Reported Earnings • May 14
First quarter 2026 earnings released: NT$0.32 loss per share (vs NT$0.42 loss in 1Q 2025) First quarter 2026 results: NT$0.32 loss per share (improved from NT$0.42 loss in 1Q 2025). Revenue: NT$435.7m (up 5.4% from 1Q 2025). Net loss: NT$38.9m (loss narrowed 23% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 30
Full year 2025 earnings released: NT$1.79 loss per share (vs NT$1.21 loss in FY 2024) Full year 2025 results: NT$1.79 loss per share (further deteriorated from NT$1.21 loss in FY 2024). Revenue: NT$1.76b (up 19% from FY 2024). Net loss: NT$216.2m (loss widened 48% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Anuncio • Mar 13
Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026 Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 24, 2026. Location: no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan Reported Earnings • Nov 14
Third quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.51 loss in 3Q 2024) Third quarter 2025 results: NT$0.27 loss per share (improved from NT$0.51 loss in 3Q 2024). Revenue: NT$497.6m (up 41% from 3Q 2024). Net loss: NT$32.0m (loss narrowed 48% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.67 loss per share (vs NT$0.16 loss in 2Q 2024) Second quarter 2025 results: NT$0.67 loss per share (further deteriorated from NT$0.16 loss in 2Q 2024). Revenue: NT$471.3m (up 18% from 2Q 2024). Net loss: NT$81.2m (loss widened 332% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.42 loss per share (vs NT$0.28 loss in 1Q 2024) First quarter 2025 results: NT$0.42 loss per share (further deteriorated from NT$0.28 loss in 1Q 2024). Revenue: NT$413.3m (up 26% from 1Q 2024). Net loss: NT$50.2m (loss widened 47% from 1Q 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. Anuncio • Apr 30
Wha Yu Industrial Co., Ltd. to Report Q1, 2025 Results on May 07, 2025 Wha Yu Industrial Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025 Anuncio • Mar 17
Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025 Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: 4 floor no,1, kung yeh tung 2nd rd., hsinchu science park, hsinchu city Taiwan Anuncio • Jan 03
Wha Yu Industrial Co., Ltd. Announces the Resignation of Kao,Cheng-Huan as Chief Marketing Officer Wha Yu Industrial Co., Ltd. announced the resignation of Kao,Cheng-Huan as Chief Marketing Officer. Reason for the change: Personal Career Development Plan. Effective date: December 31, 2024. Reported Earnings • Nov 18
Third quarter 2024 earnings released: NT$0.51 loss per share (vs NT$0.27 loss in 3Q 2023) Third quarter 2024 results: NT$0.51 loss per share (further deteriorated from NT$0.27 loss in 3Q 2023). Revenue: NT$354.1m (down 3.1% from 3Q 2023). Net loss: NT$61.0m (loss widened 89% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Anuncio • Nov 02
Wha Yu Industrial Co., Ltd. to Report Q3, 2024 Results on Nov 07, 2024 Wha Yu Industrial Co., Ltd. announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.16 loss per share (vs NT$0.22 profit in 2Q 2023) Second quarter 2024 results: NT$0.16 loss per share (down from NT$0.22 profit in 2Q 2023). Revenue: NT$400.7m (up 17% from 2Q 2023). Net loss: NT$18.8m (down 172% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Anuncio • Jul 31
Wha Yu Industrial Co., Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Wha Yu Industrial Co., Ltd. announced that they will report Q2, 2024 results on Aug 08, 2024 Reported Earnings • May 20
First quarter 2024 earnings released: NT$0.28 loss per share (vs NT$0.26 loss in 1Q 2023) First quarter 2024 results: NT$0.28 loss per share (further deteriorated from NT$0.26 loss in 1Q 2023). Revenue: NT$328.4m (down 13% from 1Q 2023). Net loss: NT$34.2m (loss widened 9.2% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Anuncio • May 02
Wha Yu Industrial Co., Ltd. to Report Q1, 2024 Results on May 08, 2024 Wha Yu Industrial Co., Ltd. announced that they will report Q1, 2024 results on May 08, 2024 Reported Earnings • Mar 29
Full year 2023 earnings released: NT$1.00 loss per share (vs NT$0.28 profit in FY 2022) Full year 2023 results: NT$1.00 loss per share (down from NT$0.28 profit in FY 2022). Revenue: NT$1.40b (down 29% from FY 2022). Net loss: NT$120.1m (down 459% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Anuncio • Mar 16
Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024 Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 26, 2024. Location: Darwin Hall ,GIS HSP Convention Center, 2F., No.1, Gongye E. 2nd Rd., East Dist., Hsinchu City Taiwan Agenda: To consider to report the business of 2023; to consider audit Committee's review report of 2023; to consider Implementation of Investments in the PRC; to consider the Status of Endorsement and Guarantee; to consider the Status of Lending Funds to Other Parties; to consider To accept 2023 Business Report and Financial Statements; to accept 2023 Deficit compensation; and to consider other matters. New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 4.9% 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 4.9% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$2.23b market cap, or US$70.2m). Upcoming Dividend • Aug 17
Upcoming dividend of NT$0.20 per share at 1.1% yield Eligible shareholders must have bought the stock before 24 August 2023. Payment date: 22 September 2023. Trailing yield: 1.1%. Lower than top quartile of Taiwanese dividend payers (5.7%). Lower than average of industry peers (2.8%). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.22 (vs NT$0.16 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.22 (up from NT$0.16 in 2Q 2022). Revenue: NT$343.9m (down 29% from 2Q 2022). Net income: NT$26.2m (up 34% from 2Q 2022). Profit margin: 7.6% (up from 4.0% 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 102% 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 • Mar 31
Full year 2022 earnings released: EPS: NT$0.28 (vs NT$0.33 loss in FY 2021) Full year 2022 results: EPS: NT$0.28 (up from NT$0.33 loss in FY 2021). Revenue: NT$1.98b (up 25% from FY 2021). Net income: NT$33.4m (up NT$73.2m from FY 2021). Profit margin: 1.7% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 74% 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 21
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$18.40, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 14x in the Communications industry in Taiwan. Total returns to shareholders of 5.4% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.057 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$0.60 (up from NT$0.057 loss in 3Q 2021). Revenue: NT$583.5m (up 41% from 3Q 2021). Net income: NT$72.4m (up NT$79.3m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 13
Third quarter 2022 earnings released: EPS: NT$0.60 (vs NT$0.057 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$0.60 (up from NT$0.057 loss in 3Q 2021). Revenue: NT$583.5m (up 41% from 3Q 2021). Net income: NT$72.4m (up NT$79.3m from 3Q 2021). Profit margin: 12% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.16 (vs NT$0.009 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$0.16 (up from NT$0.009 loss in 2Q 2021). Revenue: NT$484.4m (up 5.1% from 2Q 2021). Net income: NT$19.6m (up NT$20.6m from 2Q 2021). Profit margin: 4.0% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • May 17
First quarter 2022 earnings released: NT$0.22 loss per share (vs NT$0.058 loss in 1Q 2021) First quarter 2022 results: NT$0.22 loss per share (down from NT$0.058 loss in 1Q 2021). Revenue: NT$351.4m (up 7.6% from 1Q 2021). Net loss: NT$27.1m (loss widened 287% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Anuncio • Apr 02
Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 27, 2022 Wha Yu Industrial Co., Ltd., Annual General Meeting, Jun 27, 2022. Reported Earnings • Mar 31
Full year 2021 earnings released: NT$0.33 loss per share (vs NT$0.27 loss in FY 2020) Full year 2021 results: NT$0.33 loss per share (down from NT$0.27 loss in FY 2020). Revenue: NT$1.58b (up 11% from FY 2020). Net loss: NT$39.8m (loss widened 21% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.19 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: NT$414.9m (up 4.1% from 3Q 2020). Net loss: NT$6.84m (loss narrowed 71% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 19
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 22 September 2021. Trailing yield: 3.2%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (3.3%). Reported Earnings • May 04
First quarter 2021 earnings released: NT$0.06 loss per share (vs NT$0.49 loss in 1Q 2020) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: NT$326.6m (up 17% from 1Q 2020). Net loss: NT$7.00m (loss narrowed 88% from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: NT$0.27 loss per share (vs NT$0.58 loss in FY 2019) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2020 results: Revenue: NT$1.43b (down 9.5% from FY 2019). Net loss: NT$33.0m (loss narrowed 53% from FY 2019). 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 8% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 23
New 90-day high: NT$22.20 The company is up 34% from its price of NT$16.60 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: NT$21.70 The company is up 70% from its price of NT$12.80 on 29 September 2020. The Taiwanese market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 22% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: NT$18.20 The company is up 22% from its price of NT$14.90 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 Communications industry, which is up 12% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: NT$0.19 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$398.5m (down 6.1% from 3Q 2019). Net loss: NT$23.3m (loss widened 124% from 3Q 2019). 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 1% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 13
New 90-day high: NT$17.20 The company is up 23% from its price of NT$14.00 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 Communications industry, which is up 2.0% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: NT$15.40 The company is up 15% from its price of NT$13.40 on 30 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 Communications industry, which is up 1.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$12.90 The company is down 9.0% from its price of NT$14.25 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 Communications industry, which is up 2.0% over the same period. 