Taiwan Cogeneration Corporation

TWSE:8926 Stock Report

Market Cap: NT$30.0b

Taiwan Cogeneration Past Earnings Performance

Past criteria checks 2/6

Taiwan Cogeneration has been growing earnings at an average annual rate of 4.4%, while the Renewable Energy industry saw earnings growing at 33% annually. Revenues have been declining at an average rate of 7.5% per year. Taiwan Cogeneration's return on equity is 7.7%, and it has net margins of 14.5%.

Key information

4.4%

Earnings growth rate

1.7%

EPS growth rate

Renewable Energy Industry Growth26.7%
Revenue growth rate-7.5%
Return on equity7.7%
Net Margin14.5%
Last Earnings Update30 Sep 2024

Recent past performance updates

Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 21
Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

Recent updates

Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

Nov 21
Taiwan Cogeneration's (TWSE:8926) Shareholders Have More To Worry About Than Only Soft Earnings

Is Taiwan Cogeneration (TWSE:8926) Using Too Much Debt?

Aug 13
Is Taiwan Cogeneration (TWSE:8926) Using Too Much Debt?

Capital Allocation Trends At Taiwan Cogeneration (TWSE:8926) Aren't Ideal

Jul 02
Capital Allocation Trends At Taiwan Cogeneration (TWSE:8926) Aren't Ideal

Taiwan Cogeneration's (TWSE:8926) Earnings May Just Be The Starting Point

Mar 21
Taiwan Cogeneration's (TWSE:8926) Earnings May Just Be The Starting Point

Taiwan Cogeneration Corporation's (TWSE:8926) Business Is Trailing The Market But Its Shares Aren't

Feb 28
Taiwan Cogeneration Corporation's (TWSE:8926) Business Is Trailing The Market But Its Shares Aren't

Is Taiwan Cogeneration (TPE:8926) A Risky Investment?

Apr 02
Is Taiwan Cogeneration (TPE:8926) A Risky Investment?

Did You Participate In Any Of Taiwan Cogeneration's (TPE:8926) Respectable 99% Return?

Feb 25
Did You Participate In Any Of Taiwan Cogeneration's (TPE:8926) Respectable 99% Return?

Are Taiwan Cogeneration Corporation's (TPE:8926) Mixed Financials Driving The Negative Sentiment?

Jan 22
Are Taiwan Cogeneration Corporation's (TPE:8926) Mixed Financials Driving The Negative Sentiment?

Calculating The Intrinsic Value Of Taiwan Cogeneration Corporation (TPE:8926)

Dec 17
Calculating The Intrinsic Value Of Taiwan Cogeneration Corporation (TPE:8926)

Shareholders Of Taiwan Cogeneration (TPE:8926) Must Be Happy With Their 119% Total Return

Nov 18
Shareholders Of Taiwan Cogeneration (TPE:8926) Must Be Happy With Their 119% Total Return

Revenue & Expenses Breakdown

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


Earnings and Revenue History

TWSE:8926 Revenue, expenses and earnings (TWD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 248,0141,1663040
30 Jun 247,2391,0193220
31 Mar 246,3038924130
31 Dec 235,3481,2524230
30 Sep 235,9451,6614520
30 Jun 235,3261,7464320
31 Mar 234,8381,2963280
31 Dec 224,6699073170
30 Sep 224,2345142920
30 Jun 224,9964702900
31 Mar 225,3028822880
31 Dec 216,4078982820
30 Sep 217,1088522570
30 Jun 217,6759422500
31 Mar 218,6939542400
31 Dec 209,3141,0692320
30 Sep 2010,4661,0862320
30 Jun 2010,3161,0772170
31 Mar 209,2591,2322150
31 Dec 197,1861,0982140
30 Sep 194,2317602060
30 Jun 194,1089252210
31 Mar 193,5838612210
31 Dec 183,8146722110
30 Sep 183,6269262040
30 Jun 182,1979832080
31 Mar 181,7809802160
31 Dec 171,2099722090
30 Sep 171,1101,1542130
30 Jun 171,0649671980
31 Mar 171,0838411810
31 Dec 161,1789491780
30 Sep 161,2758441660
30 Jun 161,5189191630
31 Mar 161,5431,0291650
31 Dec 151,5451,0621720
30 Sep 151,5991,1851670
30 Jun 151,4111,3301780
31 Mar 151,5381,3951850
31 Dec 141,6161,7282020
30 Sep 141,8961,7322110
30 Jun 142,0951,5212010
31 Mar 142,3141,0991860

Quality Earnings: 8926 has high quality earnings.

Growing Profit Margin: 8926's current net profit margins (14.5%) are lower than last year (27.9%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 8926's earnings have grown by 4.4% per year over the past 5 years.

Accelerating Growth: 8926's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8926 had negative earnings growth (-29.8%) over the past year, making it difficult to compare to the Renewable Energy industry average (8.3%).


Return on Equity

High ROE: 8926's Return on Equity (7.7%) 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 Analysis2025/01/17 07:11
End of Day Share Price 2025/01/17 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

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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

Taiwan Cogeneration Corporation is covered by 3 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
Sze-wai ChengE.Sun Securities Investment Consulting Co. Ltd.
Chi-Chang ChanJih Sun Securities Investment Consulting Co., Ltd.
Gajanan PolawarVirtua Research Inc.