Mayer Steel Pipe Corporation

TWSE:2020 Stock Report

Market Cap: NT$7.4b

Mayer Steel Pipe Past Earnings Performance

Past criteria checks 5/6

Mayer Steel Pipe has been growing earnings at an average annual rate of 23.2%, while the Metals and Mining industry saw earnings growing at 13.9% annually. Revenues have been growing at an average rate of 8.2% per year. Mayer Steel Pipe's return on equity is 26.3%, and it has net margins of 21.4%.

Key information

23.2%

Earnings growth rate

23.1%

EPS growth rate

Metals and Mining Industry Growth25.3%
Revenue growth rate8.2%
Return on equity26.3%
Net Margin21.4%
Last Earnings Update30 Sep 2024

Recent past performance updates

Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Nov 20
Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Recent updates

Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Nov 20
Mayer Steel Pipe's (TWSE:2020) Profits May Not Reveal Underlying Issues

Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

May 10
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

Apr 26
Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mar 21
We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

Mar 15
Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

Apr 08
We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Mar 24
How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Mar 03
Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Feb 16
Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Feb 01
Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Jan 19
Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Jan 06
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

Dec 24
Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Dec 11
We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Nov 28
Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Revenue & Expenses Breakdown

How Mayer Steel Pipe makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2020 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 245,5281,1853320
30 Jun 246,1131,3153370
31 Mar 246,7801,2843470
31 Dec 237,0091,0683180
30 Sep 237,2417112910
30 Jun 237,0733522720
31 Mar 236,6642542570
31 Dec 226,6242671940
30 Sep 226,5952882310
30 Jun 226,8145182480
31 Mar 226,8066352580
31 Dec 216,5597833340
30 Sep 216,2027923010
30 Jun 215,6597672900
31 Mar 215,1827252550
31 Dec 205,0743932230
30 Sep 204,8213692190
30 Jun 204,6082842080
31 Mar 204,3832002120
31 Dec 194,4834372280
30 Sep 194,6213552220
30 Jun 194,6353592220
31 Mar 194,9044282350
31 Dec 184,7363012380
30 Sep 184,6943802370
30 Jun 184,9303603350
31 Mar 184,8473233480
31 Dec 174,8673413490
30 Sep 174,9203513660
30 Jun 174,7063992890
31 Mar 174,6704372910
31 Dec 164,4853922840
30 Sep 164,4133662720
30 Jun 164,289-2213940
31 Mar 164,349-3094160
31 Dec 154,436-3704320
30 Sep 154,695-4434390
30 Jun 155,0091163170
31 Mar 155,4542913280
31 Dec 145,6792403150
30 Sep 145,6812683140
30 Jun 145,7792303110
31 Mar 145,397642780
31 Dec 135,3311782800

Quality Earnings: 2020 has a large one-off gain of NT$868.2M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 2020's current net profit margins (21.4%) are higher than last year (9.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2020's earnings have grown significantly by 23.2% per year over the past 5 years.

Accelerating Growth: 2020's earnings growth over the past year (66.8%) exceeds its 5-year average (23.2% per year).

Earnings vs Industry: 2020 earnings growth over the past year (66.8%) exceeded the Metals and Mining industry 8.7%.


Return on Equity

High ROE: 2020's Return on Equity (26.3%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 09:38
End of Day Share Price 2024/12/18 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

Mayer Steel Pipe Corporation 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
Kent ChenIBTS Investment Consulting Co., Ltd.
Suryanarayana PentakotaVirtua Research Inc.