Bestec Power Electronics（3308）株式概要Bestec Power Electronics Co., Ltd.は、スイッチング電源製品の設計、製造、マーケティング、販売を世界中で行っています。 詳細3308 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績1/6財務の健全性3/6配当金0/6リスク分析高いレベルの非現金収入 収益が 100 万ドル未満 ( NT$8M )利益率(89.8%)は昨年より低い 意味のある時価総額がありません ( NT$1B )すべてのリスクチェックを見る3308 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueNT$Current PriceNT$20.35766.0% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-167m1b2016201920222025202620282031Revenue NT$1.5mEarnings NT$1.4mAdvancedSet Fair ValueView all narrativesBestec Power Electronics Co., Ltd. 競合他社Falcon PowerSymbol: TWSE:1516Market cap: NT$824.2mHsinjing HoldingSymbol: TPEX:3713Market cap: NT$1.4bHengs TechnologySymbol: TWSE:4582Market cap: NT$1.7bAdvanced Lithium Electrochemistry (Cayman)Symbol: TPEX:5227Market cap: NT$1.8b価格と性能株価の高値、安値、推移の概要Bestec Power Electronics過去の株価現在の株価NT$20.3552週高値NT$27.5052週安値NT$14.30ベータ0.291ヶ月の変化-2.16%3ヶ月変化-11.90%1年変化10.00%3年間の変化-62.85%5年間の変化18.78%IPOからの変化-61.86%最新ニュースReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.014 (vs NT$0.58 in 1Q 2025)First quarter 2026 results: EPS: NT$0.014 (down from NT$0.58 in 1Q 2025). Revenue: NT$1.57m (down 4.2% from 1Q 2025). Net income: NT$854.0k (down 98% from 1Q 2025). Profit margin: 55% (down from 2,124% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$0.99 in FY 2024). Net income: NT$40.9m (down 32% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$25.70, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 50% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$24.45, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.75, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 72% over the past three years.最新情報をもっと見るRecent updatesReported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.014 (vs NT$0.58 in 1Q 2025)First quarter 2026 results: EPS: NT$0.014 (down from NT$0.58 in 1Q 2025). Revenue: NT$1.57m (down 4.2% from 1Q 2025). Net income: NT$854.0k (down 98% from 1Q 2025). Profit margin: 55% (down from 2,124% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$0.99 in FY 2024). Net income: NT$40.9m (down 32% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • Mar 12Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city TaiwanValuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$25.70, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 50% over the past three years.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$24.45, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.75, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 72% over the past three years.New Risk • Jan 06New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (NT$6.6m revenue, or US$208k). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.30b market cap, or US$41.1m).Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$18.30, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 14% over the past three years.Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.62 (vs NT$0.54 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.62 (up from NT$0.54 in 3Q 2024). Net income: NT$37.1m (up 14% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% 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.New Risk • Aug 15New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: NT$5.9m (US$196k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (NT$5.9m revenue, or US$196k). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.10b market cap, or US$36.4m).Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.97 loss per share (vs NT$0.05 profit in 2Q 2024)Second quarter 2025 results: NT$0.97 loss per share (down from NT$0.05 profit in 2Q 2024). Net loss: NT$58.2m (down NT$61.2m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.58 (up from NT$0.13 in 1Q 2024). Net income: NT$34.7m (up 342% from 1Q 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.お知らせ • May 03Bestec Power Electronics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Bestec Power Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$16.15, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.分析記事 • Mar 22Bestec Power Electronics' (TWSE:3308) Earnings Quality Is LowBestec Power Electronics Co., Ltd.'s ( TWSE:3308 ) stock wasn't much affected by its recent lackluster earnings...Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.99 (vs NT$7.39 in FY 2023)Full year 2024 results: EPS: NT$0.99 (down from NT$7.39 in FY 2023). Revenue: NT$67.8m (down 87% from FY 2023). Net income: NT$59.7m (down 87% from FY 2023). Profit margin: 88% (up from 82% in FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 14Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 27, 2025Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 27, 2025. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city Taiwanお知らせ • Mar 06Bestec Power Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Bestec Power Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025New Risk • Feb 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (NT$121m revenue, or US$3.7m). Market cap is less than US$100m (NT$1.35b market cap, or US$41.3m).New Risk • Nov 25New 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Revenue is less than US$5m (NT$121m revenue, or US$3.7m). Market cap is less than US$100m (NT$1.57b market cap, or US$48.2m).Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.54 (vs NT$0.81 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.54 (down from NT$0.81 in 3Q 2023). Net income: NT$32.6m (down 33% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 07Bestec Power Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.05 (vs NT$1.01 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.05 (down from NT$1.01 in 2Q 2023). Revenue: NT$34.0m (down 81% from 2Q 2023). Net income: NT$2.98m (down 95% from 2Q 2023). Profit margin: 8.8% (down from 34% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.分析記事 • Aug 09Health Check: How Prudently Does Bestec Power Electronics (TWSE:3308) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...お知らせ • Aug 03Bestec Power Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.35, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 123% over the past three years.Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$6.66 in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (down from NT$6.66 in 1Q 2023). Revenue: NT$31.1m (down 81% from 1Q 2023). Net income: NT$7.85m (down 98% from 1Q 2023). Profit margin: 25% (down from 249% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.お知らせ • May 09Bestec Power Electronics Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 15, 2024New Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (42% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.42b market cap, or US$44.1m).分析記事 • Apr 03Bestec Power Electronics Co., Ltd. (TWSE:3308) Stocks Pounded By 33% But Not Lagging Industry On Growth Or PricingThe Bestec Power Electronics Co., Ltd. ( TWSE:3308 ) share price has fared very poorly over the last month, falling by...分析記事 • Mar 22Bestec Power Electronics' (TWSE:3308) Earnings Aren't As Good As They AppearStrong earnings weren't enough to please Bestec Power Electronics Co., Ltd.'s ( TWSE:3308 ) shareholders over the last...Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$32.96, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 21x in the Electrical industry in Taiwan. Total returns to shareholders of 155% over the past three years.Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$6.32 (vs NT$0.76 in FY 2022)Full year 2023 results: EPS: NT$6.32 (up from NT$0.76 in FY 2022). Revenue: NT$538.7m (up 32% from FY 2022). Net income: NT$443.3m (up NT$390.0m from FY 2022). Profit margin: 82% (up from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 16Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 28, 2024Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 28, 2024. Location: 1st Floor, No. 69, Keji 1st Road, Huaya Science and Technology Park, Guishan District, Taoyuan City. Taoyuan City Taiwan Agenda: To discuss 2023 annual business report; to discuss 2023 Audit Committee Review Report; to discuss 2023 remuneration distribution report for directors, supervisors and employees; and to discuss other matters.Upcoming Dividend • Mar 14Inaugural dividend of NT$1.44 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 10 April 2024. This is the first dividend for Bestec Power Electronics since going public. The average dividend yield among industry peers is 2.5%.分析記事 • Mar 07Bestec Power Electronics' (TWSE:3308) Returns On Capital Are Heading HigherIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.15, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 333% over the past three years.New Risk • Dec 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 189% 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 Share price has been highly volatile over the past 3 months (8.0% average weekly change). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.62b market cap, or US$84.4m). Market cap is less than US$100m (NT$2.62b market cap, or US$84.4m).Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.24 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.24 in 3Q 2022). Revenue: NT$143.9m (up 130% from 3Q 2022). Net income: NT$48.8m (up 191% from 3Q 2022). Profit margin: 34% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 259% over the past three years.New Risk • Oct 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$97.2m).Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$44.15, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 364% over the past three years.Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$53.80, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 519% over the past three years.Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.86 (vs NT$0.008 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.86 (up from NT$0.008 loss in 2Q 2022). Revenue: NT$179.7m (up 206% from 2Q 2022). Net income: NT$60.8m (up NT$61.4m from 2Q 2022). Profit margin: 34% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$44.95, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 438% over the past three years.Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$40.00, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 418% over the past three years.Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$33.50, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 394% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$22.55, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 210% over the past three years.Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.24 (vs NT$0.055 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.24 (up from NT$0.055 loss in 3Q 2021). Revenue: NT$62.7m (down 44% from 3Q 2021). Net income: NT$16.8m (up NT$20.7m from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2022 earnings released: NT$0.008 loss per share (vs NT$0.42 loss in 2Q 2021)Second quarter 2022 results: NT$0.008 loss per share (up from NT$0.42 loss in 2Q 2021). Revenue: NT$58.7m (down 38% from 2Q 2021). Net loss: NT$571.0k (loss narrowed 98% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 16First quarter 2022 earnings released: NT$0.18 loss per share (vs NT$0.051 profit in 1Q 2021)First quarter 2022 results: NT$0.18 loss per share (down from NT$0.051 profit in 1Q 2021). Revenue: NT$63.4m (down 1.1% from 1Q 2021). Net loss: NT$13.0m (down 462% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 01Full year 2021 earnings released: NT$0.37 loss per share (vs NT$1.24 loss in FY 2020)Full year 2021 results: NT$0.37 loss per share (up from NT$1.24 loss in FY 2020). Revenue: NT$378.3m (up 15% from FY 2020). Net loss: NT$26.4m (loss narrowed 70% from FY 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.25 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: NT$111.5m (up 8.5% from 3Q 2020). Net loss: NT$3.88m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.003 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$95.1m (up 1.3% from 2Q 2020). Net loss: NT$29.7m (loss widened NT$29.4m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.24 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$64.1m (up 3.2% from 1Q 2020). Net income: NT$3.60m (up NT$27.7m from 1Q 2020). Profit margin: 5.6% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 27Full year 2020 earnings released: NT$0.89 loss per share (vs NT$0.95 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: NT$329.9m (down 45% from FY 2019). Net loss: NT$87.3m (loss narrowed 6.5% from FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.分析記事 • Mar 01Estimating The Intrinsic Value Of Bestec Power Electronics Co., Ltd. (TPE:3308)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Bestec Power...Is New 90 Day High Low • Feb 01New 90-day low: NT$6.45The company is down 2.0% from its price of NT$6.60 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.分析記事 • Jan 07Bestec Power Electronics (TPE:3308) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.25 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$102.8m (down 41% from 3Q 2019). Net loss: NT$24.6m (loss widened 114% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.株主還元3308TW ElectricalTW 市場7D-6.7%-1.1%-2.0%1Y10.0%42.2%99.7%株主還元を見る業界別リターン: 3308過去 1 年間で42.2 % の収益を上げたTW Electrical業界を下回りました。リターン対市場: 3308は、過去 1 年間で99.7 % のリターンを上げたTW市場を下回りました。価格変動Is 3308's price volatile compared to industry and market?3308 volatility3308 Average Weekly Movement6.9%Electrical Industry Average Movement6.9%Market Average Movement6.3%10% most volatile stocks in TW Market12.1%10% least volatile stocks in TW Market2.6%安定した株価: 3308 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 3308の 週次ボラティリティ ( 7% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1988n/aRuiling Dengwww.bestec.com.twベステックパワーエレクトロニクス株式会社は、スイッチング電源製品の設計、製造、マーケティング、販売を世界中で行っています。同社は充電器、アダプター、無停電電源システムを提供している。Bestec Power Electronics Co., Ltd.は1988年に設立され、台湾桃園市に本社を置く。もっと見るBestec Power Electronics Co., Ltd. 基礎のまとめBestec Power Electronics の収益と売上を時価総額と比較するとどうか。3308 基礎統計学時価総額NT$1.26b収益（TTM）NT$7.02m売上高(TTM)NT$7.82m173.9xPER（株価収益率156.2xP/Sレシオ3308 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計3308 損益計算書（TTM）収益NT$7.82m売上原価NT$4.17m売上総利益NT$3.65mその他の費用-NT$3.37m収益NT$7.02m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.12グロス・マージン46.67%純利益率89.82%有利子負債／自己資本比率84.5%3308 の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/10 10:35終値2026/06/10 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Bestec Power Electronics Co., Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.014 (vs NT$0.58 in 1Q 2025)First quarter 2026 results: EPS: NT$0.014 (down from NT$0.58 in 1Q 2025). Revenue: NT$1.57m (down 4.2% from 1Q 2025). Net income: NT$854.0k (down 98% from 1Q 2025). Profit margin: 55% (down from 2,124% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$0.99 in FY 2024). Net income: NT$40.9m (down 32% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$25.70, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$24.45, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.75, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 72% over the past three years.
Reported Earnings • May 15First quarter 2026 earnings released: EPS: NT$0.014 (vs NT$0.58 in 1Q 2025)First quarter 2026 results: EPS: NT$0.014 (down from NT$0.58 in 1Q 2025). Revenue: NT$1.57m (down 4.2% from 1Q 2025). Net income: NT$854.0k (down 98% from 1Q 2025). Profit margin: 55% (down from 2,124% in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 12Full year 2025 earnings released: EPS: NT$0.68 (vs NT$0.99 in FY 2024)Full year 2025 results: EPS: NT$0.68 (down from NT$0.99 in FY 2024). Net income: NT$40.9m (down 32% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 12Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 25, 2026. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city Taiwan
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$25.70, the stock trades at a trailing P/E ratio of 51.6x. Average trailing P/E is 26x in the Electrical industry in Taiwan. Total returns to shareholders of 50% over the past three years.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$24.45, the stock trades at a trailing P/E ratio of 49.1x. Average trailing P/E is 24x in the Electrical industry in Taiwan. Total returns to shareholders of 43% over the past three years.
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$26.75, the stock trades at a trailing P/E ratio of 53.7x. Average trailing P/E is 25x in the Electrical industry in Taiwan. Total returns to shareholders of 72% over the past three years.
New Risk • Jan 06New 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 6.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (NT$6.6m revenue, or US$208k). Minor Risks Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.30b market cap, or US$41.1m).
Valuation Update With 7 Day Price Move • Dec 30Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$18.30, the stock trades at a trailing P/E ratio of 36.7x. Average trailing P/E is 22x in the Electrical industry in Taiwan. Total returns to shareholders of 14% over the past three years.
Reported Earnings • Nov 14Third quarter 2025 earnings released: EPS: NT$0.62 (vs NT$0.54 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.62 (up from NT$0.54 in 3Q 2024). Net income: NT$37.1m (up 14% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 55% 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.
New Risk • Aug 15New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: NT$5.9m (US$196k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Revenue is less than US$1m (NT$5.9m revenue, or US$196k). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$1.10b market cap, or US$36.4m).
Reported Earnings • Aug 15Second quarter 2025 earnings released: NT$0.97 loss per share (vs NT$0.05 profit in 2Q 2024)Second quarter 2025 results: NT$0.97 loss per share (down from NT$0.05 profit in 2Q 2024). Net loss: NT$58.2m (down NT$61.2m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • May 15First quarter 2025 earnings released: EPS: NT$0.58 (vs NT$0.13 in 1Q 2024)First quarter 2025 results: EPS: NT$0.58 (up from NT$0.13 in 1Q 2024). Net income: NT$34.7m (up 342% from 1Q 2024). Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 2% per year.
お知らせ • May 03Bestec Power Electronics Co., Ltd. to Report Q1, 2025 Results on May 12, 2025Bestec Power Electronics Co., Ltd. announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$16.15, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 3.6% over the past three years.
分析記事 • Mar 22Bestec Power Electronics' (TWSE:3308) Earnings Quality Is LowBestec Power Electronics Co., Ltd.'s ( TWSE:3308 ) stock wasn't much affected by its recent lackluster earnings...
Reported Earnings • Mar 19Full year 2024 earnings released: EPS: NT$0.99 (vs NT$7.39 in FY 2023)Full year 2024 results: EPS: NT$0.99 (down from NT$7.39 in FY 2023). Revenue: NT$67.8m (down 87% from FY 2023). Net income: NT$59.7m (down 87% from FY 2023). Profit margin: 88% (up from 82% in FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 14Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 27, 2025Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 27, 2025. Location: 1 floor no,69, k`o chi 1st rd., gueishan district, taoyuan city Taiwan
お知らせ • Mar 06Bestec Power Electronics Co., Ltd. to Report Fiscal Year 2024 Results on Mar 13, 2025Bestec Power Electronics Co., Ltd. announced that they will report fiscal year 2024 results on Mar 13, 2025
New Risk • Feb 14New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 17% 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 Shareholders have been diluted in the past year (17% increase in shares outstanding). Revenue is less than US$5m (NT$121m revenue, or US$3.7m). Market cap is less than US$100m (NT$1.35b market cap, or US$41.3m).
New Risk • Nov 25New 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 Share price has been volatile over the past 3 months (6.4% average weekly change). Revenue is less than US$5m (NT$121m revenue, or US$3.7m). Market cap is less than US$100m (NT$1.57b market cap, or US$48.2m).
Reported Earnings • Nov 19Third quarter 2024 earnings released: EPS: NT$0.54 (vs NT$0.81 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.54 (down from NT$0.81 in 3Q 2023). Net income: NT$32.6m (down 33% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 07Bestec Power Electronics Co., Ltd. to Report Q3, 2024 Results on Nov 13, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q3, 2024 results on Nov 13, 2024
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: NT$0.05 (vs NT$1.01 in 2Q 2023)Second quarter 2024 results: EPS: NT$0.05 (down from NT$1.01 in 2Q 2023). Revenue: NT$34.0m (down 81% from 2Q 2023). Net income: NT$2.98m (down 95% from 2Q 2023). Profit margin: 8.8% (down from 34% in 2Q 2023). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has only increased by 28% per year, which means it is significantly lagging earnings growth.
分析記事 • Aug 09Health Check: How Prudently Does Bestec Power Electronics (TWSE:3308) Use Debt?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
お知らせ • Aug 03Bestec Power Electronics Co., Ltd. to Report Q2, 2024 Results on Aug 12, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q2, 2024 results on Aug 12, 2024
Valuation Update With 7 Day Price Move • May 30Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$30.35, the stock trades at a trailing P/E ratio of 30.3x. Average trailing P/E is 29x in the Electrical industry in Taiwan. Total returns to shareholders of 123% over the past three years.
Reported Earnings • May 19First quarter 2024 earnings released: EPS: NT$0.13 (vs NT$6.66 in 1Q 2023)First quarter 2024 results: EPS: NT$0.13 (down from NT$6.66 in 1Q 2023). Revenue: NT$31.1m (down 81% from 1Q 2023). Net income: NT$7.85m (down 98% from 1Q 2023). Profit margin: 25% (down from 249% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
お知らせ • May 09Bestec Power Electronics Co., Ltd. to Report Q1, 2024 Results on May 15, 2024Bestec Power Electronics Co., Ltd. announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 15, 2024
New Risk • Apr 12New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.2% average weekly change). High level of non-cash earnings (42% accrual ratio). Minor Risk Market cap is less than US$100m (NT$1.42b market cap, or US$44.1m).
分析記事 • Apr 03Bestec Power Electronics Co., Ltd. (TWSE:3308) Stocks Pounded By 33% But Not Lagging Industry On Growth Or PricingThe Bestec Power Electronics Co., Ltd. ( TWSE:3308 ) share price has fared very poorly over the last month, falling by...
分析記事 • Mar 22Bestec Power Electronics' (TWSE:3308) Earnings Aren't As Good As They AppearStrong earnings weren't enough to please Bestec Power Electronics Co., Ltd.'s ( TWSE:3308 ) shareholders over the last...
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to NT$32.96, the stock trades at a trailing P/E ratio of 3.8x. Average trailing P/E is 21x in the Electrical industry in Taiwan. Total returns to shareholders of 155% over the past three years.
Reported Earnings • Mar 18Full year 2023 earnings released: EPS: NT$6.32 (vs NT$0.76 in FY 2022)Full year 2023 results: EPS: NT$6.32 (up from NT$0.76 in FY 2022). Revenue: NT$538.7m (up 32% from FY 2022). Net income: NT$443.3m (up NT$390.0m from FY 2022). Profit margin: 82% (up from 13% in FY 2022). Over the last 3 years on average, earnings per share has increased by 124% per year but the company’s share price has only increased by 40% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 16Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 28, 2024Bestec Power Electronics Co., Ltd., Annual General Meeting, Jun 28, 2024. Location: 1st Floor, No. 69, Keji 1st Road, Huaya Science and Technology Park, Guishan District, Taoyuan City. Taoyuan City Taiwan Agenda: To discuss 2023 annual business report; to discuss 2023 Audit Committee Review Report; to discuss 2023 remuneration distribution report for directors, supervisors and employees; and to discuss other matters.
Upcoming Dividend • Mar 14Inaugural dividend of NT$1.44 per shareEligible shareholders must have bought the stock before 21 March 2024. Payment date: 10 April 2024. This is the first dividend for Bestec Power Electronics since going public. The average dividend yield among industry peers is 2.5%.
分析記事 • Mar 07Bestec Power Electronics' (TWSE:3308) Returns On Capital Are Heading HigherIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Feb 01Investor sentiment improves as stock rises 18%After last week's 18% share price gain to NT$39.15, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Electrical industry in Taiwan. Total returns to shareholders of 333% over the past three years.
New Risk • Dec 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 189% 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 Share price has been highly volatile over the past 3 months (8.0% average weekly change). Share price has been highly volatile over the past 3 months (8.0% average weekly change). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (NT$2.62b market cap, or US$84.4m). Market cap is less than US$100m (NT$2.62b market cap, or US$84.4m).
Reported Earnings • Nov 15Third quarter 2023 earnings released: EPS: NT$0.69 (vs NT$0.24 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.69 (up from NT$0.24 in 3Q 2022). Revenue: NT$143.9m (up 130% from 3Q 2022). Net income: NT$48.8m (up 191% from 3Q 2022). Profit margin: 34% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 133% per year but the company’s share price has only increased by 57% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Nov 10Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$34.45, the stock trades at a trailing P/E ratio of 4.6x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 259% over the past three years.
New Risk • Oct 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: NT$3.12b (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (NT$3.12b market cap, or US$97.2m).
Valuation Update With 7 Day Price Move • Oct 12Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to NT$44.15, the stock trades at a trailing P/E ratio of 5.9x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 364% over the past three years.
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$53.80, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 519% over the past three years.
Reported Earnings • Aug 17Second quarter 2023 earnings released: EPS: NT$0.86 (vs NT$0.008 loss in 2Q 2022)Second quarter 2023 results: EPS: NT$0.86 (up from NT$0.008 loss in 2Q 2022). Revenue: NT$179.7m (up 206% from 2Q 2022). Net income: NT$60.8m (up NT$61.4m from 2Q 2022). Profit margin: 34% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 129% per year but the company’s share price has only increased by 71% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 07Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$44.95, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 438% over the past three years.
Valuation Update With 7 Day Price Move • Jun 08Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$40.00, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 17x in the Electrical industry in Taiwan. Total returns to shareholders of 418% over the past three years.
Valuation Update With 7 Day Price Move • May 04Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$33.50, the stock trades at a trailing P/E ratio of 44.4x. Average trailing P/E is 16x in the Electrical industry in Taiwan. Total returns to shareholders of 394% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 23%After last week's 23% share price gain to NT$22.55, the stock trades at a trailing P/E ratio of 29.9x. Average trailing P/E is 15x in the Electrical industry in Taiwan. Total returns to shareholders of 210% over the past three years.
Reported Earnings • Nov 20Third quarter 2022 earnings released: EPS: NT$0.24 (vs NT$0.055 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$0.24 (up from NT$0.055 loss in 3Q 2021). Revenue: NT$62.7m (down 44% from 3Q 2021). Net income: NT$16.8m (up NT$20.7m from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2022 earnings released: NT$0.008 loss per share (vs NT$0.42 loss in 2Q 2021)Second quarter 2022 results: NT$0.008 loss per share (up from NT$0.42 loss in 2Q 2021). Revenue: NT$58.7m (down 38% from 2Q 2021). Net loss: NT$571.0k (loss narrowed 98% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 16First quarter 2022 earnings released: NT$0.18 loss per share (vs NT$0.051 profit in 1Q 2021)First quarter 2022 results: NT$0.18 loss per share (down from NT$0.051 profit in 1Q 2021). Revenue: NT$63.4m (down 1.1% from 1Q 2021). Net loss: NT$13.0m (down 462% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 01Full year 2021 earnings released: NT$0.37 loss per share (vs NT$1.24 loss in FY 2020)Full year 2021 results: NT$0.37 loss per share (up from NT$1.24 loss in FY 2020). Revenue: NT$378.3m (up 15% from FY 2020). Net loss: NT$26.4m (loss narrowed 70% from FY 2020). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 15Third quarter 2021 earnings released: NT$0.04 loss per share (vs NT$0.25 loss in 3Q 2020)The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: NT$111.5m (up 8.5% from 3Q 2020). Net loss: NT$3.88m (loss narrowed 84% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 18Second quarter 2021 earnings released: NT$0.31 loss per share (vs NT$0.003 loss in 2Q 2020)The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: NT$95.1m (up 1.3% from 2Q 2020). Net loss: NT$29.7m (loss widened NT$29.4m from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 17First quarter 2021 earnings released: EPS NT$0.04 (vs NT$0.24 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$64.1m (up 3.2% from 1Q 2020). Net income: NT$3.60m (up NT$27.7m from 1Q 2020). Profit margin: 5.6% (up from net loss in 1Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 27Full year 2020 earnings released: NT$0.89 loss per share (vs NT$0.95 loss in FY 2019)The company reported a soft full year result with weaker revenues and control over costs, although losses reduced. Full year 2020 results: Revenue: NT$329.9m (down 45% from FY 2019). Net loss: NT$87.3m (loss narrowed 6.5% from FY 2019). Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
分析記事 • Mar 01Estimating The Intrinsic Value Of Bestec Power Electronics Co., Ltd. (TPE:3308)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Bestec Power...
Is New 90 Day High Low • Feb 01New 90-day low: NT$6.45The company is down 2.0% from its price of NT$6.60 on 03 November 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electrical industry, which is up 8.0% over the same period.
分析記事 • Jan 07Bestec Power Electronics (TPE:3308) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 14Third quarter 2020 earnings released: NT$0.25 loss per shareThe company reported a poor third quarter result with increased losses and weaker revenues and control over expenses. Third quarter 2020 results: Revenue: NT$102.8m (down 41% from 3Q 2019). Net loss: NT$24.6m (loss widened 114% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year and the company’s share price has also fallen by 6% per year.
