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Ve Wong Corporation (1203.TW)

TWD44.85 +0.65 (+1.47%)
TW TAI Consumer Defensive Packaged Foods
Address No. 79, Chungshan North Road
Taipei, TW
CEO Kung-Pin Chen
Website vewong.com
IPO 2000-01-04
ISIN TW0001203008

Explore sections of this company profile

Description

Ve Wong Corporation operates as a producer and distributor of various food items, beverages, and flavorings across Taiwan, Thailand, and Vietnam. The company's diverse product portfolio features essentials like instant noodles and soups, monosodium glutamate (MSG) including an IG-enriched variant, soup bases, spice mixtures, and soy sauces. It also offers specific culinary products such as canned fried gluten and Chinese-style mixed porridge, alongside pre-cooked Chinese fast foods. In the beverage sector, Ve Wong provides a wide array of canned drinks, including asparagus, lemon tea, peach, guava, orange, mixed fruit and vegetable blends, winter melon, honey herbal jelly, paochong tea, and barley, in addition to bottled mineral water. Beyond its own manufacturing, the company engages in importing goods such as canola cooking oil, Japanese spirits, and Alaskan pure glacier water. Furthermore, Ve Wong diversifies its operations into real estate, encompassing the development of residential, commercial, and industrial properties, as well as their leasing and sale. It also undertakes investment and construction for public infrastructure projects and is involved in the importation of tobacco, alcoholic beverages, and other drinks. Ve Wong's products are sold under a range of brand names, notably Ve Wong, A-One, Vihuongto, Champion, Prince, Kung-Fu, Kim Ve Wong, Rarity, and Hot of Hots. The company, founded in 1959, is headquartered in Taipei, Taiwan.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
TWD44.85 +0.65 (+1.47%)
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Volume Profile
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Liquidity & share structure
Average Volume
27.2K
Beta
0.37
Float Shares
160.42M
Free Float %
67.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.12% -0.12% -3.40% +2.90% +7.04% +7.17% +3.78% +2.40% +19.33% +97.22% +332.49%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
44.85
DCF (Unlevered) 25.71 -42.7%
DCF (Levered) 37.08 -17.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.36
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
5 / 10
Developing
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Packaged Foods: +4.4%
    -10.1% Q1'26: -14.2% (vs Q1'25)
  • EPS growth Packaged Foods: +14.6%
    -23.3% Q1'26: -15.5% (vs Q1'25)
  • FCF margin FCF growth · Packaged Foods: +15.9%
    +21.4% Q1'26: +26.4% (vs Q1'25)
  • EBIT margin Packaged Foods: +7.9%
    +17.2% Q1'26: +15.7% (vs Q1'25)
  • ROIC Packaged Foods: +7.0%
    +12.8% Q1'26: +11.1% (vs Q1'25)
  • Share dilution Packaged Foods: +0.0%
    +60.3% Q1'26: -0.3% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Packaged Foods: 0.19×
    0.93× Q1'26: 1.10× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.33) × ERP
WACC = 94% × Ke + 6% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 25.62 Current price: 44.85
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
6.63B
est: 6.37B (+4.1%)
6.35B
est: 6.44B (-1.5%)
6.20B
est: 6.32B (-1.9%)
6.08B
est: 6.11B (-0.4%)
6.32B
est: 6.27B (+0.8%)
6.04B
est: 6.40B (-5.5%)
6.29B
est: 6.44B (-2.4%)
5.65B
est: 6.44B (-12.2%)
6.32B
6.32B – 6.32B
-2.0% YoY
6.11B
6.11B – 6.11B
-3.3% YoY
6.27B
6.27B – 6.27B
+2.7% YoY
6.40B
6.40B – 6.40B
+2.0% YoY
EBITDA
851.72M
est: 1.22B (-30.2%)
1.01B
est: 1.23B (-17.9%)
1.25B
est: 1.21B (+3.7%)
1.22B
est: 1.17B (+4.3%)
1.13B
est: 1.20B (-5.8%)
1.12B
est: 1.23B (-8.8%)
1.38B
est: 1.26B (+9.5%)
1.16B
est: 1.26B (-8.1%)
1.24B
1.24B – 1.24B
-2.0% YoY
1.19B
1.19B – 1.19B
-3.3% YoY
1.23B
1.23B – 1.23B
+2.7% YoY
1.25B
1.25B – 1.25B
+2.0% YoY
EBIT
620.94M
est: 1.07B (-41.8%)
862.76M
est: 1.08B (-20.1%)
1.05B
est: 1.06B (-0.6%)
1.03B
est: 1.02B (+0.8%)
968.88M
est: 1.05B (-7.8%)
955.61M
est: 1.07B (-10.8%)
1.21B
est: 1.10B (+10.7%)
970.47M
est: 1.10B (-11.5%)
1.08B
1.08B – 1.08B
-2.0% YoY
1.04B
1.04B – 1.04B
-3.3% YoY
1.07B
1.07B – 1.07B
+2.7% YoY
1.09B
1.09B – 1.09B
+2.0% YoY
Net Income
266.65M
est: 278.12M (-4.1%)
422.96M
est: 285.25M (+48.3%)
442.58M
est: 444.51M (-0.4%)
431.91M
est: 427.87M (+0.9%)
456.88M
est: 525.33M (-13.0%)
429.10M
est: 556.23M (-22.9%)
561.04M
est: 457.15M (+22.7%)
430.56M
est: 457.15M (-5.8%)
712.39M
712.39M – 712.39M
+55.8% YoY
685.72M
685.72M – 685.72M
-3.7% YoY
841.91M
841.91M – 841.91M
+22.8% YoY
891.44M
891.44M – 891.44M
+5.9% YoY
SGA
904.70M
est: 1.05B (-14.0%)
974.10M
est: 1.06B (-8.4%)
959.61M
est: 1.04B (-8.0%)
983.07M
est: 1.01B (-2.5%)
1.05B
est: 1.04B (+1.1%)
1.06B
est: 1.06B (0.0%)
1.04B
est: 1.07B (-3.1%)
1.02B
est: 1.07B (-4.7%)
1.05B
1.05B – 1.05B
-2.0% YoY
1.01B
1.01B – 1.01B
-3.3% YoY
1.04B
1.04B – 1.04B
+2.7% YoY
1.06B
1.06B – 1.06B
+2.0% YoY
EPS
1.12
est: 1.17 (-4.3%)
1.78
est: 1.20 (+48.3%)
1.86
est: 1.87 (-0.5%)
1.82
est: 1.80 (+1.1%)
1.92
est: 2.21 (-13.1%)
1.81
est: 2.34 (-22.6%)
2.36
est: 1.20 (+96.7%)
1.81
est: 1.20 (+50.8%)
1.87
1.87 – 1.87
+55.8% YoY
1.80
1.80 – 1.80
-3.7% YoY
2.21
2.21 – 2.21
+22.8% YoY
2.34
2.34 – 2.34
+5.9% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-22 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-21 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-20 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-19 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-18 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-15 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-14 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-13 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-12 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-11 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-08 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-07 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-06 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-05 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-05-04 B+ 3/5 3/5 3/5 4/5 3/5 2/5 3/5
2026-04-30 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-29 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-28 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-27 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-24 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-23 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-22 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-21 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-20 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-17 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5
2026-04-16 B 3/5 3/5 3/5 4/5 2/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.12B
OE per share TTM
4.68
Owner's Yield
8.28%
Maintenance CapEx ratio
108.41%
Maint CapEx / Avg PPE
49.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 1 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 10.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
542.5K
Shares Outstanding
237.71M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Kung-Pin Chen GM, MD & Director 5M male
Chi-Fang Liao MD & Independent Director 2M male
Egawa Manwa MD & Representative Director 2M male
Xuan-Zhang Cheng Associate Manager 1M male
Jing-Xiong Wei Associate Manager 1M male
Hsu-Chou Lo Manager 1M
De-Pu Yu Manager 1M male
Wen-Chieh Lu Manager of Finance & Accounting and Accounting Supervisor male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits