View Future GrowthJPP Holding 과거 순이익 실적과거 기준 점검 4/6JPP Holding은 연평균 26.4%의 비율로 수입이 증가해 온 반면, Electronic 산업은 수입이 0.4% 증가했습니다. 매출은 연평균 22.2%의 비율로 증가했습니다. JPP Holding의 자기자본이익률은 18.2%이고 순이익률은 17.3%입니다.핵심 정보26.45%순이익 성장률23.25%주당순이익(EPS) 성장률Electronic 산업 성장률14.81%매출 성장률22.20%자기자본이익률18.23%순이익률17.32%최근 순이익 업데이트31 Mar 2026최근 과거 실적 업데이트Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.공시 • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025모든 업데이트 보기Recent updatesPrice Target Changed • May 20Price target increased by 12% to NT$380Up from NT$340, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$363. Stock is up 127% over the past year. The company posted earnings per share of NT$12.06 last year.Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Apr 22New 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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$379, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.공시 • Mar 12JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city TaiwanReported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$317, the stock trades at a trailing P/E ratio of 48.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 558% over the past three years.Price Target Changed • Sep 23Price target increased by 7.5% to NT$280Up from NT$260, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$287. Stock is up 130% over the past year. The company posted earnings per share of NT$1.02 last year.New Risk • Sep 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (26% accrual ratio).Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$255, the stock trades at a trailing P/E ratio of 54.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 485% over the past three years.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.48 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%).Declared Dividend • Jun 25Dividend reduced to NT$1.50Dividend of NT$1.50 is 70% lower than last year. Ex-date: 18th July 2025 Payment date: 13th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.공시 • Jun 20+ 2 more updatesJPP Holding Company Limited Announces Changes in Remuneration Committee, Effective June 18, 2025On June 18, 2025, JPP HOLDING COMPANY LIMITED announced the changes in its 5th Remuneration Committee. The previous position holders included independent directors Mr. Chen Shih-Chin. Mr. Chen Shih-Chin served as the Company's independent director. The new position holders are Mr. Lai Chen-Chu, Mr. Li Chou-Wei, Mr. Lai Chen-Chu was a Court Judge of Banqiao District Taiwan, and Mr. Li Chou-Wei was the Director of the Consultancy Department at R&K Consultants Limited and Mr. Wang Wen-Yuan, who is the Chief Financial Officer of TSRC Corporation. The effective date of the new members is June 18, 2025.공시 • Jun 19+ 1 more updateJPP Holding Company Limited Approves Cash Dividend for Year 2024JPP Holding Company Limited at its AGM held on June 18, 2025, approved Cash dividend of TWD 1.5 per share for year 2024.Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$180, the stock trades at a trailing P/E ratio of 38.6x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 374% over the past three years.New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.공시 • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$1.02 (vs NT$8.33 in FY 2023)Full year 2024 results: EPS: NT$1.02 (down from NT$8.33 in FY 2023). Revenue: NT$2.39b (up 6.2% from FY 2023). Net income: NT$49.2m (down 88% from FY 2023). Profit margin: 2.1% (down from 18% in FY 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 51% per year, which means it is well ahead of earnings.공시 • Mar 14JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city TaiwanNew Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% 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: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).공시 • Dec 11JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million.JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 2,400,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Transaction Features: Rights OfferingReported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.50 (vs NT$2.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.50 (down from NT$2.99 in 3Q 2023). Revenue: NT$615.4m (down 4.5% from 3Q 2023). Net income: NT$23.9m (down 83% from 3Q 2023). Profit margin: 3.9% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.공시 • Oct 30JPP Holding Company Limited to Report Q3, 2024 Results on Nov 07, 2024JPP Holding Company Limited announced that they will report Q3, 2024 results on Nov 07, 2024분석 기사 • Oct 24Revenues Not Telling The Story For JPP Holding Company Limited (TWSE:5284) After Shares Rise 27%JPP Holding Company Limited ( TWSE:5284 ) shareholders have had their patience rewarded with a 27% share price jump in...Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$149, the stock trades at a trailing P/E ratio of 73.2x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$98.46 per share.Buy Or Sell Opportunity • Sep 16Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to NT$124. The fair value is estimated to be NT$98.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 24%.공시 • Aug 14JPP Holding Company Limited to Report Q2, 2024 Results on Aug 22, 2024JPP Holding Company Limited announced that they will report Q2, 2024 results on Aug 22, 2024Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 19% to NT$107. The fair value is estimated to be NT$85.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 39%.분석 기사 • Aug 06Slowing Rates Of Return At JPP Holding (TWSE:5284) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.분석 기사 • Jun 23JPP Holding (TWSE:5284) Is Paying Out A Larger Dividend Than Last YearJPP Holding Company Limited ( TWSE:5284 ) has announced that it will be increasing its dividend from last year's...Declared Dividend • Jun 22Dividend increased to NT$5.00Dividend of NT$5.00 is 79% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it covered by cash flows (256% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control, which is more than the 4.2% EPS growth achieved over the last 5 years.Reported Earnings • May 18First quarter 2024 earnings released: NT$1.26 loss per share (vs NT$2.52 profit in 1Q 2023)First quarter 2024 results: NT$1.26 loss per share (down from NT$2.52 profit in 1Q 2023). Revenue: NT$602.5m (up 7.8% from 1Q 2023). Net loss: NT$60.4m (down 150% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 15.1x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 241% over the past three years.공시 • May 03JPP Holding Company Limited to Report Q1, 2024 Results on May 09, 2024JPP Holding Company Limited announced that they will report Q1, 2024 results on May 09, 2024분석 기사 • Apr 28Slammed 27% JPP Holding Company Limited (TWSE:5284) Screens Well Here But There Might Be A CatchJPP Holding Company Limited ( TWSE:5284 ) shares have retraced a considerable 27% in the last month, reversing a fair...Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$168, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 298% over the past three years.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.33 (vs NT$5.45 in FY 2022)Full year 2023 results: EPS: NT$8.33 (up from NT$5.45 in FY 2022). Revenue: NT$2.25b (up 26% from FY 2022). Net income: NT$399.4m (up 64% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.분석 기사 • Mar 13A Piece Of The Puzzle Missing From JPP Holding Company Limited's (TWSE:5284) 37% Share Price ClimbJPP Holding Company Limited ( TWSE:5284 ) shares have continued their recent momentum with a 37% gain in the last month...공시 • Mar 13JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024. Location: 8th Fl., No. 350, Songjiang Rd., Zhongshan Dist Taiwan R.O.C Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employees' and directors' remuneration; to consider report on amendments to the company's the governing procedure of board; to acknowledge the 4th quarter of 2023 restated consolidated financial statements; to consider the 2023 annual final accounting books and statements; to consider the 2023 earnings distribution; and to consider other issues.Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$228, the stock trades at a trailing P/E ratio of 23.6x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 528% over the past three years.분석 기사 • Mar 01If EPS Growth Is Important To You, JPP Holding (TWSE:5284) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$173, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 437% over the past three years.New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$130, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 317% over the past three years.New Risk • Nov 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.99 (vs NT$1.69 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.99 (up from NT$1.69 in 3Q 2022). Revenue: NT$644.6m (up 32% from 3Q 2022). Net income: NT$143.2m (up 90% from 3Q 2022). Profit margin: 22% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 55% per year.Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: NT$2.76 (vs NT$1.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.76 (up from NT$1.21 in 2Q 2022). Revenue: NT$562.1m (up 44% from 2Q 2022). Net income: NT$132.2m (up 151% from 2Q 2022). Profit margin: 24% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 03Upcoming dividend of NT$2.80 per share at 1.9% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 26 July 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).공시 • Jun 21Jpp Holding Company Limited Announces Cash Dividends, Payment Date of Cash Dividend Distribution Is July 26, 2023JPP Holding Company Limited announced Cash dividends of TWD 134,200,808. (TWD 2.8 per share) of common stock. Ex-rights (ex-dividend) trading date is July 10, 2023. Last date before book closure is July 11, 2023. Payment date of cash dividend distribution is July 26, 2023.Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 294% over the past three years.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 54% over the past three years.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.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. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$56.60, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.79 in 2Q 2021). Revenue: NT$391.2m (up 21% from 2Q 2021). Net income: NT$52.7m (up 54% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 15Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 17 August 2022. Payout ratio and cash payout ratio are on the higher end at 80% and 85% respectively. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).공시 • Jun 25JPP Holding Company Limited Approves Cash Dividend for 2021JPP Holding Company Limited at its AGM held on June 23, 2022, approved cash dividend of TWD 2.30 per share for shareholders for 2021.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.25 in 1Q 2021)First quarter 2022 results: EPS: NT$1.12 (down from NT$1.25 in 1Q 2021). Revenue: NT$391.4m (up 7.8% from 1Q 2021). Net income: NT$49.0m (down 10% from 1Q 2021). Profit margin: 13% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.Price Target Changed • Apr 27Price target decreased to NT$50.00Down from NT$71.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of NT$43.40. Stock is down 5.8% over the past year. The company posted earnings per share of NT$3.00 last year.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$3.00 (vs NT$2.65 in FY 2020)Full year 2021 results: EPS: NT$3.00 (up from NT$2.65 in FY 2020). Revenue: NT$1.35b (up 7.3% from FY 2020). Net income: NT$130.9m (up 13% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$320.8m (up 22% from 3Q 2020). Net income: NT$36.1m (up 157% from 3Q 2020). Profit margin: 11% (up from 5.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$323.6m (flat on 2Q 2020). Net income: NT$34.3m (up 59% from 2Q 2020). Profit margin: 11% (up from 6.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% 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.Upcoming Dividend • Aug 02Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.25 (vs NT$1.29 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$363.1m (up 6.9% from 1Q 2020). Net income: NT$54.5m (down 3.2% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% 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.분석 기사 • Apr 12Is JPP Holding (TPE:5284) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$2.65 (vs NT$2.31 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.26b (down 12% from FY 2019). Net income: NT$115.9m (up 27% from FY 2019). Profit margin: 9.2% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 23Returns On Capital At JPP Holding (TPE:5284) Paint A Concerning PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Feb 26JPP Holding Company Limited's (TPE:5284) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?JPP Holding's (TPE:5284) stock is up by a considerable 8.1% over the past month. We, however wanted to have a closer...Is New 90 Day High Low • Feb 19New 90-day high: NT$36.30The company is up 6.0% from its price of NT$34.35 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.분석 기사 • Feb 08Something To Consider Before Buying JPP Holding Company Limited (TPE:5284) For The 5.4% DividendDividend paying stocks like JPP Holding Company Limited ( TPE:5284 ) tend to be popular with investors, and for good...분석 기사 • Jan 22JPP Holding's(TPE:5284) Share Price Is Down 53% Over The Past Five Years.Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...분석 기사 • Jan 07JPP Holding (TPE:5284) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...분석 기사 • Dec 23Our Take On The Returns On Capital At JPP Holding (TPE:5284)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Is New 90 Day High Low • Dec 16New 90-day high: NT$36.15The company is up 4.0% from its price of NT$34.60 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.분석 기사 • Dec 08Does JPP Holding's (TPE:5284) Statutory Profit Adequately Reflect Its Underlying Profit?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...Is New 90 Day High Low • Nov 27New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.60 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.분석 기사 • Nov 23Can JPP Holding Company Limited's (TPE:5284) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?Most readers would already be aware that JPP Holding's (TPE:5284) stock increased significantly by 5.3% over the past...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$262.8m (down 29% from 3Q 2019). Net income: NT$14.0m (down 45% from 3Q 2019). Profit margin: 5.3% (down from 6.9% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.Is New 90 Day High Low • Oct 16New 90-day low: NT$33.45The company is down 17% from its price of NT$40.30 on 17 July 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 4.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: NT$33.80The company is down 21% from its price of NT$42.75 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.매출 및 비용 세부 내역JPP Holding가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이TWSE:5284 매출, 비용 및 순이익 (TWD Millions)날짜매출순이익일반관리비연구개발비31 Mar 264,0917086792931 Dec 253,7316185932930 Sep 253,3005425192930 Jun 252,9653334032931 Mar 252,5922384052831 Dec 242,388496102730 Sep 242,172-225522630 Jun 242,201975912531 Mar 242,2932185892531 Dec 232,2493993662430 Sep 232,2854633972330 Jun 232,1283953512231 Mar 231,9573153172231 Dec 221,7892443042130 Sep 221,6141832892130 Jun 221,4471442742131 Mar 221,3791252702131 Dec 211,3511312622030 Sep 211,3421522402030 Jun 211,2841292522031 Mar 211,2831152492031 Dec 201,2591162642030 Sep 201,281952792030 Jun 201,3901062832031 Mar 201,4241112872131 Dec 191,438912902130 Sep 191,3901072762130 Jun 191,3551222592031 Mar 191,2821462502031 Dec 181,2181472171930 Sep 181,2381652071830 Jun 181,2371812061831 Mar 181,2732021981731 Dec 171,2742051971730 Sep 171,2322111941630 Jun 171,2121901931631 Mar 171,1841611871631 Dec 161,1831611831530 Sep 161,2131471781530 Jun 161,2031761691631 Mar 161,2041821721531 Dec 151,2041751741530 Sep 151,1551791751330 Jun 151,13215217512양질의 수익: 5284의 비현금 수익 수준이 높습니다.이익 마진 증가: 5284의 현재 순 이익률 (17.3%)은 지난해 (9.2%)보다 높습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: 5284의 수익은 지난 5년 동안 연평균 26.4%로 크게 증가했습니다.성장 가속화: 지난 1년간 5284 의 수익 증가율(198%)은 연간 평균(26.4%)을 초과합니다.수익 대 산업: 5284의 지난 1년 수익 증가율(198%)은 Electronic 업계의 -3.9%를 상회했습니다.자기자본이익률높은 ROE: 5284의 자본 수익률(18.2%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YTech 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 15:07종가2026/05/21 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스JPP Holding Company Limited는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Jianhong WuCapital Securities CorporationLisa HsiehMasterlink Securities Investment AdvisoryDe Yu PuYuanta Research
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.
Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
공시 • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025
Price Target Changed • May 20Price target increased by 12% to NT$380Up from NT$340, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$363. Stock is up 127% over the past year. The company posted earnings per share of NT$12.06 last year.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$4.00 (vs NT$2.52 in 1Q 2025)First quarter 2026 results: EPS: NT$4.00 (up from NT$2.52 in 1Q 2025). Revenue: NT$1.17b (up 45% from 1Q 2025). Net income: NT$218.4m (up 71% from 1Q 2025). Profit margin: 19% (up from 16% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 24% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Apr 22New 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 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 24%After last week's 24% share price gain to NT$379, the stock trades at a trailing P/E ratio of 32.4x. Average forward P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past three years.
New Risk • Mar 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.8% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$12.05 (vs NT$1.02 in FY 2024)Full year 2025 results: EPS: NT$12.05 (up from NT$1.02 in FY 2024). Revenue: NT$3.73b (up 56% from FY 2024). Net income: NT$618.2m (up NT$568.9m from FY 2024). Profit margin: 17% (up from 2.1% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 18% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Mar 12JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026JPP Holding Company Limited, Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city Taiwan
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$4.56 (vs NT$0.50 in 3Q 2024)Third quarter 2025 results: EPS: NT$4.56 (up from NT$0.50 in 3Q 2024). Revenue: NT$950.1m (up 54% from 3Q 2024). Net income: NT$232.6m (up NT$208.8m from 3Q 2024). Profit margin: 25% (up from 3.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 74% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$317, the stock trades at a trailing P/E ratio of 48.4x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 558% over the past three years.
Price Target Changed • Sep 23Price target increased by 7.5% to NT$280Up from NT$260, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NT$287. Stock is up 130% over the past year. The company posted earnings per share of NT$1.02 last year.
New Risk • Sep 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (7.6% average weekly change).
Reported Earnings • Sep 02Second quarter 2025 earnings released: EPS: NT$2.10 (vs NT$0.23 in 2Q 2024)Second quarter 2025 results: EPS: NT$2.10 (up from NT$0.23 in 2Q 2024). Revenue: NT$843.9m (up 79% from 2Q 2024). Net income: NT$106.9m (up NT$95.7m from 2Q 2024). Profit margin: 13% (up from 2.4% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 12% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 80% per year, which means it is well ahead of earnings.
New Risk • Aug 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (26% accrual ratio).
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$255, the stock trades at a trailing P/E ratio of 54.5x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 485% over the past three years.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.48 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 13 August 2025. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (3.1%).
Declared Dividend • Jun 25Dividend reduced to NT$1.50Dividend of NT$1.50 is 70% lower than last year. Ex-date: 18th July 2025 Payment date: 13th August 2025 Dividend yield will be 0.7%, which is lower than the industry average of 4.0%.
공시 • Jun 20+ 2 more updatesJPP Holding Company Limited Announces Changes in Remuneration Committee, Effective June 18, 2025On June 18, 2025, JPP HOLDING COMPANY LIMITED announced the changes in its 5th Remuneration Committee. The previous position holders included independent directors Mr. Chen Shih-Chin. Mr. Chen Shih-Chin served as the Company's independent director. The new position holders are Mr. Lai Chen-Chu, Mr. Li Chou-Wei, Mr. Lai Chen-Chu was a Court Judge of Banqiao District Taiwan, and Mr. Li Chou-Wei was the Director of the Consultancy Department at R&K Consultants Limited and Mr. Wang Wen-Yuan, who is the Chief Financial Officer of TSRC Corporation. The effective date of the new members is June 18, 2025.
공시 • Jun 19+ 1 more updateJPP Holding Company Limited Approves Cash Dividend for Year 2024JPP Holding Company Limited at its AGM held on June 18, 2025, approved Cash dividend of TWD 1.5 per share for year 2024.
Valuation Update With 7 Day Price Move • Jun 06Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$180, the stock trades at a trailing P/E ratio of 38.6x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 374% over the past three years.
New Risk • May 28New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.9% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.9% operating cash flow to total debt). High level of non-cash earnings (26% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.2% average weekly change).
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.51 (vs NT$1.26 loss in 1Q 2024)First quarter 2025 results: EPS: NT$2.51 (up from NT$1.26 loss in 1Q 2024). Revenue: NT$806.3m (up 34% from 1Q 2024). Net income: NT$128.1m (up NT$188.5m from 1Q 2024). Profit margin: 16% (up from net loss in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 51% per year, which means it is well ahead of earnings.
공시 • Apr 30JPP Holding Company Limited to Report Q1, 2025 Results on May 08, 2025JPP Holding Company Limited announced that they will report Q1, 2025 results on May 08, 2025
New Risk • Apr 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 7.9% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (7.9% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (2.1% net profit margin).
New Risk • Apr 06New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 147% Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Profit margins are more than 30% lower than last year (2.1% net profit margin).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$1.02 (vs NT$8.33 in FY 2023)Full year 2024 results: EPS: NT$1.02 (down from NT$8.33 in FY 2023). Revenue: NT$2.39b (up 6.2% from FY 2023). Net income: NT$49.2m (down 88% from FY 2023). Profit margin: 2.1% (down from 18% in FY 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 51% per year, which means it is well ahead of earnings.
공시 • Mar 14JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025JPP Holding Company Limited, Annual General Meeting, Jun 18, 2025. Location: 11 floor no,350, sung chiang rd., jhongshan district, taipei city Taiwan
New Risk • Jan 03New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 6.3% 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: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.2% average weekly change). Shareholders have been diluted in the past year (6.3% increase in shares outstanding).
공시 • Dec 11JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million.JPP Holding Company Limited has completed a Follow-on Equity Offering in the amount of TWD 339 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 2,400,000 Price\Range: TWD 113 Security Name: Shares Security Type: Common Stock Securities Offered: 300,000 Price\Range: TWD 113 Transaction Features: Rights Offering
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$0.50 (vs NT$2.99 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.50 (down from NT$2.99 in 3Q 2023). Revenue: NT$615.4m (down 4.5% from 3Q 2023). Net income: NT$23.9m (down 83% from 3Q 2023). Profit margin: 3.9% (down from 22% in 3Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Oct 30JPP Holding Company Limited to Report Q3, 2024 Results on Nov 07, 2024JPP Holding Company Limited announced that they will report Q3, 2024 results on Nov 07, 2024
분석 기사 • Oct 24Revenues Not Telling The Story For JPP Holding Company Limited (TWSE:5284) After Shares Rise 27%JPP Holding Company Limited ( TWSE:5284 ) shareholders have had their patience rewarded with a 27% share price jump in...
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$149, the stock trades at a trailing P/E ratio of 73.2x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 273% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$98.46 per share.
Buy Or Sell Opportunity • Sep 16Now 25% overvaluedOver the last 90 days, the stock has fallen 3.1% to NT$124. The fair value is estimated to be NT$98.84, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 24%.
공시 • Aug 14JPP Holding Company Limited to Report Q2, 2024 Results on Aug 22, 2024JPP Holding Company Limited announced that they will report Q2, 2024 results on Aug 22, 2024
Buy Or Sell Opportunity • Aug 07Now 25% overvaluedOver the last 90 days, the stock has fallen 19% to NT$107. The fair value is estimated to be NT$85.89, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 24% over the last 3 years. Earnings per share has grown by 39%.
분석 기사 • Aug 06Slowing Rates Of Return At JPP Holding (TWSE:5284) Leave Little Room For ExcitementIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$97.70, the stock trades at a trailing P/E ratio of 21.5x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 156% over the past three years.
분석 기사 • Jun 23JPP Holding (TWSE:5284) Is Paying Out A Larger Dividend Than Last YearJPP Holding Company Limited ( TWSE:5284 ) has announced that it will be increasing its dividend from last year's...
Declared Dividend • Jun 22Dividend increased to NT$5.00Dividend of NT$5.00 is 79% higher than last year. Ex-date: 10th July 2024 Payment date: 31st July 2024 Dividend yield will be 4.0%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (110% earnings payout ratio) nor is it covered by cash flows (256% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 9 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 22% to bring the payout ratio under control, which is more than the 4.2% EPS growth achieved over the last 5 years.
Reported Earnings • May 18First quarter 2024 earnings released: NT$1.26 loss per share (vs NT$2.52 profit in 1Q 2023)First quarter 2024 results: NT$1.26 loss per share (down from NT$2.52 profit in 1Q 2023). Revenue: NT$602.5m (up 7.8% from 1Q 2023). Net loss: NT$60.4m (down 150% from profit in 1Q 2023). Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 39% per year whereas the company’s share price has increased by 43% per year.
Valuation Update With 7 Day Price Move • May 13Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$126, the stock trades at a trailing P/E ratio of 15.1x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 241% over the past three years.
공시 • May 03JPP Holding Company Limited to Report Q1, 2024 Results on May 09, 2024JPP Holding Company Limited announced that they will report Q1, 2024 results on May 09, 2024
분석 기사 • Apr 28Slammed 27% JPP Holding Company Limited (TWSE:5284) Screens Well Here But There Might Be A CatchJPP Holding Company Limited ( TWSE:5284 ) shares have retraced a considerable 27% in the last month, reversing a fair...
Valuation Update With 7 Day Price Move • Apr 19Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$168, the stock trades at a trailing P/E ratio of 20.1x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 298% over the past three years.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.33 (vs NT$5.45 in FY 2022)Full year 2023 results: EPS: NT$8.33 (up from NT$5.45 in FY 2022). Revenue: NT$2.25b (up 26% from FY 2022). Net income: NT$399.4m (up 64% from FY 2022). Profit margin: 18% (up from 14% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 68% per year, which means it is tracking significantly ahead of earnings growth.
분석 기사 • Mar 13A Piece Of The Puzzle Missing From JPP Holding Company Limited's (TWSE:5284) 37% Share Price ClimbJPP Holding Company Limited ( TWSE:5284 ) shares have continued their recent momentum with a 37% gain in the last month...
공시 • Mar 13JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024JPP Holding Company Limited, Annual General Meeting, Jun 20, 2024. Location: 8th Fl., No. 350, Songjiang Rd., Zhongshan Dist Taiwan R.O.C Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit committee's review of the 2023 annual final accounting books and statements; to consider report on 2023 employees' and directors' remuneration; to consider report on amendments to the company's the governing procedure of board; to acknowledge the 4th quarter of 2023 restated consolidated financial statements; to consider the 2023 annual final accounting books and statements; to consider the 2023 earnings distribution; and to consider other issues.
Valuation Update With 7 Day Price Move • Mar 07Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$228, the stock trades at a trailing P/E ratio of 23.6x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 528% over the past three years.
분석 기사 • Mar 01If EPS Growth Is Important To You, JPP Holding (TWSE:5284) Presents An OpportunityIt's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$173, the stock trades at a trailing P/E ratio of 17.9x. Average forward P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 437% over the past three years.
New Risk • Feb 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 5.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.7% average weekly change).
Valuation Update With 7 Day Price Move • Jan 25Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$130, the stock trades at a trailing P/E ratio of 13.4x. Average forward P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 317% over the past three years.
New Risk • Nov 30New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (4.2% increase in shares outstanding).
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$2.99 (vs NT$1.69 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.99 (up from NT$1.69 in 3Q 2022). Revenue: NT$644.6m (up 32% from 3Q 2022). Net income: NT$143.2m (up 90% from 3Q 2022). Profit margin: 22% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 9.2% growth forecast for the Electronic industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 55% per year.
Reported Earnings • Aug 26Second quarter 2023 earnings released: EPS: NT$2.76 (vs NT$1.21 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.76 (up from NT$1.21 in 2Q 2022). Revenue: NT$562.1m (up 44% from 2Q 2022). Net income: NT$132.2m (up 151% from 2Q 2022). Profit margin: 24% (up from 14% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.80 per share at 1.9% yieldEligible shareholders must have bought the stock before 10 July 2023. Payment date: 26 July 2023. Payout ratio is a comfortable 41% but the company is not cash flow positive. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
공시 • Jun 21Jpp Holding Company Limited Announces Cash Dividends, Payment Date of Cash Dividend Distribution Is July 26, 2023JPP Holding Company Limited announced Cash dividends of TWD 134,200,808. (TWD 2.8 per share) of common stock. Ex-rights (ex-dividend) trading date is July 10, 2023. Last date before book closure is July 11, 2023. Payment date of cash dividend distribution is July 26, 2023.
Valuation Update With 7 Day Price Move • May 10Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$140, the stock trades at a trailing P/E ratio of 27.4x. Average forward P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 294% over the past three years.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$66.70, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 54% over the past three years.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
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. 5 experienced directors. 2 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. 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$1.69 (vs NT$0.83 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.69 (up from NT$0.83 in 3Q 2021). Revenue: NT$487.6m (up 52% from 3Q 2021). Net income: NT$75.4m (up 109% from 3Q 2021). Profit margin: 16% (up from 11% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Sep 12Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$56.60, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 19% over the past three years.
Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.21 (up from NT$0.79 in 2Q 2021). Revenue: NT$391.2m (up 21% from 2Q 2021). Net income: NT$52.7m (up 54% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 15Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 22 July 2022. Payment date: 17 August 2022. Payout ratio and cash payout ratio are on the higher end at 80% and 85% respectively. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (6.8%). In line with average of industry peers (4.8%).
공시 • Jun 25JPP Holding Company Limited Approves Cash Dividend for 2021JPP Holding Company Limited at its AGM held on June 23, 2022, approved cash dividend of TWD 2.30 per share for shareholders for 2021.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.25 in 1Q 2021)First quarter 2022 results: EPS: NT$1.12 (down from NT$1.25 in 1Q 2021). Revenue: NT$391.4m (up 7.8% from 1Q 2021). Net income: NT$49.0m (down 10% from 1Q 2021). Profit margin: 13% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
Price Target Changed • Apr 27Price target decreased to NT$50.00Down from NT$71.00, the current price target is provided by 1 analyst. New target price is 15% above last closing price of NT$43.40. Stock is down 5.8% over the past year. The company posted earnings per share of NT$3.00 last year.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 3 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jack Lai was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 30Full year 2021 earnings released: EPS: NT$3.00 (vs NT$2.65 in FY 2020)Full year 2021 results: EPS: NT$3.00 (up from NT$2.65 in FY 2020). Revenue: NT$1.35b (up 7.3% from FY 2020). Net income: NT$130.9m (up 13% from FY 2020). Profit margin: 9.7% (in line with FY 2020). Over the next year, revenue is forecast to grow 13%, compared to a 10% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 8% per year.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.83 (vs NT$0.32 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$320.8m (up 22% from 3Q 2020). Net income: NT$36.1m (up 157% from 3Q 2020). Profit margin: 11% (up from 5.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Aug 31Second quarter 2021 earnings released: EPS NT$0.79 (vs NT$0.49 in 2Q 2020)The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$323.6m (flat on 2Q 2020). Net income: NT$34.3m (up 59% from 2Q 2020). Profit margin: 11% (up from 6.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 20% 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.
Upcoming Dividend • Aug 02Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 09 August 2021. Payment date: 03 September 2021. Trailing yield: 4.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.25 (vs NT$1.29 in 1Q 2020)The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$363.1m (up 6.9% from 1Q 2020). Net income: NT$54.5m (down 3.2% from 1Q 2020). Profit margin: 15% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 26% 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.
분석 기사 • Apr 12Is JPP Holding (TPE:5284) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$2.65 (vs NT$2.31 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.26b (down 12% from FY 2019). Net income: NT$115.9m (up 27% from FY 2019). Profit margin: 9.2% (up from 6.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 23Returns On Capital At JPP Holding (TPE:5284) Paint A Concerning PictureIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Feb 26JPP Holding Company Limited's (TPE:5284) Stock Going Strong But Fundamentals Look Weak: What Implications Could This Have On The Stock?JPP Holding's (TPE:5284) stock is up by a considerable 8.1% over the past month. We, however wanted to have a closer...
Is New 90 Day High Low • Feb 19New 90-day high: NT$36.30The company is up 6.0% from its price of NT$34.35 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period.
분석 기사 • Feb 08Something To Consider Before Buying JPP Holding Company Limited (TPE:5284) For The 5.4% DividendDividend paying stocks like JPP Holding Company Limited ( TPE:5284 ) tend to be popular with investors, and for good...
분석 기사 • Jan 22JPP Holding's(TPE:5284) Share Price Is Down 53% Over The Past Five Years.Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
분석 기사 • Jan 07JPP Holding (TPE:5284) Takes On Some Risk With Its Use Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
분석 기사 • Dec 23Our Take On The Returns On Capital At JPP Holding (TPE:5284)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Is New 90 Day High Low • Dec 16New 90-day high: NT$36.15The company is up 4.0% from its price of NT$34.60 on 17 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period.
분석 기사 • Dec 08Does JPP Holding's (TPE:5284) Statutory Profit Adequately Reflect Its Underlying Profit?Broadly speaking, profitable businesses are less risky than unprofitable ones. That said, the current statutory profit...
Is New 90 Day High Low • Nov 27New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.60 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 6.0% over the same period.
분석 기사 • Nov 23Can JPP Holding Company Limited's (TPE:5284) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price?Most readers would already be aware that JPP Holding's (TPE:5284) stock increased significantly by 5.3% over the past...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.32The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$262.8m (down 29% from 3Q 2019). Net income: NT$14.0m (down 45% from 3Q 2019). Profit margin: 5.3% (down from 6.9% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 19% per year, which means it has not declined as severely as earnings.
Is New 90 Day High Low • Oct 16New 90-day low: NT$33.45The company is down 17% from its price of NT$40.30 on 17 July 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 4.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: NT$33.80The company is down 21% from its price of NT$42.75 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.