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Yeou Yih Steel

GTSM:9962
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
9962
GTSM
NT$681M
Market Cap
  1. Home
  2. TW
  3. Materials
Company description

Yeou Yih Steel Co., Ltd. produces and sells hot rolled stainless steel plates and flat bars in Taiwan. The last earnings update was 9 days ago. More info.


Add to Portfolio Compare Print
  • Yeou Yih Steel has significant price volatility in the past 3 months.
9962 Share Price and Events
7 Day Returns
-2.6%
GTSM:9962
-2.2%
TW Metals and Mining
-0.5%
TW Market
1 Year Returns
-37.6%
GTSM:9962
-25%
TW Metals and Mining
-10.7%
TW Market
9962 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Yeou Yih Steel (9962) -2.6% -21.5% -24.9% -37.6% -30.7% -31.4%
TW Metals and Mining -2.2% -16.2% -19.7% -25% -22% -20.3%
TW Market -0.5% -14.8% -20.2% -10.7% -4.3% -0.2%
1 Year Return vs Industry and Market
  • 9962 underperformed the Metals and Mining industry which returned -25% over the past year.
  • 9962 underperformed the Market in Taiwan, Province of China which returned -10.7% over the past year.
Price Volatility
9962
Industry
5yr Volatility vs Market

Value

 Is Yeou Yih Steel 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 Yeou Yih Steel 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 Yeou Yih Steel.

GTSM:9962 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in TWD NT$ .900000
Payout Ratio Company Filings (2019-12-31) 9294%
Discount Rate (Cost of Equity) See below 7.6%
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:9962
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year TW Govt Bond Rate 0.7%
Equity Risk Premium S&P Global 6.2%
Metals and Mining Unlevered Beta Simply Wall St/ S&P Global 0.84
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.841 (1 + (1- 20%) (36.26%))
1.11
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.71% + (1.11 * 6.21%)
7.61%

Discounted Cash Flow Calculation for GTSM:9962 using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Yeou Yih Steel is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

GTSM:9962 Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= NT$0.9 / (7.61% - 0.71%)
NT$12.67
GTSM:9962 Discount to Share Price
Calculation Result
Value per share (TWD) From above. NT$12.67
Current discount Discount to share price of NT$7.55
= -1 x (NT$7.55 - NT$12.67) / NT$12.67
40.4%

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

Current Discount
Amount off the current price Yeou Yih Steel is available for.
Intrinsic value
40%
Share price is NT$7.55 vs Future cash flow value of NT$12.67
Current Discount Checks
For Yeou Yih Steel to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Yeou Yih Steel's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Yeou Yih Steel'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 Yeou Yih Steel's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Yeou Yih Steel's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
GTSM:9962 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in TWD NT$0.13
GTSM:9962 Share Price ** GTSM (2020-04-01) in TWD NT$7.55
Taiwan, Province of China Metals and Mining Industry PE Ratio Median Figure of 35 Publicly-Listed Metals and Mining Companies 18.75x
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 Yeou Yih Steel.

GTSM:9962 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= GTSM:9962 Share Price ÷ EPS (both in TWD)

= 7.55 ÷ 0.13

58.08x

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

  • Yeou Yih Steel is overvalued based on earnings compared to the TW Metals and Mining industry average.
  • Yeou Yih Steel is overvalued based on earnings compared to the Taiwan, Province of China market.
Price based on expected Growth
Does Yeou Yih Steel's expected growth come at a high price?
Raw Data
GTSM:9962 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 58.08x
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 Metals and Mining Industry PEG Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 1.37x
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 Yeou Yih Steel, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Yeou Yih Steel's assets?
Raw Data
GTSM:9962 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in TWD NT$11.83
GTSM:9962 Share Price * GTSM (2020-04-01) in TWD NT$7.55
Taiwan, Province of China Metals and Mining Industry PB Ratio Median Figure of 46 Publicly-Listed Metals and Mining Companies 0.85x
Taiwan, Province of China Market PB Ratio Median Figure of 1,961 Publicly-Listed Companies 1.17x
GTSM:9962 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= GTSM:9962 Share Price ÷ Book Value per Share (both in TWD)

= 7.55 ÷ 11.83

0.64x

* Primary Listing of Yeou Yih Steel.

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

  • Yeou Yih Steel is good value based on assets compared to the TW Metals and Mining industry average.
X
Value checks
We assess Yeou Yih Steel'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 Metals and Mining 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 Metals and Mining industry average (and greater than 0)? (1 check)
  5. Yeou Yih Steel has a total score of 3/6, 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 Yeou Yih Steel 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 Yeou Yih Steel 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
27.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Yeou Yih Steel expected to grow at an attractive rate?
  • Unable to compare Yeou Yih Steel's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Yeou Yih Steel's earnings growth to the Taiwan, Province of China market average as no estimate data is available.
  • Unable to compare Yeou Yih Steel's revenue growth to the Taiwan, Province of China market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
GTSM:9962 Future Growth Rates Data Sources
Data Point Source Value (per year)
Taiwan, Province of China Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 27.8%
Taiwan, Province of China Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 3.9%
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
GTSM:9962 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:9962 Past Financials Data
Date (Data in TWD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,316 -189 11
2019-09-30 2,382 132 9
2019-06-30 2,657 226 43
2019-03-31 2,824 98 62
2018-12-31 2,907 88 94
2018-09-30 2,733 -160 105
2018-06-30 2,462 -97 78
2018-03-31 2,249 125 39
2017-12-31 2,287 192 60
2017-09-30 2,377 172 70
2017-06-30 2,458 195 70
2017-03-31 2,470 82 98

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Yeou Yih Steel is high growth as no earnings estimate data is available.
  • Unable to determine if Yeou Yih Steel 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:9962 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 Yeou Yih Steel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:9962 Past Financials Data
Date (Data in TWD Millions) EPS *
2019-12-31 0.13
2019-09-30 0.10
2019-06-30 0.47
2019-03-31 0.68
2018-12-31 1.04
2018-09-30 1.17
2018-06-30 0.86
2018-03-31 0.43
2017-12-31 0.66
2017-09-30 0.77
2017-06-30 0.78
2017-03-31 1.09

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

Next steps:

  1. Examine whether Yeou Yih Steel is trading at Yeou Yih Steel'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. Yeou Yih Steel'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 Materials 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 Yeou Yih Steel'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.
Yeou Yih Steel 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 Yeou Yih Steel 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 Yeou Yih Steel's growth in the last year to its industry (Metals and Mining).
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.
  • Yeou Yih Steel has delivered over 20% year on year earnings growth in the past 5 years.
  • Yeou Yih Steel's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Yeou Yih Steel's 1-year earnings growth is negative, it can't be compared to the TW Metals and Mining industry average.
Earnings and Revenue History
Yeou Yih Steel'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 Yeou Yih Steel Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

GTSM:9962 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 2,316.14 11.42 74.63
2019-09-30 2,382.47 9.36 78.35
2019-06-30 2,656.75 42.81 82.63
2019-03-31 2,823.59 61.54 83.74
2018-12-31 2,906.56 94.18 82.54
2018-09-30 2,733.13 105.39 77.58
2018-06-30 2,462.41 77.52 71.93
2018-03-31 2,248.61 38.93 68.79
2017-12-31 2,286.88 59.76 69.21
2017-09-30 2,377.18 69.85 70.49
2017-06-30 2,458.49 70.12 71.21
2017-03-31 2,469.74 98.37 71.19
2016-12-31 2,166.20 67.21 65.93
2016-09-30 1,893.39 25.91 59.32
2016-06-30 1,728.32 -2.46 55.92
2016-03-31 1,731.69 -19.69 52.81
2015-12-31 1,928.58 -65.87 53.39
2015-09-30 2,231.68 -111.27 53.82
2015-06-30 2,628.51 -52.34 56.60
2015-03-31 2,759.55 -32.24 57.30
2014-12-31 2,744.85 17.78 57.28
2014-09-30 2,688.92 83.07 60.08
2014-06-30 2,409.87 65.93 57.81
2014-03-31 2,476.95 37.67 58.29
2013-12-31 2,877.16 69.45 62.73
2013-09-30 3,227.70 70.62 65.79
2013-06-30 3,660.60 184.26 71.39

*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.
  • Yeou Yih Steel has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Yeou Yih Steel used its assets less efficiently than the TW Metals and Mining industry average last year based on Return on Assets.
  • Yeou Yih Steel's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Yeou Yih Steel'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 Metals and Mining 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.
Yeou Yih Steel has a total score of 1/6, 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 Yeou Yih Steel'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 Yeou Yih Steel's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Yeou Yih Steel is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Yeou Yih Steel's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Yeou Yih Steel'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 4.2x 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 Yeou Yih Steel Company Filings, last reported 3 months ago.

GTSM:9962 Past Debt and Equity Data
Date (Data in TWD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 953.42 246.99 117.48
2019-09-30 940.28 166.74 113.04
2019-06-30 938.12 62.37 193.58
2019-03-31 1,008.53 19.31 147.52
2018-12-31 1,018.07 46.98 175.24
2018-09-30 1,010.82 204.91 101.75
2018-06-30 975.08 130.31 77.51
2018-03-31 1,006.22 0.00 118.36
2017-12-31 984.10 36.29 147.09
2017-09-30 964.09 0.00 129.87
2017-06-30 957.36 9.42 130.96
2017-03-31 1,020.62 69.78 116.04
2016-12-31 977.78 85.76 55.30
2016-09-30 951.40 54.72 57.18
2016-06-30 943.12 166.25 90.99
2016-03-31 923.23 136.73 113.42
2015-12-31 913.44 144.32 65.39
2015-09-30 928.84 200.16 77.90
2015-06-30 949.67 143.89 106.74
2015-03-31 967.77 206.77 87.07
2014-12-31 998.73 225.18 59.55
2014-09-30 1,056.10 432.26 44.39
2014-06-30 1,017.91 141.02 122.26
2014-03-31 1,059.25 192.53 97.74
2013-12-31 1,045.38 23.57 68.69
2013-09-30 1,035.13 17.00 91.41
2013-06-30 1,014.08 14.55 129.30
  • Yeou Yih Steel's level of debt (25.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (22.5% vs 25.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 10.3x coverage).
X
Financial health checks
We assess Yeou Yih Steel'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. Yeou Yih Steel has a total score of 4/6, 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 Yeou Yih Steel'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
11.92%
Current annual income from Yeou Yih Steel dividends.
If you bought NT$2,000 of Yeou Yih Steel shares you are expected to receive NT$238 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?
  • Yeou Yih Steel's pays a higher dividend yield than the bottom 25% of dividend payers in Taiwan, Province of China (3.25%).
  • Yeou Yih Steel's dividend is above the markets top 25% of dividend payers in Taiwan, Province of China (7.04%).
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:9962 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 Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 4.1%
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 7%

Industry and Market average data is calculated daily.

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

GTSM:9962 Past Annualized Dividends Data
Date (Data in NT$) Dividend per share (annual) Avg. Yield (%)
2019-08-13 0.900 9.245
2019-03-28 0.900 7.873
2018-03-29 0.650 5.615
2017-03-27 0.600 5.669
2016-11-11 0.000 0.000
2016-11-10 0.000 0.000
2016-08-12 0.000 0.000
2016-08-10 0.000 0.000
2016-05-13 0.000 0.000
2016-05-09 0.000 0.000
2016-03-31 0.000 0.000
2015-03-25 0.200 2.398
2014-05-13 0.700 5.755
2013-03-26 1.100 8.914
2012-03-28 0.800 7.058
2011-04-29 0.000 0.000
2011-04-28 0.348 1.887
2011-04-19 0.348 1.913
2011-01-17 0.348 1.953
2010-10-27 0.000 0.000
2010-10-15 0.000 0.000
2010-07-15 0.000 0.000
2010-04-28 0.000 0.000
2010-04-15 0.000 0.000
2010-04-09 0.000 0.000
2010-01-15 0.000 0.000
2009-10-28 0.000 0.000
2009-10-15 0.000 0.000
2009-04-24 0.000 0.000

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

  • Yeou Yih Steel 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 Yeou Yih Steel only paid a dividend in the past 9 years.
Current Payout to shareholders
What portion of Yeou Yih Steel's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0.1x 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 Yeou Yih Steel'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 Yeou Yih Steel afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Yeou Yih Steel 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 Yeou Yih Steel'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
Liu Rong
TENURE AS CEO 22.6 years
CEO Bio

Mr. Liu Xian Rong has been President of Yeou Yih Steel Co Ltd since September 1, 1997. Mr. Rong served as President of Sym Wang Iron Steel Co., Ltd. He serves as Chairman of the Board of Directors of Xin Feng Investment Co., Ltd. He has been a Director of Yeou Yih Steel Co Ltd since June 14, 2012.

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

Liu Rong

TITLE
President and Director
TENURE
22.6 yrs

Chen Zhi

TITLE
Assistant Vice President of Finance Department
TENURE
17.8 yrs
Board of Directors Tenure

Average tenure of the Yeou Yih Steel board of directors in years:

7.8
Average Tenure
  • The tenure for the Yeou Yih Steel board of directors is about average.
Board of Directors

Liu Tong

TITLE
Chairman of the Board of Directors
TENURE
7.8 yrs

Liu Rong

TITLE
President and Director
TENURE
7.8 yrs

Liu Sheng

TITLE
Director
TENURE
7.8 yrs

Zhang Peng

TITLE
Director
TENURE
7.8 yrs

Huang Cong

TITLE
Director
TENURE
7.8 yrs

Zhan He

TITLE
Independent Director
TENURE
7.8 yrs

Huang Hua

TITLE
Member of the Supervisory Board
TENURE
7.8 yrs

Ke Qing

TITLE
Member of the Supervisory Board
TENURE
7.8 yrs

Liu Hong

TITLE
Member of the Supervisory Board
TENURE
7.8 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 Yeou Yih Steel'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. Yeou Yih Steel 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

Yeou Yih Steel Co., Ltd. produces and sells hot rolled stainless steel plates and flat bars in Taiwan. The company was founded in 1996 and is based in Kaohsiung City, Taiwan.

Details
Name: Yeou Yih Steel Co., Ltd.
9962
Exchange: GTSM
Founded: 1996
NT$681,162,963
90,220,260
Website: http://www.yeouyih.com.tw
Address: Yeou Yih Steel Co., Ltd.
No.2 Yeong Gong 10th Road,
Yeong An District,
Kaohsiung City,
82841,
Taiwan
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
GTSM 9962 Common Shares Taipei Exchange TW TWD 27. Apr 2006
Number of employees
Current staff
Staff numbers
95
Yeou Yih Steel employees.
Industry
Steel
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 14:51
End of day share price update: 2020/04/01 00:00
Last earnings filing: 2020/03/25
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.