Kenda Rubber Industrial Co. Ltd. Logo

Kenda Rubber Industrial Co. Ltd.

2106.TW

(0.8)
Stock Price

28,90 TWD

3.76% ROA

8.66% ROE

16.96x PER

Market Cap.

29.410.612.000,00 TWD

84.34% DER

3.25% Yield

4.97% NPM

Kenda Rubber Industrial Co. Ltd. Stock Analysis

Kenda Rubber Industrial Co. Ltd. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Kenda Rubber Industrial Co. Ltd. Fundamental Stock Analysis
# Analysis Rating
1 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

2 PBV

The stock's PBV ratio (1.65x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

3 ROE

The stock's ROE indicates a negative return (-1.56%) on shareholders' equity, suggesting poor financial performance.

4 ROA

The stock's ROA (-0.69%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

5 DER

The stock is burdened with a heavy load of debt (107%), making it financially unstable and potentially risky for investors.

6 Revenue Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

7 Net Profit Growth

The net profit of this company has shown no signs of growth over the last five years, suggesting limited profitability and making it a less attractive investment opportunity.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

10 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

11 Buffet Intrinsic Value

Based on Warren Buffett's formula, the company's stock seems overpriced (-6.064), indicating a potential drawback for investors as its market price exceeds its estimated intrinsic value.

Kenda Rubber Industrial Co. Ltd. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Kenda Rubber Industrial Co. Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Buy

Kenda Rubber Industrial Co. Ltd. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Kenda Rubber Industrial Co. Ltd. Revenue
Year Revenue Growth
2006 14.458.215.000
2007 18.461.745.000 21.69%
2008 21.062.366.000 12.35%
2009 19.324.885.000 -8.99%
2010 23.727.582.000 18.56%
2011 27.791.698.000 14.62%
2012 29.343.147.000 5.29%
2013 32.450.584.000 9.58%
2014 33.292.513.000 2.53%
2015 31.239.954.000 -6.57%
2016 29.493.628.000 -5.92%
2017 30.532.686.000 3.4%
2018 31.526.206.000 3.15%
2019 32.127.436.000 1.87%
2020 30.260.185.000 -6.17%
2021 34.896.128.000 13.28%
2022 38.617.881.000 9.64%
2023 35.822.984.000 -7.8%
2023 34.443.676.000 -4%
2024 36.486.940.000 5.6%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Kenda Rubber Industrial Co. Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 249.112.000 100%
2010 317.636.000 21.57%
2011 366.256.000 13.27%
2012 494.996.000 26.01%
2013 513.014.000 3.51%
2014 701.856.000 26.91%
2015 1.051.598.000 33.26%
2016 1.141.542.000 7.88%
2017 1.192.307.000 4.26%
2018 1.278.152.000 6.72%
2019 1.403.681.000 8.94%
2020 1.326.430.000 -5.82%
2021 1.451.484.000 8.62%
2022 1.490.297.000 2.6%
2023 1.542.292.000 3.37%
2023 1.489.427.000 -3.55%
2024 1.659.148.000 10.23%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Kenda Rubber Industrial Co. Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 504.995.000
2007 593.083.000 14.85%
2008 493.920.000 -20.08%
2009 487.250.000 -1.37%
2010 517.389.000 5.83%
2011 554.062.000 6.62%
2012 595.676.000 6.99%
2013 1.013.856.000 41.25%
2014 946.668.000 -7.1%
2015 1.025.743.000 7.71%
2016 1.015.723.000 -0.99%
2017 1.165.009.000 12.81%
2018 1.224.306.000 4.84%
2019 1.356.141.000 9.72%
2020 1.216.493.000 -11.48%
2021 1.306.051.000 6.86%
2022 1.378.017.000 5.22%
2023 1.495.980.000 7.89%
2023 1.486.730.000 -0.62%
2024 1.610.316.000 7.67%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Kenda Rubber Industrial Co. Ltd. EBITDA
Year EBITDA Growth
2006 1.290.736.000
2007 1.639.170.000 21.26%
2008 1.699.664.000 3.56%
2009 4.275.835.000 60.25%
2010 2.956.324.000 -44.63%
2011 2.782.609.000 -6.24%
2012 4.413.743.000 36.96%
2013 5.429.935.000 18.71%
2014 5.854.719.000 7.26%
2015 5.616.884.000 -4.23%
2016 5.077.842.000 -10.62%
2017 1.965.096.000 -158.4%
2018 2.655.938.000 26.01%
2019 3.125.841.000 15.03%
2020 3.055.437.000 -2.3%
2021 3.442.998.000 11.26%
2022 2.935.315.000 -17.3%
2023 4.764.400.000 38.39%
2023 3.107.655.000 -53.31%
2024 3.699.656.000 16%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Kenda Rubber Industrial Co. Ltd. Gross Profit
Year Gross Profit Growth
2006 2.057.509.000
2007 2.825.558.000 27.18%
2008 2.868.019.000 1.48%
2009 5.419.377.000 47.08%
2010 4.515.326.000 -20.02%
2011 4.424.892.000 -2.04%
2012 6.439.907.000 31.29%
2013 8.087.588.000 20.37%
2014 8.805.710.000 8.16%
2015 8.588.260.000 -2.53%
2016 7.971.783.000 -7.73%
2017 6.062.143.000 -31.5%
2018 5.654.629.000 -7.21%
2019 6.556.753.000 13.76%
2020 7.349.973.000 10.79%
2021 7.149.782.000 -2.8%
2022 5.670.447.000 -26.09%
2023 7.878.660.000 28.03%
2023 6.240.185.000 -26.26%
2024 7.514.424.000 16.96%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Kenda Rubber Industrial Co. Ltd. Net Profit
Year Net Profit Growth
2006 414.078.000
2007 490.396.000 15.56%
2008 432.025.000 -13.51%
2009 2.492.091.000 82.66%
2010 1.544.462.000 -61.36%
2011 3.019.400.000 48.85%
2012 2.643.952.000 -14.2%
2013 3.237.744.000 18.34%
2014 3.677.419.000 11.96%
2015 3.466.978.000 -6.07%
2016 3.092.443.000 -12.11%
2017 328.967.000 -840.05%
2018 689.167.000 52.27%
2019 1.013.562.000 32.01%
2020 972.225.000 -4.25%
2021 917.933.000 -5.91%
2022 338.151.000 -171.46%
2023 1.720.264.000 80.34%
2023 880.982.000 -95.27%
2024 1.701.716.000 48.23%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Kenda Rubber Industrial Co. Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 1 0%
2008 0 0%
2009 3 100%
2010 2 -100%
2011 3 66.67%
2012 3 -50%
2013 4 33.33%
2014 4 0%
2015 4 0%
2016 3 0%
2017 0 0%
2018 1 0%
2019 1 100%
2020 1 0%
2021 1 0%
2022 0 0%
2023 2 100%
2023 1 0%
2024 2 100%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Kenda Rubber Industrial Co. Ltd. Free Cashflow
Year Free Cashflow Growth
2006 -215.375.000
2007 644.692.000 133.41%
2008 -324.595.000 298.61%
2009 4.478.050.000 107.25%
2010 -415.489.000 1177.78%
2011 -1.557.073.000 73.32%
2012 2.878.287.000 154.1%
2013 3.647.107.000 21.08%
2014 3.358.887.000 -8.58%
2015 3.813.585.000 11.92%
2016 2.434.212.000 -56.67%
2017 -3.589.093.000 167.82%
2018 158.693.000 2361.66%
2019 -1.697.124.000 109.35%
2020 1.437.859.000 218.03%
2021 -3.268.744.000 143.99%
2022 -455.830.000 -617.1%
2023 4.732.081.000 109.63%
2023 1.407.221.000 -236.27%
2024 732.516.999 -92.11%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Kenda Rubber Industrial Co. Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 390.262.000
2007 1.355.619.000 71.21%
2008 767.329.000 -76.67%
2009 5.092.899.000 84.93%
2010 917.364.000 -455.17%
2011 -59.826.000 1633.39%
2012 4.704.400.000 101.27%
2013 4.586.761.000 -2.56%
2014 4.159.494.000 -10.27%
2015 5.539.593.000 24.91%
2016 4.475.407.000 -23.78%
2017 -651.273.000 787.18%
2018 2.074.742.000 131.39%
2019 1.379.353.000 -50.41%
2020 2.789.179.000 50.55%
2021 -1.141.274.000 344.39%
2022 1.462.156.000 178.05%
2023 5.685.087.000 74.28%
2023 1.666.281.000 -241.18%
2024 1.070.377.999 -55.67%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Kenda Rubber Industrial Co. Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 605.637.000
2007 710.927.000 14.81%
2008 1.091.924.000 34.89%
2009 614.849.000 -77.59%
2010 1.332.853.000 53.87%
2011 1.497.247.000 10.98%
2012 1.826.113.000 18.01%
2013 939.654.000 -94.34%
2014 800.607.000 -17.37%
2015 1.726.008.000 53.62%
2016 2.041.195.000 15.44%
2017 2.937.820.000 30.52%
2018 1.916.049.000 -53.33%
2019 3.076.477.000 37.72%
2020 1.351.320.000 -127.66%
2021 2.127.470.000 36.48%
2022 1.917.986.000 -10.92%
2023 953.006.000 -101.26%
2023 259.060.000 -267.87%
2024 337.861.000 23.32%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Kenda Rubber Industrial Co. Ltd. Equity
Year Equity Growth
2006 6.289.451.000
2007 7.152.804.000 12.07%
2008 8.225.483.000 13.04%
2009 10.303.658.000 20.17%
2010 10.383.553.000 0.77%
2011 13.235.470.000 21.55%
2012 14.747.895.000 10.26%
2013 16.812.666.000 12.28%
2014 20.172.835.000 16.66%
2015 21.686.385.000 6.98%
2016 21.540.646.000 -0.68%
2017 19.197.812.000 -12.2%
2018 19.016.100.000 -0.96%
2019 18.782.768.000 -1.24%
2020 19.109.727.000 1.71%
2021 18.737.788.000 -1.98%
2022 19.382.396.000 3.33%
2023 19.573.421.000 0.98%
2023 20.071.093.000 2.48%
2024 20.552.420.000 2.34%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Kenda Rubber Industrial Co. Ltd. Assets
Year Assets Growth
2006 13.759.252.000
2007 15.913.585.000 13.54%
2008 17.188.382.000 7.42%
2009 18.355.274.000 6.36%
2010 20.155.528.000 8.93%
2011 24.350.380.000 17.23%
2012 26.368.455.000 7.65%
2013 32.398.553.000 18.61%
2014 38.428.868.000 15.69%
2015 40.824.560.000 5.87%
2016 41.877.392.000 2.51%
2017 40.953.042.000 -2.26%
2018 40.149.478.000 -2%
2019 42.019.785.000 4.45%
2020 42.390.039.000 0.87%
2021 46.336.074.000 8.52%
2022 46.600.149.000 0.57%
2023 43.726.227.000 -6.57%
2023 45.878.991.000 4.69%
2024 46.170.957.000 0.63%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Kenda Rubber Industrial Co. Ltd. Liabilities
Year Liabilities Growth
2006 7.469.801.000
2007 8.760.781.000 14.74%
2008 8.962.899.000 2.26%
2009 8.051.616.000 -11.32%
2010 9.771.975.000 17.61%
2011 11.114.910.000 12.08%
2012 11.963.909.000 7.1%
2013 15.585.887.000 23.24%
2014 18.256.033.000 14.63%
2015 19.138.175.000 4.61%
2016 20.336.746.000 5.89%
2017 21.755.230.000 6.52%
2018 21.133.378.000 -2.94%
2019 23.237.017.000 9.05%
2020 23.280.312.000 0.19%
2021 27.598.286.000 15.65%
2022 27.217.753.000 -1.4%
2023 24.152.806.000 -12.69%
2023 25.807.898.000 6.41%
2024 25.618.537.000 -0.74%

Kenda Rubber Industrial Co. Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
36.56
Net Income per Share
1.82
Price to Earning Ratio
16.96x
Price To Sales Ratio
0.84x
POCF Ratio
6.38
PFCF Ratio
8.83
Price to Book Ratio
1.43
EV to Sales
1.12
EV Over EBITDA
9.31
EV to Operating CashFlow
8.47
EV to FreeCashFlow
11.72
Earnings Yield
0.06
FreeCashFlow Yield
0.11
Market Cap
29,41 Bil.
Enterprise Value
39,04 Bil.
Graham Number
29.66
Graham NetNet
-7.81

Income Statement Metrics

Net Income per Share
1.82
Income Quality
2.44
ROE
0.09
Return On Assets
0.04
Return On Capital Employed
0.07
Net Income per EBT
0.77
EBT Per Ebit
0.93
Ebit per Revenue
0.07
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.05
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.22
Operating Profit Margin
0.07
Pretax Profit Margin
0.06
Net Profit Margin
0.05

Dividends

Dividend Yield
0.03
Dividend Yield %
3.25
Payout Ratio
0.26
Dividend Per Share
1

Operating Metrics

Operating Cashflow per Share
4.83
Free CashFlow per Share
3.49
Capex to Operating CashFlow
0.28
Capex to Revenue
0.04
Capex to Depreciation
0.72
Return on Invested Capital
0.05
Return on Tangible Assets
0.04
Days Sales Outstanding
43.91
Days Payables Outstanding
33.22
Days of Inventory on Hand
132.74
Receivables Turnover
8.31
Payables Turnover
10.99
Inventory Turnover
2.75
Capex per Share
1.34

Balance Sheet

Cash per Share
10,53
Book Value per Share
21,52
Tangible Book Value per Share
21.52
Shareholders Equity per Share
21.52
Interest Debt per Share
18.71
Debt to Equity
0.84
Debt to Assets
0.38
Net Debt to EBITDA
2.3
Current Ratio
2.25
Tangible Asset Value
20,55 Bil.
Net Current Asset Value
-0,48 Bil.
Invested Capital
32075162000
Working Capital
13,96 Bil.
Intangibles to Total Assets
0
Average Receivables
4,13 Bil.
Average Payables
2,43 Bil.
Average Inventory
10113806500
Debt to Market Cap
0.59

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Kenda Rubber Industrial Co. Ltd. Dividends
Year Dividends Growth
2003 1
2004 0 0%
2005 0 0%
2009 0 0%
2010 1 0%
2011 1 100%
2012 1 0%
2013 1 100%
2014 2 0%
2015 2 0%
2016 2 50%
2017 2 -100%
2018 1 0%
2019 1 0%
2020 0 0%
2021 1 100%
2022 1 0%
2023 1 0%
2024 1 100%

Kenda Rubber Industrial Co. Ltd. Profile

About Kenda Rubber Industrial Co. Ltd.

Kenda Rubber Industrial Co. Ltd. designs, manufactures, and trades in tires in Taiwan. It offers automotive, bicycle, wheelchair, power sport, and turf/trailer/specialty tires. The company also provides inner tubes and tires for bicycles, scooters, industrial trucks, and cars, as well as various products of carbon fiber; and marketing planning services. It also manufactures and sells wheels and rims. Kenda Rubber Industrial Co. Ltd. was incorporated in 1962 and is based in Yuanlin, Taiwan.

CEO
Mr. Chao-Jung Chen
Employee
11.717
Address
No. 146, Zhongshan Road
Yuanlin, 510

Kenda Rubber Industrial Co. Ltd. Executives & BODs

Kenda Rubber Industrial Co. Ltd. Executives & BODs
# Name Age
1 Mr. Chao-Jung Chen
Director & President
70
2 Mr. Kuei-Chun Liu
Assistant Vice President of Finance & Finance Officer
70

Kenda Rubber Industrial Co. Ltd. Competitors