Reported Earnings • May 01
First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$1.04 in 1Q 2025) First quarter 2026 results: EPS: NT$1.00. Revenue: NT$4.72b (up 21% from 1Q 2025). Net income: NT$797.9m (up 35% from 1Q 2025). Profit margin: 17% (up from 15% in 1Q 2025). The increase in margin was driven by higher revenue. Annuncio • Mar 09
Greatek Electronics Inc., Annual General Meeting, May 26, 2026 Greatek Electronics Inc., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: no,136, kung yih rd., jhunan township, miaoli county Taiwan Reported Earnings • Mar 08
Full year 2025 earnings released: EPS: NT$4.31 (vs NT$4.39 in FY 2024) Full year 2025 results: EPS: NT$4.31 (down from NT$4.39 in FY 2024). Revenue: NT$16.8b (up 10% from FY 2024). Net income: NT$2.45b (down 1.9% from FY 2024). Profit margin: 15% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. 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 17% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$86.50, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 93% over the past three years. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$108, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 33x in the Semiconductor industry in Taiwan. Total returns to shareholders of 159% over the past three years. New Risk • Dec 12
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 6.3% 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 Earnings have declined by 11% per year over the past 5 years. Minor Risks 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 (6.3% average weekly change). Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to NT$83.80, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 104% over the past three years. Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: NT$1.31 (vs NT$1.18 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.31 (up from NT$1.18 in 3Q 2024). Revenue: NT$4.25b (up 10% from 3Q 2024). Net income: NT$744.7m (up 11% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). 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 15% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 21
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 28 August 2025. Payment date: 24 September 2025. Payout ratio is a comfortable 74% and this is well supported by cash flows. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (2.2%). Declared Dividend • Aug 04
Dividend increased to NT$3.00 Dividend of NT$3.00 is 20% higher than last year. Ex-date: 28th August 2025 Payment date: 24th September 2025 Dividend yield will be 4.8%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (67% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • May 01
First quarter 2025 earnings released: EPS: NT$1.04 (vs NT$0.92 in 1Q 2024) First quarter 2025 results: EPS: NT$1.04 (up from NT$0.92 in 1Q 2024). Revenue: NT$3.90b (up 12% from 1Q 2024). Net income: NT$592.7m (up 13% from 1Q 2024). Profit margin: 15% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% 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. Annuncio • Apr 23
Greatek Electronics Inc. to Report Q1, 2025 Results on Apr 30, 2025 Greatek Electronics Inc. announced that they will report Q1, 2025 results on Apr 30, 2025 Buy Or Sell Opportunity • Apr 09
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to NT$45.60. The fair value is estimated to be NT$59.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 32%. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$49.50, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 15% over the past three years. Annuncio • Feb 18
Greatek Electronics Inc., Annual General Meeting, May 27, 2025 Greatek Electronics Inc., Annual General Meeting, May 27, 2025. Location: no,136, kung yih rd., jhunan township, miaoli county Taiwan Reported Earnings • Feb 16
Full year 2024 earnings released: EPS: NT$4.39 (vs NT$3.51 in FY 2023) Full year 2024 results: EPS: NT$4.39 (up from NT$3.51 in FY 2023). Revenue: NT$15.2b (up 12% from FY 2023). Net income: NT$2.50b (up 25% from FY 2023). Profit margin: 16% (up from 15% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Annuncio • Feb 07
Greatek Electronics Inc. to Report Fiscal Year 2024 Results on Feb 14, 2025 Greatek Electronics Inc. announced that they will report fiscal year 2024 results on Feb 14, 2025 New Risk • Dec 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Nov 02
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: NT$3.86b (up 9.9% from 3Q 2023). Net income: NT$673.2m (up 13% from 3Q 2023). Profit margin: 17% (in line with 3Q 2023). Annuncio • Oct 24
Greatek Electronics Inc. to Report Q3, 2024 Results on Oct 31, 2024 Greatek Electronics Inc. announced that they will report Q3, 2024 results on Oct 31, 2024 Upcoming Dividend • Aug 20
Upcoming dividend of NT$2.50 per share Eligible shareholders must have bought the stock before 27 August 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 62% and this is well supported by cash flows. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.4%). Higher than average of industry peers (2.1%). Buy Or Sell Opportunity • Aug 13
Now 22% overvalued The stock has been flat over the last 90 days, currently trading at NT$62.30. The fair value is estimated to be NT$50.95, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last 3 years. Earnings per share has declined by 31%. Reported Earnings • Aug 05
Second quarter 2024 earnings released: EPS: NT$1.27 (vs NT$1.05 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.27 (up from NT$1.05 in 2Q 2023). Revenue: NT$3.99b (up 13% from 2Q 2023). Net income: NT$722.0m (up 21% from 2Q 2023). Profit margin: 18% (up from 17% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Declared Dividend • Aug 04
Dividend reduced to NT$2.50 Dividend of NT$2.50 is 32% lower than last year. Ex-date: 27th August 2024 Payment date: 27th September 2024 Dividend yield will be 4.0%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Annuncio • Jul 26
Greatek Electronics Inc. to Report Q2, 2024 Results on Aug 02, 2024 Greatek Electronics Inc. announced that they will report Q2, 2024 results on Aug 02, 2024 Annuncio • May 29
Greatek Electronics Inc. Announces Board Changes Greatek Electronics Inc. at its GM held on May 27, 2024, approved elected below members of Board of Directors. (including independent directors): Powertech Technology Inc./Representative:Boris Hsieh, Powertech Technology Inc./Representative: D.K. Tsai, Powertech Technology Inc./Representative:Y.C. Chi, Powertech Technology Inc./Representative:Jim Lin, and Hung-Wei Venture Capital Co. Ltd./Representative: Ingrid Fu.; and Independent directors: Kevin H. Hsieh, Jiin-Chuan Wu. Reported Earnings • May 05
First quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.63 in 1Q 2023) First quarter 2024 results: EPS: NT$0.92 (up from NT$0.63 in 1Q 2023). Revenue: NT$3.48b (up 15% from 1Q 2023). Net income: NT$523.3m (up 47% from 1Q 2023). Profit margin: 15% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. 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 5% per year, which means it has not declined as severely as earnings. Annuncio • Apr 28
Greatek Electronics Inc. to Report Q1, 2024 Results on May 03, 2024 Greatek Electronics Inc. announced that they will report Q1, 2024 results on May 03, 2024 Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: NT$3.51 (vs NT$5.55 in FY 2022) Full year 2023 results: EPS: NT$3.51 (down from NT$5.55 in FY 2022). Revenue: NT$13.6b (down 15% from FY 2022). Net income: NT$2.00b (down 37% from FY 2022). Profit margin: 15% (down from 20% 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 17% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Annuncio • Feb 24
Greatek Electronics Inc., Annual General Meeting, May 27, 2024 Greatek Electronics Inc., Annual General Meeting, May 27, 2024. Location: No.136, Gong-Yi Rd., Zhunan Township Miaoli County Taiwan Agenda: To consider the 2023 Business Report; to consider the review Report from the Audit Committee; to consider the report on the Distribution of Employee Compensations and Director Remunerations for 2023; to consider the ratification of the 2023 Business Report and financial statements; to consider the proposal for 2023 earnings distribution; to consider the proposal of Release the Prohibition on Directors and Representative of Corporate Director from Participation in Competitive Business; and to consider other matters. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: NT$1.04 (vs NT$1.07 in 3Q 2022) Third quarter 2023 results: EPS: NT$1.04 (down from NT$1.07 in 3Q 2022). Revenue: NT$3.51b (flat on 3Q 2022). Net income: NT$594.3m (down 2.5% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Upcoming Dividend • Aug 22
Upcoming dividend of NT$3.70 per share at 6.3% yield Eligible shareholders must have bought the stock before 29 August 2023. Payment date: 27 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 6.3%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.4%). Reported Earnings • Jul 30
Second quarter 2023 earnings released: EPS: NT$1.05 (vs NT$1.92 in 2Q 2022) Second quarter 2023 results: EPS: NT$1.05 (down from NT$1.92 in 2Q 2022). Revenue: NT$3.52b (down 25% from 2Q 2022). Net income: NT$595.2m (down 46% from 2Q 2022). Profit margin: 17% (down from 23% 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 3% per year whereas the company’s share price has increased by 6% per year. Annuncio • Jul 29
Greatek Electronics Inc. Announces the Appointment of Y.C.Chi as Chief Operating Officer, Effective September 1, 2023 Greatek Electronics Inc. announced the appointment of Y.C.Chi as Chief Operating Officer, effective September 1, 2023. Y.C.Chi is Senior VP of Powertech Technology Inc. Reported Earnings • Apr 29
First quarter 2023 earnings released: EPS: NT$0.63 (vs NT$2.05 in 1Q 2022) First quarter 2023 results: EPS: NT$0.63 (down from NT$2.05 in 1Q 2022). Revenue: NT$3.02b (down 36% from 1Q 2022). Net income: NT$356.0m (down 70% from 1Q 2022). Profit margin: 12% (down from 25% 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 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 26
Full year 2022 earnings released: EPS: NT$5.55 (vs NT$8.09 in FY 2021) Full year 2022 results: EPS: NT$5.55 (down from NT$8.09 in FY 2021). Revenue: NT$16.0b (down 18% from FY 2021). Net income: NT$3.16b (down 31% from FY 2021). Profit margin: 20% (down from 24% 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 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Chi-Yung Wu was the last independent director to join the board, commencing their role in 2018. 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 • Oct 30
Third quarter 2022 earnings released: EPS: NT$1.07 (vs NT$2.40 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.07 (down from NT$2.40 in 3Q 2021). Revenue: NT$3.51b (down 34% from 3Q 2021). Net income: NT$609.8m (down 55% from 3Q 2021). Profit margin: 17% (down from 26% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 18
Upcoming dividend of NT$5.00 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 28 September 2022. Payout ratio is a comfortable 59% and the cash payout ratio is 84%. Trailing yield: 7.8%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (3.5%). Reported Earnings • Jul 31
Second quarter 2022 earnings released: EPS: NT$1.92 (vs NT$2.00 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.92 (down from NT$2.00 in 2Q 2021). Revenue: NT$4.69b (down 2.6% from 2Q 2021). Net income: NT$1.09b (down 3.9% from 2Q 2021). Profit margin: 23% (in line with 2Q 2021). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 02
First quarter 2022 earnings released: EPS: NT$2.05 (vs NT$1.64 in 1Q 2021) First quarter 2022 results: EPS: NT$2.05 (up from NT$1.64 in 1Q 2021). Revenue: NT$4.71b (up 12% from 1Q 2021). Net income: NT$1.17b (up 25% from 1Q 2021). Profit margin: 25% (up from 22% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to NT$82.00 Down from NT$93.00, the current price target is provided by 1 analyst. New target price is 21% above last closing price of NT$67.80. Stock is down 8.0% over the past year. The company posted earnings per share of NT$8.09 last 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. 8 experienced directors. 4 highly experienced directors. 3 independent directors (6 non-independent directors). Independent Director Chi-Yung Wu was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Annuncio • Mar 06
Greatek Electronics Inc., Annual General Meeting, May 26, 2022 Greatek Electronics Inc., Annual General Meeting, May 26, 2022. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: NT$8.09 (up from NT$4.68 in FY 2020). Revenue: NT$19.5b (up 32% from FY 2020). Net income: NT$4.60b (up 73% from FY 2020). Profit margin: 24% (up from 18% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jan 26
Price target decreased to NT$82.00 Down from NT$93.00, the current price target is provided by 1 analyst. New target price is 12% above last closing price of NT$73.20. Stock is up 8.1% over the past year. The company posted earnings per share of NT$4.68 last year. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS NT$2.40 (vs NT$1.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$5.33b (up 41% from 3Q 2020). Net income: NT$1.36b (up 90% from 3Q 2020). Profit margin: 26% (up from 19% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 24% per year. Upcoming Dividend • Aug 19
Upcoming dividend of NT$3.10 per share Eligible shareholders must have bought the stock before 26 August 2021. Payment date: 29 September 2021. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.2%). Reported Earnings • Aug 01
Second quarter 2021 earnings released: EPS NT$2.00 (vs NT$1.16 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.81b (up 34% from 2Q 2020). Net income: NT$1.14b (up 73% from 2Q 2020). Profit margin: 24% (up from 18% 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 10% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Price Target Changed • Jul 29
Price target increased to NT$90.00 Up from NT$82.25, the current price target is provided by 1 analyst. New target price is 5.8% below last closing price of NT$95.50. Stock is up 82% over the past year. Reported Earnings • Apr 30
First quarter 2021 earnings released: EPS NT$1.64 (vs NT$0.96 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$4.22b (up 29% from 1Q 2020). Net income: NT$930.2m (up 71% from 1Q 2020). Profit margin: 22% (up from 17% in 1Q 2020). The increase in margin was driven by higher revenue. 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 12% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Feb 27
Greatek Electronics Inc., Annual General Meeting, May 28, 2021 Greatek Electronics Inc., Annual General Meeting, May 28, 2021. Location: B1, No.136, Gong-Yi Rd., Zhunan Township, Miaoli County Miaoli Taiwan Agenda: To consider 2020 Business Report; to consider Audit Committee's Review Report; to consider to Report The Distribution Plan of 2020 Compensation for Employees and Directors; to consider adoption of the 2020 Business Report and Financial Statements; and to consider other matters. Reported Earnings • Feb 27
Full year 2020 earnings released: EPS NT$4.68 (vs NT$3.33 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$14.7b (up 22% from FY 2019). Net income: NT$2.66b (up 40% from FY 2019). Profit margin: 18% (up from 16% 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 3% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 17
New 90-day high: NT$76.10 The company is up 47% from its price of NT$51.80 on 19 November 2020. The Taiwanese market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Semiconductor industry, which is up 28% over the same period. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 18% share price gain to NT$67.50, the stock is trading at a trailing P/E ratio of 15.9x, up from the previous P/E ratio of 13.5x. This compares to an average P/E of 26x in the Semiconductor industry in Taiwan. Total returns to shareholders over the past three years are 46%. Price Target Changed • Jan 16
Price target raised to NT$62.00 Up from NT$53.20, the current price target is provided by 1 analyst. The new target price is 6.0% above the current share price of NT$58.50. As of last close, the stock is up 21% over the past year. Is New 90 Day High Low • Jan 14
New 90-day high: NT$58.40 The company is up 17% from its price of NT$49.80 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. Annuncio • Nov 02
Greatek Electronics Inc. Announces Appointment of Sheng Chen as Corporate Governance Officer Greatek Electronics Inc. announced the appointment of Sheng Chen, Director of Administration Division for Corporate Governance Officer. Effective date is October 30, 2020. Reported Earnings • Oct 31
Third quarter earnings released Over the last 12 months the company has reported total profits of NT$2.41b, up 30% from the prior year. Total revenue was NT$13.9b over the last 12 months, up 19% from the prior year.