Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$0.19 (vs NT$0.15 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.19 (up from NT$0.15 loss in 1Q 2025). Revenue: NT$844.5m (up 12% from 1Q 2025). Net income: NT$8.73m (up NT$15.7m from 1Q 2025). Profit margin: 1.0% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2025 earnings released: NT$2.52 loss per share (vs NT$5.67 loss in FY 2024) Full year 2025 results: NT$2.52 loss per share (improved from NT$5.67 loss in FY 2024). Revenue: NT$3.04b (down 11% from FY 2024). Net loss: NT$114.6m (loss narrowed 50% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Announcement • Mar 17
Buima Group Inc., Annual General Meeting, Jun 24, 2026 Buima Group Inc., Annual General Meeting, Jun 24, 2026. Location: 13 floor no,880, chung cheng rd., jhonghe district, new taipei city Taiwan Reported Earnings • Nov 15
Third quarter 2025 earnings released: NT$0.55 loss per share (vs NT$0.11 profit in 3Q 2024) Third quarter 2025 results: NT$0.55 loss per share (down from NT$0.11 profit in 3Q 2024). Revenue: NT$735.3m (down 10.0% from 3Q 2024). Net loss: NT$25.2m (down NT$29.6m from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. New Risk • Oct 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). Earnings have declined by 64% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (NT$1.21b market cap, or US$39.2m). Reported Earnings • Sep 02
Second quarter 2025 earnings released: NT$1.19 loss per share (vs NT$0.69 loss in 2Q 2024) Second quarter 2025 results: NT$1.19 loss per share (further deteriorated from NT$0.69 loss in 2Q 2024). Revenue: NT$727.3m (down 9.8% from 2Q 2024). Net loss: NT$54.0m (loss widened 93% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 41 percentage points per year, which is a significant difference in performance. New Risk • Jul 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (NT$900.6m market cap, or US$30.9m). New Risk • Jun 01
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 19% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 60% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (19% increase in shares outstanding). Market cap is less than US$100m (NT$839.2m market cap, or US$28.0m). Reported Earnings • May 19
First quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.40 profit in 1Q 2024) First quarter 2025 results: NT$0.15 loss per share (down from NT$0.40 profit in 1Q 2024). Revenue: NT$756.5m (down 18% from 1Q 2024). Net loss: NT$6.93m (down 143% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 47 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 02
Full year 2024 earnings released: NT$5.67 loss per share (vs NT$2.50 loss in FY 2023) Full year 2024 results: NT$5.67 loss per share (further deteriorated from NT$2.50 loss in FY 2023). Revenue: NT$3.40b (up 4.2% from FY 2023). Net loss: NT$231.1m (loss widened 133% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Announcement • Mar 19
Buima Group Inc., Annual General Meeting, Jun 11, 2025 Buima Group Inc., Annual General Meeting, Jun 11, 2025, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., taipei city Taiwan Upcoming Dividend • Dec 19
Upcoming dividend of NT$0.094 per share Eligible shareholders must have bought the stock before 26 December 2024. Payment date: 22 January 2025. The company is not currently making a profit and is not cash flow positive. Trailing yield: 0.4%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (4.2%). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.11 (vs NT$0.12 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.11 (up from NT$0.12 loss in 3Q 2023). Revenue: NT$817.3m (up 7.3% from 3Q 2023). Net income: NT$4.41m (up NT$9.13m from 3Q 2023). Profit margin: 0.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Reported Earnings • Sep 03
Second quarter 2024 earnings released: NT$0.71 loss per share (vs NT$0.51 loss in 2Q 2023) Second quarter 2024 results: NT$0.71 loss per share (further deteriorated from NT$0.51 loss in 2Q 2023). Revenue: NT$806.1m (down 7.2% from 2Q 2023). Net loss: NT$28.0m (loss widened 42% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Jul 01
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at NT$45.30. The fair value is estimated to be NT$37.05, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.41 (vs NT$1.18 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.41 (up from NT$1.18 loss in 1Q 2023). Revenue: NT$921.5m (up 18% from 1Q 2023). Net income: NT$16.2m (up NT$60.1m from 1Q 2023). Profit margin: 1.8% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. New Risk • Apr 03
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 18% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 38% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.70b market cap, or US$53.2m). Reported Earnings • Apr 03
Full year 2023 earnings released: NT$2.57 loss per share (vs NT$1.63 loss in FY 2022) Full year 2023 results: NT$2.57 loss per share (further deteriorated from NT$1.63 loss in FY 2022). Revenue: NT$3.27b (down 11% from FY 2022). Net loss: NT$99.0m (loss widened 63% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Announcement • Mar 19
Buima Group Inc., Annual General Meeting, Jun 06, 2024 Buima Group Inc., Annual General Meeting, Jun 06, 2024. Reported Earnings • Nov 16
Third quarter 2023 earnings released: NT$0.12 loss per share (vs NT$0.021 profit in 3Q 2022) Third quarter 2023 results: NT$0.12 loss per share (down from NT$0.021 profit in 3Q 2022). Revenue: NT$761.6m (down 27% from 3Q 2022). Net loss: NT$4.73m (down NT$5.52m from profit in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 31
Second quarter 2023 earnings released: NT$0.51 loss per share (vs NT$0.31 profit in 2Q 2022) Second quarter 2023 results: NT$0.51 loss per share (down from NT$0.31 profit in 2Q 2022). Revenue: NT$868.7m (up 5.4% from 2Q 2022). Net loss: NT$19.7m (down 268% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Aug 28
Upcoming dividend of NT$0.76 per share at 1.7% yield Eligible shareholders must have bought the stock before 04 September 2023. Payment date: 22 September 2023. The company is not currently making a profit and its cash payout ratio is 78%. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.8%). Reported Earnings • Apr 01
Full year 2022 earnings released: NT$1.63 loss per share (vs NT$3.26 profit in FY 2021) Full year 2022 results: NT$1.63 loss per share (down from NT$3.26 profit in FY 2021). Revenue: NT$3.66b (up 35% from FY 2021). Net loss: NT$61.0m (down 152% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.68 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.02 (down from NT$0.68 in 3Q 2021). Revenue: NT$1.04b (up 58% from 3Q 2021). Net income: NT$794.0k (down 97% from 3Q 2021). Profit margin: 0.1% (down from 3.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chun-Jen Cheng was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 01
Second quarter 2022 earnings released: EPS: NT$0.31 (vs NT$1.60 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.31 (down from NT$1.60 in 2Q 2021). Revenue: NT$823.9m (up 43% from 2Q 2021). Net income: NT$11.7m (down 80% from 2Q 2021). Profit margin: 1.4% (down from 9.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 29
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 05 August 2022. Payment date: 26 August 2022. Payout ratio is on the higher end at 80% but the company is not cash flow positive. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (8.0%). Reported Earnings • May 17
First quarter 2022 earnings released: NT$0.55 loss per share (vs NT$0.15 profit in 1Q 2021) First quarter 2022 results: NT$0.55 loss per share (down from NT$0.15 profit in 1Q 2021). Revenue: NT$865.2m (up 114% from 1Q 2021). Net loss: NT$20.7m (down 473% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target increased to NT$82.00 Up from NT$27.10, the current price target is provided by 1 analyst. New target price is 41% above last closing price of NT$58.00. Stock is down 8.8% over the past year. The company posted earnings per share of NT$3.26 last year. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Chun-Jen Cheng was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: NT$3.26 (vs NT$0.80 in FY 2020) Full year 2021 results: EPS: NT$3.26 (up from NT$0.80 in FY 2020). Revenue: NT$2.72b (up 169% from FY 2020). Net income: NT$118.2m (up 313% from FY 2020). Profit margin: 4.3% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 64%, compared to a 12% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS NT$0.68 (vs NT$1.01 in 3Q 2020) The company reported a decent third quarter result with improved revenues, although earnings and profit margins were weaker. Third quarter 2021 results: Revenue: NT$657.9m (up 120% from 3Q 2020). Net income: NT$24.8m (down 31% from 3Q 2020). Profit margin: 3.8% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 15
Upcoming dividend of NT$0.96 per share Eligible shareholders must have bought the stock before 22 November 2021. Payment date: 10 December 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.1%). Lower than average of industry peers (2.5%). Reported Earnings • Sep 01
Second quarter 2021 earnings released: EPS NT$1.60 (vs NT$0.028 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$577.9m (up 152% from 2Q 2020). Net income: NT$57.0m (up NT$56.0m from 2Q 2020). Profit margin: 9.9% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.16 (vs NT$0.42 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$405.1m (up 172% from 1Q 2020). Net income: NT$5.55m (up NT$20.6m from 1Q 2020). Profit margin: 1.4% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS NT$0.80 (vs NT$0.63 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.01b (up 1.6% from FY 2019). Net income: NT$28.7m (up 27% from FY 2019). Profit margin: 2.8% (up from 2.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 26
New 90-day low: NT$53.60 The company is down 11% from its price of NT$60.10 on 27 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 10.0% over the same period. Is New 90 Day High Low • Feb 01
New 90-day low: NT$55.20 The company is down 6.0% from its price of NT$59.00 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Building industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: NT$61.50 The company is up 18% from its price of NT$52.00 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Building industry, which is up 23% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: NT$60.00 The company is up 14% from its price of NT$52.50 on 26 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Building industry, which is up 23% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$1.01 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$298.6m (up 26% from 3Q 2019). Net income: NT$35.9m (up NT$31.7m from 3Q 2019). Profit margin: 12% (up from 1.8% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 27
New 90-day high: NT$55.20 The company is up 30% from its price of NT$42.55 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 23% over the same period.