Deswell Industries（DW2）株式概要デスウェル・インダストリーズ社は、中国、米国、欧州、香港、英国、カナダ、および国際的な相手先商標製品メーカーおよび受託製造メーカー向けに、射出成形プラスチック部品およびコンポーネント、電子製品およびサブアセンブリ、金属金型および付属部品を製造・販売している。 詳細DW2 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績2/6財務の健全性6/6配当金5/6報酬株価収益率（ 5.3 x） German市場（ 16.9 x）を下回っています。リスク分析高いレベルの非現金収入 意味のある時価総額がありません ( €48M )不安定な配当実績 German市場と比較した過去 3 か月間の株価の変動すべてのリスクチェックを見るDW2 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.NEW490,690 membersJoin community and earn perksGain real feedbackFrom our editorial team, personally. Not silence.Grow your followingReal investors. The kind who actually invest, not scroll past.Unlock free accessFree premium subscription for consistent and quality authors.Learn moreCreate NarrativeBLINROAG490,690 investors already sharing narrativesYour Fair Value€Current Price€2.9069.6% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-5m86m2016201920222025202620282031Revenue US$47.9mEarnings US$8.3mAdvancedSet Fair ValueView all narrativesDeswell Industries, Inc. 競合他社electrovacSymbol: XTRA:EVACMarket cap: €120.0mFORTEC ElektronikSymbol: XTRA:FEVMarket cap: €42.3mSchweizer ElectronicSymbol: XTRA:SCEMarket cap: €27.7mMobotixSymbol: XTRA:MBQMarket cap: €15.6m価格と性能株価の高値、安値、推移の概要Deswell Industries過去の株価現在の株価US$2.9052週高値US$3.6252週安値US$2.26ベータ0.591ヶ月の変化-0.68%3ヶ月変化10.69%1年変化28.32%3年間の変化26.09%5年間の変化-23.68%IPOからの変化6.77%最新ニュースReported Earnings • Jun 23Full year 2026 earnings released: EPS: US$0.67 (vs US$0.70 in FY 2025)Full year 2026 results: EPS: US$0.67 (down from US$0.70 in FY 2025). Revenue: US$61.3m (down 9.3% from FY 2025). Net income: US$10.6m (down 4.6% from FY 2025). Profit margin: 17% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17+ 1 more updateDeswell Industries, Inc. Declares A Special Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2026, Payable on July 16, 2026Deswell Industries, Inc. announced that its board of directors declared a special cash dividend of $0.20 for the second half of the fiscal year ended March 31, 2026. The dividend will be payable on July 16, 2026 to shareholders of record as of July 2, 2026.New Risk • Jun 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€44.7m market cap, or US$52.1m).New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€45.8m market cap, or US$53.4m).お知らせ • Feb 04Deswell Industries Inc. Announces CFO ChangesDeswell Industries, Inc. has announced the appointment of Ms. Karen Chan Chi Yin as Chief Financial Officer (“CFO”), effective February 2, 2026. Ms. Chan succeeds Mr. Herman Wong, who has resigned from the position to pursue other interests. Ms. Chan brings over 20 years of extensive financial experience, specializing in accounting, mergers and acquisitions, and initial public offerings for Hong Kong-listed companies. She began her career at Deloitte Touche Tohmatsu. Ms. Chan first joined Deswell in 2004, serving as Finance and Administration Manager for a key subsidiary for four years. She subsequently built her expertise in senior financial roles at other Hong Kong-listed companies, most recently holding the position of Chief Financial Officer at SIM Technology Group Ltd. Ms. Chan holds a Bachelor of Business Administration in Accountancy and a Master of Science in Finance from The Chinese University of Hong Kong. She is also a member of the Hong Kong Institute of Certified Public Accountants.お知らせ • Nov 14Deswell Industries, Inc. announces Semi-Annual dividend, payable on December 23, 2025Deswell Industries, Inc. announced Semi-Annual dividend of USD 0.1000 per share payable on December 23, 2025, ex-date on December 02, 2025 and record date on December 02, 2025.最新情報をもっと見るRecent updatesReported Earnings • Jun 23Full year 2026 earnings released: EPS: US$0.67 (vs US$0.70 in FY 2025)Full year 2026 results: EPS: US$0.67 (down from US$0.70 in FY 2025). Revenue: US$61.3m (down 9.3% from FY 2025). Net income: US$10.6m (down 4.6% from FY 2025). Profit margin: 17% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17+ 1 more updateDeswell Industries, Inc. Declares A Special Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2026, Payable on July 16, 2026Deswell Industries, Inc. announced that its board of directors declared a special cash dividend of $0.20 for the second half of the fiscal year ended March 31, 2026. The dividend will be payable on July 16, 2026 to shareholders of record as of July 2, 2026.New Risk • Jun 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€44.7m market cap, or US$52.1m).New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€45.8m market cap, or US$53.4m).お知らせ • Feb 04Deswell Industries Inc. Announces CFO ChangesDeswell Industries, Inc. has announced the appointment of Ms. Karen Chan Chi Yin as Chief Financial Officer (“CFO”), effective February 2, 2026. Ms. Chan succeeds Mr. Herman Wong, who has resigned from the position to pursue other interests. Ms. Chan brings over 20 years of extensive financial experience, specializing in accounting, mergers and acquisitions, and initial public offerings for Hong Kong-listed companies. She began her career at Deloitte Touche Tohmatsu. Ms. Chan first joined Deswell in 2004, serving as Finance and Administration Manager for a key subsidiary for four years. She subsequently built her expertise in senior financial roles at other Hong Kong-listed companies, most recently holding the position of Chief Financial Officer at SIM Technology Group Ltd. Ms. Chan holds a Bachelor of Business Administration in Accountancy and a Master of Science in Finance from The Chinese University of Hong Kong. She is also a member of the Hong Kong Institute of Certified Public Accountants.お知らせ • Nov 14Deswell Industries, Inc. announces Semi-Annual dividend, payable on December 23, 2025Deswell Industries, Inc. announced Semi-Annual dividend of USD 0.1000 per share payable on December 23, 2025, ex-date on December 02, 2025 and record date on December 02, 2025.お知らせ • Sep 22Deswell Industries, Inc., Annual General Meeting, Nov 10, 2025Deswell Industries, Inc., Annual General Meeting, Nov 10, 2025, at 10:00 China Standard Time. Location: 6/f, huangang industrial estate, houjie town, guangdong province, china, dongguan city Chinaお知らせ • Jun 18Deswell Industries, Inc. Declares Dividend for the Second Half of the Fiscal Year Ended March 31, 2025, Payable on July 17, 2025Deswell Industries, Inc. board of directors declared a cash dividend of $0.10 per share for the second half of the fiscal year ended March 31, 2025. The dividend will be payable on July 17, 2025 to shareholders of record as of July 3, 2025.お知らせ • Nov 16Deswell Industries, Inc. Declares Cash Dividend for the First Half of the Fiscal Year Ended September 30, 2024, Payable on December 23, 2024Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2024. The dividend will be payable on December 23, 2024 to shareholders of record as of December 2, 2024.お知らせ • Oct 02Deswell Industries, Inc., Annual General Meeting, Nov 12, 2024Deswell Industries, Inc., Annual General Meeting, Nov 12, 2024, at 10:00 China Standard Time. Location: no.5, shichangxiang, chang an town, guangdong province, dongguan city Chinaお知らせ • Aug 01Deswell Industries, Inc. announced delayed 20-F filingOn 07/31/2024, Deswell Industries, Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.Buy Or Sell Opportunity • Jul 16Now 21% undervaluedOver the last 90 days, the stock has risen 3.9% to €2.12. The fair value is estimated to be €2.67, 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 declined by 23%.Declared Dividend • Jun 24Final dividend of US$0.10 announcedShareholders will receive a dividend of US$0.10. Ex-date: 5th July 2024 Payment date: 19th July 2024 Dividend yield will be 8.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • Jun 21Full year 2024 earnings released: EPS: US$0.48 (vs US$0.13 in FY 2023)Full year 2024 results: EPS: US$0.48 (up from US$0.13 in FY 2023). Revenue: US$69.4m (down 10% from FY 2023). Net income: US$7.71m (up 274% from FY 2023). Profit margin: 11% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year.New Risk • Jun 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€36.7m market cap, or US$39.8m).Buy Or Sell Opportunity • Apr 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.0% to €2.02. The fair value is estimated to be €2.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.Buy Or Sell Opportunity • Mar 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to €1.93. The fair value is estimated to be €2.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.お知らせ • Feb 27Deswell Industries, Inc. Elects Wai Ming Lau as Chairman of the BoardDeswell Industries, Inc. announced that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024. Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024. Prior to joining the Company, Ms. Lau was an Executive Director at PAG Consulting where she headed the firm’s Global Human Capital operations. Prior to PAG Consulting, Ms. Lau worked at Goldman Sachs for over 13 years, including serving as an Executive Director in Goldman Sachs’ Finance Division. Earlier in her career, Ms. Lau worked at Deloitte Touche Tohmatsu in its Assurance and Tax Advisory Services division for seven years, including as a Manager. Ms. Lau was accredited by The American Institute of Certified Public Accountants in 2003 and received her bachelor’s degree in accountancy from The George Washington University in 2001.Buy Or Sell Opportunity • Feb 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €1.97. The fair value is estimated to be €2.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.56, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 38% over the past three years.お知らせ • Dec 22Deswell Industries, Inc., Annual General Meeting, Feb 06, 2024Deswell Industries, Inc., Annual General Meeting, Feb 06, 2024, at 10:00 China Standard Time. Location: RM 516-517 Hong Leong Industrial Complex, 4 Wang Kwong Road, Kowloon Bay Kowloon Hong Kong Agenda: To elect five members of the Board of Directors to service for the upcoming year; to ratify the selection of BDO China Shu Lun Pan Certified Public Accountants LLP as the independent registered public accountants of the Company for the year ending March 31, 2024; and to consider and act upon such other business as may properly come before the annual meeting or any adjournments thereof.New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€41.2m market cap, or US$44.9m).Reported Earnings • Nov 20First half 2024 earnings released: EPS: US$0.22 (vs US$0.035 loss in 1H 2023)First half 2024 results: EPS: US$0.22 (up from US$0.035 loss in 1H 2023). Revenue: US$37.7m (down 15% from 1H 2023). Net income: US$3.56m (up US$4.12m from 1H 2023). Profit margin: 9.4% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.お知らせ • Nov 18Deswell Industries, Inc. Declares First Half of the Fiscal Year Ended September 30, 2023, Payable on December 21, 2023Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2023. the dividend will be payable on December 21, 2023 to shareholders of record as of December 1, 2023.New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (155% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (€37.0m market cap, or US$40.8m).Reported Earnings • Jul 31Full year 2023 earnings released: EPS: US$0.13 (vs US$0.52 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.52 in FY 2022). Revenue: US$77.3m (down 10% from FY 2022). Net income: US$2.06m (down 75% from FY 2022). Profit margin: 2.7% (down from 9.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 27% 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 • Jun 21Full year 2023 earnings released: EPS: US$0.13 (vs US$0.52 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.52 in FY 2022). Revenue: US$77.5m (down 9.8% from FY 2022). Net income: US$2.06m (down 75% from FY 2022). Profit margin: 2.7% (down from 9.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17Deswell Industries, Inc. Announces Board ChangesThe Board of Directors of Deswell Industries, Inc. is saddened to announcedthat Mr. Richard Pui Hon Lau, the Company’s chairman, passed away on June 12, 2023. The Board of Directors also announced the appointment of Mr. Chin Pang Li as the Chairman of the Board of Directors. Mr. Li has served the Company as a Member of the Board of Directors and in various executive capacities with the Company and its predecessors since its inception in 1987. He became Secretary of the Company in February 1995 and Chief Financial Officer in May 1995, a position which he held until March 31, 2006. Mr. Li received his Bachelor of Science degree from Chun Yan Institute College, Taiwan in 1967. Additionally, the Board of Directors announces the appointment of Mr. Ben Yiu Sing Poon as interim Director, until the Company's 2023 Annual General Meeting, or other shareholders’ meeting called before such date, when his appointment shall be submitted for shareholder approval. Mr. Poon has been working in one of the company’s major subsidiaries since 2002. He received his bachelor’s degree in mechanical engineering design from Northeastern University in Massachusetts in 2002. He has been working in the plastic injection manufacturing industrial field for 21 years and was appointed as a General Manager of a major subsidiary since 2022. Mr. Poon is the nephew of Mr. Lau. Mr. Lau and the Board had taken care over the years to ensure that the Company and its subsidiaries would be prepared to continue in his absence.Upcoming Dividend • Nov 23Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 22 December 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).Reported Earnings • Nov 18First half 2023 earnings released: US$0.035 loss per share (vs US$0.27 profit in 1H 2022)First half 2023 results: US$0.035 loss per share (down from US$0.27 profit in 1H 2022). Revenue: US$44.4m (up 12% from 1H 2022). Net loss: US$560.0k (down 113% from profit in 1H 2022). 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 11% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 18Deswell Industries, Inc. Declares Cash Dividend for the First Half of the Fiscal Year Ended September 30, 2022, Payable on December 22, 2022Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2022. The dividend will be payable on December 22, 2022 to shareholders of record as of December 1, 2022.Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Non-Executive Director Wing-Ki Hui was the last director to join the board, commencing their role in 2004. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Oct 30Chairman of the Board recently bought €624k worth of stockOn the 25th of October, Hon Pui bought around 195k shares on-market at roughly €3.21 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €927k worth in shares.お知らせ • Aug 13Deswell Industries, Inc., Annual General Meeting, Sep 30, 2022Deswell Industries, Inc., Annual General Meeting, Sep 30, 2022, at 10:00 China Standard Time. Location: RM 516-517 Hong Leong Industrial Complex 4 Wang Kwong Road, Kowloon Bay, Kowloon Kowloon Bay Kowloon Hong Kong Agenda: To consider elect five members of the Board of Directors to service for the ensuing year; and to consider and act upon such other business as may properly come before the annual meeting or any adjournments thereof.Reported Earnings • Aug 02Full year 2022 earnings released: EPS: US$0.52 (vs US$0.52 in FY 2021)Full year 2022 results: EPS: US$0.52 (vs US$0.52 in FY 2021). Revenue: US$86.0m (up 33% from FY 2021). Net income: US$8.23m (flat on FY 2021). Profit margin: 9.6% (down from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.2%).Reported Earnings • Jun 17Full year 2022 earnings released: EPS: US$0.53 (vs US$0.52 in FY 2021)Full year 2022 results: EPS: US$0.53 (up from US$0.52 in FY 2021). Revenue: US$85.5m (up 32% from FY 2021). Net income: US$8.36m (up 1.6% from FY 2021). Profit margin: 9.8% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 17Deswell Industries, Inc. Declares a Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2022, Payable on July 15, 2022Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the second half of the fiscal year ended March 31, 2022. The dividend will be payable on July 15, 2022 to shareholders of record as of June 30, 2022.Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Non-Executive Director Wing-Ki Hui was the last director to join the board, commencing their role in 2004. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Feb 01Chairman of the Board recently bought €140k worth of stockOn the 25th of January, Hon Pui bought around 41k shares on-market at roughly €3.46 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €297k worth in shares.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €3.38, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 27x in the Electronic industry in Germany. Total returns to shareholders of 52% over the past three years.Reported Earnings • Nov 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: US$0.27 (up from US$0.096 in 1H 2021). Revenue: US$39.8m (up 44% from 1H 2021). Net income: US$4.30m (up 181% from 1H 2021). Profit margin: 11% (up from 5.5% in 1H 2021). Revenue was in line with analyst estimates. 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 19% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.16, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 28x in the Electronic industry in Germany. Total returns to shareholders of 84% over the past three years.Reported Earnings • Jul 27Full year 2021 earnings released: EPS US$0.52 (vs US$0.083 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: US$64.9m (flat on FY 2020). Net income: US$8.23m (up US$9.55m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). 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 8% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 17Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 24 June 2021. Payment date: 09 July 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$3.82, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 64% over the past three years.Reported Earnings • Jun 12Full year 2021 earnings released: EPS US$0.52 (vs US$0.083 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: US$64.9m (flat on FY 2020). Net income: US$8.23m (up US$9.55m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). 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 9% per year, which means it is well ahead of earnings.Recent Insider Transactions • Mar 23Chairman of the Board recently bought €157k worth of stockOn the 16th of March, Hon Pui bought around 52k shares on-market at roughly €3.00 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €754k worth in shares.Is New 90 Day High Low • Feb 11New 90-day high: €2.88The company is up 20% from its price of €2.40 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 23% over the same period.Reported Earnings • Nov 16First half 2021 earnings released: EPS US$0.096The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: US$27.7m (down 27% from 1H 2020). Net income: US$1.53m (up 23% from 1H 2020). Profit margin: 5.5% (up from 3.3% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Upcoming Dividend • Nov 13Upcoming Dividend of US$0.09 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 20th of November. The trailing yield of 6.3% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (0.7%).Is New 90 Day High Low • Nov 05New 90-day high: €2.34The company is up 19% from its price of €1.97 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.Is New 90 Day High Low • Sep 30New 90-day high: €2.32The company is up 13% from its price of €2.06 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.Recent Insider Transactions • Sep 30Chairman of the Board recently bought €317k worth of stockOn the 21st of September, Hon Pui bought around 146k shares on-market at roughly €2.16 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €848k worth in shares.株主還元DW2DE ElectronicDE 市場7D0%-4.3%-2.5%1Y28.3%77.7%-0.6%株主還元を見る業界別リターン: DW2過去 1 年間で77.7 % の収益を上げたGerman Electronic業界を下回りました。リターン対市場: DW2過去 1 年間で-0.6 % の収益を上げたGerman市場を上回りました。価格変動Is DW2's price volatile compared to industry and market?DW2 volatilityDW2 Average Weekly Movement8.3%Electronic Industry Average Movement7.9%Market Average Movement5.4%10% most volatile stocks in DE Market12.7%10% least volatile stocks in DE Market2.8%安定した株価: DW2の株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: DW2の weekly volatility ( 8% ) は過去 1 年間安定していますが、依然としてGermanの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1987794Edward Sowww.deswell.comデスウェル・インダストリーズ社は、中国、米国、欧州、香港、英国、カナダ、および国際的な相手先ブランド製造業者および受託製造業者向けに、射出成形プラスチック部品およびコンポーネント、電子製品およびサブアセンブリ、金属金型および付属部品を製造・販売している。プラスチック射出成形と電子製品組立の2つのセグメントで事業を展開している。電子エンターテインメント製品、電動工具、アクセサリー、アウトドア機器用プラスチック部品、懐中電灯、電話機、プリンター、スキャナー用ケース、工業用部品、室内制御スイッチ用部品、オーディオ機器用部品、手帳やリモコン用ケースやキートップ、ダブルインジェクションキャップ、血液検査用器具を含む医療製品用部品、レーザーキーキャップ、自動車部品、自動ロボット用プラスチック部品など、消費者および工業製品の製造に使用されるさまざまなプラスチック部品やコンポーネントを生産している。また、デジタル/アナログオーディオミキサー、アンプ、シグナルプロセッサー、オーディオインターフェース、ネットワークオーディオ機器、スピーカーエンクロージャーなどのオーディオ機器、マルチチャンネルレシーバーアンプ、有線/無線オーディオストリーミング製品、ヘッドフォンなどのコンシューマーオーディオ製品、プリント基板アセンブリ、医療製品などのエレクトロニクス製品も提供している。同社は1987年に設立され、マカオを拠点としている。もっと見るDeswell Industries, Inc. 基礎のまとめDeswell Industries の収益と売上を時価総額と比較するとどうか。DW2 基礎統計学時価総額€47.61m収益（TTM）€9.31m売上高(TTM)€53.73m5.3xPER（株価収益率0.9xP/SレシオDW2 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計DW2 損益計算書（TTM）収益US$61.33m売上原価US$47.61m売上総利益US$13.72mその他の費用US$3.09m収益US$10.63m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.67グロス・マージン22.37%純利益率17.33%有利子負債／自己資本比率0%DW2 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.6%現在の配当利回り30%配当性向DW2 配当は確実ですか？DW2 配当履歴とベンチマークを見るDW2 、いつまでに購入すれば配当金を受け取れますか？Deswell Industries 配当日配当落ち日Jul 02 2026配当支払日Jul 16 2026配当落ちまでの日数10 days配当支払日までの日数4 daysDW2 配当は確実ですか？DW2 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/10 14:44終値2026/07/10 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Deswell Industries, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Jun 23Full year 2026 earnings released: EPS: US$0.67 (vs US$0.70 in FY 2025)Full year 2026 results: EPS: US$0.67 (down from US$0.70 in FY 2025). Revenue: US$61.3m (down 9.3% from FY 2025). Net income: US$10.6m (down 4.6% from FY 2025). Profit margin: 17% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17+ 1 more updateDeswell Industries, Inc. Declares A Special Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2026, Payable on July 16, 2026Deswell Industries, Inc. announced that its board of directors declared a special cash dividend of $0.20 for the second half of the fiscal year ended March 31, 2026. The dividend will be payable on July 16, 2026 to shareholders of record as of July 2, 2026.
New Risk • Jun 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€44.7m market cap, or US$52.1m).
New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€45.8m market cap, or US$53.4m).
お知らせ • Feb 04Deswell Industries Inc. Announces CFO ChangesDeswell Industries, Inc. has announced the appointment of Ms. Karen Chan Chi Yin as Chief Financial Officer (“CFO”), effective February 2, 2026. Ms. Chan succeeds Mr. Herman Wong, who has resigned from the position to pursue other interests. Ms. Chan brings over 20 years of extensive financial experience, specializing in accounting, mergers and acquisitions, and initial public offerings for Hong Kong-listed companies. She began her career at Deloitte Touche Tohmatsu. Ms. Chan first joined Deswell in 2004, serving as Finance and Administration Manager for a key subsidiary for four years. She subsequently built her expertise in senior financial roles at other Hong Kong-listed companies, most recently holding the position of Chief Financial Officer at SIM Technology Group Ltd. Ms. Chan holds a Bachelor of Business Administration in Accountancy and a Master of Science in Finance from The Chinese University of Hong Kong. She is also a member of the Hong Kong Institute of Certified Public Accountants.
お知らせ • Nov 14Deswell Industries, Inc. announces Semi-Annual dividend, payable on December 23, 2025Deswell Industries, Inc. announced Semi-Annual dividend of USD 0.1000 per share payable on December 23, 2025, ex-date on December 02, 2025 and record date on December 02, 2025.
Reported Earnings • Jun 23Full year 2026 earnings released: EPS: US$0.67 (vs US$0.70 in FY 2025)Full year 2026 results: EPS: US$0.67 (down from US$0.70 in FY 2025). Revenue: US$61.3m (down 9.3% from FY 2025). Net income: US$10.6m (down 4.6% from FY 2025). Profit margin: 17% (in line with FY 2025). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17+ 1 more updateDeswell Industries, Inc. Declares A Special Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2026, Payable on July 16, 2026Deswell Industries, Inc. announced that its board of directors declared a special cash dividend of $0.20 for the second half of the fiscal year ended March 31, 2026. The dividend will be payable on July 16, 2026 to shareholders of record as of July 2, 2026.
New Risk • Jun 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.7% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (€44.7m market cap, or US$52.1m).
New Risk • Jun 01New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (€45.8m market cap, or US$53.4m).
お知らせ • Feb 04Deswell Industries Inc. Announces CFO ChangesDeswell Industries, Inc. has announced the appointment of Ms. Karen Chan Chi Yin as Chief Financial Officer (“CFO”), effective February 2, 2026. Ms. Chan succeeds Mr. Herman Wong, who has resigned from the position to pursue other interests. Ms. Chan brings over 20 years of extensive financial experience, specializing in accounting, mergers and acquisitions, and initial public offerings for Hong Kong-listed companies. She began her career at Deloitte Touche Tohmatsu. Ms. Chan first joined Deswell in 2004, serving as Finance and Administration Manager for a key subsidiary for four years. She subsequently built her expertise in senior financial roles at other Hong Kong-listed companies, most recently holding the position of Chief Financial Officer at SIM Technology Group Ltd. Ms. Chan holds a Bachelor of Business Administration in Accountancy and a Master of Science in Finance from The Chinese University of Hong Kong. She is also a member of the Hong Kong Institute of Certified Public Accountants.
お知らせ • Nov 14Deswell Industries, Inc. announces Semi-Annual dividend, payable on December 23, 2025Deswell Industries, Inc. announced Semi-Annual dividend of USD 0.1000 per share payable on December 23, 2025, ex-date on December 02, 2025 and record date on December 02, 2025.
お知らせ • Sep 22Deswell Industries, Inc., Annual General Meeting, Nov 10, 2025Deswell Industries, Inc., Annual General Meeting, Nov 10, 2025, at 10:00 China Standard Time. Location: 6/f, huangang industrial estate, houjie town, guangdong province, china, dongguan city China
お知らせ • Jun 18Deswell Industries, Inc. Declares Dividend for the Second Half of the Fiscal Year Ended March 31, 2025, Payable on July 17, 2025Deswell Industries, Inc. board of directors declared a cash dividend of $0.10 per share for the second half of the fiscal year ended March 31, 2025. The dividend will be payable on July 17, 2025 to shareholders of record as of July 3, 2025.
お知らせ • Nov 16Deswell Industries, Inc. Declares Cash Dividend for the First Half of the Fiscal Year Ended September 30, 2024, Payable on December 23, 2024Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2024. The dividend will be payable on December 23, 2024 to shareholders of record as of December 2, 2024.
お知らせ • Oct 02Deswell Industries, Inc., Annual General Meeting, Nov 12, 2024Deswell Industries, Inc., Annual General Meeting, Nov 12, 2024, at 10:00 China Standard Time. Location: no.5, shichangxiang, chang an town, guangdong province, dongguan city China
お知らせ • Aug 01Deswell Industries, Inc. announced delayed 20-F filingOn 07/31/2024, Deswell Industries, Inc. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
Buy Or Sell Opportunity • Jul 16Now 21% undervaluedOver the last 90 days, the stock has risen 3.9% to €2.12. The fair value is estimated to be €2.67, 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 declined by 23%.
Declared Dividend • Jun 24Final dividend of US$0.10 announcedShareholders will receive a dividend of US$0.10. Ex-date: 5th July 2024 Payment date: 19th July 2024 Dividend yield will be 8.7%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (25% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has grown by 12% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jun 21Full year 2024 earnings released: EPS: US$0.48 (vs US$0.13 in FY 2023)Full year 2024 results: EPS: US$0.48 (up from US$0.13 in FY 2023). Revenue: US$69.4m (down 10% from FY 2023). Net income: US$7.71m (up 274% from FY 2023). Profit margin: 11% (up from 2.7% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 23% per year whereas the company’s share price has fallen by 21% per year.
New Risk • Jun 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 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: Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (€36.7m market cap, or US$39.8m).
Buy Or Sell Opportunity • Apr 17Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 9.0% to €2.02. The fair value is estimated to be €2.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.
Buy Or Sell Opportunity • Mar 06Now 23% undervalued after recent price dropOver the last 90 days, the stock has fallen 22% to €1.93. The fair value is estimated to be €2.51, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.
お知らせ • Feb 27Deswell Industries, Inc. Elects Wai Ming Lau as Chairman of the BoardDeswell Industries, Inc. announced that the Board of Directors has unanimously elected Ms. Lau Wai Ming as Chairman of the Board, effective February 19, 2024. Ms. Lau was elected to the Board of Directors by the Company’s shareholders at the 2023 Annual Meeting of Shareholders on February 6, 2024. Prior to joining the Company, Ms. Lau was an Executive Director at PAG Consulting where she headed the firm’s Global Human Capital operations. Prior to PAG Consulting, Ms. Lau worked at Goldman Sachs for over 13 years, including serving as an Executive Director in Goldman Sachs’ Finance Division. Earlier in her career, Ms. Lau worked at Deloitte Touche Tohmatsu in its Assurance and Tax Advisory Services division for seven years, including as a Manager. Ms. Lau was accredited by The American Institute of Certified Public Accountants in 2003 and received her bachelor’s degree in accountancy from The George Washington University in 2001.
Buy Or Sell Opportunity • Feb 19Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 16% to €1.97. The fair value is estimated to be €2.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Jan 02Investor sentiment improves as stock rises 15%After last week's 15% share price gain to €2.56, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 38% over the past three years.
お知らせ • Dec 22Deswell Industries, Inc., Annual General Meeting, Feb 06, 2024Deswell Industries, Inc., Annual General Meeting, Feb 06, 2024, at 10:00 China Standard Time. Location: RM 516-517 Hong Leong Industrial Complex, 4 Wang Kwong Road, Kowloon Bay Kowloon Hong Kong Agenda: To elect five members of the Board of Directors to service for the upcoming year; to ratify the selection of BDO China Shu Lun Pan Certified Public Accountants LLP as the independent registered public accountants of the Company for the year ending March 31, 2024; and to consider and act upon such other business as may properly come before the annual meeting or any adjournments thereof.
New Risk • Dec 01New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (€41.2m market cap, or US$44.9m).
Reported Earnings • Nov 20First half 2024 earnings released: EPS: US$0.22 (vs US$0.035 loss in 1H 2023)First half 2024 results: EPS: US$0.22 (up from US$0.035 loss in 1H 2023). Revenue: US$37.7m (down 15% from 1H 2023). Net income: US$3.56m (up US$4.12m from 1H 2023). Profit margin: 9.4% (up from net loss in 1H 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 8% per year.
お知らせ • Nov 18Deswell Industries, Inc. Declares First Half of the Fiscal Year Ended September 30, 2023, Payable on December 21, 2023Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2023. the dividend will be payable on December 21, 2023 to shareholders of record as of December 1, 2023.
New Risk • Jul 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 59% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (155% payout ratio). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.7% net profit margin). Market cap is less than US$100m (€37.0m market cap, or US$40.8m).
Reported Earnings • Jul 31Full year 2023 earnings released: EPS: US$0.13 (vs US$0.52 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.52 in FY 2022). Revenue: US$77.3m (down 10% from FY 2022). Net income: US$2.06m (down 75% from FY 2022). Profit margin: 2.7% (down from 9.6% in FY 2022). Over the last 3 years on average, earnings per share has increased by 27% 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 • Jun 21Full year 2023 earnings released: EPS: US$0.13 (vs US$0.52 in FY 2022)Full year 2023 results: EPS: US$0.13 (down from US$0.52 in FY 2022). Revenue: US$77.5m (down 9.8% from FY 2022). Net income: US$2.06m (down 75% from FY 2022). Profit margin: 2.7% (down from 9.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17Deswell Industries, Inc. Announces Board ChangesThe Board of Directors of Deswell Industries, Inc. is saddened to announcedthat Mr. Richard Pui Hon Lau, the Company’s chairman, passed away on June 12, 2023. The Board of Directors also announced the appointment of Mr. Chin Pang Li as the Chairman of the Board of Directors. Mr. Li has served the Company as a Member of the Board of Directors and in various executive capacities with the Company and its predecessors since its inception in 1987. He became Secretary of the Company in February 1995 and Chief Financial Officer in May 1995, a position which he held until March 31, 2006. Mr. Li received his Bachelor of Science degree from Chun Yan Institute College, Taiwan in 1967. Additionally, the Board of Directors announces the appointment of Mr. Ben Yiu Sing Poon as interim Director, until the Company's 2023 Annual General Meeting, or other shareholders’ meeting called before such date, when his appointment shall be submitted for shareholder approval. Mr. Poon has been working in one of the company’s major subsidiaries since 2002. He received his bachelor’s degree in mechanical engineering design from Northeastern University in Massachusetts in 2002. He has been working in the plastic injection manufacturing industrial field for 21 years and was appointed as a General Manager of a major subsidiary since 2022. Mr. Poon is the nephew of Mr. Lau. Mr. Lau and the Board had taken care over the years to ensure that the Company and its subsidiaries would be prepared to continue in his absence.
Upcoming Dividend • Nov 23Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 30 November 2022. Payment date: 22 December 2022. Payout ratio is on the higher end at 94%, and the cash payout ratio is above 100%. Trailing yield: 6.2%. Within top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.0%).
Reported Earnings • Nov 18First half 2023 earnings released: US$0.035 loss per share (vs US$0.27 profit in 1H 2022)First half 2023 results: US$0.035 loss per share (down from US$0.27 profit in 1H 2022). Revenue: US$44.4m (up 12% from 1H 2022). Net loss: US$560.0k (down 113% from profit in 1H 2022). 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 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 18Deswell Industries, Inc. Declares Cash Dividend for the First Half of the Fiscal Year Ended September 30, 2022, Payable on December 22, 2022Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the first half of the fiscal year ended September 30, 2022. The dividend will be payable on December 22, 2022 to shareholders of record as of December 1, 2022.
Board Change • Nov 16Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Non-Executive Director Wing-Ki Hui was the last director to join the board, commencing their role in 2004. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Oct 30Chairman of the Board recently bought €624k worth of stockOn the 25th of October, Hon Pui bought around 195k shares on-market at roughly €3.21 per share. This transaction amounted to 2.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €927k worth in shares.
お知らせ • Aug 13Deswell Industries, Inc., Annual General Meeting, Sep 30, 2022Deswell Industries, Inc., Annual General Meeting, Sep 30, 2022, at 10:00 China Standard Time. Location: RM 516-517 Hong Leong Industrial Complex 4 Wang Kwong Road, Kowloon Bay, Kowloon Kowloon Bay Kowloon Hong Kong Agenda: To consider elect five members of the Board of Directors to service for the ensuing year; and to consider and act upon such other business as may properly come before the annual meeting or any adjournments thereof.
Reported Earnings • Aug 02Full year 2022 earnings released: EPS: US$0.52 (vs US$0.52 in FY 2021)Full year 2022 results: EPS: US$0.52 (vs US$0.52 in FY 2021). Revenue: US$86.0m (up 33% from FY 2021). Net income: US$8.23m (flat on FY 2021). Profit margin: 9.6% (down from 13% in FY 2021). Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 15 July 2022. Payout ratio is a comfortable 38% but the company is not cash flow positive. Trailing yield: 6.1%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.2%).
Reported Earnings • Jun 17Full year 2022 earnings released: EPS: US$0.53 (vs US$0.52 in FY 2021)Full year 2022 results: EPS: US$0.53 (up from US$0.52 in FY 2021). Revenue: US$85.5m (up 32% from FY 2021). Net income: US$8.36m (up 1.6% from FY 2021). Profit margin: 9.8% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 17Deswell Industries, Inc. Declares a Cash Dividend for the Second Half of the Fiscal Year Ended March 31, 2022, Payable on July 15, 2022Deswell Industries, Inc. announced that its board of directors declared a cash dividend of $0.10 per share for the second half of the fiscal year ended March 31, 2022. The dividend will be payable on July 15, 2022 to shareholders of record as of June 30, 2022.
Board Change • Apr 27Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 5 highly experienced directors. Independent Non-Executive Director Wing-Ki Hui was the last director to join the board, commencing their role in 2004. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Feb 01Chairman of the Board recently bought €140k worth of stockOn the 25th of January, Hon Pui bought around 41k shares on-market at roughly €3.46 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €297k worth in shares.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment deteriorated over the past weekAfter last week's 20% share price decline to €3.38, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 27x in the Electronic industry in Germany. Total returns to shareholders of 52% over the past three years.
Reported Earnings • Nov 24First half 2022 earnings: Revenues and EPS in line with analyst expectationsFirst half 2022 results: EPS: US$0.27 (up from US$0.096 in 1H 2021). Revenue: US$39.8m (up 44% from 1H 2021). Net income: US$4.30m (up 181% from 1H 2021). Profit margin: 11% (up from 5.5% in 1H 2021). Revenue was in line with analyst estimates. 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 19% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to €4.16, the stock trades at a trailing P/E ratio of 9.2x. Average trailing P/E is 28x in the Electronic industry in Germany. Total returns to shareholders of 84% over the past three years.
Reported Earnings • Jul 27Full year 2021 earnings released: EPS US$0.52 (vs US$0.083 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: US$64.9m (flat on FY 2020). Net income: US$8.23m (up US$9.55m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). 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 8% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 17Upcoming dividend of US$0.10 per shareEligible shareholders must have bought the stock before 24 June 2021. Payment date: 09 July 2021. Trailing yield: 4.2%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%).
Valuation Update With 7 Day Price Move • Jun 16Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$3.82, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 33x in the Electronic industry in Germany. Total returns to shareholders of 64% over the past three years.
Reported Earnings • Jun 12Full year 2021 earnings released: EPS US$0.52 (vs US$0.083 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: US$64.9m (flat on FY 2020). Net income: US$8.23m (up US$9.55m from FY 2020). Profit margin: 13% (up from net loss in FY 2020). 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 9% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Mar 23Chairman of the Board recently bought €157k worth of stockOn the 16th of March, Hon Pui bought around 52k shares on-market at roughly €3.00 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €754k worth in shares.
Is New 90 Day High Low • Feb 11New 90-day high: €2.88The company is up 20% from its price of €2.40 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 23% over the same period.
Reported Earnings • Nov 16First half 2021 earnings released: EPS US$0.096The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: US$27.7m (down 27% from 1H 2020). Net income: US$1.53m (up 23% from 1H 2020). Profit margin: 5.5% (up from 3.3% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Upcoming Dividend • Nov 13Upcoming Dividend of US$0.09 Per ShareWill be paid on the 10th of December to those who are registered shareholders by the 20th of November. The trailing yield of 6.3% is in the top quartile of German dividend payers (3.6%), and it is higher than industry peers (0.7%).
Is New 90 Day High Low • Nov 05New 90-day high: €2.34The company is up 19% from its price of €1.97 on 07 August 2020. The German market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Sep 30New 90-day high: €2.32The company is up 13% from its price of €2.06 on 02 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.
Recent Insider Transactions • Sep 30Chairman of the Board recently bought €317k worth of stockOn the 21st of September, Hon Pui bought around 146k shares on-market at roughly €2.16 per share. This was the largest purchase by an insider in the last 3 months. Hon has been a buyer over the last 12 months, purchasing a net total of €848k worth in shares.
