View Financial HealthAblerex Electronics 配当と自社株買い配当金 基準チェック /36Ablerex Electronics配当を支払う会社であり、現在の利回りは5.05%で、収益によって十分にカバーされています。主要情報5.0%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長-5.5%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向78%最近の配当と自社株買いの更新Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).お知らせ • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).お知らせ • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.すべての更新を表示Recent updatesReported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.19 in 1Q 2025). Revenue: NT$804.2m (up 15% from 1Q 2025). Net income: NT$15.4m (up 80% from 1Q 2025). Profit margin: 1.9% (up from 1.2% in 1Q 2025). The increase in margin 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 only increased by 13% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.02 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$4.02 (up from NT$2.15 in FY 2024). Revenue: NT$3.36b (up 11% from FY 2024). Net income: NT$180.9m (up 87% from FY 2024). Profit margin: 5.4% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.お知らせ • Mar 12Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city TaiwanNew Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.5m) 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$81.80, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 152% over the past three years.Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.15 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.15 (up from NT$0.63 in 3Q 2024). Revenue: NT$997.3m (up 32% from 3Q 2024). Net income: NT$96.8m (up 241% from 3Q 2024). Profit margin: 9.7% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 27x in the Electrical industry in Taiwan. Total returns to shareholders of 185% over the past three years.New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$61.40, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 89% over the past three years.Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.67 (vs NT$0.12 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.67 (up from NT$0.12 in 2Q 2024). Revenue: NT$809.3m (up 14% from 2Q 2024). Net income: NT$30.2m (up 460% from 2Q 2024). Profit margin: 3.7% (up from 0.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.12 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (up from NT$0.12 in 1Q 2024). Revenue: NT$698.1m (up 16% from 1Q 2024). Net income: NT$8.53m (up 57% from 1Q 2024). Profit margin: 1.2% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.お知らせ • Apr 27Ablerex Electronics Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Ablerex Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 05, 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$35.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 19% over the past three years.Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.95 in FY 2023). Revenue: NT$3.02b (up 3.4% from FY 2023). Net income: NT$96.6m (up 10% from FY 2023). Profit margin: 3.2% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.お知らせ • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwanお知らせ • Mar 04Ablerex Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Ablerex Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025New Risk • Jan 29New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (122% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$1.98b market cap, or US$60.4m).Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$48.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total returns to shareholders of 55% over the past three years.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.30 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (up from NT$0.30 in 3Q 2023). Revenue: NT$757.6m (up 24% from 3Q 2023). Net income: NT$28.4m (up 113% from 3Q 2023). Profit margin: 3.8% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.お知らせ • Oct 26Ablerex Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Ablerex Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024New Risk • Aug 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: 2.0% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (154% payout ratio). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (NT$1.97b market cap, or US$60.6m).Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (down from NT$0.72 in 2Q 2023). Revenue: NT$710.4m (up 3.2% from 2Q 2023). Net income: NT$5.39m (down 84% from 2Q 2023). Profit margin: 0.8% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.お知らせ • Jul 27Ablerex Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024Ablerex Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.16 in 1Q 2023). Revenue: NT$600.3m (down 11% from 1Q 2023). Net income: NT$5.43m (down 27% from 1Q 2023). Profit margin: 0.9% (down from 1.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 28Ablerex Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Ablerex Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.95 (vs NT$2.55 in FY 2022)Full year 2023 results: EPS: NT$1.95 (down from NT$2.55 in FY 2022). Revenue: NT$2.93b (down 4.3% from FY 2022). Net income: NT$87.7m (down 24% from FY 2022). Profit margin: 3.0% (down from 3.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist The Koos Hotel New Taipei City Taiwan Agenda: To consider 2023 business report; to consider the audit committee's review report on the 2023 financial statements; to consider the 2023 directors' and employees' compensation; to consider adoption of the 2023 business report and financial statement; to consider adoption of the proposal for distribution of 2023 profits; to review and approve the amendments to the rules and procedures of shareholders meeting of the company; and to consider other issues.Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).お知らせ • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.73 (vs NT$0.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.73 (up from NT$0.22 in 2Q 2022). Revenue: NT$688.4m (up 29% from 2Q 2022). Net income: NT$32.6m (up 230% from 2Q 2022). Profit margin: 4.7% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.お知らせ • Jun 29+ 2 more updatesAblerex Electronics Co., Ltd. Announces Board ChangesAblerex Electronics Co., Ltd. announced the director changes. Resume of the previous position holder: previous position holder: Wen Hsu- Chairman of the Company, B.C. Chen- Director of UIS, Y.A. Chen- Director of the Company, S.C. Tseng- Vice President of UIS, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Previous independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, Y.L. Su- Chairman of YuGwan Energy Co., Ltd. Resume of the new position holder: Newly-appointed directors: Wen Hsu- Chairman of the Company, J.S. Wang- Electronic R&D VP of UIS, Y.A. Chen- Director of the Company, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Newly- appointed independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, Y.L. Su- Chairman of YuGwan Energy Co., Ltd., J.C. Hsieh- Full-time Professor, Department and Institute of Land Management, Feng Chia University. The effective date of the new appointment is June 27, 2023.お知らせ • Jun 28Ablerex Electronics Co., Ltd. Appoints Y.A. Chen as Vice-ChairmanAblerex Electronics Co., Ltd. announced the election of Y.A. Chen as Vice-chairman, effective date of the new appointment is June 27, 2023.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$49.60, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 116% over the past three years.Reported Earnings • Dec 03Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.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 Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$35.10, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 51% over the past three years.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.22 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.22 (up from NT$0.15 in 2Q 2021). Revenue: NT$534.3m (down 22% from 2Q 2021). Net income: NT$9.89m (up 49% from 2Q 2021). Profit margin: 1.9% (up from 1.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).お知らせ • Aug 09Ablerex Electronics Co., Ltd. Announces President Changes, Effective September 1, 2022Ablerex Electronics Co., Ltd. announced executive changes. Position: President. Name of the previous position holder: Wen Hsu. Resume of the previous position holder: Chairperson and president of the Company. Name of the new position holder: Min Chou Huang. Resume of the new position holder: Executive Vice President of the Company. Reason for the change: Job relocation. Effective date of the new appointment is September 1, 2022.お知らせ • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.11 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.11 in 1Q 2021). Revenue: NT$661.9m (up 5.0% from 1Q 2021). Net income: NT$6.44m (up 26% from 1Q 2021). Profit margin: 1.0% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% 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 Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. 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 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$48.75, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.お知らせ • Mar 23Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: The Koos Hotel, 219-2, Zhong Xing Rd. Sec.3, Xin-Dian Dist. New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider 2021 directors' and employees' compensation; to consider Adoption of the 2021 Business Report and Financial Statement; to consider Adoption of the Proposal for Distribution of 2021 Profits; to review and approve the amendments to the 'Procedure for Governing the Acquisition and Disposal of Assets' of the Company; and to review and approve the distribution of cash dividend from Capital Surplus.Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$49.50, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$47.55, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 59% over the past three years.Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$653.6m (up 8.7% from 3Q 2020). Net income: NT$13.8m (up 158% from 3Q 2020). Profit margin: 2.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$686.7m (up 21% from 2Q 2020). Net income: NT$6.65m (down 70% from 2Q 2020). Profit margin: 1.0% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.分析記事 • Apr 28Is Ablerex Electronics (GTSM:3628) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.93 (vs NT$0.88 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.36b (down 4.1% from FY 2019). Net income: NT$41.9m (up 6.1% from FY 2019). Profit margin: 1.8% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.お知らせ • Mar 21Ablerex Electronics Co., Ltd. Declares Cash Dividend Distribution for the Year Ended December 31, 2020The board of directors' of Ablerex Electronics Co., Ltd. declared dividend distribution of TWD 1.0 cash per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders of TWD 45,000,000.お知らせ • Mar 20Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist Taipei City Taiwan Agenda: To consider 2020 business report; to the audit committee's review report on the 2020 financial statements; to the 2020 directors' and employees' compensation; to adoption of the 2020 business report and financial statement; to adoption of the proposal for distribution of 2020 profits; to review and approve the amendments to the procedures for election of directors of the company; to review and approve the amendments to the articles of incorporation of the company; and to consider other matter.分析記事 • Mar 04Are Dividend Investors Making A Mistake With Ablerex Electronics Co., Ltd. (GTSM:3628)?Could Ablerex Electronics Co., Ltd. ( GTSM:3628 ) be an attractive dividend share to own for the long haul? Investors...分析記事 • Feb 15Can Ablerex Electronics (GTSM:3628) Turn Things Around?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...分析記事 • Jan 26These 4 Measures Indicate That Ablerex Electronics (GTSM:3628) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Is New 90 Day High Low • Jan 20New 90-day low: NT$37.00The company is down 1.0% from its price of NT$37.50 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.分析記事 • Jan 08Does Ablerex Electronics Co., Ltd.'s (GTSM:3628) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Ablerex Electronics' (GTSM:3628) stock is up by 5.6% over the past three months. However, in this article, we decided...分析記事 • Dec 21Ablerex Electronics (GTSM:3628) Shareholders Received A Total Return Of Negative 7.1% In The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Dec 01Should You Buy Ablerex Electronics Co., Ltd. (GTSM:3628) For Its Dividend?Is Ablerex Electronics Co., Ltd. (GTSM:3628) a good dividend stock? How can we tell? Dividend paying companies with...Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 19% share price gain to NT$43.00, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 17x in the Electrical industry in Taiwan. Total returns to shareholders over the past three years are 22%.決済の安定と成長配当データの取得安定した配当: 3628の配当金支払いは、過去10年間 変動性 が高かった。増加する配当: 3628の配当金支払額は過去10年間減少しています。配当利回り対市場Ablerex Electronics 配当利回り対市場3628 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (3628)5.0%市場下位25% (TW)1.4%市場トップ25% (TW)5.0%業界平均 (Electrical)2.5%アナリスト予想 (3628) (最長3年)n/a注目すべき配当: 3628の配当金 ( 5.05% ) はTW市場の配当金支払者の下位 25% ( 1.42% ) よりも高くなっています。高配当: 3628の配当金 ( 5.05% ) はTW市場 ( 5% ) の配当支払者の中で上位 25% に入っています。株主への利益配当収益カバレッジ: 現在の配当性向（ 77.9% ）では、 3628の支払いは利益によってカバーされています。株主配当金キャッシュフローカバレッジ: 3628は高い 現金配当性向 ( 260.2% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YTW 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 20:24終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ablerex Electronics 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Zhilong YenMasterlink Securities Investment Advisory
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).
お知らせ • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.
Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).
お知らせ • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.
Reported Earnings • May 07First quarter 2026 earnings released: EPS: NT$0.34 (vs NT$0.19 in 1Q 2025)First quarter 2026 results: EPS: NT$0.34 (up from NT$0.19 in 1Q 2025). Revenue: NT$804.2m (up 15% from 1Q 2025). Net income: NT$15.4m (up 80% from 1Q 2025). Profit margin: 1.9% (up from 1.2% in 1Q 2025). The increase in margin 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 only increased by 13% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 17Full year 2025 earnings released: EPS: NT$4.02 (vs NT$2.15 in FY 2024)Full year 2025 results: EPS: NT$4.02 (up from NT$2.15 in FY 2024). Revenue: NT$3.36b (up 11% from FY 2024). Net income: NT$180.9m (up 87% from FY 2024). Profit margin: 5.4% (up from 3.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
お知らせ • Mar 12Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026Ablerex Electronics Co., Ltd., Annual General Meeting, May 27, 2026, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
New Risk • Dec 16New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.13b (US$99.5m) 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 Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (NT$3.13b market cap, or US$99.5m).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$81.80, the stock trades at a trailing P/E ratio of 19.1x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 152% over the past three years.
Reported Earnings • Nov 08Third quarter 2025 earnings released: EPS: NT$2.15 (vs NT$0.63 in 3Q 2024)Third quarter 2025 results: EPS: NT$2.15 (up from NT$0.63 in 3Q 2024). Revenue: NT$997.3m (up 32% from 3Q 2024). Net income: NT$96.8m (up 241% from 3Q 2024). Profit margin: 9.7% (up from 3.8% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 24Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$86.20, the stock trades at a trailing P/E ratio of 31.2x. Average trailing P/E is 27x in the Electrical industry in Taiwan. Total returns to shareholders of 185% over the past three years.
New Risk • Oct 02New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$61.40, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 89% over the past three years.
Reported Earnings • Aug 10Second quarter 2025 earnings released: EPS: NT$0.67 (vs NT$0.12 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.67 (up from NT$0.12 in 2Q 2024). Revenue: NT$809.3m (up 14% from 2Q 2024). Net income: NT$30.2m (up 460% from 2Q 2024). Profit margin: 3.7% (up from 0.8% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jul 03Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 10 July 2025. Payment date: 05 August 2025. Payout ratio is on the higher end at 90%, however this is supported by cash flows. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.7%).
Reported Earnings • May 11First quarter 2025 earnings released: EPS: NT$0.19 (vs NT$0.12 in 1Q 2024)First quarter 2025 results: EPS: NT$0.19 (up from NT$0.12 in 1Q 2024). Revenue: NT$698.1m (up 16% from 1Q 2024). Net income: NT$8.53m (up 57% from 1Q 2024). Profit margin: 1.2% (up from 0.9% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year and the company’s share price has also fallen by 2% per year.
お知らせ • Apr 27Ablerex Electronics Co., Ltd. to Report Q1, 2025 Results on May 05, 2025Ablerex Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 05, 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$35.00, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total loss to shareholders of 19% over the past three years.
Reported Earnings • Apr 01Full year 2024 earnings released: EPS: NT$2.15 (vs NT$1.95 in FY 2023)Full year 2024 results: EPS: NT$2.15 (up from NT$1.95 in FY 2023). Revenue: NT$3.02b (up 3.4% from FY 2023). Net income: NT$96.6m (up 10% from FY 2023). Profit margin: 3.2% (up from 3.0% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
お知らせ • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025Ablerex Electronics Co., Ltd., Annual General Meeting, May 28, 2025, at 09:00 Taipei Standard Time. Location: 1 floor no,219-2, sec.3 chung hsing rd., sindian district, new taipei city Taiwan
お知らせ • Mar 04Ablerex Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 11, 2025Ablerex Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 11, 2025
New Risk • Jan 29New 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 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (122% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change). Profit margins are more than 30% lower than last year (2.4% net profit margin). Market cap is less than US$100m (NT$1.98b market cap, or US$60.4m).
Valuation Update With 7 Day Price Move • Nov 19Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$48.70, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 23x in the Electrical industry in Taiwan. Total returns to shareholders of 55% over the past three years.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.63 (vs NT$0.30 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.63 (up from NT$0.30 in 3Q 2023). Revenue: NT$757.6m (up 24% from 3Q 2023). Net income: NT$28.4m (up 113% from 3Q 2023). Profit margin: 3.8% (up from 2.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 8% per year.
お知らせ • Oct 26Ablerex Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 04, 2024Ablerex Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 04, 2024
New Risk • Aug 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: 2.0% Last year net profit margin: 4.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (154% payout ratio). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (NT$1.97b market cap, or US$60.6m).
Reported Earnings • Aug 13Second quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.72 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.12 (down from NT$0.72 in 2Q 2023). Revenue: NT$710.4m (up 3.2% from 2Q 2023). Net income: NT$5.39m (down 84% from 2Q 2023). Profit margin: 0.8% (down from 4.7% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Aug 02Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 15th August 2024 Payment date: 13th September 2024 Dividend yield will be 4.2%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio). However, it is well covered by cash flows (39% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control, which is less than the 19% EPS growth achieved over the last 5 years.
お知らせ • Jul 27Ablerex Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 05, 2024Ablerex Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 05, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.12 (vs NT$0.16 in 1Q 2023)First quarter 2024 results: EPS: NT$0.12 (down from NT$0.16 in 1Q 2023). Revenue: NT$600.3m (down 11% from 1Q 2023). Net income: NT$5.43m (down 27% from 1Q 2023). Profit margin: 0.9% (down from 1.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 28Ablerex Electronics Co., Ltd. to Report Q1, 2024 Results on May 06, 2024Ablerex Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 06, 2024
Reported Earnings • Mar 22Full year 2023 earnings released: EPS: NT$1.95 (vs NT$2.55 in FY 2022)Full year 2023 results: EPS: NT$1.95 (down from NT$2.55 in FY 2022). Revenue: NT$2.93b (down 4.3% from FY 2022). Net income: NT$87.7m (down 24% from FY 2022). Profit margin: 3.0% (down from 3.8% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2024. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist The Koos Hotel New Taipei City Taiwan Agenda: To consider 2023 business report; to consider the audit committee's review report on the 2023 financial statements; to consider the 2023 directors' and employees' compensation; to consider adoption of the 2023 business report and financial statement; to consider adoption of the proposal for distribution of 2023 profits; to review and approve the amendments to the rules and procedures of shareholders meeting of the company; and to consider other issues.
Upcoming Dividend • Aug 21Upcoming dividend of NT$2.00 per share at 4.4% yieldEligible shareholders must have bought the stock before 28 August 2023. Payment date: 21 September 2023. Payout ratio is a comfortable 65% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Taiwanese dividend payers (5.6%). Higher than average of industry peers (3.3%).
お知らせ • Aug 10Ablerex Electronics Co., Ltd. Announces Cash Dividend, Payable on September 21, 2023Ablerex Electronics Co., Ltd. announced cash dividend of TWD 2.00 per share. Ex-rights (Ex-dividend) date: August 28, 2023. Ex-rights (Ex-dividend) record date: September 3, 2023. Payment date of cash dividend distribution: September 21, 2023. Date of the resolution by the board of directors or shareholders’ meeting, or of the decision by the company: August 9, 2023.
Reported Earnings • Aug 09Second quarter 2023 earnings released: EPS: NT$0.73 (vs NT$0.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.73 (up from NT$0.22 in 2Q 2022). Revenue: NT$688.4m (up 29% from 2Q 2022). Net income: NT$32.6m (up 230% from 2Q 2022). Profit margin: 4.7% (up from 1.9% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
お知らせ • Jun 29+ 2 more updatesAblerex Electronics Co., Ltd. Announces Board ChangesAblerex Electronics Co., Ltd. announced the director changes. Resume of the previous position holder: previous position holder: Wen Hsu- Chairman of the Company, B.C. Chen- Director of UIS, Y.A. Chen- Director of the Company, S.C. Tseng- Vice President of UIS, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Previous independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, Y.L. Su- Chairman of YuGwan Energy Co., Ltd. Resume of the new position holder: Newly-appointed directors: Wen Hsu- Chairman of the Company, J.S. Wang- Electronic R&D VP of UIS, Y.A. Chen- Director of the Company, S.G. Wang- Honorary Chairman of the Republic of China Underground Pipeline Technology Association, J.K. Sung- FAE V.P. of the Company, James Ho- Chairman of Hwa-Sun Asset Management Co., Ltd. Newly- appointed independent directors: Y.J. Ding- Independent director of Huaku development Co., Ltd, Y.L. Su- Chairman of YuGwan Energy Co., Ltd., J.C. Hsieh- Full-time Professor, Department and Institute of Land Management, Feng Chia University. The effective date of the new appointment is June 27, 2023.
お知らせ • Jun 28Ablerex Electronics Co., Ltd. Appoints Y.A. Chen as Vice-ChairmanAblerex Electronics Co., Ltd. announced the election of Y.A. Chen as Vice-chairman, effective date of the new appointment is June 27, 2023.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$49.60, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 116% over the past three years.
Reported Earnings • Dec 03Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
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 Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$0.49 (vs NT$0.31 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.49 (up from NT$0.31 in 3Q 2021). Revenue: NT$718.2m (up 9.9% from 3Q 2021). Net income: NT$22.0m (up 59% from 3Q 2021). Profit margin: 3.1% (up from 2.1% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to NT$35.10, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 5.3% over the past three years.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 27.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 51% over the past three years.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$0.22 (vs NT$0.15 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.22 (up from NT$0.15 in 2Q 2021). Revenue: NT$534.3m (down 22% from 2Q 2021). Net income: NT$9.89m (up 49% from 2Q 2021). Profit margin: 1.9% (up from 1.0% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Aug 11Upcoming dividend of NT$1.25 per shareEligible shareholders must have bought the stock before 18 August 2022. Payment date: 15 September 2022. Payout ratio is on the higher end at 77% but the company is not cash flow positive. Trailing yield: 3.1%. Lower than top quartile of Taiwanese dividend payers (6.6%). Lower than average of industry peers (3.7%).
お知らせ • Aug 09Ablerex Electronics Co., Ltd. Announces President Changes, Effective September 1, 2022Ablerex Electronics Co., Ltd. announced executive changes. Position: President. Name of the previous position holder: Wen Hsu. Resume of the previous position holder: Chairperson and president of the Company. Name of the new position holder: Min Chou Huang. Resume of the new position holder: Executive Vice President of the Company. Reason for the change: Job relocation. Effective date of the new appointment is September 1, 2022.
お知らせ • Aug 04Ablerex Electronics Co., Ltd. Announces Dividend, Payable on September 15, 2022Ablerex Electronics Co., Ltd. announced dividend of TWD 1.25 per share, payable on September 15, 2022 with record date of August 24, 2022 and Ex-dividend of August 18, 2022.
Reported Earnings • May 12First quarter 2022 earnings released: EPS: NT$0.14 (vs NT$0.11 in 1Q 2021)First quarter 2022 results: EPS: NT$0.14 (up from NT$0.11 in 1Q 2021). Revenue: NT$661.9m (up 5.0% from 1Q 2021). Net income: NT$6.44m (up 26% from 1Q 2021). Profit margin: 1.0% (up from 0.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% 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 Yuan-Liang Su was the last independent director to join the board, commencing their role in 2020. 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 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to NT$48.75, the stock trades at a trailing P/E ratio of 30.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.
お知らせ • Mar 23Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 23, 2022. Location: The Koos Hotel, 219-2, Zhong Xing Rd. Sec.3, Xin-Dian Dist. New Taipei City Taiwan Agenda: To consider 2021 Business Report; to consider the Audit Committee's Review Report on the 2021 Financial Statements; to consider 2021 directors' and employees' compensation; to consider Adoption of the 2021 Business Report and Financial Statement; to consider Adoption of the Proposal for Distribution of 2021 Profits; to review and approve the amendments to the 'Procedure for Governing the Acquisition and Disposal of Assets' of the Company; and to review and approve the distribution of cash dividend from Capital Surplus.
Valuation Update With 7 Day Price Move • Mar 04Investor sentiment improved over the past weekAfter last week's 18% share price gain to NT$49.50, the stock trades at a trailing P/E ratio of 60.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$47.55, the stock trades at a trailing P/E ratio of 58.3x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 59% over the past three years.
Reported Earnings • Nov 12Third quarter 2021 earnings released: EPS NT$0.31 (vs NT$0.12 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$653.6m (up 8.7% from 3Q 2020). Net income: NT$13.8m (up 158% from 3Q 2020). Profit margin: 2.1% (up from 0.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 15Second quarter 2021 earnings released: EPS NT$0.15 (vs NT$0.48 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: NT$686.7m (up 21% from 2Q 2020). Net income: NT$6.65m (down 70% from 2Q 2020). Profit margin: 1.0% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
分析記事 • Apr 28Is Ablerex Electronics (GTSM:3628) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$0.93 (vs NT$0.88 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: NT$2.36b (down 4.1% from FY 2019). Net income: NT$41.9m (up 6.1% from FY 2019). Profit margin: 1.8% (up from 1.6% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 21Ablerex Electronics Co., Ltd. Declares Cash Dividend Distribution for the Year Ended December 31, 2020The board of directors' of Ablerex Electronics Co., Ltd. declared dividend distribution of TWD 1.0 cash per share for the year ended December 31, 2020. Total amount of cash dividends to shareholders of TWD 45,000,000.
お知らせ • Mar 20Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021Ablerex Electronics Co., Ltd., Annual General Meeting, Jun 25, 2021. Location: 219-2,Zhong Xing Rd. Sec.3,Xin-Dian Dist Taipei City Taiwan Agenda: To consider 2020 business report; to the audit committee's review report on the 2020 financial statements; to the 2020 directors' and employees' compensation; to adoption of the 2020 business report and financial statement; to adoption of the proposal for distribution of 2020 profits; to review and approve the amendments to the procedures for election of directors of the company; to review and approve the amendments to the articles of incorporation of the company; and to consider other matter.
分析記事 • Mar 04Are Dividend Investors Making A Mistake With Ablerex Electronics Co., Ltd. (GTSM:3628)?Could Ablerex Electronics Co., Ltd. ( GTSM:3628 ) be an attractive dividend share to own for the long haul? Investors...
分析記事 • Feb 15Can Ablerex Electronics (GTSM:3628) Turn Things Around?If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
分析記事 • Jan 26These 4 Measures Indicate That Ablerex Electronics (GTSM:3628) Is Using Debt Reasonably WellWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Is New 90 Day High Low • Jan 20New 90-day low: NT$37.00The company is down 1.0% from its price of NT$37.50 on 23 October 2020. The Taiwanese market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 10.0% over the same period.
分析記事 • Jan 08Does Ablerex Electronics Co., Ltd.'s (GTSM:3628) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?Ablerex Electronics' (GTSM:3628) stock is up by 5.6% over the past three months. However, in this article, we decided...
分析記事 • Dec 21Ablerex Electronics (GTSM:3628) Shareholders Received A Total Return Of Negative 7.1% In The Last Five YearsIn order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Dec 01Should You Buy Ablerex Electronics Co., Ltd. (GTSM:3628) For Its Dividend?Is Ablerex Electronics Co., Ltd. (GTSM:3628) a good dividend stock? How can we tell? Dividend paying companies with...
Reported Earnings • Nov 19Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS NT$0.12The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$601.4m (down 15% from 3Q 2019). Net income: NT$5.37m (down 82% from 3Q 2019). Profit margin: 0.9% (down from 4.2% in 3Q 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Oct 14Market bids up stock over the past weekAfter last week's 19% share price gain to NT$43.00, the stock is trading at a trailing P/E ratio of 32.1x, up from the previous P/E ratio of 26.9x. This compares to an average P/E of 17x in the Electrical industry in Taiwan. Total returns to shareholders over the past three years are 22%.