Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$71.20, the stock trades at a trailing P/E ratio of 22.6x. Average trailing P/E is 27x in the Electronic industry in Taiwan. Total returns to shareholders of 170% over the past three years. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$60.20, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 130% over the past three years. New Risk • Mar 25
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 95% The company is paying a dividend despite having no free cash flows. Dividend yield: 5.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. Earnings have declined by 6.3% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Mar 19
Full year 2025 earnings released: EPS: NT$3.15 (vs NT$2.08 in FY 2024) Full year 2025 results: EPS: NT$3.15 (up from NT$2.08 in FY 2024). Revenue: NT$41.5b (up 14% from FY 2024). Net income: NT$747.5m (up 53% from FY 2024). Profit margin: 1.8% (up from 1.3% 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 1% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Annonce • Mar 17
Zenitron Corporation, Annual General Meeting, Jun 12, 2026 Zenitron Corporation, Annual General Meeting, Jun 12, 2026. Location: 8 floor no,8 ln.250, hsin hu 2nd rd., neihu district, taipei city Taiwan Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$56.60, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 118% over the past three years. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$55.30, the stock trades at a trailing P/E ratio of 19.2x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 125% over the past three years. New Risk • Feb 02
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 7.2% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 5.3% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Valuation Update With 7 Day Price Move • Feb 02
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$50.60, the stock trades at a trailing P/E ratio of 17.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 108% over the past three years. Reported Earnings • Nov 13
Third quarter 2025 earnings released: EPS: NT$0.78 (vs NT$0.43 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.78 (up from NT$0.43 in 3Q 2024). Revenue: NT$11.0b (up 15% from 3Q 2024). Net income: NT$186.1m (up 85% from 3Q 2024). Profit margin: 1.7% (up from 1.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Aug 14
Second quarter 2025 earnings released: EPS: NT$0.13 (vs NT$0.43 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.13 (down from NT$0.43 in 2Q 2024). Revenue: NT$10.2b (up 6.3% from 2Q 2024). Net income: NT$29.7m (down 70% from 2Q 2024). Profit margin: 0.3% (down from 1.0% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 2% per year, which means it is well ahead of earnings. New Risk • Aug 14
New major risk - Revenue and earnings growth Earnings have declined by 3.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Earnings have declined by 3.9% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Jul 03
Upcoming dividend of NT$2.10 per share Eligible shareholders must have bought the stock before 10 July 2025. Payment date: 31 July 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 6.1%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.2%). Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$1.09 (vs NT$0.34 in 1Q 2024) First quarter 2025 results: EPS: NT$1.09 (up from NT$0.34 in 1Q 2024). Revenue: NT$9.05b (up 5.7% from 1Q 2024). Net income: NT$258.4m (up 223% from 1Q 2024). Profit margin: 2.9% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annonce • May 01
Zenitron Corporation to Report Q1, 2025 Results on May 08, 2025 Zenitron Corporation announced that they will report Q1, 2025 results on May 08, 2025 Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$28.15, the stock trades at a trailing P/E ratio of 13.7x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 7.9% over the past three years. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: NT$2.08 (vs NT$2.03 in FY 2023) Full year 2024 results: EPS: NT$2.08 (up from NT$2.03 in FY 2023). Revenue: NT$36.4b (up 12% from FY 2023). Net income: NT$489.2m (up 7.3% from FY 2023). Profit margin: 1.3% (down from 1.4% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annonce • Feb 18
Zenitron Corporation to Report Q4, 2024 Results on Feb 25, 2025 Zenitron Corporation announced that they will report Q4, 2024 results on Feb 25, 2025 Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.86 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.43 (down from NT$0.86 in 3Q 2023). Revenue: NT$9.57b (up 5.1% from 3Q 2023). Net income: NT$100.6m (down 49% from 3Q 2023). Profit margin: 1.1% (down from 2.1% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Annonce • Nov 02
Zenitron Corporation to Report Q3, 2024 Results on Nov 11, 2024 Zenitron Corporation announced that they will report Q3, 2024 results on Nov 11, 2024 Upcoming Dividend • Aug 14
Upcoming dividend of NT$1.97 per share Eligible shareholders must have bought the stock before 21 August 2024. Payment date: 10 September 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 5.8%. Within top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.8%). Reported Earnings • Aug 08
Second quarter 2024 earnings released: EPS: NT$0.43 (vs NT$0.52 in 2Q 2023) Second quarter 2024 results: EPS: NT$0.43 (down from NT$0.52 in 2Q 2023). Revenue: NT$9.63b (up 22% from 2Q 2023). Net income: NT$100.3m (down 14% from 2Q 2023). Profit margin: 1.0% (down from 1.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annonce • Aug 07
Zenitron Corporation Announces Modification to Dividend Amount, Payable on September 10, 2024 Zenitron Corporation announced modification to dividend amount. Type and monetary amount of common stock dividend distribution: Original type and amount of dividend: Earnings Distribution of cash dividends: TWD 420,070,115 (TWD 1.8 per share). Cash distribution from capital surplus: TWD 46,674,457 (TWD 0.2 per share). Type and amount of dividend after modification: Earnings Distribution of cash dividends: TWD 420,070,115 (TWD 1.77064577 per share). Cash distribution from capital surplus: TWD 46,674,457 (TWD 0.19673841 per share). Ex-rights (ex-dividend) trading date: August 21, 2024. Ex-rights (ex-dividend) record date: August 27, 2024. Payment date of common stock cash dividend distribution: September 10, 2024. Annonce • Aug 01
Zenitron Corporation Announces Change of Accounting Officer and Corporate Governance Officer Zenitron Corporation announced the Board of Directors Approved the change of Accounting Officer and Corporate Governance Officer. Name, title, and resume of the new position holder: CHEN,JUANG-CHEI/Senior Director/Senior Manager of Deloitte. Type of the change; new replacement. Effective date: July 30, 2024. Annonce • Jul 24
Zenitron Corporation to Report Q2, 2024 Results on Jul 30, 2024 Zenitron Corporation announced that they will report Q2, 2024 results on Jul 30, 2024 Reported Earnings • May 10
First quarter 2024 earnings released: EPS: NT$0.34 (vs NT$0.52 in 1Q 2023) First quarter 2024 results: EPS: NT$0.34 (down from NT$0.52 in 1Q 2023). Revenue: NT$8.57b (up 17% from 1Q 2023). Net income: NT$80.0m (down 30% from 1Q 2023). Profit margin: 0.9% (down from 1.6% 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 19% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Mar 21
Full year 2023 earnings released: EPS: NT$2.03 (vs NT$3.30 in FY 2022) Full year 2023 results: EPS: NT$2.03 (down from NT$3.30 in FY 2022). Revenue: NT$32.6b (down 19% from FY 2022). Net income: NT$456.0m (down 36% from FY 2022). Profit margin: 1.4% (down from 1.8% in FY 2022). The decrease in margin was 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. Reported Earnings • Nov 17
Third quarter 2023 earnings released: EPS: NT$0.86 (vs NT$0.65 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.86 (up from NT$0.65 in 3Q 2022). Revenue: NT$9.11b (up 5.4% from 3Q 2022). Net income: NT$195.4m (up 37% from 3Q 2022). Profit margin: 2.1% (up from 1.6% in 3Q 2022). 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. Annonce • Nov 12
Zenitron Corporation Announces Board Changes Zenitron Corporation announced the appointment of OU YANG,YU-LIEN/chief internal auditor of Test Research Inc. as chief internal auditor. Name, title, and resume of the previous position holder: HSIUNG,TSUNG-CHUN/chief internal auditor of Zenitron. Effective from November 10, 2023. Reported Earnings • Aug 15
Second quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.98 in 2Q 2022) Second quarter 2023 results: EPS: NT$0.52 (down from NT$0.98 in 2Q 2022). Revenue: NT$7.88b (down 26% from 2Q 2022). Net income: NT$116.1m (down 45% from 2Q 2022). Profit margin: 1.5% (down from 2.0% 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 14% per year whereas the company’s share price has increased by 15% per year. Buying Opportunity • Aug 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.0%. The fair value is estimated to be NT$38.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 28%. Upcoming Dividend • Jul 04
Upcoming dividend of NT$2.91 per share at 8.7% yield Eligible shareholders must have bought the stock before 11 July 2023. Payment date: 31 July 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 8.7%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.2%). Annonce • Jun 13
Zenitron Corporation Announces Cash Dividend, Payable on July 31, 2023 Zenitron Corporation announced Total cash dividend of TWD 660,390,126. Ex-rights (ex-dividend) trading date: July 11, 2023; Ex-rights (ex-dividend) record date: July 17, 2023. Payment date of cash dividend distribution: July 31, 2023. Annonce • Jun 11
Zenitron Corporation Appoints Yeh Fu-Ling as Independent Director Zenitron Corporation announced Date of occurrence of the change:2023/06/09, Elected or Changed Position (Please Enter Institutional Director, Institutional Supervisor, Independent Director, Natural-Person Director or Natural-Person Supervisor):Independent Director, Title and name of the new position holder: independent director,YEH,FU-LING, Effective date of the new appointment:2023 June 09. Reported Earnings • May 19
First quarter 2023 earnings released: EPS: NT$0.52 (vs NT$1.10 in 1Q 2022) First quarter 2023 results: EPS: NT$0.52 (down from NT$1.10 in 1Q 2022). Revenue: NT$7.31b (down 39% from 1Q 2022). Net income: NT$113.7m (down 52% from 1Q 2022). Profit margin: 1.6% (down from 2.0% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 28% 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 24
Full year 2022 earnings released: EPS: NT$3.30 (vs NT$4.11 in FY 2021) Full year 2022 results: EPS: NT$3.30 (down from NT$4.11 in FY 2021). Revenue: NT$40.0b (down 4.8% from FY 2021). Net income: NT$714.6m (down 19% from FY 2021). Profit margin: 1.8% (down from 2.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Fu-Long Liao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 16
Second quarter 2022 earnings released: EPS: NT$0.98 (vs NT$1.15 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.98 (down from NT$1.15 in 2Q 2021). Revenue: NT$10.7b (up 3.2% from 2Q 2021). Net income: NT$211.6m (down 14% from 2Q 2021). Profit margin: 2.0% (down from 2.4% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 12
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$26.80, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 56% over the past three years. Upcoming Dividend • Jul 01
Upcoming dividend of NT$3.44 per share Eligible shareholders must have bought the stock before 08 July 2022. Payment date: 29 July 2022. Payout ratio is on the higher end at 81% but the company is not cash flow positive. Trailing yield: 11%. Within top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.7%). Annonce • Jun 15
Zenitron Corporation Declares Common Share Dividend, Payable on July 29, 2022 Zenitron Corporation announced Cash dividend from earnings of TWD 748,387,024 payable on July 29, 2022. Ex-rights (ex-dividend) trading date is July 8, 2022. .Last date before book closure is July 11, 2022. Ex-rights (ex-dividend) record date is July 16, 2022. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 7 non-independent directors. Independent Director Fu-Lung Liao was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 31
Full year 2021 earnings released: EPS: NT$4.10 (vs NT$2.21 in FY 2020) Full year 2021 results: EPS: NT$4.10 (up from NT$2.21 in FY 2020). Revenue: NT$42.0b (up 22% from FY 2020). Net income: NT$877.7m (up 86% from FY 2020). Profit margin: 2.1% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 10
Third quarter 2021 earnings released: EPS NT$1.20 (vs NT$0.69 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$10.9b (up 1.0% from 3Q 2020). Net income: NT$257.1m (up 74% from 3Q 2020). Profit margin: 2.4% (up from 1.4% in 3Q 2020). 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 13% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$0.65 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$10.4b (up 44% from 2Q 2020). Net income: NT$246.0m (up 77% from 2Q 2020). Profit margin: 2.4% (up from 1.9% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 04
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 03
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 03
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Executive Departure • Jul 03
Managing Director of Semiconductor East China Business Group Jung-Hui Yeh has left the company On the 1st of July, Jung-Hui Yeh's tenure as Managing Director of Semiconductor East China Business Group ended after less than a year in the role. We don't have any record of a personal shareholding under Jung-Hui's name. Jung-Hui is the only executive to leave the company over the last 12 months. The current median tenure of the management team is less than a year, which is considered inexperienced in the Simply Wall St Risk Model. Upcoming Dividend • Jul 02
Upcoming dividend of NT$1.90 per share Eligible shareholders must have bought the stock before 08 July 2021. Payment date: 30 July 2021. Trailing yield: 6.4%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.0%). Reported Earnings • May 18
First quarter 2021 earnings released: EPS NT$0.90 (vs NT$0.24 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$10.5b (up 68% from 1Q 2020). Net income: NT$192.6m (up 276% from 1Q 2020). Profit margin: 1.8% (up from 0.8% in 1Q 2020). The increase in margin was driven by higher revenue. 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 5% per year, which means it is well ahead of earnings. Reported Earnings • Apr 01
Full year 2020 earnings released: EPS NT$2.21 (vs NT$1.08 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$34.4b (up 27% from FY 2019). Net income: NT$472.0m (up 105% from FY 2019). Profit margin: 1.4% (up from 0.9% in FY 2019). 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 but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 20
New 90-day high: NT$23.70 The company is up 11% from its price of NT$21.35 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: NT$23.00 The company is up 10.0% from its price of NT$20.90 on 14 October 2020. The Taiwanese market is up 19% 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 • Nov 30
New 90-day high: NT$21.70 The company is up 9.0% from its price of NT$19.90 on 01 September 2020. The Taiwanese market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electronic industry, which is up 8.0% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.69 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$10.8b (up 50% from 3Q 2019). Net income: NT$148.1m (up 70% from 3Q 2019). Profit margin: 1.4% (up from 1.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Oct 13
New 90-day high: NT$20.80 The company is up 11% from its price of NT$18.80 on 15 July 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period. Annonce • Aug 13
Zenitron Corporation Announces Executive Changes, Effective September 1, 2020 Zenitron Corporation announced that YEH,LU-CHANG /CFO of Zenitron has replaced CHOU,CHUN-KUANG /President of Zenitron due to job relocation, effective September 1, 2020.