View Financial HealthTop Bright Holding 배당 및 자사주 매입배당 기준 점검 2/6Top Bright Holding 수익으로 충분히 충당되는 현재 수익률 2.49% 보유한 배당금 지급 회사입니다.핵심 정보2.5%배당 수익률-1.1%자사주 매입 수익률총 주주 수익률1.4%미래 배당 수익률n/a배당 성장률-0.5%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향79%최근 배당 및 자사주 매입 업데이트Declared Dividend • Jun 30Dividend increased to NT$8.06Dividend of NT$8.06 is 102% higher than last year. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • Jun 27Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Upcoming Dividend • Sep 07Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 78%. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).Upcoming Dividend • Jul 12Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Upcoming Dividend • Nov 01Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (4.9%).Upcoming Dividend • Aug 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 09 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).모든 업데이트 보기Recent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.76 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.76 in 1Q 2025). Revenue: NT$909.6m (up 75% from 1Q 2025). Net income: NT$107.6m (down 6.2% from 1Q 2025). Profit margin: 12% (down from 22% in 1Q 2025). The decrease in margin was driven by higher expenses. 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 30% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$307, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 173% over the past three years.Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$10.13 (vs NT$11.14 in FY 2024)Full year 2025 results: EPS: NT$10.13 (down from NT$11.14 in FY 2024). Revenue: NT$2.91b (up 43% from FY 2024). Net income: NT$418.0m (down 9.6% from FY 2024). Profit margin: 14% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.공시 • Mar 13Top Bright Holding Co., Ltd., Annual General Meeting, Jun 23, 2026Top Bright Holding Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: 2 floor no,1, wu ch`uan rd., wugu district, new taipei city TaiwanValuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$331, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 192% over the past three years.New Risk • Dec 29New 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 8.5% 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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 12% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (24% increase in shares outstanding).Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$282, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$2.93 (vs NT$2.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.93 (up from NT$2.30 in 3Q 2024). Revenue: NT$747.2m (up 37% from 3Q 2024). Net income: NT$120.6m (up 26% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$303, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 186% over the past three years.New Risk • Sep 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: NT$0.65 (vs NT$1.99 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.65 (down from NT$1.99 in 2Q 2024). Revenue: NT$513.1m (down 2.3% from 2Q 2024). Net income: NT$26.8m (down 68% from 2Q 2024). Profit margin: 5.2% (down from 16% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$326, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$241, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.Declared Dividend • Jun 30Dividend increased to NT$8.06Dividend of NT$8.06 is 102% higher than last year. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$174, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.76 (vs NT$2.42 in 1Q 2024)First quarter 2025 results: EPS: NT$2.76 (up from NT$2.42 in 1Q 2024). Revenue: NT$518.4m (up 26% from 1Q 2024). Net income: NT$114.6m (up 14% from 1Q 2024). Profit margin: 22% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.공시 • May 07Top Bright Holding Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Top Bright Holding Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025공시 • Apr 12Top Bright Holding Co., Ltd. Announces Resignation of Tsui Chuan as Chief Internal Auditor, Effective April 11, 2025Top Bright Holding Co., Ltd. announced the change of chief internal auditor. Name, title, and resume of the previous position holder is Kang Tsui Chuan/chief internal auditor. Effective date is April 11, 2025.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$135, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 8.5% over the past three years.New Risk • Apr 07New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).공시 • Mar 26Top Bright Holding Co., Ltd. Approves the Change of Accounting OfficerTop Bright Holding Co., Ltd. appointed Chen Yu-Ling as Accounting Officer in place of Fu Xiuyue, effective March 13, 2025.Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$11.14 (vs NT$10.23 in FY 2023)Full year 2024 results: EPS: NT$11.14 (up from NT$10.23 in FY 2023). Revenue: NT$2.04b (up 10% from FY 2023). Net income: NT$462.2m (up 8.9% from FY 2023). Profit margin: 23% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.공시 • Mar 14+ 1 more updateTop Bright Holding Co., Ltd., Annual General Meeting, Jun 25, 2025Top Bright Holding Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: 2 floor no,1, wu ch`uan rd., wugu district, new taipei city Taiwan분석 기사 • Mar 03Top Bright Holding Co., Ltd.'s (TWSE:8499) Price Is Right But Growth Is Lacking After Shares Rocket 33%Top Bright Holding Co., Ltd. ( TWSE:8499 ) shareholders have had their patience rewarded with a 33% share price jump in...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$149, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 9.7% over the past three years.분석 기사 • Feb 21There Are Reasons To Feel Uneasy About Top Bright Holding's (TWSE:8499) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...공시 • Nov 23Top Bright Holding Co., Ltd. Approves the Resignation of Cai Jierou as Chief Accounting OfficerThe board of directors of Top Bright Holding Co., Ltd. has approved the resignation of Cai Jierou as Chief accounting officer, effective from November 22, 2024, Reason for the change: CareerPlan.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.30 (vs NT$2.76 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.30 (down from NT$2.76 in 3Q 2023). Revenue: NT$546.4m (up 14% from 3Q 2023). Net income: NT$95.5m (down 17% from 3Q 2023). Profit margin: 18% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.공시 • Nov 06Top Bright Holding Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Top Bright Holding Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: NT$1.99 (vs NT$3.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.99 (down from NT$3.61 in 2Q 2023). Revenue: NT$525.3m (up 2.5% from 2Q 2023). Net income: NT$82.5m (down 45% from 2Q 2023). Profit margin: 16% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.공시 • Aug 21Top Bright Holding Co., Ltd. to Report Q2, 2024 Results on Aug 28, 2024Top Bright Holding Co., Ltd. announced that they will report Q2, 2024 results on Aug 28, 2024Upcoming Dividend • Jun 27Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$2.42 (vs NT$1.87 in 1Q 2023)First quarter 2024 results: EPS: NT$2.42 (up from NT$1.87 in 1Q 2023). Revenue: NT$411.9m (up 6.3% from 1Q 2023). Net income: NT$100.4m (up 30% from 1Q 2023). Profit margin: 24% (up from 20% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.New Risk • Mar 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (23% net profit margin).Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.97 (vs NT$19.69 in FY 2022)Full year 2023 results: EPS: NT$8.97 (down from NT$19.69 in FY 2022). Revenue: NT$1.85b (down 20% from FY 2022). Net income: NT$424.5m (down 48% from FY 2022). Profit margin: 23% (down from 35% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.공시 • Mar 16Top Bright Holding Co., Ltd., Annual General Meeting, Jun 18, 2024Top Bright Holding Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: 2nd Floor, No. 1, Wuquan Road, Wugu District, New Taipei City (New Taipei City Industrial and Commercial Exhibition Center Conference Room) New Taipei City Taiwan Agenda: To consider 2023 Annual Business Report; The Audit Committee will review the 2023 final accounts report; 2023 Annual Report on Remuneration Distribution for Employees and Directors; Amendments to the report on the standards of Procedures of the Board of Directors; and to discuss other matters.New Risk • Nov 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.58 (vs NT$5.44 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.58 (down from NT$5.44 in 3Q 2022). Revenue: NT$480.0m (down 24% from 3Q 2022). Net income: NT$114.4m (down 49% from 3Q 2022). Profit margin: 24% (down from 36% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 07Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 78%. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).Reported Earnings • Sep 01Second quarter 2023 earnings released: EPS: NT$2.89 (vs NT$3.34 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.89 (down from NT$3.34 in 2Q 2022). Revenue: NT$512.4m (down 14% from 2Q 2022). Net income: NT$149.8m (down 14% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.공시 • Aug 31+ 2 more updatesTop Bright Holding Co., Ltd. Announces Change the General Manager of the Weighing Instrument BusinessTop Bright Holding Co., Ltd. announced the resignation of Fu Qingxuan/General Manager of Weighing Instrument Business/General Manager TScale Electronics Mfg (KunShan)Co.,Ltd. The company also appointed Fu Yiyang, General Manager of Weighing Instrument Business/General Manager TScale Electronics Mfg (KunShan)Co.,Ltd. Reason for the change: After Chairman Fu Qingxuan resigned as the manager of the original group, Fu Yiyang temporarily replaced the relevant weighing instrument business. The board of directors officially appointed Fu Yiyang as the general manager of the weighing instrument business, and concurrently as the general manager of an important subsidiary TScale Electronics Mfg (KunShan)Co.,Ltd. General Manager, Fu Yiyang was appointed by insiders on September 1, 2023.Upcoming Dividend • Jul 12Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).Reported Earnings • May 26Full year 2022 earnings released: EPS: NT$15.75 (vs NT$14.14 in FY 2021)Full year 2022 results: EPS: NT$15.75 (up from NT$14.14 in FY 2021). Revenue: NT$2.31b (down 13% from FY 2021). Net income: NT$816.6m (up 11% from FY 2021). Profit margin: 35% (up from 28% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less 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. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shang-Chih Hou was the last independent director to join the board, commencing their role in 2020. 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$4.35 (vs NT$4.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$4.35 (down from NT$4.50 in 3Q 2021). Revenue: NT$633.9m (down 13% from 3Q 2021). Net income: NT$225.5m (down 3.4% from 3Q 2021). Profit margin: 36% (up from 32% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Upcoming Dividend • Nov 01Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (4.9%).Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$3.33 (vs NT$2.90 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.33 (up from NT$2.90 in 2Q 2021). Revenue: NT$595.9m (down 4.1% from 2Q 2021). Net income: NT$173.3m (up 15% from 2Q 2021). Profit margin: 29% (up from 24% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.공시 • Aug 26Top Bright Holding Co., Ltd. Appoints Kang Zaixin as Chief Information Security OfficerTop Bright Holding Co., Ltd. announced the appointment of Kang Zaixin /Chief Financial Officer and Corporate Governance Supervisor of the company, as chief information security officer. Effective date is August 25, 2022.Board Change • Jul 03Less 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. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shang-Chih Hou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.공시 • Apr 04Top Bright Holding Co., Ltd. Announces the Suspension of Work to Cooperate with the Epidemic Prevention Policy on Behalf of the SubsidiariesTop Bright Holding Co., Ltd. announced that The company's subsidiaries in Kunshan, Suzhou, mainland China, TScale Electronics Mfg (KunShan) Co., Ltd./Longyoung Electronic (Kunshan) Co., Ltd., have temporarily suspended work from April 2 to April 6 due to cooperating with the local government's epidemic prevention policy. The company will closely observe the situation and cooperate with local government's policy to take measures to respond to the epidemic to ensure the safety and health of employees.Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$14.14 (vs NT$12.39 in FY 2020)Full year 2021 results: EPS: NT$14.14 (up from NT$12.39 in FY 2020). Revenue: NT$2.66b (up 13% from FY 2020). Net income: NT$733.2m (up 15% from FY 2020). Profit margin: 28% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$4.50 (vs NT$5.08 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$732.2m (up 1.6% from 3Q 2020). Net income: NT$233.3m (down 10% from 3Q 2020). Profit margin: 32% (down from 36% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year.Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS NT$2.90 (vs NT$3.61 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$621.3m (up 2.6% from 2Q 2020). Net income: NT$150.4m (down 19% from 2Q 2020). Profit margin: 24% (down from 31% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 21% per year.Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$111, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.Upcoming Dividend • Aug 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 09 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$119, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$3.14 (vs NT$1.74 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$583.9m (up 67% from 1Q 2020). Net income: NT$162.9m (up 83% from 1Q 2020). Profit margin: 28% (up from 26% in 1Q 2020). The increase in margin was driven by higher revenue. 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 19% per year, which means it is significantly lagging earnings growth.분석 기사 • Apr 21Is Top Bright Holding Co., Ltd. (TPE:8499) A Smart Pick For Income Investors?Could Top Bright Holding Co., Ltd. ( TPE:8499 ) be an attractive dividend share to own for the long haul? Investors are...Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$12.39 (vs NT$8.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.36b (up 27% from FY 2019). Net income: NT$636.2m (up 52% from FY 2019). Profit margin: 27% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.공시 • Mar 20Top Bright Holding Co., Ltd., Annual General Meeting, Jun 10, 2021Top Bright Holding Co., Ltd., Annual General Meeting, Jun 10, 2021. Location: 3F No. 631 Zhongzheng Road,Zhonghe District,New Taipei City 235 (RSL HOTEL TAIPEI ZHONGHE) Taiwan Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review report; to report 2020 employees' profit sharing bonus and directors' compensation; to consider LONGYOUNG Electronics (Kunshan) Co., Ltd. plans to be listed on the A-shares in Mainland China. According to local laws and regulations, TOP BRIGHT HOLDING CO., LTD., LONGYOUNG Electronics (Kunshan) Co., Ltd. and LONG YOUNG (SAMOA) HOLDING Co., Ltd. intend to issue commitments report.Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$153, the stock is trading at a trailing P/E ratio of 12.6x, up from the previous P/E ratio of 10.8x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 93%.Is New 90 Day High Low • Mar 10New 90-day high: NT$148The company is up 1.0% from its price of NT$147 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.분석 기사 • Jan 21Shareholders Of Top Bright Holding (TPE:8499) Must Be Happy With Their 58% ReturnTop Bright Holding Co., Ltd. ( TPE:8499 ) shareholders might be concerned after seeing the share price drop 14% in the...Is New 90 Day High Low • Jan 20New 90-day low: NT$125The company is down 14% from its price of NT$145 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.Is New 90 Day High Low • Jan 04New 90-day low: NT$137The company is down 5.0% from its price of NT$144 on 06 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 16% over the same period.분석 기사 • Dec 31Is There An Opportunity With Top Bright Holding Co., Ltd.'s (TPE:8499) 28% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Top Bright Holding...분석 기사 • Dec 17Top Bright Holding Co., Ltd.'s (TPE:8499) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?It is hard to get excited after looking at Top Bright Holding's (TPE:8499) recent performance, when its stock has...분석 기사 • Dec 02Does Top Bright Holding (TPE:8499) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...분석 기사 • Nov 19The Trends At Top Bright Holding (TPE:8499) That You Should Know AboutWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$5.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$720.8m (up 46% from 3Q 2019). Net income: NT$260.4m (up 76% from 3Q 2019). Profit margin: 36% (up from 30% in 3Q 2019). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to NT$171, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 14.5x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past year are 56%.Is New 90 Day High Low • Nov 04New 90-day high: NT$164The company is up 21% from its price of NT$136 on 06 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$90.85 per share.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 8499 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 8499 의 배당금 지급이 증가했지만 회사는 8 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Top Bright Holding 배당 수익률 vs 시장8499의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (8499)2.5%시장 하위 25% (TW)1.4%시장 상위 25% (TW)5.0%업계 평균 (Electronic)1.2%분석가 예측 (8499) (최대 3년)n/a주목할만한 배당금: 8499 의 배당금( 2.49% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.36% )보다 높습니다.고배당: 8499 의 배당금( 2.49% )은 TW 시장에서 배당금 지급자의 상위 25%( 4.98% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 현재 지불 비율 ( 78.6% )에서 8499 의 지불은 수입으로 충당됩니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 393.6% )이 높기 때문에 8499 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 분석2026/05/31 22:41종가2026/05/29 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 소스Top Bright Holding Co., Ltd.는 2명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Chia-Teng WangSinoPac Securities Investment ServiceQiwei KaoYuanta Research
Declared Dividend • Jun 30Dividend increased to NT$8.06Dividend of NT$8.06 is 102% higher than last year. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • Jun 27Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Upcoming Dividend • Sep 07Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 78%. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).
Upcoming Dividend • Jul 12Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Upcoming Dividend • Nov 01Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (4.9%).
Upcoming Dividend • Aug 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 09 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$2.00 (vs NT$2.76 in 1Q 2025)First quarter 2026 results: EPS: NT$2.00 (down from NT$2.76 in 1Q 2025). Revenue: NT$909.6m (up 75% from 1Q 2025). Net income: NT$107.6m (down 6.2% from 1Q 2025). Profit margin: 12% (down from 22% in 1Q 2025). The decrease in margin was driven by higher expenses. 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 30% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • May 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$307, the stock trades at a trailing P/E ratio of 30.2x. Average trailing P/E is 31x in the Electronic industry in Taiwan. Total returns to shareholders of 173% over the past three years.
Reported Earnings • Mar 28Full year 2025 earnings released: EPS: NT$10.13 (vs NT$11.14 in FY 2024)Full year 2025 results: EPS: NT$10.13 (down from NT$11.14 in FY 2024). Revenue: NT$2.91b (up 43% from FY 2024). Net income: NT$418.0m (down 9.6% from FY 2024). Profit margin: 14% (down from 23% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
공시 • Mar 13Top Bright Holding Co., Ltd., Annual General Meeting, Jun 23, 2026Top Bright Holding Co., Ltd., Annual General Meeting, Jun 23, 2026. Location: 2 floor no,1, wu ch`uan rd., wugu district, new taipei city Taiwan
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$331, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 192% over the past three years.
New Risk • Dec 29New 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 8.5% 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 Share price has been highly volatile over the past 3 months (8.5% average weekly change). Earnings have declined by 12% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (24% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$282, the stock trades at a trailing P/E ratio of 26x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years.
Reported Earnings • Nov 16Third quarter 2025 earnings released: EPS: NT$2.93 (vs NT$2.30 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.93 (up from NT$2.30 in 3Q 2024). Revenue: NT$747.2m (up 37% from 3Q 2024). Net income: NT$120.6m (up 26% from 3Q 2024). Profit margin: 16% (down from 18% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 15Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$303, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 22x in the Electronic industry in Taiwan. Total returns to shareholders of 186% over the past three years.
New Risk • Sep 18New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 9.5% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (135% cash payout ratio). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • Aug 31Second quarter 2025 earnings released: EPS: NT$0.65 (vs NT$1.99 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.65 (down from NT$1.99 in 2Q 2024). Revenue: NT$513.1m (down 2.3% from 2Q 2024). Net income: NT$26.8m (down 68% from 2Q 2024). Profit margin: 5.2% (down from 16% in 2Q 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 28Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$326, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 180% over the past three years.
Valuation Update With 7 Day Price Move • Jul 11Investor sentiment improves as stock rises 31%After last week's 31% share price gain to NT$241, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 100% over the past three years.
Declared Dividend • Jun 30Dividend increased to NT$8.06Dividend of NT$8.06 is 102% higher than last year. Ex-date: 11th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (70% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 6.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Valuation Update With 7 Day Price Move • Jun 27Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$174, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$2.76 (vs NT$2.42 in 1Q 2024)First quarter 2025 results: EPS: NT$2.76 (up from NT$2.42 in 1Q 2024). Revenue: NT$518.4m (up 26% from 1Q 2024). Net income: NT$114.6m (up 14% from 1Q 2024). Profit margin: 22% (down from 24% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
공시 • May 07Top Bright Holding Co., Ltd. to Report Q1, 2025 Results on May 13, 2025Top Bright Holding Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025
공시 • Apr 12Top Bright Holding Co., Ltd. Announces Resignation of Tsui Chuan as Chief Internal Auditor, Effective April 11, 2025Top Bright Holding Co., Ltd. announced the change of chief internal auditor. Name, title, and resume of the previous position holder is Kang Tsui Chuan/chief internal auditor. Effective date is April 11, 2025.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$135, the stock trades at a trailing P/E ratio of 9.7x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 8.5% over the past three years.
New Risk • Apr 07New 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 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.7% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change).
공시 • Mar 26Top Bright Holding Co., Ltd. Approves the Change of Accounting OfficerTop Bright Holding Co., Ltd. appointed Chen Yu-Ling as Accounting Officer in place of Fu Xiuyue, effective March 13, 2025.
Reported Earnings • Mar 20Full year 2024 earnings released: EPS: NT$11.14 (vs NT$10.23 in FY 2023)Full year 2024 results: EPS: NT$11.14 (up from NT$10.23 in FY 2023). Revenue: NT$2.04b (up 10% from FY 2023). Net income: NT$462.2m (up 8.9% from FY 2023). Profit margin: 23% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
공시 • Mar 14+ 1 more updateTop Bright Holding Co., Ltd., Annual General Meeting, Jun 25, 2025Top Bright Holding Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: 2 floor no,1, wu ch`uan rd., wugu district, new taipei city Taiwan
분석 기사 • Mar 03Top Bright Holding Co., Ltd.'s (TWSE:8499) Price Is Right But Growth Is Lacking After Shares Rocket 33%Top Bright Holding Co., Ltd. ( TWSE:8499 ) shareholders have had their patience rewarded with a 33% share price jump in...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$149, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 9.7% over the past three years.
분석 기사 • Feb 21There Are Reasons To Feel Uneasy About Top Bright Holding's (TWSE:8499) Returns On CapitalIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
공시 • Nov 23Top Bright Holding Co., Ltd. Approves the Resignation of Cai Jierou as Chief Accounting OfficerThe board of directors of Top Bright Holding Co., Ltd. has approved the resignation of Cai Jierou as Chief accounting officer, effective from November 22, 2024, Reason for the change: CareerPlan.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: NT$2.30 (vs NT$2.76 in 3Q 2023)Third quarter 2024 results: EPS: NT$2.30 (down from NT$2.76 in 3Q 2023). Revenue: NT$546.4m (up 14% from 3Q 2023). Net income: NT$95.5m (down 17% from 3Q 2023). Profit margin: 18% (down from 24% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
공시 • Nov 06Top Bright Holding Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Top Bright Holding Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Aug 29Second quarter 2024 earnings released: EPS: NT$1.99 (vs NT$3.61 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.99 (down from NT$3.61 in 2Q 2023). Revenue: NT$525.3m (up 2.5% from 2Q 2023). Net income: NT$82.5m (down 45% from 2Q 2023). Profit margin: 16% (down from 29% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings.
공시 • Aug 21Top Bright Holding Co., Ltd. to Report Q2, 2024 Results on Aug 28, 2024Top Bright Holding Co., Ltd. announced that they will report Q2, 2024 results on Aug 28, 2024
Upcoming Dividend • Jun 27Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.6%).
Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$2.42 (vs NT$1.87 in 1Q 2023)First quarter 2024 results: EPS: NT$2.42 (up from NT$1.87 in 1Q 2023). Revenue: NT$411.9m (up 6.3% from 1Q 2023). Net income: NT$100.4m (up 30% from 1Q 2023). Profit margin: 24% (up from 20% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 9% per year.
New Risk • Mar 19New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 23% Last year net profit margin: 35% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (23% net profit margin).
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: NT$8.97 (vs NT$19.69 in FY 2022)Full year 2023 results: EPS: NT$8.97 (down from NT$19.69 in FY 2022). Revenue: NT$1.85b (down 20% from FY 2022). Net income: NT$424.5m (down 48% from FY 2022). Profit margin: 23% (down from 35% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 14% per year, which means it is performing significantly worse than earnings.
공시 • Mar 16Top Bright Holding Co., Ltd., Annual General Meeting, Jun 18, 2024Top Bright Holding Co., Ltd., Annual General Meeting, Jun 18, 2024. Location: 2nd Floor, No. 1, Wuquan Road, Wugu District, New Taipei City (New Taipei City Industrial and Commercial Exhibition Center Conference Room) New Taipei City Taiwan Agenda: To consider 2023 Annual Business Report; The Audit Committee will review the 2023 final accounts report; 2023 Annual Report on Remuneration Distribution for Employees and Directors; Amendments to the report on the standards of Procedures of the Board of Directors; and to discuss other matters.
New Risk • Nov 08New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 22% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Nov 08Third quarter 2023 earnings released: EPS: NT$2.58 (vs NT$5.44 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.58 (down from NT$5.44 in 3Q 2022). Revenue: NT$480.0m (down 24% from 3Q 2022). Net income: NT$114.4m (down 49% from 3Q 2022). Profit margin: 24% (down from 36% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 07Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 14 September 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 17% and the cash payout ratio is 78%. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.1%).
Reported Earnings • Sep 01Second quarter 2023 earnings released: EPS: NT$2.89 (vs NT$3.34 in 2Q 2022)Second quarter 2023 results: EPS: NT$2.89 (down from NT$3.34 in 2Q 2022). Revenue: NT$512.4m (down 14% from 2Q 2022). Net income: NT$149.8m (down 14% from 2Q 2022). Profit margin: 29% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
공시 • Aug 31+ 2 more updatesTop Bright Holding Co., Ltd. Announces Change the General Manager of the Weighing Instrument BusinessTop Bright Holding Co., Ltd. announced the resignation of Fu Qingxuan/General Manager of Weighing Instrument Business/General Manager TScale Electronics Mfg (KunShan)Co.,Ltd. The company also appointed Fu Yiyang, General Manager of Weighing Instrument Business/General Manager TScale Electronics Mfg (KunShan)Co.,Ltd. Reason for the change: After Chairman Fu Qingxuan resigned as the manager of the original group, Fu Yiyang temporarily replaced the relevant weighing instrument business. The board of directors officially appointed Fu Yiyang as the general manager of the weighing instrument business, and concurrently as the general manager of an important subsidiary TScale Electronics Mfg (KunShan)Co.,Ltd. General Manager, Fu Yiyang was appointed by insiders on September 1, 2023.
Upcoming Dividend • Jul 12Upcoming dividend of NT$2.00 per share at 2.0% yieldEligible shareholders must have bought the stock before 19 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.2%).
Reported Earnings • May 26Full year 2022 earnings released: EPS: NT$15.75 (vs NT$14.14 in FY 2021)Full year 2022 results: EPS: NT$15.75 (up from NT$14.14 in FY 2021). Revenue: NT$2.31b (down 13% from FY 2021). Net income: NT$816.6m (up 11% from FY 2021). Profit margin: 35% (up from 28% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less 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. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shang-Chih Hou was the last independent director to join the board, commencing their role in 2020. 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$4.35 (vs NT$4.50 in 3Q 2021)Third quarter 2022 results: EPS: NT$4.35 (down from NT$4.50 in 3Q 2021). Revenue: NT$633.9m (down 13% from 3Q 2021). Net income: NT$225.5m (down 3.4% from 3Q 2021). Profit margin: 36% (up from 32% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Nov 01Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 08 November 2022. Payment date: 12 December 2022. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (7.4%). Higher than average of industry peers (4.9%).
Reported Earnings • Aug 30Second quarter 2022 earnings released: EPS: NT$3.33 (vs NT$2.90 in 2Q 2021)Second quarter 2022 results: EPS: NT$3.33 (up from NT$2.90 in 2Q 2021). Revenue: NT$595.9m (down 4.1% from 2Q 2021). Net income: NT$173.3m (up 15% from 2Q 2021). Profit margin: 29% (up from 24% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
공시 • Aug 26Top Bright Holding Co., Ltd. Appoints Kang Zaixin as Chief Information Security OfficerTop Bright Holding Co., Ltd. announced the appointment of Kang Zaixin /Chief Financial Officer and Corporate Governance Supervisor of the company, as chief information security officer. Effective date is August 25, 2022.
Board Change • Jul 03Less 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. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Shang-Chih Hou was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
공시 • Apr 04Top Bright Holding Co., Ltd. Announces the Suspension of Work to Cooperate with the Epidemic Prevention Policy on Behalf of the SubsidiariesTop Bright Holding Co., Ltd. announced that The company's subsidiaries in Kunshan, Suzhou, mainland China, TScale Electronics Mfg (KunShan) Co., Ltd./Longyoung Electronic (Kunshan) Co., Ltd., have temporarily suspended work from April 2 to April 6 due to cooperating with the local government's epidemic prevention policy. The company will closely observe the situation and cooperate with local government's policy to take measures to respond to the epidemic to ensure the safety and health of employees.
Reported Earnings • Apr 01Full year 2021 earnings released: EPS: NT$14.14 (vs NT$12.39 in FY 2020)Full year 2021 results: EPS: NT$14.14 (up from NT$12.39 in FY 2020). Revenue: NT$2.66b (up 13% from FY 2020). Net income: NT$733.2m (up 15% from FY 2020). Profit margin: 28% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$4.50 (vs NT$5.08 in 3Q 2020)The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$732.2m (up 1.6% from 3Q 2020). Net income: NT$233.3m (down 10% from 3Q 2020). Profit margin: 32% (down from 36% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year.
Reported Earnings • Sep 01Second quarter 2021 earnings released: EPS NT$2.90 (vs NT$3.61 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$621.3m (up 2.6% from 2Q 2020). Net income: NT$150.4m (down 19% from 2Q 2020). Profit margin: 24% (down from 31% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 21% per year.
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$111, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Upcoming Dividend • Aug 09Upcoming dividend of NT$8.00 per shareEligible shareholders must have bought the stock before 16 August 2021. Payment date: 09 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%).
Valuation Update With 7 Day Price Move • May 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$119, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Reported Earnings • May 11First quarter 2021 earnings released: EPS NT$3.14 (vs NT$1.74 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$583.9m (up 67% from 1Q 2020). Net income: NT$162.9m (up 83% from 1Q 2020). Profit margin: 28% (up from 26% in 1Q 2020). The increase in margin was driven by higher revenue. 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 19% per year, which means it is significantly lagging earnings growth.
분석 기사 • Apr 21Is Top Bright Holding Co., Ltd. (TPE:8499) A Smart Pick For Income Investors?Could Top Bright Holding Co., Ltd. ( TPE:8499 ) be an attractive dividend share to own for the long haul? Investors are...
Reported Earnings • Apr 01Full year 2020 earnings released: EPS NT$12.39 (vs NT$8.14 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.36b (up 27% from FY 2019). Net income: NT$636.2m (up 52% from FY 2019). Profit margin: 27% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 18% per year.
공시 • Mar 20Top Bright Holding Co., Ltd., Annual General Meeting, Jun 10, 2021Top Bright Holding Co., Ltd., Annual General Meeting, Jun 10, 2021. Location: 3F No. 631 Zhongzheng Road,Zhonghe District,New Taipei City 235 (RSL HOTEL TAIPEI ZHONGHE) Taiwan Taiwan Agenda: To report the business of 2020; to consider Audit Committee's review report; to report 2020 employees' profit sharing bonus and directors' compensation; to consider LONGYOUNG Electronics (Kunshan) Co., Ltd. plans to be listed on the A-shares in Mainland China. According to local laws and regulations, TOP BRIGHT HOLDING CO., LTD., LONGYOUNG Electronics (Kunshan) Co., Ltd. and LONG YOUNG (SAMOA) HOLDING Co., Ltd. intend to issue commitments report.
Valuation Update With 7 Day Price Move • Mar 12Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$153, the stock is trading at a trailing P/E ratio of 12.6x, up from the previous P/E ratio of 10.8x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 93%.
Is New 90 Day High Low • Mar 10New 90-day high: NT$148The company is up 1.0% from its price of NT$147 on 10 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period.
분석 기사 • Jan 21Shareholders Of Top Bright Holding (TPE:8499) Must Be Happy With Their 58% ReturnTop Bright Holding Co., Ltd. ( TPE:8499 ) shareholders might be concerned after seeing the share price drop 14% in the...
Is New 90 Day High Low • Jan 20New 90-day low: NT$125The company is down 14% from its price of NT$145 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period.
Is New 90 Day High Low • Jan 04New 90-day low: NT$137The company is down 5.0% from its price of NT$144 on 06 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 16% over the same period.
분석 기사 • Dec 31Is There An Opportunity With Top Bright Holding Co., Ltd.'s (TPE:8499) 28% Undervaluation?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Top Bright Holding...
분석 기사 • Dec 17Top Bright Holding Co., Ltd.'s (TPE:8499) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?It is hard to get excited after looking at Top Bright Holding's (TPE:8499) recent performance, when its stock has...
분석 기사 • Dec 02Does Top Bright Holding (TPE:8499) Have A Healthy Balance Sheet?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
분석 기사 • Nov 19The Trends At Top Bright Holding (TPE:8499) That You Should Know AboutWhat are the early trends we should look for to identify a stock that could multiply in value over the long term...
Reported Earnings • Nov 10Third quarter 2020 earnings released: EPS NT$5.08The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$720.8m (up 46% from 3Q 2019). Net income: NT$260.4m (up 76% from 3Q 2019). Profit margin: 36% (up from 30% in 3Q 2019). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 18% share price gain to NT$171, the stock is trading at a trailing P/E ratio of 17.1x, up from the previous P/E ratio of 14.5x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past year are 56%.
Is New 90 Day High Low • Nov 04New 90-day high: NT$164The company is up 21% from its price of NT$136 on 06 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$90.85 per share.