Nankang Rubber Tire Corp.,Ltd.

TWSE:2101 Stock Report

Market Cap: NT$38.6b

Nankang Rubber TireLtd Past Earnings Performance

Past criteria checks 2/6

Nankang Rubber TireLtd's earnings have been declining at an average annual rate of -14.7%, while the Auto Components industry saw earnings growing at 18.6% annually. Revenues have been declining at an average rate of 3.4% per year. Nankang Rubber TireLtd's return on equity is 23.6%, and it has net margins of 21.5%.

Key information

-14.7%

Earnings growth rate

-15.6%

EPS growth rate

Auto Components Industry Growth12.8%
Revenue growth rate-3.4%
Return on equity23.6%
Net Margin21.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Business Is Yet to Catch Up With Its Share Price

Nov 14
Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Business Is Yet to Catch Up With Its Share Price

Is Nankang Rubber TireLtd (TWSE:2101) Using Too Much Debt?

Oct 14
Is Nankang Rubber TireLtd (TWSE:2101) Using Too Much Debt?

Unpleasant Surprises Could Be In Store For Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Shares

Aug 06
Unpleasant Surprises Could Be In Store For Nankang Rubber Tire Corp.,Ltd.'s (TWSE:2101) Shares

The Returns At Nankang Rubber TireLtd (TWSE:2101) Aren't Growing

Jun 30
The Returns At Nankang Rubber TireLtd (TWSE:2101) Aren't Growing

Subdued Growth No Barrier To Nankang Rubber Tire Corp.,Ltd. (TWSE:2101) With Shares Advancing 29%

Apr 19
Subdued Growth No Barrier To Nankang Rubber Tire Corp.,Ltd. (TWSE:2101) With Shares Advancing 29%

Nankang Rubber TireLtd (TWSE:2101) Has A Somewhat Strained Balance Sheet

Apr 11
Nankang Rubber TireLtd (TWSE:2101) Has A Somewhat Strained Balance Sheet

There May Be Underlying Issues With The Quality Of Nankang Rubber TireLtd's (TWSE:2101) Earnings

Mar 21
There May Be Underlying Issues With The Quality Of Nankang Rubber TireLtd's (TWSE:2101) Earnings

Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A Good Dividend Stock?

Mar 30
Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A Good Dividend Stock?

Nankang Rubber TireLtd (TPE:2101) Has A Pretty Healthy Balance Sheet

Mar 15
Nankang Rubber TireLtd (TPE:2101) Has A Pretty Healthy Balance Sheet

Will Nankang Rubber TireLtd (TPE:2101) Multiply In Value Going Forward?

Mar 01
Will Nankang Rubber TireLtd (TPE:2101) Multiply In Value Going Forward?

The Nankang Rubber TireLtd (TPE:2101) Share Price Is Up 49% And Shareholders Are Holding On

Feb 11
The Nankang Rubber TireLtd (TPE:2101) Share Price Is Up 49% And Shareholders Are Holding On

Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A High Quality Stock To Own?

Jan 27
Is Nankang Rubber Tire Corp.,Ltd. (TPE:2101) A High Quality Stock To Own?

What Kind Of Shareholders Hold The Majority In Nankang Rubber Tire Corp.,Ltd.'s (TPE:2101) Shares?

Jan 12
What Kind Of Shareholders Hold The Majority In Nankang Rubber Tire Corp.,Ltd.'s (TPE:2101) Shares?

What To Know Before Buying Nankang Rubber Tire Corp.,Ltd. (TPE:2101) For Its Dividend

Dec 28
What To Know Before Buying Nankang Rubber Tire Corp.,Ltd. (TPE:2101) For Its Dividend

Here's Why Nankang Rubber TireLtd (TPE:2101) Can Manage Its Debt Responsibly

Dec 13
Here's Why Nankang Rubber TireLtd (TPE:2101) Can Manage Its Debt Responsibly

Revenue & Expenses Breakdown

How Nankang Rubber TireLtd makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:2101 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2415,1163,2431,23783
30 Jun 248,4556351,11481
31 Mar 248,1131951,06878
31 Dec 237,8521341,03478
30 Sep 237,403-4431,01279
30 Jun 237,119-5151,09079
31 Mar 237,320-7851,21678
31 Dec 227,412-1,0241,40777
30 Sep 227,675-1,0771,58475
30 Jun 228,008-1,1471,87282
31 Mar 227,681-7422,007102
31 Dec 218,078-2432,053108
30 Sep 218,8764682,034114
30 Jun 219,6628421,713110
31 Mar 219,7021,1781,41594
31 Dec 209,6958441,20794
30 Sep 209,7167941,130100
30 Jun 209,4479841,098102
31 Mar 2010,5747911,192110
31 Dec 1911,1121,1361,232111
30 Sep 1910,9601,0101,185103
30 Jun 1910,8376191,182102
31 Mar 1910,8173691,14997
31 Dec 1810,4451831,107100
30 Sep 1810,5762971,09799
30 Jun 1810,9373851,09596
31 Mar 1810,9754581,09592
31 Dec 1711,3266331,11585
30 Sep 1711,2606311,16783
30 Jun 1710,8447711,16181
31 Mar 1710,7601,0611,18986
31 Dec 1610,3191,0261,16087
30 Sep 1610,2541,0961,11887
30 Jun 1610,3401,0741,13389
31 Mar 1610,3238921,11184
31 Dec 1510,8708101,15083
30 Sep 1511,0306461,18790
30 Jun 1511,2233971,23488
31 Mar 1512,0072831,29990
31 Dec 1412,3573351,31591
30 Sep 1412,7914911,33097
30 Jun 1413,4527531,308108
31 Mar 1413,4236191,247111
31 Dec 1313,1424591,210114

Quality Earnings: 2101 has high quality earnings.

Growing Profit Margin: 2101 became profitable in the past.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 2101's earnings have declined by 14.7% per year over the past 5 years.

Accelerating Growth: 2101 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2101 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Auto Components industry (11.7%).

Return on Equity

High ROE: Whilst 2101's Return on Equity (23.64%) is high, this metric is skewed due to their high level of debt.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/30 07:12
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nankang Rubber Tire Corp.,Ltd. is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jihong LaiCapital Securities Corporation
Titan HorngIBTS Investment Consulting Co., Ltd.
Sheng-Kuo ShihJih Sun Securities Investment Consulting Co., Ltd.