Declared Dividend • May 11
Dividend of NT$0.90 announced Shareholders will receive a dividend of NT$0.90. Ex-date: 2nd June 2026 Payment date: 24th June 2026 Dividend yield will be 4.6%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (348% earnings payout ratio). However, it is covered by cash flows (84% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 287% to bring the payout ratio under control. However, EPS has declined by 29% over the last 5 years so the company would need to reverse this trend. Tillkännagivande • Mar 09
Yonyu Plastics Co., Ltd., Annual General Meeting, Jun 01, 2026 Yonyu Plastics Co., Ltd., Annual General Meeting, Jun 01, 2026. Location: no,7 aly.10 ln.188, sec.1 fu nung st., east district, tainan city Taiwan Reported Earnings • Mar 09
Full year 2025 earnings released: EPS: NT$0.26 (vs NT$2.58 in FY 2024) Full year 2025 results: EPS: NT$0.26 (down from NT$2.58 in FY 2024). Revenue: NT$2.01b (down 24% from FY 2024). Net income: NT$23.6m (down 90% from FY 2024). Profit margin: 1.2% (down from 8.9% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year whereas the company’s share price has fallen by 18% per year. Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: NT$0.05 (vs NT$1.98 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.05 (down from NT$1.98 in 3Q 2024). Revenue: NT$483.1m (down 15% from 3Q 2024). Net income: NT$4.88m (down 97% from 3Q 2024). Profit margin: 1.0% (down from 32% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 12
Second quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.29 profit in 2Q 2024) Second quarter 2025 results: NT$0.05 loss per share (down from NT$0.29 profit in 2Q 2024). Revenue: NT$516.1m (down 35% from 2Q 2024). Net loss: NT$4.45m (down 117% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • May 29
Upcoming dividend of NT$0.90 per share Eligible shareholders must have bought the stock before 05 June 2025. Payment date: 26 June 2025. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (4.2%). Reported Earnings • May 13
First quarter 2025 earnings released: EPS: NT$0.05 (vs NT$0.26 in 1Q 2024) First quarter 2025 results: EPS: NT$0.05 (down from NT$0.26 in 1Q 2024). Revenue: NT$526.0m (down 31% from 1Q 2024). Net income: NT$4.88m (down 80% from 1Q 2024). Profit margin: 0.9% (down from 3.1% in 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Declared Dividend • May 10
Dividend reduced to NT$0.90 Dividend of NT$0.90 is 10.0% lower than last year. Ex-date: 5th June 2025 Payment date: 26th June 2025 Dividend yield will be 4.3%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 74% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.2% EPS decline seen over the last 5 years. Tillkännagivande • May 01
Yonyu Plastics Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Yonyu Plastics Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$18.30, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 14x in the Packaging industry in Taiwan. Total loss to shareholders of 43% over the past three years. New Risk • Mar 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 154% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.21b market cap, or US$67.0m). Reported Earnings • Mar 09
Full year 2024 earnings released: EPS: NT$2.58 (vs NT$0.93 in FY 2023) Full year 2024 results: EPS: NT$2.58 (up from NT$0.93 in FY 2023). Revenue: NT$2.65b (down 20% from FY 2023). Net income: NT$234.6m (up 179% from FY 2023). Profit margin: 8.9% (up from 2.5% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Tillkännagivande • Feb 26
Yonyu Plastics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 05, 2025 Yonyu Plastics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 05, 2025 New Risk • Nov 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 101% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 19% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.35b market cap, or US$72.1m). Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: NT$1.98 (vs NT$0.19 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.98 (up from NT$0.19 in 3Q 2023). Revenue: NT$568.1m (down 34% from 3Q 2023). Net income: NT$180.3m (up NT$163.0m from 3Q 2023). Profit margin: 32% (up from 2.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Tillkännagivande • Nov 01
Yonyu Plastics Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024 Yonyu Plastics Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024 Reported Earnings • Aug 11
Second quarter 2024 earnings released: EPS: NT$0.29 (vs NT$0.22 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.29 (up from NT$0.22 in 2Q 2023). Revenue: NT$791.8m (down 6.5% from 2Q 2023). Net income: NT$26.2m (up 30% from 2Q 2023). Profit margin: 3.3% (up from 2.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Tillkännagivande • Aug 01
Yonyu Plastics Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Yonyu Plastics Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Upcoming Dividend • May 31
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 07 June 2024. Payment date: 03 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (4.3%). In line with average of industry peers (3.0%). Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$0.26 (vs NT$0.30 in 1Q 2023) First quarter 2024 results: EPS: NT$0.26 (down from NT$0.30 in 1Q 2023). Revenue: NT$764.2m (down 4.5% from 1Q 2023). Net income: NT$24.0m (down 11% from 1Q 2023). Profit margin: 3.1% (down from 3.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Declared Dividend • May 11
Dividend reduced to NT$1.00 Dividend of NT$1.00 is 9.1% lower than last year. Ex-date: 7th June 2024 Payment date: 3rd July 2024 Dividend yield will be 3.2%, which is lower than the industry average of 5.2%. Sustainability & Growth Dividend is not covered by earnings (108% earnings payout ratio). However, it is well covered by cash flows (34% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 20% to bring the payout ratio under control. However, EPS has declined by 23% over the last 5 years so the company would need to reverse this trend. Tillkännagivande • May 10
Yonyu Plastics Co., Ltd. Announces Cash Dividend, Payable on July 3, 2024 The board of directors of Yonyu Plastics Co., Ltd. decided cash dividend of TWD 91,274,554, each common share is entitled to receive TWD 1.00. Ex-rights (ex-dividend) trading date is June 7, 2024. the ex-dividend record date is June 16, 2024. Payment date of common stock cash dividend distribution on July 3, 2024. Tillkännagivande • May 01
Yonyu Plastics Co., Ltd. to Report Q1, 2024 Results on May 09, 2024 Yonyu Plastics Co., Ltd. announced that they will report Q1, 2024 results on May 09, 2024 Reported Earnings • Mar 05
Full year 2023 earnings released Full year 2023 results: Revenue: NT$3.31b (down 12% from FY 2022). Net income: NT$84.1m (down 55% from FY 2022). Profit margin: 2.5% (down from 5.0% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Mar 02
Yonyu Plastics Co., Ltd. to Report Fiscal Year 2023 Results on Feb 29, 2024 Yonyu Plastics Co., Ltd. announced that they will report fiscal year 2023 results on Feb 29, 2024 Tillkännagivande • Mar 01
Yonyu Plastics Co., Ltd., Annual General Meeting, May 27, 2024 Yonyu Plastics Co., Ltd., Annual General Meeting, May 27, 2024. Location: No.78, Xinyi S. Rd., Gueiren District, Tainan City Gueiren Cultural Center Multifunctional Theater Tainan City Taiwan Agenda: To consider 2023 Business Report; to consider Audit Committee's Review Report on the 2023 Financial Statement; to consider 2023 Distribution of Employees and Board Directors Remuneration; to consider Report on policies, criteria and composition of compensation by Remuneration Committee for the Directors and Managerial Officers; to consider Report on External endorsements / guarantees and making loans to others; to consider Report on the indirect investment in Mainland area; and to consider other matters. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.22 (vs NT$0.21 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.22 (up from NT$0.21 in 2Q 2022). Revenue: NT$846.9m (down 5.5% from 2Q 2022). Net income: NT$20.2m (up 5.6% from 2Q 2022). Profit margin: 2.4% (up from 2.1% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 12
Upcoming dividend of NT$1.10 per share at 3.4% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (5.8%). Reported Earnings • Mar 02
Full year 2022 earnings released: EPS: NT$2.05 (vs NT$3.04 in FY 2021) Full year 2022 results: EPS: NT$2.05 (down from NT$3.04 in FY 2021). Revenue: NT$3.75b (down 1.2% from FY 2021). Net income: NT$186.5m (down 33% from FY 2021). Profit margin: 5.0% (down from 7.3% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.73 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.55 (down from NT$0.73 in 3Q 2021). Revenue: NT$964.5m (down 2.8% from 3Q 2021). Net income: NT$49.7m (down 26% from 3Q 2021). Profit margin: 5.1% (down from 6.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$0.55 (vs NT$0.73 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.55 (down from NT$0.73 in 3Q 2021). Revenue: NT$964.5m (down 2.8% from 3Q 2021). Net income: NT$49.7m (down 26% from 3Q 2021). Profit margin: 5.1% (down from 6.7% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 14
Second quarter 2022 earnings released: EPS: NT$0.21 (vs NT$0.91 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.21 (down from NT$0.91 in 2Q 2021). Revenue: NT$896.2m (down 4.7% from 2Q 2021). Net income: NT$19.1m (down 77% from 2Q 2021). Profit margin: 2.1% (down from 8.8% in 2Q 2021). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 16
Upcoming dividend of NT$1.60 per share Eligible shareholders must have bought the stock before 23 June 2022. Payment date: 12 July 2022. Payout ratio is a comfortable 52% and the cash payout ratio is 99%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (5.9%). Reported Earnings • May 17
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: NT$0.64 (up from NT$0.61 in 1Q 2021). Revenue: NT$992.7m (up 20% from 1Q 2021). Net income: NT$58.1m (up 3.9% from 1Q 2021). Profit margin: 5.9% (down from 6.7% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Tillkännagivande • Apr 02
Yonyu Plastics Co., Ltd., Annual General Meeting, Jun 22, 2022 Yonyu Plastics Co., Ltd., Annual General Meeting, Jun 22, 2022. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: NT$3.04 (down from NT$3.20 in FY 2020). Revenue: NT$3.80b (up 12% from FY 2020). Net income: NT$276.3m (down 4.9% from FY 2020). Profit margin: 7.3% (down from 8.5% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 5.5%. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Reported Earnings • Nov 13
Third quarter 2021 earnings released: EPS NT$0.74 (vs NT$0.64 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$992.4m (up 19% from 3Q 2020). Net income: NT$91.6m (up 57% from 3Q 2020). Profit margin: 9.2% (up from 7.0% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 1% per year. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS NT$0.91 (vs NT$1.01 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$940.3m (up 5.1% from 2Q 2020). Net income: NT$83.0m (down 9.4% from 2Q 2020). Profit margin: 8.8% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. Upcoming Dividend • Jul 02
Upcoming dividend of NT$1.60 per share Eligible shareholders must have bought the stock before 09 July 2021. Payment date: 26 July 2021. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.9%). Reported Earnings • Mar 03
Full year 2020 earnings released: EPS NT$3.20 (vs NT$3.18 in FY 2019) The company reported a mediocre full year result with weaker revenues, although earnings were flat and profit margins improved. Full year 2020 results: Revenue: NT$3.41b (down 6.4% from FY 2019). Net income: NT$290.6m (flat on FY 2019). Profit margin: 8.5% (up from 7.9% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Mar 03
New 90-day high: NT$33.30 The company is up 1.0% from its price of NT$32.95 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Packaging industry, which is down 1.0% over the same period. Is New 90 Day High Low • Jan 19
New 90-day low: NT$32.30 The company is down 2.0% from its price of NT$33.05 on 21 October 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is down 1.0% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS NT$0.64 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$831.4m (down 11% from 3Q 2019). Net income: NT$58.5m (down 24% from 3Q 2019). Profit margin: 7.0% (down from 8.3% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has remained flat. Is New 90 Day High Low • Nov 03
New 90-day low: NT$32.60 The company is down 1.0% from its price of NT$33.00 on 05 August 2020. The Taiwanese market is also down 1.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Packaging industry, which is up 21% over the same period.