Johnson Health Tech
Market Cap
NT$22.4b
Last Updated
2020/06/06 15:15 UTC
Data Sources
Company Financials +
Executive Summary
Johnson Health Tech. Co., Ltd. provides sports and fitness equipment in Asia and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with reasonable growth potential.
Similar Companies
Share Price & News
How has Johnson Health Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1736's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.4%
1736
5.3%
TW Leisure
4.7%
TW Market
1 Year Return
5.9%
1736
6.7%
TW Leisure
10.4%
TW Market
Return vs Industry: 1736 matched the TW Leisure industry which returned 6.7% over the past year.
Return vs Market: 1736 underperformed the TW Market which returned 10.4% over the past year.
Shareholder returns
| 1736 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | 5.3% | 4.7% |
| 30 Day | 13.8% | 22.8% | 7.0% |
| 90 Day | 7.2% | 19.6% | 1.9% |
| 1 Year | 6.7%5.9% | 9.6%6.7% | 15.4%10.4% |
| 3 Year | 95.2%85.7% | 34.4%24.0% | 26.2%11.5% |
| 5 Year | 18.3%6.2% | 10.6%-3.9% | 50.5%23.1% |
Price Volatility Vs. Market
How volatile is Johnson Health Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Is Now The Time To Put Johnson Health Tech (TPE:1736) On Your Watchlist?4 weeks ago | Simply Wall St
Earnings Miss: Johnson Health Tech. Co., Ltd. Missed EPS And Analysts Are Revising Their Forecasts1 month ago | Simply Wall St
Is Johnson Health Tech. Co., Ltd. (TPE:1736) Worth NT$65.7 Based On Its Intrinsic Value?Valuation
Is Johnson Health Tech undervalued compared to its fair value and its price relative to the market?
22.11x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1736 (NT$74) is trading above our estimate of fair value (NT$17.28)
Significantly Below Fair Value: 1736 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1736 is poor value based on its PE Ratio (22.1x) compared to the Leisure industry average (15.3x).
PE vs Market: 1736 is poor value based on its PE Ratio (22.1x) compared to the TW market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: 1736 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 1736 is overvalued based on its PB Ratio (2.6x) compared to the TW Leisure industry average (1.5x).
Next Steps
Future Growth
How is Johnson Health Tech forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
36.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1736's forecast earnings growth (36.6% per year) is above the savings rate (0.9%).
Earnings vs Market: 1736's earnings (36.6% per year) are forecast to grow faster than the TW market (15.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1736's revenue (9.8% per year) is forecast to grow faster than the TW market (7.4% per year).
High Growth Revenue: 1736's revenue (9.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1736's Return on Equity is forecast to be low in 3 years time (18.2%).
Next Steps
Past Performance
How has Johnson Health Tech performed over the past 5 years?
-19.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1736 has high quality earnings.
Growing Profit Margin: 1736's current net profit margins (4%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 1736's earnings have declined by -19.4% per year over the past 5 years.
Accelerating Growth: 1736's earnings growth over the past year (64.8%) exceeds its 5-year average (-19.4% per year).
Earnings vs Industry: 1736 earnings growth over the past year (64.8%) exceeded the Leisure industry 6.8%.
Return on Equity
High ROE: 1736's Return on Equity (11.2%) is considered low.
Next Steps
Financial Health
How is Johnson Health Tech's financial position?
Financial Position Analysis
Short Term Liabilities: 1736's short term assets (NT$17.8B) exceed its short term liabilities (NT$14.1B).
Long Term Liabilities: 1736's short term assets (NT$17.8B) exceed its long term liabilities (NT$5.9B).
Debt to Equity History and Analysis
Debt Level: 1736's debt to equity ratio (118.6%) is considered high.
Reducing Debt: 1736's debt to equity ratio has increased from 51.2% to 118.6% over the past 5 years.
Debt Coverage: 1736's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 1736 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Johnson Health Tech's current dividend yield, its reliability and sustainability?
1.89%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1736's dividend (1.89%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.46%).
High Dividend: 1736's dividend (1.89%) is low compared to the top 25% of dividend payers in the TW market (5.48%).
Stability and Growth of Payments
Stable Dividend: 1736's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1736's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.8%), 1736's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1736's dividends in 3 years are forecast to be well covered by earnings (32.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
15.2yrs
Average management tenure
CEO
Zhi Cheng Zhuo
no data
Tenure
Zhi Cheng Zhuo serves as President at Johnson Health Tech Co., Ltd. Zhi Cheng Zhuo served as General Manager at Johnson Health Tech Co., Ltd.Â
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | no data | no data | 0.12% NT$27.5m | |
| Chief Financial Officer | no data | no data | no data | |
| Associate of Accounting Department | 4.83yrs | no data | no data | |
| Senior Vice President of the Marketing Division | 44.67yrs | no data | 0.051% NT$11.4m | |
| President of the Group and Director | no data | no data | 34.07% NT$7.6b | |
| Vice President of the Head Office | 19.17yrs | no data | 0.029% NT$6.5m | |
| Vice President of Head Office | 11.17yrs | no data | 0.0091% NT$2.0m | |
| Associate of Head Office | 8.67yrs | no data | no data |
15.2yrs
Average Tenure
Experienced Management: 1736's management team is seasoned and experienced (15.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Group and Director | no data | no data | 34.07% NT$7.6b | |
| Chairman of the Board of Directors | 9yrs | no data | 20.21% NT$4.5b | |
| Director | 9yrs | no data | 4.22% NT$945.4m | |
| Independent Director | 9yrs | no data | 0.062% NT$13.9m | |
| Director | 9yrs | no data | 0.081% NT$18.2m | |
| Director | 9yrs | no data | no data | |
| Independent Director | 9yrs | no data | no data | |
| Independent Director | no data | no data | 0.33% NT$74.1m | |
| Director | no data | no data | no data | |
| Director | no data | no data | no data |
9.0yrs
Average Tenure
Experienced Board: 1736's board of directors are considered experienced (9 years average tenure).
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
Johnson Health Tech. Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Johnson Health Tech. Co., Ltd.
- Ticker: 1736
- Exchange: TSEC
- Founded: 1975
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: NT$22.420b
- Shares outstanding: 302.97m
- Website: https://www.johnsonfitness.com.tw
Location
- Johnson Health Tech. Co., Ltd.
- No. 999, Dongda Road
- Section 2
- Taichung
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1736 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Jan 2003 |
Biography
Johnson Health Tech. Co., Ltd. provides sports and fitness equipment in Asia and internationally. The company offers electric treadmills, indoor exercise bikes/flywheels, elliptical training products, and weight training/rowing equipment; electric massage chairs, and instep shoulder and neck massage equipment; and fitness accessories, bar/dumbells, yoga supplies, gloves/boxing products, and protective/weight gears. It also provides exercise products, including fitness and bicycle series, marathon products, and GPS sports watch, as well as polar accessories. The company offers its products principally under the Matrix, Vision, and Horizon brand names primarily through stores. Johnson Health Tech. Co., Ltd. was founded in 1975 and is based in Taichung City, Taiwan.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 15:15 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.