Reported Earnings • Aug 15
Second quarter 2026 earnings released: EPS: NT$3.66 (vs NT$1.64 in 2Q 2025) Second quarter 2026 results: EPS: NT$3.66 (up from NT$1.64 in 2Q 2025). Revenue: NT$369.3m (up 7.0% from 2Q 2025). Net income: NT$109.8m (up 123% from 2Q 2025). Profit margin: 30% (up from 14% in 2Q 2025). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Valuation Update With 7 Day Price Move • Jul 29
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$194, the stock trades at a trailing P/E ratio of 25.1x. Average trailing P/E is 39x in the Semiconductor industry in Taiwan. Total loss to shareholders of 29% over the past three years. Reported Earnings • May 16
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.53 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00 (down from NT$1.53 in 1Q 2025). Revenue: NT$265.3m (up 7.5% from 1Q 2025). Net income: NT$37.8m (down 18% from 1Q 2025). Profit margin: 14% (down from 19% in 1Q 2025). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$240, the stock trades at a trailing P/E ratio of 30.1x. Average trailing P/E is 42x in the Semiconductor industry in Taiwan. Total returns to shareholders of 50% over the past year. Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: NT$7.99 (vs NT$8.25 in FY 2024) Full year 2025 results: EPS: NT$7.99 (down from NT$8.25 in FY 2024). Revenue: NT$1.32b (up 1.7% from FY 2024). Net income: NT$239.7m (flat on FY 2024). Profit margin: 18% (in line with FY 2024). Declared Dividend • Mar 14
Dividend of NT$6.00 announced Dividend of NT$6.00 is the same as last year. Ex-date: 26th March 2026 Payment date: 30th April 2026 Dividend yield will be 2.7%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (78% 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 44% per year over the past 3 years and payments have been stable during that time. Earnings per share has grown by 6.0% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • Mar 11
Gudeng Equipment Co., LTD., Annual General Meeting, May 26, 2026 Gudeng Equipment Co., LTD., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: 14 floor no,168, sec.2 fu hsing 3rd rd., jhubei city, hsinchu county Taiwan Board Change • Mar 02
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Director Jui-Ching Hu was the last 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. New Risk • Jan 12
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 6.6% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$260, the stock trades at a trailing P/E ratio of 33.7x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 24% over the past year. New Risk • Nov 14
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 6.7% 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 Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Nov 08
Third quarter 2025 earnings released: EPS: NT$2.35 (vs NT$2.30 in 3Q 2024) Third quarter 2025 results: EPS: NT$2.35 (up from NT$2.30 in 3Q 2024). Revenue: NT$337.3m (up 9.9% from 3Q 2024). Net income: NT$70.5m (up 2.3% from 3Q 2024). Profit margin: 21% (down from 23% in 3Q 2024). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$217, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total loss to shareholders of 13% over the past year. Reported Earnings • Aug 13
Second quarter 2025 earnings released: EPS: NT$1.64 (vs NT$1.86 in 2Q 2024) Second quarter 2025 results: EPS: NT$1.64 (down from NT$1.86 in 2Q 2024). Revenue: NT$345.2m (down 4.6% from 2Q 2024). Net income: NT$49.3m (down 8.4% from 2Q 2024). Profit margin: 14% (in line with 2Q 2024). Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$1.53 (vs NT$1.87 in 1Q 2024) First quarter 2025 results: EPS: NT$1.53 (down from NT$1.87 in 1Q 2024). Revenue: NT$246.8m (down 26% from 1Q 2024). Net income: NT$46.0m (down 10.0% from 1Q 2024). Profit margin: 19% (up from 15% in 1Q 2024). The increase in margin was driven by lower expenses. 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$161, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 46% over the past year. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: NT$8.25 (vs NT$8.36 in FY 2023) Full year 2024 results: EPS: NT$8.25. Revenue: NT$1.30b (up 7.9% from FY 2023). Net income: NT$239.7m (up 5.0% from FY 2023). Profit margin: 18% (in line with FY 2023). Declared Dividend • Mar 07
Dividend increased to NT$6.00 Dividend of NT$6.00 is 33% higher than last year. Ex-date: 20th March 2025 Payment date: 28th May 2025 Dividend yield will be 2.8%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (69% earnings payout ratio) and cash flows (88% cash payout ratio). The dividend has increased by an average of 50% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 1.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 17
Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2024 results: EPS: NT$2.30 (down from NT$3.06 in 3Q 2023). Revenue: NT$307.0m (down 17% from 3Q 2023). Net income: NT$69.0m (down 17% from 3Q 2023). Profit margin: 23% (in line with 3Q 2023). Revenue missed analyst estimates by 2.2%. Earnings per share (EPS) exceeded analyst estimates by 26%. Revenue is forecast to grow 6.3% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Semiconductor industry in Taiwan. Reported Earnings • Aug 08
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: NT$1.86 (down from NT$2.95 in 2Q 2023). Revenue: NT$361.8m (up 3.1% from 2Q 2023). Net income: NT$53.8m (down 33% from 2Q 2023). Profit margin: 15% (down from 23% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 77%. Earnings per share (EPS) also missed analyst estimates by 79%. Revenue is forecast to grow 3.1% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$224, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past year. Buy Or Sell Opportunity • Jul 18
Now 25% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.7% to NT$289. The fair value is estimated to be NT$386, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.8% over the last year. Earnings per share has declined by 15%. Revenue is forecast to grow by 374% in a year. Earnings are forecast to grow by 377% in the next year. Valuation Update With 7 Day Price Move • Jul 09
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$317, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 24x in the Semiconductor industry in Taiwan. Total returns to shareholders of 1.7% over the past year. Reported Earnings • May 11
First quarter 2024 earnings: EPS and revenues miss analyst expectations First quarter 2024 results: EPS: NT$1.87 (down from NT$1.90 in 1Q 2023). Revenue: NT$331.4m (up 13% from 1Q 2023). Net income: NT$51.1m (down 1.4% from 1Q 2023). Profit margin: 15% (down from 18% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 78%. Earnings per share (EPS) also missed analyst estimates by 75%. Revenue is forecast to grow 58% p.a. on average during the next 2 years, compared to a 16% growth forecast for the Semiconductor industry in Taiwan. Annonce • Mar 30
Gudeng Equipment Co., LTD. has filed a Follow-on Equity Offering in the amount of TWD 27.17 million. Gudeng Equipment Co., LTD. has filed a Follow-on Equity Offering in the amount of TWD 27.17 million.
Security Name: Shares
Security Type: Common Stock
Securities Offered: 126,372
Price\Range: TWD 215
Transaction Features: Subsequent Direct Listing Reported Earnings • Mar 17
Full year 2023 earnings released: EPS: NT$8.36 (vs NT$9.84 in FY 2022) Full year 2023 results: EPS: NT$8.36. Revenue: NT$1.21b (up 15% from FY 2022). Net income: NT$228.2m (up 12% from FY 2022). Profit margin: 19% (in line with FY 2022). Annonce • Mar 07
Gudeng Equipment Co., LTD., Annual General Meeting, May 22, 2024 Gudeng Equipment Co., LTD., Annual General Meeting, May 22, 2024. Reported Earnings • Dec 28
Third quarter 2023 earnings released Third quarter 2023 results: EPS: NT$3.06. Net income: NT$83.5m (up NT$83.5m from 3Q 2022). Buying Opportunity • Dec 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.0%. The fair value is estimated to be NT$291, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last year. Earnings per share has grown by 42%. New Risk • Nov 09
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 5.6% 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. This is currently the only risk that has been identified for the company. Buying Opportunity • Sep 26
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 22%. The fair value is estimated to be NT$289, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 55% over the last year. Earnings per share has grown by 42%. Valuation Update With 7 Day Price Move • Aug 17
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$228, the stock trades at a trailing P/E ratio of 23.6x. Average trailing P/E is 17x in the Machinery industry in Taiwan. 
