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Jung Shing Wire TWSE:1617 Stock Report

Last Price

NT$22.80

Market Cap

NT$3.6b

7D

3.4%

1Y

39.0%

Updated

17 Aug, 2024

Data

Company Financials

Jung Shing Wire Co., Ltd.

TWSE:1617 Stock Report

Market Cap: NT$3.6b

1617 Stock Overview

Manufactures and sells magnet wires in Taiwan.

1617 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

Jung Shing Wire Co., Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jung Shing Wire
Historical stock prices
Current Share PriceNT$22.80
52 Week HighNT$32.80
52 Week LowNT$15.85
Beta0.52
11 Month Change-9.16%
3 Month Change-5.20%
1 Year Change39.02%
33 Year Change33.33%
5 Year Change70.79%
Change since IPO72.11%

Recent News & Updates

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

Recent updates

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
7D3.4%3.7%4.2%
1Y39.0%23.1%35.3%

Return vs Industry: 1617 exceeded the TW Electrical industry which returned 23.1% over the past year.

Return vs Market: 1617 exceeded the TW Market which returned 35.3% over the past year.

Price Volatility

Is 1617's price volatile compared to industry and market?
1617 volatility
1617 Average Weekly Movement8.7%
Electrical Industry Average Movement6.3%
Market Average Movement5.7%
10% most volatile stocks in TW Market9.4%
10% least volatile stocks in TW Market3.0%

Stable Share Price: 1617's share price has been volatile over the past 3 months.

Volatility Over Time: 1617's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

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

Jung Shing Wire Co., Ltd. manufactures and sells magnet wires in Taiwan. The company offers general magnet wires for motors, transformers, generators, telecommunication, mobiles, auto-controlling, in-house products, electronic apparatus, and aerospace and aviation related equipment; self-bonding magnet wires; and special magnet wires, including ribbon wires, parallel-laid multi-wires, copper-clad aluminum wires, aluminum wires, litz wires, high-tension magnet wires, silver magnet wires, silver- plate magnet wires, and surge resistance magnet wires. Its products are used in motors, coils, and transformers.

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$3.62b
Earnings (TTM)NT$30.85m
Revenue (TTM)NT$3.09b

117.3x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
1617 income statement (TTM)
RevenueNT$3.09b
Cost of RevenueNT$2.80b
Gross ProfitNT$294.66m
Other ExpensesNT$263.82m
EarningsNT$30.85m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.19
Gross Margin9.54%
Net Profit Margin1.00%
Debt/Equity Ratio37.6%

How did 1617 perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

154%

Payout Ratio
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