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Wieson Technologies

GTSM:6272
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6272
GTSM
NT$209M
Market Cap
  1. Home
  2. TW
  3. Capital Goods
Company description

Wieson Technologies Co., Ltd. manufactures and sells interconnect components and wireless components. The last earnings update was 232 days ago. More info.


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  • Wieson Technologies has significant price volatility in the past 3 months.
6272 Share Price and Events
7 Day Returns
3.3%
GTSM:6272
2.2%
TW Electrical
0.4%
TW Market
1 Year Returns
-24.4%
GTSM:6272
-13.6%
TW Electrical
-10.7%
TW Market
6272 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wieson Technologies (6272) 3.3% -24% -37.4% -24.4% -73.4% -66.8%
TW Electrical 2.2% -13.7% -19.6% -13.6% -9.8% -4.6%
TW Market 0.4% -13.8% -20.2% -10.7% -4.7% -0.3%
1 Year Return vs Industry and Market
  • 6272 underperformed the Electrical industry which returned -13.6% over the past year.
  • 6272 underperformed the Market in Taiwan, Province of China which returned -10.7% over the past year.
Price Volatility
6272
Industry
5yr Volatility vs Market

Value

 Is Wieson Technologies undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wieson Technologies to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wieson Technologies.

GTSM:6272 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.1%
Perpetual Growth Rate 10-Year TW Government Bond Rate 0.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for GTSM:6272
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TW Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.2%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.12
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 20%) (454.06%))
3.792
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.71% + (2 * 6.21%)
13.13%

Discounted Cash Flow Calculation for GTSM:6272 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wieson Technologies is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

GTSM:6272 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TWD, Millions) Source Present Value
Discounted (@ 13.13%)
2020 9.80 Est @ -42.78% 8.67
2021 6.89 Est @ -29.73% 5.38
2022 5.47 Est @ -20.6% 3.78
2023 4.69 Est @ -14.21% 2.86
2024 4.24 Est @ -9.73% 2.29
2025 3.96 Est @ -6.6% 1.89
2026 3.78 Est @ -4.41% 1.59
2027 3.67 Est @ -2.87% 1.37
2028 3.61 Est @ -1.8% 1.19
2029 3.57 Est @ -1.04% 1.04
Present value of next 10 years cash flows NT$30.00
GTSM:6272 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= NT$3.57 × (1 + 0.71%) ÷ (13.13% – 0.71%)
NT$28.95
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NT$28.95 ÷ (1 + 13.13%)10
NT$8.43
GTSM:6272 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NT$30.00 + NT$8.43
NT$38.43
Equity Value per Share
(TWD)
= Total value / Shares Outstanding
= NT$38.43 / 66.66
NT$0.58
GTSM:6272 Discount to Share Price
Calculation Result
Value per share (TWD) From above. NT$0.58
Current discount Discount to share price of NT$3.13
= -1 x (NT$3.13 - NT$0.58) / NT$0.58
-443%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Wieson Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wieson Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wieson Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
GTSM:6272 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in TWD NT$-0.72
GTSM:6272 Share Price ** GTSM (2020-04-01) in TWD NT$3.13
Taiwan, Province of China Electrical Industry PE Ratio Median Figure of 59 Publicly-Listed Electrical Companies 13.12x
Taiwan, Province of China Market PE Ratio Median Figure of 1,472 Publicly-Listed Companies 13.98x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wieson Technologies.

GTSM:6272 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= GTSM:6272 Share Price ÷ EPS (both in TWD)

= 3.13 ÷ -0.72

-4.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wieson Technologies is loss making, we can't compare its value to the TW Electrical industry average.
  • Wieson Technologies is loss making, we can't compare the value of its earnings to the Taiwan, Province of China market.
Price based on expected Growth
Does Wieson Technologies's expected growth come at a high price?
Raw Data
GTSM:6272 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Taiwan, Province of China Electrical Industry PEG Ratio Median Figure of 5 Publicly-Listed Electrical Companies 1.85x
Taiwan, Province of China Market PEG Ratio Median Figure of 183 Publicly-Listed Companies 1.04x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Wieson Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Wieson Technologies's assets?
Raw Data
GTSM:6272 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in TWD NT$12.15
GTSM:6272 Share Price * GTSM (2020-04-01) in TWD NT$3.13
Taiwan, Province of China Electrical Industry PB Ratio Median Figure of 78 Publicly-Listed Electrical Companies 0.96x
Taiwan, Province of China Market PB Ratio Median Figure of 1,961 Publicly-Listed Companies 1.17x
GTSM:6272 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= GTSM:6272 Share Price ÷ Book Value per Share (both in TWD)

= 3.13 ÷ 12.15

0.26x

* Primary Listing of Wieson Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wieson Technologies is good value based on assets compared to the TW Electrical industry average.
X
Value checks
We assess Wieson Technologies's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Wieson Technologies has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Wieson Technologies expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Wieson Technologies has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.6%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wieson Technologies expected to grow at an attractive rate?
  • Unable to compare Wieson Technologies's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Wieson Technologies's earnings growth to the Taiwan, Province of China market average as no estimate data is available.
  • Unable to compare Wieson Technologies's revenue growth to the Taiwan, Province of China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
GTSM:6272 Future Growth Rates Data Sources
Data Point Source Value (per year)
Taiwan, Province of China Electrical Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Taiwan, Province of China Electrical Industry Revenue Growth Rate Market Cap Weighted Average 6.8%
Taiwan, Province of China Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Taiwan, Province of China Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
GTSM:6272 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in TWD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
GTSM:6272 Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2019-06-30 2,602 107 -48
2019-03-31 2,602 53 -61
2018-12-31 2,602 0 -73
2018-09-30 2,585 -19 -64
2018-06-30 2,568 -39 -55
2018-03-31 2,715 43 -30
2017-12-31 2,863 125 -5
2017-09-30 3,079 184 33
2017-06-30 3,294 243 72
2017-03-31 3,318 138 80
2016-12-31 3,343 33 88
2016-09-30 3,233 13 41

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Wieson Technologies is high growth as no earnings estimate data is available.
  • Unable to determine if Wieson Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
GTSM:6272 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Wieson Technologies Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:6272 Past Financials Data
Date (Data in TWD Millions) EPS *
2019-06-30 -0.72
2019-03-31 -0.91
2018-12-31 -1.10
2018-09-30 -0.96
2018-06-30 -0.82
2018-03-31 -0.45
2017-12-31 -0.08
2017-09-30 0.50
2017-06-30 1.08
2017-03-31 1.20
2016-12-31 1.31
2016-09-30 0.62

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Wieson Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Wieson Technologies's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  2. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Wieson Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Taiwan, Province of China market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Taiwan, Province of China market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wieson Technologies has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wieson Technologies performed over the past 5 years?

  • Wieson Technologies's last earnings update was 232 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wieson Technologies's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wieson Technologies does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Wieson Technologies's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Wieson Technologies's 1-year growth to the TW Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Wieson Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wieson Technologies Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:6272 Past Revenue, Cash Flow and Net Income Data
Date (Data in TWD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 2,602.08 -48.28 395.08 174.22
2019-03-31 2,601.94 -60.85 381.51 182.43
2018-12-31 2,601.81 -73.43 367.94 190.63
2018-09-30 2,584.79 -64.05 363.43 190.44
2018-06-30 2,567.77 -54.68 358.92 190.25
2018-03-31 2,715.42 -30.06 384.78 188.84
2017-12-31 2,863.07 -5.45 410.64 187.43
2017-09-30 3,078.70 33.34 442.03 189.78
2017-06-30 3,294.33 72.13 473.43 192.13
2017-03-31 3,318.45 79.89 476.57 192.19
2016-12-31 3,342.57 87.64 479.71 192.26
2016-09-30 3,233.02 41.10 458.66 190.87
2016-06-30 3,123.47 -5.43 437.61 189.48
2016-03-31 3,114.64 -27.39 431.82 176.18
2015-12-31 3,105.81 -49.34 426.03 162.89
2015-09-30 3,199.06 -18.84 438.75 147.62
2015-06-30 3,292.31 11.66 451.47 132.36
2015-03-31 3,341.85 27.15 457.01 127.53
2014-12-31 3,391.38 42.64 462.55 122.70
2014-09-30 3,226.23 20.50 452.14 123.72
2014-06-30 3,061.07 -1.64 441.74 124.73
2014-03-31 3,156.45 12.87 465.99 129.46
2013-12-31 3,055.76 13.03 470.66 130.11
2013-09-30 3,134.39 20.21 510.27 126.78
2013-06-30 3,213.03 27.39 549.87 123.45

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Wieson Technologies has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Wieson Technologies has efficiently used its assets last year compared to the TW Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Wieson Technologies improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Wieson Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wieson Technologies has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wieson Technologies's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wieson Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wieson Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wieson Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Wieson Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wieson Technologies Company Filings, last reported 9 months ago.

GTSM:6272 Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 919.08 849.71 147.72
2019-03-31 919.08 849.71 147.72
2018-12-31 934.66 829.49 197.18
2018-09-30 934.66 829.49 197.18
2018-06-30 995.53 878.33 201.30
2018-03-31 995.53 878.33 201.30
2017-12-31 1,011.18 717.51 195.88
2017-09-30 1,011.18 717.51 195.88
2017-06-30 1,007.81 678.92 224.27
2017-03-31 1,007.81 678.92 224.27
2016-12-31 986.14 723.79 191.77
2016-09-30 986.14 723.79 191.77
2016-06-30 954.71 844.94 183.56
2016-03-31 954.71 844.94 183.56
2015-12-31 953.00 697.77 198.93
2015-09-30 953.00 697.77 198.93
2015-06-30 968.06 765.82 192.00
2015-03-31 968.06 765.82 192.00
2014-12-31 1,026.72 671.33 136.93
2014-09-30 1,026.72 671.33 136.93
2014-06-30 954.31 789.80 157.06
2014-03-31 954.31 789.80 157.06
2013-12-31 925.98 404.71 161.23
2013-09-30 925.98 404.71 161.23
2013-06-30 965.61 289.54 157.09
  • Wieson Technologies's level of debt (92.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (82.6% vs 92.5% today).
  • Debt is not well covered by operating cash flow (12.6%, less than 20% of total debt).
  • Unable to confirm if the interest payments on Wieson Technologies's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Wieson Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wieson Technologies has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Wieson Technologies's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Wieson Technologies dividends.
If you bought NT$2,000 of Wieson Technologies shares you are expected to receive NT$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Wieson Technologies's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Wieson Technologies's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
GTSM:6272 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Taiwan, Province of China Electrical Industry Average Dividend Yield Market Cap Weighted Average of 53 Stocks 4.9%
Taiwan, Province of China Market Average Dividend Yield Market Cap Weighted Average of 1329 Stocks 4.6%
Taiwan, Province of China Minimum Threshold Dividend Yield 10th Percentile 1.8%
Taiwan, Province of China Bottom 25% Dividend Yield 25th Percentile 3.3%
Taiwan, Province of China Top 25% Dividend Yield 75th Percentile 7.1%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

GTSM:6272 Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2019-04-29 0.000 0.000
2018-08-14 0.000 0.000
2018-04-30 0.000 0.000
2017-04-28 0.291 3.574
2017-04-27 0.291 2.531
2016-08-15 0.000 0.000
2016-08-11 0.000 0.000
2016-04-28 0.000 0.000
2016-04-27 0.000 0.000
2015-04-22 0.296 4.419
2014-04-22 0.169 1.568
2014-04-14 0.169 1.656
2013-04-26 0.253 2.117
2012-04-24 0.680 5.782
2011-08-30 0.947 7.356
2011-04-28 0.947 6.389
2010-08-31 0.379 2.592
2009-08-31 0.284 3.087
2009-04-30 0.284 4.447

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Wieson Technologies has not reported any payouts.
  • Unable to verify if Wieson Technologies's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Wieson Technologies's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Wieson Technologies has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Wieson Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wieson Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wieson Technologies has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Wieson Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Qiu De Zhao
TENURE AS CEO 15.6 years
CEO Bio

Qiu De Zhao has been President of Wieson Technologies Company Ltd. since September 2004 and also its Director since January 1990. Qiu De Zhao studied at Lee Ming Institute of Technology- Department of Electrical Engineering. .

CEO Compensation
  • Insufficient data for Qiu to compare compensation growth.
  • Insufficient data for Qiu to establish whether their remuneration is reasonable compared to companies of similar size in Taiwan, Province of China.
Management Team

Qiu De Zhao

TITLE
President and Director
TENURE
15.6 yrs

Zheng Xiong Chen

TITLE
Executive Vice President
Board of Directors Tenure

Average tenure of the Wieson Technologies board of directors in years:

15.3
Average Tenure
  • The average tenure for the Wieson Technologies board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Chen Qin

TITLE
Chairman

Qiu De Zhao

TITLE
President and Director
TENURE
30.3 yrs

Zhu Long

TITLE
Director
TENURE
17.8 yrs

Chen Huang

TITLE
Director
TENURE
14.8 yrs

Shen Zhe

TITLE
Director
TENURE
15.3 yrs

Michael Liu

TITLE
Independent Director
TENURE
14.4 yrs

Lai Yi

TITLE
Independent Director
TENURE
15.3 yrs

Zhen Yi Wu

TITLE
Supervisor
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (NT$) Value (NT$)
X
Management checks
We assess Wieson Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wieson Technologies has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Wieson Technologies Co., Ltd. manufactures and sells interconnect components and wireless components. It offers I/O connectors, board mount connectors, card and socket connecters, connecters and cables, cable assemblies, optical fiber components, wires, wireless modules, automotive electronics, and LED lighting products, as well as antennas. The company was founded in 1990 and is headquartered in New Taipei City, Taiwan.

Details
Name: Wieson Technologies Co., Ltd.
6272
Exchange: GTSM
Founded: 1990
NT$208,658,157
66,663,948
Website: http://www.wieson.com
Address: Wieson Technologies Co., Ltd.
No. 237, Datong Road,
15th Floor,
New Taipei City,
22146,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
GTSM 6272 Common Stock Taipei Exchange TW TWD 02. Aug 2007
Number of employees
Current staff
Staff numbers
0
Wieson Technologies employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 17:29
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2019/08/14
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.