View Future GrowthAmTRAN TechnologyLtd 過去の業績過去 基準チェック /06AmTRAN TechnologyLtdの収益は年間平均-23.3%の割合で減少していますが、 Consumer Durables業界の収益は年間 増加しています。収益は年間3.2% 5.3%割合で 増加しています。 AmTRAN TechnologyLtdの自己資本利益率は5.2%であり、純利益率は2.6%です。主要情報-23.33%収益成長率-23.17%EPS成長率Consumer Durables 業界の成長6.66%収益成長率5.34%株主資本利益率5.21%ネット・マージン2.64%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.15 (vs NT$0.36 in 1Q 2025)First quarter 2026 results: EPS: NT$0.15 (down from NT$0.36 in 1Q 2025). Revenue: NT$5.81b (up 9.3% from 1Q 2025). Net income: NT$91.2m (down 58% from 1Q 2025). Profit margin: 1.6% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$1.22 (vs NT$2.01 in FY 2024)Full year 2025 results: EPS: NT$1.22 (down from NT$2.01 in FY 2024). Revenue: NT$24.7b (up 6.1% from FY 2024). Net income: NT$791.6m (down 39% from FY 2024). Profit margin: 3.2% (down from 5.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.51 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.51 (up from NT$0.23 in 3Q 2024). Revenue: NT$6.84b (down 8.0% from 3Q 2024). Net income: NT$323.1m (up 126% from 3Q 2024). Profit margin: 4.7% (up from 1.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.01 loss per share (vs NT$0.36 profit in 2Q 2024)Second quarter 2025 results: NT$0.01 loss per share (down from NT$0.36 profit in 2Q 2024). Revenue: NT$6.43b (up 8.9% from 2Q 2024). Net loss: NT$4.78m (down 102% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.84 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.84 in 1Q 2024). Revenue: NT$5.32b (up 23% from 1Q 2024). Net income: NT$219.4m (down 62% from 1Q 2024). Profit margin: 4.1% (down from 13% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 03AmTRAN Technology Co.,Ltd to Report Q1, 2025 Results on May 12, 2025AmTRAN Technology Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025すべての更新を表示Recent updatesValuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 286% over the past three years.Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.15 (vs NT$0.36 in 1Q 2025)First quarter 2026 results: EPS: NT$0.15 (down from NT$0.36 in 1Q 2025). Revenue: NT$5.81b (up 9.3% from 1Q 2025). Net income: NT$91.2m (down 58% from 1Q 2025). Profit margin: 1.6% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$35.00, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 19x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 215% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.90, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 292% over the past three years.Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$34.80, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 250% over the past three years.Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$1.22 (vs NT$2.01 in FY 2024)Full year 2025 results: EPS: NT$1.22 (down from NT$2.01 in FY 2024). Revenue: NT$24.7b (up 6.1% from FY 2024). Net income: NT$791.6m (down 39% from FY 2024). Profit margin: 3.2% (down from 5.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 05AmTRAN Technology Co.,Ltd, Annual General Meeting, May 28, 2026AmTRAN Technology Co.,Ltd, Annual General Meeting, May 28, 2026. Location: 17 floor no,268, lien ch`eng rd., jhonghe district, new taipei city TaiwanBuy Or Sell Opportunity • Feb 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 161% to NT$39.60. The fair value is estimated to be NT$32.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable.Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$32.75, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 18x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 216% over the past three years.New Risk • Feb 23New 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 9.2% 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 Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$23.70, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 145% over the past three years.New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$19.15, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 101% over the past three years.Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$17.30, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 79% over the past three years.Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.51 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.51 (up from NT$0.23 in 3Q 2024). Revenue: NT$6.84b (down 8.0% from 3Q 2024). Net income: NT$323.1m (up 126% from 3Q 2024). Profit margin: 4.7% (up from 1.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 81% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Declared Dividend • Oct 16Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 27th October 2025 Payment date: 26th November 2025 Dividend yield will be 10%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years.Upcoming Dividend • Sep 18Upcoming dividend of NT$1.03 per shareEligible shareholders must have bought the stock before 25 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.2%).New Risk • Aug 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 135% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.01 loss per share (vs NT$0.36 profit in 2Q 2024)Second quarter 2025 results: NT$0.01 loss per share (down from NT$0.36 profit in 2Q 2024). Revenue: NT$6.43b (up 8.9% from 2Q 2024). Net loss: NT$4.78m (down 102% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Declared Dividend • Jul 23Dividend of NT$1.03 announcedShareholders will receive a dividend of NT$1.03. Ex-date: 25th September 2025 Payment date: 15th October 2025 Dividend yield will be 12%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 12% EPS decline seen over the last 5 years.Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.84 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.84 in 1Q 2024). Revenue: NT$5.32b (up 23% from 1Q 2024). Net income: NT$219.4m (down 62% from 1Q 2024). Profit margin: 4.1% (down from 13% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.お知らせ • May 03AmTRAN Technology Co.,Ltd to Report Q1, 2025 Results on May 12, 2025AmTRAN Technology Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025Buy Or Sell Opportunity • Apr 09Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to NT$11.70. The fair value is estimated to be NT$15.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%.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$12.95, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 8.4% over the past three years.Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to NT$17.60. The fair value is estimated to be NT$14.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%.Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.80 (vs NT$0.63 in FY 2023)Full year 2024 results: EPS: NT$1.80 (up from NT$0.63 in FY 2023). Revenue: NT$23.2b (up 40% from FY 2023). Net income: NT$1.29b (up 189% from FY 2023). Profit margin: 5.5% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Mar 06+ 2 more updatesAmTRAN Technology Co.,Ltd, Annual General Meeting, May 21, 2025AmTRAN Technology Co.,Ltd, Annual General Meeting, May 21, 2025, at 09:00 Taipei Standard Time. Location: 17 floor no,268, lien ch`eng rd., jhonghe district, new taipei city Taiwan分析記事 • Nov 18Investors Shouldn't Be Too Comfortable With AmTRAN TechnologyLtd's (TWSE:2489) EarningsInvestors were disappointed with AmTRAN Technology Co.,Ltd's ( TWSE:2489 ) earnings, despite the strong profit numbers...Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.067 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.067 in 3Q 2023). Revenue: NT$7.43b (up 50% from 3Q 2023). Net income: NT$143.1m (up 208% from 3Q 2023). Profit margin: 1.9% (up from 0.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Upcoming Dividend • Oct 11Upcoming dividend of NT$0.59 per shareEligible shareholders must have bought the stock before 18 October 2024. Payment date: 14 November 2024. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (3.1%).お知らせ • Oct 03AmTRAN Technology Co.,Ltd Announces the Cash Dividends, Payable on November 14, 2024AmTRAN Technology Co.,Ltd announced the cash dividends of TWD 401,200,000 (TWD 0.59 per share). Ex-rights (ex-dividend) record date is October 26, 2024 and Payment date of common stock cash dividend distribution of November 14, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: October 1, 2024.Upcoming Dividend • Sep 12Upcoming dividend of NT$0.81 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 04 October 2024. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (3.2%).New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 63% 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 Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.33 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.33 loss in 2Q 2023). Revenue: NT$5.90b (up 54% from 2Q 2023). Net income: NT$244.6m (up NT$502.5m from 2Q 2023). Profit margin: 4.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$18.40, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 17% over the past three years.Declared Dividend • Aug 02Dividend of NT$0.81 announcedShareholders will receive a dividend of NT$0.81. Ex-date: 19th September 2024 Payment date: 4th October 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 29% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend.お知らせ • Aug 01AmTRAN Technology Co.,Ltd to Report Q2, 2024 Results on Aug 08, 2024AmTRAN Technology Co.,Ltd announced that they will report Q2, 2024 results on Aug 08, 2024New Risk • Jul 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.5% 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 (8.5% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin).分析記事 • Jul 12There's Reason For Concern Over AmTRAN Technology Co.,Ltd's (TWSE:2489) Massive 27% Price JumpAmTRAN Technology Co.,Ltd ( TWSE:2489 ) shares have continued their recent momentum with a 27% gain in the last month...Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$24.50, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 53% over the past three years.New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin).Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$18.95, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 30% over the past three years.分析記事 • May 21AmTRAN Technology Co.,Ltd's (TWSE:2489) 30% Price Boost Is Out Of Tune With EarningsAmTRAN Technology Co.,Ltd ( TWSE:2489 ) shareholders would be excited to see that the share price has had a great...Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.70 in 1Q 2023)First quarter 2024 results: EPS: NT$0.77 (up from NT$0.70 in 1Q 2023). Revenue: NT$4.32b (up 30% from 1Q 2023). Net income: NT$571.9m (up 2.0% from 1Q 2023). Profit margin: 13% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.お知らせ • May 01AmTRAN Technology Co.,Ltd to Report Q1, 2024 Results on May 08, 2024AmTRAN Technology Co.,Ltd announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024分析記事 • Mar 29AmTRAN TechnologyLtd's (TWSE:2489) Promising Earnings May Rest On Soft FoundationsAmTRAN Technology Co.,Ltd ( TWSE:2489 ) announced strong profits, but the stock was stagnant. Our analysis suggests...New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% 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 Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results.Reported Earnings • Mar 25Full year 2023 earnings released: EPS: NT$0.58 (vs NT$3.45 loss in FY 2022)Full year 2023 results: EPS: NT$0.58 (up from NT$3.45 loss in FY 2022). Revenue: NT$16.6b (up 1.4% from FY 2022). Net income: NT$446.2m (up NT$3.20b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.お知らせ • Mar 14+ 1 more updateAmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 12, 2024AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 12, 2024. Location: Multifunctional Conference Room, 17th Floor, No. 268, Liancheng Road, Zhonghe District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit Committee's review of the 2023 annual final; to consider report on 2023 employees' and directors' remuneration accounting books and statements; and to transact such other business matters.お知らせ • Dec 08AmTRAN Technology Co.,Ltd. Announces Resignation of Zhan,Jin-Zong as Committee MemberAmTRAN Technology Co.,Ltd. announced the resignation of ZHAN,JIN-ZONG as committee members. Resume of the previous position holder: ZHAN,JIN-ZONG: Associate Manager of HH-CTBC Capital Management Co. Ltd.Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.06 (vs NT$1.30 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.06 (down from NT$1.30 in 3Q 2022). Revenue: NT$4.95b (up 28% from 3Q 2022). Net income: NT$46.5m (down 96% from 3Q 2022). Profit margin: 0.9% (down from 27% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.お知らせ • Nov 11AmTRAN Technology Co.,Ltd Approves Appointment of the Committee MembersAmtran Board of Directors approved the establishment of appointment of the committee members. Name of the new position holder: Xu Zhangying, ZHAN,JIN-ZONG. Resume of the new position holder:)Xu Zhangying: Independent Director of Amtran. ZHAN,JIN-ZONG: Associate Manager of HH-CTBC Capital Management Co. Ltd. Effective date of the new member: November 10, 2023.Board Change • Oct 11Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Zhangying Xu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 20Upcoming dividend of NT$0.51 per share at 5.3% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 17 October 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).New Risk • Aug 25New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 2.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.Reported Earnings • Aug 05Second quarter 2023 earnings released: NT$0.33 loss per share (vs NT$0.47 loss in 2Q 2022)Second quarter 2023 results: NT$0.33 loss per share (improved from NT$0.47 loss in 2Q 2022). Revenue: NT$3.84b (down 15% from 2Q 2022). Net loss: NT$257.8m (loss narrowed 32% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.New Risk • Jul 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.お知らせ • Jun 17AmTRAN Technology Co.,Ltd Announces Change of Member of Audit CommitteeAmTRAN Technology Co.,Ltd announced for the change of member of Audit Committee (add one seat). Name of the new position holder: Xu Zhangying; Resume of the new position holder: Independent Director/Secretary General; Circumstances of change: Additional by-election of an independent director. Effective date of the new member: June 15, 2023.お知らせ • Jun 16AmTRAN Technology Co.,Ltd Approves Election of Independent DirectorAmTRAN Technology Co.,Ltd at its AGM held on June 15, 2023, approved election of independent director: Elected or changed position: Independent director; Title and name of the new position holder: Xu Zhangying; Resume of the new position holder: Independent Director/Secretary General of Guoshao Urology Education Foundation; Circumstances of change: new appointment; Effective date of the new appointment: June 15, 2023.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$15.10, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 113% over the past three years.お知らせ • May 06AmTRAN Technology Co.,Ltd Announces Members of the 1st Sustainable Development CommitteeAmTRAN Technology Co.,Ltd announced members of the 1st Sustainable Development Committee. Name of the new position holder: Alpha Wu¡BDah-Jen Chou¡BHong-Jheng Wei¡B Cheng-Hu Chow¡BZhi-Hong Shi. Resume of the new position holder: Alpha Wu, Chairman of Amtran Technology Co. Ltd., Dah-Jen Chou, Independent director of Amtran Technology Co. Ltd., Hong-Jheng Wei, Independent director of Amtran Technology Co. Ltd., Cheng-Hu Chow, Independent director of Amtran Technology Co. Ltd., Zhi-Hong Shi, Chief Legal Officer of Amtran Technology Co. Ltd. Effective date of the new member is May 4, 2023. Reason for the change: Establishment of the Sustainable Development Committee. The tenure is from the day of appointment to the term expired day of current Board of Directors - (May 4, 2023 - July 28, 2024).Reported Earnings • Mar 30Full year 2022 earnings released: NT$3.45 loss per share (vs NT$6.39 profit in FY 2021)Full year 2022 results: NT$3.45 loss per share (down from NT$6.39 profit in FY 2021). Revenue: NT$16.4b (down 26% from FY 2021). Net loss: NT$2.75b (down 155% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.お知らせ • Jan 11AMTRAN TECHNOLOGY CO.,LTD. Announces Resignation of Liao Wanjun as Independent DirectorAMTRAN TECHNOLOGY CO.,LTD. announced the resignation of Ms. Liao Wanjun as independent director and member of the audit committee. Reason for the change is Ms. Liao Wanjun is to be the civil servant. Date of occurrence of the change is January 10, 2023.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Cheng-Hu Chow was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.29 (vs NT$0.13 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.29 (up from NT$0.13 loss in 3Q 2021). Revenue: NT$3.88b (down 41% from 3Q 2021). Net income: NT$1.03b (up NT$1.14b from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% 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.Upcoming Dividend • Aug 25Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 07 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.8%).Reported Earnings • Aug 05Second quarter 2022 earnings released: NT$0.50 loss per share (vs NT$1.06 profit in 2Q 2021)Second quarter 2022 results: NT$0.50 loss per share (down from NT$1.06 profit in 2Q 2021). Revenue: NT$4.49b (down 7.7% from 2Q 2021). Net loss: NT$377.1m (down 147% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: NT$3.93 loss per share (down from NT$6.39 profit in 1Q 2021). Revenue: NT$4.40b (down 2.3% from 1Q 2021). Net loss: NT$2.99b (down 162% from profit in 1Q 2021). Revenue missed analyst estimates by 74%. Earnings per share (EPS) exceeded analyst estimates by 1,464%. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Hong Zheng Wei was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Apr 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$6.30 (up from NT$0.73 in FY 2020). Revenue: NT$22.2b (up 33% from FY 2020). Net income: NT$5.02b (up NT$4.46b from FY 2020). Profit margin: 23% (up from 3.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 74%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Nov 12Upcoming dividend of NT$0.14 per shareEligible shareholders must have bought the stock before 19 November 2021. Payment date: 17 December 2021. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.1%).Reported Earnings • Nov 10Third quarter 2021 earnings released: NT$0.13 loss per share (vs NT$0.32 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$6.60b (up 44% from 3Q 2020). Net loss: NT$105.7m (down 144% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 22Inaugural dividend of NT$0.61 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 15 November 2021. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 4.2%.Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.23 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.87b (up 21% from 2Q 2020). Net income: NT$806.8m (up 335% from 2Q 2020). Profit margin: 17% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$17.55, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 39% over the past three years.Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$6.00 (vs NT$0.40 loss in 1Q 2020)First quarter 2021 results: Revenue: NT$4.51b (up 52% from 1Q 2020). Net income: NT$4.85b (up NT$5.18b from 1Q 2020). 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 17% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 12Is AmTRAN TechnologyLtd (TPE:2489) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Mar 17Does AmTRAN TechnologyLtd (TPE:2489) Deserve A Spot On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...お知らせ • Mar 16AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 15, 2021AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 15, 2021.Is New 90 Day High Low • Mar 03New 90-day high: NT$12.85The company is up 7.0% from its price of NT$12.00 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period.分析記事 • Feb 12What Type Of Returns Would AmTRAN TechnologyLtd's(TPE:2489) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...分析記事 • Dec 21Does AmTRAN TechnologyLtd (TPE:2489) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.30The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$4.59b (up 22% from 3Q 2019). Net income: NT$241.5m (up NT$235.7m from 3Q 2019). Profit margin: 5.3% (up from 0.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 14New 90-day high: NT$11.00The company is up 5.0% from its price of NT$10.50 on 16 July 2020. The Taiwanese market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Durables industry, which is down 1.0% over the same period.収支内訳AmTRAN TechnologyLtd の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史TWSE:2489 収益、費用、利益 ( )TWD Millions日付収益収益G+A経費研究開発費31 Mar 2625,1556631,13277731 Dec 2524,6597921,19476230 Sep 2524,1678661,20872730 Jun 2524,7586861,24873631 Mar 2524,2309361,22769931 Dec 2423,2361,2881,19071030 Sep 2422,1301,0571,14368730 Jun 2419,6559601,12167631 Mar 2417,5894581,11062931 Dec 2316,5844461,06754130 Sep 2315,682-701,11045130 Jun 2314,6139161,11338631 Mar 2315,2717971,13239631 Dec 2216,355-2,7541,22047230 Sep 2219,036-2,8741,25353630 Jun 2221,757-4,0121,28653731 Mar 2222,130-2,8281,31747231 Dec 2122,2325,0171,54360630 Sep 2121,1436,0081,58964530 Jun 2119,1256,3551,57966031 Mar 2118,2795,7341,62767631 Dec 2016,7485531,42646930 Sep 2015,783-391,52847630 Jun 2014,968-2741,64245031 Mar 2015,325-3261,76149231 Dec 1915,22051,73547830 Sep 1916,3942691,66841230 Jun 1916,3752421,60138431 Mar 1915,3791401,47735731 Dec 1815,0781561,40935430 Sep 1814,496-1081,41135530 Jun 1814,935141,46739131 Mar 1815,786-3581,42540131 Dec 1716,862-8881,63543130 Sep 1720,787-7441,92850830 Jun 1723,277-5972,13953931 Mar 1725,767942,27658631 Dec 1626,0181,6312,24473930 Sep 1624,4812,6732,23186130 Jun 1623,9042,9342,13785231 Mar 1621,8482,7032,14283031 Dec 1520,6741,7502,01969930 Sep 1518,3918931,73163030 Jun 1515,1535121,478566質の高い収益: 2489 非現金収入 のレベルが高いです。利益率の向上: 2489の現在の純利益率 (2.6%)は、昨年(3.9%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 2489の収益は過去 5 年間で年間23.3%減少しました。成長の加速: 2489は過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 2489は過去 1 年間で収益成長率がマイナス ( -29.1% ) となったため、 Consumer Durables業界平均 ( -24.3% ) と比較することが困難です。株主資本利益率高いROE: 2489の 自己資本利益率 ( 5.2% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-durables 、過去の業績が好調な企業。View Financial Health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2026/05/24 23:30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AmTRAN Technology 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。3 アナリスト機関Eric KaoKGI Securities Co. Ltd.Zhilong YenMasterlink Securities Investment AdvisoryPo-Tsung HuangYuanta Research
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.15 (vs NT$0.36 in 1Q 2025)First quarter 2026 results: EPS: NT$0.15 (down from NT$0.36 in 1Q 2025). Revenue: NT$5.81b (up 9.3% from 1Q 2025). Net income: NT$91.2m (down 58% from 1Q 2025). Profit margin: 1.6% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$1.22 (vs NT$2.01 in FY 2024)Full year 2025 results: EPS: NT$1.22 (down from NT$2.01 in FY 2024). Revenue: NT$24.7b (up 6.1% from FY 2024). Net income: NT$791.6m (down 39% from FY 2024). Profit margin: 3.2% (down from 5.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.51 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.51 (up from NT$0.23 in 3Q 2024). Revenue: NT$6.84b (down 8.0% from 3Q 2024). Net income: NT$323.1m (up 126% from 3Q 2024). Profit margin: 4.7% (up from 1.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.01 loss per share (vs NT$0.36 profit in 2Q 2024)Second quarter 2025 results: NT$0.01 loss per share (down from NT$0.36 profit in 2Q 2024). Revenue: NT$6.43b (up 8.9% from 2Q 2024). Net loss: NT$4.78m (down 102% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.84 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.84 in 1Q 2024). Revenue: NT$5.32b (up 23% from 1Q 2024). Net income: NT$219.4m (down 62% from 1Q 2024). Profit margin: 4.1% (down from 13% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 03AmTRAN Technology Co.,Ltd to Report Q1, 2025 Results on May 12, 2025AmTRAN Technology Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$46.80, the stock trades at a trailing P/E ratio of 43x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 286% over the past three years.
Reported Earnings • May 12First quarter 2026 earnings released: EPS: NT$0.15 (vs NT$0.36 in 1Q 2025)First quarter 2026 results: EPS: NT$0.15 (down from NT$0.36 in 1Q 2025). Revenue: NT$5.81b (up 9.3% from 1Q 2025). Net income: NT$91.2m (down 58% from 1Q 2025). Profit margin: 1.6% (down from 4.1% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Apr 27Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to NT$35.00, the stock trades at a trailing P/E ratio of 27x. Average trailing P/E is 19x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 215% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$38.90, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 292% over the past three years.
Valuation Update With 7 Day Price Move • Mar 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$34.80, the stock trades at a trailing P/E ratio of 26.8x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 250% over the past three years.
Reported Earnings • Mar 05Full year 2025 earnings released: EPS: NT$1.22 (vs NT$2.01 in FY 2024)Full year 2025 results: EPS: NT$1.22 (down from NT$2.01 in FY 2024). Revenue: NT$24.7b (up 6.1% from FY 2024). Net income: NT$791.6m (down 39% from FY 2024). Profit margin: 3.2% (down from 5.5% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 48% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 05AmTRAN Technology Co.,Ltd, Annual General Meeting, May 28, 2026AmTRAN Technology Co.,Ltd, Annual General Meeting, May 28, 2026. Location: 17 floor no,268, lien ch`eng rd., jhonghe district, new taipei city Taiwan
Buy Or Sell Opportunity • Feb 26Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 161% to NT$39.60. The fair value is estimated to be NT$32.83, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company has become profitable.
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$32.75, the stock trades at a trailing P/E ratio of 23.1x. Average trailing P/E is 18x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 216% over the past three years.
New Risk • Feb 23New 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 9.2% 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 Risk Share price has been highly volatile over the past 3 months (9.2% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Valuation Update With 7 Day Price Move • Feb 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to NT$23.70, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 145% over the past three years.
New Risk • Jan 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change).
Valuation Update With 7 Day Price Move • Jan 20Investor sentiment improves as stock rises 21%After last week's 21% share price gain to NT$19.15, the stock trades at a trailing P/E ratio of 13.5x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 101% over the past three years.
Valuation Update With 7 Day Price Move • Jan 06Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$17.30, the stock trades at a trailing P/E ratio of 12.2x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 79% over the past three years.
Reported Earnings • Nov 13Third quarter 2025 earnings released: EPS: NT$0.51 (vs NT$0.23 in 3Q 2024)Third quarter 2025 results: EPS: NT$0.51 (up from NT$0.23 in 3Q 2024). Revenue: NT$6.84b (down 8.0% from 3Q 2024). Net income: NT$323.1m (up 126% from 3Q 2024). Profit margin: 4.7% (up from 1.9% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Nov 13New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 81% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Declared Dividend • Oct 16Dividend of NT$0.50 announcedShareholders will receive a dividend of NT$0.50. Ex-date: 27th October 2025 Payment date: 26th November 2025 Dividend yield will be 10%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 48% to shift the payout ratio to a potentially unsustainable range, which is more than the 16% EPS decline seen over the last 5 years.
Upcoming Dividend • Sep 18Upcoming dividend of NT$1.03 per shareEligible shareholders must have bought the stock before 25 September 2025. Payment date: 15 October 2025. Payout ratio is a comfortable 47% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of Taiwanese dividend payers (5.3%). Lower than average of industry peers (4.2%).
New Risk • Aug 09New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 135% 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: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.8% net profit margin).
Reported Earnings • Aug 09Second quarter 2025 earnings released: NT$0.01 loss per share (vs NT$0.36 profit in 2Q 2024)Second quarter 2025 results: NT$0.01 loss per share (down from NT$0.36 profit in 2Q 2024). Revenue: NT$6.43b (up 8.9% from 2Q 2024). Net loss: NT$4.78m (down 102% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Declared Dividend • Jul 23Dividend of NT$1.03 announcedShareholders will receive a dividend of NT$1.03. Ex-date: 25th September 2025 Payment date: 15th October 2025 Dividend yield will be 12%, which is higher than the industry average of 4.1%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (16% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 62% to shift the payout ratio to a potentially unsustainable range, which is more than the 12% EPS decline seen over the last 5 years.
Reported Earnings • May 13First quarter 2025 earnings released: EPS: NT$0.32 (vs NT$0.84 in 1Q 2024)First quarter 2025 results: EPS: NT$0.32 (down from NT$0.84 in 1Q 2024). Revenue: NT$5.32b (up 23% from 1Q 2024). Net income: NT$219.4m (down 62% from 1Q 2024). Profit margin: 4.1% (down from 13% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
お知らせ • May 03AmTRAN Technology Co.,Ltd to Report Q1, 2025 Results on May 12, 2025AmTRAN Technology Co.,Ltd announced that they will report Q1, 2025 results on May 12, 2025
Buy Or Sell Opportunity • Apr 09Now 25% undervalued after recent price dropOver the last 90 days, the stock has fallen 37% to NT$11.70. The fair value is estimated to be NT$15.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%.
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$12.95, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 14x in the Consumer Durables industry in Taiwan. Total loss to shareholders of 8.4% over the past three years.
Buy Or Sell Opportunity • Mar 18Now 21% overvaluedOver the last 90 days, the stock has fallen 6.4% to NT$17.60. The fair value is estimated to be NT$14.55, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 40%.
Reported Earnings • Mar 14Full year 2024 earnings released: EPS: NT$1.80 (vs NT$0.63 in FY 2023)Full year 2024 results: EPS: NT$1.80 (up from NT$0.63 in FY 2023). Revenue: NT$23.2b (up 40% from FY 2023). Net income: NT$1.29b (up 189% from FY 2023). Profit margin: 5.5% (up from 2.7% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Mar 06+ 2 more updatesAmTRAN Technology Co.,Ltd, Annual General Meeting, May 21, 2025AmTRAN Technology Co.,Ltd, Annual General Meeting, May 21, 2025, at 09:00 Taipei Standard Time. Location: 17 floor no,268, lien ch`eng rd., jhonghe district, new taipei city Taiwan
分析記事 • Nov 18Investors Shouldn't Be Too Comfortable With AmTRAN TechnologyLtd's (TWSE:2489) EarningsInvestors were disappointed with AmTRAN Technology Co.,Ltd's ( TWSE:2489 ) earnings, despite the strong profit numbers...
Reported Earnings • Nov 15Third quarter 2024 earnings released: EPS: NT$0.20 (vs NT$0.067 in 3Q 2023)Third quarter 2024 results: EPS: NT$0.20 (up from NT$0.067 in 3Q 2023). Revenue: NT$7.43b (up 50% from 3Q 2023). Net income: NT$143.1m (up 208% from 3Q 2023). Profit margin: 1.9% (up from 0.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Upcoming Dividend • Oct 11Upcoming dividend of NT$0.59 per shareEligible shareholders must have bought the stock before 18 October 2024. Payment date: 14 November 2024. Trailing yield: 2.7%. Lower than top quartile of Taiwanese dividend payers (4.4%). Lower than average of industry peers (3.1%).
お知らせ • Oct 03AmTRAN Technology Co.,Ltd Announces the Cash Dividends, Payable on November 14, 2024AmTRAN Technology Co.,Ltd announced the cash dividends of TWD 401,200,000 (TWD 0.59 per share). Ex-rights (ex-dividend) record date is October 26, 2024 and Payment date of common stock cash dividend distribution of November 14, 2024. Date of the resolution by the board of directors or shareholders meeting or decision by the Company: October 1, 2024.
Upcoming Dividend • Sep 12Upcoming dividend of NT$0.81 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 04 October 2024. Trailing yield: 2.6%. Lower than top quartile of Taiwanese dividend payers (4.5%). Lower than average of industry peers (3.2%).
New Risk • Aug 28New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 63% 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 Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.6% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: NT$0.33 (vs NT$0.33 loss in 2Q 2023)Second quarter 2024 results: EPS: NT$0.33 (up from NT$0.33 loss in 2Q 2023). Revenue: NT$5.90b (up 54% from 2Q 2023). Net income: NT$244.6m (up NT$502.5m from 2Q 2023). Profit margin: 4.1% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Aug 06Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to NT$18.40, the stock trades at a trailing P/E ratio of 29.8x. Average trailing P/E is 16x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 17% over the past three years.
Declared Dividend • Aug 02Dividend of NT$0.81 announcedShareholders will receive a dividend of NT$0.81. Ex-date: 19th September 2024 Payment date: 4th October 2024 Dividend yield will be 3.8%, which is lower than the industry average of 4.1%. Sustainability & Growth Dividend is covered by both earnings (89% earnings payout ratio) and cash flows (33% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 29% over the last 5 years, which if continued should maintain adequate earnings cover for the dividend.
お知らせ • Aug 01AmTRAN Technology Co.,Ltd to Report Q2, 2024 Results on Aug 08, 2024AmTRAN Technology Co.,Ltd announced that they will report Q2, 2024 results on Aug 08, 2024
New Risk • Jul 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Taiwanese stocks, typically moving 8.5% 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 (8.5% average weekly change). Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.6% net profit margin).
分析記事 • Jul 12There's Reason For Concern Over AmTRAN Technology Co.,Ltd's (TWSE:2489) Massive 27% Price JumpAmTRAN Technology Co.,Ltd ( TWSE:2489 ) shares have continued their recent momentum with a 27% gain in the last month...
Valuation Update With 7 Day Price Move • Jul 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to NT$24.50, the stock trades at a trailing P/E ratio of 39.6x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 53% over the past three years.
New Risk • May 28New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 11% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Profit margins are more than 30% lower than last year (2.6% net profit margin).
Valuation Update With 7 Day Price Move • May 21Investor sentiment improves as stock rises 19%After last week's 19% share price gain to NT$18.95, the stock trades at a trailing P/E ratio of 30.6x. Average trailing P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 30% over the past three years.
分析記事 • May 21AmTRAN Technology Co.,Ltd's (TWSE:2489) 30% Price Boost Is Out Of Tune With EarningsAmTRAN Technology Co.,Ltd ( TWSE:2489 ) shareholders would be excited to see that the share price has had a great...
Reported Earnings • May 16First quarter 2024 earnings released: EPS: NT$0.77 (vs NT$0.70 in 1Q 2023)First quarter 2024 results: EPS: NT$0.77 (up from NT$0.70 in 1Q 2023). Revenue: NT$4.32b (up 30% from 1Q 2023). Net income: NT$571.9m (up 2.0% from 1Q 2023). Profit margin: 13% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 71 percentage points per year, which is a significant difference in performance.
お知らせ • May 01AmTRAN Technology Co.,Ltd to Report Q1, 2024 Results on May 08, 2024AmTRAN Technology Co.,Ltd announced that they will report Q1, 2024 results at 9:00 AM, Taipei Standard Time on May 08, 2024
分析記事 • Mar 29AmTRAN TechnologyLtd's (TWSE:2489) Promising Earnings May Rest On Soft FoundationsAmTRAN Technology Co.,Ltd ( TWSE:2489 ) announced strong profits, but the stock was stagnant. Our analysis suggests...
New Risk • Mar 27New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 28% 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 Risk Earnings have declined by 9.1% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Large one-off items impacting financial results.
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: NT$0.58 (vs NT$3.45 loss in FY 2022)Full year 2023 results: EPS: NT$0.58 (up from NT$3.45 loss in FY 2022). Revenue: NT$16.6b (up 1.4% from FY 2022). Net income: NT$446.2m (up NT$3.20b from FY 2022). Profit margin: 2.7% (up from net loss in FY 2022). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 14+ 1 more updateAmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 12, 2024AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 12, 2024. Location: Multifunctional Conference Room, 17th Floor, No. 268, Liancheng Road, Zhonghe District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider audit Committee's review of the 2023 annual final; to consider report on 2023 employees' and directors' remuneration accounting books and statements; and to transact such other business matters.
お知らせ • Dec 08AmTRAN Technology Co.,Ltd. Announces Resignation of Zhan,Jin-Zong as Committee MemberAmTRAN Technology Co.,Ltd. announced the resignation of ZHAN,JIN-ZONG as committee members. Resume of the previous position holder: ZHAN,JIN-ZONG: Associate Manager of HH-CTBC Capital Management Co. Ltd.
Reported Earnings • Nov 14Third quarter 2023 earnings released: EPS: NT$0.06 (vs NT$1.30 in 3Q 2022)Third quarter 2023 results: EPS: NT$0.06 (down from NT$1.30 in 3Q 2022). Revenue: NT$4.95b (up 28% from 3Q 2022). Net income: NT$46.5m (down 96% from 3Q 2022). Profit margin: 0.9% (down from 27% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
お知らせ • Nov 11AmTRAN Technology Co.,Ltd Approves Appointment of the Committee MembersAmtran Board of Directors approved the establishment of appointment of the committee members. Name of the new position holder: Xu Zhangying, ZHAN,JIN-ZONG. Resume of the new position holder:)Xu Zhangying: Independent Director of Amtran. ZHAN,JIN-ZONG: Associate Manager of HH-CTBC Capital Management Co. Ltd. Effective date of the new member: November 10, 2023.
Board Change • Oct 11Less than half of directors are independentFollowing the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Zhangying Xu was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 20Upcoming dividend of NT$0.51 per share at 5.3% yieldEligible shareholders must have bought the stock before 27 September 2023. Payment date: 17 October 2023. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Taiwanese dividend payers (5.5%). Higher than average of industry peers (4.4%).
New Risk • Aug 25New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 5.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. 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: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
New Risk • Aug 06New major risk - Revenue and earnings growthEarnings have declined by 2.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 2.8% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results.
Reported Earnings • Aug 05Second quarter 2023 earnings released: NT$0.33 loss per share (vs NT$0.47 loss in 2Q 2022)Second quarter 2023 results: NT$0.33 loss per share (improved from NT$0.47 loss in 2Q 2022). Revenue: NT$3.84b (down 15% from 2Q 2022). Net loss: NT$257.8m (loss narrowed 32% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings.
New Risk • Jul 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Taiwanese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results.
お知らせ • Jun 17AmTRAN Technology Co.,Ltd Announces Change of Member of Audit CommitteeAmTRAN Technology Co.,Ltd announced for the change of member of Audit Committee (add one seat). Name of the new position holder: Xu Zhangying; Resume of the new position holder: Independent Director/Secretary General; Circumstances of change: Additional by-election of an independent director. Effective date of the new member: June 15, 2023.
お知らせ • Jun 16AmTRAN Technology Co.,Ltd Approves Election of Independent DirectorAmTRAN Technology Co.,Ltd at its AGM held on June 15, 2023, approved election of independent director: Elected or changed position: Independent director; Title and name of the new position holder: Xu Zhangying; Resume of the new position holder: Independent Director/Secretary General of Guoshao Urology Education Foundation; Circumstances of change: new appointment; Effective date of the new appointment: June 15, 2023.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improves as stock rises 22%After last week's 22% share price gain to NT$15.10, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 15x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 113% over the past three years.
お知らせ • May 06AmTRAN Technology Co.,Ltd Announces Members of the 1st Sustainable Development CommitteeAmTRAN Technology Co.,Ltd announced members of the 1st Sustainable Development Committee. Name of the new position holder: Alpha Wu¡BDah-Jen Chou¡BHong-Jheng Wei¡B Cheng-Hu Chow¡BZhi-Hong Shi. Resume of the new position holder: Alpha Wu, Chairman of Amtran Technology Co. Ltd., Dah-Jen Chou, Independent director of Amtran Technology Co. Ltd., Hong-Jheng Wei, Independent director of Amtran Technology Co. Ltd., Cheng-Hu Chow, Independent director of Amtran Technology Co. Ltd., Zhi-Hong Shi, Chief Legal Officer of Amtran Technology Co. Ltd. Effective date of the new member is May 4, 2023. Reason for the change: Establishment of the Sustainable Development Committee. The tenure is from the day of appointment to the term expired day of current Board of Directors - (May 4, 2023 - July 28, 2024).
Reported Earnings • Mar 30Full year 2022 earnings released: NT$3.45 loss per share (vs NT$6.39 profit in FY 2021)Full year 2022 results: NT$3.45 loss per share (down from NT$6.39 profit in FY 2021). Revenue: NT$16.4b (down 26% from FY 2021). Net loss: NT$2.75b (down 155% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings.
お知らせ • Jan 11AMTRAN TECHNOLOGY CO.,LTD. Announces Resignation of Liao Wanjun as Independent DirectorAMTRAN TECHNOLOGY CO.,LTD. announced the resignation of Ms. Liao Wanjun as independent director and member of the audit committee. Reason for the change is Ms. Liao Wanjun is to be the civil servant. Date of occurrence of the change is January 10, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Cheng-Hu Chow was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 10Third quarter 2022 earnings released: EPS: NT$1.29 (vs NT$0.13 loss in 3Q 2021)Third quarter 2022 results: EPS: NT$1.29 (up from NT$0.13 loss in 3Q 2021). Revenue: NT$3.88b (down 41% from 3Q 2021). Net income: NT$1.03b (up NT$1.14b from 3Q 2021). Profit margin: 27% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 13% 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.
Upcoming Dividend • Aug 25Upcoming dividend of NT$0.75 per shareEligible shareholders must have bought the stock before 01 September 2022. Payment date: 07 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 5.8%. Lower than top quartile of Taiwanese dividend payers (6.5%). Higher than average of industry peers (4.8%).
Reported Earnings • Aug 05Second quarter 2022 earnings released: NT$0.50 loss per share (vs NT$1.06 profit in 2Q 2021)Second quarter 2022 results: NT$0.50 loss per share (down from NT$1.06 profit in 2Q 2021). Revenue: NT$4.49b (down 7.7% from 2Q 2021). Net loss: NT$377.1m (down 147% from profit in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 02First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFirst quarter 2022 results: NT$3.93 loss per share (down from NT$6.39 profit in 1Q 2021). Revenue: NT$4.40b (down 2.3% from 1Q 2021). Net loss: NT$2.99b (down 162% from profit in 1Q 2021). Revenue missed analyst estimates by 74%. Earnings per share (EPS) exceeded analyst estimates by 1,464%. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 8 experienced directors. 3 highly experienced directors. 3 independent directors (8 non-independent directors). Independent Director Hong Zheng Wei was the last independent director to join the board, commencing their role in 2015. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Apr 02Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: EPS: NT$6.30 (up from NT$0.73 in FY 2020). Revenue: NT$22.2b (up 33% from FY 2020). Net income: NT$5.02b (up NT$4.46b from FY 2020). Profit margin: 23% (up from 3.3% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 74%. Earnings per share (EPS) exceeded analyst estimates. Over the last 3 years on average, earnings per share has increased by 114% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Nov 12Upcoming dividend of NT$0.14 per shareEligible shareholders must have bought the stock before 19 November 2021. Payment date: 17 December 2021. Trailing yield: 4.6%. Lower than top quartile of Taiwanese dividend payers (5.1%). Higher than average of industry peers (4.1%).
Reported Earnings • Nov 10Third quarter 2021 earnings released: NT$0.13 loss per share (vs NT$0.32 profit in 3Q 2020)The company reported a mediocre third quarter result with weaker earnings and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: NT$6.60b (up 44% from 3Q 2020). Net loss: NT$105.7m (down 144% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 127% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 22Inaugural dividend of NT$0.61 per shareEligible shareholders must have bought the stock before 29 October 2021. Payment date: 15 November 2021. The company last paid an ordinary dividend in March 2017. The average dividend yield among industry peers is 4.2%.
Reported Earnings • Aug 09Second quarter 2021 earnings released: EPS NT$1.00 (vs NT$0.23 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: NT$4.87b (up 21% from 2Q 2020). Net income: NT$806.8m (up 335% from 2Q 2020). Profit margin: 17% (up from 4.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 134% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • May 11Investor sentiment deteriorated over the past weekAfter last week's 16% share price decline to NT$17.55, the stock trades at a trailing P/E ratio of 2.5x. Average forward P/E is 17x in the Consumer Durables industry in Taiwan. Total returns to shareholders of 39% over the past three years.
Reported Earnings • May 04First quarter 2021 earnings released: EPS NT$6.00 (vs NT$0.40 loss in 1Q 2020)First quarter 2021 results: Revenue: NT$4.51b (up 52% from 1Q 2020). Net income: NT$4.85b (up NT$5.18b from 1Q 2020). 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 17% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 12Is AmTRAN TechnologyLtd (TPE:2489) Using Debt Sensibly?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
分析記事 • Mar 17Does AmTRAN TechnologyLtd (TPE:2489) Deserve A Spot On Your Watchlist?Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
お知らせ • Mar 16AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 15, 2021AmTRAN Technology Co.,Ltd, Annual General Meeting, Jun 15, 2021.
Is New 90 Day High Low • Mar 03New 90-day high: NT$12.85The company is up 7.0% from its price of NT$12.00 on 03 December 2020. The Taiwanese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 12% over the same period.
分析記事 • Feb 12What Type Of Returns Would AmTRAN TechnologyLtd's(TPE:2489) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market...
分析記事 • Dec 21Does AmTRAN TechnologyLtd (TPE:2489) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Nov 14Third quarter 2020 earnings released: EPS NT$0.30The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: NT$4.59b (up 22% from 3Q 2019). Net income: NT$241.5m (up NT$235.7m from 3Q 2019). Profit margin: 5.3% (up from 0.2% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 14New 90-day high: NT$11.00The company is up 5.0% from its price of NT$10.50 on 16 July 2020. The Taiwanese market is also up 5.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Consumer Durables industry, which is down 1.0% over the same period.