Reported Earnings • Aug 14
Second quarter 2026 earnings released: NT$0.28 loss per share (vs NT$1.06 loss in 2Q 2025) Second quarter 2026 results: NT$0.28 loss per share (improved from NT$1.06 loss in 2Q 2025). Revenue: NT$150.7m (up 31% from 2Q 2025). Net loss: NT$38.0m (loss narrowed 42% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • May 15
First quarter 2026 earnings released: NT$0.40 loss per share (vs NT$0.81 loss in 1Q 2025) First quarter 2026 results: NT$0.40 loss per share. Revenue: NT$99.2m (down 37% from 1Q 2025). Net loss: NT$53.9m (loss widened 25% from 1Q 2025). Reported Earnings • Mar 26
Full year 2025 earnings released: NT$3.45 loss per share (vs NT$5.29 loss in FY 2024) Full year 2025 results: NT$3.45 loss per share (improved from NT$5.29 loss in FY 2024). Revenue: NT$475.4m (down 26% from FY 2024). Net loss: NT$250.4m (loss narrowed 11% from FY 2024). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Anuncio • Mar 12
Optivision Technology, Inc., Annual General Meeting, Jun 18, 2026 Optivision Technology, Inc., Annual General Meeting, Jun 18, 2026. Location: 26 floor no,95, hsin p`u 6th st., taoyuan district, taoyuan city Taiwan New Risk • Nov 28
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 66% 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 Earnings have declined by 42% per year over the past 5 years. Shareholders have been substantially diluted in the past year (66% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$2.64b market cap, or US$84.0m). Reported Earnings • Nov 16
Third quarter 2025 earnings released: NT$0.47 loss per share (vs NT$0.77 loss in 3Q 2024) Third quarter 2025 results: NT$0.47 loss per share (improved from NT$0.77 loss in 3Q 2024). Revenue: NT$84.2m (down 52% from 3Q 2024). Net loss: NT$30.0m (loss narrowed 26% from 3Q 2024). 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 17% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$1.06 loss per share (vs NT$1.25 loss in 2Q 2024) Second quarter 2025 results: NT$1.06 loss per share (improved from NT$1.25 loss in 2Q 2024). Revenue: NT$114.7m (down 28% from 2Q 2024). Net loss: NT$65.5m (loss narrowed 1.0% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% This is considered a minor 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 Less than 1 year of cash runway based on free cash flow trend (-NT$82m free cash flow). Earnings have declined by 51% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (NT$1.74b market cap, or US$58.1m). Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.81 loss per share (vs NT$1.67 loss in 1Q 2024) First quarter 2025 results: NT$0.81 loss per share (improved from NT$1.67 loss in 1Q 2024). Revenue: NT$156.5m (up 7.3% from 1Q 2024). Net loss: NT$43.0m (loss narrowed 52% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Board Change • May 13
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Chairman Zong-Yuan Huan 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 • Apr 02
Optivision Technology, Inc., Annual General Meeting, Jun 20, 2025 Optivision Technology, Inc., Annual General Meeting, Jun 20, 2025. Location: 3-1 floor no,1071, chung cheng rd., taoyuan district, taoyuan city Taiwan Reported Earnings • Mar 20
Full year 2024 earnings released: NT$5.29 loss per share (vs NT$5.64 loss in FY 2023) Full year 2024 results: NT$5.29 loss per share (improved from NT$5.64 loss in FY 2023). Revenue: NT$642.3m (down 11% from FY 2023). Net loss: NT$280.9m (loss narrowed 5.9% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. New Risk • Dec 25
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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$166m free cash flow). Earnings have declined by 56% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.56b market cap, or US$47.8m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.77 loss per share (vs NT$0.75 loss in 3Q 2023) Third quarter 2024 results: NT$0.77 loss per share (further deteriorated from NT$0.75 loss in 3Q 2023). Revenue: NT$174.2m (down 19% from 3Q 2023). Net loss: NT$40.8m (loss widened 2.5% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% 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. Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$1.25 loss per share (vs NT$2.11 loss in 2Q 2023) Second quarter 2024 results: NT$1.25 loss per share (improved from NT$2.11 loss in 2Q 2023). Revenue: NT$158.6m (down 7.1% from 2Q 2023). Net loss: NT$66.2m (loss narrowed 41% from 2Q 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. Reported Earnings • May 19
First quarter 2024 earnings released: NT$1.67 loss per share (vs NT$0.98 loss in 1Q 2023) First quarter 2024 results: NT$1.67 loss per share (further deteriorated from NT$0.98 loss in 1Q 2023). Revenue: NT$145.8m (down 17% from 1Q 2023). Net loss: NT$88.7m (loss widened 72% from 1Q 2023). 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. Anuncio • Apr 02
Optivision Technology, Inc., Annual General Meeting, Jun 24, 2024 Optivision Technology, Inc., Annual General Meeting, Jun 24, 2024. New Risk • Apr 01
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 47% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NT$1.58b market cap, or US$49.3m). Anuncio • Mar 30
Yuande Investment Co., Ltd., Chia Chun Investment Co., Ltd., Phoenix Resort Hotel Co., Ltd., Yuanxiang International Development Co., Ltd. and Chen agreed to acquire 43.1% stake in Optivision Technology, Inc. (TPEX:3666) from K Laser Technology Inc. (TWSE:2461) for approximately TWD 450 million. Yuande Investment Co., Ltd., Chia Chun Investment Co., Ltd., Phoenix Resort Hotel Co., Ltd., Yuanxiang International Development Co., Ltd. and Chen agreed to acquire 43.1% stake in Optivision Technology, Inc. (TPEX:3666) from K Laser Technology Inc. (TWSE:2461) for approximately TWD 450 million on March 28, 2024. Ken Wu of Reanda M Y Wu & Co., CPAs acted as accountant to K Laser Technology. Reported Earnings • Mar 12
Full year 2023 earnings released: NT$5.64 loss per share (vs NT$5.61 loss in FY 2022) Full year 2023 results: NT$5.64 loss per share. Revenue: NT$721.0m (down 24% from FY 2022). Net loss: NT$298.6m (loss narrowed 2.0% from FY 2022). New Risk • Oct 02
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 8.3% 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 (8.3% average weekly change). Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.53b market cap, or US$47.3m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: NT$2.11 loss per share (vs NT$1.01 loss in 2Q 2022) Second quarter 2023 results: NT$2.11 loss per share (further deteriorated from NT$1.01 loss in 2Q 2022). Revenue: NT$170.8m (down 37% from 2Q 2022). Net loss: NT$111.9m (loss widened 99% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 22
Full year 2022 earnings released: NT$5.61 loss per share (vs NT$0.55 loss in FY 2021) Full year 2022 results: NT$5.61 loss per share (further deteriorated from NT$0.55 loss in FY 2021). Revenue: NT$953.0m (down 45% from FY 2021). Net loss: NT$304.7m (loss widened NT$272.5m from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 116 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced 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: Insufficient board refreshment. Reported Earnings • Nov 13
Third quarter 2022 earnings released: NT$3.04 loss per share (vs NT$0.62 loss in 3Q 2021) Third quarter 2022 results: NT$3.04 loss per share (further deteriorated from NT$0.62 loss in 3Q 2021). Revenue: NT$138.3m (down 63% from 3Q 2021). Net loss: NT$161.2m (loss widened 347% from 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Buying Opportunity • Oct 17
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 37%. The fair value is estimated to be NT$21.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Sep 30
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 28%. The fair value is estimated to be NT$24.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.6% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 05
Second quarter 2022 earnings released: NT$1.01 loss per share (vs NT$0.027 profit in 2Q 2021) Second quarter 2022 results: NT$1.01 loss per share (down from NT$0.027 profit in 2Q 2021). Revenue: NT$272.0m (down 39% from 2Q 2021). Net loss: NT$56.1m (down NT$57.7m from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 14% per year. Buying Opportunity • Jul 27
Now 20% undervalued Over the last 90 days, the stock is up 19%. The fair value is estimated to be NT$31.10, 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. Meanwhile, the company became loss making. Buying Opportunity • Jul 11
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 3.7%. The fair value is estimated to be NT$31.22, 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. Meanwhile, the company became loss making. Buying Opportunity • May 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be NT$32.08, 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. Meanwhile, the company became loss making. Reported Earnings • May 09
First quarter 2022 earnings released: EPS: NT$0.22 (vs NT$0.62 in 1Q 2021) First quarter 2022 results: EPS: NT$0.22 (down from NT$0.62 in 1Q 2021). Revenue: NT$395.6m (down 20% from 1Q 2021). Net income: NT$12.3m (down 66% from 1Q 2021). Profit margin: 3.1% (down from 7.3% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Director Guang Yuan was the last director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 13
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: NT$0.55 loss per share (down from NT$2.71 profit in FY 2020). Revenue: NT$1.73b (down 5.8% from FY 2020). Net loss: NT$32.2m (down 125% from profit in FY 2020). Revenue exceeded analyst estimates by 20%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 15% share price gain to NT$36.85, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 138% over the past three years. Reported Earnings • Nov 18
Third quarter 2021 earnings released: NT$0.62 loss per share (vs NT$1.15 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: NT$375.3m (down 34% from 3Q 2020). Net loss: NT$36.1m (down 165% from profit in 3Q 2020). 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 31% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improved over the past week After last week's 15% share price gain to NT$32.90, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 155% over the past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.03 (vs NT$0.12 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$447.2m (up 17% from 2Q 2020). Net income: NT$1.57m (down 73% from 2Q 2020). Profit margin: 0.4% (down from 1.5% 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 103% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improved over the past week After last week's 19% share price gain to NT$45.70, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 26x in the Semiconductor industry in Taiwan. Total returns to shareholders of 133% over the past three years. Upcoming Dividend • Jun 22
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 29 July 2021. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (2.2%). Valuation Update With 7 Day Price Move • May 23
Investor sentiment improved over the past week After last week's 17% share price gain to NT$42.20, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 106% over the past three years. Reported Earnings • May 09
First quarter 2021 earnings released: EPS NT$0.62 (vs NT$0.038 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$497.2m (up 54% from 1Q 2020). Net income: NT$36.4m (up NT$34.5m from 1Q 2020). Profit margin: 7.3% (up from 0.6% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 05
Investor sentiment deteriorated over the past week After last week's 19% share price decline to NT$45.40, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 119% over the past three years. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS NT$2.71 (vs NT$0.40 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.83b (up 34% from FY 2019). Net income: NT$131.0m (up NT$150.2m from FY 2019). Profit margin: 7.1% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. 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 40% per year, which means it is tracking significantly ahead of earnings growth. Anuncio • Mar 19
Optivision Technology, Inc., Annual General Meeting, Jun 10, 2021 Optivision Technology, Inc., Annual General Meeting, Jun 10, 2021. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment improved over the past week After last week's 20% share price gain to NT$74.20, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 212% over the past three years. Reported Earnings • Mar 13
Full year 2020 earnings released: EPS NT$2.71 (vs NT$0.40 loss in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.83b (up 34% from FY 2019). Net income: NT$131.0m (up NT$150.2m from FY 2019). Profit margin: 7.1% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. 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 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improved over the past week After last week's 16% share price gain to NT$68.50, the stock is trading at a trailing P/E ratio of 47.7x, up from the previous P/E ratio of 41.2x. This compares to an average P/E of 29x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 223%. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$58.50, the stock is trading at a trailing P/E ratio of 40.7x, down from the previous P/E ratio of 48.4x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 158%. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$74.30, the stock is trading at a trailing P/E ratio of 51.7x, down from the previous P/E ratio of 61.6x. This compares to an average P/E of 25x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 209%. Is New 90 Day High Low • Dec 16
New 90-day high: NT$86.30 The company is up 153% from its price of NT$34.05 on 17 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 17% 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 17% share price gain to NT$71.20, the stock is trading at a trailing P/E ratio of 49.6x, up from the previous P/E ratio of 42.3x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 172%. Valuation Update With 7 Day Price Move • Nov 28
Market bids up stock over the past week After last week's 23% share price gain to NT$67.70, the stock is trading at a trailing P/E ratio of 47.1x, up from the previous P/E ratio of 38.4x. This compares to an average P/E of 24x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 134%. Valuation Update With 7 Day Price Move • Nov 19
Market bids up stock over the past week After last week's 21% share price gain to NT$50.80, the stock is trading at a trailing P/E ratio of 35.4x, up from the previous P/E ratio of 29.3x. This compares to an average P/E of 22x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 58%. Is New 90 Day High Low • Nov 13
New 90-day high: NT$42.00 The company is up 87% from its price of NT$22.50 on 14 August 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 6.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS NT$1.15 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$565.8m (up 42% from 3Q 2019). Net income: NT$55.4m (up 436% from 3Q 2019). Profit margin: 9.8% (up from 2.6% 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 25% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 29
Market bids up stock over the past week After last week's 18% share price gain to NT$38.00, the stock is trading at a trailing P/E ratio of 75.6x, up from the previous P/E ratio of 64.3x. This compares to an average P/E of 23x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 35%. Is New 90 Day High Low • Oct 27
New 90-day high: NT$35.60 The company is up 96% from its price of NT$18.20 on 29 July 2020. The Taiwanese market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 4.0% over the same period.