Declared Dividend • May 25
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 9th June 2026 Payment date: 6th July 2026 Dividend yield will be 3.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (193% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 114% to bring the payout ratio under control. However, EPS has declined by 21% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 11
First quarter 2026 earnings released: EPS: NT$0.42 (vs NT$0.82 in 1Q 2025) First quarter 2026 results: EPS: NT$0.42 (down from NT$0.82 in 1Q 2025). Revenue: NT$310.5m (up 3.8% from 1Q 2025). Net income: NT$28.2m (down 49% from 1Q 2025). Profit margin: 9.1% (down from 18% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% 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 • Mar 05
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 20% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 180% Paying a dividend despite having no free cash flows. Earnings have declined by 7.4% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (11% net profit margin). Announcement • Mar 05
X-Legend Entertainment Co., Ltd., Annual General Meeting, May 22, 2026 X-Legend Entertainment Co., Ltd., Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: 15 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$1.20 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.49 (down from NT$1.20 in 3Q 2024). Revenue: NT$305.7m (down 24% from 3Q 2024). Net income: NT$32.3m (down 59% from 3Q 2024). Profit margin: 11% (down from 20% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 29
Dividend increased to NT$5.00 Dividend of NT$5.00 is 25% higher than last year. Ex-date: 13th June 2025 Payment date: 11th July 2025 Dividend yield will be 5.5%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (141% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 56% to bring the payout ratio under control. However, EPS has declined by 11% over the last 5 years so the company would need to reverse this trend. Announcement • May 28
X-Legend Entertainment Co., Ltd. Approves the Election of Pan Chien-Wei as Independent Director X-Legend Entertainment Co., Ltd. approved the election of Pan Chien-Wei as Independent Director, at its AGM held on May 27, 2025. Reported Earnings • May 04
First quarter 2025 earnings released: EPS: NT$0.82 (vs NT$2.05 in 1Q 2024) First quarter 2025 results: EPS: NT$0.82 (down from NT$2.05 in 1Q 2024). Revenue: NT$299.0m (down 33% from 1Q 2024). Net income: NT$54.7m (down 60% from 1Q 2024). Profit margin: 18% (down from 31% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Apr 25
X-Legend Entertainment Co., Ltd. to Report Q1, 2025 Results on May 02, 2025 X-Legend Entertainment Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025 Reported Earnings • Mar 13
Full year 2024 earnings released: EPS: NT$4.78 (vs NT$2.35 in FY 2023) Full year 2024 results: EPS: NT$4.78 (up from NT$2.35 in FY 2023). Revenue: NT$1.58b (down 2.4% from FY 2023). Net income: NT$317.6m (up 103% from FY 2023). Profit margin: 20% (up from 9.6% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Mar 12
X-Legend Entertainment Co., Ltd., Annual General Meeting, May 27, 2025 X-Legend Entertainment Co., Ltd., Annual General Meeting, May 27, 2025, at 09:00 Taipei Standard Time. Location: 6 floor no,99, fu hsing n. rd., songshan district, taipei city Taiwan Buy Or Sell Opportunity • Mar 07
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.0% to NT$103. The fair value is estimated to be NT$130, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 25% over the last 3 years. Earnings per share has grown by 4.2%. Announcement • Mar 01
X-Legend Entertainment Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025 X-Legend Entertainment Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 05
Third quarter 2024 earnings released: EPS: NT$1.19 (vs NT$0.58 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.19 (up from NT$0.58 in 3Q 2023). Revenue: NT$400.4m (flat on 3Q 2023). Net income: NT$79.3m (up 65% from 3Q 2023). Profit margin: 20% (up from 12% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year and the company’s share price has also increased by 4% per year. Announcement • Nov 02
X-Legend Entertainment Co., Ltd. Appoints Yu-Hsuan Chan as Corporate Governance Officer X-Legend Entertainment Co., Ltd. announcement of the change of corporate governance officer. Name, title, and resume of the new position holder: YU-HSUAN CHAN/Financial accounting dept. Effective date is November 1, 2024. Announcement • Oct 25
X-Legend Entertainment Co., Ltd. to Report Q3, 2024 Results on Nov 01, 2024 X-Legend Entertainment Co., Ltd. announced that they will report Q3, 2024 results on Nov 01, 2024 Reported Earnings • Aug 07
Second quarter 2024 earnings released: EPS: NT$0.47 (vs NT$0.88 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.47 (down from NT$0.88 in 2Q 2023). Revenue: NT$384.8m (down 11% from 2Q 2023). Net income: NT$30.9m (down 47% from 2Q 2023). Profit margin: 8.0% (down from 13% in 2Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Announcement • Aug 03
X-Legend Entertainment Co., Ltd. Announces the Resignation of Wan-Ting Shih as Corporate Governance Officer X-Legend Entertainment Co., Ltd. announced the resignation of Wan-Ting Shih as Corporate governance officer. Date of occurrence of the change: August 2, 2024. The new replacement corporate governance officer will be announced after approval by the board of directors. Announcement • Jul 24
X-Legend Entertainment Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024 X-Legend Entertainment Co., Ltd. announced that they will report Q2, 2024 results on Aug 02, 2024 Buy Or Sell Opportunity • Jul 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to NT$106. The fair value is estimated to be NT$133, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 28% over the last 3 years. Earnings per share has declined by 33%. Declared Dividend • Jun 01
Dividend of NT$4.00 announced Shareholders will receive a dividend of NT$4.00. Ex-date: 18th June 2024 Payment date: 15th July 2024 Dividend yield will be 6.2%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is not covered by earnings (107% earnings payout ratio) nor is it covered by cash flows (117% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 19% to bring the payout ratio under control. However, EPS has declined by 17% over the last 5 years so the company would need to reverse this trend. Announcement • May 31
X-Legend Entertainment Co., Ltd. Announces Distribution Cash Dividend for the Year 2023, Payable on July 15, 2024 X-Legend Entertainment Co., Ltd. announced Distribution cash dividend of earnings TWD 152,681,820, TWD 2.3 per share for the year 2023. Ex-rights (ex-dividend) trading date June 18, 2024. Ex-rights (ex-dividend) record date is June 24, 2024. Payment date of cash dividend distribution is July 15, 2024. Reported Earnings • May 04
First quarter 2024 earnings released: EPS: NT$2.05 (vs NT$0.66 in 1Q 2023) First quarter 2024 results: EPS: NT$2.05 (up from NT$0.66 in 1Q 2023). Revenue: NT$447.2m (up 14% from 1Q 2023). Net income: NT$136.2m (up 210% from 1Q 2023). Profit margin: 31% (up from 11% in 1Q 2023). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Apr 28
X-Legend Entertainment Co., Ltd. to Report Q1, 2024 Results on May 03, 2024 X-Legend Entertainment Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024 New Risk • Mar 14
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 170% Cash payout ratio: 386% Dividend yield: 3.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. 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: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 170% Cash payout ratio: 386% Minor Risk Share price has been volatile over the past 3 months (6.4% average weekly change). New Risk • Mar 12
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 6.2% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to NT$107, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 24x in the Entertainment industry in Taiwan. Total returns to shareholders of 5.1% over the past three years. Reported Earnings • Mar 07
Full year 2023 earnings released: EPS: NT$1.69 (vs NT$0.80 in FY 2022) Full year 2023 results: EPS: NT$1.69 (up from NT$0.80 in FY 2022). Revenue: NT$1.62b (down 13% from FY 2022). Net income: NT$156.1m (up 196% from FY 2022). Profit margin: 9.6% (up from 2.8% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$71.70, the stock trades at a trailing P/E ratio of 34.4x. Average trailing P/E is 21x in the Entertainment industry in Taiwan. Total loss to shareholders of 29% over the past three years. Announcement • Dec 23
X-Legend Entertainment Co., Ltd. Announces Appointment of Chou Chiu-Mei as Chief Information Security Officer X-Legend Entertainment Co., Ltd. announced appointment of Chou Chiu-Mei/Vice President of Operation as Chief Information Security Officer. Effective date 22 December 2023. . Announcement • Nov 05
X-Legend Entertainment Co., Ltd. Announces the Appointment of Wan-Ting Shih as Corporate Governance Officer X-Legend Entertainment Co., Ltd. announced the appointment of WAN-TING SHIH as corporate governance officer, effective November 3, 2023. WAN-TING SHIH is Financial accounting dept. assistant manager. Upcoming Dividend • Sep 20
Upcoming dividend of NT$4.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 27 September 2023. Payment date: 11 October 2023. Payout ratio is a comfortable 56% and the cash payout ratio is 99%. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (5.5%). Announcement • Sep 12
X-Legend Entertainment Co., Ltd. Announces Change of Corporate Governance Officer X-Legend Entertainment Co., Ltd. announced that the change of corporate governance officer. Name, title, and resume of the previous position holder: YA-RU WU/Financial accounting dept. assistant manager. Name, title, and resume of the new position holder: WAN-TING SHIH/Financial accounting dept. assistant manager. Effective date is September 11, 2023. The corporate governance officer is appointed at September 11, 2023 and will be ratified after approval by the board of directors. Announcement • Aug 26
X-Legend Entertainment Co., Ltd. Announces Resignation of Ya-Ru Wu as Corporate Governance Officer X-Legend Entertainment Co., Ltd. announced the resignation of Ya-Ru Wu/Financial accounting dept. assistant manager as corporate governance officer of the company, with effect from August 25, 2023. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.015 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.52 (up from NT$0.015 in 2Q 2022). Revenue: NT$433.0m (down 15% from 2Q 2022). Net income: NT$58.2m (up NT$56.4m from 2Q 2022). Profit margin: 13% (up from 0.3% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 09
Upcoming dividend of NT$0.50 per share at 1.1% yield Eligible shareholders must have bought the stock before 16 June 2023. Payment date: 14 July 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (5.1%). Announcement • May 06
X-Legend Entertainment Co., Ltd. Announces the Appointment of Chou Chiu-Mei as Chief Risk Officer X-Legend Entertainment Co., Ltd. announced the appointment of Chou Chiu-Mei /Vice President of Operation as Chief Risk Officer. Effective date is May 05, 2023. Buying Opportunity • Apr 25
Now 21% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be NT$55.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 19% over the last 3 years. Earnings per share has declined by 52%. Reported Earnings • Mar 08
Full year 2022 earnings released: EPS: NT$0.48 (vs NT$1.23 in FY 2021) Full year 2022 results: EPS: NT$0.48 (down from NT$1.23 in FY 2021). Revenue: NT$1.86b (down 36% from FY 2021). Net income: NT$52.8m (down 61% from FY 2021). Profit margin: 2.8% (down from 4.7% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 08
Third quarter 2022 earnings released: EPS: NT$0.07 (vs NT$0.84 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.07 (down from NT$0.84 in 3Q 2021). Revenue: NT$449.2m (down 41% from 3Q 2021). Net income: NT$8.58m (down 91% from 3Q 2021). Profit margin: 1.9% (down from 12% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
Second quarter 2022 earnings released: EPS: NT$0.02 (vs NT$0.34 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.02 (down from NT$0.34 in 2Q 2021). Revenue: NT$511.5m (down 28% from 2Q 2021). Net income: NT$1.71m (down 95% from 2Q 2021). Profit margin: 0.3% (down from 5.3% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Announcement • Aug 06
X-Legend Entertainment Co., Ltd. Appoints Wang Chun-Lung as Chief Information Security Officer X-Legend Entertainment Co., Ltd. appointed Wang Chun-Lung as chief information security officer effective August 5, 2022. Board Change • Jul 31
High number of new directors VP of R&D, Head of Technology Division & Planning Department and Director Chun-Lung Wang was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Jul 05
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 12 July 2022. Payment date: 08 August 2022. Payout ratio is on the higher end at 86%, and the cash payout ratio is above 100%. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (6.0%). Announcement • Jun 25
X-Legend Entertainment Co., Ltd. Appoints Members of the 5th Remuneration Committee The board of directors of X-Legend Entertainment Co., Ltd. appointed members of the 5th Remuneration committee. Name of the previous position holder: Kao Jen-Lung, Sir Min-Hong, Chiang Sue-Jane. Resume of the previous position holder: Kao Jen-Lung- Independent director, X-LEGEND ENTERTAINMENT CO., LTD., Sir Min-Hong- Independent director, X-LEGEND ENTERTAINMENT CO., LTD., Chiang Sue-Jane- Independent director, X-LEGEND ENTERTAINMENT CO., LTD., Name of the new position holder: Chiang Sue-Jane, Yeh Li-Chuan, Chen Hung-Chieh. Resume of the new position holder: Chiang Sue-Jane- Independent director, X-LEGEND ENTERTAINMENT CO., LTD., Yeh Li-Chuan - Independent director, X-LEGEND ENTERTAINMENT CO., LTD., Chen Hung-Chieh- Independent director, X-LEGEND ENTERTAINMENT CO., LTD. Effective date of the new member is June 24, 2022. Announcement • Jun 17
X-Legend Entertainment Co., Ltd. Announces Establishment of an Audit Committee X-Legend Entertainment Co., Ltd. announced the establishment of an audit committee by the Company. Name of the new position holder: Chiang Sue-Jane, Yeh Li-Chuan, Chen Hung-Chieh, Jeng Gung-Yeu. Resume of the new position holder: Chiang Sue-Jane- Independent director, X-LEGEND ENTERTAINMENT CO., LTD. Yeh Li-Chuan- Independent director, X-LEGEND ENTERTAINMENT CO., LTD. Chen Hung-Chieh- Independent director, X-LEGEND ENTERTAINMENT CO., LTD. Jeng Gung-Yeu- Independent director, X-LEGEND ENTERTAINMENT CO., LTD. Effective date of the new member is June 15, 2022. Announcement • Jun 16
X-Legend Entertainment Co., Ltd. Announces Election of Independent Directors X-Legend Entertainment Co., Ltd. announced that at its shareholders meeting held on June 15, 2022, approved the election of Yeh Li-Chuan, Chen Hung-Chieh and Jeng Gung-Yeu as Independent directors. Reported Earnings • May 05
First quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.014 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.49 (up from NT$0.014 loss in 1Q 2021). Revenue: NT$561.8m (down 24% from 1Q 2021). Net income: NT$54.4m (up NT$56.0m from 1Q 2021). Profit margin: 9.7% (up from net loss in 1Q 2021). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$45.20, the stock trades at a trailing P/E ratio of 36.6x. Average trailing P/E is 12x in the Entertainment industry in Taiwan. Total loss to shareholders of 33% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Sue-Jane Chiang was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Apr 21
X-Legend Entertainment Co., Ltd. Expects to Launch 2 Blockchain Games in 2022 X-Legend Entertainment Co., Ltd. expected to launch 2 blockchain games in 2022. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 24% share price gain to NT$56.10, the stock trades at a trailing P/E ratio of 45.5x. Average trailing P/E is 13x in the Entertainment industry in Taiwan. Total loss to shareholders of 9.1% over the past three years. Reported Earnings • Mar 08
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: NT$1.23 (down from NT$3.91 in FY 2020). Revenue: NT$2.90b (down 11% from FY 2020). Net income: NT$136.5m (down 69% from FY 2020). Profit margin: 4.7% (down from 13% in FY 2020). The decrease in margin was driven by lower revenue. Revenue exceeded analyst estimates by 22%. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 22% share price gain to NT$64.00, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 14x in the Entertainment industry in Taiwan. Total returns to shareholders of 31% over the past three years. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS NT$0.33 (vs NT$0.41 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$705.3m (down 14% from 2Q 2020). Net income: NT$37.1m (down 18% from 2Q 2020). Profit margin: 5.3% (down from 5.5% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 04
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 11 August 2021. Payment date: 08 September 2021. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (5.0%). Reported Earnings • May 08
First quarter 2021 earnings released: NT$0.01 loss per share (vs NT$0.91 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: NT$742.9m (down 3.8% from 1Q 2020). Net loss: NT$1.60m (down 102% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Announcement • Mar 07
X-Legend Entertainment Co., Ltd. Announces the Appointment of Chia-An Lin as its New Corporate Governance Officer, Effective March 05, 2021 X-Legend Entertainment Co., Ltd. announced the Appointment of Chia-An Lin as its New Corporate Governance Officer, effective March 05, 2021. Reported Earnings • Mar 06
Full year 2020 earnings released: EPS NT$3.91 (vs NT$4.48 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$3.25b (down 13% from FY 2019). Net income: NT$432.9m (down 13% from FY 2019). Profit margin: 13% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Announcement • Mar 06
X-Legend Entertainment Co., Ltd., Annual General Meeting, Jun 23, 2021 X-Legend Entertainment Co., Ltd., Annual General Meeting, Jun 23, 2021. Location: 15F.,No.99, Fuxing N. Rd., Songshan Dist Tapei City Taiwan Agenda: To consider business report of 2020; to consider Supervisor's review report of 2020; to consider Report for the distribution of remuneration of employee, directors and supervisors of 2020; to consider Report for revising the Company's Code of Ethical Conduct; and to consider other matters. Is New 90 Day High Low • Mar 03
New 90-day high: NT$78.40 The company is up 6.0% from its price of NT$74.30 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 10.0% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: NT$77.50 The company is up 29% from its price of NT$60.30 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 1.0% over the same period. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 15% share price gain to NT$68.00, the stock is trading at a trailing P/E ratio of 17.9x, up from the previous P/E ratio of 15.5x. This compares to an average P/E of 17x in the Entertainment industry in Taiwan. Total returns to shareholders over the past three years are 32%. Is New 90 Day High Low • Oct 28
New 90-day low: NT$58.80 The company is down 7.0% from its price of NT$62.90 on 30 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is down 4.0% over the same period.