LFA（3226）株式概要LFA Co, Ltd.は台湾で自動車部品、電子部品、電源を製造・販売している。 詳細3226 ファンダメンタル分析スノーフレーク・スコア評価0/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金1/6リスク分析過去5年間で収益は年間16.2%減少しました。 意味のある時価総額がありません ( NT$3B )すべてのリスクチェックを見る3226 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$40.0079.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-60m3b2016201920222025202620282031Revenue NT$774.8mEarnings NT$66.2mAdvancedSet Fair ValueView all narrativesLFA Co., Ltd. 競合他社Excel Cell ElectronicSymbol: TWSE:2483Market cap: NT$2.7bCopartner TechnologySymbol: TWSE:3550Market cap: NT$2.3bMin Aik Precision IndustrialSymbol: TWSE:4545Market cap: NT$2.5bAxisSymbol: TPEX:6292Market cap: NT$2.7b価格と性能株価の高値、安値、推移の概要LFA過去の株価現在の株価NT$40.0052週高値NT$58.5052週安値NT$37.55ベータ0.421ヶ月の変化1.01%3ヶ月変化-25.23%1年変化-14.44%3年間の変化-33.00%5年間の変化-41.86%IPOからの変化49.71%最新ニュースReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.021 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.021 (down from NT$1.20 in 1Q 2025). Revenue: NT$339.9m (down 36% from 1Q 2025). Net income: NT$1.33m (down 98% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • Mar 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.4m) 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 Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$3.18b market cap, or US$99.4m).お知らせ • Mar 13LFA Co., Ltd., Annual General Meeting, Jun 26, 2026LFA Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,422, sinshih district, tainan city TaiwanValuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.25, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.New Risk • Dec 03New 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 6.5% 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 Risk Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$2.95b market cap, or US$94.0m).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.64 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.64 profit in 3Q 2024). Revenue: NT$308.4m (down 33% from 3Q 2024). Net loss: NT$2.79m (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.最新情報をもっと見るRecent updatesReported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.021 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.021 (down from NT$1.20 in 1Q 2025). Revenue: NT$339.9m (down 36% from 1Q 2025). Net income: NT$1.33m (down 98% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.New Risk • Mar 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.4m) 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 Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$3.18b market cap, or US$99.4m).お知らせ • Mar 13LFA Co., Ltd., Annual General Meeting, Jun 26, 2026LFA Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,422, sinshih district, tainan city TaiwanValuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.25, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.New Risk • Dec 03New 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 6.5% 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 Risk Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$2.95b market cap, or US$94.0m).Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.64 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.64 profit in 3Q 2024). Revenue: NT$308.4m (down 33% from 3Q 2024). Net loss: NT$2.79m (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$49.20, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total loss to shareholders of 3.8% over the past three years.New Risk • Aug 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.03b (US$99.9m) 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 Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (NT$3.03b market cap, or US$99.9m).New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.4% 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. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.50 loss per share (vs NT$1.87 profit in 2Q 2024)Second quarter 2025 results: NT$1.50 loss per share (down from NT$1.87 profit in 2Q 2024). Revenue: NT$441.3m (down 31% from 2Q 2024). Net loss: NT$96.4m (down 180% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 03Dividend of NT$0.50 announcedDividend of NT$0.50 is the same as last year. Ex-date: 20th August 2025 Payment date: 12th September 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.お知らせ • Jun 21LFA Co., Ltd. Announces Board Changes, Effective June 20, 2025LFA Co., Ltd. announced the name and resume of the previous position holder Hui-Ling Fang: Independent Director of LFA Co., Ltd., Cheng-Che Chiang: Associate Professor, Far East University of Science and Technology. with name and resume of the new position holder Independent director: Zhen-Hsiu Lu, and Chu-Cheng Yeh: Judge and Chief Judge, Tainan District Court. Effective date of the new appointment June 20, 2025.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$1.80 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (down from NT$1.80 in 1Q 2024). Revenue: NT$526.6m (down 7.1% from 1Q 2024). Net income: NT$77.0m (down 34% from 1Q 2024). Profit margin: 15% (down from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • May 01LFA Co., Ltd. to Report Q1, 2025 Results on May 08, 2025LFA Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$39.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 31% over the past three years.Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$5.56 (vs NT$4.04 in FY 2023)Full year 2024 results: EPS: NT$5.56 (up from NT$4.04 in FY 2023). Revenue: NT$2.13b (down 1.5% from FY 2023). Net income: NT$358.2m (up 38% from FY 2023). Profit margin: 17% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.お知らせ • Mar 17LFA Co., Ltd., Annual General Meeting, Jun 20, 2025LFA Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,422, lun tzu ting, sinshih district, tainan city Taiwanお知らせ • Mar 07LFA Co., Ltd. to Report Fiscal Year 2024 Results on Mar 14, 2025LFA Co., Ltd. announced that they will report fiscal year 2024 results on Mar 14, 2025Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.64 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.64 (down from NT$2.06 in 3Q 2023). Revenue: NT$461.7m (down 22% from 3Q 2023). Net income: NT$41.1m (down 69% from 3Q 2023). Profit margin: 8.9% (down from 23% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.New Risk • Nov 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.お知らせ • Nov 02Topower Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024Topower Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.87 (vs NT$2.73 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.87 (down from NT$2.73 in 2Q 2023). Revenue: NT$637.4m (up 7.4% from 2Q 2023). Net income: NT$120.4m (down 32% from 2Q 2023). Profit margin: 19% (down from 30% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Declared Dividend • Aug 08Dividend reduced to NT$0.50Dividend of NT$0.50 is 80% lower than last year. Ex-date: 21st August 2024 Payment date: 12th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.26b market cap, or US$99.4m).お知らせ • Aug 02Topower Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Topower Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.80 (vs NT$1.48 loss in 1Q 2023)First quarter 2024 results: EPS: NT$1.80 (up from NT$1.48 loss in 1Q 2023). Revenue: NT$567.0m (up 37% from 1Q 2023). Net income: NT$116.2m (up NT$211.4m from 1Q 2023). Profit margin: 21% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.New Risk • Mar 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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: Major Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$4.04 (vs NT$4.95 in FY 2022)Full year 2023 results: EPS: NT$4.04 (down from NT$4.95 in FY 2022). Revenue: NT$2.16b (down 3.7% from FY 2022). Net income: NT$260.2m (down 18% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.お知らせ • Mar 16Topower Co., Ltd., Annual General Meeting, Jun 27, 2024Topower Co., Ltd., Annual General Meeting, Jun 27, 2024. Location: No. 422, Lunziding, Lunding Village, Xinhua Dist Tainan City Taiwan Agenda: To consider 2023 Business Report; to consider audit Committee's Review Report on the 2023 Financial Statements; to report on the 2023 Employees, Directors, Bonus and Compensation; to report on the 2023 Earnings Distribution; to consider 2023 Final Accounting books and Financial Statements are submitted for ratification; and to consider proposal for Earnings Distribution of 2023 is submitted for ratification.New Risk • Dec 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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: Major Risk Earnings have declined by 5.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$2.06 (vs NT$1.22 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.06 (up from NT$1.22 in 3Q 2022). Revenue: NT$588.5m (up 28% from 3Q 2022). Net income: NT$132.7m (up 68% from 3Q 2022). Profit margin: 23% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.New Risk • Aug 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Large one-off items impacting financial results.New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (93% payout ratio).Upcoming Dividend • Aug 15Upcoming dividend of NT$2.50 per share at 4.1% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 14 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (3.4%).New Risk • Jul 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (131% payout ratio). Large one-off items impacting financial results.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.95 (vs NT$3.58 in FY 2021)Full year 2022 results: EPS: NT$4.95 (up from NT$3.58 in FY 2021). Revenue: NT$2.24b (down 23% from FY 2021). Net income: NT$318.8m (up 38% from FY 2021). Profit margin: 14% (up from 7.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Nov 17Third quarter 2022 earnings released: EPS: NT$1.22 (vs NT$0.81 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.22 (up from NT$0.81 loss in 3Q 2021). Revenue: NT$459.3m (down 39% from 3Q 2021). Net income: NT$78.8m (up NT$130.8m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.22 (vs NT$0.81 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.22 (up from NT$0.81 loss in 3Q 2021). Revenue: NT$459.3m (down 39% from 3Q 2021). Net income: NT$78.8m (up NT$130.8m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.Upcoming Dividend • Aug 17Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.94 (vs NT$1.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.94 (up from NT$1.79 in 2Q 2021). Revenue: NT$736.4m (down 8.0% from 2Q 2021). Net income: NT$124.7m (up 8.3% from 2Q 2021). Profit margin: 17% (up from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.39 in 1Q 2021)First quarter 2022 results: EPS: NT$1.56 (up from NT$1.39 in 1Q 2021). Revenue: NT$678.2m (up 3.8% from 1Q 2021). Net income: NT$100.6m (up 12% from 1Q 2021). Profit margin: 15% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$3.58 (vs NT$5.02 in FY 2020)Full year 2021 results: EPS: NT$3.58 (down from NT$5.02 in FY 2020). Revenue: NT$2.92b (up 17% from FY 2020). Net income: NT$230.5m (down 29% from FY 2020). Profit margin: 7.9% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.81 loss per share (vs NT$1.38 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$756.8m (up 3.9% from 3Q 2020). Net loss: NT$52.0m (down 158% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year.Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.79 (vs NT$0.68 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$800.8m (up 74% from 2Q 2020). Net income: NT$115.1m (up 161% from 2Q 2020). Profit margin: 14% (up from 9.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.Upcoming Dividend • Aug 17Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 24 September 2021. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.6%).Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.38 in 1Q 2020)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: NT$653.4m (up 21% from 1Q 2020). Net income: NT$89.6m (flat on 1Q 2020). Profit margin: 14% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.分析記事 • Apr 26Under The Bonnet, Topower's (GTSM:3226) Returns Look ImpressiveIf 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 • Apr 11Is Topower (GTSM:3226) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 27Estimating The Intrinsic Value Of Topower Co., Ltd. (GTSM:3226)In this article we are going to estimate the intrinsic value of Topower Co., Ltd. ( GTSM:3226 ) by taking the forecast...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$5.02 (vs NT$4.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: NT$2.49b (up 29% from FY 2019). Net income: NT$323.6m (up 20% from FY 2019). Profit margin: 13% (down from 14% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% 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 • Mar 17Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$79.00, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 58% over the past three years.Is New 90 Day High Low • Mar 16New 90-day high: NT$71.90The company is up 16% from a price of NT$62.00 on 16 December 2020. Outperformed the Taiwanese market which is up 15% over the last 90 days. Exceeded the Electrical industry, which is up 11% over the same period.分析記事 • Mar 12Does Topower's (GTSM:3226) Share Price Gain of 23% Match Its Business Performance?We believe investing is smart because history shows that stock markets go higher in the long term. But not every stock...分析記事 • Feb 22Should You Buy Topower Co., Ltd. (GTSM:3226) For Its Dividend?Dividend paying stocks like Topower Co., Ltd. ( GTSM:3226 ) tend to be popular with investors, and for good reason...分析記事 • Feb 01Topower Co., Ltd.'s (GTSM:3226) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Topower's (GTSM:3226) stock increased significantly by 17% over the past three...Is New 90 Day High Low • Jan 22New 90-day high: NT$66.90The company is up 16% from its price of NT$57.50 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 7.0% over the same period.分析記事 • Jan 11Will Topower (GTSM:3226) Become A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...Is New 90 Day High Low • Jan 06New 90-day high: NT$66.10The company is up 20% from its price of NT$55.00 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 9.0% over the same period.分析記事 • Dec 21Calculating The Fair Value Of Topower Co., Ltd. (GTSM:3226)Does the December share price for Topower Co., Ltd. ( GTSM:3226 ) reflect what it's really worth? Today, we will...Is New 90 Day High Low • Dec 05New 90-day high: NT$61.40The company is up 15% from its price of NT$53.60 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 7.0% over the same period.分析記事 • Nov 30Investors Who Bought Topower (GTSM:3226) Shares Three Years Ago Are Now Up 10%Low-cost index funds make it easy to achieve average market returns. But across the board there are plenty of stocks...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.38The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$728.6m (up 60% from 3Q 2019). Net income: NT$89.0m (up 37% from 3Q 2019). Profit margin: 12% (down from 14% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Nov 05New 90-day high: NT$58.00The company is up 7.0% from its price of NT$54.10 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 10.0% over the same period.Is New 90 Day High Low • Oct 13New 90-day high: NT$56.80The company is up 5.0% from its price of NT$54.00 on 15 July 2020. The Taiwanese market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electrical industry, which is up 13% over the same period.Is New 90 Day High Low • Sep 21New 90-day high: NT$55.50The company is up 4.0% from its price of NT$53.60 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period.株主還元3226TW ElectricalTW 市場7D-1.2%8.5%6.6%1Y-14.4%41.5%102.0%株主還元を見る業界別リターン: 3226過去 1 年間で41.5 % の収益を上げたTW Electrical業界を下回りました。リターン対市場: 3226は、過去 1 年間で102 % のリターンを上げたTW市場を下回りました。価格変動Is 3226's price volatile compared to industry and market?3226 volatility3226 Average Weekly Movement7.2%Electrical Industry Average Movement6.3%Market Average Movement6.2%10% most volatile stocks in TW Market12.3%10% least volatile stocks in TW Market2.5%安定した株価: 3226 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3226の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1975184Chong-Yi Linwww.lfa.com.twLFA Co., Ltd.は台湾で自動車部品、電子部品、電源を製造・販売している。LEDヘッドライト、トラック用ヘッドライト、フォグランプ、自動車用LEDテールランプ、トラック用LEDヘッドライトを提供している。旧社名はTopower Co, Ltd.で、2024年12月にLFA Co, Ltd.に社名変更した。LFAは1975年に設立され、台湾台南市に本社を置いている。もっと見るLFA Co., Ltd. 基礎のまとめLFA の収益と売上を時価総額と比較するとどうか。3226 基礎統計学時価総額NT$2.56b収益（TTM）-NT$59.92m売上高(TTM)NT$1.42b1.8xP/Sレシオ-43.0xPER（株価収益率3226 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3226 損益計算書（TTM）収益NT$1.42b売上原価NT$1.29b売上総利益NT$132.49mその他の費用NT$192.41m収益-NT$59.92m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-0.93グロス・マージン9.33%純利益率-4.22%有利子負債／自己資本比率14.3%3226 の長期的なパフォーマンスは？過去の実績と比較を見る配当金1.3%現在の配当利回り55%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/26 10:05終値2026/05/26 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LFA 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Toshiyuki AnegawaBofA Global Research
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.021 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.021 (down from NT$1.20 in 1Q 2025). Revenue: NT$339.9m (down 36% from 1Q 2025). Net income: NT$1.33m (down 98% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • Mar 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.4m) 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 Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$3.18b market cap, or US$99.4m).
お知らせ • Mar 13LFA Co., Ltd., Annual General Meeting, Jun 26, 2026LFA Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,422, sinshih district, tainan city Taiwan
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.25, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.
New Risk • Dec 03New 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 6.5% 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 Risk Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$2.95b market cap, or US$94.0m).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.64 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.64 profit in 3Q 2024). Revenue: NT$308.4m (down 33% from 3Q 2024). Net loss: NT$2.79m (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Reported Earnings • May 16First quarter 2026 earnings released: EPS: NT$0.021 (vs NT$1.20 in 1Q 2025)First quarter 2026 results: EPS: NT$0.021 (down from NT$1.20 in 1Q 2025). Revenue: NT$339.9m (down 36% from 1Q 2025). Net income: NT$1.33m (down 98% from 1Q 2025). Profit margin: 0.4% (down from 15% in 1Q 2025). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
New Risk • Mar 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.18b (US$99.4m) 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 Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$3.18b market cap, or US$99.4m).
お知らせ • Mar 13LFA Co., Ltd., Annual General Meeting, Jun 26, 2026LFA Co., Ltd., Annual General Meeting, Jun 26, 2026. Location: no,422, sinshih district, tainan city Taiwan
Valuation Update With 7 Day Price Move • Jan 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$48.25, the stock trades at a trailing P/E ratio of 53.3x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total loss to shareholders of 7.5% over the past three years.
New Risk • Dec 03New 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 6.5% 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 Risk Earnings have declined by 4.7% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Profit margins are more than 30% lower than last year (3.4% net profit margin). Market cap is less than US$100m (NT$2.95b market cap, or US$94.0m).
Reported Earnings • Nov 15Third quarter 2025 earnings released: NT$0.04 loss per share (vs NT$0.64 profit in 3Q 2024)Third quarter 2025 results: NT$0.04 loss per share (down from NT$0.64 profit in 3Q 2024). Revenue: NT$308.4m (down 33% from 3Q 2024). Net loss: NT$2.79m (down 107% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Nov 12Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$49.20, the stock trades at a trailing P/E ratio of 31x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total loss to shareholders of 3.8% over the past three years.
New Risk • Aug 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.03b (US$99.9m) 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 Profit margins are more than 30% lower than last year (5.4% net profit margin). Market cap is less than US$100m (NT$3.03b market cap, or US$99.9m).
New Risk • Aug 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.4% 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. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$1.50 loss per share (vs NT$1.87 profit in 2Q 2024)Second quarter 2025 results: NT$1.50 loss per share (down from NT$1.87 profit in 2Q 2024). Revenue: NT$441.3m (down 31% from 2Q 2024). Net loss: NT$96.4m (down 180% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 03Dividend of NT$0.50 announcedDividend of NT$0.50 is the same as last year. Ex-date: 20th August 2025 Payment date: 12th September 2025 Dividend yield will be 1.1%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (10% earnings payout ratio) and cash flows (22% cash payout ratio). The dividend has decreased over the past 96 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 3.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
お知らせ • Jun 21LFA Co., Ltd. Announces Board Changes, Effective June 20, 2025LFA Co., Ltd. announced the name and resume of the previous position holder Hui-Ling Fang: Independent Director of LFA Co., Ltd., Cheng-Che Chiang: Associate Professor, Far East University of Science and Technology. with name and resume of the new position holder Independent director: Zhen-Hsiu Lu, and Chu-Cheng Yeh: Judge and Chief Judge, Tainan District Court. Effective date of the new appointment June 20, 2025.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$1.20 (vs NT$1.80 in 1Q 2024)First quarter 2025 results: EPS: NT$1.20 (down from NT$1.80 in 1Q 2024). Revenue: NT$526.6m (down 7.1% from 1Q 2024). Net income: NT$77.0m (down 34% from 1Q 2024). Profit margin: 15% (down from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • May 01LFA Co., Ltd. to Report Q1, 2025 Results on May 08, 2025LFA Co., Ltd. announced that they will report Q1, 2025 results on May 08, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$39.50, the stock trades at a trailing P/E ratio of 7.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 31% over the past three years.
Reported Earnings • Mar 27Full year 2024 earnings released: EPS: NT$5.56 (vs NT$4.04 in FY 2023)Full year 2024 results: EPS: NT$5.56 (up from NT$4.04 in FY 2023). Revenue: NT$2.13b (down 1.5% from FY 2023). Net income: NT$358.2m (up 38% from FY 2023). Profit margin: 17% (up from 12% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
お知らせ • Mar 17LFA Co., Ltd., Annual General Meeting, Jun 20, 2025LFA Co., Ltd., Annual General Meeting, Jun 20, 2025. Location: no,422, lun tzu ting, sinshih district, tainan city Taiwan
お知らせ • Mar 07LFA Co., Ltd. to Report Fiscal Year 2024 Results on Mar 14, 2025LFA Co., Ltd. announced that they will report fiscal year 2024 results on Mar 14, 2025
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.64 (vs NT$2.06 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.64 (down from NT$2.06 in 3Q 2023). Revenue: NT$461.7m (down 22% from 3Q 2023). Net income: NT$41.1m (down 69% from 3Q 2023). Profit margin: 8.9% (down from 23% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
New Risk • Nov 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.22b (US$99.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
お知らせ • Nov 02Topower Co., Ltd. to Report Q3, 2024 Results on Nov 08, 2024Topower Co., Ltd. announced that they will report Q3, 2024 results on Nov 08, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$1.87 (vs NT$2.73 in 2Q 2023)Second quarter 2024 results: EPS: NT$1.87 (down from NT$2.73 in 2Q 2023). Revenue: NT$637.4m (up 7.4% from 2Q 2023). Net income: NT$120.4m (down 32% from 2Q 2023). Profit margin: 19% (down from 30% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Declared Dividend • Aug 08Dividend reduced to NT$0.50Dividend of NT$0.50 is 80% lower than last year. Ex-date: 21st August 2024 Payment date: 12th September 2024 Dividend yield will be 1.0%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is well covered by both earnings (7% earnings payout ratio) and cash flows (19% cash payout ratio). The dividend has decreased over the past 86 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 7.2% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Aug 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.26b (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 1.9% per year over the past 5 years. High level of non-cash earnings (29% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.26b market cap, or US$99.4m).
お知らせ • Aug 02Topower Co., Ltd. to Report Q2, 2024 Results on Aug 09, 2024Topower Co., Ltd. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$1.80 (vs NT$1.48 loss in 1Q 2023)First quarter 2024 results: EPS: NT$1.80 (up from NT$1.48 loss in 1Q 2023). Revenue: NT$567.0m (up 37% from 1Q 2023). Net income: NT$116.2m (up NT$211.4m from 1Q 2023). Profit margin: 21% (up from net loss in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 5% per year.
New Risk • Mar 31New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 32% 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: Major Risk Earnings have declined by 5.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$4.04 (vs NT$4.95 in FY 2022)Full year 2023 results: EPS: NT$4.04 (down from NT$4.95 in FY 2022). Revenue: NT$2.16b (down 3.7% from FY 2022). Net income: NT$260.2m (down 18% from FY 2022). Profit margin: 12% (down from 14% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 16Topower Co., Ltd., Annual General Meeting, Jun 27, 2024Topower Co., Ltd., Annual General Meeting, Jun 27, 2024. Location: No. 422, Lunziding, Lunding Village, Xinhua Dist Tainan City Taiwan Agenda: To consider 2023 Business Report; to consider audit Committee's Review Report on the 2023 Financial Statements; to report on the 2023 Employees, Directors, Bonus and Compensation; to report on the 2023 Earnings Distribution; to consider 2023 Final Accounting books and Financial Statements are submitted for ratification; and to consider proposal for Earnings Distribution of 2023 is submitted for ratification.
New Risk • Dec 01New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 27% 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: Major Risk Earnings have declined by 5.4% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$2.06 (vs NT$1.22 in 3Q 2022)Third quarter 2023 results: EPS: NT$2.06 (up from NT$1.22 in 3Q 2022). Revenue: NT$588.5m (up 28% from 3Q 2022). Net income: NT$132.7m (up 68% from 3Q 2022). Profit margin: 23% (up from 17% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
New Risk • Aug 24New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 40% 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: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (92% payout ratio). Large one-off items impacting financial results.
New Risk • Aug 18New major risk - Revenue and earnings growthEarnings have declined by 3.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.5% per year over the past 5 years. Minor Risk Dividend is not well covered by earnings (93% payout ratio).
Upcoming Dividend • Aug 15Upcoming dividend of NT$2.50 per share at 4.1% yieldEligible shareholders must have bought the stock before 22 August 2023. Payment date: 14 September 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 4.1%. Lower than top quartile of Taiwanese dividend payers (5.7%). Higher than average of industry peers (3.4%).
New Risk • Jul 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 46% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (131% payout ratio). Large one-off items impacting financial results.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.95 (vs NT$3.58 in FY 2021)Full year 2022 results: EPS: NT$4.95 (up from NT$3.58 in FY 2021). Revenue: NT$2.24b (down 23% from FY 2021). Net income: NT$318.8m (up 38% from FY 2021). Profit margin: 14% (up from 7.9% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Nov 17Third quarter 2022 earnings released: EPS: NT$1.22 (vs NT$0.81 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.22 (up from NT$0.81 loss in 3Q 2021). Revenue: NT$459.3m (down 39% from 3Q 2021). Net income: NT$78.8m (up NT$130.8m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
Reported Earnings • Nov 13Third quarter 2022 earnings released: EPS: NT$1.22 (vs NT$0.81 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.22 (up from NT$0.81 loss in 3Q 2021). Revenue: NT$459.3m (down 39% from 3Q 2021). Net income: NT$78.8m (up NT$130.8m from 3Q 2021). Profit margin: 17% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year.
Upcoming Dividend • Aug 17Upcoming dividend of NT$2.50 per shareEligible shareholders must have bought the stock before 24 August 2022. Payment date: 23 September 2022. Payout ratio is a comfortable 64% but the company is not cash flow positive. Trailing yield: 4.0%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (3.5%).
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.94 (vs NT$1.79 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.94 (up from NT$1.79 in 2Q 2021). Revenue: NT$736.4m (down 8.0% from 2Q 2021). Net income: NT$124.7m (up 8.3% from 2Q 2021). Profit margin: 17% (up from 14% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 17First quarter 2022 earnings released: EPS: NT$1.56 (vs NT$1.39 in 1Q 2021)First quarter 2022 results: EPS: NT$1.56 (up from NT$1.39 in 1Q 2021). Revenue: NT$678.2m (up 3.8% from 1Q 2021). Net income: NT$100.6m (up 12% from 1Q 2021). Profit margin: 15% (up from 14% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: NT$3.58 (vs NT$5.02 in FY 2020)Full year 2021 results: EPS: NT$3.58 (down from NT$5.02 in FY 2020). Revenue: NT$2.92b (up 17% from FY 2020). Net income: NT$230.5m (down 29% from FY 2020). Profit margin: 7.9% (down from 13% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.81 loss per share (vs NT$1.38 profit in 3Q 2020)The company reported a soft third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$756.8m (up 3.9% from 3Q 2020). Net loss: NT$52.0m (down 158% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 7% per year.
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$1.79 (vs NT$0.68 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$800.8m (up 74% from 2Q 2020). Net income: NT$115.1m (up 161% from 2Q 2020). Profit margin: 14% (up from 9.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 10% per year.
Upcoming Dividend • Aug 17Upcoming dividend of NT$3.50 per shareEligible shareholders must have bought the stock before 24 August 2021. Payment date: 24 September 2021. Trailing yield: 5.2%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.6%).
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$1.39 (vs NT$1.38 in 1Q 2020)The company reported a mediocre first quarter result with weaker profit margins, although earnings were flat and revenues improved. First quarter 2021 results: Revenue: NT$653.4m (up 21% from 1Q 2020). Net income: NT$89.6m (flat on 1Q 2020). Profit margin: 14% (down from 17% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 8% per year and the company’s share price has also increased by 8% per year.
分析記事 • Apr 26Under The Bonnet, Topower's (GTSM:3226) Returns Look ImpressiveIf 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 • Apr 11Is Topower (GTSM:3226) A Risky Investment?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 27Estimating The Intrinsic Value Of Topower Co., Ltd. (GTSM:3226)In this article we are going to estimate the intrinsic value of Topower Co., Ltd. ( GTSM:3226 ) by taking the forecast...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$5.02 (vs NT$4.19 in FY 2019)The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: NT$2.49b (up 29% from FY 2019). Net income: NT$323.6m (up 20% from FY 2019). Profit margin: 13% (down from 14% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% 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 • Mar 17Investor sentiment improved over the past weekAfter last week's 22% share price gain to NT$79.00, the stock trades at a trailing P/E ratio of 19x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 58% over the past three years.
Is New 90 Day High Low • Mar 16New 90-day high: NT$71.90The company is up 16% from a price of NT$62.00 on 16 December 2020. Outperformed the Taiwanese market which is up 15% over the last 90 days. Exceeded the Electrical industry, which is up 11% over the same period.
分析記事 • Mar 12Does Topower's (GTSM:3226) Share Price Gain of 23% Match Its Business Performance?We believe investing is smart because history shows that stock markets go higher in the long term. But not every stock...
分析記事 • Feb 22Should You Buy Topower Co., Ltd. (GTSM:3226) For Its Dividend?Dividend paying stocks like Topower Co., Ltd. ( GTSM:3226 ) tend to be popular with investors, and for good reason...
分析記事 • Feb 01Topower Co., Ltd.'s (GTSM:3226) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Topower's (GTSM:3226) stock increased significantly by 17% over the past three...
Is New 90 Day High Low • Jan 22New 90-day high: NT$66.90The company is up 16% from its price of NT$57.50 on 23 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 7.0% over the same period.
分析記事 • Jan 11Will Topower (GTSM:3226) Become A Multi-Bagger?Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Is New 90 Day High Low • Jan 06New 90-day high: NT$66.10The company is up 20% from its price of NT$55.00 on 08 October 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 9.0% over the same period.
分析記事 • Dec 21Calculating The Fair Value Of Topower Co., Ltd. (GTSM:3226)Does the December share price for Topower Co., Ltd. ( GTSM:3226 ) reflect what it's really worth? Today, we will...
Is New 90 Day High Low • Dec 05New 90-day high: NT$61.40The company is up 15% from its price of NT$53.60 on 04 September 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 7.0% over the same period.
分析記事 • Nov 30Investors Who Bought Topower (GTSM:3226) Shares Three Years Ago Are Now Up 10%Low-cost index funds make it easy to achieve average market returns. But across the board there are plenty of stocks...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.38The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2020 results: Revenue: NT$728.6m (up 60% from 3Q 2019). Net income: NT$89.0m (up 37% from 3Q 2019). Profit margin: 12% (down from 14% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Nov 05New 90-day high: NT$58.00The company is up 7.0% from its price of NT$54.10 on 07 August 2020. The Taiwanese market is down 1.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electrical industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Oct 13New 90-day high: NT$56.80The company is up 5.0% from its price of NT$54.00 on 15 July 2020. The Taiwanese market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it underperformed the Electrical industry, which is up 13% over the same period.
Is New 90 Day High Low • Sep 21New 90-day high: NT$55.50The company is up 4.0% from its price of NT$53.60 on 23 June 2020. The Taiwanese market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 15% over the same period.
