Buy Or Sell Opportunity • Apr 30
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 67% to NT$39.70. The fair value is estimated to be NT$31.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 2.7% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Apr 21
Full year 2025 earnings released: NT$3.18 loss per share (vs NT$0.052 profit in FY 2024) Full year 2025 results: NT$3.18 loss per share (down from NT$0.052 profit in FY 2024). Revenue: NT$1.59b (down 14% from FY 2024). Net loss: NT$310.4m (down NT$315.5m from profit in FY 2024). 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 12% per year, which means it is significantly lagging earnings growth. New Risk • Apr 20
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 12% 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 (12% average weekly change). Earnings have declined by 39% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Annuncio • Mar 27
Entire Technology Co., Ltd., Annual General Meeting, Jun 18, 2026 Entire Technology Co., Ltd., Annual General Meeting, Jun 18, 2026. Location: no,12, kung yeh 5th rd., pingjhen district, taoyuan city Taiwan New Risk • Mar 16
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 8.2% 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$83m free cash flow). Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Share price has been volatile over the past 3 months (8.2% average weekly change). Market cap is less than US$100m (NT$2.35b market cap, or US$73.5m). New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$83m free cash flow). Earnings have declined by 39% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (NT$2.11b market cap, or US$67.1m). New Risk • Jul 30
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$2.87b (US$96.6m) 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 (currently running at an operating cash loss). Minor Risk Market cap is less than US$100m (NT$2.87b market cap, or US$96.6m). Reported Earnings • Apr 09
Full year 2024 earnings released: EPS: NT$0.05 (vs NT$3.39 loss in FY 2023) Full year 2024 results: EPS: NT$0.05 (up from NT$3.39 loss in FY 2023). Revenue: NT$1.86b (up 4.4% from FY 2023). Net income: NT$5.03m (up NT$322.1m from FY 2023). Profit margin: 0.3% (up from net loss in FY 2023). 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 12% per year. New Risk • Apr 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.03b (US$91.7m) 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 Risks Share price has been highly volatile over the past 3 months (9.7% average weekly change). Earnings have declined by 63% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (NT$3.03b market cap, or US$91.7m). New Risk • Mar 24
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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$135m free cash flow). Earnings have declined by 63% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (6.2% average weekly change). Annuncio • Mar 19
Entire Technology Co., Ltd., Annual General Meeting, Jun 26, 2025 Entire Technology Co., Ltd., Annual General Meeting, Jun 26, 2025. Location: no,12, kung yeh 5th rd., pingjhen district, taoyuan city Taiwan New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$135m free cash flow). Earnings have declined by 63% per year over the past 5 years. Minor Risk Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). New Risk • Oct 01
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 9.4% 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 Less than 1 year of cash runway based on free cash flow trend (-NT$135m free cash flow). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Earnings have declined by 63% per year over the past 5 years. New Risk • Jul 16
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 7.0% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-NT$351m free cash flow). Earnings have declined by 62% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (7.0% average weekly change). Annuncio • Apr 11
Entire Technology Co., Ltd., Annual General Meeting, Jun 27, 2024 Entire Technology Co., Ltd., Annual General Meeting, Jun 27, 2024. Reported Earnings • Apr 03
Full year 2023 earnings released: NT$3.39 loss per share (vs NT$2.37 loss in FY 2022) Full year 2023 results: NT$3.39 loss per share (further deteriorated from NT$2.37 loss in FY 2022). Revenue: NT$1.78b (up 8.9% from FY 2022). Net loss: NT$317.1m (loss widened 70% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance. New Risk • Feb 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$366m free cash flow). Share price has been highly volatile over the past 3 months (7.8% average weekly change). Earnings have declined by 64% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$2.72b market cap, or US$86.1m). New Risk • Jan 30
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 Risks Less than 1 year of cash runway based on free cash flow trend (-NT$366m free cash flow). Earnings have declined by 64% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$2.45b market cap, or US$78.6m). New Risk • Aug 18
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -NT$366m This is considered a major 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: Major Risks Less than 1 year of cash runway based on free cash flow trend (-NT$366m free cash flow). Earnings have declined by 64% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (NT$1.69b market cap, or US$52.8m). Reported Earnings • Apr 20
Full year 2022 earnings released: NT$2.37 loss per share (vs NT$1.51 loss in FY 2021) Full year 2022 results: NT$2.37 loss per share (further deteriorated from NT$1.51 loss in FY 2021). Revenue: NT$1.64b (down 28% from FY 2021). Net loss: NT$187.1m (loss widened 65% from FY 2021). 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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 15
First half 2022 earnings released: NT$0.94 loss per share (vs NT$0.036 loss in 1H 2021) First half 2022 results: NT$0.94 loss per share (down from NT$0.036 loss in 1H 2021). Revenue: NT$907.6m (down 28% from 1H 2021). Net loss: NT$74.0m (loss widened NT$71.4m from 1H 2021). Board Change • Apr 27
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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 25
Investor sentiment improved over the past week After last week's 27% share price gain to NT$39.45, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total loss to shareholders of 46% over the past year. Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment deteriorated over the past week After last week's 18% share price decline to NT$29.60, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 15x in the Electronic industry in Taiwan. Total loss to shareholders of 55% over the past year. Valuation Update With 7 Day Price Move • May 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to NT$45.95, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS NT$2.87 (vs NT$2.09 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.94b (up 2.8% from FY 2019). Net income: NT$208.0m (up 33% from FY 2019). Profit margin: 7.1% (up from 5.5% in FY 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Feb 18
New 90-day low: NT$62.40 The company is down 12% from its price of NT$71.00 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 22% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: NT$75.30 The company is up 8.0% from its price of NT$69.80 on 07 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 16% over the same period. Reported Earnings • Nov 28
Third quarter 2020 earnings released: EPS NT$1.07 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$823.4m (up 23% from 3Q 2019). Net income: NT$77.5m (up 166% from 3Q 2019). Profit margin: 9.4% (up from 4.4% in 3Q 2019). The increase in margin was driven by higher revenue. Is New 90 Day High Low • Nov 28
New 90-day high: NT$74.20 The company is up 14% from its price of NT$65.20 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 7.0% over the same period.