Reported Earnings • Mar 14
Full year 2025 earnings released: EPS: NT$1.63 (vs NT$3.67 in FY 2024) Full year 2025 results: EPS: NT$1.63 (down from NT$3.67 in FY 2024). Revenue: NT$490.3m (down 1.7% from FY 2024). Net income: NT$49.7m (down 56% from FY 2024). Profit margin: 10% (down from 23% in FY 2024). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Annonce • Mar 12
BASO Precision Optics Co., LTD, Annual General Meeting, Jun 12, 2026 BASO Precision Optics Co., LTD, Annual General Meeting, Jun 12, 2026. Location: no,14, chien kuo rd., tanzih district, taichung city Taiwan Board Change • Feb 24
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. 5 experienced directors. No highly experienced directors. 2 independent directors (3 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. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$76.50, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 48% over the past three years. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$69.20, the stock trades at a trailing P/E ratio of 41.9x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 26% over the past three years. Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: NT$0.42 (vs NT$0.69 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.42 (down from NT$0.69 in 3Q 2024). Revenue: NT$83.7m (down 41% from 3Q 2024). Net income: NT$12.9m (down 39% from 3Q 2024). Profit margin: 15% (in line with 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 21% 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 18
Second quarter 2025 earnings released: NT$0.58 loss per share (vs NT$0.72 profit in 2Q 2024) Second quarter 2025 results: NT$0.58 loss per share (down from NT$0.72 profit in 2Q 2024). Revenue: NT$134.7m (up 35% from 2Q 2024). Net loss: NT$17.7m (down 180% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. Declared Dividend • Jul 12
Dividend of NT$1.50 announced Dividend of NT$1.50 is the same as last year. Ex-date: 25th July 2025 Payment date: 22nd August 2025 Dividend yield will be 2.2%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (61% cash payout ratio). The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 47% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Valuation Update With 7 Day Price Move • May 26
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to NT$79.50, the stock trades at a trailing P/E ratio of 24.7x. Average trailing P/E is 19x in the Tech industry in Taiwan. Total returns to shareholders of 170% over the past three years. Reported Earnings • May 19
First quarter 2025 earnings released: EPS: NT$0.80 (vs NT$1.25 in 1Q 2024) First quarter 2025 results: EPS: NT$0.80 (down from NT$1.25 in 1Q 2024). Revenue: NT$129.4m (flat on 1Q 2024). Net income: NT$24.6m (down 36% from 1Q 2024). Profit margin: 19% (down from 30% in 1Q 2024). 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 27% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$69.40, the stock trades at a trailing P/E ratio of 18.9x. Average trailing P/E is 17x in the Tech industry in Taiwan. Total returns to shareholders of 138% over the past three years. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to NT$80.60, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 18x in the Tech industry in Taiwan. Total returns to shareholders of 178% over the past three years. Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$3.67 (vs NT$3.88 in FY 2023) Full year 2024 results: EPS: NT$3.67 (down from NT$3.88 in FY 2023). Revenue: NT$499.0m (down 2.9% from FY 2023). Net income: NT$112.1m (down 5.6% from FY 2023). Profit margin: 23% (in line with FY 2023). 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 40% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$77.60, the stock trades at a trailing P/E ratio of 24.2x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total returns to shareholders of 143% over the past three years. Annonce • Mar 12
BASO Precision Optics Co., LTD, Annual General Meeting, Jun 10, 2025 BASO Precision Optics Co., LTD, Annual General Meeting, Jun 10, 2025. Location: no,14, chien kuo rd., tanzih district, taichung city Taiwan Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$74.50, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 21x in the Tech industry in Taiwan. Total returns to shareholders of 150% over the past three years. New Risk • Dec 02
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.0% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). High level of non-cash earnings (26% accrual ratio). Minor Risks Dividend is not well covered by cash flows (134% cash payout ratio). Market cap is less than US$100m (NT$2.15b market cap, or US$66.1m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$1.26 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.69 (down from NT$1.26 in 3Q 2023). Revenue: NT$141.2m (up 13% from 3Q 2023). Net income: NT$21.0m (down 45% from 3Q 2023). Profit margin: 15% (down from 31% 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 13% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Sep 23
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 7.7% 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: Major Risk High level of non-cash earnings (34% accrual ratio). Minor Risks Dividend is not well covered by cash flows (91% cash payout ratio). Share price has been volatile over the past 3 months (7.7% average weekly change). Market cap is less than US$100m (NT$2.69b market cap, or US$84.0m). Valuation Update With 7 Day Price Move • Sep 12
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$71.90, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total loss to shareholders of 9.5% over the past year. Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.72 (vs NT$0.78 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.72 (down from NT$0.78 in 2Q 2023). Revenue: NT$100.1m (down 6.8% from 2Q 2023). Net income: NT$22.0m (down 7.8% from 2Q 2023). Profit margin: 22% (in line with 2Q 2023). Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$56.30, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 20x in the Tech industry in Taiwan. Total loss to shareholders of 30% over the past year. Upcoming Dividend • Jul 18
Upcoming dividend of NT$1.50 per share Eligible shareholders must have bought the stock before 25 July 2024. Payment date: 23 August 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.9%). Reported Earnings • May 20
First quarter 2024 earnings released: EPS: NT$1.25 (vs NT$1.30 in 1Q 2023) First quarter 2024 results: EPS: NT$1.25 (down from NT$1.30 in 1Q 2023). Revenue: NT$129.2m (down 18% from 1Q 2023). Net income: NT$38.3m (down 3.4% from 1Q 2023). Profit margin: 30% (up from 25% in 1Q 2023). The increase in margin was driven by lower expenses. New Risk • Mar 27
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: Major Risk High level of non-cash earnings (29% accrual ratio). 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$2.62b market cap, or US$82.1m). Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$89.10, the stock trades at a trailing P/E ratio of 23x. Average trailing P/E is 25x in the Tech industry in Taiwan. Total loss to shareholders of 12% over the past year. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: NT$3.88 (vs NT$3.80 in FY 2022) Full year 2023 results: EPS: NT$3.88 (up from NT$3.80 in FY 2022). Revenue: NT$513.7m (down 6.8% from FY 2022). Net income: NT$118.7m (up 11% from FY 2022). Profit margin: 23% (up from 19% in FY 2022). The increase in margin was driven by lower expenses. Annonce • Mar 16
BASO Precision Optics Co., LTD, Annual General Meeting, Jun 07, 2024 BASO Precision Optics Co., LTD, Annual General Meeting, Jun 07, 2024. Valuation Update With 7 Day Price Move • Nov 20
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$81.40, the stock trades at a trailing P/E ratio of 20.3x. Average trailing P/E is 19x in the Electronic industry in Taiwan. Total returns to shareholders of 72% over the past year. Reported Earnings • Nov 15
Third quarter 2023 earnings released: EPS: NT$1.26 (vs NT$1.20 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.26 (up from NT$1.20 in 3Q 2022). Revenue: NT$125.0m (down 8.8% from 3Q 2022). Net income: NT$38.4m (up 14% from 3Q 2022). Profit margin: 31% (up from 25% in 3Q 2022). The increase in margin was driven by lower expenses. New Risk • Aug 13
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 29% 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 Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (29% accrual ratio). Minor Risks Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Market cap is less than US$100m (NT$2.46b market cap, or US$77.1m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$0.78 (vs NT$1.02 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.78 (down from NT$1.02 in 2Q 2022). Revenue: NT$107.4m (down 25% from 2Q 2022). Net income: NT$23.9m (down 16% from 2Q 2022). Profit margin: 22% (up from 20% in 2Q 2022). The increase in margin was driven by lower expenses. Buying Opportunity • Jul 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 44%. The fair value is estimated to be NT$108, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 69%. Upcoming Dividend • Jul 19
Upcoming dividend of NT$1.20 per share at 1.3% yield Eligible shareholders must have bought the stock before 26 July 2023. Payment date: 23 August 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (4.1%). New Risk • Jun 27
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.00b (US$96.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (13% average weekly change). Minor Risks Shareholders have been diluted in the past year (9.4% increase in shares outstanding). Market cap is less than US$100m (NT$3.00b market cap, or US$96.7m). Valuation Update With 7 Day Price Move • Jun 13
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to NT$109, the stock trades at a trailing P/E ratio of 27.2x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 270% over the past year. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$159, the stock trades at a trailing P/E ratio of 45.4x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 437% over the past year. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$170, the stock trades at a trailing P/E ratio of 48.7x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 440% over the past year. Reported Earnings • Mar 31
Full year 2022 earnings released Full year 2022 results: Revenue: NT$551.3m (up 26% from FY 2021). Net income: NT$106.7m (up 75% from FY 2021). Profit margin: 19% (up from 14% in FY 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Mar 28
Investor sentiment improves as stock rises 47% After last week's 47% share price gain to NT$112, the stock trades at a trailing P/E ratio of 27.6x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 255% over the past year. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$68.70, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total returns to shareholders of 118% over the past year. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$62.90, the stock trades at a trailing P/E ratio of 15.5x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 103% over the past year. Valuation Update With 7 Day Price Move • Dec 30
Investor sentiment deteriorated over the past week After last week's 16% share price decline to NT$58.40, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 89% over the past year. Valuation Update With 7 Day Price Move • Dec 15
Investor sentiment improved over the past week After last week's 26% share price gain to NT$64.00, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 11x in the Electronic industry in Taiwan. Total returns to shareholders of 247% over the past year. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$1.20 (vs NT$1.11 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.20 (up from NT$1.11 in 3Q 2021). Revenue: NT$137.0m (up 11% from 3Q 2021). Net income: NT$33.5m (up 8.3% from 3Q 2021). Profit margin: 25% (in line with 3Q 2021). Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 19% share price gain to NT$45.95, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 25% share price gain to NT$42.15, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Reported Earnings • Jul 26
First quarter 2022 earnings released: EPS: NT$0.85 (vs NT$0.019 loss in 1Q 2021) First quarter 2022 results: EPS: NT$0.85 (up from NT$0.019 loss in 1Q 2021). Revenue: NT$115.5m (up 20% from 1Q 2021). Net income: NT$23.7m (up NT$24.2m from 1Q 2021). Profit margin: 21% (up from net loss in 1Q 2021). The move to profitability was primarily driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment improved over the past week After last week's 20% share price gain to NT$30.90, the stock trades at a trailing P/E ratio of 14.2x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Upcoming Dividend • Jun 21
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 28 June 2022. Payment date: 14 July 2022. Trailing yield: 1.7%. Lower than top quartile of Taiwanese dividend payers (6.3%). Lower than average of industry peers (4.6%). Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: NT$2.39 (vs NT$1.31 in FY 2020) Full year 2021 results: EPS: NT$2.39 (up from NT$1.31 in FY 2020). Revenue: NT$459.5m (flat on FY 2020). Net income: NT$66.9m (up 83% from FY 2020). Profit margin: 15% (up from 7.9% in FY 2020). Annonce • Feb 22
BASO Precision Optics Co., LTD, Annual General Meeting, May 09, 2022 BASO Precision Optics Co., LTD, Annual General Meeting, May 09, 2022. Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 20% share price gain to NT$36.00, the stock trades at a trailing P/E ratio of 51.8x. Average trailing P/E is 18x in the Electronic industry in Taiwan. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment improved over the past week After last week's 20% share price gain to NT$22.05, the stock trades at a trailing P/E ratio of 31.8x. Average trailing P/E is 17x in the Electronic industry in Taiwan.