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Solomon Technology TWSE:2359 Stock Report

Last Price

NT$161.00

Market Cap

NT$27.9b

7D

9.5%

1Y

302.0%

Updated

18 Dec, 2024

Data

Company Financials

Solomon Technology Corporation

TWSE:2359 Stock Report

Market Cap: NT$27.9b

2359 Stock Overview

Operates as an electronic components sales agency in Taiwan, Mainland China, Hong Kong, and internationally. More details

2359 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends1/6

My Notes

Capture your thoughts, links and company narrative

Solomon Technology Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solomon Technology
Historical stock prices
Current Share PriceNT$161.00
52 Week HighNT$187.50
52 Week LowNT$35.20
Beta0.96
1 Month Change22.90%
3 Month Change4.55%
1 Year Change302.00%
3 Year Change812.18%
5 Year Change668.50%
Change since IPO294.43%

Recent News & Updates

Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Nov 14
Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

Oct 18
Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

Recent updates

Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Nov 14
Solomon Technology (TWSE:2359) Has Some Way To Go To Become A Multi-Bagger

Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

Oct 18
Pinning Down Solomon Technology Corporation's (TWSE:2359) P/S Is Difficult Right Now

We Think You Can Look Beyond Solomon Technology's (TWSE:2359) Lackluster Earnings

Aug 26
We Think You Can Look Beyond Solomon Technology's (TWSE:2359) Lackluster Earnings

Slowing Rates Of Return At Solomon Technology (TWSE:2359) Leave Little Room For Excitement

Jul 29
Slowing Rates Of Return At Solomon Technology (TWSE:2359) Leave Little Room For Excitement

Why Investors Shouldn't Be Surprised By Solomon Technology Corporation's (TWSE:2359) 66% Share Price Surge

May 22
Why Investors Shouldn't Be Surprised By Solomon Technology Corporation's (TWSE:2359) 66% Share Price Surge

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
7D9.5%-1.5%-0.6%
1Y302.0%27.5%28.5%

Return vs Industry: 2359 exceeded the TW Electronic industry which returned 27.5% over the past year.

Return vs Market: 2359 exceeded the TW Market which returned 28.5% over the past year.

Price Volatility

Is 2359's price volatile compared to industry and market?
2359 volatility
2359 Average Weekly Movement6.5%
Electronic Industry Average Movement5.3%
Market Average Movement4.5%
10% most volatile stocks in TW Market7.9%
10% least volatile stocks in TW Market2.1%

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

Volatility Over Time: 2359's weekly volatility (6%) 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, Mainland China, Hong Kong, and internationally. The company offers air pressure valve parts, air cylinders, liquid control elements, direct drive motors, components for chemical liquids, fixed thermal cameras, control panels, cooling systems, power management products, drives and motors, programmable controllers, control components, servo controls, human machine interfaces, secure elements, sensing elements, and adders, as well as software, SiteManager, AR Enterprise suites, 3D CAD Software, GateManager, and LinkManager. It also provides intellectual automation products, such as industrial networking device data acquisition systems; machine vision products; system integration products comprising grippers, robot automatic wear belt machines, robot tracking synchronization systems, glue dispensing machines, and pick–up and down trolleys; 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$27.93b
Earnings (TTM)-NT$7.51m
Revenue (TTM)NT$3.57b

7.7x

P/S Ratio

-3,674x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2359 income statement (TTM)
RevenueNT$3.57b
Cost of RevenueNT$2.78b
Gross ProfitNT$793.77m
Other ExpensesNT$801.27m
Earnings-NT$7.51m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.044
Gross Margin22.23%
Net Profit Margin-0.21%
Debt/Equity Ratio13.9%

How did 2359 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

-3,880%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 08:39
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solomon Technology Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution