Chia Chang Co., Ltd engages in the stamping of metal components in Taiwan, Japan, and Korea. More Details
Flawless balance sheet average dividend payer.
Share Price & News
How has Chia Chang's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4942 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 4942's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 4942 underperformed the TW Machinery industry which returned 16.1% over the past year.
Return vs Market: 4942 underperformed the TW Market which returned 18.7% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Chia Chang's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall StAre Chia Chang's (TPE:4942) Statutory Earnings A Good Guide To Its Underlying Profitability?
3 weeks ago | Simply Wall StHere’s What’s Happening With Returns At Chia Chang (TPE:4942)
1 month ago | Simply Wall StShareholders Of Chia Chang (TPE:4942) Must Be Happy With Their 120% Total Return
Is Chia Chang 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: 4942 (NT$39.05) is trading above our estimate of fair value (NT$24.02)
Significantly Below Fair Value: 4942 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4942 is good value based on its PE Ratio (8.9x) compared to the TW Machinery industry average (16.9x).
PE vs Market: 4942 is good value based on its PE Ratio (8.9x) compared to the TW market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 4942's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 4942 is good value based on its PB Ratio (0.8x) compared to the TW Machinery industry average (1.7x).
How is Chia Chang 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 Chia Chang 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.
- Examine whether Chia Chang 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.
How has Chia Chang performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4942 has high quality earnings.
Growing Profit Margin: 4942's current net profit margins (8.6%) are higher than last year (8.2%).
Past Earnings Growth Analysis
Earnings Trend: 4942 has become profitable over the past 5 years, growing earnings by 49.7% per year.
Accelerating Growth: 4942's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4942 had negative earnings growth (-0.7%) over the past year, making it difficult to compare to the Machinery industry average (-10.4%).
Return on Equity
High ROE: 4942's Return on Equity (8.8%) is considered low.
How is Chia Chang's financial position?
Financial Position Analysis
Short Term Liabilities: 4942's short term assets (NT$7.9B) exceed its short term liabilities (NT$2.6B).
Long Term Liabilities: 4942's short term assets (NT$7.9B) exceed its long term liabilities (NT$224.8M).
Debt to Equity History and Analysis
Debt Level: 4942's debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 4942's debt to equity ratio has reduced from 10.1% to 6.9% over the past 5 years.
Debt Coverage: 4942's debt is well covered by operating cash flow (119.9%).
Interest Coverage: 4942 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Chia Chang current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4942's dividend (6.4%) is higher than the bottom 25% of dividend payers in the TW market (2.14%).
High Dividend: 4942's dividend (6.4%) is in the top 25% of dividend payers in the TW market (5.23%)
Stability and Growth of Payments
Stable Dividend: 4942's dividend payments have been volatile in the past 10 years.
Growing Dividend: 4942's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.7%), 4942'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?
Chia Chang 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.
Chia Chang Co., Ltd's company bio, employee growth, exchange listings and data sources
- Name: Chia Chang Co., Ltd
- Ticker: 4942
- Exchange: TSEC
- Founded: 1985
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: NT$5.552b
- Shares outstanding: 142.37m
- Website: https://www.chiachang.com
- Chia Chang Co., Ltd
- No. 45, Nanshan Road
- Lane 205
- Taoyuan City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|4942||TSEC (Taiwan Stock Exchange)||Yes||Common Stock||TW||TWD||May 2010|
Chia Chang Co., Ltd engages in the stamping of metal components in Taiwan, Japan, and Korea. The company offers AV home appliances, such as external and front bezels, decorated slips, color plate back and ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/27 08:42|
|End of Day Share Price||2020/11/27 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.