Declared Dividend • Jun 18
Dividend reduced to NT$5.00 Dividend of NT$5.00 is 17% lower than last year. Ex-date: 23rd July 2026 Payment date: 28th August 2026 Dividend yield will be 5.5%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (91% earnings payout ratio). However, it is well covered by cash flows (31% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 20% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range. Reported Earnings • May 13
First quarter 2026 earnings released: EPS: NT$1.23 (vs NT$1.25 in 1Q 2025) First quarter 2026 results: EPS: NT$1.23 (down from NT$1.25 in 1Q 2025). Revenue: NT$1.93b (down 5.8% from 1Q 2025). Net income: NT$79.5m (down 4.3% from 1Q 2025). Profit margin: 4.1% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$5.52 (vs NT$6.81 in FY 2024) Full year 2025 results: EPS: NT$5.52 (down from NT$6.81 in FY 2024). Revenue: NT$8.10b (down 2.8% from FY 2024). Net income: NT$366.2m (down 19% from FY 2024). Profit margin: 4.5% (down from 5.4% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Mar 09
Zeng Hsing Industrial Co., Ltd., Annual General Meeting, May 25, 2026 Zeng Hsing Industrial Co., Ltd., Annual General Meeting, May 25, 2026. Location: 4 floor no,78, yung ch`eng rd., taiping district, taichung city Taiwan Reported Earnings • Nov 11
Third quarter 2025 earnings released: EPS: NT$2.25 (vs NT$2.04 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.25 (up from NT$2.04 in 3Q 2024). Revenue: NT$2.25b (down 8.0% from 3Q 2024). Net income: NT$149.5m (up 10.0% from 3Q 2024). Profit margin: 6.7% (up from 5.6% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year. Reported Earnings • Aug 10
Second quarter 2025 earnings released: EPS: NT$0.77 (vs NT$2.06 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.77 (down from NT$2.06 in 2Q 2024). Revenue: NT$2.18b (up 5.7% from 2Q 2024). Net income: NT$51.4m (down 63% from 2Q 2024). Profit margin: 2.4% (down from 6.6% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Declared Dividend • Jul 10
Dividend increased to NT$6.00 Dividend of NT$6.00 is 58% higher than last year. Ex-date: 25th July 2025 Payment date: 29th August 2025 Dividend yield will be 5.9%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is not adequately covered by earnings (90.4% earnings payout ratio). However, it is covered by cash flows (67% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share declined by 11% over the last 5 years, which if continued should see the payout ratio increase to a potentially unsustainable range. Reported Earnings • May 13
First quarter 2025 earnings released: EPS: NT$1.25 (vs NT$1.42 in 1Q 2024) First quarter 2025 results: EPS: NT$1.25 (down from NT$1.42 in 1Q 2024). Revenue: NT$2.04b (up 13% from 1Q 2024). Net income: NT$83.1m (down 12% from 1Q 2024). Profit margin: 4.1% (down from 5.2% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Announcement • May 01
Zeng Hsing Industrial Co., Ltd. to Report Q1, 2025 Results on May 09, 2025 Zeng Hsing Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$89.80, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 24% over the past three years. Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: NT$6.81 (vs NT$3.81 in FY 2023) Full year 2024 results: EPS: NT$6.81 (up from NT$3.81 in FY 2023). Revenue: NT$8.34b (up 10% from FY 2023). Net income: NT$453.2m (up 79% from FY 2023). Profit margin: 5.4% (up from 3.4% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year whereas the company’s share price has fallen by 8% per year. Announcement • Mar 10
Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 13, 2025 Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 13, 2025. Location: 4 floor no,78, yung ch`eng rd., taiping district, taichung city Taiwan Announcement • Mar 01
Zeng Hsing Industrial Co., Ltd. to Report Q4, 2024 Results on Mar 07, 2025 Zeng Hsing Industrial Co., Ltd. announced that they will report Q4, 2024 results on Mar 07, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 12
Third quarter 2024 earnings released: EPS: NT$2.04 (vs NT$1.68 in 3Q 2023) Third quarter 2024 results: EPS: NT$2.04 (up from NT$1.68 in 3Q 2023). Revenue: NT$2.44b (up 15% from 3Q 2023). Net income: NT$135.9m (up 22% from 3Q 2023). Profit margin: 5.6% (up from 5.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Oct 07
Now 21% undervalued Over the last 90 days, the stock has risen 12% to NT$113. The fair value is estimated to be NT$142, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.6% over the last 3 years. Earnings per share has declined by 44%. Reported Earnings • Aug 14
Second quarter 2024 earnings released: EPS: NT$2.06 (vs NT$1.37 in 2Q 2023) Second quarter 2024 results: EPS: NT$2.06 (up from NT$1.37 in 2Q 2023). Revenue: NT$2.06b (up 8.2% from 2Q 2023). Net income: NT$137.0m (up 50% from 2Q 2023). Profit margin: 6.6% (up from 4.8% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Aug 02
Zeng Hsing Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Zeng Hsing Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Upcoming Dividend • Jul 25
Upcoming dividend of NT$3.80 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 05 September 2024. Payout ratio is a comfortable 75% and this is well supported by cash flows. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (3.3%). Declared Dividend • Jul 08
Dividend reduced to NT$3.80 Dividend of NT$3.80 is 31% lower than last year. Ex-date: 1st August 2024 Payment date: 5th September 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 17% to shift the payout ratio to a potentially unsustainable range, which is less than the 22% EPS decline seen over the last 5 years. New Risk • Jun 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 26% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (100% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (4.4% net profit margin). Reported Earnings • May 13
First quarter 2024 earnings released: EPS: NT$1.42 (vs NT$0.19 in 1Q 2023) First quarter 2024 results: EPS: NT$1.42 (up from NT$0.19 in 1Q 2023). Revenue: NT$1.80b (up 9.0% from 1Q 2023). Net income: NT$94.6m (up NT$81.7m from 1Q 2023). Profit margin: 5.2% (up from 0.8% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 12
Full year 2023 earnings released: EPS: NT$3.81 (vs NT$8.09 in FY 2022) Full year 2023 results: EPS: NT$3.81 (down from NT$8.09 in FY 2022). Revenue: NT$7.56b (up 5.0% from FY 2022). Net income: NT$253.3m (down 49% from FY 2022). Profit margin: 3.4% (down from 6.9% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 21, 2024 Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 21, 2024. Location: 4F., No. 78, Yongcheng Rd., Taiping Dist., Taichung City Taichung City Taiwan Agenda: To discuss 2023 business report; to discuss Audit committee's review of the 2023 annual final accounting books and statements; to discuss The company endorses the endorsements & guarantees amount; to discuss Report on 2023 employees' and directors' remuneration; to discuss Report on communication between audit committees and chief internal auditors; and to discuss other matters. Announcement • Dec 22
Zeng Hsing Industrial Co., Ltd. Announces Change to the CEO, Effective December 31, 2023 Zeng Hsing Industrial Co., Ltd. announced the Change to the CEO of the company. Name, title, and resume of the previous position holder: LIN,CHIH-CHENG; Chairman of the company. Name, title, and resume of the new position holder: None. Type of the change: Dismissal. Reason for the change: Position adjustment. Effective date is December 31, 2023. New Risk • Nov 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 28% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 20% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (162% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.9% net profit margin). Shareholders have been diluted in the past year (9.9% increase in shares outstanding). New Risk • Aug 13
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (147% payout ratio). Profit margins are more than 30% lower than last year (3.5% net profit margin). Shareholders have been diluted in the past year (9.9% increase in shares outstanding). New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.5% Last year net profit margin: 5.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 16% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (99% payout ratio). Profit margins are more than 30% lower than last year (3.5% net profit margin). Reported Earnings • Aug 10
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: NT$1.91b (down 1.0% from 2Q 2022). Net income: NT$96.2m (down 53% from 2Q 2022). Profit margin: 5.0% (down from 11% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 14
Upcoming dividend of NT$5.50 per share at 4.9% yield Eligible shareholders must have bought the stock before 21 July 2023. Payment date: 25 August 2023. Payout ratio is on the higher end at 99%, however this is supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.0%). Announcement • Jun 21
Zeng Hsing Industrial Co., Ltd. Appoints Bai, Yong-yao as Independent Director Zeng Hsing Industrial Co., Ltd. announced the appointment of Bai, Yong-yao as Independent Director, effective June 20, 2023. Bai, Yong-yao is Chairman of PRECISION MOTION INDUSTRIES, INC. Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: NT$8.09 (vs NT$5.88 in FY 2021) Full year 2022 results: EPS: NT$8.09 (up from NT$5.88 in FY 2021). Revenue: NT$7.20b (flat on FY 2021). Net income: NT$494.5m (up 39% from FY 2021). Profit margin: 6.9% (up from 5.0% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Nov 23
Zeng Hsing Industrial Co., Ltd. announced that it has received TWD 540 million in funding Zeng Hsing Industrial Co., Ltd. announced a private placement of 6,000,000 common shares at a price of TWD 90 per share for gross proceeds of TWD 540,000,000 on November 21, 2022. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: NT$2.06 (vs NT$0.16 in 3Q 2021) Third quarter 2022 results: EPS: NT$2.06 (up from NT$0.16 in 3Q 2021). Revenue: NT$1.39b (down 12% from 3Q 2021). Net income: NT$124.5m (up NT$114.6m from 3Q 2021). Profit margin: 8.9% (up from 0.6% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 7 non-independent directors. Independent Director Ming-Liang Tarng was the last independent director to join the board, commencing their role in 2005. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Sep 03
Zeng Hsing Industrial Co., Ltd. Appoints Bai,Yong-Yao as Member of Remuneration Committee Zeng Hsing Industrial Co., Ltd. announced that Bai,Yong-yao is appointed as member of the company's remuneration committee, effective September 2, 2022. Announcement • Aug 18
Zeng Hsing Industrial Co., Ltd. Announces Changes of Members of the Company's Remuneration Committee Zeng Hsing Industrial Co., Ltd. announced changes of members of the company's remuneration committee. Name of the previous position holder: Lin, Hung-Kang. Resume of the previous position holder: CPA, Ernst & Young. Reason for the change: Resigned on August 17, 2022 due to busy business. Reported Earnings • Aug 11
Second quarter 2022 earnings released: EPS: NT$3.37 (vs NT$3.49 in 2Q 2021) Second quarter 2022 results: EPS: NT$3.37 (down from NT$3.49 in 2Q 2021). Revenue: NT$1.93b (down 15% from 2Q 2021). Net income: NT$204.0m (down 3.3% from 2Q 2021). Profit margin: 11% (up from 9.4% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Announcement • Aug 06
Zeng Hsing Industrial Co., Ltd. Appoints Lin, Hung-Kang as Member of Remuneration Committee Zeng Hsing Industrial Co., Ltd. announced the appointment of Lin, Hung-Kang, CPA, Ernst & Young as member of remuneration committee. Effective date of the new member is August 5, 2022. Upcoming Dividend • Jul 21
Upcoming dividend of NT$8.50 per share Eligible shareholders must have bought the stock before 28 July 2022. Payment date: 02 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.2%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (5.0%). Announcement • Jul 12
Zeng Hsing Industrial Co., Ltd. Announces Resignation of Wu, Chih-Sheng as Independent Director and as Member of the Audit Committee and the Remuneration Committee Zeng Hsing Industrial Co., Ltd. announced resignation of Wu, Chih-Sheng as Independent director and as member of the Audit Committee and the Remuneration Committee. Announcement • Jun 16
Zeng Hsing Industrial Co., Ltd. Elects Chin-Tan Lee as Director Zeng Hsing Industrial Co., Ltd. announced elected director for the by-election of the company's 2022 ordinary shareholders meeting. Title and name of the new position holder: Director; Chin-Tan Lee. Resume of the new position holder: Supervisor of Hsieh Feng Aluminium Business Co., Ltd. Effective date of the new appointment is June 15, 2022. Announcement • Jun 07
Zeng Hsing Industrial Co., Ltd. (TWSE:1558) made a tender offer to acquire 21.6% stake in TURVO International Co., Ltd. (TWSE:2233) for TWD 1.7 billion. Zeng Hsing Industrial Co., Ltd. (TWSE:1558) made a tender offer to acquire 21.6% stake in TURVO International Co., Ltd. (TWSE:2233) for TWD 1.7 billion on June 6, 2022. As per the terms, Zeng Hsing Industrial will acquire 13 million shares at TWD 130 per share in cash. If all conditions of the Tender Offer have been satisfied, the tendered shares and all considerations for this Tender Offer will be delivered within 5 business days (including the 5th business day), after the expiration of the Tender Offer period. The source of funds for the Tender Offer is its own funds. This Tender Offer will be a success if the acquisition ratio exceeds the minimum number of shares. Tender Offer period is from June 8 to July 6, 2022. Reported Earnings • May 07
First quarter 2022 earnings released: EPS: NT$2.63 (vs NT$5.42 in 1Q 2021) First quarter 2022 results: EPS: NT$2.63 (down from NT$5.42 in 1Q 2021). Revenue: NT$1.99b (down 22% from 1Q 2021). Net income: NT$159.1m (down 52% from 1Q 2021). Profit margin: 8.0% (down from 13% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
Less than half of directors are independent There are 7 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Chih-Sheng Wu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Mar 13
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$8.68 (down from NT$13.76 in FY 2020). Revenue: NT$7.72b (up 11% from FY 2020). Net income: NT$525.1m (down 37% from FY 2020). Profit margin: 6.8% (down from 12% in FY 2020). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 15%. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Reported Earnings • Nov 08
Third quarter 2021 earnings released: EPS NT$0.16 (vs NT$5.20 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$1.59b (down 29% from 3Q 2020). Net income: NT$9.88m (down 97% from 3Q 2020). Profit margin: 0.6% (down from 14% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year. Upcoming Dividend • Aug 13
Upcoming dividend of NT$9.50 per share Eligible shareholders must have bought the stock before 20 August 2021. Payment date: 17 September 2021. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.9%). Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS NT$3.49 (vs NT$3.05 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$2.26b (up 40% from 2Q 2020). Net income: NT$211.0m (up 14% from 2Q 2020). Profit margin: 9.4% (down from 11% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • May 14
First quarter 2021 earnings released: EPS NT$5.42 (vs NT$1.95 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$2.55b (up 118% from 1Q 2020). Net income: NT$328.2m (up 178% from 1Q 2020). Profit margin: 13% (up from 10% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Analyst Estimate Surprise Post Earnings • Mar 06
Revenue misses expectations Revenue missed analyst estimates by 0.003%. Over the next year, revenue is forecast to grow 17%, compared to a 42% growth forecast for the Consumer Durables industry in Taiwan. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS NT$13.76 (vs NT$11.16 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$6.97b (up 17% from FY 2019). Net income: NT$833.0m (up 23% from FY 2019). Profit margin: 12% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 7% per year. Announcement • Mar 04
Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 11, 2021 Zeng Hsing Industrial Co., Ltd., Annual General Meeting, Jun 11, 2021. Location: 4F., No. 78, Yongcheng Rd., Taiping Dist., Taichung City Taiwan Agenda: To report 2020 business report; to discuss the supervisor reviews the company's 2020 final accounts report; to discuss the company endorses the endorsements & guarantees amount report; to discuss The company's directors and supervisors and employee remuneration reports; to discuss The company revised the Code of Ethical Conduct report; to discuss the company revised the Ethical Corporate Management Practice Principles report; to discuss A report on the execution of buying back shares of the company; to discuss Acknowledgment of the 2020 annual final accounting books and statements; and to discuss Acknowledgment of the 2020 Earnings Distribution. Is New 90 Day High Low • Feb 18
New 90-day high: NT$148 The company is up 6.0% from its price of NT$139 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 7.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: NT$143 The company is up 4.0% from its price of NT$138 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: NT$142 The company is up 2.0% from its price of NT$140 on 10 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 6.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$5.20 The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$2.25b (up 12% from 3Q 2019). Net income: NT$315.1m (up 16% from 3Q 2019). Profit margin: 14% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year. 