Reported Earnings • Mar 13
Full year 2025 earnings released: EPS: NT$13.46 (vs NT$11.01 in FY 2024) Full year 2025 results: EPS: NT$13.46 (up from NT$11.01 in FY 2024). Revenue: NT$1.70b (up 10.0% from FY 2024). Net income: NT$379.8m (up 22% from FY 2024). Profit margin: 22% (up from 20% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 10% per year. Annonce • Mar 09
Solidwizard Technology Co., Ltd., Annual General Meeting, May 29, 2026 Solidwizard Technology Co., Ltd., Annual General Meeting, May 29, 2026, at 09:30 Taipei Standard Time. Location: 5-3 floor no,28 ln.78, hsing ai rd., neihu district, taipei city Taiwan Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$29.90 (vs NT$1.81 in 3Q 2024) Third quarter 2025 results: EPS: NT$29.90 (up from NT$1.81 in 3Q 2024). Revenue: NT$402.1m (up 34% from 3Q 2024). Net income: NT$84.5m (up 66% from 3Q 2024). Profit margin: 21% (up from 17% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth. Buy Or Sell Opportunity • Nov 05
Now 20% undervalued Over the last 90 days, the stock has risen 5.2% to NT$173. The fair value is estimated to be NT$217, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Sep 03
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.7% to NT$169. The fair value is estimated to be NT$211, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years, while earnings per share has been flat. Buy Or Sell Opportunity • Aug 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.3% to NT$167. The fair value is estimated to be NT$209, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years, while earnings per share has been flat. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: NT$2.53 (vs NT$2.64 in 2Q 2024) Second quarter 2025 results: EPS: NT$2.53 (down from NT$2.64 in 2Q 2024). Revenue: NT$370.3m (up 10% from 2Q 2024). Net income: NT$71.2m (down 4.2% from 2Q 2024). Profit margin: 19% (down from 22% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Declared Dividend • May 31
Dividend of NT$8.00 announced Dividend of NT$8.00 is the same as last year. Ex-date: 17th June 2025 Payment date: 8th July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by earnings (69% earnings payout ratio) but not adequately covered by cash flows (95% cash payout ratio). The dividend has increased by an average of 4.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.4% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annonce • May 30
Solidwizard Technology Co., Ltd. Approves Dividend, Payable on July 8, 2025 Solidwizard Technology Co., Ltd. approved dividend of TWD 225685680 (TWD 8 per share). Ex-rights (Ex-dividend) date is June 17, 2025. Ex-rights (Ex-dividend) record date is June 23, 2025. Payment date of cash dividend distribution is July 8, 2025. Reported Earnings • May 19
First quarter 2025 earnings released: EPS: NT$2.82 (vs NT$2.23 in 1Q 2024) First quarter 2025 results: EPS: NT$2.82 (up from NT$2.23 in 1Q 2024). Revenue: NT$396.1m (up 1.4% from 1Q 2024). Net income: NT$79.7m (up 27% from 1Q 2024). Profit margin: 20% (up from 16% in 1Q 2024). The increase in margin was primarily driven by lower expenses. 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 9% per year, which means it is well ahead of earnings. Annonce • Apr 29
Solidwizard Technology Co., Ltd. to Report Q1, 2025 Results on May 06, 2025 Solidwizard Technology Co., Ltd. announced that they will report Q1, 2025 results on May 06, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$136, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 19x in the Software industry in Taiwan. Total returns to shareholders of 23% over the past three years. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$11.01 (vs NT$10.23 in FY 2023) Full year 2024 results: EPS: NT$11.01 (up from NT$10.23 in FY 2023). Revenue: NT$1.54b (up 6.5% from FY 2023). Net income: NT$310.5m (up 7.6% from FY 2023). Profit margin: 20% (in line with FY 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Annonce • Mar 11
Solidwizard Technology Co., Ltd., Annual General Meeting, May 29, 2025 Solidwizard Technology Co., Ltd., Annual General Meeting, May 29, 2025, at 09:30 Taipei Standard Time. Location: 5-3 floor no,28 ln.78, hsing ai rd., neihu district, taipei city Taiwan Annonce • Feb 28
Solidwizard Technology Co., Ltd. to Report Fiscal Year 2024 Results on Mar 07, 2025 Solidwizard Technology Co., Ltd. announced that they will report fiscal year 2024 results on Mar 07, 2025 Board Change • Dec 06
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. 5 experienced directors. No highly experienced directors. Chairman Jianxing Li was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.81 (vs NT$1.43 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.81 (up from NT$1.43 in 3Q 2023). Revenue: NT$300.2m (flat on 3Q 2023). Net income: NT$51.0m (up 26% from 3Q 2023). Profit margin: 17% (up from 13% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Annonce • Nov 01
Solidwizard Technology Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024 Solidwizard Technology Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024 New Risk • Aug 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 32% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (32% accrual ratio). Minor Risk Dividend is not well covered by cash flows (100% cash payout ratio). Buy Or Sell Opportunity • Aug 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.9% to NT$157. The fair value is estimated to be NT$197, 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, while earnings per share has been flat. Annonce • Aug 03
Solidwizard Technology Co., Ltd. Resolves to Set Up Sustainable Development Committee Solidwizard Technology Co., Ltd. announced that the Board of Directors resolved to set up Sustainable Development Committee. Date of occurrence of the change: August 2, 2024. Name of the functional committees: Sustainable Development Committee. Name and resume of the new position holder: Chien-Hsing Li- Director/Chairman of SWTC; Tai-Yuan Hsu-Director/General Manager of SWTC; Tai-Yang Liu-Independent Director of SWTC; Shun-Fa Chen-Independent Director of SWTC; Hui-Ling Tsai-GIndependent Director of SWTC. Reason for the change: new appointment. The term of the members of the Sustainable Development Committee is the same as the term of the ninth session of the Board of Directors of the Company. Annonce • Jul 26
Solidwizard Technology Co., Ltd. to Report Q2, 2024 Results on Aug 02, 2024 Solidwizard Technology Co., Ltd. announced that they will report Q2, 2024 results on Aug 02, 2024 New Risk • Jun 18
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 6.5% 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. Valuation Update With 7 Day Price Move • Jun 04
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$184, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 27x in the Software industry in Taiwan. Total returns to shareholders of 85% over the past three years. Declared Dividend • Jun 01
Dividend of NT$8.00 announced Dividend of NT$8.00 is the same as last year. Ex-date: 18th June 2024 Payment date: 8th July 2024 Dividend yield will be 5.2%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (73% cash payout ratio). The dividend has increased by an average of 5.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 3.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$2.23 (vs NT$2.13 in 1Q 2023) First quarter 2024 results: EPS: NT$2.23 (up from NT$2.13 in 1Q 2023). Revenue: NT$390.6m (up 25% from 1Q 2023). Net income: NT$63.0m (up 5.1% from 1Q 2023). Profit margin: 16% (down from 19% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annonce • May 02
Solidwizard Technology Co., Ltd. to Report Q1, 2024 Results on May 07, 2024 Solidwizard Technology Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024 Reported Earnings • Mar 24
Full year 2023 earnings released: EPS: NT$10.23 (vs NT$10.85 in FY 2022) Full year 2023 results: EPS: NT$10.23 (down from NT$10.85 in FY 2022). Revenue: NT$1.45b (up 3.8% from FY 2022). Net income: NT$288.6m (down 5.7% from FY 2022). Profit margin: 20% (down from 22% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Annonce • Mar 09
Solidwizard Technology Co., Ltd., Annual General Meeting, May 30, 2024 Solidwizard Technology Co., Ltd., Annual General Meeting, May 30, 2024. Location: 5F-5,No.28,Lane 78,Xing-Ai Rd Neihu District Taipei Taiwan Agenda: To consider Reported matters; to consider Business Report of 2023; to consider Inspection Report of Audit Committee of 2023; to consider Compensation Distribution for Employees of 2023; to consider Amendment to the. Annonce • Nov 09
Solidwizard Technology Co., Ltd. Announces Appointment of Shih Chang, Chang as Chief Information Security Officer Solidwizard Technology Co., Ltd. announced appointment of SHIH CHANG, CHANG as chief information security officer. Effective date is November 8, 2023. Reported Earnings • Aug 11
Second quarter 2023 earnings released: EPS: NT$2.81 (vs NT$2.21 in 2Q 2022) Second quarter 2023 results: EPS: NT$2.81 (up from NT$2.21 in 2Q 2022). Revenue: NT$357.1m (up 7.2% from 2Q 2022). Net income: NT$79.2m (up 27% from 2Q 2022). Profit margin: 22% (up from 19% in 2Q 2022). 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 whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Jun 08
Upcoming dividend of NT$8.00 per share at 5.5% yield Eligible shareholders must have bought the stock before 15 June 2023. Payment date: 07 July 2023. Payout ratio and cash payout ratio are on the higher end at 76% and 85% respectively. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (2.4%). Annonce • May 10
Solidwizard Technology Co., Ltd. Appoints Tai Yuan, Hsu as Corporate Governance Office Solidwizard Technology Co., Ltd. appointed TAI YUAN, HSU /General Manager, Spokesperson as corporate governance officer. Effective date: May 9, 2023. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$145, the stock trades at a trailing P/E ratio of 13.4x. Average trailing P/E is 20x in the Software industry in Taiwan. Total returns to shareholders of 58% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: NT$1.96 (vs NT$2.50 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.96 (down from NT$2.50 in 3Q 2021). Revenue: NT$281.1m (down 10% from 3Q 2021). Net income: NT$55.4m (down 22% from 3Q 2021). Profit margin: 20% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% 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 • Nov 13
Third quarter 2022 earnings released: EPS: NT$1.96 (vs NT$2.50 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.96 (down from NT$2.50 in 3Q 2021). Revenue: NT$281.1m (down 10% from 3Q 2021). Net income: NT$55.4m (down 22% from 3Q 2021). Profit margin: 20% (down from 23% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 8% 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$2.21 (vs NT$2.69 in 2Q 2021) Second quarter 2022 results: EPS: NT$2.21 (down from NT$2.69 in 2Q 2021). Revenue: NT$333.0m (flat on 2Q 2021). Net income: NT$62.4m (down 18% from 2Q 2021). Profit margin: 19% (down from 23% in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 09
Upcoming dividend of NT$8.00 per share Eligible shareholders must have bought the stock before 16 June 2022. Payment date: 06 July 2022. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 6.0%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (2.8%). Annonce • May 31
Solidwizard Technology Co., Ltd. Announces Dividend, Payable on July 6, 2022 Solidwizard Technology Co., Ltd. announced dividend of TWD 8 per share. Ex-rights (Ex-dividend) date: June 06, 2022. Last date before book closure: June 17, 2022. Payment date of cash dividend distribution: July 6, 2022. Reported Earnings • Nov 15
Third quarter 2021 earnings released: EPS NT$2.50 (vs NT$2.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$313.9m (up 5.7% from 3Q 2020). Net income: NT$70.7m (up 11% from 3Q 2020). Profit margin: 23% (up from 22% 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 whereas the company’s share price has increased by 1% per year. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$2.69 (vs NT$2.15 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$333.5m (up 23% from 2Q 2020). Net income: NT$75.8m (up 25% from 2Q 2020). Profit margin: 23% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Upcoming Dividend • Jul 26
Upcoming dividend of NT$7.00 per share Eligible shareholders must have bought the stock before 02 August 2021. Payment date: 27 August 2021. Trailing yield: 5.5%. Within top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%). Reported Earnings • Mar 20
Full year 2020 earnings released: EPS NT$9.95 (vs NT$9.44 in FY 2019) The company reported a solid full year result with improved earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.29b (up 4.9% from FY 2019). Net income: NT$280.7m (up 5.4% from FY 2019). Profit margin: 22% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has remained flat. Annonce • Mar 10
Solidwizard Technology Co., Ltd., Annual General Meeting, May 25, 2021 Solidwizard Technology Co., Ltd., Annual General Meeting, May 25, 2021. Location: 5F-5,No.28,Lane 78,Xing-Ai Rd.,Neihu District Taipei Taiwan Agenda: To consider business report of 2020; to consider Inspection Report of Audit Committee of 2020; to consider Compensation Distribution for Employees of 2020; to consider amendment to the guidelines for the ethical conduct; and to consider other matters. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improved over the past week After last week's 18% share price gain to NT$136, the stock is trading at a trailing P/E ratio of 13.9x, up from the previous P/E ratio of 11.8x. This compares to an average P/E of 16x in the Software industry in Taiwan. Total returns to shareholders over the past three years are 66%. Is New 90 Day High Low • Jan 06
New 90-day high: NT$127 The company is up 20% from its price of NT$106 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is flat over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$2.26 The company reported a poor third quarter result with weaker earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: NT$296.8m (flat on 3Q 2019). Net income: NT$63.7m (down 7.4% from 3Q 2019). Profit margin: 22% (down from 23% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year. Is New 90 Day High Low • Nov 03
New 90-day high: NT$114 The company is up 3.0% from its price of NT$111 on 05 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Software industry, which is down 11% over the same period.