Tong Hsing Electronic Industries, Ltd. Logo

Tong Hsing Electronic Industries, Ltd.

6271.TW

(2.2)
Stock Price

123,50 TWD

6.03% ROA

6.44% ROE

18.69x PER

Market Cap.

29.372.649.000,00 TWD

20.26% DER

1.71% Yield

13.23% NPM

Tong Hsing Electronic Industries, Ltd. Stock Analysis

Tong Hsing Electronic Industries, 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.

Tong Hsing Electronic Industries, Ltd. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (22%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

3 ROE

ROE in an average range (4.64%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (4.48%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (1.29x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Dividend Growth

The company's dividend growth has exhibited a remarkable upward trend over the past three years, consistently delivering higher payouts to shareholders.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.914), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 Revenue Growth

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

9 Net Profit Growth

Over the past five years, this company's net profit has failed to exhibit any growth, indicating a stagnant financial performance and making it a less favorable choice for potential investors.

10 Assets Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

11 Graham Number

Based on the Graham number, this company's stock price appears to be higher than its intrinsic value, signaling a potentially unfavorable investment choice.

Tong Hsing Electronic Industries, 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.

Tong Hsing Electronic Industries, Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Tong Hsing Electronic Industries, 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.

Tong Hsing Electronic Industries, Ltd. Revenue
Year Revenue Growth
2006 2.033.632.000
2007 3.242.464.000 37.28%
2008 3.951.249.000 17.94%
2009 3.265.875.000 -20.99%
2010 6.126.555.000 46.69%
2011 6.258.375.000 2.11%
2012 6.984.993.000 10.4%
2013 7.929.440.000 11.91%
2014 8.337.547.000 4.89%
2015 7.771.904.000 -7.28%
2016 8.057.845.000 3.55%
2017 7.745.602.000 -4.03%
2018 7.413.512.000 -4.48%
2019 7.430.654.000 0.23%
2020 10.178.002.000 26.99%
2021 13.860.114.000 26.57%
2022 14.071.591.000 1.5%
2023 10.667.288.000 -31.91%
2023 11.584.909.000 7.92%
2024 12.275.644.000 5.63%

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.

Tong Hsing Electronic Industries, Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2006 31.419.000
2007 36.616.000 14.19%
2008 43.971.000 16.73%
2009 38.740.000 -13.5%
2010 64.577.000 40.01%
2011 62.180.000 -3.85%
2012 75.112.000 17.22%
2013 84.893.000 11.52%
2014 100.580.000 15.6%
2015 97.631.000 -3.02%
2016 92.659.000 -5.37%
2017 98.353.000 5.79%
2018 114.120.000 13.82%
2019 113.872.000 -0.22%
2020 206.758.000 44.92%
2021 283.762.000 27.14%
2022 367.443.000 22.77%
2023 414.908.000 11.44%
2023 402.816.000 -3%
2024 532.611.996 24.37%

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.

Tong Hsing Electronic Industries, Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 204.590.000
2007 185.539.000 -10.27%
2008 243.224.000 23.72%
2009 273.268.000 10.99%
2010 467.924.000 41.6%
2011 505.227.000 7.38%
2012 449.438.000 -12.41%
2013 439.813.000 -2.19%
2014 469.283.000 6.28%
2015 431.529.000 -8.75%
2016 484.299.000 10.9%
2017 448.418.000 -8%
2018 443.503.000 -1.11%
2019 434.303.000 -2.12%
2020 517.253.000 16.04%
2021 648.840.000 20.28%
2022 762.582.000 14.92%
2023 749.824.000 -1.7%
2023 722.057.000 -3.85%
2024 902.612.000 20%

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.

Tong Hsing Electronic Industries, Ltd. EBITDA
Year EBITDA Growth
2006 512.270.000
2007 795.662.000 35.62%
2008 860.314.000 7.51%
2009 718.575.000 -19.73%
2010 1.303.624.000 44.88%
2011 1.636.441.000 20.34%
2012 2.177.691.000 24.85%
2013 2.780.891.000 21.69%
2014 2.881.457.000 3.49%
2015 2.449.339.000 -17.64%
2016 2.388.908.000 -2.53%
2017 2.135.011.000 -11.89%
2018 2.146.928.000 0.56%
2019 1.686.410.000 -27.31%
2020 2.890.189.000 41.65%
2021 4.971.349.000 41.86%
2022 5.233.262.000 5%
2023 3.552.552.000 -47.31%
2023 2.835.363.000 -25.29%
2024 3.553.532.000 20.21%

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.

Tong Hsing Electronic Industries, Ltd. Gross Profit
Year Gross Profit Growth
2006 628.219.000
2007 952.060.000 34.01%
2008 1.084.562.000 12.22%
2009 882.128.000 -22.95%
2010 1.778.700.000 50.41%
2011 1.851.596.000 3.94%
2012 2.152.129.000 13.96%
2013 2.477.098.000 13.12%
2014 2.488.995.000 0.48%
2015 1.914.193.000 -30.03%
2016 1.995.184.000 4.06%
2017 1.897.712.000 -5.14%
2018 1.901.684.000 0.21%
2019 1.599.744.000 -18.87%
2020 2.895.796.000 44.76%
2021 4.614.796.000 37.25%
2022 5.005.335.000 7.8%
2023 2.444.972.000 -104.72%
2023 2.591.600.000 5.66%
2024 3.116.352.000 16.84%

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.

Tong Hsing Electronic Industries, Ltd. Net Profit
Year Net Profit Growth
2006 259.847.000
2007 504.639.000 48.51%
2008 424.096.000 -18.99%
2009 453.737.000 6.53%
2010 788.559.000 42.46%
2011 963.004.000 18.11%
2012 1.310.976.000 26.54%
2013 1.583.473.000 17.21%
2014 1.510.642.000 -4.82%
2015 1.041.411.000 -45.06%
2016 1.025.006.000 -1.6%
2017 973.889.000 -5.25%
2018 1.013.603.000 3.92%
2019 741.956.000 -36.61%
2020 1.450.675.000 48.85%
2021 2.764.692.000 47.53%
2022 3.140.942.000 11.98%
2023 1.118.556.000 -180.8%
2023 1.150.513.000 2.78%
2024 1.762.632.000 34.73%

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.

Tong Hsing Electronic Industries, Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 4
2007 7 57.14%
2008 5 -40%
2009 5 0%
2010 9 37.5%
2011 9 11.11%
2012 12 18.18%
2013 14 21.43%
2014 14 -7.69%
2015 9 -44.44%
2016 9 0%
2017 9 -12.5%
2018 9 0%
2019 5 -60%
2020 7 16.67%
2021 13 53.85%
2022 14 0%
2023 5 -160%
2023 6 0%
2024 8 37.5%

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.

Tong Hsing Electronic Industries, Ltd. Free Cashflow
Year Free Cashflow Growth
2006 65.920.000
2007 58.428.000 -12.82%
2008 -223.086.000 126.19%
2009 190.878.000 216.87%
2010 97.076.000 -96.63%
2011 -313.359.000 130.98%
2012 399.172.000 178.5%
2013 1.779.971.000 77.57%
2014 949.890.000 -87.39%
2015 99.950.000 -850.37%
2016 1.343.916.000 92.56%
2017 2.445.916.000 45.05%
2018 870.456.000 -180.99%
2019 -273.557.000 418.2%
2020 765.229.000 135.75%
2021 2.205.825.000 65.31%
2022 1.149.907.000 -91.83%
2023 -801.238.000 243.52%
2023 -192.098.000 -317.1%
2024 515.187.000 137.29%

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.

Tong Hsing Electronic Industries, Ltd. Operating Cashflow
Year Operating Cashflow Growth
2006 398.014.000
2007 467.977.000 14.95%
2008 610.367.000 23.33%
2009 599.966.000 -1.73%
2010 1.211.714.000 50.49%
2011 997.825.000 -21.44%
2012 1.871.383.000 46.68%
2013 2.850.426.000 34.35%
2014 1.878.819.000 -51.71%
2015 1.561.236.000 -20.34%
2016 2.176.837.000 28.28%
2017 3.061.245.000 28.89%
2018 1.531.934.000 -99.83%
2019 1.881.504.000 18.58%
2020 2.527.646.000 25.56%
2021 4.607.060.000 45.14%
2022 4.564.801.000 -0.93%
2023 -57.076.000 8097.76%
2023 2.602.947.000 102.19%
2024 815.824.000 -219.06%

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.

Tong Hsing Electronic Industries, Ltd. Capital Expenditure
Year Capital Expenditure Growth
2006 332.094.000
2007 409.549.000 18.91%
2008 833.453.000 50.86%
2009 409.088.000 -103.73%
2010 1.114.638.000 63.3%
2011 1.311.184.000 14.99%
2012 1.472.211.000 10.94%
2013 1.070.455.000 -37.53%
2014 928.929.000 -15.24%
2015 1.461.286.000 36.43%
2016 832.921.000 -75.44%
2017 615.329.000 -35.36%
2018 661.478.000 6.98%
2019 2.155.061.000 69.31%
2020 1.762.417.000 -22.28%
2021 2.401.235.000 26.6%
2022 3.414.894.000 29.68%
2023 744.162.000 -358.89%
2023 2.795.045.000 73.38%
2024 300.637.000 -829.71%

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.

Tong Hsing Electronic Industries, Ltd. Equity
Year Equity Growth
2006 1.358.093.000
2007 2.580.684.000 47.37%
2008 3.275.947.000 21.22%
2009 3.660.652.000 10.51%
2010 5.508.571.000 33.55%
2011 8.089.865.000 31.91%
2012 8.900.744.000 9.11%
2013 9.518.242.000 6.49%
2014 10.027.127.000 5.08%
2015 10.136.784.000 1.08%
2016 10.146.841.000 0.1%
2017 10.413.938.000 2.56%
2018 10.448.685.000 0.33%
2019 10.176.726.000 -2.67%
2020 21.209.533.000 52.02%
2021 22.982.941.000 7.72%
2022 24.523.998.000 6.28%
2023 24.025.352.000 -2.08%
2023 24.441.455.000 1.7%
2024 24.830.585.000 1.57%

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.

Tong Hsing Electronic Industries, Ltd. Assets
Year Assets Growth
2006 2.041.827.000
2007 3.356.693.000 39.17%
2008 3.993.821.000 15.95%
2009 4.616.611.000 13.49%
2010 7.045.090.000 34.47%
2011 9.460.183.000 25.53%
2012 10.390.126.000 8.95%
2013 11.880.737.000 12.55%
2014 15.592.987.000 23.81%
2015 15.326.123.000 -1.74%
2016 15.299.211.000 -0.18%
2017 12.964.187.000 -18.01%
2018 12.463.341.000 -4.02%
2019 12.422.791.000 -0.33%
2020 25.437.173.000 51.16%
2021 27.537.856.000 7.63%
2022 34.262.737.000 19.63%
2023 33.437.987.000 -2.47%
2023 33.662.430.000 0.67%
2024 34.289.214.000 1.83%

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.

Tong Hsing Electronic Industries, Ltd. Liabilities
Year Liabilities Growth
2006 683.734.000
2007 776.009.000 11.89%
2008 717.874.000 -8.1%
2009 955.959.000 24.91%
2010 1.536.519.000 37.78%
2011 1.370.318.000 -12.13%
2012 1.489.382.000 7.99%
2013 2.362.495.000 36.96%
2014 5.565.860.000 57.55%
2015 5.189.339.000 -7.26%
2016 5.152.370.000 -0.72%
2017 2.550.249.000 -102.03%
2018 2.014.656.000 -26.58%
2019 2.246.065.000 10.3%
2020 4.227.640.000 46.87%
2021 4.554.915.000 7.19%
2022 9.738.739.000 53.23%
2023 9.412.635.000 -3.46%
2023 9.220.975.000 -2.08%
2024 9.458.629.000 2.51%

Tong Hsing Electronic Industries, Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56.83
Net Income per Share
7.52
Price to Earning Ratio
18.69x
Price To Sales Ratio
2.47x
POCF Ratio
13.67
PFCF Ratio
312.89
Price to Book Ratio
1.18
EV to Sales
2.47
EV Over EBITDA
8.34
EV to Operating CashFlow
13.63
EV to FreeCashFlow
312.16
Earnings Yield
0.05
FreeCashFlow Yield
0
Market Cap
29,37 Bil.
Enterprise Value
29,30 Bil.
Graham Number
141.73
Graham NetNet
-4.82

Income Statement Metrics

Net Income per Share
7.52
Income Quality
1.31
ROE
0.06
Return On Assets
0.05
Return On Capital Employed
0.07
Net Income per EBT
0.82
EBT Per Ebit
0.99
Ebit per Revenue
0.16
Effective Tax Rate
0.18

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.25
Operating Profit Margin
0.16
Pretax Profit Margin
0.16
Net Profit Margin
0.13

Dividends

Dividend Yield
0.02
Dividend Yield %
1.71
Payout Ratio
0.8
Dividend Per Share
2.4

Operating Metrics

Operating Cashflow per Share
10.28
Free CashFlow per Share
0.45
Capex to Operating CashFlow
0.96
Capex to Revenue
0.17
Capex to Depreciation
1.31
Return on Invested Capital
0.05
Return on Tangible Assets
0.06
Days Sales Outstanding
71.82
Days Payables Outstanding
34.03
Days of Inventory on Hand
72.02
Receivables Turnover
5.08
Payables Turnover
10.73
Inventory Turnover
5.07
Capex per Share
9.83

Balance Sheet

Cash per Share
27,82
Book Value per Share
118,77
Tangible Book Value per Share
79.35
Shareholders Equity per Share
118.77
Interest Debt per Share
24.58
Debt to Equity
0.2
Debt to Assets
0.15
Net Debt to EBITDA
-0.02
Current Ratio
1.79
Tangible Asset Value
16,59 Bil.
Net Current Asset Value
0,54 Bil.
Invested Capital
24455379000
Working Capital
4,40 Bil.
Intangibles to Total Assets
0.24
Average Receivables
2,30 Bil.
Average Payables
0,83 Bil.
Average Inventory
1697508000
Debt to Market Cap
0.17

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.

Tong Hsing Electronic Industries, Ltd. Dividends
Year Dividends Growth
2008 2
2009 2 -100%
2010 2 0%
2011 3 50%
2012 3 0%
2013 4 33.33%
2014 5 40%
2015 5 -25%
2016 5 0%
2017 4 0%
2018 5 0%
2019 5 0%
2020 4 -33.33%
2021 6 40%
2022 10 50%
2023 8 -42.86%
2024 2 -250%

Tong Hsing Electronic Industries, Ltd. Profile

About Tong Hsing Electronic Industries, Ltd.

Tong Hsing Electronic Industries, Ltd. develops, manufactures, and sells micro modules and custom semiconductor packages in Taiwan. The company provides semiconductor micro module assembly, and thick and thin film substrate foundry services. It also offers microelectronic packaging technologies, such as assembly packaging services, backend technology and others, and RF testing services. In addition, the company provides contract manufacturing services for microelectronic packaging and ceramic thick/thin film substrate fabrication. Its products are used in IGBT, high-frequency switching power supply, automotive, aerospace, solar cell component, telecommunication power supply, laser system, high power LED, microwave, semiconductor process equipment, hybrid electric vehicles, computer peripherals, medical and network equipment, and sensor applications. The company was founded in 1974 and is headquartered in Taipei, Taiwan.

CEO
Mr. Shao-Pin Ru
Employee
3.698
Address
83, Yenping South Road
Taipei,

Tong Hsing Electronic Industries, Ltd. Executives & BODs

Tong Hsing Electronic Industries, Ltd. Executives & BODs
# Name Age
1 Shao-Ping Lu
President
70
2 Ms. Chia-Li Huang
Chief Operating Officer, Chief Financial Officer & Director
70
3 Mr. Shao-Pin Ru
General Manager
70

Tong Hsing Electronic Industries, Ltd. Competitors