GTSM:3631

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Chernan Metal Industrial

Executive Summary

Chernan Metal Industrial Corp. manufactures and sells tin and tin wire products in Taiwan. More Details

Risk Analysis

No risks detected for 3631 from our risk checks.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Chernan Metal Industrial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3631 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 3631's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-2.3%

3631

1.5%

TW Electrical

-0.04%

TW Market


1 Year Return

60.7%

3631

18.0%

TW Electrical

17.8%

TW Market

Return vs Industry: 3631 exceeded the TW Electrical industry which returned 18% over the past year.

Return vs Market: 3631 exceeded the TW Market which returned 17.8% over the past year.


Shareholder returns

3631IndustryMarket
7 Day-2.3%1.5%-0.04%
30 Day19.9%2.3%6.2%
90 Day14.4%6.6%7.0%
1 Year60.7%60.7%22.7%18.0%22.0%17.8%
3 Year61.8%61.8%28.9%14.3%42.1%26.4%
5 Year87.9%87.9%83.1%51.0%93.0%59.1%

Long-Term Price Volatility Vs. Market

How volatile is Chernan Metal Industrial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chernan Metal Industrial undervalued compared to its fair value and its price relative to the market?

3.05x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 3631's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 3631's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 3631 is unprofitable, so we can't compare its PE Ratio to the TW Electrical industry average.

PE vs Market: 3631 is unprofitable, so we can't compare its PE Ratio to the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3631's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3631 is overvalued based on its PB Ratio (3x) compared to the TW Electrical industry average (1.4x).


Next Steps

Future Growth

How is Chernan Metal Industrial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.0%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Chernan Metal Industrial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Chernan Metal Industrial performed over the past 5 years?

64.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3631 is currently unprofitable.

Growing Profit Margin: 3631 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3631 is unprofitable, but has reduced losses over the past 5 years at a rate of 64% per year.

Accelerating Growth: Unable to compare 3631's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3631 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (1.8%).


Return on Equity

High ROE: 3631 has a negative Return on Equity (-1.09%), as it is currently unprofitable.


Next Steps

Financial Health

How is Chernan Metal Industrial's financial position?


Financial Position Analysis

Short Term Liabilities: 3631's short term assets (NT$1.5B) exceed its short term liabilities (NT$488.3M).

Long Term Liabilities: 3631's short term assets (NT$1.5B) exceed its long term liabilities (NT$341.3M).


Debt to Equity History and Analysis

Debt Level: 3631's debt to equity ratio (32.3%) is considered satisfactory.

Reducing Debt: 3631's debt to equity ratio has reduced from 56.2% to 32.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 3631 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 3631 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 55.6% each year


Next Steps

Dividend

What is Chernan Metal Industrial current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3631's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3631's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3631's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3631's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3631 is not paying a notable dividend for the TW market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3631's dividend in 3 years as they are not forecast to pay a notable one for the TW market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Chernan Metal Industrial has no CEO, or we have no data on them.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Chernan Metal Industrial Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chernan Metal Industrial Corp.
  • Ticker: 3631
  • Exchange: GTSM
  • Founded: 1984
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: NT$3.904b
  • Shares outstanding: 79.92m
  • Website: https://www.chernan.com

Location

  • Chernan Metal Industrial Corp.
  • No.161, Wanshou Road
  • 9th Floor-2
  • Taoyuan City
  • 333
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3631GTSM (Taipei Exchange)YesCommon StockTWTWDSep 2008

Biography

Chernan Metal Industrial Corp. manufactures and sells tin and tin wire products in Taiwan. It also offers solder paste and flux products; copper and nickel; and germanium. The company was formerly known as...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 08:41
End of Day Share Price2020/11/25 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.