TSEC:1439

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Chuwa Wool Industry (Taiwan)

Executive Summary

Chuwa Wool Industry Co., (Taiwan) Ltd., an investment holding company, engages in trading wool related products in Taiwan, Japan, Korea, Malaysia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Chuwa Wool Industry (Taiwan)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1439 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1439's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

-1.7%

1439

-1.1%

TW Retail Distributors

-0.1%

TW Market


1 Year Return

-22.3%

1439

16.0%

TW Retail Distributors

41.5%

TW Market

Return vs Industry: 1439 underperformed the TW Retail Distributors industry which returned 16% over the past year.

Return vs Market: 1439 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

1439IndustryMarket
7 Day-1.7%-1.1%-0.1%
30 Day3.6%4.6%5.6%
90 Day-7.7%-0.8%15.0%
1 Year-11.2%-22.3%21.3%16.0%46.5%41.5%
3 Year25.1%9.4%19.3%5.9%67.1%48.2%
5 Year137.8%95.9%64.9%33.0%123.0%83.7%

Long-Term Price Volatility Vs. Market

How volatile is Chuwa Wool Industry (Taiwan)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Chuwa Wool Industry (Taiwan) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1439 (NT$26.25) is trading below our estimate of fair value (NT$68.52)

Significantly Below Fair Value: 1439 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1439 is poor value based on its PE Ratio (60x) compared to the TW Retail Distributors industry average (18x).

PE vs Market: 1439 is poor value based on its PE Ratio (60x) compared to the TW market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1439's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1439 is good value based on its PB Ratio (1.1x) compared to the TW Retail Distributors industry average (1.4x).


Next Steps

Future Growth

How is Chuwa Wool Industry (Taiwan) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.1%

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 Chuwa Wool Industry (Taiwan) 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 Chuwa Wool Industry (Taiwan) performed over the past 5 years?

63.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1439 has high quality earnings.

Growing Profit Margin: 1439's current net profit margins (32.4%) are lower than last year .


Past Earnings Growth Analysis

Earnings Trend: 1439's earnings have grown significantly by 63.5% per year over the past 5 years.

Accelerating Growth: 1439's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1439 had negative earnings growth (-95.5%) over the past year, making it difficult to compare to the Retail Distributors industry average (-23.2%).


Return on Equity

High ROE: 1439's Return on Equity (1.8%) is considered low.


Next Steps

Financial Health

How is Chuwa Wool Industry (Taiwan)'s financial position?


Financial Position Analysis

Short Term Liabilities: 1439's short term assets (NT$1.5B) exceed its short term liabilities (NT$14.5M).

Long Term Liabilities: 1439's short term assets (NT$1.5B) exceed its long term liabilities (NT$433.0K).


Debt to Equity History and Analysis

Debt Level: 1439 is debt free.

Reducing Debt: 1439 has not had any debt for past 5 years.

Debt Coverage: 1439 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1439 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Chuwa Wool Industry (Taiwan) current dividend yield, its reliability and sustainability?

19.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1439's dividend (19.05%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 1439's dividend (19.05%) is in the top 25% of dividend payers in the TW market (4.97%)


Stability and Growth of Payments

Stable Dividend: 1439 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1439's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (1143.3%), 1439'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?

3.0yrs

Average management tenure


CEO

Xianwen Liu

1.17yrs

Tenure


Leadership Team

NamePositionTenureCompensationOwnership
Xianwen Liu
General Manager1.17yrsno datano data
Chung-Wei Chiang
AVP of Finance & Accounting Department2.92yrsno datano data
Jia-Hao Zhong
AVP of Investment Department3yrsno datano data
Shao-Hua Cai
AVP of Administration & Sales Department3yrsno datano data

3.0yrs

Average Tenure

Experienced Management: 1439's management team is considered experienced (3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hung-Mao Tien
Independent Director2.75yrsNT$525.00kno data
Ryh-Yan Chang
Director3yrsNT$395.00kno data
Yang Sun
Director3yrsNT$395.00kno data
Chung-Jung Hsu
Supervisor3yrsno datano data
Hung-Ching Lee
Independent Director2.75yrsNT$525.00kno data
Hsiu-Yuan Lin
Supervisor3yrsno datano data
Jiaqi Hou
Chairman1.08yrsno datano data

3.0yrs

Average Tenure

Experienced Board: 1439's board of directors are considered experienced (3 years average tenure).


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

Chuwa Wool Industry Co., (Taiwan) Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Chuwa Wool Industry Co., (Taiwan) Ltd.
  • Ticker: 1439
  • Exchange: TSEC
  • Founded: 1964
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: NT$2.420b
  • Shares outstanding: 92.00m
  • Website: https://www.chuwa.com.tw

Number of Employees


Location

  • Chuwa Wool Industry Co., (Taiwan) Ltd.
  • No.557-1, Zhongxiao East Road
  • 19th Floor
  • Taipei
  • 11072
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1439TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDJan 1992

Biography

Chuwa Wool Industry Co., (Taiwan) Ltd., an investment holding company, engages in trading wool related products in Taiwan, Japan, Korea, Malaysia, and internationally. The company operates through two segm...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:44
End of Day Share Price2021/03/04 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.