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- Acter Group Co., Ltd (5536) 2020 Fourth Quarter EPS Reached $5.05(NTD), Quarterly Growth 45.11%. FY 2020 Propose to Distribute $12(NTD) Cash Dividends per Stock, The Dividend Yield Reached 5.94%
2021-02-25
Acter Group Co., Ltd (5536) 2020 Fourth Quarter EPS Reached $5.05(NTD), Quarterly Growth 45.11%. FY 2020 Propose to Distribute $12(NTD) Cash Dividends per Stock, The Dividend Yield Reached 5.94%
Acter Group Co., Ltd. (will be abbreviated “Acter” in the after, stock code :5536) announced revenue of 2020 and dividend distribution.
Key Highlights
- On a consolidated basis, revenue for the fourth quarter of 2020 is NTD 3.72 billion, net profit after tax attributable to parent company amounted to NTD 270 million, and earnings per share (EPS) reached $5.05(NTD). Acter benefits from the Cleanroom and Electro-Mechanical Integration Engineering accelerate the process of construction and the Group devote to cost down and expense control, push forward the fourth quarter operation performance to have a 12.34%, 44.97% and 45.11% growth compare to the last quarter.
- Consolidated revenue of 2020 is NTD 13.98 billion, reached history second high, and has a 10.27% yearly growth. Acter was disturbed by covid-19 pandemic, material and manpower shortage increased the expenses, and USD devaluation loss in 2020. The Group continuous optimizes the operation efficiency, net profit after tax attributable to parent company amounted to NTD 970 million, and EPS reached $17.90(NTD).
- The regional revenue growth of Taiwan and Others (included Southeast Asia) for 4Q of 2020 are 27.52% and 17.79% and the regional revenue proportions are 42.94% and 6.64%. Acter benefits from the multi-regions, multi-industries and multi-jobs strategy, optimize diverse special construction method and multi-construction integration service, and optimize orders structure, push forward the fourth quarter gross margin and operating profit margin reached 20.52% and 14.10%.
- Acter considers about financial soundness, the board of directors approved cash dividend $12(NTD) per stock and cash distribution rate reached 67%. Acter continues the 10 years cash distribution rate higher than 65% and share the performance result with stockholders. Base on the closing price of announcement day (2/25), the dividend yield reaches 5.94%.
- Outlook 1Q of 2021, Acter focus on the multi- industries, multi-regions and multi-jobs strategy, optimistic about the major clients in semiconductors, electronics, network control communication and traditional industries expand the capital expenditure this year, and expecting expand the Group’s take order momentum to take Acter’s operation to next level.
2020 4Q Review
- On a consolidated basis, revenue for the fourth quarter of 2020 is NTD 3.72 billion, net profit after tax attributable to parent company amounted to NTD 270 million, and earnings per share (EPS) reached $5.05(NTD). Acter benefits from the Cleanroom and Electro-Mechanical Integration Engineering accelerate the process of construction and the Group devote to cost down and expense control, push forward the fourth quarter operation performance to have a 12.34%, 44.97% and 45.11% growth compare to the last quarter. Consolidated revenue of 2020 is NTD 13.98 billion, reached history second high, and has a 10.27% yearly growth. 2020 was disturbed by covid-19 pandemic, material and manpower shortage increased the expenses, and USD devaluation loss. The Group continuous optimizes the operation efficiency, net profit after tax attributable to parent company amounted to NTD 970 million, and EPS reached $17.90(NTD).
- Acter indicates that global supply chain production bases scatter the production capacity bring the semiconductor, electronics and biochemical industries to have a clear trend investing in Taiwan and Southeast area. At the same time, returning Taiwanese investors and real-estate boom increased the high level business office and factory office demand. Above mentioned reasons not only result a higher amount of construction in progress than last year but also accompany the process of construction acceleration result the regional revenue and regional revenue proportion growth. The regional revenue growth of Taiwan and Others (included Southeast Asia) for 4Q of 2020 are 27.52% and 17.79% and the regional revenue proportions are 42.94% and 6.64%. Acter benefits from the multi-regions, multi-industries and multi-jobs strategy, optimize diverse special construction method and multi-construction integration service, and optimize orders structure, push forward the fourth quarter gross margin and operating profit margin reached 20.52% and 14.10%.
- Acter considers about financial soundness, the board of directors approved cash dividend $12(NTD) per stock and cash distribution rate reached 67%. Acter continues the 10 years cash distribution rate higher than 65% and share the performance result with stockholders. Base on the closing price of announcement day (2/25), the dividend yield reaches 5.94%. Besides, Acter devote in enhance the corporate governance, promote the Group sustainable development, and the directors’ term of duty will due in May of 2021. To strengthen the board of directors operation, rely on directors’ duty and diversity, Acter proposes to add one independent director this year and independent directors would more than half then.
2021 Outlook
- Outlook 1Q of 2021, Acter focus on the multi- industries, multi-regions and multi-jobs strategy, optimistic about the Cleanroom and Electro-Mechanical Integration Engineering demand, rely on core know-how proceed green construction service, occupy higher market share of high level order resources, and create a well growth momentum for the future. For the future, Acter implements Environmental, Social, Governance(ESG), expand operation scale, integrate resource to provide Engineering, Procurement and Construction Management (EPCM) service, and train up local leader to pass on Acter’s DNA.
- Besides, the Group’s shareholding ratio 86.66% subsidiary, Acter Technology Integration Group Co., Ltd. plans to submit listing application and the board of directors approved the relative commitments after a fully discussion. Listing application would have the benefit of expand China business, attract local professional talent, and strengthen competition ability. If the listing procedure completed as scheduled, it’s hopeful to bring the Group’s reputation and business positive benefit and increase value of reinvestment.
(attachment 1)Acter 2020 Concise Consolidated Financial Report:
Unit: NTD thousand/%
Items/Period | 4Q20 | 3Q20 | QOQ (%) | 2020 | 2019 | YOY (%) |
revenue | 3,724,271 | 3,315,224 | 12.34 | 13,977,010 | 12,674,886 | 10.27 |
Profit after income tax-attributable to owners of parent | 273,572 | 188,706 | 44.97 | 970,082 | 1,036,094 | (6.37) |
EPS(NTD) | 5.05 | 3.48 | 45.11 | 17.90 | 19.16 | (6.58) |
(attachment 2)Acter recently 5 year dividend policy:
Unit: NTD
FY Dividend |
2020 | 2019 | 2018 | 2017 | 2016 |
Cash | 12.0 | 15.0 | 15.0 | 13.0 | 8.0 |
Stock | 0 | 0 | 0 | 1.5 | 0 |
News Contact:
ACTER GROUP CORPORATION LIMITED:
Assistant Vice President Miss Tsao (04)2261-5288 ir@acter.com.tw