View Financial HealthMustang Industrial 배당 및 자사주 매입배당 기준 점검 0/6Mustang Industrial 현재 배당금을 지급하지 않습니다.핵심 정보0%배당 수익률-0.002%자사주 매입 수익률총 주주 수익률-0.002%미래 배당 수익률n/a배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향0%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Oct 14Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 21 October 2021. Payment date: 05 November 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).Upcoming Dividend • Apr 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 02 June 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.9%).모든 업데이트 보기Recent updatesReported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.088 (vs NT$0.017 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.088 (up from NT$0.017 loss in 1Q 2025). Revenue: NT$69.8m (up 21% from 1Q 2025). Net income: NT$5.19m (up NT$6.17m from 1Q 2025). Profit margin: 7.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.공고 • Mar 12Mustang Industrial Corp., Annual General Meeting, Jun 23, 2026Mustang Industrial Corp., Annual General Meeting, Jun 23, 2026. Location: 2 floor no,28 ln.420, min an rd., sinjhuang district, new taipei city TaiwanReported Earnings • Mar 12Full year 2025 earnings released: NT$0.17 loss per share (vs NT$0.23 profit in FY 2024)Full year 2025 results: NT$0.17 loss per share (down from NT$0.23 profit in FY 2024). Revenue: NT$233.3m (down 16% from FY 2024). Net loss: NT$10.2m (down 178% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to NT$14.15. The fair value is estimated to be NT$17.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 73%.Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.015 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.05 (up from NT$0.015 loss in 3Q 2024). Revenue: NT$56.9m (down 21% from 3Q 2024). Net income: NT$2.92m (up NT$3.82m from 3Q 2024). Profit margin: 5.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.23 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$61.9m (down 23% from 2Q 2024). Net loss: NT$13.6m (down 245% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 14First quarter 2025 earnings released: NT$0.02 loss per share (vs NT$0.023 loss in 1Q 2024)First quarter 2025 results: NT$0.02 loss per share (improved from NT$0.023 loss in 1Q 2024). Revenue: NT$57.9m (up 8.0% from 1Q 2024). Net loss: NT$984.0k (loss narrowed 27% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$11.30, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.22 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$0.22 (up from NT$0.20 loss in FY 2023). Revenue: NT$276.7m (down 23% from FY 2023). Net income: NT$13.2m (up NT$25.2m from FY 2023). Profit margin: 4.8% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공고 • Mar 13Mustang Industrial Corp., Annual General Meeting, Jun 23, 2025Mustang Industrial Corp., Annual General Meeting, Jun 23, 2025. Location: 2 floor no,28 ln.420, min an rd., sinjhuang district, new taipei city TaiwanReported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.02 loss per share (vs NT$0.12 profit in 3Q 2023)Third quarter 2024 results: NT$0.02 loss per share (down from NT$0.12 profit in 3Q 2023). Revenue: NT$72.3m (down 27% from 3Q 2023). Net loss: NT$899.0k (down 113% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.New Risk • Sep 10New 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 7.9% 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: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$1.12b market cap, or US$34.9m).Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.01 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.16 (up from NT$0.01 loss in 2Q 2023). Revenue: NT$80.9m (down 11% from 2Q 2023). Net income: NT$9.38m (up NT$9.97m from 2Q 2023). Profit margin: 12% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock has risen 9.4% to NT$15.15. The fair value is estimated to be NT$18.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 26%.Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.20 loss per share (vs NT$0.34 loss in FY 2022)Full year 2023 results: NT$0.20 loss per share (improved from NT$0.34 loss in FY 2022). Revenue: NT$357.9m (down 7.3% from FY 2022). Net loss: NT$12.0m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공고 • Mar 15Mustang Industrial Corp., Annual General Meeting, Jun 24, 2024Mustang Industrial Corp., Annual General Meeting, Jun 24, 2024.Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.01 loss per share (vs NT$0.13 loss in 2Q 2022)Second quarter 2023 results: NT$0.01 loss per share (improved from NT$0.13 loss in 2Q 2022). Revenue: NT$91.1m (up 10% from 2Q 2022). Net loss: NT$593.0k (loss narrowed 92% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 28Full year 2022 earnings released: NT$0.34 loss per share (vs NT$0.007 profit in FY 2021)Full year 2022 results: NT$0.34 loss per share (down from NT$0.007 profit in FY 2021). Revenue: NT$386.2m (down 23% from FY 2021). Net loss: NT$19.9m (down NT$20.4m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 12Third quarter 2022 earnings released: NT$0.08 loss per share (vs NT$0.20 profit in 3Q 2021)Third quarter 2022 results: NT$0.08 loss per share (down from NT$0.20 profit in 3Q 2021). Revenue: NT$89.6m (down 42% from 3Q 2021). Net loss: NT$4.63m (down 139% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.07 loss per share (vs NT$0.056 loss in 1Q 2021)First quarter 2022 results: NT$0.07 loss per share (down from NT$0.056 loss in 1Q 2021). Revenue: NT$111.0m (down 16% from 1Q 2021). Net loss: NT$3.89m (loss widened 19% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$0.01 (vs NT$0.018 in FY 2020)Full year 2021 results: EPS: NT$0.01 (down from NT$0.018 in FY 2020). Revenue: NT$500.0m (down 19% from FY 2020). Net income: NT$449.0k (down 58% from FY 2020). Profit margin: 0.1% (down from 0.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$154.7m (up 14% from 3Q 2020). Net income: NT$11.8m (up NT$18.3m from 3Q 2020). Profit margin: 7.6% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 14Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 21 October 2021. Payment date: 05 November 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).Reported Earnings • May 17First quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.11 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$132.3m (down 24% from 1Q 2020). Net loss: NT$3.28m (down 151% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% 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.Upcoming Dividend • Apr 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 02 June 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.9%).Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$0.02 (vs NT$0.72 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$617.0m (down 25% from FY 2019). Net income: NT$1.07m (down 98% from FY 2019). Profit margin: 0.2% (down from 5.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.분석 기사 • Mar 21Investors In Mustang Industrial Corp. (GTSM:5460) Should Consider This, FirstIs Mustang Industrial Corp. ( GTSM:5460 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Mar 03New 90-day high: NT$11.55The company is up 4.0% from its price of NT$11.15 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.분석 기사 • Feb 23Does Mustang Industrial Corp.'s (GTSM:5460) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Most readers would already know that Mustang Industrial's (GTSM:5460) stock increased by 1.8% over the past three...분석 기사 • Jan 17How Well Is Mustang Industrial (GTSM:5460) Allocating Its Capital?When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Is New 90 Day High Low • Dec 23New 90-day high: NT$11.30The company is up 1.0% from its price of NT$11.20 on 25 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.분석 기사 • Dec 21How Does Mustang Industrial Corp. (GTSM:5460) Fare As A Dividend Stock?Is Mustang Industrial Corp. ( GTSM:5460 ) a good dividend stock? How can we tell? Dividend paying companies with...분석 기사 • Nov 23Mustang Industrial Corp.'s (GTSM:5460) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?Most readers would already know that Mustang Industrial's (GTSM:5460) stock increased by 2.8% over the past three...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.11 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$136.2m (down 32% from 3Q 2019). Net loss: NT$6.45m (down 133% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 과거에 5460 의 주당 배당금이 안정적이었는지 판단하기에는 데이터가 부족합니다.배당금 증가: 5460 의 배당금 지급이 증가했는지 판단하기에는 데이터가 부족합니다.배당 수익률 vs 시장Mustang Industrial 배당 수익률 vs 시장5460의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (5460)0%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.0%업계 평균 (Electronic)1.4%분석가 예측 (5460) (최대 3년)n/a주목할만한 배당금: 회사가 최근 지급을 보고하지 않았기 때문에 하위 25%의 배당금 지급자에 대해 5460 의 배당 수익률을 평가할 수 없습니다.고배당: 회사가 최근 지급을 보고하지 않았기 때문에 배당금 지급자의 상위 25%에 대해 5460 의 배당 수익률을 평가할 수 없습니다.주주 대상 이익 배당수익 보장: 5460 TW 시장에서 주목할만한 배당금을 지급하지 않습니다.주주 현금 배당현금 흐름 범위: 5460 에서 지급을 보고하지 않았기 때문에 배당 지속 가능성을 계산할 수 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/16 14:29종가2026/07/16 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Mustang Industrial Corp.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 • Oct 14Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 21 October 2021. Payment date: 05 November 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).
Upcoming Dividend • Apr 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 02 June 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.9%).
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.088 (vs NT$0.017 loss in 1Q 2025)First quarter 2026 results: EPS: NT$0.088 (up from NT$0.017 loss in 1Q 2025). Revenue: NT$69.8m (up 21% from 1Q 2025). Net income: NT$5.19m (up NT$6.17m from 1Q 2025). Profit margin: 7.4% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
공고 • Mar 12Mustang Industrial Corp., Annual General Meeting, Jun 23, 2026Mustang Industrial Corp., Annual General Meeting, Jun 23, 2026. Location: 2 floor no,28 ln.420, min an rd., sinjhuang district, new taipei city Taiwan
Reported Earnings • Mar 12Full year 2025 earnings released: NT$0.17 loss per share (vs NT$0.23 profit in FY 2024)Full year 2025 results: NT$0.17 loss per share (down from NT$0.23 profit in FY 2024). Revenue: NT$233.3m (down 16% from FY 2024). Net loss: NT$10.2m (down 178% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 09Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 6.6% to NT$14.15. The fair value is estimated to be NT$17.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 73%.
Reported Earnings • Nov 11Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.015 loss in 3Q 2024)Third quarter 2025 results: EPS: NT$0.05 (up from NT$0.015 loss in 3Q 2024). Revenue: NT$56.9m (down 21% from 3Q 2024). Net income: NT$2.92m (up NT$3.82m from 3Q 2024). Profit margin: 5.1% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 13Second quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.16 profit in 2Q 2024)Second quarter 2025 results: NT$0.23 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$61.9m (down 23% from 2Q 2024). Net loss: NT$13.6m (down 245% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 14First quarter 2025 earnings released: NT$0.02 loss per share (vs NT$0.023 loss in 1Q 2024)First quarter 2025 results: NT$0.02 loss per share (improved from NT$0.023 loss in 1Q 2024). Revenue: NT$57.9m (up 8.0% from 1Q 2024). Net loss: NT$984.0k (loss narrowed 27% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$11.30, the stock trades at a trailing P/E ratio of 50.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 4.2% over the past three years.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$0.22 (vs NT$0.20 loss in FY 2023)Full year 2024 results: EPS: NT$0.22 (up from NT$0.20 loss in FY 2023). Revenue: NT$276.7m (down 23% from FY 2023). Net income: NT$13.2m (up NT$25.2m from FY 2023). Profit margin: 4.8% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공고 • Mar 13Mustang Industrial Corp., Annual General Meeting, Jun 23, 2025Mustang Industrial Corp., Annual General Meeting, Jun 23, 2025. Location: 2 floor no,28 ln.420, min an rd., sinjhuang district, new taipei city Taiwan
Reported Earnings • Nov 18Third quarter 2024 earnings released: NT$0.02 loss per share (vs NT$0.12 profit in 3Q 2023)Third quarter 2024 results: NT$0.02 loss per share (down from NT$0.12 profit in 3Q 2023). Revenue: NT$72.3m (down 27% from 3Q 2023). Net loss: NT$899.0k (down 113% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
New Risk • Sep 10New 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 7.9% 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: Major Risk Earnings have declined by 67% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Market cap is less than US$100m (NT$1.12b market cap, or US$34.9m).
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.01 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.16 (up from NT$0.01 loss in 2Q 2023). Revenue: NT$80.9m (down 11% from 2Q 2023). Net income: NT$9.38m (up NT$9.97m from 2Q 2023). Profit margin: 12% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • Jul 18Now 20% undervaluedOver the last 90 days, the stock has risen 9.4% to NT$15.15. The fair value is estimated to be NT$18.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Earnings per share has declined by 26%.
Reported Earnings • Mar 20Full year 2023 earnings released: NT$0.20 loss per share (vs NT$0.34 loss in FY 2022)Full year 2023 results: NT$0.20 loss per share (improved from NT$0.34 loss in FY 2022). Revenue: NT$357.9m (down 7.3% from FY 2022). Net loss: NT$12.0m (loss narrowed 40% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공고 • Mar 15Mustang Industrial Corp., Annual General Meeting, Jun 24, 2024Mustang Industrial Corp., Annual General Meeting, Jun 24, 2024.
Reported Earnings • Aug 12Second quarter 2023 earnings released: NT$0.01 loss per share (vs NT$0.13 loss in 2Q 2022)Second quarter 2023 results: NT$0.01 loss per share (improved from NT$0.13 loss in 2Q 2022). Revenue: NT$91.1m (up 10% from 2Q 2022). Net loss: NT$593.0k (loss narrowed 92% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 28Full year 2022 earnings released: NT$0.34 loss per share (vs NT$0.007 profit in FY 2021)Full year 2022 results: NT$0.34 loss per share (down from NT$0.007 profit in FY 2021). Revenue: NT$386.2m (down 23% from FY 2021). Net loss: NT$19.9m (down NT$20.4m from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 123 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 12Third quarter 2022 earnings released: NT$0.08 loss per share (vs NT$0.20 profit in 3Q 2021)Third quarter 2022 results: NT$0.08 loss per share (down from NT$0.20 profit in 3Q 2021). Revenue: NT$89.6m (down 42% from 3Q 2021). Net loss: NT$4.63m (down 139% from profit in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.07 loss per share (vs NT$0.056 loss in 1Q 2021)First quarter 2022 results: NT$0.07 loss per share (down from NT$0.056 loss in 1Q 2021). Revenue: NT$111.0m (down 16% from 1Q 2021). Net loss: NT$3.89m (loss widened 19% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$0.01 (vs NT$0.018 in FY 2020)Full year 2021 results: EPS: NT$0.01 (down from NT$0.018 in FY 2020). Revenue: NT$500.0m (down 19% from FY 2020). Net income: NT$449.0k (down 58% from FY 2020). Profit margin: 0.1% (down from 0.2% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2021 earnings released: EPS NT$0.20 (vs NT$0.11 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$154.7m (up 14% from 3Q 2020). Net income: NT$11.8m (up NT$18.3m from 3Q 2020). Profit margin: 7.6% (up from net loss in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 14Upcoming dividend of NT$0.40 per shareEligible shareholders must have bought the stock before 21 October 2021. Payment date: 05 November 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.5%).
Reported Earnings • May 17First quarter 2021 earnings released: NT$0.05 loss per share (vs NT$0.11 profit in 1Q 2020)The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$132.3m (down 24% from 1Q 2020). Net loss: NT$3.28m (down 151% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 14% 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.
Upcoming Dividend • Apr 21Upcoming dividend of NT$0.10 per shareEligible shareholders must have bought the stock before 28 April 2021. Payment date: 02 June 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.7%). Lower than average of industry peers (2.9%).
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$0.02 (vs NT$0.72 in FY 2019)The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$617.0m (down 25% from FY 2019). Net income: NT$1.07m (down 98% from FY 2019). Profit margin: 0.2% (down from 5.9% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
분석 기사 • Mar 21Investors In Mustang Industrial Corp. (GTSM:5460) Should Consider This, FirstIs Mustang Industrial Corp. ( GTSM:5460 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Mar 03New 90-day high: NT$11.55The company is up 4.0% from its price of NT$11.15 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period.
분석 기사 • Feb 23Does Mustang Industrial Corp.'s (GTSM:5460) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Most readers would already know that Mustang Industrial's (GTSM:5460) stock increased by 1.8% over the past three...
분석 기사 • Jan 17How Well Is Mustang Industrial (GTSM:5460) Allocating Its Capital?When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Is New 90 Day High Low • Dec 23New 90-day high: NT$11.30The company is up 1.0% from its price of NT$11.20 on 25 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
분석 기사 • Dec 21How Does Mustang Industrial Corp. (GTSM:5460) Fare As A Dividend Stock?Is Mustang Industrial Corp. ( GTSM:5460 ) a good dividend stock? How can we tell? Dividend paying companies with...
분석 기사 • Nov 23Mustang Industrial Corp.'s (GTSM:5460) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?Most readers would already know that Mustang Industrial's (GTSM:5460) stock increased by 2.8% over the past three...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.11 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$136.2m (down 32% from 3Q 2019). Net loss: NT$6.45m (down 133% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.