Tidehold Development Co., Ltd.

TWSE:9902 Stock Report

Market Cap: NT$1.5b

Tidehold Development Past Earnings Performance

Past criteria checks 3/6

Tidehold Development's earnings have been declining at an average annual rate of -3.1%, while the Retail Distributors industry saw earnings growing at 2.1% annually. Revenues have been declining at an average rate of 3.1% per year. Tidehold Development's return on equity is 6.1%, and it has net margins of 21.6%.

Key information

-3.1%

Earnings growth rate

-3.1%

EPS growth rate

Retail Distributors Industry Growth14.6%
Revenue growth rate-3.1%
Return on equity6.1%
Net Margin21.6%
Last Earnings Update30 Sep 2024

Recent past performance updates

Tidehold Development's (TWSE:9902) Promising Earnings May Rest On Soft Foundations

Nov 21
Tidehold Development's (TWSE:9902) Promising Earnings May Rest On Soft Foundations

There May Be Underlying Issues With The Quality Of Tidehold Development's (TWSE:9902) Earnings

May 21
There May Be Underlying Issues With The Quality Of Tidehold Development's (TWSE:9902) Earnings

Recent updates

Tidehold Development's (TWSE:9902) Promising Earnings May Rest On Soft Foundations

Nov 21
Tidehold Development's (TWSE:9902) Promising Earnings May Rest On Soft Foundations

There's Reason For Concern Over Tidehold Development Co., Ltd.'s (TWSE:9902) Massive 25% Price Jump

Jul 16
There's Reason For Concern Over Tidehold Development Co., Ltd.'s (TWSE:9902) Massive 25% Price Jump

There May Be Underlying Issues With The Quality Of Tidehold Development's (TWSE:9902) Earnings

May 21
There May Be Underlying Issues With The Quality Of Tidehold Development's (TWSE:9902) Earnings

Should Tidehold Development Co., Ltd. (TPE:9902) Be Part Of Your Income Portfolio?

Feb 25
Should Tidehold Development Co., Ltd. (TPE:9902) Be Part Of Your Income Portfolio?

Estimating The Intrinsic Value Of Tidehold Development Co., Ltd. (TPE:9902)

Dec 17
Estimating The Intrinsic Value Of Tidehold Development Co., Ltd. (TPE:9902)

Revenue & Expenses Breakdown

How Tidehold Development makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

TWSE:9902 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2436178330
30 Jun 2439172330
31 Mar 2439657320
31 Dec 2329231300
30 Sep 2320421300
30 Jun 2318714300
31 Mar 23195-39320
31 Dec 22172-49320
30 Sep 22242-42330
30 Jun 22266-28330
31 Mar 22378109420
31 Dec 21424113420
30 Sep 21429114440
30 Jun 21449107440
31 Mar 2141232340
31 Dec 2043232330
30 Sep 2042126330
30 Jun 2039833320
31 Mar 2032321310
31 Dec 1926432310
30 Sep 1918041310
30 Jun 1916534300
31 Mar 1914231310
31 Dec 1813812310
30 Sep 18862280
30 Jun 18710270
31 Mar 18822260
31 Dec 17671250
30 Sep 1782-3250
30 Jun 1774-1260
31 Mar 17690250
31 Dec 16834250
30 Sep 16684270
30 Jun 168222260
31 Mar 169319260
31 Dec 1510411280
30 Sep 1513829250
30 Jun 1517812260
31 Mar 1517313260
31 Dec 1415313240
30 Sep 14132-10260
30 Jun 1478-6250
31 Mar 14135-6250
31 Dec 13166154270

Quality Earnings: 9902 has a large one-off gain of NT$52.7M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: 9902's current net profit margins (21.6%) are higher than last year (10.2%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 9902's earnings have declined by 3.1% per year over the past 5 years.

Accelerating Growth: 9902's earnings growth over the past year (273.9%) exceeds its 5-year average (-3.1% per year).

Earnings vs Industry: 9902 earnings growth over the past year (273.9%) exceeded the Retail Distributors industry 36.7%.

Return on Equity

High ROE: 9902's Return on Equity (6.1%) 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 Analysis2024/12/20 16:34
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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

Tidehold Development Co., Ltd. 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
Kenji SakaiMizuho Securities Co., Ltd.