TSEC:2450

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Senao International

Executive Summary

Senao International Co., Ltd. sells and distributes mobile devices and accessories primarily in Taiwan and mainland China. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Senao International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2450 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 2450's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

0.3%

2450

-0.04%

TW Specialty Retail

-0.1%

TW Market


1 Year Return

3.5%

2450

-1.1%

TW Specialty Retail

41.5%

TW Market

Return vs Industry: 2450 exceeded the TW Specialty Retail industry which returned -1.1% over the past year.

Return vs Market: 2450 underperformed the TW Market which returned 41.5% over the past year.


Shareholder returns

2450IndustryMarket
7 Day0.3%-0.04%-0.1%
30 Day6.1%5.6%5.6%
90 Day12.9%-4.8%15.0%
1 Year8.6%3.5%1.2%-1.1%46.5%41.5%
3 Year-26.0%-36.9%77.4%59.7%67.1%48.2%
5 Year-0.3%-25.1%88.7%58.1%123.0%83.7%

Long-Term Price Volatility Vs. Market

How volatile is Senao International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Senao International undervalued compared to its fair value and its price relative to the market?

38.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2450 (NT$32.85) is trading below our estimate of fair value (NT$53.28)

Significantly Below Fair Value: 2450 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2450 is poor value based on its PE Ratio (19.4x) compared to the TW Specialty Retail industry average (16.8x).

PE vs Market: 2450's PE Ratio (19.4x) is in line with the TW market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2450's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2450 is good value based on its PB Ratio (1.4x) compared to the TW Specialty Retail industry average (1.9x).


Next Steps

Future Growth

How is Senao International 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 Senao International 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 Senao International performed over the past 5 years?

-22.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2450 has high quality earnings.

Growing Profit Margin: 2450's current net profit margins (1.6%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: 2450's earnings have declined by 22.2% per year over the past 5 years.

Accelerating Growth: 2450's earnings growth over the past year (6.2%) exceeds its 5-year average (-22.2% per year).

Earnings vs Industry: 2450 earnings growth over the past year (6.2%) underperformed the Specialty Retail industry 18.1%.


Return on Equity

High ROE: 2450's Return on Equity (7.4%) is considered low.


Next Steps

Financial Health

How is Senao International's financial position?


Financial Position Analysis

Short Term Liabilities: 2450's short term assets (NT$6.8B) exceed its short term liabilities (NT$3.8B).

Long Term Liabilities: 2450's short term assets (NT$6.8B) exceed its long term liabilities (NT$415.7M).


Debt to Equity History and Analysis

Debt Level: 2450 is debt free.

Reducing Debt: 2450 had no debt 5 years ago.

Debt Coverage: 2450 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 2450 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Senao International current dividend yield, its reliability and sustainability?

4.41%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2450's dividend (4.41%) is higher than the bottom 25% of dividend payers in the TW market (1.98%).

High Dividend: 2450's dividend (4.41%) is low compared to the top 25% of dividend payers in the TW market (4.97%).


Stability and Growth of Payments

Stable Dividend: 2450's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2450's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (85.7%), 2450'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.


Next Steps

Management

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

4.1yrs

Average management tenure


CEO

Pao-Yung Lin

13.92yrs

Tenure

Mr. Pao-Yung Lin serves as Vice-Chairman of the Board at Senao International Co., Ltd. since June 27, 2016 and serves as its President since April 12, 2007. Mr. Lin serves as a Director of Senao Networks, ...


Leadership Team

NamePositionTenureCompensationOwnership
Pao-Yung Lin
President & Vice Chairman13.92yrsno datano data
Ching-Shou Lin
Chief Financial Officer3.75yrsno datano data
Tsai-Hung Yu
Vice President of Accounting Managerno datano datano data
Cheng-Feng Lin
Special Assistant & Director7.83yrsno datano data
Chih-Chung Chiu
Chief Strategy Officer14.83yrsno datano data
Chi-Hung Liao
Vice Presidentno datano datano data
Wu-Hsiung Huang
Vice Presidentno datano datano data
Ching-Lang Chang
Vice Presidentno datano datano data
Tien-Hung Chang
President of Business Groupno datano datano data
Shih-Hsiang Chen
Business Group President1.58yrsno datano data
Xie Shu En
President of Integrated Marketing Division 4.5yrsno datano data
Kuan-Heng Lai
Finance Department Manager & Company Secretary1.92yrsno datano data

4.1yrs

Average Tenure

Experienced Management: 2450's management team is considered experienced (4.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pao-Yung Lin
President & Vice Chairman13.92yrsno datano data
Cheng-Feng Lin
Special Assistant & Director7.83yrsno datano data
Kung-Liang Yeh
Independent Director4.75yrsno datano data
Yung-Lin Su
Independent Director1.75yrsno data0.0047%
NT$ 406.4k
Chih-Cheng Chien
Representative Director0.17yrno datano data
Cheng-Kang Lin
Director7.25yrsno datano data
Chin-Lin Lai
Chairman of the Board4.33yrsno datano data
Wen-Tsan Wu
Independent Director1.75yrsno datano data
Yi-Fong Chang
Representative Director0.17yrno datano data
Wun-Jhih Lin
Representative Director0.17yrno datano data

3.0yrs

Average Tenure

Experienced Board: 2450'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

Senao International Co., Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Senao International Co., Ltd.
  • Ticker: 2450
  • Exchange: TSEC
  • Founded: 1979
  • Industry: Computer and Electronics Retail
  • Sector: Retail
  • Market Cap: NT$8.574b
  • Shares outstanding: 258.25m
  • Website: https://www.senao.com.tw

Location

  • Senao International Co., Ltd.
  • No. 531, Zhongzheng Road
  • 2nd Floor
  • New Taipei City
  • Taiwan

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2450TSEC (Taiwan Stock Exchange)YesCommon StockTWTWDMay 2001

Biography

Senao International Co., Ltd. sells and distributes mobile devices and accessories primarily in Taiwan and mainland China. It operates through Sales Department and Other Departments segments. The company i...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 08:45
End of Day Share Price2021/03/04 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.