Reported Earnings • May 06
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.35 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00. Revenue: NT$684.6m (up 9.5% from 1Q 2025). Net income: NT$80.1m (up 8.4% from 1Q 2025). Profit margin: 12% (in line with 1Q 2025). Valuation Update With 7 Day Price Move • Mar 16
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to NT$212, the stock trades at a trailing P/E ratio of 78.2x. Average trailing P/E is 37x in the Semiconductor industry in Taiwan. Total loss to shareholders of 14% over the past three years. Reported Earnings • Mar 11
Full year 2025 earnings released: EPS: NT$2.67 (vs NT$8.34 in FY 2024) Full year 2025 results: EPS: NT$2.67 (down from NT$8.34 in FY 2024). Revenue: NT$2.64b (down 9.9% from FY 2024). Net income: NT$143.5m (down 67% from FY 2024). Profit margin: 5.4% (down from 15% in FY 2024). 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 10% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 26
Eris Technology Corporation, Annual General Meeting, Jun 29, 2026 Eris Technology Corporation, Annual General Meeting, Jun 29, 2026. Location: 2 floor no,236, sec.3 pei shen rd., shenkeng district, new taipei city Taiwan New Risk • Feb 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 7.3% 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 Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 151% Cash payout ratio: 163% Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (6.9% net profit margin). Valuation Update With 7 Day Price Move • Feb 24
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$177, the stock trades at a trailing P/E ratio of 51x. Average trailing P/E is 35x in the Semiconductor industry in Taiwan. Total loss to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$156, the stock trades at a trailing P/E ratio of 44.8x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Negligible returns to shareholders over past three years. Reported Earnings • Nov 02
Third quarter 2025 earnings released: EPS: NT$1.06 (vs NT$2.10 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.06 (down from NT$2.10 in 3Q 2024). Revenue: NT$685.5m (down 7.9% from 3Q 2024). Net income: NT$56.3m (down 51% from 3Q 2024). Profit margin: 8.2% (down from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$167, the stock trades at a trailing P/E ratio of 37.7x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 29% over the past three years. New Risk • Oct 15
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.6% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Cash payout ratio: 135% Minor Risk Profit margins are more than 30% lower than last year (8.9% net profit margin). Valuation Update With 7 Day Price Move • Sep 18
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$160, the stock trades at a trailing P/E ratio of 36.1x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total loss to shareholders of 3.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$140, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total loss to shareholders of 27% over the past three years. Reported Earnings • Aug 01
Second quarter 2025 earnings released: NT$0.89 loss per share (vs NT$2.48 profit in 2Q 2024) Second quarter 2025 results: NT$0.89 loss per share (down from NT$2.48 profit in 2Q 2024). Revenue: NT$643.2m (down 16% from 2Q 2024). Net loss: NT$47.7m (down 137% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 10% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • Jul 14
Upcoming dividend of NT$5.15 per share Eligible shareholders must have bought the stock before 21 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 64% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.2%). Declared Dividend • Jun 25
Dividend increased to NT$5.15 Dividend of NT$5.15 is 3.0% higher than last year. Ex-date: 21st July 2025 Payment date: 8th August 2025 Dividend yield will be 3.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (64% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 28% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 29% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to NT$170, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total loss to shareholders of 37% over the past three years. Reported Earnings • Apr 22
Full year 2024 earnings released: EPS: NT$8.34 (vs NT$6.73 in FY 2023) Full year 2024 results: EPS: NT$8.34 (up from NT$6.73 in FY 2023). Revenue: NT$2.93b (up 68% from FY 2023). Net income: NT$440.3m (up 30% from FY 2023). Profit margin: 15% (down from 19% 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 1% per year but the company’s share price has fallen by 21% per year, which means it is performing significantly worse than earnings. Ankündigung • Apr 19
Eris Technology Corporation to Report Q1, 2025 Results on Apr 28, 2025 Eris Technology Corporation announced that they will report Q1, 2025 results on Apr 28, 2025 Buy Or Sell Opportunity • Apr 08
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 42% to NT$135. The fair value is estimated to be NT$180, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 3.3%. New Risk • Apr 03
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 6.3% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Ankündigung • Feb 26
Eris Technology Corporation, Annual General Meeting, May 28, 2025 Eris Technology Corporation, Annual General Meeting, May 28, 2025. Location: 6 floor no,23 ln.155, sec.3 pei shen rd., shenkeng district, new taipei city Taiwan Ankündigung • Feb 18
Eris Technology Corporation to Report Fiscal Year 2024 Results on Feb 25, 2025 Eris Technology Corporation announced that they will report fiscal year 2024 results on Feb 25, 2025 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$193, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total loss to shareholders of 10% over the past three years. Reported Earnings • Nov 10
Third quarter 2024 earnings released: EPS: NT$2.10 (vs NT$1.77 in 3Q 2023) Third quarter 2024 results: EPS: NT$2.10 (up from NT$1.77 in 3Q 2023). Revenue: NT$744.1m (up 71% from 3Q 2023). Net income: NT$114.8m (up 29% from 3Q 2023). Profit margin: 15% (down from 20% in 3Q 2023). The decrease in margin was driven by higher 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 7% per year. Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$322, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 52% over the past three years. Ankündigung • Oct 19
Eris Technology Corporation to Report Q3, 2024 Results on Oct 28, 2024 Eris Technology Corporation announced that they will report Q3, 2024 results on Oct 28, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: NT$2.48 (vs NT$2.00 in 2Q 2023) Second quarter 2024 results: EPS: NT$2.48 (up from NT$2.00 in 2Q 2023). Revenue: NT$760.7m (up 73% from 2Q 2023). Net income: NT$128.0m (up 28% from 2Q 2023). Profit margin: 17% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Jul 18
Eris Technology Corporation to Report Q2, 2024 Results on Jul 26, 2024 Eris Technology Corporation announced that they will report Q2, 2024 results on Jul 26, 2024 Upcoming Dividend • Jul 12
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 19 July 2024. Payment date: 09 August 2024. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$394, the stock trades at a trailing P/E ratio of 60.1x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 292% over the past three years. Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$1.91 (vs NT$1.50 in 1Q 2023) First quarter 2024 results: EPS: NT$1.91 (up from NT$1.50 in 1Q 2023). Revenue: NT$544.9m (up 26% from 1Q 2023). Net income: NT$95.9m (up 27% from 1Q 2023). Profit margin: 18% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Apr 25
Eris Technology Corporation to Report Q1, 2024 Results on Apr 30, 2024 Eris Technology Corporation announced that they will report Q1, 2024 results on Apr 30, 2024 Ankündigung • Apr 03
Eris Technology Corporation has filed a Follow-on Equity Offering. Eris Technology Corporation has filed a Follow-on Equity Offering.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 3,600,000
Security Name: Shares
Security Type: Common Stock
Securities Offered: 450,000
Security Name: Shares
Security Type: Common Stock
Securities Offered: 450,000
Transaction Features: Rights Offering New Risk • Mar 12
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 42% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (42% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Mar 05
Full year 2023 earnings released: EPS: NT$6.73 (vs NT$9.08 in FY 2022) Full year 2023 results: EPS: NT$6.73 (down from NT$9.08 in FY 2022). Revenue: NT$1.74b (down 20% from FY 2022). Net income: NT$337.8m (down 26% from FY 2022). Profit margin: 19% (down from 21% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 27
Eris Technology Corporation, Annual General Meeting, Jun 28, 2024 Eris Technology Corporation, Annual General Meeting, Jun 28, 2024. Location: 6F., No.23, Lane.155, Sec.3, Beishen Rd., Shenkeng Dist., New Taipei City Taiwan Agenda: To report the business of 2023; to consider Audit Committee's review report of 2023; to report 2023 employees' profit sharing bonus; to consider Adoption of 2023 Business Report and Financial Statements; to consider Adoption of the proposal for distribution of 2023 earnings. Buying Opportunity • Nov 03
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 13%. The fair value is estimated to be NT$264, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.9% over the last 3 years. Earnings per share has grown by 41%. Reported Earnings • Nov 02
Third quarter 2023 earnings released: EPS: NT$1.77 (vs NT$2.41 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.77 (down from NT$2.41 in 3Q 2022). Revenue: NT$434.3m (down 22% from 3Q 2022). Net income: NT$88.7m (down 27% from 3Q 2022). Profit margin: 20% (down from 22% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 46% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$223, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 271% over the past three years. Valuation Update With 7 Day Price Move • Aug 22
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$316, the stock trades at a trailing P/E ratio of 35.4x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 369% over the past three years. New Risk • Aug 01
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.1% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.3% average weekly change). Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: NT$2.26 (vs NT$2.85 in 2Q 2022) Second quarter 2023 results: EPS: NT$2.26 (down from NT$2.85 in 2Q 2022). Revenue: NT$440.7m (down 24% from 2Q 2022). Net income: NT$100.2m (down 21% from 2Q 2022). Profit margin: 23% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year whereas the company’s share price has increased by 53% per year. Buying Opportunity • Jul 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.6%. The fair value is estimated to be NT$351, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 57%. Upcoming Dividend • Jun 05
Upcoming dividend of NT$5.40 per share at 1.7% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 06 July 2023. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (3.3%). Buying Opportunity • Apr 13
Now 21% undervalued Over the last 90 days, the stock is up 53%. The fair value is estimated to be NT$366, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 61%. Buying Opportunity • Mar 13
Now 23% undervalued Over the last 90 days, the stock is up 59%. The fair value is estimated to be NT$370, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 61%. Valuation Update With 7 Day Price Move • Mar 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$313, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 764% over the past three years. Reported Earnings • Mar 06
Full year 2022 earnings released: EPS: NT$10.26 (vs NT$7.36 in FY 2021) Full year 2022 results: EPS: NT$10.26 (up from NT$7.36 in FY 2021). Revenue: NT$2.18b (up 5.9% from FY 2021). Net income: NT$455.8m (up 39% from FY 2021). Profit margin: 21% (up from 16% in FY 2021). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$227, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 433% over the past three years. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director ED Tang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: NT$2.72 (vs NT$2.20 in 3Q 2021) Third quarter 2022 results: EPS: NT$2.72 (up from NT$2.20 in 3Q 2021). Revenue: NT$554.2m (up 2.6% from 3Q 2021). Net income: NT$120.9m (up 24% from 3Q 2021). Profit margin: 22% (up from 18% in 3Q 2021). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year whereas the company’s share price has increased by 56% per year. Valuation Update With 7 Day Price Move • Oct 11
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$183, the stock trades at a trailing P/E ratio of 18.8x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 304% over the past three years. Buying Opportunity • Oct 05
Now 23% undervalued Over the last 90 days, the stock is up 6.9%. The fair value is estimated to be NT$260, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 57%. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 19% share price decline to NT$196, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 368% over the past three years. Buying Opportunity • Sep 07
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 40%. The fair value is estimated to be NT$259, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 57%. Upcoming Dividend • Aug 31
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 07 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 51% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (3.6%). Ankündigung • Aug 24
Eris Technology Corporation Announces Cash Dividend, Payable on September 30, 2022 Eris Technology Corporation announced cash dividend of TWD 5.0 per share; totally TWD 222,141,250, allocated for cash dividend. Ex-rights (Ex-dividend) date is September 07, 2022; Ex-rights (Ex-dividend) record date is September 13, 2022; Payment date of cash dividend distribution is September 30, 2022. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improved over the past week After last week's 16% share price gain to NT$227, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 470% over the past three years. Buying Opportunity • Jul 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 35%. The fair value is estimated to be NT$264, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 57%. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 18% share price gain to NT$206, the stock trades at a trailing P/E ratio of 23.5x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 449% over the past three years. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$262, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 611% over the past three years. Valuation Update With 7 Day Price Move • May 30
Investor sentiment improved over the past week After last week's 17% share price gain to NT$355, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 15x in the Semiconductor industry in Taiwan. Total returns to shareholders of 862% over the past three years. Reported Earnings • May 02
First quarter 2022 earnings: EPS and revenues exceed analyst expectations First quarter 2022 results: EPS: NT$2.44 (up from NT$1.02 in 1Q 2021). Revenue: NT$528.5m (up 18% from 1Q 2021). Net income: NT$108.3m (up 140% from 1Q 2021). Profit margin: 21% (up from 10% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director ED Tang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 15
Full year 2021 earnings: Revenues exceed analyst expectations Full year 2021 results: Revenue: NT$2.06b (up 34% from FY 2020). Net income: NT$327.1m (up 250% from FY 2020). Profit margin: 16% (up from 6.1% in FY 2020). Revenue exceeded analyst estimates by 15%. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 16% share price gain to NT$328, the stock trades at a trailing P/E ratio of 44.5x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 730% over the past three years. Reported Earnings • Feb 28
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: NT$7.36 (up from NT$2.10 in FY 2020). Revenue: NT$2.06b (up 34% from FY 2020). Net income: NT$327.1m (up 250% from FY 2020). Profit margin: 16% (up from 6.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 15%. Earnings per share (EPS) also surpassed analyst estimates by 20%. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 82% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Feb 26
Eris Technology Corporation, Annual General Meeting, May 27, 2022 Eris Technology Corporation, Annual General Meeting, May 27, 2022. Location: 6F., No.23, Lane.155 Sec.3, Beishen Rd., Shenkeng Dist. New Taipei City Taiwan Agenda: To report the business of 2021; to consider Audit Committee's review report of 2021; to report employees' profit sharing bonus; to report on amendments to some provisions of the 'Code of Practice on Corporate Social Responsibility'; to consider Adoption of 2021 Business Report and Financial Statements; and to consider Adoption of the proposal for distribution of 2021 earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 16% share price gain to NT$263, the stock trades at a trailing P/E ratio of 47.9x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 557% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment improved over the past week After last week's 21% share price gain to NT$281, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 674% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS NT$2.20 (vs NT$0.43 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$540.1m (up 55% from 3Q 2020). Net income: NT$97.9m (up 417% from 3Q 2020). Profit margin: 18% (up from 5.4% 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 17% per year but the company’s share price has increased by 96% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Oct 20
Investor sentiment improved over the past week After last week's 25% share price gain to NT$221, the stock trades at a trailing P/E ratio of 59.4x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 535% over the past three years. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$164, the stock trades at a trailing P/E ratio of 44.1x. Average trailing P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 326% over the past three years. Upcoming Dividend • Aug 31
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 07 September 2021. Payment date: 05 October 2021. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (2.1%). Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improved over the past week After last week's 22% share price gain to NT$175, the stock trades at a trailing P/E ratio of 47.2x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 331% over the past three years. Reported Earnings • Jul 27
Second quarter 2021 earnings released: EPS NT$1.90 (vs NT$0.81 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$518.8m (up 25% from 2Q 2020). Net income: NT$84.6m (up 136% from 2Q 2020). Profit margin: 16% (up from 8.6% 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 2% per year but the company’s share price has increased by 51% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 32% share price gain to NT$145, the stock trades at a trailing P/E ratio of 55.5x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 235% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment improved over the past week After last week's 16% share price gain to NT$118, the stock trades at a trailing P/E ratio of 45x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 161% over the past three years. Valuation Update With 7 Day Price Move • May 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$90.70, the stock trades at a trailing P/E ratio of 34.8x. Average forward P/E is 14x in the Semiconductor industry in Taiwan. Total returns to shareholders of 129% over the past three years. Reported Earnings • May 06
First quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.51 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$448.9m (up 17% from 1Q 2020). Net income: NT$45.2m (up 101% from 1Q 2020). Profit margin: 10% (up from 5.9% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 25
Investor sentiment improved over the past week After last week's 18% share price gain to NT$117, the stock trades at a forward P/E ratio of 25x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total returns to shareholders of 209% over the past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improved over the past week After last week's 21% share price gain to NT$85.90, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 19x in the Semiconductor industry in Taiwan. Total returns to shareholders of 93% over the past three years. Ankündigung • Mar 05
Eris Technology Corporation, Annual General Meeting, Jun 28, 2021 Eris Technology Corporation, Annual General Meeting, Jun 28, 2021. Location: 6F., No.17, Lane.155, Sec.3, Beishen Rd., Shenkeng Dist., New Taipei City Taiwan Agenda: To report the business of 2020; to consider the Audit Committee's review report of 2020; to report 2020 employees profit sharing bonus; to consider the adoption of 2020 Business Report and Financial Statements; and to consider the adoption of the proposal for distribution of 2020 earnings. Reported Earnings • Mar 05
Full year 2020 earnings released: EPS NT$2.10 (vs NT$2.30 in FY 2019) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: NT$1.54b (flat on FY 2019). Net income: NT$93.3m (down 8.6% from FY 2019). Profit margin: 6.1% (down from 6.6% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Mar 05
Revenue beats expectations, earnings disappoint Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) missed analyst estimates by 18%. Over the next year, revenue is forecast to grow 23%, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Is New 90 Day High Low • Jan 20
New 90-day low: NT$68.00 The company is down 7.0% from its price of NT$73.00 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 37% over the same period.