Upcoming Dividend • Jun 17
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 24 June 2026. Payment date: 17 July 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (5.2%). Declared Dividend • May 23
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 24th June 2026 Payment date: 17th July 2026 Dividend yield will be 6.5%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (127% earnings payout ratio) nor is it covered by cash flows (147% cash payout ratio). The dividend has increased by an average of 21% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 41% to bring the payout ratio under control. However, EPS has declined by 6.9% over the last 5 years so the company would need to reverse this trend. Reported Earnings • May 09
First quarter 2026 earnings released: EPS: NT$0.71 (vs NT$0.90 in 1Q 2025) First quarter 2026 results: EPS: NT$0.71 (down from NT$0.90 in 1Q 2025). Revenue: NT$550.3m (up 2.4% from 1Q 2025). Net income: NT$108.8m (down 19% from 1Q 2025). Profit margin: 20% (down from 25% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$2.57 (vs NT$3.59 in FY 2024) Full year 2025 results: EPS: NT$2.57 (down from NT$3.59 in FY 2024). Revenue: NT$2.16b (up 1.8% from FY 2024). Net income: NT$385.5m (down 28% from FY 2024). Profit margin: 18% (down from 25% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year. Announcement • Mar 09
Dafeng TV Ltd., Annual General Meeting, May 27, 2026 Dafeng TV Ltd., Annual General Meeting, May 27, 2026. Location: 3 floor no,161, sec.1 chung shan rd., banciao district, new taipei city Taiwan Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$0.87 (vs NT$0.84 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.87 (up from NT$0.84 in 2Q 2024). Revenue: NT$541.0m (up 1.2% from 2Q 2024). Net income: NT$128.5m (up 2.7% from 2Q 2024). Profit margin: 24% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year. Upcoming Dividend • Jun 17
Upcoming dividend of NT$3.19 per share Eligible shareholders must have bought the stock before 24 June 2025. Payment date: 18 July 2025. Payout ratio and cash payout ratio are on the higher end at 88% and 86% respectively. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (5.3%). Announcement • Jun 11
Dafeng TV Ltd. has filed a Follow-on Equity Offering. Dafeng TV Ltd. has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Security Name: Shares
Security Type: Common Stock
Transaction Features: Rights Offering Declared Dividend • May 23
Dividend increased to NT$3.20 Dividend of NT$3.20 is 6.7% higher than last year. Ex-date: 24th June 2025 Payment date: 18th July 2025 Dividend yield will be 5.9%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by both earnings (88% earnings payout ratio) and cash flows (86% cash payout ratio). The dividend has increased by an average of 6.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 1.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$0.90 (vs NT$0.84 in 1Q 2024) First quarter 2025 results: EPS: NT$0.90 (up from NT$0.84 in 1Q 2024). Revenue: NT$537.3m (up 3.2% from 1Q 2024). Net income: NT$133.6m (up 6.9% from 1Q 2024). Profit margin: 25% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • May 01
Dafeng TV Ltd. to Report Q1, 2025 Results on May 08, 2025 Dafeng TV Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Reported Earnings • Mar 14
Full year 2024 earnings released: EPS: NT$3.59 (vs NT$3.52 in FY 2023) Full year 2024 results: EPS: NT$3.59 (up from NT$3.52 in FY 2023). Revenue: NT$2.12b (up 2.5% from FY 2023). Net income: NT$531.9m (up 2.0% from FY 2023). Profit margin: 25% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Feb 27
Dafeng TV Ltd., Annual General Meeting, May 27, 2025 Dafeng TV Ltd., Annual General Meeting, May 27, 2025. Location: 3 floor no,161, sec.1 chung shan rd., banciao district, new taipei city Taiwan Announcement • Feb 18
Dafeng TV Ltd. to Report Q4, 2024 Results on Feb 26, 2025 Dafeng TV Ltd. announced that they will report Q4, 2024 results on Feb 26, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$1.04 (vs NT$0.80 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.04 (up from NT$0.80 in 3Q 2023). Revenue: NT$526.8m (up 1.8% from 3Q 2023). Net income: NT$154.6m (up 30% from 3Q 2023). Profit margin: 29% (up from 23% in 3Q 2023). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 06
Second quarter 2024 earnings released: EPS: NT$0.85 (vs NT$1.05 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.85 (down from NT$1.05 in 2Q 2023). Revenue: NT$534.4m (up 2.8% from 2Q 2023). Net income: NT$125.1m (down 20% from 2Q 2023). Profit margin: 23% (down from 30% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Announcement • Jul 24
Dafeng TV Ltd. to Report Q2, 2024 Results on Aug 01, 2024 Dafeng TV Ltd. announced that they will report Q2, 2024 results on Aug 01, 2024 Upcoming Dividend • Jun 13
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 20 June 2024. Payment date: 12 July 2024. Payout ratio is on the higher end at 85%, and the cash payout ratio is above 100%. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (5.2%). Announcement • Jun 01
Dafeng TV Ltd. Announces Resignation of Fu, Yu-Chieh as Financial Officer and Accounting Officer Dafeng TV Ltd. announced resignation of Fu, Yu-Chieh/Manager of Finance Center as Financial Officer and Accounting Officer. Effective date is May 31, 2024. Declared Dividend • May 25
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 20th June 2024 Payment date: 12th July 2024 Dividend yield will be 5.5%, which is higher than the industry average of 5.2%. Sustainability & Growth Dividend is covered by earnings (86% earnings payout ratio) but not covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 6.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.84 (vs NT$0.84 in 1Q 2023) First quarter 2024 results: EPS: NT$0.84 (down from NT$0.84 in 1Q 2023). Revenue: NT$520.4m (up 2.0% from 1Q 2023). Net income: NT$125.1m (flat on 1Q 2023). Profit margin: 24% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Announcement • May 03
Dafeng TV Ltd. to Report Q1, 2024 Results on May 09, 2024 Dafeng TV Ltd. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 14
Full year 2023 earnings released: EPS: NT$3.52 (vs NT$3.48 in FY 2022) Full year 2023 results: EPS: NT$3.52 (up from NT$3.48 in FY 2022). Revenue: NT$2.07b (up 2.8% from FY 2022). Net income: NT$521.5m (up 1.1% from FY 2022). Profit margin: 25% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Announcement • Mar 07
Dafeng TV Ltd., Annual General Meeting, May 27, 2024 Dafeng TV Ltd., Annual General Meeting, May 27, 2024. Location: 8F., No.207, Sec. 2 Zhonghua Rd., Tucheng Dist., New Taipei City Taipei Taiwan Agenda: To consider Reported matters 2023 Business report; To consider 2023 Financial statements Supervisor review report on the 2023 financial statements; To consider 2023 employee remuneration and directors remuneration distribution proposals. Announcement • Mar 05
Dafeng Tv Ltd. Announces Resignation of Hsieh,Ying-Ju as Chief Internal Auditor Dafeng TV Ltd. announced resignation of Hsieh,Ying-Ju as Chief internal auditor of the company, effective March 4, 2024. Reported Earnings • Aug 10
Second quarter 2023 earnings released: EPS: NT$1.05 (vs NT$0.91 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.05 (up from NT$0.91 in 2Q 2022). Revenue: NT$519.8m (up 4.1% from 2Q 2022). Net income: NT$156.1m (up 16% from 2Q 2022). Profit margin: 30% (up from 27% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 8% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Jun 13
Upcoming dividend of NT$3.00 per share at 5.6% yield Eligible shareholders must have bought the stock before 20 June 2023. Payment date: 14 July 2023. Payout ratio is on the higher end at 92%, however this is supported by cash flows. Trailing yield: 5.6%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.7%). Reported Earnings • Mar 14
Full year 2022 earnings released: EPS: NT$3.48 (vs NT$3.51 in FY 2021) Full year 2022 results: EPS: NT$3.48 (down from NT$3.51 in FY 2021). Revenue: NT$2.01b (flat on FY 2021). Net income: NT$515.8m (flat on FY 2021). Profit margin: 26% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 9% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 2 independent directors (4 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: NT$0.63 (vs NT$1.08 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.63 (down from NT$1.08 in 3Q 2021). Revenue: NT$502.5m (flat on 3Q 2021). Net income: NT$92.6m (down 42% from 3Q 2021). Profit margin: 18% (down from 32% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: NT$0.90 (vs NT$0.61 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.90 (up from NT$0.61 in 2Q 2021). Revenue: NT$499.4m (up 1.7% from 2Q 2021). Net income: NT$134.2m (up 48% from 2Q 2021). Profit margin: 27% (up from 19% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Buying Opportunity • Jul 07
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 2.5%. The fair value is estimated to be NT$59.75, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. Upcoming Dividend • Jun 30
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 76%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Lower than top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (5.1%). Buying Opportunity • May 12
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be NT$59.03, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 7.4%. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: NT$1.13 (vs NT$0.74 in 1Q 2021) First quarter 2022 results: EPS: NT$1.13 (up from NT$0.74 in 1Q 2021). Revenue: NT$495.0m (flat on 1Q 2021). Net income: NT$167.1m (up 52% from 1Q 2021). Profit margin: 34% (up from 22% in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 9% per year. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.61 (vs NT$0.68 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: NT$491.0m (flat on 2Q 2020). Net income: NT$90.9m (down 9.3% from 2Q 2020). Profit margin: 19% (down from 20% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 12
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 19 July 2021. Payment date: 12 August 2021. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (4.0%). Reported Earnings • Mar 19
Full year 2020 earnings released: EPS NT$3.38 (vs NT$3.39 in FY 2019) The company reported a mediocre full year result with flat earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.01b (flat on FY 2019). Net income: NT$501.2m (flat on FY 2019). Profit margin: 25% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Mar 03
New 90-day high: NT$43.20 The company is up 1.0% from its price of NT$42.85 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is flat over the same period. Is New 90 Day High Low • Jan 19
New 90-day high: NT$43.15 The company is up 5.0% from its price of NT$41.05 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 2.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS NT$1.28 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$493.8m (down 1.2% from 3Q 2019). Net income: NT$190.2m (up 19% from 3Q 2019). Profit margin: 39% (up from 32% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Nov 06
New 90-day high: NT$41.80 The company is up 2.0% from its price of NT$40.90 on 07 August 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is down 6.0% over the same period.