View ValuationHighlight Tech 将来の成長Future 基準チェック /06現在、 Highlight Tech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Machinery 収益成長29.5%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 updatesValuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$99.80, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 61% over the past three years.Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.62 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.62 in 1Q 2025). Revenue: NT$752.8m (down 11% from 1Q 2025). Net income: NT$179.7m (up 206% from 1Q 2025). Profit margin: 24% (up from 7.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Declared Dividend • Apr 27Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 25th June 2026 Payment date: 20th July 2026 Dividend yield will be 2.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has increased by an average of 21% 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 6.3% EPS decline seen over the last 5 years.Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$75.00, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 21% over the past three years.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$57.60, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total loss to shareholders of 10.0% over the past three years.New Risk • Mar 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (133% cash payout ratio).Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.52 (vs NT$3.01 in FY 2024)Full year 2025 results: EPS: NT$2.52 (down from NT$3.01 in FY 2024). Revenue: NT$3.75b (down 4.6% from FY 2024). Net income: NT$238.2m (down 26% from FY 2024). Profit margin: 6.3% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.お知らせ • Mar 11Highlight Tech Corp., Annual General Meeting, May 26, 2026Highlight Tech Corp., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwanお知らせ • Dec 20Highlight Tech Corp. Announces Retirement of Kou Chong-Shan as President, Effective January 1, 2026Highlight Tech Corp. announced that the president of the company, Kou Chong-Shan, has retired, effective January 1, 2026. Kou Chong-Shan served as the Company's President (CEO). The board of directors resolved the change on December 19, 2025. A separate announcement will be made after the Board of Directors approves the appointment of the new President.New Risk • Nov 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.39 (vs NT$0.70 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.39 (down from NT$0.70 in 3Q 2024). Revenue: NT$968.8m (up 1.6% from 3Q 2024). Net income: NT$36.4m (down 48% from 3Q 2024). Profit margin: 3.8% (down from 7.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.77 (vs NT$0.96 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.77 (down from NT$0.96 in 2Q 2024). Revenue: NT$898.8m (down 7.3% from 2Q 2024). Net income: NT$72.9m (down 20% from 2Q 2024). Profit margin: 8.1% (down from 9.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.20, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total loss to shareholders of 1.9% over the past three years.Upcoming Dividend • Jun 05Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 70% and the cash payout ratio is 84%. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.8%).New Risk • Jun 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.62 (vs NT$0.80 in 1Q 2024)First quarter 2025 results: EPS: NT$0.62 (down from NT$0.80 in 1Q 2024). Revenue: NT$843.0m (down 13% from 1Q 2024). Net income: NT$58.8m (down 23% from 1Q 2024). Profit margin: 7.0% (down from 7.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.お知らせ • Apr 30Highlight Tech Corp. to Report Q1, 2025 Results on May 08, 2025Highlight Tech Corp. announced that they will report Q1, 2025 results on May 08, 2025Buy Or Sell Opportunity • Apr 10Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to NT$40.75. The fair value is estimated to be NT$33.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 12%.New Risk • Apr 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$3.01 (vs NT$3.78 in FY 2023)Full year 2024 results: EPS: NT$3.01 (down from NT$3.78 in FY 2023). Revenue: NT$3.93b (down 6.4% from FY 2023). Net income: NT$323.3m (down 9.4% from FY 2023). Profit margin: 8.2% (down from 8.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.お知らせ • Mar 05Highlight Tech Corp., Annual General Meeting, May 27, 2025Highlight Tech Corp., Annual General Meeting, May 27, 2025. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwanお知らせ • Feb 25Highlight Tech Corp. to Report Fiscal Year 2024 Results on Mar 04, 2025Highlight Tech Corp. announced that they will report fiscal year 2024 results on Mar 04, 2025お知らせ • Jan 09Highlight Tech International Corp. Announce the Change in Representative of Institutional DirectorHighlight Tech Corp. announced announce the change in representative of institutional director of Highlight Tech International Corp. Resume of the previous position holder: Wu, Ming-Tien, Name of the new position holder:Director of Highlight Tech Corp. 6.Resume of the new position holder: Wu, Sheng-Hsien. Effective date of the new appointment January 7, 2025.Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.70 (down from NT$0.86 in 3Q 2023). Revenue: NT$953.5m (down 13% from 3Q 2023). Net income: NT$69.4m (down 15% from 3Q 2023). Profit margin: 7.3% (down from 7.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.New Risk • Nov 08New 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 6.4% 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 High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).New Risk • Sep 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows.Upcoming Dividend • Sep 12Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 04 October 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 2.5%.Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$53.40, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 43% over the past three years.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 2Q 2023). Revenue: NT$969.8m (down 14% from 2Q 2023). Net income: NT$90.8m (up 12% from 2Q 2023). Profit margin: 9.4% (up from 7.2% in 2Q 2023). The increase in margin was driven by lower expenses. 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 6% per year, which means it is well ahead of earnings.お知らせ • Aug 01Highlight Tech Corp. to Report Q2, 2024 Results on Aug 09, 2024Highlight Tech Corp. announced that they will report Q2, 2024 results on Aug 09, 2024Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.74 in 1Q 2023)First quarter 2024 results: EPS: NT$0.64 (down from NT$0.74 in 1Q 2023). Revenue: NT$971.2m (down 7.5% from 1Q 2023). Net income: NT$75.9m (down 14% from 1Q 2023). Profit margin: 7.8% (down from 8.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 03Highlight Tech Corp. to Report Q1, 2024 Results on May 10, 2024Highlight Tech Corp. announced that they will report Q1, 2024 results on May 10, 2024New Risk • Mar 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 13% 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 Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.5% net profit margin).お知らせ • Mar 09Highlight Tech Corp., Annual General Meeting, Jun 07, 2024Highlight Tech Corp., Annual General Meeting, Jun 07, 2024. Location: Hilton Taipei Sinban 3F meetimg room, No.88 Minquan Rd., Banqiao District, New Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee's Review Report; to consider status of endorsement and guarantee in 2023; to consider 2023 compensation distribution for employees and directors; to consider 2023 Business Report and Financial Statements; to consider 2023 Earnings distribution; to consider Discussion of conduct capital reduction in cash; to consider Election of the Company's directors (including Independent Directors); and to consider Discussion of the release from non-competition restrictions on directors.Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$62.00, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 62% over the past three years.Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$1.02 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (down from NT$1.02 in 3Q 2022). Revenue: NT$1.10b (up 8.9% from 3Q 2022). Net income: NT$81.3m (down 32% from 3Q 2022). Profit margin: 7.4% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. 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 8% per year.New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: NT$0.68 (vs NT$1.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.68 (down from NT$1.12 in 2Q 2022). Revenue: NT$1.13b (up 7.9% from 2Q 2022). Net income: NT$80.9m (down 39% from 2Q 2022). Profit margin: 7.2% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.19 (vs NT$3.32 in FY 2021)Full year 2022 results: EPS: NT$4.19 (up from NT$3.32 in FY 2021). Revenue: NT$3.91b (up 18% from FY 2021). Net income: NT$495.0m (up 28% from FY 2021). Profit margin: 13% (up from 12% 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 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 08Upcoming dividend of NT$2.70 per share at 3.9% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.02 (vs NT$1.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.02. Revenue: NT$1.01b (up 19% from 3Q 2021). Net income: NT$120.3m (flat on 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses.Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.02 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.12 (up from NT$1.02 in 2Q 2021). Revenue: NT$1.04b (up 20% from 2Q 2021). Net income: NT$132.3m (up 11% from 2Q 2021). Profit margin: 13% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$3.32 (vs NT$2.80 in FY 2020)Full year 2021 results: EPS: NT$3.32 (up from NT$2.80 in FY 2020). Revenue: NT$3.31b (up 29% from FY 2020). Net income: NT$388.2m (up 32% from FY 2020). Profit margin: 12% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Mar 08Upcoming dividend of NT$2.20 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 15 April 2022. Payout ratio is a comfortable 58% and the cash payout ratio is 91%. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$63.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 252% over the past three years.Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$848.2m (up 33% from 3Q 2020). Net income: NT$119.6m (up 89% from 3Q 2020). Profit margin: 14% (up from 9.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.97 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$869.1m (up 29% from 2Q 2020). Net income: NT$119.3m (up 21% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$782.9m (up 30% from 1Q 2020). Net income: NT$82.5m (up 46% from 1Q 2020). Profit margin: 11% (up from 9.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.分析記事 • Apr 29Would Highlight Tech Corp. (GTSM:6208) Be Valuable To Income Investors?Is Highlight Tech Corp. ( GTSM:6208 ) a good dividend stock? How can we tell? Dividend paying companies with growing...分析記事 • Apr 06Highlight Tech (GTSM:6208) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$2.80 (vs NT$2.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.57b (up 8.2% from FY 2019). Net income: NT$294.2m (up 29% from FY 2019). Profit margin: 12% (up from 9.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.分析記事 • Mar 19Is Highlight Tech (GTSM:6208) Likely To Turn Things Around?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Upcoming Dividend • Mar 18Upcoming Dividend of NT$1.99 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 25th of March. The trailing yield of 3.9% is below the top quartile of Taiwanese dividend payers (4.9%), but it is higher than industry peers (2.2%).分析記事 • Mar 02Highlight Tech Corp.'s (GTSM:6208) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Highlight Tech's (GTSM:6208) stock increased significantly by 13% over the...お知らせ • Feb 27Highlight Tech Corp., Annual General Meeting, Jun 07, 2021Highlight Tech Corp., Annual General Meeting, Jun 07, 2021.Is New 90 Day High Low • Feb 19New 90-day high: NT$45.00The company is up 18% from its price of NT$38.05 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 16% over the same period.分析記事 • Feb 09Shareholders of Highlight Tech (GTSM:6208) Must Be Delighted With Their 361% Total ReturnThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...Is New 90 Day High Low • Feb 01New 90-day high: NT$43.00The company is up 13% from its price of NT$37.95 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.分析記事 • Jan 25Is There More To The Story Than Highlight Tech's (GTSM:6208) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...Is New 90 Day High Low • Jan 12New 90-day high: NT$39.90The company is up 4.0% from its price of NT$38.30 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 23% over the same period.分析記事 • Jan 08What To Know Before Buying Highlight Tech Corp. (GTSM:6208) For Its DividendCould Highlight Tech Corp. ( GTSM:6208 ) be an attractive dividend share to own for the long haul? Investors are often...分析記事 • Dec 23We Think Highlight Tech (GTSM:6208) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Is New 90 Day High Low • Dec 11New 90-day high: NT$39.60The company is up 13% from its price of NT$35.00 on 11 September 2020. The Taiwanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 10.0% over the same period.分析記事 • Nov 20Highlight Tech Corp.'s (GTSM:6208) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?Highlight Tech's (GTSM:6208) stock up by 7.9% over the past three months. Since the market usually pay for a company’s...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.60The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$639.6m (up 15% from 3Q 2019). Net income: NT$63.3m (up 10.0% from 3Q 2019). Profit margin: 9.9% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per 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、Highlight Tech 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:6208 - 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3/31/20263,664359321479N/A12/31/20253,754238142357N/A9/30/20253,750255-17200N/A6/30/20253,735288215363N/A3/31/20253,806306224476N/A12/31/20243,934323287534N/A9/30/20243,823343270630N/A6/30/20243,969355-18503N/A3/31/20244,126345-282206N/A12/31/20234,205357-5859N/A9/30/20234,236379-794-154N/A6/30/20234,147418-500162N/A3/31/20234,064470-475361N/A12/31/20223,908495-506504N/A9/30/20223,756433-307572N/A6/30/20223,594432-219602N/A3/31/20223,419419-38524N/A12/31/20213,308388310576N/A9/30/20213,152397254542N/A6/30/20212,943340-41215N/A3/31/20212,747320-181228N/A12/31/20202,566294-691298N/A9/30/20202,519269-502405N/A6/30/20202,436263-264649N/A3/31/20202,386225-154659N/A12/31/20192,372228N/A563N/A9/30/20192,324232N/A361N/A6/30/20192,299223N/A221N/A3/31/20192,263220N/A163N/A12/31/20182,238209N/A182N/A9/30/20182,232198N/A220N/A6/30/20182,098206N/A177N/A3/31/20181,956204N/A146N/A12/31/20171,691181N/A52N/A9/30/20171,447160N/A27N/A6/30/20171,400142N/A141N/A3/31/20171,285114N/A213N/A12/31/20161,316128N/A299N/A9/30/20161,327109N/A337N/A6/30/20161,30595N/A281N/A3/31/20161,29781N/A278N/A12/31/20151,27881N/A296N/A9/30/20151,327105N/A325N/A6/30/20151,360121N/A300N/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: 6208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: 6208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: 6208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: 6208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: 6208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: 6208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 10:09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Highlight Tech Corp. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Valuation Update With 7 Day Price Move • May 15Investor sentiment improves as stock rises 38%After last week's 38% share price gain to NT$99.80, the stock trades at a trailing P/E ratio of 26.2x. Average trailing P/E is 28x in the Machinery industry in Taiwan. Total returns to shareholders of 61% over the past three years.
Reported Earnings • May 11First quarter 2026 earnings released: EPS: NT$1.00 (vs NT$0.62 in 1Q 2025)First quarter 2026 results: EPS: NT$1.00 (up from NT$0.62 in 1Q 2025). Revenue: NT$752.8m (down 11% from 1Q 2025). Net income: NT$179.7m (up 206% from 1Q 2025). Profit margin: 24% (up from 7.0% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Declared Dividend • Apr 27Dividend of NT$2.00 announcedShareholders will receive a dividend of NT$2.00. Ex-date: 25th June 2026 Payment date: 20th July 2026 Dividend yield will be 2.4%, which is lower than the industry average of 3.0%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but not covered by cash flows (133% cash payout ratio). The dividend has increased by an average of 21% 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 6.3% EPS decline seen over the last 5 years.
Valuation Update With 7 Day Price Move • Apr 21Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$75.00, the stock trades at a trailing P/E ratio of 29.7x. Average trailing P/E is 30x in the Machinery industry in Taiwan. Total returns to shareholders of 21% over the past three years.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$57.60, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 25x in the Machinery industry in Taiwan. Total loss to shareholders of 10.0% over the past three years.
New Risk • Mar 16New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Earnings have declined by 5.6% per year over the past 5 years. Minor Risk Dividend is not well covered by cash flows (133% cash payout ratio).
Reported Earnings • Mar 14Full year 2025 earnings released: EPS: NT$2.52 (vs NT$3.01 in FY 2024)Full year 2025 results: EPS: NT$2.52 (down from NT$3.01 in FY 2024). Revenue: NT$3.75b (down 4.6% from FY 2024). Net income: NT$238.2m (down 26% from FY 2024). Profit margin: 6.3% (down from 8.2% in FY 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 11Highlight Tech Corp., Annual General Meeting, May 26, 2026Highlight Tech Corp., Annual General Meeting, May 26, 2026, at 09:00 Taipei Standard Time. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwan
お知らせ • Dec 20Highlight Tech Corp. Announces Retirement of Kou Chong-Shan as President, Effective January 1, 2026Highlight Tech Corp. announced that the president of the company, Kou Chong-Shan, has retired, effective January 1, 2026. Kou Chong-Shan served as the Company's President (CEO). The board of directors resolved the change on December 19, 2025. A separate announcement will be made after the Board of Directors approves the appointment of the new President.
New Risk • Nov 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.7% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.7% operating cash flow to total debt). Earnings have declined by 2.3% per year over the past 5 years. Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.39 (vs NT$0.70 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.39 (down from NT$0.70 in 3Q 2024). Revenue: NT$968.8m (up 1.6% from 3Q 2024). Net income: NT$36.4m (down 48% from 3Q 2024). Profit margin: 3.8% (down from 7.3% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
New Risk • Aug 19New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 13% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (13% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: NT$0.77 (vs NT$0.96 in 2Q 2024)Second quarter 2025 results: EPS: NT$0.77 (down from NT$0.96 in 2Q 2024). Revenue: NT$898.8m (down 7.3% from 2Q 2024). Net income: NT$72.9m (down 20% from 2Q 2024). Profit margin: 8.1% (down from 9.4% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Aug 11Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$53.20, the stock trades at a trailing P/E ratio of 16.4x. Average trailing P/E is 20x in the Machinery industry in Taiwan. Total loss to shareholders of 1.9% over the past three years.
Upcoming Dividend • Jun 05Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 12 June 2025. Payment date: 11 July 2025. Payout ratio is a comfortable 70% and the cash payout ratio is 84%. Trailing yield: 4.3%. Lower than top quartile of Taiwanese dividend payers (5.2%). Higher than average of industry peers (2.8%).
New Risk • Jun 04New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 17% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (17% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.62 (vs NT$0.80 in 1Q 2024)First quarter 2025 results: EPS: NT$0.62 (down from NT$0.80 in 1Q 2024). Revenue: NT$843.0m (down 13% from 1Q 2024). Net income: NT$58.8m (down 23% from 1Q 2024). Profit margin: 7.0% (down from 7.8% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 30Highlight Tech Corp. to Report Q1, 2025 Results on May 08, 2025Highlight Tech Corp. announced that they will report Q1, 2025 results on May 08, 2025
Buy Or Sell Opportunity • Apr 10Now 22% overvaluedOver the last 90 days, the stock has fallen 18% to NT$40.75. The fair value is estimated to be NT$33.29, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 5.2% over the last 3 years. Earnings per share has declined by 12%.
New Risk • Apr 01New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 19% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (19% operating cash flow to total debt). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$3.01 (vs NT$3.78 in FY 2023)Full year 2024 results: EPS: NT$3.01 (down from NT$3.78 in FY 2023). Revenue: NT$3.93b (down 6.4% from FY 2023). Net income: NT$323.3m (down 9.4% from FY 2023). Profit margin: 8.2% (down from 8.5% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 12% per year whereas the company’s share price has fallen by 14% per year.
お知らせ • Mar 05Highlight Tech Corp., Annual General Meeting, May 27, 2025Highlight Tech Corp., Annual General Meeting, May 27, 2025. Location: 3 floor no,88, min ch`uan rd., banciao district, new taipei city Taiwan
お知らせ • Feb 25Highlight Tech Corp. to Report Fiscal Year 2024 Results on Mar 04, 2025Highlight Tech Corp. announced that they will report fiscal year 2024 results on Mar 04, 2025
お知らせ • Jan 09Highlight Tech International Corp. Announce the Change in Representative of Institutional DirectorHighlight Tech Corp. announced announce the change in representative of institutional director of Highlight Tech International Corp. Resume of the previous position holder: Wu, Ming-Tien, Name of the new position holder:Director of Highlight Tech Corp. 6.Resume of the new position holder: Wu, Sheng-Hsien. Effective date of the new appointment January 7, 2025.
Reported Earnings • Nov 18Third quarter 2024 earnings released: EPS: NT$0.70 (vs NT$0.86 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.70 (down from NT$0.86 in 3Q 2023). Revenue: NT$953.5m (down 13% from 3Q 2023). Net income: NT$69.4m (down 15% from 3Q 2023). Profit margin: 7.3% (down from 7.4% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 4% per year.
New Risk • Nov 08New 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 6.4% 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 High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.4% average weekly change).
New Risk • Sep 24New minor risk - Dividend sustainabilityThe dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 7.4% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks High level of debt (43% net debt to equity). Paying a dividend despite having no free cash flows.
Upcoming Dividend • Sep 12Upcoming dividend of NT$2.00 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 04 October 2024. The company last paid an ordinary dividend in March 2014. The average dividend yield among industry peers is 2.5%.
Valuation Update With 7 Day Price Move • Aug 21Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$53.40, the stock trades at a trailing P/E ratio of 17.8x. Average trailing P/E is 19x in the Machinery industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.69 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.77 (up from NT$0.69 in 2Q 2023). Revenue: NT$969.8m (down 14% from 2Q 2023). Net income: NT$90.8m (up 12% from 2Q 2023). Profit margin: 9.4% (up from 7.2% in 2Q 2023). The increase in margin was driven by lower expenses. 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 6% per year, which means it is well ahead of earnings.
お知らせ • Aug 01Highlight Tech Corp. to Report Q2, 2024 Results on Aug 09, 2024Highlight Tech Corp. announced that they will report Q2, 2024 results on Aug 09, 2024
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.64 (vs NT$0.74 in 1Q 2023)First quarter 2024 results: EPS: NT$0.64 (down from NT$0.74 in 1Q 2023). Revenue: NT$971.2m (down 7.5% from 1Q 2023). Net income: NT$75.9m (down 14% from 1Q 2023). Profit margin: 7.8% (down from 8.4% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 03Highlight Tech Corp. to Report Q1, 2024 Results on May 10, 2024Highlight Tech Corp. announced that they will report Q1, 2024 results on May 10, 2024
New Risk • Mar 20New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 13% 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 Debt is not well covered by operating cash flow (0.4% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (8.5% net profit margin).
お知らせ • Mar 09Highlight Tech Corp., Annual General Meeting, Jun 07, 2024Highlight Tech Corp., Annual General Meeting, Jun 07, 2024. Location: Hilton Taipei Sinban 3F meetimg room, No.88 Minquan Rd., Banqiao District, New Taipei City Taiwan Agenda: To consider 2023 Business Report; to consider 2023 Audit Committee's Review Report; to consider status of endorsement and guarantee in 2023; to consider 2023 compensation distribution for employees and directors; to consider 2023 Business Report and Financial Statements; to consider 2023 Earnings distribution; to consider Discussion of conduct capital reduction in cash; to consider Election of the Company's directors (including Independent Directors); and to consider Discussion of the release from non-competition restrictions on directors.
Valuation Update With 7 Day Price Move • Feb 29Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$62.00, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 21x in the Machinery industry in Taiwan. Total returns to shareholders of 62% over the past three years.
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$1.02 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (down from NT$1.02 in 3Q 2022). Revenue: NT$1.10b (up 8.9% from 3Q 2022). Net income: NT$81.3m (down 32% from 3Q 2022). Profit margin: 7.4% (down from 12% in 3Q 2022). The decrease in margin was driven by higher expenses. 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 8% per year.
New Risk • Aug 14New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (6.5% operating cash flow to total debt). High level of non-cash earnings (21% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Reported Earnings • Aug 14Second quarter 2023 earnings released: EPS: NT$0.68 (vs NT$1.12 in 2Q 2022)Second quarter 2023 results: EPS: NT$0.68 (down from NT$1.12 in 2Q 2022). Revenue: NT$1.13b (up 7.9% from 2Q 2022). Net income: NT$80.9m (down 39% from 2Q 2022). Profit margin: 7.2% (down from 13% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Mar 29Full year 2022 earnings released: EPS: NT$4.19 (vs NT$3.32 in FY 2021)Full year 2022 results: EPS: NT$4.19 (up from NT$3.32 in FY 2021). Revenue: NT$3.91b (up 18% from FY 2021). Net income: NT$495.0m (up 28% from FY 2021). Profit margin: 13% (up from 12% 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 19% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 08Upcoming dividend of NT$2.70 per share at 3.9% yieldEligible shareholders must have bought the stock before 15 March 2023. Payment date: 14 April 2023. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 3.9%. Lower than top quartile of Taiwanese dividend payers (6.0%). Higher than average of industry peers (3.0%).
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: NT$1.02 (vs NT$1.02 in 3Q 2021)Third quarter 2022 results: EPS: NT$1.02. Revenue: NT$1.01b (up 19% from 3Q 2021). Net income: NT$120.3m (flat on 3Q 2021). Profit margin: 12% (down from 14% in 3Q 2021). The decrease in margin was driven by higher expenses.
Reported Earnings • Aug 15Second quarter 2022 earnings released: EPS: NT$1.12 (vs NT$1.02 in 2Q 2021)Second quarter 2022 results: EPS: NT$1.12 (up from NT$1.02 in 2Q 2021). Revenue: NT$1.04b (up 20% from 2Q 2021). Net income: NT$132.3m (up 11% from 2Q 2021). Profit margin: 13% (down from 14% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 28Full year 2021 earnings released: EPS: NT$3.32 (vs NT$2.80 in FY 2020)Full year 2021 results: EPS: NT$3.32 (up from NT$2.80 in FY 2020). Revenue: NT$3.31b (up 29% from FY 2020). Net income: NT$388.2m (up 32% from FY 2020). Profit margin: 12% (in line with FY 2020). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Mar 08Upcoming dividend of NT$2.20 per shareEligible shareholders must have bought the stock before 15 March 2022. Payment date: 15 April 2022. Payout ratio is a comfortable 58% and the cash payout ratio is 91%. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). Higher than average of industry peers (2.9%).
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 21% share price gain to NT$63.40, the stock trades at a trailing P/E ratio of 18.7x. Average trailing P/E is 16x in the Machinery industry in Taiwan. Total returns to shareholders of 252% over the past three years.
Reported Earnings • Nov 15Third quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.60 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$848.2m (up 33% from 3Q 2020). Net income: NT$119.6m (up 89% from 3Q 2020). Profit margin: 14% (up from 9.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 33% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Aug 12Second quarter 2021 earnings released: EPS NT$1.02 (vs NT$0.97 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$869.1m (up 29% from 2Q 2020). Net income: NT$119.3m (up 21% from 2Q 2020). Profit margin: 14% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
Reported Earnings • May 15First quarter 2021 earnings released: EPS NT$0.71 (vs NT$0.57 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: NT$782.9m (up 30% from 1Q 2020). Net income: NT$82.5m (up 46% from 1Q 2020). Profit margin: 11% (up from 9.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 13% per year.
分析記事 • Apr 29Would Highlight Tech Corp. (GTSM:6208) Be Valuable To Income Investors?Is Highlight Tech Corp. ( GTSM:6208 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
分析記事 • Apr 06Highlight Tech (GTSM:6208) Has A Somewhat Strained Balance SheetLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Mar 26Full year 2020 earnings released: EPS NT$2.80 (vs NT$2.30 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.57b (up 8.2% from FY 2019). Net income: NT$294.2m (up 29% from FY 2019). Profit margin: 12% (up from 9.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year and the company’s share price has also increased by 12% per year.
分析記事 • Mar 19Is Highlight Tech (GTSM:6208) Likely To Turn Things Around?If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Upcoming Dividend • Mar 18Upcoming Dividend of NT$1.99 Per ShareWill be paid on the 20th of April to those who are registered shareholders by the 25th of March. The trailing yield of 3.9% is below the top quartile of Taiwanese dividend payers (4.9%), but it is higher than industry peers (2.2%).
分析記事 • Mar 02Highlight Tech Corp.'s (GTSM:6208) Stock Is Going Strong: Is the Market Following Fundamentals?Most readers would already be aware that Highlight Tech's (GTSM:6208) stock increased significantly by 13% over the...
お知らせ • Feb 27Highlight Tech Corp., Annual General Meeting, Jun 07, 2021Highlight Tech Corp., Annual General Meeting, Jun 07, 2021.
Is New 90 Day High Low • Feb 19New 90-day high: NT$45.00The company is up 18% from its price of NT$38.05 on 20 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Machinery industry, which is up 16% over the same period.
分析記事 • Feb 09Shareholders of Highlight Tech (GTSM:6208) Must Be Delighted With Their 361% Total ReturnThe most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on a lighter note, a...
Is New 90 Day High Low • Feb 01New 90-day high: NT$43.00The company is up 13% from its price of NT$37.95 on 04 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 18% over the same period.
分析記事 • Jan 25Is There More To The Story Than Highlight Tech's (GTSM:6208) Earnings Growth?Many investors consider it preferable to invest in profitable companies over unprofitable ones, because profitability...
Is New 90 Day High Low • Jan 12New 90-day high: NT$39.90The company is up 4.0% from its price of NT$38.30 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 23% over the same period.
分析記事 • Jan 08What To Know Before Buying Highlight Tech Corp. (GTSM:6208) For Its DividendCould Highlight Tech Corp. ( GTSM:6208 ) be an attractive dividend share to own for the long haul? Investors are often...
分析記事 • Dec 23We Think Highlight Tech (GTSM:6208) Is Taking Some Risk With Its DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Is New 90 Day High Low • Dec 11New 90-day high: NT$39.60The company is up 13% from its price of NT$35.00 on 11 September 2020. The Taiwanese market is also up 13% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Machinery industry, which is up 10.0% over the same period.
分析記事 • Nov 20Highlight Tech Corp.'s (GTSM:6208) Recent Stock Performance Looks Decent- Can Strong Fundamentals Be the Reason?Highlight Tech's (GTSM:6208) stock up by 7.9% over the past three months. Since the market usually pay for a company’s...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.60The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$639.6m (up 15% from 3Q 2019). Net income: NT$63.3m (up 10.0% from 3Q 2019). Profit margin: 9.9% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.