17, 2026Bedding World Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,88, sec.1 chiu tsung rd., neihu district, taipei city TaiwanNew Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (7.0% net profit margin). Market cap is less than US$100m (NT$473.3m market cap, or US$15.1m).Board Change • Feb 26No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Upcoming Dividend • Aug 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 17 September 2025. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.3%).New Risk • Aug 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.0% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (7.0% net profit margin). Market cap is less than US$100m (NT$681.7m market cap, or US$22.5m).New Risk • Mar 30New major risk - Revenue and earnings growthEarnings have declined by 0.7% 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 0.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$765.3m market cap, or US$23.0m).공시 • Mar 21Bedding World Co., Ltd., Annual General Meeting, Jun 18, 2025Bedding World Co., Ltd., Annual General Meeting, Jun 18, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,88, sec.1 chiu tsung rd., neihu district, taipei city TaiwanNew Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$718.0m market cap, or US$21.8m).Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.06 (vs NT$0.99 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.06 (up from NT$0.99 in 2Q 2023). Revenue: NT$210.8m (flat on 2Q 2023). Net income: NT$21.4m (up 7.6% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Aug 07Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (3.5%).Reported Earnings • Jul 02First quarter 2024 earnings released: EPS: NT$1.03 (vs NT$0.49 in 1Q 2023)First quarter 2024 results: EPS: NT$1.03 (up from NT$0.49 in 1Q 2023). Revenue: NT$207.4m (up 3.1% from 1Q 2023). Net income: NT$20.8m (up 111% from 1Q 2023). Profit margin: 10.0% (up from 4.9% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.Reported Earnings • Apr 10Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$851.2m (down 4.4% from FY 2022). Net income: NT$75.5m (down 36% from FY 2022). Profit margin: 8.9% (down from 13% in FY 2022).공시 • Mar 22Bedding World Co., Ltd., Annual General Meeting, Jun 19, 2024Bedding World Co., Ltd., Annual General Meeting, Jun 19, 2024.New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$889.2m market cap, or US$28.1m).New Risk • Nov 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$879.1m market cap, or US$27.1m).Upcoming Dividend • Aug 17Upcoming dividend of NT$3.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (5.1%).New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.8% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$924.4m market cap, or US$29.0m).Reported Earnings • Apr 13Full year 2022 earnings released: EPS: NT$5.82 (vs NT$5.70 in FY 2021)Full year 2022 results: EPS: NT$5.82 (up from NT$5.70 in FY 2021). Revenue: NT$890.6m (up 6.3% from FY 2021). Net income: NT$117.3m (up 2.1% from FY 2021). Profit margin: 13% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.Upcoming Dividend • Aug 18Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.8%).Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$3.02 (vs NT$1.71 in 1H 2021)First half 2022 results: EPS: NT$3.02 (up from NT$1.71 in 1H 2021). Revenue: NT$421.7m (up 12% from 1H 2021). Net income: NT$60.8m (up 76% from 1H 2021). Profit margin: 14% (up from 9.2% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% 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 • Apr 27Full year 2021 earnings released: EPS: NT$5.70 (vs NT$4.61 in FY 2020)Full year 2021 results: EPS: NT$5.70 (up from NT$4.61 in FY 2020). Revenue: NT$837.8m (up 7.9% from FY 2020). Net income: NT$114.8m (up 24% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year.Upcoming Dividend • Sep 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 September 2021. Payment date: 01 October 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).분석 기사 • Apr 25The Returns At Bedding World (GTSM:2938) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$4.61 (vs NT$4.18 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$776.5m (up 2.0% from FY 2019). Net income: NT$92.8m (up 10% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.분석 기사 • Mar 28Here's What You Should Know About Bedding World Co., Ltd.'s (GTSM:2938) 6.4% Dividend YieldDividend paying stocks like Bedding World Co., Ltd. ( GTSM:2938 ) tend to be popular with investors, and for good...분석 기사 • Feb 03Declining Stock and Solid Fundamentals: Is The Market Wrong About Bedding World Co., Ltd. (GTSM:2938)?Bedding World (GTSM:2938) has had a rough three months with its share price down 2.0%. But if you pay close attention...분석 기사 • Jan 13The Returns At Bedding World (GTSM:2938) Provide Us With Signs Of What's To ComeWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...Is New 90 Day High Low • Jan 12New 90-day low: NT$38.00The company is down 5.0% from its price of NT$39.90 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 7.0% over the same period.분석 기사 • Dec 23Bedding World (GTSM:2938) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Dec 05Could Bedding World Co., Ltd. (GTSM:2938) Have The Makings Of Another Dividend Aristocrat?Today we'll take a closer look at Bedding World Co., Ltd. ( GTSM:2938 ) from a dividend investor's perspective. Owning...지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2938 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 2938 9 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장Bedding World 배당 수익률 vs 시장2938의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2938)3.0%시장 하위 25% (TW)1.4%시장 상위 25% (TW)4.9%업계 평균 (Retail Distributors)4.5%분석가 예측 (2938) (최대 3년)n/a주목할만한 배당금: 2938 의 배당금( 3.03% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.39% )보다 높습니다.고배당: 2938 의 배당금( 3.03% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.85% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적인 지급 비율 ( 55.4% )을 통해 2938 의 배당금 지급은 수익으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 12.3% )이 낮기 때문에 2938 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/18 08:27종가2026/06/18 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 소스Bedding World Co., Ltd.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • Aug 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 17 September 2025. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.3%).
Upcoming Dividend • Aug 07Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (3.5%).
Upcoming Dividend • Aug 17Upcoming dividend of NT$3.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (5.1%).
Upcoming Dividend • Aug 18Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.8%).
Upcoming Dividend • Sep 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 September 2021. Payment date: 01 October 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).
Reported Earnings • Apr 05Full year 2025 earnings released: EPS: NT$1.18 (vs NT$4.24 in FY 2024)Full year 2025 results: EPS: NT$1.18 (down from NT$4.24 in FY 2024). Revenue: NT$725.3m (down 14% from FY 2024). Net income: NT$23.9m (down 72% from FY 2024). Profit margin: 3.3% (down from 10% 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 29% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
공시 • Mar 30Bedding World Co., Ltd., Annual General Meeting, Jun 17, 2026Bedding World Co., Ltd., Annual General Meeting, Jun 17, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,88, sec.1 chiu tsung rd., neihu district, taipei city Taiwan
New Risk • Mar 02New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (7.0% net profit margin). Market cap is less than US$100m (NT$473.3m market cap, or US$15.1m).
Board Change • Feb 26No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Upcoming Dividend • Aug 25Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 01 September 2025. Payment date: 17 September 2025. Payout ratio is on the higher end at 93%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (4.3%).
New Risk • Aug 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.0% Last year net profit margin: 10% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (93% payout ratio). Profit margins are more than 30% lower than last year (7.0% net profit margin). Market cap is less than US$100m (NT$681.7m market cap, or US$22.5m).
New Risk • Mar 30New major risk - Revenue and earnings growthEarnings have declined by 0.7% 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 0.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$765.3m market cap, or US$23.0m).
공시 • Mar 21Bedding World Co., Ltd., Annual General Meeting, Jun 18, 2025Bedding World Co., Ltd., Annual General Meeting, Jun 18, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,88, sec.1 chiu tsung rd., neihu district, taipei city Taiwan
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$718.0m market cap, or US$21.8m).
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.06 (vs NT$0.99 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.06 (up from NT$0.99 in 2Q 2023). Revenue: NT$210.8m (flat on 2Q 2023). Net income: NT$21.4m (up 7.6% from 2Q 2023). Profit margin: 10% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Aug 07Upcoming dividend of NT$2.25 per shareEligible shareholders must have bought the stock before 14 August 2024. Payment date: 06 September 2024. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (3.5%).
Reported Earnings • Jul 02First quarter 2024 earnings released: EPS: NT$1.03 (vs NT$0.49 in 1Q 2023)First quarter 2024 results: EPS: NT$1.03 (up from NT$0.49 in 1Q 2023). Revenue: NT$207.4m (up 3.1% from 1Q 2023). Net income: NT$20.8m (up 111% from 1Q 2023). Profit margin: 10.0% (up from 4.9% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 10Full year 2023 earnings releasedFull year 2023 results: Revenue: NT$851.2m (down 4.4% from FY 2022). Net income: NT$75.5m (down 36% from FY 2022). Profit margin: 8.9% (down from 13% in FY 2022).
공시 • Mar 22Bedding World Co., Ltd., Annual General Meeting, Jun 19, 2024Bedding World Co., Ltd., Annual General Meeting, Jun 19, 2024.
New Risk • Mar 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$889.2m market cap, or US$28.1m).
New Risk • Nov 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (5.7% average weekly change). Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$879.1m market cap, or US$27.1m).
Upcoming Dividend • Aug 17Upcoming dividend of NT$3.00 per share at 6.7% yieldEligible shareholders must have bought the stock before 24 August 2023. Payment date: 08 September 2023. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (5.1%).
New Risk • Aug 14New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 9.8% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. 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. Profit margins are more than 30% lower than last year (9.8% net profit margin). Market cap is less than US$100m (NT$924.4m market cap, or US$29.0m).
Reported Earnings • Apr 13Full year 2022 earnings released: EPS: NT$5.82 (vs NT$5.70 in FY 2021)Full year 2022 results: EPS: NT$5.82 (up from NT$5.70 in FY 2021). Revenue: NT$890.6m (up 6.3% from FY 2021). Net income: NT$117.3m (up 2.1% from FY 2021). Profit margin: 13% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year and the company’s share price has also increased by 18% per year.
Upcoming Dividend • Aug 18Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 25 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.8%).
Reported Earnings • Aug 15First half 2022 earnings released: EPS: NT$3.02 (vs NT$1.71 in 1H 2021)First half 2022 results: EPS: NT$3.02 (up from NT$1.71 in 1H 2021). Revenue: NT$421.7m (up 12% from 1H 2021). Net income: NT$60.8m (up 76% from 1H 2021). Profit margin: 14% (up from 9.2% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% 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 • Apr 27Full year 2021 earnings released: EPS: NT$5.70 (vs NT$4.61 in FY 2020)Full year 2021 results: EPS: NT$5.70 (up from NT$4.61 in FY 2020). Revenue: NT$837.8m (up 7.9% from FY 2020). Net income: NT$114.8m (up 24% from FY 2020). Profit margin: 14% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 6% per year.
Upcoming Dividend • Sep 03Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 10 September 2021. Payment date: 01 October 2021. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.9%).
분석 기사 • Apr 25The Returns At Bedding World (GTSM:2938) Aren't GrowingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Apr 25Full year 2020 earnings released: EPS NT$4.61 (vs NT$4.18 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$776.5m (up 2.0% from FY 2019). Net income: NT$92.8m (up 10% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has remained flat and the company’s share price has also remained flat.
분석 기사 • Mar 28Here's What You Should Know About Bedding World Co., Ltd.'s (GTSM:2938) 6.4% Dividend YieldDividend paying stocks like Bedding World Co., Ltd. ( GTSM:2938 ) tend to be popular with investors, and for good...
분석 기사 • Feb 03Declining Stock and Solid Fundamentals: Is The Market Wrong About Bedding World Co., Ltd. (GTSM:2938)?Bedding World (GTSM:2938) has had a rough three months with its share price down 2.0%. But if you pay close attention...
분석 기사 • Jan 13The Returns At Bedding World (GTSM:2938) Provide Us With Signs Of What's To ComeWhat trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Is New 90 Day High Low • Jan 12New 90-day low: NT$38.00The company is down 5.0% from its price of NT$39.90 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Retail Distributors industry, which is up 7.0% over the same period.
분석 기사 • Dec 23Bedding World (GTSM:2938) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Dec 05Could Bedding World Co., Ltd. (GTSM:2938) Have The Makings Of Another Dividend Aristocrat?Today we'll take a closer look at Bedding World Co., Ltd. ( GTSM:2938 ) from a dividend investor's perspective. Owning...