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Hwa Fong Rubber Industrial TWSE:2109 Stock Report

Last Price

NT$18.20

Market Cap

NT$5.1b

7D

0.3%

1Y

23.8%

Updated

18 Dec, 2024

Data

Company Financials

Hwa Fong Rubber Industrial Co., Ltd.

TWSE:2109 Stock Report

Market Cap: NT$5.1b

2109 Stock Overview

Manufactures, processes, sells, imports, and exports tires and tubes under the DURO brand in Taiwan, China, the United States, Thailand, and internationally. More details

2109 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Hwa Fong Rubber Industrial Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Hwa Fong Rubber Industrial
Historical stock prices
Current Share PriceNT$18.20
52 Week HighNT$20.95
52 Week LowNT$14.20
Beta0.39
1 Month Change1.11%
3 Month Change-2.67%
1 Year Change23.81%
3 Year Change8.01%
5 Year Change39.07%
Change since IPO-27.71%

Recent News & Updates

Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

Nov 20
Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

Hwa Fong Rubber Industrial (TWSE:2109) Will Pay A Dividend Of NT$0.70

Aug 21
Hwa Fong Rubber Industrial (TWSE:2109) Will Pay A Dividend Of NT$0.70

Recent updates

Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

Nov 20
Impressive Earnings May Not Tell The Whole Story For Hwa Fong Rubber Industrial (TWSE:2109)

Hwa Fong Rubber Industrial (TWSE:2109) Will Pay A Dividend Of NT$0.70

Aug 21
Hwa Fong Rubber Industrial (TWSE:2109) Will Pay A Dividend Of NT$0.70

Hwa Fong Rubber Industrial's (TWSE:2109) Shareholders Will Receive A Bigger Dividend Than Last Year

Mar 23
Hwa Fong Rubber Industrial's (TWSE:2109) Shareholders Will Receive A Bigger Dividend Than Last Year

We Think That There Are Some Issues For Hwa Fong Rubber Industrial (TWSE:2109) Beyond Its Promising Earnings

Mar 21
We Think That There Are Some Issues For Hwa Fong Rubber Industrial (TWSE:2109) Beyond Its Promising Earnings

These 4 Measures Indicate That Hwa Fong Rubber Industrial (TWSE:2109) Is Using Debt Reasonably Well

Mar 13
These 4 Measures Indicate That Hwa Fong Rubber Industrial (TWSE:2109) Is Using Debt Reasonably Well

Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Mar 13
Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

The Trends At Hwa Fong Rubber Ind (TPE:2109) That You Should Know About

Feb 15
The Trends At Hwa Fong Rubber Ind (TPE:2109) That You Should Know About

Are Hwa Fong Rubber Ind's (TPE:2109) Statutory Earnings A Good Guide To Its Underlying Profitability?

Jan 25
Are Hwa Fong Rubber Ind's (TPE:2109) Statutory Earnings A Good Guide To Its Underlying Profitability?

Update: Hwa Fong Rubber Ind (TPE:2109) Stock Gained 34% In The Last Five Years

Jan 04
Update: Hwa Fong Rubber Ind (TPE:2109) Stock Gained 34% In The Last Five Years

Does Hwa Fong Rubber Ind (TPE:2109) Have A Healthy Balance Sheet?

Dec 14
Does Hwa Fong Rubber Ind (TPE:2109) Have A Healthy Balance Sheet?

Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Nov 23
Hwa Fong Rubber Ind. Co., Ltd.'s (TPE:2109) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

Shareholder Returns

2109TW Auto ComponentsTW Market
7D0.3%-3.2%-0.6%
1Y23.8%4.6%28.5%

Return vs Industry: 2109 exceeded the TW Auto Components industry which returned 4.6% over the past year.

Return vs Market: 2109 underperformed the TW Market which returned 28.5% over the past year.

Price Volatility

Is 2109's price volatile compared to industry and market?
2109 volatility
2109 Average Weekly Movement2.3%
Auto Components Industry Average Movement4.6%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2109 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2109's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1945n/aJiaw-Chyi Wangwww.duro.com.tw

Hwa Fong Rubber Industrial Co., Ltd., together with its subsidiaries, manufactures, processes, sells, imports, and exports tires and tubes under the DURO brand in Taiwan, China, the United States, Thailand, and internationally. The company offers tires and tubes for bicycles, trucks, and buses; motorcycles, scooters, and mopeds; ATVs; passenger cars, SUVs, pick-ups, light trucks, and special trailers; golf carts; go karts; forklifts and skid-steers; mobile homes; and wheelchairs, as well as for commercial, winter, MX off-road/trail, eco, industrial, logistics, agricultural, lawn and garden, snow blower, and powersports applications. Hwa Fong Rubber Industrial Co., Ltd.

Hwa Fong Rubber Industrial Co., Ltd. Fundamentals Summary

How do Hwa Fong Rubber Industrial's earnings and revenue compare to its market cap?
2109 fundamental statistics
Market capNT$5.08b
Earnings (TTM)NT$435.23m
Revenue (TTM)NT$4.81b

11.7x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2109 income statement (TTM)
RevenueNT$4.81b
Cost of RevenueNT$3.58b
Gross ProfitNT$1.23b
Other ExpensesNT$790.97m
EarningsNT$435.23m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.56
Gross Margin25.50%
Net Profit Margin9.05%
Debt/Equity Ratio33.1%

How did 2109 perform over the long term?

See historical performance and comparison

Dividends

8.2%

Current Dividend Yield

96%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 15:06
End of Day Share Price 2024/12/18 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

Hwa Fong Rubber Industrial Co., Ltd. is covered by 1 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
Praveen GaikwadVirtua Research Inc.