CHANG TYPE Industrial Co., Ltd.

TWSE:1541 Stock Report

Market Cap: NT$2.1b

CHANG TYPE Industrial Balance Sheet Health

Financial Health criteria checks 6/6

CHANG TYPE Industrial has a total shareholder equity of NT$2.0B and total debt of NT$12.5M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are NT$3.2B and NT$1.2B respectively. CHANG TYPE Industrial's EBIT is NT$130.9M making its interest coverage ratio 6.7. It has cash and short-term investments of NT$68.3M.

Key information

0.6%

Debt to equity ratio

NT$12.50m

Debt

Interest coverage ratio6.7x
CashNT$68.33m
EquityNT$1.96b
Total liabilitiesNT$1.23b
Total assetsNT$3.19b

Recent financial health updates

These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely

Feb 18
These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely

CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt

Nov 19
CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt

Recent updates

CHANG TYPE Industrial's (TWSE:1541) Strong Earnings Are Of Good Quality

Aug 14
CHANG TYPE Industrial's (TWSE:1541) Strong Earnings Are Of Good Quality

CHANG TYPE Industrial's (TWSE:1541) Dividend Will Be Reduced To NT$0.50

Jul 29
CHANG TYPE Industrial's (TWSE:1541) Dividend Will Be Reduced To NT$0.50

CHANG TYPE Industrial's (TWSE:1541) Dividend Will Be Reduced To NT$0.50

Jul 15
CHANG TYPE Industrial's (TWSE:1541) Dividend Will Be Reduced To NT$0.50

Key Things To Watch Out For If You Are After CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) 4.7% Dividend

Apr 21
Key Things To Watch Out For If You Are After CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) 4.7% Dividend

CHANG TYPE Industrial (TPE:1541): Are Investors Overlooking Returns On Capital?

Mar 10
CHANG TYPE Industrial (TPE:1541): Are Investors Overlooking Returns On Capital?

These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely

Feb 18
These 4 Measures Indicate That CHANG TYPE Industrial (TPE:1541) Is Using Debt Safely

Introducing CHANG TYPE Industrial (TPE:1541), A Stock That Climbed 43% In The Last Year

Jan 25
Introducing CHANG TYPE Industrial (TPE:1541), A Stock That Climbed 43% In The Last Year

CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?

Jan 03
CHANG TYPE Industrial Co., Ltd.'s (TPE:1541) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?

Will CHANG TYPE Industrial (TPE:1541) Become A Multi-Bagger?

Dec 10
Will CHANG TYPE Industrial (TPE:1541) Become A Multi-Bagger?

CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt

Nov 19
CHANG TYPE Industrial (TPE:1541) Could Easily Take On More Debt

Financial Position Analysis

Short Term Liabilities: 1541's short term assets (NT$1.9B) exceed its short term liabilities (NT$740.3M).

Long Term Liabilities: 1541's short term assets (NT$1.9B) exceed its long term liabilities (NT$486.4M).

Debt to Equity History and Analysis

Debt Level: 1541 has more cash than its total debt.

Reducing Debt: 1541's debt to equity ratio has reduced from 53.7% to 0.6% over the past 5 years.

Debt Coverage: 1541's debt is well covered by operating cash flow (5581.5%).

Interest Coverage: 1541's interest payments on its debt are well covered by EBIT (6.7x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 18:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

CHANG TYPE Industrial Co., Ltd. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Zhangni WangJih Sun Securities Investment Consulting Co., Ltd.
Shih-Hao TsengJih Sun Securities Investment Consulting Co., Ltd.