Chang Wah Technology Co., Ltd. Logo

Chang Wah Technology Co., Ltd.

6548.TWO

(2.5)
Stock Price

33,40 TWD

7.97% ROA

15.9% ROE

21.97x PER

Market Cap.

36.371.081.600,00 TWD

58.38% DER

4.2% Yield

14.37% NPM

Chang Wah Technology Co., Ltd. Stock Analysis

Chang Wah Technology 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.

Chang Wah Technology Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (22.23%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 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.

5 DER

The stock has a reasonable amount of debt compared to its ownership (61%), suggesting a balanced financial position and a moderate level of risk.

6 Buffet Intrinsic Value

The company's stock seems undervalued (272) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (3.07x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Revenue Growth

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

9 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

10 Graham Number

The company's Graham number indicates that it is overvalued compared to its stock price, suggesting a potentially unfavorable investment opportunity.

11 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

Chang Wah Technology 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.

Chang Wah Technology Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Sell
4 Stoch RSI Sell

Chang Wah Technology 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.

Chang Wah Technology Co., Ltd. Revenue
Year Revenue Growth
2012 151.095.357
2013 343.247.000 55.98%
2014 393.939.000 12.87%
2015 378.404.000 -4.11%
2016 456.226.000 17.06%
2017 7.505.222.000 93.92%
2018 9.784.851.000 23.3%
2019 9.320.275.000 -4.98%
2020 9.678.146.000 3.7%
2021 12.792.169.000 24.34%
2022 14.431.284.000 11.36%
2023 11.360.280.000 -27.03%
2023 11.581.245.000 1.91%
2024 11.812.368.000 1.96%

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.

Chang Wah Technology Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2012 2.002.878
2013 4.626.000 56.7%
2014 15.448.000 70.05%
2015 14.860.000 -3.96%
2016 18.504.000 19.69%
2017 31.007.000 40.32%
2018 67.981.000 54.39%
2019 149.707.000 54.59%
2020 228.583.000 34.51%
2021 461.211.000 50.44%
2022 422.484.000 -9.17%
2023 486.924.000 13.23%
2023 420.520.000 -15.79%
2024 478.376.000 12.09%

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.

Chang Wah Technology Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 7.093.946
2013 15.672.000 54.73%
2014 30.134.000 47.99%
2015 25.925.000 -16.24%
2016 45.519.000 43.05%
2017 374.456.000 87.84%
2018 469.304.000 20.21%
2019 426.842.000 -9.95%
2020 440.860.000 3.18%
2021 529.720.000 16.77%
2022 602.796.000 12.12%
2023 563.724.000 -6.93%
2023 524.272.000 -7.53%
2024 568.968.000 7.86%

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.

Chang Wah Technology Co., Ltd. EBITDA
Year EBITDA Growth
2012 1.088.742
2013 88.679.000 98.77%
2014 126.754.000 30.04%
2015 128.239.000 1.16%
2016 113.626.000 -12.86%
2017 1.599.160.000 92.89%
2018 1.848.974.000 13.51%
2019 1.596.294.000 -15.83%
2020 1.605.371.000 0.57%
2021 2.915.013.000 44.93%
2022 4.416.087.000 33.99%
2023 3.059.980.000 -44.32%
2023 2.878.909.000 -6.29%
2024 2.492.508.000 -15.5%

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.

Chang Wah Technology Co., Ltd. Gross Profit
Year Gross Profit Growth
2012 -9.245.640
2013 73.689.000 112.55%
2014 131.804.000 44.09%
2015 116.664.000 -12.98%
2016 135.800.000 14.09%
2017 1.444.087.000 90.6%
2018 1.801.598.000 19.84%
2019 1.580.824.000 -13.97%
2020 1.804.906.000 12.42%
2021 3.405.690.000 47%
2022 4.385.586.000 22.34%
2023 2.436.256.000 -80.01%
2023 2.600.507.000 6.32%
2024 2.923.132.000 11.04%

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.

Chang Wah Technology Co., Ltd. Net Profit
Year Net Profit Growth
2012 -17.683.685
2013 21.532.000 182.13%
2014 62.644.000 65.63%
2015 58.508.000 -7.07%
2016 44.998.000 -30.02%
2017 431.075.000 89.56%
2018 842.544.000 48.84%
2019 607.304.000 -38.74%
2020 773.840.000 21.52%
2021 1.714.378.000 54.86%
2022 2.815.901.000 39.12%
2023 1.681.796.000 -67.43%
2023 1.564.512.000 -7.5%
2024 2.032.620.000 23.03%

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.

Chang Wah Technology Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 2 100%
2022 3 66.67%
2023 2 -200%
2023 2 0%
2024 2 50%

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.

Chang Wah Technology Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2012 12.471.929
2013 -88.715.000 114.06%
2014 -54.118.000 -63.93%
2015 -47.956.000 -12.85%
2016 43.901.000 209.24%
2017 419.656.000 89.54%
2018 646.963.000 35.13%
2019 942.546.000 31.36%
2020 319.604.000 -194.91%
2021 783.260.000 59.2%
2022 2.545.992.000 69.24%
2023 513.936.000 -395.39%
2023 1.548.857.000 66.82%
2024 212.915.000 -627.45%

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.

Chang Wah Technology Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2012 17.054.704
2013 60.321.000 71.73%
2014 94.872.000 36.42%
2015 38.800.000 -144.52%
2016 107.723.000 63.98%
2017 1.020.468.000 89.44%
2018 1.454.944.000 29.86%
2019 1.466.273.000 0.77%
2020 987.280.000 -48.52%
2021 1.654.316.000 40.32%
2022 4.056.925.000 59.22%
2023 691.594.000 -486.61%
2023 2.761.777.000 74.96%
2024 309.792.000 -791.49%

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.

Chang Wah Technology Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2012 4.582.775
2013 149.036.000 96.93%
2014 148.990.000 -0.03%
2015 86.756.000 -71.73%
2016 63.822.000 -35.93%
2017 600.812.000 89.38%
2018 807.981.000 25.64%
2019 523.727.000 -54.28%
2020 667.676.000 21.56%
2021 871.056.000 23.35%
2022 1.510.933.000 42.35%
2023 177.658.000 -750.47%
2023 1.212.920.000 85.35%
2024 96.877.000 -1152.02%

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.

Chang Wah Technology Co., Ltd. Equity
Year Equity Growth
2012 99.094.812
2013 270.589.000 63.38%
2014 673.864.000 59.85%
2015 685.425.000 1.69%
2016 1.104.849.000 37.96%
2017 5.130.220.000 78.46%
2018 5.171.363.000 0.8%
2019 4.986.410.000 -3.71%
2020 5.426.259.000 8.11%
2021 8.411.732.000 35.49%
2022 10.173.413.000 17.32%
2023 10.333.444.000 1.55%
2023 10.471.121.000 1.31%
2024 11.449.903.000 8.55%

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.

Chang Wah Technology Co., Ltd. Assets
Year Assets Growth
2012 171.181.277
2013 348.686.000 50.91%
2014 789.441.000 55.83%
2015 809.380.000 2.46%
2016 1.128.848.000 28.3%
2017 9.099.936.000 87.59%
2018 9.788.179.000 7.03%
2019 10.543.972.000 7.17%
2020 12.164.162.000 13.32%
2021 14.842.063.000 18.04%
2022 18.828.652.000 21.17%
2023 19.966.950.000 5.7%
2023 20.072.624.000 0.53%
2024 21.449.037.000 6.42%

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.

Chang Wah Technology Co., Ltd. Liabilities
Year Liabilities Growth
2012 72.086.465
2013 78.097.000 7.7%
2014 115.577.000 32.43%
2015 123.955.000 6.76%
2016 163.082.000 23.99%
2017 3.969.716.000 95.89%
2018 4.616.816.000 14.02%
2019 5.557.562.000 16.93%
2020 6.737.903.000 17.52%
2021 6.430.331.000 -4.78%
2022 8.655.239.000 25.71%
2023 9.633.506.000 10.15%
2023 9.601.503.000 -0.33%
2024 9.999.134.000 3.98%

Chang Wah Technology Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
12.23
Net Income per Share
1.76
Price to Earning Ratio
21.97x
Price To Sales Ratio
3.18x
POCF Ratio
15.68
PFCF Ratio
21.31
Price to Book Ratio
3.29
EV to Sales
3.18
EV Over EBITDA
15.79
EV to Operating CashFlow
15.78
EV to FreeCashFlow
21.31
Earnings Yield
0.05
FreeCashFlow Yield
0.05
Market Cap
36,37 Bil.
Enterprise Value
36,38 Bil.
Graham Number
21.55
Graham NetNet
1.75

Income Statement Metrics

Net Income per Share
1.76
Income Quality
1.26
ROE
0.16
Return On Assets
0.08
Return On Capital Employed
0.14
Net Income per EBT
0.79
EBT Per Ebit
0.95
Ebit per Revenue
0.19
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.05
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.23
Operating Profit Margin
0.19
Pretax Profit Margin
0.18
Net Profit Margin
0.14

Dividends

Dividend Yield
0.04
Dividend Yield %
4.2
Payout Ratio
1.14
Dividend Per Share
1.62

Operating Metrics

Operating Cashflow per Share
2.46
Free CashFlow per Share
1.82
Capex to Operating CashFlow
0.26
Capex to Revenue
0.05
Capex to Depreciation
0.74
Return on Invested Capital
0.1
Return on Tangible Assets
0.08
Days Sales Outstanding
82.57
Days Payables Outstanding
38.86
Days of Inventory on Hand
83.59
Receivables Turnover
4.42
Payables Turnover
9.39
Inventory Turnover
4.37
Capex per Share
0.64

Balance Sheet

Cash per Share
9,27
Book Value per Share
12,23
Tangible Book Value per Share
11.37
Shareholders Equity per Share
11.74
Interest Debt per Share
6.97
Debt to Equity
0.58
Debt to Assets
0.3
Net Debt to EBITDA
0
Current Ratio
2.27
Tangible Asset Value
10,65 Bil.
Net Current Asset Value
3,42 Bil.
Invested Capital
12596601999
Working Capital
7,51 Bil.
Intangibles to Total Assets
0.04
Average Receivables
2,52 Bil.
Average Payables
0,88 Bil.
Average Inventory
1927060000
Debt to Market Cap
0.18

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.

Chang Wah Technology Co., Ltd. Dividends
Year Dividends Growth
2016 2
2017 1 0%
2018 9 100%
2019 14 30.77%
2020 1 -1200%
2021 1 0%
2022 2 50%
2023 2 -100%
2024 2 0%

Chang Wah Technology Co., Ltd. Profile

About Chang Wah Technology Co., Ltd.

Chang Wah Technology Co., Ltd. manufactures and sells LED lead frame and molding compound materials in Taiwan. It offers EMC and IC products; and pre-mold products. The company also sells electronics components, and machinery and tools. Chang Wah Technology Co., Ltd. was incorporated in 2009 and is based in Kaohsiung, Taiwan.

CEO
Mr. Chuen-Sing Hung
Employee
121
Address
No. 24, Kaifa Road
Kaohsiung, 811

Chang Wah Technology Co., Ltd. Executives & BODs

Chang Wah Technology Co., Ltd. Executives & BODs
# Name Age
1 Ms. Shu-Ping Yan
Finance Manager
70
2 Mr. Jhih-Hong Li
Vice President
70
3 Mr. Chun-Chi Lin
Accounting Manager
70
4 Mr. Pai-Hsiang Hsu
Head of R&D Department
70
5 Mr. Chung-Chi Yang
Head of Production Department
70
6 Quancheng Hong
Chairman & General Manager
70
7 Mr. Chuen-Sing Hung
President & Director
70

Chang Wah Technology Co., Ltd. Competitors