1583 Stock Overview
Manufactures and sells CNC lathes and processing machinery in Taiwan, Asia, the United States, Europe, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
My Notes
Capture your thoughts, links and company narrative
Goodway Machine Corp. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NT$59.80 |
| 52 Week High | NT$79.80 |
| 52 Week Low | NT$57.50 |
| Beta | 0.37 |
| 1 Month Change | 2.75% |
| 3 Month Change | -3.55% |
| 1 Year Change | -9.53% |
| 3 Year Change | -4.17% |
| 5 Year Change | 3.82% |
| Change since IPO | 92.00% |
Recent News & Updates
Recent updates
Goodway Machine's (TWSE:1583) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 20
Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00
Aug 13Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 27Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00
Jul 12We Think That There Are Some Issues For Goodway Machine (TWSE:1583) Beyond Its Promising Earnings
Mar 21Goodway Machine's (TPE:1583) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Apr 06Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Mar 22How Does Goodway Machine Corp. (TPE:1583) Fare As A Dividend Stock?
Mar 07Goodway Machine Corp. (TPE:1583) On An Uptrend: Could Fundamentals Be Driving The Stock?
Feb 17What Percentage Of Goodway Machine Corp. (TPE:1583) Shares Do Insiders Own?
Feb 03Here's Why We Don't Think Goodway Machine's (TPE:1583) Statutory Earnings Reflect Its Underlying Earnings Potential
Jan 21Shareholders Of Goodway Machine (TPE:1583) Must Be Happy With Their 33% Return
Jan 07Here's What's Concerning About Goodway Machine (TPE:1583)
Dec 25Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet
Nov 27
Shareholder Returns
| 1583 | TW Machinery | TW Market | |
|---|---|---|---|
| 7D | 0.2% | 2.2% | -0.6% |
| 1Y | -9.5% | 22.6% | 28.2% |
Return vs Industry: 1583 underperformed the TW Machinery industry which returned 22.7% over the past year.
Return vs Market: 1583 underperformed the TW Market which returned 28.9% over the past year.
Price Volatility
| 1583 volatility | |
|---|---|
| 1583 Average Weekly Movement | 2.1% |
| Machinery Industry Average Movement | 5.1% |
| Market Average Movement | 4.5% |
| 10% most volatile stocks in TW Market | 7.9% |
| 10% least volatile stocks in TW Market | 2.1% |
Stable Share Price: 1583 has not had significant price volatility in the past 3 months compared to the TW market.
Volatility Over Time: 1583's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | n/a | Chien-Wen Kang | www.goodwaycnc.com |
Goodway Machine Corp. manufactures and sells CNC lathes and processing machinery in Taiwan, Asia, the United States, Europe, and internationally. The company provides multi-axis, vertical, horizontal, swiss, and wheel turning products; grinders; and automation turning products, including bar feeders, gantry loading systems, loading and unloading systems, parts probes, tool presetter, and steady rests. The company was founded in 1975 and is based in Taichung, Taiwan.
Goodway Machine Corp. Fundamentals Summary
| 1583 fundamental statistics | |
|---|---|
| Market cap | NT$6.60b |
| Earnings (TTM) | NT$579.02m |
| Revenue (TTM) | NT$4.74b |
11.4x
P/E Ratio1.4x
P/S RatioIs 1583 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1583 income statement (TTM) | |
|---|---|
| Revenue | NT$4.74b |
| Cost of Revenue | NT$3.67b |
| Gross Profit | NT$1.08b |
| Other Expenses | NT$496.61m |
| Earnings | NT$579.02m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.24 |
| Gross Margin | 22.67% |
| Net Profit Margin | 12.21% |
| Debt/Equity Ratio | 60.4% |
How did 1583 perform over the long term?
See historical performance and comparisonDividends
6.7%
Current Dividend Yield76%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 04:50 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Goodway Machine Corp. is covered by 9 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Xuanyi Yang | Capital Securities Corporation |
| Leonne Chen | CLSA |
| Ming Hong Chu | Grand Cathay Securities Corporation |