Reported Earnings • May 12
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.70 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00 (up from NT$0.70 in 1Q 2025). Revenue: NT$704.1m (up 19% from 1Q 2025). Net income: NT$75.3m (up 115% from 1Q 2025). Profit margin: 11% (up from 5.9% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$0.99 (vs NT$1.60 in FY 2024) Full year 2025 results: EPS: NT$0.99 (down from NT$1.60 in FY 2024). Revenue: NT$2.21b (down 3.6% from FY 2024). Net income: NT$49.5m (down 39% from FY 2024). Profit margin: 2.2% (down from 3.5% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 13
Scan-D Corporation, Annual General Meeting, Jun 11, 2026 Scan-D Corporation, Annual General Meeting, Jun 11, 2026. Location: no,69, ting hu 1st st., gueishan district, taoyuan city Taiwan Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: NT$0.07 (vs NT$0.27 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.07 (down from NT$0.27 in 3Q 2024). Revenue: NT$506.2m (down 5.5% from 3Q 2024). Net income: NT$3.27m (down 76% from 3Q 2024). Profit margin: 0.6% (down from 2.5% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 01
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.1% to NT$28.30. The fair value is estimated to be NT$23.54, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 48%. Buy Or Sell Opportunity • Sep 03
Now 21% overvalued Over the last 90 days, the stock has fallen 6.6% to NT$28.50. The fair value is estimated to be NT$23.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 48%. Buy Or Sell Opportunity • Aug 18
Now 21% overvalued Over the last 90 days, the stock has fallen 7.3% to NT$28.70. The fair value is estimated to be NT$23.79, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 3.6% over the last 3 years. Earnings per share has declined by 48%. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$0.14 (vs NT$0.15 loss in 2Q 2024) Second quarter 2025 results: EPS: NT$0.14 (up from NT$0.15 loss in 2Q 2024). Revenue: NT$511.3m (flat on 2Q 2024). Net income: NT$7.23m (up NT$14.8m from 2Q 2024). Profit margin: 1.4% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 13
Dividend reduced to NT$1.50 Dividend of NT$1.50 is 25% lower than last year. Ex-date: 26th June 2025 Payment date: 18th July 2025 Dividend yield will be 4.9%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is well covered by cash flows (35% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. However, EPS has declined by 8.8% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 10
First quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.82 in 1Q 2024) First quarter 2025 results: EPS: NT$0.70 (down from NT$0.82 in 1Q 2024). Revenue: NT$591.0m (down 2.2% from 1Q 2024). Net income: NT$35.1m (down 15% from 1Q 2024). Profit margin: 5.9% (down from 6.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Aankondiging • Apr 30
Scan-D Corporation to Report Q1, 2025 Results on May 09, 2025 Scan-D Corporation announced that they will report Q1, 2025 results on May 09, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$27.15, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 19x in the Specialty Retail industry in Taiwan. Total loss to shareholders of 36% over the past three years. Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: NT$1.60 (vs NT$2.06 in FY 2023) Full year 2024 results: EPS: NT$1.60 (down from NT$2.06 in FY 2023). Revenue: NT$2.29b (down 2.9% from FY 2023). Net income: NT$80.4m (down 22% from FY 2023). Profit margin: 3.5% (down from 4.4% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Aankondiging • Mar 14
Scan-D Corporation, Annual General Meeting, Jun 19, 2025 Scan-D Corporation, Annual General Meeting, Jun 19, 2025. Location: no,69, ting hu 1st st., gueishan district, taoyuan city Taiwan Aankondiging • Mar 05
Scan-D Corporation to Report Fiscal Year 2024 Results on Mar 13, 2025 Scan-D Corporation announced that they will report fiscal year 2024 results on Mar 13, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.27 (vs NT$0.35 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.27 (down from NT$0.35 in 3Q 2023). Revenue: NT$535.5m (down 5.8% from 3Q 2023). Net income: NT$13.5m (down 24% from 3Q 2023). Profit margin: 2.5% (down from 3.1% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 45% 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. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.15 loss per share (vs NT$0.50 profit in 2Q 2023) Second quarter 2024 results: NT$0.15 loss per share (down from NT$0.50 profit in 2Q 2023). Revenue: NT$515.4m (down 10% from 2Q 2023). Net loss: NT$7.54m (down 130% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Aankondiging • Aug 03
Scan-D Corporation to Report Q2, 2024 Results on Aug 12, 2024 Scan-D Corporation announced that they will report Q2, 2024 results on Aug 12, 2024 Declared Dividend • Jun 14
Dividend reduced to NT$2.00 Dividend of NT$2.00 is 41% lower than last year. Ex-date: 27th June 2024 Payment date: 19th July 2024 Dividend yield will be 4.7%, which is higher than the industry average of 1.2%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio). However, it is covered by cash flows (74% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 6.6% to bring the payout ratio under control. However, EPS has declined by 6.3% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.82 (vs NT$0.78 in 1Q 2023) First quarter 2024 results: EPS: NT$0.82 (up from NT$0.78 in 1Q 2023). Revenue: NT$604.5m (up 4.1% from 1Q 2023). Net income: NT$41.1m (up 4.5% from 1Q 2023). Profit margin: 6.8% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Aankondiging • May 03
Scan-D Corporation to Report Q1, 2024 Results on May 09, 2024 Scan-D Corporation announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: NT$2.06 (vs NT$4.29 in FY 2022) Full year 2023 results: EPS: NT$2.06 (down from NT$4.29 in FY 2022). Revenue: NT$2.36b (down 4.5% from FY 2022). Net income: NT$103.3m (down 52% from FY 2022). Profit margin: 4.4% (down from 8.7% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 27% 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. Aankondiging • Mar 14
Scan-D Corporation, Annual General Meeting, Jun 19, 2024 Scan-D Corporation, Annual General Meeting, Jun 19, 2024. Location: No. 69, Dinhu 1 St. Taoyuan City Taiwan Agenda: To consider the Company's 2023 Business Report; to consider the audit Committees review report on the 2023 financial statements; to consider the Company's Report on the 2023 Employee, Director Compensation Distribution; to consider the Company's Report on the 2023 Distribution of cash dividends; to consider the company's 2023 Annual Business Report and Final Accounts Resolution; to consider the Company's 2023 Earnings Distribution Statement; to consider the amendments to Certain Articles of the Company's Rules and Procedures of shareholders Meeting. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$0.35 (vs NT$0.62 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.35 (down from NT$0.62 in 3Q 2022). Revenue: NT$568.3m (up 2.7% from 3Q 2022). Net income: NT$17.7m (down 43% from 3Q 2022). Profit margin: 3.1% (down from 5.6% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.50 (vs NT$0.96 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.50 (down from NT$0.96 in 2Q 2022). Revenue: NT$573.2m (down 2.3% from 2Q 2022). Net income: NT$25.0m (down 48% from 2Q 2022). Profit margin: 4.4% (down from 8.3% in 2Q 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 22
Upcoming dividend of NT$3.40 per share at 7.3% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 19 July 2023. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (1.0%). Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: NT$4.30 (vs NT$5.54 in FY 2021) Full year 2022 results: EPS: NT$4.30 (down from NT$5.54 in FY 2021). Revenue: NT$2.47b (up 3.2% from FY 2021). Net income: NT$215.8m (down 20% from FY 2021). Profit margin: 8.8% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year. Buying Opportunity • Mar 09
Now 20% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be NT$57.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 29%. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hui-Ping Lin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.97 (vs NT$0.74 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.97 (up from NT$0.74 in 2Q 2021). Revenue: NT$586.7m (up 20% from 2Q 2021). Net income: NT$48.4m (up 40% from 2Q 2021). Profit margin: 8.3% (up from 7.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 04
Upcoming dividend of NT$4.40 per share Eligible shareholders must have bought the stock before 11 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 86%, however this is supported by cash flows. Trailing yield: 9.2%. Within top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.7%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$2.06 in 1Q 2021) First quarter 2022 results: EPS: NT$1.59 (down from NT$2.06 in 1Q 2021). Revenue: NT$660.6m (up 2.4% from 1Q 2021). Net income: NT$79.7m (down 18% from 1Q 2021). Profit margin: 12% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hui-Ping Lin was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 02
Scan-D Corporation, Annual General Meeting, Jun 23, 2022 Scan-D Corporation, Annual General Meeting, Jun 23, 2022. Reported Earnings • Apr 01
Full year 2021 earnings released: EPS: NT$5.54 (vs NT$4.88 in FY 2020) Full year 2021 results: EPS: NT$5.54 (up from NT$4.88 in FY 2020). Revenue: NT$2.39b (up 12% from FY 2020). Net income: NT$270.1m (up 20% from FY 2020). Profit margin: 11% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 11
Third quarter 2021 earnings released: EPS NT$0.84 (vs NT$1.57 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$508.8m (down 14% from 3Q 2020). Net income: NT$41.6m (down 43% from 3Q 2020). Profit margin: 8.2% (down from 12% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS NT$0.74 (vs NT$0.47 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$488.4m (up 24% from 2Q 2020). Net income: NT$34.7m (up 61% from 2Q 2020). Profit margin: 7.1% (up from 5.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 22
Upcoming dividend of NT$3.94 per share Eligible shareholders must have bought the stock before 29 July 2021. Payment date: 18 August 2021. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%). Reported Earnings • May 13
First quarter 2021 earnings released: EPS NT$2.06 (vs NT$0.66 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$645.4m (up 36% from 1Q 2020). Net income: NT$96.8m (up 217% from 1Q 2020). Profit margin: 15% (up from 6.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 3% per year. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$4.88 (vs NT$2.25 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.13b (up 17% from FY 2019). Net income: NT$225.0m (up 117% from FY 2019). Profit margin: 11% (up from 5.7% in FY 2019). The increase in margin was driven by higher revenue. 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 2% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 05
New 90-day high: NT$52.80 The company is up 8.0% from its price of NT$48.70 on 04 December 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Specialty Retail industry, which is down 8.0% over the same period. Executive Departure • Feb 04
Independent Director has left the company On the 28th of January, Chung-Cheng Chen's tenure as Independent Director ended after 9.6 years in the role. We don't have any record of a personal shareholding under Chung-Cheng's name. Chung-Cheng is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Jan 04
New 90-day high: NT$48.85 The company is up 26% from its price of NT$38.80 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is flat over the same period. Reported Earnings • Nov 12
Third quarter 2020 earnings released: EPS NT$1.57 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$588.0m (up 24% from 3Q 2019). Net income: NT$72.3m (up 281% from 3Q 2019). Profit margin: 12% (up from 4.0% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% 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. Is New 90 Day High Low • Nov 07
New 90-day high: NT$43.50 The company is up 27% from its price of NT$34.35 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 2.0% over the same period. Is New 90 Day High Low • Oct 20
New 90-day high: NT$39.45 The company is up 15% from its price of NT$34.30 on 22 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Specialty Retail industry, which is down 11% over the same period. Aankondiging • Jul 31
Scan-D Corporation (GTSM:6195) completed the acquisitions to acquire Nova Furnishing Holdings Pte Ltd. Scan-D Corporation (GTSM:6195) plan to acquire Nova Furnishing Holdings Pte Ltd for approximately TWD 230 million on April 19, 2019. The deal is expected to close on May 1, 2019.
Scan-D Corporation (GTSM:6195) completed the acquisitions to acquire Nova Furnishing Holdings Pte Ltd in May 2019.