Declared Dividend • Jun 20
Dividend of NT$0.30 announced Shareholders will receive a dividend of NT$0.30. Ex-date: 6th July 2026 Payment date: 31st July 2026 Dividend yield will be 1.1%, which is lower than the industry average of 4.1%. Reported Earnings • May 17
First quarter 2026 earnings released: EPS: NT$0.48 (vs NT$2.53 in 1Q 2025) First quarter 2026 results: EPS: NT$0.48 (down from NT$2.53 in 1Q 2025). Revenue: NT$1.43b (down 28% from 1Q 2025). Net income: NT$40.7m (down 81% from 1Q 2025). Profit margin: 2.8% (down from 11% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 09
Full year 2025 earnings released: EPS: NT$0.01 (vs NT$6.52 in FY 2024) Full year 2025 results: EPS: NT$0.01 (down from NT$6.52 in FY 2024). Revenue: NT$4.32b (down 25% from FY 2024). Net income: NT$720.0k (down 100% from FY 2024). Profit margin: 0% (down from 9.6% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Jan 28
Jia Wei Lifestyle, Inc., Annual General Meeting, May 19, 2026 Jia Wei Lifestyle, Inc., Annual General Meeting, May 19, 2026. Location: 4 floor no,1, huo yih rd., west central district, tainan city Taiwan New Risk • Nov 17
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.04b (US$97.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks High level of debt (96% net debt to equity). Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (NT$3.04b market cap, or US$97.4m). Reported Earnings • Nov 11
Third quarter 2025 earnings released: NT$1.45 loss per share (vs NT$1.03 profit in 3Q 2024) Third quarter 2025 results: NT$1.45 loss per share (down from NT$1.03 profit in 3Q 2024). Revenue: NT$635.3m (down 49% from 3Q 2024). Net loss: NT$122.3m (down 242% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 19% 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. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$1.35 loss per share (vs NT$0.95 profit in 2Q 2024) Second quarter 2025 results: NT$1.35 loss per share (down from NT$0.95 profit in 2Q 2024). Revenue: NT$716.0m (down 40% from 2Q 2024). Net loss: NT$113.5m (down 241% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 13% per year. Declared Dividend • Jun 13
Dividend reduced to NT$2.50 Dividend of NT$2.50 is 17% lower than last year. Ex-date: 26th June 2025 Payment date: 31st July 2025 Dividend yield will be 5.1%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (43% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 56 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 53% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years. Board Change • Jun 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Independent Director Shou-Te Hsu was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • May 27
Jia Wei Lifestyle, Inc. Approves Board Elections Jia Wei Lifestyle, Inc. in its shareholders meeting held on May 26, 2025 approved Elections for board of directors and supervisors: Newly-elected Independent Directors: Shou-Te Hsu. Chin-Chou Hsu. Vickie Chen. Newly-elected Directors: Smart Investment Limited /Representative: Ray Hou. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$2.65 (vs NT$3.62 in 1Q 2024) First quarter 2025 results: EPS: NT$2.65 (down from NT$3.62 in 1Q 2024). Revenue: NT$2.00b (down 2.2% from 1Q 2024). Net income: NT$213.1m (down 27% from 1Q 2024). Profit margin: 11% (down from 14% in 1Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Board Change • May 10
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Hui-Chin Wang was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • May 06
Jia Wei Lifestyle, Inc. to Report Q1, 2025 Results on May 13, 2025 Jia Wei Lifestyle, Inc. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$49.45, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 18% over the past three years. New Risk • Mar 15
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Earnings have declined by 2.8% per year over the past 5 years. High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: NT$6.84 (vs NT$4.81 in FY 2023) Full year 2024 results: EPS: NT$6.84 (up from NT$4.81 in FY 2023). Revenue: NT$5.72b (up 21% from FY 2023). Net income: NT$549.6m (up 42% from FY 2023). Profit margin: 9.6% (up from 8.1% 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 6% per year whereas the company’s share price has fallen by 4% per year. Announcement • Mar 13
Jia Wei Lifestyle, Inc. Proposes Cash Dividend for the Year Ended December 31, 2024 Jia Wei Lifestyle, Inc. proposed cash dividends to shareholders of TWD 2.5 per share for the year ended December 31, 2024. Total amount of cash distributed to shareholders of TWD 200,751,037. After the approval of annual meeting of shareholders and the competent authority, annual meeting of shareholders will propose to authorize the Board of Directors to resolve the record date for capital increase and other relevant issues. Announcement • Jan 17
Jia Wei Lifestyle, Inc., Annual General Meeting, May 26, 2025 Jia Wei Lifestyle, Inc., Annual General Meeting, May 26, 2025, at 09:00 Taipei Standard Time. Location: 4 floor no,1, huo yih rd., west central district, tainan city Taiwan New Risk • Nov 15
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 61% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (61% net debt to equity). Paying a dividend despite having no free cash flows. Reported Earnings • Nov 15
Third quarter 2024 earnings released: EPS: NT$1.08 (vs NT$1.14 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.08 (down from NT$1.14 in 3Q 2023). Revenue: NT$1.25b (up 17% from 3Q 2023). Net income: NT$86.4m (down 5.8% from 3Q 2023). Profit margin: 6.9% (down from 8.6% in 3Q 2023). The decrease in margin was driven by higher expenses. 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. Announcement • Nov 05
Jia Wei Lifestyle, Inc. to Report Q3, 2024 Results on Nov 12, 2024 Jia Wei Lifestyle, Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: NT$1.00 (vs NT$0.64 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.00 (up from NT$0.64 in 2Q 2023). Revenue: NT$1.19b (up 21% from 2Q 2023). Net income: NT$80.3m (up 56% from 2Q 2023). Profit margin: 6.8% (up from 5.2% 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 17% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Announcement • Aug 02
Jia Wei Lifestyle, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Jia Wei Lifestyle, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Declared Dividend • May 30
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 13th June 2024 Payment date: 9th July 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by earnings (47% earnings payout ratio) but not covered by cash flows (325% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 103% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • May 30
Jia Wei Lifestyle, Inc. Resolves to Distribute Dividend, Payable on July 9, 2024 Jia Wei Lifestyle, Inc. resolved to distribute dividend. Type and monetary amount of common stock dividend distribution: Cash dividends TWD 240,901,245 (TWD 3 per share) of common stock Payment date of common stock cash dividend distribution is July 9, 2024, Ex-rights (ex-dividend) trading date:2024/06/13, Last date before book closure:2024/06/15, Book closure starting date:2024/06/16, Book closure ending date:2024/06/20, Ex-rights (ex-dividend) record date:2024/06/20. Date of the resolution by the board of directors or shareholders meeting or decision by the Company:2024/05/28. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$3.62 (vs NT$2.00 in 1Q 2023) First quarter 2024 results: EPS: NT$3.62 (up from NT$2.00 in 1Q 2023). Revenue: NT$2.05b (up 39% from 1Q 2023). Net income: NT$291.0m (up 81% from 1Q 2023). Profit margin: 14% (up from 11% 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 20% 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. Announcement • Apr 13
Jia Wei Lifestyle, Inc. Announces Resignation of Zeco Chen as Director of TSP and TSM Jia Wei Lifestyle, Inc. announced the resignation of Zeco Chen as Director of TSP and TSM, subsidiaries of the company. Reason for the change: Career Planning. Valuation Update With 7 Day Price Move • Apr 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$70.90, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 19x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 2.0% over the past three years. Reported Earnings • Mar 10
Full year 2023 earnings released: EPS: NT$4.81 (vs NT$7.03 in FY 2022) Full year 2023 results: EPS: NT$4.81 (down from NT$7.03 in FY 2022). Revenue: NT$4.75b (down 16% from FY 2022). Net income: NT$386.4m (down 32% from FY 2022). Profit margin: 8.1% (down from 10.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
Jia Wei Lifestyle, Inc., Annual General Meeting, May 27, 2024 Jia Wei Lifestyle, Inc., Annual General Meeting, May 27, 2024. Location: Silks Place Tainan 4F The Garden Room I 1 He Yi Road, West Central District, Tainan City Taiwan Agenda: To consider 2023 business report; to consider Report of Audit Committee auditing and communication between Audit Committee and internal audit officer; to consider Report on the Amendments to the Rules of Procedure for Board of Directors' Meeting; to consider Report of remuneration distribution to employees and directors in 2023 (e)Report of director compensation in 2023; to consider Other Management Presentations; and to consider other matters. Announcement • Nov 12
Jia Wei Lifestyle, Inc. Approves the Appointment of David Wu as Chief Information Security Officer Jia Wei Lifestyle, Inc. approved the appointment of David Wu, President of Jia Wei Lifestyle, Inc. as chief information security officer, effective from November 10, 2023. Announcement • Oct 20
Jia Wei Lifestyle, Inc. Announces Compensation Committee Changes Jia Wei Lifestyle, Inc. announced appointment of Hui-chin Wang, Special assistant to the chairman of TQ Optoelectronics Co., LTD as member of Compensation Committee in place of Ching-Sen Huang, Independent director of Jia Wei Lifestyle, Inc. Effective date of the new member is October 19, 2023. Announcement • Aug 12
Jia Wei Lifestyle, Inc. Announces Executive Changes of Achieve Goal Limited & Golden Star Ocean Ltd Jia Wei Lifestyle, Inc. announced new appointment of director, on behalf of major subsidiary Achieve Goal Limited & Golden Star Ocean Ltd. Title and name of the previous position holder isVincent Chen. Title and name of the new position holder is Ching-Sen Huang. Effective date of the new appointment is August 11, 2023. Board Change • Jul 05
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. 3 non-independent directors. Independent Director Jacky Huang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jun 19
Upcoming dividend of NT$5.00 per share at 14% yield Eligible shareholders must have bought the stock before 26 June 2023. Payment date: 14 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 14%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.9%). Announcement • Jun 14
Jia Wei Lifestyle, Inc. Announces Resignation of Vincent Chen as Chairperson, Effective June 20, 2023 Jia Wei Lifestyle, Inc. announced the change of chairperson. Name of the previous position holder: Representative of Hsin-Fu Investment Limited, Vincent Chen; Circumstances of change: resignation. Effective date is June 20, 2023. Announcement • May 06
Jia Wei Lifestyle, Inc. Announces the Appointment of Lori Lin as Corporate Governance Officer Jia Wei Lifestyle, Inc. announced the appointment of Lori Lin as Corporate Governance Officer, effective May 5, 2023. Lori Lin is manager of Corporate Governance Dept. of Jiawei. Reported Earnings • Mar 28
Full year 2022 earnings released: EPS: NT$7.03 (vs NT$7.74 in FY 2021) Full year 2022 results: EPS: NT$7.03 (down from NT$7.74 in FY 2021). Revenue: NT$5.62b (up 6.0% from FY 2021). Net income: NT$564.8m (down 3.1% from FY 2021). Profit margin: 10.0% (down from 11% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$62.50, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 32% over the past three years. Announcement • Jan 06
Jia Wei Lifestyle, Inc., Annual General Meeting, May 29, 2023 Jia Wei Lifestyle, Inc., Annual General Meeting, May 29, 2023. Agenda: To consider the 2022 business report; to consider the Audit Committee's review of the 2022 annual final accounting books and statements; to consider the report on the amendments to the rules of procedure for board of Directors' Meeting; to acknowledgment of the 2022 annual final accounting books and statements; to consider acknowledgment of the 2022 Earnings Distribution. Upcoming Dividend • Nov 21
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 28 November 2022. Payment date: 16 December 2022. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.9%). Higher than average of industry peers (5.0%). 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. 3 non-independent directors. Independent Director Jacky Huang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: NT$1.06 (vs NT$2.02 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.06 (down from NT$2.02 in 2Q 2021). Revenue: NT$1.13b (up 11% from 2Q 2021). Net income: NT$84.8m (down 42% from 2Q 2021). Profit margin: 7.5% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year whereas the company’s share price has increased by 28% per year. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improved over the past week After last week's 21% share price gain to NT$64.90, the stock trades at a trailing P/E ratio of 8.8x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$54.40, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 13x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 98% over the past three years. Announcement • Jun 21
Jia Wei Lifestyle, Inc. Announces Remuneration Committee Changes Jia Wei Lifestyle, Inc. announced the company board of directors resolute to appoint the sixth term Remuneration Committee. Resume of the previous position holder: Jacky Huang Independent Director of Jia Wei Lifestyle, Inc. John Li, Deputy General Manager of Wilmar Capital Management Consulting Co. Ltd. Chin-Chou Hsu Member of the Remuneration committee of Jia Wei Lifestyle, Inc. Resume of the new position holder: Shou-Te Hsu Independent director of Wah Lee Industrial Corp. Chin-Chou Hsu Member of the Remuneration committee of Jia Wei Lifestyle, Inc. Jacky Huang Independent Director of Jia Wei Lifestyle, Inc. Effective date of the new member is June 20, 2022. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$3.02 (vs NT$3.23 in 1Q 2021) First quarter 2022 results: EPS: NT$3.02. Revenue: NT$2.04b (up 38% from 1Q 2021). Net income: NT$242.5m (up 3.7% from 1Q 2021). Profit margin: 12% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Board Change • Apr 27
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. 3 non-independent directors. Independent Director Jacky Huang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 24
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 31 March 2022. Payment date: 05 May 2022. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 7.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.3%). Reported Earnings • Mar 16
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$7.74 (down from NT$10.01 in FY 2020). Revenue: NT$5.30b (up 20% from FY 2020). Net income: NT$582.6m (down 20% from FY 2020). Profit margin: 11% (down from 16% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Nov 16
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 23 November 2021. Payment date: 13 December 2021. Trailing yield: 9.2%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.1%). Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.53 (vs NT$1.83 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$1.14b (up 13% from 3Q 2020). Net income: NT$40.5m (down 69% from 3Q 2020). Profit margin: 3.6% (down from 13% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Executive Departure • Sep 23
Independent Director Hau-Min Chu has left the company On the 16th of September, Hau-Min Chu's tenure as Independent Director ended after 4.9 years in the role. We don't have any record of a personal shareholding under Hau-Min's name. A total of 4 executives have left over the last 12 months. Board Change • Sep 22
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. 3 non-independent directors. Independent Director Jacky Huang was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 11
Second quarter 2021 earnings released: EPS NT$2.02 (vs NT$1.32 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$1.02b (up 24% from 2Q 2020). Net income: NT$146.0m (up 53% from 2Q 2020). Profit margin: 14% (up from 12% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 59% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 17
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$76.80, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 12x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 267% over the past three years. Reported Earnings • May 08
First quarter 2021 earnings released: EPS NT$3.23 (vs NT$3.86 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$1.47b (down 1.9% from 1Q 2020). Net income: NT$233.8m (down 16% from 1Q 2020). Profit margin: 16% (down from 19% in 1Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 19
Upcoming dividend of NT$3.65 per share Eligible shareholders must have bought the stock before 26 April 2021. Payment date: 14 May 2021. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (3.3%). Reported Earnings • Mar 14
Full year 2020 earnings released: EPS NT$10.01 (vs NT$3.25 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$4.43b (up 162% from FY 2019). Net income: NT$744.0m (up 242% from FY 2019). Profit margin: 17% (up from 13% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has only increased by 64% per year, which means it is significantly lagging earnings growth. Announcement • Jan 28
Jia Wei Lifestyle, Inc., Annual General Meeting, Apr 23, 2021 Jia Wei Lifestyle, Inc., Annual General Meeting, Apr 23, 2021. Location: 38 SongRen Road, Xinyi District Taipei City Taiwan Agenda: To consider 2020 business report; to consider audit Committee's review of the 2020 annual final accounting books and statements; to consider report on the amendments to the rules of procedure for board of directors' meeting and codes of ethical conduct; to consider 2020 earnings distribution; and to consider other management presentations. Is New 90 Day High Low • Dec 08
New 90-day high: NT$113 The company is up 43% from its price of NT$78.80 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 6.0% over the same period. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 25% share price gain to NT$108, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 8.9x. This compares to an average P/E of 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders over the past three years are 662%. Is New 90 Day High Low • Nov 09
New 90-day high: NT$83.70 The company is up 9.0% from its price of NT$76.80 on 11 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 5.0% over the same period. Reported Earnings • Nov 06
Third quarter 2020 earnings released: EPS NT$1.82 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$1.01b (up 97% from 3Q 2019). Net income: NT$131.9m (up 215% from 3Q 2019). Profit margin: 13% (up from 8.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 130% per year but the company’s share price has only increased by 76% per year, which means it is significantly lagging earnings growth. 
