Reported Earnings • Mar 12
Full year 2025 earnings released: NT$0.83 loss per share (vs NT$0.042 loss in FY 2024) Full year 2025 results: NT$0.83 loss per share (further deteriorated from NT$0.042 loss in FY 2024). Revenue: NT$1.08b (up 12% from FY 2024). Net loss: NT$46.2m (loss widened NT$43.9m from FY 2024). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 26% per year, which means it has not declined as severely as earnings. Annuncio • Mar 11
Cypress Technology Co.,Ltd., Annual General Meeting, Jun 08, 2026 Cypress Technology Co.,Ltd., Annual General Meeting, Jun 08, 2026. Location: 5-1 floor no,130, chien k`ang rd., jhonghe district, new taipei city Taiwan Reported Earnings • Nov 12
Third quarter 2025 earnings released: EPS: NT$0.30 (vs NT$0.18 loss in 3Q 2024) Third quarter 2025 results: EPS: NT$0.30 (up from NT$0.18 loss in 3Q 2024). Revenue: NT$256.7m (down 5.1% from 3Q 2024). Net income: NT$16.8m (up NT$26.9m from 3Q 2024). Profit margin: 6.5% (up from net loss in 3Q 2024). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 17
Second quarter 2025 earnings released: NT$1.08 loss per share (vs NT$0.42 loss in 2Q 2024) Second quarter 2025 results: NT$1.08 loss per share (further deteriorated from NT$0.42 loss in 2Q 2024). Revenue: NT$304.1m (up 45% from 2Q 2024). Net loss: NT$60.6m (loss widened 157% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Reported Earnings • May 14
First quarter 2025 earnings released: EPS: NT$0.06 (vs NT$0.039 in 1Q 2024) First quarter 2025 results: EPS: NT$0.06 (up from NT$0.039 in 1Q 2024). Revenue: NT$253.1m (up 20% from 1Q 2024). Net income: NT$3.59m (up 64% from 1Q 2024). Profit margin: 1.4% (up from 1.0% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance. Annuncio • Apr 29
Cypress Technology Co.,Ltd. to Report Q1, 2025 Results on May 09, 2025 Cypress Technology Co.,Ltd. announced that they will report Q1, 2025 results on May 09, 2025 Reported Earnings • Mar 15
Full year 2024 earnings released: NT$0.04 loss per share (vs NT$5.54 loss in FY 2023) Full year 2024 results: NT$0.04 loss per share (improved from NT$5.54 loss in FY 2023). Revenue: NT$967.0m (down 28% from FY 2023). Net loss: NT$2.35m (loss narrowed 99% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Annuncio • Mar 12
Cypress Technology Co.,Ltd., Annual General Meeting, Jun 11, 2025 Cypress Technology Co.,Ltd., Annual General Meeting, Jun 11, 2025. Location: 5-1 floor no,130, chien k`ang rd., jhonghe district, new taipei city Taiwan Annuncio • Mar 01
Cypress Technology Co.,Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025 Cypress Technology Co.,Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025 Reported Earnings • Nov 19
Third quarter 2024 earnings released: NT$0.18 loss per share (vs NT$0.76 profit in 3Q 2023) Third quarter 2024 results: NT$0.18 loss per share (down from NT$0.76 profit in 3Q 2023). Revenue: NT$270.4m (down 28% from 3Q 2023). Net loss: NT$10.1m (down 124% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 72 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 14
Second quarter 2024 earnings released: NT$0.42 loss per share (vs NT$1.20 loss in 2Q 2023) Second quarter 2024 results: NT$0.42 loss per share (improved from NT$1.20 loss in 2Q 2023). Revenue: NT$210.2m (down 40% from 2Q 2023). Net loss: NT$23.6m (loss narrowed 65% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Annuncio • Jul 27
Cypress Technology Co.,Ltd. to Report Q2, 2024 Results on Aug 06, 2024 Cypress Technology Co.,Ltd. announced that they will report Q2, 2024 results on Aug 06, 2024 Reported Earnings • May 19
First quarter 2024 earnings released: EPS: NT$0.04 (vs NT$0.59 in 1Q 2023) First quarter 2024 results: EPS: NT$0.04 (down from NT$0.59 in 1Q 2023). Revenue: NT$211.3m (down 44% from 1Q 2023). Net income: NT$2.19m (down 93% from 1Q 2023). Profit margin: 1.0% (down from 8.7% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 60% 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 • May 01
Cypress Technology Co.,Ltd. to Report Q1, 2024 Results on May 07, 2024 Cypress Technology Co.,Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 07, 2024 Annuncio • Mar 27
Cypress Technology Co.,Ltd., Annual General Meeting, Jun 20, 2024 Cypress Technology Co.,Ltd., Annual General Meeting, Jun 20, 2024. Reported Earnings • Mar 20
Full year 2023 earnings released: NT$5.54 loss per share (vs NT$5.32 profit in FY 2022) Full year 2023 results: NT$5.54 loss per share (down from NT$5.32 profit in FY 2022). Revenue: NT$1.34b (down 32% from FY 2022). Net loss: NT$308.7m (down 204% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 09
Third quarter 2023 earnings released: EPS: NT$0.75 (vs NT$1.65 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.75 (down from NT$1.65 in 3Q 2022). Revenue: NT$377.5m (down 26% from 3Q 2022). Net income: NT$42.1m (down 55% from 3Q 2022). Profit margin: 11% (down from 18% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Annuncio • Nov 08
Cypress Technology Co.,Ltd. Announces Appointment of Information Security Unit Chief Officer Cypress Technology Co.,Ltd. announced the appointment of Information security unit chief officer. Type of personnel changed: information security unit chief officer. Date of occurrence of the change: 2023/11/07. Name, title, and resume of the new position holder: LIN, JUI-CHIA /Cypress Manager of IT Dept. Type of change (please enter resignation. Reason for the change: new replacement Effective date is November 7, 2023. New Risk • Aug 11
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 370% Cash payout ratio: 204% Dividend yield: 12% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 370% Cash payout ratio: 204% Earnings have declined by 2.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (4.5% net profit margin). Market cap is less than US$100m (NT$2.34b market cap, or US$73.5m). Reported Earnings • Aug 11
Second quarter 2023 earnings released: NT$1.20 loss per share (vs NT$1.58 profit in 2Q 2022) Second quarter 2023 results: NT$1.20 loss per share (down from NT$1.58 profit in 2Q 2022). Revenue: NT$352.5m (down 34% from 2Q 2022). Net loss: NT$66.7m (down 175% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Annuncio • Aug 10
Cypress Technology Co.,Ltd. to Report Q2, 2023 Results on Aug 08, 2023 Cypress Technology Co.,Ltd. announced that they will report Q2, 2023 results on Aug 08, 2023 Buying Opportunity • Jul 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 27%. The fair value is estimated to be NT$55.74, 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 13%. New Risk • Jun 09
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.02b (US$98.1m) 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 Dividend is not well covered by earnings (121% payout ratio). Market cap is less than US$100m (NT$3.02b market cap, or US$98.1m). Annuncio • Jun 07
Cypress Technology Co.,Ltd. Announces Executive Appointments Cypress Technology Co.,Ltd. at its AGM held on June 6, 2023 appointed LEI, SHU-FEN, WANG, CHUN-HSI and CHOU, CHIN-HSIUNG as directors. WANG, TIEN-SHENG and CHEN, CHIEN-TING appointed as independent directors. Upcoming Dividend • Jun 01
Upcoming dividend of NT$5.00 per share at 8.2% yield Eligible shareholders must have bought the stock before 08 June 2023. Payment date: 05 July 2023. Payout ratio is on the higher end at 94%, however this is supported by cash flows. Trailing yield: 8.2%. Within top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (4.4%). Annuncio • May 11
Cypress Technology Co.,Ltd. to Report Q1, 2023 Results on May 09, 2023 Cypress Technology Co.,Ltd. announced that they will report Q1, 2023 results on May 09, 2023 Reported Earnings • Mar 24
Full year 2022 earnings released: EPS: NT$5.32 (vs NT$3.38 in FY 2021) Full year 2022 results: EPS: NT$5.32 (up from NT$3.38 in FY 2021). Revenue: NT$1.96b (up 18% from FY 2021). Net income: NT$297.6m (up 56% from FY 2021). Profit margin: 15% (up from 12% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. 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 an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Han-Chieh Lo was the last independent director to join the board, commencing their role in 2021. 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 • Nov 12
Third quarter 2022 earnings released: EPS: NT$1.65 (vs NT$1.10 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.65 (up from NT$1.10 in 3Q 2021). Revenue: NT$508.8m (up 19% from 3Q 2021). Net income: NT$92.6m (up 49% from 3Q 2021). Profit margin: 18% (up from 14% in 3Q 2021). The increase in margin was 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 fallen by 12% per year, which means it is performing significantly worse than earnings. Reported Earnings • Aug 10
Second quarter 2022 earnings released: EPS: NT$1.58 (vs NT$0.87 in 2Q 2021) Second quarter 2022 results: EPS: NT$1.58 (up from NT$0.87 in 2Q 2021). Revenue: NT$533.4m (up 37% from 2Q 2021). Net income: NT$88.7m (up 80% from 2Q 2021). Profit margin: 17% (up from 13% in 2Q 2021). The increase in margin was driven by higher 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 7% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 22
Upcoming dividend of NT$3.03 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 26 July 2022. Payout ratio is a comfortable 66% and the cash payout ratio is 75%. Trailing yield: 4.9%. Lower than top quartile of Taiwanese dividend payers (6.2%). In line with average of industry peers (4.5%). Reported Earnings • May 16
First quarter 2022 earnings released: EPS: NT$1.77 (vs NT$0.53 in 1Q 2021) First quarter 2022 results: EPS: NT$1.77 (up from NT$0.53 in 1Q 2021). Revenue: NT$494.5m (up 34% from 1Q 2021). Net income: NT$99.9m (up 232% from 1Q 2021). Profit margin: 20% (up from 8.1% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • May 13
Cypress Technology Co.,Ltd. Announce Cash Dividends of the Year 2022, Payable on July 26, 2022 Cypress Technology Co.,Ltd. announced appropriations of earnings in cash dividends to shareholders (TWD 3 per share). Ex-dividend date is June 29, 2022. and payment date of cash dividend distribution is July 26, 2022. 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 an independent director. The company's board is composed of: 1 new director. 10 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Han-Chieh Lo was the last independent director to join the board, commencing their role in 2021. 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 • Nov 12
Third quarter 2021 earnings released: EPS NT$1.10 (vs NT$0.42 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$428.3m (up 23% from 3Q 2020). Net income: NT$62.2m (up 190% from 3Q 2020). Profit margin: 14% (up from 6.2% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improved over the past week After last week's 17% share price gain to NT$65.60, the stock trades at a trailing P/E ratio of 32.3x. Average trailing P/E is 16x in the Electronic industry in Taiwan. Total returns to shareholders of 23% over the past three years. Reported Earnings • Aug 18
Second quarter 2021 earnings released: EPS NT$0.87 (vs NT$0.45 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: NT$390.1m (down 16% from 2Q 2020). Net income: NT$49.2m (up 110% from 2Q 2020). Profit margin: 13% (up from 5.0% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jul 27
Upcoming dividend of NT$2.02 per share Eligible shareholders must have bought the stock before 03 August 2021. Payment date: 31 August 2021. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.0%). Reported Earnings • May 16
First quarter 2021 earnings released: EPS NT$0.53 (vs NT$1.21 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$369.5m (down 28% from 1Q 2020). Net income: NT$30.1m (down 52% from 1Q 2020). Profit margin: 8.1% (down from 12% in 1Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 11% per year. Reported Earnings • Mar 30
Full year 2020 earnings released: EPS NT$2.35 (vs NT$5.67 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$1.66b (down 26% from FY 2019). Net income: NT$121.0m (down 59% from FY 2019). Profit margin: 7.3% (down from 13% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 11% per year. Executive Departure • Mar 26
Independent Director has left the company On the 24th of March, Wen-Chieh Lien's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Wen-Chieh's name. Wen-Chieh is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Feb 21
New 90-day low: NT$49.65 The company is down 19% from its price of NT$61.00 on 20 November 2020. The Taiwanese market is up 18% 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 • Jan 29
New 90-day low: NT$51.20 The company is down 14% from its price of NT$59.40 on 30 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 30% over the same period. Is New 90 Day High Low • Jan 12
New 90-day low: NT$54.60 The company is down 7.0% from its price of NT$59.00 on 15 October 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 25% over the same period. Is New 90 Day High Low • Dec 12
New 90-day low: NT$57.90 The company is down 6.0% from its price of NT$61.80 on 11 September 2020. The Taiwanese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 13% over the same period. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS NT$0.42 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$348.1m (down 27% from 3Q 2019). Net income: NT$21.4m (down 64% from 3Q 2019). Profit margin: 6.2% (down from 12% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 18% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Nov 04
New 90-day low: NT$58.30 The company is down 17% from its price of NT$70.30 on 06 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 5.0% over the same period. Is New 90 Day High Low • Oct 12
New 90-day low: NT$58.50 The company is down 20% from its price of NT$73.21 on 14 July 2020. The Taiwanese market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 24
New 90-day low: NT$60.60 The company is down 20% from its price of NT$75.30 on 24 June 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is flat over the same period.