GTSM:6516

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Kingwaytek Technology

Executive Summary

Kingwaytek Technology Co., Ltd. produces electronic maps and develops GIS systems in Taiwan. More Details


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

6516IndustryMarket
7 Day-7.5%-3.4%0.8%
30 Day1.4%1.6%8.8%
90 Day0.4%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Ying Hong Ke
Chairman of the Board of Directors & President13yrsno datano data
Zhi Xuan Liu
Chief Technology Officer9yrsno datano data
Cheng Huang
Executive Vice President9yrsno datano data

9.0yrs

Average Tenure

Experienced Management: 6516's management team is seasoned and experienced (9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ying Hong Ke
Chairman of the Board of Directors & President13yrsno datano data
Shi Qin Li
Member of the Supervisory Board6.67yrsno datano data
Xue Hai Hu
Directorno datano datano data
Hong Mei Ke
Member of the Supervisory Board6.67yrsno datano data
Dao Jun Wei
Independent Directorno datano datano data
Nian Wen Cheng
Independent Directorno datano datano data
Zhi Liang Ye
Independent Directorno datano datano data
Huiqi Yang
Representative Director2yrsno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
6516GTSM (Taipei Exchange)YesCommon StockTWTWDJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 08:48
End of Day Share Price2021/01/15 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.