Top Bright Holding Co., Ltd. Logo

Top Bright Holding Co., Ltd.

8499.TW

(2.5)
Stock Price

114,50 TWD

3.19% ROA

4.9% ROE

12.83x PER

Market Cap.

4.874.558.000,00 TWD

1.93% DER

3.4% Yield

20.15% NPM

Top Bright Holding Co., Ltd. Stock Analysis

Top Bright Holding 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.

Top Bright Holding Co., Ltd. Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.86x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (2%), which means it has a small amount of debt compared to the ownership it holds

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROE

The stock's ROE falls within an average range (10.76%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (6.31%) 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.

6 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

7 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (393) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

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

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.

10 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.

11 Dividend Growth

The company's dividend growth has remained flat for the past three years, offering no indication of improved returns and making it a less advantageous investment opportunity.

Top Bright Holding 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.

Top Bright Holding Co., Ltd. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Top Bright Holding 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.

Top Bright Holding Co., Ltd. Revenue
Year Revenue Growth
2014 1.446.298.000
2015 1.459.888.000 0.93%
2016 1.439.400.000 -1.42%
2017 1.468.901.000 2.01%
2018 1.647.069.000 10.82%
2019 1.855.655.000 11.24%
2020 2.360.994.000 21.4%
2021 2.659.554.000 11.23%
2022 2.309.212.000 -15.17%
2023 1.919.984.000 -20.27%
2023 1.848.631.000 -3.86%
2024 2.101.032.000 12.01%

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.

Top Bright Holding Co., Ltd. Research and Development Expenses
Year Research and Development Expenses Growth
2014 74.931.000
2015 61.620.000 -21.6%
2016 73.545.000 16.21%
2017 74.055.000 0.69%
2018 102.079.000 27.45%
2019 125.839.000 18.88%
2020 144.392.000 12.85%
2021 145.541.000 0.79%
2022 126.295.000 -15.24%
2023 144.928.000 12.86%
2023 144.675.000 -0.17%
2024 164.860.000 12.24%

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.

Top Bright Holding Co., Ltd. General and Administrative Expenses
Year General and Administrative Expenses Growth
2014 58.796.000
2015 67.281.000 12.61%
2016 73.673.000 8.68%
2017 63.926.000 -15.25%
2018 74.197.000 13.84%
2019 90.387.000 17.91%
2020 231.290.000 60.92%
2021 137.099.000 -68.7%
2022 90.336.000 -51.77%
2023 114.032.000 20.78%
2023 111.167.000 -2.58%
2024 178.928.000 37.87%

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.

Top Bright Holding Co., Ltd. EBITDA
Year EBITDA Growth
2014 478.733.000
2015 513.036.000 6.69%
2016 520.953.000 1.52%
2017 470.156.000 -10.8%
2018 558.900.000 15.88%
2019 613.093.000 8.84%
2020 867.851.000 29.36%
2021 1.105.893.000 21.52%
2022 1.079.739.000 -2.42%
2023 809.176.000 -33.44%
2023 464.755.000 -74.11%
2024 388.272.000 -19.7%

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.

Top Bright Holding Co., Ltd. Gross Profit
Year Gross Profit Growth
2014 602.898.000
2015 636.355.000 5.26%
2016 660.082.000 3.59%
2017 673.271.000 1.96%
2018 740.946.000 9.13%
2019 865.967.000 14.44%
2020 1.323.363.000 34.56%
2021 1.385.576.000 4.49%
2022 1.061.969.000 -30.47%
2023 778.320.000 -36.44%
2023 736.420.000 -5.69%
2024 715.684.000 -2.9%

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.

Top Bright Holding Co., Ltd. Net Profit
Year Net Profit Growth
2014 314.268.000
2015 329.317.000 4.57%
2016 305.706.000 -7.72%
2017 328.337.000 6.89%
2018 408.992.000 19.72%
2019 417.677.000 2.08%
2020 636.243.000 34.35%
2021 733.193.000 13.22%
2022 816.644.000 10.22%
2023 457.432.000 -78.53%
2023 424.472.000 -7.76%
2024 330.104.000 -28.59%

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.

Top Bright Holding Co., Ltd. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2014 13
2015 13 7.69%
2016 8 -85.71%
2017 7 0%
2018 8 0%
2019 10 30%
2020 15 33.33%
2021 18 11.76%
2022 20 10.53%
2023 10 -90%
2023 9 -25%
2024 8 -14.29%

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.

Top Bright Holding Co., Ltd. Free Cashflow
Year Free Cashflow Growth
2014 275.506.000
2015 392.121.000 29.74%
2016 371.773.000 -5.47%
2017 283.475.000 -31.15%
2018 169.921.000 -66.83%
2019 371.468.000 54.26%
2020 334.639.000 -11.01%
2021 803.523.000 58.35%
2022 811.683.000 1.01%
2023 -89.625.000 1005.64%
2023 301.704.000 129.71%
2024 148.779.991 -102.79%

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.

Top Bright Holding Co., Ltd. Operating Cashflow
Year Operating Cashflow Growth
2014 364.328.000
2015 406.700.000 10.42%
2016 383.354.000 -6.09%
2017 358.311.000 -6.99%
2018 308.557.000 -16.12%
2019 505.842.000 39%
2020 510.370.000 0.89%
2021 912.365.000 44.06%
2022 942.222.000 3.17%
2023 16.645.000 -5560.69%
2023 734.463.000 97.73%
2024 110.010.443 -567.63%

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.

Top Bright Holding Co., Ltd. Capital Expenditure
Year Capital Expenditure Growth
2014 88.822.000
2015 14.579.000 -509.25%
2016 11.581.000 -25.89%
2017 74.836.000 84.52%
2018 138.636.000 46.02%
2019 134.374.000 -3.17%
2020 175.731.000 23.53%
2021 108.842.000 -61.46%
2022 130.539.000 16.62%
2023 106.270.000 -22.84%
2023 432.759.000 75.44%
2024 -38.769.548 1216.23%

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.

Top Bright Holding Co., Ltd. Equity
Year Equity Growth
2013 0
2014 1.327.779.000 100%
2015 1.501.347.000 11.56%
2016 923.014.000 -62.66%
2017 1.671.088.000 44.77%
2018 1.762.260.000 5.17%
2019 1.868.110.000 5.67%
2020 3.235.143.000 42.26%
2021 3.597.884.000 10.08%
2022 10.625.757.000 66.14%
2023 10.524.576.000 -0.96%
2023 10.799.706.000 2.55%
2024 10.902.253.000 0.94%

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.

Top Bright Holding Co., Ltd. Assets
Year Assets Growth
2013 0
2014 1.781.178.000 100%
2015 2.031.770.000 12.33%
2016 1.373.262.000 -47.95%
2017 2.125.093.000 35.38%
2018 2.338.765.000 9.14%
2019 2.965.390.000 21.13%
2020 4.557.973.000 34.94%
2021 5.043.643.000 9.63%
2022 11.687.180.000 56.84%
2023 11.230.901.000 -4.06%
2023 11.529.082.000 2.59%
2024 11.928.120.000 3.35%

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.

Top Bright Holding Co., Ltd. Liabilities
Year Liabilities Growth
2013 0
2014 453.399.000 100%
2015 530.423.000 14.52%
2016 450.248.000 -17.81%
2017 454.005.000 0.83%
2018 576.505.000 21.25%
2019 1.097.280.000 47.46%
2020 1.322.830.000 17.05%
2021 1.445.759.000 8.5%
2022 1.061.423.000 -36.21%
2023 683.330.000 -55.33%
2023 729.376.000 6.31%
2024 1.001.967.000 27.21%

Top Bright Holding Co., Ltd. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
45.46
Net Income per Share
9.16
Price to Earning Ratio
12.83x
Price To Sales Ratio
2.58x
POCF Ratio
10.01
PFCF Ratio
61.74
Price to Book Ratio
0.62
EV to Sales
-1.61
EV Over EBITDA
-5.12
EV to Operating CashFlow
-6.26
EV to FreeCashFlow
-38.57
Earnings Yield
0.08
FreeCashFlow Yield
0.02
Market Cap
4,87 Bil.
Enterprise Value
-3,05 Bil.
Graham Number
197.83
Graham NetNet
191.51

Income Statement Metrics

Net Income per Share
9.16
Income Quality
0.97
ROE
0.05
Return On Assets
0.03
Return On Capital Employed
0.04
Net Income per EBT
0.61
EBT Per Ebit
1.4
Ebit per Revenue
0.24
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0.08
Stock Based Compensation to Revenue
-0
Gross Profit Margin
0.39
Operating Profit Margin
0.24
Pretax Profit Margin
0.33
Net Profit Margin
0.2

Dividends

Dividend Yield
0.03
Dividend Yield %
3.4
Payout Ratio
0.27
Dividend Per Share
4

Operating Metrics

Operating Cashflow per Share
11.73
Free CashFlow per Share
1.9
Capex to Operating CashFlow
0.84
Capex to Revenue
0.22
Capex to Depreciation
5.77
Return on Invested Capital
0.04
Return on Tangible Assets
0.03
Days Sales Outstanding
112.63
Days Payables Outstanding
89.27
Days of Inventory on Hand
87.94
Receivables Turnover
3.24
Payables Turnover
4.09
Inventory Turnover
4.15
Capex per Share
9.83

Balance Sheet

Cash per Share
201,81
Book Value per Share
263,37
Tangible Book Value per Share
263.18
Shareholders Equity per Share
189.86
Interest Debt per Share
3.77
Debt to Equity
0.02
Debt to Assets
0.01
Net Debt to EBITDA
-13.3
Current Ratio
11.63
Tangible Asset Value
10,92 Bil.
Net Current Asset Value
8,24 Bil.
Invested Capital
9838539000
Working Capital
8,45 Bil.
Intangibles to Total Assets
0
Average Receivables
0,54 Bil.
Average Payables
0,26 Bil.
Average Inventory
269493500
Debt to Market Cap
0.03

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.

Top Bright Holding Co., Ltd. Dividends
Year Dividends Growth
2018 5
2019 5 0%
2020 5 0%
2021 8 28.57%
2022 8 0%
2023 4 -133.33%
2024 4 25%

Top Bright Holding Co., Ltd. Profile

About Top Bright Holding Co., Ltd.

Top Bright Holding Co., Ltd. engages in the research, development, manufacture, and sale of weighing instruments and electronic materials in China and internationally. The company operates through Electronic Materials Department and The Scales Department segments. It offers electronic scales, balances, platform scales, crane scales, floor scales, smart cash register scales, smart barcode scales, industrial control weighing instruments, commercial scales, industrial scales, laboratory scales, and medical care scales, as well as weighing application software development. The company also provides electromagnetic wave shielding materials, electromagnetic wave absorbing materials, insulation materials, buffer materials, etc. In addition, it sells computer software and hardware technology, as well as offers consulting services. The company's products are used in the commerce, industry, laboratory, medical health care, transportation, and other fields. Top Bright Holding Co., Ltd. is headquartered in Grand Cayman, the Cayman Islands.

CEO
Ms. Tung Chin Chang
Employee
737
Address
The Grand Pavilion Commerical Centre
Grand Cayman, KY-1003

Top Bright Holding Co., Ltd. Executives & BODs

Top Bright Holding Co., Ltd. Executives & BODs
# Name Age
1 Yiyang Fu
General Manager of Weighing Instrument Business
70
2 Jierou Cai
Chief Accountant & Accounting Officer
70
3 Xiuyue Fu
GM, Chief Information Security Officer & Corporate Governance Officer
70
4 Ms. Tung Chin Chang
GM of Material Business Division & Director
70

Top Bright Holding Co., Ltd. Competitors