Taiwan High Speed Rail Corporation

TWSE:2633 Stock Report

Market Cap: NT$158.2b

Taiwan High Speed Rail Past Earnings Performance

Past criteria checks 2/6

Taiwan High Speed Rail has been growing earnings at an average annual rate of 4.5%, while the Infrastructure industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 5.9% per year. Taiwan High Speed Rail's return on equity is 9%, and it has net margins of 12.1%.

Key information

4.5%

Earnings growth rate

4.5%

EPS growth rate

Infrastructure Industry Growth6.1%
Revenue growth rate5.9%
Return on equity9.0%
Net Margin12.1%
Last Earnings Update31 Dec 2024

Recent past performance updates

Impressive Earnings May Not Tell The Whole Story For Taiwan High Speed Rail (TWSE:2633)

Nov 14
Impressive Earnings May Not Tell The Whole Story For Taiwan High Speed Rail (TWSE:2633)

Recent updates

Is Taiwan High Speed Rail (TWSE:2633) Using Too Much Debt?

Feb 11
Is Taiwan High Speed Rail (TWSE:2633) Using Too Much Debt?

Taiwan High Speed Rail (TWSE:2633) Is Experiencing Growth In Returns On Capital

Jan 24
Taiwan High Speed Rail (TWSE:2633) Is Experiencing Growth In Returns On Capital

Pinning Down Taiwan High Speed Rail Corporation's (TWSE:2633) P/E Is Difficult Right Now

Jan 06
Pinning Down Taiwan High Speed Rail Corporation's (TWSE:2633) P/E Is Difficult Right Now

Impressive Earnings May Not Tell The Whole Story For Taiwan High Speed Rail (TWSE:2633)

Nov 14
Impressive Earnings May Not Tell The Whole Story For Taiwan High Speed Rail (TWSE:2633)

We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)

Oct 07
We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)

We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)

May 29
We Like These Underlying Return On Capital Trends At Taiwan High Speed Rail (TWSE:2633)

Taiwan High Speed Rail Corporation's (TWSE:2633) Popularity With Investors Is Under Threat From Overpricing

May 02
Taiwan High Speed Rail Corporation's (TWSE:2633) Popularity With Investors Is Under Threat From Overpricing

Estimating The Intrinsic Value Of Taiwan High Speed Rail Corporation (TWSE:2633)

Mar 19
Estimating The Intrinsic Value Of Taiwan High Speed Rail Corporation (TWSE:2633)

Revenue & Expenses Breakdown

How Taiwan High Speed Rail makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TWSE:2633 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Dec 2453,1866,4511,8610
30 Sep 2452,9167,9271,5340
30 Jun 2451,8587,7851,4950
31 Mar 2451,0427,8051,4090
31 Dec 2349,8127,8241,3410
30 Sep 2348,3446,6231,5330
30 Jun 2345,9356,6881,4430
31 Mar 2340,2915,3381,3620
31 Dec 2237,1333,7691,2880
30 Sep 2235,0873,0491,2010
30 Jun 2229,9152,5791,1610
31 Mar 2229,3512,7951,1880
31 Dec 2130,2283,6111,1730
30 Sep 2132,0865,2731,2370
30 Jun 2137,9016,1431,2630
31 Mar 2139,4046,0881,2180
31 Dec 2039,1375,8431,2040
30 Sep 2039,8295,1311,1910
30 Jun 2041,0845,3381,1730
31 Mar 2045,3456,8491,1970
31 Dec 1947,5078,0071,2060
30 Sep 1947,0518,1841,1770
30 Jun 1946,6778,3751,1780
31 Mar 1946,13810,5851,1820
31 Dec 1845,41510,6961,1720
30 Sep 1845,0809,9271,1190
30 Jun 1844,3898,9851,1040
31 Mar 1843,6696,1191,0890
31 Dec 1743,4355,3401,0530
30 Sep 1742,5755,0991,0340
30 Jun 1741,9774,8409930
31 Mar 1741,4334,6569330
31 Dec 1640,6114,1499300
30 Sep 1652,12224,7919060
30 Jun 1652,00923,6558630
31 Mar 1651,95622,8698470
31 Dec 1551,90120,8738370
30 Sep 1539,537-1,0548370
30 Jun 1539,331-1,0888870
31 Mar 1538,8796598970
31 Dec 1438,5093,6119100
30 Sep 1438,0424,4899430
30 Jun 1437,5754,4149710
31 Mar 1436,8382,8909510

Quality Earnings: 2633 has high quality earnings.

Growing Profit Margin: 2633's current net profit margins (12.1%) are lower than last year (15.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 2633's earnings have grown by 4.5% per year over the past 5 years.

Accelerating Growth: 2633's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 2633 had negative earnings growth (-17.5%) over the past year, making it difficult to compare to the Infrastructure industry average (19.7%).


Return on Equity

High ROE: 2633's Return on Equity (9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/21 15:01
End of Day Share Price 2025/02/21 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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 Github.

Analyst Sources

Taiwan High Speed Rail Corporation is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chi-Chang ChanJih Sun Securities Investment Consulting Co., Ltd.
Shawn YangMasterlink Securities Corp.
Yili ChenSinoPac Securities Investment Service