Valuation Update With 7 Day Price Move • 16h
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$41.50, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 34x in the Chemicals industry in Taiwan. Total returns to shareholders of 77% over the past three years. New Risk • Apr 05
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 49% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (129% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.81b market cap, or US$56.5m). Upcoming Dividend • Mar 19
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 26 March 2026. Payment date: 27 April 2026. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.0%). Bekanntmachung • Mar 13
Ginar Technology Co.,Ltd. announces Annual dividend, payable on April 27, 2026 Ginar Technology Co.,Ltd. announced Annual dividend of TWD 1.2000 per share payable on April 27, 2026, ex-date on March 26, 2026 and record date on March 28, 2026. Reported Earnings • Mar 12
Full year 2025 earnings released: EPS: NT$1.16 (vs NT$1.49 in FY 2024) Full year 2025 results: EPS: NT$1.16 (down from NT$1.49 in FY 2024). Revenue: NT$1.72b (up 3.4% from FY 2024). Net income: NT$64.1m (down 22% from FY 2024). Profit margin: 3.7% (down from 4.9% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Bekanntmachung • Feb 24
Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2026 Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: no,777, ta kuan rd., dayuan dist., taoyuan city Taiwan New Risk • Nov 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 37% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 18% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (110% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.55b market cap, or US$49.4m). Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: NT$0.33 (vs NT$0.39 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.33 (down from NT$0.39 in 3Q 2024). Revenue: NT$400.4m (flat on 3Q 2024). Net income: NT$18.3m (down 15% from 3Q 2024). Profit margin: 4.6% (down from 5.3% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Sep 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 31% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (105% payout ratio). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.71b market cap, or US$56.4m). Reported Earnings • Aug 17
Second quarter 2025 earnings released: EPS: NT$0.41 (vs NT$0.53 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.41 (down from NT$0.53 in 2Q 2024). Revenue: NT$458.4m (down 5.1% from 2Q 2024). Net income: NT$22.4m (down 24% from 2Q 2024). Profit margin: 4.9% (down from 6.1% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$33.00, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 47% over the past three years. New Risk • Jul 24
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 263% Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.57b market cap, or US$53.6m). New Risk • May 27
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 23% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 96% Cash payout ratio: 263% Earnings have declined by 12% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.74b market cap, or US$58.0m). Upcoming Dividend • May 20
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 23 June 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.8%). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$33.90, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 18x in the Chemicals industry in Taiwan. Total returns to shareholders of 32% over the past three years. Reported Earnings • Apr 02
Full year 2024 earnings released: EPS: NT$1.48 (vs NT$1.55 in FY 2023) Full year 2024 results: EPS: NT$1.48 (down from NT$1.55 in FY 2023). Revenue: NT$1.66b (up 6.8% from FY 2023). Net income: NT$82.0m (down 3.9% from FY 2023). Profit margin: 4.9% (down from 5.5% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$30.80, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 20x in the Chemicals industry in Taiwan. Total returns to shareholders of 5.0% over the past three years. Bekanntmachung • Feb 17
Ginar Technology Co.,Ltd., Annual General Meeting, May 23, 2025 Ginar Technology Co.,Ltd., Annual General Meeting, May 23, 2025. Location: no,777, ta kuan rd., dayuan dist., taoyuan city Taiwan Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.39 (vs NT$0.35 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.39 (up from NT$0.35 in 3Q 2023). Revenue: NT$402.8m (flat on 3Q 2023). Net income: NT$21.4m (up 9.8% from 3Q 2023). Profit margin: 5.3% (up from 4.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Nov 11
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$53.20, the stock trades at a trailing P/E ratio of 35.8x. Average trailing P/E is 23x in the Chemicals industry in Taiwan. Total returns to shareholders of 79% over the past three years. Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to NT$50.60, the stock trades at a trailing P/E ratio of 34.1x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 88% over the past three years. Valuation Update With 7 Day Price Move • Sep 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$36.10, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 22% over the past three years. New Risk • Aug 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (101% payout ratio). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (NT$2.16b market cap, or US$67.9m). Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$39.10, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 22x in the Chemicals industry in Taiwan. Total returns to shareholders of 37% over the past three years. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.53 (vs NT$0.35 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.53 (up from NT$0.35 in 2Q 2023). Revenue: NT$483.0m (up 31% from 2Q 2023). Net income: NT$29.5m (up 50% from 2Q 2023). Profit margin: 6.1% (up from 5.3% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$33.45, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 24x in the Chemicals industry in Taiwan. Total returns to shareholders of 6.6% over the past three years. Buy Or Sell Opportunity • Jul 12
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 27% to NT$33.45. The fair value is estimated to be NT$27.46, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 15% over the last 3 years. Earnings per share has declined by 33%. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.25 (vs NT$0.49 in 1Q 2023) First quarter 2024 results: EPS: NT$0.25 (down from NT$0.49 in 1Q 2023). Revenue: NT$352.3m (down 10% from 1Q 2023). Net income: NT$14.0m (down 49% from 1Q 2023). Profit margin: 4.0% (down from 6.9% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Reported Earnings • Apr 02
Full year 2023 earnings released: EPS: NT$1.55 (vs NT$1.87 in FY 2022) Full year 2023 results: EPS: NT$1.55 (down from NT$1.87 in FY 2022). Revenue: NT$1.56b (down 8.4% from FY 2022). Net income: NT$85.4m (down 17% from FY 2022). Profit margin: 5.5% (down from 6.1% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 20
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 27 March 2024. Payment date: 24 April 2024. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 5.4%. Within top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (4.1%). Bekanntmachung • Mar 01
Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2024 Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2024. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$0.35 (vs NT$0.39 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.35 (down from NT$0.39 in 3Q 2022). Revenue: NT$399.0m (flat on 3Q 2022). Net income: NT$19.5m (down 9.1% from 3Q 2022). Profit margin: 4.9% (down from 5.4% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.35 (vs NT$0.40 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.35 (down from NT$0.40 in 2Q 2022). Revenue: NT$367.6m (down 13% from 2Q 2022). Net income: NT$19.6m (down 12% from 2Q 2022). Profit margin: 5.3% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 09
Upcoming dividend of NT$2.00 per share at 5.0% yield Eligible shareholders must have bought the stock before 16 June 2023. Payment date: 13 July 2023. The company is paying out more than 100% of its profits and is paying out 87% of its cash flow. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.5%). Reported Earnings • Mar 30
Full year 2022 earnings released: EPS: NT$1.87 (vs NT$4.04 in FY 2021) Full year 2022 results: EPS: NT$1.87 (down from NT$4.04 in FY 2021). Revenue: NT$1.70b (down 31% from FY 2021). Net income: NT$103.3m (down 54% from FY 2021). Profit margin: 6.1% (down from 9.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.39 (vs NT$0.78 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.39 (down from NT$0.78 in 3Q 2021). Revenue: NT$395.9m (down 28% from 3Q 2021). Net income: NT$21.5m (down 50% from 3Q 2021). Profit margin: 5.4% (down from 7.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$0.39 (vs NT$0.78 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.39 (down from NT$0.78 in 3Q 2021). Revenue: NT$395.9m (down 28% from 3Q 2021). Net income: NT$21.5m (down 50% from 3Q 2021). Profit margin: 5.4% (down from 7.8% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.40 (vs NT$1.35 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.40 (down from NT$1.35 in 2Q 2021). Revenue: NT$423.3m (down 38% from 2Q 2021). Net income: NT$22.4m (down 70% from 2Q 2021). Profit margin: 5.3% (down from 11% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$25.70, the stock trades at a trailing P/E ratio of 6.9x. Average trailing P/E is 15x in the Chemicals industry in Taiwan. Total returns to shareholders of 75% over the past three years. Upcoming Dividend • Jun 09
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 13 July 2022. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 9.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (6.8%). Reported Earnings • May 14
First quarter 2022 earnings released: EPS: NT$0.62 (vs NT$0.96 in 1Q 2021) First quarter 2022 results: EPS: NT$0.62 (down from NT$0.96 in 1Q 2021). Revenue: NT$472.8m (down 25% from 1Q 2021). Net income: NT$34.4m (down 35% from 1Q 2021). Profit margin: 7.3% (down from 8.4% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Bekanntmachung • Mar 03
Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2022 Ginar Technology Co.,Ltd., Annual General Meeting, May 27, 2022. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$0.78 (vs NT$0.52 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$553.6m (up 40% from 3Q 2020). Net income: NT$43.3m (up 51% from 3Q 2020). Profit margin: 7.8% (up from 7.3% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 13
Second quarter 2021 earnings released: EPS NT$1.35 (vs NT$0.49 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$679.6m (up 68% from 2Q 2020). Net income: NT$74.3m (up 175% from 2Q 2020). Profit margin: 11% (up from 6.7% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 27
Upcoming dividend of NT$1.80 per share Eligible shareholders must have bought the stock before 03 August 2021. Payment date: 19 August 2021. Trailing yield: 4.5%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (2.9%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.96 (vs NT$0.47 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$631.5m (up 87% from 1Q 2020). Net income: NT$53.2m (up 107% from 1Q 2020). Profit margin: 8.4% (up from 7.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$40.30, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 21% share price gain to NT$47.45, the stock trades at a trailing P/E ratio of 22.5x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 123% over the past three years. Valuation Update With 7 Day Price Move • Mar 30
Investor sentiment improved over the past week After last week's 19% share price gain to NT$38.20, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 21x in the Chemicals industry in Taiwan. Total returns to shareholders of 80% over the past three years. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$2.11 (vs NT$1.33 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$1.64b (down 2.0% from FY 2019). Net income: NT$116.6m (up 59% from FY 2019). Profit margin: 7.1% (up from 4.4% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 8% per year. Bekanntmachung • Feb 27
Ginar Technology Co.,Ltd., Annual General Meeting, May 28, 2021 Ginar Technology Co.,Ltd., Annual General Meeting, May 28, 2021. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improved over the past week After last week's 17% share price gain to NT$32.10, the stock is trading at a trailing P/E ratio of 16.4x, up from the previous P/E ratio of 14.1x. This compares to an average P/E of 20x in the Chemicals industry in Taiwan. Total returns to shareholders over the past three years are 61%. Is New 90 Day High Low • Feb 18
New 90-day high: NT$26.15 The company is up 17% from its price of NT$22.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Chemicals industry, which is up 5.0% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: NT$24.00 The company is up 9.0% from its price of NT$22.10 on 30 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: NT$23.35 The company is up 9.0% from its price of NT$21.50 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 18
New 90-day high: NT$22.60 The company is up 12% from its price of NT$20.20 on 20 August 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.52 The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$395.3m (down 11% from 3Q 2019). Net income: NT$28.7m (up 34% from 3Q 2019). Profit margin: 7.3% (up from 4.9% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Is New 90 Day High Low • Oct 12
New 90-day high: NT$22.50 The company is up 9.0% from its price of NT$20.65 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 1.0% over the same period.