GTSM:6650

Stock Analysis Report

Art Emperor Technology & Culture

Executive Summary

Art Emperor Technology & Culture Co., Ltd operates an art information Website in Taiwan.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Art Emperor Technology & Culture's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6650 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-5.6%

6650

13.6%

TW Online Retail

-0.4%

TW Market


1 Year Return

29.9%

6650

18.0%

TW Online Retail

12.7%

TW Market

Return vs Industry: 6650 exceeded the TW Online Retail industry which returned 16.6% over the past year.

Return vs Market: 6650 exceeded the TW Market which returned 13.5% over the past year.


Shareholder returns

6650IndustryMarket
7 Day-5.6%13.6%-0.4%
30 Day-8.3%18.2%-3.2%
90 Day-2.6%17.3%1.4%
1 Year41.4%29.9%22.4%18.0%17.7%12.7%
3 Yearn/a39.1%27.5%33.3%18.1%
5 Yearn/a-6.7%-19.5%47.6%21.2%

Price Volatility Vs. Market

How volatile is Art Emperor Technology & Culture's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Art Emperor Technology & Culture undervalued compared to its fair value and its price relative to the market?

25.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 6650 (NT$34.93) is trading above our estimate of fair value (NT$18.02)

Significantly Below Fair Value: 6650 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 6650 is good value based on its PE Ratio (25.1x) compared to the Online Retail industry average (25.7x).

PE vs Market: 6650 is poor value based on its PE Ratio (25.1x) compared to the TW market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 6650's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6650 is overvalued based on its PB Ratio (3x) compared to the TW Online Retail industry average (2.2x).


Next Steps

Future Growth

How is Art Emperor Technology & Culture forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

41.6%

Forecasted Retail 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 Art Emperor Technology & Culture 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.


Next Steps

Past Performance

How has Art Emperor Technology & Culture performed over the past 5 years?

18.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6650 has a high level of non-cash earnings.

Growing Profit Margin: 6650's current net profit margins (16.7%) are lower than last year (22.5%).


Past Earnings Growth Analysis

Earnings Trend: 6650's earnings have grown by 18% per year over the past 5 years.

Accelerating Growth: 6650's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 6650 had negative earnings growth (-61.2%) over the past year, making it difficult to compare to the Online Retail industry average (-24.2%).


Return on Equity

High ROE: 6650's Return on Equity (11.9%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Art Emperor Technology & Culture's financial position?


Financial Position Analysis

Short Term Liabilities: 6650's short term assets (NT$256.9M) exceed its short term liabilities (NT$91.6M).

Long Term Liabilities: 6650's short term assets (NT$256.9M) exceed its long term liabilities (NT$5.0M).


Debt to Equity History and Analysis

Debt Level: 6650's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 6650's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 6650's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 6650's interest payments on its debt are well covered by EBIT (118.6x coverage).


Balance Sheet

Inventory Level: 6650 has a high level of physical assets or inventory.

Debt Coverage by Assets: 6650's debt is covered by short term assets (assets are 805.2x debt).


Next Steps

Dividend

What is Art Emperor Technology & Culture's current dividend yield, its reliability and sustainability?

5.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 6650's dividend (5.73%) is higher than the bottom 25% of dividend payers in the TW market (2.63%).

High Dividend: 6650's dividend (5.73%) is low compared to the top 25% of dividend payers in the TW market (5.99%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 6650 has been paying a dividend for less than 10 years.

Growing Dividend: 6650's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (143.5%), 6650's dividend payments are not well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Art Emperor Technology & Culture has no CEO, or we have no data on them.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Art Emperor Technology & Culture Co., Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Art Emperor Technology & Culture Co., Ltd
  • Ticker: 6650
  • Exchange: GTSM
  • Founded:
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: NT$536.672m
  • Shares outstanding: 15.36m
  • Website: https://www.artemperor.tw

Number of Employees


Location

  • Art Emperor Technology & Culture Co., Ltd
  • No. 297, Tiding Boulevard
  • 6th Floor
  • Taipei City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6650GTSM (Taipei Exchange)YesOrdinary SharesTWTWDSep 2017

Biography

Art Emperor Technology & Culture Co., Ltd operates an art information Website in Taiwan. Its Website allows access art information; and offers art auction services, as well as TODAAY art, a platform for publishing for new artists. The company also offers art e-commerce and art advertising services. The company is based in Taipei City, Taiwan. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 16:49
End of Day Share Price2020/02/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.