Reported Earnings • Mar 17
Full year 2025 earnings released: EPS: NT$2.44 (vs NT$0.58 in FY 2024) Full year 2025 results: EPS: NT$2.44 (up from NT$0.58 in FY 2024). Revenue: NT$1.43b (up 63% from FY 2024). Net income: NT$267.7m (up 389% from FY 2024). Profit margin: 19% (up from 6.2% in FY 2024). 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 13% per year, which means it has not declined as severely as earnings. Annuncio • Mar 13
Huang Long Development Co.,Ltd., Annual General Meeting, Jun 11, 2026 Huang Long Development Co.,Ltd., Annual General Meeting, Jun 11, 2026. Location: 5 floor no,9, wu kung 6th rd., wugu district, new taipei city Taiwan Reported Earnings • Nov 15
Third quarter 2025 earnings released: NT$0.22 loss per share (vs NT$0.42 loss in 3Q 2024) Third quarter 2025 results: NT$0.22 loss per share (improved from NT$0.42 loss in 3Q 2024). Revenue: NT$11.5m (up 162% from 3Q 2024). Net loss: NT$24.6m (loss narrowed 40% from 3Q 2024). 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 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$0.15 loss per share (vs NT$0.001 profit in 2Q 2024) Second quarter 2025 results: NT$0.15 loss per share (down from NT$0.001 profit in 2Q 2024). Revenue: NT$53.2m (down 62% from 2Q 2024). Net loss: NT$17.1m (down NT$17.2m from profit in 2Q 2024). 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 8% per year, which means it has not declined as severely as earnings. Declared Dividend • Jun 23
Dividend of NT$1.20 announced Shareholders will receive a dividend of NT$1.20. Ex-date: 7th July 2025 Payment date: 4th August 2025 Dividend yield will be 4.6%, which is higher than the industry average of 4.0%. Sustainability & Growth Dividend is not covered by earnings (104% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control, which is more than the 7.0% EPS growth achieved over the last 5 years. Annuncio • Jun 21
Huang Long Development Co.,Ltd. Announces Cash Dividend, Payable on August 4, 2025 Huang Long Development Co.,Ltd. announced the record date for dividend distribution. Type and monetary amount of dividend distribution: Cash dividends, TWD 135,686,846 (TWD 1.2 per common share). Ex-rights (Ex-dividend) date is July 7, 2025. Ex-rights (Ex-dividend) record date is July 13, 2025. Payment date of cash dividend distribution is August 4, 2025. Reported Earnings • May 16
First quarter 2025 earnings released: EPS: NT$1.23 (vs NT$0.74 in 1Q 2024) First quarter 2025 results: EPS: NT$1.23 (up from NT$0.74 in 1Q 2024). Revenue: NT$707.6m (up 46% from 1Q 2024). Net income: NT$122.5m (up 91% from 1Q 2024). Profit margin: 17% (up from 13% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • May 07
Huang Long Development Co.,Ltd. to Report Q1, 2025 Results on May 14, 2025 Huang Long Development Co.,Ltd. announced that they will report Q1, 2025 results on May 14, 2025 New Risk • Apr 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (NT$2.99b market cap, or US$91.8m). Annuncio • Apr 09
Huang Long Development Co.,Ltd. Approves Adjustment of Retained Earnings Distribution Huang Long Development Co.,Ltd. board of directors or shareholders meeting on April 08, 2025 approved Appropriations of earnings in cash dividends to shareholders TWD 1 per share/Total TWD 113,072,3723.Type and monetary amount of dividend distribution after the change: Appropriations of earnings in cash dividends to shareholders TWD 1.2 per share/Total TWD 135,686,8464. Reason for the change: Increase on Retained Earnings Distribution . Any other matters that need to be specified: Before revision Undistributed earnings at the end of the period TWD 148,007,590/after revision TWD 125,393,116. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to NT$22.15, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total loss to shareholders of 15% over the past three years. New Risk • Mar 20
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.2% Last year net profit margin: 16% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. High level of non-cash earnings (23% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (6.2% net profit margin). Market cap is less than US$100m (NT$2.73b market cap, or US$82.6m). Annuncio • Mar 06
Huang Long Development Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025 Huang Long Development Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025 New Risk • Nov 19
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 26% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$2.79b market cap, or US$85.7m). Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.42 loss per share (vs NT$1.53 profit in 3Q 2023) Third quarter 2024 results: NT$0.42 loss per share (down from NT$1.53 profit in 3Q 2023). Revenue: NT$4.39m (down 100% from 3Q 2023). Net loss: NT$41.0m (down 132% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Annuncio • Nov 15
Huang Long Development Co.,Ltd. announced that it expects to receive TWD 400 million in funding Huang Long Development Co.,Ltd. announced a private placement to issue 16,000,000 shares at an issue price of TWD 25 per share for the gross proceeds of TWD 400,000,000 on November 13, 2024. The transaction has been approved by shareholders of company. Annuncio • Nov 06
Huang Long Development Co.,Ltd. to Report Q3, 2024 Results on Nov 13, 2024 Huang Long Development Co.,Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024 New Risk • Oct 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.19b (US$99.7m) 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 Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (131% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$3.19b market cap, or US$99.7m). Reported Earnings • Aug 17
Second quarter 2024 earnings released: EPS: NT$0.001 (vs NT$0.15 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$0.001 (up from NT$0.15 loss in 2Q 2023). Revenue: NT$140.8m (down 49% from 2Q 2023). Net income: NT$133.0k (up NT$12.7m from 2Q 2023). Profit margin: 0.1% (up from net loss in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 6% per year. New Risk • Aug 06
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$98.2m) 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: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). Market cap is less than US$100m (NT$3.22b market cap, or US$98.2m). Annuncio • Aug 03
Huang Long Development Co.,Ltd. to Report Q2, 2024 Results on Aug 12, 2024 Huang Long Development Co.,Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024 Valuation Update With 7 Day Price Move • Jul 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to NT$36.90, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 26x in the Electronic industry in Taiwan. Total returns to shareholders of 53% over the past three years. Buy Or Sell Opportunity • Jul 05
Now 29% undervalued The stock has been flat over the last 90 days, currently trading at NT$37.45. The fair value is estimated to be NT$52.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 05
Now 28% undervalued The stock has been flat over the last 90 days, currently trading at NT$38.05. The fair value is estimated to be NT$52.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 03
Now 26% undervalued Over the last 90 days, the stock has risen 1.9% to NT$38.50. The fair value is estimated to be NT$51.95, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 02
Now 26% undervalued Over the last 90 days, the stock has risen 1.6% to NT$38.40. The fair value is estimated to be NT$51.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Upcoming Dividend • Jun 25
Upcoming dividend of NT$3.21 per share Eligible shareholders must have bought the stock before 02 July 2024. Payment date: 30 July 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 8.3%. Within top quartile of Taiwanese dividend payers (4.3%). Higher than average of industry peers (2.6%). New Risk • Jun 08
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 16% 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 Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risks Dividend is not well covered by cash flows (101% cash payout ratio). Large one-off items impacting financial results. Shareholders have been diluted in the past year (16% increase in shares outstanding). Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.74 (vs NT$0.69 in 1Q 2023) First quarter 2024 results: EPS: NT$0.74 (up from NT$0.69 in 1Q 2023). Revenue: NT$485.5m (down 46% from 1Q 2023). Net income: NT$64.1m (up 10% from 1Q 2023). Profit margin: 13% (up from 6.5% in 1Q 2023). 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 10% per year, which means it is well ahead of earnings. Annuncio • May 05
Huang Long Development Co.,Ltd. to Report Q1, 2024 Results on May 10, 2024 Huang Long Development Co.,Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 10, 2024 Valuation Update With 7 Day Price Move • May 03
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to NT$47.55, the stock trades at a trailing P/E ratio of 8.9x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 68% over the past three years. Annuncio • Mar 22
Huang Long Development Co.,Ltd., Annual General Meeting, Jun 13, 2024 Huang Long Development Co.,Ltd., Annual General Meeting, Jun 13, 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: EPS: NT$5.45 (vs NT$3.88 in FY 2022) Full year 2023 results: EPS: NT$5.45 (up from NT$3.88 in FY 2022). Revenue: NT$2.96b (up 32% from FY 2022). Net income: NT$458.3m (up 41% from FY 2022). Profit margin: 16% (up from 14% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 3% per year and the company’s share price has also fallen by 3% per year. Buy Or Sell Opportunity • Mar 15
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to NT$33.55. The fair value is estimated to be NT$42.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 2.7% over the last 3 years. Earnings per share has declined by 4.5%. New Risk • Aug 13
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 12% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (12% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 394% Cash payout ratio: 99% Minor Risks Profit margins are more than 30% lower than last year (3.8% net profit margin). Market cap is less than US$100m (NT$2.46b market cap, or US$77.2m). Reported Earnings • Aug 12
Second quarter 2023 earnings released: NT$0.15 loss per share (vs NT$2.07 profit in 2Q 2022) Second quarter 2023 results: NT$0.15 loss per share (down from NT$2.07 profit in 2Q 2022). Revenue: NT$277.7m (down 73% from 2Q 2022). Net loss: NT$12.6m (down 107% from profit in 2Q 2022). 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 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 11
Upcoming dividend of NT$3.00 per share at 9.4% yield Eligible shareholders must have bought the stock before 18 July 2023. Payment date: 14 August 2023. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 9.4%. Within top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.3%). Reported Earnings • Apr 01
Full year 2022 earnings released: EPS: NT$3.88 (vs NT$3.79 in FY 2021) Full year 2022 results: EPS: NT$3.88 (up from NT$3.79 in FY 2021). Revenue: NT$2.24b (up 1.3% from FY 2021). Net income: NT$326.1m (up 2.6% from FY 2021). Profit margin: 14% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 19
Third quarter 2022 earnings released: EPS: NT$0.68 (vs NT$1.27 in 3Q 2021) Third quarter 2022 results: EPS: NT$0.68 (down from NT$1.27 in 3Q 2021). Revenue: NT$458.7m (down 16% from 3Q 2021). Net income: NT$57.2m (down 46% from 3Q 2021). Profit margin: 13% (down from 20% 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 67% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 15
Second quarter 2022 earnings released: EPS: NT$2.07 (vs NT$1.05 in 2Q 2021) Second quarter 2022 results: EPS: NT$2.07 (up from NT$1.05 in 2Q 2021). Revenue: NT$1.03b (up 60% from 2Q 2021). Net income: NT$173.8m (up 97% from 2Q 2021). Profit margin: 17% (up from 14% 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 73% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 06
Upcoming dividend of NT$3.00 per share Eligible shareholders must have bought the stock before 13 July 2022. Payment date: 10 August 2022. Payout ratio is a comfortable 66% but the company is not cash flow positive. Trailing yield: 9.0%. Within top quartile of Taiwanese dividend payers (6.6%). Higher than average of industry peers (4.9%). Reported Earnings • May 18
First quarter 2022 earnings released: EPS: NT$1.59 (vs NT$0.84 in 1Q 2021) First quarter 2022 results: EPS: NT$1.59 (up from NT$0.84 in 1Q 2021). Revenue: NT$689.1m (up 4.7% from 1Q 2021). Net income: NT$133.8m (up 89% from 1Q 2021). Profit margin: 19% (up from 11% in 1Q 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 03
Full year 2021 earnings released: EPS: NT$3.79 (vs NT$2.63 in FY 2020) Full year 2021 results: EPS: NT$3.79 (up from NT$2.63 in FY 2020). Revenue: NT$2.21b (down 8.3% from FY 2020). Net income: NT$317.9m (up 57% from FY 2020). Profit margin: 14% (up from 8.4% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 17
Third quarter 2021 earnings released: EPS NT$1.27 (vs NT$0.50 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$548.1m (up 15% from 3Q 2020). Net income: NT$106.7m (up 159% from 3Q 2020). Profit margin: 20% (up from 8.6% 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 100% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 15
Second quarter 2021 earnings released: EPS NT$1.05 (vs NT$1.50 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: NT$645.3m (down 34% from 2Q 2020). Net income: NT$88.0m (down 18% from 2Q 2020). Profit margin: 14% (up from 11% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 12
Upcoming dividend of NT$2.00 per share Eligible shareholders must have bought the stock before 19 August 2021. Payment date: 15 September 2021. Trailing yield: 6.2%. Within top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (3.1%). Reported Earnings • May 15
First quarter 2021 earnings released: EPS NT$0.84 (vs NT$0.26 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$658.4m (up 152% from 1Q 2020). Net income: NT$70.7m (up NT$88.9m from 1Q 2020). Profit margin: 11% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment improved over the past week After last week's 21% share price gain to NT$44.65, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 20x in the Electronic industry in Taiwan. Total returns to shareholders of 16% over the past three years. Reported Earnings • Mar 31
Full year 2020 earnings released: EPS NT$2.63 (vs NT$0.32 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.41b (up 83% from FY 2019). Net income: NT$202.8m (up NT$180.3m from FY 2019). Profit margin: 8.4% (up from 1.7% 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 105% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improved over the past week After last week's 19% share price gain to NT$37.95, the stock is trading at a trailing P/E ratio of 22.6x, up from the previous P/E ratio of 19.1x. 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 6.3%. Is New 90 Day High Low • Feb 21
New 90-day high: NT$32.00 The company is up 22% from its price of NT$26.30 on 20 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 24% over the same period. Is New 90 Day High Low • Jan 27
New 90-day high: NT$29.85 The company is up 16% from its price of NT$25.80 on 30 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 21
New 90-day high: NT$29.05 The company is up 8.0% from its price of NT$26.85 on 23 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 11% over the same period. Is New 90 Day High Low • Dec 03
New 90-day high: NT$28.10 The company is up 1.0% from its price of NT$27.95 on 04 September 2020. The Taiwanese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 7.0% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.50 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$476.3m (up 111% from 3Q 2019). Net income: NT$41.1m (up NT$46.5m from 3Q 2019). Profit margin: 8.6% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.