Executive Summary
Kingwaytek Technology Co., Ltd. produces electronic maps and develops GIS systems in Taiwan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Share Price & News
How has Kingwaytek Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6516 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 6516's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-7.5%
6516
-3.4%
TW Software
0.8%
TW Market
1 Year Return
-23.7%
6516
-12.8%
TW Software
28.4%
TW Market
Return vs Industry: 6516 underperformed the TW Software industry which returned -12.8% over the past year.
Return vs Market: 6516 underperformed the TW Market which returned 28.4% over the past year.
Shareholder returns
| 6516 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.5% | -3.4% | 0.8% |
| 30 Day | 1.4% | 1.6% | 8.8% |
| 90 Day | 0.4% | 0.3% | 21.2% |
| 1 Year | -23.6%-23.7% | -9.8%-12.8% | 32.9%28.4% |
| 3 Year | -63.8%-63.9% | -1.3%-7.6% | 55.1%37.7% |
| 5 Year | -18.2%-18.4% | 17.1%4.2% | 139.0%97.0% |
Long-Term Price Volatility Vs. Market
How volatile is Kingwaytek Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Kingwaytek Technology's(GTSM:6516) Share Price Is Down 64% Over The Past Three Years.6 months ago | Simply Wall St
Did You Miss Kingwaytek Technology's (GTSM:6516) 73% Share Price Gain?9 months ago | Simply Wall St
If You Had Bought Kingwaytek Technology (GTSM:6516) Stock Three Years Ago, You'd Be Sitting On A 70% Loss, TodayValuation
Is Kingwaytek Technology 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: 6516 (NT$79.1) is trading below our estimate of fair value (NT$347.63)
Significantly Below Fair Value: 6516 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6516 is unprofitable, so we can't compare its PE Ratio to the TW Software industry average.
PE vs Market: 6516 is unprofitable, so we can't compare its PE Ratio to the TW market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6516's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6516 is overvalued based on its PB Ratio (3.3x) compared to the TW Software industry average (2.3x).
Next Steps
Future Growth
How is Kingwaytek Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
30.9%
Forecasted Software 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 Kingwaytek Technology 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
- Examine Kingwaytek Technology's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Software industry.
Past Performance
How has Kingwaytek Technology performed over the past 5 years?
-18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6516 is currently unprofitable.
Growing Profit Margin: 6516 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 6516 is unprofitable, and losses have increased over the past 5 years at a rate of 18% per year.
Accelerating Growth: Unable to compare 6516's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 6516 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (21.3%).
Return on Equity
High ROE: 6516 has a negative Return on Equity (-1.93%), as it is currently unprofitable.
Next Steps
Financial Health
How is Kingwaytek Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 6516's short term assets (NT$891.9M) exceed its short term liabilities (NT$85.8M).
Long Term Liabilities: 6516's short term assets (NT$891.9M) exceed its long term liabilities (NT$43.8M).
Debt to Equity History and Analysis
Debt Level: 6516 is debt free.
Reducing Debt: 6516 had no debt 5 years ago.
Debt Coverage: 6516 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6516 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Kingwaytek Technology current dividend yield, its reliability and sustainability?
0.08%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6516's dividend (0.08%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (2.06%).
High Dividend: 6516's dividend (0.08%) is low compared to the top 25% of dividend payers in the TW market (5.09%).
Stability and Growth of Payments
Stable Dividend: 6516 is not paying a notable dividend for the TW market, therefore no need to check if payments are stable.
Growing Dividend: 6516 is not paying a notable dividend for the TW market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6516 is not paying a notable dividend for the TW market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6516's dividend in 3 years as they are not forecast to pay a notable one for the TW market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.0yrs
Average management tenure
CEO
Ying Hong Ke
13yrs
Tenure
Mr. Ke Ying Hong serves as Chairman of the Board of Directors of Kingwaytek Technology Co., Ltd. and President since January 1, 2008. Mr. Ke serves as President of Qin wei Technology (shares) Co., Ltd. He ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors & President | 13yrs | no data | no data | |
| Chief Technology Officer | 9yrs | no data | no data | |
| Executive Vice President | 9yrs | no data | no data |
9.0yrs
Average Tenure
Experienced Management: 6516's management team is seasoned and experienced (9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board of Directors & President | 13yrs | no data | no data | |
| Member of the Supervisory Board | 6.67yrs | no data | no data | |
| Director | no data | no data | no data | |
| Member of the Supervisory Board | 6.67yrs | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Independent Director | no data | no data | no data | |
| Representative Director | 2yrs | no data | no data |
6.7yrs
Average Tenure
Experienced Board: 6516's board of directors are considered experienced (6.7 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
Kingwaytek Technology Co., Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Kingwaytek Technology Co., Ltd.
- Ticker: 6516
- Exchange: GTSM
- Founded: 2007
- Industry: Application Software
- Sector: Software
- Market Cap: NT$3.022b
- Shares outstanding: 38.20m
- Website: https://www.kingwaytek.com
Number of Employees
Location
- Kingwaytek Technology Co., Ltd.
- No. 100, 2 Roosevelt Road
- 3rd Floor
- Taipei
- 100
- Taiwan
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6516 | GTSM (Taipei Exchange) | Yes | Common Stock | TW | TWD | Jan 2015 |
Biography
Kingwaytek Technology Co., Ltd. produces electronic maps and develops GIS systems in Taiwan. It offers telecommunications maps, 3D maps, and high-definition maps for self-driving cars; and Leke navigation ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 08:48 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.