Reported Earnings • May 21
First quarter 2026 earnings released: EPS: NT$2.59 (vs NT$3.16 in 1Q 2025) First quarter 2026 results: EPS: NT$2.59 (down from NT$3.16 in 1Q 2025). Revenue: NT$418.6m (down 36% from 1Q 2025). Net income: NT$2.71b (down 18% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$9.29 (vs NT$13.00 in FY 2024) Full year 2025 results: EPS: NT$9.29 (down from NT$13.00 in FY 2024). Revenue: NT$2.42b (down 16% from FY 2024). Net income: NT$9.70b (down 28% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Duyuru • Feb 11
Ruentex Industries Ltd., Annual General Meeting, May 26, 2026 Ruentex Industries Ltd., Annual General Meeting, May 26, 2026. Location: 3 floor no,260, sec.2 pa to rd., jhongshan district, taipei city Taiwan Reported Earnings • Nov 18
Third quarter 2025 earnings released: EPS: NT$2.70 (vs NT$3.20 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.70 (down from NT$3.20 in 3Q 2024). Revenue: NT$666.3m (down 5.5% from 3Q 2024). Net income: NT$2.81b (down 16% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 15
Second quarter 2025 earnings released: EPS: NT$0.86 (vs NT$3.65 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.86 (down from NT$3.65 in 2Q 2024). Revenue: NT$631.3m (down 1.7% from 2Q 2024). Net income: NT$893.3m (down 77% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 31% 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. Declared Dividend • Jul 03
Dividend of NT$2.50 announced Shareholders will receive a dividend of NT$2.50. Ex-date: 17th July 2025 Payment date: 8th August 2025 Dividend yield will be 4.4%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by earnings (33% 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 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 63% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.7% EPS decline seen over the last 5 years. Duyuru • May 29
Ruentex Industries Ltd. Approves Board Elections Ruentex Industries Ltd. announced that at its AGM held on May 28, 2025, the shareholders approved election of Director, KAO, YUEH-MEI; Director, CHEN, CHIAO-CHING. New Risk • May 15
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$3.16 (vs NT$4.28 in 1Q 2024) First quarter 2025 results: EPS: NT$3.16 (down from NT$4.28 in 1Q 2024). Revenue: NT$649.0m (down 7.6% from 1Q 2024). Net income: NT$3.30b (down 26% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Duyuru • Apr 29
Ruentex Industries Ltd. to Report Q1, 2025 Results on May 14, 2025 Ruentex Industries Ltd. announced that they will report Q1, 2025 results on May 14, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$49.25, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total loss to shareholders of 46% over the past three years. Reported Earnings • Mar 18
Full year 2024 earnings released: EPS: NT$13.00 (vs NT$7.19 in FY 2023) Full year 2024 results: EPS: NT$13.00 (up from NT$7.19 in FY 2023). Revenue: NT$2.89b (up 7.9% from FY 2023). Net income: NT$13.6b (up 81% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Duyuru • Mar 14
Ruentex Industries Ltd., Annual General Meeting, May 28, 2025 Ruentex Industries Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,260, sec.2 pa to rd., jhongshan district, taipei city Taiwan Duyuru • Mar 04
Ruentex Industries Ltd. Announces Board Resignations, Effective May 27, 2025 Ruentex Industries Ltd. announced Director resignations. Title and name of the previous position holder: Run Tai Sing Co. Ltd. Representative: Yin, Chung-Yao Run Tai Sing Co. Ltd. Representative: Lee, Tien-Chien. Resume of the previous position holder: Yin, Chung-Yao, Chairman of Nan Shan Life Insurance Co. Ltd. Lee, Tien-Chien, Vice President of Ruentex Industries Ltd. The company received the letter of resignation on March 3, 2025 and the effective date of resignation is May 27, 2025. Duyuru • Feb 08
Ruentex Industries Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025 Ruentex Industries Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025 Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$3.20 (vs NT$6.28 in 3Q 2023) Third quarter 2024 results: EPS: NT$3.20 (down from NT$6.28 in 3Q 2023). Revenue: NT$704.9m (up 4.0% from 3Q 2023). Net income: NT$3.33b (down 49% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Duyuru • Oct 27
Ruentex Industries Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Ruentex Industries Ltd. announced that they will report Q3, 2024 results on Nov 12, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$3.64 (vs NT$4.33 in 2Q 2023) Second quarter 2024 results: EPS: NT$3.64 (down from NT$4.33 in 2Q 2023). Revenue: NT$642.5m (down 5.5% from 2Q 2023). Net income: NT$3.80b (down 16% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Aug 03
Ruentex Industries Ltd. Announces the Change in Institutional Director Ruentex Industries Ltd. announced the change in representative of the Company's institutional director. The company appointed Tsai Shun-Fa, Assistant Vice President of Ruentex Development Co. Ltd. as institutional director in place of Yen, Tien-Cheng, Vice President of Ruentex Development Co. Ltd. Reason for the change: Shu-Tien Urology and Ophthalmology Clinic assigned. Original term is June 27, 2024 to June 26, 2027. Effective date of the new appointment is August 2, 2024. Duyuru • Jul 27
Ruentex Industries Ltd. to Report Q2, 2024 Results on Aug 13, 2024 Ruentex Industries Ltd. announced that they will report Q2, 2024 results on Aug 13, 2024 Declared Dividend • Jul 12
Dividend of NT$2.50 announced Shareholders will receive a dividend of NT$2.50. Ex-date: 29th July 2024 Payment date: 20th August 2024 Dividend yield will be 3.1%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (22% 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 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 75% to shift the payout ratio to a potentially unsustainable range, which is more than the 3.9% EPS decline seen over the last 5 years. Duyuru • Jul 11
Ruentex Industries Ltd. Announces Changes to Sixth Remuneration Committee Ruentex Industries Ltd. appointed Chen, Miao-Fang,, Vice financial manager of MangerKwanghua Securities Investment & Trust Co., LTD. Financial manager of Ruentex Construction & Engineering Co. Ltd. to Sixth Remuneration Committee in place of Wang, Tay-Chang. Effective date of the new member on July 10, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$4.28 (vs NT$0.14 in 1Q 2023) First quarter 2024 results: EPS: NT$4.28 (up from NT$0.14 in 1Q 2023). Revenue: NT$702.4m (down 6.4% from 1Q 2023). Net income: NT$4.47b (up NT$4.33b from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • May 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$73.30, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 25x in the Luxury industry in Taiwan. Total returns to shareholders of 38% over the past three years. Duyuru • Apr 28
Ruentex Industries Ltd. to Report Q1, 2024 Results on May 13, 2024 Ruentex Industries Ltd. announced that they will report Q1, 2024 results on May 13, 2024 Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$7.19 (vs NT$15.55 in FY 2022) Full year 2023 results: EPS: NT$7.19 (down from NT$15.55 in FY 2022). Revenue: NT$2.68b (down 6.7% from FY 2022). Net income: NT$7.50b (down 38% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 25% 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. Duyuru • Mar 16
Ruentex Industries Ltd., Annual General Meeting, Jun 27, 2024 Ruentex Industries Ltd., Annual General Meeting, Jun 27, 2024. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$6.28 (vs NT$10.53 in 3Q 2022) Third quarter 2023 results: EPS: NT$6.28 (down from NT$10.53 in 3Q 2022). Revenue: NT$677.7m (flat on 3Q 2022). Net income: NT$6.56b (down 11% from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$4.33 (vs NT$8.61 in 2Q 2022) Second quarter 2023 results: EPS: NT$4.33 (down from NT$8.61 in 2Q 2022). Revenue: NT$680.1m (down 16% from 2Q 2022). Net income: NT$4.52b (down 24% from 2Q 2022). 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 7% per year. Upcoming Dividend • Aug 03
Upcoming dividend of NT$2.00 per share at 8.0% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 31 August 2023. Payout ratio is a comfortable 20% but the company is not cash flow positive. Trailing yield: 8.0%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%). Reported Earnings • Mar 18
Full year 2022 earnings released: EPS: NT$15.55 (vs NT$22.49 in FY 2021) Full year 2022 results: EPS: NT$15.55 (down from NT$22.49 in FY 2021). Revenue: NT$2.87b (up 6.6% from FY 2021). Net income: NT$12.2b (down 22% from FY 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Dec 28
Ruentex Industries Ltd. Announces the Appointment of Alpha Huang as Chief Information Security Officer Ruentex Industries Ltd. announced the appointment of Alpha Huang, Vice President of IT Department as Chief Information Security Officer, Effective December 27, 2022. 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. 6 non-independent directors. Independent Director Shou-Jen Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$10.53 (vs NT$5.66 in 3Q 2021) Third quarter 2022 results: EPS: NT$10.53 (up from NT$5.66 in 3Q 2021). Revenue: NT$677.0m (down 6.2% from 3Q 2021). Net income: NT$7.37b (up 88% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Nov 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be NT$69.39, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 16% over the last 3 years. Earnings per share has grown by 22%. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$55.20, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 21% over the past three years. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$8.61 (vs NT$4.90 in 2Q 2021) Second quarter 2022 results: EPS: NT$8.61 (up from NT$4.90 in 2Q 2021). Revenue: NT$813.3m (up 16% from 2Q 2021). Net income: NT$5.96b (up 76% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 02
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 09 August 2022. Payment date: 29 August 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 7.6%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.1%). Buying Opportunity • Jul 21
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be NT$87.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has grown by 19%. Duyuru • Jun 25
Ruentex Industries Ltd. Approves Cash Dividend for the Year 2021 Ruentex Industries Ltd. held its shareholders meeting on June 23, 2022, approved cash dividend of TWD 5 per share for the year 2021. Duyuru • Jun 11
Ruentex Industries Ltd. Announces Resignation of Tseng, Jung-Hsiu as Member of the Remuneration Committee Ruentex Industries Ltd. announced resignation of Tseng, Jung-Hsiu as member of the Remuneration Committee. Date of occurrence of the change is June 10, 2022. Resume of the previous position holder: Independent Director of Nan Shan General Insurance Co. Ltd. Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$6.19 (vs NT$9.85 in 1Q 2021) First quarter 2022 results: EPS: NT$6.19 (down from NT$9.85 in 1Q 2021). Revenue: NT$725.2m (up 13% from 1Q 2021). Net income: NT$4.28b (down 37% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 16% per year. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorated over the past week After last week's 21% share price decline to NT$91.00, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 18x in the Luxury industry in Taiwan. Total returns to shareholders of 101% over the past three years. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. No highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Su-Ming Lin was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 17
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: NT$22.49 (up from NT$11.42 in FY 2020). Revenue: NT$2.70b (down 1.5% from FY 2020). Net income: NT$15.6b (up 97% from FY 2020). Revenue missed analyst estimates by 28%. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$5.66 (vs NT$5.46 in 3Q 2020) Third quarter 2021 results: Revenue: NT$721.7m (up 26% from 3Q 2020). Net income: NT$3.91b (up 3.5% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% 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 27
Investor sentiment improved over the past week After last week's 17% share price gain to NT$104, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 106% over the past three years. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$121, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 17x in the Luxury industry in Taiwan. Total returns to shareholders of 50% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 17% share price gain to NT$117, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 16x in the Luxury industry in Taiwan. Total returns to shareholders of 51% over the past three years. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$6.37 (vs NT$2.02 in 2Q 2020) Second quarter 2021 results: Revenue: NT$700.9m (down 18% from 2Q 2020). Net income: NT$3.39b (up 215% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 19% 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. Upcoming Dividend • Jul 27
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 03 August 2021. Payment date: 20 August 2021. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Lower than average of industry peers (2.4%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$12.80 (vs NT$5.61 in 1Q 2020) First quarter 2021 results: Revenue: NT$642.5m (down 7.9% from 1Q 2020). Net income: NT$6.81b (up 128% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: EPS NT$14.85 (vs NT$16.52 in FY 2019) Full year 2020 results: Revenue: NT$2.74b (down 22% from FY 2019). Net income: NT$7.91b (down 10% from FY 2019). Over the last 3 years on average, earnings per share has fallen by 32% 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 • Feb 19
New 90-day high: NT$72.30 The company is up 5.0% from its price of NT$68.80 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 05
New 90-day high: NT$71.00 The company is up 9.0% from its price of NT$65.20 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Luxury industry, which is up 7.0% over the same period. Is New 90 Day High Low • Nov 30
New 90-day high: NT$69.60 The company is up 2.0% from its price of NT$68.30 on 01 September 2020. The Taiwanese market is up 10.0% 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$7.10 Third quarter 2020 results: Revenue: NT$575.1m (down 26% from 3Q 2019). Net income: NT$3.78b (down 10% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Duyuru • Oct 18
Ruentex Industries Limited's Ordinary Shares to Be Deleted from Other OTC Ruentex Industries Limited (TSEC:2915)'s Ordinary Shares (Taiwan) will be deleted from other OTC effective from October 19, 2020 due to Inactive Security. 