View Future GrowthTOPTEC 過去の業績過去 基準チェック /06TOPTECは36.4%の年平均成長率で業績を伸ばしているが、Semiconductor業界はgrowingで1.3%毎年増加している。売上は成長しており、年平均11.3%の割合である。主要情報36.36%収益成長率36.37%EPS成長率Semiconductor 業界の成長23.50%収益成長率11.34%株主資本利益率-5.31%ネット・マージン-8.63%前回の決算情報31 Dec 2025最近の業績更新分析記事 • Mar 27TOPTEC's (KOSDAQ:108230) Conservative Accounting Might Explain Soft EarningsThe market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) shares didn't move much after it posted weak earnings recently. We...分析記事 • Mar 27Additional Considerations Required While Assessing TOPTEC's (KOSDAQ:108230) Strong EarningsDespite posting some strong earnings, the market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) stock hasn't moved much. Our...Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩405 (vs ₩2,075 loss in FY 2021)Full year 2022 results: EPS: ₩405 (up from ₩2,075 loss in FY 2021). Revenue: ₩345.0b (up 109% from FY 2021). Net income: ₩14.6b (up ₩89.4b from FY 2021). Profit margin: 4.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.分析記事 • Dec 03Here's Why We Don't Think TOPTEC's (KOSDAQ:108230) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...すべての更新を表示Recent updatesNew Risk • May 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩146.8b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩146.8b market cap, or US$99.6m).New Risk • Apr 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩149.0b market cap, or US$98.8m).New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩145.7b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩145.7b market cap, or US$99.7m).Upcoming Dividend • Dec 22Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).分析記事 • Nov 09TOPTEC (KOSDAQ:108230) Is Due To Pay A Dividend Of ₩150.00The board of TOPTEC Co., Ltd ( KOSDAQ:108230 ) has announced that it will pay a dividend of ₩150.00 per share on the...Declared Dividend • Nov 08Dividend of ₩150 announcedDividend of ₩150 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 6 years ago. However, payments have been volatile during that time.お知らせ • Nov 07TOPTEC Co., Ltd announces Annual dividend, payable on April 24, 2026TOPTEC Co., Ltd announced Annual dividend of KRW 150.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.New Risk • Aug 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change).分析記事 • Jul 16TOPTEC Co., Ltd's (KOSDAQ:108230) Share Price Boosted 26% But Its Business Prospects Need A Lift TooTOPTEC Co., Ltd ( KOSDAQ:108230 ) shareholders have had their patience rewarded with a 26% share price jump in the last...分析記事 • Jul 16TOPTEC Co., Ltd (KOSDAQ:108230) Surges 26% Yet Its Low P/S Is No Reason For ExcitementTOPTEC Co., Ltd ( KOSDAQ:108230 ) shareholders have had their patience rewarded with a 26% share price jump in the last...New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.3% 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 (9.3% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin).Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩5,360, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 20% over the past three years.New Risk • Jun 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.2% Last year net profit margin: 12% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.2% net profit margin).New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.5b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩138.5b market cap, or US$94.6m).分析記事 • Mar 27TOPTEC's (KOSDAQ:108230) Conservative Accounting Might Explain Soft EarningsThe market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) shares didn't move much after it posted weak earnings recently. We...お知らせ • Feb 27TOPTEC Co., Ltd, Annual General Meeting, Mar 27, 2025TOPTEC Co., Ltd, Annual General Meeting, Mar 27, 2025, at 09:30 Tokyo Standard Time. Location: conference room, 1105-65, sanho-daero, sandong-myeon, gyeongsangbuk-do, gumi South KoreaUpcoming Dividend • Dec 20Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 22 April 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.New Risk • Dec 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Nov 13Investors Shouldn't Overlook TOPTEC's (KOSDAQ:108230) Impressive Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.分析記事 • Sep 10TOPTEC Co., Ltd's (KOSDAQ:108230) Price Is Right But Growth Is LackingWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider TOPTEC...分析記事 • Mar 27Additional Considerations Required While Assessing TOPTEC's (KOSDAQ:108230) Strong EarningsDespite posting some strong earnings, the market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) stock hasn't moved much. Our...Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩8,310, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total loss to shareholders of 37% over the past three years.Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.0%).New Risk • Dec 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩8,180, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 51% over the past three years.Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩405 (vs ₩2,075 loss in FY 2021)Full year 2022 results: EPS: ₩405 (up from ₩2,075 loss in FY 2021). Revenue: ₩345.0b (up 109% from FY 2021). Net income: ₩14.6b (up ₩89.4b from FY 2021). Profit margin: 4.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.Upcoming Dividend • Dec 22Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 27 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).分析記事 • May 09Risks To Shareholder Returns Are Elevated At These Prices For TOPTEC Co., Ltd (KOSDAQ:108230)With a price-to-earnings (or "P/E") ratio of 41.2x TOPTEC Co., Ltd ( KOSDAQ:108230 ) may be sending very bearish...分析記事 • Mar 28Return Trends At TOPTEC (KOSDAQ:108230) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • Mar 09TOPTEC (KOSDAQ:108230) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 19What Kind Of Investors Own Most Of TOPTEC Co., Ltd (KOSDAQ:108230)?The big shareholder groups in TOPTEC Co., Ltd ( KOSDAQ:108230 ) have power over the company. Institutions often own...Is New 90 Day High Low • Feb 18New 90-day high: ₩14,300The company is up 2.0% from its price of ₩14,050 on 20 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩13,850, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 21x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 48%.分析記事 • Feb 04Should TOPTEC Co., Ltd (KOSDAQ:108230) Be Part Of Your Dividend Portfolio?Dividend paying stocks like TOPTEC Co., Ltd ( KOSDAQ:108230 ) tend to be popular with investors, and for good reason...分析記事 • Jan 20Is TOPTEC Co., Ltd's (KOSDAQ:108230) Recent Price Movement Underpinned By Its Weak Fundamentals?With its stock down 22% over the past three months, it is easy to disregard TOPTEC (KOSDAQ:108230). It seems that the...Is New 90 Day High Low • Jan 18New 90-day low: ₩11,050The company is down 33% from its price of ₩16,600 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 39% over the same period.分析記事 • Jan 05A Look At TOPTEC's (KOSDAQ:108230) Share Price ReturnsThe truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term TOPTEC...Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 24th of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.9% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (0.8%).分析記事 • Dec 21We're Watching These Trends At TOPTEC (KOSDAQ:108230)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...Is New 90 Day High Low • Dec 09New 90-day low: ₩12,450The company is down 27% from its price of ₩17,050 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.分析記事 • Dec 03Here's Why We Don't Think TOPTEC's (KOSDAQ:108230) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...分析記事 • Nov 18Do Institutions Own TOPTEC Co., Ltd (KOSDAQ:108230) Shares?The big shareholder groups in TOPTEC Co., Ltd (KOSDAQ:108230) have power over the company. Institutions will often...Is New 90 Day High Low • Nov 17New 90-day low: ₩13,900The company is down 9.0% from its price of ₩15,300 on 19 August 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.Is New 90 Day High Low • Sep 25New 90-day low: ₩14,450The company is down 26% from its price of ₩19,650 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period.収支内訳TOPTEC の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史KOSDAQ:A108230 収益、費用、利益 ( )KRW Millions日付収益収益G+A経費研究開発費31 Dec 25171,002-14,75328,494030 Sep 25214,822-3,32937,734030 Jun 25212,610-13,52636,467031 Mar 25284,5076,23034,769031 Dec 24473,62935,50341,829030 Sep 24791,36071,85833,362030 Jun 24791,37782,67032,138031 Mar 24749,47487,01416,218031 Dec 23601,65657,32722,766030 Sep 23362,98315,46721,283030 Jun 23352,82125,82224,014031 Mar 23393,47511,83439,866031 Dec 22344,97914,58724,756030 Sep 22239,069-31,10143,882030 Jun 22221,957-56,05440,717031 Mar 22162,198-76,42450,328031 Dec 21164,877-74,78260,940030 Sep 21155,594-56,32553,519030 Jun 21225,371-31,73657,748031 Mar 21298,0099,15553,027031 Dec 20322,02610,55649,122030 Sep 20336,73128,11439,361030 Jun 20267,36322,21635,349031 Mar 20186,0835,33031,175031 Dec 19167,1603,65927,017030 Sep 19152,780-3328,027030 Jun 19175,8811,38926,248031 Mar 19242,70912,77720,330031 Dec 18308,79219,75618,457030 Sep 18379,70528,40814,526030 Jun 18448,16554,89213,851031 Mar 18944,633135,12518,285031 Dec 171,138,439149,56418,797030 Sep 171,197,847162,05116,205030 Jun 171,169,414133,42316,045031 Mar 17646,97849,26810,892031 Dec 16392,66225,88510,434030 Sep 16275,85214,43914,746030 Jun 16245,52715,69714,577031 Mar 16230,91612,15213,711031 Dec 15230,55412,67113,089030 Sep 15219,29514,6867,980030 Jun 15203,37212,3907,4660質の高い収益: A108230は現在利益が出ていません。利益率の向上: A108230は現在利益が出ていません。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: A108230は利益を出していないが、過去 5 年間で年間36.4%の割合で損失を削減してきた。成長の加速: A108230の過去 1 年間の収益成長を 5 年間の平均と比較することはできません。現在は利益が出ていないためです。収益対業界: A108230は利益が出ていないため、過去 1 年間の収益成長をSemiconductor業界 ( -1.8% ) と比較することは困難です。株主資本利益率高いROE: A108230は現在利益が出ていないため、自己資本利益率 ( -5.31% ) はマイナスです。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YSemiconductors 、過去の業績が好調な企業。View Financial Health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2026/05/22 10:09終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31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本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。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TOPTEC Co., Ltd 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。1 アナリスト機関Sang-Hun LeeiM Securities
分析記事 • Mar 27TOPTEC's (KOSDAQ:108230) Conservative Accounting Might Explain Soft EarningsThe market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) shares didn't move much after it posted weak earnings recently. We...
分析記事 • Mar 27Additional Considerations Required While Assessing TOPTEC's (KOSDAQ:108230) Strong EarningsDespite posting some strong earnings, the market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) stock hasn't moved much. Our...
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩405 (vs ₩2,075 loss in FY 2021)Full year 2022 results: EPS: ₩405 (up from ₩2,075 loss in FY 2021). Revenue: ₩345.0b (up 109% from FY 2021). Net income: ₩14.6b (up ₩89.4b from FY 2021). Profit margin: 4.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 03Here's Why We Don't Think TOPTEC's (KOSDAQ:108230) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
New Risk • May 11New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩146.8b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩146.8b market cap, or US$99.6m).
New Risk • Apr 01New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.6% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Market cap is less than US$100m (₩149.0b market cap, or US$98.8m).
New Risk • Mar 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩145.7b (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Market cap is less than US$100m (₩145.7b market cap, or US$99.7m).
Upcoming Dividend • Dec 22Upcoming dividend of ₩150 per shareEligible shareholders must have bought the stock before 29 December 2025. Payment date: 24 April 2026. The company is not currently making a profit but it is cash flow positive. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (0.4%).
分析記事 • Nov 09TOPTEC (KOSDAQ:108230) Is Due To Pay A Dividend Of ₩150.00The board of TOPTEC Co., Ltd ( KOSDAQ:108230 ) has announced that it will pay a dividend of ₩150.00 per share on the...
Declared Dividend • Nov 08Dividend of ₩150 announcedDividend of ₩150 is the same as last year. Ex-date: 29th December 2025 Payment date: 24th April 2026 Dividend yield will be 3.5%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has remained flat since 6 years ago. However, payments have been volatile during that time.
お知らせ • Nov 07TOPTEC Co., Ltd announces Annual dividend, payable on April 24, 2026TOPTEC Co., Ltd announced Annual dividend of KRW 150.0000 per share payable on April 24, 2026, ex-date on December 29, 2025 and record date on December 31, 2025.
New Risk • Aug 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 3.1% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risk Share price has been volatile over the past 3 months (9.5% average weekly change).
分析記事 • Jul 16TOPTEC Co., Ltd's (KOSDAQ:108230) Share Price Boosted 26% But Its Business Prospects Need A Lift TooTOPTEC Co., Ltd ( KOSDAQ:108230 ) shareholders have had their patience rewarded with a 26% share price jump in the last...
分析記事 • Jul 16TOPTEC Co., Ltd (KOSDAQ:108230) Surges 26% Yet Its Low P/S Is No Reason For ExcitementTOPTEC Co., Ltd ( KOSDAQ:108230 ) shareholders have had their patience rewarded with a 26% share price jump in the last...
New Risk • Jul 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of South Korean stocks, typically moving 9.3% 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 (9.3% average weekly change). Profit margins are more than 30% lower than last year (2.2% net profit margin).
Valuation Update With 7 Day Price Move • Jul 16Investor sentiment improves as stock rises 29%After last week's 29% share price gain to ₩5,360, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 15x in the Semiconductor industry in South Korea. Total loss to shareholders of 20% over the past three years.
New Risk • Jun 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.2% Last year net profit margin: 12% 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 Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.2% net profit margin).
New Risk • Apr 07New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₩138.5b (US$94.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩138.5b market cap, or US$94.6m).
分析記事 • Mar 27TOPTEC's (KOSDAQ:108230) Conservative Accounting Might Explain Soft EarningsThe market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) shares didn't move much after it posted weak earnings recently. We...
お知らせ • Feb 27TOPTEC Co., Ltd, Annual General Meeting, Mar 27, 2025TOPTEC Co., Ltd, Annual General Meeting, Mar 27, 2025, at 09:30 Tokyo Standard Time. Location: conference room, 1105-65, sanho-daero, sandong-myeon, gyeongsangbuk-do, gumi South Korea
Upcoming Dividend • Dec 20Upcoming dividend of ₩300 per shareEligible shareholders must have bought the stock before 27 December 2024. Payment date: 22 April 2025. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (0.8%).
Board Change • Dec 09Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
New Risk • Dec 07New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (28% accrual ratio). Minor Risks Less than 3 years of financial data is available. Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Nov 13Investors Shouldn't Overlook TOPTEC's (KOSDAQ:108230) Impressive Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
New Risk • Sep 17New major risk - Financial data availabilityThe company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
分析記事 • Sep 10TOPTEC Co., Ltd's (KOSDAQ:108230) Price Is Right But Growth Is LackingWhen close to half the companies in Korea have price-to-earnings ratios (or "P/E's") above 12x, you may consider TOPTEC...
分析記事 • Mar 27Additional Considerations Required While Assessing TOPTEC's (KOSDAQ:108230) Strong EarningsDespite posting some strong earnings, the market for TOPTEC Co., Ltd's ( KOSDAQ:108230 ) stock hasn't moved much. Our...
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₩8,310, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 20x in the Semiconductor industry in South Korea. Total loss to shareholders of 37% over the past three years.
Upcoming Dividend • Dec 20Upcoming dividend of ₩100.00 per share at 1.3% yieldEligible shareholders must have bought the stock before 27 December 2023. Payment date: 29 April 2024. Payout ratio is a comfortable 23% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.0%).
New Risk • Dec 01New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 30% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. High level of non-cash earnings (30% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₩8,180, the stock trades at a trailing P/E ratio of 24.9x. Average trailing P/E is 14x in the Semiconductor industry in South Korea. Total loss to shareholders of 51% over the past three years.
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: ₩405 (vs ₩2,075 loss in FY 2021)Full year 2022 results: EPS: ₩405 (up from ₩2,075 loss in FY 2021). Revenue: ₩345.0b (up 109% from FY 2021). Net income: ₩14.6b (up ₩89.4b from FY 2021). Profit margin: 4.2% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 64 percentage points per year, which is a significant difference in performance.
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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
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. 4 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
Upcoming Dividend • Dec 22Upcoming dividend of ₩100.00 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 27 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (2.4%). Higher than average of industry peers (0.9%).
分析記事 • May 09Risks To Shareholder Returns Are Elevated At These Prices For TOPTEC Co., Ltd (KOSDAQ:108230)With a price-to-earnings (or "P/E") ratio of 41.2x TOPTEC Co., Ltd ( KOSDAQ:108230 ) may be sending very bearish...
分析記事 • Mar 28Return Trends At TOPTEC (KOSDAQ:108230) Aren't AppealingIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • Mar 09TOPTEC (KOSDAQ:108230) Has A Pretty Healthy Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 19What Kind Of Investors Own Most Of TOPTEC Co., Ltd (KOSDAQ:108230)?The big shareholder groups in TOPTEC Co., Ltd ( KOSDAQ:108230 ) have power over the company. Institutions often own...
Is New 90 Day High Low • Feb 18New 90-day high: ₩14,300The company is up 2.0% from its price of ₩14,050 on 20 November 2020. The South Korean market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.
Valuation Update With 7 Day Price Move • Feb 05Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₩13,850, the stock is trading at a trailing P/E ratio of 17.5x, up from the previous P/E ratio of 15.1x. This compares to an average P/E of 21x in the Semiconductor industry in South Korea. Total return to shareholders over the past three years is a loss of 48%.
分析記事 • Feb 04Should TOPTEC Co., Ltd (KOSDAQ:108230) Be Part Of Your Dividend Portfolio?Dividend paying stocks like TOPTEC Co., Ltd ( KOSDAQ:108230 ) tend to be popular with investors, and for good reason...
分析記事 • Jan 20Is TOPTEC Co., Ltd's (KOSDAQ:108230) Recent Price Movement Underpinned By Its Weak Fundamentals?With its stock down 22% over the past three months, it is easy to disregard TOPTEC (KOSDAQ:108230). It seems that the...
Is New 90 Day High Low • Jan 18New 90-day low: ₩11,050The company is down 33% from its price of ₩16,600 on 20 October 2020. The South Korean market is up 30% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 39% over the same period.
分析記事 • Jan 05A Look At TOPTEC's (KOSDAQ:108230) Share Price ReturnsThe truth is that if you invest for long enough, you're going to end up with some losing stocks. But long term TOPTEC...
Upcoming Dividend • Dec 22Upcoming Dividend of ₩100.00 Per ShareWill be paid on the 24th of April to those who are registered shareholders by the 29th of December. The trailing yield of 0.9% is below the top quartile of South Korean dividend payers (2.6%), but is in line with industry peers (0.8%).
分析記事 • Dec 21We're Watching These Trends At TOPTEC (KOSDAQ:108230)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...
Is New 90 Day High Low • Dec 09New 90-day low: ₩12,450The company is down 27% from its price of ₩17,050 on 10 September 2020. The South Korean market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 30% over the same period.
分析記事 • Dec 03Here's Why We Don't Think TOPTEC's (KOSDAQ:108230) Statutory Earnings Reflect Its Underlying Earnings PotentialBroadly speaking, profitable businesses are less risky than unprofitable ones. However, sometimes companies receive a...
分析記事 • Nov 18Do Institutions Own TOPTEC Co., Ltd (KOSDAQ:108230) Shares?The big shareholder groups in TOPTEC Co., Ltd (KOSDAQ:108230) have power over the company. Institutions will often...
Is New 90 Day High Low • Nov 17New 90-day low: ₩13,900The company is down 9.0% from its price of ₩15,300 on 19 August 2020. The South Korean market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 19% over the same period.
Is New 90 Day High Low • Sep 25New 90-day low: ₩14,450The company is down 26% from its price of ₩19,650 on 26 June 2020. The South Korean market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period.