Welgene Biotech Co.,Ltd. provides clinical testing services. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Welgene BiotechLtd's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6661 has not had significant price volatility in the past 3 months.
7 Day Return
TW Life Sciences
1 Year Return
TW Life Sciences
Return vs Industry: 6661 underperformed the TW Life Sciences industry which returned 80.3% over the past year.
Return vs Market: 6661 exceeded the TW Market which returned 14.2% over the past year.
Price Volatility Vs. Market
How volatile is Welgene BiotechLtd's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StIs Welgene Biotech Co.,Ltd.'s (GTSM:6661) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
1 month ago | Simply Wall StTake Care Before Diving Into The Deep End On Welgene Biotech Co.,Ltd. (GTSM:6661)
2 months ago | Simply Wall StIs Welgene Biotech Co.,Ltd. (GTSM:6661) A Great Dividend Stock?
Is Welgene BiotechLtd undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6661 (NT$34.5) is trading above our estimate of fair value (NT$24.94)
Significantly Below Fair Value: 6661 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6661 is good value based on its PE Ratio (20.9x) compared to the XA Life Sciences industry average (62.9x).
PE vs Market: 6661 is poor value based on its PE Ratio (20.9x) compared to the TW market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6661's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6661 is good value based on its PB Ratio (3.1x) compared to the XA Life Sciences industry average (4.4x).
How is Welgene BiotechLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Pharmaceuticals & Biotech industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Welgene BiotechLtd has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine Welgene BiotechLtd's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Pharmaceuticals & Biotech industry.
How has Welgene BiotechLtd performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6661 has high quality earnings.
Growing Profit Margin: 6661's current net profit margins (7.6%) are lower than last year (9.2%).
Past Earnings Growth Analysis
Earnings Trend: 6661's earnings have grown significantly by 23.8% per year over the past 5 years.
Accelerating Growth: 6661's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6661 had negative earnings growth (-0.2%) over the past year, making it difficult to compare to the Life Sciences industry average (17.7%).
Return on Equity
High ROE: 6661's Return on Equity (14.6%) is considered low.
How is Welgene BiotechLtd's financial position?
Financial Position Analysis
Short Term Liabilities: 6661's short term assets (NT$285.3M) exceed its short term liabilities (NT$134.2M).
Long Term Liabilities: 6661's short term assets (NT$285.3M) exceed its long term liabilities (NT$17.1M).
Debt to Equity History and Analysis
Debt Level: 6661's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: 6661's debt to equity ratio has reduced from 24% to 2.6% over the past 5 years.
Debt Coverage: 6661's debt is well covered by operating cash flow (1037.9%).
Interest Coverage: 6661's interest payments on its debt are well covered by EBIT (170.6x coverage).
What is Welgene BiotechLtd current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6661's dividend (3.89%) is higher than the bottom 25% of dividend payers in the TW market (2.22%).
High Dividend: 6661's dividend (3.89%) is low compared to the top 25% of dividend payers in the TW market (5.48%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 6661 has been paying a dividend for less than 10 years.
Growing Dividend: 6661's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (81.4%), 6661's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Welgene BiotechLtd has no CEO, or we have no data on them.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Welgene Biotech Co.,Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Welgene Biotech Co.,Ltd.
- Ticker: 6661
- Exchange: GTSM
- Founded: 2003
- Industry: Life Sciences Tools and Services
- Sector: Pharmaceuticals & Biotech
- Market Cap: NT$714.297m
- Shares outstanding: 20.70m
- Website: https://www.welgene.com.tw
- Welgene Biotech Co.,Ltd.
- No. 3, Yuanyuan Street
- 12th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|6661||GTSM (Taipei Exchange)||Yes||Ordinary Shars||TW||TWD||Oct 2017|
Welgene Biotech Co.,Ltd. provides clinical testing services. The company offers research services, including sequencing, microarray, quantitative PCR verification, nucleic acid extraction/QC, LCM single ce ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/26 15:33|
|End of Day Share Price||2020/10/26 00:00|
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.