Taiwan Paiho Limited Logo

Taiwan Paiho Limited

9938.TW

(1.8)
Stock Price

66,20 TWD

1.32% ROA

4.39% ROE

39.47x PER

Market Cap.

17.281.912.000,00 TWD

124.78% DER

4.31% Yield

4.09% NPM

Taiwan Paiho Limited Stock Analysis

Taiwan Paiho Limited 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.

Taiwan Paiho Limited 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 ROE

The stock's ROE falls within an average range (4.96%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

3 ROA

The stock's ROA (1.84%) 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.

4 PBV

The stock's PBV ratio (1.59x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

5 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

6 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (1.064), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

7 DER

The company has a high debt to equity ratio (117%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

8 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.

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 Graham Number

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

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Taiwan Paiho Limited 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.

Taiwan Paiho Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Taiwan Paiho Limited 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.

Taiwan Paiho Limited Revenue
Year Revenue Growth
2006 4.839.121.000
2007 6.184.952.000 21.76%
2008 6.182.315.000 -0.04%
2009 5.802.938.000 -6.54%
2010 8.373.806.000 30.7%
2011 8.154.366.000 -2.69%
2012 6.980.922.000 -16.81%
2013 8.106.861.000 13.89%
2014 9.115.700.000 11.07%
2015 9.443.084.000 3.47%
2016 10.629.533.000 11.16%
2017 11.747.956.000 9.52%
2018 13.716.050.000 14.35%
2019 15.299.654.000 10.35%
2020 14.645.277.000 -4.47%
2021 18.287.786.000 19.92%
2022 16.270.386.000 -12.4%
2023 14.306.736.000 -13.73%

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.

Taiwan Paiho Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 29.771.000
2007 19.884.000 -49.72%
2008 73.209.000 72.84%
2009 76.409.000 4.19%
2010 131.915.000 42.08%
2011 138.275.000 4.6%
2012 184.560.000 25.08%
2013 188.074.000 1.87%
2014 226.139.000 16.83%
2015 256.641.000 11.89%
2016 294.702.000 12.92%
2017 323.681.000 8.95%
2018 476.405.000 32.06%
2019 612.903.000 22.27%
2020 554.562.000 -10.52%
2021 558.247.000 0.66%
2022 543.759.000 -2.66%
2023 517.248.000 -5.13%

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.

Taiwan Paiho Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 199.582.000
2007 398.381.000 49.9%
2008 390.475.000 -2.02%
2009 331.747.000 -17.7%
2010 397.722.000 16.59%
2011 436.410.000 8.87%
2012 378.048.000 -15.44%
2013 440.235.000 14.13%
2014 473.899.000 7.1%
2015 476.714.000 0.59%
2016 593.675.000 19.7%
2017 624.439.000 4.93%
2018 788.009.000 20.76%
2019 769.375.000 -2.42%
2020 725.833.000 -6%
2021 925.779.000 21.6%
2022 980.204.000 5.55%
2023 976.352.000 -0.39%

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.

Taiwan Paiho Limited EBITDA
Year EBITDA Growth
2006 796.452.000
2007 1.112.236.000 28.39%
2008 865.186.000 -28.55%
2009 986.426.000 12.29%
2010 1.530.725.000 35.56%
2011 1.477.864.000 -3.58%
2012 1.351.648.000 -9.34%
2013 1.725.435.000 21.66%
2014 2.176.853.000 20.74%
2015 2.562.312.000 15.04%
2016 3.019.800.000 15.15%
2017 3.397.453.000 11.12%
2018 3.225.306.000 -5.34%
2019 3.908.905.000 17.49%
2020 4.154.116.000 5.9%
2021 5.464.868.000 23.99%
2022 4.017.848.000 -36.01%
2023 3.363.904.000 -19.44%

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.

Taiwan Paiho Limited Gross Profit
Year Gross Profit Growth
2006 1.500.660.000
2007 1.962.358.000 23.53%
2008 1.704.590.000 -15.12%
2009 1.593.182.000 -6.99%
2010 2.211.532.000 27.96%
2011 2.109.806.000 -4.82%
2012 1.999.711.000 -5.51%
2013 2.495.489.000 19.87%
2014 3.054.247.000 18.29%
2015 3.505.449.000 12.87%
2016 4.178.798.000 16.11%
2017 4.704.951.000 11.18%
2018 4.983.842.000 5.6%
2019 5.467.887.000 8.85%
2020 5.375.925.000 -1.71%
2021 6.928.521.000 22.41%
2022 5.590.581.000 -23.93%
2023 4.763.324.000 -17.37%

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.

Taiwan Paiho Limited Net Profit
Year Net Profit Growth
2006 485.657.000
2007 657.253.000 26.11%
2008 112.555.000 -483.94%
2009 218.390.000 48.46%
2010 1.178.317.000 81.47%
2011 584.443.000 -101.61%
2012 454.117.000 -28.7%
2013 705.491.000 35.63%
2014 979.717.000 27.99%
2015 1.140.107.000 14.07%
2016 1.490.366.000 23.5%
2017 1.619.782.000 7.99%
2018 1.360.306.000 -19.07%
2019 1.522.184.000 10.63%
2020 1.551.805.000 1.91%
2021 2.059.783.000 24.66%
2022 1.520.410.000 -35.48%
2023 1.019.628.000 -49.11%

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.

Taiwan Paiho Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 2
2007 2 50%
2008 0 0%
2009 1 0%
2010 4 100%
2011 2 -200%
2012 2 0%
2013 2 50%
2014 3 33.33%
2015 4 0%
2016 5 40%
2017 5 0%
2018 5 -25%
2019 5 20%
2020 5 0%
2021 7 16.67%
2022 5 -20%
2023 3 -66.67%

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.

Taiwan Paiho Limited Free Cashflow
Year Free Cashflow Growth
2006 73.652.000
2007 -605.377.000 112.17%
2008 -115.512.000 -424.08%
2009 589.513.000 119.59%
2010 64.343.000 -816.2%
2011 820.526.000 92.16%
2012 525.497.000 -56.14%
2013 637.612.000 17.58%
2014 1.386.320.000 54.01%
2015 475.929.000 -191.29%
2016 486.658.000 2.2%
2017 -2.490.443.000 119.54%
2018 -236.051.000 -955.04%
2019 -1.181.782.000 80.03%
2020 3.750.210.000 131.51%
2021 822.754.000 -355.81%
2022 -647.423.000 227.08%
2023 244.008.000 365.33%

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.

Taiwan Paiho Limited Operating Cashflow
Year Operating Cashflow Growth
2006 455.925.000
2007 358.888.000 -27.04%
2008 712.881.000 49.66%
2009 1.038.720.000 31.37%
2010 496.600.000 -109.17%
2011 1.320.070.000 62.38%
2012 1.298.522.000 -1.66%
2013 1.463.299.000 11.26%
2014 2.003.413.000 26.96%
2015 2.074.011.000 3.4%
2016 2.172.924.000 4.55%
2017 1.157.994.000 -87.65%
2018 2.677.517.000 56.75%
2019 1.773.557.000 -50.97%
2020 5.256.659.000 66.26%
2021 2.288.805.000 -129.67%
2022 3.067.848.000 25.39%
2023 711.785.000 -331.01%

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.

Taiwan Paiho Limited Capital Expenditure
Year Capital Expenditure Growth
2006 382.273.000
2007 964.265.000 60.36%
2008 828.393.000 -16.4%
2009 449.207.000 -84.41%
2010 432.257.000 -3.92%
2011 499.544.000 13.47%
2012 773.025.000 35.38%
2013 825.687.000 6.38%
2014 617.093.000 -33.8%
2015 1.598.082.000 61.39%
2016 1.686.266.000 5.23%
2017 3.648.437.000 53.78%
2018 2.913.568.000 -25.22%
2019 2.955.339.000 1.41%
2020 1.506.449.000 -96.18%
2021 1.466.051.000 -2.76%
2022 3.715.271.000 60.54%
2023 467.777.000 -694.24%

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.

Taiwan Paiho Limited Equity
Year Equity Growth
2006 3.769.942.000
2007 4.651.830.000 18.96%
2008 4.742.039.000 1.9%
2009 4.687.427.000 -1.17%
2010 5.259.682.000 10.88%
2011 5.375.115.000 2.15%
2012 5.280.949.000 -1.78%
2013 5.845.602.000 9.66%
2014 6.745.708.000 13.34%
2015 7.281.058.000 7.35%
2016 7.826.445.000 6.97%
2017 8.308.508.000 5.8%
2018 11.100.276.000 25.15%
2019 11.667.091.000 4.86%
2020 12.453.988.000 6.32%
2021 13.630.359.000 8.63%
2022 14.488.200.000 5.92%
2023 14.133.103.000 -2.51%

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.

Taiwan Paiho Limited Assets
Year Assets Growth
2006 7.026.314.000
2007 8.986.554.000 21.81%
2008 9.129.525.000 1.57%
2009 8.879.940.000 -2.81%
2010 10.919.406.000 18.68%
2011 11.403.213.000 4.24%
2012 11.021.277.000 -3.47%
2013 12.417.368.000 11.24%
2014 14.359.066.000 13.52%
2015 15.871.397.000 9.53%
2016 16.748.092.000 5.23%
2017 21.451.321.000 21.93%
2018 26.633.713.000 19.46%
2019 27.627.305.000 3.6%
2020 31.742.387.000 12.96%
2021 28.935.862.000 -9.7%
2022 31.833.546.000 9.1%
2023 33.275.259.000 4.33%

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.

Taiwan Paiho Limited Liabilities
Year Liabilities Growth
2006 3.149.573.000
2007 4.052.150.000 22.27%
2008 4.021.767.000 -0.76%
2009 3.965.426.000 -1.42%
2010 4.855.212.000 18.33%
2011 4.686.357.000 -3.6%
2012 4.454.264.000 -5.21%
2013 5.203.082.000 14.39%
2014 5.567.487.000 6.55%
2015 6.491.343.000 14.23%
2016 6.820.604.000 4.83%
2017 10.836.919.000 37.06%
2018 15.533.437.000 30.23%
2019 15.960.214.000 2.67%
2020 19.288.399.000 17.25%
2021 15.305.503.000 -26.02%
2022 17.345.346.000 11.76%
2023 19.142.156.000 9.39%

Taiwan Paiho Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
41.33
Net Income per Share
1.47
Price to Earning Ratio
39.47x
Price To Sales Ratio
1.41x
POCF Ratio
11.93
PFCF Ratio
-16.42
Price to Book Ratio
1.47
EV to Sales
2.26
EV Over EBITDA
12.12
EV to Operating CashFlow
19.2
EV to FreeCashFlow
-26.28
Earnings Yield
0.03
FreeCashFlow Yield
-0.06
Market Cap
17,28 Bil.
Enterprise Value
27,66 Bil.
Graham Number
36.11
Graham NetNet
-33.11

Income Statement Metrics

Net Income per Share
1.47
Income Quality
2.77
ROE
0.04
Return On Assets
0.02
Return On Capital Employed
0.05
Net Income per EBT
1.08
EBT Per Ebit
0.43
Ebit per Revenue
0.09
Effective Tax Rate
0.41

Margins

Sales, General, & Administrative to Revenue
0.08
Research & Developement to Revenue
0.04
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.3
Operating Profit Margin
0.09
Pretax Profit Margin
0.04
Net Profit Margin
0.04

Dividends

Dividend Yield
0.04
Dividend Yield %
4.31
Payout Ratio
0
Dividend Per Share
2.5

Operating Metrics

Operating Cashflow per Share
4.86
Free CashFlow per Share
-3.55
Capex to Operating CashFlow
-1.73
Capex to Revenue
-0.2
Capex to Depreciation
-1.98
Return on Invested Capital
0.02
Return on Tangible Assets
0.01
Days Sales Outstanding
79.04
Days Payables Outstanding
20.48
Days of Inventory on Hand
210.16
Receivables Turnover
4.62
Payables Turnover
17.82
Inventory Turnover
1.74
Capex per Share
-8.41

Balance Sheet

Cash per Share
16,50
Book Value per Share
39,44
Tangible Book Value per Share
46.97
Shareholders Equity per Share
39.44
Interest Debt per Share
51.11
Debt to Equity
1.25
Debt to Assets
0.44
Net Debt to EBITDA
4.55
Current Ratio
1.13
Tangible Asset Value
13,92 Bil.
Net Current Asset Value
-5,71 Bil.
Invested Capital
1.25
Working Capital
1,54 Bil.
Intangibles to Total Assets
0.01
Average Receivables
2,42 Bil.
Average Payables
0,45 Bil.
Average Inventory
4928722000
Debt to Market Cap
0.84

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.

Taiwan Paiho Limited Dividends
Year Dividends Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 1 0%
2008 1 0%
2009 0 0%
2010 0 0%
2011 3 100%
2012 0 0%
2013 1 100%
2014 2 0%
2015 2 50%
2016 2 0%
2017 3 33.33%
2018 3 0%
2019 3 -50%
2020 3 33.33%
2021 3 0%
2022 4 0%
2023 3 -50%

Taiwan Paiho Limited Profile

About Taiwan Paiho Limited

Taiwan Paiho Limited manufactures and sells touch fastener, webbings, elastic, easy tapes, and fabrics in Taiwan and internationally. The company offers general footwear and webbings for garments, shoelaces, and pull strings; touch fasteners; knitted elastic, flat woven elastic, jacquard elastic, and multi-directional textile with elasticity; easy tape products for applications in paper diapers, medical equipment, computer pipelines, outdoor sporting goods, car seats and interiors, and other accessories; bamboo charcoal yarn, bamboo charcoal insulation cotton, recycled pet yarn, and other processed products; powder coating products; and jacquard digital woven fabric, jacquard engineered mesh, and other fabrics for use in footwear, garment, boutique suitcase and bags, and home decor. It also sells houses and apartment buildings built by the construction enterprises. In addition, the company engages in the production and marketing of embroidery, consumer electronic accessories, and masks and non-woven products; commercial property management; planning consultant, development, and leasing of real estate; and provision of design decoration services, as well as engages in international investment and trading activities. The company was formerly known as San Ho Hsin Limited and changed its name to Taiwan Paiho Limited in 1986. Taiwan Paiho Limited was founded in 1979 and is headquartered in Changhua, Taiwan.

CEO
Mr. Sei Mei Cheng
Employee
612
Address
No.575, Hegang Road
Changhua, 508

Taiwan Paiho Limited Executives & BODs

Taiwan Paiho Limited Executives & BODs
# Name Age
1 Ms. Yi-Lun Cheng
Manager & Director
70
2 Mr. Hui Huang Huang
Senior Manager & Head of Factory
70
3 Mr. Cheng-Tsung Cheng
Executive Vice GM of Sales Department
70
4 Huan-Tung Tseng
Vice General Manager
70
5 Mr. Yao-Da Huang
Vice Senior Manager of Finance Department & Accounting Officer
70
6 Mr. Sei Mei Cheng
Chairman & Chief Executive Officer
70
7 Mr. Cheng-Wei Cheng
GM & Director
70

Taiwan Paiho Limited Competitors