Valuation Update With 7 Day Price Move • Jul 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$121, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 42x in the Semiconductor industry in Taiwan. Total returns to shareholders of 194% over the past three years. Upcoming Dividend • Jul 15
Upcoming dividend of NT$6.00 per share Eligible shareholders must have bought the stock before 22 July 2026. Payment date: 20 August 2026. Payout ratio is on the higher end at 82% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (1.0%). Declared Dividend • Jun 20
Dividend of NT$6.00 announced Shareholders will receive a dividend of NT$6.00. Ex-date: 22nd July 2026 Payment date: 20th August 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (82% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 22% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 17% 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 • May 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$154, the stock trades at a trailing P/E ratio of 21x. Average trailing P/E is 43x in the Semiconductor industry in Taiwan. Total returns to shareholders of 257% over the past three years. Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.73 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00 (down from NT$1.73 in 1Q 2025). Revenue: NT$1.37b (up 11% from 1Q 2025). Net income: NT$114.2m (down 9.8% from 1Q 2025). Profit margin: 8.3% (down from 10% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Mar 18
Full year 2025 earnings released: EPS: NT$7.50 (vs NT$6.78 in FY 2024) Full year 2025 results: EPS: NT$7.50 (up from NT$6.78 in FY 2024). Revenue: NT$5.25b (down 4.4% from FY 2024). Net income: NT$547.8m (up 11% from FY 2024). Profit margin: 10% (up from 9.0% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 37% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 11
Wholetech System Hitech Limited, Annual General Meeting, Jun 16, 2026 Wholetech System Hitech Limited, Annual General Meeting, Jun 16, 2026. Location: no,333, huan pei rd., baoshan township, hsinchu county Taiwan New Risk • Jan 05
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 6.4% 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 (6.4% average weekly change). Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$143, the stock trades at a trailing P/E ratio of 18.2x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 271% over the past three years. Buy Or Sell Opportunity • Nov 28
Now 22% overvalued Over the last 90 days, the stock has fallen 16% to NT$119. The fair value is estimated to be NT$97.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 6.7% over the last 3 years. Earnings per share has grown by 16%. Reported Earnings • Nov 17
Third quarter 2025 earnings released: EPS: NT$2.03 (vs NT$1.76 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.03 (up from NT$1.76 in 3Q 2024). Revenue: NT$1.36b (down 2.9% from 3Q 2024). Net income: NT$148.0m (up 15% from 3Q 2024). Profit margin: 11% (up from 9.2% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Aug 27
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 51% to NT$141. The fair value is estimated to be NT$117, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 8.2% over the last 3 years. Earnings per share has grown by 17%. New Risk • Aug 21
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 6.1% 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 (6.1% average weekly change). Reported Earnings • Aug 16
Second quarter 2025 earnings released: EPS: NT$2.23 (vs NT$1.77 in 2Q 2024) Second quarter 2025 results: EPS: NT$2.23 (up from NT$1.77 in 2Q 2024). Revenue: NT$1.28b (down 9.0% from 2Q 2024). Net income: NT$162.9m (up 26% from 2Q 2024). Profit margin: 13% (up from 9.2% in 2Q 2024). The increase in margin was driven by lower expenses. 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 38% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$109, the stock trades at a trailing P/E ratio of 15.4x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 172% over the past three years. Upcoming Dividend • Jul 17
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 24 July 2025. Payment date: 22 August 2025. Payout ratio is a comfortable 71% and this is well supported by cash flows. Trailing yield: 5.0%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.2%). Declared Dividend • Jun 28
Dividend increased to NT$5.00 Dividend of NT$5.00 is 11% higher than last year. Ex-date: 24th July 2025 Payment date: 22nd August 2025 Dividend yield will be 5.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (71% earnings payout ratio) and cash flows (24% cash payout ratio). The dividend has increased by an average of 26% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 23% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Board Change • Jun 26
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 Gao Jin-Men was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$1.73 (vs NT$1.42 in 1Q 2024) First quarter 2025 results: EPS: NT$1.73 (up from NT$1.42 in 1Q 2024). Revenue: NT$1.24b (down 5.6% from 1Q 2024). Net income: NT$126.6m (up 22% from 1Q 2024). Profit margin: 10% (up from 7.9% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 25% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • May 01
Wholetech System Hitech Limited to Report Q1, 2025 Results on May 08, 2025 Wholetech System Hitech Limited announced that they will report Q1, 2025 results on May 08, 2025 Board Change • Apr 13
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 Gao Jin-Men was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$78.60, the stock trades at a trailing P/E ratio of 11.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 95% over the past three years. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$6.78 (vs NT$5.46 in FY 2023) Full year 2024 results: EPS: NT$6.78 (up from NT$5.46 in FY 2023). Revenue: NT$5.49b (up 24% from FY 2023). Net income: NT$495.1m (up 24% from FY 2023). Profit margin: 9.0% (in line with FY 2023). 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 23% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 12
Wholetech System Hitech Limited, Annual General Meeting, Jun 19, 2025 Wholetech System Hitech Limited, Annual General Meeting, Jun 19, 2025. Location: 2 floor no,487, kao feng rd., hsinchu city Taiwan Anuncio • Mar 04
Wholetech System Hitech Limited to Report Fiscal Year 2024 Results on Mar 11, 2025 Wholetech System Hitech Limited announced that they will report fiscal year 2024 results on Mar 11, 2025 Buy Or Sell Opportunity • Feb 04
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.7% to NT$101. The fair value is estimated to be NT$128, 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 16%. Buy Or Sell Opportunity • Dec 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.1% to NT$101. The fair value is estimated to be NT$126, 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 16%. Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$1.76 (vs NT$1.55 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.76 (up from NT$1.55 in 3Q 2023). Revenue: NT$1.40b (up 30% from 3Q 2023). Net income: NT$128.8m (up 14% from 3Q 2023). Profit margin: 9.2% (down from 11% 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 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Oct 30
Wholetech System Hitech Limited to Report Q3, 2024 Results on Nov 07, 2024 Wholetech System Hitech Limited announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: NT$1.77 (vs NT$1.60 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.77 (up from NT$1.60 in 2Q 2023). Revenue: NT$1.41b (up 34% from 2Q 2023). Net income: NT$129.2m (up 11% from 2Q 2023). Profit margin: 9.2% (down from 11% 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 16% per year but the company’s share price has increased by 40% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Aug 01
Wholetech System Hitech Limited to Report Q2, 2024 Results on Aug 08, 2024 Wholetech System Hitech Limited announced that they will report Q2, 2024 results on Aug 08, 2024 Upcoming Dividend • Jul 17
Upcoming dividend of NT$4.50 per share Eligible shareholders must have bought the stock before 22 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 73% but the company is paying out more than the cash it is generating. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to NT$128, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 261% over the past three years. Declared Dividend • Jul 03
Dividend increased to NT$4.50 Dividend of NT$4.50 is 7.1% higher than last year. Ex-date: 22nd July 2024 Payment date: 23rd August 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (73% earnings payout ratio) but not covered by cash flows (111% 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 13% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Anuncio • Jul 02
Wholetech System Hitech Limited Announces Cash Dividend, Payable on August 23, 2024 Wholetech System Hitech Limited announced cash dividend of TWD 328,714,614 at TWD 4.5 per share. (including the cash dividend at TWD 2 per share and the cash distribution from capital surplus at TWD 2.5 per share). The company's Board of directors approved to distribute cash dividends from earnings to shareholders (TWD 2 per share) on March 12,2024. The shareholders' meeting approved to distribute cash dividends from capital surplus (TWD 2.5 per share) on June 27,2024.Ex-rights (Ex-dividend) date is July 22, 2024; Ex-rights (Ex-dividend) record date is July 28, 2024; Payment date of cash dividend distribution is August 23, 2024. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$1.42 (vs NT$0.75 in 1Q 2023) First quarter 2024 results: EPS: NT$1.42 (up from NT$0.75 in 1Q 2023). Revenue: NT$1.31b (up 40% from 1Q 2023). Net income: NT$103.7m (up 89% from 1Q 2023). Profit margin: 7.9% (up from 5.8% in 1Q 2023). 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 36% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • May 09
Wholetech System Hitech Limited to Report Q1, 2024 Results on May 09, 2024 Wholetech System Hitech Limited announced that they will report Q1, 2024 results on May 09, 2024 New Risk • Apr 22
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 Risk Share price has been highly volatile over the past 3 months (8.6% average weekly change). Minor Risk Dividend is not well covered by cash flows (265% cash payout ratio). Valuation Update With 7 Day Price Move • Apr 12
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$117, the stock trades at a trailing P/E ratio of 21.3x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 237% over the past three years. Reported Earnings • Mar 16
Full year 2023 earnings released: EPS: NT$5.46 (vs NT$5.28 in FY 2022) Full year 2023 results: EPS: NT$5.46 (up from NT$5.28 in FY 2022). Revenue: NT$4.44b (down 7.1% from FY 2022). Net income: NT$399.0m (up 3.5% from FY 2022). Profit margin: 9.0% (up from 8.1% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 14
Wholetech System Hitech Limited, Annual General Meeting, Jun 27, 2024 Wholetech System Hitech Limited, Annual General Meeting, Jun 27, 2024. Location: 2F., No. 487, Gaofeng Rd., East Dist., Hsinchu City Taiwan Agenda: To approve Business report of the year 2023; to approve Audit Committee's review of the company's 2023 annual final accounting books and statements; to report on company's 2023 employees' and directors' remuneration; to report on company's 2023 endorsements and guarantees; and to report on company's 2023 Earnings Distribution. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$59.60, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 23x in the Semiconductor industry in Taiwan. Total returns to shareholders of 144% over the past three years. Reported Earnings • Nov 14
Third quarter 2023 earnings released: EPS: NT$1.55 (vs NT$1.83 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.55 (down from NT$1.83 in 3Q 2022). Revenue: NT$1.08b (down 23% from 3Q 2022). Net income: NT$113.4m (down 15% from 3Q 2022). Profit margin: 11% (up from 9.4% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 22% per year. Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: NT$1.60 (vs NT$1.00 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.60 (up from NT$1.00 in 2Q 2022). Revenue: NT$1.05b (down 11% from 2Q 2022). Net income: NT$116.7m (up 59% from 2Q 2022). Profit margin: 11% (up from 6.2% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Upcoming Dividend • Jul 06
Upcoming dividend of NT$4.20 per share at 7.8% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 10 August 2023. Payout ratio is on the higher end at 87%, however this is supported by cash flows. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.2%). Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: NT$5.28 (vs NT$3.93 in FY 2021) Full year 2022 results: EPS: NT$5.28 (up from NT$3.93 in FY 2021). Revenue: NT$4.78b (up 39% from FY 2021). Net income: NT$385.7m (up 37% from FY 2021). Profit margin: 8.1% (down from 8.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 17
Third quarter 2022 earnings released: EPS: NT$1.83 (vs NT$1.08 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.83 (up from NT$1.08 in 3Q 2021). Revenue: NT$1.41b (up 60% from 3Q 2021). Net income: NT$133.3m (up 72% from 3Q 2021). Profit margin: 9.4% (up from 8.8% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$1.00 (vs NT$1.20 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.00 (down from NT$1.20 in 2Q 2021). Revenue: NT$1.19b (up 44% from 2Q 2021). Net income: NT$73.2m (down 14% from 2Q 2021). Profit margin: 6.2% (down from 10% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year and the company’s share price has also increased by 21% per year. Buying Opportunity • Jul 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 26%. The fair value is estimated to be NT$48.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 16%. Upcoming Dividend • Jun 16
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 23 June 2022. Payment date: 22 July 2022. Payout ratio is a comfortable 69% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.1%). Reported Earnings • May 17
First quarter 2022 earnings released: EPS: NT$1.19 (vs NT$0.75 in 1Q 2021) First quarter 2022 results: EPS: NT$1.19 (up from NT$0.75 in 1Q 2021). Revenue: NT$1.02b (up 44% from 1Q 2021). Net income: NT$87.0m (up 63% from 1Q 2021). Profit margin: 8.5% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: NT$3.93 (vs NT$2.94 in FY 2020) Full year 2021 results: EPS: NT$3.93 (up from NT$2.94 in FY 2020). Revenue: NT$3.43b (up 21% from FY 2020). Net income: NT$281.2m (up 33% from FY 2020). Profit margin: 8.2% (up from 7.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 18
Third quarter 2021 earnings released: EPS NT$1.08 (vs NT$0.80 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$883.7m (up 22% from 3Q 2020). Net income: NT$77.6m (up 36% from 3Q 2020). Profit margin: 8.8% (up from 7.9% 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 4% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$1.20 (vs NT$0.70 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$826.0m (up 14% from 2Q 2020). Net income: NT$85.6m (up 71% from 2Q 2020). Profit margin: 10% (up from 6.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% 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 18
Upcoming dividend of NT$2.70 per share Eligible shareholders must have bought the stock before 24 June 2021. Payment date: 23 July 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.75 (vs NT$0.42 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$712.5m (up 14% from 1Q 2020). Net income: NT$53.4m (up 76% from 1Q 2020). Profit margin: 7.5% (up from 4.9% 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 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Mar 28
Full year 2020 earnings released: EPS NT$2.94 (vs NT$2.61 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.85b (up 3.4% from FY 2019). Net income: NT$211.6m (up 11% from FY 2019). Profit margin: 7.4% (up from 6.9% in FY 2019). The increase in margin was driven by higher revenue. 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 8% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Mar 16
New 90-day high: NT$30.90 The company is up 1.0% from a price of NT$30.60 on 16 December 2020. Underperformed the Taiwanese market, which is up 15% over the last 90 days. Lagged the Semiconductor industry, which is up 21% over the same period. Is New 90 Day High Low • Feb 01
New 90-day low: NT$28.70 The company is down 2.0% from its price of NT$29.20 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 35% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: NT$31.10 The company is up 15% from its price of NT$27.15 on 04 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 19% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: NT$30.70 The company is up 13% from its price of NT$27.25 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 Semiconductor industry, which is up 5.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.80 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$722.7m (up 4.2% from 3Q 2019). Net income: NT$57.2m (up 30% from 3Q 2019). Profit margin: 7.9% (up from 6.4% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 26
New 90-day high: NT$28.85 The company is up 4.0% from its price of NT$27.75 on 28 July 2020. The Taiwanese market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Semiconductor industry, which is up 5.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$26.60 The company is down 8.0% from its price of NT$29.05 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period.