Buy Or Sell Opportunity • Aug 11
Now 24% overvalued Over the last 90 days, the stock has fallen 8.9% to NT$108. The fair value is estimated to be NT$86.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 17%. Buy Or Sell Opportunity • Jul 27
Now 21% overvalued Over the last 90 days, the stock has fallen 13% to NT$108. The fair value is estimated to be NT$88.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 9.4% over the last 3 years. Earnings per share has grown by 17%. Upcoming Dividend • Jul 23
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 30 July 2026. Payment date: 20 August 2026. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Taiwanese dividend payers (5.0%). Lower than average of industry peers (4.5%). Declared Dividend • Jun 08
Dividend of NT$3.00 announced Shareholders will receive a dividend of NT$3.00. Ex-date: 30th July 2026 Payment date: 20th August 2026 Dividend yield will be 2.5%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (29% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 4.4% per year over the past 6 years and payments have been stable during that time. Earnings per share has grown by 21% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 21
First quarter 2026 earnings released: EPS: NT$4.01 (vs NT$5.17 in 1Q 2025) First quarter 2026 results: EPS: NT$4.01 (down from NT$5.17 in 1Q 2025). Revenue: NT$707.0m (down 21% from 1Q 2025). Net income: NT$102.4m (down 22% from 1Q 2025). Profit margin: 14% (in line with 1Q 2025). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Apr 14
Full year 2025 earnings released: EPS: NT$11.35 (vs NT$13.96 in FY 2024) Full year 2025 results: EPS: NT$11.35 (down from NT$13.96 in FY 2024). Revenue: NT$2.64b (down 9.8% from FY 2024). Net income: NT$289.5m (down 15% from FY 2024). Profit margin: 11% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has increased by 43% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 13
Young Shine Electric Co., Ltd., Annual General Meeting, May 29, 2026 Young Shine Electric Co., Ltd., Annual General Meeting, May 29, 2026. Location: 3 floor no,6, chung szu rd., cianjhen district, kaohsiung city Taiwan New Risk • Mar 05
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 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (7.6% average weekly change). New Risk • Mar 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$109, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 19x in the Auto Components industry in Taiwan. Total returns to shareholders of 233% over the past three years. Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$105, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 16x in the Auto Components industry in Taiwan. Total returns to shareholders of 190% over the past three years. Buy Or Sell Opportunity • Aug 02
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to NT$93.30. The fair value is estimated to be NT$117, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 46%. Buy Or Sell Opportunity • Jul 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to NT$93.10. The fair value is estimated to be NT$118, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 46%. Declared Dividend • Jul 11
Dividend of NT$3.60 announced Shareholders will receive a dividend of NT$3.60. Ex-date: 24th July 2025 Payment date: 20th August 2025 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is well covered by both earnings (23% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 5 years and payments have been stable during that time. Earnings per share has grown by 22% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jul 10
Young Shine Electric Co., Ltd. announces Annual dividend, payable on August 20, 2025 Young Shine Electric Co., Ltd. announced Annual dividend of TWD 3.6000 per share payable on August 20, 2025, ex-date on July 24, 2025 and record date on July 27, 2025. Buy Or Sell Opportunity • Jun 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 33% to NT$94.30. The fair value is estimated to be NT$120, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.8% over the last 3 years. Earnings per share has grown by 46%. Reported Earnings • Apr 18
Full year 2024 earnings released: EPS: NT$15.36 (vs NT$8.91 in FY 2023) Full year 2024 results: EPS: NT$15.36 (up from NT$8.91 in FY 2023). Revenue: NT$2.92b (up 40% from FY 2023). Net income: NT$341.4m (up 73% from FY 2023). Profit margin: 12% (up from 9.4% 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 46% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 10
Young Shine Electric Co., Ltd., Annual General Meeting, Jun 25, 2025 Young Shine Electric Co., Ltd., Annual General Meeting, Jun 25, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,6, chung szu rd., cianjhen district, kaohsiung city Taiwan New Risk • Apr 07
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 10% 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 Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$2.15b market cap, or US$65.0m). Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment deteriorates as stock falls 26% After last week's 26% share price decline to NT$93.00, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 17x in the Auto Components industry in Taiwan. Total returns to shareholders of 126% over the past three years. Buy Or Sell Opportunity • Mar 31
Now 21% undervalued Over the last 90 days, the stock has risen 4.1% to NT$126. The fair value is estimated to be NT$160, however this is not to be taken as a buy 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 41%. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Nov 28
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at NT$130. The fair value is estimated to be NT$163, however this is not to be taken as a buy 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 41%. Buy Or Sell Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.4% to NT$130. The fair value is estimated to be NT$165, however this is not to be taken as a buy 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 41%. Buy Or Sell Opportunity • Sep 04
Now 21% undervalued Over the last 90 days, the stock has risen 7.9% to NT$126. The fair value is estimated to be NT$159, however this is not to be taken as a buy 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 41%. Valuation Update With 7 Day Price Move • Jul 30
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$149, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 19x in the Auto Components industry in Taiwan. Total returns to shareholders of 152% over the past three years. Upcoming Dividend • Jul 17
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 24 July 2024. Payment date: 16 August 2024. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.2%). Reported Earnings • Apr 18
Full year 2023 earnings released: EPS: NT$9.80 (vs NT$6.71 in FY 2022) Full year 2023 results: EPS: NT$9.80 (up from NT$6.71 in FY 2022). Revenue: NT$2.10b (down 6.0% from FY 2022). Net income: NT$197.0m (up 46% from FY 2022). Profit margin: 9.4% (up from 6.0% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 09
Young Shine Electric Co., Ltd., Annual General Meeting, Jun 26, 2024 Young Shine Electric Co., Ltd., Annual General Meeting, Jun 26, 2024. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$130, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 22x in the Auto Components industry in Taiwan. Total returns to shareholders of 105% over the past three years. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (NT$1.96b market cap, or US$62.1m). Valuation Update With 7 Day Price Move • Feb 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$97.70, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 23x in the Auto Components industry in Taiwan. Total returns to shareholders of 75% over the past three years. Valuation Update With 7 Day Price Move • Dec 04
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$80.70, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 23x in the Auto Components industry in Taiwan. Total returns to shareholders of 78% over the past three years. New Risk • Aug 15
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 11% 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 Risk Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$1.35b market cap, or US$42.2m). Valuation Update With 7 Day Price Move • Aug 14
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to NT$67.00, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 16x in the Auto Components industry in Taiwan. Total returns to shareholders of 47% over the past three years. Upcoming Dividend • Jul 18
Upcoming dividend of NT$2.99 per share at 5.9% yield Eligible shareholders must have bought the stock before 25 July 2023. Payment date: 15 August 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 5.9%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.1%). Reported Earnings • Apr 25
Full year 2022 earnings released: EPS: NT$6.71 (vs NT$4.12 in FY 2021) Full year 2022 results: EPS: NT$6.71 (up from NT$4.12 in FY 2021). Revenue: NT$2.23b (down 12% from FY 2021). Net income: NT$134.6m (up 63% from FY 2021). Profit margin: 6.0% (up from 3.2% in FY 2021). The increase in margin was driven by lower expenses. 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. Reported Earnings • Aug 15
First half 2022 earnings released: EPS: NT$3.65 (vs NT$3.31 in 1H 2021) First half 2022 results: EPS: NT$3.65 (up from NT$3.31 in 1H 2021). Revenue: NT$1.24b (down 23% from 1H 2021). Net income: NT$73.1m (up 11% from 1H 2021). Profit margin: 5.9% (up from 4.1% in 1H 2021). The increase in margin was driven by lower expenses. Upcoming Dividend • Aug 09
Upcoming dividend of NT$2.30 per share Eligible shareholders must have bought the stock before 16 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 56% but the company is not cash flow positive. Trailing yield: 5.5%. Lower than top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (2.7%). Upcoming Dividend • Aug 23
Upcoming dividend of NT$2.50 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 24 September 2021. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.6%). Reported Earnings • Aug 18
First half 2021 earnings released: EPS NT$3.31 (vs NT$3.22 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: NT$1.60b (up 59% from 1H 2020). Net income: NT$66.2m (up 2.7% from 1H 2020). Profit margin: 4.1% (down from 6.4% in 1H 2020). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • May 15
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$58.00, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 24x in the Auto Components industry in Taiwan. Total returns to shareholders of 15% over the past year. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS NT$4.78 (vs NT$6.01 in FY 2019) The company reported a soft full year result with weaker earnings and revenues, although profit margins were improved. Full year 2020 results: Revenue: NT$1.78b (down 16% from FY 2019). Net income: NT$95.5m (down 11% from FY 2019). Profit margin: 5.4% (up from 5.1% in FY 2019). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improved over the past week After last week's 15% share price gain to NT$66.30, the stock is trading at a trailing P/E ratio of 16.2x, up from the previous P/E ratio of 14x. This compares to an average P/E of 28x in the Auto Components industry in Taiwan. Total returns to shareholders over the past year are 25%. Is New 90 Day High Low • Feb 23
New 90-day high: NT$60.00 The company is up 13% from its price of NT$53.00 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Auto Components industry, which is up 8.0% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: NT$58.30 The company is up 12% from its price of NT$52.00 on 11 September 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Auto Components industry, which is up 13% over the same period. 
