Annuncio • Mar 09
Favite, Inc., Annual General Meeting, May 29, 2026 Favite, Inc., Annual General Meeting, May 29, 2026. Location: no,197, sec.2 huan pei rd., jhubei city, hsinchu county Taiwan Reported Earnings • Mar 09
Full year 2025 earnings released: NT$1.07 loss per share (vs NT$0.69 profit in FY 2024) Full year 2025 results: NT$1.07 loss per share (down from NT$0.69 profit in FY 2024). Revenue: NT$459.9m (down 31% from FY 2024). Net loss: NT$84.3m (down 255% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 191 percentage points per year, which is a significant difference in performance. New Risk • Dec 17
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 8.4% 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 Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. New Risk • Nov 08
New major risk - Revenue and earnings growth Earnings have declined by 6.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). Earnings have declined by 6.3% per year over the past 5 years. Reported Earnings • Nov 08
Third quarter 2025 earnings released: NT$0.05 loss per share (vs NT$0.31 loss in 3Q 2024) Third quarter 2025 results: NT$0.05 loss per share (improved from NT$0.31 loss in 3Q 2024). Revenue: NT$110.3m (down 8.6% from 3Q 2024). Net loss: NT$4.29m (loss narrowed 82% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 154 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2025 earnings released: NT$1.20 loss per share (vs NT$1.38 profit in 2Q 2024) Second quarter 2025 results: NT$1.20 loss per share (down from NT$1.38 profit in 2Q 2024). Revenue: NT$53.0m (down 87% from 2Q 2024). Net loss: NT$94.7m (down 187% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 134 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Aug 08
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 15 August 2025. Payment date: 12 September 2025. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 0.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (2.7%). New Risk • Jun 30
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 10% 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. Reported Earnings • May 14
First quarter 2025 earnings released: NT$0.48 loss per share (vs NT$0.13 loss in 1Q 2024) First quarter 2025 results: NT$0.48 loss per share (further deteriorated from NT$0.13 loss in 1Q 2024). Revenue: NT$50.9m (down 12% from 1Q 2024). Net loss: NT$38.2m (loss widened 281% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Annuncio • May 01
Favite, Inc. to Report Q1, 2025 Results on May 09, 2025 Favite, Inc. announced that they will report Q1, 2025 results on May 09, 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$30.50, the stock trades at a trailing P/E ratio of 44.2x. Average trailing P/E is 17x in the Electronic industry in Taiwan. Total returns to shareholders of 47% over the past three years. Buy Or Sell Opportunity • Apr 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to NT$30.50. The fair value is estimated to be NT$38.41, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 39% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Mar 24
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NT$3.23b (US$97.8m) 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 (319% payout ratio). Share price has been volatile over the past 3 months (7.2% average weekly change). Market cap is less than US$100m (NT$3.23b market cap, or US$97.8m). Reported Earnings • Mar 19
Full year 2024 earnings released: EPS: NT$0.69 (vs NT$0.42 loss in FY 2023) Full year 2024 results: EPS: NT$0.69 (up from NT$0.42 loss in FY 2023). Revenue: NT$667.6m (up 50% from FY 2023). Net income: NT$54.5m (up NT$87.5m from FY 2023). Profit margin: 8.2% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has increased by 25% per year, which means it is well ahead of earnings. Annuncio • Mar 13
Favite, Inc., Annual General Meeting, May 29, 2025 Favite, Inc., Annual General Meeting, May 29, 2025, at 09:00 Taipei Standard Time. Location: no,197, sec.2 huan pei rd., jhubei city, hsinchu county Taiwan Annuncio • Mar 01
Favite, Inc. to Report Q4, 2024 Results on Mar 07, 2025 Favite, Inc. announced that they will report Q4, 2024 results on Mar 07, 2025 New Risk • Jan 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 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 Dividend is not well covered by earnings (319% payout ratio). Reported Earnings • Nov 17
Third quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.67 profit in 3Q 2023) Third quarter 2024 results: NT$0.31 loss per share (down from NT$0.67 profit in 3Q 2023). Revenue: NT$120.7m (down 37% from 3Q 2023). Net loss: NT$24.2m (down 146% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. Annuncio • Nov 01
Favite, Inc. to Report Q3, 2024 Results on Nov 11, 2024 Favite, Inc. announced that they will report Q3, 2024 results on Nov 11, 2024 Valuation Update With 7 Day Price Move • Oct 22
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NT$62.70, the stock trades at a trailing P/E ratio of 48.6x. Average trailing P/E is 24x in the Electronic industry in Taiwan. Total returns to shareholders of 301% over the past three years. Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to NT$80.40, the stock trades at a trailing P/E ratio of 62.3x. Average trailing P/E is 23x in the Electronic industry in Taiwan. Total returns to shareholders of 452% over the past three years. Reported Earnings • Aug 13
Second quarter 2024 earnings released: EPS: NT$1.38 (vs NT$0.45 loss in 2Q 2023) Second quarter 2024 results: EPS: NT$1.38 (up from NT$0.45 loss in 2Q 2023). Revenue: NT$414.6m (up NT$365.2m from 2Q 2023). Net income: NT$108.8m (up NT$144.0m from 2Q 2023). Profit margin: 26% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 63% per year, which means it is well ahead of earnings. Annuncio • Aug 02
Favite, Inc. to Report Q2, 2024 Results on Aug 09, 2024 Favite, Inc. announced that they will report Q2, 2024 results on Aug 09, 2024 Reported Earnings • May 04
First quarter 2024 earnings released: NT$0.13 loss per share (vs NT$0.012 loss in 1Q 2023) First quarter 2024 results: NT$0.13 loss per share (further deteriorated from NT$0.012 loss in 1Q 2023). Revenue: NT$58.1m (down 66% from 1Q 2023). Net loss: NT$10.0m (loss widened NT$9.10m from 1Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Annuncio • Apr 28
Favite, Inc. to Report Q1, 2024 Results on May 03, 2024 Favite, Inc. announced that they will report Q1, 2024 results on May 03, 2024 New Risk • Feb 27
New major risk - Revenue and earnings growth Earnings have declined by 0.2% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.2% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (319% payout ratio). Market cap is less than US$100m (NT$1.96b market cap, or US$62.2m). Reported Earnings • Feb 27
Full year 2023 earnings released: NT$0.42 loss per share (vs NT$3.58 profit in FY 2022) Full year 2023 results: NT$0.42 loss per share (down from NT$3.58 profit in FY 2022). Revenue: NT$445.7m (down 70% from FY 2022). Net loss: NT$33.0m (down 112% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 24
Favite, Inc., Annual General Meeting, May 31, 2024 Favite, Inc., Annual General Meeting, May 31, 2024. Location: No.197, Sec.2, Huanbeu Rd., Jhubei City, Hsinchu County, Taiwan Hsin Chu Taiwan Agenda: To consider Business Report of 2023; To consider Audit Committees Review Report of 2023; To consider Cause for convening the meeting Acknowledged matters; To consider 2023 Business Report and Financial Statements. Valuation Update With 7 Day Price Move • Jan 25
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to NT$22.70, the stock trades at a trailing P/E ratio of 72.5x. Average trailing P/E is 21x in the Electronic industry in Taiwan. Total returns to shareholders of 39% over the past three years. Reported Earnings • Nov 07
Third quarter 2023 earnings released: EPS: NT$0.67 (vs NT$1.36 in 3Q 2022) Third quarter 2023 results: EPS: NT$0.67 (down from NT$1.36 in 3Q 2022). Revenue: NT$190.8m (down 55% from 3Q 2022). Net income: NT$52.8m (down 51% from 3Q 2022). Profit margin: 28% (up from 26% in 3Q 2022). The increase in margin was 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 2% per year, which means it is significantly lagging earnings growth. New Risk • Aug 07
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: 9.2% Last year net profit margin: 15% 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: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Profit margins are more than 30% lower than last year (9.2% net profit margin). Market cap is less than US$100m (NT$1.46b market cap, or US$46.1m). Reported Earnings • Aug 06
Second quarter 2023 earnings released: NT$0.45 loss per share (vs NT$1.03 profit in 2Q 2022) Second quarter 2023 results: NT$0.45 loss per share (down from NT$1.03 profit in 2Q 2022). Revenue: NT$49.3m (down 89% from 2Q 2022). Net loss: NT$35.3m (down 143% from profit in 2Q 2022). 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 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 19
Upcoming dividend of NT$1.00 per share at 5.1% yield Eligible shareholders must have bought the stock before 26 July 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (4.1%). Annuncio • Jul 12
Favite, Inc. Declares Cash Dividend, Payable on August 18, 2023 Favite, Inc. declared a cash dividend TWD 79,052,356 (TWD 1.0 per share). Ex-rights (ex-dividend) trading date is July 26, 2023.Ex-rights (ex-dividend) record date is August 1, 2023. The Payment date of cash dividend distribution on August 18, 2023. Reported Earnings • Mar 06
Full year 2022 earnings released: EPS: NT$3.58 (vs NT$1.23 in FY 2021) Full year 2022 results: EPS: NT$3.58 (up from NT$1.23 in FY 2021). Revenue: NT$1.48b (up 4.8% from FY 2021). Net income: NT$283.0m (up 192% from FY 2021). Profit margin: 19% (up from 6.9% in FY 2021). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Jia-zhen Lin was the last independent director to join the board, commencing their role in 2007. 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 08
Third quarter 2022 earnings released: EPS: NT$1.36 (vs NT$0.11 in 3Q 2021) Third quarter 2022 results: EPS: NT$1.36 (up from NT$0.11 in 3Q 2021). Revenue: NT$419.0m (up 46% from 3Q 2021). Net income: NT$107.6m (up NT$98.9m from 3Q 2021). Profit margin: 26% (up from 3.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improved over the past week After last week's 16% share price gain to NT$27.15, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total returns to shareholders of 18% over the past three years. Upcoming Dividend • Aug 16
Upcoming dividend of NT$0.50 per share Eligible shareholders must have bought the stock before 23 August 2022. Payment date: 19 September 2022. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (6.5%). Lower than average of industry peers (4.4%). Reported Earnings • Aug 08
Second quarter 2022 earnings released: EPS: NT$1.03 (vs NT$0.18 loss in 2Q 2021) Second quarter 2022 results: EPS: NT$1.03 (up from NT$0.18 loss in 2Q 2021). Revenue: NT$456.0m (up 95% from 2Q 2021). Net income: NT$81.3m (up NT$95.9m from 2Q 2021). Profit margin: 18% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Annuncio • Aug 06
Favite, Inc. Announces Cash Dividend for 2021, Payable on September 19, 2022 Favite, Inc. announced cash dividend of TWD 39,526,178 (TWD 0.5 per share). Ex-rights (ex-dividend) record date: August 29, 2022. Payment date of cash dividend distribution is September 19, 2022. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to NT$23.00, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 12x in the Electronic industry in Taiwan. Total loss to shareholders of 18% over the past three years. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorated over the past week After last week's 19% share price decline to NT$28.00, the stock trades at a trailing P/E ratio of 17.4x. Average trailing P/E is 14x in the Electronic industry in Taiwan. Total loss to shareholders of 3.0% over the past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 23% share price gain to NT$29.45, the stock trades at a trailing P/E ratio of 18.3x. Average trailing P/E is 13x in the Electronic industry in Taiwan. Total loss to shareholders of 9.5% over the past three years. Reported Earnings • May 09
First quarter 2022 earnings released: EPS: NT$1.09 (vs NT$0.71 in 1Q 2021) First quarter 2022 results: EPS: NT$1.09 (up from NT$0.71 in 1Q 2021). Revenue: NT$377.1m (down 24% from 1Q 2021). Net income: NT$86.0m (up 54% from 1Q 2021). Profit margin: 23% (up from 11% in 1Q 2021). The increase in margin 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 48 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Jia-zhen Lin was the last independent director to join the board, commencing their role in 2007. 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 • Mar 28
Full year 2021 earnings released: EPS: NT$1.22 (vs NT$1.29 loss in FY 2020) Full year 2021 results: EPS: NT$1.22 (up from NT$1.29 loss in FY 2020). Revenue: NT$1.41b (up 24% from FY 2020). Net income: NT$96.8m (up NT$198.6m from FY 2020). Profit margin: 6.9% (up from net loss in FY 2020). The move to profitability 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 65 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 07
Third quarter 2021 earnings released: EPS NT$0.11 (vs NT$0.55 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$287.1m (up 37% from 3Q 2020). Net income: NT$8.78m (up NT$52.1m from 3Q 2020). Profit margin: 3.1% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 09
Second quarter 2021 earnings released: NT$0.18 loss per share (vs NT$0.11 loss in 2Q 2020) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$233.8m (up 3.2% from 2Q 2020). Net loss: NT$14.6m (loss widened 69% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Reported Earnings • May 09
First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.48 in 1Q 2020) The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$498.8m (up 57% from 1Q 2020). Net income: NT$55.8m (up 47% from 1Q 2020). Profit margin: 11% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Mar 27
Full year 2020 earnings released: NT$1.29 loss per share (vs NT$1.47 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: NT$1.14b (down 35% from FY 2019). Net loss: NT$101.8m (down 187% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 21
New 90-day low: NT$17.55 The company is down 2.0% from its price of NT$18.00 on 23 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 22% over the same period. Is New 90 Day High Low • Nov 27
New 90-day high: NT$21.00 The company is up 6.0% from its price of NT$19.80 on 28 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Electronic industry, which is also up 6.0% over the same period. Reported Earnings • Nov 08
Third quarter 2020 earnings released: NT$0.55 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: NT$209.6m (down 3.1% from 3Q 2019). Net loss: NT$43.3m (down NT$45.6m from profit in 3Q 2019). Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.