Sino Horizon Holdings Limited

TWSE:2923 Stock Report

Market Cap: NT$43.1b

Sino Horizon Holdings Past Earnings Performance

Past criteria checks 4/6

Sino Horizon Holdings's earnings have been declining at an average annual rate of -11.1%, while the Real Estate industry saw earnings growing at 6.3% annually. Revenues have been growing at an average rate of 5.7% per year. Sino Horizon Holdings's return on equity is 1.4%, and it has net margins of 6%.

Key information

-11.1%

Earnings growth rate

-11.1%

EPS growth rate

Real Estate Industry Growth6.0%
Revenue growth rate5.7%
Return on equity1.4%
Net Margin6.0%
Last Earnings Update30 Sep 2024

Recent past performance updates

Statutory Profit Doesn't Reflect How Good Sino Horizon Holdings' (TWSE:2923) Earnings Are

Nov 21
Statutory Profit Doesn't Reflect How Good Sino Horizon Holdings' (TWSE:2923) Earnings Are

Recent updates

Statutory Profit Doesn't Reflect How Good Sino Horizon Holdings' (TWSE:2923) Earnings Are

Nov 21
Statutory Profit Doesn't Reflect How Good Sino Horizon Holdings' (TWSE:2923) Earnings Are

Sino Horizon Holdings Limited's (TWSE:2923) Share Price Not Quite Adding Up

Sep 20
Sino Horizon Holdings Limited's (TWSE:2923) Share Price Not Quite Adding Up

There's Reason For Concern Over Sino Horizon Holdings Limited's (TWSE:2923) Massive 39% Price Jump

May 21
There's Reason For Concern Over Sino Horizon Holdings Limited's (TWSE:2923) Massive 39% Price Jump

Some Shareholders Feeling Restless Over Sino Horizon Holdings Limited's (TWSE:2923) P/S Ratio

Mar 12
Some Shareholders Feeling Restless Over Sino Horizon Holdings Limited's (TWSE:2923) P/S Ratio

These 4 Measures Indicate That Sino Horizon Holdings (TPE:2923) Is Using Debt Extensively

Apr 06
These 4 Measures Indicate That Sino Horizon Holdings (TPE:2923) Is Using Debt Extensively

Sino Horizon Holdings Limited's (TPE:2923) 36% Price Boost Is Out Of Tune With Earnings

Mar 16
Sino Horizon Holdings Limited's (TPE:2923) 36% Price Boost Is Out Of Tune With Earnings

Shareholders Of Sino Horizon Holdings (TPE:2923) Must Be Happy With Their 88% Return

Jan 21
Shareholders Of Sino Horizon Holdings (TPE:2923) Must Be Happy With Their 88% Return

We Think Sino Horizon Holdings (TPE:2923) Is Taking Some Risk With Its Debt

Dec 17
We Think Sino Horizon Holdings (TPE:2923) Is Taking Some Risk With Its Debt

Revenue & Expenses Breakdown

How Sino Horizon Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2923 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2411,9267155520
30 Jun 2412,4027485670
31 Mar 2412,2918375710
31 Dec 2311,7335656040
30 Sep 239,579286260
30 Jun 236,999-4725290
31 Mar 236,671-4724900
31 Dec 229,2225936010
30 Sep 228,1236446110
30 Jun 228,6939286750
31 Mar 229,6261,8437810
31 Dec 214,8031,1716550
30 Sep 215,7231,6927380
30 Jun 2111,3742,9608650
31 Mar 2113,6052,3708720
31 Dec 2013,4201,1777630
30 Sep 2012,853-735790
30 Jun 207,054-8464010
31 Mar 205,737-3803650
31 Dec 195,7374187720
30 Sep 198,5522,2878260
30 Jun 198,4181,9808440
31 Mar 197,1782,1878160
31 Dec 186,9291,6663900
30 Sep 182,6533733190
30 Jun 183,0944353060
31 Mar 183,290-4203080
31 Dec 173,702-553610
30 Sep 176,3349495240
30 Jun 176,2801,0855240
31 Mar 176,6522,2685510
31 Dec 167,4532,4015820
30 Sep 167,5672,9096350
30 Jun 1610,9703,4367750
31 Mar 1611,5423,2558250
31 Dec 1512,7853,4738580
30 Sep 1513,4533,0878330
30 Jun 1510,2513,8047230
31 Mar 159,6793,2207030
31 Dec 147,6872,8996440
30 Sep 148,6584,1367250
30 Jun 1410,3743,1027640
31 Mar 1410,5823,1837450
31 Dec 1310,7673,1427600

Quality Earnings: 2923 has high quality earnings.

Growing Profit Margin: 2923's current net profit margins (6%) are higher than last year (0.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2923's earnings have declined by 11.1% per year over the past 5 years.

Accelerating Growth: 2923's earnings growth over the past year (2438.1%) exceeds its 5-year average (-11.1% per year).

Earnings vs Industry: 2923 earnings growth over the past year (2438.1%) exceeded the Real Estate industry 52%.


Return on Equity

High ROE: 2923's Return on Equity (1.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:43
End of Day Share Price 2024/12/20 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

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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

Sino Horizon Holdings Limited is covered by 1 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
Li-chun ChangJih Sun Securities Investment Consulting Co., Ltd.