Grand-Tek Technology（3684）株式概要Grand-Tek Technology Co, Ltd.は、その子会社とともに、台湾、オランダ、アメリカ、イギリス、中国、および国際的にケーブルアセンブリおよびRFコネクタの設計、製造、販売を行っている。 詳細3684 ファンダメンタル分析スノーフレーク・スコア評価3/6将来の成長1/6過去の実績5/6財務の健全性6/6配当金4/6報酬株価収益率（ 14.4 x） TW市場（ 22.5 x）を下回っています。収益は年間18.15%増加すると予測されています 過去1年間で収益は24.8%増加しました 同業他社や業界と比較して、良好な取引価格 リスク分析5.38%の配当はフリーキャッシュフローで十分にカバーされていない 意味のある時価総額がありません ( NT$2B )すべてのリスクチェックを見る3684 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$52.0017.7% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture02b2016201920222025202620282031Revenue NT$2.3bEarnings NT$210.5mAdvancedSet Fair ValueView all narrativesGrand-Tek Technology Co., Ltd. 競合他社RitwinSymbol: TPEX:7816Market cap: NT$1.8bAHOKU ElectronicSymbol: TWSE:3002Market cap: NT$2.1bWFE TechnologySymbol: TPEX:6474Market cap: NT$1.9bGolden Bridge ElectechSymbol: TWSE:6133Market cap: NT$2.6b価格と性能株価の高値、安値、推移の概要Grand-Tek Technology過去の株価現在の株価NT$52.0052週高値NT$74.3052週安値NT$41.95ベータ0.391ヶ月の変化-12.31%3ヶ月変化-10.50%1年変化23.81%3年間の変化6.98%5年間の変化59.40%IPOからの変化181.45%最新ニュースUpcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. 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 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.最新情報をもっと見るRecent updatesUpcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. 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 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$65.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 39% over the past three years.お知らせ • Feb 11Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city TaiwanNew Risk • Jan 22New 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 8.6% 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 (8.6% 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$1.70b market cap, or US$53.7m).Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.8% 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 (6.8% average weekly change). Market cap is less than US$100m (NT$1.59b market cap, or US$50.7m).Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 28x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.92 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$0.92 in 2Q 2024). Revenue: NT$324.8m (up 26% from 2Q 2024). Net income: NT$20.2m (down 27% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$50.20, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.Upcoming Dividend • Jun 23Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).Declared Dividend • Jun 05Dividend increased to NT$2.30Dividend of NT$2.30 is 187% higher than last year. Ex-date: 30th June 2025 Payment date: 22nd July 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.6% EPS decline seen over the last 5 years.Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.44 in 1Q 2024)First quarter 2025 results: EPS: NT$0.55 (up from NT$0.44 in 1Q 2024). Revenue: NT$229.2m (up 24% from 1Q 2024). Net income: NT$16.6m (up 27% from 1Q 2024). Profit margin: 7.3% (up from 7.1% 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 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Buy Or Sell Opportunity • May 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to NT$45.00. The fair value is estimated to be NT$37.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 28%.Reported Earnings • Mar 26Full year 2024 earnings released: EPS: NT$2.80 (vs NT$1.17 in FY 2023)Full year 2024 results: EPS: NT$2.80 (up from NT$1.17 in FY 2023). Revenue: NT$937.7m (up 16% from FY 2023). Net income: NT$84.0m (up 140% from FY 2023). Profit margin: 9.0% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Feb 27Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city TaiwanReported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (up from NT$0.20 in 3Q 2023). Revenue: NT$225.9m (up 20% from 3Q 2023). Net income: NT$10.4m (up 72% from 3Q 2023). Profit margin: 4.6% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.55 in 2Q 2023). Revenue: NT$257.2m (up 26% from 2Q 2023). Net income: NT$27.6m (up 67% from 2Q 2023). Profit margin: 11% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 20Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.44 (up from NT$0.41 in 1Q 2023). Revenue: NT$184.5m (down 25% from 1Q 2023). Net income: NT$13.1m (up 6.0% from 1Q 2023). Profit margin: 7.1% (up from 5.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$1.17 (vs NT$4.10 in FY 2022)Full year 2023 results: EPS: NT$1.17 (down from NT$4.10 in FY 2022). Revenue: NT$807.6m (down 29% from FY 2022). Net income: NT$35.0m (down 72% from FY 2022). Profit margin: 4.3% (down from 11% 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 10% per year whereas the company’s share price has increased by 7% per year.お知らせ • Mar 05Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024.New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 71x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (NT$1.35b market cap, or US$42.5m).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (down from NT$1.22 in 2Q 2022). Revenue: NT$204.5m (down 21% from 2Q 2022). Net income: NT$16.5m (down 55% from 2Q 2022). Profit margin: 8.1% (down from 14% 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 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 06Upcoming dividend of NT$2.30 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$5.00 (vs NT$3.50 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$3.50 in FY 2021). Revenue: NT$1.13b (up 23% from FY 2021). Net income: NT$123.0m (up 44% from FY 2021). Profit margin: 11% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 94% over the past three years.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$1.14 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (up from NT$1.14 in 3Q 2021). Revenue: NT$320.4m (up 20% from 3Q 2021). Net income: NT$46.3m (up 65% from 3Q 2021). Profit margin: 14% (up from 11% 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 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (up from NT$0.64 in 2Q 2021). Revenue: NT$257.3m (up 32% from 2Q 2021). Net income: NT$36.7m (up 134% from 2Q 2021). Profit margin: 14% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Upcoming Dividend • Jun 21Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 28 June 2022. Payment date: 22 July 2022. Payout ratio and cash payout ratio are on the higher end at 77% and 77% respectively. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.8%).Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.47 in 1Q 2021). Revenue: NT$243.5m (up 58% from 1Q 2021). Net income: NT$21.9m (up 95% from 1Q 2021). Profit margin: 9.0% (up from 7.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$3.50 (up from NT$2.03 in FY 2020). Revenue: NT$920.0m (up 76% from FY 2020). Net income: NT$85.4m (up 75% from FY 2020). Profit margin: 9.3% (in line with FY 2020). Revenue exceeded analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 124% over the past three years.Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$53.50, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 103% over the past three years.Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.14 (vs NT$0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$267.4m (up 113% from 3Q 2020). Net income: NT$28.1m (up 217% from 3Q 2020). Profit margin: 11% (up from 7.1% 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 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.60 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$195.3m (up 52% from 2Q 2020). Net income: NT$15.7m (up 7.9% from 2Q 2020). Profit margin: 8.0% (down from 11% 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 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.Upcoming Dividend • Jul 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 20 August 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).Reported Earnings • May 12First quarter 2021 earnings released: EPS NT$0.47 (vs NT$0.56 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$154.0m (up 30% from 1Q 2020). Net income: NT$11.2m (down 17% from 1Q 2020). Profit margin: 7.3% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$44.40, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 30% over the past three years.分析記事 • Apr 05Investors Could Be Concerned With Grand-Tek Technology's (GTSM:3684) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$2.03 (vs NT$4.64 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$522.0m (up 11% from FY 2019). Net income: NT$48.8m (down 56% from FY 2019). Profit margin: 9.3% (down from 24% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Mar 15We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Mar 13Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021.Is New 90 Day High Low • Feb 25New 90-day high: NT$37.40The company is up 9.0% from its price of NT$34.45 on 27 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period.分析記事 • Feb 21Has Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Most readers would already be aware that Grand-Tek Technology's (GTSM:3684) stock increased significantly by 5.5% over...Is New 90 Day High Low • Feb 06New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.50 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.分析記事 • Jan 31Is Grand-Tek Technology Co., Ltd. (GTSM:3684) An Attractive Dividend Stock?Is Grand-Tek Technology Co., Ltd. ( GTSM:3684 ) a good dividend stock? How can we tell? Dividend paying companies with...Is New 90 Day High Low • Jan 21New 90-day low: NT$33.30The company is down 4.0% from its price of NT$34.80 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.分析記事 • Jan 01Has Grand-Tek Technology (GTSM:3684) Got What It Takes To Become A Multi-Bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term...分析記事 • Dec 11Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 20Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?It is hard to get excited after looking at Grand-Tek Technology's (GTSM:3684) recent performance, when its stock has...Is New 90 Day High Low • Nov 10New 90-day low: NT$34.20The company is down 5.0% from its price of NT$36.15 on 12 August 2020. The Taiwanese market is up 3.0% 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.Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.37The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$125.7m (up 32% from 3Q 2019). Net income: NT$8.87m (down 86% from 3Q 2019). Profit margin: 7.1% (down from 65% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Sep 25New 90-day low: NT$34.75The company is down 8.0% from its price of NT$37.65 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.株主還元3684TW ElectricalTW 市場7D-13.0%-5.4%-6.0%1Y23.8%32.7%100.0%株主還元を見る業界別リターン: 3684過去 1 年間で32.7 % の収益を上げたTW Electrical業界を下回りました。リターン対市場: 3684は、過去 1 年間で100 % のリターンを上げたTW市場を下回りました。価格変動Is 3684's price volatile compared to industry and market?3684 volatility3684 Average Weekly Movement5.3%Electrical Industry Average Movement7.1%Market Average Movement6.5%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 3684 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3684の 週次ボラティリティ ( 5% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1995n/aJianwen Hungwww.grand-tek.comGrand-Tek Technology Co., Ltd.は、その子会社とともに、台湾、オランダ、アメリカ、イギリス、中国、および国際的にケーブルアセンブリおよびRFコネクタの設計、製造、販売を行っている。高周波接続ケーブル部門と統合無線通信サブシステム部門を通じて事業を展開している。同社は耐候性アンテナ、エンクロージャーシステム、取付ブラケットを提供している。また、電子部品の一貫設計・製造サービスや投資活動も行っている。さらに、屋外Wi-Fi、4G LTEおよび5G、ISMおよびLoRa、車載、GNSSおよびGPS、Lバンド衛星、Sバンド衛星、Cバンド衛星、SMD、LDS、組み込みアンテナ、4G LTEおよび5G RFモジュール、I-PEX MHF、メタルFAKRA、ヒロセU FL、n型サージコネクター、LMRケーブルシリーズ、アンテナRFスイッチ、EMI試験サービス、アルパインカクタス、グランドテックランチボックス、フォルモサ、NEMA防水アルミおよびプラスチック製エンクロージャーとボックス、IP67保証およびNEMAエンクロージャー、アンテナ取り付けブラケット、ゴア保護ベントから成るカスタムダイキャストアルミニウムエンクロージャーを提供している。さらに、自動車用ケーブルアセンブリとワイヤーハーネス、防水ハイブリッドマルチピンケーブルアセンブリ、ix産業用イーサネットコネクタ、防水インターフェイスコネクタ、電子機器製造、侵入保護設計、カスタムIoTアンテナ設計、TRPとTIS測定、熱設計、放熱と断熱、ヒートパイプ設計、放熱性を高める電子機器筐体、表面実装PCBアセンブリサービスを提供している。同社は、IoT、輸送、通信のアンテナシステム、セキュリティで保護されたネットワーク、スマートグリッド、産業用IoTアプリケーション向けに製品とサービスを提供している。Grand-Tek Technology Co., Ltd.は1995年に設立され、台湾の新北市に本社を置いている。もっと見るGrand-Tek Technology Co., Ltd. 基礎のまとめGrand-Tek Technology の収益と売上を時価総額と比較するとどうか。3684 基礎統計学時価総額NT$1.58b収益（TTM）NT$109.30m売上高(TTM)NT$1.18b14.4xPER（株価収益率1.3xP/Sレシオ3684 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3684 損益計算書（TTM）収益NT$1.18b売上原価NT$790.55m売上総利益NT$387.11mその他の費用NT$277.81m収益NT$109.30m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）3.61グロス・マージン32.87%純利益率9.28%有利子負債／自己資本比率35.3%3684 の長期的なパフォーマンスは？過去の実績と比較を見る配当金5.4%現在の配当利回り77%配当性向3684 配当は確実ですか？3684 配当履歴とベンチマークを見る3684 、いつまでに購入すれば配当金を受け取れますか？Grand-Tek Technology 配当日配当落ち日Jun 23 2026配当支払日Jul 20 2026配当落ちまでの日数7 days配当支払日までの日数20 days3684 配当は確実ですか？3684 配当履歴とベンチマークを見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/29 05:45終値2026/06/29 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この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、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。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Grand-Tek Technology Co., Ltd. 1 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null nullCapital Securities Corporation
Upcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).
Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. 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 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jun 16Upcoming dividend of NT$2.77 per shareEligible shareholders must have bought the stock before 23 June 2026. Payment date: 20 July 2026. Payout ratio is on the higher end at 77%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (4.8%). Higher than average of industry peers (2.3%).
Declared Dividend • May 27Dividend increased to NT$2.80Dividend of NT$2.80 is 22% higher than last year. Ex-date: 23rd June 2026 Payment date: 20th July 2026 Dividend yield will be 4.7%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by earnings (77% earnings payout ratio) but not covered by cash flows (131% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 18% over the next year, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • May 09First quarter 2026 earnings released: EPS: NT$0.70 (vs NT$0.55 in 1Q 2025)First quarter 2026 results: EPS: NT$0.70 (up from NT$0.55 in 1Q 2025). Revenue: NT$257.1m (up 12% from 1Q 2025). Net income: NT$21.0m (up 26% from 1Q 2025). Profit margin: 8.2% (up from 7.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 20% growth forecast for the Electrical industry in Taiwan. 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 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Mar 24Now 21% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$64.00. The fair value is estimated to be NT$81.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Buy Or Sell Opportunity • Mar 04Now 23% undervaluedOver the last 90 days, the stock has risen 29% to NT$62.50. The fair value is estimated to be NT$81.12, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue is forecast to grow by 31% in 2 years. Earnings are forecast to grow by 42% in the next 2 years.
Reported Earnings • Feb 26Full year 2025 earnings released: EPS: NT$3.50 (vs NT$2.80 in FY 2024)Full year 2025 results: EPS: NT$3.50 (up from NT$2.80 in FY 2024). Revenue: NT$1.15b (up 23% from FY 2024). Net income: NT$104.9m (up 25% from FY 2024). Profit margin: 9.1% (up from 9.0% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 17% growth forecast for the Electrical industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$65.40, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 39% over the past three years.
お知らせ • Feb 11Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026Grand-Tek Technology Co., Ltd., Annual General Meeting, May 14, 2026. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city Taiwan
New Risk • Jan 22New 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 8.6% 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 (8.6% 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$1.70b market cap, or US$53.7m).
Valuation Update With 7 Day Price Move • Dec 17Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$58.40, the stock trades at a trailing P/E ratio of 16x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.
New Risk • Dec 16New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.8% 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 (6.8% average weekly change). Market cap is less than US$100m (NT$1.59b market cap, or US$50.7m).
Valuation Update With 7 Day Price Move • Nov 05Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$58.70, the stock trades at a trailing P/E ratio of 22x. Average trailing P/E is 28x in the Electrical industry in Taiwan. Total returns to shareholders of 34% over the past three years.
Reported Earnings • Aug 13Second quarter 2025 earnings released: EPS: NT$0.68 (vs NT$0.92 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.68 (down from NT$0.92 in 2Q 2024). Revenue: NT$324.8m (up 26% from 2Q 2024). Net income: NT$20.2m (down 27% from 2Q 2024). Profit margin: 6.2% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. 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 1% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$50.20, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 49% over the past three years.
Upcoming Dividend • Jun 23Upcoming dividend of NT$2.30 per shareEligible shareholders must have bought the stock before 30 June 2025. Payment date: 22 July 2025. Payout ratio is on the higher end at 79%, however this is supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.8%).
Declared Dividend • Jun 05Dividend increased to NT$2.30Dividend of NT$2.30 is 187% higher than last year. Ex-date: 30th June 2025 Payment date: 22nd July 2025 Dividend yield will be 5.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is more than the 4.6% EPS decline seen over the last 5 years.
Reported Earnings • May 19First quarter 2025 earnings released: EPS: NT$0.55 (vs NT$0.44 in 1Q 2024)First quarter 2025 results: EPS: NT$0.55 (up from NT$0.44 in 1Q 2024). Revenue: NT$229.2m (up 24% from 1Q 2024). Net income: NT$16.6m (up 27% from 1Q 2024). Profit margin: 7.3% (up from 7.1% 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 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Buy Or Sell Opportunity • May 16Now 21% overvaluedOver the last 90 days, the stock has fallen 2.2% to NT$45.00. The fair value is estimated to be NT$37.11, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 8.7% over the last 3 years. Earnings per share has declined by 28%.
Reported Earnings • Mar 26Full year 2024 earnings released: EPS: NT$2.80 (vs NT$1.17 in FY 2023)Full year 2024 results: EPS: NT$2.80 (up from NT$1.17 in FY 2023). Revenue: NT$937.7m (up 16% from FY 2023). Net income: NT$84.0m (up 140% from FY 2023). Profit margin: 9.0% (up from 4.3% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Feb 27Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025Grand-Tek Technology Co., Ltd., Annual General Meeting, May 22, 2025. Location: 8 floor no,233-2, pao ch`iao rd., sindian district, new taipei city Taiwan
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.35 (vs NT$0.20 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.35 (up from NT$0.20 in 3Q 2023). Revenue: NT$225.9m (up 20% from 3Q 2023). Net income: NT$10.4m (up 72% from 3Q 2023). Profit margin: 4.6% (up from 3.2% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.92 (vs NT$0.55 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.92 (up from NT$0.55 in 2Q 2023). Revenue: NT$257.2m (up 26% from 2Q 2023). Net income: NT$27.6m (up 67% from 2Q 2023). Profit margin: 11% (up from 8.1% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 20Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 18 July 2024. Payout ratio is a comfortable 67% but the company is paying out more than the cash it is generating. Trailing yield: 1.6%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (2.3%).
Reported Earnings • May 20First quarter 2024 earnings released: EPS: NT$0.44 (vs NT$0.41 in 1Q 2023)First quarter 2024 results: EPS: NT$0.44 (up from NT$0.41 in 1Q 2023). Revenue: NT$184.5m (down 25% from 1Q 2023). Net income: NT$13.1m (up 6.0% from 1Q 2023). Profit margin: 7.1% (up from 5.0% in 1Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 03Full year 2023 earnings released: EPS: NT$1.17 (vs NT$4.10 in FY 2022)Full year 2023 results: EPS: NT$1.17 (down from NT$4.10 in FY 2022). Revenue: NT$807.6m (down 29% from FY 2022). Net income: NT$35.0m (down 72% from FY 2022). Profit margin: 4.3% (down from 11% 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 10% per year whereas the company’s share price has increased by 7% per year.
お知らせ • Mar 05Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024Grand-Tek Technology Co., Ltd., Annual General Meeting, May 21, 2024.
New Risk • Nov 18New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 5.6% Last year net profit margin: 12% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 107% Dividend per share is over 71x cash flows per share. Minor Risks Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (NT$1.35b market cap, or US$42.5m).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: NT$0.55 (vs NT$1.22 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.55 (down from NT$1.22 in 2Q 2022). Revenue: NT$204.5m (down 21% from 2Q 2022). Net income: NT$16.5m (down 55% from 2Q 2022). Profit margin: 8.1% (down from 14% 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 24% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 06Upcoming dividend of NT$2.30 per share at 3.7% yieldEligible shareholders must have bought the stock before 13 June 2023. Payment date: 13 July 2023. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (3.0%).
Reported Earnings • Mar 24Full year 2022 earnings released: EPS: NT$5.00 (vs NT$3.50 in FY 2021)Full year 2022 results: EPS: NT$5.00 (up from NT$3.50 in FY 2021). Revenue: NT$1.13b (up 23% from FY 2021). Net income: NT$123.0m (up 44% from FY 2021). Profit margin: 11% (up from 9.3% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$64.20, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 14x in the Electrical industry in Taiwan. Total returns to shareholders of 94% over the past three years.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 07Third quarter 2022 earnings released: EPS: NT$1.88 (vs NT$1.14 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.88 (up from NT$1.14 in 3Q 2021). Revenue: NT$320.4m (up 20% from 3Q 2021). Net income: NT$46.3m (up 65% from 3Q 2021). Profit margin: 14% (up from 11% 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 3% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.49 (vs NT$0.64 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.49 (up from NT$0.64 in 2Q 2021). Revenue: NT$257.3m (up 32% from 2Q 2021). Net income: NT$36.7m (up 134% from 2Q 2021). Profit margin: 14% (up from 8.0% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jun 21Upcoming dividend of NT$3.00 per shareEligible shareholders must have bought the stock before 28 June 2022. Payment date: 22 July 2022. Payout ratio and cash payout ratio are on the higher end at 77% and 77% respectively. Trailing yield: 6.1%. Lower than top quartile of Taiwanese dividend payers (6.3%). Higher than average of industry peers (3.8%).
Reported Earnings • May 09First quarter 2022 earnings released: EPS: NT$0.89 (vs NT$0.47 in 1Q 2021)First quarter 2022 results: EPS: NT$0.89 (up from NT$0.47 in 1Q 2021). Revenue: NT$243.5m (up 58% from 1Q 2021). Net income: NT$21.9m (up 95% from 1Q 2021). Profit margin: 9.0% (up from 7.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 13Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: NT$3.50 (up from NT$2.03 in FY 2020). Revenue: NT$920.0m (up 76% from FY 2020). Net income: NT$85.4m (up 75% from FY 2020). Profit margin: 9.3% (in line with FY 2020). Revenue exceeded analyst estimates by 6.6%. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 04Investor sentiment improved over the past weekAfter last week's 16% share price gain to NT$60.10, the stock trades at a trailing P/E ratio of 22.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 124% over the past three years.
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improved over the past weekAfter last week's 27% share price gain to NT$53.50, the stock trades at a trailing P/E ratio of 19.6x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 103% over the past three years.
Reported Earnings • Nov 10Third quarter 2021 earnings released: EPS NT$1.14 (vs NT$0.37 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$267.4m (up 113% from 3Q 2020). Net income: NT$28.1m (up 217% from 3Q 2020). Profit margin: 11% (up from 7.1% 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 3% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Reported Earnings • Aug 13Second quarter 2021 earnings released: EPS NT$0.64 (vs NT$0.60 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: NT$195.3m (up 52% from 2Q 2020). Net income: NT$15.7m (up 7.9% from 2Q 2020). Profit margin: 8.0% (down from 11% 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 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings.
Upcoming Dividend • Jul 26Upcoming dividend of NT$1.50 per shareEligible shareholders must have bought the stock before 02 August 2021. Payment date: 20 August 2021. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.9%). Higher than average of industry peers (3.3%).
Reported Earnings • May 12First quarter 2021 earnings released: EPS NT$0.47 (vs NT$0.56 in 1Q 2020)The company reported a mediocre first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: NT$154.0m (up 30% from 1Q 2020). Net income: NT$11.2m (down 17% from 1Q 2020). Profit margin: 7.3% (down from 11% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$44.40, the stock trades at a trailing P/E ratio of 21.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 30% over the past three years.
分析記事 • Apr 05Investors Could Be Concerned With Grand-Tek Technology's (GTSM:3684) Returns On CapitalWhat are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Reported Earnings • Mar 24Full year 2020 earnings released: EPS NT$2.03 (vs NT$4.64 in FY 2019)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: NT$522.0m (up 11% from FY 2019). Net income: NT$48.8m (down 56% from FY 2019). Profit margin: 9.3% (down from 24% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Mar 15We Think Grand-Tek Technology (GTSM:3684) Can Stay On Top Of Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Mar 13Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021Grand-Tek Technology Co., Ltd., Annual General Meeting, Jun 03, 2021.
Is New 90 Day High Low • Feb 25New 90-day high: NT$37.40The company is up 9.0% from its price of NT$34.45 on 27 November 2020. The Taiwanese market is up 17% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 11% over the same period.
分析記事 • Feb 21Has Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Impressive Stock Performance Got Anything to Do With Its Fundamentals?Most readers would already be aware that Grand-Tek Technology's (GTSM:3684) stock increased significantly by 5.5% over...
Is New 90 Day High Low • Feb 06New 90-day high: NT$35.95The company is up 4.0% from its price of NT$34.50 on 06 November 2020. The Taiwanese market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.
分析記事 • Jan 31Is Grand-Tek Technology Co., Ltd. (GTSM:3684) An Attractive Dividend Stock?Is Grand-Tek Technology Co., Ltd. ( GTSM:3684 ) a good dividend stock? How can we tell? Dividend paying companies with...
Is New 90 Day High Low • Jan 21New 90-day low: NT$33.30The company is down 4.0% from its price of NT$34.80 on 23 October 2020. The Taiwanese market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.
分析記事 • Jan 01Has Grand-Tek Technology (GTSM:3684) Got What It Takes To Become A Multi-Bagger?What are the early trends we should look for to identify a stock that could multiply in value over the long term...
分析記事 • Dec 11Is Grand-Tek Technology (GTSM:3684) Using Too Much Debt?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Nov 20Grand-Tek Technology Co., Ltd.'s (GTSM:3684) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?It is hard to get excited after looking at Grand-Tek Technology's (GTSM:3684) recent performance, when its stock has...
Is New 90 Day High Low • Nov 10New 90-day low: NT$34.20The company is down 5.0% from its price of NT$36.15 on 12 August 2020. The Taiwanese market is up 3.0% 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.
Reported Earnings • Nov 08Third quarter 2020 earnings released: EPS NT$0.37The company reported a mediocre third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: NT$125.7m (up 32% from 3Q 2019). Net income: NT$8.87m (down 86% from 3Q 2019). Profit margin: 7.1% (down from 65% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Sep 25New 90-day low: NT$34.75The company is down 8.0% from its price of NT$37.65 on 24 June 2020. The Taiwanese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 9.0% over the same period.
