Well Shin Technology Co., Ltd. develops and sells household power cords in Taiwan and internationally. More Details
Flawless balance sheet and fair value.
Share Price & News
How has Well Shin Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3501 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: 3501's weekly volatility (1%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3501 underperformed the TW Electrical industry which returned 18% over the past year.
Return vs Market: 3501 underperformed the TW Market which returned 17.8% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Well Shin Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
7 hours ago | Simply Wall StDoes Well Shin Technology Co., Ltd.'s (TPE:3501) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
1 week ago | Simply Wall StIs Well Shin Technology Co., Ltd. (TPE:3501) Expensive For A Reason? A Look At Its Intrinsic Value
1 month ago | Simply Wall StIs Well Shin Technology (TPE:3501) A Risky Investment?
Is Well Shin Technology 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: 3501 (NT$47.7) is trading above our estimate of fair value (NT$37.77)
Significantly Below Fair Value: 3501 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3501 is good value based on its PE Ratio (12.3x) compared to the TW Electrical industry average (16.2x).
PE vs Market: 3501 is good value based on its PE Ratio (12.3x) compared to the TW market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: 3501 is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: 3501 is good value based on its PB Ratio (1x) compared to the TW Electrical industry average (1.4x).
How is Well Shin Technology forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3501's forecast earnings growth (9.9% per year) is above the savings rate (0.9%).
Earnings vs Market: 3501's earnings (9.9% per year) are forecast to grow slower than the TW market (16.2% per year).
High Growth Earnings: 3501's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3501's revenue (9.7% per year) is forecast to grow faster than the TW market (8.7% per year).
High Growth Revenue: 3501's revenue (9.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 3501's Return on Equity is forecast to be high in 3 years time
How has Well Shin Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3501 has high quality earnings.
Growing Profit Margin: 3501's current net profit margins (10.3%) are lower than last year (10.8%).
Past Earnings Growth Analysis
Earnings Trend: 3501's earnings have declined by 7.4% per year over the past 5 years.
Accelerating Growth: 3501's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3501 had negative earnings growth (-19.6%) over the past year, making it difficult to compare to the Electrical industry average (1.8%).
Return on Equity
High ROE: 3501's Return on Equity (7.9%) is considered low.
How is Well Shin Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3501's short term assets (NT$4.9B) exceed its short term liabilities (NT$1.2B).
Long Term Liabilities: 3501's short term assets (NT$4.9B) exceed its long term liabilities (NT$480.4M).
Debt to Equity History and Analysis
Debt Level: 3501's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 3501's debt to equity ratio has reduced from 5.3% to 3.8% over the past 5 years.
Debt Coverage: 3501's debt is well covered by operating cash flow (347.6%).
Interest Coverage: 3501 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Well Shin Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3501's dividend (6.29%) is higher than the bottom 25% of dividend payers in the TW market (2.15%).
High Dividend: 3501's dividend (6.29%) is in the top 25% of dividend payers in the TW market (5.24%)
Stability and Growth of Payments
Stable Dividend: 3501's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3501's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (77.3%), 3501's 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?
Rui Xiong Wu serves as President of Well Shin Technology Company Ltd. Rui Xiong Wu served as Chairman of Well Shin Technology Co., Ltd.
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.
Well Shin Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Well Shin Technology Co., Ltd.
- Ticker: 3501
- Exchange: TSEC
- Founded: 1986
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: NT$5.629b
- Shares outstanding: 118.26m
- Website: https://www.wellshin.com.tw
- Well Shin Technology Co., Ltd.
- No. 196, Xinhu 3rd Road
- Neihu District
- Taipei City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3501||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||Jul 2007|
Well Shin Technology Co., Ltd. develops and sells household power cords in Taiwan and internationally. It offers locking cords, AC power cord sets, AC/DC adapter kits, and AC sockets. The company also prov...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/26 08:36|
|End of Day Share Price||2020/11/26 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.