Shih Wei Navigation (5608) 주식 개요시웨이 네비게이션은 대만에서 건화물 운송 회사로 운영되고 있습니다. 자세히 보기5608 펀더멘털 분석스노우플레이크 점수가치 평가0/6미래 성장0/6과거 실적2/6재무 건전성1/6배당0/6강점올해부터 흑자전환위험 분석이자 지급액이 수익으로 잘 충당되지 않음재무 결과에 영향을 미치는 대규모 일회성 항목모든 위험 점검 보기5608 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$14.30125.6% 고평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-2b6b2016201920222025202620282031Revenue NT$1.8bEarnings NT$51.0mAdvancedSet Fair ValueView all narrativesShih Wei Navigation Co., Ltd. 경쟁사First SteamshipSymbol: TWSE:2601Market cap: NT$4.1bFranbo LinesSymbol: TPEX:2641Market cap: NT$5.8bTaiwan NavigationSymbol: TWSE:2617Market cap: NT$12.0bChinese Maritime TransportSymbol: TWSE:2612Market cap: NT$10.8b가격 이력 및 성과Shih Wei Navigation 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가NT$14.3052주 최고가NT$20.7552주 최저가NT$14.00베타0.491개월 변동-10.34%3개월 변동-19.44%1년 변동-19.21%3년 변동-39.15%5년 변동-59.78%IPO 이후 변동53.51%최근 뉴스 및 업데이트Reported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.공시 • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Dec 05New 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 6.5% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.더 많은 업데이트 보기Recent updatesReported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.공시 • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Dec 05New 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 6.5% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • May 09First quarter 2025 earnings released: NT$0.46 loss per share (vs NT$0.55 loss in 1Q 2024)First quarter 2025 results: NT$0.46 loss per share (improved from NT$0.55 loss in 1Q 2024). Revenue: NT$783.5m (flat on 1Q 2024). Net loss: NT$181.0m (loss narrowed 15% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.공시 • Apr 29Shih Wei Navigation Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025공시 • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city TaiwanNew Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.Reported Earnings • Mar 04Full year 2024 earnings released: NT$0.69 loss per share (vs NT$1.26 loss in FY 2023)Full year 2024 results: NT$0.69 loss per share (improved from NT$1.26 loss in FY 2023). Revenue: NT$3.49b (flat on FY 2023). Net loss: NT$269.3m (loss narrowed 43% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.공시 • Feb 18Shih Wei Navigation Co., Ltd. to Report Q4, 2024 Results on Feb 25, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q4, 2024 results on Feb 25, 2025분석 기사 • Feb 13Shih Wei Navigation Co., Ltd.'s (TWSE:5608) Shares May Have Run Too Fast Too SoonThere wouldn't be many who think Shih Wei Navigation Co., Ltd.'s ( TWSE:5608 ) price-to-sales (or "P/S") ratio of 2x is...Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.41 loss in 3Q 2023). Revenue: NT$942.5m (up 8.6% from 3Q 2023). Net income: NT$77.3m (up NT$232.8m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.공시 • Nov 05Shih Wei Navigation Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.65 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.06 (up from NT$0.65 loss in 2Q 2023). Revenue: NT$836.5m (down 7.2% from 2Q 2023). Net income: NT$22.6m (up NT$264.0m from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.공시 • Aug 06Shih Wei Navigation Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024New Risk • Aug 05New 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 6.7% 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: Major Risk 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 Risk Share price has been volatile over the past 3 months (6.7% average weekly change).공시 • Jul 18Shih Wei Navigation Co., Ltd. announced that it expects to receive TWD 600 million in fundingShih Wei Navigation Co., Ltd. announced a private placement to issue Series 7 Domestic Secured Convertible Bonds for the gross proceeds of TWD 600,000,000 on July 16, 2024. The transaction has been approved by shareholders, bonds bear zero coupon rate and matures in 3 years.분석 기사 • Jun 12Is Shih Wei Navigation (TWSE:5608) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Reported Earnings • May 13First quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.50 loss in 1Q 2023)First quarter 2024 results: NT$0.55 loss per share (further deteriorated from NT$0.50 loss in 1Q 2023). Revenue: NT$785.2m (down 9.0% from 1Q 2023). Net loss: NT$213.4m (loss widened 15% from 1Q 2023). 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 6% per year, which means it has not declined as severely as earnings.공시 • May 01Shih Wei Navigation Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024공시 • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: PCBC 208+209 conference room 2F., No. 99, Fusing N.Road Taipei Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee Report on the Review of the 2023 Financial Report; to consider the Report on 2023 employees's and directors's remuneration; to consider the report on remuneration paid during 2023 to directors; to consider the acknowledgment of the 2023 business report and financial statements; to consider the adoption of the Proposal for 2023 Deficit Compensation Statement; to consider the amendment to the Articles of Incorporation; and to consider the other matters.Reported Earnings • Feb 29Full year 2023 earnings released: NT$1.26 loss per share (vs NT$6.08 profit in FY 2022)Full year 2023 results: NT$1.26 loss per share (down from NT$6.08 profit in FY 2022). Revenue: NT$3.46b (down 49% from FY 2022). Net loss: NT$476.0m (down 124% from profit in FY 2022). 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 19% per year, which means it is tracking significantly ahead of earnings growth.New Risk • Dec 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 5.5% 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 Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 114% Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by earnings (133% payout ratio). Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.65 loss per share (vs NT$2.12 profit in 2Q 2022)Second quarter 2023 results: NT$0.65 loss per share (down from NT$2.12 profit in 2Q 2022). Revenue: NT$901.1m (down 53% from 2Q 2022). Net loss: NT$241.4m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.공시 • Aug 09Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million.Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$19.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 287% over the past three years.공시 • Jul 13Shih Wei Navigation Co., Ltd. Appoints Lin, Hsiu-Ching as COOShih Wei Navigation Co., Ltd. announced the appointment of Lin, Hsiu-Ching/Senior Manager of Shih Wei Navigation Co., Ltd. as COO, with effect from July 11, 2023.공시 • Jul 12Shih Wei Navigation Co., Ltd. Announces Remuneration Committee ChangesShih Wei Navigation Co., Ltd. announced the appointment of members of the fifth Remuneration Committee. Name of the previous position holder: Lin, Po-Ging: Manager, Securities Department, Land Bank of Taiwan, Chang, Lu-Chang: Legal representative, Vicneer Company (Taiwan) Ltd., Chen, Po-Chung: Assistant Vice President, Finance Department and Administration Department, New Asia Construction & Development Corp. Name of the new position holder: Chou, Chen-Shing: independent director of the Company, Shann, Shu-Jiun: independent director of the Company, Chen, Chien-Ting: director of the Celxpert Energy Corp, The effective date of the new member is July 11, 2023.Board Change • Jul 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).공시 • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.공시 • Jun 29+ 1 more updateShih Wei Navigation Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Chen, Huo-Tsai and Kuo, Chen-Yu as directors; Lin, Po-Ging, Chang, Lu-Chang and Chen, Po-Chung as independent directors. Title and name of the new position holder: Lan, Shin-Chyi (Representative of Luo Pan Investment Corp.), Lan, Pei-Ching (Representative of Luo Pan Investment Corp.) and Kuo, Cheng-Yu as directors; Chang, Tsang-Yao, Ding, Yun-Kai, Chou, Chen-Shing and Shann, Shu-Jiun as independent directors. Resume of the new position holder: Lan, Shin-Chyi(Representative Of Luo Pan Investment Corp.); Chairwoman & President, Shih Wei Navigation Co., Ltd. Lan, Pei-Ching (Representative of Luo Pan Investment Corp.); Chairwoman & CEO, Dancewoods Hotels and Resorts Co., LTD Kuo, Cheng-Yu; Director, Sales & Marketing Department, China Television Company Independent Directors: Chang, Tsang-Yao; Director of Ph. D Feng Chia University Master Program in Finance Ding, Yun-Kai; Senior Consultant,Ding & Ding Law Offices Chou, Chen-Shing; Executive Director,Jubilee Education Foundation Shann, Shu-Jiun; CFO, Hoteck INC. Supervisor Inc.Effective date of the new appointment is June 28, 2023.Reported Earnings • Feb 28Full year 2022 earnings released: EPS: NT$6.08 (vs NT$7.16 in FY 2021)Full year 2022 results: EPS: NT$6.08. Revenue: NT$6.72b (up 21% from FY 2021). Net income: NT$2.03b (up 1.3% from FY 2021). Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 367% over the past three years.Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: NT$1.83 (vs NT$3.01 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.83 (down from NT$3.01 in 3Q 2021). Revenue: NT$1.91b (up 15% from 3Q 2021). Net income: NT$603.3m (down 28% from 3Q 2021). Profit margin: 32% (down from 51% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 3x in the Shipping industry in Taiwan. Total returns to shareholders of 258% over the past three years.Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.12 (vs NT$1.78 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.12 (up from NT$1.78 in 2Q 2021). Revenue: NT$1.90b (up 56% from 2Q 2021). Net income: NT$698.8m (up 41% from 2Q 2021). Profit margin: 37% (down from 41% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).공시 • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$34.00, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 4x in the Shipping industry in Taiwan. Total returns to shareholders of 315% over the past three years.공시 • May 22Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022, at 09:00 Taipei Standard Time. Location: Conference Room CC+DD+EE, Primasia Conference & Business Center 15F, No. 99, Fusing North Road Taipei City Taiwan Agenda: To discuss 2021 Business Report; to Report by Audit Committee on review of the 2021 Financial Statements; to Report on the 2021 distribution of remuneration to employees and directors; to Report on the implementation of capital reduction for business improvement plan in 2021; to Report on the implementation of capital increase for business improvement plan in 2021.Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.14 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.14 in 1Q 2021). Revenue: NT$1.60b (up 101% from 1Q 2021). Net income: NT$504.1m (up NT$464.7m from 1Q 2021). Profit margin: 31% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.16 (up from NT$3.27 loss in FY 2020). Revenue: NT$5.53b (up 107% from FY 2020). Net income: NT$2.00b (up NT$2.91b from FY 2020). Profit margin: 36% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.공시 • Feb 24Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022. Location: No.459, Section 2, Wubin Road, Wujie Township, Yilan Taiwan County Yilan City Taiwan Agenda: To consider 2021 Business Report; to consider Supervisor's review of the 2021 annual final accounting books and statements; and to consider other matters.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Shipping industry in Taiwan. Total returns to shareholders of 368% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.01 (vs NT$0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.65b (up 136% from 3Q 2020). Net income: NT$840.3m (up NT$930.0m from 3Q 2020). Profit margin: 51% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$47.00, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 20x in the Shipping industry in Taiwan. Total returns to shareholders of 297% over the past three years.Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$60.50, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 26x in the Shipping industry in Taiwan. Total returns to shareholders of 397% over the past three years.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.78 (vs NT$1.04 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.22b (up 101% from 2Q 2020). Net income: NT$496.0m (up NT$785.5m from 2Q 2020). Profit margin: 41% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.14 (vs NT$1.41 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$798.8m (up 25% from 1Q 2020). Net income: NT$39.4m (up NT$432.4m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 30Full year 2020 earnings released: NT$3.27 loss per share (vs NT$1.26 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$2.67b (down 30% from FY 2019). Net loss: NT$912.0m (loss widened 159% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.공시 • Mar 28Shih Wei Navigation Co., Ltd. Reports Impairment LossShih Wei Navigation Co., Ltd. reported impairment loss of TWD 19,893,000.분석 기사 • Mar 12Did Shih Wei Navigation's (TPE:5608) Share Price Deserve to Gain 94%?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...분석 기사 • Jan 18Is Shih Wei Navigation (TPE:5608) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Is New 90 Day High Low • Dec 15New 90-day high: NT$7.94The company is up 11% from its price of NT$7.14 on 15 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 49% over the same period.분석 기사 • Nov 26Shih Wei Navigation (TPE:5608) Share Prices Have Dropped 57% In The Last Five YearsWhile not a mind-blowing move, it is good to see that the Shih Wei Navigation Co., Ltd. (TPE:5608) share price has...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$700.6m (down 28% from 3Q 2019). Net loss: NT$89.7m (loss widened 67% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.주주 수익률5608TW ShippingTW 시장7D-2.1%2.5%-3.5%1Y-19.2%-22.4%83.0%전체 주주 수익률 보기수익률 대 산업: 5608은 지난 1년 동안 -22.4%의 수익을 기록한 TW Shipping 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: 5608은 지난 1년 동안 83%를 기록한 TW 시장보다 저조한 성과를 냈습니다.주가 변동성Is 5608's price volatile compared to industry and market?5608 volatility5608 Average Weekly Movement4.2%Shipping Industry Average Movement5.0%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%안정적인 주가: 5608는 지난 3개월 동안 TW 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: 5608의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트1985n/aShin-Chyi Lanwww.swnav.com.tw시웨이 내비게이션은 대만에서 건화물 운송 회사로 운영되고 있습니다. 해운 운송, 해운 대리점, 선박 임대 및 무역 활동을 하고 있습니다. 이 회사는 약 28척의 선박을 운영하고 있습니다.더 보기Shih Wei Navigation Co., Ltd. 기초 지표 요약Shih Wei Navigation의 순이익과 매출은 시가총액과 어떻게 비교됩니까?5608 기초 통계시가총액NT$5.53b순이익 (TTM)NT$89.73m매출 (TTM)NT$3.17b62.0x주가수익비율(P/E)1.8x주가매출비율(P/S)5608는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표5608 손익계산서 (TTM)매출NT$3.17b매출원가NT$2.84b총이익NT$332.72m기타 비용NT$242.99m순이익NT$89.73m최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)0.23총이익률10.50%순이익률2.83%부채/자본 비율71.0%5608의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 11:34종가2026/05/21 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 소스Shih Wei Navigation 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.분석가기관Shawn YangMasterlink Securities Investment AdvisoryYili ChenSinoPac Securities Investment Service
Reported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
공시 • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Dec 05New 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 6.5% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 19First quarter 2026 earnings released: NT$0.11 loss per share (vs NT$0.47 loss in 1Q 2025)First quarter 2026 results: NT$0.11 loss per share (improved from NT$0.47 loss in 1Q 2025). Revenue: NT$768.6m (down 1.9% from 1Q 2025). Net loss: NT$41.8m (loss narrowed 77% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Reported Earnings • Mar 14Full year 2025 earnings released: NT$0.13 loss per share (vs NT$0.69 loss in FY 2024)Full year 2025 results: NT$0.13 loss per share (improved from NT$0.69 loss in FY 2024). Revenue: NT$3.18b (down 8.8% from FY 2024). Net loss: NT$49.5m (loss narrowed 82% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
공시 • Mar 11Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026Shih Wei Navigation Co., Ltd., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Dec 05New 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 6.5% 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 19% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (6.5% average weekly change).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.20 profit in 3Q 2024)Third quarter 2025 results: NT$0.23 loss per share (down from NT$0.20 profit in 3Q 2024). Revenue: NT$775.4m (down 18% from 3Q 2024). Net loss: NT$90.7m (down 217% from profit in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 16Second quarter 2025 earnings released: EPS: NT$0.56 (vs NT$0.058 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.56 (up from NT$0.058 in 2Q 2024). Revenue: NT$767.6m (down 8.2% from 2Q 2024). Net income: NT$217.5m (up NT$194.9m from 2Q 2024). Profit margin: 28% (up from 2.7% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 09First quarter 2025 earnings released: NT$0.46 loss per share (vs NT$0.55 loss in 1Q 2024)First quarter 2025 results: NT$0.46 loss per share (improved from NT$0.55 loss in 1Q 2024). Revenue: NT$783.5m (flat on 1Q 2024). Net loss: NT$181.0m (loss narrowed 15% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
공시 • Apr 29Shih Wei Navigation Co., Ltd. to Report Q1, 2025 Results on May 06, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025
공시 • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan
New Risk • Mar 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company.
Reported Earnings • Mar 04Full year 2024 earnings released: NT$0.69 loss per share (vs NT$1.26 loss in FY 2023)Full year 2024 results: NT$0.69 loss per share (improved from NT$1.26 loss in FY 2023). Revenue: NT$3.49b (flat on FY 2023). Net loss: NT$269.3m (loss narrowed 43% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
공시 • Feb 18Shih Wei Navigation Co., Ltd. to Report Q4, 2024 Results on Feb 25, 2025Shih Wei Navigation Co., Ltd. announced that they will report Q4, 2024 results on Feb 25, 2025
분석 기사 • Feb 13Shih Wei Navigation Co., Ltd.'s (TWSE:5608) Shares May Have Run Too Fast Too SoonThere wouldn't be many who think Shih Wei Navigation Co., Ltd.'s ( TWSE:5608 ) price-to-sales (or "P/S") ratio of 2x is...
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.41 loss in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.41 loss in 3Q 2023). Revenue: NT$942.5m (up 8.6% from 3Q 2023). Net income: NT$77.3m (up NT$232.8m from 3Q 2023). Profit margin: 8.2% (up from net loss in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
공시 • Nov 05Shih Wei Navigation Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024
Reported Earnings • Aug 18Second quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.65 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.06 (up from NT$0.65 loss in 2Q 2023). Revenue: NT$836.5m (down 7.2% from 2Q 2023). Net income: NT$22.6m (up NT$264.0m from 2Q 2023). Profit margin: 2.7% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 34 percentage points per year, which is a significant difference in performance.
공시 • Aug 06Shih Wei Navigation Co., Ltd. to Report Q2, 2024 Results on Aug 13, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024
New Risk • Aug 05New 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 6.7% 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: Major Risk 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 Risk Share price has been volatile over the past 3 months (6.7% average weekly change).
공시 • Jul 18Shih Wei Navigation Co., Ltd. announced that it expects to receive TWD 600 million in fundingShih Wei Navigation Co., Ltd. announced a private placement to issue Series 7 Domestic Secured Convertible Bonds for the gross proceeds of TWD 600,000,000 on July 16, 2024. The transaction has been approved by shareholders, bonds bear zero coupon rate and matures in 3 years.
분석 기사 • Jun 12Is Shih Wei Navigation (TWSE:5608) Using Too Much Debt?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Reported Earnings • May 13First quarter 2024 earnings released: NT$0.55 loss per share (vs NT$0.50 loss in 1Q 2023)First quarter 2024 results: NT$0.55 loss per share (further deteriorated from NT$0.50 loss in 1Q 2023). Revenue: NT$785.2m (down 9.0% from 1Q 2023). Net loss: NT$213.4m (loss widened 15% from 1Q 2023). 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 6% per year, which means it has not declined as severely as earnings.
공시 • May 01Shih Wei Navigation Co., Ltd. to Report Q1, 2024 Results on May 09, 2024Shih Wei Navigation Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024
공시 • Mar 27Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: PCBC 208+209 conference room 2F., No. 99, Fusing N.Road Taipei Taiwan Agenda: To consider the 2023 business report; to consider the audit Committee Report on the Review of the 2023 Financial Report; to consider the Report on 2023 employees's and directors's remuneration; to consider the report on remuneration paid during 2023 to directors; to consider the acknowledgment of the 2023 business report and financial statements; to consider the adoption of the Proposal for 2023 Deficit Compensation Statement; to consider the amendment to the Articles of Incorporation; and to consider the other matters.
Reported Earnings • Feb 29Full year 2023 earnings released: NT$1.26 loss per share (vs NT$6.08 profit in FY 2022)Full year 2023 results: NT$1.26 loss per share (down from NT$6.08 profit in FY 2022). Revenue: NT$3.46b (down 49% from FY 2022). Net loss: NT$476.0m (down 124% from profit in FY 2022). 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 19% per year, which means it is tracking significantly ahead of earnings growth.
New Risk • Dec 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 5.5% 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 Risks Interest payments are not well covered by earnings (0.3x net interest cover). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Cash payout ratio: 114% Minor Risks Share price has been volatile over the past 3 months (5.5% average weekly change). Shareholders have been diluted in the past year (5.4% increase in shares outstanding).
New Risk • Aug 14New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.4x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.4x net interest cover). Minor Risks Dividend is not well covered by earnings (133% payout ratio). Profit margins are more than 30% lower than last year (8.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).
Reported Earnings • Aug 13Second quarter 2023 earnings released: NT$0.65 loss per share (vs NT$2.12 profit in 2Q 2022)Second quarter 2023 results: NT$0.65 loss per share (down from NT$2.12 profit in 2Q 2022). Revenue: NT$901.1m (down 53% from 2Q 2022). Net loss: NT$241.4m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth.
공시 • Aug 09Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million.Shih Wei Navigation Co., Ltd. has completed a Follow-on Equity Offering in the amount of TWD 360 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,000,000 Price\Range: TWD 18 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 2,000,000 Price\Range: TWD 18
Valuation Update With 7 Day Price Move • Jul 24Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to NT$19.00, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 287% over the past three years.
공시 • Jul 13Shih Wei Navigation Co., Ltd. Appoints Lin, Hsiu-Ching as COOShih Wei Navigation Co., Ltd. announced the appointment of Lin, Hsiu-Ching/Senior Manager of Shih Wei Navigation Co., Ltd. as COO, with effect from July 11, 2023.
공시 • Jul 12Shih Wei Navigation Co., Ltd. Announces Remuneration Committee ChangesShih Wei Navigation Co., Ltd. announced the appointment of members of the fifth Remuneration Committee. Name of the previous position holder: Lin, Po-Ging: Manager, Securities Department, Land Bank of Taiwan, Chang, Lu-Chang: Legal representative, Vicneer Company (Taiwan) Ltd., Chen, Po-Chung: Assistant Vice President, Finance Department and Administration Department, New Asia Construction & Development Corp. Name of the new position holder: Chou, Chen-Shing: independent director of the Company, Shann, Shu-Jiun: independent director of the Company, Chen, Chien-Ting: director of the Celxpert Energy Corp, The effective date of the new member is July 11, 2023.
Board Change • Jul 11High number of new and inexperienced directorsThere are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.50 per share at 6.6% yieldEligible shareholders must have bought the stock before 18 July 2023. Payment date: 17 August 2023. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (37%).
공시 • Jul 04Shih Wei Navigation Co., Ltd. Announces Divided, Payable on August 17, 2023Shih Wei Navigation Co., Ltd. announced dividend of TWD 1.5 of cash dividend per share; totally TWD 553,900,635 allocated for cash dividend. The dividend is payable on August 17, 2023 with Ex-rights (ex-dividend) trading date of July 18, 2023 and Ex-rights (ex-dividend) record date of July 24, 2023.
공시 • Jun 29+ 1 more updateShih Wei Navigation Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Chen, Huo-Tsai and Kuo, Chen-Yu as directors; Lin, Po-Ging, Chang, Lu-Chang and Chen, Po-Chung as independent directors. Title and name of the new position holder: Lan, Shin-Chyi (Representative of Luo Pan Investment Corp.), Lan, Pei-Ching (Representative of Luo Pan Investment Corp.) and Kuo, Cheng-Yu as directors; Chang, Tsang-Yao, Ding, Yun-Kai, Chou, Chen-Shing and Shann, Shu-Jiun as independent directors. Resume of the new position holder: Lan, Shin-Chyi(Representative Of Luo Pan Investment Corp.); Chairwoman & President, Shih Wei Navigation Co., Ltd. Lan, Pei-Ching (Representative of Luo Pan Investment Corp.); Chairwoman & CEO, Dancewoods Hotels and Resorts Co., LTD Kuo, Cheng-Yu; Director, Sales & Marketing Department, China Television Company Independent Directors: Chang, Tsang-Yao; Director of Ph. D Feng Chia University Master Program in Finance Ding, Yun-Kai; Senior Consultant,Ding & Ding Law Offices Chou, Chen-Shing; Executive Director,Jubilee Education Foundation Shann, Shu-Jiun; CFO, Hoteck INC. Supervisor Inc.Effective date of the new appointment is June 28, 2023.
Reported Earnings • Feb 28Full year 2022 earnings released: EPS: NT$6.08 (vs NT$7.16 in FY 2021)Full year 2022 results: EPS: NT$6.08. Revenue: NT$6.72b (up 21% from FY 2021). Net income: NT$2.03b (up 1.3% from FY 2021). Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was driven by higher expenses.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$28.60, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 5x in the Shipping industry in Taiwan. Total returns to shareholders of 367% over the past three years.
Reported Earnings • Nov 18Third quarter 2022 earnings released: EPS: NT$1.83 (vs NT$3.01 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.83 (down from NT$3.01 in 3Q 2021). Revenue: NT$1.91b (up 15% from 3Q 2021). Net income: NT$603.3m (down 28% from 3Q 2021). Profit margin: 32% (down from 51% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. 1 highly experienced director. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Oct 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$27.80, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 3x in the Shipping industry in Taiwan. Total returns to shareholders of 258% over the past three years.
Reported Earnings • Aug 16Second quarter 2022 earnings released: EPS: NT$2.12 (vs NT$1.78 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.12 (up from NT$1.78 in 2Q 2021). Revenue: NT$1.90b (up 56% from 2Q 2021). Net income: NT$698.8m (up 41% from 2Q 2021). Profit margin: 37% (down from 41% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 53% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jul 13Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 20 July 2022. Payment date: 12 August 2022. Trailing yield: 6.3%. Lower than top quartile of Taiwanese dividend payers (6.9%). Lower than average of industry peers (18%).
공시 • Jul 01Shih Wei Navigation Co., Ltd. Announces Cash Dividend for 2021, Payable on August 12, 2022Shih Wei Navigation Co., Ltd. announced TWD 2 of cash dividend per share; totally TWD 658,534,180 allocated for cash dividend. Cash dividend payment date is August 12, 2022 and Ex-rights (ex-dividend) trading date is July 20, 2022 and Ex-rights (ex-dividend) record date is July 26, 2022.
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$34.00, the stock trades at a trailing P/E ratio of 4.5x. Average forward P/E is 4x in the Shipping industry in Taiwan. Total returns to shareholders of 315% over the past three years.
공시 • May 22Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, Jun 21, 2022, at 09:00 Taipei Standard Time. Location: Conference Room CC+DD+EE, Primasia Conference & Business Center 15F, No. 99, Fusing North Road Taipei City Taiwan Agenda: To discuss 2021 Business Report; to Report by Audit Committee on review of the 2021 Financial Statements; to Report on the 2021 distribution of remuneration to employees and directors; to Report on the implementation of capital reduction for business improvement plan in 2021; to Report on the implementation of capital increase for business improvement plan in 2021.
Reported Earnings • May 18First quarter 2022 earnings released: EPS: NT$1.53 (vs NT$0.14 in 1Q 2021)First quarter 2022 results: EPS: NT$1.53 (up from NT$0.14 in 1Q 2021). Revenue: NT$1.60b (up 101% from 1Q 2021). Net income: NT$504.1m (up NT$464.7m from 1Q 2021). Profit margin: 31% (up from 4.9% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Director Chen-Yu Kuo is the most experienced director on the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$7.16 (up from NT$3.27 loss in FY 2020). Revenue: NT$5.53b (up 107% from FY 2020). Net income: NT$2.00b (up NT$2.91b from FY 2020). Profit margin: 36% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 66% per year whereas the company’s share price has increased by 62% per year.
공시 • Feb 24Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022Shih Wei Navigation Co., Ltd., Annual General Meeting, May 31, 2022. Location: No.459, Section 2, Wubin Road, Wujie Township, Yilan Taiwan County Yilan City Taiwan Agenda: To consider 2021 Business Report; to consider Supervisor's review of the 2021 annual final accounting books and statements; and to consider other matters.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improved over the past weekAfter last week's 19% share price gain to NT$46.45, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 14x in the Shipping industry in Taiwan. Total returns to shareholders of 368% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$3.01 (vs NT$0.32 loss in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.65b (up 136% from 3Q 2020). Net income: NT$840.3m (up NT$930.0m from 3Q 2020). Profit margin: 51% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to NT$47.00, the stock trades at a trailing P/E ratio of 42.9x. Average trailing P/E is 20x in the Shipping industry in Taiwan. Total returns to shareholders of 297% over the past three years.
Valuation Update With 7 Day Price Move • Aug 23Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$60.50, the stock trades at a trailing P/E ratio of 55.2x. Average trailing P/E is 26x in the Shipping industry in Taiwan. Total returns to shareholders of 397% over the past three years.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$1.78 (vs NT$1.04 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.22b (up 101% from 2Q 2020). Net income: NT$496.0m (up NT$785.5m from 2Q 2020). Profit margin: 41% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 62% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.14 (vs NT$1.41 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$798.8m (up 25% from 1Q 2020). Net income: NT$39.4m (up NT$432.4m from 1Q 2020). Profit margin: 4.9% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 30Full year 2020 earnings released: NT$3.27 loss per share (vs NT$1.26 loss in FY 2019)The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: NT$2.67b (down 30% from FY 2019). Net loss: NT$912.0m (loss widened 159% from FY 2019). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
공시 • Mar 28Shih Wei Navigation Co., Ltd. Reports Impairment LossShih Wei Navigation Co., Ltd. reported impairment loss of TWD 19,893,000.
분석 기사 • Mar 12Did Shih Wei Navigation's (TPE:5608) Share Price Deserve to Gain 94%?Passive investing in index funds can generate returns that roughly match the overall market. But if you pick the right...
분석 기사 • Jan 18Is Shih Wei Navigation (TPE:5608) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Is New 90 Day High Low • Dec 15New 90-day high: NT$7.94The company is up 11% from its price of NT$7.14 on 15 September 2020. The Taiwanese market is also up 11% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Shipping industry, which is up 49% over the same period.
분석 기사 • Nov 26Shih Wei Navigation (TPE:5608) Share Prices Have Dropped 57% In The Last Five YearsWhile not a mind-blowing move, it is good to see that the Shih Wei Navigation Co., Ltd. (TPE:5608) share price has...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.32 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$700.6m (down 28% from 3Q 2019). Net loss: NT$89.7m (loss widened 67% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
