Buy Or Sell Opportunity • Apr 13
Now 29% overvalued after recent price rise Over the last 90 days, the stock has risen 34% to NT$313. The fair value is estimated to be NT$242, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has declined by 10%. Annuncio • Mar 09
Skytech Inc., Annual General Meeting, May 29, 2026 Skytech Inc., Annual General Meeting, May 29, 2026, at 09:30 Taipei Standard Time. Location: 3 floor no,265, tung i kuang ming 6th rd., jhubei city, hsinchu county Taiwan Reported Earnings • Mar 09
Full year 2025 earnings released: EPS: NT$3.01 (vs NT$6.03 in FY 2024) Full year 2025 results: EPS: NT$3.01 (down from NT$6.03 in FY 2024). Revenue: NT$2.24b (down 13% from FY 2024). Net income: NT$202.8m (down 50% from FY 2024). Profit margin: 9.0% (down from 16% in FY 2024). The decrease in margin was driven by lower 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 13% per year, which means it is well ahead of earnings. New Risk • Mar 04
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 7.1% 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 (7.1% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Buy Or Sell Opportunity • Feb 10
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to NT$223. The fair value is estimated to be NT$286, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$255, the stock trades at a trailing P/E ratio of 62.4x. Average trailing P/E is 30x in the Semiconductor industry in Taiwan. Total returns to shareholders of 115% over the past three years. Reported Earnings • Nov 09
Third quarter 2025 earnings released: EPS: NT$0.91 (vs NT$1.23 in 3Q 2024) Third quarter 2025 results: EPS: NT$0.91 (down from NT$1.23 in 3Q 2024). Revenue: NT$549.5m (down 2.5% from 3Q 2024). Net income: NT$61.6m (down 26% from 3Q 2024). Profit margin: 11% (down from 15% in 3Q 2024). The decrease in margin was primarily driven by lower revenue. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$250, the stock trades at a trailing P/E ratio of 56.8x. Average forward P/E is 22x in the Semiconductor industry in Taiwan. Total loss to shareholders of 9.5% over the past year. Reported Earnings • Aug 09
Second quarter 2025 earnings released: EPS: NT$0.28 (vs NT$1.39 in 2Q 2024) Second quarter 2025 results: EPS: NT$0.28 (down from NT$1.39 in 2Q 2024). Revenue: NT$512.3m (up 3.4% from 2Q 2024). Net income: NT$19.1m (down 80% from 2Q 2024). Profit margin: 3.7% (down from 19% in 2Q 2024). The decrease in margin was driven by higher expenses. New Risk • Jul 11
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 8.3% 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. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$227, the stock trades at a trailing P/E ratio of 41.2x. Average forward P/E is 17x in the Semiconductor industry in Taiwan. Total returns to shareholders of 6.5% over the past year. Declared Dividend • Jun 26
Dividend increased to NT$2.10 Dividend of NT$2.10 is 5.1% higher than last year. Ex-date: 9th July 2025 Payment date: 8th August 2025 Dividend yield will be 0.9%, which is lower than the industry average of 3.0%. Payout Ratios Payout ratio: 38%. Cash payout ratio: 124%. Annuncio • Jun 12
Smoltek Nanotech Holding AB Announces A Major Technological Milestone in CNF-MIM Capacitor Development through A collaboration with SkyTech Smoltek Nanotech Holding AB (publ) announced a major technological milestone in CNF-MIM capacitor development, having successfully engineered an advanced dielectric stack composed of zirconium oxide (ZrO2) and aluminium oxide (Al2O3). This breakthrough was achieved through a close collaboration with SkyTech, a Taiwanese leader in Atomic Layer Deposition (ALD) equipment for the semiconductor industry. The joint development effort, which began at the start of the year, focused on the optimization and evaluation of ALD films deposited by SkyTech on Smoltek's proprietary CNF-MIM (Carbon Nanofiber-Metal-Insulator-Metal) test capacitor structures. The result is a capacitance density in excess of 1 µF/mm² using an active layer thickness of only 6 µm--corresponding to a volumetric capacitance density exceeding 160 nF/mm²-µm, which is among the highest reported volumetric capacitance density for ultra-thin capacitors in the industry. Reported Earnings • May 15
First quarter 2025 earnings released: EPS: NT$0.73 (vs NT$1.25 in 1Q 2024) First quarter 2025 results: EPS: NT$0.73 (down from NT$1.25 in 1Q 2024). Revenue: NT$461.2m (down 9.5% from 1Q 2024). Net income: NT$49.0m (down 42% from 1Q 2024). Profit margin: 11% (down from 17% in 1Q 2024). The decrease in margin was driven by lower revenue. Annuncio • May 06
Skytech Inc. to Report Q1, 2025 Results on May 13, 2025 Skytech Inc. announced that they will report Q1, 2025 results on May 13, 2025 Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$202, the stock trades at a trailing P/E ratio of 33.5x. Average forward P/E is 17x in the Semiconductor industry in Taiwan. Total loss to shareholders of 4.8% over the past year. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to NT$180, the stock trades at a trailing P/E ratio of 29.8x. Average forward P/E is 18x in the Semiconductor industry in Taiwan. Total loss to shareholders of 18% over the past year. Reported Earnings • Mar 03
Full year 2024 earnings released: EPS: NT$6.03 (vs NT$5.02 in FY 2023) Full year 2024 results: EPS: NT$6.03 (up from NT$5.02 in FY 2023). Revenue: NT$2.59b (up 30% from FY 2023). Net income: NT$406.8m (up 33% from FY 2023). Profit margin: 16% (in line with FY 2023). Annuncio • Feb 18
Skytech Inc. to Report Q4, 2024 Results on Feb 25, 2025 Skytech Inc. announced that they will report Q4, 2024 results at 9:00 AM, Taipei Standard Time on Feb 25, 2025 Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to NT$377, the stock trades at a trailing P/E ratio of 62.2x. Average trailing P/E is 31x in the Semiconductor industry in Taiwan. Total returns to shareholders of 75% over the past year. Reported Earnings • Nov 18
Third quarter 2024 earnings released: EPS: NT$1.23 (vs NT$1.47 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.23 (down from NT$1.47 in 3Q 2023). Revenue: NT$563.6m (up 4.8% from 3Q 2023). Net income: NT$82.9m (down 7.3% from 3Q 2023). Profit margin: 15% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Annuncio • Nov 05
Skytech Inc. to Report Q3, 2024 Results on Nov 12, 2024 Skytech Inc. announced that they will report Q3, 2024 results on Nov 12, 2024 Valuation Update With 7 Day Price Move • Sep 02
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$313, the stock trades at a trailing P/E ratio of 50.8x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 51% over the past year. Reported Earnings • Aug 12
Second quarter 2024 earnings released: EPS: NT$1.39 (vs NT$0.51 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.39 (up from NT$0.51 in 2Q 2023). Revenue: NT$495.6m (up 27% from 2Q 2023). Net income: NT$94.0m (up 203% from 2Q 2023). Profit margin: 19% (up from 7.9% in 2Q 2023). The increase in margin was driven by higher revenue. New Risk • Aug 05
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 8.8% 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 Risks Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (33% accrual ratio). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to NT$230, the stock trades at a trailing P/E ratio of 44x. Average trailing P/E is 29x in the Semiconductor industry in Taiwan. Total returns to shareholders of 5.5% over the past year. Annuncio • Aug 03
Skytech Inc. to Report Q2, 2024 Results on Aug 09, 2024 Skytech Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Upcoming Dividend • Jul 09
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 16 July 2024. Payment date: 15 August 2024. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 0.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (1.9%). Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$256, the stock trades at a trailing P/E ratio of 49x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 39% over the past year. New Risk • Jul 03
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 6.7% 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 (33% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • May 12
First quarter 2024 earnings released: EPS: NT$1.25 (vs NT$0.64 in 1Q 2023) First quarter 2024 results: EPS: NT$1.25 (up from NT$0.64 in 1Q 2023). Revenue: NT$509.8m (up 25% from 1Q 2023). Net income: NT$84.3m (up 118% from 1Q 2023). Profit margin: 17% (up from 9.5% in 1Q 2023). The increase in margin was driven by higher revenue. Annuncio • May 03
Skytech Inc. to Report Q1, 2024 Results on May 10, 2024 Skytech Inc. announced that they will report Q1, 2024 results on May 10, 2024 Valuation Update With 7 Day Price Move • Apr 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$239, the stock trades at a trailing P/E ratio of 52.5x. Average trailing P/E is 32x in the Semiconductor industry in Taiwan. Total returns to shareholders of 27% over the past year. New Risk • Feb 29
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 11% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.7% average weekly change). High level of non-cash earnings (37% accrual ratio). Minor Risk Shareholders have been diluted in the past year (11% increase in shares outstanding). Reported Earnings • Feb 27
Full year 2023 earnings released: EPS: NT$5.02 (vs NT$5.66 in FY 2022) Full year 2023 results: EPS: NT$5.02 (down from NT$5.66 in FY 2022). Revenue: NT$1.99b (up 9.8% from FY 2022). Net income: NT$306.7m (down 3.2% from FY 2022). Profit margin: 15% (down from 18% in FY 2022). The decrease in margin was driven by higher expenses. Annuncio • Feb 24
Skytech Inc. Announces Cash Dividends for the Year 2023 Skytech Inc. announced cash dividends to shareholders of TWD 2.0 per share for the year 2023. Total amount of cash distributed to shareholders was TWD 134,954,526. New Risk • Dec 07
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 5.5% 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 No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.5% average weekly change). New Risk • Oct 19
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 5.8% 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 No financial data reported. Minor Risk Share price has been volatile over the past 3 months (5.8% average weekly change).