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Solomon Technology TWSE:2359 Stock Report

Last Price

NT$139.00

Market Cap

NT$23.8b

7D

-3.8%

1Y

271.7%

Updated

16 Nov, 2024

Data

Company Financials

Solomon Technology Corporation

TWSE:2359 Stock Report

Market Cap: NT$23.8b

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 Performance1/6
Financial Health5/6
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$139.00
52 Week HighNT$187.50
52 Week LowNT$35.20
Beta0.94
11 Month Change-5.76%
3 Month Change-19.42%
1 Year Change271.66%
33 Year Change694.29%
5 Year Change557.21%
Change since IPO240.53%

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

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

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
7D-3.8%-3.3%-3.4%
1Y271.7%34.7%30.2%

Return vs Industry: 2359 exceeded the TW Electronic industry which returned 34.7% over the past year.

Return vs Market: 2359 exceeded the TW Market which returned 30.2% over the past year.

Price Volatility

Is 2359's price volatile compared to industry and market?
2359 volatility
2359 Average Weekly Movement5.1%
Electronic Industry Average Movement5.4%
Market Average Movement4.6%
10% most volatile stocks in TW Market8.1%
10% least volatile stocks in TW Market2.1%

Stable Share Price: 2359 has not had significant price volatility in the past 3 months compared to the TW market.

Volatility Over Time: 2359's weekly volatility (5%) has been stable over the past year.

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$23.82b
Earnings (TTM)NT$215.75m
Revenue (TTM)NT$3.62b

110.4x

P/E Ratio

6.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2359 income statement (TTM)
RevenueNT$3.62b
Cost of RevenueNT$2.79b
Gross ProfitNT$834.88m
Other ExpensesNT$619.13m
EarningsNT$215.75m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)1.26
Gross Margin23.05%
Net Profit Margin5.96%
Debt/Equity Ratio12.4%

How did 2359 perform over the long term?

See historical performance and comparison

Dividends

1.2%

Current Dividend Yield

135%

Payout Ratio