Reported Earnings • May 17
First quarter 2026 earnings released: EPS: NT$9.00 (vs NT$0.33 in 1Q 2025) First quarter 2026 results: EPS: NT$9.00 (up from NT$0.33 in 1Q 2025). Revenue: NT$1.45b (up 37% from 1Q 2025). Net income: NT$2.81b (up NT$2.71b from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 21
Full year 2025 earnings released: EPS: NT$4.11 (vs NT$2.90 in FY 2024) Full year 2025 results: EPS: NT$4.11 (up from NT$2.90 in FY 2024). Revenue: NT$4.73b (up 12% from FY 2024). Net income: NT$1.23b (up 42% from FY 2024). Profit margin: 26% (up from 21% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 13% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Mar 16
Shinkong Textile Co., Ltd., Annual General Meeting, Jun 12, 2026 Shinkong Textile Co., Ltd., Annual General Meeting, Jun 12, 2026, at 09:00 Taipei Standard Time. Location: 8 floor no,15, sec.2 chien kuo n. rd., taipei city Taiwan Buy Or Sell Opportunity • Feb 03
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to NT$70.50. The fair value is estimated to be NT$57.99, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 18%. Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$67.10, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 80% over the past three years. Buy Or Sell Opportunity • Jan 19
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 31% to NT$75.50. The fair value is estimated to be NT$62.64, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 18%. Valuation Update With 7 Day Price Move • Nov 24
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$74.00, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 19x in the Luxury industry in Taiwan. Total returns to shareholders of 108% over the past three years. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: NT$1.96 (vs NT$0.80 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.96 (up from NT$0.80 in 3Q 2024). Revenue: NT$1.25b (up 10% from 3Q 2024). Net income: NT$585.9m (up 145% from 3Q 2024). Profit margin: 47% (up from 21% in 3Q 2024). The increase in margin was primarily 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 increased by 19% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$65.30, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the Luxury industry in Taiwan. Total returns to shareholders of 85% over the past three years. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$1.09 (vs NT$0.71 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.09 (up from NT$0.71 in 2Q 2024). Revenue: NT$936.8m (up 5.5% from 2Q 2024). Net income: NT$324.8m (up 52% from 2Q 2024). Profit margin: 35% (up from 24% in 2Q 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Declared Dividend • Jul 10
Dividend increased to NT$1.50 Dividend of NT$1.50 is 25% higher than last year. Ex-date: 24th July 2025 Payment date: 22nd August 2025 Dividend yield will be 2.6%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (51% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. New Risk • Jul 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.3% average weekly change). Minor Risk Paying a dividend despite having no free cash flows. New Risk • May 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 34% After last week's 34% share price gain to NT$57.60, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 51% over the past three years. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.33 (vs NT$0.30 in 1Q 2024) First quarter 2025 results: EPS: NT$0.33 (up from NT$0.30 in 1Q 2024). Revenue: NT$1.06b (up 24% from 1Q 2024). Net income: NT$98.7m (up 10.0% from 1Q 2024). Profit margin: 9.3% (down from 10% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Duyuru • May 06
Shinkong Textile Co., Ltd. to Report Q1, 2025 Results on May 13, 2025 Shinkong Textile Co., Ltd. announced that they will report Q1, 2025 results on May 13, 2025 Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: NT$2.90 (vs NT$2.17 in FY 2023) Full year 2024 results: EPS: NT$2.90 (up from NT$2.17 in FY 2023). Revenue: NT$4.21b (up 25% from FY 2023). Net income: NT$869.0m (up 34% from FY 2023). Profit margin: 21% (up from 19% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Duyuru • Mar 04
Shinkong Textile Co., Ltd. to Report Q4, 2024 Results on Mar 11, 2025 Shinkong Textile Co., Ltd. announced that they will report Q4, 2024 results on Mar 11, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$0.80 (vs NT$0.97 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.80 (down from NT$0.97 in 3Q 2023). Revenue: NT$1.14b (up 39% from 3Q 2023). Net income: NT$239.6m (down 17% from 3Q 2023). Profit margin: 21% (down from 36% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Nov 05
Shinkong Textile Co., Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Shinkong Textile Co., Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Buy Or Sell Opportunity • Nov 01
Now 23% overvalued Over the last 90 days, the stock has fallen 2.7% to NT$47.15. The fair value is estimated to be NT$38.39, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 9.7%. Buy Or Sell Opportunity • Sep 12
Now 22% overvalued Over the last 90 days, the stock has fallen 3.7% to NT$46.75. The fair value is estimated to be NT$38.34, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 9.7%. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.71 (vs NT$0.56 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.71 (up from NT$0.56 in 2Q 2023). Revenue: NT$888.2m (up 30% from 2Q 2023). Net income: NT$213.4m (up 27% from 2Q 2023). Profit margin: 24% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Duyuru • Aug 03
Shinkong Textile Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024 Shinkong Textile Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024 Upcoming Dividend • Jul 04
Upcoming dividend of NT$1.20 per share Eligible shareholders must have bought the stock before 11 July 2024. Payment date: 08 August 2024. Payout ratio is a comfortable 55% but the company is paying out more than the cash it is generating. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.1%). Duyuru • Jun 26
Shinkong Textile Co., Ltd. Approves the Dividend, Payable on August 8, 2024 Shinkong Textile Co. Ltd. approved the dividend of TWD 1.2 per share. Ex-rights (ex-dividend) trading date is July 11, 2024. Ex-rights (ex-dividend) record date is July 18, 2024. Payment date of cash dividend distribution is August 8, 2024. Duyuru • Jun 14
Shinkong Textile Co.,Ltd's Subsidiary Shinkong Asset Management Co., Ltd. Announces Change of President Shinkong Textile Co.,Ltd's subsidiary Shinkong Asset Management Co. Ltd. announced change of President. Resume of the previous position holder: Hsing-En Wu, Chairman of Shinkong Textile Co. Ltd. Resume of the new position holder: Kuo-Hua Chao, Vice President of Shinkong Asset Management Co. Ltd. Effective date of the new appointment: June 12, 2024. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.30 in 1Q 2023) First quarter 2024 results: EPS: NT$0.30 (down from NT$0.30 in 1Q 2023). Revenue: NT$861.6m (up 3.9% from 1Q 2023). Net income: NT$89.7m (flat on 1Q 2023). Profit margin: 10% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Duyuru • May 08
Shinkong Textile Co.,Ltd to Report Q1, 2024 Results on May 14, 2024 Shinkong Textile Co.,Ltd announced that they will report Q1, 2024 results on May 14, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$2.17 (vs NT$6.92 in FY 2022) Full year 2023 results: EPS: NT$2.17 (down from NT$6.92 in FY 2022). Revenue: NT$3.38b (up 1.0% from FY 2022). Net income: NT$648.9m (down 69% from FY 2022). Profit margin: 19% (down from 62% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 09
Shinkong Textile Co.,Ltd, Annual General Meeting, May 28, 2024 Shinkong Textile Co.,Ltd, Annual General Meeting, May 28, 2024, at 09:00 Taipei Standard Time. Location: 8/F, No. 15, Section 2, Jianguo North Road, Taipei City Taipei Taiwan Agenda: To consider 2023 Business Report; to Audit Committee's Review Report; to Report on the Distribution of Remuneration to Employees and Directors of 2023 ; to Report on Distribution of Earnings in Cash Dividends of 2023 ; to Ratification of 2023 Business Report and Financial Statements; to Ratification of 2023 Earnings Distribution; and to consider other matters if any. Reported Earnings • Aug 17
Second quarter 2023 earnings released: EPS: NT$0.56 (vs NT$0.94 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.56 (down from NT$0.94 in 2Q 2022). Revenue: NT$683.0m (down 4.3% from 2Q 2022). Net income: NT$167.7m (down 41% from 2Q 2022). Profit margin: 25% (down from 40% in 2Q 2022). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 17
Upcoming dividend of NT$1.50 per share at 3.4% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (4.5%). Duyuru • Aug 09
Shinkong Textile Co., Ltd. Announces Cash Dividend, Payable on September 22, 2023 Shinkong Textile Co., Ltd. announced dividend of TWD 1.5 per share. Ex-rights (ex-dividend) trading date is August 24, 2023. Ex-rights (ex-dividend) record date is September 1, 2023. Payment date of cash dividend distribution is September 22, 2023. Duyuru • Jun 07
Shinkong Textile Co., Ltd. Appoints Chi-Yen Liang as Remuneration Committee Member Shinkong Textile Co., Ltd. announced the Newly Appointed Members of the Sixth Compensation Committee of the Company. Name of the functional committees: Remuneration committee. The company appointed Chi-Yen Liang as Remuneration Committee Member. Effective date of the new member is June 6, 2023. Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: NT$6.92 (vs NT$1.51 in FY 2021) Full year 2022 results: EPS: NT$6.92 (up from NT$1.51 in FY 2021). Revenue: NT$3.35b (up 22% from FY 2021). Net income: NT$2.07b (up 359% from FY 2021). Profit margin: 62% (up from 16% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$0.88 (vs NT$1.02 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.88 (down from NT$1.02 in 3Q 2021). Revenue: NT$932.3m (up 44% from 3Q 2021). Net income: NT$264.0m (down 13% from 3Q 2021). Profit margin: 28% (down from 47% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Wei-Kan Chen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.94 (vs NT$0.10 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.94 (up from NT$0.10 in 2Q 2021). Revenue: NT$713.6m (up 13% from 2Q 2021). Net income: NT$282.1m (up NT$251.9m from 2Q 2021). Profit margin: 40% (up from 4.8% in 2Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Aug 04
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 11 August 2022. Payment date: 07 September 2022. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (6.7%). Lower than average of industry peers (4.2%). Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$4.77 (vs NT$0.22 in 1Q 2021) First quarter 2022 results: EPS: NT$4.77 (up from NT$0.22 in 1Q 2021). Revenue: NT$749.4m (up 36% from 1Q 2021). Net income: NT$1.43b (up NT$1.36b from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Duyuru • May 14
Shinkong Textile Co., Ltd. Appoints Chang, Jui-Nan as President Shinkong Textile Co., Ltd. announced the name of the new position holder Chang, Jui-Nan, resume of the new position holder Executive Vice President of Ruentex Industries Limited. as president. Effective date of the new appointment is May 16, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Mao-Jung Wang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: NT$1.51 (vs NT$1.22 in FY 2020) Full year 2021 results: EPS: NT$1.51 (up from NT$1.22 in FY 2020). Revenue: NT$2.75b (up 28% from FY 2020). Net income: NT$450.9m (up 24% from FY 2020). Profit margin: 16% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Duyuru • Mar 23
Shinkong Textile Co., Ltd., Annual General Meeting, Jun 10, 2022 Shinkong Textile Co., Ltd., Annual General Meeting, Jun 10, 2022, at 09:00 Taipei Standard Time. Location: 8/F, No. 15, Section 2, Jianguo North Road, Taipei City (Shinkong Insurance Tower) Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider Audit Committee's Review Report; to consider Report on the Distribution of Remuneration to Employees and Directors of 2021; to consider Report on Distribution of Earnings in Cash Dividends of 2021; and to consider other matters. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.84 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$648.1m (up 38% from 3Q 2020). Net income: NT$304.3m (up 21% from 3Q 2020). Profit margin: 47% (down from 54% in 3Q 2020). The decrease in margin was driven by higher 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 1% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$0.10 (vs NT$0.038 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$634.3m (up 48% from 2Q 2020). Net income: NT$30.2m (up 166% from 2Q 2020). Profit margin: 4.8% (up from 2.6% in 2Q 2020). The increase in margin was driven by higher revenue. 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. Upcoming Dividend • Jul 29
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 05 August 2021. Payment date: 03 September 2021. Trailing yield: 2.4%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (2.5%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.22 (vs NT$0.048 in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$549.9m (down 3.0% from 1Q 2020). Net income: NT$65.2m (up 352% from 1Q 2020). Profit margin: 12% (up from 2.5% in 1Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS NT$1.22 (vs NT$1.30 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$2.15b (up 3.1% from FY 2019). Net income: NT$365.0m (down 5.8% from FY 2019). Profit margin: 17% (down from 19% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 20
New 90-day low: NT$41.00 The company is down 8.0% from its price of NT$44.50 on 22 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 16
New 90-day low: NT$41.40 The company is down 10.0% from its price of NT$46.00 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 3.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.84 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$470.5m (down 7.4% from 3Q 2019). Net income: NT$252.1m (down 12% from 3Q 2019). Profit margin: 54% (down from 57% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. 