Reported Earnings • Aug 14
Second quarter 2026 earnings released: EPS: NT$1.58 (vs NT$1.19 in 2Q 2025) Second quarter 2026 results: EPS: NT$1.58 (up from NT$1.19 in 2Q 2025). Revenue: NT$882.4m (up 18% from 2Q 2025). Net income: NT$73.7m (up 37% from 2Q 2025). Profit margin: 8.4% (up from 7.2% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to NT$110, the stock trades at a trailing P/E ratio of 16.6x. Average forward P/E is 13x in the Hospitality industry in Taiwan. Total returns to shareholders of 1.5% over the past three years. Upcoming Dividend • Jul 09
Upcoming dividend of NT$3.45 per share Eligible shareholders must have bought the stock before 16 July 2026. Payment date: 20 August 2026. Payout ratio is a comfortable 52% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (5.6%). Reported Earnings • May 13
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.39 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00. Revenue: NT$824.5m (up 21% from 1Q 2025). Net income: NT$61.3m (up 22% from 1Q 2025). Profit margin: 7.4% (in line with 1Q 2025). Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$6.44 (vs NT$4.88 in FY 2024) Full year 2025 results: EPS: NT$6.44 (up from NT$4.88 in FY 2024). Revenue: NT$3.04b (up 20% from FY 2024). Net income: NT$235.0m (up 34% from FY 2024). Profit margin: 7.7% (up from 6.9% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$136, the stock trades at a trailing P/E ratio of 22.9x. Average forward P/E is 14x in the Hospitality industry in Taiwan. Total returns to shareholders of 110% over the past three years. Announcement • Feb 26
YoungQin International Co., Ltd., Annual General Meeting, May 26, 2026 YoungQin International Co., Ltd., Annual General Meeting, May 26, 2026. Location: 3 floor no,16, ho chiang rd., jhongli district, taoyuan city Taiwan Buy Or Sell Opportunity • Feb 25
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 2.5% to NT$125. The fair value is estimated to be NT$102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. Buy Or Sell Opportunity • Jan 07
Now 21% overvalued Over the last 90 days, the stock has fallen 4.0% to NT$120. The fair value is estimated to be NT$98.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. Buy Or Sell Opportunity • Nov 28
Now 21% overvalued Over the last 90 days, the stock has fallen 6.0% to NT$124. The fair value is estimated to be NT$102, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. Buy Or Sell Opportunity • Nov 13
Now 21% overvalued Over the last 90 days, the stock has fallen 12% to NT$123. The fair value is estimated to be NT$101, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 22%. Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$1.78 (vs NT$1.47 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.78 (up from NT$1.47 in 2Q 2024). Revenue: NT$750.1m (up 22% from 2Q 2024). Net income: NT$53.7m (up 22% from 2Q 2024). Profit margin: 7.2% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jul 24
Upcoming dividend of NT$2.97 per share Eligible shareholders must have bought the stock before 31 July 2025. Payment date: 28 August 2025. Payout ratio is a comfortable 47% and the cash payout ratio is 96%. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.6%). Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$1.67 (vs NT$1.16 in 1Q 2024) First quarter 2025 results: EPS: NT$1.67 (up from NT$1.16 in 1Q 2024). Revenue: NT$682.7m (up 20% from 1Q 2024). Net income: NT$50.3m (up 44% from 1Q 2024). Profit margin: 7.4% (up from 6.2% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 45% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Apr 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.15b (US$95.7m) 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.15b market cap, or US$95.7m). 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$106, the stock trades at a trailing P/E ratio of 18.1x. Average forward P/E is 16x in the Hospitality industry in Taiwan. Total returns to shareholders of 198% over the past three years. New Risk • Mar 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.0% average weekly change). Reported Earnings • Mar 06
Full year 2024 earnings released: EPS: NT$5.84 (vs NT$4.40 in FY 2023) Full year 2024 results: EPS: NT$5.84 (up from NT$4.40 in FY 2023). Revenue: NT$2.53b (up 17% from FY 2023). Net income: NT$176.1m (up 33% from FY 2023). Profit margin: 6.9% (up from 6.1% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 27
YoungQin International Co., Ltd., Annual General Meeting, May 27, 2025 YoungQin International Co., Ltd., Annual General Meeting, May 27, 2025. Location: 3 floor no,16, ho chiang rd., jhongli district, taoyuan city Taiwan Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$124, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 18x in the Hospitality industry in Taiwan. Total returns to shareholders of 244% over the past three years. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.66 (vs NT$1.19 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.66 (up from NT$1.19 in 3Q 2023). Revenue: NT$668.2m (up 19% from 3Q 2023). Net income: NT$50.0m (up 40% from 3Q 2023). Profit margin: 7.5% (up from 6.3% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.47 (vs NT$1.12 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.47 (up from NT$1.12 in 2Q 2023). Revenue: NT$615.6m (up 15% from 2Q 2023). Net income: NT$44.2m (up 31% from 2Q 2023). Profit margin: 7.2% (up from 6.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 25
Upcoming dividend of NT$3.60 per share Eligible shareholders must have bought the stock before 02 July 2024. Payment date: 29 July 2024. Payout ratio is on the higher end at 78%, however this is supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (4.0%). Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$1.16 (vs NT$0.97 in 1Q 2023) First quarter 2024 results: EPS: NT$1.16 (up from NT$0.97 in 1Q 2023). Revenue: NT$567.1m (up 17% from 1Q 2023). Net income: NT$35.0m (up 20% from 1Q 2023). Profit margin: 6.2% (up from 6.0% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Apr 25
Now 20% overvalued Over the last 90 days, the stock has fallen 14% to NT$93.80. The fair value is estimated to be NT$78.01, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 22%. New Risk • Mar 13
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. Cash payout ratio: 109% Dividend yield: 3.6% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (109% cash payout ratio). Market cap is less than US$100m (NT$3.01b market cap, or US$95.9m). Announcement • Mar 08
YoungQin International Co., Ltd., Annual General Meeting, May 29, 2024 YoungQin International Co., Ltd., Annual General Meeting, May 29, 2024. Reported Earnings • Mar 06
Full year 2023 earnings released: EPS: NT$4.40 (vs NT$3.83 in FY 2022) Full year 2023 results: EPS: NT$4.40 (up from NT$3.83 in FY 2022). Revenue: NT$2.16b (up 14% from FY 2022). Net income: NT$132.5m (up 15% from FY 2022). Profit margin: 6.1% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$1.12 (vs NT$1.09 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.12 (up from NT$1.09 in 2Q 2022). Revenue: NT$534.6m (up 15% from 2Q 2022). Net income: NT$33.7m (up 2.4% from 2Q 2022). Profit margin: 6.3% (down from 7.1% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$161, the stock trades at a trailing P/E ratio of 41.7x. Average trailing P/E is 32x in the Hospitality industry in Taiwan. Total returns to shareholders of 278% over the past three years. Upcoming Dividend • Jun 27
Upcoming dividend of NT$1.60 per share at 0.9% yield Eligible shareholders must have bought the stock before 04 July 2023. Payment date: 09 August 2023. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$180, the stock trades at a trailing P/E ratio of 34x. Average trailing P/E is 34x in the Hospitality industry in Taiwan. Total returns to shareholders of 204% over the past three years. Buying Opportunity • Jun 15
Now 21% undervalued Over the last 90 days, the stock is up 22%. The fair value is estimated to be NT$195, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 21%. Reported Earnings • May 20
First quarter 2023 earnings released: EPS: NT$1.32 (vs NT$1.29 in 1Q 2022) First quarter 2023 results: EPS: NT$1.32 (up from NT$1.29 in 1Q 2022). Revenue: NT$486.6m (up 13% from 1Q 2022). Net income: NT$29.1m (up 2.7% from 1Q 2022). Profit margin: 6.0% (down from 6.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Mar 16
Now 20% undervalued Over the last 90 days, the stock is up 56%. The fair value is estimated to be NT$161, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 19%. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$133, the stock trades at a trailing P/E ratio of 25.2x. Average trailing P/E is 38x in the Hospitality industry in Taiwan. Total returns to shareholders of 170% over the past three years. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: NT$5.25 (vs NT$3.32 in FY 2021) Full year 2022 results: EPS: NT$5.25 (up from NT$3.32 in FY 2021). Revenue: NT$1.88b (up 21% from FY 2021). Net income: NT$115.6m (up 58% from FY 2021). Profit margin: 6.1% (up from 4.7% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 24% per year. Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$109, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 38x in the Hospitality industry in Taiwan. Total returns to shareholders of 107% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.56 (vs NT$0.55 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.56 (up from NT$0.55 in 3Q 2021). Revenue: NT$489.4m (up 31% from 3Q 2021). Net income: NT$34.3m (up 183% from 3Q 2021). Profit margin: 7.0% (up from 3.3% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 15
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 22 August 2022. Payment date: 26 September 2022. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.5%). Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: NT$1.64 (vs NT$0.72 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.64 (up from NT$0.72 in 2Q 2021). Revenue: NT$464.8m (up 21% from 2Q 2021). Net income: NT$32.9m (up 127% from 2Q 2021). Profit margin: 7.1% (up from 3.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 12% per year. Valuation Update With 7 Day Price Move • Jun 15
Investor sentiment improved over the past week After last week's 23% share price gain to NT$76.60, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 29x in the Hospitality industry in Taiwan. Total returns to shareholders of 53% over the past year. Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$1.42 (vs NT$0.76 in 1Q 2021) First quarter 2022 results: EPS: NT$1.42 (up from NT$0.76 in 1Q 2021). Revenue: NT$431.2m (up 14% from 1Q 2021). Net income: NT$28.3m (up 87% from 1Q 2021). Profit margin: 6.6% (up from 4.0% in 1Q 2021). The increase in margin was driven by higher revenue. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: NT$3.65 (vs NT$3.90 in FY 2020) Full year 2021 results: EPS: NT$3.65. Revenue: NT$1.56b (up 5.5% from FY 2020). Net income: NT$73.0m (up 3.4% from FY 2020). Profit margin: 4.7% (down from 4.8% in FY 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$0.61 (vs NT$1.25 in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$372.4m (down 6.7% from 3Q 2020). Net income: NT$12.1m (down 46% from 3Q 2020). Profit margin: 3.3% (down from 5.6% in 3Q 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Sep 07
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 14 September 2021. Payment date: 13 October 2021. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.2%). Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS NT$0.72 (vs NT$0.69 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$383.6m (up 8.8% from 2Q 2020). Net income: NT$14.5m (up 17% from 2Q 2020). Profit margin: 3.8% (up from 3.5% in 2Q 2020). The increase in margin was driven by higher revenue. Reported Earnings • May 13
First quarter 2021 earnings released: EPS NT$0.76 (vs NT$0.77 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: NT$378.2m (up 13% from 1Q 2020). Net income: NT$15.2m (up 9.7% from 1Q 2020). Profit margin: 4.0% (down from 4.1% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS NT$3.90 (vs NT$3.48 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$1.48b (up 14% from FY 2019). Net income: NT$70.5m (up 13% from FY 2019). Profit margin: 4.8% (in line with FY 2019). Is New 90 Day High Low • Jan 15
New 90-day low: NT$55.80 The company is down 35% from its price of NT$85.20 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment deteriorated over the past week After last week's 19% share price decline to NT$64.90, the stock is trading at a trailing P/E ratio of 18x, down from the previous P/E ratio of 22.3x. This compares to an average P/E of 33x in the Hospitality industry in Taiwan. Total returns to shareholders over the past year are 2.9%. Is New 90 Day High Low • Dec 16
New 90-day low: NT$68.80 The company is down 11% from its price of NT$76.90 on 18 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 8.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$1.25 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$399.0m (up 15% from 3Q 2019). Net income: NT$22.5m (up 40% from 3Q 2019). Profit margin: 5.6% (up from 4.6% in 3Q 2019). The increase in margin was driven by higher revenue. 
