GTSM:4530

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Honyi International Company Limited manufactures and sells plastic injection molds. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Honyi International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 4530 is more volatile than 90% of TW stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 4530's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of TW stocks.


Market Performance


7 Day Return

-6.7%

4530

0.5%

TW Machinery

0.9%

TW Market


1 Year Return

47.8%

4530

16.1%

TW Machinery

18.7%

TW Market

Return vs Industry: 4530 exceeded the TW Machinery industry which returned 15.5% over the past year.

Return vs Market: 4530 exceeded the TW Market which returned 17.8% over the past year.


Shareholder returns

4530IndustryMarket
7 Day-6.7%0.5%0.9%
30 Day4.3%5.2%7.1%
90 Day30.4%3.0%8.2%
1 Year47.8%47.8%19.4%16.1%23.0%18.7%
3 Year49.9%49.9%14.9%4.4%44.9%28.8%
5 Year183.0%183.0%100.4%68.8%94.4%60.3%

Long-Term Price Volatility Vs. Market

How volatile is Honyi International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Honyi International undervalued compared to its fair value and its price relative to the market?

2.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 4530's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 4530's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 4530 is unprofitable, so we can't compare its PE Ratio to the TW Machinery industry average.

PE vs Market: 4530 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 4530's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 4530 is overvalued based on its PB Ratio (2.1x) compared to the TW Machinery industry average (1.7x).


Next Steps

Future Growth

How is Honyi International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.2%

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 Honyi International 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 Honyi International performed over the past 5 years?

-40.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 4530 is currently unprofitable.

Growing Profit Margin: 4530 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 4530 is unprofitable, and losses have increased over the past 5 years at a rate of 40.5% per year.

Accelerating Growth: Unable to compare 4530's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 4530 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-10.4%).


Return on Equity

High ROE: 4530 has a negative Return on Equity (-4.74%), as it is currently unprofitable.


Next Steps

Financial Health

How is Honyi International's financial position?


Financial Position Analysis

Short Term Liabilities: 4530's short term assets (NT$235.7M) exceed its short term liabilities (NT$16.2M).

Long Term Liabilities: 4530's short term assets (NT$235.7M) exceed its long term liabilities (NT$8.3M).


Debt to Equity History and Analysis

Debt Level: 4530 is debt free.

Reducing Debt: 4530 has no debt compared to 5 years ago when its debt to equity ratio was 38.2%.


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: 4530 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 4530 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 7.1% each year


Next Steps

Dividend

What is Honyi International current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 4530's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 4530'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 4530's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 4530's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 4530'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

Honyi International 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

Honyi International Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Honyi International Company Limited
  • Ticker: 4530
  • Exchange: GTSM
  • Founded: 1984
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: NT$614.091m
  • Shares outstanding: 46.17m
  • Website: https://www.honyigroup.com

Number of Employees


Location

  • Honyi International Company Limited
  • No. 2, Nanjing East Road
  • 6th Floor
  • Taipei
  • 10457
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
4530GTSM (Taipei Exchange)YesCommon StockTWTWDApr 2001

Biography

Honyi International Company Limited manufactures and sells plastic injection molds. The company offers precision thermoplastic injection molds for use in various applications, including automotive, home ap...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 08:43
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.