Executive Summary
Zhen Ding Technology Holding Limited, together with its subsidiaries, engages in the manufacturing and sale of various printed circuit board (PCB) products in the United States, Mainland China, Taiwan, Singapore, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Zhen Ding Technology Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 4958 is not significantly more volatile than the rest of TW stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 4958's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
4958
-2.2%
TW Electronic
2.4%
TW Market
1 Year Return
-13.0%
4958
17.8%
TW Electronic
31.3%
TW Market
Return vs Industry: 4958 underperformed the TW Electronic industry which returned 17.8% over the past year.
Return vs Market: 4958 underperformed the TW Market which returned 31.3% over the past year.
Shareholder returns
| 4958 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -2.2% | 2.4% |
| 30 Day | -0.8% | 12.3% | 12.4% |
| 90 Day | -11.7% | 23.7% | 23.2% |
| 1 Year | -10.1%-13.0% | 22.0%17.8% | 35.9%31.3% |
| 3 Year | 97.4%73.8% | 33.5%17.7% | 58.4%40.6% |
| 5 Year | 109.6%67.1% | 113.9%75.2% | 138.4%96.6% |
Long-Term Price Volatility Vs. Market
How volatile is Zhen Ding Technology Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall St
Shareholders Of Zhen Ding Technology Holding (TPE:4958) Must Be Happy With Their 122% Total Return2 weeks ago | Simply Wall St
Zhen Ding Technology Holding Limited's (TPE:4958) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?4 weeks ago | Simply Wall St
Are Zhen Ding Technology Holding's (TPE:4958) Statutory Earnings A Good Guide To Its Underlying Profitability?Valuation
Is Zhen Ding Technology Holding undervalued compared to its fair value and its price relative to the market?
14.16x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 4958 (NT$117) is trading above our estimate of fair value (NT$67.59)
Significantly Below Fair Value: 4958 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 4958 is good value based on its PE Ratio (14.2x) compared to the TW Electronic industry average (16.9x).
PE vs Market: 4958 is good value based on its PE Ratio (14.2x) compared to the TW market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: 4958 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 4958's PB Ratio (1.6x) is in line with the TW Electronic industry average.
Next Steps
Future Growth
How is Zhen Ding Technology Holding forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
22.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 4958's forecast earnings growth (22% per year) is above the savings rate (0.8%).
Earnings vs Market: 4958's earnings (22% per year) are forecast to grow faster than the TW market (18.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 4958's revenue (12.2% per year) is forecast to grow faster than the TW market (11.2% per year).
High Growth Revenue: 4958's revenue (12.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 4958's Return on Equity is forecast to be low in 3 years time (13.9%).
Next Steps
Past Performance
How has Zhen Ding Technology Holding performed over the past 5 years?
11.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 4958 has high quality earnings.
Growing Profit Margin: 4958's current net profit margins (6.3%) are lower than last year (7.3%).
Past Earnings Growth Analysis
Earnings Trend: 4958's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: 4958's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 4958 had negative earnings growth (-13%) over the past year, making it difficult to compare to the Electronic industry average (5%).
Return on Equity
High ROE: 4958's Return on Equity (11.8%) is considered low.
Next Steps
Financial Health
How is Zhen Ding Technology Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 4958's short term assets (NT$80.9B) exceed its short term liabilities (NT$38.6B).
Long Term Liabilities: 4958's short term assets (NT$80.9B) exceed its long term liabilities (NT$16.8B).
Debt to Equity History and Analysis
Debt Level: 4958's debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: 4958's debt to equity ratio has reduced from 54.1% to 22.8% over the past 5 years.
Debt Coverage: 4958's debt is well covered by operating cash flow (90.8%).
Interest Coverage: 4958 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Zhen Ding Technology Holding current dividend yield, its reliability and sustainability?
3.85%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 4958's dividend (3.85%) is higher than the bottom 25% of dividend payers in the TW market (2.11%).
High Dividend: 4958's dividend (3.85%) is low compared to the top 25% of dividend payers in the TW market (5.16%).
Stability and Growth of Payments
Stable Dividend: 4958 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4958's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (54.5%), 4958's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 4958's dividends in 3 years are forecast to be well covered by earnings (45.6% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average management tenure
CEO
Ting-Chuan Lee
3.67yrs
Tenure
Mr. Ting-Chuan Lee serves as Director at Zhen Ding Technology Holding Limited since June 19, 2020. He has been General Manager of Zhen Ding Technology Holding Limited since May 11, 2017. Mr. Lee had been C...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 3.67yrs | no data | no data | |
| Financial Director | 2.83yrs | no data | no data | |
| Senior Director of Corporate Planning & Investment Department | no data | no data | no data | |
| Accounting Director | 3.67yrs | no data | no data | |
| Senior Director of Sales Marketing Department | no data | no data | no data | |
| Senior Vice President | 14.58yrs | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Senior Vice President | no data | no data | no data | |
| Head of Audit & Senior VP | no data | no data | no data |
3.7yrs
Average Tenure
Experienced Management: 4958's management team is considered experienced (3.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 3.67yrs | no data | no data | |
| Independent Director | 9.58yrs | no data | no data | |
| Representative Director | 7.92yrs | no data | no data | |
| Chairman | 14.58yrs | no data | 0.44% NT$ 478.2m | |
| Independent Director | 9.58yrs | no data | no data | |
| Independent Director | 0.58yr | no data | no data | |
| Independent Director | 0.58yr | no data | no data |
7.9yrs
Average Tenure
Experienced Board: 4958's board of directors are considered experienced (7.9 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 been diluted in the past year, with total shares outstanding growing by 5%.
Top Shareholders
Company Information
Zhen Ding Technology Holding Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Zhen Ding Technology Holding Limited
- Ticker: 4958
- Exchange: TSEC
- Founded: 2006
- Industry: Electronic Components
- Sector: Tech
- Market Cap: NT$108.911b
- Shares outstanding: 947.05m
- Website: https://www.zdtco.com
Number of Employees
Location
- Zhen Ding Technology Holding Limited
- Yanluo Road
- Shenzhen Town
- Shenzhen
- Guangdong Province
- 518105
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 4958 | TSEC (Taiwan Stock Exchange) | Yes | Common Stock | TW | TWD | Dec 2011 |
Biography
Zhen Ding Technology Holding Limited, together with its subsidiaries, engages in the manufacturing and sale of various printed circuit board (PCB) products in the United States, Mainland China, Taiwan, Sin...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 08:44 |
| End of Day Share Price | 2021/01/22 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.