View ValuationS-Tech 将来の成長Future 基準チェック /06現在、 S-Techの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Machinery 収益成長29.7%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.091 (vs NT$0.27 in 1Q 2025)First quarter 2026 results: EPS: NT$0.091 (down from NT$0.27 in 1Q 2025). Revenue: NT$513.0m (down 24% from 1Q 2025). Net income: NT$20.5m (down 67% from 1Q 2025). Profit margin: 4.0% (down from 9.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.New Risk • Apr 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 145% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.44 (vs NT$1.57 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$1.57 in FY 2024). Revenue: NT$2.59b (down 9.9% from FY 2024). Net income: NT$101.7m (down 67% from FY 2024). Profit margin: 3.9% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Mar 04S-Tech Corp., Annual General Meeting, May 28, 2026S-Tech Corp., Annual General Meeting, May 28, 2026, at 10:00 Taipei Standard Time. Location: 1 floor no,15, kung i rd., liouying district, tainan city TaiwanReported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.44 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.19 (down from NT$0.44 in 3Q 2024). Revenue: NT$616.2m (down 25% from 3Q 2024). Net income: NT$43.6m (down 49% from 3Q 2024). Profit margin: 7.1% (down from 10% in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 232% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 232% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).Upcoming Dividend • Jun 07Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.8%).Declared Dividend • May 24Dividend reduced to NT$0.70Dividend of NT$0.70 is 53% lower than last year. Ex-date: 12th June 2025 Payment date: 2nd July 2025 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 52% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27. Revenue: NT$676.0m (up 14% from 1Q 2024). Net income: NT$62.2m (up 6.4% from 1Q 2024). Profit margin: 9.2% (in line with 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Taiwan.お知らせ • Apr 17S-Tech Corp. to Report Q1, 2025 Results on Apr 24, 2025S-Tech Corp. announced that they will report Q1, 2025 results on Apr 24, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$24.85, the stock trades at a trailing P/E ratio of 18.7x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 47% over the past three years.New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.15, the stock trades at a trailing P/E ratio of 23.4x. Average forward P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 107% over the past three years.New Risk • Mar 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).New Risk • Mar 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% 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: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).お知らせ • Feb 26+ 1 more updateS-Tech Corp., Annual General Meeting, May 22, 2025S-Tech Corp., Annual General Meeting, May 22, 2025. Location: 1 floor no,15, kung i rd., liouying district, tainan city Taiwanお知らせ • Feb 18S-Tech Corp. to Report Q4, 2024 Results on Feb 25, 2025S-Tech Corp. announced that they will report Q4, 2024 results on Feb 25, 2025お知らせ • Jan 03+ 1 more updateS-Tech Corp. Announces the Resignation of Michael Wu as CEOS-Tech Corp. announced the resignation of Michael Wu as CEO, effective from January 2, 2025.New Risk • Dec 16New 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 Shareholders have been diluted in the past year (21% increase in shares outstanding).New Risk • Nov 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (21% increase in shares outstanding).New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.49 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.44 (down from NT$0.49 in 3Q 2023). Revenue: NT$823.0m (up 21% from 3Q 2023). Net income: NT$85.4m (flat on 3Q 2023). Profit margin: 10% (down from 13% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.お知らせ • Oct 24S-Tech Corp. to Report Q3, 2024 Results on Oct 31, 2024S-Tech Corp. announced that they will report Q3, 2024 results on Oct 31, 2024お知らせ • Sep 28S-Tech Corp. announced that it expects to receive TWD 400 million in fundingS-Tech Corp. announced a private placement to issue 40,000,000 shares at an issue price of TWD 10 per share for the gross proceeds of TWD 400,000,000 on September 26, 2024. The transaction has been approved by shareholders of company and is expected to close from November 4, 2024 to November 15, 2024.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$43.15, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 246% over the past three years.Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.00 (vs NT$0.52 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.00 (up from NT$0.52 in 2Q 2023). Revenue: NT$824.2m (up 25% from 2Q 2023). Net income: NT$192.4m (up 144% from 2Q 2023). Profit margin: 23% (up from 12% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Aug 07Now 21% overvaluedOver the last 90 days, the stock has fallen 6.1% to NT$32.30. The fair value is estimated to be NT$26.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 67%.お知らせ • Jul 19S-Tech Corp. to Report Q2, 2024 Results on Jul 25, 2024S-Tech Corp. announced that they will report Q2, 2024 results on Jul 25, 2024Declared Dividend • Jun 01Dividend increased to NT$1.50Dividend of NT$1.50 is 114% higher than last year. Ex-date: 17th June 2024 Payment date: 16th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 174% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 69% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.33 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30. Revenue: NT$592.8m (down 5.1% from 1Q 2023). Net income: NT$58.5m (up 16% from 1Q 2023). Profit margin: 9.9% (up from 8.1% in 1Q 2023).お知らせ • Apr 19S-Tech Corp. to Report Q1, 2024 Results on Apr 25, 2024S-Tech Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on Apr 25, 2024Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$3.01 (vs NT$1.12 in FY 2022)Full year 2023 results: EPS: NT$3.01 (up from NT$1.12 in FY 2022). Revenue: NT$2.75b (up 55% from FY 2022). Net income: NT$506.4m (up 246% from FY 2022). Profit margin: 18% (up from 8.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 01+ 1 more updateS-Tech Corp., Annual General Meeting, May 29, 2024S-Tech Corp., Annual General Meeting, May 29, 2024. Location: NO.15, Gong 1st Road, Liouying Dist., (company's 1F meeting room) Tainan City Taiwan Agenda: To consider annual business report in 2023; to consider the audit committee reviews the annual final accounts report in 2023; to consider annual director and employee remuneration distribution proposal in 2023; to consider report on directors' remuneration in 2023; to consider business report and financial statements in 2023; to consider annual surplus distribution proposal in 2023; to consider Amendment of company's Regulations Governing the Acquisition and Disposal of Assets; and to consider other matters.Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$0.49 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.49 (up from NT$0.27 in 3Q 2022). Revenue: NT$679.4m (up 56% from 3Q 2022). Net income: NT$85.6m (up 147% from 3Q 2022). Profit margin: 13% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.New Risk • Sep 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (20% accrual ratio). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding).Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.52 (up from NT$0.36 in 2Q 2022). Revenue: NT$659.2m (up 59% from 2Q 2022). Net income: NT$78.8m (up 79% from 2Q 2022). Profit margin: 12% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 04S-Tech Corp. Appoints Wu, Bo-Chen as Chief Information Security OfficerS-Tech Corp. announced the appointment of Wu, Bo-Chen as Chief Information Security Officer. Name, title, and resume of the new position holder: Wu, Bo-Chen /CEO. Effective date is August 03, 2023.New Risk • Jul 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).お知らせ • Jul 06S-Tech Corp. announced that it expects to receive TWD 400 million in fundingS-Tech Corp. announced a private placement to issue 40,000,000 shares at an issue price of TWD 10 per share for the gross proceeds of TWD 400,000,000 on July 4, 2023. The transaction has been approved by the shareholders of the company. The transaction of shareholders and employees is expected to close on July 28, 2023 to August 7, 2023 and specific person is from August 8, 2023 to August 10, 2023.Upcoming Dividend • Jun 06Upcoming dividend of NT$0.70 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 10 July 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.1%).お知らせ • May 26S-Tech Corp. Announces Cash Dividend to Common ShareholdersS-Tech Corp. announced cash dividends to common shareholders of TWD 106,729,373 (TWD 0.7 per share). Ex-rights (Ex-dividend) date is June 13, 2023. Ex-rights (Ex-dividend) record date is June 19, 2023. Payment date of cash dividend is July 10, 2023.Reported Earnings • May 14First quarter 2023 earnings released: EPS: NT$0.33 (vs NT$0.27 in 1Q 2022)First quarter 2023 results: EPS: NT$0.33 (up from NT$0.27 in 1Q 2022). Revenue: NT$624.4m (up 88% from 1Q 2022). Net income: NT$50.4m (up 55% from 1Q 2022). Profit margin: 8.1% (down from 9.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$37.70, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 397% over the past three years.Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$1.12 (vs NT$0.46 in FY 2021)Full year 2022 results: EPS: NT$1.12 (up from NT$0.46 in FY 2021). Revenue: NT$1.77b (up 60% from FY 2021). Net income: NT$146.4m (up 170% from FY 2021). Profit margin: 8.3% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 14S-Tech Corp. (TPEX:1584) entered into an agreement to acquire S350 Forging Plant and Finishing Plant from Gloria Material Technology Corp. (TPEX:5009) for NTD 0.21 millionS-Tech Corp. (TPEX:1584) entered into an agreement to acquire S350 Forging Plant and Finishing Plant from Gloria Material Technology Corp. (TPEX:5009) for NTD 207.44 million on January 12, 2023. The board of directors of S-Tech Corp. and Gloria Material Technology Corp. approved the transaction.Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improved over the past weekAfter last week's 30% share price gain to NT$23.30, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 12x in the Machinery industry in Taiwan. Total returns to shareholders of 178% over the past three years.Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.13 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (up from NT$0.13 in 3Q 2021). Revenue: NT$434.8m (up 36% from 3Q 2021). Net income: NT$34.6m (up 115% from 3Q 2021). Profit margin: 8.0% (up from 5.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$0.36 (vs NT$0.043 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.36 (up from NT$0.043 in 2Q 2021). Revenue: NT$415.9m (up 90% from 2Q 2021). Net income: NT$44.2m (up NT$38.9m from 2Q 2021). Profit margin: 11% (up from 2.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 07Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 15 July 2022. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.2%).お知らせ • May 27S-Tech Corp. Announces Members of Audit Committee AppointmentsS-Tech Corp. announced the appointment of Sheng-Tsheng,Lee and Lih-Farn,Shiau as members of audit committee of the company, effective May 26, 2022.Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.044 in 1Q 2021)First quarter 2022 results: EPS: NT$0.27 (up from NT$0.044 in 1Q 2021). Revenue: NT$332.6m (up 86% from 1Q 2021). Net income: NT$32.6m (up NT$27.9m from 1Q 2021). Profit margin: 9.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$24.80, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 15x in the Machinery industry in Taiwan. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$20.30, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 155% over the past three years.Reported Earnings • Mar 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.46 (up from NT$0.41 in FY 2020). Revenue: NT$1.11b (up 41% from FY 2020). Net income: NT$54.3m (up 62% from FY 2020). Profit margin: 4.9% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.65, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 146% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.13 (vs NT$0.29 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$318.9m (up 55% from 3Q 2020). Net income: NT$16.1m (down 34% from 3Q 2020). Profit margin: 5.1% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$20.00, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 184% over the past three years.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$18.75, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 141% over the past three years.Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.10 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$219.4m (up 39% from 2Q 2020). Net income: NT$5.32m (down 37% from 2Q 2020). Profit margin: 2.4% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$14.60, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 87% over the past three years.Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.063 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$178.7m (down 25% from 1Q 2020). Net income: NT$4.67m (up NT$9.88m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.00, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 32% over the past three years.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$14.15, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 27% over the past three years.分析記事 • Apr 01S-Tech (GTSM:1584) Strong Profits May Be Masking Some Underlying IssuesS-Tech Corp.'s ( GTSM:1584 ) healthy profit numbers didn't contain any surprises for investors. However the statutory...分析記事 • Mar 27S-Tech (GTSM:1584) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$0.41 (vs NT$0.72 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$787.6m (down 6.8% from FY 2019). Net income: NT$33.5m (up NT$92.9m from FY 2019). Profit margin: 4.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 09S-Tech Corp., Annual General Meeting, May 25, 2021S-Tech Corp., Annual General Meeting, May 25, 2021.分析記事 • Feb 22A Look At The Intrinsic Value Of S-Tech Corp. (GTSM:1584)Today we will run through one way of estimating the intrinsic value of S-Tech Corp. ( GTSM:1584 ) by taking the...分析記事 • Jan 01Is S-Tech (GTSM:1584) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Is New 90 Day High Low • Nov 25New 90-day high: NT$10.10The company is up 25% from its price of NT$8.10 on 27 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period.Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$0.29The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$206.1m (down 9.5% from 3Q 2019). Net income: NT$24.3m (up NT$36.4m from 3Q 2019). Profit margin: 12% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 29New 90-day high: NT$9.97The company is up 29% from its price of NT$7.70 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、S-Tech は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:1584 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/20262,43160654885N/A12/31/20252,5941028051,001N/A9/30/20252,59626321497N/A6/30/20252,80368-1,411181N/A3/31/20252,963313-1,942-146N/A12/31/20242,880309-2,199-350N/A9/30/20243,026628-1,935-34N/A6/30/20242,882628-937-92N/A3/31/20242,717514-712121N/A12/31/20232,748506-614141N/A9/30/20232,551250-548130N/A6/30/20232,306199-410-104N/A3/31/20232,063164-787-711N/A12/31/20221,771146-761-717N/A9/30/20221,575140-998-964N/A6/30/20221,459121-985-970N/A3/31/20221,26382-650-638N/A12/31/20211,10954-737-731N/A9/30/202190332-437-434N/A6/30/202179140-62-55N/A3/31/2021730436772N/A12/31/202078833161166N/A9/30/2020816484100N/A6/30/2020837-334759N/A3/31/2020903-51122134N/A12/31/2019845-59N/A63N/A9/30/2019753-61N/A-23N/A6/30/2019621-52N/A37N/A3/31/2019532-50N/A5N/A12/31/2018544-70N/A23N/A9/30/2018612-77N/A87N/A6/30/2018752-84N/A53N/A3/31/2018886-98N/A6N/A12/31/2017956-79N/A-39N/A9/30/2017979-48N/A-84N/A6/30/2017912-37N/A-22N/A3/31/2017832-4N/A85N/A12/31/20167382N/A234N/A9/30/2016715-86N/A203N/A6/30/2016777-111N/A154N/A3/31/2016896-116N/A108N/A12/31/20151,010-114N/A0N/A9/30/20151,090-19N/A83N/A6/30/20151,142-2N/A-10N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 1584の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 1584の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 1584の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 1584の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 1584の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 1584の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance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2026/05/23 20:44終値2026/05/22 00:00収益2026/03/31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S-Tech Corp. 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Jihong LaiCapital Securities Corporation
Reported Earnings • May 05First quarter 2026 earnings released: EPS: NT$0.091 (vs NT$0.27 in 1Q 2025)First quarter 2026 results: EPS: NT$0.091 (down from NT$0.27 in 1Q 2025). Revenue: NT$513.0m (down 24% from 1Q 2025). Net income: NT$20.5m (down 67% from 1Q 2025). Profit margin: 4.0% (down from 9.2% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
New Risk • Apr 11New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 145% 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 Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • Mar 04Full year 2025 earnings released: EPS: NT$0.44 (vs NT$1.57 in FY 2024)Full year 2025 results: EPS: NT$0.44 (down from NT$1.57 in FY 2024). Revenue: NT$2.59b (down 9.9% from FY 2024). Net income: NT$101.7m (down 67% from FY 2024). Profit margin: 3.9% (down from 11% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 04S-Tech Corp., Annual General Meeting, May 28, 2026S-Tech Corp., Annual General Meeting, May 28, 2026, at 10:00 Taipei Standard Time. Location: 1 floor no,15, kung i rd., liouying district, tainan city Taiwan
Reported Earnings • Oct 31Third quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.44 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.19 (down from NT$0.44 in 3Q 2024). Revenue: NT$616.2m (down 25% from 3Q 2024). Net income: NT$43.6m (down 49% from 3Q 2024). Profit margin: 7.1% (down from 10% in 3Q 2024). Revenue is forecast to grow 6.8% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Machinery industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
New Risk • Aug 07New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 232% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.9% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 232% Paying a dividend despite having no free cash flows. High level of non-cash earnings (26% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.4% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Upcoming Dividend • Jun 07Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 02 July 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (5.2%). In line with average of industry peers (2.8%).
Declared Dividend • May 24Dividend reduced to NT$0.70Dividend of NT$0.70 is 53% lower than last year. Ex-date: 12th June 2025 Payment date: 2nd July 2025 Dividend yield will be 2.6%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (46% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 52% per year over the past 3 years. However, payments have been volatile during that time. Earnings per share has grown by 50% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 14First quarter 2025 earnings released: EPS: NT$0.27 (vs NT$0.30 in 1Q 2024)First quarter 2025 results: EPS: NT$0.27. Revenue: NT$676.0m (up 14% from 1Q 2024). Net income: NT$62.2m (up 6.4% from 1Q 2024). Profit margin: 9.2% (in line with 1Q 2024). Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Machinery industry in Taiwan.
お知らせ • Apr 17S-Tech Corp. to Report Q1, 2025 Results on Apr 24, 2025S-Tech Corp. announced that they will report Q1, 2025 results on Apr 24, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$24.85, the stock trades at a trailing P/E ratio of 18.7x. Average forward P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 47% over the past three years.
New Risk • Mar 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.0% average weekly change). Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).
Valuation Update With 7 Day Price Move • Mar 24Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$31.15, the stock trades at a trailing P/E ratio of 23.4x. Average forward P/E is 23x in the Machinery industry in Taiwan. Total returns to shareholders of 107% over the past three years.
New Risk • Mar 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).
New Risk • Mar 06New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 11% Last year net profit margin: 18% 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: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (11% net profit margin). Shareholders have been diluted in the past year (21% increase in shares outstanding).
お知らせ • Feb 26+ 1 more updateS-Tech Corp., Annual General Meeting, May 22, 2025S-Tech Corp., Annual General Meeting, May 22, 2025. Location: 1 floor no,15, kung i rd., liouying district, tainan city Taiwan
お知らせ • Feb 18S-Tech Corp. to Report Q4, 2024 Results on Feb 25, 2025S-Tech Corp. announced that they will report Q4, 2024 results on Feb 25, 2025
お知らせ • Jan 03+ 1 more updateS-Tech Corp. Announces the Resignation of Michael Wu as CEOS-Tech Corp. announced the resignation of Michael Wu as CEO, effective from January 2, 2025.
New Risk • Dec 16New 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 Shareholders have been diluted in the past year (21% increase in shares outstanding).
New Risk • Nov 20New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (48% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (21% increase in shares outstanding).
New Risk • Nov 10New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (48% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 10Third quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.49 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.44 (down from NT$0.49 in 3Q 2023). Revenue: NT$823.0m (up 21% from 3Q 2023). Net income: NT$85.4m (flat on 3Q 2023). Profit margin: 10% (down from 13% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
お知らせ • Oct 24S-Tech Corp. to Report Q3, 2024 Results on Oct 31, 2024S-Tech Corp. announced that they will report Q3, 2024 results on Oct 31, 2024
お知らせ • Sep 28S-Tech Corp. announced that it expects to receive TWD 400 million in fundingS-Tech Corp. announced a private placement to issue 40,000,000 shares at an issue price of TWD 10 per share for the gross proceeds of TWD 400,000,000 on September 26, 2024. The transaction has been approved by shareholders of company and is expected to close from November 4, 2024 to November 15, 2024.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$43.15, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 246% over the past three years.
Reported Earnings • Aug 09Second quarter 2024 earnings released: EPS: NT$1.00 (vs NT$0.52 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.00 (up from NT$0.52 in 2Q 2023). Revenue: NT$824.2m (up 25% from 2Q 2023). Net income: NT$192.4m (up 144% from 2Q 2023). Profit margin: 23% (up from 12% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Aug 07Now 21% overvaluedOver the last 90 days, the stock has fallen 6.1% to NT$32.30. The fair value is estimated to be NT$26.61, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 67%.
お知らせ • Jul 19S-Tech Corp. to Report Q2, 2024 Results on Jul 25, 2024S-Tech Corp. announced that they will report Q2, 2024 results on Jul 25, 2024
Declared Dividend • Jun 01Dividend increased to NT$1.50Dividend of NT$1.50 is 114% higher than last year. Ex-date: 17th June 2024 Payment date: 16th July 2024 Dividend yield will be 4.4%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (52% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 174% per year over the past 2 years and payments have been stable during that time. Earnings per share has grown by 69% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 12First quarter 2024 earnings released: EPS: NT$0.30 (vs NT$0.33 in 1Q 2023)First quarter 2024 results: EPS: NT$0.30. Revenue: NT$592.8m (down 5.1% from 1Q 2023). Net income: NT$58.5m (up 16% from 1Q 2023). Profit margin: 9.9% (up from 8.1% in 1Q 2023).
お知らせ • Apr 19S-Tech Corp. to Report Q1, 2024 Results on Apr 25, 2024S-Tech Corp. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on Apr 25, 2024
Reported Earnings • Mar 12Full year 2023 earnings released: EPS: NT$3.01 (vs NT$1.12 in FY 2022)Full year 2023 results: EPS: NT$3.01 (up from NT$1.12 in FY 2022). Revenue: NT$2.75b (up 55% from FY 2022). Net income: NT$506.4m (up 246% from FY 2022). Profit margin: 18% (up from 8.3% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 01+ 1 more updateS-Tech Corp., Annual General Meeting, May 29, 2024S-Tech Corp., Annual General Meeting, May 29, 2024. Location: NO.15, Gong 1st Road, Liouying Dist., (company's 1F meeting room) Tainan City Taiwan Agenda: To consider annual business report in 2023; to consider the audit committee reviews the annual final accounts report in 2023; to consider annual director and employee remuneration distribution proposal in 2023; to consider report on directors' remuneration in 2023; to consider business report and financial statements in 2023; to consider annual surplus distribution proposal in 2023; to consider Amendment of company's Regulations Governing the Acquisition and Disposal of Assets; and to consider other matters.
Reported Earnings • Nov 04Third quarter 2023 earnings released: EPS: NT$0.49 (vs NT$0.27 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.49 (up from NT$0.27 in 3Q 2022). Revenue: NT$679.4m (up 56% from 3Q 2022). Net income: NT$85.6m (up 147% from 3Q 2022). Profit margin: 13% (up from 8.0% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has only increased by 49% per year, which means it is significantly lagging earnings growth.
New Risk • Sep 10New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 57% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (20% accrual ratio). Shareholders have been substantially diluted in the past year (57% increase in shares outstanding).
Reported Earnings • Aug 05Second quarter 2023 earnings released: EPS: NT$0.52 (vs NT$0.36 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.52 (up from NT$0.36 in 2Q 2022). Revenue: NT$659.2m (up 59% from 2Q 2022). Net income: NT$78.8m (up 79% from 2Q 2022). Profit margin: 12% (up from 11% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 66% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 04S-Tech Corp. Appoints Wu, Bo-Chen as Chief Information Security OfficerS-Tech Corp. announced the appointment of Wu, Bo-Chen as Chief Information Security Officer. Name, title, and resume of the new position holder: Wu, Bo-Chen /CEO. Effective date is August 03, 2023.
New Risk • Jul 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.1% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (36% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.5% average weekly change). Shareholders have been diluted in the past year (24% increase in shares outstanding).
お知らせ • Jul 06S-Tech Corp. announced that it expects to receive TWD 400 million in fundingS-Tech Corp. announced a private placement to issue 40,000,000 shares at an issue price of TWD 10 per share for the gross proceeds of TWD 400,000,000 on July 4, 2023. The transaction has been approved by the shareholders of the company. The transaction of shareholders and employees is expected to close on July 28, 2023 to August 7, 2023 and specific person is from August 8, 2023 to August 10, 2023.
Upcoming Dividend • Jun 06Upcoming dividend of NT$0.70 per share at 1.8% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 10 July 2023. Payout ratio is a comfortable 59% but the company is not cash flow positive. Trailing yield: 1.8%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (3.1%).
お知らせ • May 26S-Tech Corp. Announces Cash Dividend to Common ShareholdersS-Tech Corp. announced cash dividends to common shareholders of TWD 106,729,373 (TWD 0.7 per share). Ex-rights (Ex-dividend) date is June 13, 2023. Ex-rights (Ex-dividend) record date is June 19, 2023. Payment date of cash dividend is July 10, 2023.
Reported Earnings • May 14First quarter 2023 earnings released: EPS: NT$0.33 (vs NT$0.27 in 1Q 2022)First quarter 2023 results: EPS: NT$0.33 (up from NT$0.27 in 1Q 2022). Revenue: NT$624.4m (up 88% from 1Q 2022). Net income: NT$50.4m (up 55% from 1Q 2022). Profit margin: 8.1% (down from 9.8% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 72% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$37.70, the stock trades at a trailing P/E ratio of 39.3x. Average trailing P/E is 14x in the Machinery industry in Taiwan. Total returns to shareholders of 397% over the past three years.
Reported Earnings • Mar 09Full year 2022 earnings released: EPS: NT$1.12 (vs NT$0.46 in FY 2021)Full year 2022 results: EPS: NT$1.12 (up from NT$0.46 in FY 2021). Revenue: NT$1.77b (up 60% from FY 2021). Net income: NT$146.4m (up 170% from FY 2021). Profit margin: 8.3% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 51% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 14S-Tech Corp. (TPEX:1584) entered into an agreement to acquire S350 Forging Plant and Finishing Plant from Gloria Material Technology Corp. (TPEX:5009) for NTD 0.21 millionS-Tech Corp. (TPEX:1584) entered into an agreement to acquire S350 Forging Plant and Finishing Plant from Gloria Material Technology Corp. (TPEX:5009) for NTD 207.44 million on January 12, 2023. The board of directors of S-Tech Corp. and Gloria Material Technology Corp. approved the transaction.
Valuation Update With 7 Day Price Move • Nov 28Investor sentiment improved over the past weekAfter last week's 30% share price gain to NT$23.30, the stock trades at a trailing P/E ratio of 25.5x. Average trailing P/E is 12x in the Machinery industry in Taiwan. Total returns to shareholders of 178% over the past three years.
Reported Earnings • Nov 06Third quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.13 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.27 (up from NT$0.13 in 3Q 2021). Revenue: NT$434.8m (up 36% from 3Q 2021). Net income: NT$34.6m (up 115% from 3Q 2021). Profit margin: 8.0% (up from 5.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 08Second quarter 2022 earnings released: EPS: NT$0.36 (vs NT$0.043 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.36 (up from NT$0.043 in 2Q 2021). Revenue: NT$415.9m (up 90% from 2Q 2021). Net income: NT$44.2m (up NT$38.9m from 2Q 2021). Profit margin: 11% (up from 2.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 07Upcoming dividend of NT$0.20 per shareEligible shareholders must have bought the stock before 14 June 2022. Payment date: 15 July 2022. Trailing yield: 0.9%. Lower than top quartile of Taiwanese dividend payers (6.0%). Lower than average of industry peers (3.2%).
お知らせ • May 27S-Tech Corp. Announces Members of Audit Committee AppointmentsS-Tech Corp. announced the appointment of Sheng-Tsheng,Lee and Lih-Farn,Shiau as members of audit committee of the company, effective May 26, 2022.
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.27 (vs NT$0.044 in 1Q 2021)First quarter 2022 results: EPS: NT$0.27 (up from NT$0.044 in 1Q 2021). Revenue: NT$332.6m (up 86% from 1Q 2021). Net income: NT$32.6m (up NT$27.9m from 1Q 2021). Profit margin: 9.8% (up from 2.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$24.80, the stock trades at a trailing P/E ratio of 55.9x. Average trailing P/E is 15x in the Machinery industry in Taiwan. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$20.30, the stock trades at a trailing P/E ratio of 45.8x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 155% over the past three years.
Reported Earnings • Mar 01Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$0.46 (up from NT$0.41 in FY 2020). Revenue: NT$1.11b (up 41% from FY 2020). Net income: NT$54.3m (up 62% from FY 2020). Profit margin: 4.9% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 4.3%. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment improved over the past weekAfter last week's 17% share price gain to NT$17.65, the stock trades at a trailing P/E ratio of 67.6x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 146% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$0.13 (vs NT$0.29 in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: NT$318.9m (up 55% from 3Q 2020). Net income: NT$16.1m (down 34% from 3Q 2020). Profit margin: 5.1% (down from 12% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 92% per year but the company’s share price has only increased by 44% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$20.00, the stock trades at a trailing P/E ratio of 61x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 184% over the past three years.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 23% share price gain to NT$18.75, the stock trades at a trailing P/E ratio of 45.9x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 141% over the past three years.
Reported Earnings • Aug 05Second quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.10 in 2Q 2020)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$219.4m (up 39% from 2Q 2020). Net income: NT$5.32m (down 37% from 2Q 2020). Profit margin: 2.4% (down from 5.4% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$14.60, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 18x in the Machinery industry in Taiwan. Total returns to shareholders of 87% over the past three years.
Reported Earnings • May 16First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.063 loss in 1Q 2020)The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: NT$178.7m (down 25% from 1Q 2020). Net income: NT$4.67m (up NT$9.88m from 1Q 2020). Profit margin: 2.6% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$13.00, the stock trades at a trailing P/E ratio of 32x. Average trailing P/E is 17x in the Machinery industry in Taiwan. Total returns to shareholders of 32% over the past three years.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$14.15, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total returns to shareholders of 27% over the past three years.
分析記事 • Apr 01S-Tech (GTSM:1584) Strong Profits May Be Masking Some Underlying IssuesS-Tech Corp.'s ( GTSM:1584 ) healthy profit numbers didn't contain any surprises for investors. However the statutory...
分析記事 • Mar 27S-Tech (GTSM:1584) Is Looking To Continue Growing Its Returns On CapitalDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Reported Earnings • Mar 27Full year 2020 earnings released: EPS NT$0.41 (vs NT$0.72 loss in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$787.6m (down 6.8% from FY 2019). Net income: NT$33.5m (up NT$92.9m from FY 2019). Profit margin: 4.2% (up from net loss in FY 2019). The move to profitability was driven by lower expenses. 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 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 09S-Tech Corp., Annual General Meeting, May 25, 2021S-Tech Corp., Annual General Meeting, May 25, 2021.
分析記事 • Feb 22A Look At The Intrinsic Value Of S-Tech Corp. (GTSM:1584)Today we will run through one way of estimating the intrinsic value of S-Tech Corp. ( GTSM:1584 ) by taking the...
分析記事 • Jan 01Is S-Tech (GTSM:1584) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Is New 90 Day High Low • Nov 25New 90-day high: NT$10.10The company is up 25% from its price of NT$8.10 on 27 August 2020. The Taiwanese market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period.
Reported Earnings • Nov 09Third quarter 2020 earnings released: EPS NT$0.29The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: NT$206.1m (down 9.5% from 3Q 2019). Net income: NT$24.3m (up NT$36.4m from 3Q 2019). Profit margin: 12% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 29New 90-day high: NT$9.97The company is up 29% from its price of NT$7.70 on 31 July 2020. The Taiwanese market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period.