Hong-Wei Electrical Industry & Co., Ltd. engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan and internationally. More Details
Flawless balance sheet with outstanding track record.
Share Price & News
How has Hong-Wei Electrical Industry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4565 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 4565's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 4565 underperformed the TW Machinery industry which returned 19% over the past year.
Return vs Market: 4565 underperformed the TW Market which returned 20.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hong-Wei Electrical Industry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
21 hours ago | Simply Wall StAre Strong Financial Prospects The Force That Is Driving The Momentum In Hong-Wei Electrical Industry & Co., Ltd.'s GTSM:4565) Stock?
2 weeks ago | Simply Wall StHong-Wei Electrical Industry (GTSM:4565) Has Gifted Shareholders With A Fantastic 113% Total Return On Their Investment
1 month ago | Simply Wall StHong-Wei Electrical Industry (GTSM:4565) Seems To Use Debt Rather Sparingly
Is Hong-Wei Electrical Industry undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4565 (NT$51.3) is trading above our estimate of fair value (NT$40.89)
Significantly Below Fair Value: 4565 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4565 is good value based on its PE Ratio (10.8x) compared to the TW Machinery industry average (17.5x).
PE vs Market: 4565 is good value based on its PE Ratio (10.8x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4565's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4565 is overvalued based on its PB Ratio (2.3x) compared to the TW Machinery industry average (1.8x).
How is Hong-Wei Electrical Industry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Hong-Wei Electrical Industry 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.
- Check out Hong-Wei Electrical Industry's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Explore growth companies in the Capital Goods industry.
How has Hong-Wei Electrical Industry performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4565 has high quality earnings.
Growing Profit Margin: 4565's current net profit margins (16.4%) are higher than last year (12.5%).
Past Earnings Growth Analysis
Earnings Trend: 4565's earnings have grown by 16.2% per year over the past 5 years.
Accelerating Growth: 4565's earnings growth over the past year (29.5%) exceeds its 5-year average (16.2% per year).
Earnings vs Industry: 4565 earnings growth over the past year (29.5%) exceeded the Machinery industry -10.4%.
Return on Equity
High ROE: 4565's Return on Equity (21.6%) is considered high.
How is Hong-Wei Electrical Industry's financial position?
Financial Position Analysis
Short Term Liabilities: 4565's short term assets (NT$1.6B) exceed its short term liabilities (NT$855.8M).
Long Term Liabilities: 4565's short term assets (NT$1.6B) exceed its long term liabilities (NT$368.9M).
Debt to Equity History and Analysis
Debt Level: 4565's debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: 4565's debt to equity ratio has reduced from 92.2% to 27.7% over the past 5 years.
Debt Coverage: 4565's debt is well covered by operating cash flow (90%).
Interest Coverage: 4565 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Hong-Wei Electrical Industry current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4565's dividend (4.87%) is higher than the bottom 25% of dividend payers in the TW market (2.1%).
High Dividend: 4565's dividend (4.87%) is low compared to the top 25% of dividend payers in the TW market (5.17%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 4565 has been paying a dividend for less than 10 years.
Growing Dividend: 4565's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (52.7%), 4565's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Hong-Wei Electrical Industry has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hong-Wei Electrical Industry & Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Hong-Wei Electrical Industry & Co., Ltd.
- Ticker: 4565
- Exchange: GTSM
- Founded: 1979
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: NT$2.262b
- Shares outstanding: 44.10m
- Website: https://www.elevator.com.tw
Number of Employees
- Hong-Wei Electrical Industry & Co., Ltd.
- No. 33, Wuquan 5th Road
- Wugu District
- New Taipei City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|4565||GTSM (Taipei Exchange)||Yes||Ordinary Shares||TW||TWD||Oct 2016|
Hong-Wei Electrical Industry & Co., Ltd. engages in the design, manufacture, sale, maintenance, and service of various elevators in Taiwan and internationally. It offers freight elevators, including openin...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/02 08:31|
|End of Day Share Price||2020/12/01 00:00|
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.