Daito Me Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Daito Me Holdings has a total shareholder equity of NT$628.5M and total debt of NT$420.6M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are NT$1.4B and NT$767.4M respectively.

Key information

66.9%

Debt to equity ratio

NT$420.56m

Debt

Interest coverage ratio	n/a
Cash	NT$302.35m
Equity	NT$628.47m
Total liabilities	NT$767.37m
Total assets	NT$1.40b

Recent financial health updates

Would Daito Me Holdings (GTSM:8455) Be Better Off With Less Debt?

Feb 25

Recent updates

Financial Position Analysis

Short Term Liabilities: 8455's short term assets (NT$743.3M) exceed its short term liabilities (NT$610.3M).

Long Term Liabilities: 8455's short term assets (NT$743.3M) exceed its long term liabilities (NT$157.1M).

Debt to Equity History and Analysis

Debt Level: 8455's net debt to equity ratio (18.8%) is considered satisfactory.

Reducing Debt: 8455's debt to equity ratio has reduced from 83.2% to 66.9% over the past 5 years.

Debt Coverage: 8455's debt is not well covered by operating cash flow (14.3%).

Interest Coverage: Insufficient data to determine if 8455's interest payments on its debt are well covered by EBIT.

Daito Me Holdings Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Would Daito Me Holdings (GTSM:8455) Be Better Off With Less Debt?

Recent updates

Third quarter 2024 earnings released: NT$0.18 loss per share (vs NT$0.15 loss in 3Q 2023)

Second quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.084 profit in 2Q 2023)

Now 20% undervalued after recent price drop

Now 23% undervalued

Daito Me Holdings Co., Ltd to Report Q2, 2024 Results on Aug 08, 2024

Now 20% undervalued

Daito Me Holdings Co., Ltd Announces Changes to Audit Committee

Daito Me Holdings Co., Ltd Announces Changes to Remuneration Committee

First quarter 2024 earnings released: EPS: NT$0.03 (vs NT$0.13 in 1Q 2023)

Full year 2023 earnings released: NT$0.06 loss per share (vs NT$0.42 profit in FY 2022)

Daito Me Holdings Co., Ltd, Annual General Meeting, Jun 19, 2024

New minor risk - Share price stability

Upcoming dividend of NT$0.12 per share at 0.6% yield

Third quarter 2023 earnings released: NT$0.15 loss per share (vs NT$0.003 profit in 3Q 2022)

Daito Me Holdings Co., Ltd Declares Cash Dividend, Payable on December 25, 2023

Second quarter 2023 earnings released: EPS: NT$0.09 (vs NT$0.14 in 2Q 2022)

Third quarter 2022 earnings released: EPS: NT$0.003 (vs NT$0.39 in 3Q 2021)

Insufficient new directors

Insufficient new directors

Second quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.18 in 2Q 2021)

Insufficient new directors

Insufficient new directors

Investor sentiment deteriorated over the past week

First quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.069 in 1Q 2021)

Full year 2021 earnings released: EPS: NT$1.00 (vs NT$0.059 loss in FY 2020)

Investor sentiment improved over the past week

Third quarter 2021 earnings released: EPS NT$0.39 (vs NT$0.12 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS NT$0.18 (vs NT$0.075 in 2Q 2020)

Accounting Manager Kenji Okumura has left the company

First quarter 2021 earnings released: EPS NT$0.07 (vs NT$0.14 in 1Q 2020)

Estimating The Intrinsic Value Of Daito Me Holdings Co., Ltd (GTSM:8455)

Full year 2020 earnings released: NT$0.06 loss per share (vs NT$2.56 profit in FY 2019)

Would Daito Me Holdings (GTSM:8455) Be Better Off With Less Debt?

New 90-day low: NT$18.45

Estimating The Fair Value Of Daito Me Holdings Co., Ltd (GTSM:8455)

New 90-day high: NT$21.60

Third quarter 2020 earnings released: NT$0.12 loss per share

New 90-day low: NT$18.95

First half earnings released

New 90-day low - NT$19.25

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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