View ValuationNew Advanced Electronics Technologies 将来の成長Future 基準チェック /06現在、 New Advanced Electronics Technologies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Electrical 収益成長34.9%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 09First quarter 2026 earnings released: NT$0.92 loss per share (vs NT$0.70 profit in 1Q 2025)First quarter 2026 results: NT$0.92 loss per share (down from NT$0.70 profit in 1Q 2025). Revenue: NT$337.1m (down 24% from 1Q 2025). Net loss: NT$32.4m (down 230% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 142% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.29b market cap, or US$40.3m).New Risk • Mar 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.55b market cap, or US$48.1m).New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.07% Last year net profit margin: 1.7% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.63b market cap, or US$51.0m).Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.04 (vs NT$0.78 in FY 2024)Full year 2025 results: EPS: NT$0.04 (down from NT$0.78 in FY 2024). Revenue: NT$1.68b (up 5.7% from FY 2024). Net income: NT$1.24m (down 96% from FY 2024). Profit margin: 0.1% (down from 1.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.お知らせ • Mar 04New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 11, 2026New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 11, 2026, at 09:00 Taipei Standard Time. Location: 17- floor no,251, min ch`uan 1st rd., sinsing district, kaohsiung city TaiwanBoard Change • Feb 25Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Nai-Rung Chen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jan 05New Advanced Electronics Technologies Co., Ltd. Announces Demise of Wang, Chong-Chi, Legal Representative of the DirectorsNew Advanced Electronics Technologies Co., Ltd. announced a change of legal representative of the company's directors. The previous position holder was Wang, Chong-Chi, who served as the financial supervisor of NAE Technologies Inc. The new position holder is pending for reassignment. The change was necessitated by the passing away of the legal representative of the board of directors. The original term was from June 27, 2024 to June 26, 2027. The effective date of the new appointment is not applicable. Date of occurrence of the change: January 4, 2026.New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Cash payout ratio: 150% Earnings have declined by 43% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.55b market cap, or US$49.4m).New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 118% Cash payout ratio: 150% Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.57b market cap, or US$50.5m).Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.29 (down from NT$0.69 in 3Q 2024). Revenue: NT$490.4m (down 14% from 3Q 2024). Net income: NT$10.2m (down 58% from 3Q 2024). Profit margin: 2.1% (down from 4.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.09 loss per share (vs NT$0.75 loss in 2Q 2024)Second quarter 2025 results: NT$1.09 loss per share (further deteriorated from NT$0.75 loss in 2Q 2024). Revenue: NT$391.8m (up 65% from 2Q 2024). Net loss: NT$38.5m (loss widened 45% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Upcoming Dividend • Jul 11Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.8%).Declared Dividend • Jun 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (108% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 29% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years.New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.11b market cap, or US$70.6m).Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.088 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.70 (up from NT$0.088 loss in 1Q 2024). Revenue: NT$442.6m (up 38% from 1Q 2024). Net income: NT$24.9m (up NT$28.0m from 1Q 2024). Profit margin: 5.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.お知らせ • Apr 25New Advanced Electronics Technologies Co., Ltd. to Report Q1, 2025 Results on May 02, 2025New Advanced Electronics Technologies Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$45.00, the stock trades at a trailing P/E ratio of 57.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total loss to shareholders of 63% over the past three years.New Risk • Apr 07New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.96b market cap, or US$59.2m).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$0.78 (vs NT$0.36 in FY 2023)Full year 2024 results: EPS: NT$0.78 (up from NT$0.36 in FY 2023). Revenue: NT$1.59b (up 29% from FY 2023). Net income: NT$27.6m (up 130% from FY 2023). Profit margin: 1.7% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.お知らせ • Mar 14New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: 17- floor no,251, min ch`uan 1st rd., sinsing district, kaohsiung city Taiwanお知らせ • Mar 06New Advanced Electronics Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025New Advanced Electronics Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025Buy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 7.6% to NT$58.30. The fair value is estimated to be NT$48.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$0.78 in 3Q 2023). Revenue: NT$570.5m (up 57% from 3Q 2023). Net income: NT$24.3m (down 9.3% from 3Q 2023). Profit margin: 4.3% (down from 7.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Nov 02New Advanced Electronics Technologies Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.75 loss per share (vs NT$0.82 profit in 2Q 2023)Second quarter 2024 results: NT$0.75 loss per share (down from NT$0.82 profit in 2Q 2023). Revenue: NT$238.1m (down 38% from 2Q 2023). Net loss: NT$26.6m (down 200% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.お知らせ • Aug 03New Advanced Electronics Technologies Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024Upcoming Dividend • Jul 15Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).Reported Earnings • May 19First quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.85 loss in 1Q 2023)First quarter 2024 results: NT$0.09 loss per share (improved from NT$0.85 loss in 1Q 2023). Revenue: NT$321.7m (up 52% from 1Q 2023). Net loss: NT$3.10m (loss narrowed 89% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.お知らせ • May 02New Advanced Electronics Technologies Co., Ltd. to Report Q1, 2024 Results on May 09, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 09, 2024Declared Dividend • Mar 29Final dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 22nd July 2024 Payment date: 8th August 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (141% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments.Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$0.36 (vs NT$3.43 in FY 2022)Full year 2023 results: EPS: NT$0.36 (down from NT$3.43 in FY 2022). Revenue: NT$1.23b (down 14% from FY 2022). Net income: NT$12.0m (down 89% from FY 2022). Profit margin: 1.0% (down from 7.7% 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 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.お知らせ • Mar 15New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 27, 2024New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 27, 2024.Upcoming Dividend • Nov 23Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 29 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).お知らせ • Sep 28New Advanced Electronics Technologies Co., Ltd. Announces Cash Dividend for the Second Quarter of 2023, payable on December 29, 2023New Advanced Electronics Technologies Co., Ltd. announced Cash dividend distributed from legal reserve and capital reserve of TWD 70,659,724 (TWD 2.00 per share) to shareholders for second quarter of 2023. Ex-rights (Ex-dividend) date: November 30, 2023. Ex-rights (Ex-dividend) record date: December 8, 2023. Payment date of cash dividend distribution: December 29, 2023.Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.82 (vs NT$2.43 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.82 (down from NT$2.43 in 2Q 2022). Revenue: NT$381.1m (down 24% from 2Q 2022). Net income: NT$26.6m (down 66% from 2Q 2022). Profit margin: 7.0% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.お知らせ • Aug 06New Advanced Electronics Technologies Co., Ltd. announced that it expects to receive TWD 223.5 million in fundingNew Advanced Electronics Technologies Co., Ltd. announced private placement of 3,000,000 shares at an issue price of TWD 74.5 per share for proceeds of TWD 223,500,000 on August 4, 2023. The transaction was approved by the board of directors of the company.Upcoming Dividend • Jul 05Upcoming dividend of NT$2.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 12 July 2023. Payment date: 04 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).お知らせ • May 07New Advanced Electronics Technologies Co., Ltd. Announces No Dividend for the First Quarter in 2023New Advanced Electronics Technologies Co., Ltd. announced no dividend for the first quarter period from January 1, 2023 to March 31, 2023.お知らせ • May 06New Advanced Electronics Technologies Co., Ltd. Announces the Appointment of Mei-Fang, Chen as Corporate Governance OfficerNew Advanced Electronics Technologies Co., Ltd. announced the appointment of Mei-Fang, Chen/CFO as corporate governance officer, effective date is May 05, 2023. Reason for the change: new replacement.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$3.43 (vs NT$16.36 in FY 2021)Full year 2022 results: EPS: NT$3.43 (down from NT$16.36 in FY 2021). Revenue: NT$1.44b (down 53% from FY 2021). Net income: NT$111.0m (down 79% from FY 2021). Profit margin: 7.7% (down from 17% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$101, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 13x in the Electrical industry in Taiwan. Total returns to shareholders of 201% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Chih-Min Fang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 12New Advanced Electronics Technologies Co., Ltd. Announces No Dividend Distribution for the Third Quarter in 2022The board of directors of New Advanced Electronics Technologies Co., Ltd. announced no dividend for the third quarter of 2022.Upcoming Dividend • Sep 22Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 6.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.6%).Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$116, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 227% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.43 (vs NT$4.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.43 (down from NT$4.64 in 2Q 2021). Revenue: NT$501.4m (down 37% from 2Q 2021). Net income: NT$78.7m (down 47% from 2Q 2021). Profit margin: 16% (down from 19% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.お知らせ • Aug 12New Advanced Electronics Technologies Co., Ltd. Announces Cash Dividend for the Second Quarter of 2022, Payable on October 27, 2022New Advanced Electronics Technologies Co., Ltd. announced Cash dividends TWD 64,659,724 (TWD 2.00 per share) for second quarter 2022. Ex-rights (Ex-dividend) date is August 29, 2022. Ex-rights (Ex-dividend) record date is October 7, 2022. Payment date of cash dividend distribution is October 27, 2022.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$97.50, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 243% over the past three years.Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$125, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 340% over the past three years.Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.19 (vs NT$4.35 in 1Q 2021)First quarter 2022 results: EPS: NT$1.19 (down from NT$4.35 in 1Q 2021). Revenue: NT$420.4m (down 30% from 1Q 2021). Net income: NT$38.4m (down 73% from 1Q 2021). Profit margin: 9.1% (down from 23% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Cher-Min Fang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$122, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 289% over the past three years.お知らせ • Mar 06+ 1 more updateNew Advanced Electronics Technologies Co., Ltd. Declares Dividend for the Fourth Quarter of 2021, Payable on April 29, 2022New Advanced Electronics Technologies Co., Ltd. declared a dividend of TWD 4.50 per share for the fourth quarter of 2021, payable on April 29, 2022. Ex-rights (Ex-dividend) record date is April 11, 2022.Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$207, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 916% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$4.38 (vs NT$1.20 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$848.2m (up 341% from 3Q 2020). Net income: NT$141.0m (up 264% from 3Q 2020). Profit margin: 17% (down from 20% 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 125% per year but the company’s share price has only increased by 104% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 01Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 01 October 2021. Trailing yield: 9.3%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$4.64 (vs NT$0.31 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$801.1m (up NT$800.5m from 2Q 2020). Net income: NT$149.3m (up NT$159.3m from 2Q 2020). Profit margin: 19% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 122% per year, which means it is tracking significantly ahead of earnings growth.Executive Departure • Aug 05Independent Director Huicheng Shen has left the companyOn the 29th of July, Huicheng Shen's tenure as Independent Director ended after 2.7 years in the role. We don't have any record of a personal shareholding under Huicheng's name. Huicheng is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$183, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 1,412% over the past three years.Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$4.35 (vs NT$0.29 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$600.5m (up NT$599.4m from 1Q 2020). Net income: NT$139.9m (up NT$146.3m from 1Q 2020). Profit margin: 23% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 162% per year, which means it is tracking significantly ahead of earnings growth.分析記事 • Apr 14New Advanced Electronics Technologies (GTSM:3465) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...お知らせ • Mar 19New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 16, 2021New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 16, 2021. Location: 17F-1,No.251 Minquan 1st Road Xinxing District, Kaohsiung City (Asia Business Center) Kaohsiung City Taiwan Agenda: To consider annual business report 2020; to consider the Audit Committees final accounts report in 2020; to consider the report on the implementation of the operating plan after the capital reduction; to consider the report on the implementation of cash reinvestment in private equity common stock 2020; to consider the report on the implementation of cash reinvestment in private equity common stock 2019 and 2018; to consider amendment to the Rules of Procedure for Board of Directors Meetings; to consider amendment to the Code of Ethical Conduct; to consider amendment to the Procedures for Ethical Management and Guidelines for Conduct.分析記事 • Mar 10We Believe New Advanced Electronics Technologies' (GTSM:3465) Earnings Are A Poor Guide For Its ProfitabilityDespite posting strong earnings, New Advanced Electronics Technologies Co., Ltd.'s ( GTSM:3465 ) stock didn't move much...分析記事 • Mar 05Will New Advanced Electronics Technologies' (GTSM:3465) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...Reported Earnings • Mar 05Full year 2020 earnings released: EPS NT$1.54 (vs NT$1.81 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$351.2m (up NT$346.3m from FY 2019). Net income: NT$46.6m (up NT$84.8m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Jan 11New 90-day high: NT$185The company is up 38% from its price of NT$134 on 14 October 2020. The Taiwanese market is up 19% 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 01Does New Advanced Electronics Technologies (GTSM:3465) Have The Makings Of A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$192.5m (up NT$191.1m from 3Q 2019). Net income: NT$38.7m (up NT$45.4m from 3Q 2019). Profit margin: 20% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.Is New 90 Day High Low • Sep 30New 90-day high: NT$182The company is up 188% from its price of NT$63.00 on 02 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 11% 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、New Advanced Electronics Technologies 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:3465 - 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3/31/20261,570-56-361-158N/A12/31/20251,6761-44111N/A9/30/20251,7803023102N/A6/30/20251,86044-351N/A3/31/20251,707563377N/A12/31/20241,58628-91-21N/A9/30/20241,405-19-168-75N/A6/30/20241,199-17138222N/A3/31/20241,3423649121N/A12/31/20231,2331270112N/A9/30/20231,151-177687N/A6/30/20231,110-7148166N/A3/31/20231,23145393410N/A12/31/20221,439111357378N/A9/30/20222,046250518570N/A6/30/20222,571354374428N/A3/31/20222,910425-215-137N/A12/31/20213,090526-357-230N/A9/30/20212,447454-604-496N/A6/30/20211,790352-710-552N/A3/31/2021951193-331-177N/A12/31/202035147-290-29N/A9/30/20201951-277-23N/A6/30/20204-44-207-17N/A3/31/20205-40-170-9N/A12/31/20195-38N/A-19N/A9/30/20194-22N/A-22N/A6/30/20194-22N/A-20N/A3/31/20197-20N/A-20N/A12/31/201812-19N/A-11N/A9/30/201817-21N/A-15N/A6/30/201824-25N/A-14N/A3/31/201834-29N/A-25N/A12/31/201753-32N/A-32N/A9/30/201779-18N/A-24N/A6/30/2017113-8N/A-27N/A3/31/2017143-13N/A-10N/A12/31/2016148-23N/A-17N/A9/30/2016154-34N/A-30N/A6/30/2016147-58N/A-34N/A3/31/2016155-59N/A-48N/A12/31/2015172-68N/A-51N/A9/30/2015253-70N/A-25N/A6/30/2015334-82N/A-11N/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: 3465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: 3465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: 3465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: 3465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: 3465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: 3465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2026/05/21 15:44終値2026/05/21 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New Advanced Electronics Technologies 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。0
Reported Earnings • May 09First quarter 2026 earnings released: NT$0.92 loss per share (vs NT$0.70 profit in 1Q 2025)First quarter 2026 results: NT$0.92 loss per share (down from NT$0.70 profit in 1Q 2025). Revenue: NT$337.1m (down 24% from 1Q 2025). Net loss: NT$32.4m (down 230% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings.
New Risk • Apr 06New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 142% 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 Risks Interest payments are not well covered by earnings (1.6x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.29b market cap, or US$40.3m).
New Risk • Mar 15New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 1.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.6x net interest cover). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.55b market cap, or US$48.1m).
New Risk • Mar 13New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.07% Last year net profit margin: 1.7% 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 Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Paying a dividend despite having no free cash flows. Earnings have declined by 53% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.07% net profit margin). Market cap is less than US$100m (NT$1.63b market cap, or US$51.0m).
Reported Earnings • Mar 13Full year 2025 earnings released: EPS: NT$0.04 (vs NT$0.78 in FY 2024)Full year 2025 results: EPS: NT$0.04 (down from NT$0.78 in FY 2024). Revenue: NT$1.68b (up 5.7% from FY 2024). Net income: NT$1.24m (down 96% from FY 2024). Profit margin: 0.1% (down from 1.7% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 04New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 11, 2026New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 11, 2026, at 09:00 Taipei Standard Time. Location: 17- floor no,251, min ch`uan 1st rd., sinsing district, kaohsiung city Taiwan
Board Change • Feb 25Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Nai-Rung Chen was the last independent director to join the board, commencing their role in 2024. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jan 05New Advanced Electronics Technologies Co., Ltd. Announces Demise of Wang, Chong-Chi, Legal Representative of the DirectorsNew Advanced Electronics Technologies Co., Ltd. announced a change of legal representative of the company's directors. The previous position holder was Wang, Chong-Chi, who served as the financial supervisor of NAE Technologies Inc. The new position holder is pending for reassignment. The change was necessitated by the passing away of the legal representative of the board of directors. The original term was from June 27, 2024 to June 26, 2027. The effective date of the new appointment is not applicable. Date of occurrence of the change: January 4, 2026.
New Risk • Nov 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% 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 Risks Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 119% Cash payout ratio: 150% Earnings have declined by 43% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.55b market cap, or US$49.4m).
New Risk • Nov 12New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% 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 (17% operating cash flow to total debt). Dividend is not well covered by earnings and cash flows. Payout ratio: 118% Cash payout ratio: 150% Earnings have declined by 43% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NT$1.57b market cap, or US$50.5m).
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: NT$0.29 (vs NT$0.69 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.29 (down from NT$0.69 in 3Q 2024). Revenue: NT$490.4m (down 14% from 3Q 2024). Net income: NT$10.2m (down 58% from 3Q 2024). Profit margin: 2.1% (down from 4.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 17Second quarter 2025 earnings released: NT$1.09 loss per share (vs NT$0.75 loss in 2Q 2024)Second quarter 2025 results: NT$1.09 loss per share (further deteriorated from NT$0.75 loss in 2Q 2024). Revenue: NT$391.8m (up 65% from 2Q 2024). Net loss: NT$38.5m (loss widened 45% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Upcoming Dividend • Jul 11Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 18 July 2025. Payment date: 08 August 2025. Payout ratio is a comfortable 64% but the company is paying out more than the cash it is generating. Trailing yield: 1.9%. Lower than top quartile of Taiwanese dividend payers (5.4%). Lower than average of industry peers (2.8%).
Declared Dividend • Jun 25Dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 18th July 2025 Payment date: 8th August 2025 Dividend yield will be 1.9%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (64% earnings payout ratio) but not covered by cash flows (108% cash payout ratio). The dividend has decreased over the past 46 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 29% to shift the payout ratio to a potentially unsustainable range, which is more than the 21% EPS decline seen over the last 5 years.
New Risk • Jun 05New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risk Market cap is less than US$100m (NT$2.11b market cap, or US$70.6m).
Reported Earnings • May 08First quarter 2025 earnings released: EPS: NT$0.70 (vs NT$0.088 loss in 1Q 2024)First quarter 2025 results: EPS: NT$0.70 (up from NT$0.088 loss in 1Q 2024). Revenue: NT$442.6m (up 38% from 1Q 2024). Net income: NT$24.9m (up NT$28.0m from 1Q 2024). Profit margin: 5.6% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 25New Advanced Electronics Technologies Co., Ltd. to Report Q1, 2025 Results on May 02, 2025New Advanced Electronics Technologies Co., Ltd. announced that they will report Q1, 2025 results on May 02, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 27%After last week's 27% share price decline to NT$45.00, the stock trades at a trailing P/E ratio of 57.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total loss to shareholders of 63% over the past three years.
New Risk • Apr 07New 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 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (6.7% average weekly change). Market cap is less than US$100m (NT$1.96b market cap, or US$59.2m).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: NT$0.78 (vs NT$0.36 in FY 2023)Full year 2024 results: EPS: NT$0.78 (up from NT$0.36 in FY 2023). Revenue: NT$1.59b (up 29% from FY 2023). Net income: NT$27.6m (up 130% from FY 2023). Profit margin: 1.7% (up from 1.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 92 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 14New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 25, 2025. Location: 17- floor no,251, min ch`uan 1st rd., sinsing district, kaohsiung city Taiwan
お知らせ • Mar 06New Advanced Electronics Technologies Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025New Advanced Electronics Technologies Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
Buy Or Sell Opportunity • Jan 16Now 21% overvaluedOver the last 90 days, the stock has fallen 7.6% to NT$58.30. The fair value is estimated to be NT$48.21, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 35% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.69 (vs NT$0.78 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.69 (down from NT$0.78 in 3Q 2023). Revenue: NT$570.5m (up 57% from 3Q 2023). Net income: NT$24.3m (down 9.3% from 3Q 2023). Profit margin: 4.3% (down from 7.3% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 02New Advanced Electronics Technologies Co., Ltd. to Report Q3, 2024 Results on Nov 11, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q3, 2024 results on Nov 11, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: NT$0.75 loss per share (vs NT$0.82 profit in 2Q 2023)Second quarter 2024 results: NT$0.75 loss per share (down from NT$0.82 profit in 2Q 2023). Revenue: NT$238.1m (down 38% from 2Q 2023). Net loss: NT$26.6m (down 200% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 67 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 03New Advanced Electronics Technologies Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
Upcoming Dividend • Jul 15Upcoming dividend of NT$1.00 per shareEligible shareholders must have bought the stock before 22 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.4%. Within top quartile of Taiwanese dividend payers (4.2%). Higher than average of industry peers (2.2%).
Reported Earnings • May 19First quarter 2024 earnings released: NT$0.09 loss per share (vs NT$0.85 loss in 1Q 2023)First quarter 2024 results: NT$0.09 loss per share (improved from NT$0.85 loss in 1Q 2023). Revenue: NT$321.7m (up 52% from 1Q 2023). Net loss: NT$3.10m (loss narrowed 89% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 44 percentage points per year, which is a significant difference in performance.
お知らせ • May 02New Advanced Electronics Technologies Co., Ltd. to Report Q1, 2024 Results on May 09, 2024New Advanced Electronics Technologies Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 09, 2024
Declared Dividend • Mar 29Final dividend of NT$1.00 announcedShareholders will receive a dividend of NT$1.00. Ex-date: 22nd July 2024 Payment date: 8th August 2024 Dividend yield will be 4.6%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (141% cash payout ratio). The dividend has decreased over the past 36 years, indicating a lack of growth and stability in payments.
Reported Earnings • Mar 26Full year 2023 earnings released: EPS: NT$0.36 (vs NT$3.43 in FY 2022)Full year 2023 results: EPS: NT$0.36 (down from NT$3.43 in FY 2022). Revenue: NT$1.23b (down 14% from FY 2022). Net income: NT$12.0m (down 89% from FY 2022). Profit margin: 1.0% (down from 7.7% 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 51% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 15New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 27, 2024New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 27, 2024.
Upcoming Dividend • Nov 23Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 30 November 2023. Payment date: 29 December 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (3.3%).
お知らせ • Sep 28New Advanced Electronics Technologies Co., Ltd. Announces Cash Dividend for the Second Quarter of 2023, payable on December 29, 2023New Advanced Electronics Technologies Co., Ltd. announced Cash dividend distributed from legal reserve and capital reserve of TWD 70,659,724 (TWD 2.00 per share) to shareholders for second quarter of 2023. Ex-rights (Ex-dividend) date: November 30, 2023. Ex-rights (Ex-dividend) record date: December 8, 2023. Payment date of cash dividend distribution: December 29, 2023.
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.82 (vs NT$2.43 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.82 (down from NT$2.43 in 2Q 2022). Revenue: NT$381.1m (down 24% from 2Q 2022). Net income: NT$26.6m (down 66% from 2Q 2022). Profit margin: 7.0% (down from 16% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
お知らせ • Aug 06New Advanced Electronics Technologies Co., Ltd. announced that it expects to receive TWD 223.5 million in fundingNew Advanced Electronics Technologies Co., Ltd. announced private placement of 3,000,000 shares at an issue price of TWD 74.5 per share for proceeds of TWD 223,500,000 on August 4, 2023. The transaction was approved by the board of directors of the company.
Upcoming Dividend • Jul 05Upcoming dividend of NT$2.00 per share at 3.5% yieldEligible shareholders must have bought the stock before 12 July 2023. Payment date: 04 August 2023. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 3.5%. Lower than top quartile of Taiwanese dividend payers (5.4%). Higher than average of industry peers (3.0%).
お知らせ • May 07New Advanced Electronics Technologies Co., Ltd. Announces No Dividend for the First Quarter in 2023New Advanced Electronics Technologies Co., Ltd. announced no dividend for the first quarter period from January 1, 2023 to March 31, 2023.
お知らせ • May 06New Advanced Electronics Technologies Co., Ltd. Announces the Appointment of Mei-Fang, Chen as Corporate Governance OfficerNew Advanced Electronics Technologies Co., Ltd. announced the appointment of Mei-Fang, Chen/CFO as corporate governance officer, effective date is May 05, 2023. Reason for the change: new replacement.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: NT$3.43 (vs NT$16.36 in FY 2021)Full year 2022 results: EPS: NT$3.43 (down from NT$16.36 in FY 2021). Revenue: NT$1.44b (down 53% from FY 2021). Net income: NT$111.0m (down 79% from FY 2021). Profit margin: 7.7% (down from 17% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 39% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improved over the past weekAfter last week's 20% share price gain to NT$101, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 13x in the Electrical industry in Taiwan. Total returns to shareholders of 201% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Chih-Min Fang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 12New Advanced Electronics Technologies Co., Ltd. Announces No Dividend Distribution for the Third Quarter in 2022The board of directors of New Advanced Electronics Technologies Co., Ltd. announced no dividend for the third quarter of 2022.
Upcoming Dividend • Sep 22Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 29 September 2022. Payment date: 27 October 2022. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 6.4%. Lower than top quartile of Taiwanese dividend payers (6.7%). Higher than average of industry peers (3.6%).
Valuation Update With 7 Day Price Move • Aug 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$116, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 227% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$2.43 (vs NT$4.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.43 (down from NT$4.64 in 2Q 2021). Revenue: NT$501.4m (down 37% from 2Q 2021). Net income: NT$78.7m (down 47% from 2Q 2021). Profit margin: 16% (down from 19% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
お知らせ • Aug 12New Advanced Electronics Technologies Co., Ltd. Announces Cash Dividend for the Second Quarter of 2022, Payable on October 27, 2022New Advanced Electronics Technologies Co., Ltd. announced Cash dividends TWD 64,659,724 (TWD 2.00 per share) for second quarter 2022. Ex-rights (Ex-dividend) date is August 29, 2022. Ex-rights (Ex-dividend) record date is October 7, 2022. Payment date of cash dividend distribution is October 27, 2022.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$97.50, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 243% over the past three years.
Valuation Update With 7 Day Price Move • Jun 10Investor sentiment improved over the past weekAfter last week's 25% share price gain to NT$125, the stock trades at a trailing P/E ratio of 9.5x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 340% over the past three years.
Reported Earnings • May 16First quarter 2022 earnings released: EPS: NT$1.19 (vs NT$4.35 in 1Q 2021)First quarter 2022 results: EPS: NT$1.19 (down from NT$4.35 in 1Q 2021). Revenue: NT$420.4m (down 30% from 1Q 2021). Net income: NT$38.4m (down 73% from 1Q 2021). Profit margin: 9.1% (down from 23% in 1Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Cher-Min Fang was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Apr 14Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$122, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 289% over the past three years.
お知らせ • Mar 06+ 1 more updateNew Advanced Electronics Technologies Co., Ltd. Declares Dividend for the Fourth Quarter of 2021, Payable on April 29, 2022New Advanced Electronics Technologies Co., Ltd. declared a dividend of TWD 4.50 per share for the fourth quarter of 2021, payable on April 29, 2022. Ex-rights (Ex-dividend) record date is April 11, 2022.
Valuation Update With 7 Day Price Move • Nov 20Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$207, the stock trades at a trailing P/E ratio of 14.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 916% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$4.38 (vs NT$1.20 in 3Q 2020)The company reported a solid third quarter result with improved earnings and revenues, although profit margins were weaker. Third quarter 2021 results: Revenue: NT$848.2m (up 341% from 3Q 2020). Net income: NT$141.0m (up 264% from 3Q 2020). Profit margin: 17% (down from 20% 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 125% per year but the company’s share price has only increased by 104% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 01Upcoming dividend of NT$4.00 per shareEligible shareholders must have bought the stock before 08 September 2021. Payment date: 01 October 2021. Trailing yield: 9.3%. Within top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (3.2%).
Reported Earnings • Aug 18Second quarter 2021 earnings released: EPS NT$4.64 (vs NT$0.31 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$801.1m (up NT$800.5m from 2Q 2020). Net income: NT$149.3m (up NT$159.3m from 2Q 2020). Profit margin: 19% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 113% per year but the company’s share price has increased by 122% per year, which means it is tracking significantly ahead of earnings growth.
Executive Departure • Aug 05Independent Director Huicheng Shen has left the companyOn the 29th of July, Huicheng Shen's tenure as Independent Director ended after 2.7 years in the role. We don't have any record of a personal shareholding under Huicheng's name. Huicheng is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 1.33 years, which is considered inexperienced in the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • May 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to NT$183, the stock trades at a trailing P/E ratio of 31.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 1,412% over the past three years.
Reported Earnings • May 07First quarter 2021 earnings released: EPS NT$4.35 (vs NT$0.29 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$600.5m (up NT$599.4m from 1Q 2020). Net income: NT$139.9m (up NT$146.3m from 1Q 2020). Profit margin: 23% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has increased by 162% per year, which means it is tracking significantly ahead of earnings growth.
分析記事 • Apr 14New Advanced Electronics Technologies (GTSM:3465) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
お知らせ • Mar 19New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 16, 2021New Advanced Electronics Technologies Co., Ltd., Annual General Meeting, Jun 16, 2021. Location: 17F-1,No.251 Minquan 1st Road Xinxing District, Kaohsiung City (Asia Business Center) Kaohsiung City Taiwan Agenda: To consider annual business report 2020; to consider the Audit Committees final accounts report in 2020; to consider the report on the implementation of the operating plan after the capital reduction; to consider the report on the implementation of cash reinvestment in private equity common stock 2020; to consider the report on the implementation of cash reinvestment in private equity common stock 2019 and 2018; to consider amendment to the Rules of Procedure for Board of Directors Meetings; to consider amendment to the Code of Ethical Conduct; to consider amendment to the Procedures for Ethical Management and Guidelines for Conduct.
分析記事 • Mar 10We Believe New Advanced Electronics Technologies' (GTSM:3465) Earnings Are A Poor Guide For Its ProfitabilityDespite posting strong earnings, New Advanced Electronics Technologies Co., Ltd.'s ( GTSM:3465 ) stock didn't move much...
分析記事 • Mar 05Will New Advanced Electronics Technologies' (GTSM:3465) Growth In ROCE Persist?If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Typically, we'll...
Reported Earnings • Mar 05Full year 2020 earnings released: EPS NT$1.54 (vs NT$1.81 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$351.2m (up NT$346.3m from FY 2019). Net income: NT$46.6m (up NT$84.8m from FY 2019). Profit margin: 13% (up from net loss in FY 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has increased by 135% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Jan 11New 90-day high: NT$185The company is up 38% from its price of NT$134 on 14 October 2020. The Taiwanese market is up 19% 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 01Does New Advanced Electronics Technologies (GTSM:3465) Have The Makings Of A Multi-Bagger?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$1.20The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$192.5m (up NT$191.1m from 3Q 2019). Net income: NT$38.7m (up NT$45.4m from 3Q 2019). Profit margin: 20% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 124% per year, which means it is tracking significantly ahead of earnings growth.
Is New 90 Day High Low • Sep 30New 90-day high: NT$182The company is up 188% from its price of NT$63.00 on 02 July 2020. The Taiwanese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electrical industry, which is up 11% over the same period.