Reported Earnings • May 17
First quarter 2026 earnings released: EPS: NT$0.83 (vs NT$0.81 in 1Q 2025) First quarter 2026 results: EPS: NT$0.83 (up from NT$0.81 in 1Q 2025). Revenue: NT$155.8m (up 5.4% from 1Q 2025). Net income: NT$28.0m (up 8.7% from 1Q 2025). Profit margin: 18% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year and the company’s share price has also fallen by 4% per year. Reported Earnings • Mar 20
Full year 2025 earnings released: EPS: NT$3.91 (vs NT$4.68 in FY 2024) Full year 2025 results: EPS: NT$3.91 (down from NT$4.68 in FY 2024). Revenue: NT$617.9m (down 14% from FY 2024). Net income: NT$123.9m (down 17% from FY 2024). Profit margin: 20% (in line with FY 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. 공시 • Mar 13
Zimmite Taiwan Ltd. announces Annual dividend, payable on July 15, 2026 Zimmite Taiwan Ltd. announced Annual dividend of TWD 3.2000 per share payable on July 15, 2026, ex-date on June 15, 2026 and record date on June 16, 2026. 공시 • Mar 12
Zimmite Taiwan Ltd., Annual General Meeting, Jun 11, 2026 Zimmite Taiwan Ltd., Annual General Meeting, Jun 11, 2026. Location: 23- floor building. d no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$1.41 (vs NT$1.24 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.41 (up from NT$1.24 in 3Q 2024). Revenue: NT$149.2m (down 25% from 3Q 2024). Net income: NT$44.6m (up 14% from 3Q 2024). Profit margin: 30% (up from 20% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 4% per year. Reported Earnings • Aug 06
Second quarter 2025 earnings released: EPS: NT$0.52 (vs NT$1.56 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.52 (down from NT$1.56 in 2Q 2024). Revenue: NT$151.7m (down 14% from 2Q 2024). Net income: NT$16.6m (down 66% from 2Q 2024). Profit margin: 11% (down from 28% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year. Upcoming Dividend • May 20
Upcoming dividend of NT$4.50 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 27 June 2025. Payout ratio and cash payout ratio are on the higher end at 96% and 95% respectively. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (4.0%). Reported Earnings • May 08
First quarter 2025 earnings released: EPS: NT$0.81 (vs NT$0.99 in 1Q 2024) First quarter 2025 results: EPS: NT$0.81 (down from NT$0.99 in 1Q 2024). Revenue: NT$147.8m (down 5.9% from 1Q 2024). Net income: NT$25.8m (down 18% from 1Q 2024). Profit margin: 17% (down from 20% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: NT$4.68 (vs NT$4.37 in FY 2023) Full year 2024 results: EPS: NT$4.68 (up from NT$4.37 in FY 2023). Revenue: NT$721.1m (up 2.1% from FY 2023). Net income: NT$148.5m (up 7.2% from FY 2023). Profit margin: 21% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 6% per year. 공시 • Mar 03
Zimmite Taiwan Ltd., Annual General Meeting, May 23, 2025 Zimmite Taiwan Ltd., Annual General Meeting, May 23, 2025. Location: 23- floor building. d no,93, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan 공시 • Feb 28
Zimmite Taiwan Ltd. announces Annual dividend, payable on June 27, 2025 Zimmite Taiwan Ltd. announced Annual dividend of TWD 4.5000 per share payable on June 27, 2025, ex-date on May 27, 2025 and record date on May 28, 2025. Buy Or Sell Opportunity • Feb 10
Now 20% undervalued Over the last 90 days, the stock has risen 1.2% to NT$75.00. The fair value is estimated to be NT$93.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.4% over the last 3 years. Earnings per share has grown by 5.3%. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.24 (vs NT$1.01 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.24 (up from NT$1.01 in 3Q 2023). Revenue: NT$198.0m (up 10% from 3Q 2023). Net income: NT$39.3m (up 23% from 3Q 2023). Profit margin: 20% (up from 18% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: NT$1.56 (vs NT$1.35 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.56 (up from NT$1.35 in 2Q 2023). Revenue: NT$177.5m (down 5.1% from 2Q 2023). Net income: NT$49.3m (up 15% from 2Q 2023). Profit margin: 28% (up from 23% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • May 14
First quarter 2024 earnings released: EPS: NT$0.99 (vs NT$0.96 in 1Q 2023) First quarter 2024 results: EPS: NT$0.99 (up from NT$0.96 in 1Q 2023). Revenue: NT$157.1m (down 7.6% from 1Q 2023). Net income: NT$31.5m (up 3.8% from 1Q 2023). Profit margin: 20% (up from 18% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 9% per year. Upcoming Dividend • Mar 27
Upcoming dividend of NT$4.00 per share Eligible shareholders must have bought the stock before 03 April 2024. Payment date: 10 May 2024. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.7%). Higher than average of industry peers (4.6%). 공시 • Mar 21
Zimmite Taiwan Ltd., Annual General Meeting, Jun 07, 2024 Zimmite Taiwan Ltd., Annual General Meeting, Jun 07, 2024. Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: NT$4.37 (vs NT$4.00 in FY 2022) Full year 2023 results: EPS: NT$4.37 (up from NT$4.00 in FY 2022). Revenue: NT$706.3m (down 8.1% from FY 2022). Net income: NT$138.5m (up 9.3% from FY 2022). Profit margin: 20% (up from 17% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$1.35 (vs NT$1.12 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.35 (up from NT$1.12 in 2Q 2022). Revenue: NT$187.0m (down 4.8% from 2Q 2022). Net income: NT$42.8m (up 21% from 2Q 2022). Profit margin: 23% (up from 18% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year and the company’s share price has also increased by 7% per year. Upcoming Dividend • Mar 31
Upcoming dividend of NT$3.80 per share at 6.0% yield Eligible shareholders must have bought the stock before 07 April 2023. Payment date: 12 May 2023. Payout ratio and cash payout ratio are on the higher end at 95% and 96% respectively. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.9%). Higher than average of industry peers (4.0%). Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: NT$4.00 (vs NT$4.03 in FY 2021) Full year 2022 results: EPS: NT$4.00 (down from NT$4.03 in FY 2021). Revenue: NT$768.8m (flat on FY 2021). Net income: NT$126.8m (flat on FY 2021). Profit margin: 17% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 11 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Ming Wei Lo was the last independent director to join the board, commencing their role in 2017. 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 • Aug 15
Second quarter 2022 earnings released: EPS: NT$1.12 (vs NT$0.88 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.12 (up from NT$0.88 in 2Q 2021). Revenue: NT$196.4m (up 3.1% from 2Q 2021). Net income: NT$35.4m (up 28% from 2Q 2021). Profit margin: 18% (up from 15% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$0.96 (vs NT$0.87 in 1Q 2021) First quarter 2022 results: EPS: NT$0.96 (up from NT$0.87 in 1Q 2021). Revenue: NT$190.5m (up 5.0% from 1Q 2021). Net income: NT$30.4m (up 11% from 1Q 2021). Profit margin: 16% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 7% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 2 independent directors (7 non-independent directors). Independent Director Ming Wei Lo was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 30
Upcoming dividend of NT$3.80 per share Eligible shareholders must have bought the stock before 06 April 2022. Payment date: 10 May 2022. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.7%). Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: NT$4.03 (vs NT$3.54 in FY 2020) Full year 2021 results: EPS: NT$4.03 (up from NT$3.54 in FY 2020). Revenue: NT$773.1m (up 8.4% from FY 2020). Net income: NT$127.9m (up 14% from FY 2020). Profit margin: 17% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$1.19 (vs NT$0.94 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$197.6m (up 7.3% from 3Q 2020). Net income: NT$37.6m (up 25% from 3Q 2020). Profit margin: 19% (up from 16% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Jul 13
Upcoming dividend of NT$3.50 per share Eligible shareholders must have bought the stock before 20 July 2021. Payment date: 10 August 2021. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.7%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.62 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$181.5m (up 17% from 1Q 2020). Net income: NT$27.5m (up 40% from 1Q 2020). Profit margin: 15% (up from 13% 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 2% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS NT$3.54 (vs NT$3.50 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$713.4m (down 6.9% from FY 2019). Net income: NT$112.4m (up 1.2% from FY 2019). Profit margin: 16% (up from 14% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 4% per year. 공시 • Mar 18
Zimmite Taiwan Ltd., Annual General Meeting, Jun 11, 2021 Zimmite Taiwan Ltd., Annual General Meeting, Jun 11, 2021. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improved over the past week After last week's 16% share price gain to NT$59.30, the stock is trading at a trailing P/E ratio of 17.7x, up from the previous P/E ratio of 15.3x. This compares to an average P/E of 13x in the Water Utilities industry in Asia. Total returns to shareholders over the past three years are 44%. Is New 90 Day High Low • Feb 21
New 90-day high: NT$51.30 The company is up 2.0% from its price of NT$50.10 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 6.0% over the same period. Is New 90 Day High Low • Dec 15
New 90-day high: NT$50.90 The company is up 4.0% from its price of NT$49.15 on 17 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 5.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.95 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$184.2m (down 12% from 3Q 2019). Net income: NT$30.0m (up 6.7% from 3Q 2019). Profit margin: 16% (up from 13% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Oct 08
New 90-day high: NT$50.20 The company is up 1.0% from its price of NT$49.55 on 10 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 9.0% over the same period.