Chenming Electronic Technology Corporation, an OEM/ODM manufacturer, engages in the production and sale of computer and server chassis, mobile device components, and related components. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Chenming Electronic Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3013 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 3013's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 3013 underperformed the TW Tech industry which returned 43.5% over the past year.
Return vs Market: 3013 underperformed the TW Market which returned 62% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Chenming Electronic Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHow Much Did Chenming Electronic Technology's(TPE:3013) Shareholders Earn From Share Price Movements Over The Last Three Years?
1 month ago | Simply Wall StWe Think Chenming Electronic Technology (TPE:3013) Can Manage Its Debt With Ease
Is Chenming Electronic Technology undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3013 (NT$15.9) is trading below our estimate of fair value (NT$121.8)
Significantly Below Fair Value: 3013 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3013 is poor value based on its PE Ratio (39.7x) compared to the TW Tech industry average (18.8x).
PE vs Market: 3013 is poor value based on its PE Ratio (39.7x) compared to the TW market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3013's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3013 is good value based on its PB Ratio (1x) compared to the TW Tech industry average (1.9x).
How is Chenming Electronic Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 Chenming Electronic 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.
How has Chenming Electronic Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3013 has high quality earnings.
Growing Profit Margin: 3013's current net profit margins (1%) are lower than last year (2.2%).
Past Earnings Growth Analysis
Earnings Trend: 3013's earnings have grown by 0.1% per year over the past 5 years.
Accelerating Growth: 3013's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3013 had negative earnings growth (-52.8%) over the past year, making it difficult to compare to the Tech industry average (15.4%).
Return on Equity
High ROE: 3013's Return on Equity (3.3%) is considered low.
How is Chenming Electronic Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 3013's short term assets (NT$3.2B) exceed its short term liabilities (NT$1.9B).
Long Term Liabilities: 3013's short term assets (NT$3.2B) exceed its long term liabilities (NT$636.4M).
Debt to Equity History and Analysis
Debt Level: 3013's debt to equity ratio (37.4%) is considered satisfactory.
Reducing Debt: 3013's debt to equity ratio has increased from 20.8% to 37.4% over the past 5 years.
Debt Coverage: 3013's debt is well covered by operating cash flow (52%).
Interest Coverage: 3013's interest payments on its debt are well covered by EBIT (21.7x coverage).
What is Chenming Electronic Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3013's dividend (1.89%) isn’t notable compared to the bottom 25% of dividend payers in the TW market (1.93%).
High Dividend: 3013's dividend (1.89%) is low compared to the top 25% of dividend payers in the TW market (4.77%).
Stability and Growth of Payments
Stable Dividend: 3013's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3013's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (74.9%), 3013's dividend 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chenming Electronic Technology has no CEO, or we have no data on them.
Experienced Board: 3013's board of directors are seasoned and experienced ( 15.8 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Chenming Electronic Technology Corporation's company bio, employee growth, exchange listings and data sources
- Name: Chenming Electronic Technology Corporation
- Ticker: 3013
- Exchange: TSEC
- Founded: 1970
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: NT$2.433b
- Shares outstanding: 155.94m
- Website: https://www.uneec.com
- Chenming Electronic Technology Corporation
- No. 27, Minquan East Road
- 2nd Floor
Chenming Electronic Technology Corporation, an OEM/ODM manufacturer, engages in the production and sale of computer and server chassis, mobile device components, and related components. The company also pr...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/04/19 08:50|
|End of Day Share Price||2021/04/19 00:00|
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.