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Solomon Technology TWSE:2359 Stock Report

Last Price

NT$101.00

Market Cap

NT$16.9b

7D

11.8%

1Y

192.8%

Updated

30 Apr, 2024

Data

Company Financials

Solomon Technology Corporation

TWSE:2359 Stock Report

Market Cap: NT$16.9b

2359 Stock Overview

Solomon Technology Corporation, together with its subsidiaries, operates as an electronic components sales agency in Taiwan, China, and the Asia-Pacific region.

2359 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends1/6

Solomon Technology Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solomon Technology
Historical stock prices
Current Share PriceNT$101.00
52 Week HighNT$119.00
52 Week LowNT$30.00
Beta0.89
1 Month Change39.31%
3 Month Change155.05%
1 Year Change192.75%
3 Year Change453.42%
5 Year Change363.30%
Change since IPO147.43%

Recent News & Updates

Recent updates

Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 25
Solomon Technology's (TWSE:2359) Shareholders Will Receive A Bigger Dividend Than Last Year

Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal

Apr 19
Capital Allocation Trends At Solomon Technology (TWSE:2359) Aren't Ideal

Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story

Mar 21
Solomon Technology Corporation's (TWSE:2359) Shares Leap 33% Yet They're Still Not Telling The Full Story

Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70

Mar 13
Solomon Technology (TWSE:2359) Is Increasing Its Dividend To NT$1.70

Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital

Apr 03
Solomon Technology (TPE:2359) Could Be Struggling To Allocate Capital

Solomon Technology (TPE:2359) Could Easily Take On More Debt

Mar 07
Solomon Technology (TPE:2359) Could Easily Take On More Debt

We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability

Feb 09
We're Not Counting On Solomon Technology (TPE:2359) To Sustain Its Statutory Profitability

A Look At Solomon Technology's (TPE:2359) Share Price Returns

Jan 19
A Look At Solomon Technology's (TPE:2359) Share Price Returns

Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?

Dec 29
Is Solomon Technology Corporation (TPE:2359) An Attractive Dividend Stock?

The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence

Dec 08
The Returns On Capital At Solomon Technology (TPE:2359) Don't Inspire Confidence

Shareholder Returns

2359TW ElectronicTW Market
7D11.8%7.5%5.5%
1Y192.8%30.0%29.7%

Return vs Industry: 2359 exceeded the TW Electronic industry which returned 30% over the past year.

Return vs Market: 2359 exceeded the TW Market which returned 29.7% over the past year.

Price Volatility

Is 2359's price volatile compared to industry and market?
2359 volatility
2359 Average Weekly Movement12.2%
Electronic Industry Average Movement5.3%
Market Average Movement4.8%
10% most volatile stocks in TW Market8.7%
10% least volatile stocks in TW Market2.2%

Stable Share Price: 2359's share price has been volatile over the past 3 months.

Volatility Over Time: 2359's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of TW stocks.

About the Company

FoundedEmployeesCEOWebsite
1973n/aCheng-Lung Chenwww.solomon.com.tw

Solomon Technology Corporation, together with its subsidiaries, operates as an electronic components sales agency in Taiwan, China, and the Asia-Pacific region. It offers air pressure valve parts, air cylinder, liquid control element, direct drive motor, components for chemical liquids, fixed thermal cameras, control panel, cooling system, power management, drivers and motors, programmable controller, control components, servo control, human machine interface, secure element, sensing element, and adder, as well as software, AR Enterprise Suite, 3D CAD Software, SiteManager, GateManager, and LinkManager. The company provides intellectual automation products, such as industrial networking device data acquisition systems; machine vision products; system integration products, comprising robot automatic wear belt machines, robot tracking synchronization system, glue dispensing machine, and pick–up and down trolley; and finger adaptive gripper products for robot applications.

Solomon Technology Corporation Fundamentals Summary

How do Solomon Technology's earnings and revenue compare to its market cap?
2359 fundamental statistics
Market capNT$16.88b
Earnings (TTM)NT$532.24m
Revenue (TTM)NT$4.22b

32.5x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2359 income statement (TTM)
RevenueNT$4.22b
Cost of RevenueNT$3.25b
Gross ProfitNT$968.72m
Other ExpensesNT$436.48m
EarningsNT$532.24m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)3.11
Gross Margin22.96%
Net Profit Margin12.61%
Debt/Equity Ratio11.9%

How did 2359 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

55%

Payout Ratio

Does 2359 pay a reliable dividends?

See 2359 dividend history and benchmarks
When do you need to buy 2359 by to receive an upcoming dividend?
Solomon Technology dividend dates
Ex Dividend DateJul 10 2024
Dividend Pay DateJul 26 2024
Days until Ex dividend71 days
Days until Dividend pay date87 days

Does 2359 pay a reliable dividends?

See 2359 dividend history and benchmarks
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