Reported Earnings • May 09
First quarter 2026 earnings released: EPS: NT$0.092 (vs NT$0.11 in 1Q 2025) First quarter 2026 results: EPS: NT$0.092 (down from NT$0.11 in 1Q 2025). Revenue: NT$175.5m (down 2.5% from 1Q 2025). Net income: NT$7.46m (down 18% from 1Q 2025). Profit margin: 4.3% (down from 5.0% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 97% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 11
Chia Ta World Co., Ltd., Annual General Meeting, Jun 18, 2026 Chia Ta World Co., Ltd., Annual General Meeting, Jun 18, 2026, at 09:00 Taipei Standard Time. Location: no,2, yung yun 5th rd., yongkang district, tainan city Taiwan Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$0.35 (vs NT$0.20 in FY 2024) Full year 2025 results: EPS: NT$0.35 (up from NT$0.20 in FY 2024). Revenue: NT$702.7m (up 22% from FY 2024). Net income: NT$28.3m (up 80% from FY 2024). Profit margin: 4.0% (up from 2.7% 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 104% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 07
Third quarter 2025 earnings released: EPS: NT$0.09 (vs NT$0.058 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.09 (up from NT$0.058 in 3Q 2024). Revenue: NT$164.7m (up 21% from 3Q 2024). Net income: NT$7.43m (up 59% from 3Q 2024). Profit margin: 4.5% (up from 3.4% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. New Risk • Oct 02
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 6.5% 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: Major Risk Earnings have declined by 24% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Market cap is less than US$100m (NT$1.54b market cap, or US$50.5m). Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$20.35, the stock trades at a trailing P/E ratio of 76.8x. Average trailing P/E is 21x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 66% over the past three years. Reported Earnings • Aug 08
Second quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.053 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.05 (down from NT$0.053 in 2Q 2024). Revenue: NT$182.0m (up 22% from 2Q 2024). Net income: NT$4.24m (flat on 2Q 2024). Profit margin: 2.3% (down from 2.9% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 31
Upcoming dividend of NT$0.20 per share Eligible shareholders must have bought the stock before 07 August 2025. Payment date: 29 August 2025. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (3.2%). Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$0.11 (vs NT$0.042 in 1Q 2024) First quarter 2025 results: EPS: NT$0.11 (up from NT$0.042 in 1Q 2024). Revenue: NT$179.9m (up 33% from 1Q 2024). Net income: NT$9.08m (up 168% from 1Q 2024). Profit margin: 5.0% (up from 2.5% 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 52% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Apr 30
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 20% to NT$18.05. The fair value is estimated to be NT$22.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Meanwhile, the company has become profitable. Announcement • Apr 24
Chia Ta World Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Chia Ta World Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Buy Or Sell Opportunity • Apr 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to NT$17.85. The fair value is estimated to be NT$23.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: NT$0.19 (vs NT$0.039 loss in FY 2023) Full year 2024 results: EPS: NT$0.19 (up from NT$0.039 loss in FY 2023). Revenue: NT$577.7m (down 1.5% from FY 2023). Net income: NT$15.7m (up NT$18.8m from FY 2023). Profit margin: 2.7% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Mar 07
Chia Ta World Co., Ltd., Annual General Meeting, Jun 20, 2025 Chia Ta World Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,2, yung yun 5th rd., yongkang district, tainan city Taiwan Announcement • Feb 21
Chia Ta World Co., Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025 Chia Ta World Co., Ltd. announced that they will report fiscal year 2024 results on Mar 06, 2025 Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: NT$0.06 (vs NT$0.005 loss in 3Q 2023) Third quarter 2024 results: EPS: NT$0.06 (up from NT$0.005 loss in 3Q 2023). Revenue: NT$136.3m (up 2.5% from 3Q 2023). Net income: NT$4.67m (up NT$5.08m from 3Q 2023). Profit margin: 3.4% (up from net loss in 3Q 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Oct 25
Chia Ta World Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024 Chia Ta World Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024 Announcement • Aug 10
Chia Ta World Co., Ltd. Announces the Change in Members of the Remuneration Committee Chia Ta World Co., Ltd. announced the Change in members of the Company's 6th Remuneration Committee. Name of the previous position holder: Hu Jin-Lian, Wang Jun-Teng. Name of the new position holder: Liao Chien-Ming and Lu Chia-Chan. Effective date of the new member is August 8, 2024. Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: NT$0.05 (vs NT$0.011 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.05 (up from NT$0.011 loss in 2Q 2023). Revenue: NT$149.5m (down 3.6% from 2Q 2023). Net income: NT$4.27m (up NT$5.13m from 2Q 2023). Profit margin: 2.9% (up from net loss in 2Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Chia Ta World Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Chia Ta World Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.076 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.04 (up from NT$0.076 loss in 1Q 2023). Revenue: NT$135.7m (down 8.0% from 1Q 2023). Net income: NT$3.38m (up NT$9.49m from 1Q 2023). Profit margin: 2.5% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Announcement • Apr 28
Chia Ta World Co., Ltd. to Report Q1, 2024 Results on May 08, 2024 Chia Ta World Co., Ltd. announced that they will report Q1, 2024 results on May 08, 2024 Announcement • Mar 08
Chia Ta World Co., Ltd., Annual General Meeting, Jun 20, 2024 Chia Ta World Co., Ltd., Annual General Meeting, Jun 20, 2024. Location: No. 16, Ln. 317,Zhongzheng N. Rd., Yongkang Dist Tainan City Taiwan Agenda: To consider and approve the Business Report for 2023 and Business report for 2024; to consider and approve the 2023 Plan of Deficit Compensation; to consider and approve the Election of new directors; and to consider other matters of business. Reported Earnings • Mar 08
Full year 2023 earnings released: NT$0.04 loss per share (vs NT$0.16 loss in FY 2022) Full year 2023 results: NT$0.04 loss per share (improved from NT$0.16 loss in FY 2022). Revenue: NT$586.5m (down 28% from FY 2022). Net loss: NT$3.11m (loss narrowed 76% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 109 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 12
Second quarter 2023 earnings released: NT$0.01 loss per share (vs NT$0.014 loss in 2Q 2022) Second quarter 2023 results: NT$0.01 loss per share (improved from NT$0.014 loss in 2Q 2022). Revenue: NT$155.0m (down 23% from 2Q 2022). Net loss: NT$859.0k (loss narrowed 26% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 10
Third quarter 2022 earnings released: NT$0.05 loss per share (vs NT$0.061 profit in 3Q 2021) Third quarter 2022 results: NT$0.05 loss per share (down from NT$0.061 profit in 3Q 2021). Revenue: NT$182.8m (down 13% from 3Q 2021). Net loss: NT$4.31m (down 187% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Aug 10
Second quarter 2022 earnings released: NT$0.01 loss per share (vs NT$0.038 profit in 2Q 2021) Second quarter 2022 results: NT$0.01 loss per share (down from NT$0.038 profit in 2Q 2021). Revenue: NT$202.1m (down 6.1% from 2Q 2021). Net loss: NT$1.17m (down 138% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Upcoming Dividend • Jul 15
Upcoming dividend of NT$0.20 per share Eligible shareholders must have bought the stock before 22 July 2022. Payment date: 19 August 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (6.8%). Lower than average of industry peers (9.0%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.036 in 1Q 2021) First quarter 2022 results: EPS: NT$0.01 (down from NT$0.036 in 1Q 2021). Revenue: NT$237.3m (up 21% from 1Q 2021). Net income: NT$941.0k (down 68% from 1Q 2021). Profit margin: 0.4% (down from 1.5% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$0.18 (down from NT$0.24 in FY 2020). Revenue: NT$844.8m (up 12% from FY 2020). Net income: NT$14.7m (down 26% from FY 2020). Profit margin: 1.7% (down from 2.6% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.06 (vs NT$0.053 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$209.2m (up 6.5% from 3Q 2020). Net income: NT$4.96m (up 16% from 3Q 2020). Profit margin: 2.4% (up from 2.2% in 3Q 2020). 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 whereas the company’s share price has increased by 22% per year. Upcoming Dividend • Aug 18
Upcoming dividend of NT$0.30 per share Eligible shareholders must have bought the stock before 25 August 2021. Payment date: 24 September 2021. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (1.6%). Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 19% share price gain to NT$18.40, the stock trades at a trailing P/E ratio of 70.4x. Average trailing P/E is 21x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 53% over the past three years. Reported Earnings • May 11
First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.033 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$195.6m (up 2.8% from 1Q 2020). Net income: NT$2.90m (up 9.0% from 1Q 2020). Profit margin: 1.5% (up from 1.4% in 1Q 2020). 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 whereas the company’s share price has increased by 21% per year. Valuation Update With 7 Day Price Move • May 04
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$17.35, the stock trades at a trailing P/E ratio of 70.7x. Average trailing P/E is 31x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 58% over the past three years. Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improved over the past week After last week's 15% share price gain to NT$15.90, the stock trades at a trailing P/E ratio of 64.8x. Average trailing P/E is 28x in the Metals and Mining industry in Taiwan. Total returns to shareholders of 29% over the past three years. Reported Earnings • Mar 17
Full year 2020 earnings released: EPS NT$0.25 (vs NT$0.45 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$757.8m (down 8.9% from FY 2019). Net income: NT$19.8m (down 46% from FY 2019). Profit margin: 2.6% (down from 4.4% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Announcement • Mar 16
Chia Ta World Co., Ltd., Annual General Meeting, Jun 21, 2021 Chia Ta World Co., Ltd., Annual General Meeting, Jun 21, 2021. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 21% share price gain to NT$12.95, the stock is trading at a trailing P/E ratio of 22.9x, up from the previous P/E ratio of 18.9x. This compares to an average P/E of 25x in the Metals and Mining industry in Taiwan. Total return to shareholders over the past three years is a loss of 25%. Is New 90 Day High Low • Dec 21
New 90-day high: NT$13.25 The company is up 31% from its price of NT$10.15 on 22 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 18% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: NT$12.30 The company is up 14% from its price of NT$10.75 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 16% over the same period. Valuation Update With 7 Day Price Move • Nov 23
Market bids up stock over the past week After last week's 17% share price gain to NT$11.35, the stock is trading at a trailing P/E ratio of 21.4x, up from the previous P/E ratio of 18.4x. This compares to an average P/E of 22x in the Metals and Mining industry in Taiwan. Total returns to shareholders over the past three years are 33%. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.05 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$196.5m (down 6.5% from 3Q 2019). Net income: NT$4.26m (up NT$5.74m from 3Q 2019). Profit margin: 2.2% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.