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Right Way IndustrialLtd TWSE:1506 Stock Report

Last Price

NT$16.05

Market Cap

NT$4.8b

7D

0.3%

1Y

-22.8%

Updated

23 Mar, 2024

Data

Company Financials

Right Way Industrial Co.,Ltd

TWSE:1506 Stock Report

Market Cap: NT$4.8b

1506 Stock Overview

Right Way Industrial Co.,Ltd manufactures and sells automobile parts worldwide.

1506 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 1506 from our risk checks.

Right Way Industrial Co.,Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Right Way IndustrialLtd
Historical stock prices
Current Share PriceNT$16.05
52 Week HighNT$22.35
52 Week LowNT$15.20
Beta0.51
1 Month Change-4.18%
3 Month Change-4.18%
1 Year Change-22.84%
3 Year Change62.94%
5 Year Change-22.28%
Change since IPO-84.60%

Recent News & Updates

Right Way IndustrialLtd's (TWSE:1506) Anemic Earnings Might Be Worse Than You Think

Mar 21
Right Way IndustrialLtd's (TWSE:1506) Anemic Earnings Might Be Worse Than You Think

Recent updates

Right Way IndustrialLtd's (TWSE:1506) Anemic Earnings Might Be Worse Than You Think

Mar 21
Right Way IndustrialLtd's (TWSE:1506) Anemic Earnings Might Be Worse Than You Think

Here's Why Right Way IndustrialLtd (TPE:1506) Can Afford Some Debt

Apr 05
Here's Why Right Way IndustrialLtd (TPE:1506) Can Afford Some Debt

Right Way IndustrialLtd's (TPE:1506) Stock Price Has Reduced 56% In The Past Three Years

Feb 11
Right Way IndustrialLtd's (TPE:1506) Stock Price Has Reduced 56% In The Past Three Years

Is Right Way IndustrialLtd (TPE:1506) A Risky Investment?

Dec 21
Is Right Way IndustrialLtd (TPE:1506) A Risky Investment?

Shareholder Returns

1506TW Auto ComponentsTW Market
7D0.3%2.1%2.7%
1Y-22.8%19.0%25.8%

Return vs Industry: 1506 underperformed the TW Auto Components industry which returned 19% over the past year.

Return vs Market: 1506 underperformed the TW Market which returned 25.8% over the past year.

Price Volatility

Is 1506's price volatile compared to industry and market?
1506 volatility
1506 Average Weekly Movement3.9%
Auto Components Industry Average Movement3.8%
Market Average Movement4.2%
10% most volatile stocks in TW Market8.0%
10% least volatile stocks in TW Market1.9%

Stable Share Price: 1506 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1506's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964n/an/ahttps://www.rightway.com.tw

Right Way Industrial Co.,Ltd manufactures and sells automobile parts worldwide. The company offers various casting and forging parts with steel or aluminum alloy materials, including pistons, connecting rods, steering knuckles and system parts, suspension control arms, industrial compressor housings, industrial pump chambers, die casting parts, cast iron parts, balance shafts, and suspension components for vehicle and industrial applications. It also provides engine connecting-rods, precision machining parts, ball joints, steering rod assy, and stabilizer links; and housings, mounts, and supporting brackets.

Right Way Industrial Co.,Ltd Fundamentals Summary

How do Right Way IndustrialLtd's earnings and revenue compare to its market cap?
1506 fundamental statistics
Market capNT$4.82b
Earnings (TTM)NT$86.66m
Revenue (TTM)NT$1.14b

55.6x

P/E Ratio

4.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1506 income statement (TTM)
RevenueNT$1.14b
Cost of RevenueNT$955.98m
Gross ProfitNT$184.74m
Other ExpensesNT$98.07m
EarningsNT$86.66m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.29
Gross Margin16.19%
Net Profit Margin7.60%
Debt/Equity Ratio2.1%

How did 1506 perform over the long term?

See historical performance and comparison
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