Bai Sha Technology Co., Ltd. produces printing products in Taiwan and internationally.
Flawless balance sheet and fair value.
Share Price & News
How has Bai Sha Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8401 has not had significant price volatility in the past 3 months.
7 Day Return
TW Commercial Services
1 Year Return
TW Commercial Services
Return vs Industry: 8401 matched the TW Commercial Services industry which returned -2.1% over the past year.
Return vs Market: 8401 underperformed the TW Market which returned 7.2% over the past year.
Price Volatility Vs. Market
How volatile is Bai Sha Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StShould You Be Tempted To Sell Bai Sha Technology Co., Ltd. (GTSM:8401) Because Of Its P/E Ratio?
2 weeks ago | Simply Wall StAre Bai Sha Technology's (GTSM:8401) Statutory Earnings A Good Guide To Its Underlying Profitability?
1 month ago | Simply Wall StExamining Bai Sha Technology Co., Ltd.’s (GTSM:8401) Weak Return On Capital Employed
Is Bai Sha Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8401 (NT$11.85) is trading below our estimate of fair value (NT$20.9)
Significantly Below Fair Value: 8401 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8401 is poor value based on its PE Ratio (20.2x) compared to the Commercial Services industry average (17x).
PE vs Market: 8401 is poor value based on its PE Ratio (20.2x) compared to the TW market (17.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8401's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8401 is good value based on its PB Ratio (0.8x) compared to the TW Commercial Services industry average (1.2x).
How is Bai Sha Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Bai Sha 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.
- Examine whether Bai Sha Technology is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Commercial Services industry.
How has Bai Sha Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8401 has high quality earnings.
Growing Profit Margin: 8401's current net profit margins (2.9%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: 8401's earnings have declined by -4.6% per year over the past 5 years.
Accelerating Growth: 8401's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 8401 had negative earnings growth (-10.5%) over the past year, making it difficult to compare to the Commercial Services industry average (0.2%).
Return on Equity
High ROE: 8401's Return on Equity (4.2%) is considered low.
How is Bai Sha Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 8401's short term assets (NT$586.8M) exceed its short term liabilities (NT$277.4M).
Long Term Liabilities: 8401's short term assets (NT$586.8M) exceed its long term liabilities (NT$228.6M).
Debt to Equity History and Analysis
Debt Level: 8401's debt to equity ratio (26.6%) is considered satisfactory.
Reducing Debt: 8401's debt to equity ratio has reduced from 52.4% to 26.6% over the past 5 years.
Debt Coverage: 8401's debt is well covered by operating cash flow (79.6%).
Interest Coverage: 8401's interest payments on its debt are well covered by EBIT (11.6x coverage).
What is Bai Sha Technology's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8401's dividend (4.22%) is higher than the bottom 25% of dividend payers in the TW market (2.52%).
High Dividend: 8401's dividend (4.22%) is low compared to the top 25% of dividend payers in the TW market (5.65%).
Stability and Growth of Payments
Stable Dividend: 8401 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8401's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (85.2%), 8401's payments are 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.
How experienced are the management team and are they aligned to shareholders interests?
Bai Sha Technology has no CEO, or we have no data on them.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Bai Sha Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Bai Sha Technology Co., Ltd.
- Ticker: 8401
- Exchange: GTSM
- Founded: 1992
- Industry: Commercial Printing
- Sector: Commercial Services
- Market Cap: NT$743.347m
- Shares outstanding: 62.73m
- Website: https://www.bsbs.com.tw
Number of Employees
- Bai Sha Technology Co., Ltd.
- No. 116, Xiangshun Road
- Sec. 1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8401||GTSM (Taipei Exchange)||Yes||Common Stock||TW||TWD||Jul 2008|
Bai Sha Technology Co., Ltd. produces printing products in Taiwan and internationally. It offers business cards, color boxes, labels, stickers, calendars, brochures, wedding invitation cards, bags, posters, books, cosmetic and drug packaging boxes, and paper packaging and related products. The company was founded in 1992 and is headquartered in Taichung City, Taiwan.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 16:33|
|End of Day Share Price||2020/05/28 00:00|
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.