View Financial HealthFirich Enterprises 배당 및 자사주 매입배당 기준 점검 2/6Firich Enterprises 은(는) 현재 수익률이 4.7% 인 배당금 지급 회사입니다.핵심 정보4.7%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률n/a배당 성장률9.1%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향-112%최근 배당 및 자사주 매입 업데이트Declared Dividend • Aug 14Dividend increased to NT$1.10Dividend of NT$1.10 is 38% higher than last year. Ex-date: 29th August 2025 Payment date: 30th September 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (147% earnings payout ratio) nor is it covered by cash flows (240% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 63% to bring the payout ratio under control, which is more than the 7.6% EPS growth achieved over the last 5 years.Declared Dividend • Aug 15Dividend of NT$0.80 announcedShareholders will receive a dividend of NT$0.80. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (417% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 363% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.공지 • Apr 27Firich Enterprises Co., Ltd. Announces Dividend Distribution for the year ended December 31, 2023Firich Enterprises Co., Ltd. announced dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.09 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.71 per share. Total amount of cash dividends to shareholders is TWD 233,770,875.Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%).Upcoming Dividend • Aug 23Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).공지 • May 12Firich Enterprises Co., Ltd. Announces Dividend Distribution for 2021Firich Enterprises Co., Ltd. announced dividend distribution for 2021. Appropriations of earnings in cash dividends to shareholders is TWD 0.2 per share. Total amount of cash dividends to shareholders is TWD 79,542,762.모든 업데이트 보기Recent updatesNew Risk • Apr 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 73% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 193% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).공지 • Mar 16Firich Enterprises Co., Ltd., Annual General Meeting, Jun 12, 2026Firich Enterprises Co., Ltd., Annual General Meeting, Jun 12, 2026, at 09:00 Taipei Standard Time. Location: 6 floor no,308, sec.1 ta t`ung rd., sijhih district, new taipei city TaiwanReported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.14 (vs NT$1.49 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$1.49 in FY 2024). Revenue: NT$1.97b (down 12% from FY 2024). Net income: NT$42.0m (down 90% from FY 2024). Profit margin: 2.1% (down from 20% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$425.5m (down 13% from 3Q 2024). Net loss: NT$94.1m (down 169% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% 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.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$1.25 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$1.25 in 2Q 2024). Revenue: NT$522.3m (down 9.6% from 2Q 2024). Net income: NT$86.9m (down 76% from 2Q 2024). Profit margin: 17% (down from 63% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.Declared Dividend • Aug 14Dividend increased to NT$1.10Dividend of NT$1.10 is 38% higher than last year. Ex-date: 29th August 2025 Payment date: 30th September 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (147% earnings payout ratio) nor is it covered by cash flows (240% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 63% to bring the payout ratio under control, which is more than the 7.6% EPS growth achieved over the last 5 years.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.78 in 1Q 2024)First quarter 2025 results: EPS: NT$0.04 (down from NT$0.78 in 1Q 2024). Revenue: NT$427.3m (down 28% from 1Q 2024). Net income: NT$11.3m (down 95% from 1Q 2024). Profit margin: 2.6% (down from 38% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.공지 • Apr 30Firich Enterprises Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Firich Enterprises Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$24.35, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 3.3% over the past three years.New Risk • Mar 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22,876% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (208% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.49 (vs NT$0.15 in FY 2023)Full year 2024 results: EPS: NT$1.49 (up from NT$0.15 in FY 2023). Revenue: NT$2.23b (down 13% from FY 2023). Net income: NT$434.0m (up NT$391.3m from FY 2023). Profit margin: 20% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.공지 • Mar 14+ 1 more updateFirich Enterprises Co., Ltd., Annual General Meeting, Jun 13, 2025Firich Enterprises Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: 6 floor no,308, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan공지 • Mar 05Firich Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Firich Enterprises Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025New Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 489% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (158% cash payout ratio). Large one-off items impacting financial results.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$0.084 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (up from NT$0.084 in 3Q 2023). Revenue: NT$489.4m (down 39% from 3Q 2023). Net income: NT$135.7m (up 454% from 3Q 2023). Profit margin: 28% (up from 3.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.공지 • Oct 29Firich Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Firich Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024New Risk • Sep 15New 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (7.4% average weekly change). Large one-off items impacting financial results.New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 852% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.25 (vs NT$0.014 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.25 (up from NT$0.014 in 2Q 2023). Revenue: NT$577.9m (flat on 2Q 2023). Net income: NT$363.9m (up NT$359.9m from 2Q 2023). Profit margin: 63% (up from 0.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Aug 15Dividend of NT$0.80 announcedShareholders will receive a dividend of NT$0.80. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (417% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 363% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.공지 • Aug 02Firich Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Firich Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.78 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.78 (up from NT$0.73 in 1Q 2023). Revenue: NT$595.4m (up 7.1% from 1Q 2023). Net income: NT$226.6m (up 6.3% from 1Q 2023). Profit margin: 38% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.공지 • May 03Firich Enterprises Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Firich Enterprises Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024공지 • Apr 27Firich Enterprises Co., Ltd. Announces Dividend Distribution for the year ended December 31, 2023Firich Enterprises Co., Ltd. announced dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.09 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.71 per share. Total amount of cash dividends to shareholders is TWD 233,770,875.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$0.15 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$0.15 (down from NT$1.07 in FY 2022). Revenue: NT$2.55b (down 6.2% from FY 2022). Net income: NT$42.7m (down 86% from FY 2022). Profit margin: 1.7% (down from 12% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.공지 • Mar 17Firich Enterprises Co., Ltd., Annual General Meeting, Jun 19, 2024Firich Enterprises Co., Ltd., Annual General Meeting, Jun 19, 2024.New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 120% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Nov 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.01 (vs NT$0.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.01 (down from NT$0.36 in 2Q 2022). Revenue: NT$579.5m (down 14% from 2Q 2022). Net income: NT$3.96m (down 96% from 2Q 2022). Profit margin: 0.7% (down from 15% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.공지 • Aug 11+ 4 more updatesFirich Enterprises Co., Ltd. Announces Change to the Corporate Governance OfficerFirich Enterprises Co., Ltd. announced change to the corporate governance officer. Name, title, and resume of the previous position holder: HONG, JA-JANE/senior manager of finance department of the Company. Name, title, and resume of the new position holder: LAI, YIN-FU/CFO of the Company. Effective date: August 10, 2023.New Risk • Aug 10New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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 (6.6% average weekly change). Large one-off items impacting financial results.공지 • Aug 02+ 1 more updateFirich Enterprises Co., Ltd. Announces the Resignation of Hsu, Ming-Che as CEO, Effective August 10, 2023Firich Enterprises Co., Ltd. announced the resignation of Mr. Hsu, Ming-Che, Director as CEO, effective August 10, 2023. The Company will appoint an new CEO on next BOD meeting.공지 • Jun 30+ 2 more updatesFirich Enterprises Co., Ltd. Announces Board ChangesFirich Enterprises Co., Ltd. announced change in Audit Committee. Name of the previous position holder: LEU,HORNG-DER; HUANG.CHUN-HIS; FANG,JIN-WEIU. Resume of the previous position holder: LEU,HORNG-DER, Professor of Business Administration, Chung Yuan Christian University; HUANG.CHUN-HIS, Specially Appointed Professor of Architecture and Interior Design, Da-Yeh University; FANG,JIN-WEIU, Assistant professor of Takming University of Science and Technology. Name of the new position holder: FANG,JIN-WEIU; HSU,SHAN-WEI; WOU,ZI-LIN. Resume of the new position holder: FANG,JIN-WEIU, Assistant professor of Takming University of Science and Technology; HSU,SHAN-WEI, Chief Legal&Compliance Officer, CDH Investment Advisory Private Limited; WOU,ZI-LIN, Partner, RSM International Ltd. Effective date of the new member is June 29, 2023.New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% 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 Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$1.10 (vs NT$0.52 in FY 2021)Full year 2022 results: EPS: NT$1.10 (up from NT$0.52 in FY 2021). Revenue: NT$2.71b (up 6.3% from FY 2021). Net income: NT$312.0m (up 114% from FY 2021). Profit margin: 12% (up from 5.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$0.17 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (up from NT$0.17 in 3Q 2021). Revenue: NT$660.7m (flat on 3Q 2021). Net income: NT$73.9m (up 54% from 3Q 2021). Profit margin: 11% (up from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 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: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$0.17 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (up from NT$0.17 in 3Q 2021). Revenue: NT$660.7m (flat on 3Q 2021). Net income: NT$73.9m (up 54% from 3Q 2021). Profit margin: 11% (up from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 5.9% over the past three years.Upcoming Dividend • Aug 23Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.38 (vs NT$0.048 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.38 (up from NT$0.048 in 2Q 2021). Revenue: NT$677.9m (up 15% from 2Q 2021). Net income: NT$101.5m (up NT$88.8m from 2Q 2021). Profit margin: 15% (up from 2.1% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.공지 • Aug 12+ 1 more updateFirich Enterprises Co., Ltd. Announces Committee ChangesFirich Enterprises Co., Ltd. announced that the Board of Directors resolved to set up Sustainable Development Committee. Name of the functional committees: Sustainable Development Committee. Name of the previous position holder:NA. Resume of the previous position holder: NA 5.Name of the new position holder: HSU,MING-CHE; CHU,CHENG-FANG; LAI,YIN-FU. Resume of the new position holder: HSU,MING-CHE: Chairman of FEC CHU,CHENG-FANG: Director of FEC LAI,YIN-FU: Chief Finance Officer of FEC. Effective date of the new member is August 11, 2022. The terms of office of Sustainable Development Committee members are the same as the terms of the Board of Directors.Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$31.75, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 16% over the past three years.Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.097 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.30 (up from NT$0.097 loss in 1Q 2021). Revenue: NT$615.2m (up 18% from 1Q 2021). Net income: NT$79.9m (up NT$105.4m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공지 • May 12Firich Enterprises Co., Ltd. Announces Dividend Distribution for 2021Firich Enterprises Co., Ltd. announced dividend distribution for 2021. Appropriations of earnings in cash dividends to shareholders is TWD 0.2 per share. Total amount of cash dividends to shareholders is TWD 79,542,762.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 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: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.18 (vs NT$0.052 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$664.4m (up 11% from 3Q 2020). Net income: NT$47.9m (up NT$61.7m from 3Q 2020). Profit margin: 7.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Sep 15Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 22 September 2021. Payment date: 14 October 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.3%).Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.034 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$589.3m (up 5.7% from 2Q 2020). Net income: NT$12.7m (up NT$21.9m from 2Q 2020). Profit margin: 2.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.Reported Earnings • May 14First quarter 2021 earnings released: NT$0.10 loss per share (vs NT$0.11 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$522.2m (up 1.1% from 1Q 2020). Net loss: NT$25.6m (loss narrowed 16% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% 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.Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.26 loss per share (vs NT$0.96 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$2.24b (down 28% from FY 2019). Net loss: NT$68.5m (down 126% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 24Is Firich Enterprises (GTSM:8076) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Feb 17These Metrics Don't Make Firich Enterprises (GTSM:8076) Look Too StrongIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...분석 기사 • Jan 14Reflecting on Firich Enterprises' (GTSM:8076) Share Price Returns Over The Last Five YearsWhile not a mind-blowing move, it is good to see that the Firich Enterprises Co., Ltd. ( GTSM:8076 ) share price has...Is New 90 Day High Low • Jan 05New 90-day high: NT$30.00The company is up 15% from its price of NT$26.10 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 20% over the same period.분석 기사 • Dec 03Here's Why Firich Enterprises (GTSM:8076) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Nov 19New 90-day high: NT$29.10The company is up 9.0% from its price of NT$26.75 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 6.0% over the same period.Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.05 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$599.2m (down 27% from 3Q 2019). Net loss: NT$13.8m (down 118% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 19% 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.Is New 90 Day High Low • Oct 30New 90-day low: NT$25.40The company is down 6.0% from its price of NT$27.03 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: NT$25.55The company is down 9.0% from its price of NT$28.06 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8076 의 배당금 지급은 지난 10 년 동안 휘발성이었습니다.배당금 증가: 8076 의 배당금 지급은 지난 10 년 동안 증가했습니다.배당 수익률 vs 시장Firich Enterprises 배당 수익률 vs 시장8076의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8076)4.7%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.0%업계 평균 (Electronic)1.4%분석가 예측 (8076) (최대 3년)n/a주목할만한 배당금: 8076 의 배당금( 4.7% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.48% )보다 높습니다.고배당: 8076 의 배당금( 4.7% )은 TW 시장에서 배당금 지급자의 상위 25%( 5% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 8076 배당금을 지급하고 있지만 회사는 수익성이 없습니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 193.2% )이 높기 때문에 8076 의 배당금 지급은 현금 흐름으로 잘 충당되지 않습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 07:18종가2026/05/08 00:00수익2025/12/31연간 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 소스Firich Enterprises 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.
Declared Dividend • Aug 14Dividend increased to NT$1.10Dividend of NT$1.10 is 38% higher than last year. Ex-date: 29th August 2025 Payment date: 30th September 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (147% earnings payout ratio) nor is it covered by cash flows (240% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 63% to bring the payout ratio under control, which is more than the 7.6% EPS growth achieved over the last 5 years.
Declared Dividend • Aug 15Dividend of NT$0.80 announcedShareholders will receive a dividend of NT$0.80. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (417% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 363% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.
공지 • Apr 27Firich Enterprises Co., Ltd. Announces Dividend Distribution for the year ended December 31, 2023Firich Enterprises Co., Ltd. announced dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.09 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.71 per share. Total amount of cash dividends to shareholders is TWD 233,770,875.
Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%).
Upcoming Dividend • Aug 23Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).
공지 • May 12Firich Enterprises Co., Ltd. Announces Dividend Distribution for 2021Firich Enterprises Co., Ltd. announced dividend distribution for 2021. Appropriations of earnings in cash dividends to shareholders is TWD 0.2 per share. Total amount of cash dividends to shareholders is TWD 79,542,762.
New Risk • Apr 04New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 73% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 193% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin).
공지 • Mar 16Firich Enterprises Co., Ltd., Annual General Meeting, Jun 12, 2026Firich Enterprises Co., Ltd., Annual General Meeting, Jun 12, 2026, at 09:00 Taipei Standard Time. Location: 6 floor no,308, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$0.14 (vs NT$1.49 in FY 2024)Full year 2025 results: EPS: NT$0.14 (down from NT$1.49 in FY 2024). Revenue: NT$1.97b (down 12% from FY 2024). Net income: NT$42.0m (down 90% from FY 2024). Profit margin: 2.1% (down from 20% in FY 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 18Third quarter 2025 earnings released: NT$0.32 loss per share (vs NT$0.46 profit in 3Q 2024)Third quarter 2025 results: NT$0.32 loss per share (down from NT$0.46 profit in 3Q 2024). Revenue: NT$425.5m (down 13% from 3Q 2024). Net loss: NT$94.1m (down 169% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 40% 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.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.30 (vs NT$1.25 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.30 (down from NT$1.25 in 2Q 2024). Revenue: NT$522.3m (down 9.6% from 2Q 2024). Net income: NT$86.9m (down 76% from 2Q 2024). Profit margin: 17% (down from 63% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
Declared Dividend • Aug 14Dividend increased to NT$1.10Dividend of NT$1.10 is 38% higher than last year. Ex-date: 29th August 2025 Payment date: 30th September 2025 Dividend yield will be 4.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (147% earnings payout ratio) nor is it covered by cash flows (240% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 63% to bring the payout ratio under control, which is more than the 7.6% EPS growth achieved over the last 5 years.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.04 (vs NT$0.78 in 1Q 2024)First quarter 2025 results: EPS: NT$0.04 (down from NT$0.78 in 1Q 2024). Revenue: NT$427.3m (down 28% from 1Q 2024). Net income: NT$11.3m (down 95% from 1Q 2024). Profit margin: 2.6% (down from 38% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
공지 • Apr 30Firich Enterprises Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Firich Enterprises Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$24.35, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 3.3% over the past three years.
New Risk • Mar 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22,876% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (208% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$1.49 (vs NT$0.15 in FY 2023)Full year 2024 results: EPS: NT$1.49 (up from NT$0.15 in FY 2023). Revenue: NT$2.23b (down 13% from FY 2023). Net income: NT$434.0m (up NT$391.3m from FY 2023). Profit margin: 20% (up from 1.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
공지 • Mar 14+ 1 more updateFirich Enterprises Co., Ltd., Annual General Meeting, Jun 13, 2025Firich Enterprises Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: 6 floor no,308, sec.1 ta t`ung rd., sijhih district, new taipei city Taiwan
공지 • Mar 05Firich Enterprises Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Firich Enterprises Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
New Risk • Nov 30New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 489% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (158% cash payout ratio). Large one-off items impacting financial results.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.46 (vs NT$0.084 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.46 (up from NT$0.084 in 3Q 2023). Revenue: NT$489.4m (down 39% from 3Q 2023). Net income: NT$135.7m (up 454% from 3Q 2023). Profit margin: 28% (up from 3.1% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
공지 • Oct 29Firich Enterprises Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Firich Enterprises Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
New Risk • Sep 15New 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 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks 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 (7.4% average weekly change). Large one-off items impacting financial results.
New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 852% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.25 (vs NT$0.014 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.25 (up from NT$0.014 in 2Q 2023). Revenue: NT$577.9m (flat on 2Q 2023). Net income: NT$363.9m (up NT$359.9m from 2Q 2023). Profit margin: 63% (up from 0.7% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Aug 15Dividend of NT$0.80 announcedShareholders will receive a dividend of NT$0.80. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 2.4%, which is lower than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (417% earnings payout ratio). However, it is covered by cash flows (56% cash payout ratio). The dividend has increased by an average of 20% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 363% to bring the payout ratio under control. However, EPS has declined by 27% over the last 5 years so the company would need to reverse this trend.
공지 • Aug 02Firich Enterprises Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Firich Enterprises Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.78 (vs NT$0.73 in 1Q 2023)First quarter 2024 results: EPS: NT$0.78 (up from NT$0.73 in 1Q 2023). Revenue: NT$595.4m (up 7.1% from 1Q 2023). Net income: NT$226.6m (up 6.3% from 1Q 2023). Profit margin: 38% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
공지 • May 03Firich Enterprises Co., Ltd. to Report Q1, 2024 Results on May 13, 2024Firich Enterprises Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 13, 2024
공지 • Apr 27Firich Enterprises Co., Ltd. Announces Dividend Distribution for the year ended December 31, 2023Firich Enterprises Co., Ltd. announced dividend distribution for the year ended December 31, 2023. Appropriations of earnings in cash dividends to shareholders is TWD 0.09 per share. Cash dividends distributed from legal reserve and capital reserve to shareholders is TWD 0.71 per share. Total amount of cash dividends to shareholders is TWD 233,770,875.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$0.15 (vs NT$1.07 in FY 2022)Full year 2023 results: EPS: NT$0.15 (down from NT$1.07 in FY 2022). Revenue: NT$2.55b (down 6.2% from FY 2022). Net income: NT$42.7m (down 86% from FY 2022). Profit margin: 1.7% (down from 12% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
공지 • Mar 17Firich Enterprises Co., Ltd., Annual General Meeting, Jun 19, 2024Firich Enterprises Co., Ltd., Annual General Meeting, Jun 19, 2024.
New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 120% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Nov 11New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.2% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).
Upcoming Dividend • Aug 22Upcoming dividend of NT$0.70 per share at 2.1% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 03 October 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.01 (vs NT$0.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.01 (down from NT$0.36 in 2Q 2022). Revenue: NT$579.5m (down 14% from 2Q 2022). Net income: NT$3.96m (down 96% from 2Q 2022). Profit margin: 0.7% (down from 15% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
공지 • Aug 11+ 4 more updatesFirich Enterprises Co., Ltd. Announces Change to the Corporate Governance OfficerFirich Enterprises Co., Ltd. announced change to the corporate governance officer. Name, title, and resume of the previous position holder: HONG, JA-JANE/senior manager of finance department of the Company. Name, title, and resume of the new position holder: LAI, YIN-FU/CFO of the Company. Effective date: August 10, 2023.
New Risk • Aug 10New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. 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 (6.6% average weekly change). Large one-off items impacting financial results.
공지 • Aug 02+ 1 more updateFirich Enterprises Co., Ltd. Announces the Resignation of Hsu, Ming-Che as CEO, Effective August 10, 2023Firich Enterprises Co., Ltd. announced the resignation of Mr. Hsu, Ming-Che, Director as CEO, effective August 10, 2023. The Company will appoint an new CEO on next BOD meeting.
공지 • Jun 30+ 2 more updatesFirich Enterprises Co., Ltd. Announces Board ChangesFirich Enterprises Co., Ltd. announced change in Audit Committee. Name of the previous position holder: LEU,HORNG-DER; HUANG.CHUN-HIS; FANG,JIN-WEIU. Resume of the previous position holder: LEU,HORNG-DER, Professor of Business Administration, Chung Yuan Christian University; HUANG.CHUN-HIS, Specially Appointed Professor of Architecture and Interior Design, Da-Yeh University; FANG,JIN-WEIU, Assistant professor of Takming University of Science and Technology. Name of the new position holder: FANG,JIN-WEIU; HSU,SHAN-WEI; WOU,ZI-LIN. Resume of the new position holder: FANG,JIN-WEIU, Assistant professor of Takming University of Science and Technology; HSU,SHAN-WEI, Chief Legal&Compliance Officer, CDH Investment Advisory Private Limited; WOU,ZI-LIN, Partner, RSM International Ltd. Effective date of the new member is June 29, 2023.
New Risk • Jun 21New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% 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 Share price has been volatile over the past 3 months (6.0% average weekly change). Large one-off items impacting financial results.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$34.30, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 44% over the past three years.
Reported Earnings • Mar 19Full year 2022 earnings released: EPS: NT$1.10 (vs NT$0.52 in FY 2021)Full year 2022 results: EPS: NT$1.10 (up from NT$0.52 in FY 2021). Revenue: NT$2.71b (up 6.3% from FY 2021). Net income: NT$312.0m (up 114% from FY 2021). Profit margin: 12% (up from 5.7% in FY 2021). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$0.17 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (up from NT$0.17 in 3Q 2021). Revenue: NT$660.7m (flat on 3Q 2021). Net income: NT$73.9m (up 54% from 3Q 2021). Profit margin: 11% (up from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 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: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$0.26 (vs NT$0.17 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.26 (up from NT$0.17 in 3Q 2021). Revenue: NT$660.7m (flat on 3Q 2021). Net income: NT$73.9m (up 54% from 3Q 2021). Profit margin: 11% (up from 7.2% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 01Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$35.25, the stock trades at a trailing P/E ratio of 29.4x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 5.9% over the past three years.
Upcoming Dividend • Aug 23Upcoming dividend of NT$0.30 per shareEligible shareholders must have bought the stock before 30 August 2022. Payment date: 04 October 2022. Payout ratio is a comfortable 16% but the company is not cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.4%).
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: NT$0.38 (vs NT$0.048 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.38 (up from NT$0.048 in 2Q 2021). Revenue: NT$677.9m (up 15% from 2Q 2021). Net income: NT$101.5m (up NT$88.8m from 2Q 2021). Profit margin: 15% (up from 2.1% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
공지 • Aug 12+ 1 more updateFirich Enterprises Co., Ltd. Announces Committee ChangesFirich Enterprises Co., Ltd. announced that the Board of Directors resolved to set up Sustainable Development Committee. Name of the functional committees: Sustainable Development Committee. Name of the previous position holder:NA. Resume of the previous position holder: NA 5.Name of the new position holder: HSU,MING-CHE; CHU,CHENG-FANG; LAI,YIN-FU. Resume of the new position holder: HSU,MING-CHE: Chairman of FEC CHU,CHENG-FANG: Director of FEC LAI,YIN-FU: Chief Finance Officer of FEC. Effective date of the new member is August 11, 2022. The terms of office of Sustainable Development Committee members are the same as the terms of the Board of Directors.
Valuation Update With 7 Day Price Move • Jul 19Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$31.75, the stock trades at a trailing P/E ratio of 33.5x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 16% over the past three years.
Reported Earnings • May 14First quarter 2022 earnings released: EPS: NT$0.30 (vs NT$0.097 loss in 1Q 2021)First quarter 2022 results: EPS: NT$0.30 (up from NT$0.097 loss in 1Q 2021). Revenue: NT$615.2m (up 18% from 1Q 2021). Net income: NT$79.9m (up NT$105.4m from 1Q 2021). Profit margin: 13% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공지 • May 12Firich Enterprises Co., Ltd. Announces Dividend Distribution for 2021Firich Enterprises Co., Ltd. announced dividend distribution for 2021. Appropriations of earnings in cash dividends to shareholders is TWD 0.2 per share. Total amount of cash dividends to shareholders is TWD 79,542,762.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 3 independent directors (4 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: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.18 (vs NT$0.052 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$664.4m (up 11% from 3Q 2020). Net income: NT$47.9m (up NT$61.7m from 3Q 2020). Profit margin: 7.2% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Sep 15Upcoming dividend of NT$0.50 per shareEligible shareholders must have bought the stock before 22 September 2021. Payment date: 14 October 2021. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.3%).
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.05 (vs NT$0.034 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$589.3m (up 5.7% from 2Q 2020). Net income: NT$12.7m (up NT$21.9m from 2Q 2020). Profit margin: 2.1% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 14First quarter 2021 earnings released: NT$0.10 loss per share (vs NT$0.11 loss in 1Q 2020)The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$522.2m (up 1.1% from 1Q 2020). Net loss: NT$25.6m (loss narrowed 16% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% 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.
Reported Earnings • Mar 25Full year 2020 earnings released: NT$0.26 loss per share (vs NT$0.96 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$2.24b (down 28% from FY 2019). Net loss: NT$68.5m (down 126% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 24Is Firich Enterprises (GTSM:8076) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Feb 17These Metrics Don't Make Firich Enterprises (GTSM:8076) Look Too StrongIgnoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
분석 기사 • Jan 14Reflecting on Firich Enterprises' (GTSM:8076) Share Price Returns Over The Last Five YearsWhile not a mind-blowing move, it is good to see that the Firich Enterprises Co., Ltd. ( GTSM:8076 ) share price has...
Is New 90 Day High Low • Jan 05New 90-day high: NT$30.00The company is up 15% from its price of NT$26.10 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 20% over the same period.
분석 기사 • Dec 03Here's Why Firich Enterprises (GTSM:8076) Can Manage Its Debt ResponsiblyLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Nov 19New 90-day high: NT$29.10The company is up 9.0% from its price of NT$26.75 on 21 August 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 6.0% over the same period.
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.05 loss per shareThe company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$599.2m (down 27% from 3Q 2019). Net loss: NT$13.8m (down 118% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 19% 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.
Is New 90 Day High Low • Oct 30New 90-day low: NT$25.40The company is down 6.0% from its price of NT$27.03 on 31 July 2020. The Taiwanese market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: NT$25.55The company is down 9.0% from its price of NT$28.06 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period.