Reported Earnings • Apr 28
First quarter 2026 earnings released: NT$0.088 loss per share (vs NT$0.24 loss in 1Q 2025) First quarter 2026 results: NT$0.088 loss per share (improved from NT$0.24 loss in 1Q 2025). Revenue: NT$466.9m (up 1.1% from 1Q 2025). Net loss: NT$7.04m (loss narrowed 63% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Ankündigung • Feb 25
Simula Technology Inc., Annual General Meeting, May 28, 2026 Simula Technology Inc., Annual General Meeting, May 28, 2026. Location: no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city Taiwan Reported Earnings • Feb 25
Full year 2025 earnings released: NT$1.18 loss per share (vs NT$1.26 loss in FY 2024) Full year 2025 results: NT$1.18 loss per share (improved from NT$1.26 loss in FY 2024). Revenue: NT$1.75b (flat on FY 2024). Net loss: NT$94.2m (loss narrowed 6.6% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 01
Third quarter 2025 earnings released: NT$0.36 loss per share (vs NT$0.074 loss in 3Q 2024) Third quarter 2025 results: NT$0.36 loss per share (further deteriorated from NT$0.074 loss in 3Q 2024). Revenue: NT$412.5m (down 27% from 3Q 2024). Net loss: NT$28.8m (loss widened 384% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 26
Second quarter 2025 earnings released: NT$0.41 loss per share (vs NT$0.46 loss in 2Q 2024) Second quarter 2025 results: NT$0.41 loss per share (improved from NT$0.46 loss in 2Q 2024). Revenue: NT$417.1m (up 16% from 2Q 2024). Net loss: NT$32.5m (loss narrowed 11% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.24 loss per share (vs NT$0.59 loss in 1Q 2024) First quarter 2025 results: NT$0.24 loss per share (improved from NT$0.59 loss in 1Q 2024). Revenue: NT$461.8m (up 31% from 1Q 2024). Net loss: NT$18.8m (loss narrowed 60% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Ankündigung • Apr 18
Simula Technology Inc. to Report Q1, 2025 Results on Apr 25, 2025 Simula Technology Inc. announced that they will report Q1, 2025 results on Apr 25, 2025 New Risk • Apr 07
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 6.6% 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 Earnings have declined by 36% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (NT$2.06b market cap, or US$62.4m). Reported Earnings • Mar 15
Full year 2024 earnings released: NT$1.26 loss per share (vs NT$1.04 loss in FY 2023) Full year 2024 results: NT$1.26 loss per share (further deteriorated from NT$1.04 loss in FY 2023). Revenue: NT$1.77b (down 13% from FY 2023). Net loss: NT$100.9m (loss widened 21% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Ankündigung • Feb 24
Simula Technology Inc., Annual General Meeting, May 27, 2025 Simula Technology Inc., Annual General Meeting, May 27, 2025. Location: no,300, sec.1 chuang ching rd., taoyuan district, taoyuan city Taiwan Ankündigung • Feb 14
Simula Technology Inc. to Report Q4, 2024 Results on Feb 21, 2025 Simula Technology Inc. announced that they will report Q4, 2024 results on Feb 21, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: NT$0.07 loss per share (vs NT$0.42 loss in 3Q 2023) Third quarter 2024 results: NT$0.07 loss per share (improved from NT$0.42 loss in 3Q 2023). Revenue: NT$561.5m (up 28% from 3Q 2023). Net loss: NT$5.95m (loss narrowed 82% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Ankündigung • Oct 18
Simula Technology Inc. to Report Q3, 2024 Results on Oct 25, 2024 Simula Technology Inc. announced that they will report Q3, 2024 results on Oct 25, 2024 New Risk • Sep 10
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 7.5% 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. Paying a dividend despite being loss-making. Cash payout ratio: 329% Earnings have declined by 25% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (NT$2.32b market cap, or US$72.2m). Buy Or Sell Opportunity • Sep 06
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 9.6% to NT$28.05. The fair value is estimated to be NT$21.68, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.7% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Aug 19
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 2.2% to NT$25.80. The fair value is estimated to be NT$21.42, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 9.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.46 loss per share (vs NT$0.30 loss in 2Q 2023) Second quarter 2024 results: NT$0.46 loss per share (further deteriorated from NT$0.30 loss in 2Q 2023). Revenue: NT$360.9m (down 27% from 2Q 2023). Net loss: NT$36.6m (loss widened 52% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 49 percentage points per year, which is a significant difference in performance. Ankündigung • Jul 19
Simula Technology Inc. to Report Q4, 2024 Results on Jul 29, 2024 Simula Technology Inc. announced that they will report Q4, 2024 results on Jul 29, 2024 Buy Or Sell Opportunity • Jul 09
Now 21% undervalued Over the last 90 days, the stock has risen 13% to NT$29.00. The fair value is estimated to be NT$36.81, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.59 loss per share (vs NT$0.029 loss in 1Q 2023) First quarter 2024 results: NT$0.59 loss per share (further deteriorated from NT$0.029 loss in 1Q 2023). Revenue: NT$352.5m (down 53% from 1Q 2023). Net loss: NT$47.6m (loss widened NT$45.2m from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 14
Full year 2023 earnings released: NT$1.04 loss per share (vs NT$3.12 profit in FY 2022) Full year 2023 results: NT$1.04 loss per share (down from NT$3.12 profit in FY 2022). Revenue: NT$2.04b (down 52% from FY 2022). Net loss: NT$83.5m (down 134% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 8% per year. Ankündigung • Feb 24
Simula Technology Inc., Annual General Meeting, Jun 07, 2024 Simula Technology Inc., Annual General Meeting, Jun 07, 2024. Location: Monarch Plaza Hotel,No. 300, Sec. 1, Zhuangjing Rd., Taoyuan Dist., Tao-Yuan City Taiwan Agenda: To consider Report of 2023 business; to consider Audit Committee's review report; to accept the 2023 Business Report and Financial Statements; to accept the proposal for compensation of 2023 deficit; and to consider other matters. Buy Or Sell Opportunity • Feb 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to NT$28.00. The fair value is estimated to be NT$35.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 29
Third quarter 2023 earnings released: NT$0.42 loss per share (vs NT$1.21 profit in 3Q 2022) Third quarter 2023 results: NT$0.42 loss per share (down from NT$1.21 profit in 3Q 2022). Revenue: NT$437.6m (down 63% from 3Q 2022). Net loss: NT$33.8m (down 135% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Jul 31
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.1% Last year net profit margin: 4.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (98% payout ratio). Profit margins are more than 30% lower than last year (3.1% net profit margin). Market cap is less than US$100m (NT$2.58b market cap, or US$81.9m). Reported Earnings • Jul 31
Second quarter 2023 earnings released: NT$0.30 loss per share (vs NT$0.86 profit in 2Q 2022) Second quarter 2023 results: NT$0.30 loss per share (down from NT$0.86 profit in 2Q 2022). Revenue: NT$493.3m (down 51% from 2Q 2022). Net loss: NT$24.1m (down 135% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of NT$2.50 per share at 6.8% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 24 July 2023. Payout ratio is on the higher end at 97%, however this is supported by cash flows. Trailing yield: 6.8%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.2%). Ankündigung • Jun 11
Simula Technology Inc. Declares Cash Dividend for 2022, Payable on July 24, 2023 Simula Technology Inc. declared cash dividend of TWD 2.5 per share (TWD 199,932,363) for 2022. Ex-rights (Ex-dividend) date: June 29, 2023; Ex-rights (Ex-dividend) record date: July 05, 2023; Payment date of cash dividend distribution: July 24, 2023. Reported Earnings • Mar 16
Full year 2022 earnings released: EPS: NT$3.12 (vs NT$1.39 in FY 2021) Full year 2022 results: EPS: NT$3.12 (up from NT$1.39 in FY 2021). Revenue: NT$4.23b (up 38% from FY 2021). Net income: NT$249.2m (up 124% from FY 2021). Profit margin: 5.9% (up from 3.6% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 24% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 01
Third quarter 2022 earnings released: EPS: NT$1.21 (vs NT$0.51 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.21 (up from NT$0.51 in 3Q 2021). Revenue: NT$1.20b (up 13% from 3Q 2021). Net income: NT$96.7m (up 136% from 3Q 2021). Profit margin: 8.1% (up from 3.9% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$31.95, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Sep 29
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$33.50, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total loss to shareholders of 14% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 16% share price gain to NT$40.75, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 3.7% over the past three years. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: NT$0.86 (vs NT$0.27 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.86 (up from NT$0.27 in 2Q 2021). Revenue: NT$1.00b (up 27% from 2Q 2021). Net income: NT$69.0m (up 223% from 2Q 2021). Profit margin: 6.9% (up from 2.7% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$27.60, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 26% over the past three years. Upcoming Dividend • Jun 27
Upcoming dividend of NT$1.00 per share Eligible shareholders must have bought the stock before 04 July 2022. Payment date: 28 July 2022. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (4.6%). Reported Earnings • Mar 03
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$1.39 (up from NT$1.10 in FY 2020). Revenue: NT$3.07b (up 198% from FY 2020). Net income: NT$111.2m (up 40% from FY 2020). Profit margin: 3.6% (down from 7.7% in FY 2020). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Reported Earnings • Nov 01
Third quarter 2021 earnings released: EPS NT$0.51 (vs NT$0.47 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$1.06b (up 233% from 3Q 2020). Net income: NT$40.9m (up 10.0% from 3Q 2020). Profit margin: 3.9% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improved over the past week After last week's 15% share price gain to NT$47.45, the stock trades at a trailing P/E ratio of 40.4x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 130% over the past three years. Upcoming Dividend • Aug 30
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 06 September 2021. Payment date: 30 September 2021. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.2%). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment improved over the past week After last week's 16% share price gain to NT$51.60, the stock trades at a trailing P/E ratio of 43.6x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 129% over the past three years. Reported Earnings • Aug 02
Second quarter 2021 earnings released: EPS NT$0.27 (vs NT$0.19 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$788.1m (up 287% from 2Q 2020). Net income: NT$21.4m (up 38% from 2Q 2020). Profit margin: 2.7% (down from 7.6% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 23% per year. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improved over the past week After last week's 19% share price gain to NT$46.00, the stock trades at a trailing P/E ratio of 41.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Total returns to shareholders of 135% over the past three years. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improved over the past week After last week's 23% share price gain to NT$33.85, the stock trades at a trailing P/E ratio of 30.8x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 144% over the past three years. Reported Earnings • May 01
First quarter 2021 earnings released: EPS NT$0.09 (vs NT$0.02 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$253.2m (up 30% from 1Q 2020). Net income: NT$7.26m (up NT$8.27m from 1Q 2020). Profit margin: 2.9% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 29
Full year 2020 earnings released: EPS NT$1.10 (vs NT$3.30 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.03b (down 24% from FY 2019). Net income: NT$79.7m (down 48% from FY 2019). Profit margin: 7.7% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 19
Investor sentiment improved over the past week After last week's 15% share price gain to NT$33.30, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 147% over the past three years. Reported Earnings • Feb 28
Full year 2020 earnings released: EPS NT$1.10 (vs NT$3.30 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.03b (down 24% from FY 2019). Net income: NT$79.7m (down 48% from FY 2019). Profit margin: 7.7% (down from 11% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Dec 09
New 90-day high: NT$31.50 The company is up 30% from its price of NT$24.15 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 12% over the same period. Valuation Update With 7 Day Price Move • Dec 01
Market bids up stock over the past week After last week's 16% share price gain to NT$31.30, the stock is trading at a trailing P/E ratio of 25x, up from the previous P/E ratio of 21.6x. This compares to an average P/E of 17x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 84%. Is New 90 Day High Low • Nov 20
New 90-day high: NT$27.80 The company is up 21% from its price of NT$23.00 on 21 August 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 5.0% over the same period. Is New 90 Day High Low • Nov 03
New 90-day high: NT$26.30 The company is up 10.0% from its price of NT$24.00 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 6.0% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of NT$81.5m, down 52% from the prior year. Total revenue was NT$1.04b over the last 12 months, down 23% from the prior year.