GTSM:8354

Stock Analysis Report

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Executive Summary

Koan Hao Technology Co., Ltd. manufactures and sells self-adhesive labels in Taiwan. More Details


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Koan Hao Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8354 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.9%

8354

-2.3%

TW Commercial Services

-1.9%

TW Market


1 Year Return

-14.0%

8354

-4.4%

TW Commercial Services

11.6%

TW Market

Return vs Industry: 8354 underperformed the TW Commercial Services industry which returned -4.4% over the past year.

Return vs Market: 8354 underperformed the TW Market which returned 11.6% over the past year.


Shareholder returns

8354IndustryMarket
7 Day-0.9%-2.3%-1.9%
30 Day-1.2%-0.04%1.5%
90 Day-3.1%-3.6%-0.02%
1 Year-14.0%-14.0%-0.2%-4.4%15.6%11.6%
3 Year23.7%17.6%9.1%-4.2%31.1%16.6%
5 Year64.2%45.5%30.6%5.0%72.7%42.3%

Price Volatility Vs. Market

How volatile is Koan Hao Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Koan Hao Technology undervalued compared to its fair value and its price relative to the market?

85.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 8354 (NT$16.95) is trading above our estimate of fair value (NT$8.67)

Significantly Below Fair Value: 8354 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 8354 is poor value based on its PE Ratio (86x) compared to the TW Commercial Services industry average (20.7x).

PE vs Market: 8354 is poor value based on its PE Ratio (86x) compared to the TW market (18.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8354's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8354 is good value based on its PB Ratio (0.8x) compared to the TW Commercial Services industry average (1.3x).


Next Steps

Future Growth

How is Koan Hao Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.7%

Forecasted Commercial Services 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 Koan Hao Technology 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.


Next Steps

Past Performance

How has Koan Hao Technology performed over the past 5 years?

21.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8354 has high quality earnings.

Growing Profit Margin: 8354's current net profit margins (2.1%) are lower than last year (37%).


Past Earnings Growth Analysis

Earnings Trend: 8354's earnings have grown significantly by 21.2% per year over the past 5 years.

Accelerating Growth: 8354's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8354 had negative earnings growth (-94.5%) over the past year, making it difficult to compare to the Commercial Services industry average (0.5%).


Return on Equity

High ROE: 8354's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Koan Hao Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 8354's short term assets (NT$1.3B) exceed its short term liabilities (NT$1.1B).

Long Term Liabilities: 8354's short term assets (NT$1.3B) exceed its long term liabilities (NT$713.5M).


Debt to Equity History and Analysis

Debt Level: 8354's debt to equity ratio (92.2%) is considered high.

Reducing Debt: 8354's debt to equity ratio has increased from 55.6% to 92.2% over the past 5 years.

Debt Coverage: 8354's debt is not well covered by operating cash flow (2.7%).

Interest Coverage: 8354 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Koan Hao Technology current dividend yield, its reliability and sustainability?

3.54%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 8354's dividend (3.54%) is higher than the bottom 25% of dividend payers in the TW market (2.26%).

High Dividend: 8354's dividend (3.54%) is low compared to the top 25% of dividend payers in the TW market (5.5%).


Stability and Growth of Payments

Stable Dividend: 8354 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 8354's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (271.7%), 8354's dividend payments are not well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Koan Hao Technology has no CEO, or we have no data on them.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Koan Hao Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Koan Hao Technology Co., Ltd.
  • Ticker: 8354
  • Exchange: GTSM
  • Founded: 1992
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: NT$1.331b
  • Shares outstanding: 78.53m
  • Website: https://www.koanhao.com

Location

  • Koan Hao Technology Co., Ltd.
  • No. 239, Chenggong 3rd Road
  • Nantou City
  • 54065
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8354GTSM (Taipei Exchange)YesCommon StockTWTWDJun 2003

Biography

Koan Hao Technology Co., Ltd. manufactures and sells self-adhesive labels in Taiwan. It offers release papers, including PE coated Kraft, glassine, clay coated Kraft, and super calandered Kraft paper; film ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/30 15:33
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.