TSEC:1438

Stock Analysis Report

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Executive Summary

SanDi Properties Co.,Ltd. engages in the construction of commercial and industrial buildings. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has SanDi PropertiesLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1438 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1438's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

0%

1438

1.4%

TW Construction

0.9%

TW Market


1 Year Return

-1.6%

1438

19.2%

TW Construction

18.7%

TW Market

Return vs Industry: 1438 underperformed the TW Construction industry which returned 18.6% over the past year.

Return vs Market: 1438 underperformed the TW Market which returned 17.8% over the past year.


Shareholder returns

1438IndustryMarket
7 Day0%1.4%0.9%
30 Day-3.8%3.3%7.1%
90 Day-1.9%8.6%8.2%
1 Year-1.6%-1.6%25.2%19.2%23.0%18.7%
3 Year147.5%147.5%59.1%36.9%44.9%28.8%
5 Year168.1%168.1%103.2%58.6%94.4%60.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is SanDi PropertiesLtd undervalued compared to its fair value and its price relative to the market?

26.73x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1438's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1438's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1438 is poor value based on its PE Ratio (26.7x) compared to the TW Construction industry average (15.8x).

PE vs Market: 1438 is poor value based on its PE Ratio (26.7x) compared to the TW market (18.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1438's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1438 is overvalued based on its PB Ratio (2.3x) compared to the TW Construction industry average (1.1x).


Next Steps

Future Growth

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

13.4%

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 SanDi PropertiesLtd 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 SanDi PropertiesLtd performed over the past 5 years?

27.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1438 has a high level of non-cash earnings.

Growing Profit Margin: 1438 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1438's earnings have grown significantly by 27.8% per year over the past 5 years.

Accelerating Growth: 1438 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1438 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (6.7%).


Return on Equity

High ROE: 1438's Return on Equity (8.6%) is considered low.


Next Steps

Financial Health

How is SanDi PropertiesLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 1438's short term assets (NT$898.0M) exceed its short term liabilities (NT$296.8M).

Long Term Liabilities: 1438's short term assets (NT$898.0M) exceed its long term liabilities (NT$68.8M).


Debt to Equity History and Analysis

Debt Level: 1438's debt to equity ratio (52.3%) is considered high.

Reducing Debt: Insufficient data to determine if 1438's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1438's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1438 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is SanDi PropertiesLtd current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1438's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1438'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 1438's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1438'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 1438'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?

11.4yrs

Average board tenure


CEO

SanDi PropertiesLtd has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Ji Han Chen
Chairman and General Manager17.42yrsno datano data
Guo Hua Tu
Director8.42yrsno datano data
Wei Na Yang
Director17.42yrsno datano data
Wei Kun Yang
Director11.42yrsno datano data
Hui Ming Xie
Director8.42yrsno datano data
Mei Hua Li
Supervisor14.5yrsno datano data
Guo Li Chen
Supervisor8.25yrsno datano data

11.4yrs

Average Tenure

Experienced Board: 1438's board of directors are seasoned and experienced ( 11.4 years average tenure).


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

SanDi Properties Co.,Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SanDi Properties Co.,Ltd.
  • Ticker: 1438
  • Exchange: TSEC
  • Founded: 1949
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: NT$1.265b
  • Shares outstanding: 102.41m
  • Website: https://www.sandirealestate.com.tw

Number of Employees


Location

  • SanDi Properties Co.,Ltd.
  • No.175, Zhongzheng 2nd Road
  • 16th Floor-3
  • Kaohsiung
  • 802
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1438TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDJan 1992

Biography

SanDi Properties Co.,Ltd. engages in the construction of commercial and industrial buildings. It also engages in residential rental, real estate trading, and distribution of other department stores busines...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 08:34
End of Day Share Price2020/11/26 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.