Co-Tech Development Corporation Logo

Co-Tech Development Corporation

8358.TWO

(2.0)
Stock Price

56,30 TWD

8.78% ROA

12.84% ROE

19.72x PER

Market Cap.

14.748.955.200,00 TWD

24.28% DER

2.48% Yield

11.93% NPM

Co-Tech Development Corporation Stock Analysis

Co-Tech Development Corporation 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.

Co-Tech Development Corporation Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a low debt to equity ratio (7%), which means it has a small amount of debt compared to the ownership it holds

2 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.

3 ROE

ROE in an average range (9.06%) suggests satisfactory profitability and decent utilization of shareholders' equity.

4 ROA

The stock's ROA (7.39%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

5 PBV

The stock's PBV ratio (2.63x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

6 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (901) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 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.

8 Net Profit Growth

Throughout the last five years, this company's net profit has remained unchanged, indicating a lack of growth and making it a less favorable investment option.

9 Assets 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.

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 remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Co-Tech Development Corporation 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.

Co-Tech Development Corporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Hold

Co-Tech Development Corporation 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.

Co-Tech Development Corporation Revenue
Year Revenue Growth
2009 3.420.054.000
2010 5.790.944.000 40.94%
2011 4.746.921.000 -21.99%
2012 4.728.634.000 -0.39%
2013 4.039.841.000 -17.05%
2014 3.940.015.000 -2.53%
2015 4.265.123.000 7.62%
2016 5.395.908.000 20.96%
2017 6.618.106.000 18.47%
2018 6.240.052.000 -6.06%
2019 5.220.914.000 -19.52%
2020 6.037.386.000 13.52%
2021 8.914.783.000 32.28%
2022 7.407.454.000 -20.35%
2023 5.654.276.000 -31.01%
2023 6.169.504.000 8.35%
2024 7.266.184.000 15.09%

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.

Co-Tech Development Corporation Research and Development Expenses
Year Research and Development Expenses Growth
2009 21.318.000
2010 39.555.000 46.11%
2011 51.160.000 22.68%
2012 42.744.000 -19.69%
2013 30.472.000 -40.27%
2014 48.210.000 36.79%
2015 112.507.000 57.15%
2016 52.263.000 -115.27%
2017 41.114.000 -27.12%
2018 52.607.000 21.85%
2019 50.583.000 -4%
2020 66.687.000 24.15%
2021 62.370.000 -6.92%
2022 45.309.000 -37.65%
2023 34.564.000 -31.09%
2023 35.846.000 3.58%
2024 48.772.000 26.5%

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.

Co-Tech Development Corporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2009 60.404.000
2010 70.220.000 13.98%
2011 59.019.000 -18.98%
2012 54.208.000 -8.88%
2013 50.378.000 -7.6%
2014 71.298.000 29.34%
2015 82.316.000 13.39%
2016 96.775.000 14.94%
2017 175.846.000 44.97%
2018 92.483.000 -90.14%
2019 71.862.000 -28.7%
2020 67.069.000 -7.15%
2021 87.906.000 23.7%
2022 78.273.000 -12.31%
2023 99.456.000 21.3%
2023 83.074.000 -19.72%
2024 88.632.000 6.27%

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.

Co-Tech Development Corporation EBITDA
Year EBITDA Growth
2009 474.252.000
2010 871.335.000 45.57%
2011 227.504.000 -283%
2012 269.004.000 15.43%
2013 225.122.000 -19.49%
2014 45.073.000 -399.46%
2015 130.859.000 65.56%
2016 1.009.455.000 87.04%
2017 1.638.117.000 38.38%
2018 1.233.339.000 -32.82%
2019 798.798.000 -54.4%
2020 925.804.000 13.72%
2021 2.112.244.000 56.17%
2022 1.362.724.000 -55%
2023 596.632.000 -128.4%
2023 801.857.000 25.59%
2024 1.546.068.000 48.14%

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.

Co-Tech Development Corporation Gross Profit
Year Gross Profit Growth
2009 382.992.000
2010 749.434.000 48.9%
2011 122.086.000 -513.86%
2012 155.785.000 21.63%
2013 96.609.000 -61.25%
2014 -48.475.000 299.3%
2015 155.861.000 131.1%
2016 1.002.182.000 84.45%
2017 1.691.295.000 40.74%
2018 1.213.879.000 -39.33%
2019 783.933.000 -54.84%
2020 968.082.000 19.02%
2021 2.179.295.000 55.58%
2022 1.356.133.000 -60.7%
2023 641.984.000 -111.24%
2023 883.784.000 27.36%
2024 1.656.368.000 46.64%

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.

Co-Tech Development Corporation Net Profit
Year Net Profit Growth
2009 183.628.000
2010 489.828.000 62.51%
2011 -146.403.000 434.58%
2012 -98.555.000 -48.55%
2013 -134.876.000 26.93%
2014 -298.686.000 54.84%
2015 -201.517.000 -48.22%
2016 642.903.000 131.34%
2017 1.116.565.000 42.42%
2018 741.129.000 -50.66%
2019 396.701.000 -86.82%
2020 541.590.000 26.75%
2021 1.523.238.000 64.44%
2022 967.212.000 -57.49%
2023 369.156.000 -162.01%
2023 532.906.000 30.73%
2024 1.166.008.000 54.3%

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.

Co-Tech Development Corporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2009 1
2010 2 100%
2011 -1 0%
2012 0 0%
2013 -1 0%
2014 -1 100%
2015 -1 0%
2016 3 100%
2017 5 40%
2018 3 -150%
2019 2 -100%
2020 2 50%
2021 6 66.67%
2022 4 -100%
2023 1 -200%
2023 2 50%
2024 5 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.

Co-Tech Development Corporation Free Cashflow
Year Free Cashflow Growth
2009 -311.108.000
2010 273.491.000 213.75%
2011 64.279.000 -325.47%
2012 226.057.000 71.57%
2013 113.743.000 -98.74%
2014 -383.230.000 129.68%
2015 -210.299.000 -82.23%
2016 444.412.000 147.32%
2017 1.555.744.000 71.43%
2018 724.337.000 -114.78%
2019 521.026.000 -39.02%
2020 663.511.000 21.47%
2021 879.640.000 24.57%
2022 -61.700.000 1525.67%
2023 -92.563.000 33.34%
2023 -15.402.000 -500.98%
2024 -57.062.001 73.01%

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.

Co-Tech Development Corporation Operating Cashflow
Year Operating Cashflow Growth
2009 81.368.000
2010 413.995.000 80.35%
2011 158.962.000 -160.44%
2012 271.212.000 41.39%
2013 240.496.000 -12.77%
2014 36.547.000 -558.05%
2015 184.650.000 80.21%
2016 543.930.000 66.05%
2017 1.683.210.000 67.68%
2018 1.198.160.000 -40.48%
2019 617.555.000 -94.02%
2020 757.856.000 18.51%
2021 1.675.218.000 54.76%
2022 1.043.270.000 -60.57%
2023 25.408.000 -4006.07%
2023 681.215.000 96.27%
2024 7.288.999 -9245.8%

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.

Co-Tech Development Corporation Capital Expenditure
Year Capital Expenditure Growth
2009 392.476.000
2010 140.504.000 -179.33%
2011 94.683.000 -48.39%
2012 45.155.000 -109.68%
2013 126.753.000 64.38%
2014 419.777.000 69.8%
2015 394.949.000 -6.29%
2016 99.518.000 -296.86%
2017 127.466.000 21.93%
2018 473.823.000 73.1%
2019 96.529.000 -390.86%
2020 94.345.000 -2.31%
2021 795.578.000 88.14%
2022 1.104.970.000 28%
2023 117.971.000 -836.65%
2023 696.617.000 83.07%
2024 64.351.000 -982.53%

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.

Co-Tech Development Corporation Equity
Year Equity Growth
2009 2.172.725.000
2010 2.801.019.000 22.43%
2011 2.353.761.000 -19%
2012 2.242.592.000 -4.96%
2013 2.084.154.000 -7.6%
2014 1.860.070.000 -12.05%
2015 1.609.803.000 -15.55%
2016 2.205.862.000 27.02%
2017 5.325.052.000 58.58%
2018 5.296.892.000 -0.53%
2019 5.124.260.000 -3.37%
2020 5.156.440.000 0.62%
2021 6.169.381.000 16.42%
2022 6.084.672.000 -1.39%
2023 5.808.657.000 -4.75%
2023 5.983.493.000 2.92%
2024 6.108.730.000 2.05%

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.

Co-Tech Development Corporation Assets
Year Assets Growth
2009 5.110.522.000
2010 5.405.185.000 5.45%
2011 5.475.584.000 1.29%
2012 5.362.581.000 -2.11%
2013 4.932.229.000 -8.73%
2014 5.136.839.000 3.98%
2015 4.966.310.000 -3.43%
2016 5.726.799.000 13.28%
2017 7.801.913.000 26.6%
2018 7.004.248.000 -11.39%
2019 6.847.440.000 -2.29%
2020 6.737.822.000 -1.63%
2021 8.369.065.000 19.49%
2022 7.614.975.000 -9.9%
2023 7.396.547.000 -2.95%
2023 7.906.595.000 6.45%
2024 8.817.250.000 10.33%

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.

Co-Tech Development Corporation Liabilities
Year Liabilities Growth
2009 2.937.797.000
2010 2.604.166.000 -12.81%
2011 3.121.823.000 16.58%
2012 3.119.989.000 -0.06%
2013 2.848.075.000 -9.55%
2014 3.276.769.000 13.08%
2015 3.356.507.000 2.38%
2016 3.520.937.000 4.67%
2017 2.476.861.000 -42.15%
2018 1.707.356.000 -45.07%
2019 1.723.180.000 0.92%
2020 1.581.382.000 -8.97%
2021 2.199.684.000 28.11%
2022 1.530.303.000 -43.74%
2023 1.587.890.000 3.63%
2023 1.923.102.000 17.43%
2024 2.708.520.000 29%

Co-Tech Development Corporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
25.68
Net Income per Share
3.06
Price to Earning Ratio
19.72x
Price To Sales Ratio
2.27x
POCF Ratio
34.6
PFCF Ratio
3644.42
Price to Book Ratio
2.5
EV to Sales
2.19
EV Over EBITDA
13.2
EV to Operating CashFlow
32.22
EV to FreeCashFlow
3510.86
Earnings Yield
0.05
FreeCashFlow Yield
0
Market Cap
14,75 Bil.
Enterprise Value
14,21 Bil.
Graham Number
40.83
Graham NetNet
4.14

Income Statement Metrics

Net Income per Share
3.06
Income Quality
0.52
ROE
0.13
Return On Assets
0.09
Return On Capital Employed
0.16
Net Income per EBT
0.8
EBT Per Ebit
0.98
Ebit per Revenue
0.15
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.01
Research & Developement to Revenue
0.01
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.18
Operating Profit Margin
0.15
Pretax Profit Margin
0.15
Net Profit Margin
0.12

Dividends

Dividend Yield
0.02
Dividend Yield %
2.48
Payout Ratio
0.82
Dividend Per Share
1.5

Operating Metrics

Operating Cashflow per Share
1.75
Free CashFlow per Share
0.02
Capex to Operating CashFlow
0.99
Capex to Revenue
0.07
Capex to Depreciation
3.93
Return on Invested Capital
0.1
Return on Tangible Assets
0.09
Days Sales Outstanding
97.59
Days Payables Outstanding
22.1
Days of Inventory on Hand
59.2
Receivables Turnover
3.74
Payables Turnover
16.51
Inventory Turnover
6.17
Capex per Share
1.73

Balance Sheet

Cash per Share
8,01
Book Value per Share
24,18
Tangible Book Value per Share
24.18
Shareholders Equity per Share
24.18
Interest Debt per Share
5.97
Debt to Equity
0.24
Debt to Assets
0.17
Net Debt to EBITDA
-0.5
Current Ratio
1.75
Tangible Asset Value
6,11 Bil.
Net Current Asset Value
1,99 Bil.
Invested Capital
6070139000
Working Capital
2,02 Bil.
Intangibles to Total Assets
0
Average Receivables
1,60 Bil.
Average Payables
0,25 Bil.
Average Inventory
784825000
Debt to Market Cap
0.1

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.

Co-Tech Development Corporation Dividends
Year Dividends Growth
2010 0
2011 1 100%
2018 3 66.67%
2019 2 -50%
2020 2 0%
2021 2 0%
2022 4 50%
2023 3 -100%
2024 2 -100%

Co-Tech Development Corporation Profile

About Co-Tech Development Corporation

Co-Tech Development Corporation, together with its subsidiaries, produces and sells copper foils in Taiwan and China. The company operates in Copper Foil and Other segments. It offers fiberglass, epoxy resin, copper foil, fiberglass cloth, and PI; copper foil substrate, printed circuit board, flexible copper clad laminate, flexible PCB, BGA carrier board, TAB, and chip on film; and AIoT, cloud, 5G communication, automotive, medical, wearable, home appliances, and computers products. The company was formerly known as Co-Tech Copper Foil Corporation and changed its name to Co-Tech Development Corporation in June 2014. Co-Tech Development Corporation was incorporated in 1998 and is headquartered in Taipei City, Taiwan.

CEO
Mr. Shih-Shen Lee
Employee
312
Address
No. 392, Ruiguang Road
Taipei, 114

Co-Tech Development Corporation Executives & BODs

Co-Tech Development Corporation Executives & BODs
# Name Age
1 Ms. Hong-Yu Kao
Head of Accounting
70
2 Andy Hsu
Chief R&D Officer
70
3 Mr. Hong-Wei Hsu
Chief of Technology Division
70
4 Mr. An-Chuan Lu
Plant Chief
70
5 Mr. Shih-Shen Lee
GM & Director
70
6 Mr. Hsin-Chung Lai
Project Division Chief
70
7 Ms. Hsueh-Chen Yeh
Financial Officer & Manager of Corporate Governance Officer
70

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