Reported Earnings • May 05
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.52 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00 (up from NT$0.52 in 1Q 2025). Revenue: NT$343.5m (up 11% from 1Q 2025). Net income: NT$42.8m (up 94% from 1Q 2025). Profit margin: 13% (up from 7.1% in 1Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Annonce • Feb 25
Litemax Electronics Inc., Annual General Meeting, May 27, 2026 Litemax Electronics Inc., Annual General Meeting, May 27, 2026. Location: 9 floor no,135 ln.235, pao ch`iao rd., sindian district, new taipei city Taiwan Reported Earnings • Feb 25
Full year 2025 earnings released: EPS: NT$2.25 (vs NT$4.53 in FY 2024) Full year 2025 results: EPS: NT$2.25 (down from NT$4.53 in FY 2024). Revenue: NT$1.29b (down 7.3% from FY 2024). Net income: NT$95.4m (down 50% from FY 2024). Profit margin: 7.4% (down from 14% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$1.30 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.49 (down from NT$1.30 in 3Q 2024). Revenue: NT$295.7m (down 25% from 3Q 2024). Net income: NT$20.8m (down 62% from 3Q 2024). Profit margin: 7.0% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. 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 6% per year, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2025 earnings released: EPS: NT$0.01 (vs NT$1.40 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.01 (down from NT$1.40 in 2Q 2024). Revenue: NT$326.6m (down 9.7% from 2Q 2024). Net income: NT$607.0k (down 99% from 2Q 2024). Profit margin: 0.2% (down from 16% in 2Q 2024). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Declared Dividend • May 10
Dividend increased to NT$4.00 Dividend of NT$4.00 is 25% higher than last year. Ex-date: 28th May 2025 Payment date: 20th June 2025 Dividend yield will be 6.8%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not adequately covered by earnings (99% earnings payout ratio) nor is it covered by cash flows (159% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 10% to bring the payout ratio under control, which is more than the 1.6% EPS growth achieved over the last 5 years. Reported Earnings • May 05
First quarter 2025 earnings released: EPS: NT$0.52 (vs NT$1.01 in 1Q 2024) First quarter 2025 results: EPS: NT$0.52 (down from NT$1.01 in 1Q 2024). Revenue: NT$310.5m (up 5.4% from 1Q 2024). Net income: NT$22.1m (down 48% from 1Q 2024). Profit margin: 7.1% (down from 14% in 1Q 2024). 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 12% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$55.40, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 60% over the past three years. Reported Earnings • Mar 12
Full year 2024 earnings released: EPS: NT$4.53 (vs NT$3.61 in FY 2023) Full year 2024 results: EPS: NT$4.53 (up from NT$3.61 in FY 2023). Revenue: NT$1.39b (up 14% from FY 2023). Net income: NT$191.1m (up 26% from FY 2023). Profit margin: 14% (up from 12% 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 5% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Feb 21
Litemax Electronics Inc., Annual General Meeting, May 28, 2025 Litemax Electronics Inc., Annual General Meeting, May 28, 2025. Location: 9 floor no,135 ln.235, pao ch`iao rd., sindian district, new taipei city Taiwan Buy Or Sell Opportunity • Feb 13
Now 20% overvalued Over the last 90 days, the stock has fallen 1.2% to NT$72.50. The fair value is estimated to be NT$60.38, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 12%. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.30 (vs NT$1.11 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.30 (up from NT$1.11 in 3Q 2023). Revenue: NT$395.8m (up 28% from 3Q 2023). Net income: NT$55.0m (up 18% from 3Q 2023). Profit margin: 14% (down from 15% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.40 (vs NT$0.78 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.40 (up from NT$0.78 in 2Q 2023). Revenue: NT$361.9m (up 27% from 2Q 2023). Net income: NT$58.9m (up 79% from 2Q 2023). Profit margin: 16% (up from 12% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$65.40, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 25x in the Electronic industry in Taiwan. Total returns to shareholders of 134% over the past three years. Upcoming Dividend • May 31
Upcoming dividend of NT$3.20 per share Eligible shareholders must have bought the stock before 07 June 2024. Payment date: 28 June 2024. Payout ratio and cash payout ratio are on the higher end at 82% and 82% respectively. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.8%). Reported Earnings • May 14
First quarter 2024 earnings released: EPS: NT$1.01 (vs NT$0.73 in 1Q 2023) First quarter 2024 results: EPS: NT$1.01 (up from NT$0.73 in 1Q 2023). Revenue: NT$294.5m (down 1.6% from 1Q 2023). Net income: NT$42.7m (up 39% from 1Q 2023). Profit margin: 14% (up from 10% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 09
Full year 2023 earnings released: EPS: NT$3.61 (vs NT$5.02 in FY 2022) Full year 2023 results: EPS: NT$3.61 (down from NT$5.02 in FY 2022). Revenue: NT$1.22b (down 11% from FY 2022). Net income: NT$151.6m (down 28% from FY 2022). Profit margin: 12% (down from 15% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% 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 • Nov 08
Third quarter 2023 earnings released: EPS: NT$1.11 (vs NT$1.42 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.11 (down from NT$1.42 in 3Q 2022). Revenue: NT$308.5m (up 11% from 3Q 2022). Net income: NT$46.6m (down 22% from 3Q 2022). Profit margin: 15% (down from 21% in 3Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Sep 21
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 4.7%. The fair value is estimated to be NT$55.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 33%. Buying Opportunity • Sep 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 5.1%. The fair value is estimated to be NT$55.60, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 33%. Buying Opportunity • Aug 18
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be NT$55.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 33%. Reported Earnings • Aug 08
Second quarter 2023 earnings released: EPS: NT$0.78 (vs NT$1.47 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.78 (down from NT$1.47 in 2Q 2022). Revenue: NT$284.8m (down 26% from 2Q 2022). Net income: NT$32.9m (down 47% from 2Q 2022). Profit margin: 12% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 24
Upcoming dividend of NT$4.20 per share at 8.2% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 21 June 2023. Payout ratio is on the higher end at 84%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.4%). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$54.30, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 66% over the past three years. Reported Earnings • Mar 09
Full year 2022 earnings released: EPS: NT$5.02 (vs NT$2.68 in FY 2021) Full year 2022 results: EPS: NT$5.02 (up from NT$2.68 in FY 2021). Revenue: NT$1.37b (up 13% from FY 2021). Net income: NT$210.2m (up 88% from FY 2021). Profit margin: 15% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$46.40, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 18% over the past three years. Board Change • Nov 16
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 (6 non-independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Third quarter 2022 earnings released: EPS: NT$1.42 (vs NT$0.70 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.42 (up from NT$0.70 in 3Q 2021). Revenue: NT$279.2m (down 15% from 3Q 2021). Net income: NT$59.6m (up 103% from 3Q 2021). Profit margin: 21% (up from 8.9% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 04
Second quarter 2022 earnings released: EPS: NT$1.47 (vs NT$0.48 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.47 (up from NT$0.48 in 2Q 2021). Revenue: NT$383.7m (up 33% from 2Q 2021). Net income: NT$61.6m (up 207% from 2Q 2021). Profit margin: 16% (up from 7.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • May 25
Upcoming dividend of NT$2.50 per share Eligible shareholders must have bought the stock before 01 June 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 72% but the company is not cash flow positive. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (4.3%). Reported Earnings • May 02
First quarter 2022 earnings released: EPS: NT$1.04 (vs NT$0.24 in 1Q 2021) First quarter 2022 results: EPS: NT$1.04 (up from NT$0.24 in 1Q 2021). Revenue: NT$376.0m (up 64% from 1Q 2021). Net income: NT$43.5m (up 337% from 1Q 2021). Profit margin: 12% (up from 4.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Board Change • Apr 27
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 (6 non-independent 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: Minority of independent directors. Insufficient board refreshment. Annonce • Mar 06
Litemax Electronics Inc., Annual General Meeting, May 26, 2022 Litemax Electronics Inc., Annual General Meeting, May 26, 2022. Reported Earnings • Feb 24
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: NT$2.68 (up from NT$1.66 in FY 2020). Revenue: NT$1.21b (up 25% from FY 2020). Net income: NT$112.1m (up 62% from FY 2020). Profit margin: 9.3% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 23%. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS NT$0.70 (vs NT$0.21 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$328.5m (up 62% from 3Q 2020). Net income: NT$29.3m (up 231% from 3Q 2020). Profit margin: 8.9% (up from 4.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Reported Earnings • Aug 05
Second quarter 2021 earnings released: EPS NT$0.48 (vs NT$0.57 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$288.1m (up 12% from 2Q 2020). Net income: NT$20.0m (down 16% from 2Q 2020). Profit margin: 7.0% (down from 9.3% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 03
Upcoming dividend of NT$1.80 per share Eligible shareholders must have bought the stock before 10 June 2021. Payment date: 29 June 2021. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.1%). Reported Earnings • May 04
First quarter 2021 earnings released: EPS NT$0.24 (vs NT$0.61 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$229.3m (down 16% from 1Q 2020). Net income: NT$9.95m (down 61% from 1Q 2020). Profit margin: 4.3% (down from 9.4% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 1% per year. Annonce • Mar 17
Litemax Electronics Inc., Annual General Meeting, Jun 10, 2021 Litemax Electronics Inc., Annual General Meeting, Jun 10, 2021. Reported Earnings • Mar 11
Full year 2020 earnings released: EPS NT$1.66 (vs NT$4.14 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$963.2m (down 27% from FY 2019). Net income: NT$69.2m (down 60% from FY 2019). Profit margin: 7.2% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 03
New 90-day low: NT$36.60 The company is down 6.0% from its price of NT$39.05 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 19% over the same period. Reported Earnings • Feb 24
Full year 2020 earnings released: EPS NT$1.66 (vs NT$4.14 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$963.2m (down 27% from FY 2019). Net income: NT$69.2m (down 60% from FY 2019). Profit margin: 7.2% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Jan 20
New 90-day low: NT$37.30 The company is down 7.0% from its price of NT$39.95 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 23
New 90-day low: NT$37.80 The company is down 6.0% from its price of NT$40.20 on 24 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: NT$38.75 The company is down 2.0% from its price of NT$39.50 on 09 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 12% over the same period. Reported Earnings • Nov 01
Third quarter earnings released Over the last 12 months the company has reported total profits of NT$107.2m, down 39% from the prior year. Total revenue was NT$1.10b over the last 12 months, down 16% from the prior year.