Taiwan Cement Past Earnings Performance

Past criteria checks 4/6

Taiwan Cement's earnings have been declining at an average annual rate of -23.3%, while the Basic Materials industry saw earnings declining at 2.9% annually. Revenues have been declining at an average rate of 2.1% per year. Taiwan Cement's return on equity is 3.9%, and it has net margins of 7%.

Key information

-23.3%

Earnings growth rate

-25.5%

EPS growth rate

Basic Materials Industry Growth	-0.9%
Revenue growth rate	-2.1%
Return on equity	3.9%
Net Margin	7.0%
Last Earnings Update	31 Dec 2023

Recent past performance updates

Recent updates

Key Things To Watch Out For If You Are After Taiwan Cement Corp.'s (TPE:1101) 7.5% Dividend

Apr 10

Does Taiwan Cement (TPE:1101) Have A Healthy Balance Sheet?

Mar 28

Will Taiwan Cement's (TPE:1101) Growth In ROCE Persist?

Mar 15

If You Like EPS Growth Then Check Out Taiwan Cement (TPE:1101) Before It's Too Late

Mar 02

Shareholders Of Taiwan Cement (TPE:1101) Must Be Happy With Their 122% Total Return

Feb 18

What You Need To Know About Taiwan Cement Corp.'s (TPE:1101) Investor Composition

Feb 04

Is Taiwan Cement Corp. (TPE:1101) Trading At A 49% Discount?

Jan 23

Taiwan Cement Corp.'s (TPE:1101) Stock Has Fared Decently: Is the Market Following Strong Financials?

Jan 10

Read This Before Buying Taiwan Cement Corp. (TPE:1101) For Its Dividend

Dec 29

Does Taiwan Cement (TPE:1101) Have A Healthy Balance Sheet?

Dec 17

What Can The Trends At Taiwan Cement (TPE:1101) Tell Us About Their Returns?

Dec 05

With EPS Growth And More, Taiwan Cement (TPE:1101) Is Interesting

Nov 23

Revenue & Expenses Breakdown
Beta

How Taiwan Cement makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:1101 Revenue, expenses and earnings (TWD Millions)
Date	Revenue	Earnings	G+A Expenses	R&D Expenses
31 Dec 23	109,314	7,648	9,063	1,440
30 Sep 23	115,622	8,333	9,347	733
30 Jun 23	119,743	8,596	8,715	608
31 Mar 23	117,252	5,258	8,157	689
31 Dec 22	113,930	5,055	7,671	1,302
30 Sep 22	109,411	7,988	7,346	1,290
30 Jun 22	105,169	9,577	6,895	1,104
31 Mar 22	107,977	16,727	6,750	676
31 Dec 21	107,041	18,853	6,506	358
30 Sep 21	106,382	20,014	5,855	58
30 Jun 21	107,134	24,385	5,957	0
31 Mar 21	108,148	25,220	5,857	0
31 Dec 20	105,911	25,233	5,766	0
30 Sep 20	111,655	25,143	5,163	10
30 Jun 20	114,860	24,211	5,391	20
31 Mar 20	117,227	23,584	5,496	30
31 Dec 19	122,783	24,193	5,713	41
30 Sep 19	122,499	22,939	6,329	30
30 Jun 19	123,818	22,335	5,987	28
31 Mar 19	125,772	22,188	5,699	26
31 Dec 18	124,595	21,181	5,387	24
30 Sep 18	119,017	18,589	5,330	33
30 Jun 18	109,918	14,622	5,083	32
31 Mar 18	101,311	9,707	5,000	32
31 Dec 17	98,312	7,594	4,918	32
30 Sep 17	95,500	6,761	4,623	29
30 Jun 17	94,792	7,116	4,792	27
31 Mar 17	93,020	6,970	4,879	24
31 Dec 16	89,564	6,358	4,926	21
30 Sep 16	87,577	6,321	4,947	1
30 Jun 16	87,911	4,949	5,073	6
31 Mar 16	89,963	5,188	4,783	6
31 Dec 15	93,679	5,776	4,847	7
30 Sep 15	98,759	6,585	4,949	31
30 Jun 15	106,170	8,852	4,769	30
31 Mar 15	113,050	9,805	4,968	35
31 Dec 14	118,326	10,829	4,976	39
30 Sep 14	121,893	10,677	5,245	40
30 Jun 14	121,904	11,056	5,259	41
31 Mar 14	118,701	10,447	5,087	43
31 Dec 13	116,099	10,027	5,003	44
30 Sep 13	112,614	9,410	4,677	45
30 Jun 13	111,987	7,823	4,461	35

Quality Earnings: 1101 has high quality earnings.

Growing Profit Margin: 1101's current net profit margins (7%) are higher than last year (4.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 1101's earnings have declined by 23.3% per year over the past 5 years.

Accelerating Growth: 1101's earnings growth over the past year (51.3%) exceeds its 5-year average (-23.3% per year).

Earnings vs Industry: 1101 earnings growth over the past year (51.3%) exceeded the Basic Materials industry 11.1%.

Taiwan Cement Past Earnings Performance

Past criteria checks 4/6

Key information

Recent past performance updates

Full year 2023 earnings: Revenues miss analyst expectations

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

There's Reason For Concern Over Taiwan Cement Corp.'s (TWSE:1101) Price

Taiwan Cement Corp. Announces Common Shares Dividend Distribution for Fiscal Year Ended December 31, 2023

Full year 2023 earnings: Revenues miss analyst expectations

Taiwan Cement Corp., Annual General Meeting, May 21, 2024

Taiwan Cement (TWSE:1101) Could Be Struggling To Allocate Capital

Price target decreased by 10% to NT$33.18

Taiwan Cement Corp. Announces Corporate Sustainable Development Committee Appointments

Consensus EPS estimates increase by 17%

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus revenue estimates fall by 11%

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of NT$0.50 per share at 1.3% yield

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Taiwan Cement Corp. Approves Cash Dividend for 2022

Consensus EPS estimates increase by 14%, revenue downgraded

Consensus EPS estimates fall by 30%, revenue upgraded

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall by 12%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Taiwan Cement Corp. Announces Appointment of Roman Cheng as Member of Corporate Sustainable Development Committee

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Taiwan Cement Corp. Appoints Randy Yu as Chief Financial Officer, with Effect from September 13, 2022

Consensus EPS estimates fall by 34%

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

Taiwan Cement Corp. Announces Resignation of Li,Jong Peir for Corporate Sustainable Development Committee

Consensus forecasts updated

Taiwan Cement Corp. Appoints An-Ping Chang as President

Consensus forecasts updated

Consensus EPS estimates fall by 12%

Upcoming dividend of NT$1.00 per share

Taiwan Cement Corp. Announces Resignation of Li Jong-Peir as President, Effective on August 10, 2022

Taiwan Cement Corp. Announces Set Up Nomination Committee and Elects Committee Members

Consensus forecasts updated

Consensus forecasts updated

First quarter 2022 earnings: EPS misses analyst expectations

Consensus forecasts updated

Taiwan Cement Corp. Appoints Chief Information Security Officer

Consensus forecasts updated

Taiwan Cement Corp., Annual General Meeting, May 26, 2022

Full year 2021 earnings: EPS misses analyst expectations

Third quarter 2021 earnings released: EPS NT$0.51 (vs NT$1.30 in 3Q 2020)

Chang Chun Plastics Co., Ltd. completed the acquisition of Taiwan Prosperity Chemical Corporation from Taiwan Cement Corp. (TWSE:1101).

Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$1.32 in 2Q 2020)

Upcoming dividend of NT$3.37 per share

First quarter 2021 earnings released: EPS NT$0.57 (vs NT$0.52 in 1Q 2020)

A Look At The Fair Value Of Taiwan Cement Corp. (TPE:1101)

Investor sentiment improved over the past week

Key Things To Watch Out For If You Are After Taiwan Cement Corp.'s (TPE:1101) 7.5% Dividend

Does Taiwan Cement (TPE:1101) Have A Healthy Balance Sheet?

Taiwan Cement Corp. Announces Cash Dividend Distribution for 2020

Full year 2020 earnings released: EPS NT$4.38 (vs NT$4.22 in FY 2019)

Will Taiwan Cement's (TPE:1101) Growth In ROCE Persist?

If You Like EPS Growth Then Check Out Taiwan Cement (TPE:1101) Before It's Too Late

Shareholders Of Taiwan Cement (TPE:1101) Must Be Happy With Their 122% Total Return

What You Need To Know About Taiwan Cement Corp.'s (TPE:1101) Investor Composition

Taiwan Cement Corp., Annual General Meeting, Jun 11, 2021

New 90-day low: NT$40.25

Is Taiwan Cement Corp. (TPE:1101) Trading At A 49% Discount?

Taiwan Cement Corp.'s (TPE:1101) Stock Has Fared Decently: Is the Market Following Strong Financials?

Read This Before Buying Taiwan Cement Corp. (TPE:1101) For Its Dividend

Does Taiwan Cement (TPE:1101) Have A Healthy Balance Sheet?

What Can The Trends At Taiwan Cement (TPE:1101) Tell Us About Their Returns?

New 90-day high: NT$43.30

With EPS Growth And More, Taiwan Cement (TPE:1101) Is Interesting

Third quarter 2020 earnings released: EPS NT$1.30

Earnings beat expectations, revenue disappoints

New 90-day low: NT$40.05

Taiwan Cement Corp. (TSEC:1101) completed the acquisition of additional 31.1% stake in Taiwan Prosperity Chemical Corporation (TSEC:4725) for approximately TWD 740 million.

First half earnings released

Revenue & Expenses Breakdown
Beta