Reported Earnings • May 05
First quarter 2026 earnings released: EPS: NT$0.025 (vs NT$0.12 loss in 1Q 2025) First quarter 2026 results: EPS: NT$0.025 (up from NT$0.12 loss in 1Q 2025). Revenue: NT$90.9m (up 27% from 1Q 2025). Net income: NT$1.98m (up NT$11.7m from 1Q 2025). Profit margin: 2.2% (up from net loss in 1Q 2025). The move to profitability 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 only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 01
Full year 2025 earnings released: NT$0.39 loss per share (vs NT$0.55 profit in FY 2024) Full year 2025 results: NT$0.39 loss per share (down from NT$0.55 profit in FY 2024). Revenue: NT$340.2m (down 3.5% from FY 2024). Net loss: NT$31.1m (down 172% from profit in FY 2024). 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 8% per year, which means it is significantly lagging earnings. Annonce • Feb 26
Vate Technology Co., Ltd., Annual General Meeting, Jun 17, 2026 Vate Technology Co., Ltd., Annual General Meeting, Jun 17, 2026. Location: 2 floor no,1, kung yeh tung 2nd rd., east district hsinchu science park, hsinchu city Taiwan Board Change • Dec 08
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Jonathan Chow was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 01
Third quarter 2025 earnings released: NT$0.08 loss per share (vs NT$0.14 profit in 3Q 2024) Third quarter 2025 results: NT$0.08 loss per share (down from NT$0.14 profit in 3Q 2024). Revenue: NT$84.9m (down 10% from 3Q 2024). Net loss: NT$6.77m (down 163% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. New Risk • Aug 20
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: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Market cap is less than US$100m (NT$1.16b market cap, or US$38.2m). Reported Earnings • Jul 31
Second quarter 2025 earnings released: NT$0.18 loss per share (vs NT$0.16 profit in 2Q 2024) Second quarter 2025 results: NT$0.18 loss per share (down from NT$0.16 profit in 2Q 2024). Revenue: NT$89.7m (up 1.4% from 2Q 2024). Net loss: NT$14.6m (down 212% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Reported Earnings • May 13
First quarter 2025 earnings released: NT$0.12 loss per share (vs NT$0.15 profit in 1Q 2024) First quarter 2025 results: NT$0.12 loss per share (down from NT$0.15 profit in 1Q 2024). Revenue: NT$71.8m (down 16% from 1Q 2024). Net loss: NT$9.72m (down 180% from profit in 1Q 2024). 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 12% per year, which means it is significantly lagging earnings. Annonce • Apr 11
Vate Technology Co., Ltd. to Report Q1, 2025 Results on Apr 23, 2025 Vate Technology Co., Ltd. announced that they will report Q1, 2025 results on Apr 23, 2025 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to NT$12.95, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 43% over the past three years. Reported Earnings • Mar 15
Full year 2024 earnings released: EPS: NT$0.55 (vs NT$0.11 in FY 2023) Full year 2024 results: EPS: NT$0.55 (up from NT$0.11 in FY 2023). Revenue: NT$352.7m (up 19% from FY 2023). Net income: NT$43.5m (up 419% from FY 2023). Profit margin: 12% (up from 2.8% in FY 2023). 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 fallen by 10% per year, which means it is significantly lagging earnings. Annonce • Feb 27
Vate Technology Co., Ltd., Annual General Meeting, Jun 19, 2025 Vate Technology Co., Ltd., Annual General Meeting, Jun 19, 2025. Location: 2 floor no,1, kung yeh tung 2nd rd., east district hsinchu science park, hsinchu city Taiwan Annonce • Feb 19
Vate Technology Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025 Vate Technology Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (NT$1.48b market cap, or US$45.5m). New Risk • Dec 13
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 6.3% 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 (6.3% average weekly change). Market cap is less than US$100m (NT$1.50b market cap, or US$46.1m). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$20.95, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total loss to shareholders of 33% over the past three years. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: NT$0.13 (vs NT$0.06 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.13 (up from NT$0.06 in 3Q 2023). Revenue: NT$94.7m (up 21% from 3Q 2023). Net income: NT$10.7m (up 126% from 3Q 2023). Profit margin: 11% (up from 6.0% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Annonce • Oct 15
Vate Technology Co., Ltd. to Report Q3, 2024 Results on Oct 23, 2024 Vate Technology Co., Ltd. announced that they will report Q3, 2024 results on Oct 23, 2024 Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: NT$0.16 (vs NT$0.019 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.16 (up from NT$0.019 loss in 2Q 2023). Revenue: NT$88.5m (up 32% from 2Q 2023). Net income: NT$13.1m (up NT$14.6m from 2Q 2023). Profit margin: 15% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Jul 20
Vate Technology Co., Ltd. to Report Q2, 2024 Results on Jul 31, 2024 Vate Technology Co., Ltd. announced that they will report Q2, 2024 results on Jul 31, 2024 Reported Earnings • May 11
First quarter 2024 earnings released: EPS: NT$0.15 (vs NT$0.18 loss in 1Q 2023) First quarter 2024 results: EPS: NT$0.15 (up from NT$0.18 loss in 1Q 2023). Revenue: NT$85.6m (up 60% from 1Q 2023). Net income: NT$12.2m (up NT$26.6m from 1Q 2023). Profit margin: 14% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Annonce • Apr 17
Vate Technology Co., Ltd. to Report Q1, 2024 Results on Apr 24, 2024 Vate Technology Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on Apr 24, 2024 Reported Earnings • Mar 09
Full year 2023 earnings released: EPS: NT$0.11 (vs NT$0.23 loss in FY 2022) Full year 2023 results: EPS: NT$0.11 (up from NT$0.23 loss in FY 2022). Revenue: NT$297.7m (up 11% from FY 2022). Net income: NT$8.40m (up NT$26.5m from FY 2022). Profit margin: 2.8% (up from net loss in FY 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Annonce • Mar 05
Vate Technology Co., Ltd., Annual General Meeting, Jun 19, 2024 Vate Technology Co., Ltd., Annual General Meeting, Jun 19, 2024. Location: Edison Auditorium, 2nd Floor, Science and Technology Life Building,Hsinchu Science Park Hsinchu Taiwan Agenda: To report the business of 2023; Audit Committee's review report; Adoption of the Proposal for 2023 business report and financial statements; Adoption of the Proposal for 2023 deficit compensation; and to discuss other matters. New Risk • Oct 11
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 Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$1.45b market cap, or US$45.0m). Reported Earnings • Jul 29
Second quarter 2023 earnings released: NT$0.02 loss per share (vs NT$0.085 profit in 2Q 2022) Second quarter 2023 results: NT$0.02 loss per share (down from NT$0.085 profit in 2Q 2022). Revenue: NT$66.8m (down 9.7% from 2Q 2022). Net loss: NT$1.51m (down 123% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Mar 13
Full year 2022 earnings released: NT$0.23 loss per share (vs NT$0.76 profit in FY 2021) Full year 2022 results: NT$0.23 loss per share (down from NT$0.76 profit in FY 2021). Revenue: NT$267.4m (down 31% from FY 2021). Net loss: NT$18.1m (down 130% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 30% 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 • Oct 28
Third quarter 2022 earnings released: NT$0.06 loss per share (vs NT$0.20 profit in 3Q 2021) Third quarter 2022 results: NT$0.06 loss per share (down from NT$0.20 profit in 3Q 2021). Revenue: NT$65.2m (down 32% from 3Q 2021). Net loss: NT$4.24m (down 126% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$13.95, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 10x in the Semiconductor industry in Taiwan. Total returns to shareholders of 129% over the past three years. 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$16.05, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 11x in the Semiconductor industry in Taiwan. Total returns to shareholders of 156% over the past three years. Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: NT$0.09 (vs NT$0.17 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.09 (down from NT$0.17 in 2Q 2021). Revenue: NT$74.0m (down 23% from 2Q 2021). Net income: NT$6.72m (down 52% from 2Q 2021). Profit margin: 9.1% (down from 14% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improved over the past week After last week's 25% share price gain to NT$25.35, the stock trades at a trailing P/E ratio of 48.1x. Average trailing P/E is 12x in the Semiconductor industry in Taiwan. Total returns to shareholders of 302% over the past three years. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improved over the past week After last week's 18% share price gain to NT$19.80, the stock trades at a trailing P/E ratio of 37.6x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 201% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released: EPS: NT$0.03 (vs NT$0.27 in 1Q 2021) First quarter 2022 results: EPS: NT$0.03 (down from NT$0.27 in 1Q 2021). Revenue: NT$79.7m (down 21% from 1Q 2021). Net income: NT$2.59m (down 88% from 1Q 2021). Profit margin: 3.2% (down from 21% 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 107% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 09
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$0.76 (up from NT$0.53 in FY 2020). Revenue: NT$385.3m (up 9.5% from FY 2020). Net income: NT$60.5m (up 44% from FY 2020). Profit margin: 16% (up from 12% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$24.00, the stock trades at a trailing P/E ratio of 28.7x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 269% over the past three years. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$31.70, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 384% over the past three years. Valuation Update With 7 Day Price Move • Dec 25
Investor sentiment improved over the past week After last week's 24% share price gain to NT$37.85, the stock trades at a trailing P/E ratio of 45.2x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 461% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improved over the past week After last week's 24% share price gain to NT$28.65, the stock trades at a trailing P/E ratio of 34.2x. Average trailing P/E is 21x in the Semiconductor industry in Taiwan. Total returns to shareholders of 337% over the past three years. Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment improved over the past week After last week's 38% share price gain to NT$26.00, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 281% over the past three years. Valuation Update With 7 Day Price Move • Oct 21
Investor sentiment improved over the past week After last week's 22% share price gain to NT$16.90, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 179% over the past three years. Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$17.05, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 98% over the past three years. Reported Earnings • Aug 09
Second quarter 2021 earnings released: EPS NT$0.17 (vs NT$0.14 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$96.5m (up 24% from 2Q 2020). Net income: NT$13.9m (up 28% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 99% 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 • Jul 15
Investor sentiment improved over the past week After last week's 22% share price gain to NT$19.25, the stock trades at a trailing P/E ratio of 25.3x. Average trailing P/E is 25x in the Semiconductor industry in Taiwan. Total returns to shareholders of 100% over the past three years. Reported Earnings • May 11
First quarter 2021 earnings released: EPS NT$0.27 (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$101.1m (up 54% from 1Q 2020). Net income: NT$21.3m (up NT$18.2m from 1Q 2020). Profit margin: 21% (up from 4.6% 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 82% per year but the company’s share price has only increased by 17% 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 16% share price decline to NT$16.25, the stock trades at a trailing P/E ratio of 30.7x. Average trailing P/E is 27x in the Semiconductor industry in Taiwan. Total returns to shareholders of 69% over the past three years. Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improved over the past week After last week's 16% share price gain to NT$17.25, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 28x in the Semiconductor industry in Taiwan. Total returns to shareholders of 88% over the past three years. Reported Earnings • Mar 16
Full year 2020 earnings released: EPS NT$0.53 (vs NT$0.48 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$351.8m (up 66% from FY 2019). Net income: NT$42.1m (up NT$80.1m from FY 2019). Profit margin: 12% (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 59% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annonce • Feb 26
Vate Technology Co., Ltd., Annual General Meeting, Jun 17, 2021 Vate Technology Co., Ltd., Annual General Meeting, Jun 17, 2021. Is New 90 Day High Low • Jan 28
New 90-day low: NT$12.30 The company is down 12% from its price of NT$14.05 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 40% over the same period. Is New 90 Day High Low • Jan 12
New 90-day low: NT$13.85 The company is down 6.0% from its price of NT$14.75 on 15 October 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 28% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: EPS NT$0.17 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$107.1m (up 87% from 3Q 2019). Net income: NT$13.0m (up NT$18.7m from 3Q 2019). Profit margin: 12% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Sep 21
New 90-day high: NT$18.35 The company is up 68% from its price of NT$10.90 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 30% over the same period.