Chun Yu Works
Market Cap
NT$4.4b
Last Updated
2020/11/26 08:33 UTC
Data Sources
Company Financials
Executive Summary
Chun Yu Works & Co., Ltd. manufactures and sells various fastener products in Taiwan, Indonesia, the United States, and China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with mediocre balance sheet.
Share Price & News
How has Chun Yu Works's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2012 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 2012's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
3.7%
2012
-0.1%
TW Machinery
-0.04%
TW Market
1 Year Return
-15.4%
2012
15.5%
TW Machinery
17.8%
TW Market
Return vs Industry: 2012 underperformed the TW Machinery industry which returned 15.5% over the past year.
Return vs Market: 2012 underperformed the TW Market which returned 17.8% over the past year.
Shareholder returns
| 2012 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.7% | -0.1% | -0.04% |
| 30 Day | 3.7% | 4.3% | 6.2% |
| 90 Day | 4.0% | 3.1% | 7.0% |
| 1 Year | -9.3%-15.4% | 18.8%15.5% | 22.0%17.8% |
| 3 Year | 38.8%17.9% | 16.0%5.2% | 42.1%26.4% |
| 5 Year | 49.5%16.3% | 99.7%68.2% | 93.0%59.1% |
Long-Term Price Volatility Vs. Market
How volatile is Chun Yu Works's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Should You Use Chun Yu Works's (TPE:2012) Statutory Earnings To Analyse It?4 weeks ago | Simply Wall St
We Think Chun Yu Works (TPE:2012) Is Taking Some Risk With Its Debt1 month ago | Simply Wall St
Will Chun Yu Works' (TPE:2012) Growth In ROCE Persist?Valuation
Is Chun Yu Works undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2012 (NT$16.8) is trading below our estimate of fair value (NT$74.99)
Significantly Below Fair Value: 2012 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2012 is poor value based on its PE Ratio (23.2x) compared to the TW Machinery industry average (16.5x).
PE vs Market: 2012 is poor value based on its PE Ratio (23.2x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2012's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2012 is good value based on its PB Ratio (1.3x) compared to the TW Machinery industry average (1.7x).
Next Steps
Future Growth
How is Chun Yu Works 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 Chun Yu Works 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
- Examine whether Chun Yu Works is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Chun Yu Works performed over the past 5 years?
16.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2012 has high quality earnings.
Growing Profit Margin: 2012's current net profit margins (2.4%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: 2012's earnings have grown by 16.1% per year over the past 5 years.
Accelerating Growth: 2012's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2012 had negative earnings growth (-60.5%) over the past year, making it difficult to compare to the Machinery industry average (-10.4%).
Return on Equity
High ROE: 2012's Return on Equity (6.7%) is considered low.
Next Steps
Financial Health
How is Chun Yu Works's financial position?
Financial Position Analysis
Short Term Liabilities: 2012's short term assets (NT$6.2B) exceed its short term liabilities (NT$3.5B).
Long Term Liabilities: 2012's short term assets (NT$6.2B) exceed its long term liabilities (NT$3.0B).
Debt to Equity History and Analysis
Debt Level: 2012's debt to equity ratio (120.2%) is considered high.
Reducing Debt: 2012's debt to equity ratio has increased from 110.2% to 120.2% over the past 5 years.
Debt Coverage: 2012's debt is not well covered by operating cash flow (19%).
Interest Coverage: 2012's interest payments on its debt are well covered by EBIT (5.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Chun Yu Works's current dividend yield, its reliability and sustainability?
7.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2012's dividend (7.14%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 2012's dividend (7.14%) is in the top 25% of dividend payers in the TW market (5.24%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 2012 has been paying a dividend for less than 10 years.
Growing Dividend: 2012's dividend payments have increased, but the company has only paid a dividend for 7 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (165.6%), 2012's dividend payments are not well 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.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
CEO
Simon Lee
no data
Tenure
Simon Lee serves as the Chief Executive Officer and President of Chun Yu Works & Co. Ltd.
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
Chun Yu Works & Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chun Yu Works & Co., Ltd.
- Ticker: 2012
- Exchange: TSEC
- Founded: 1949
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: NT$4.395b
- Shares outstanding: 263.94m
- Website: https://www.chunyu.com.tw
Location
- Chun Yu Works & Co., Ltd.
- No. 100, Tapao Street
- Kangshan
- Kaohsiung
- 82063
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2012 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Jan 1992 |
Biography
Chun Yu Works & Co., Ltd. manufactures and sells various fastener products in Taiwan, Indonesia, the United States, and China. The company offers automotive, bike, railway system, construction and building...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/26 08:33 |
| End of Day Share Price | 2020/11/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.