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Goodway Machine TWSE:1583 Stock Report

Last Price

NT$68.50

Market Cap

NT$7.6b

7D

2.2%

1Y

8.2%

Updated

14 Aug, 2024

Data

Company Financials

1583 Stock Overview

Manufactures and sells CNC lathes and processing machinery in Taiwan, Asia, the United States, Europe, and internationally.

1583 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends5/6

Goodway Machine Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Goodway Machine
Historical stock prices
Current Share PriceNT$68.50
52 Week HighNT$79.80
52 Week LowNT$61.30
Beta0.43
11 Month Change-1.86%
3 Month Change-6.80%
1 Year Change8.21%
33 Year Change5.38%
5 Year Change22.54%
Change since IPO119.93%

Recent News & Updates

Recent updates

Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00

Aug 13
Goodway Machine (TWSE:1583) Is Increasing Its Dividend To NT$4.00

Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 27
Goodway Machine's (TWSE:1583) Shareholders Will Receive A Bigger Dividend Than Last Year

Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00

Jul 12
Goodway Machine's (TWSE:1583) Dividend Will Be Increased To NT$4.00

We Think That There Are Some Issues For Goodway Machine (TWSE:1583) Beyond Its Promising Earnings

Mar 21
We Think That There Are Some Issues For Goodway Machine (TWSE:1583) Beyond Its Promising Earnings

Goodway Machine's (TPE:1583) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Apr 06
Goodway Machine's (TPE:1583) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet

Mar 22
Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet

How Does Goodway Machine Corp. (TPE:1583) Fare As A Dividend Stock?

Mar 07
How Does Goodway Machine Corp. (TPE:1583) Fare As A Dividend Stock?

Goodway Machine Corp. (TPE:1583) On An Uptrend: Could Fundamentals Be Driving The Stock?

Feb 17
Goodway Machine Corp. (TPE:1583) On An Uptrend: Could Fundamentals Be Driving The Stock?

What Percentage Of Goodway Machine Corp. (TPE:1583) Shares Do Insiders Own?

Feb 03
What Percentage Of Goodway Machine Corp. (TPE:1583) Shares Do Insiders Own?

Here's Why We Don't Think Goodway Machine's (TPE:1583) Statutory Earnings Reflect Its Underlying Earnings Potential

Jan 21
Here's Why We Don't Think Goodway Machine's (TPE:1583) Statutory Earnings Reflect Its Underlying Earnings Potential

Shareholders Of Goodway Machine (TPE:1583) Must Be Happy With Their 33% Return

Jan 07
Shareholders Of Goodway Machine (TPE:1583) Must Be Happy With Their 33% Return

Here's What's Concerning About Goodway Machine (TPE:1583)

Dec 25
Here's What's Concerning About Goodway Machine (TPE:1583)

Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet

Nov 27
Goodway Machine (TPE:1583) Has A Somewhat Strained Balance Sheet

Shareholder Returns

1583TW MachineryTW Market
7D2.2%9.8%6.5%
1Y8.2%21.5%31.4%

Return vs Industry: 1583 underperformed the TW Machinery industry which returned 21.5% over the past year.

Return vs Market: 1583 underperformed the TW Market which returned 31.4% over the past year.

Price Volatility

Is 1583's price volatile compared to industry and market?
1583 volatility
1583 Average Weekly Movement3.2%
Machinery Industry Average Movement5.7%
Market Average Movement5.7%
10% most volatile stocks in TW Market9.4%
10% least volatile stocks in TW Market2.9%

Stable Share Price: 1583 has not had significant price volatility in the past 3 months.

Volatility Over Time: 1583's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1975n/aChien-Wen Kangwww.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

How do Goodway Machine's earnings and revenue compare to its market cap?
1583 fundamental statistics
Market capNT$7.60b
Earnings (TTM)NT$615.76m
Revenue (TTM)NT$5.11b

12.3x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1583 income statement (TTM)
RevenueNT$5.11b
Cost of RevenueNT$3.88b
Gross ProfitNT$1.23b
Other ExpensesNT$618.74m
EarningsNT$615.76m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)5.58
Gross Margin24.14%
Net Profit Margin12.04%
Debt/Equity Ratio55.9%

How did 1583 perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

72%

Payout Ratio

Does 1583 pay a reliable dividends?

See 1583 dividend history and benchmarks
When do you need to buy 1583 by to receive an upcoming dividend?
Goodway Machine dividend dates
Ex Dividend DateAug 15 2024
Dividend Pay DateSep 06 2024
Days until Ex dividend0 days
Days until Dividend pay date22 days

Does 1583 pay a reliable dividends?

See 1583 dividend history and benchmarks
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