Topkey Corporation

TWSE:4536 Stock Report

Market Cap: NT$15.0b

Topkey Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Beryl Shen

Chief executive officer

NT$16.0m

Total compensation

CEO salary percentage10.83%
CEO tenure7.3yrs
CEO ownership1.8%
Management average tenureno data
Board average tenure5yrs

Recent management updates

Recent updates

Topkey's (TWSE:4536) Dividend Is Being Reduced To NT$8.50

Jun 17
Topkey's (TWSE:4536) Dividend Is Being Reduced To NT$8.50

Topkey (TWSE:4536) Is Reducing Its Dividend To NT$8.50

Jun 03
Topkey (TWSE:4536) Is Reducing Its Dividend To NT$8.50

At NT$178, Is It Time To Put Topkey Corporation (TPE:4536) On Your Watch List?

Apr 12
At NT$178, Is It Time To Put Topkey Corporation (TPE:4536) On Your Watch List?

Should You Invest In Topkey (TPE:4536)?

Mar 21
Should You Invest In Topkey (TPE:4536)?

Is Topkey Corporation (TPE:4536) A Smart Pick For Income Investors?

Mar 08
Is Topkey Corporation (TPE:4536) A Smart Pick For Income Investors?

Is Topkey (TPE:4536) Using Too Much Debt?

Feb 22
Is Topkey (TPE:4536) Using Too Much Debt?

Topkey (TPE:4536) Shareholders Have Enjoyed A 64% Share Price Gain

Feb 08
Topkey (TPE:4536) Shareholders Have Enjoyed A 64% Share Price Gain

Are Topkey Corporation's (TPE:4536) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Jan 25
Are Topkey Corporation's (TPE:4536) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Is Topkey Corporation (TPE:4536) Potentially Undervalued?

Jan 11
Is Topkey Corporation (TPE:4536) Potentially Undervalued?

Calculating The Intrinsic Value Of Topkey Corporation (TPE:4536)

Dec 28
Calculating The Intrinsic Value Of Topkey Corporation (TPE:4536)

The 21% Return On Capital At Topkey (TPE:4536) Got Our Attention

Dec 13
The 21% Return On Capital At Topkey (TPE:4536) Got Our Attention

Is Topkey Corporation (TPE:4536) The Right Choice For A Smart Dividend Investor?

Nov 30
Is Topkey Corporation (TPE:4536) The Right Choice For A Smart Dividend Investor?

CEO Compensation Analysis

How has Beryl Shen's remuneration changed compared to Topkey's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

NT$2b

Jun 30 2025n/an/a

NT$2b

Mar 31 2025n/an/a

NT$2b

Dec 31 2024NT$16mNT$2m

NT$2b

Sep 30 2024n/an/a

NT$1b

Jun 30 2024n/an/a

NT$1b

Mar 31 2024n/an/a

NT$1b

Dec 31 2023NT$15mNT$2m

NT$1b

Compensation vs Market: Beryl's total compensation ($USD510.46K) is above average for companies of similar size in the TW market ($USD200.77K).

Compensation vs Earnings: Beryl's compensation has been consistent with company performance over the past year.

CEO

Beryl Shen

7.3yrs
Tenure
NT$15,956,000
Compensation

Pei-Ni Shen, also known as Beryl, serves as a General Manager of Topkey Corporation since July 1, 2018 and serves as its Director. Pei-Ni Shen served as Vice President and Deputy Director of Institute of O...

Board Members

NamePositionTenureCompensationOwnership
Pei-Ni Shen
General Manager & Directorno dataNT$15.96m1.79%
NT$ 268.3m
Shih-Chien Yang
Independent Director9.5yrsNT$1.91mno data
Ying-Hwang Yang
Independent Director6.5yrsNT$1.95mno data
Tong-Chen Chu
Directorno dataNT$4.90m4.77%
NT$ 714.5m
Guo Wang
Supervisorno datano datano data
Wen-Chen Shen
Chairman of the Boardno dataNT$29.82m13.55%
NT$ 2.0b
Chao-Yueh Chuang
Directorno dataNT$1.92mno data
Kwei-Lin Chang
Vice Chairman3.5yrsNT$14.41mno data
Kuo-Feng Lin
Directorno dataNT$1.92mno data
Chen-Chi Ma
Independent Director9.5yrsNT$1.91mno data
Cherng Lee
Independent Director3.5yrsNT$1.91mno data
Chung-Hua Hsu
Independent Directorless than a yearno datano data
5.0yrs
Average Tenure

Experienced Board: 4536's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/20 03:03
End of Day Share Price 2025/11/20 00:00
Earnings2025/09/30
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Topkey Corporation is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Angus ChuangKGI Securities Co. Ltd.
Corinne JianMacquarie Research
Liangyu KoMasterlink Securities Corp.