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2910.TW TWSE Department Stores

2910.Tw

$21,80
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Mcap
3,8B TWD
P/E
EV / Rev
Div yield
4,81 %
Op margin
53,8 %
ROE
7,8 %
Net margin
41,5 %
Debt / equity
1,13
Beta
52w range
Volume
Day range
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Next earnings
Ex-dividend
TR 1Y
About

2910.TW operates as a department store retailer, generating revenue primarily through the sale of a broad range of consumer goods.

Business. 2910.TW operates as a department store retailer, generating revenue primarily through the sale of a broad range of consumer goods.

Classification92 %
SectorConsumer Cyclicals
Business sectorRetailers
IndustryDepartment Stores
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
7,8 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning 2910.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary · THIS SECTOR+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to 2910.TW. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    2910.TW operates as a department store retailer, generating revenue primarily through the sale of a broad range of consumer goods.

    Classification92 %
    SectorConsumer Cyclicals
    Business sectorRetailers
    IndustryDepartment Stores
    AI synthesis
    GENERATED

    The company maintains a capital structure with a debt-to-equity ratio of 1.13, indicating a moderate reliance on debt financing. Its liquidity position is characterized by a current ratio of 1.59, suggesting the company can cover its short-term obligations with its current assets. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.

    In terms of profitability, 2910.TW reports a return on equity (ROE) of 7.8%, which is a measure of how effectively the company generates profit from shareholders' equity. The return on assets (ROA) stands at 3.37%, indicating the efficiency of asset utilization in generating profit. These metrics should be compared against the industry median to assess relative performance.

    The company's revenue is concentrated in a single business segment, as disclosed in its financial statements, with no significant geographic diversification reported. This concentration may expose the company to higher operational and market risks if the segment or region experiences downturns.

    Looking at the growth trajectory, the company's revenue and earnings outlook for the current fiscal year is not explicitly provided, but the historical revenue of 518,348,000 TWD and net income of 215,077,000 TWD suggest a stable performance. The company's capital expenditure of -2,351,000 TWD indicates a reduction in investment in physical assets, which could signal a focus on cost optimization or a slowdown in expansion.

    The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's liquidity risk is primarily due to its negative net cash position after accounting for total debt. There is no indication of dilution pressure in the near term, as the number of shares outstanding remains unchanged between basic and diluted shares.

    Recent events and filings do not provide specific details on new developments or strategic initiatives for 2910.TW. The company's financial statements and risk assessment suggest a stable but cautious approach to capital management and growth.

    Key takeaways
    • 2910.TW maintains a moderate debt-to-equity ratio of 1.13, indicating a balanced capital structure.
    • The company's ROE of 7.8% and ROA of 3.37% suggest reasonable profitability and asset efficiency.
    • Revenue is concentrated in a single business segment, which may increase operational risk.
    • The company's liquidity position is medium risk, with a current ratio of 1.59 and a negative net cash position after debt.
    • There is no immediate dilution risk, as the number of shares outstanding remains unchanged.
    • Capital expenditure is negative, indicating a reduction in investment in physical assets.

    Bull / Bear case

    analysis pipeline
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $21,80
    Market cap
    $3.79B
    Enterprise value
    $6.90B
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    39.0x
    P / B
    1.4x
    P / Tangible book
    1.4x
    Tangible book
    $2.76B
    Net cash
    -$3.11B
    Current ratio
    1.6
    Debt / equity
    1.1
    ROA
    3.4%
    ROE
    7.8%
    Cash conversion
    82.0%
    CapEx / revenue
    -0.4%
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin53,8 %Best in class
    Net Margin41,5 %Best in class
    ROE7,8 %Above median
    Capex / Rev-0,4 %Above P75
    D/E1,13Below median
    Cash Conv0,82Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Ev To Operating Cash Flow
      enterprise_value / operating_cash_flow
    • Return On Equity
      net_income / total_equity
    • Price To Earnings
      market_price / (net_income / shares_outstanding_diluted)
    • Price To Book
      market_price / (adjusted_book_value / shares_outstanding_diluted)
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Market Price
      input from market-data provider (delayed close or quote-shim mid)
    Source documents
    • 2910.TW Market data — financials · 2026-05-26
    • Tonlin Department Store Co Ltd Market data — analyst estimates · 2026-05-26

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    2910.TWCanonical
    TWSE · TWD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage