Reported Earnings • May 19
First quarter 2026 earnings released: NT$0.24 loss per share (vs NT$0.17 loss in 1Q 2025) First quarter 2026 results: NT$0.24 loss per share (further deteriorated from NT$0.17 loss in 1Q 2025). Revenue: NT$11.8m (down 6.4% from 1Q 2025). Net loss: NT$16.8m (loss widened 44% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. New Risk • Mar 11
New major risk - Revenue and earnings growth Earnings have declined by 15% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. 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 Revenue is less than US$5m (NT$55m revenue, or US$1.7m). Market cap is less than US$100m (NT$828.2m market cap, or US$26.1m). Anuncio • Mar 03
Newretail Co., Ltd, Annual General Meeting, May 18, 2026 Newretail Co., Ltd, Annual General Meeting, May 18, 2026, at 09:00 Taipei Standard Time. Location: no,1, ching mao 2nd rd., nangang district, taipei city Taiwan Buy Or Sell Opportunity • Jan 20
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 10% to NT$13.90. The fair value is estimated to be NT$18.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has declined by 15%. New Risk • Jan 17
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 6.5% 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: Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Revenue is less than US$5m (NT$53m revenue, or US$1.7m). Market cap is less than US$100m (NT$1.06b market cap, or US$33.6m). Buy Or Sell Opportunity • Dec 23
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.3% to NT$14.25. The fair value is estimated to be NT$18.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has declined by 15%. Board Change • Dec 13
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Chun-Wei Wang was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Buy Or Sell Opportunity • Nov 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.9% to NT$15.25. The fair value is estimated to be NT$19.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 51% over the last 3 years. Earnings per share has declined by 15%. Reported Earnings • Nov 17
Third quarter 2025 earnings released: NT$0.16 loss per share (vs NT$0.56 loss in 3Q 2024) Third quarter 2025 results: NT$0.16 loss per share (improved from NT$0.56 loss in 3Q 2024). Revenue: NT$15.5m (up 45% from 3Q 2024). Net loss: NT$11.0m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 15% per year whereas the company’s share price has fallen by 10% per year. Anuncio • Nov 06
Newretail Co., Ltd to Report Q3, 2025 Results on Nov 10, 2025 Newretail Co., Ltd announced that they will report Q3, 2025 results on Nov 10, 2025 Reported Earnings • Aug 14
Second quarter 2025 earnings released: NT$0.13 loss per share (vs NT$0.41 loss in 2Q 2024) Second quarter 2025 results: NT$0.13 loss per share (improved from NT$0.41 loss in 2Q 2024). Revenue: NT$13.5m (up 26% from 2Q 2024). Net loss: NT$9.06m (loss narrowed 24% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Reported Earnings • May 15
First quarter 2025 earnings released: NT$0.17 loss per share (vs NT$0.31 loss in 1Q 2024) First quarter 2025 results: NT$0.17 loss per share. Revenue: NT$12.6m (down 32% from 1Q 2024). Net loss: NT$11.7m (loss widened 28% from 1Q 2024). Anuncio • May 03
Newretail Co., Ltd to Report Q1, 2025 Results on May 12, 2025 Newretail Co., Ltd announced that they will report Q1, 2025 results on May 12, 2025 Reported Earnings • Feb 26
Full year 2024 earnings released: NT$1.69 loss per share (vs NT$1.75 loss in FY 2023) Full year 2024 results: NT$1.69 loss per share. Revenue: NT$51.7m (down 29% from FY 2023). Net loss: NT$66.2m (loss widened 31% from FY 2023). Anuncio • Feb 13
Newretail Co., Ltd, Annual General Meeting, Apr 28, 2025 Newretail Co., Ltd, Annual General Meeting, Apr 28, 2025, at 09:00 Taipei Standard Time. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwan Board Change • Jan 27
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Chairman Yun-Chin Lee was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jan 25
Newretail Co., Ltd to Report Q4, 2024 Results on Feb 10, 2025 Newretail Co., Ltd announced that they will report Q4, 2024 results on Feb 10, 2025 New Risk • Dec 03
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 138% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). Shareholders have been substantially diluted in the past year (138% increase in shares outstanding). Minor Risks Revenue is less than US$5m (NT$53m revenue, or US$1.6m). Market cap is less than US$100m (NT$1.71b market cap, or US$52.4m). Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.57 loss per share (vs NT$0.44 loss in 3Q 2023) Third quarter 2024 results: NT$0.57 loss per share (further deteriorated from NT$0.44 loss in 3Q 2023). Revenue: NT$10.7m (down 8.3% from 3Q 2023). Net loss: NT$16.6m (loss widened 30% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 18
Second quarter 2024 earnings released: NT$0.41 loss per share (vs NT$0.37 loss in 2Q 2023) Second quarter 2024 results: NT$0.41 loss per share (further deteriorated from NT$0.37 loss in 2Q 2023). Revenue: NT$10.8m (down 62% from 2Q 2023). Net loss: NT$12.0m (loss widened 12% from 2Q 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 1% per year, which means it is well ahead of earnings. Reported Earnings • May 12
First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.33 loss in 1Q 2023) First quarter 2024 results: NT$0.31 loss per share (improved from NT$0.33 loss in 1Q 2023). Revenue: NT$18.6m (down 8.0% from 1Q 2023). Net loss: NT$9.12m (loss narrowed 3.3% from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Mar 26
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 8.0% 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 (8.0% average weekly change). Market cap is less than US$10m (NT$303.2m market cap, or US$9.50m). Minor Risk Revenue is less than US$5m (NT$73m revenue, or US$2.3m). Reported Earnings • Mar 20
Full year 2023 earnings released: NT$1.75 loss per share (vs NT$0.79 loss in FY 2022) Full year 2023 results: NT$1.75 loss per share (further deteriorated from NT$0.79 loss in FY 2022). Revenue: NT$73.3m (down 59% from FY 2022). Net loss: NT$50.8m (loss widened 135% from FY 2022). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings. New Risk • Jan 30
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$307.6m (US$9.88m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$10m (NT$307.6m market cap, or US$9.88m). Minor Risk Revenue is less than US$5m (NT$104m revenue, or US$3.3m). New Risk • Nov 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: NT$316.3m (US$9.90m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Market cap is less than US$10m (NT$316.3m market cap, or US$9.90m). Minor Risk Revenue is less than US$5m (NT$129m revenue, or US$4.0m). Reported Earnings • Aug 17
Second quarter 2023 earnings released: NT$0.37 loss per share (vs NT$0.18 loss in 2Q 2022) Second quarter 2023 results: NT$0.37 loss per share (further deteriorated from NT$0.18 loss in 2Q 2022). Revenue: NT$28.0m (down 52% from 2Q 2022). Net loss: NT$10.6m (loss widened 99% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. New Risk • Aug 14
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: NT$160m (US$5.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Revenue is less than US$5m (NT$160m revenue, or US$5.0m). Market cap is less than US$100m (NT$535.4m market cap, or US$16.8m). Reported Earnings • Apr 01
Full year 2022 earnings released: NT$0.79 loss per share (vs NT$0.73 profit in FY 2021) Full year 2022 results: NT$0.79 loss per share (down from NT$0.73 profit in FY 2021). Revenue: NT$176.6m (up 98% from FY 2021). Net loss: NT$21.6m (down 223% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 20
Third quarter 2022 earnings released: EPS: NT$0.01 (vs NT$0.63 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.01 (down from NT$0.63 in 3Q 2021). Revenue: NT$36.9m (up 41% from 3Q 2021). Net income: NT$859.0k (down 97% from 3Q 2021). Profit margin: 2.3% (down from 115% in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Sep 28
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$10.65, the stock trades at a trailing P/E ratio of 41.6x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 2.2% over the past three years. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 17% share price gain to NT$12.80, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 15x in the IT industry in Taiwan. Total returns to shareholders of 15% over the past three years. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 17% share price gain to NT$11.90, the stock trades at a trailing P/E ratio of 53x. Average trailing P/E is 18x in the IT industry in Taiwan. Total loss to shareholders of 8.8% over the past three years. Reported Earnings • May 16
First quarter 2022 earnings released: NT$0.20 loss per share (vs NT$0.12 loss in 1Q 2021) First quarter 2022 results: NT$0.20 loss per share (down from NT$0.12 loss in 1Q 2021). Revenue: NT$37.1m (up 184% from 1Q 2021). Net loss: NT$10.3m (loss widened 81% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 12 experienced directors. No highly experienced directors. 4 independent directors (8 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Anuncio • Apr 07
Newretail Co., Ltd, Annual General Meeting, Jun 27, 2022 Newretail Co., Ltd, Annual General Meeting, Jun 27, 2022. Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: NT$0.37 (vs NT$2.45 loss in FY 2020) Full year 2021 results: EPS: NT$0.37 (up from NT$2.45 loss in FY 2020). Revenue: NT$89.1m (down 5.3% from FY 2020). Net income: NT$17.6m (up NT$102.9m from FY 2020). Profit margin: 20% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 29% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS NT$0.63 (vs NT$0.76 loss in 3Q 2020) Third quarter 2021 results: Revenue: NT$26.3m (up 47% from 3Q 2020). Net income: NT$30.2m (up NT$53.7m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 18
Second quarter 2021 earnings released: NT$0.15 loss per share (vs NT$0.39 loss in 2Q 2020) The company reported a decent second quarter result with reduced losses and improved control over expenses, although revenues were weaker. Second quarter 2021 results: Revenue: NT$16.9m (down 29% from 2Q 2020). Net loss: NT$7.19m (loss narrowed 40% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Reported Earnings • May 17
First quarter 2021 earnings released: NT$0.12 loss per share (vs NT$0.82 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: NT$13.1m (down 68% from 1Q 2020). Net loss: NT$5.72m (loss narrowed 77% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 49% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: NT$2.45 loss per share (vs NT$8.55 loss in FY 2019) The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: NT$94.1m (down 74% from FY 2019). Net loss: NT$85.3m (loss narrowed 68% from FY 2019). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 45% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 09
New 90-day high: NT$11.60 The company is up 5.0% from its price of NT$11.00 on 09 December 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the IT industry, which is up 4.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: NT$12.10 The company is up 130% from its price of NT$5.26 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 1.0% over the same period. Reported Earnings • Nov 17
Third quarter 2020 earnings released: NT$0.76 loss per share The company reported a soft third quarter result with weaker revenues and control over expenses, though losses reduced. Third quarter 2020 results: Revenue: NT$17.9m (down 69% from 3Q 2019). Net loss: NT$23.6m (loss narrowed 48% from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 55% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Nov 16
New 90-day high: NT$8.77 The company is up 54% from its price of NT$5.70 on 18 August 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 1.0% over the same period. Is New 90 Day High Low • Sep 21
New 90-day high: NT$7.90 The company is up 5.0% from its price of NT$7.53 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the IT industry, which is also up 5.0% over the same period.