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Jung Shing Wire TWSE:1617 Stock Report

Last Price

NT$19.60

Market Cap

NT$3.0b

7D

13.6%

1Y

19.5%

Updated

26 Dec, 2024

Data

Company Financials

Jung Shing Wire Co., Ltd.

TWSE:1617 Stock Report

Market Cap: NT$3.0b

1617 Stock Overview

Engages in the manufacture and sale of magnet wires in Taiwan, Mainland China, Japan, the Philippines, and internationally. More details

1617 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Jung Shing Wire Co., Ltd. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Jung Shing Wire
Historical stock prices
Current Share PriceNT$19.60
52 Week HighNT$32.80
52 Week LowNT$16.10
Beta0.52
1 Month Change3.43%
3 Month Change-10.71%
1 Year Change19.51%
3 Year Change9.50%
5 Year Change61.32%
Change since IPO47.96%

Recent News & Updates

Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet

Sep 09
Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet

Recent updates

Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet

Sep 09
Jung Shing Wire (TWSE:1617) Has A Pretty Healthy Balance Sheet

Jung Shing Wire (TWSE:1617) Will Pay A Smaller Dividend Than Last Year

Jul 26
Jung Shing Wire (TWSE:1617) Will Pay A Smaller Dividend Than Last Year

Jung Shing Wire (TWSE:1617) Will Pay A Dividend Of NT$0.30

Jul 12
Jung Shing Wire (TWSE:1617) Will Pay A Dividend Of NT$0.30

There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise

Apr 15
There's No Escaping Jung Shing Wire Co., Ltd.'s (TWSE:1617) Muted Revenues Despite A 25% Share Price Rise

Is Jung Shing Wire (TPE:1617) A Risky Investment?

Apr 04
Is Jung Shing Wire (TPE:1617) A Risky Investment?

Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?

Mar 17
Can Jung Shing Wire (TPE:1617) Continue To Grow Its Returns On Capital?

Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?

Feb 27
Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Is Going Strong: Have Financials A Role To Play?

Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?

Feb 09
Is Jung Shing Wire Co., Ltd. (TPE:1617) An Attractive Dividend Stock?

Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return

Jan 22
Shareholders Of Jung Shing Wire (TPE:1617) Must Be Happy With Their 166% Total Return

Jung Shing Wire (TPE:1617) Could Easily Take On More Debt

Jan 04
Jung Shing Wire (TPE:1617) Could Easily Take On More Debt

What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital

Dec 17
What We Make Of Jung Shing Wire's (TPE:1617) Returns On Capital

Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Nov 29
Jung Shing Wire Co., Ltd.'s (TPE:1617) Stock Has Shown A Decent Performance: Have Financials A Role To Play?

Shareholder Returns

1617TW ElectricalTW Market
7D13.6%1.1%0.3%
1Y19.5%19.1%27.4%

Return vs Industry: 1617 matched the TW Electrical industry which returned 19.1% over the past year.

Return vs Market: 1617 underperformed the TW Market which returned 27.4% over the past year.

Price Volatility

Is 1617's price volatile compared to industry and market?
1617 volatility
1617 Average Weekly Movement4.4%
Electrical Industry Average Movement4.8%
Market Average Movement4.4%
10% most volatile stocks in TW Market7.8%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 1617 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 1617's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1971n/aShouji Qiuwww.jswire.com.tw

Jung Shing Wire Co., Ltd. engages in the manufacture and sale of magnet wires in Taiwan, Mainland China, Japan, the Philippines, and internationally. The company offers general magnet wires for motors, transformers, generators, telecommunication, automobile, auto-controlling equipment, home appliance, electronic apparatus, aerospace industry, etc.; heat-resistant magnet wires heat-resistant coils, transformers, heat-resistant motors, refrigeration compressors, ignition coils, electric tool motors, etc.; self-bonding magnet wires; and special magnet wires, including ribbon wires, parallel-laid multi-wires, copper-clad aluminum wires, aluminum magnet wires, litz wires, high-tension magnet wires, silver magnet wires, silver- plate magnet wires, and surge resistance magnet wires. Its products are used in automotive components, inductors, RF components, and voice and watch coils.

Jung Shing Wire Co., Ltd. Fundamentals Summary

How do Jung Shing Wire's earnings and revenue compare to its market cap?
1617 fundamental statistics
Market capNT$3.03b
Earnings (TTM)-NT$6.70m
Revenue (TTM)NT$3.23b

1.0x

P/S Ratio

-495.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1617 income statement (TTM)
RevenueNT$3.23b
Cost of RevenueNT$2.93b
Gross ProfitNT$292.02m
Other ExpensesNT$298.72m
Earnings-NT$6.70m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.04
Gross Margin9.05%
Net Profit Margin-0.21%
Debt/Equity Ratio42.4%

How did 1617 perform over the long term?

See historical performance and comparison

Dividends

1.5%

Current Dividend Yield

-719%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 15:12
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Jung Shing Wire Co., Ltd. is covered by 0 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.

AnalystInstitution