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Longwell

GTSM:6290
Snowflake Description

Outstanding track record with excellent balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
6290
GTSM
NT$7B
Market Cap
  1. Home
  2. TW
  3. Capital Goods
Company description

Longwell Company produces and sells electronic components and cable products worldwide. The last earnings update was 7 days ago. More info.


Add to Portfolio Compare Print
  • Longwell has significant price volatility in the past 3 months.
6290 Share Price and Events
7 Day Returns
6.3%
GTSM:6290
2.2%
TW Electrical
0.4%
TW Market
1 Year Returns
4%
GTSM:6290
-13.6%
TW Electrical
-10.7%
TW Market
6290 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Longwell (6290) 6.3% -16.7% -23.7% 4% 62.2% 62.5%
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
  • 6290 outperformed the Electrical industry which returned -13.6% over the past year.
  • 6290 outperformed the Market in Taiwan, Province of China which returned -10.7% over the past year.
Price Volatility
6290
Industry
5yr Volatility vs Market

6290 Value

 Is Longwell 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 Longwell 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 Longwell.

GTSM:6290 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 7.9%
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:6290
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%) (14.73%))
1.165
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.17
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.71% + (1.165 * 6.21%)
7.95%

Discounted Cash Flow Calculation for GTSM:6290 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Longwell 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:6290 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TWD, Millions) Source Present Value
Discounted (@ 7.95%)
2020 1,935.47 Est @ 87.95% 1,792.99
2021 3,131.16 Est @ 61.78% 2,687.10
2022 4,491.87 Est @ 43.46% 3,571.05
2023 5,867.86 Est @ 30.63% 4,321.54
2024 7,138.61 Est @ 21.66% 4,870.38
2025 8,235.97 Est @ 15.37% 5,205.40
2026 9,139.75 Est @ 10.97% 5,351.35
2027 9,861.29 Est @ 7.89% 5,348.75
2028 10,427.25 Est @ 5.74% 5,239.36
2029 10,868.36 Est @ 4.23% 5,058.97
Present value of next 10 years cash flows NT$43,446.00
GTSM:6290 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= NT$10,868.36 × (1 + 0.71%) ÷ (7.95% – 0.71%)
NT$151,246.13
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NT$151,246.13 ÷ (1 + 7.95%)10
NT$70,401.62
GTSM:6290 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NT$43,446.00 + NT$70,401.62
NT$113,847.62
Equity Value per Share
(TWD)
= Total value / Shares Outstanding
= NT$113,847.62 / 143.03
NT$795.99
GTSM:6290 Discount to Share Price
Calculation Result
Value per share (TWD) From above. NT$795.99
Current discount Discount to share price of NT$51.50
= -1 x (NT$51.50 - NT$795.99) / NT$795.99
93.5%

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

Current Discount
Amount off the current price Longwell is available for.
Intrinsic value
>50%
Share price is NT$51.5 vs Future cash flow value of NT$795.99
Current Discount Checks
For Longwell to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Longwell's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Longwell's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Longwell's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Longwell's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
GTSM:6290 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TWD NT$6.35
GTSM:6290 Share Price ** GTSM (2020-04-01) in TWD NT$51.5
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 Longwell.

GTSM:6290 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= GTSM:6290 Share Price ÷ EPS (both in TWD)

= 51.5 ÷ 6.35

8.11x

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

  • Longwell is good value based on earnings compared to the TW Electrical industry average.
  • Longwell is good value based on earnings compared to the Taiwan, Province of China market.
Price based on expected Growth
Does Longwell's expected growth come at a high price?
Raw Data
GTSM:6290 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.11x
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 Longwell, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Longwell's assets?
Raw Data
GTSM:6290 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TWD NT$29.54
GTSM:6290 Share Price * GTSM (2020-04-01) in TWD NT$51.5
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:6290 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= GTSM:6290 Share Price ÷ Book Value per Share (both in TWD)

= 51.5 ÷ 29.54

1.74x

* Primary Listing of Longwell.

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

  • Longwell is overvalued based on assets compared to the TW Electrical industry average.
X
Value checks
We assess Longwell'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. Longwell has a total score of 4/6, 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.

6290 Future Performance

 How is Longwell 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 Longwell 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 Longwell expected to grow at an attractive rate?
  • Unable to compare Longwell's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Longwell's earnings growth to the Taiwan, Province of China market average as no estimate data is available.
  • Unable to compare Longwell's revenue growth to the Taiwan, Province of China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
GTSM:6290 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:6290 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:6290 Future Estimates Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
GTSM:6290 Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2019-12-31 7,021 1,253 905
2019-09-30 7,128 1,166 770
2019-06-30 7,105 1,166 477
2019-03-31 7,044 784 299
2018-12-31 7,259 426 160
2018-09-30 7,063 75 153
2018-06-30 6,976 -525 227
2018-03-31 6,836 -282 228
2017-12-31 6,308 165 227
2017-09-30 6,292 463 281
2017-06-30 6,228 868 312
2017-03-31 6,337 875 289

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Longwell is high growth as no earnings estimate data is available.
  • Unable to determine if Longwell 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:6290 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Longwell Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:6290 Future Estimates Data
Date (Data in TWD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
GTSM:6290 Past Financials Data
Date (Data in TWD Millions) EPS *
2019-12-31 6.35
2019-09-30 5.42
2019-06-30 3.37
2019-03-31 2.12
2018-12-31 1.14
2018-09-30 1.10
2018-06-30 1.66
2018-03-31 1.70
2017-12-31 1.71
2017-09-30 2.14
2017-06-30 2.38
2017-03-31 2.21

*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 Longwell will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Longwell is trading at Longwell'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Longwell'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
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Longwell'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.
Longwell 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.

6290 Past Performance

  How has Longwell performed over the past 5 years?

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 Longwell'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.
  • Longwell's year on year earnings growth rate has been positive over the past 5 years.
  • Longwell's 1-year earnings growth exceeds its 5-year average (465.9% vs 10.5%)
  • Longwell's earnings growth has exceeded the TW Electrical industry average in the past year (465.9% vs 2.4%).
Earnings and Revenue History
Longwell'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 Longwell Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:6290 Past Revenue, Cash Flow and Net Income Data
Date (Data in TWD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 7,021.30 904.56 589.95 60.55
2019-09-30 7,127.95 770.39 585.81 72.20
2019-06-30 7,104.98 477.48 577.52 71.80
2019-03-31 7,044.37 299.28 573.49 74.68
2018-12-31 7,259.17 159.86 584.74 77.73
2018-09-30 7,063.37 152.98 588.81 72.37
2018-06-30 6,975.66 227.32 595.55 75.96
2018-03-31 6,835.88 228.49 581.54 74.67
2017-12-31 6,307.55 226.57 566.95 69.91
2017-09-30 6,292.28 281.43 580.62 66.96
2017-06-30 6,228.29 312.41 578.41 61.56
2017-03-31 6,337.32 288.94 586.49 56.48
2016-12-31 6,754.57 404.75 601.26 57.79
2016-09-30 7,293.23 444.49 605.50 56.31
2016-06-30 7,560.56 462.42 625.17 57.36
2016-03-31 7,492.25 401.10 633.80 59.44
2015-12-31 7,370.13 296.28 635.95 57.25
2015-09-30 7,089.40 294.96 640.37 57.28
2015-06-30 7,075.74 263.57 644.38 57.39
2015-03-31 7,315.92 303.90 681.98 58.55
2014-12-31 7,335.07 369.10 715.36 57.32
2014-09-30 7,354.19 329.70 702.00 56.04
2014-06-30 7,232.69 296.92 680.97 58.04
2014-03-31 7,017.17 310.37 640.08 55.58
2013-12-31 6,739.63 275.10 587.73 57.72
2013-09-30 6,639.04 174.27 589.43 60.24
2013-06-30 6,901.86 225.65 590.33 60.69

*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.
  • Longwell has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • Longwell used its assets more efficiently than the TW Electrical industry average last year based on Return on Assets.
  • Longwell has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Longwell'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.
Longwell has a total score of 6/6, 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.

6290 Health

 How is Longwell'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 Longwell's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Longwell is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Longwell's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Longwell'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 4.7x 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 Longwell Company Filings, last reported 3 months ago.

GTSM:6290 Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,384.95 978.70 1,164.79
2019-09-30 4,213.29 1,018.18 962.75
2019-06-30 4,004.25 1,021.11 895.81
2019-03-31 3,942.76 1,144.00 767.50
2018-12-31 3,725.89 1,156.86 572.29
2018-09-30 3,623.95 1,166.24 382.72
2018-06-30 3,689.29 1,078.77 250.83
2018-03-31 3,842.46 1,058.91 440.72
2017-12-31 3,684.50 873.66 264.35
2017-09-30 3,536.81 735.71 359.78
2017-06-30 3,424.58 443.94 697.22
2017-03-31 3,650.39 526.37 671.15
2016-12-31 3,805.01 464.47 410.55
2016-09-30 3,648.54 512.58 558.49
2016-06-30 3,618.77 100.00 624.58
2016-03-31 3,839.45 220.78 630.22
2015-12-31 3,758.66 470.43 478.32
2015-09-30 3,604.35 230.21 501.74
2015-06-30 3,462.13 330.11 1,138.05
2015-03-31 3,759.19 553.08 1,461.18
2014-12-31 3,757.61 261.18 855.39
2014-09-30 3,518.23 254.82 609.85
2014-06-30 3,354.76 157.77 423.49
2014-03-31 3,348.52 690.69 871.68
2013-12-31 3,169.03 467.34 616.37
2013-09-30 2,992.05 565.24 587.50
2013-06-30 2,979.37 344.01 680.11
  • Longwell's level of debt (22.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (7% vs 22.3% today).
  • Debt is well covered by operating cash flow (128%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 59.5x coverage).
X
Financial health checks
We assess Longwell'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. Longwell has a total score of 5/6, 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.

6290 Dividends

 What is Longwell'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
2.91%
Current annual income from Longwell dividends.
If you bought NT$2,000 of Longwell shares you are expected to receive NT$58 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?
  • Longwell's pays a lower dividend yield than the bottom 25% of dividend payers in Taiwan, Province of China (3.26%).
  • Longwell's dividend is below the markets top 25% of dividend payers in Taiwan, Province of China (7.08%).
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:6290 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:6290 Future Dividends Estimate Data
Date (Data in NT$) Dividend per Share (annual) Avg. No. Analysts
GTSM:6290 Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2019-05-14 1.500 2.569
2019-03-29 1.500 2.861
2019-03-22 1.500 2.921
2018-08-14 1.503 4.528
2018-05-15 1.500 3.839
2018-03-30 1.503 3.663
2018-03-28 1.503 3.123
2017-03-21 2.653 5.576
2016-03-31 2.000 6.567
2015-03-23 1.813 6.944
2014-11-12 1.428 4.453
2014-08-11 1.428 4.839
2014-05-15 1.522 4.148
2013-03-29 2.002 7.239
2012-10-30 1.046 3.843
2012-08-24 1.046 3.147
2012-03-23 1.046 3.229
2011-10-26 2.495 7.793
2011-08-23 2.495 7.798
2011-03-29 2.495 6.962
2010-08-27 2.980 6.928
2010-04-01 2.980 6.016
2009-08-25 0.750 1.505

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Longwell's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.2x coverage).
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 Longwell'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 Longwell afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Longwell has a total score of 2/6, see the detailed checks below.


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

6290 Management

 What is the CEO of Longwell'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
C. T. Lee
COMPENSATION NT$9,368,000
CEO Bio

Mr. C. T. Lee has been the President of Longwell Company since June 1, 1999 and served as its Chief Executive Officer. Mr. Lee served as the President of Formosa Plastics Corporation, U.S.A. He serves as Chairman of Longwell Technology (Suzhou) Co., Ltd and Supervisor of Linetek Electronic Co., Ltd. He serves as the Chairman at Longwell Company and has been its Director since June 19, 2009. Mr. Lee serves as Director of Longwell Japan Co., Ltd., Skilful Limited, GREAT GRAND GROUP LIMITED, Suzhou Longwell Electronics Co., Ltd., Feng Mao Investments Limited. Mr. Lee Studied from Lunghwa Junior College of Technology and Commerce.

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

Average tenure of the Longwell management team in years:

10.1
Average Tenure
  • The average tenure for the Longwell management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

C. T. Lee

TITLE
Chairman & President
COMPENSATION
NT$9M

Carol Chien

TITLE
Director of Financial & Accounting Department

W. Y. Lin

TITLE
Vice President of Sales
TENURE
10.1 yrs

Terry Tseng

TITLE
Vice President of Research & Development
TENURE
10.1 yrs

Sam Ho

TITLE
Executive Assistant for Chairman
TENURE
10.1 yrs
Board of Directors Tenure

Average tenure of the Longwell board of directors in years:

10.8
Average Tenure
  • The average tenure for the Longwell board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

C. T. Lee

TITLE
Chairman & President
COMPENSATION
NT$9M

Ken Huang

TITLE
Vice Chairman
TENURE
7.8 yrs

L. S. Chen

TITLE
Director
TENURE
13.8 yrs

T. F. Hsieh

TITLE
Director
TENURE
10.8 yrs

K. T. Chen

TITLE
Director
TENURE
10.8 yrs

W. J. Huang

TITLE
Independent Director
TENURE
7.8 yrs

Tao-Yu Sun

TITLE
Independent Director
TENURE
4.8 yrs

Yu-Mi Huang

TITLE
Supervisor
TENURE
17.7 yrs

Ronnie Chang

TITLE
Supervisor
TENURE
4.8 yrs

Y. F. Hsieh

TITLE
Supervisor
TENURE
10.8 yrs
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 Longwell'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. Longwell 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.

6290 News

Simply Wall St News

6290 Company Info

Description

Longwell Company produces and sells electronic components and cable products worldwide. It offers power cords for various applications, such as computers, telecommunications, consumer electronics, and home appliances; and electronic wires and cables, insulation tubes, and heat-shrinkable tubes for use in computers, home appliances, telecommunications, and other electronics products. The company also provides cable assemblies for various market sectors, including computer, communication, and consumer electronic and networking industries; connectors primarily for mobile devices, computers, and GPS; wire, AC, and DC halogen free products; and USB output, desk top, car, and wireless chargers, as well as interchangeable plugs, AC and wall-mount adapters, EV charging units, and mechanical components and plastic parts. In addition, it offers a range of support services comprising product design, engineering, volume manufacturing, and logistics services to multinational and regional OEMs. The company was founded in 1972 and is headquartered in Taipei, Taiwan.

Details
Name: Longwell Company
6290
Exchange: GTSM
Founded: 1972
NT$7,365,826,228
143,025,752
Website: http://www.longwell.com
Address: Longwell Company
No. 36, Chang An East Road,
10th Floor,
Taipei,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
GTSM 6290 Common Stock Taipei Exchange TW TWD 03. Jun 2005
Number of employees
Current staff
Staff numbers
0
Longwell employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/02 14:45
End of day share price update: 2020/04/01 00:00
Last estimates confirmation: 2019/03/22
Last earnings filing: 2020/03/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.