View ValuationTons Lightology 将来の成長Future 基準チェック /06現在、 Tons Lightologyの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Electrical 収益成長35.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 05First quarter 2026 earnings released: NT$0.49 loss per share (vs NT$0.33 loss in 1Q 2025)First quarter 2026 results: NT$0.49 loss per share (further deteriorated from NT$0.33 loss in 1Q 2025). Revenue: NT$217.0m (down 3.8% from 1Q 2025). Net loss: NT$27.6m (loss widened 48% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.お知らせ • Mar 02Tons Lightology Inc., Annual General Meeting, May 28, 2026Tons Lightology Inc., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,8, hsien min ta ta, banciao district, new taipei city TaiwanReported Earnings • Feb 28Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.004 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.004 profit in FY 2024). Revenue: NT$932.9m (down 23% from FY 2024). Net loss: NT$104.2m (down NT$104.4m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.Board Change • Feb 25Less 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. 5 non-independent directors. Independent Director Tsung-Nan Chou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 01Third quarter 2025 earnings released: NT$0.62 loss per share (vs NT$0.056 loss in 3Q 2024)Third quarter 2025 results: NT$0.62 loss per share (further deteriorated from NT$0.056 loss in 3Q 2024). Revenue: NT$203.6m (down 36% from 3Q 2024). Net loss: NT$34.9m (loss widened NT$31.7m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.Reported Earnings • Jul 31Second quarter 2025 earnings released: NT$0.63 loss per share (vs NT$0.17 profit in 2Q 2024)Second quarter 2025 results: NT$0.63 loss per share (down from NT$0.17 profit in 2Q 2024). Revenue: NT$248.2m (down 25% from 2Q 2024). Net loss: NT$35.8m (down 476% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • May 04First quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: NT$0.33 loss per share (further deteriorated from NT$0.31 loss in 1Q 2024). Revenue: NT$225.6m (down 4.6% from 1Q 2024). Net loss: NT$18.6m (loss widened 5.1% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Apr 23Tons Lightology Inc. to Report Q1, 2025 Results on Apr 30, 2025Tons Lightology Inc. announced that they will report Q1, 2025 results on Apr 30, 2025Upcoming Dividend • Mar 16Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 April 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (4.5%). Higher than average of industry peers (2.5%).New Risk • Mar 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 205x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Market cap is less than US$100m (NT$1.37b market cap, or US$41.5m).お知らせ • Mar 04Tons Lightology Inc., Annual General Meeting, May 23, 2025Tons Lightology Inc., Annual General Meeting, May 23, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city TaiwanReported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: NT$1.22b (up 50% from FY 2023). Net income: NT$224.0k (down 100% from FY 2023). Profit margin: 0% (down from 6.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Declared Dividend • Mar 01Dividend increased to NT$0.80Dividend of NT$0.80 is 14% higher than last year. Ex-date: 21st March 2025 Payment date: 25th April 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (300% 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 5.1% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.お知らせ • Feb 28Tons Lightology Inc. announces Annual dividend, payable on April 25, 2025Tons Lightology Inc. announced Annual dividend of TWD 0.8000 per share payable on April 25, 2025, ex-date on March 21, 2025 and record date on March 24, 2025.お知らせ • Feb 20Tons Lightology Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Tons Lightology Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 21x in the Electrical industry in Taiwan. Total loss to shareholders of 12% over the past three years.New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 300% Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$1.18b market cap, or US$35.8m).Reported Earnings • Oct 29Third quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.059 profit in 3Q 2023)Third quarter 2024 results: NT$0.06 loss per share (down from NT$0.059 profit in 3Q 2023). Revenue: NT$318.7m (up 67% from 3Q 2023). Net loss: NT$3.21m (down 239% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% 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.お知らせ • Oct 17Tons Lightology Inc. to Report Q3, 2024 Results on Oct 24, 2024Tons Lightology Inc. announced that they will report Q3, 2024 results on Oct 24, 2024Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: NT$0.17 (vs NT$0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.17 (up from NT$0.18 loss in 2Q 2023). Revenue: NT$330.6m (up 82% from 2Q 2023). Net income: NT$9.52m (up NT$16.6m from 2Q 2023). Profit margin: 2.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.お知らせ • Jul 23Tons Lightology Inc. to Report Q2, 2024 Results on Jul 30, 2024Tons Lightology Inc. announced that they will report Q2, 2024 results on Jul 30, 2024お知らせ • May 09Tons Lightology Inc. to Report Q1, 2024 Results on May 08, 2024Tons Lightology Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024Reported Earnings • May 04First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.024 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.024 profit in 1Q 2023). Revenue: NT$236.5m (up 46% from 1Q 2023). Net loss: NT$17.7m (down NT$18.7m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Mar 21Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (2.4%).New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 48% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (306% payout ratio). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (NT$1.66b market cap, or US$52.7m).Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.16 (vs NT$1.35 in FY 2022)Full year 2023 results: EPS: NT$1.16 (down from NT$1.35 in FY 2022). Revenue: NT$811.9m (down 11% from FY 2022). Net income: NT$49.1m (down 6.3% from FY 2022). Profit margin: 6.0% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Declared Dividend • Feb 29Dividend of NT$0.70 announcedShareholders will receive a dividend of NT$0.70. Ex-date: 28th March 2024 Payment date: 26th April 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio). However, it is covered by cash flows (58% cash payout ratio). The dividend has increased by an average of 4.5% 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 grow by 239% to bring the payout ratio under control. However, EPS has declined by 38% over the last 5 years so the company would need to reverse this trend.お知らせ • Feb 28Tons Lightology Inc., Annual General Meeting, May 29, 2024Tons Lightology Inc., Annual General Meeting, May 29, 2024. Location: No. 88, Minquan Road Banqiao Dist New Taipei City Taiwan Agenda: To consider Proposal for report of the Company's Operation of 2023; to consider Proposal for audit committee examination report on statements and records of 2023; to consider report on distribution of remuneration for employees and directors; to consider Directors and managers’ performance evaluation results and relevance and rationality report on their salary remuneration; to consider Report on remuneration of individual directors; to consider Report on 2023 Cash Dividend Payout case; to consider Report on the execution status of the company's share conversion case with Strong LED Lighting Systems (Cayman)Co., Ltd; to consider Proposal for recognizing the Reports on Operating and Financial Status in 2023; to consider recognizing distribution of retained earning of 2023; and to consider deregulating the non-compete clauses on newly-elected directors.お知らせ • Nov 02Tons Lightology Inc. on Behalf of Strongled Lighting Systems (Cayman)Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Institutional Director - GApollo Star Group Ltd. representative-CHANG,Chia-Jui; Institutional Director r- GGlory City Worldwide Limited. representative-CHANG SHIH,Pei-Jen. Director- GTSENG,Chih-Hung; Director- GHSIEH,Kun-Hsueh; Independent Director- GWANG,Min-Kuo; Independent Director- GLIAO,Chien-Chih. Title and name of the new position holder: Institutional Director GTons Lightology Inc. representative- TANG,Shin-Chuan. Institutional Director GTons Lightology Inc. representative-CHAN,Yi-Chen; Institutional Director GTons Lightology Inc. representative-WANG, Chih-Yuan. Resume of the new position holder: TANG,Shin-Chuan?GTons Lightology Inc.-Chairman; CHAN,Yi-Chen GTons Lightology Inc.-Assistant Vice President of Chairman office. WANG,Chih-Yuan GTons Lightology Inc.-Vice General Management. Effective date of the new appointment is October 31, 2023.お知らせ • Nov 01+ 2 more updatesTons Lightology Inc. on Behalf of Subsidiary, Strongled Announces Dismissal of Audit Committee Member and Remuneration Committee MemberTons Lightology Inc. announced on behalf of subsidiary, StrongLED related ipso facto dismissal of Audit Committee member and Remuneration Committee member. Name of the previous position holder: Independent Director-GWANG,Min-Kuo; Independent Director- GLIAO,Chien-Chih. Resume of the previous position holder: WANG,Min-Kuo-GHost of Wang Mingguo Architects Office; LIAO,Chien-Chih-GDirector of Ji Changtong Law Firm.Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.14 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.06 (down from NT$0.14 in 3Q 2022). Revenue: NT$190.7m (down 9.5% from 3Q 2022). Net income: NT$2.31m (down 56% from 3Q 2022). Profit margin: 1.2% (down from 2.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.お知らせ • Oct 27Tons Lightology Inc. Announces Appointment of Nomination CommitteeTons Lightology Inc. announced establishment of nomination committee and appointment of members of nomination committee which includes CHOU, TSUNG-NAN, CHOU, LIANG-CHENG and LEE, SHYH-CHIN. Resume of the new position holder: CHOU, TSUNG-NAN /Edison Opto Corporation/Independent Director, CHOU, LIANG-CHENG /Jia Hua Attorneys-At-Law Firm, -Founding Attorney and LEE, SHYH-CHIN /Chunghwa Telecom Consultant. Effective date of the new member is October 26, 2023.Reported Earnings • Jul 29Second quarter 2023 earnings released: NT$0.18 loss per share (vs NT$0.34 profit in 2Q 2022)Second quarter 2023 results: NT$0.18 loss per share (down from NT$0.34 profit in 2Q 2022). Revenue: NT$182.2m (down 25% from 2Q 2022). Net loss: NT$7.04m (down 154% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Jul 29Tons Lightology Inc. Announces Remuneration Committee ChangesTons Lightology Inc. announced the Members of the fifth remuneration committee by the Board of Directors of the Company. Name of the previous position holder: Independent Director: HSU, CHUNG-YUAN, Adjunct Professor of Accounting, National Chengchi University; Independent Director:CHOU, LIANG-CHENG, Jia Hua Attorneys-At-Law Firm, Founding Attorney; Independent Director:LEE, SHYH-CHIN, Chunghwa Telecom Consultant. Name of the new position holder: Independent Director:CHOU, TSUNG-NAN, Edison Opto Corporation/Independent Director; Independent Director:CHOU, LIANG-CHENG, Jia Hua Attorneys-At-Law Firm, Founding Attorney; Independent Director:LEE, SHYH-CHIN, Chunghwa Telecom Consultant. Effective date of the new member is July 27, 2023.お知らせ • May 27+ 1 more updateTons Lightology Inc. Announces Audit Committee ChangesTons Lightology Inc. announced the appointment of CHOU, TSUNG-NAN, Independent Director as Member of Audit Committee in place of HSU, CHUNG-YUAN, Independent Director, effective May 25, 2023. HSU, CHUNG-YUAN is Adjunct Professor of Accounting, National Chengchi University and CHOU, TSUNG-NAN is Independent Director of Edison Opto Corporation.Upcoming Dividend • Mar 16Upcoming dividend of NT$1.62 per share at 5.4% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 20 April 2023. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.4%).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. 4 non-independent directors. Independent Director Shyh-Chin Lee 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 06Third quarter 2022 earnings released: EPS: NT$0.14 (vs NT$1.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.14 (down from NT$1.02 in 3Q 2021). Revenue: NT$210.7m (down 33% from 3Q 2021). Net income: NT$5.26m (down 87% from 3Q 2021). Profit margin: 2.5% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Buying Opportunity • Sep 28Now 22% undervaluedOver the last 90 days, the stock is up 4.1%. The fair value is estimated to be NT$39.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.24 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.33 (up from NT$0.24 in 2Q 2021). Revenue: NT$242.0m (up 13% from 2Q 2021). Net income: NT$13.0m (up 45% from 2Q 2021). Profit margin: 5.4% (up from 4.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 08Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 18 July 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.5%).Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.25 (up from NT$0.011 in 1Q 2021). Revenue: NT$252.7m (up 15% from 1Q 2021). Net income: NT$9.64m (up NT$9.21m from 1Q 2021). Profit margin: 3.8% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.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. 4 non-independent directors. Independent Director Shyh-Chin Lee 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.お知らせ • Feb 26Tons Lightology Inc., Annual General Meeting, May 26, 2022Tons Lightology Inc., Annual General Meeting, May 26, 2022. Location: No. 88, Minquan Road., Banqiao Dist. New Taipei City Taipei Taiwan Agenda: To consider proposal for report of the Company's Operation of 2021; to consider proposal for audit committee examination report on statements and records of 2021; to consider proposal for report on distribution of remuneration for employees and directors; to consider directors and managers performance evaluation results and relevance and rationality report on their salary remuneration; to consider report on remuneration of individual directors; and to consider report on 2021 Cash Dividend Payout case.Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$1.05 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: NT$314.8m (up 39% from 3Q 2020). Net income: NT$39.5m (flat on 3Q 2020). Profit margin: 13% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 02Second quarter 2021 earnings released: EPS NT$0.24 (vs NT$1.19 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$213.7m (down 5.8% from 2Q 2020). Net income: NT$8.99m (down 80% from 2Q 2020). Profit margin: 4.2% (down from 20% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Jun 09Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 16 June 2021. Payment date: 16 July 2021. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.4%).Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.01 (vs NT$1.13 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$219.4m (up 71% from 1Q 2020). Net income: NT$434.0k (up NT$44.7m from 1Q 2020). Profit margin: 0.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% 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.分析記事 • Mar 29Tons Lightology (GTSM:4972) Is Finding It Tricky To Allocate Its CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...分析記事 • Mar 01Tons Lightology Inc.'s (GTSM:4972) Price Is Right But Growth Is LackingWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 20x, you may consider Tons...Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.08 (vs NT$2.69 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$809.0m (down 26% from FY 2019). Net income: NT$79.1m (down 25% from FY 2019). Profit margin: 9.8% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 48% 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.お知らせ • Feb 27Tons Lightology Inc., Annual General Meeting, May 27, 2021Tons Lightology Inc., Annual General Meeting, May 27, 2021. Location: 2F., No.236, Boai St., Shulin Dist Taipei Taiwan Agenda: To consider proposal for report of the Company's Operation of 2020; to consider proposal for audit committee examination report on statements and records of 2020; to consider proposal for report on distribution of remuneration for employees and directors; to consider Directors and managers performance evaluation results and relevance and rationality report on their salary remuneration; to consider Report on 2020 Cash Dividend Payout case; to consider proposal for recognizing the Reports on Operating and Financial Status in 2020 of the Company; to consider proposal for recognizing distribution of retained earnings of 2020; to consider proposal for amending Shareholders' Meeting Rules of the Company; to consider proposal for amending Procedures for Election of Directors; and to consider proposal for amending loans and funds operating procedures.Is New 90 Day High Low • Feb 23New 90-day high: NT$29.25The company is up 1.0% from its price of NT$29.05 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% over the same period.分析記事 • Feb 01Tons Lightology Inc.'s (GTSM:4972) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?Tons Lightology's (GTSM:4972) stock is up by 2.2% over the past three months. However, in this article, we decided to...分析記事 • Jan 04Should Tons Lightology Inc. (GTSM:4972) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Tons Lightology Inc. ( GTSM:4972 ) from a dividend investor's perspective. Owning a...分析記事 • Dec 07We Think Tons Lightology's (GTSM:4972) Statutory Profit Might Understate Its Earnings PotentialIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...Is New 90 Day High Low • Nov 21New 90-day high: NT$29.40The company is up 7.0% from its price of NT$27.35 on 21 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 5.0% over the same period.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$78.6m, with earnings increasing by NT$98.5m from the prior year. Total revenue was NT$862.8m over the last 12 months, down 19% from the prior year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Tons Lightology は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測TPEX:4972 - アナリストの将来予測と過去の財務データ ( )TWD Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026924-113-860N/A12/31/2025933-104-2663N/A9/30/20251,008-78-2170N/A6/30/20251,123-462459N/A3/31/20251,205-1543N/A12/31/20241,2160-390N/A9/30/20241,163411554N/A6/30/20241,0354781107N/A3/31/20248863097121N/A12/31/202381249111134N/A9/30/202374421109127N/A6/30/202376424127146N/A3/31/202382344140157N/A12/31/202291452178190N/A9/30/20221,00975175191N/A6/30/20221,113109143161N/A3/31/20221,085105159179N/A12/31/20211,0529694120N/A9/30/2021976877195N/A6/30/202188788168195N/A3/31/2021900124125150N/A12/31/202080979156176N/A9/30/202086379213237N/A6/30/20209217292113N/A3/31/202098941140164N/A12/31/20191,086106N/A177N/A9/30/20191,064-21N/A114N/A6/30/20191,067-23N/A148N/A3/31/20191,064-101N/A141N/A12/31/20181,053106N/A138N/A9/30/20181,056238N/A145N/A6/30/20181,037244N/A158N/A3/31/2018992331N/A130N/A12/31/2017987121N/A135N/A9/30/201799195N/A148N/A6/30/20171,00489N/A141N/A3/31/20171,100104N/A163N/A12/31/20161,176125N/A190N/A9/30/20161,223148N/A205N/A6/30/20161,300169N/A227N/A3/31/20161,317168N/A278N/A12/31/20151,307145N/A238N/A9/30/20151,304141N/A238N/A6/30/20151,265111N/A167N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 4972の予測収益成長が 貯蓄率 ( 1.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: 4972の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: 4972の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: 4972の収益がTW市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: 4972の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 4972の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YCapital-goods 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 03:51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Tons Lightology Inc. 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Xi Hao BauCapital Securities Corporation
Reported Earnings • May 05First quarter 2026 earnings released: NT$0.49 loss per share (vs NT$0.33 loss in 1Q 2025)First quarter 2026 results: NT$0.49 loss per share (further deteriorated from NT$0.33 loss in 1Q 2025). Revenue: NT$217.0m (down 3.8% from 1Q 2025). Net loss: NT$27.6m (loss widened 48% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 02Tons Lightology Inc., Annual General Meeting, May 28, 2026Tons Lightology Inc., Annual General Meeting, May 28, 2026, at 09:00 Taipei Standard Time. Location: 2 floor no,8, hsien min ta ta, banciao district, new taipei city Taiwan
Reported Earnings • Feb 28Full year 2025 earnings released: NT$1.84 loss per share (vs NT$0.004 profit in FY 2024)Full year 2025 results: NT$1.84 loss per share (down from NT$0.004 profit in FY 2024). Revenue: NT$932.9m (down 23% from FY 2024). Net loss: NT$104.2m (down NT$104.4m from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
Board Change • Feb 25Less 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. 5 non-independent directors. Independent Director Tsung-Nan Chou was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 01Third quarter 2025 earnings released: NT$0.62 loss per share (vs NT$0.056 loss in 3Q 2024)Third quarter 2025 results: NT$0.62 loss per share (further deteriorated from NT$0.056 loss in 3Q 2024). Revenue: NT$203.6m (down 36% from 3Q 2024). Net loss: NT$34.9m (loss widened NT$31.7m from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance.
Reported Earnings • Jul 31Second quarter 2025 earnings released: NT$0.63 loss per share (vs NT$0.17 profit in 2Q 2024)Second quarter 2025 results: NT$0.63 loss per share (down from NT$0.17 profit in 2Q 2024). Revenue: NT$248.2m (down 25% from 2Q 2024). Net loss: NT$35.8m (down 476% from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 04First quarter 2025 earnings released: NT$0.33 loss per share (vs NT$0.31 loss in 1Q 2024)First quarter 2025 results: NT$0.33 loss per share (further deteriorated from NT$0.31 loss in 1Q 2024). Revenue: NT$225.6m (down 4.6% from 1Q 2024). Net loss: NT$18.6m (loss widened 5.1% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 23Tons Lightology Inc. to Report Q1, 2025 Results on Apr 30, 2025Tons Lightology Inc. announced that they will report Q1, 2025 results on Apr 30, 2025
Upcoming Dividend • Mar 16Upcoming dividend of NT$0.80 per shareEligible shareholders must have bought the stock before 21 March 2025. Payment date: 25 April 2025. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (4.5%). Higher than average of industry peers (2.5%).
New Risk • Mar 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 43% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Dividend per share is over 205x earnings per share. Paying a dividend despite having no free cash flows. Earnings have declined by 22% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin). Market cap is less than US$100m (NT$1.37b market cap, or US$41.5m).
お知らせ • Mar 04Tons Lightology Inc., Annual General Meeting, May 23, 2025Tons Lightology Inc., Annual General Meeting, May 23, 2025, at 09:00 Taipei Standard Time. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwan
Reported Earnings • Mar 04Full year 2024 earnings releasedFull year 2024 results: Revenue: NT$1.22b (up 50% from FY 2023). Net income: NT$224.0k (down 100% from FY 2023). Profit margin: 0% (down from 6.0% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Declared Dividend • Mar 01Dividend increased to NT$0.80Dividend of NT$0.80 is 14% higher than last year. Ex-date: 21st March 2025 Payment date: 25th April 2025 Dividend yield will be 3.2%, which is about the same as the industry average. Sustainability & Growth Dividend is not adequately covered by earnings (95% earnings payout ratio) nor is it covered by cash flows (300% 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 5.1% to bring the payout ratio under control. However, EPS has declined by 12% over the last 5 years so the company would need to reverse this trend.
お知らせ • Feb 28Tons Lightology Inc. announces Annual dividend, payable on April 25, 2025Tons Lightology Inc. announced Annual dividend of TWD 0.8000 per share payable on April 25, 2025, ex-date on March 21, 2025 and record date on March 24, 2025.
お知らせ • Feb 20Tons Lightology Inc. to Report Fiscal Year 2024 Results on Feb 27, 2025Tons Lightology Inc. announced that they will report fiscal year 2024 results on Feb 27, 2025
Valuation Update With 7 Day Price Move • Jan 21Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$23.90, the stock trades at a trailing P/E ratio of 33.2x. Average trailing P/E is 21x in the Electrical industry in Taiwan. Total loss to shareholders of 12% over the past three years.
New Risk • Jan 16New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 47% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 95% Cash payout ratio: 300% Shareholders have been substantially diluted in the past year (47% increase in shares outstanding). Minor Risk Market cap is less than US$100m (NT$1.18b market cap, or US$35.8m).
Reported Earnings • Oct 29Third quarter 2024 earnings released: NT$0.06 loss per share (vs NT$0.059 profit in 3Q 2023)Third quarter 2024 results: NT$0.06 loss per share (down from NT$0.059 profit in 3Q 2023). Revenue: NT$318.7m (up 67% from 3Q 2023). Net loss: NT$3.21m (down 239% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 50% 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.
お知らせ • Oct 17Tons Lightology Inc. to Report Q3, 2024 Results on Oct 24, 2024Tons Lightology Inc. announced that they will report Q3, 2024 results on Oct 24, 2024
Reported Earnings • Aug 02Second quarter 2024 earnings released: EPS: NT$0.17 (vs NT$0.18 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.17 (up from NT$0.18 loss in 2Q 2023). Revenue: NT$330.6m (up 82% from 2Q 2023). Net income: NT$9.52m (up NT$16.6m from 2Q 2023). Profit margin: 2.9% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
お知らせ • Jul 23Tons Lightology Inc. to Report Q2, 2024 Results on Jul 30, 2024Tons Lightology Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
お知らせ • May 09Tons Lightology Inc. to Report Q1, 2024 Results on May 08, 2024Tons Lightology Inc. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024
Reported Earnings • May 04First quarter 2024 earnings released: NT$0.31 loss per share (vs NT$0.024 profit in 1Q 2023)First quarter 2024 results: NT$0.31 loss per share (down from NT$0.024 profit in 1Q 2023). Revenue: NT$236.5m (up 46% from 1Q 2023). Net loss: NT$17.7m (down NT$18.7m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Mar 21Upcoming dividend of NT$0.70 per shareEligible shareholders must have bought the stock before 28 March 2024. Payment date: 26 April 2024. Payout ratio is a comfortable 60% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of Taiwanese dividend payers (4.7%). In line with average of industry peers (2.4%).
New Risk • Mar 12New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 48% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (306% payout ratio). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (NT$1.66b market cap, or US$52.7m).
Reported Earnings • Mar 05Full year 2023 earnings released: EPS: NT$1.16 (vs NT$1.35 in FY 2022)Full year 2023 results: EPS: NT$1.16 (down from NT$1.35 in FY 2022). Revenue: NT$811.9m (down 11% from FY 2022). Net income: NT$49.1m (down 6.3% from FY 2022). Profit margin: 6.0% (up from 5.7% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Declared Dividend • Feb 29Dividend of NT$0.70 announcedShareholders will receive a dividend of NT$0.70. Ex-date: 28th March 2024 Payment date: 26th April 2024 Dividend yield will be 2.4%, which is lower than the industry average of 3.1%. Sustainability & Growth Dividend is not covered by earnings (306% earnings payout ratio). However, it is covered by cash flows (58% cash payout ratio). The dividend has increased by an average of 4.5% 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 grow by 239% to bring the payout ratio under control. However, EPS has declined by 38% over the last 5 years so the company would need to reverse this trend.
お知らせ • Feb 28Tons Lightology Inc., Annual General Meeting, May 29, 2024Tons Lightology Inc., Annual General Meeting, May 29, 2024. Location: No. 88, Minquan Road Banqiao Dist New Taipei City Taiwan Agenda: To consider Proposal for report of the Company's Operation of 2023; to consider Proposal for audit committee examination report on statements and records of 2023; to consider report on distribution of remuneration for employees and directors; to consider Directors and managers’ performance evaluation results and relevance and rationality report on their salary remuneration; to consider Report on remuneration of individual directors; to consider Report on 2023 Cash Dividend Payout case; to consider Report on the execution status of the company's share conversion case with Strong LED Lighting Systems (Cayman)Co., Ltd; to consider Proposal for recognizing the Reports on Operating and Financial Status in 2023; to consider recognizing distribution of retained earning of 2023; and to consider deregulating the non-compete clauses on newly-elected directors.
お知らせ • Nov 02Tons Lightology Inc. on Behalf of Strongled Lighting Systems (Cayman)Co., Ltd. Announces Board ChangesTitle and name of the previous position holder: Institutional Director - GApollo Star Group Ltd. representative-CHANG,Chia-Jui; Institutional Director r- GGlory City Worldwide Limited. representative-CHANG SHIH,Pei-Jen. Director- GTSENG,Chih-Hung; Director- GHSIEH,Kun-Hsueh; Independent Director- GWANG,Min-Kuo; Independent Director- GLIAO,Chien-Chih. Title and name of the new position holder: Institutional Director GTons Lightology Inc. representative- TANG,Shin-Chuan. Institutional Director GTons Lightology Inc. representative-CHAN,Yi-Chen; Institutional Director GTons Lightology Inc. representative-WANG, Chih-Yuan. Resume of the new position holder: TANG,Shin-Chuan?GTons Lightology Inc.-Chairman; CHAN,Yi-Chen GTons Lightology Inc.-Assistant Vice President of Chairman office. WANG,Chih-Yuan GTons Lightology Inc.-Vice General Management. Effective date of the new appointment is October 31, 2023.
お知らせ • Nov 01+ 2 more updatesTons Lightology Inc. on Behalf of Subsidiary, Strongled Announces Dismissal of Audit Committee Member and Remuneration Committee MemberTons Lightology Inc. announced on behalf of subsidiary, StrongLED related ipso facto dismissal of Audit Committee member and Remuneration Committee member. Name of the previous position holder: Independent Director-GWANG,Min-Kuo; Independent Director- GLIAO,Chien-Chih. Resume of the previous position holder: WANG,Min-Kuo-GHost of Wang Mingguo Architects Office; LIAO,Chien-Chih-GDirector of Ji Changtong Law Firm.
Reported Earnings • Oct 29Third quarter 2023 earnings released: EPS: NT$0.06 (vs NT$0.14 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.06 (down from NT$0.14 in 3Q 2022). Revenue: NT$190.7m (down 9.5% from 3Q 2022). Net income: NT$2.31m (down 56% from 3Q 2022). Profit margin: 1.2% (down from 2.5% in 3Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
お知らせ • Oct 27Tons Lightology Inc. Announces Appointment of Nomination CommitteeTons Lightology Inc. announced establishment of nomination committee and appointment of members of nomination committee which includes CHOU, TSUNG-NAN, CHOU, LIANG-CHENG and LEE, SHYH-CHIN. Resume of the new position holder: CHOU, TSUNG-NAN /Edison Opto Corporation/Independent Director, CHOU, LIANG-CHENG /Jia Hua Attorneys-At-Law Firm, -Founding Attorney and LEE, SHYH-CHIN /Chunghwa Telecom Consultant. Effective date of the new member is October 26, 2023.
Reported Earnings • Jul 29Second quarter 2023 earnings released: NT$0.18 loss per share (vs NT$0.34 profit in 2Q 2022)Second quarter 2023 results: NT$0.18 loss per share (down from NT$0.34 profit in 2Q 2022). Revenue: NT$182.2m (down 25% from 2Q 2022). Net loss: NT$7.04m (down 154% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Jul 29Tons Lightology Inc. Announces Remuneration Committee ChangesTons Lightology Inc. announced the Members of the fifth remuneration committee by the Board of Directors of the Company. Name of the previous position holder: Independent Director: HSU, CHUNG-YUAN, Adjunct Professor of Accounting, National Chengchi University; Independent Director:CHOU, LIANG-CHENG, Jia Hua Attorneys-At-Law Firm, Founding Attorney; Independent Director:LEE, SHYH-CHIN, Chunghwa Telecom Consultant. Name of the new position holder: Independent Director:CHOU, TSUNG-NAN, Edison Opto Corporation/Independent Director; Independent Director:CHOU, LIANG-CHENG, Jia Hua Attorneys-At-Law Firm, Founding Attorney; Independent Director:LEE, SHYH-CHIN, Chunghwa Telecom Consultant. Effective date of the new member is July 27, 2023.
お知らせ • May 27+ 1 more updateTons Lightology Inc. Announces Audit Committee ChangesTons Lightology Inc. announced the appointment of CHOU, TSUNG-NAN, Independent Director as Member of Audit Committee in place of HSU, CHUNG-YUAN, Independent Director, effective May 25, 2023. HSU, CHUNG-YUAN is Adjunct Professor of Accounting, National Chengchi University and CHOU, TSUNG-NAN is Independent Director of Edison Opto Corporation.
Upcoming Dividend • Mar 16Upcoming dividend of NT$1.62 per share at 5.4% yieldEligible shareholders must have bought the stock before 23 March 2023. Payment date: 20 April 2023. Trailing yield: 5.4%. Lower than top quartile of Taiwanese dividend payers (6.1%). Higher than average of industry peers (3.4%).
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. 4 non-independent directors. Independent Director Shyh-Chin Lee 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 06Third quarter 2022 earnings released: EPS: NT$0.14 (vs NT$1.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$0.14 (down from NT$1.02 in 3Q 2021). Revenue: NT$210.7m (down 33% from 3Q 2021). Net income: NT$5.26m (down 87% from 3Q 2021). Profit margin: 2.5% (down from 13% in 3Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Buying Opportunity • Sep 28Now 22% undervaluedOver the last 90 days, the stock is up 4.1%. The fair value is estimated to be NT$39.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company has become profitable.
Reported Earnings • Jul 31Second quarter 2022 earnings released: EPS: NT$0.33 (vs NT$0.24 in 2Q 2021)Second quarter 2022 results: EPS: NT$0.33 (up from NT$0.24 in 2Q 2021). Revenue: NT$242.0m (up 13% from 2Q 2021). Net income: NT$13.0m (up 45% from 2Q 2021). Profit margin: 5.4% (up from 4.2% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 08Upcoming dividend of NT$2.10 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 18 July 2022. Payout ratio is on the higher end at 77%, however this is supported by cash flows. Trailing yield: 6.5%. Within top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.5%).
Reported Earnings • May 02First quarter 2022 earnings: EPS and revenues miss analyst expectationsFirst quarter 2022 results: EPS: NT$0.25 (up from NT$0.011 in 1Q 2021). Revenue: NT$252.7m (up 15% from 1Q 2021). Net income: NT$9.64m (up NT$9.21m from 1Q 2021). Profit margin: 3.8% (up from 0.2% in 1Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 1.2%. Earnings per share (EPS) also missed analyst estimates by 48%. Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
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. 4 non-independent directors. Independent Director Shyh-Chin Lee 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.
お知らせ • Feb 26Tons Lightology Inc., Annual General Meeting, May 26, 2022Tons Lightology Inc., Annual General Meeting, May 26, 2022. Location: No. 88, Minquan Road., Banqiao Dist. New Taipei City Taipei Taiwan Agenda: To consider proposal for report of the Company's Operation of 2021; to consider proposal for audit committee examination report on statements and records of 2021; to consider proposal for report on distribution of remuneration for employees and directors; to consider directors and managers performance evaluation results and relevance and rationality report on their salary remuneration; to consider report on remuneration of individual directors; and to consider report on 2021 Cash Dividend Payout case.
Reported Earnings • Nov 07Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$1.05 in 3Q 2020)The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues improved. Third quarter 2021 results: Revenue: NT$314.8m (up 39% from 3Q 2020). Net income: NT$39.5m (flat on 3Q 2020). Profit margin: 13% (down from 18% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 02Second quarter 2021 earnings released: EPS NT$0.24 (vs NT$1.19 in 2Q 2020)The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$213.7m (down 5.8% from 2Q 2020). Net income: NT$8.99m (down 80% from 2Q 2020). Profit margin: 4.2% (down from 20% in 2Q 2020). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Jun 09Upcoming dividend of NT$2.40 per shareEligible shareholders must have bought the stock before 16 June 2021. Payment date: 16 July 2021. Trailing yield: 6.9%. Within top quartile of Taiwanese dividend payers (5.0%). Higher than average of industry peers (3.4%).
Reported Earnings • May 02First quarter 2021 earnings released: EPS NT$0.01 (vs NT$1.13 loss in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$219.4m (up 71% from 1Q 2020). Net income: NT$434.0k (up NT$44.7m from 1Q 2020). Profit margin: 0.2% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 42% 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.
分析記事 • Mar 29Tons Lightology (GTSM:4972) Is Finding It Tricky To Allocate Its CapitalIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Typically...
分析記事 • Mar 01Tons Lightology Inc.'s (GTSM:4972) Price Is Right But Growth Is LackingWhen close to half the companies in Taiwan have price-to-earnings ratios (or "P/E's") above 20x, you may consider Tons...
Reported Earnings • Feb 28Full year 2020 earnings released: EPS NT$2.08 (vs NT$2.69 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$809.0m (down 26% from FY 2019). Net income: NT$79.1m (down 25% from FY 2019). Profit margin: 9.8% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 48% 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.
お知らせ • Feb 27Tons Lightology Inc., Annual General Meeting, May 27, 2021Tons Lightology Inc., Annual General Meeting, May 27, 2021. Location: 2F., No.236, Boai St., Shulin Dist Taipei Taiwan Agenda: To consider proposal for report of the Company's Operation of 2020; to consider proposal for audit committee examination report on statements and records of 2020; to consider proposal for report on distribution of remuneration for employees and directors; to consider Directors and managers performance evaluation results and relevance and rationality report on their salary remuneration; to consider Report on 2020 Cash Dividend Payout case; to consider proposal for recognizing the Reports on Operating and Financial Status in 2020 of the Company; to consider proposal for recognizing distribution of retained earnings of 2020; to consider proposal for amending Shareholders' Meeting Rules of the Company; to consider proposal for amending Procedures for Election of Directors; and to consider proposal for amending loans and funds operating procedures.
Is New 90 Day High Low • Feb 23New 90-day high: NT$29.25The company is up 1.0% from its price of NT$29.05 on 25 November 2020. The Taiwanese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 14% over the same period.
分析記事 • Feb 01Tons Lightology Inc.'s (GTSM:4972) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?Tons Lightology's (GTSM:4972) stock is up by 2.2% over the past three months. However, in this article, we decided to...
分析記事 • Jan 04Should Tons Lightology Inc. (GTSM:4972) Be Part Of Your Dividend Portfolio?Today we'll take a closer look at Tons Lightology Inc. ( GTSM:4972 ) from a dividend investor's perspective. Owning a...
分析記事 • Dec 07We Think Tons Lightology's (GTSM:4972) Statutory Profit Might Understate Its Earnings PotentialIt might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
Is New 90 Day High Low • Nov 21New 90-day high: NT$29.40The company is up 7.0% from its price of NT$27.35 on 21 August 2020. The Taiwanese market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Electrical industry, which is up 5.0% over the same period.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$78.6m, with earnings increasing by NT$98.5m from the prior year. Total revenue was NT$862.8m over the last 12 months, down 19% from the prior year.