Sincere Navigation Corporation

TWSE:2605 Stock Report

Market Cap: NT$14.5b

Sincere Navigation Past Earnings Performance

Past criteria checks 5/6

Sincere Navigation has been growing earnings at an average annual rate of 15.5%, while the Shipping industry saw earnings growing at 20.5% annually. Revenues have been growing at an average rate of 1.7% per year. Sincere Navigation's return on equity is 6.2%, and it has net margins of 22.5%.

Key information

15.5%

Earnings growth rate

15.5%

EPS growth rate

Shipping Industry Growth33.1%
Revenue growth rate1.7%
Return on equity6.2%
Net Margin22.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Sep 29
These 4 Measures Indicate That Sincere Navigation (TWSE:2605) Is Using Debt Safely

Is Sincere Navigation Corporation (TWSE:2605) Potentially Undervalued?

Jul 12
Is Sincere Navigation Corporation (TWSE:2605) Potentially Undervalued?

Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

Jun 14
Sincere Navigation's (TWSE:2605) Dividend Will Be Increased To NT$0.75

Sincere Navigation Corporation's (TWSE:2605) 26% Jump Shows Its Popularity With Investors

May 31
Sincere Navigation Corporation's (TWSE:2605) 26% Jump Shows Its Popularity With Investors

Sincere Navigation (TWSE:2605) Has A Rock Solid Balance Sheet

May 30
Sincere Navigation (TWSE:2605) Has A Rock Solid Balance Sheet

Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

Mar 21
Sincere Navigation's (TWSE:2605) Solid Profits Have Weak Fundamentals

We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Mar 30
We Think Sincere Navigation's (TPE:2605) Healthy Earnings Might Be Conservative

Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Mar 13
Sincere Navigation (TPE:2605) Seems To Use Debt Rather Sparingly

Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Feb 15
Does Sincere Navigation's (TPE:2605) Returns On Capital Reflect Well On The Business?

Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Jan 19
Did Sincere Navigation's (TPE:2605) Share Price Deserve to Gain 22%?

Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

Dec 24
Key Things To Consider Before Buying Sincere Navigation Corporation (TPE:2605) For Its Dividend

These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Nov 28
These 4 Measures Indicate That Sincere Navigation (TPE:2605) Is Using Debt Safely

Revenue & Expenses Breakdown

How Sincere Navigation makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2605 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 244,6721,0503580
30 Jun 244,5908773420
31 Mar 244,3616312900
31 Dec 234,2304302670
30 Sep 234,2364882460
30 Jun 234,1772802240
31 Mar 234,1352302090
31 Dec 223,970962130
30 Sep 224,1201572130
30 Jun 224,2584522280
31 Mar 224,3235622370
31 Dec 214,2976202150
30 Sep 213,7194572080
30 Jun 213,5524651880
31 Mar 213,5685421830
31 Dec 203,9295771810
30 Sep 204,4138001860
30 Jun 204,5426831870
31 Mar 204,3212691890
31 Dec 194,117692160
30 Sep 193,985-1632100
30 Jun 193,973-1622090
31 Mar 193,979-301910
31 Dec 183,773621580
30 Sep 183,4681151630
30 Jun 183,112621570
31 Mar 183,1823141670
31 Dec 173,3325051750
30 Sep 173,2803681700
30 Jun 173,3834181710
31 Mar 173,3892991720
31 Dec 163,4902831690
30 Sep 163,3051041670
30 Jun 163,8453411720
31 Mar 164,1024751710
31 Dec 154,3915401760
30 Sep 154,9388621790
30 Jun 154,7166981890
31 Mar 154,6346461920
31 Dec 144,4687021910
30 Sep 144,0506261900
30 Jun 144,0576641800
31 Mar 144,0697151780
31 Dec 134,1406241760

Quality Earnings: 2605 has high quality earnings.

Growing Profit Margin: 2605's current net profit margins (22.5%) are higher than last year (11.5%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2605 has become profitable over the past 5 years, growing earnings by 15.5% per year.

Accelerating Growth: 2605's earnings growth over the past year (115.4%) exceeds its 5-year average (15.5% per year).

Earnings vs Industry: 2605 earnings growth over the past year (115.4%) exceeded the Shipping industry 88.9%.


Return on Equity

High ROE: 2605's Return on Equity (6.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 13:57
End of Day Share Price 2024/12/20 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

Sincere Navigation Corporation is covered by 16 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Yayue HsuehCapital Securities Corporation
Philip ChowCLSA
HungBIn TohCredit Suisse