Board Change • Aug 01
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. 4 non-independent directors. Independent Director Chang Shu-We was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jul 28
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.2m) 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: Minor Risks Revenue is less than US$5m (NT$111m revenue, or US$3.4m). Market cap is less than US$100m (NT$3.22b market cap, or US$99.2m). Reported Earnings • May 17
First quarter 2026 earnings released: NT$0.20 loss per share (vs NT$0.27 loss in 1Q 2025) First quarter 2026 results: NT$0.20 loss per share (improved from NT$0.27 loss in 1Q 2025). Net loss: NT$46.0m (loss narrowed 24% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 59 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 31
Full year 2025 earnings released: NT$0.95 loss per share (vs NT$2.07 loss in FY 2024) Full year 2025 results: NT$0.95 loss per share (improved from NT$2.07 loss in FY 2024). Net loss: NT$214.5m (loss narrowed 54% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Annuncio • Mar 04
Tainergy Tech Co., Ltd., Annual General Meeting, May 22, 2026 Tainergy Tech Co., Ltd., Annual General Meeting, May 22, 2026, at 09:00 Taipei Standard Time. Location: no,5, tzu ch`iang 1st rd., fu hsing li, jhongli district, taoyuan city Taiwan New Risk • Nov 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.06b (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Less than 1 year of cash runway based on current free cash flow (-NT$752m). Revenue is less than US$5m (NT$135m revenue, or US$4.3m). Market cap is less than US$100m (NT$3.06b market cap, or US$98.7m). New Risk • Aug 15
New minor risk - Financial position The company has less than a year of cash runway based on its current free cash flow. Free cash flow: -NT$752m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-NT$752m). Share price has been volatile over the past 3 months (7.1% average weekly change). Revenue is less than US$5m (NT$135m revenue, or US$4.5m). Market cap is less than US$100m (NT$2.50b market cap, or US$83.2m). Reported Earnings • Aug 15
Second quarter 2025 earnings released: NT$0.23 loss per share (vs NT$0.12 loss in 2Q 2024) Second quarter 2025 results: NT$0.23 loss per share (further deteriorated from NT$0.12 loss in 2Q 2024). Net loss: NT$51.7m (loss widened 99% from 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 27% per year whereas the company’s share price has fallen by 28% per year. New Risk • Jun 10
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 Risk Market cap is less than US$100m (NT$2.76b market cap, or US$92.0m). Annuncio • May 28
Tainergy Tech Co., Ltd. Approves Board Elections Tainergy Tech Co., Ltd. announced annual general meeting held on May 27, 2025, the shareholders elected MING-KAI HSIEH and LI-CHUAN SHEN as directors and SHU-WE CHANG and YU-LAN LI as Independent Directors of the company. LI-CHUAN SHEN is representative of KENMEC MECHANICAL ENGINEERING CO., LTD. New Risk • May 16
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: NT$100m (US$3.3m) This is considered a minor risk. Companies with a small amount of revenue 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: Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Revenue is less than US$5m (NT$100m revenue, or US$3.3m). Market cap is less than US$100m (NT$2.31b market cap, or US$76.5m). Reported Earnings • May 16
First quarter 2025 earnings released: NT$0.27 loss per share (vs NT$0.29 loss in 1Q 2024) First quarter 2025 results: NT$0.27 loss per share (improved from NT$0.29 loss in 1Q 2024). Net loss: NT$60.8m (loss narrowed 8.1% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Annuncio • May 01
Tainergy Tech Co., Ltd. to Report Q1, 2025 Results on May 08, 2025 Tainergy Tech Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025 Annuncio • Feb 27
Tainergy Tech Co., Ltd. to Report Fiscal Year 2024 Results on Mar 06, 2025 Tainergy Tech Co., Ltd. announced that they will report fiscal year 2024 results on Mar 06, 2025 New Risk • Jan 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Market cap is less than US$100m (NT$2.70b market cap, or US$81.5m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.39 loss per share (vs NT$0.44 profit in 3Q 2023) Third quarter 2024 results: NT$0.39 loss per share (down from NT$0.44 profit in 3Q 2023). Revenue: NT$73.9m (down 89% from 3Q 2023). Net loss: NT$87.6m (down 189% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. New Risk • Nov 11
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.4m) 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. This is currently the only risk that has been identified for the company. Annuncio • Oct 29
Tainergy Tech Co., Ltd. to Report Q3, 2024 Results on Nov 05, 2024 Tainergy Tech Co., Ltd. announced that they will report Q3, 2024 results on Nov 05, 2024 Reported Earnings • Aug 17
Second quarter 2024 earnings released: NT$0.12 loss per share (vs NT$0.29 profit in 2Q 2023) Second quarter 2024 results: NT$0.12 loss per share (down from NT$0.29 profit in 2Q 2023). Revenue: NT$197.6m (down 72% from 2Q 2023). Net loss: NT$25.9m (down 140% from profit in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Reported Earnings • May 19
First quarter 2024 earnings released: NT$0.29 loss per share (vs NT$0.21 profit in 1Q 2023) First quarter 2024 results: NT$0.29 loss per share (down from NT$0.21 profit in 1Q 2023). Revenue: NT$71.1m (down 89% from 1Q 2023). Net loss: NT$66.1m (down 240% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 28
Tainergy Tech Co., Ltd. to Report Q1, 2024 Results on May 03, 2024 Tainergy Tech Co., Ltd. announced that they will report Q1, 2024 results on May 03, 2024 Reported Earnings • Mar 31
Full year 2023 earnings released: NT$0.13 loss per share (vs NT$0.49 profit in FY 2022) Full year 2023 results: NT$0.13 loss per share (down from NT$0.49 profit in FY 2022). Revenue: NT$2.15b (down 3.4% from FY 2022). Net loss: NT$28.6m (down 126% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Annuncio • Mar 07
Tainergy Tech Co., Ltd., Annual General Meeting, May 28, 2024 Tainergy Tech Co., Ltd., Annual General Meeting, May 28, 2024. Location: Tao Garden Hotel, 2F No.151 Fuxing Road Taoyuan City Taiwan Agenda: To consider 2023 business report; to consider 2023 Audit Committee's review report; to consider report on the Enforcement of Privately placed common shares Cases in 2023; to consider Report on Employee Compensation and Director Remuneration Distribution for the Year 2023; and to consider report on Director Compensation Received in 2023. New Risk • Nov 09
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 5.6% 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: Major Risk High level of non-cash earnings (22% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (5.6% average weekly change). Reported Earnings • Aug 13
Second quarter 2023 earnings released: EPS: NT$0.29 (vs NT$0.088 loss in 2Q 2022) Second quarter 2023 results: EPS: NT$0.29 (up from NT$0.088 loss in 2Q 2022). Revenue: NT$711.6m (up 25% from 2Q 2022). Net income: NT$65.5m (up NT$85.3m from 2Q 2022). Profit margin: 9.2% (up from net loss in 2Q 2022). 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. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to NT$38.00, the stock trades at a trailing P/E ratio of 37.9x. Average trailing P/E is 20x in the Semiconductor industry in Taiwan. Total returns to shareholders of 102% over the past three years. Annuncio • May 05
Tainergy Tech Co., Ltd. Announces General Manager Changes Tainergy Tech Co., Ltd. appointed CHEN,I-KUANG in the place of HSIEH,MING-KAI as General Manager of the company. Effective date of the new appointment is May 3, 2023. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: NT$0.49 (vs NT$4.19 loss in FY 2021) Full year 2022 results: EPS: NT$0.49 (up from NT$4.19 loss in FY 2021). Revenue: NT$2.22b (up 40% from FY 2021). Net income: NT$110.0m (up NT$971.5m from FY 2021). Profit margin: 5.0% (up from net loss in FY 2021). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$0.11 (vs NT$0.68 loss in 3Q 2021) Third quarter 2022 results: EPS: NT$0.11 (up from NT$0.68 loss in 3Q 2021). Revenue: NT$610.4m (up 123% from 3Q 2021). Net income: NT$24.1m (up NT$160.5m from 3Q 2021). Profit margin: 3.9% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Director Ming-Chih Hsieh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 16
Second quarter 2022 earnings released: NT$0.09 loss per share (vs NT$0.81 loss in 2Q 2021) Second quarter 2022 results: NT$0.09 loss per share (up from NT$0.81 loss in 2Q 2021). Revenue: NT$569.2m (up 11% from 2Q 2021). Net loss: NT$19.8m (loss narrowed 88% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 5 highly experienced directors. Director Ming-Chih Hsieh was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
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. No experienced directors. 6 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Chia-Hsiang Wang was the last independent director to join the board, commencing their role in 2013. 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 • Apr 01
Full year 2021 earnings released: NT$4.19 loss per share (vs NT$0.015 profit in FY 2020) Full year 2021 results: NT$4.19 loss per share (down from NT$0.015 profit in FY 2020). Revenue: NT$1.58b (down 28% from FY 2020). Net loss: NT$861.4m (down NT$864.4m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 15
Third quarter 2021 earnings released: NT$0.68 loss per share (vs NT$0.098 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: NT$273.5m (down 49% from 3Q 2020). Net loss: NT$136.4m (loss widened NT$116.9m from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
Second quarter 2021 earnings released: NT$0.81 loss per share (vs NT$0.30 profit in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and control over costs. Second quarter 2021 results: Revenue: NT$514.2m (down 9.1% from 2Q 2020). Net loss: NT$162.1m (down 372% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 15
First quarter 2021 earnings released: NT$0.53 loss per share (vs NT$0.036 loss in 1Q 2020) The company reported a poor first quarter result with increased losses, weaker revenues and weaker control over costs. First quarter 2021 results: Revenue: NT$413.8m (down 18% from 1Q 2020). Net loss: NT$106.5m (loss widened NT$99.3m from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS NT$0.01 (vs NT$2.42 loss in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.19b (down 5.8% from FY 2019). Net income: NT$2.95m (up NT$486.9m from FY 2019). Profit margin: 0.1% (up from net loss in FY 2019). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Annuncio • Mar 11
Tainergy Tech Co., Ltd., Annual General Meeting, May 28, 2021 Tainergy Tech Co., Ltd., Annual General Meeting, May 28, 2021. Is New 90 Day High Low • Jan 21
New 90-day low: NT$26.35 The company is down 13% from its price of NT$30.35 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 39% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: NT$0.10 loss per share The company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$537.5m (down 14% from 3Q 2019). Net loss: NT$19.5m (loss widened NT$17.2m from 3Q 2019). 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 6% per year, which means it is significantly lagging earnings growth.