Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Taisun Int'l (Holding)

TSEC:8480
Snowflake Description

Excellent balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8480
TSEC
NT$5B
Market Cap
  1. Home
  2. TW
  3. Household
Company description

Taisun Int'l (Holding) Corporation, together with its subsidiaries, disposable baby diapers, adult incontinent, feminine sanitary napkins, and wet tissues products. The last earnings update was 39 days ago. More info.


Add to Portfolio Compare Print
8480 Share Price and Events
7 Day Returns
1.3%
TSEC:8480
0.8%
TW Personal Products
-0.2%
TW Market
1 Year Returns
-10.3%
TSEC:8480
-34.5%
TW Personal Products
-10.7%
TW Market
8480 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Taisun Int'l (Holding) (8480) 1.3% -15.4% -11.9% -10.3% -5.9% -
TW Personal Products 0.8% -17% -25.8% -34.5% -15.7% 14.1%
TW Market -0.2% -14.9% -19.2% -10.7% -4.1% -0.7%
1 Year Return vs Industry and Market
  • 8480 outperformed the Personal Products industry which returned -34.5% over the past year.
  • 8480 matched the Taiwan, Province of China Market (-10.7%) over the past year.
Price Volatility
8480
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Taisun Int'l (Holding)'s competitors could be found in our database.

Value

 Is Taisun Int'l (Holding) 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 Taisun Int'l (Holding) 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 Taisun Int'l (Holding).

TSEC:8480 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 1 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.2%
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 TSEC:8480
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TW Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 9.3%
Personal Products Unlevered Beta Simply Wall St/ S&P Global 0.6
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.596 (1 + (1- 20%) (13.31%))
0.772
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.71% + (0.8 * 9.33%)
8.17%

Discounted Cash Flow Calculation for TSEC:8480 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Taisun Int'l (Holding) 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.

TSEC:8480 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (TWD, Millions) Source Present Value
Discounted (@ 8.17%)
2020 289.56 Est @ 25.93% 267.68
2021 342.73 Est @ 18.36% 292.89
2022 387.52 Est @ 13.07% 306.14
2023 423.79 Est @ 9.36% 309.50
2024 452.46 Est @ 6.77% 305.47
2025 474.85 Est @ 4.95% 296.36
2026 492.31 Est @ 3.68% 284.04
2027 506.03 Est @ 2.79% 269.89
2028 516.98 Est @ 2.16% 254.90
2029 525.91 Est @ 1.73% 239.71
Present value of next 10 years cash flows NT$2,826.00
TSEC:8480 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= NT$525.91 × (1 + 0.71%) ÷ (8.17% – 0.71%)
NT$7,096.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= NT$7,096.02 ÷ (1 + 8.17%)10
NT$3,234.34
TSEC:8480 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= NT$2,826.00 + NT$3,234.34
NT$6,060.34
Equity Value per Share
(TWD)
= Total value / Shares Outstanding
= NT$6,060.34 / 39.27
NT$154.32
TSEC:8480 Discount to Share Price
Calculation Result
Value per share (TWD) From above. NT$154.32
Current discount Discount to share price of NT$118.00
= -1 x (NT$118.00 - NT$154.32) / NT$154.32
23.5%

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

Current Discount
Amount off the current price Taisun Int'l (Holding) is available for.
Intrinsic value
24%
Share price is NT$118 vs Future cash flow value of NT$154.32
Current Discount Checks
For Taisun Int'l (Holding) to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Taisun Int'l (Holding)'s share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Taisun Int'l (Holding)'s share price is below the future cash flow value, but not 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 Taisun Int'l (Holding)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Taisun Int'l (Holding)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSEC:8480 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TWD NT$8.79
TSEC:8480 Share Price ** TSEC (2020-04-06) in TWD NT$118
Taiwan, Province of China Personal Products Industry PE Ratio Median Figure of 14 Publicly-Listed Personal Products Companies 12.57x
Taiwan, Province of China Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 14.01x

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

** Primary Listing of Taisun Int'l (Holding).

TSEC:8480 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSEC:8480 Share Price ÷ EPS (both in TWD)

= 118 ÷ 8.79

13.43x

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

  • Taisun Int'l (Holding) is overvalued based on earnings compared to the TW Personal Products industry average.
  • Taisun Int'l (Holding) is good value based on earnings compared to the Taiwan, Province of China market.
Price based on expected Growth
Does Taisun Int'l (Holding)'s expected growth come at a high price?
Raw Data
TSEC:8480 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Asia Personal Products Industry PEG Ratio Median Figure of 43 Publicly-Listed Personal Products Companies 2.34x
Taiwan, Province of China Market PEG Ratio Median Figure of 183 Publicly-Listed Companies 1.08x

*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 Taisun Int'l (Holding), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Taisun Int'l (Holding)'s assets?
Raw Data
TSEC:8480 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TWD NT$44.18
TSEC:8480 Share Price * TSEC (2020-04-06) in TWD NT$118
Taiwan, Province of China Personal Products Industry PB Ratio Median Figure of 23 Publicly-Listed Personal Products Companies 1.4x
Taiwan, Province of China Market PB Ratio Median Figure of 1,961 Publicly-Listed Companies 1.17x
TSEC:8480 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSEC:8480 Share Price ÷ Book Value per Share (both in TWD)

= 118 ÷ 44.18

2.67x

* Primary Listing of Taisun Int'l (Holding).

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

  • Taisun Int'l (Holding) is overvalued based on assets compared to the TW Personal Products industry average.
X
Value checks
We assess Taisun Int'l (Holding)'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 Personal Products 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 Personal Products industry average (and greater than 0)? (1 check)
  5. Taisun Int'l (Holding) has a total score of 2/6, 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 Taisun Int'l (Holding) expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
12.2%
Expected Personal Products industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Taisun Int'l (Holding) expected to grow at an attractive rate?
  • Unable to compare Taisun Int'l (Holding)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Taisun Int'l (Holding)'s earnings growth to the Taiwan, Province of China market average as no estimate data is available.
  • Unable to compare Taisun Int'l (Holding)'s revenue growth to the Taiwan, Province of China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSEC:8480 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Personal Products Industry Earnings Growth Rate Market Cap Weighted Average 12.2%
Asia Personal Products Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
Taiwan, Province of China Market Earnings Growth Rate Market Cap Weighted Average 11%
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
TSEC:8480 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in TWD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSEC:8480 Future Estimates Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 2,130 1
2020-04-06
TSEC:8480 Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2019-12-31 1,977 385 345
2019-09-30 1,908 341 316
2019-06-30 1,862 312 294
2019-03-31 1,786 218 284
2018-12-31 1,744 236 299
2018-09-30 1,651 245 291
2018-06-30 1,579 219 278
2018-03-31 1,546 248 267
2017-12-31 1,500 237 254
2017-09-30 1,522 308 261
2017-06-30 1,499 371 272
2017-03-31 1,489 338 284

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Taisun Int'l (Holding) is high growth as no earnings estimate data is available.
  • Unable to determine if Taisun Int'l (Holding) 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
TSEC:8480 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 1 Analyst Estimates (S&P Global) See Below

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

TSEC:8480 Future Estimates Data
Date (Data in TWD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31
2020-04-06
TSEC:8480 Past Financials Data
Date (Data in TWD Millions) EPS *
2019-12-31 8.79
2019-09-30 8.05
2019-06-30 7.49
2019-03-31 7.22
2018-12-31 7.61
2018-09-30 7.42
2018-06-30 7.09
2018-03-31 6.79
2017-12-31 6.50
2017-09-30 6.91
2017-06-30 7.48
2017-03-31 8.12

*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 Taisun Int'l (Holding) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Taisun Int'l (Holding)'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 Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
Taisun Int'l (Holding) 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 Taisun Int'l (Holding) 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 Taisun Int'l (Holding)'s growth in the last year to its industry (Personal Products).
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.
  • Taisun Int'l (Holding)'s year on year earnings growth rate has been positive over the past 5 years.
  • Taisun Int'l (Holding)'s 1-year earnings growth exceeds its 5-year average (15.6% vs 10.6%)
  • Taisun Int'l (Holding)'s earnings growth has exceeded the TW Personal Products industry average in the past year (15.6% vs 5.4%).
Earnings and Revenue History
Taisun Int'l (Holding)'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 Taisun Int'l (Holding) Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSEC:8480 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 1,977.37 345.16 282.25 15.42
2019-09-30 1,907.70 315.94 263.72 15.06
2019-06-30 1,862.27 293.97 244.19 14.91
2019-03-31 1,785.84 283.62 234.39 14.50
2018-12-31 1,744.18 298.69 222.68 14.11
2018-09-30 1,651.07 291.39 215.85 12.43
2018-06-30 1,579.31 278.30 220.62 12.56
2018-03-31 1,545.57 266.51 216.45 12.34
2017-12-31 1,500.01 253.85 210.77 12.11
2017-09-30 1,521.62 260.86 203.32 12.48
2017-06-30 1,499.20 272.39 183.57 11.84
2017-03-31 1,489.06 284.44 178.66 11.38
2016-12-31 1,491.84 287.92 166.48 11.23
2016-09-30 1,447.59 288.04 161.43 10.38
2016-06-30 1,436.24 270.60 163.39 9.55
2016-03-31 1,422.14 260.92 155.56 9.37
2015-12-31 1,373.22 242.58 160.00 9.08
2014-12-31 403.38 61.69 40.50 9.29

*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.
  • Taisun Int'l (Holding) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Taisun Int'l (Holding) used its assets more efficiently than the TW Personal Products industry average last year based on Return on Assets.
  • Taisun Int'l (Holding)'s use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Taisun Int'l (Holding)'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 Personal Products 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.
Taisun Int'l (Holding) has a total score of 4/6, 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 Taisun Int'l (Holding)'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 Taisun Int'l (Holding)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Taisun Int'l (Holding) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Taisun Int'l (Holding)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Taisun Int'l (Holding)'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 3.1x 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 Taisun Int'l (Holding) Company Filings, last reported 3 months ago.

TSEC:8480 Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,735.07 604.25 1,464.46
2019-09-30 1,684.76 545.61 1,351.51
2019-06-30 1,582.14 344.28 1,284.75
2019-03-31 1,708.33 258.96 1,087.43
2018-12-31 1,636.62 228.17 951.66
2018-09-30 1,541.98 138.68 893.88
2018-06-30 1,481.80 127.18 954.08
2018-03-31 1,503.75 81.47 903.66
2017-12-31 1,460.25 111.92 919.29
2017-09-30 1,409.01 90.33 872.82
2017-06-30 1,353.03 0.00 1,005.58
2017-03-31 1,514.32 0.00 905.57
2016-12-31 1,008.12 0.00 460.26
2016-09-30 916.37 62.22 405.99
2016-06-30 867.33 95.41 390.08
2016-03-31 730.46 140.98 302.88
2015-12-31 730.46 140.98 302.88
2014-12-31 658.38 143.60 162.24
  • Taisun Int'l (Holding)'s level of debt (34.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (21.8% vs 34.8% today).
  • Debt is well covered by operating cash flow (63.7%, greater than 20% of total debt).
  • Taisun Int'l (Holding) earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Taisun Int'l (Holding)'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. Taisun Int'l (Holding) 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.

Dividends

 What is Taisun Int'l (Holding)'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
5.25%
Current annual income from Taisun Int'l (Holding) dividends.
If you bought NT$2,000 of Taisun Int'l (Holding) shares you are expected to receive NT$105 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?
  • Taisun Int'l (Holding)'s pays a higher dividend yield than the bottom 25% of dividend payers in Taiwan, Province of China (3.25%).
  • Taisun Int'l (Holding)'s dividend is below the markets top 25% of dividend payers in Taiwan, Province of China (6.93%).
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
TSEC:8480 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 1 Analyst Estimates (S&P Global) See Below
Taiwan, Province of China Personal Products Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 4.8%
Taiwan, Province of China Market Average Dividend Yield Market Cap Weighted Average of 1330 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 3.2%
Taiwan, Province of China Top 25% Dividend Yield 75th Percentile 6.9%

Industry and Market average data is calculated daily.

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

TSEC:8480 Future Dividends Estimate Data
Date (Data in NT$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2020-04-06
TSEC:8480 Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2020-02-27 6.200 4.968
2019-03-20 5.300 4.090
2019-03-13 5.300 4.043
2018-03-22 3.636 2.865
2018-03-21 3.636 3.131
2017-05-11 5.455 4.646
2017-03-15 5.455 4.331
2016-11-14 0.000 0.000
2016-11-11 0.000 0.000
2016-08-10 0.000 0.000
2016-08-09 0.000 0.000
2016-07-07 1.903 1.579

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

  • Taisun Int'l (Holding) has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but Taisun Int'l (Holding) only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of Taisun Int'l (Holding)'s earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x 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 Taisun Int'l (Holding)'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 Taisun Int'l (Holding) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Taisun Int'l (Holding) 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.

Management

 What is the CEO of Taisun Int'l (Holding)'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
Chao-Rong Tai
COMPENSATION NT$0
CEO Bio

Mr. Chao-Rong Tai serves as Chairman of the Board and Manager of Taisun Int'l (Holding) Corporation and serves its Director since January 08, 2016. He is President of TAISUN INT’L (HOLDING) CORP. He is Chairman of TAISUN VIETNAM CO., LTD. He is Chairman of Taipoly Chairman of WINSUN (CAMBODI A) CO., LTD. He was Spokesperson of the former company of ADVANCETEK ENTERPRISE CO., LTD. He received Department of Industrial Engineering and Management, Ming Chi University of Technology and Department of Business Administration, University of Economics, Ho Chi Minh City.

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

Chao-Rong Tai

TITLE
President

Ken-Ping Lin

TITLE
Chief Financial Officer

Jui-Hao Lee

TITLE
Director of Trade Division & Director

Phan Thanh Long

TITLE
Chief Auditing Office & Controller
Board of Directors Tenure

Average tenure of the Taisun Int'l (Holding) board of directors in years:

4.3
Average Tenure
  • The tenure for the Taisun Int'l (Holding) board of directors is about average.
Board of Directors

Chao-Rong Tai

TITLE
President

Jui-Hao Lee

TITLE
Director of Trade Division & Director
TENURE
4.3 yrs

Jau-Hwang Hsieh

TITLE
Independent Director
AGE
69
TENURE
4.3 yrs

Yu-Hsueh Chen

TITLE
Director
TENURE
4.3 yrs

Shang-Wu Yu

TITLE
Independent Director
TENURE
4.3 yrs

Hsin-Wu Wang

TITLE
Director
TENURE
4.3 yrs

Min-Hun Chen

TITLE
Independent Director
TENURE
3.7 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 Taisun Int'l (Holding)'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. Taisun Int'l (Holding) 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

Taisun Int'l (Holding) Corporation, together with its subsidiaries, disposable baby diapers, adult incontinent, feminine sanitary napkins, and wet tissues products. Its brands include UniDry, SunMate, Sunfree, and Unifresh. The company exports its products to approximately 20 countries worldwide. Taisun Int'l (Holding) Corporation was founded in 2001 and is based in Ho Chi Minh City, Vietnam.

Details
Name: Taisun Int'l (Holding) Corporation
8480
Exchange: TSEC
Founded: 2001
NT$4,633,860,000
39,270,000
Website: http://www.taisunholding.com
Address: Taisun Int'l (Holding) Corporation
Lot A1-6,
N5 Street,
Ho Chi Minh City,
Vietnam
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSEC 8480 Share Capital Taiwan Stock Exchange TW TWD 05. Jul 2016
Number of employees
Current staff
Staff numbers
0
Taisun Int'l (Holding) employees.
Industry
Personal Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 18:21
End of day share price update: 2020/04/06 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/02/27
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.