TSEC:2430

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Tsann Kuen EnterpriseLtd

Executive Summary

Tsann Kuen Enterprise Co., Ltd., through its subsidiaries, engages in the manufacture and sale of electrical and electronic household appliances in Taiwan and internationally. More Details


Snowflake Analysis

Excellent balance sheet with proven track record.


Similar Companies

Share Price & News

How has Tsann Kuen EnterpriseLtd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2430 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 2430's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

0.5%

2430

-0.04%

TW Specialty Retail

-0.1%

TW Market


1 Year Return

29.6%

2430

-1.1%

TW Specialty Retail

41.5%

TW Market

Return vs Industry: 2430 exceeded the TW Specialty Retail industry which returned -1.1% over the past year.

Return vs Market: 2430 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

2430IndustryMarket
7 Day0.5%-0.04%-0.1%
30 Day5.4%5.6%5.6%
90 Day7.9%-4.8%15.0%
1 Year36.7%29.6%1.2%-1.1%46.5%41.5%
3 Year3.1%-11.6%77.4%59.7%67.1%48.2%
5 Year12.6%-14.0%88.7%58.1%123.0%83.7%

Long-Term Price Volatility Vs. Market

How volatile is Tsann Kuen EnterpriseLtd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tsann Kuen EnterpriseLtd undervalued compared to its fair value and its price relative to the market?

13.24x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 2430 (NT$20.6) is trading above our estimate of fair value (NT$9.9)

Significantly Below Fair Value: 2430 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 2430 is good value based on its PE Ratio (13.2x) compared to the TW Specialty Retail industry average (16.8x).

PE vs Market: 2430 is good value based on its PE Ratio (13.2x) compared to the TW market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2430's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2430 is good value based on its PB Ratio (0.7x) compared to the TW Specialty Retail industry average (1.9x).


Next Steps

Future Growth

How is Tsann Kuen EnterpriseLtd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.7%

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 Tsann Kuen EnterpriseLtd 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 Tsann Kuen EnterpriseLtd performed over the past 5 years?

-16.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2430 has high quality earnings.

Growing Profit Margin: 2430's current net profit margins (1.4%) are higher than last year (0.8%).


Past Earnings Growth Analysis

Earnings Trend: 2430's earnings have declined by 16.2% per year over the past 5 years.

Accelerating Growth: 2430's earnings growth over the past year (57.4%) exceeds its 5-year average (-16.2% per year).

Earnings vs Industry: 2430 earnings growth over the past year (57.4%) exceeded the Specialty Retail industry 18.1%.


Return on Equity

High ROE: 2430's Return on Equity (5.5%) is considered low.


Next Steps

Financial Health

How is Tsann Kuen EnterpriseLtd's financial position?


Financial Position Analysis

Short Term Liabilities: 2430's short term assets (NT$4.6B) do not cover its short term liabilities (NT$5.1B).

Long Term Liabilities: 2430's short term assets (NT$4.6B) exceed its long term liabilities (NT$3.9B).


Debt to Equity History and Analysis

Debt Level: 2430's debt to equity ratio (0.08%) is considered satisfactory.

Reducing Debt: 2430's debt to equity ratio has reduced from 3.9% to 0.08% over the past 5 years.

Debt Coverage: 2430's debt is well covered by operating cash flow (1194.2%).

Interest Coverage: 2430's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Tsann Kuen EnterpriseLtd current dividend yield, its reliability and sustainability?

4.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2430's dividend (4.85%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 2430's dividend (4.85%) is low compared to the top 25% of dividend payers in the TW market (4.97%).


Stability and Growth of Payments

Stable Dividend: 2430's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2430's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64.3%), 2430's dividend 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.


Next Steps

Management

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

12.8yrs

Average board tenure


CEO

Tsann Kuen EnterpriseLtd has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Jun Jie Yan
General Manager and Chairman of the Boardno datano datano data
Tang Qiongshan
General Manager and Director12.83yrsno datano data
Xing Zhuang
Director12.83yrsNT$150.16kno data
Yanjun Chen
Director12.83yrsno datano data
De Jian
Chairman12.83yrsNT$68.82kno data
Xu Rentang
Independent Director12.83yrsno datano data
Xiaoping Ge
Independent Director12.83yrsno datano data
Wei Ren Diao
Supervisor12.67yrsNT$417.12kno data
Lu Jianxin
Independent Director12.83yrsno datano data
Hao Lee
Independent Directorno datano datano data
Qiu Zhen Hong
Independent Directorno datano datano data
Shui Mao Lin
Independent Directorno datano datano data

12.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 2430's board of directors are seasoned and experienced ( 12.8 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

Tsann Kuen Enterprise Co.,Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tsann Kuen Enterprise Co.,Ltd
  • Ticker: 2430
  • Exchange: TSEC
  • Founded: 1978
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: NT$3.454b
  • Shares outstanding: 166.47m
  • Website: https://www.tsannkuen.com

Location

  • Tsann Kuen Enterprise Co.,Ltd
  • No 331 Section 1 Tiding Boulevard
  • Nei-Hu District
  • Taipei
  • 114
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2430TSEC (Taiwan Stock Exchange)YesCommon SharesTWTWDAug 1999

Biography

Tsann Kuen Enterprise Co., Ltd., through its subsidiaries, engages in the manufacture and sale of electrical and electronic household appliances in Taiwan and internationally. The company primarily offers ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:36
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.