Reported Earnings • May 01
First quarter 2026 earnings released: EPS: NT$0.45 (vs NT$0.46 in 1Q 2025) First quarter 2026 results: EPS: NT$0.45 (down from NT$0.46 in 1Q 2025). Revenue: NT$284.8m (down 12% from 1Q 2025). Net income: NT$52.6m (down 3.9% from 1Q 2025). Profit margin: 19% (up from 17% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. New Risk • Mar 03
New major risk - Revenue and earnings growth Earnings have declined by 2.8% 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 Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (119% payout ratio). Profit margins are more than 30% lower than last year (15% net profit margin). Market cap is less than US$100m (NT$3.15b market cap, or US$99.5m). Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: NT$1.72 (vs NT$2.50 in FY 2024) Full year 2025 results: EPS: NT$1.72 (down from NT$2.50 in FY 2024). Revenue: NT$1.31b (flat on FY 2024). Net income: NT$203.0m (down 31% from FY 2024). Profit margin: 16% (down from 22% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Annuncio • Feb 26
Ampire Co., Ltd., Annual General Meeting, May 28, 2026 Ampire Co., Ltd., Annual General Meeting, May 28, 2026. Location: 27 floor no,90, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan Reported Earnings • Nov 04
Third quarter 2025 earnings released: EPS: NT$0.49 (vs NT$0.42 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.49 (up from NT$0.42 in 3Q 2024). Revenue: NT$318.5m (down 9.9% from 3Q 2024). Net income: NT$58.5m (up 17% from 3Q 2024). Profit margin: 18% (up from 14% in 3Q 2024). The increase in margin was driven by lower 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 3% per year, which means it has not declined as severely as earnings. New Risk • Aug 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.00b (US$99.0m) 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 124% Cash payout ratio: 129% Minor Risks Profit margins are more than 30% lower than last year (14% net profit margin). Market cap is less than US$100m (NT$3.00b market cap, or US$99.0m). Reported Earnings • Aug 05
Second quarter 2025 earnings released: EPS: NT$0.31 (vs NT$1.16 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.31 (down from NT$1.16 in 2Q 2024). Revenue: NT$321.5m (up 15% from 2Q 2024). Net income: NT$36.5m (down 74% from 2Q 2024). Profit margin: 11% (down from 49% 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 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Upcoming Dividend • Jun 16
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 23 June 2025. Payment date: 18 July 2025. Payout ratio is on the higher end at 81%, and the cash payout ratio is above 100%. Trailing yield: 6.7%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.3%). Annuncio • May 30
Ampire Co., Ltd. Approves the Election of Liu, Xuen-Da and Liu, Ru-Fen as Directors Ampire Co., Ltd. approved the election of Liu, Xuen-Da and Liu, Ru-Fen as directors, at its AGM held on May 29, 2025. Reported Earnings • May 05
First quarter 2025 earnings released: EPS: NT$0.46 (vs NT$0.50 in 1Q 2024) First quarter 2025 results: EPS: NT$0.46 (down from NT$0.50 in 1Q 2024). Revenue: NT$324.2m (down 10% from 1Q 2024). Net income: NT$54.7m (down 6.8% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Annuncio • Apr 17
Ampire Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Ampire Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 New Risk • Apr 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.21b (US$97.0m) 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 Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Cash payout ratio: 108% Minor Risk Market cap is less than US$100m (NT$3.21b market cap, or US$97.0m). Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$27.10, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total returns to shareholders of 29% over the past three years. Annuncio • Feb 26
Ampire Co., Ltd., Annual General Meeting, May 29, 2025 Ampire Co., Ltd., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: 27 floor no,90, sec.1 hsin t`ai 5th rd., sijhih district, new taipei city Taiwan Annuncio • Feb 18
Ampire Co., Ltd. to Report Fiscal Year 2024 Results on Feb 25, 2025 Ampire Co., Ltd. announced that they will report fiscal year 2024 results on Feb 25, 2025 Reported Earnings • Nov 19
Third quarter 2024 earnings released: EPS: NT$0.42 (vs NT$0.94 in 3Q 2023) Third quarter 2024 results: EPS: NT$0.42 (down from NT$0.94 in 3Q 2023). Revenue: NT$353.3m (down 32% from 3Q 2023). Net income: NT$50.0m (down 55% from 3Q 2023). Profit margin: 14% (down from 21% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 11% per year. Annuncio • Oct 22
Ampire Co., Ltd. to Report Q3, 2024 Results on Oct 31, 2024 Ampire Co., Ltd. announced that they will report Q3, 2024 results on Oct 31, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$1.16 (vs NT$1.08 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.16 (up from NT$1.08 in 2Q 2023). Revenue: NT$279.6m (down 49% from 2Q 2023). Net income: NT$137.3m (up 7.2% from 2Q 2023). Profit margin: 49% (up from 23% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 14% per year. Declared Dividend • Aug 03
Dividend reduced to NT$2.70 Dividend of NT$2.70 is 10.0% lower than last year. Ex-date: 15th August 2024 Payment date: 9th September 2024 Dividend yield will be 6.7%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (87% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 16% per year over the past 8 years and payments have been stable during that time. Earnings per share has grown by 3.1% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jul 19
Ampire Co., Ltd. to Report Q2, 2024 Results on Jul 30, 2024 Ampire Co., Ltd. announced that they will report Q2, 2024 results on Jul 30, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.50 (vs NT$0.78 in 1Q 2023) First quarter 2024 results: EPS: NT$0.50 (down from NT$0.78 in 1Q 2023). Revenue: NT$360.8m (down 40% from 1Q 2023). Net income: NT$58.7m (down 37% from 1Q 2023). Profit margin: 16% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 17% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Mar 19
Full year 2023 earnings released: EPS: NT$3.39 (vs NT$3.82 in FY 2022) Full year 2023 results: EPS: NT$3.39 (down from NT$3.82 in FY 2022). Revenue: NT$2.09b (down 14% from FY 2022). Net income: NT$401.2m (down 11% from FY 2022). Profit margin: 19% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 21% per year. Annuncio • Mar 01
Ampire Co., Ltd., Annual General Meeting, May 29, 2024 Ampire Co., Ltd., Annual General Meeting, May 29, 2024. Location: 27F., No.90, Sec. 1, Xintai 5th Rd Xizhi Dist New Taipei Taiwan Agenda: To consider Business Report 2023; to consider Audit Committee's review report on the annual final accounting books and statements; to consider Directors' and employees' remuneration for fiscal 2023; to consider Information on investment in mainland China; to consider Proposal for amending Rules of Board Meeting. Upcoming Dividend • Aug 09
Upcoming dividend of NT$3.00 per share at 7.3% yield Eligible shareholders must have bought the stock before 16 August 2023. Payment date: 08 September 2023. Payout ratio is on the higher end at 75%, however this is supported by cash flows. Trailing yield: 7.3%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: NT$1.08 (vs NT$1.09 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.08 (down from NT$1.09 in 2Q 2022). Revenue: NT$549.4m (down 7.1% from 2Q 2022). Net income: NT$128.1m (flat on 2Q 2022). Profit margin: 23% (up from 22% in 2Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 25% per year whereas the company’s share price has increased by 20% per year. Reported Earnings • Jun 17
First quarter 2023 earnings released: EPS: NT$0.78 (vs NT$0.61 in 1Q 2022) First quarter 2023 results: EPS: NT$0.78 (up from NT$0.61 in 1Q 2022). Revenue: NT$599.6m (up 24% from 1Q 2022). Net income: NT$92.6m (up 28% from 1Q 2022). Profit margin: 15% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Mar 23
Full year 2022 earnings released: EPS: NT$3.82 (vs NT$2.61 in FY 2021) Full year 2022 results: EPS: NT$3.82 (up from NT$2.61 in FY 2021). Revenue: NT$2.42b (up 20% from FY 2021). Net income: NT$451.7m (up 46% from FY 2021). Profit margin: 19% (up from 15% 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 19% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. 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. 2 independent directors (5 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 13
Third quarter 2022 earnings released: EPS: NT$1.10 (vs NT$0.67 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.10 (up from NT$0.67 in 3Q 2021). Revenue: NT$659.2m (up 22% from 3Q 2021). Net income: NT$130.3m (up 65% from 3Q 2021). Profit margin: 20% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 19% share price gain to NT$30.50, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 13x in the Semiconductor industry in Taiwan. Total returns to shareholders of 73% over the past three years. Buying Opportunity • Aug 24
Now 20% undervalued Over the last 90 days, the stock is up 2.0%. The fair value is estimated to be NT$31.93, 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 5.8%. Upcoming Dividend • Aug 10
Upcoming dividend of NT$2.10 per share Eligible shareholders must have bought the stock before 17 August 2022. Payment date: 08 September 2022. Payout ratio is a comfortable 71% and the cash payout ratio is 98%. Trailing yield: 7.7%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (3.6%). Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: NT$1.09 (vs NT$0.68 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.09 (up from NT$0.68 in 2Q 2021). Revenue: NT$591.3m (up 15% from 2Q 2021). Net income: NT$128.9m (up 61% from 2Q 2021). Profit margin: 22% (up from 16% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • May 12
First quarter 2022 earnings: EPS and revenues miss analyst expectations First quarter 2022 results: EPS: NT$0.61 (down from NT$0.66 in 1Q 2021). Revenue: NT$484.7m (up 11% from 1Q 2021). Net income: NT$72.1m (down 8.0% from 1Q 2021). Profit margin: 15% (down from 18% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 19%. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 1% per year. 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. 10 experienced directors. No highly experienced directors. 2 independent directors (5 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 • Mar 04
Full year 2021 earnings: EPS and revenues miss analyst expectations Full year 2021 results: EPS: NT$2.61 (up from NT$2.06 in FY 2020). Revenue: NT$2.03b (up 14% from FY 2020). Net income: NT$309.1m (up 27% from FY 2020). Profit margin: 15% (up from 14% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 12%. Earnings per share (EPS) also missed analyst estimates by 19%. 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 4% per year, which means it is well ahead of earnings. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.67 (vs NT$0.46 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$540.0m (up 27% from 3Q 2020). Net income: NT$79.1m (up 46% from 3Q 2020). Profit margin: 15% (up from 13% 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 4% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 17
Upcoming dividend of NT$1.65 per share Eligible shareholders must have bought the stock before 24 August 2021. Payment date: 16 September 2021. Trailing yield: 6.6%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 10
Second quarter 2021 earnings released: EPS NT$0.68 (vs NT$0.75 in 2Q 2020) The company reported a poor second quarter result with weaker earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$516.0m (down 10% from 2Q 2020). Net income: NT$79.9m (down 9.9% from 2Q 2020). Profit margin: 16% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Reported Earnings • May 11
First quarter 2021 earnings released: EPS NT$0.66 (vs NT$0.43 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$436.3m (up 13% from 1Q 2020). Net income: NT$78.3m (up 55% from 1Q 2020). Profit margin: 18% (up from 13% 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 1% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Reported Earnings • Mar 24
Full year 2020 earnings released: EPS NT$2.06 (vs NT$2.24 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.78b (down 7.1% from FY 2019). Net income: NT$243.9m (down 8.1% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 09
Ampire Co., Ltd., Annual General Meeting, May 28, 2021 Ampire Co., Ltd., Annual General Meeting, May 28, 2021. Reported Earnings • Mar 04
Full year 2020 earnings released: EPS NT$2.06 (vs NT$2.24 in FY 2019) The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$1.78b (down 7.1% from FY 2019). Net income: NT$243.9m (down 8.1% from FY 2019). Profit margin: 14% (in line with FY 2019). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Feb 20
New 90-day high: NT$22.30 The company is up 12% from its price of NT$20.00 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 Semiconductor industry, which is up 34% over the same period. Is New 90 Day High Low • Jan 14
New 90-day high: NT$21.20 The company is up 12% from its price of NT$19.00 on 16 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 34% over the same period. Is New 90 Day High Low • Dec 01
New 90-day high: NT$20.45 The company is up 2.0% from its price of NT$20.00 on 02 September 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 14% over the same period. Reported Earnings • Nov 14
Third quarter 2020 earnings released: EPS NT$0.46 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$424.3m (down 13% from 3Q 2019). Net income: NT$54.0m (down 18% from 3Q 2019). Profit margin: 13% (down from 14% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 5% per year. Is New 90 Day High Low • Sep 24
New 90-day low: NT$18.95 The company is down 14% from its price of NT$22.10 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 26% over the same period.