Reported Earnings • Mar 15
Full year 2025 earnings released: EPS: NT$6.07 (vs NT$5.62 in FY 2024) Full year 2025 results: EPS: NT$6.07 (up from NT$5.62 in FY 2024). Revenue: NT$10.0b (up 16% from FY 2024). Net income: NT$1.38b (up 7.9% from FY 2024). Profit margin: 14% (in line with FY 2024). 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 17% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 13
Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 24, 2026 Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 24, 2026. Location: no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan Reported Earnings • Nov 15
Third quarter 2025 earnings released: EPS: NT$1.49 (vs NT$1.06 in 3Q 2024) Third quarter 2025 results: EPS: NT$1.49 (up from NT$1.06 in 3Q 2024). Revenue: NT$2.31b (up 4.9% from 3Q 2024). Net income: NT$338.2m (up 40% from 3Q 2024). Profit margin: 15% (up from 11% in 3Q 2024). 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 40% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Aug 29
Upcoming dividend of NT$4.00 per share Eligible shareholders must have bought the stock before 03 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 67% and this is well supported by cash flows. Trailing yield: 4.2%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.5%). Declared Dividend • Aug 15
Dividend reduced to NT$4.00 Dividend of NT$4.00 is 17% lower than last year. Ex-date: 3rd September 2025 Payment date: 3rd October 2025 Dividend yield will be 4.3%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (66% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 18% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 15% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Jun 26
Channel Well Technology Co.,Ltd. Elects Wei-Hui Pan as Director Channel Well Technology Co.,Ltd. at the Annual General Shareholders' Meeting held on June 25, 2025 elected Director: Lin Da Investment Co. Ltd.(Designate representative: Ms. Wei-Hui Pan). Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$1.85 (vs NT$1.49 in 1Q 2024) First quarter 2025 results: EPS: NT$1.85 (up from NT$1.49 in 1Q 2024). Revenue: NT$2.84b (up 42% from 1Q 2024). Net income: NT$421.3m (up 24% from 1Q 2024). Profit margin: 15% (down from 17% in 1Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • May 03
Channel Well Technology Co.,Ltd. to Report Q1, 2025 Results on May 12, 2025 Channel Well Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 12, 2025 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$69.60, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 136% over the past three years. Reported Earnings • Mar 21
Full year 2024 earnings released: EPS: NT$5.62 (vs NT$6.79 in FY 2023) Full year 2024 results: EPS: NT$5.62 (down from NT$6.79 in FY 2023). Revenue: NT$8.62b (down 21% from FY 2023). Net income: NT$1.28b (down 17% from FY 2023). Profit margin: 15% (in line with FY 2023). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Mar 13
Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 25, 2025 Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 25, 2025. Location: no,108, sec.1 nan k`an rd., lujhu district, taoyuan city Taiwan Annuncio • Mar 05
Channel Well Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 12, 2025 Channel Well Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 12, 2025 New Risk • Feb 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 6.2% 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 Dividend is not well covered by earnings (96% payout ratio). Share price has been volatile over the past 3 months (6.2% average weekly change). Annuncio • Jan 14
Channel Well Technology Co.,Ltd. Announces Demise of Zhu-Tao Wu, Director On January 13, 2025, Channel Well Technology Co.,Ltd. announces demise of Zhu-Tao Wu, Director. Original term from June 19, 2024 ~ June 18, 2027. Valuation Update With 7 Day Price Move • Jan 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NT$78.80, the stock trades at a trailing P/E ratio of 15.7x. Average forward P/E is 15x in the Electronic industry in Taiwan. Total returns to shareholders of 145% over the past three years. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: NT$1.06 (vs NT$2.53 in 3Q 2023) Third quarter 2024 results: EPS: NT$1.06 (down from NT$2.53 in 3Q 2023). Revenue: NT$2.20b (down 30% from 3Q 2023). Net income: NT$241.1m (down 58% from 3Q 2023). Profit margin: 11% (down from 18% 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 19% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Aug 16
Second quarter 2024 earnings released: EPS: NT$1.54 (vs NT$2.16 in 2Q 2023) Second quarter 2024 results: EPS: NT$1.54 (down from NT$2.16 in 2Q 2023). Revenue: NT$2.14b (down 29% from 2Q 2023). Net income: NT$350.1m (down 29% from 2Q 2023). Profit margin: 16% (in line with 2Q 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 16% per year. Declared Dividend • Aug 14
Dividend increased to NT$4.80 Dividend of NT$4.80 is 104% higher than last year. Ex-date: 29th August 2024 Payment date: 26th September 2024 Dividend yield will be 7.1%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (78% cash payout ratio). The dividend has increased by an average of 30% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 20% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Aug 03
Channel Well Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024 Channel Well Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024 Buy Or Sell Opportunity • Jul 22
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to NT$68.50. The fair value is estimated to be NT$88.82, 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 11%. Reported Earnings • May 18
First quarter 2024 earnings released: EPS: NT$1.49 (vs NT$1.18 in 1Q 2023) First quarter 2024 results: EPS: NT$1.49 (up from NT$1.18 in 1Q 2023). Revenue: NT$2.00b (down 11% from 1Q 2023). Net income: NT$339.4m (up 26% from 1Q 2023). Profit margin: 17% (up from 12% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 16% per year. Annuncio • May 03
Channel Well Technology Co.,Ltd. to Report Q1, 2024 Results on May 08, 2024 Channel Well Technology Co.,Ltd. announced that they will report Q1, 2024 results on May 08, 2024 Buy Or Sell Opportunity • Apr 12
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 1.0% to NT$78.80. The fair value is estimated to be NT$65.54, however this is not to be taken as a sell 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 4.4%. Annuncio • Mar 14
Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 19, 2024 Channel Well Technology Co.,Ltd., Annual General Meeting, Jun 19, 2024. Location: Monarch Skyline Hotel at Purple Cloud Hall No. 108, Sec. 1, Nankan Rd., Luzhu Dist Taoyuan City Taiwan Agenda: To consider and report the business of 2023; to consider audit Committees review report on 2023 Financial Statements; to consider report on the 2023 employees compensation and directors remuneration; to consider report on the 2023 Distribution of Cash Dividends; and to transact such other business matters. Buy Or Sell Opportunity • Mar 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.3% to NT$77.90. The fair value is estimated to be NT$98.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Upcoming Dividend • Aug 24
Upcoming dividend of NT$2.35 per share at 2.9% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 28 September 2023. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.6%). Lower than average of industry peers (4.2%). Reported Earnings • Aug 12
Second quarter 2023 earnings released: EPS: NT$2.16 (vs NT$0.82 in 2Q 2022) Second quarter 2023 results: EPS: NT$2.16 (up from NT$0.82 in 2Q 2022). Revenue: NT$3.00b (up 78% from 2Q 2022). Net income: NT$490.5m (up 163% from 2Q 2022). Profit margin: 16% (up from 11% in 2Q 2022). 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 36% per year, which means it is well ahead of earnings. Annuncio • Aug 12
Channel Well Technology Co.,Ltd. Announces Cash Dividend, Payable on September 28, 2023 Channel Well Technology Co.,Ltd. announced cash dividend distribution for common shares is TWD 534,369,000 or TWD 2.35 per share will be distributed. Ex-rights (Ex-dividend) date is August 31, 2023. Ex-rights (Ex-dividend) record date is September 6, 2023. Payment date of cash dividend distribution is September 28, 2023. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$87.60, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 253% over the past three years. New Risk • Jun 08
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 7.7% 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 (7.7% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to NT$68.10, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 196% over the past three years. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to NT$49.35, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total returns to shareholders of 164% over the past three years. Reported Earnings • Mar 26
Full year 2022 earnings released: EPS: NT$3.13 (vs NT$4.30 in FY 2021) Full year 2022 results: EPS: NT$3.13 (down from NT$4.30 in FY 2021). Revenue: NT$6.49b (down 36% from FY 2021). Net income: NT$710.6m (down 27% from FY 2021). Profit margin: 11% (up from 9.7% 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 5% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Nov 18
Third quarter 2022 earnings released: EPS: NT$0.85 (vs NT$1.02 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.85 (down from NT$1.02 in 3Q 2021). Revenue: NT$1.39b (down 43% from 3Q 2021). Net income: NT$193.7m (down 16% from 3Q 2021). Profit margin: 14% (up from 9.5% in 3Q 2021). 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 but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 18
Upcoming dividend of NT$3.25 per share Eligible shareholders must have bought the stock before 25 August 2022. Payment date: 21 September 2022. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 9.2%. Within top quartile of Taiwanese dividend payers (6.4%). Higher than average of industry peers (4.4%). Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$0.82 (vs NT$1.05 in 2Q 2021) Second quarter 2022 results: EPS: NT$0.82 (down from NT$1.05 in 2Q 2021). Revenue: NT$1.69b (down 38% from 2Q 2021). Net income: NT$186.9m (down 22% from 2Q 2021). Profit margin: 11% (up from 8.8% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Annuncio • Aug 10
Channel Well Technology Co.,Ltd. Announces Cash Dividend, Payable on September 21, 2022 Channel Well Technology Co.,Ltd. announced cash dividend distribution for common shares is TWD 739,020,958 or TWD 3.25 per share will be distributed. Ex-rights (Ex-dividend) date is August 25, 2022. Ex-rights (Ex-dividend) record date is August 31, 2022. Payment date of cash dividend distribution is September 21, 2022. Reported Earnings • May 15
First quarter 2022 earnings released: EPS: NT$0.79 (vs NT$1.33 in 1Q 2021) First quarter 2022 results: EPS: NT$0.79 (down from NT$1.33 in 1Q 2021). Revenue: NT$1.66b (down 39% from 1Q 2021). Net income: NT$179.2m (down 41% from 1Q 2021). Profit margin: 11% (in line with 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% 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 • Apr 01
Full year 2021 earnings released: EPS: NT$4.30 (vs NT$4.55 in FY 2020) Full year 2021 results: EPS: NT$4.30 (down from NT$4.55 in FY 2020). Revenue: NT$10.1b (up 34% from FY 2020). Net income: NT$978.0m (down 5.4% from FY 2020). Profit margin: 9.7% (down from 14% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Mar 07
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 2.8%. The fair value is estimated to be NT$49.66, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% per annum over the last 3 years. Earnings per share has grown by 28% per annum over the last 3 years. Reported Earnings • Nov 12
Third quarter 2021 earnings released: EPS NT$1.01 (vs NT$1.47 in 3Q 2020) The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$2.43b (up 9.1% from 3Q 2020). Net income: NT$230.7m (down 31% from 3Q 2020). Profit margin: 9.5% (down from 15% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$39.80, the stock trades at a trailing P/E ratio of 7.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 60% over the past three years. Upcoming Dividend • Aug 23
Upcoming dividend of NT$3.15 per share Eligible shareholders must have bought the stock before 30 August 2021. Payment date: 30 September 2021. Trailing yield: 7.0%. Within top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%). Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS NT$1.06 (vs NT$1.12 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$2.73b (up 50% from 2Q 2020). Net income: NT$239.8m (down 5.5% from 2Q 2020). Profit margin: 8.8% (down from 14% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 16
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$47.85, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 74% over the past three years. Reported Earnings • May 11
First quarter 2021 earnings released: EPS NT$1.33 (vs NT$0.39 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$2.72b (up 196% from 1Q 2020). Net income: NT$303.2m (up 240% from 1Q 2020). Profit margin: 11% (up from 9.7% 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 18% per year whereas the company’s share price has increased by 21% per year. Reported Earnings • Mar 25
Full year 2020 earnings released: EPS NT$4.55 (vs NT$2.49 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$7.56b (up 44% from FY 2019). Net income: NT$1.03b (up 83% from FY 2019). Profit margin: 14% (up from 11% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improved over the past week After last week's 21% share price gain to NT$52.40, the stock is trading at a trailing P/E ratio of 14.5x, up from the previous P/E ratio of 12x. This compares to an average P/E of 19x in the Electronic industry in Taiwan. Total returns to shareholders over the past three years are 89%. Is New 90 Day High Low • Feb 20
New 90-day high: NT$47.70 The company is up 9.0% from its price of NT$43.85 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 24% over the same period. Is New 90 Day High Low • Dec 28
New 90-day high: NT$47.15 The company is up 15% from its price of NT$41.00 on 30 September 2020. The Taiwanese market is also up 15% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electronic industry, which is up 17% over the same period. Reported Earnings • Nov 13
Third quarter 2020 earnings released: EPS NT$1.46 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$2.22b (up 54% from 3Q 2019). Net income: NT$333.2m (up 67% from 3Q 2019). Profit margin: 15% (up from 14% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.